EX-99.18 19 ex99-18.htm CONSOLIDATED DUE DILIGENCE REPORT

Exhibit 99.18

Loan Number

Seller Loan Number

Originator

Last Name

Note Date

Original Balance

State

TPR QM ATR Status

Loan Status

Exception Date

Remediation Status

Exception ID

Exception Type

Exception Category

Exceptions

Exception Rebuttal

Exception Rebuttal Date

Exception Rebuttal Response

Exception Rebuttal Response Date

Compensating Factors

Initial Overall Loan Grade

Final Overall Loan Grade

Initial Exception Grade

Final Exception Grade

Initial Credit Grade

Final Credit Grade

Initial Property Valuation Grade

Final Property Valuation Grade

Initial Compliance Grade

Final Compliance Grade

Initial Overall Grade (DBRS)

Initial Credit Grade (DBRS)

Initial Property Valuation Grade (DBRS)

Initial Compliance Grade (DBRS)

Initial Overall Grade (Fitch)

Initial Credit Grade (Fitch)

Initial Property Valuation Grade (Fitch)

Initial Compliance Grade (Fitch)

Initial Overall Grade (KBRA)

Initial Credit Grade (KBRA)

Initial Property Valuation Grade (KBRA)

Initial Compliance Grade (KBRA)

Initial Overall Grade (Moody's)

Initial Credit Grade (Moody's)

Initial Property Valuation Grade (Moody's)

Initial Compliance Grade (Moody's)

Initial Overall Grade (S&P)

Initial Credit Grade (S&P)

Initial Property Valuation Grade (S&P)

Initial Compliance Grade (S&P)

Final Overall Grade (DBRS)

Final Credit Grade (DBRS)

Final Property Valuation Grade (DBRS)

Final Compliance Grade (DBRS)

Final Overall Grade (Fitch)

Final Credit Grade (Fitch)

Final Property Valuation Grade (Fitch)

Final Compliance Grade (Fitch)

Final Overall Grade (KBRA)

Final Credit Grade (KBRA)

Final Property Valuation Grade (KBRA)

Final Compliance Grade (KBRA)

Final Overall Grade (Moody's)

Final Credit Grade (Moody's)

Final Property Valuation Grade (Moody's)

Final Compliance Grade (Moody's)

Final Overall Grade (S&P)

Final Credit Grade (S&P)

Final Property Valuation Grade (S&P)

Final Compliance Grade (S&P)

2024130027

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Deed Missing or Defective

Missing Conveyance Deed from XXX and XXX to XXX and XXX

XXX: Deed

XXX: Received warranty deed

XXX

2024130027

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

XXX Coverage - Inadequate Coverage

$XXX title insurance coverage < $XXX minimum required

XXX: Title

XXX: Received updated title insurance coverage

XXX

2024130064

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Asset Documentation Missing or Defective

Missing XXX month bank statement for XXX #XXX, XXX, and Guardians #XXX to meet XXX day seasoning requirement

XXX: Guidelines only require XXX days of bank statements.

XXX: Received updated guidelines that only require XXX days of seasoning

XXX

2024130027

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Asset Documentation Missing or Defective

Gift funds are from the borrower's XXX, who is not an immediate family member required by guidelines

XXX: XXX is a blood relative. gift funds are allowed from them.

XXX: XXX, XXX is immediate

XXX

2024130027

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

Hazard Insurance Missing or Defective

$XXX hazard insurance coverage < $XXX minimum required. Guidelines require coverage to be the lessor of XXX% of the insurable value, as established by the property insurer; or the unpaid principal balance of the mortgage

XXX: XXX cal

XXX: Received evidence of replacement cost coverage
XXX: Guidelines state, "XXX% of the insurable value of improvements, as established by the property insurer". The insurable value must be determined by the property insurer. Please provide evidence the property insurer stated the insurable value of the property is $XXX

XXX

2024130064

XXX

ATR/QM: Exempt

XXX

Acknowledged

XXX

Property

Ineligible Project – Other Charter Violation

A XXX entity owns more than XXX% of the units in the XXX project, which is ineligible per guidelines dated XXX. The XXX entity owns XXX out of XXX, about XXX%

XXX: Uploaded XXX for exception.

XXX: Received waiver approval

XXX

FICO XXX, XXX, XXX months reserves

2024130053

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Deed Missing or Defective

Missing conveyance deed from XXX, XXX to XXX

XXX: Deed

XXX: Received deed

XXX

2024130084

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130028

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Deed Missing or Defective

Missing conveyance deed from XXX. XXX and XXX XXX, as XXX of the XXX XXX Revocable XXX to XXX

XXX: Deed

XXX: Received deed

XXX

2024130059

XXX

ATR/QM: Exempt

XXX

Acknowledged

XXX

Credit

Entity Documentation - Missing or Defective

Missing operating agreement for XXX

XXX: Waived via email

XXX: Waived XXX email
XXX: Please provide operating agreement for XXX or XXX and XXX. Name change understood, missing operating agreement

XXX

FICO XXX, DSCR XXX, XXX months reserves

2024130218

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Note Missing or Defective

Prepayment penalty charge of XXX% does not meet the guideline requirement of XXX months of interest or XXX%

XXX: I have XXX at a XXX% max allowed which is on the docs. Can you please advise? Thanks

XXX: XXX, max prepay allowed is XXX%

XXX

2024130040

XXX

ATR/QM: Exempt

XXX

Acknowledged

XXX

Credit

First Time Homebuyer

Borrower is a XXX, which is ineligible per guidelines

XXX: Uploaded XXX for the exceptions.

XXX: Received exception approval

XXX

FICO XXX, LTV XXX%, XXX months reserves

2024130075

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130059

XXX

ATR/QM: Exempt

XXX

Acknowledged

XXX

Credit

Note Missing or Defective

Prepayment penalty charge of XXX days of interest does not meet the guideline requirement of XXX months of interest or XXX%

XXX: Waived via email

XXX: Waived XXX email

XXX

FICO XXX, DSCR XXX, XXX months reserves

2024130218

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Closing Protection Letter Missing or Defective

Missing closing protection letter (XXX)

XXX: XXX

XXX: Received CPL

XXX

2024130092

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Deed Missing or Defective

Missing executed warranty deed from XXX XXX to XXX

XXX: Deed

XXX: Received deed

XXX

2024130107

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130086

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130042

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

Ineligible Property – Square Footage

XXX square feet of gross living area < XXX minimum required

XXX: Cleared via email

XXX: Received clarification XXX minimum does not apply to XXX

XXX

2024130047

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Insufficient Assets to Close

$XXX assets < $XXX cash to close. Additionally, please provide operating agreement for "XXX" to ensure borrower has access to these funds

XXX: borrower used funds to buy this property

XXX: Received additional assets
XXX: Received entity doc, missing additional assets to cover cash to close and reserves

XXX

2024130098

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

Subject Property Lease - Missing or Defective

Missing lease agreement property located at: XXX

XXX: lease agreement not required on XXX loans. Market rent is with the appraisal

XXX: Received clarification to leave data discrepancy, leases not required

XXX

2024130091

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130050

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Credit Report Aged

XXX days of credit report > XXX days max allowed

XXX: Credit report

XXX: Received updated credit report

XXX

2024130050

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Title Insurance Missing or Defective

XXX Commitment Schedule A missing XXX after lender's name in mortgagee clause

XXX: Title

XXX: Received title

XXX

2024130073

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130036

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

Subject Property Lease - Missing or Defective

Missing lease for Unit A of subject property, only lease for Unit B is in file

XXX: XXX. I upld a revised crse
XXX: Hey. we do not get leases on XXX loans are the market rent is on the appraisal

XXX: Received confirmation to rely on appraisal for occupancy status
XXX: Good morning! XXX uploaded does not have exception approval
XXX: XXX, guideline section 1.6.1 states XXX family properties are not allowed to be XXX for refinance transactions. We need lease agreement or exception approval for XXX XXX family property on a refinance transaction

XXX

2024130112

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130033

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130061

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Minimum Credit Score Requirement Not Met

XXX qualifying credit score < XXX minimum required for XXX. 1007 in file is based on XXX income

XXX: Credit report

XXX: Received updated credit report

XXX

2024130061

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Deed Missing or Defective

Conveyance deed from XXX and XXX not executed. Please provide the executed conveyance deed

XXX: deed

XXX: Received deed

XXX

2024130211

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130153

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Deed Missing or Defective

Missing conveyance deed from XXX, LLC to XXX

XXX: Uploaded deed.

XXX: Received deed

XXX

2024130117

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

Hazard Insurance Missing or Defective

$XXX hazard insurance coverage < $XXX minimum required. No replacement cost estimator or evidence of replacement cost coverage in file

XXX: Insurance

XXX: Received updated insurance

XXX

2024130067

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130069

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Deed Missing or Defective

Missing conveyance deed from XXX and XXX to XXX. Deeds in file are not executed

XXX: Uploaded deed - XXX name to XXX name.

XXX: Received deed

XXX

2024130069

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Mortgage Payment History Missing or Defective

Missing mortgage payment history for the mortgage to XXX being paid off through the subject transaction

XXX: Uploaded mtg stmt showing pay history since inception.

XXX: Received mortgage history

XXX

2024130129

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130148

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130065

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130099

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130062

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX6: Clear

XXX

2024130219

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Closing Protection Letter Missing or Defective

Missing closing protection letter

XXX: XXX

XXX: Received XXX

XXX

2024130100

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130141

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Entity Documentation - Missing or Defective

Missing Articles of Incorporation for: XXX

XXX: articles

XXX: Received articles of incorporation

XXX

2024130116

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130021

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Deed Missing or Defective

Missing Conveyance Deed from XXX to XXX and XXX

XXX: deed

XXX: Received deed

XXX

2024130113

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130208

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Closing Protection Letter Missing or Defective

Missing closing protection letter

XXX: XXX

XXX: Received XXX

XXX

2024130126

XXX

ATR/QM: Exempt

XXX

Acknowledged

XXX

Property

Ineligible Project – Other Charter Violation

XXX% of XXX units owned by a XXX entity > XXX% max allowed

XXX: Exception approval

XXX: Received exception approval

XXX

FICO XXX, LTV XXX%, DSCR XXX, XXX months reserves

2024130134

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

Appraisal Review - Missing

Missing appraisal review for property located at: XXX/XXX XXX

XXX: CDA

XXX: Received appraisal review

XXX

2024130114

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130008

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130127

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Deed Missing or Defective

Missing conveyance deed from XXX XXX and XXX to XXX

XXX: deed

XXX: Received deed

XXX

2024130145

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130137

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

Hazard Insurance Missing or Defective

Missing XXX for the subject property

XXX: Hazard
XXX: hazard

XXX: Received hazard insurance
XXX: Received XXX. Hazard insurance effective date of XXX is after the loan closing date of XXX. Please provide updated XXX or exception approval

XXX

2024130019

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Credit Report Aged

XXX days age of credit report > XXX days max allowed

XXX: Uploaded credit report.

XXX: Received credit report

XXX

2024130020

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Credit Report Aged

XXX days age of credit report > XXX days max allowed

XXX: Uploaded credit rpt.

XXX: Received credit report

XXX

2024130123

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130159

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130076

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

Hazard Insurance Missing or Defective

$XXX hazard insurance coverage < $XXX minimum required. XXX does not provide replacement cost coverage and there is no replacement cost estimator in file

XXX: evidence of replacement cost
XXX: The appraisal discloses the estimated cost new and we can use that to complete the XXX calc. See attached.

XXX: Received evidence of replacement cos
XXX: Guidelines section 2.4 states that coverage should be XXX% of the insurable value of improvements, as established by the XXX. Insurable value must be determined by the XXX, not the appraiser

XXX

2024130125

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130157

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130139

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130170

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130039

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130152

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130103

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130118

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130102

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130181

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130124

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130176

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130172

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130081

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130138

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130162

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130185

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130135

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130182

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130003

XXX

ATR/QM: Exempt

XXX

Acknowledged

XXX

Credit

Unacceptable Mortgage History

Borrower does not XXX

XXX: Waiver in file

XXX

LTV XXX%, FICO XXX, DSCR XXX

2024130003

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

Hazard Insurance Missing or Defective

$XXX hazard insurance coverage < $XXX minimum required. XXX does not provide replacement cost coverage and there is no replacement cost estimator in file. In addition, hazard insurance is missing XXX verbiage in the mortgagee clause

XXX: Verbiage added to mortgagee
XXX: Uploaded XXX - see page 19 of upload.
XXX: The UW used our calculation tool and it shows there is adequate insurance based on the appraiser's Estimate of Cost New.

XXX: Received updated hazard insurance
XXX: Received XXX, still missing XXX/XXX mortgagee clause
XXX: Guidelines section 2.4 states that coverage should be XXX% of the insurable value of improvements, as established by the XXX. Insurable value must be determined by the XXX, not the appraiser

XXX

2024130154

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130179

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

Appraisal Review - Missing

Missing appraisal review for property located at: XXX

XXX: appraisal & SSRs

XXX: Received XXX

XXX

2024130097

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130132

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130156

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Deed Missing or Defective

Missing Conveyance Deed from XXX to XXX

XXX: deed

XXX: Received deed

XXX

2024130016

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130158

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130168

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130193

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130188

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130014

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130196

XXX

ATR/QM: Exempt

XXX

Acknowledged

XXX

Property

Ineligible Property

Cash out refinance transactions on a XXX XXX family property are ineligible per guidelines. Please provide lease agreements indicating XXX or exception approval

XXX: XXX provided, exception approved by XXX for property & transaction type & XXX

XXX: Received exception approval

XXX

FICO XXX, XXX, XXX months reserves

2024130201

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130189

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130197

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130164

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Credit Report Missing or Defective

Missing credit report for Guarantor: XXX

XXX: credit report

XXX: Received credit report

XXX

2024130164

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Background Check Missing or Defective

Missing background check for guarantor : XXX

XXX: fraud report

XXX: Received fraud report

XXX

2024130203

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130077

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130151

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

Market Rent - Missing or Defective

Missing Market rent Source Document for the subjet property : XXX

XXX: uploaded lease

XXX: Received confirmation to use only lease

XXX

2024130013

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Credit Report Missing or Defective

Missing Credit Report for Guarantor : XXX

XXX: uploaded

XXX: Received

XXX

2024130194

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Title Insurance Missing or Defective

Title Commitment Schedule A missing XXX after lender's name in mortgagee clause

XXX: uploaded

XXX: Received

XXX

2024130147

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Credit Report Aged

XXX days age of credit report > XXX days max allowed

XXX: Uploaded updated credit report.

XXX: Received

XXX

2024130186

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130198

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130110

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Credit Report Missing or Defective

Missing credit report for Borrower: XXX

XXX: Uploaded credit report.

XXX: Received

XXX

2024130195

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

Appraisal Review - Missing

Missing Appraisal Review for property located at: XXX

XXX: This is XXX Relief Eligible. Uploaded the XXX.

XXX: Received appraisal review

XXX

2024130068

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130183

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130015

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Credit Report Missing or Defective

Missing Credit Report for Borrower: XXX

XXX: uploaded

XXX: Received

XXX

2024130140

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Insufficient Assets for Reserves

Audited Reserves of -XXX month(s) are less than Guideline Required reserves of XXX month(s)

XXX: used funds from refi to use towards reserves

XXX: Received assets

XXX

2024130169

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130191

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

No Findings

The loan meets all applicable guidelines

XXX: Clear

XXX

2024130022

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Borrower 1 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date)

Borrower XXX XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). Original credit report dated XXX. XXX Credit Report dated XXX. Closing date XXX.

Document Uploaded. ; Document Uploaded.

XXX

Received copy of XXX report dated XXX. Still not within XXX days of closing. XXX also provided. Acknowledged XXX expired one day prior to closing. Compensating Factors : Qualifying Credit Score is XXX; DTI - XXX% (Housing) // XXX% (Total); Borr with employer for XXX+ years; Reserves of XXX Months; Residual Income of $XXX; Credit History - XXX-last XXX months; Qualifying LTV is XXX. ; XXX report is still greater than XXX days prior to closing; Borrower XXX XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date).

XXX

Borrower has stable job time - Borrower has XXX years on job. Per Articles of Incorporation in file for XXX dated XXX, XXX is XXX and holds all XXX shares of XXX, with an effective date of XXX. XXX XXX in file supports Articles and states XXX is XXX shareholder and XXX% owner. No dates or duration taxes have been prepared by XXX found on XXX XXX.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX within tolerance.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX% within tolerance.
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX% within tolerance.
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX% within tolerance.

2024130022

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130022

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130217

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational only.

XXX

Borrower has stable job time - .

Original LTV is Below the Guideline Maximum - .

Qualifying FICO is Greater than the Guideline Minimum - .

Original CLTV is Below the Guideline Maximum - .

2024130217

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational only.

XXX

Borrower has stable job time - .

Original LTV is Below the Guideline Maximum - .

Qualifying FICO is Greater than the Guideline Minimum - .

Original CLTV is Below the Guideline Maximum - .

2024130217

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational only.

XXX

Borrower has stable job time - .

Original LTV is Below the Guideline Maximum - .

Qualifying FICO is Greater than the Guideline Minimum - .

Original CLTV is Below the Guideline Maximum - .

2024130212

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational only.

XXX

Original CLTV is Below the Guideline Maximum - .

Original LTV is Below the Guideline Maximum - .

Borrower has stable job time - .

Qualifying FICO is Greater than the Guideline Minimum - .

Qualifying DTI below max allowed. - .

2024130212

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational only.

XXX

2024130214

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational only.

XXX

2024130214

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational only.

XXX

2024130214

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational only.

XXX

2024130215

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only.

XXX

Qualifying FICO is Greater than the Guideline Minimum - .

Original CLTV is Below the Guideline Maximum - .

Original LTV is Below the Guideline Maximum - .

2024130215

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only.

XXX

Qualifying FICO is Greater than the Guideline Minimum - .

Original CLTV is Below the Guideline Maximum - .

Original LTV is Below the Guideline Maximum - .

2024130215

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only.

XXX

Qualifying FICO is Greater than the Guideline Minimum - .

Original CLTV is Below the Guideline Maximum - .

Original LTV is Below the Guideline Maximum - .

2024130029

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Overdraft/NSF Count Exceeds Tolerance

Overdraft/NSF count exceeds tolerance. CRSE in the file cites this exception and approval is granted.

Overdraft/NSF count exceeds tolerance. XXX in the file cites this exception and approval is granted.

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130029

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

TILA Right of Rescission Test

This loan failed the XXX right of rescission test.

Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the XXX business day following consummation.

The consumer may exercise the right to XXX until midnight of the XXX business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last. XXX has an expiration date of XXX, which is the XXX business day from consummation. Disbursement can not occur on same date as expiration date of the XXX.

Document Uploaded. ; Pls note that the Bwr signed the docs on XXX vs the date on the closing docs of XXX. So XXX is dated correctly with a date of XXX. We cant change the date of the CD as XXX was the date the docs were printed

XXX

Final settlement statement provided showing disbursement date is XXX; Exception resolved; XXX settlement statement provided showing disbursement date is XXX; Exception resolved; The XXX signed at consummation shows a disbursement date of XXX which is prior to the end of the XXX period. Provide either a XXX or XXX settlement statement to show the actual disbursement date was after XXX

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130029

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only.

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130029

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Missing Letter of Explanation (Assets)

Bank statement dated XXX shows a large deposit of $XXX from XXX Funding on XXX. Please provide an explanation for this deposit.

; Client called to discuss. The company is an XXX company and the deposit from XXX is based on the business provided. Additional deposits in the file confirm high amounts - clearing.

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130057

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.

2024130057

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.

2024130043

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Audited FICO is less than Guideline FICO

Audited FICO of is less than Guideline FICO of XXX. Credit score missing on report

I uploaded the credit report to the other finding. FICO is XXX.

XXX

Credit report uploaded; Audited FICO of XXX is greater than or equal to Guideline FICO of XXX

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130043

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Borrower 1 Credit Report is Missing

Borrower XXX Credit Report is Missing. Credit scores missing on report.

Document Uploaded. Uploaded credit report.

XXX

Credit report uploaded; Borrower XXX Credit Report is not missing.; Document Uploaded.

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130043

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130038

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Rent Loss Insurance Missing

Missing rent loss insurance coverage The property is an XXX property. The insurance does not state rent loss insurance is included. Provide proof of rent loss insurance.

Document Uploaded. See the XXX of Coverage in the file. Page 2 shows the "XXX" includes $XXX in XXX Value. This is the rent loss coverage.

XXX

XXX Rent loss uploaded.; Rent Loss Coverage Present

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130038

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130038

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130072

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130072

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130006

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

2024130006

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130006

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130030

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130030

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130060

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130060

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130060

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130037

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130037

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130037

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130071

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130071

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130071

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130054

XXX

ATR/QM: Exempt

XXX

Acknowledged

XXX

Credit

Audited Reserves are less than Guideline Required Reserves (Dollar Amount)

Audited Reserves of $ are less than Guideline Required Reserves of $XXX. Guidelines required XXX months of reserves. The file only documented $XXX in total assets available for reserves. The is $XXX short in reserves. Exception granted for reserves < XXX months. Granted by XXX XXX on XXX.

Document Uploaded. Assets were updated and the reserve calculation went down to XXX months. Updated XXX provided. Experienced XXX, no derog credit ever, FICO XXX points above minimum for program. ; Audited Reserves of $ are less than Guideline Required Reserves of $XXX. Guidelines required XXX months of reserves. The file only documented $XXX in total assets available for reserves. The is $XXX short in reserves. Exception granted for reserves < XXX months. Granted by XXX on XXX.

XXX

Credit score XXX; XXX credit history; XXX

2024130054

XXX

ATR/QM: Exempt

XXX

Acknowledged

XXX

Credit

Guideline Seasoning not Met

The required number of months reserves are to be seasoned does not meet Guideline requirement. Guidelines require assets to be seasoned for XXX days. The exception is not valid.

XXX

Credit score XXX; XXX credit history; XXX

2024130054

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Credit score XXX; XXX credit history; XXX

2024130054

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Credit score XXX; XXX credit history; XXX

2024130087

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130087

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

2024130087

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130044

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130044

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130044

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130105

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130105

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130045

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130045

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130045

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130055

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130055

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130094

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130094

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130082

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130082

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130090

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130090

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

2024130090

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130063

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130063

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130041

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130041

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130041

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

2024130080

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Payment shock exceeds guideline

Payment shock of XXX% exceeds the lender guidelines tolerance for payment shock. Exception listed on CRSE. Payment shock exceeds XXX%. Approved by XXX. Actual shock is XXX.

Payment shock of XXX% exceeds the lender guidelines tolerance for payment shock. Exception listed on XXX. Payment shock exceeds XXX%. Approved by XXX. Actual shock is XXX.; Exception listed on XXX

XXX

Borrower has stable job time - Borrower has XXX years on job. Comp Factor

2024130080

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Borrower has stable job time - Borrower has XXX years on job. Comp Factor

2024130025

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.

2024130025

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.

2024130025

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.

2024130032

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Missing verification of taxes, insurance, and/or HOA fees for non-subject property

The XXX Statement for the XXX with XXX XXX XXX is not present, the XXX statement or a letter from the borrower stating no XXX is not present.

Document Uploaded.

XXX

Received copy of mortgage statement from XXX - unable to locate the primary having a XXX loan - documentation supports property. Cleared.

XXX

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

2024130032

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

2024130032

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

2024130085

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Borrower has stable job time - Borrower has XXX years on job.

2024130085

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Borrower has stable job time - Borrower has XXX years on job.

2024130085

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Borrower has stable job time - Borrower has XXX years on job.

2024130004

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130004

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130004

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130051

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130051

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130051

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130024

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Approval/Underwriting Summary Partially Provided

Approval/Underwriting Summary Partially Provided. The subject property is a XXX per Section 3: XXX of the final application and a letter of explanation from the borrower. The Transmittal Summary in file reflects the subject property is an XXX. Provide a corrected Transmittal Summary (1008) that reflects the subject is a XXX.

The Credit Risk Summary & Exception Approval reflects the subjects Occupancy is XXX. The subject property is a XXX per Section 3: XXX of the final application and a letter of explanation from the borrower. Provide a corrected Credit Risk Summary & Exception Approval reflecting the Occupancy as XXX.

Document Uploaded.

XXX

Updated 1008/CRSE; Approval/Underwriting Summary is fully present

XXX

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Borrower has stable job time - Borrower has XXX years on job.
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130024

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

The Final 1003 is Incomplete

The Final 1003 is Incomplete The subject property is a XXX home per Section 3: XXX on the final application and a Letter of Explanation from the borrower stating it's a XXX. The final application reflects the subject transaction is the refinance of an XXX. Provide a corrected final application with Section 4: Loan and Property Information reflecting the subject is a XXX.

Document Uploaded.

XXX

Updated 1003 and XXX; The Final 1003 is Present

XXX

2024130024

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

XXX is Missing

XXX is Missing The subject property is a XXX per Section 3: XXX on the final application and a Letter of Explanation from the borrower stating it's a XXX. The loan closed as an XXX. The mortgage does not have a XXX. Provide a corrected mortgage with a XXX.

XXX,
This file was changed to an Investment so they could close in an XXX so there is no XXX

Thank you

XXX

The XXX is Present or Not Applicable (XXX is XXX)

XXX

2024130024

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130213

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Charges That Cannot Increase Test

This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX XXX Cure Required
Refund in the amount of $XXX
Cure Package requires a XXX, XXX, Copy of refund check and proof of delivery to the borrower XXX valid XXX.
The XXX tolerance violation is due to the increase in the Discount Point Fee on the CD dated XXX and no XXX was found in the file explaining the reason for the increase.
Please provide a Valid XXX or Cure Package.

Document Uploaded.

XXX

XXX provided; Exception resolved; XXX provided; Exception resolved

XXX

Borrower has stable job time - Borrower has XXX years on job.
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130213

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Satisfactory Chain of Title not Provided

XXX of XXX provided The subject property is owned by an XXX, the members of which are XXX trusts for which the borrowers are XXX. Appropriate documentation authorizing the XXX of the property is not in the file, even in draft form.

XXX of XXX has been provided; Document Uploaded.

XXX

2024130213

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Purchase is not considered to be an Arm's Length Transaction

Purchase is not considered to be an XXX Property is owned by the XXX, and is being transferred to them.

Purchase is considered to be an XXX, or Not Applicable

XXX

2024130213

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

Property Issue(s) are Present

XXX or more issues or defects with the property have been discovered. XXX

The issue with the property has been resolved.

XXX

2024130213

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Cash Out Does Not Meet Guideline Requirements

Cash Out Does Not Meet Guideline Requirements Transaction is incorrectly being XXX as a XXX. There should not be cash to the borrowers.

XXX Letter; Cash Out Meets Guideline Requirements

XXX

2024130213

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Audited Reserves are less than Guideline Required Reserves (Dollar Amount)

Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX.

1008; Audited Reserves of $XXX are equal to or greater than XXX Required Reserves of $XXX.

XXX

2024130213

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Audited DTI Exceeds Guideline DTI

Audited DTI of XXX% exceeds Guideline DTI of XXX% Income issue. See other comments

Audited DTI of XXX% is less than or equal to Guideline DTI of XXX%

XXX

2024130213

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines Per CPA, B2 is XXX% owner of the XXX. Per Final 1003 and 1008, B1 has no income. XXX% of the bank statement income is $XXX. 1003 and 1008 need to be corrected in order to show any of the XXX income for B1.

Document Uploaded.

XXX

Income and Employment Meet Guidelines; Income and Employment Do Not Meet Guidelines

XXX

2024130088

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Borrower 1 Credit Report is Expired

Borrower XXX Credit Report is Expired (Greater than XXX days from the Closing Date). Broker credit report dated XXX is expired at XXX days. Note date XXX.

Document Uploaded.

XXX

Updated Credit Report; Borrower XXX Credit Report is not Expired.

XXX

2024130088

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130088

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

2024130079

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130079

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130079

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

2024130216

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

2024130216

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130216

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

2024130115

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Hazard insurance dwelling coverage is not sufficient

Hazard Insurance coverage of $XXX is less than required coverage required XXX coverage is less than required coverage required. XXX Declaration page does state XXX% Replacement Cost.

Document Uploaded. XXX, this is a XXX Property and it does state XXX Replacement Cost--see the attached XXX Calculator

XXX

UW error. XXX states XXX% replacement Value.; Hazard Insurance coverage meets guideline requirement

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130115

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130115

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130046

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cured

XXX

Compliance

Charges That Cannot Increase Test

XXX XXX Cure required: Cure of $XXX required for increase of appraisal fee without valid XXX. XXX provided insufficient cause of increase. Cure requirements include XXX, XXX, and copy of refund check, or valid XXX. This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

Document Uploaded. ; Document Uploaded. As I stated XXX, the Appraised Value means increase in the Appraisal Fee our system has pre-set reasons for the XXX and that is the reason. Also, note that we ALWAYS do an estimate on the Appraisal Fee until we get the Appraisal/Invoice. ; Document Uploaded.

XXX

Cure package provided; exception downgraded to a XXX; There was no reason provided for the increase in appraisal fee, receiving the invoice is not a valid reason for an increase. In addition the appraisal invoice is dated XXX which is more than XXX days prior to the date the date the appraisal fee increase was disclosed; The XXX provided did not contain a valid reason for the appraisal to increase. The appraised value change is not a valid reason for the change of the appraisal fee

XXX

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130046

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Incorrect rescission model used - RTC form model XXX used for Same Lender or Lender Affiliate Refinance

Incorrect rescission model used - XXX form model XXX (XXX) used for Same Lender or Lender Affiliate Refinance Subject is a same lender cash-out refinance with XXX. The incorrect Right to Cancel form was utilized.

Document Uploaded.

XXX

Cure package provided, borrower given new XXX day waiting period; exception resolved; Correct XXX form has been provided

XXX

2024130046

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

2024130046

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130046

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130119

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130119

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130119

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

2024130066

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Missing letter of explanation

Missing Name/XXX as required by the lender at closing.

Document Uploaded. Uploaded Name XXX.

XXX

Name XXX uploaded

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.

2024130066

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

2024130066

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130011

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

2024130011

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130011

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130209

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130209

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130209

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130034

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Initial Closing Disclosure Delivery Date Test

The initial CD issued on XXX is missing from the loan file. This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation.

Document Uploaded. Uploaded initial CD.

XXX

Initial CD provided; Exception resolved; Initial CD provided; Exception resolved

XXX

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.

2024130034

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Initial Loan Estimate Delivery Date Test (from application)

The initial LE issued on XXX is missing from the loan file. This loan failed the initial loan estimate delivery date test (from application) due to XXX of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the XXX business day (counting days on which the XXX are open to the XXX for carrying on substantially all of its XXX) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $XXX, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the XXX will be deemed to be open or not open for carrying on substantially all of its XXX, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure XXX business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings XXX days profile page:As not being open on XXX not being open on XXX PLEASE NOTE: If a conflict results from the client preferences configured on the company settings XXX days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the XXX are closed to the public for carrying on substantially all of its XXX functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the XXX business day after the creditor receives the consumer's application.

Document Uploaded. Uploaded the initial XXX and a revised XXX with XXX.

XXX

Initial XXX provided; Exception resolved; Initial XXX provided; Exception resolved

XXX

2024130034

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130005

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Audited DTI Exceeds Guideline DTI

Audited DTI of XXX% exceeds Guideline DTI of XXX% Per Guidelines the max DTI is XXX%. Using the initial credit report account payments the actual DTI is XXX%.

Document Uploaded. I have uploaded an XXX to explain the updates I have made to the file. I put the liability pmts back to the original credit report figures and updated a few payments if higher on the XXX Report. But there are XXX liabilities that show paid off to $XXX balance on the XXX Report and I have pinpointed where those payoffs are on the bank statement so those have been excluded. The final DTI is XXX%.

XXX

Audited DTI of XXX% is less than or equal to Guideline DTI of XXX%; Proof of Liabilities payments and updated 1008; Audited DTI of XXX% is less than or equal to Guideline DTI of XXX%

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130005

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Charges That In Total Cannot Increase More Than XXX% Test

This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). The XXX% tolerance violation in the amount of $XXX is due to the missing Initial XXX and initial XXX from the file. Please provide all XXX and XXX in order to test compliance timing and tolerance regulations.

Document Uploaded. Uploaded the initial CD. LEs and XXX are uploaded to other finding.

XXX

XXX in file; Exception resolved; XXX in file; Exception resolved; This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130005

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Initial Closing Disclosure Delivery Date Test

The initial CD issued on XXX is missing from the loan file. Please provide all XXX in order to test compliance timing and tolerance regulations. This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation.

Uploaded XXX to the other finding.

XXX

Initial CD provided; Exception resolved; Initial CD provided; Exception resolved

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130005

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Charges That Cannot Increase Test

This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). The zero tolerance violation in the amount of $XXX is due to the missing Initial XXX and initial XXX from the file. Please provide all XXX and XXX in order to test compliance timing and tolerance regulations.

All have been uploaded to other findings.

XXX

Initial XXX provided; Exception resolved; Initial XXX provided; Exception resolved

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130005

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Initial Loan Estimate Delivery Date Test (from application)

The initial XXX issued XXX is missing from the loan file. This loan failed the initial loan estimate delivery date test (from application) due to XXX of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the XXX business day (counting days on which the XXX are open to the public for carrying on substantially all of its XXX functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $XXX, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the XXX will be deemed to be open or not open for carrying on substantially all of its XXX functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure XXX business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on XXX As not being open on XXX PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as XXX open and closed, ComplianceAnalyzer calculations will presume the XXX are closed to the XXX for carrying on substantially all of its XXX functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the XXX business day after the creditor receives the consumer's application.

Uploaded XXX to other finding.

XXX

Initial XXX provided; Exception resolved; Initial XXX provided; Exception resolved

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130005

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Initial Loan Estimate Delivery Date Test (prior to consummation)

The initial LE issued XXX is missing from the loan file. Please provide all XXX and Written List of Service Providers in order to test compliance timing and tolerance regulations. This loan failed the initial loan estimate delivery date test (prior to consummation) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(B) )The initial loan estimate delivery date is less than the XXX business day (counting all calendar days except XXX and XXX) before consummation of the transaction; orThe initial loan estimate delivery date is on or after consummation of the transaction.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $XXX, regardless of the actual values on the disclosure.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(e)(1)(i) (provision of loan estimate form) not later than the XXX business day before consummation of the transaction.

Document Uploaded. Uploaded the XXX and XXX.

XXX

Initial XXX provided; Exception resolved; Initial XXX provided; Exception resolved

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130005

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Missing Credit Score Disclosure (XXX)

Missing Credit Score Disclosure (XXX). The XXX disclosure is missing.

Document Uploaded. Uploaded credit score disclosure.

XXX

XXX Credit Score Disclosure is provided.

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130005

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Borrower has stable job time - Borrower has XXX years on job.

2024130048

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130048

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

2024130048

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130093

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

2024130093

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130093

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130056

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130056

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130056

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130095

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%

2024130095

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130095

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130096

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Cash Out Does Not Meet Guideline Requirements

Per guidelines the max cash for credit scores under XXX is $XXX. The subject transaction cash out amount is $XXX. CRSE approved exception to guidelines. Exception Type-Other-Credit. Exception granted by XXX on XXX.

XXX in the file cites this exception and approval is grnated.

XXX

2024130096

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Overdraft/NSF Count Exceeds Tolerance

Overdraft/NSF count exceeds tolerance. Per CRSE - XXX requires review of NSFs for acceptability. Actual - # of NSFs in last XXX = XXX. Exception submitted to XXX. - XXX

XXX in the file cites this exception and approval is provided.

XXX

2024130096

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

2024130096

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130009

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cured

XXX

Compliance

Charges That In Total Cannot Increase More Than XXX% Test

Document Uploaded. Uploaded all cure docs.; Can you please provide your calculation for how you came up with $XXX? XXX!; Document Uploaded. Uploaded missing XXX and CD.

XXX

Cure package provided; Exception downgraded to a XXX; The fees in section C are paid to a provider listed on the XXX. The fees did not change with a loan amount increase. If the borrower chose to shop for the service provider, provide documentation to support this.
Fees charged on the XXX that were also charged on the CD:
$XXX Title - Closing Fee
$XXX Title - Lenders Title Insurance
$XXX recording fee
Total $XXX = XXX% tolerance = $XXX

Fees charged on CD paid to XXX
$XXX  Title - Closing fee
$XXX Title - E recording fee
$XXX  title -  Lenders Title insurance
$XXX Title - Endorsement fee
$XXX Recording fee
Total: $XXX - $XXX = $XXX; The fees in section C are paid to a provider listed on the XXX. The fees did not change with a loan amount increase. Provide a cure package with a refund of $XXX. If the borrower chose to shop for the service provider, provide documentation to support this; XXX XXX Cure Required.  Refund in the amount of $XXX, cure package requires a XXX, XXX, Copy of Refund Check, and Proof of Delivery or Valid XXX. The XXX tolerance violation in the amount of $XXX is due to the increase in title fees without a valid XXX. The XXX in file indicate the title fees changed but do not indicate a reason. There is also a missing LE tied to a XXX dated XXX

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130009

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Borrower 1 CPA Letter Missing

Borrower XXX XXX Letter Missing Proof of ownership percentage is required by guidelines. The XXX filing shows the borrower to be the XXX member, but not the only XXX

Document Uploaded. Uploaded Op Agreement.; Document Uploaded. Uploaded Sec of XXX - page 2 shows borrower as the only XXX.

XXX

XXX Operating Agreement. XXX member only; Borrower XXX CPA Letter Provided; This is not an adequate document to prove XXX. Guidelines require a Third Party accountant letter, Operating agreement(XXX member) or equivalent stating XXX percentage (example of equivalent documentation can include but not limited to: Partnership Agreement, Articles of Incorporation).; This is not an adequate document to prove ownership of the XXX. Guidelines require a Third Party accountant letter, Operating agreement(XXX member) or equivalent stating ownership percentage (example of equivalent documentation can include but not limited to: Partnership Agreement, Articles of Incorporation).

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130009

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130111

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130111

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130210

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130210

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130026

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

2024130026

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130026

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130078

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cured

XXX

Compliance

High-Cost Mortgage Points and Fees Threshold Test

This loan failed the high-cost mortgage points and fees threshold test due to one of the following findings: ( 12 CFR §1026.32(a)(1)(ii)(A), (B) )The loan amount is $XXX or more, and the transaction's total points and fees is $XXX, which exceeds XXX percent of the total loan amount of $XXX; or The loan amount is less than $XXX and the transaction's total points and fees is $XXX, which exceeds the lesser of XXX percent of the total loan amount of $XXX or $XXX. Fees included in testing:
$XXX Lender Paid XXX compensation
$XXX Discount points - unable to exclude any due to missing undiscounted rate
$XXX Underwriting Fee
Cure Required. Refund in the amount of $XXX, cure package requires a XXX, XXX, Copy of Refund Check, and Proof of Delivery

PCCD, LOE, copy of check and proof of shipment provided with XXX days of discovery, XXX, which downgrades the exception to a B. Exception cured within XXX days of the creditor's discovery or receipt of notification of an unintentional violation or XXX error and prior to the XXX of any action. The consumer was notified of the compliance failure, appropriate restitution was made, and whatever adjustments necessary were made to the loan to either, (A) make the loan satisfy the requirements of this part; or (B) in the case of a high-cost mortgage, change the terms of the loan in a manner beneficial so that the loan will no longer be a high-cost mortgage. The consumer accepted a change the terms of the loan in a manner beneficial so that the loan will no longer be a high-cost mortgage.

XXX

2024130078

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cured

XXX

Compliance

High-Cost Mortgage Timing of Disclosure Test

This loan failed the high-cost mortgage timing of disclosure test due to one of the following findings: ( 12 CFR §1026.31(c) )The High-Cost Mortgage Disclosure Date indicates the creditor did not furnish the disclosure required by 12 CFR §1026.32 at least XXX business days prior to the consummation or account opening of a high-cost mortgage; orThe High-Cost Mortgage Disclosure Date was not provided; orNeither the consummation date nor the closing date was provided. Fees included in testing:
$XXX Lender Paid XXX compensation
$XXX Discount points - unable to exclude any due to missing undiscounted rate
$XXX Underwriting Fee
Cure Required. Refund in the amount of $XXX, cure package requires a XXX, XXX, Copy of Refund Check, and Proof of Delivery

XXX

2024130078

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cured

XXX

Compliance

High-Cost Mortgage Pre-Loan Counseling Date Test

This loan failed the high-cost mortgage pre-loan counseling date test due to one of the following findings: (12 CFR §1026.34(a)(5)(i), (ii))The loan is a XXX XXX loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the good faith estimate or the disclosures required by 12 CFR §1026.40; or The loan is a XXX XXX loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the initial loan estimate or the disclosures required by 12 CFR §1026.40; or The High-Cost Mortgage Pre-Loan Counseling Date was not provided; orThe High-Cost Mortgage Pre-Loan Counseling Date is on or after the closing date or estimated closing date.Certification of counseling required. A creditor shall not extend a high-cost mortgage to a consumer unless the creditor receives written certification that the consumer has obtained counseling on the advisability of the mortgage from a counselor that is approved to provide such counseling by the XXX of the XXX. Department of XXX and XXX or, if permitted by the XXX, by a State XXX.(ii) Timing of counseling. The counseling required under this paragraph (a)(5) must occur after:(A) The consumer receives either the disclosure required by section 5(c) of the XXX Procedures Act of XXX (XXX(c)) or the disclosures required by §1026.40; or(B) The consumer receives the disclosures required by §1026.32(c), for transactions in which neither of the disclosures listed in (A) are provided. Fees included in testing:
$XXX Lender Paid broker compensation
$XXX Discount points - unable to exclude any due to missing undiscounted rate
$XXX Underwriting Fee
Cure Required. Refund in the amount of $XXX, cure package requires a XXX, XXX, Copy of Refund Check, and Proof of Delivery

XXX

2024130078

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cured

XXX

Compliance

Charges That In Total Cannot Increase More Than XXX% Test

This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi). File missing XXX, all fees in section C are tested in the XXX% tolerance
XXX XXX cure required:
Refund in the amount of $XXX.
The XXX% tolerance violation in the amount of $XXX is due to an increase in title fees from the XXX to CD;. The XXX issued on XXX is invalid due to being incomplete; Need evidence of a valid XXX, XXX or proof of refund check to the borrower in the amount of $XXX.

Document Uploaded.

XXX

Cure package provided; Exception downgraded to a XXX/B; The XXX does not give the borrower the option to shop, it only indicates the appraisal fee as a service the borrower cannot shop for. Cure package required which includes copy of check for refund in the amount of $XXX; XXX, XXX and proof of delivery

XXX

2024130078

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cured

XXX

Compliance

High-Cost Mortgage Late Fee Test

This loan failed the high-cost mortgage late charges test for XXX of the following reasons: ( 12 CFR §1026.34(a)(8)(i) )The loan provides for a late payment fee in excess of XXX% of the amount of the payment past due; orA value for the late charges amount was not provided.Any late payment charge imposed in connection with a high-cost mortgage must be specifically permitted by the terms of the loan contract or open-end credit agreement and may not exceed XXX percent of the amount of the payment past due. No such charge may be imposed more than once for a single late payment. Fees included in testing:
$XXX Lender Paid broker compensation
$XXX Discount points - unable to exclude any due to missing undiscounted rate
$XXX Underwriting Fee
Cure Required. Refund in the amount of $XXX, cure package requires a XXX, XXX, Copy of Refund Check, and Proof of Delivery

XXX, XXX, copy of check and proof of shipment provided with XXX days of discovery, XXX, which downgrades the exception to a B. Exception cured within XXX days of the creditor's discovery or receipt of notification of an unintentional violation or XXX error and prior to the XXX of any action. The consumer was notified of the compliance failure, appropriate restitution was made, and whatever adjustments necessary were made to the loan to either, (A) make the loan satisfy the requirements of this part; or (B) in the case of a high-cost mortgage, change the terms of the loan in a manner beneficial so that the loan will no longer be a high-cost mortgage. The consumer accepted a change the terms of the loan in a manner beneficial so that the loan will no longer be a high-cost mortgage.

XXX

2024130078

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cured

XXX

Compliance

TX SB 1581 High-Cost Home Loan Credit Transaction Points and Fees Threshold Test

This loan failed the high-cost home loan credit transaction points and fees test due to one of the following findings: (TX SB 1581 Sec. 343.201 (1)(E))The date creditor received application is before XXX XXX, XXX; andThe total points and fees payable by the consumer at or before loan closing is $XXX, which exceeds the greater of XXX percent of the "total loan amount" (as defined in the official commentary to paragraph 32(a)(1)(ii)), or $XXX.The date creditor received application is on or after XXX XXX, XXX; andThe loan amount is $XXX or more, and the transaction's total points and fees is $XXX, which exceeds XXX percent of the total loan amount of $XXX; orThe loan amount is less than $XXX and the transaction's total points and fees is $XXX, which exceeds the lesser of XXX percent of the total loan amount of $XXX or $XXX. Fees included in testing:
$XXX Lender Paid broker compensation
$XXX Discount points - unable to exclude any due to missing undiscounted rate
$XXX Underwriting Fee
Cure Required. Refund in the amount of $XXX, cure package requires a XXX, XXX, Copy of Refund Check, and Proof of Delivery

Document Uploaded. ; Document Uploaded.

XXX

Cure packaged provided; ; Undiscounted rate did not resolve the exception; the discount points could not be excluded due to the undiscounted rate being more than XXX% above XXX (XXX%) therefore they are not considered XXX. Refund in the amount of $XXX, cure package requires a XXX, XXX, Copy of Refund Check, and Proof of Delivery

XXX

2024130078

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Overdraft/NSF Count Exceeds Tolerance

Overdraft/NSF count exceeds tolerance. Guidelines require a review of NSF activity to verify acceptability. The # of NFS in the last XXX months is XXX. Exception Type-Other-Assets. Exception granted by XXX on XXX.

XXX in file.

XXX

2024130078

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130078

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130150

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Audited Reserves are less than Guideline Required Reserves (Dollar Amount)

Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX. Guidelines require XXX months reserves. XXX in the file cites this Exception and approval is granted.

XXX

2024130150

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Guideline Seasoning not Met

The required number of months reserves are to be seasoned does not meet Guideline requirement. Guidelines require XXX months reserves. XXX in the file cites this Exception and approval is granted.

XXX condition - Seasonings met; reserves were triggered correctly.

XXX

2024130150

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

2024130150

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130144

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

2024130144

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130144

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130122

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Borrower has stable job time - Borrower has XXX years on job.
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130122

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130122

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130109

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130109

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130109

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Housing History Does Not Meet Guideline Requirements

Housing History Does Not Meet Guideline Requirements XXX in the file cites this exception and approval is granted

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130010

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130010

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130010

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Delinquent Credit History Does Not Meet Guideline Requirements

Delinquent Credit History Does Not Meet Guideline Requirements Audited consumer credit reflects XXX. Lender Guidelines allow XXX for consumer credit history. XXX approved exception to guidelines. Exception type-Credit Payment History (Consumer Debt).Exception granted by XXX on XXX.

XXX

2024130052

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.

2024130052

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.

2024130052

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

XXX Dated Prior to the Note Date, After Appraisal Date

Property located in XXX Declared XXX with no subsequent property Inspection. A XXX was declared on XXX. A property inspection is needed for the subject property

Document Uploaded.

XXX

XXX report; Property Inspection Provided.

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.

2024130146

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130146

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130146

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130031

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130031

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130031

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Borrower 1 Business Bank Statements Less Than XXX Months Provided

The loan closed under the XXX month bank statement program. The loan file is missing is the full XXX month bank statements. The month of XXX XXX was not provided. Additional conditions may apply.

Document Uploaded.

XXX

XXX XXX bank statements for review.

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130106

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Initial Closing Disclosure Delivery Date Test

This loan failed the initial closing disclosure delivery date test due to XXX of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"XXX" or "XXX" or blank, and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than XXX business days (counting all calendar days except XXX and XXX) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than XXX business days before consummation. The initial CD was issued on XXX which is less than XXX business day prior to the consummation date of XXX.

Document Uploaded.

XXX

Corrected notary date; loan closed on the XXX. Exception resolved; Corrected notary date; loan closed on the XXX. Exception resolved

XXX

2024130106

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Charges That Cannot Increase Test

This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX XXX cure required:
Refund in the amount of $XXX
The zero tolerance violation in the amount of $XXX is due to an increase in Discount Points from the XXX to CD; Need evidence of a valid XXX, XXX or proof of refund check to the borrower in the amount of $XXX. The initial CD and XXX issued on XXX is less than XXX business day prior to the consummation date of XXX which makes the XXX invalid.

Document Uploaded.

XXX

Corrected notary date; loan closed on the XXX. Exception resolved; Corrected notary date; loan closed on the XXX. Exception resolved

XXX

2024130106

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130106

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130106

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Evidence of Appraisal Delivery to Borrower not Provided or Late (12 CFR 1002.14(a)(1))

The file did not contain evidence confirming a copy of the appraisal was provided to the consumer at least XXX-business days prior to the consummation date. If the consumer waived rights, a copy still needs to be provided prior to or at consummation. The violation can be resolved by providing evidence that the consumer received the report in a timely manner. (12 CFR 1002.14(a)(1)). The latest evidence of the appraisal issued to the borrower is XXX, which is less than XXX business days from consummation.

Document Uploaded.

XXX

borrower waived right to receive appraisal at least XXX days prior to consummation and appraisal was delivered prior to consummation; Exception resolved; Evidence of appraisal delivery provided.

XXX

2024130106

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Missing Credit Score Disclosure (XXX)

Missing Credit Score Disclosure (XXX). The XXX disclosure is missing from the loan file.

Document Uploaded.

XXX

XXX Credit Score Disclosure is provided.

XXX

2024130143

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130143

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130143

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130074

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130074

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130074

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130136

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130136

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130120

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130120

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130120

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130058

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130058

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130058

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130155

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130155

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130155

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130089

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130089

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130166

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130166

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Delinquent Credit History Does Not Meet Guideline Requirements

Delinquent Credit History Does Not Meet Guideline Requirements XXX in < XXX months prior to closing date.

Per XXX - Credit-Judgments/Collections/Tax Liens. No chargeoffs in last XXX months. Actual - Borrower had a chargeoff in XXX. Exception granted to allow chargeoff that occurred XXX months ago.

XXX

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130166

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Property

HOA Does Not Meet Guidelines

XXX Does Not Meet Guidelines XXX payment delinquency exceeds the guideline allowed XXX%.

CRSE - Property - XXX Project Eligibility. Max XXX% XXX delinquency; actual - XXX delinquency is XXX%. Exception granted to allow XXX% XXX delinquency rate - doing this as XXX. Exception reviewed by management.

XXX

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130171

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130171

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130171

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130121

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Borrower has stable job time - Borrower has XXX years on job.
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

2024130121

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Borrower has stable job time - Borrower has XXX years on job.
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

2024130121

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Borrower has stable job time - Borrower has XXX years on job.
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

2024130101

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Income documentation does not meet guidelines

The guidelines state that the borrower was required to bring a XXX paystub and XXX years prior XXX. The loan file is missing the XXX paystub and XXX year previous income documentation. A XXX XXX was provided. Please provide XXX tax returns and XXX paystub.

Document Uploaded. Uploaded paystubs and XXX. B1 is a XXX employee and only provided income docs for XXX and XXX XXX. Exception for XXX income docs. NOTE: Tax returns would not have been required since this is a bank stmt loan.

XXX

XXX uploaded to the file cites the exception of borrower missing XXX XXX income.

XXX

XXX FICO, Residual income = $XXX/m; # of months of reserves = XXX ;Co-borrower has owned business > XXX years ;Credit history = XXX

2024130101

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Borrower 1 Paystubs Missing

Borrower XXX Paystubs Missing

Document Uploaded. XXX uploaded.

XXX

Borrower XXX XXX Provided

XXX

XXX FICO, Residual income = $XXX/m; # of months of reserves = XXX ;Co-borrower has owned business > XXX years ;Credit history = XXX

2024130101

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

XXX FICO, Residual income = $XXX/m; # of months of reserves = XXX ;Co-borrower has owned business > XXX years ;Credit history = XXX

2024130101

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

XXX FICO, Residual income = $XXX/m; # of months of reserves = XXX ;Co-borrower has owned business > XXX years ;Credit history = XXX

2024130130

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cured

XXX

Compliance

Charges That Cannot Increase Test

This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i). XXX XXX Cure required. Refund in the amount of $XXX, cure package requires a XXX, XXX, Copy of Refund Check and Proof of Delivery or Valid XXX. The tolerance is due to increased Appraisal Fee from XXX XXX to Final CD XXX.

Document Uploaded. Uploaded all cure docs.

XXX

Cure package provided; exception downgraded to a XXX/B

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130130

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130130

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130083

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130083

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130083

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130035

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Borrower has stable job time - Borrower has XXX years on job.

2024130035

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130035

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130070

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130070

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130049

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130049

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Property

Property/Appraisal General

Property/Appraisal guideline violation: Property does not meet the minimum sq ft guidelines. CRSE in the file cites this exception and approval is granted.

Property/Appraisal guideline violation: Property does not meet the minimum sq ft guidelines. XXX in the file cites this exception and approval is granted.

XXX

2024130007

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130007

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130007

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130161

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130161

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130161

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130177

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130177

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130177

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130149

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130149

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130149

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Audited Reserves are less than Guideline Required Reserves (Dollar Amount)

Audited Reserves of $ are less than Guideline Required Reserves of $XXX. Exception in file for XXX months verified reserves, XXX months required by guidelines.

XXX

Borrower has stable job time - Borrower has XXX years on job.

2024130163

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130163

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130163

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130142

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130142

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130142

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130174

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130174

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130174

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130108

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130108

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130108

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cured

XXX

Compliance

Charges That In Total Cannot Increase More Than XXX% Test

XXX XXX Cure Required. Refund in the amount of $XXX, cure package requires a XXX, XXX, Copy of Refund Check, and Proof of Delivery or Valid XXX. The XXX% tolerance violation in the amount of $XXX is due to the increase in title fees paid to the provider on the XXX. The XXX in file is not sufficient for increase in title fees This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

Document Uploaded.

XXX

cure package provided, exception downgraded to a XXX/B.; cure package provided, exception downgraded to a XXX/B.

XXX

2024130108

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Missing Credit Score Disclosure (XXX)

Missing Credit Score Disclosure (XXX). Missing Credit Score Disclosure (XXX).

Document Uploaded.

XXX

Credit Score Disclosure provided, exception resolved; XXX Credit Score Disclosure is provided.

XXX

2024130160

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130160

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130160

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130160

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

ATR: Current Employment Not Verified

ATR: Current Employment Not Verified Guidelines require a VOE XXX within days prior of closing or anytime after closing. Please provide a VOE for review.

Document Uploaded.

XXX

ATR: Current Employment Was Verified; ; Received a copy of the Sec of XXX and XXX searches showing re-reviewed on XXX.

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130131

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130131

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130131

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130165

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130165

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130165

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130187

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130187

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

Title Coverage is Less than Subject Lien

Title Coverage Amount of $XXX is Less than Total Amount of Subject Lien $XXX Please send the working XXX commitment with title coverage amount sufficient to cover the subject lien.

Document Uploaded. The XXX commitment has a Supplemental Report that goes with it that details the subject lien. I have uploaded.

XXX

XXX insurance value.; XXX Coverage Amount of $XXX is equal to or greater than Total Amount of Subject Lien $XXX

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130173

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130173

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130173

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130133

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130133

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130133

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Borrower 1 3rd Party VOE Prior to Close Missing

Borrower XXX 3rd Party VOE Prior to Close Missing Missing 3rd Party Verbal VOE completed within XXX days of the closing date.

Document Uploaded. The borr is XXX therefore the file has the XXX of XXX pulled XXX days before closing to show Active.

XXX

Borrower XXX XXX Party VOE Prior to Close Was Provided; ; Received updated business search dated XXX. ; Borrower XXX XXX Party VOE Prior to Close Missing

XXX

2024130133

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Borrower 1 YTD Profit & Loss Missing

Borrower 1 XXX & XXX Missing Per Lender Guidelines documentation requirements a XXX proprietor a XXX P&L statement is required if the loan application is dated >XXX days after the end for the XXX' tax year. The application date is XXX is over XXX days from 1XXX. Provide a XXX P&L Statement.

Document Uploaded. I have removed the XXX income therefore would not need a P&L since no longer using to qualify and it's positive income. Uploaded 1008, 1003, and CRSE. Please read the comments on the 1003 bc I also corrected the assets/reserves. There is a credit on the CD for funds sent to closing therefore those needed to be deducted from total assets so not double counted. Borr still has enough reserves (XXX mos). Thx!

XXX

Borrower XXX XXX Profit & Loss Provided; Received an updated 1003/CRSE/1008. The P&L income was removed since P&L up to date documentation was not obtained. Borrower still qualifies with out this additional income - condition cleared.

XXX

2024130133

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Income and Employment Do Not Meet Guidelines

Income and Employment Do Not Meet Guidelines Employment does not meet lender guidelines because the file is missing the Verbal Employment Verification completed within XXX days of the closing date.

Borrower is XXX therefore the XXX was pulled within XXX days of closing to show it is active. A verbal XXX would not apply.; Borrower is XXX therefore the XXX was pulled within XXX days of closing to show it is active. A verbal XXX would not apply.

XXX

Income and Employment Meet Guidelines; Received updated business search dated XXX. ; Income and Employment Do Not Meet Guidelines

XXX

2024130133

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

ATR: Current Employment Not Verified

ATR: Current Employment Not Verified Lender guideline requires employment to be verified within XXX days of the closing date. The file is missing proof of self employment within XXX days of the closing date.

; Received updated business search dated XXX.

XXX

2024130184

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130184

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130184

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130128

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130128

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130128

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130104

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130104

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130104

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Missing Credit Score Disclosure (XXX)

Missing Credit Score Disclosure (XXX). The XXX disclosure is missing from the loan file.

Document Uploaded. Uploaded the cred score discl.

XXX

XXX Credit Score Disclosure is provided.

XXX

2024130167

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130167

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130167

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130023

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

2024130023

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

2024130023

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

ATR: Current Employment Not Verified

ATR: Current Employment Not Verified Guidelines require a verification of existence of business within XXX days of closing or anytime after. Please provide a VOE for review.

Document Uploaded. Updated business search conducted on XXX has been received. Cleared.

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.
Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%

2024130012

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

No exceptions The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130012

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130012

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Purchase Contract is Expired

The purchase contract expired XXX. The loan closed XXX. Please provide a XXX extending the contract to XXX.

Document Uploaded. Per XXX, the Extension to XXX is not required.

XXX

; Received copy of email from XXX advising the extension is not a requirement for this loan.

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130200

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130200

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130200

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Hazard insurance dwelling coverage is not sufficient

Hazard Insurance coverage of $XXX is less than required coverage required XXX in file reflects coverage of only $XXX, insufficient to cover the loan amount of $XXX, or XXX total estimate of cost new on the appraisal of $XXX.

Document Uploaded.

XXX

Hazard Insurance coverage meets guideline requirement; Received copy of Replacement Cost Estimate.

XXX

2024130180

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130180

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130180

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130175

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130175

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Purchase Contract is Expired

The purchase contract expired XXX. The loan closed XXX. Provide a XXX extending the contract to XXX.

Document Uploaded.

XXX

Received copy of Purchase Agreement addendum extending the contract to XXX.

XXX

2024130175

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

Missing Credit Score Disclosure (XXX)

Missing Credit Score Disclosure (XXX).

Document Uploaded.

XXX

XXX Credit Score Disclosure is provided.

XXX

2024130175

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

The Initial 1003 is Missing

Document Uploaded.

XXX

The Initial 1003 is Present; Initial 1003 has been provided.

XXX

2024130205

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX% is less than Guideline CLTV of XXX%
Qualifying DTI below max allowed. - Calculated DTI of % is less than Guideline DTI of XXX%
Original LTV is Below the Guideline Maximum - Calculated LTV of XXX% is less than Guideline LTV of XXX%
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130205

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130205

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130178

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130178

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130178

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Audited Reserves are less than Guideline Required Reserves (Dollar Amount)

Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX. CRSE cites this exception and approval is granted.

Audited Reserves of $XXX are less than Guideline Required Reserves of $XXX. XXX cites this exception and approval is granted.

XXX

2024130202

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130202

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130202

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX

2024130204

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130204

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130204

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130206

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130206

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational Only

XXX

2024130206

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational Only

XXX

2024130190

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Verification of Borrower Liabilities Missing or Incomplete

Missing documentation to verify new monthly lease payment of $XXX to XXX Financial listed on the final 1003.

The XXX lease amount is on the credit report. It is also on the XXX report I just uploaded to the other finding.

XXX

; The XXX Lease payment is shown on the XXX credit provided. Resolved.

XXX

2024130190

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Borrower 1 XXX Credit Report is Missing

Borrower XXX XXX Credit Report is Missing Missing XXX Credit Report dated within XXX days of Note date.

Document Uploaded. Uploaded XXX report.

XXX

Borrower XXX XXX Credit Report is not missing.; Credit Refresh dated XXX received

XXX

2024130190

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational Only

XXX

2024130190

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Property

Property has been listed for sale in the past XXX months

Property listed for sale. Listing removed after application yet guidelines indicate listing must have been removed prior to application. Approved Lender Exception in file indicating accidental listing-on the market < XXX day. LOX from the applicant provided. Listing removed less than XXX day and did not show up to the XXX.

Approved Lender Exception in file indicating accidental listing-on the market < XXX day. XXX from the applicant provided.

XXX

2024130207

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130207

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130207

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

2024130199

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130199

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130199

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Borrower has stable job time - Borrower has XXX years on job.
Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is greater than Guideline minimum FICO of XXX
Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%

2024130192

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

2024130192

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

2024130192

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

2024130002

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Informational only.

XXX

2024130002

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

Informational only.

XXX

2024130002

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Informational only.

XXX

2024130001

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

2024130001

XXX

ATR/QM: Exempt

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

XXX

2024130018

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Compliance

Higher-Priced Mortgage Loan

Higher-Priced Mortgage Loan ( 12 CFR §1026.35(a)(1) )The loan is a higher-priced mortgage loan due to the following findings:The loan has a date creditor received application on or after the effective date of XXX, and either:The loan is secured by a XXX lien with a principal obligation at consummation that does not exceed the limit in effect as of the date the transaction's interest rate is set for the maximum principal obligation eligible for purchase by XXX and the APR exceeds the Average Prime Offer Rate (XXX%) by XXX% or more; orThe loan is secured by a XXX lien with a principal obligation at consummation that exceeds the limit in effect as of the date the transaction's interest rate is set for the maximum principal obligation eligible for purchase by XXX and the APR exceeds the Average Prime Offer Rate (XXX%) by XXX% or more; orThe loan is a subordinate lien and the XXX exceeds the Average Prime Offer Rate (XXX%) by XXX% or more.

Loan is XXX compliant

XXX

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.; Borrower XXX has significant job time - Borrower has XXX years on job; Borrower has more than XXX years at current residence - Borrower at current residence XXX years; Borrower has stable job time - Borrower has XXX years at job.; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2024130018

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

XXX

2024130018

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

No Credit Findings

The loan meets all applicable credit guidelines.

XXX

2024130610

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

The Initial 1003 is Missing

The Initial 1003 is Missing Lender to provide Initial 1003.

Lender provided requested missing Initial 1003 for the file.

XXX

The Initial 1003 is Present; Additional documentation provided; exception resolved.

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130610

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Asset 3 Does Not Meet Guideline Requirements

Asset Record XXX Does Not Meet G/L Requirements Asset Record XXX is for proceeds from the borrower's XXX mortgage against his XXX. Per documents in the file, the borrower was taking out a XXX mortgage w/ the same Lender to cover the cash to close and reserve requirement for the purchase of the subject. Lender to provide XXX from the closing of loan XXX, reflecting the repayment terms and liquid cash received. If borrower is not on the XXX mortgage (since XXX has XXX ownership of the primary), XXX to provide gift letter, and Lender to provide signed exception for XXX% minimum contribution not met.

Lender provided XXX and Note for XXX lien transaction on XXX XXX, XXX, XXX.

XXX

Asset Record XXX Meets G/L Requirements Or Not Applicable; Additional documentation provided; exception resolved.

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130610

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Asset Qualification Does Not Meet Guideline Requirements

Asset Qualification Does Not Meet Guideline Requirements The borrower is buying the XXX home subject w/ XXX, using funds from a XXX mortgage against the primary. The borrower's XXX is the XXX owner of their XXX. Due to the borrower not having any housing history, he must show evidence of a minimum of XXX% contribution. If all of the funds are coming from the XXX gifting the XXX mortgage proceeds, Lender must provide a signed exception for lack of meeting minimum contribution.

Lender provided XXX and Note for XXX lien transaction on XXX XXX , XXX, XXX.

XXX

Additional documentation provided; exception resolved.; Asset Qualification Meets Guideline Requirements

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130610

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Credit

Occupancy Not Allowed

The Borrower has no recent housing history. His last mortgage rating is from XXX. He currently lives with XXX "XXX". The Lender has provided the required "XXX" letter and mortgage history. However, the Alt Doc GLs state that borrowers who do not have a complete XXX-month housing history are subject to all of the following restrictions: XXX only, Greater of XXX months reserves, XXX% minimum borrower contribution, and max XXX% DTI. The subject is a XXX home. Evidence needed allowing for XXX occupancy vs primary.

Lender XXX Eligibility for XXX as an Eligible Transaction resolving exception.

XXX

Additional documentation provided; exception resolved.

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130610

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Acknowledged

XXX

Credit

Delinquent Credit History Does Not Meet Guideline Requirements

Delinquent Credit History Does Not Meet Guideline Requirements The Borrower has an open collection with a balance of $XXX, opened XXX. Lender GLs require this to be paid off. The borrower has provided an LOX stating that he disputed the charge and the creditor took it off the credit report. There is no supporting credit supplement reflecting this removal. Lender to provide evidence this collection is no longer reporting or a signed Exception permitting for the collection to remain open.

Lender provided Exception approval XXX email chain with XXX to allow the collection iao $XXX required by GLs to be paid off to remain open at close with a XXX% payment to be included in the approval DTI calculation.

XXX

Additional documentation provided; exception resolved.

XXX

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130610

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Compliance

No Compliance Findings

The loan is in compliance with all applicable laws and regulations.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.

2024130610

XXX

Non-QM: Lender documented all ATR UW factors

XXX

Cleared

XXX

Property

No Property Findings

Property and valuations related findings were not identified on the loan.

Qualifying DTI below max allowed. - Calculated DTI of XXX% is less than Guideline DTI of XXX%
Borrower has stable job time - Borrower has XXX years on job.