EX-99.8 9 ex99-8.htm CLARIFII RATING AGENCY GRADES DETAIL REPORT

Exhibit 99.8

Loan ID

Seller Loan ID

Investor Loan ID

Overall Initial Loan Grade

Overall Final Loan Grade

Credit Initial Loan Grade

Credit Current/Final Loan Grade

Compliance Initial Loan Grade

Compliance Current/Final Loan Grade

Property Initial Loan Grade

Property Current/Final Loan Grade

Queue

Finding Code

Date Created

Date Modified

Finding Status

Event Level

Initial Finding Grade

Current/Final Finding Grade

Finding Category

Finding Sub Category

Finding Name

Finding Comments

Seller Comments

Resolution Comments

Reviewer Comp Factor

Originator Comp Factors

Finding Documents

Originator QM Status

Final Reviewed QM Status

Loan Amount

Property State

Occupancy

Loan Purpose

Refinance Purpose

Acknowledged / WaivedBy

Waiver in File?

Unique Finding ID

2024130457

XXX

Closed

XXX

Resolved

1 - Information

Credit

QM-ATR

ATR: An ATR/QM Residual Income Analysis was not provided

Resolved-ATR: An ATR/QM Residual Income Analysis was provided or Not Applicable - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Residual income WS - Seller-XXX
Counter-Bank Statement worksheets provided. Please provide the residual income calculation. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Income calc - Seller-XXX
Open-ATR: An ATR/QM Residual Income Analysis was not provided Not included in loan file - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Residual income WS - Seller-XXX
Ready for Review-Document Uploaded. Income calc - Seller-XXX

Resolved-ATR: An ATR/QM Residual Income Analysis was provided or Not Applicable - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - DTI: XXX Max XXX%
Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX

XXX.pdf
XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130457

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower XXX XXX Credit Report is Missing

Resolved-Borrower XXX XXX Credit Report is not missing. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX report - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Missing XXX report within XXX days of closing not found. - Due Diligence Vendor-XXX

Resolved-Borrower XXX Gap Credit Report is not missing. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - DTI: XXX Max XXX%
Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX

XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130457

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

File does not contain LOX for credit inquiries

Resolved-XXX for credit inquiries is present in file or not applicable. - XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX inquiries - Seller-XXX
Open-XXX for credit inquiries is missing. Completed Letter of Explanation for inquiries on credit report not found - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. LOX inquiries - Seller-XXX

Resolved-LOX for credit inquiries is present in file or not applicable. - LOE provided. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - DTI: XXX Max XXX%
Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX

XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130457

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Income/Employment

Income and Employment Do Not Meet Guidelines

Waived-Income and Employment Do Not Meet Guidelines EXCEPTION: XXX used to verify ownership of business; Approved with Loan Level Price Adjustment.
-Client waiver applied to non material finding”

- Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - DTI: XXX Max XXX%
Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX

Non-QM: Lender documented all ATR UW factors

XXX

Investor Post-Close

XXX

2024130518

XXX

Closed

XXX

Resolved

1 - Information

Credit

Insurance

Rent Loss Coverage is Insufficient or Missing

Resolved-Rent Loss Coverage is Sufficient, or Not Applicable. - Due Diligence Vendor-XXX
Resolved-Lender provided proof of rent loss - Due Diligence Vendor-XXX
Open-Rent Loss Coverage is Insufficient or Missing. No rent loss showing on policy provided. Rent Loss insurance for the subject property is required and must equal at least XXX (XXX) months of local average monthly rents. - Due Diligence Vendor-XXX

Resolved-Rent Loss Coverage is Sufficient, or Not Applicable. - Due Diligence Vendor-XXX
Resolved-Lender provided proof of rent loss - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV: XXX% Max XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130518

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 Lease Agreements Missing

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX- Exception request and Approval - Buyer-XXX
Open-Subject unit XXX is vacant with no lease provided, audit used market rent. Per guides borrower must provide current leases. - Due Diligence Vendor-XXX

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

FICO: XXX Min XXX
DSCR >than XXX
Reserves: XXX Min XXX
LTV: XXX Max XXX

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130518

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc - Credit

Business Purpose Affidavit/Disclosure Missing

Resolved-The Business Purpose XXX Disclosure is Present or Not Applicable - XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Business purpose cert - Buyer-XXX
Open-The Business Purpose XXX Disclosure is Missing Missing required Business Purpose XXX/Disclosure/Certification - Due Diligence Vendor-XXX

Resolved-The Business Purpose Affidavit Disclosure is Present or Not Applicable - Affidavit provided. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130461

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2024130288

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Prepayment Penalty Discrepancy

Resolved-Client provide an revised Post Closing CD reflecting No XXX and a Change of Circumstance. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Loan wasn't closed with PPP; only CD reflected it for some reason. XXX w/o XXX uploaded. - Seller-XXX
Open--Missing XXX Addendum to Note and XXX to Mortgage; CD reflects XXX year XXX. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Loan wasn't closed with XXX; only CD reflected it for some reason. XXX w/o XXX uploaded. - Seller-XXX

Resolved-Client provide an revised Post Closing CD reflecting No XXX and a Change of Circumstance. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR: XXX Min .XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX
LTV is less than guideline maximum - LTV: XXX Max XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX & w/cash out XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130288

XXX

Closed

XXX

Resolved

1 - Information

Credit

Title

Property Title Issue

Resolved--Taxes used to qualify higher than verified; finding resolved. - Due Diligence Vendor-XXX
Open-Missing lender worksheet used to calculate $XXX/month property taxes for subject. Tax bill has annual of $XXX @ $XXX/mo - Due Diligence Vendor-XXX
Open-Property Title Issue - Due Diligence Vendor-XXX

Resolved--Taxes used to qualify higher than verified; finding resolved. - Due Diligence Vendor-XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130288

XXX

Closed

XXX

Resolved

1 - Information

Credit

Title

Satisfactory Chain of Title not Provided

Resolved-Satisfactory Chain of Title has been provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. title reflecting XXX month chain- page 6
- Seller-XXX
Open-Unsatisfactory Chain of Title provided. Missing required XXX month chain of title - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. title reflecting XXX month chain- page 6
- Seller-XXX

Resolved-Satisfactory Chain of Title has been provided - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130288

XXX

Closed

XXX

Resolved

1 - Information

Credit

Insurance

Hazard insurance dwelling coverage is not sufficient

Resolved-This condition is resolved or not applicable. - Revised XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX for insurance uploaded
- Seller-XXX
Open-Insufficient Coverage Amount for Insured Subject Property. Missing evidence of sufficient property coverage; replacement cost estimator provided is $XXX with $XXX dwelling coverage per declarations. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. XXX for insurance uploaded
- Seller-XXX

Resolved-This condition is resolved or not applicable. - Revised XXX provided. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130236

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Tax rate provided, exclude the XXX auto payments as they are paid through the business. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Updated 1008 and 1003 - Seller-XXX
Counter-Provide corrected 1003 and 1008 reflecting the auto loans omitted and paid by the business. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. UW response and supporting docs - Buyer-XXX
Open-Audited DTI of XXX% exceeds Guideline DTI of XXX%. This is due to using XXX% of he purchase price on the taxes and adding in the XXX residence - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX
Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% XXX% exceeds program maximum of XXX%. Lender calculation did not include XXX residence expense. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Updated 1008 and 1003 - Seller-XXX

Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Tax rate provided, exclude the XXX auto payments as they are paid through the business. - Due Diligence Vendor-XXX

Credit history exceeds minimum required - Mortgage on departing residence with XXX Months reporting XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130236

XXX

Closed

XXX

Resolved

1 - Information

Credit

QM-ATR

Invalid Final QM Status - ATR/QM: Status Pending

Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Tax rate provided, excluded the XXX auto payments as they are paid through the business. - Due Diligence Vendor-XXX
Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Updated 1008 and 1003 - Seller-XXX
Counter- - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. UW response and supporting docs - Seller-XXX
Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Audited DTI of XXX% exceeds Guideline DTI of XXX% - Due Diligence Vendor-XXX
Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX
Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. DTI exceeds max. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Updated 1008 and 1003 - Seller-XXX
Ready for Review-Document Uploaded. UW response and supporting docs - Seller-XXX

Credit history exceeds minimum required - Mortgage on departing residence with XXX Months reporting XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

Provide corrected 1003 and 1008 reflecting the auto loans omitted and paid by the business.

XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130236

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower 1 XXX Credit Report is not missing. - Due Diligence Vendor-XXX
Resolved-Borrower 1 XXX Credit Report is not missing. - XXX report provided for XXX borrowers. - Due Diligence Vendor-XXX
Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX pull XXX - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Missing Missing required XXX / credit refresh within XXX days of Note date for B1 & B2. Fraud report reviewed for XXX, not monitored. - Due Diligence Vendor-XXX

Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-XXX
Resolved-Borrower 1 Gap Credit Report is not missing. - Gap report provided for both borrowers. - Due Diligence Vendor-XXX

Credit history exceeds minimum required - Mortgage on departing residence with XXX Months reporting XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130236

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Bank Statement Summary/Lender Worksheet is Missing

Resolved-The Borrower 1 Bank Statement Summary/Lender Worksheet is Present or Not Required - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Income calc - Seller-XXX
Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing lender income calculation worksheets for each borrower being qualified with XXX months bank statements. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Income calc - Seller-XXX

Resolved-The Borrower 1 Bank Statement Summary/Lender Worksheet is Present or Not Required - Due Diligence Vendor-XXX

Credit history exceeds minimum required - Mortgage on departing residence with XXX Months reporting XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130236

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 2 Bank Statement Summary/Lender Worksheet is Missing

Resolved-The Borrower 2 Bank Statement Summary/Lender Worksheet is Present or Not Required/Applicable - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Income calc - Buyer-XXX
Open-The Borrower 2 Bank Statement Summary/Lender Worksheet is Missing Missing lender income calculation worksheets for each borrower being qualified with XXX months bank statements. - Due Diligence Vendor-XXX

Resolved-The Borrower 2 Bank Statement Summary/Lender Worksheet is Present or Not Required/Applicable - Due Diligence Vendor-XXX

Credit history exceeds minimum required - Mortgage on departing residence with XXX Months reporting XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130236

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Income/Employment

Income/Employment General

Waived--Client requested waiver; applied to non-material findings. - Due Diligence Vendor-XXX
Counter--Rec'd clarification of transfers, still need Client waiver for not sourcing large deposits from XXX and XXX. - Due Diligence Vendor-XXX
Counter-Document Uploaded. - Due Diligence Vendor-XXX
Counter-Lender exception for large deposit shown on business bank statements provided, please provide the investor approved exception waiver. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting doc - Seller-XXX
Open-B1 business statements shows recurring online banking transfers from another insurance agency, is this transfers between accounts or income. Also need source of large deppsits on XXX XXX and XXX XXX statement. Excluding these deposits results income lower than amount used by lender. Once received additional audit review is required. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Supporting doc - Seller-XXX

Waived--Client requested waiver; applied to non-material findings. - Due Diligence Vendor-XXX

Credit history exceeds minimum required - Mortgage on departing residence with XXX Months reporting XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130399

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Fraud Guard with XXX has been provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Fraud Guard with Settlement XXX/XXX has been provided.
- Seller-XXX
Counter-Client comments - Can you please verify with your management team that the XXX/ XXX is required to the listed on the Fraud Report? Fraud graud was rerun and the agent is not showing up as being a required field. - AUDIT RESPONSE - Yes the guidelines require XXX and Applicable Watchlists for the closing attorney/title agent, XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Uploaded - Seller-XXX
Counter-Fraud report provided, however it did not include the XXX - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Fraud Guard Report attached.
- Buyer-XXX
Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Fraud Guard with Settlement company/Agent has been provided.
- Seller-XXX
Ready for Review-Document Uploaded. LOE Uploaded - Seller-XXX

Resolved-Fraud Guard with Settlement company/Agent has been provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX months reserves exceed minimum required of XXX months.
Qualifying FICO score is at least XXX points above minimum for program - XXX qualifying FICO score is at least XXX points above minimum for program of XXX.

XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130399

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

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

Resolved-Property XXX was deeded to the non-borrowing XXX in XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Verification of taxes, insurance, and/or XXX fees for the property at XXX, XXX, XXX is not required as borrower is not an owner of the property. See attached documentation that was located in the file confirming borrower is no longer an owner of the property since XXX.
- Buyer-XXX
Open-Missing taxes and insurance for property XXX listed as XXX on 1003. - Due Diligence Vendor-XXX

Resolved-Property XXX was deeded to the non-borrowing spouse in XXX. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130399

XXX

Closed

XXX

Resolved

1 - Information

Compliance

Points & Fees

XXX Foreclosure Rescission Finance Charge Test

Resolved-Received Flagstar Bank XXX Disclosure & XXX Calculations. APR fees updated accordingly. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Disagree with the XXX finance charge failure as E-Recording appears to have been included as a XXX fee and should not be included in finance charges please see attached truth and lending disclosure.
- Buyer-XXX
Open-This loan failed the XXX foreclosure rescission finance charge test. ( 12 CFR §1026.23(h) , transferred from 12 CFR §226.23(h) )The finance charge is $XXX. The disclosed finance charge of $XXX is not considered accurate for purposes of rescission because it is understated by more than $XXX. -----Finance charge is understated by $XXX which exceeds threshold of $XXX. Provide evidence of refund or principal reduction for $XXX or, at a minimum, to the $XXX threshold, post-close CD, XXX and evidence of delivery to the borrower within XXX days of discovery. Statute also requires that rescission be re-opened. Provide evidence of same. - Due Diligence Vendor-XXX

Resolved-Received XXX TIL Disclosure & XXX Calculations. APR fees updated accordingly. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130399

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That Cannot Increase Test

Resolved- - Due Diligence Vendor-XXX
Resolved-XXX (XXX%) tolerance fees increased by $XXX (CDA Fee & Transfer Taxes) without a valid XXX in file. Lender credit of $XXX for closing cost above legal limit is on Post Consummation CD. Finding resolved. - Due Diligence Vendor-XXX
Open-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%) tolerance fees increased by $XXX (CDA Fee & Transfer Taxes) without a valid XXX in file. Lender credit of $XXX for closing cost above legal limit is on Post Consummation CD. Finding resolved. - Due Diligence Vendor-XXX

Resolved-XXX (XXX%) tolerance fees increased by $XXX (CDA Fee & Transfer Taxes) without a valid COC in file. Lender credit of $XXX for closing cost above legal limit is on Post Consummation CD. Finding resolved. - Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130513

XXX

Closed

XXX

Resolved

1 - Information

Credit

Insurance

Hazard Insurance Effective Date is after the Note Date

Resolved-Hazard Insurance Effective Date of XXX is prior to or equal to the Note Date of XXX Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Please see attached policy with an effective date of XXX.
- Buyer-XXX
Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX Missing evidence of property insurance effective no later than date of transaction/funding XXX - Due Diligence Vendor-XXX

Resolved-Hazard Insurance Effective Date of XXX is prior to or equal to the Note Date of XXX Or Hazard Insurance Effective Date Is Not Provided - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - DTI: XXX Max XXX%
Months Reserves exceed minimum required - Reserves: XXX Min XXX
Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX
LTV is less than guideline maximum - LTV: XXX Max XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130513

XXX

Closed

XXX

Resolved

1 - Information

Credit

Insurance

Hazard Insurance Expiration Date is before the Note Date

Resolved-Hazard Insurance Expiration Date of XXX is after the Note Date of XXX Or Hazard Insurance Expiration Date Is Not Provided - Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130513

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That In Total Cannot Increase More Than XXX% Test

Resolved-Upon further review, no further documentation is needed or required.
- Due Diligence Vendor-XXX
Counter-Regardless of who ends up paying for the Title Fees and the Recording Fee, they are the borrower's responsibility. The total of the fees tested at XXX% tolerance increased to $XXX on final CD from $XXX on the LE. The amount over tolerance is $XXX. The lender credit of $XXX is not sufficient. If the fees in paid by other column are for the excess charge, then the need to be disclosed in section J with the correct amount for the tolerance overage stated for "Closing costs over legal limit." Please provide an updated XXX and an XXX to borrower. Please note, there is no cure available after XXX days of discovery. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. CD Uploaded - Buyer-XXX
Counter-A creditor may provide a lender credit to resolve an excess charge. 12 CFR §1026.38(h)(3). An excess charge is a charge that exceeds the applicable good-faith tolerance limitations set forth in 12 CFR §1026.19(e)(3). If the creditor opts to resolve the excess charge through a lender credit: (1) the amount of the lender credit is included in the Closing Costs at the bottom of page 1 and in the Lender Credits disclosed in Section J under the Total Closing Costs (Borrower Paid) subheading on page 2; and (2) the creditor must include a statement notifying the consumer that the creditor is paying the amount to offset an excess charge and that the amount is included as part of Lender Credits. Provide an updated XXX to reflect lender credits for closing costs above legal limit in correct section. Finding remains. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. The CD dated XXX is the initial CD. The addition and increase of the fees in question do not require a XXX since they fall into the XXX% tolerance calculation.
The cure for the amount exceeding the XXX% is listed in on Page 2, Sec J
The broker ended up covering the final cure amount (except for $XXX) and the final CD reflects that with the fee in the {Paid by Other column. - Buyer-XXX
Counter-The Loan Calculation section is not the issue. The XXX% tolerance fees increased without a valid XXX in file on CD XXX. The Title-Examination fee, Title-Settlement fee and Title-E-Docs fee in section B increased or were added. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. attached dispute and final CD signed - Buyer-XXX
Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($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 (XXX%) tolerance fees for $XXX Recording Service, $XXX XXX & $XXX Settlement or Closing Cost fees increased by $XXX without a valid XXX in file. Lender credit of $XXX issued on CD XXX for increase in closing costs above legal limit. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Statue of Limitations XXX years. Expiration date XXX. Additional findings may apply upon receipt.
- Due Diligence Vendor-XXX

Resolved-Upon further review, no further documentation is needed or required.
- Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130248

XXX

Closed

XXX

Resolved

1 - Information

Credit

Title

Property Title Issue

Resolved-Property Title Issue Resolved - LLC Agreement provided. No relationship. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Property Title Issue -Provide LLC documentation for Seller - Current title holder "XXX." supporting Arms length transaction. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Property Title Issue Resolved - XXX Agreement provided. No relationship. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX is at least XXX points above minimum for program XXX.
Months Reserves exceed minimum required - Months Reserves XXX exceed minimum required XXX.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130248

XXX

Closed

XXX

Resolved

1 - Information

Credit

Insurance

Hazard Insurance Effective Date is after the Note Date

Resolved-Agent was not able to change the effective date, however they confirmed no loss during XXX to XXX - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-*New - Hazard Insurance Effective Date of XXX is after the Note Date of XXX/Disbursement date XXX - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Agent was not able to change the effective date, however they confirmed no loss during XXX to XXX - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130248

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Missing

Resolved-XXX is fully present - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing XXX Provide complete insurance binder. File contain 2407002889. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130248

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report Partially Provided

Resolved-Third Party Fraud Report is fully present - Documentation to support the alerts provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Dear Investor,

The properties {XXX,XXX, XXX} and {XXX,XXX, XXX} are not belong to the borrower, kindly see attached support documents for your reference. - Seller-XXX
Open-Third Party Fraud Report Partially Provided Fraud report reflects alerts cleared- Borrower(s) may have a prior history of foreclosure activity but missing documentation to support alert cleared. Additional findings may apply as XXX require LTV reduction for XXX within XXX months.
- Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Dear Investor,

The properties {XXX} and {XXX} are not belong to the borrower, kindly see attached support documents for your reference. - Seller-XXX

Resolved-Third Party Fraud Report is fully present - Documentation to support the alerts provided. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130248

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Loan does not conform to program guidelines

Resolved-Documentation to support not the borrowers XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Dear Investor,

The properties {XXX,XXX,XXX} and {XXX,XXX, XXX} are not belong to the borrower, kindly see attached support documents for your reference. - Seller-XXX
Open-Fraud report reflects XXX date XXX and XXX <XXX months , does not meet guideline. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Dear Investor,

The properties {XXX} and {XXX} are not belong to the borrower, kindly see attached support documents for your reference. - Seller-XXX

Resolved-Documentation to support not the borrowers XXX provided. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130224

XXX

ATR/QM: Exempt

XXX

2024130233

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Legal document incorrect or has issues

Resolved-Articles of Incorporation and bylaws provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Counter-XXX of XXX Certificate of Incorporation provided.  Please  Please provide the Articles of Incorporation and by laws. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Counter-LLC Agreement provided.  Please provide the Articles of Incorporation and by laws. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Counter-Appraisal provided, however we are missing Articles of Incorporation and bylaws.  Finding remains. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Please see attachments for your reference.
For 5105(H)condition:  Appraisal report has shown the property is made 'as-is', which means not vacant land any more. - Seller-XXX
Open-Per guideline require Articles of Incorporation and bylaws. File contain LLC agreement and cert of status. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded.  - Seller-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Ready for Review-Document Uploaded. Please see attachments for your reference.
For 5105(H)condition:  Appraisal report has shown the property is made 'as-is', which means not vacant land any more. - Seller-XXX

Resolved-Articles of Incorporation and bylaws provided. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV is less XXX% than guideline maximum XXX%
Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX is at least XXX points above minimum for program XXX.

XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130233

XXX

Closed

XXX

Resolved

1 - Information

Credit

Title

Property Title Issue

Resolved-Property Title Issue Resolved - LLC XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Property Title Issue -Provide LLC documentation for Seller - Current title holder XXX supporting Arms length transaction. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Property Title Issue Resolved - XXX Affidavit provided. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130233

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report Partially Provided

Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Please see attachments for your reference.
For 5105(H)condition: Appraisal report has shown the property is made 'as-is', which means not XXX land any more. - Seller-XXX
Open-Third Party Fraud Report Partially Provided Provide documentation to support used to clear high alerts on the fraud report including XXX and XXX issue. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Please see attachments for your reference.
For 5105(H)condition: Appraisal report has shown the property is made 'as-is', which means not vacant land any more. - Seller-XXX

Resolved-Third Party Fraud Report is fully present - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130262

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Audited LTV Exceeds Guideline LTV

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Counter-Document will not open.  Please re-upload. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% Living rent free for past XXX months, max XXX% for purchase. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX
Ready for Review-Document Uploaded. - Seller-XXX

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Over $XXX residual income.
Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX

XXX FICO > XXX minimum required

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

Originator Post-Close

Yes

XXX

2024130262

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Discrepancy between XXX Questionnaire and Appraisal

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX
Open-Discrepancy between XXX Questionnaire and Appraisal.
Appraisal reflects XXX total number of units and XXX questionnaire reflects XXX number of units. - Due Diligence Vendor-XXX

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Originator Post-Close

XXX

2024130255

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Evidence of Property Tax Missing

Resolved-Evidence of Property Tax provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Counter-Tax cert provided, however $XXX monthly tax was used for qualification. Please provide documentation to support $XXX monthly tax calculation. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Counter-Tax cert provided, however we are missing the tax calculation used for qualification. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Open-Missing Evidence of Property Tax Missing tax search or tax certification from local tax authority(ies) showing total taxes without exemptions not to exceed $XXX annually. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded.  - Seller-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Ready for Review-Document Uploaded.  - Seller-XXX

Resolved-Evidence of Property Tax provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Qualifying reserves XXX months; minimum required XXX months
Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX; minimum required XXX

XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130255

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Purchase Contract Issue

Resolved-Purchase Contract is not partially provided. - Signed contract provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Counter-Income calculation provided. Please provide the signed Purchase Contract. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Seller and Listing Brokerage have not executed the contract or contract addendums. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX
Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Purchase Contract is not partially provided. - Signed contract provided. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130255

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Third Party Fraud Report Missing Fraud Report, exclusionary list check and Background Check as required per Section 5.1 - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130255

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Bank Statement Summary/Lender Worksheet is Missing

Resolved-The Borrower 1 Bank Statement Summary/Lender Worksheet is Present or Not Required - Worksheet provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-The Borrower 1 Bank Statement Summary/Lender Worksheet is Missing Missing income worksheet. Required per Section 8.1.1. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-The Borrower 1 Bank Statement Summary/Lender Worksheet is Present or Not Required - Worksheet provided. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130255

XXX

Closed

XXX

Resolved

1 - Information

Property

XXX declared INDIVIDUAL

Resolved-Appraiser with comments regarding no No Damage. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-XXX Assistance declared; no comments from either appraiser for XXX, XXX, XXX, and XXX (XXX) Incident Period: XXX - XXX - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Appraiser with comments regarding no No Damage. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130255

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Final CD reflects Debt payoff. - Due Diligence Vendor-XXX
Ready for Review-Could you please advise how you calculate the DTI? Auto loan was paid off at closing. DTI should below XXX% - Seller-XXX
Open-Audited DTI of XXX% exceeds Guideline DTI of XXX% Originator final 1003 shows debt to be paid in full prior to or at closing. Final CD does not reflect payoff and loan is missing supporting documentation to exclude the payment. - Due Diligence Vendor-XXX

Ready for Review-Could you please advise how you calculate the DTI? Auto loan was paid off at closing. DTI should below XXX% - Seller-XXX

Resolved-Audited DTI of XXX% is less than or equal to Guideline DTI of XXX% - Final CD reflects Debt payoff. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130245

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Third Party Fraud Report Missing 3rd party fraud report for borrower per section 5.1 of guidelines. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Verified assets of XXX months reserves exceed the minimum required of XXX months
Qualifying FICO score is at least XXX points above minimum for program - FICO score of XXX is higher than the minimum required score of XXX
DSCR % greater than XXX - Calculated DSCR of XXX.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130240

XXX

Closed

XXX

Resolved

1 - Information

Credit

Insurance

Hazard Insurance Effective Date is after the Note Date

Resolved-PCCD provided. Disbursement date is XXX - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Final CD with disbursement date XXX - Buyer-XXX
Open-Hazard Insurance Effective Date of XXX is after the Note Date of XXX and disbursement date of XXX. - Due Diligence Vendor-XXX

Resolved-XXX provided. Disbursement date is XXX - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX months reserves; Minimum XXX months
Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX / Min XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130649

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Calculated DSCR does not meet the Minimum DSCR allowed

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. exception approval - Buyer-XXX
Counter-Exception approval was not attached.  Please re-upload. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX
Ready for Review-Per the XXX first time investors have a minimum of XXX DSCR  requirement. Provide an Lender Exception Approval to allow <than XXX as a XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Loan was locked with XXX at XXX and the DCSR matrix allows this with a max LTV to XXX%. The loan has LTV of XXX%. There should not be a waiver required. - Buyer-XXX
Open-The Calculated DSCR of 'XXX' is less than the minimum DSCR per lender guidelines of 'XXX'. Originator Exception in file to allow DSCR less than XXX for XXX   (property owned less than XXX year).   Pending client waiver - Due Diligence Vendor-XXX

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX
Months Reserves exceed minimum required - Guidelines require XXX months of reserves. B1 reserves are XXX months.

XXX% LTV
XXX FICO

XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130253

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX; minimum required XXX
Months Reserves exceed minimum required - Qualifying reserves XXX months; minimum XXX months
LTV is less than guideline maximum - Qualifying LTV XXX%; max XXX%

Missing third-party fraud detection report for all borrowers and evidence all material parties were run through required Exclusionary Lists.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130253

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Purchase Contract Issue

Waived-Originator waiver applied to non material finding with comp factors
- Due Diligence Vendor-XXX
Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Missing Change Order Addendum/Amendment or Option Summary and evidence seller signor is authorized. - Due Diligence Vendor-XXX

Waived-Originator waiver applied to non material finding with comp factors
- Due Diligence Vendor-XXX

ATR/QM: Exempt

XXX

Originator Post-Close

XXX

2024130259

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited FICO is less than Guideline FICO

Resolved-Audited FICO of  is greater than or equal to Guideline FICO of XXX - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Open-Audited FICO of  is less than Guideline FICO of XXX Missing credit report - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Audited FICO of is greater than or equal to Guideline FICO of XXX - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX mos reserves; XXX mos reserves required
LTV is less than guideline maximum - XXX% LTV below max allowed of XXX%

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130259

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Credit Report is Missing

Resolved-Borrower 1 Credit Report is not missing. - - Reviewed to XXX guidelines - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Borrower 1 Credit Report is Missing. Borrower XXX Credit Report is Missing - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Borrower XXX Credit Report is not missing. - - Reviewed to XXX guidelines - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX mos reserves; XXX mos reserves required
LTV is less than guideline maximum - XXX% LTV below max allowed of XXX%

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130302

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR Calculation Uploaded - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. Missing lender's DSCR Calculation Worksheet or 1008 showing calculation, 1008 only reflects a lease amount. - Due Diligence Vendor-XXX

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX
DSCR % greater than XXX - DSCR: XXX%
LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130228

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) MIssing assets documents to cover required reserves. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX; Guideline FICO XXX

LTV is less than guideline maximum - Qualifying LTV XXX%; Guideline LTV XXX%

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130228

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Third Party Fraud Report -Third Party Fraud Report Missing - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX; Guideline FICO XXX

LTV is less than guideline maximum - Qualifying LTV XXX%; Guideline LTV XXX%

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130220

XXX

ATR/QM: Exempt

XXX

2024130474

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Audited Loan Amount is less than Guideline Minimum Loan Amount

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. loan amount exception in bottom right corner enclosed - Seller-XXX
Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXX Per guides - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. loan amount exception in bottom right corner enclosed - Seller-XXX

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score of XXX is at least XXX points above minimum for program of XXX.

XXX FICO > XXX minimum required
XXX months reserves > XXX months minimum required.

XXX.pdf

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130474

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Subject property was listed for sale within a time period not allowed by guidelines

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX exception and XXX exception email enclosed - Seller-XXX
Open-Subject property was listed for sale within a time period not allowed per guidelines Subject listed < XXX month prior to application. Missing originator exception, doc provided is an exception not from the originator. (From XXX) - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. XXX exception and XXX exception email enclosed - Seller-XXX

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX

FICO XXX points or more above requirement.
Reserves XXX+ months more than requirement.

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

Originator Post-Close

XXX

2024130474

XXX

Closed

XXX

Resolved

1 - Information

Credit

Insurance

Rent Loss Coverage is Insufficient or Missing

Resolved-Rent Loss Coverage is Sufficient, or Not Applicable. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. see coverage D enclosed - Seller-XXX
Open-Rent Loss Coverage is Insufficient or Missing. Rent Loss Coverage not included on XXX, requires XXX months PITIA - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. see coverage D enclosed - Seller-XXX

Resolved-Rent Loss Coverage is Sufficient, or Not Applicable. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130474

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Income/Employment

Income documentation does not meet guidelines

Waived-Originator exception granted, waiver applied with comp factors.
- Due Diligence Vendor-XXX
Open-XXX months receipt of rent not provided on subject property. - Due Diligence Vendor-XXX

Waived-Originator exception granted, waiver applied with comp factors.
- Due Diligence Vendor-XXX

FICO XXX points or more above requirement.
Reserves XXX+ months more than requirement.

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130474

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Missing Doc

Missing attorney opinion letter/trust review documentation

Waived-Originator exception granted, waiver applied with comp factors.
- Due Diligence Vendor-XXX
Open-Missing for XXX - Due Diligence Vendor-XXX

Waived-Originator exception granted, waiver applied with comp factors.
- Due Diligence Vendor-XXX

FICO XXX points or more above requirement.
Reserves XXX+ months more than requirement.

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130468

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Audited Loan Amount is less than Guideline Minimum Loan Amount

Waived-Originator exception granted, waiver applied with compactors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. loan amount exception... please see bottom right corner enclosed - Seller-XXX
Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXX
There is no Exception in file. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. loan amount exception... please see bottom right corner enclosed - Seller-XXX

Waived-Originator exception granted, waiver applied with compactors - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV is XXX% and max allowed is XXX%
Months Reserves exceed minimum required - Borrower has XXX months of reserves and only needs XXX months to qualify.
Qualifying FICO score is at least XXX points above minimum for program - Score is XXX and minimum allowed is XXX.

XXX% LTV < XXX% maximum allowed
XXX FICO > XXX minimum allowed.

XXX.pdf

ATR/QM: Exempt

XXX

Originator Post-Close

XXX

2024130270

XXX

ATR/QM: Exempt

XXX

2024130319

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Missing VOM or VOR

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing. LOE provided that borrower lives XXX . - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. VOR letter of explanation
- Buyer-XXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing evidence borrower lives XXX at current address reflected on 1003. - Due Diligence Vendor-XXX

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing. LOE provided that borrower lives rent free. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX months in reserves; XXX months required.
Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX / Min XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130319

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document is fully Present with correct coverage. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Title Commitment and Title XXX Uploaded
- Buyer-XXX
Open-Title Document is missing Missing title report and chain io title - Due Diligence Vendor-XXX

Resolved-Title Document is fully Present with correct coverage. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130314

XXX

ATR/QM: Exempt

XXX

2024130523

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower 1 XXX Credit Report is not missing. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX & Credit Report invoice to support the inquiry disclosed on the XXX - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit - Due Diligence Vendor-XXX

Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX months of reserves / XXX months required.
Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX / Minimum XXX

XXX.pdf
XXX.pdf

QM: Safe Harbor Verified (V SH)

XXX

N/A

XXX

2024130523

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing Doc

Secondary Valuation or Additional Valuation has not been entered per securitization requirements

Resolved-Desk review supporting the appraised value provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX attached
- Buyer-XXX
Open-Missing Secondary valuation desk review - Due Diligence Vendor-XXX

Resolved-Desk review supporting the appraised value provided. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor Verified (V SH)

XXX

N/A

XXX

2024130523

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

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

Resolved-Documentation provided to support income from property C is from XXX Income. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. -XXX cert confirming the property referenced on Sch E line C is not XXX owned by the XXX and is for XXX payments XXX which is located at the address referenced on line C
-Copy of webpage for XXX confirming their address - Buyer-XXX
Open-Missing evidence of PITI or evidence sold for additional property listed on XXX returns Property #XXX - Due Diligence Vendor-XXX

Resolved-Documentation provided to support income from property XXX is from XXX Income. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor Verified (V SH)

XXX

N/A

XXX

2024130625

XXX

ATR/QM: Exempt

XXX

2024130645

XXX

Closed

XXX

Resolved

1 - Information

Credit

Insurance

Flood Insurance Minimum Coverage Not Met

Resolved-Flood Insurance Minimum Coverage Amount is met - Due Diligence Vendor-XXX
Resolved-Flood Insurance Minimum Coverage Amount is met. XXX has been provided. - Due Diligence Vendor-XXX
Open-Flood Insurance Coverage Amount does not meet minimum required coverage amount - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX is XXX > XXX is XXX > acceptable per G/L to be "lesser" of XXX, loan amount or XXX... which XXX amount is covered and condition not applicable. XXX! - Seller-XXX
Open-Flood Insurance Coverage Amount does not meet minimum required coverage amount Does not cover full $XXX coverage required. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. XXX is XXX > flood dwell is XXX > acceptable per G/L to be "lesser" of XXX, loan amount or XXX... which XXX amount is covered and condition not applicable. Thanks! - Seller-XXX

Resolved-Flood Insurance Minimum Coverage Amount is met - Due Diligence Vendor-XXX
Resolved-Flood Insurance Minimum Coverage Amount is met. XXX has been provided. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - XXX% < XXX% allowed
Months Reserves exceed minimum required - Borrower has XXX months reserves / XXX months required

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130645

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 W2/1099 Missing

Resolved-Borrower 1 XXX Provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX XXX
- Buyer-XXX
Open-Borrower 1 XXX Missing Missing XXX XXX form, only XXX provided. - Due Diligence Vendor-XXX

Resolved-Borrower 1 XXX Provided - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - XXX% < XXX% allowed
Months Reserves exceed minimum required - Borrower has XXX months reserves / XXX months required

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130645

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Approval/Underwriting Summary Not Provided (XXX)

Resolved-Approval/Underwriting Summary provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX - Seller-XXX
Open-Missing Approval/Underwriting Summary Missing 1008 - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. f1008 - Seller-XXX

Resolved-Approval/Underwriting Summary provided - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - XXX% < XXX% allowed
Months Reserves exceed minimum required - Borrower has XXX months reserves / XXX months required

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130234

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Third Party Fraud Report Missing fraud report for borrower. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Verified assets of XXX months reserves exceed the minimum required of XXX months
On time mortgage history exceeds guideline requirement - Credit report reports on time mortgage history for last XXX months

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130234

XXX

Closed

XXX

Waived

2 - Non-Material

Property

XXX declared XXX ONLY

Waived-Originator waiver applied to non material finding. - Due Diligence Vendor-XXX
Open-XXX (XXX)
Incident Period: XXX , XXX and continuing
Emergency Declaration declared on XXX , XXX XXX ONLY - Due Diligence Vendor-XXX

Waived-Originator waiver applied to non material finding. - Due Diligence Vendor-XXX

ATR/QM: Exempt

XXX

Originator Post-Close

XXX

2024130258

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Counter-Document will not open.  Please re-upload. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Open-Missing Third Party Fraud Report Missing fraud report for borrower. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX
Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130258

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Missing

Resolved-XXX is fully present - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Counter-Document will not open.  Please re-upload - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Open-Missing XXX Missing HOI for subject property. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX
Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130246

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130260

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Third Party Fraud Report All loans must include a third-party fraud detection report for all borrowers. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months.
Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program is XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130292

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Loan does not conform to program guidelines

Ready for Review-Document Uploaded. Exception request and approval - Seller-XXX

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX
Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months.

XXX Qualifying FICO score is at least XXX points above minimum for program of XXX
XXX Months Reserves exceed minimum required of XXX months.

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130292

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Client provided lease and also per email, Waiving the guideline requirement for VOR as they are accepting the payment ledger as sufficient evidence of payment history.
-Waiver applied to non-material finding with compensating factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Signed lease - Seller-XXX
Counter-VOR payment history ledger from property management company has been provided on pages 513 and 514 . Missing VOR . - Due Diligence Vendor-XXX
Ready for Review-VOR payment history ledge from property management company is located on pages 513 and 514 of loan file delivered. Seller is working to obtain VOR form from management company. - Buyer-XXX
Open-Housing History Does Not Meet Guideline Requirements Missing XXX month VOR on XXX, audit used amount stated on 1003 - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Signed lease - Seller-XXX

Waived-Client provided lease and also per email, Waiving the guideline requirement for XXX as they are accepting the payment ledger as sufficient evidence of payment history.
-Waiver applied to non-material finding with compensating factors - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130292

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc - Credit

Business Purpose Affidavit/Disclosure Missing

Resolved--Per client clarification, XXX no longer require on purchase or rate term refinance as long occupancy cert/docs support investment property. - Due Diligence Vendor-XXX
Ready for Review-Income Qualifying Investment Purchase = Business Purpose XXX would be N/A. Occupancy XXX in compliance file pg 134 - Seller-XXX
Open-The Business Purpose XXX Disclosure is Missing - Due Diligence Vendor-XXX

Ready for Review-Income Qualifying Investment Purchase = Business Purpose Affidavit would be N/A. Occupancy affidavit in compliance file pg 134 - Seller-XXX

Resolved--Per client clarification, affidavit no longer require on purchase or rate term refinance as long occupancy cert/docs support investment property. - Due Diligence Vendor-XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130292

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing documentation of warrantability

Resolved-UW Attestation provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. See 1008 addendum for UW comments on warrantability - Seller-XXX
Open-Missing documentation of warrantability. Missing lender/UW attestation for warrantability. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. See 1008 addendum for UW comments on warrantability - Seller-XXX

Resolved-UW Attestation provided. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130292

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Insurance

Hazard insurance dwelling coverage is not sufficient

Waived-Client waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Request form and approval - Buyer-XXX
Open-XXX deductible insurance does not meet XXX requirements. Exception scenario in file however file is missing proof of exception being approved, finding remains. - Due Diligence Vendor-XXX

Waived-Client waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX

XXX FICO > XXX minimum required
XXX months reserves > XXX months minimum required.

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130252

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Borrower Rental Experience Insufficient per Guidelines (DSCR)

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) XXX is ineligible for DSCR per product matrix. No primary housing history, lives XXX; no mortgage history on credit report. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV: XXX% Max XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX% LTV < XXX% maximum allowed
XXX FICO > XXX minimum required.

XXX.pdf

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130252

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Third Party Fraud Report Missing required third party fraud report - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130222

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Third Party Fraud Report Provide the Third Party Fraud report - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX% is lower than maximum XXX%
Qualifying FICO score is at least XXX points above minimum for program - Mid FICO XXX is higher than the required XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130238

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2024130626

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That Cannot Increase Test

Resolved-XXX received. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Account History - Buyer-XXX
Open-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%) tolerance fees increased by $XXX (Underwriting Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations - XXX years, expiration date XXX.
- Due Diligence Vendor-XXX

Resolved-XXX received. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
Residual Income =/> XXX times $XXX monthly residual income - Residual Income =/> XXX times $XXX monthly residual income at $XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130626

XXX

Closed

XXX

Resolved

1 - Information

Credit

QM-ATR

Invalid Final QM Status - ATR/QM: Status Pending

Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX
Ready for Review-XXX docs uploaded today for review with other XXX condition - Buyer-XXX
Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Unable to confirm DTI and debts due to: XXX #XXX missing taxes and/or XXX XXX #XXX missing taxes and/or XXX XXX #XXX missing taxes and/or XXX XXX #XXX missing taxes and/or XXX XXX #XXX missing taxes and/or XXX XXX #XXX missing taxes and/or XXX - Due Diligence Vendor-XXX

Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130626

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

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

Resolved-Taxes and Insurance provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX docs - Buyer-XXX
Open-XXX #XXX missing taxes and/or XXX
XXX #XXX missing taxes and/or XXX
XXX #XXX missing taxes and/or XXX
XXX #XXX missing taxes and/or XXX
XXX #XXX missing taxes and/or XXX
XXX #XXX missing taxes and/or XXX

- Due Diligence Vendor-XXX

Resolved-Taxes and Insurance provided. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130254

XXX

ATR/QM: Exempt

XXX

2024130256

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Counter-Copies of Checks provided.  Please provide documentation to support these checks have been cancelled as required by the guidelines. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Open-Housing History Does Not Meet Guideline Requirements VOR must be supported with XXX months cancelled checks as landlord is XXX.   - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX
Ready for Review-Document Uploaded. - Seller-XXX

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX

LTV is less than guideline maximum - XXX
Qualifying FICO score is at least XXX points above minimum for program - XXX

XXX% LTV < XXX% maximum allowed
XXX FICO > XXX minimum required.

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

Originator Post-Close

XXX

2024130256

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Third Party Fraud Report. Missing XXX on all XXX. Additional conditions may apply. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

LTV is less than guideline maximum - XXX
Qualifying FICO score is at least XXX points above minimum for program - XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130221

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.
Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130257

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130480

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Audited Loan Amount is less than Guideline Minimum Loan Amount

Waived-Originator exception granted, waiver applied with compactors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXX Loan amount is below minimum.
- Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Waived-Originator exception granted, waiver applied with compactors - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Months Reserves XXX exceed minimum required XXX.
Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO score XXX is at least XXX points above minimum for program XXX.

XXX FICO > XXX minimum required
XXX months reserves > XXX months minimum required.

XXX.PDF

ATR/QM: Exempt

XXX

Originator Post-Close

XXX

2024130480

XXX

Closed

XXX

Waived

2 - Non-Material

Property

XXX declared XXX ONLY

Waived-Originator waiver applied to non material finding. - Due Diligence Vendor-XXX
Open-XXX disaster XXX XXX dated XXX - XXX assistance is reporting within XXX days of prior to close date, missing a cert from the appraiser on the adverse event and that there was no change in the valuation. - Due Diligence Vendor-XXX

Waived-Originator waiver applied to non material finding. - Due Diligence Vendor-XXX

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130482

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Loan does not conform to program guidelines

Resolved--Delinquent taxes paid at closing acceptable as rate term refinance since new loan was setup with XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. please see enclosed explanation for taxes paid - Seller-XXX
Open-Per 1008 Rate Term refinance, however, property taxes are delinquent over XXX months (due XXX), Settlement statement is missing page 3 but appears they were paid at closing. If paid at closing-not eligible for rate term and also will not meet Cash Out requirements due to loan seasoning of less than XXX months since application date. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. please see enclosed explanation for taxes paid - Seller-XXX

Resolved--Delinquent taxes paid at closing acceptable as rate term refinance since new loan was setup with XXX. - Due Diligence Vendor-XXX

Long term residence - XXX month verification of rent received-exceeds XXX month required.
CLTV is less than guidelines maximum - XXX% LTV is below max of XXX%.

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130482

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Final CD: Settlement Agent is missing

Resolved-XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Settlement stmt - Seller-XXX
Open-Final Settlement Statement missing. 1. Payoff of lien 2. Payment of delinquent re taxes. Additional conditions may apply. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Settlement stmt - Seller-XXX

Resolved-XXX provided. - Due Diligence Vendor-XXX

Long term residence - XXX month verification of rent received-exceeds XXX month required.
CLTV is less than guidelines maximum - XXX% LTV is below max of XXX%.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130482

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Borrower

Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete

Waived-Originator exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Verification of rent with private party must be supported with XXX months cancelled checks/proof of payment. Client exception in file. - Due Diligence Vendor-XXX

Waived-Originator exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

Long term residence - XXX month verification of rent received-exceeds XXX month required.
CLTV is less than guidelines maximum - XXX% LTV is below max of XXX%.

LTV
FICO

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130482

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Missing Doc

Approval/Underwriting Summary Partially Provided

Waived-Originator waiver applied to non material finding. - Due Diligence Vendor-XXX
Open-Approval/Underwriting Summary Partially Provided Incomplete approval and underwriting summary received, 1008 amount does not match Note. - Due Diligence Vendor-XXX

Waived-Originator waiver applied to non material finding. - Due Diligence Vendor-XXX

Long term residence - XXX month verification of rent received-exceeds XXX month required.
CLTV is less than guidelines maximum - XXX% LTV is below max of XXX%.

ATR/QM: Exempt

XXX

Originator Post-Close

XXX

2024130413

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited FICO is less than Guideline FICO

Resolved-Min FICO XXX requirement met; re-reviewed to Client provided XXX. - Due Diligence Vendor-XXX
Open-Audited FICO of XXX is less than Guideline FICO of XXX - Due Diligence Vendor-XXX

Resolved-Min FICO XXX requirement met; re-reviewed to Client provided matrix. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV of XXX% is less than guideline maximum of XXX%
Months Reserves exceed minimum required - XXX months > XXX months

ATR/QM: Exempt

XXX

N/A

XXX

2024130413

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Missing VOM or VOR

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. VOR for primary residence not provided. - Due Diligence Vendor-XXX

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV of XXX% is less than guideline maximum of XXX%
Months Reserves exceed minimum required - XXX months > XXX months

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130413

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation was located. and cleared. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR Calculation - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-DSCR Calculation was located. and cleared. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV of XXX% is less than guideline maximum of XXX%
Months Reserves exceed minimum required - XXX months > XXX months

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130506

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Individual Property DSCR is less than Guideline minimum

Resolved--DSCR is above XXX. - Due Diligence Vendor-XXX
Open-Lender Exception: "an exception has been added due to the DSCR decreasing
below XXX. Homebridge requires a minimum DSCR of XXX on Interest Only loans." (however, DSCR calc is above XXX) - Due Diligence Vendor-XXX

Resolved--DSCR is above XXX. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX
Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)

ATR/QM: Exempt

XXX

N/A

XXX

2024130423

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Credit Report is Missing

Resolved-Borrower 1 Credit Report is not missing. - Payment history and lease provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Credit Report - Buyer-XXX
Open-Borrower 1 Credit Report is Missing. - Due Diligence Vendor-XXX

Resolved-Borrower 1 Credit Report is not missing. - Payment history and lease provided. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX%; max XXX%.
DSCR =/> XXX and minimum is XXX or Less - DSCR XXX is above the minimum required DSCR of XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130423

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX
Open-Housing History Does Not Meet Guideline Requirements - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX
Open-Housing History Does Not Meet Guideline Requirements -Missing primary housing payment history and XXX lease for prior primary; lease in file started XXX.
- Due Diligence Vendor-XXX

Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX%; max XXX%.
DSCR =/> XXX and minimum is XXX or Less - DSCR XXX is above the minimum required DSCR of XXX

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130423

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited FICO is less than Guideline FICO

Resolved-Audited FICO of XXX is greater than or equal to Guideline FICO of XXX - Due Diligence Vendor-XXX
Counter-Received credit report with score of XXX ,which is below the allowed minimum score of XXX. Provide an exception for score. - Due Diligence Vendor-XXX
Ready for Review-Credit report uploaded today for review with missing credit report condition - Buyer-XXX
Open-Audited FICO of XXX is less than Guideline FICO of XXX Credit report outstanding-fico is from approval - Due Diligence Vendor-XXX

Resolved-Audited FICO of XXX is greater than or equal to Guideline FICO of XXX - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX%; max XXX%.
DSCR =/> XXX and minimum is XXX or Less - DSCR XXX is above the minimum required DSCR of XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130227

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Resolved-Borrower 1 XXX Credit Report provided - XXX report provided for both borrowers. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Borrower 1 XXX Credit Report is Missing Missing XXX/XXX report for B1 & B2 dated within XXX days of Note date. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Borrower 1 Gap Credit Report provided - Gap report provided for both borrowers. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV is XXX%, max rate term refinance LTV XXX%
Qualifying FICO score is at least XXX points above minimum for program - Qualifying score XXX; minimum XXX

XXX.PDF

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130317

XXX

Closed

XXX

Resolved

1 - Information

Compliance

Missing Doc

The Note is Missing

Resolved-Received the Note. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Executed Note - Seller-XXX
Open-The Note is Missing Missing Note. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Executed Note - Seller-XXX

Resolved-Received the Note. - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual income of $XXX; $XXX required
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130317

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

The Deed of Trust is Missing

Resolved-The Deed of Trust is Present and executed. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Executed DOT - Buyer-XXX
Open-The Deed of Trust is Missing - Due Diligence Vendor-XXX

Resolved-The Deed of Trust is Present and executed. - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual income of $XXX; $XXX required
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130317

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Approval/Underwriting Summary Not Provided (XXX)

Resolved-Approval/Underwriting Summary is fully present. 1008 has been provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Final 1008 - Buyer-XXX
Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-XXX

Resolved-Approval/Underwriting Summary is fully present. 1008 has been provided. - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual income of $XXX; $XXX required
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130317

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing Doc

Appraisal is Missing

Resolved-Appraisal is Present or is Waived. Appraisal has been provided and supports value. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. APPRAISAL REPORT - Seller-XXX
Open-Appraisal is Missing - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. APPRAISAL REPORT - Seller-XXX

Resolved-Appraisal is Present or is Waived. Appraisal has been provided and supports value. - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual income of $XXX; $XXX required
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130317

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing Doc

Secondary Valuation or Additional Valuation has not been entered per securitization requirements

Resolved-CDA Desk review, XXX Reports have been provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX
XXX-XXX- XXX SCORE
XXX-XXX - XXX SCORE
- Buyer-XXX
Open-Secondary Valuation not provided. - Due Diligence Vendor-XXX

Resolved-CDA Desk review, XXX Reports have been provided. - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual income of $XXX; $XXX required
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

XXX.PDF
XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130317

XXX

Closed

XXX

Resolved

1 - Information

Credit

Closing

Security Instrument Date is greater than current date

Resolved-Validation Resolved - Due Diligence Vendor-XXX
Open-Security Instrument Date is greater than the transaction date of XXX - Due Diligence Vendor-XXX

Resolved-Validation Resolved - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual income of $XXX; $XXX required
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

ATR/QM: Exempt

XXX

N/A

XXX

2024130317

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Guaranty Agreement Missing

Resolved-The Guaranty Agreement Doc is Present and executed. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Executed Guaranty Agreement and correct executed DOT (for DOT condition) - Buyer-XXX
Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Missing'. - Due Diligence Vendor-XXX

Resolved-The Guaranty Agreement Doc is Present and executed. - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual income of $XXX; $XXX required
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130317

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 3rd Party VOE Prior to Close Missing

Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided. Agent XXX Summary has been provide with an end date of XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. WRITTEN VOE - Seller-XXX
Open-Borrower 1 3rd Party VOE Prior to Close Missing Verification of Employment from the current contract employer covering the most recent XXX years plus Year-to-Date earnings, likelihood of continued contractor status and whether the contractor is required to pay for any business-related expenses (non-reimbursed). - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. WRITTEN VOE - Seller-XXX

Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided. Agent 1009 Summary has been provide with an end date of XXX. - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual income of $XXX; $XXX required
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130249

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Audited Loan Amount is less than Guideline Minimum Loan Amount

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXX Loan amount is less than the minimum required per guidelines of $XXX. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV of XXX% is below the maximum of XXX% allowed per guidelines.
Months Reserves exceed minimum required - Verified assets of XXX months reserves exceed the minimum required of XXX months

XXX% LTV < XXX% maximum allowed
XXX DSCR

XXX.PDF

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130249

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

XXX but XXX form is not in file

Resolved-after further review, XXX form is acceptable. Condition resolved. - Due Diligence Vendor-XXX
XXX but the XXX form is Missing from file. XXX form in file was not fully completed by borrower. - Due Diligence Vendor-XXX

Resolved-after further review, XXX form is acceptable. Condition resolved. - Due Diligence Vendor-XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130231

XXX

Closed

XXX

Waived

2 - Non-Material

Property

XXX declared XXX ONLY

Waived-XXX (XXX) Incident Period: XXX , XXX and continuing; XXX Assistance only. - Due Diligence Vendor-XXX

Waived-XXX (XXX) Incident Period: XXX and continuing; Public Assistance only. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.
Months Reserves exceed minimum required - Minimum XXX months of reserves; qualifying reserves equals XXX.

ATR/QM: Exempt

XXX

Originator Post-Close

XXX

2024130261

XXX

ATR/QM: Exempt

XXX

2024130244

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - CD provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Assets in XXX accounts can be used for closing and reserve. Closing funds must be transferred to the XXX but reserve does not apply. Please see the attached guideline for your reference. I also attached the asset document and a copy of final CD to satisfy the requirements of XXX months reserves. The final CD is to show XXX proceeds from other property for closing funds. - Seller-XXX
Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) XXX months required for XXX. Short funds see other asset condition. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Assets in XXX accounts can be used for closing and reserve. Closing funds must be transferred to the XXX but reserve does not apply. Please see the attached guideline for your reference. I also attached the asset document and a copy of final CD to satisfy the requirements of XXX months reserves. The final CD is to show C/O proceeds from other property for closing funds. - Seller-XXX

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - CD provided. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - B1 XXX LTV with program maximum of XXX%.

XXX.PDF
XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130244

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

XXX but XXX form is not in file

Resolved-XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Counter-XXX provided, however it is not complete. Please provided the payment amount, additional each month and authorized establishment. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Open-XXX  but the XXX form is Missing from file.  Missing executed XXX form. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX
Ready for Review-Document Uploaded. - Seller-XXX

Resolved-XXX provided. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - B1 XXX LTV with program maximum of XXX%.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130244

XXX

Closed

XXX

Resolved

1 - Information

Credit

Assets

Total Qualified Assets Post-Close is Less than $XXX

Resolved-Total Qualified Assets Post-Close are greater than $XXX. - CD provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Assets in XXX accounts can be used for closing and reserve. Closing funds must be transferred to the XXX but reserve does not apply. Please see the attached guideline for your reference. I also attached the asset document and a copy of final CD to satisfy the requirements of XXX months reserves. The final CD is to show XXX proceeds from other property for closing funds. - Seller-XXX
Open-Total Qualified Assets Post-Close amount is '$-XXX'. Assets are Insufficient. 1. XXX account are XXX funds and cannot be used. Closing funds must be transferred to a XXX. domiciled account in the borrower’s name prior to the note date and were not.
2. Per 1003 cash out from another transaction was used however missing XXX/XXX from these funds, cannot use. - Due Diligence Vendor-XXX

Resolved-Total Qualified Assets Post-Close are greater than $XXX. - CD provided - Due Diligence Vendor-XXX

LTV is less than guideline maximum - B1 XXX LTV with program maximum of XXX%.

XXX.PDF
XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130244

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Loan does not conform to program guidelines

Resolved-Originator acknowledges XXX - Due Diligence Vendor-XXX
Ready for Review-This is a XXX and the borrower is a XXX - Seller-XXX
Open-1003 shows borrower is a XXX however a proper XXX was not provided and borrower has no social security number. Appears to be a XXX . Loan submitted and priced as XXX, audit performed review as XXX. - Due Diligence Vendor-XXX

Ready for Review-This is a XXX program and the borrower is a foreigner - Seller-XXX

Resolved-Originator acknowledges XXX - Due Diligence Vendor-XXX

LTV is less than guideline maximum - B1 XXX LTV with program maximum of XXX%.

ATR/QM: Exempt

XXX

N/A

XXX

2024130239

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Missing Letter of Explanation (Credit)

Resolved-LOE provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-File is missing Letter of Explanation - Purpose of Cash out - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-LOE provided. - Due Diligence Vendor-XXX

DSCR % greater than XXX - DSCR = XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO = XXX Min FICO = XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130237

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Subject property was listed for sale within a time period not allowed by guidelines

Resolved-After re-review the appraiser states the subject was list XXX. Borrower purchase the subject XXX. Finding resolved. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Subject property was listed for sale within a time period not allowed per guidelines Per appraisal subject is currently listed for sale. Missing evidence that the subject property was taken off market on or before application date. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-After re-review the appraiser states the subject was list XXX. Borrower purchase the subject XXX. Finding resolved. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX FICO above XXX minimum.
LTV is less than guideline maximum - XXX% LTV below max of XXX%.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130237

XXX

Closed

XXX

Waived

2 - Non-Material

Property

XXX declared XXX ONLY

Waived-Originator waiver applied to non material finding with comp factors. - Due Diligence Vendor-XXX
Open-XXX (XXX)
Incident Period: XXX, XXX and continuing
Fire Management Assistance Declaration declared on XXX , XXX - Due Diligence Vendor-XXX

Waived-Originator waiver applied to non material finding with comp factors. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX FICO above XXX minimum.
LTV is less than guideline maximum - XXX% LTV below max of XXX%.

ATR/QM: Exempt

XXX

Originator Post-Close

XXX

2024130417

XXX

Closed

XXX

Resolved

1 - Information

Compliance

Missing Doc

The Final 1003 is Missing

Resolved-Received the Final 1003. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Final 1003 Uploaded - Buyer-XXX
Open-The Final 1003 is Missing ----- Please provide. Additional findings may apply upon receipt. - Due Diligence Vendor-XXX

Resolved-Received the Final 1003. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - XXX% LTV is less than guideline maximum if XXX%.
Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX.

XXX.PDF

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130456

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc - Credit

Business Purpose Affidavit/Disclosure Missing

Resolved-The Business Purpose XXX Disclosure has been provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. BP XXX - Buyer-XXX
Counter-XXX provided, however it is not initialed and signed by the borrower. Finding remains. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. BP XXX - Buyer-XXX
Open-The Business Purpose XXX Disclosure is Missing - Due Diligence Vendor-XXX

Resolved-The Business Purpose Affidavit Disclosure has been provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX.
Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX.

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130456

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower 1 XXX Credit Report provided and not expired. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. PRECLOSE CREDIT REPORT - Buyer-XXX
Counter-Credit Report uploaded is dated XXX which is the same date as the origination credit report. Provide XXX report. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Credit docs - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX

Resolved-Borrower 1 Gap Credit Report provided and not expired. - Due Diligence Vendor-XXX

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130316

XXX

ATR/QM: Exempt

XXX

2024130490

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Borrower

Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. VOR in file is XXX - per guides - missing Bank Statements/Cancelled Checks to support XXX - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Waived-Originator waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - -verified XXX months reserves; only XXX months required.
Qualifying DTI below maximum allowed - DTI = XXX% - Max DTI = XXX%
Qualifying FICO score is at least XXX points above minimum for program - -no longer a comp factor

XXX% LTV < XXX% maximum allowed.
XXX% DTI < XXX% maximum allowed.

XXX.PDF

QM: Higher Priced APOR (APOR HP)

XXX

Originator Post-Close

Yes

XXX

2024130490

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing Doc

Missing Appraisal photos

Resolved-XXX  provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Open-Missing XXX  - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Colored XXX provided. - Due Diligence Vendor-XXX

XXX.PDF

QM: Higher Priced APOR (APOR HP)

XXX

N/A

XXX

2024130490

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Home Loan XXX is Missing

Waived-The XXX disclosure is missing. Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXX

QM: Higher Priced APOR (APOR HP)

XXX

Originator Post-Close

XXX

2024130490

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived-Required XXX Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXX

Waived-Required Affiliated Business Disclosure Missing Originator waiver applied to non-material Findings. - Due Diligence Vendor-XXX

QM: Higher Priced APOR (APOR HP)

XXX

Originator Post-Close

XXX

2024130225

XXX

ATR/QM: Exempt

XXX

2024130421

XXX

ATR/QM: Exempt

XXX

2024130428

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2024130426

XXX

ATR/QM: Exempt

XXX

2024130477

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Client waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX
Open-Housing History Does Not Meet Guideline Requirements - Due Diligence Vendor-XXX

Waived-Client waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying Total Debt Income Ratio <XXX%; Guideline DTI XXX%
LTV is less than guideline maximum - Qualifying LTV XXX%; Guideline LTV XXX%

Qualifying FICO score is at least XXX points above minimum for program - Qualifying FICO XXX; Guideline FICO XXX

LTV XXX% or more under requirement. Total debt XXX% or more under requirement. Long term employment (>XXX years). Minimal consumer debt.

XXX.PDF

QM: Safe Harbor APOR (APOR SH)

XXX

Originator Post-Close

Yes

XXX

2024130472

XXX

Closed

XXX

Resolved

1 - Information

Credit

Borrower

Borrower or Co Borrower Citizenship is Unknown

Resolved-Citizenship status is confirmed. - 1003 for the co-borrower provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. b2 1003 - Seller-XXX
Open-The Borrower or Co-borrowers' Citizenship status is XXX. -----Borrower or Co-borrowers' Citizenship status is XXX. Provide updated 1003, additional conditions may apply - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. b2 1003 - Seller-XXX

Resolved-Citizenship status is confirmed. - 1003 for the co-borrower provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX > XXX
Qualifying DTI below maximum allowed - XXX% < XXX%

XXX.PDF

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130472

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Closing

Borrower 2 Deed of Trust Signature does not match Note

Waived-Originator exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Borrower XXX Signature does not match Note B2 non occupant borrower signed note but did not sign mortgage, not on title. - Due Diligence Vendor-XXX

Waived-Originator exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX > XXX
Qualifying DTI below maximum allowed - XXX% < XXX%

FICO XXX + over min
Residual income over $XXX
Long term homeownership
Minimal consumer debt
Long term employment

QM: Safe Harbor APOR (APOR SH)

XXX

Originator Post-Close

Yes

XXX

2024130471

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

DTI exceeds program maximum

Waived-Originator provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. exception - Seller-XXX
Open-Final 1003 reflects no evidence of prior XXX; maximum DTI permissible by guidelines is XXX% - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. exception - Seller-XXX

Waived-Originator provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Minimum FICO is XXX; qualifying FICO is XXX.
Months Reserves exceed minimum required - Minimum XXX months reserves required; qualifying reserves is XXX.

XXX FICO > XXX minimum required
XXX months reserves > XXX months minimum required.

XXX.PDF

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130471

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Waived-XXX FICO > XXX minimum required
XXX months reserves > XXX months minimum required. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. EXCEPTION - Seller-XXX
Open-Audited DTI of XXX% exceeds Guideline DTI of XXX%; borrower is a XXX without a XXX month rental history. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. EXCEPTION - Seller-XXX

Waived-XXX FICO > XXX minimum required
XXX months reserves > XXX months minimum required. - Due Diligence Vendor-XXX

XXX.PDF

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130471

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved-Housing History Meets Guideline Requirements - Supplement provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. vor - Seller-XXX
Open-Housing History Does Not Meet Guideline Requirements VOR only documents payment history through XXX. Need evidence that XXX and XXX have been paid timely. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. vor - Seller-XXX

Resolved-Housing History Meets Guideline Requirements - Supplement provided - Due Diligence Vendor-XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130471

XXX

Closed

XXX

Resolved

1 - Information

Credit

Income/Employment

Borrower 1 Tax Returns Not Signed

Resolved-Borrower 1 Tax Returns Signed provided for XXX and XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. signed returns - Seller-XXX
Open-Borrower 1 Tax Returns Not Signed XXX and XXX Tax Returns not signed by borrower. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. signed returns - Seller-XXX

Resolved-Borrower 1 Tax Returns Signed provided for XXX and XXX. - Due Diligence Vendor-XXX

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130471

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Profit & Loss Missing

Resolved-Borrower 1 XXX Profit & Loss Provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX p and l - Seller-XXX
Open-Borrower 1 XXX Profit & Loss Missing XXX P&L missing for Self Employment activities. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. ytd p and l - Seller-XXX

Resolved-Borrower 1 XXX Profit & Loss Provided - Due Diligence Vendor-XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130471

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Flood Certificate Missing

Resolved-Flood Certificate provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Flood Certificate Missing Flood Cert. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Flood Certificate provided. - Due Diligence Vendor-XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130471

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Income/Employment

Income/Employment General

Waived-Lender Exception for XXX Opinion Letter as borrower just formed LLC for this transaction and XXX would charge $XXX to complete. - Due Diligence Vendor-XXX

Waived-Lender Exception for Attorney Opinion Letter as borrower just formed XXX for this transaction and attorney would charge $XXX to complete. - Due Diligence Vendor-XXX

1. FICO XXX points or more above requirement
2. Long term Employment >XXX years.

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130465

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved-Housing History Meets Guideline Requirements - For DSCR transactions, experienced investors who provide verification of living XXX  are acceptable provided they own other XXX and meet investor experience. - Due Diligence Vendor-XXX
Ready for Review-we do not see this in our guidelines... There is nothing in our guidelines that says they cannot be rent free on their primary as long as they otherwise meet investor experience.   The section you are quoting is XXX they wish to use this as an alternate way to document XXX month housing history, which wouldn’t apply for DSCR.     - Seller-XXX
Open-Housing History Does Not Meet Guideline Requirements Rent free letter in the file states B1 living rent free with XXX.  Per guidelines borrowers living XXX  with a XXX are acceptable with rent free letter from XXX and evidence of XXX mortgage or current lease.  - Due Diligence Vendor-XXX

Ready for Review-we do not see this in our guidelines... There is nothing in our guidelines that says they cannot be rent free on their primary as long as they otherwise meet investor experience. The section you are quoting is XXX they wish to use this as an alternate way to document XXX month housing history, which wouldn’t apply for DSCR. - Seller-XXX

Resolved-Housing History Meets Guideline Requirements - For DSCR transactions, experienced investors who provide verification of XXX free are acceptable provided they own other XXX and meet investor experience. - Due Diligence Vendor-XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130470

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

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

Resolved-Statement provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. showing XXX included in pmt - Seller-XXX
Open-missing evidence of XXX 3b payment includes XXX. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. showing escrows included in pmt - Seller-XXX

Resolved-Statement provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.
On time mortgage history exceeds guideline requirement - XXX Mortgage pay history on REO Property XXX Home
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

XXX.PDF

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130479

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited LTV Exceeds Guideline LTV

Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Loan file does not contain documentation regarding a XXX market. - Due Diligence Vendor-XXX
Ready for Review-please advise where you are seeing that this is in a XXX market... I do not see this in the appraisal - Seller-XXX
Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% XXX% LTV reduction due to XXX market. Max LTV XXX%. - Due Diligence Vendor-XXX

Ready for Review-please advise where you are seeing that this is in a declining market... I do not see this in the appraisal - Seller-XXX

Resolved-Audited LTV of XXX% is less than or equal to Guideline LTV of XXX% - Loan file does not contain documentation regarding a declining market. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX months reserves. Minimum XXX months.
Qualifying FICO score is at least XXX points above minimum for program - XXX FICO. XXX required.

ATR/QM: Exempt

XXX

N/A

XXX

2024130479

XXX

Closed

XXX

Resolved

1 - Information

Credit

Insurance

Rent Loss Coverage is Insufficient or Missing

Resolved-Rent Loss Coverage is Sufficient, or Not Applicable. - Verification of Rent Loss provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. rent loss email from agent - Seller-XXX
Open-Rent Loss Coverage is Insufficient or Missing. XXX does not indicate XXX months rent loss coverage. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. rent loss XXX from XXX - SellerXXX

Resolved-Rent Loss Coverage is Sufficient, or Not Applicable. - Verification of Rent Loss provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX months reserves. Minimum XXX months.
Qualifying FICO score is at least XXX points above minimum for program - XXX FICO. XXX required.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130425

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX
Open-The DSCR Calculation from lender is Missing. Missing Calculation from file - Due Diligence Vendor-XXX

Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130425

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Approval/Underwriting Summary Not Provided (XXX)

Resolved-Approval/Underwriting Summary provided. - Due Diligence Vendor-XXX
Open-Missing Approval/Underwriting Summary Missing 1008 from file - Due Diligence Vendor-XXX

Resolved-Approval/Underwriting Summary provided. - Due Diligence Vendor-XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130425

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved-Housing History Meets Guideline Requirements. VOR provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. 1008 - Buyer-XXX
Open-Housing History Does Not Meet Guideline Requirements Missing verification of current XXX month housing history. If the borrower does not have a XXX month housing history are ineligible. - Due Diligence Vendor-XXX

Resolved-Housing History Meets Guideline Requirements. XXX provided. - Due Diligence Vendor-XXX

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130433

XXX

Closed

XXX

Resolved

1 - Information

Credit

Borrower

Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. - DSCR-Primary and subject housing history was located in the file. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Seller response - Buyer-XXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Borrower has XXX active mortgages/XXX on credit; only XXX have a verification within the last XXX days. - Due Diligence Vendor-XXX

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not partially present. - DSCR-Primary and subject housing history was located in the file. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX.
Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130433

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR Calculation - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130434

XXX

ATR/QM: Exempt

XXX

2024130241

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Approval/Underwriting Summary Not Provided

Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Approval/Underwriting Summary ; Missing 1008 and/or lender approval. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-XXX

LTV is less than guideline maximum - XXX% LTV; max XXX%.
Qualifying FICO score is at least XXX points above minimum for program - Fico XXX Min program XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130247

XXX

ATR/QM: Exempt

XXX

2024130570

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Calculated DSCR does not meet the Minimum DSCR allowed

Waived-Per client, the DSCR should be rounded to XXX.  Applied to non-material finding with compfactors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX desk stated that the .XXX DSCR will be be round up to XXX and no exception request is needed. The response has been uplaoded. Please have this moved forward as soon as possible.
- Buyer-XXX
Counter-Post Close credit report provided.  Please provide an exception approval.  - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Updated credit report shows credit is XXX and qualifies
- Buyer-XXX
Open-The Calculated DSCR of 'XXX' is less than the minimum DSCR per lender guidelines of 'XXX'. Audit calculations 1007 market rents / PITI on Final CD.  Additionally, B1 does not meet credit score requirements for DSCR of .XXX. - Due Diligence Vendor-XXX

Waived-Per client, the DSCR should be rounded to XXX. Applied to non-material finding with compfactors - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Guidelines require XXX months of reserves. B1 reserves are XXX months.
LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.

XXX% LTV < XXX% maximum allowed
XXX months reserves > XXX months minimum required.

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130466

XXX

ATR/QM: Exempt

XXX

2024130463

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Income/Employment

Income and Employment Do Not Meet Guidelines

Waived-Originator exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Income and Employment Do Not Meet Guidelines Lender exception provided for B1 having less than XXX% ownership in the business that were used to qualify for the loan. XXX months personal bank statements and XXX recent business statements from each business were provided. - Due Diligence Vendor-XXX

Waived-Originator exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

LTV XXX%
DTI XXX% using full PITI in B1 DTI

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130463

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Income/Employment

Income documentation does not meet guidelines

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Lender exception provided to use lease agreement with XXX month proof of receipt, - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

LTV XXX%
DTI XXX% using full PITI in B1 DTI

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130460

XXX

Closed

XXX

Waived

2 - Non-Material

Property

Appraisal

Property/Appraisal General

Waived-Client waiver applied to non material finding - Due Diligence Vendor-XXX
Open-Lender Exception: "Exception required due to the basement living area including a XXX." (Approved, XXX removed and XXX) - Due Diligence Vendor-XXX

Waived-Client waiver applied to non material finding - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

XXX fico, XXX required. XXX% LTV, program allows to XXX%.

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130476

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Missing Doc

Missing VOM or VOR

Waived-Originator exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Lender exception provided for VOR. A third-party VOR is required for any file when the borrower is currently renting. Borrower unable to have current XXX complete VOR. B1 has provided lease agreement and XXX months of cancelled checks to verify current rent. - Due Diligence Vendor-XXX

Waived-Originator exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score.  B1 credit score is XXX.
Qualifying DTI below maximum allowed - Guidelines allow DTI to XXX%.  B1 DTI is XXX%.
Months Reserves exceed minimum required - Guidelines require XXX months of reserves.  B1 reserves are XXX months.

Minimal consumer debt
DTI: XXX%
FICO: XXX
Reserves: XXX Months

QM: Safe Harbor APOR (APOR SH)

XXX

Originator Post-Close

Yes

XXX

2024130519

XXX

ATR/QM: Exempt

XXX

2024130527

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing Doc

Secondary Valuation or Additional Valuation has not been entered per securitization requirements

Resolved-Desk review supporting the appraised value provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. CDA attached - Buyer-XXX
Open-FNMA CU score is XXX and a CDA was not provided per guidelines. - Due Diligence Vendor-XXX

Resolved-Desk review supporting the appraised value provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required
LTV is less than guideline maximum - LTV XXX%; max XXX%.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130235

XXX

QM: Higher Priced APOR (APOR HP)

XXX

2024130312

XXX

ATR/QM: Exempt

XXX

2024130436

XXX

ATR/QM: Exempt

XXX

2024130522

XXX

Closed

XXX

Resolved

1 - Information

Compliance

Missing Doc

Undiscounted Rate is Missing

Resolved--Upon further review, subject loan submitted as Non QM therefore no additional documentation is needed or required. - Due Diligence Vendor-XXX
Open-Undiscounted Rate is Missing -This is the interest rate available to the borrower based on the borrower's particular credit profile and loan characteristics, before any discount points are applied. Unable to test XXX points and fees properly. - Due Diligence Vendor-XXX

Resolved--Upon further review, subject loan submitted as Non QM therefore no additional documentation is needed or required. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score.  B1 credit score is XXX.
Months Reserves exceed minimum required - Guidelines require XXX months of reserves.  B1 reserves are XXX months.
Qualifying DTI below maximum allowed - Guidelines allow DTI to XXX%.  B1 DTI is XXX%.
LTV is less than guideline maximum - Guidelines allow LTV to XXX%.  Subject loan LTV is XXX%.

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130522

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 W2/1099 Missing

Resolved-Borrower 1 XXX Provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX
Counter-Wage & Tax Statement and XXX supports the underwriters income calculation. Is it possible to get XXX XXX transcript in lieu of the XXX document? - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Wage & Tax Statement which does confirm the XXX earnings as supported on the XXX as well - Seller-XXX
Counter-XXX XXX Form required. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX
Open-Borrower 1 XXX/XXX Missing Borrower 1 XXX XXX is missing. Lender to provide to confirm income used by XXX as reflected on the XXX income worksheet. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX
Ready for Review-Document Uploaded. XXX Wage & Tax Statement which does confirm the XXX earnings as supported on the XXX as well - Seller-XXX

Resolved-Borrower 1 W2/1099 Provided - Due Diligence Vendor-XXX

XXX.PDF
XXX.PDF
XXX.PDF

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130522

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

XXX Location Not Allowed for Program

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Primary Value Valuation XXX Not Allowed for Program Client exception in file to allow for property over XXX acres in a XXX area. - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

LTV: XXX%
FICO: XXX
Reserves: XXX Months

Non-QM: Lender documented all ATR UW factors

XXX

Investor Post-Close

XXX

2024130530

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Home Loan XXX is Missing

Waived-The XXX disclosure is missing. Client waive applied to non-material findings. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Guidelines require XXX months of reserves. B1 reserves are XXX months.
Qualifying DTI below maximum allowed - Guidelines allow DTI to XXX%. B1 DTI is XXX%.

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130478

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Income/Employment

Income documentation does not meet guidelines

Waived-Originator exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Using current rent above market rent on XXX of XXX units with lease and XXX month proof of rent. Exception in file - Due Diligence Vendor-XXX

Waived-Originator exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX Fico, XXX required
Long term residence - XXX years at current residence

FICO, time at residence

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130297

XXX

Closed

XXX

Resolved

1 - Information

Credit

QM-ATR

Invalid Final QM Status - ATR/QM: Status Pending

Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX
Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Compliance documentation provided. - Due Diligence Vendor-XXX
Ready for Review-Final CD uploaded today to Final CD missing condition. Please review. - Seller-XXX
Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing final CD, cannot run XXX - Due Diligence Vendor-XXX

Ready for Review-Final CD uploaded today to Final CD missing condition. Please review. - Seller-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX.

LTV is less than guideline maximum - XXX% LTV is less than guideline maximum of XXX%.

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130297

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

File does not contain all required Asset Statement(s)

Resolved-XXX months Statements provided. - Due Diligence Vendor-XXX
Open-Per guidelines, the borrowers are to provide XXX months of statements for all accounts used for asset depletion. Only a XXX was provided for the XXX accounts and does not disclose XXX month balance. - Due Diligence Vendor-XXX

Resolved-XXX months Statements provided. - Due Diligence Vendor-XXX

XXX.PDF
XXX.PDF
XXX.PDF
XXX.PDF

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130297

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower XXX XXX Credit Report is not missing. - XXX report provided for XXX borrowers. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Gap Credit - Buyer-08/28/2024
Open-Borrower XXX XXX Credit Report is Missing Borrower 1 & 2 XXX Credit Report is Missing - Due Diligence Vendor-XXX

Resolved-Borrower 1 Gap Credit Report is not missing. - Gap report provided for both borrowers. - Due Diligence Vendor-XXX

XXX.PDF

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130297

XXX

Closed

XXX

Resolved

1 - Information

Compliance

Missing Doc

TRID: Missing Closing Disclosure

Resolved-XXX: Final Closing Disclosure Provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. final CD - Buyer-XXX
Open-XXX: Missing Final Closing Disclosure Please provide final CD signed at closing by the borrower's. Additional Findings may apply upon receipt. - Due Diligence Vendor-XXX

Resolved-TRID: Final Closing Disclosure Provided - Due Diligence Vendor-XXX

XXX.PDF

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130422

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-XXX fico, XXX required. XXX months reserves, XXX months required. - Due Diligence Vendor-XXX
Open-Housing History Does Not Meet Guideline Requirements DSCR Cash Out Refinance transaction for a XXX that lives XXX with someone other than a XXX. The Borrower has owned the property since XXX, XXX months XXX of a XXX-month history to consider the Borrower an experience XXX. - Due Diligence Vendor-XXX

Waived-XXX fico, XXX required. XXX months reserves, XXX months required. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX
Months Reserves exceed minimum required - Excess Rsrvs Avail(+XXX)

XXX on all tradelines, high reserves, low LTV, and property cash flows above XXX DSCR

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130617

XXX

ATR/QM: Exempt

XXX

2024130491

XXX

ATR/QM: Exempt

XXX

2024130462

XXX

ATR/QM: Exempt

XXX

2024130487

XXX

ATR/QM: Exempt

XXX

2024130295

XXX

Closed

XXX

Resolved

1 - Information

Property

Value

Appraised value unsupported

Resolved-Primary Appraised Property Value To Reviewed Appraised Property Value Variance is acceptable. - Desk review supporting the appraised value provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Uploaded - Buyer-XXX
Open-CU and LCA scores exceeds XXX, a XXX or XXX appraisal is required. - Due Diligence Vendor-XXX

Resolved-Primary Appraised Property Value To Reviewed Appraised Property Value Variance is acceptable. - Desk review supporting the appraised value provided. - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130295

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing Doc

Secondary Valuation or Additional Valuation has not been entered per securitization requirements

Resolved--CU and XXX in file - Due Diligence Vendor-XXX
Open-CU and XXX scores exceeds XXX, a XXX or XXX appraisal is required. - Due Diligence Vendor-XXX

Resolved--CU and LCA in file - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130419

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR Calculation Uploaded - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. Missing DSCR Calculation - Due Diligence Vendor-XXX

Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX months reserves / XXX months required.
Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX minimum XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130458

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months

Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX.

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130494

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing Doc

Appraisal is Missing

Resolved-Appraisal provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Appraisal - Buyer-XXX
Open-Appraisal is Missing Missing appraisal report dated XXX with an effective date of XXX. - Due Diligence Vendor-XXX

Resolved-Appraisal provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.
Qualifying DTI below maximum allowed - Guidelines allow DTI to XXX%. DTI is XXX%.
Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Reserves are XXX months.

XXX.PDF

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130494

XXX

Closed

XXX

Resolved

1 - Information

Compliance

Missing Doc

Missing Attorney Preference Letter

Resolved-Received the Right To Choose XXX disclosure. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Right To Choose XXX - Buyer-XXX
Open-Right To Choose XXX or XXX Preference Not In File - Due Diligence Vendor-XXX

Resolved-Received the Right To XXX Attorney disclosure. - Due Diligence Vendor-XXX

XXX.PDF

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130494

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Home Loan XXX is Missing

Waived-The XXX disclosure is missing. Client waiver applied to non-material Findings
- Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130494

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived-Required XXX Business Disclosure Missing Client waiver applied to non-material Findings
- Due Diligence Vendor-XXX

Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings
- Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130611

XXX

ATR/QM: Exempt

XXX

2024130659

XXX

Closed

XXX

Resolved

1 - Information

Compliance

Missing Doc

Collateral Protection Notice is Missing

Resolved-Upon further review, no further documentation is needed or required. - Due Diligence Vendor-XXX
Open-Collateral Protection Notice is Missing Missing Hazard Insurance Authorization and Requirements disclosure - Due Diligence Vendor-XXX

Resolved-Upon further review, no further documentation is needed or required. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX
LTV is less than guideline maximum - XXX% LTV is less than guideline maximum of XXX%.

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130659

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower 1 and 2 XXX Credit Report provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Report - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Missing Borrower 1 & 2 XXX Credit Report is Missing - Due Diligence Vendor-XXX

Resolved-Borrower 1 and 2 XXX Credit Report provided. - Due Diligence Vendor-XXX

XXX.PDF

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130311

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Approval/Underwriting Summary Not Provided (XXX)

Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. 1008 Uploaded - Buyer-XXX
Open-Missing Approval/Underwriting Summary No 1008/Approval on file - Due Diligence Vendor-XXX

Resolved-Approval/Underwriting Summary is fully present - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX
Months Reserves exceed minimum required - XXX months reserves documented, XXX months required.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130311

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX
Months Reserves exceed minimum required - XXX months reserves documented, XXX months required.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130296

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower 1 and 2 XXX Credit Report provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Please confirm if the attached is XXX credit report. - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit for XXX Borrower's - Due Diligence Vendor-XXX

Resolved-Borrower 1 and 2 XXX Credit Report provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Borrower has a XXX fico / Minimum XXX
Months Reserves exceed minimum required - Borrower has XXX months of reserves / Minimum XXX

XXX.PDF

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130290

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Fraud Report Shows Uncleared Alerts

Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Fraud - Buyer-XXX
Counter-Fraud Report provided, however there are uncleared High Alerts. Finding remains. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. LoanSafeFraudManager - Buyer-XXX
Open-Fraud Report Shows Uncleared Alerts XXX verification needed for Lender - Due Diligence Vendor-XXX

Resolved-All Fraud Report Alerts have been cleared or None Exist - Due Diligence Vendor-XXX

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130290

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc - Credit

Business Purpose Affidavit/Disclosure Missing

Resolved-Received Business Purpose XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. BP XXX - Buyer-XXX
Open-The Business Purpose XXX Disclosure is Missing. Document in file is not executed by borrower. - Due Diligence Vendor-XXX

Resolved-Received Business Purpose Affidavit. - Due Diligence Vendor-XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130304

XXX

Closed

XXX

Resolved

1 - Information

Credit

Closing

Prepayment Penalty Issue

Resolved-Corrected Prepayment Penalty provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX docs - Buyer-XXX
Open-PPP reflects as XXX months interest on amount prepaid and state only allows XXX% flat prepay. - Due Diligence Vendor-XXX

Resolved-Corrected Prepayment Penalty provided. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR above XXX (XXX)
Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)

XXX.PDF
XXX.PDF
XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130402

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

File does not contain LOX for credit inquiries

Resolved-XXX for credit inquiries is present in file or not applicable. - XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX
Counter-XXX for credit inquiries is missing. Missing XXX for inquiries on credit report within past XXX days. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX
Open-XXX for credit inquiries is missing. Missing XXX for inquiries on credit report within past XXX days. - Due Diligence Vendor-XXX

Resolved-LOX for credit inquiries is present in file or not applicable. - LOE provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX months reserves / XXX required
Qualifying FICO score is at least XXX points above minimum for program - Borrower;s FICO XXX / Minim XXX

XXX.PDF
XXX.PDF
XXX.PDF
XXX.PDF
XXX.PDF

QM: Higher Priced APOR (APOR HP)

XXX

N/A

XXX

2024130402

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That In Total Cannot Increase More Than XXX% Test

Resolved-Received XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. The recording fees did change from the initial LE which was disclosed with XXX Fees. The broker ordered the CD and provided the Title fee sheet and we completed the XXX for this. - Buyer-XXX
Open-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 (XXX%) tolerance fees (Recording Fee) increased by $XXX without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, LOE and evidence of delivery to borrower within XXX days of consummation date. Additional findings may apply upon receipt. Statute of limitations - XXX years; Expiration date: XXX. - Due Diligence Vendor-XXX

Resolved-Received COC. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX months reserves / XXX required
Qualifying FICO score is at least XXX points above minimum for program - Borrower;s FICO XXX / Minim XXX

XXX.PDF

QM: Higher Priced APOR (APOR HP)

XXX

N/A

XXX

2024130464

XXX

ATR/QM: Exempt

XXX

2024130459

XXX

Closed

XXX

Resolved

1 - Information

Property

XXX declared INDIVIDUAL

Resolved-XXX provided. No damage - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. disaster inspection - Seller-XXX
Open-XXX (XXX)
Incident Period: XXX , XXX and continuing
Major Disaster Declaration declared on XXX , XXX - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. disaster inspection - Seller-XXX

Resolved-XXX provided. No damage - Due Diligence Vendor-XXX

DSCR % greater than XXX - Calculated DSCR of XXX
Months Reserves exceed minimum required - Verified assets of XXX months reserves exceed the minimum required of XXX months

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130459

XXX

Closed

XXX

Waived

2 - Non-Material

Property

XXX declared XXX ONLY

Waived-Originator waiver applied to non material finding - Due Diligence Vendor-XXX
Open-XXX (XXX)
Incident Period: XXX , XXX and continuing
Major Disaster Declaration declared on XXX , XXX

XXX (XXX)
Incident Period: XXX , XXX and continuing
Emergency Declaration declared on XXX , XXX XXX ONLY - Due Diligence Vendor-XXX

Waived-Originator waiver applied to non material finding - Due Diligence Vendor-XXX

DSCR % greater than XXX - Calculated DSCR of XXX
Months Reserves exceed minimum required - Verified assets of XXX months reserves exceed the minimum required of XXX months

XXX fico, XXX required. XXX months reserves, XXX months required

ATR/QM: Exempt

XXX

Originator Post-Close

XXX

2024130459

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Audited Loan Amount is less than Guideline Minimum Loan Amount

Waived-Originator waiver applied to non material finding - Due Diligence Vendor-XXX
Open-Audited Loan Amount is less than the Guideline Minimum Loan Amount of $XXX Guidelines require minimum loan amount of $XXX - Due Diligence Vendor-XXX

Waived-Originator waiver applied to non material finding - Due Diligence Vendor-XXX

DSCR % greater than XXX - Calculated DSCR of XXX
Months Reserves exceed minimum required - Verified assets of XXX months reserves exceed the minimum required of XXX months

XXX fico, XXX required. XXX months reserves, XXX months required.

ATR/QM: Exempt

XXX

Originator Post-Close

XXX

2024130455

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Additional Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX
Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) XXX requires XXX month reserves. B1 short reserves by $XXX. - Due Diligence Vendor-XXX

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Additional Assets provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. B1 credit score is XXX.
DSCR % greater than XXX - DSCR = XXX%

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130455

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR-CALC - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. Missing lender DSCR calculation worksheet. - Due Diligence Vendor-XXX

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. B1 credit score is XXX.
DSCR % greater than XXX - DSCR = XXX%

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130455

XXX

Closed

XXX

Waived

2 - Non-Material

Property

Flip or Rapid Resale of Property

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Lender exception in file to follow investor guidelines for XXX transactions. Lender guidelines do not allow XXX transactions. - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. B1 credit score is XXX.
DSCR % greater than XXX - DSCR = XXX%

FICO: XXX
DSCR = XXX%

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130452

XXX

ATR/QM: Exempt

XXX

2024130613

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Borrower Rental Experience Insufficient per Guidelines (DSCR)

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Borrower Rental Experience Insufficient per Guidelines (DSCR Loan Type) Lender exception approved to allow XXX / XXX . B1 XXX is owned by business. - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.
Months Reserves exceed minimum required - Reserves: XXX Min XXX

LTV XXX%
Reserves: XXX months

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130223

XXX

ATR/QM: Exempt

XXX

2024130243

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Guaranty Agreement Missing

Resolved-Received signed guaranty agreement. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Counter-Guarantor did not sign/execute the Guaranty Agreement. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.  - Seller-XXX
Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Partial'. Guarantor did not sign/execute the Guaranty Agreement. - Due Diligence Vendor-XXX
Open-The Subject Loan is a Business Purpose Loan but the Guaranty Agreement Doc is 'Partial'. Guaranty Agreement missing signature page.  - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX
Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Received signed guaranty agreement. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX
Long term residence - XXX years at primary residence.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130243

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Evidence of Property Tax Missing

Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Online average county tax rate is only XXX%. Subject property is XXX , we estimate the property tax for XXX using a tax rate of XXX%. - Seller-XXX
Counter-Missing Evidence of Property Tax Missing property tax cert.. Please provide a tax cert with figures that match the Final XXX monthly payment. - Due Diligence Vendor-XXX
Ready for Review-Subject is XXX building, we estimate the property tax using a tax rate of XXX - Seller-XXX
Open-Missing Evidence of Property Tax Missing property tax cert. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Online average county tax rate is only XXX%. Subject property is XXX, we estimate the property tax for new properties using a tax rate of XXX%. - Seller-XXX
Ready for Review-Subject is XXX, we estimate the property tax using a tax rate of XXX - Seller-XXX

Resolved-Evidence of Property Tax is present - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX
Long term residence - XXX years at primary residence.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130243

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Citizenship Documentation Not Provided

Resolved-Borrower Citizenship Documentation Provided or Not Required - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing XXX or other acceptable permanent resident alien documentation. Additional conditions may apply. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Borrower Citizenship Documentation Provided or Not Required - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX
Long term residence - XXX years at primary residence.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130282

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. FraudGuard - Buyer-XXX
Open-Missing Third Party Fraud Report Missing Fraud Report for B1. - Due Diligence Vendor-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Borrower has a XXX / Minimum XXX
DSCR % greater than XXX - DSCR = XXX%
Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.
LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130326

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. 1008 w/ DSCR Calc - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. Missing from file - Due Diligence Vendor-XXX

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required
Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130323

XXX

ATR/QM: Exempt

XXX

2024130427

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Ineligible Property

Waived-Client provided a waiver, applied to non material finding with comp factors. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Exception request and approval - Buyer-XXX
Open-Subject property has a " XXX" sign in the XXX. Per guidelines Property must be removed from listing for at least XXX months prior to the Note Date for properties that have been listed by the current owner within the last XXX months. Release from listing agreement is dated XXX XXX days prior to closing. - Due Diligence Vendor-XXX

Waived-Client provided a waiver, applied to non material finding with comp factors. - Due Diligence Vendor-XXX

DSCR % greater than XXX - DSCR = XXX%
Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.

score over XXX points over the minimum.
LTV is XXX under the Max
Guidelines require XXX Months of reserves. Qualifying Reserves are XXX months.

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130416

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Missing VOM or VOR

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing- Payment history provided. - Due Diligence Vendor-XXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Seller response - Seller-XXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing evidence of most recent XXX month primary housing payment history.
XXX...accounted for in another condition - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Seller response - Seller-XXX

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing- Payment history provided. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV: XXX Max XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130416

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Credit Report is Missing

Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Credit Report - Buyer-XXX
Open-Borrower 1 Credit Report is Missing. Missing required credit report - Due Diligence Vendor-XXX

Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV: XXX Max XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130416

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved-Housing History Meets Guideline Requirements - Payment history for the primary residence provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Seller response - Seller-XXX
Open-Housing History Does Not Meet Guideline Requirements Missing evidence of most recent XXX month primary housing payment history. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Seller response - Seller-XXX

Resolved-Housing History Meets Guideline Requirements - Payment history for the primary residence provided. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV: XXX Max XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130416

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation was located in the loan file. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Seller response - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. Missing lender DSCR Calculation Worksheet; 1008 and UW XXX only have result with XXX, not actual calculation.
- Due Diligence Vendor-XXX

Resolved-DSCR Calculation was located in the loan file. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV: XXX Max XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130416

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Fraud Report Shows Uncleared Alerts

Resolved-All Fraud Report Alerts have been cleared - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Seller response - Buyer-XXX
Open-Fraud Report Shows Uncleared Alerts XXX for originator reflected as XXX which is not a valid ID, also listed on 1003 - Due Diligence Vendor-XXX

Resolved-All Fraud Report Alerts have been cleared - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV: XXX Max XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130445

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score.  Qualifying credit score is XXX.
Qualifying DTI below maximum allowed - Guidelines allow DTI to XXX%.  Qualifying DTI is XXX%.
LTV is less than guideline maximum - Guidelines allow LTV to XXX%.  Subject loan LTV is XXX%.

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130655

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Data

Borrower 2 Final Signature Date is in the future

Waived--Client waiver applied to non-material finding. - Due Diligence Vendor-XXX
Open-Borrower XXX Final Signature Date is greater than the transaction date of XXX -----Borrower signature on final 1003 is XXX after the Disbursement date of XXX as disclosed on final CD. - Due Diligence Vendor-XXX

Waived--Client waiver applied to non-material finding. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX months reserves / XXX are required.
LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.
Qualifying FICO score is at least XXX points above minimum for program - Borrower has a XXX score . minimum XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130655

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Data

Borrower 1 Final Signature Date is in the future

Waived--Client waiver applied to non-material finding. - Due Diligence Vendor-XXX
Open-Borrower 1 Final Signature Date is greater than the transaction date of XXX -----Borrower signature on final 1003 is XXX after the Disbursement date of XXX as disclosed on final CD. - Due Diligence Vendor-XXX

Waived--Client waiver applied to non-material finding. - Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130408

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2024130512

XXX

Closed

XXX

Resolved

1 - Information

Credit

Assets

Total Qualified Assets Post-Close is Less than $XXX

Resolved-Total Qualified Assets Post-Close are greater than $XXX. - Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. $XXX clearance is noted on bank statement. Copy of cleared check is on statement, so this is a cancelled copy, it cleared the borrower’s account. Receipt from title is not needed, the check cleared. - Seller-XXX
Open-Total Qualified Assets Post-Close amount is '$-XXX'. Assets are Insufficient. Missing copy of cleared XXX check for $XXX from out borrowers to the XXX holding XXX funds. Only a copy of the uncanceled check from the XXX to the title company is in file. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. $XXX clearance is noted on bank statement. Copy of cleared check is on statement, so this is a cancelled copy, it cleared the borrower’s account. Receipt from title is not needed, the check cleared. - Seller-XXX

Resolved-Total Qualified Assets Post-Close are greater than $XXX. - Assets provided. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.
Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX minimum required XXX.

XXX.PDF
XXX.PDF

QM: Higher Priced APOR (APOR HP)

XXX

N/A

XXX

2024130512

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Sufficient assets documented. XXX months reserves covered with XXX account attached. - Seller-XXX
Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing verification of sufficient assets for reserves - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Sufficient assets documented. XXX months reserves covered with XXX account attached. - Seller-XXX

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX

XXX.PDF

QM: Higher Priced APOR (APOR HP)

XXX

N/A

XXX

2024130512

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

CoSignor or Guarantor is on debt or a loan not in this application according to the 1003 Declaration

Resolved-XXX or Guarantor is not on debt or a loan not in this application according to the 1003 Declaration.  - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Revised 1003 attached
- Buyer-XXX
Counter-Email from borrower stating is marked in error provided.  Can you please provide a corrected 1003? - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Please see attached email directly from borrower confirming this was done in error. - Seller-XXX
Open-XXX or Guarantor is on debt or a loan not in this application according to the 1003 Declaration.  Missing verification of the debt. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Please see attached email directly from borrower confirming this was done in error. - Seller-XXX

Resolved-CoSignor or Guarantor is not on debt or a loan not in this application according to the 1003 Declaration. - Due Diligence Vendor-XXX

XXX.PDF
XXX.PDF

QM: Higher Priced APOR (APOR HP)

XXX

N/A

XXX

2024130512

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document is fully Present - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Prelim Title commitment - Seller-XXX
Open-Title Document is missing Missing title commitment - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Prelim Title commitment - Seller-XXX

Resolved-Title Document is fully Present - Due Diligence Vendor-XXX

XXX.PDF

QM: Higher Priced APOR (APOR HP)

XXX

N/A

XXX

2024130646

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Client exception granted, waiver applied with compactors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. investor exception approval - Buyer-XXX
Counter-Exception request and XXX provided. Please provide the investor approval. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Exception - Buyer-XXX
Open-Housing History Does Not Meet Guideline Requirements Originator Exception in file for B1 not meeting housing history requirements. Subject loan was acquired within the last XXX months and B1 primary housing is living XXX with XXX. XXX is the only person on Note and Mortgage for XXX. Originator Exception in file, pending client waiver. - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with compactors - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.
Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
DSCR % greater than XXX - DSCR = XXX%

XXX% LTV < XXX% maximum allowed
XXX FICO > XXX minimum required.

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130250

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Missing

Resolved-XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing XXX Hazard Insurance missing from file - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Hazard Insurance Policy provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Credit score required XXX, score provided is XXX
Months Reserves exceed minimum required - Reserve requirement is XXX months, have a total of XXX months

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130287

XXX

ATR/QM: Exempt

XXX

2024130305

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Housing History Does Not Meet Guideline Requirements - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

No comp factors listed on exception. Audit comp factors are, Qualifying Fico XXX, minimum is XXX, Months reserves is XXX+

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130305

XXX

Closed

XXX

Resolved

1 - Information

Credit

Closing

Collections, liens or judgments not paid at closing

Resolved-Final XXX and XXX provided and reflecting judgement on title from the city of XXX for $XXX paid in full. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Judgement XXX and hud showing payment - Buyer-XXX
Open-Borrower has a judgement on title for $XXX recorded on XXX. This is required to be paid. - Due Diligence Vendor-XXX

Resolved-Final HUD and LOE provided and reflecting judgement on title from the city of XXX for $XXX paid in full. - Due Diligence Vendor-XXX

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130305

XXX

Closed

XXX

Resolved

1 - Information

Credit

Title

Property Title Issue

Resolved-Final XXX and XXX provided and reflecting judgement on title from the city of XXX for $XXX paid in full. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Judgement XXX and hud showing payment - Buyer-XXX
Open-Property Title Issue Borrower has a judgement on title from the city of XXX for $XXX - Due Diligence Vendor-XXX
Open-Property Title Issue - Due Diligence Vendor-XXX

Resolved-Final HUD and LOE provided and reflecting judgement on title from the city of XXX for $XXX paid in full. - Due Diligence Vendor-XXX

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130305

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR CALCULATION - Seller-XXX
Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. DSCR CALCULATION - Seller-XXX

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130320

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Fraud report - Buyer-XXX
Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX

Resolved-Third Party Fraud Report provided. - Due Diligence Vendor-XXX

XXX.PDF
XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130320

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR CALCULATION - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX

XXX.PDF

ATR/QM: Exempt

XXX

N/A

XXX

2024130320

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Client waiver applied to non material finding - Due Diligence Vendor-XXX
Open-Housing History Does Not Meet Guideline Requirements Borrower living XXX. Lender exception in file - Due Diligence Vendor-XXX

Waived-Client waiver applied to non material finding - Due Diligence Vendor-XXX

XXX fico, XXX required. XXX months reserves, XXX months required

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130615

XXX

ATR/QM: Exempt

XXX

2024130502

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2024130514

XXX

Closed

XXX

Resolved

1 - Information

Credit

Closing

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

Resolved-Borrower 1 XXX Credit Report is not expired. - XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX report - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX days old - Due Diligence Vendor-XXX

Resolved-Borrower 1 XXX Credit Report is not expired. - UDN provided. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX%; max XXX%.
Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130514

XXX

Closed

XXX

Resolved

1 - Information

Credit

Closing

Issues exist on the Note Document

Resolved-Received prepayment note XXX - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Prepaid note addendum is attached in pages XXX of the note.
- Seller-XXX
Counter-Missing the actual XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Complete note attached - Buyer-XXX
Open-There are Issues Present on the Note that must be addressed. XXX to note is missing from file. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Prepaid note addendum is attached in pages 4-6 of the note.
- Seller-XXX

Resolved-Received prepayment note addendum - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130514

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

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

Resolved-Mortgage Statement provided reflecting T/I included in P&I payment. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. PITI for XXX - Seller-XXX
Open-Missing verification of the taxes, insurance for property listed as XXX on the 1003
- Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. XXX for XXX - Seller-XXX

Resolved-Mortgage Statement provided reflecting XXX included in P&I payment. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130232

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing Third Party Fraud Report Any high alerts must be addressed. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX
Months Reserves exceed minimum required - XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130232

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Purchase Contract Issue

Resolved-Addendum provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Missing addendum reflecting realtor credit of $XXX. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Addendum provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX>XXX
Months Reserves exceed minimum required - XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130473

XXX

ATR/QM: Exempt

XXX

2024130515

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2024130640

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Received XXX report. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. credit refresh - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX

Resolved-Received gap report. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - XXX% LTV is less than guideline maximum of XXX%

Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX.

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130226

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 CPA Letter Missing

Resolved-Borrower 1 XXX Letter Provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Borrower 1 XXX Letter Missing Missing XXX letter or other documentation of borrower ownership percentage. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Borrower 1 CPA Letter Provided - Due Diligence Vendor-XXX

LTV is less than guideline maximum - B1 XXX% LTV. Program max XXX%,
Months Reserves exceed minimum required - B1 XXX months reserves. Minimum XXX months.

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130395

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower 1 XXX Credit Report is not missing. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Missing Missing required XXX report / credit refresh obtained within XXX days prior to closing. - Due Diligence Vendor-XXX

Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

Months Reserves exceed minimum required - Reserves: XXX Min XXX
Residual Income =/> XXX times $XXX monthly residual income - Residual Income:$XXX Min $XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130524

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

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

Resolved-Tax verification provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. See attached Taxes for XXX - Buyer-XXX
Counter-P&I and HOI provided, however the tax verification was not attached. Please re-upload. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. See attached: Credit report, HOI & taxes on XXX
- Buyer-XXX
Open-Missing proof of PITI for XXX 3a of the 1003 - Due Diligence Vendor-XXX

Resolved-Tax verification provided - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - DTI XXX / Maximum XXX%
Qualifying FICO score is at least XXX points above minimum for program - Borrower;s FICO XXX / Minimum XXX

XXX.pdf
XXX.pdf
XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130524

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Disclosure

Home Loan XXX Not Provided Within XXX Days of Application Date

Waived-The XXX was not provided within XXX days of the Application Date (Number of Days Difference is 'XXX'). -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX

Waived-The Home Loan Toolkit was not provided within XXX days of the Application Date (Number of Days Difference is 'XXX'). -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - DTI XXX / Maximum XXX%
Qualifying FICO score is at least XXX points above minimum for program - Borrower;s FICO XXX / Minimum XXX

Non-QM: Lender documented all ATR UW factors

XXX

Investor Post-Close

XXX

2024130449

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2024130493

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing documentation of warrantability

Resolved-An approved XXX Project Manager™ (XXX) report was provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX response and supporting docs included in attached - Seller-XXX
Open-Missing documentation of warrantability. Missing lender attestation. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. UW response and supporting docs included in attached - Seller-XXX

Resolved-An approved XXX™ (XXX) report was provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130493

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc - Credit

XXX Questionnaire Document is Missing

Resolved-An approved XXX XXX™ (XXX) report was provided, a lender XXX questionnaire is
not required. - Due Diligence Vendor-XXX
Ready for Review- - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. UW response included in attached - Buyer-XXX
Open-Subject Property is part of an XXX but the XXX XXX Document is Missing. No XXX Questionnaire on file - Due Diligence Vendor-XXX

Resolved-An approved XXX report was provided, a lender HOA questionnaire is
not required. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130493

XXX

Closed

XXX

Resolved

1 - Information

Property

XXX Project Warrantable is Unable to Determine

Resolved-Warantability documentation is acceptable.  - Due Diligence Vendor-XXX
Open-The XXX Project Warrantability is Unable to Determined.  - Due Diligence Vendor-XXX
Ready for Review- - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting docs included in attached - Buyer-XXX
Open-The XXX Project Warrantability is Unable to Determined.  No XXX  on file, unable to determine. - Due Diligence Vendor-XXX

Resolved-Warantability documentation is acceptable. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130493

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

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

Resolved-Property Tax provided for XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. UW response included in attached - Buyer-XXX
Open-Missing tax info for XXX. (XXX) - Due Diligence Vendor-XXX

Resolved-Property Tax provided for XXX. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130493

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Home Loan XXX is Missing

Waived------Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX
Open-The XXX disclosure is missing. - Due Diligence Vendor-XXX

Waived------Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130493

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived------Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX
Open-Required XXX Business Disclosure Missing - Due Diligence Vendor-XXX

Waived------Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130648

XXX

Closed

XXX

Resolved

1 - Information

Credit

Closing

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

Resolved-Borrower 1 XXX Credit Report is not expired. - Due Diligence Vendor-XXX
Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX credit was ordered XXX which is XXX days from the Note date - Due Diligence Vendor-XXX

Resolved-Borrower 1 Gap Credit Report is not expired. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130648

XXX

Closed

XXX

Resolved

1 - Information

Credit

Closing

Borrower 2 XXX Credit Report is Expired (Greater than XXX Days from Closing/Settlement Date)

Resolved-Borrower 2 XXX Credit Report is not expired. - Due Diligence Vendor-XXX
Open-Borrower 2 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX credit was ordered XXX which is XXX days from the Note date - Due Diligence Vendor-XXX

Resolved-Borrower 2 Gap Credit Report is not expired. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130648

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

XXX is Missing

Resolved-XXX is fully present - XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX - Buyer-XXX
Open-Missing XXX - Due Diligence Vendor-XXX

Resolved-XXX Master Insurance Policy is fully present - Master Policy provided. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130648

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

XXX does not meet requirements

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Lender exception to allow XXX less than XXX% budgeted for reserves. - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

FICO XXX; Reserves XXX mon; DTI XXX%

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130654

XXX

Closed

XXX

Resolved

1 - Information

Credit

QM-ATR

ATR: Not All Liabilities, Including XXX and XXX, in DTI Ratio

Resolved-ATR: All Liabilities, Including XXX and XXX, are factored into DTI Ratio or Not Applicable - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Payoff statement shows loan is due for XXX. The credit supp shows an XXX payment made. There are no lates. - Seller-XXX
Counter-XXX is on the credit report, however missing proof of XXX Payment. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX is on the URLA and credit report - Buyer-XXX
Open-ATR: Not All Liabilities, Including XXX and XXX, in DTI Ratio New mortgage with XXX reporting on credit refresh not documented - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Payoff statement shows loan is due for XXX. The credit supp shows an XXX payment made. There are no lates. - Seller-XXX

Resolved-ATR: All Liabilities, Including Alimony and Child Support, are factored into DTI Ratio or Not Applicable - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX months reserves / minimum XXX months
Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX / Minimum XXX

XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130654

XXX

Closed

XXX

Resolved

1 - Information

Credit

Debt

Missing proof of liability not disclosed on credit report

Resolved-Credit supplement provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX statement shows loan is due for XXX. The credit supp shows an XXX payment made. There are no lates. - Seller-XXX
Counter-XXX is on the credit report, however missing proof of XXX Payment. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX is on the credit report. See attached. - Buyer-XXX
Open-Per credit refresh - new mortgage with XXX not documented. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Payoff statement shows loan is due for XXX. The credit supp shows an XXX payment made. There are no lates. - Seller-XXX

Resolved-Credit supplement provided. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130654

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That Cannot Increase Test

Resolved-Received XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.
XXX XXX attached - Seller-XXX
Open-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%) tolerance fees increased by $XXX (Trust Review Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date.
- Due Diligence Vendor-XXX

Ready for Review-Document Uploaded.
XXX LE attached - Seller-XXX

Resolved-Received XXX. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130284

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Purchase Contract is Missing

Resolved-Validation Resolved - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Purchase Contract - Buyer-XXX
Open-Loan Purpose is Purchase but Purchase Contract is Missing. - Due Diligence Vendor-XXX

Resolved-Validation Resolved - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130284

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Citizenship Documentation Not Provided

Resolved-Borrower Citizenship Documentation Provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Passport - Buyer-XXX
Counter-Valid XXX provided, please provide documentation to support the country of XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Citizenship Doc - Form XXX, Notice of Action - Buyer-XXX
Open-Borrower Citizenship Documentation Is Missing -----Borrower Citizenship Documentation Is Missing - Due Diligence Vendor-XXX

Resolved-Borrower Citizenship Documentation Provided - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130284

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Missing income documentation

Resolved-Documentation to support receipt provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Receipt of XXX and Rent - Seller-XXX
Open-Missing proof of receipt for security deposit and XXX months rent for XXX. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Receipt of Security Deposit and Rent - Seller-XXX

Resolved-Documentation to support receipt provided. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130284

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings

- Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130306

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation was provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR CALCULATION - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-DSCR Calculation was provided. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX%; max XXX%.
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130310

XXX

ATR/QM: Exempt

XXX

2024130318

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That Cannot Increase Test

Resolved------XXX (XXX%) tolerance fees increased by $XXX (Appraisal Fee) without a valid XXX in file. Statute of limitations - XXX years; Expiration date: XXX. Final CD includes $XXX credit for increase in closing cost above legal limit. Finding Resolved. - Due Diligence Vendor-XXX
Open-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%) tolerance fees increased by $XXX (Appraisal Fee) without a valid XXX in file. Statute of limitations - XXX years; Expiration date: XXX. Final CD includes $XXX credit for increase in closing cost above legal limit. Finding Resolved. - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130441

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

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

Resolved-XXX verification provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX. XXX dues monthly indicated on bank statement is $XXX per month. Added to liabilities. - Seller-XXX
Open-XXX dues verification for XXX 3b of the 1003 not provided. XXX sources show XXX fee - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. XXX. XXX dues monthly indicated on bank statement is $XXX per month. Added to liabilities. - Seller-XXX

Resolved-HOA verification provided. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX%; max XXX%.
Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.

XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130441

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That Cannot Increase Test

Resolved-Received XXX and XXX XXX disclosing increase in XXX fee. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX and XXX for $XXX increase
- Buyer-XXX
Open-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%) tolerance fees increased by $XXX (Mortgage Broker Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of limitations - XXX years; Expiration date: XXX.

- Due Diligence Vendor-XXX

Resolved-Received XXX and LE XXX disclosing increase in broker fee. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX%; max XXX%.
Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.

XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130441

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That In Total Cannot Increase More Than XXX% Test

Resolved-Upon further review, no further documentation is needed or required. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Docs Uploaded - Buyer-XXX
Open-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 (XXX%) tolerance fees (Notary Fee) in the amount of $XXX without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of limitations - XXX years; Expiration date: XXX.
- Due Diligence Vendor-XXX

Resolved-Upon further review, no further documentation is needed or required. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX%; max XXX%.
Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.

XXX.pdf
XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130441

XXX

Closed

XXX

Resolved

1 - Information

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Resolved-Client responded that lender has no affiliates. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Rebuttal Uploaded - Seller-XXX
Open-Required Affiliated Business Disclosure Missing Missing Affiliated Business disclosure, unable to test fee tolerance properly. Additional Findings may apply upon receipt. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Rebuttal Uploaded - Seller-XXX

Resolved-Client responded that lender has no affiliates. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX%; max XXX%.
Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.

XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130412

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited FICO is less than Guideline FICO

Resolved-Audited FICO of XXX is greater than or equal to Guideline FICO of XXX - Due Diligence Vendor-XXX
Open-Audited FICO of XXX is less than Guideline FICO of XXX Per guidelines minimum credit score XXX. - Due Diligence Vendor-XXX

Resolved-Audited FICO of XXX is greater than or equal to Guideline FICO of XXX - Due Diligence Vendor-XXX

DSCR % greater than XXX - DSCR XXX is above the minimum required DSCR of XXX
Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.

ATR/QM: Exempt

XXX

N/A

XXX

2024130412

XXX

Closed

XXX

Resolved

1 - Information

Credit

Borrower

Fraud alert is present on the credit report

Resolved-Processor cert provided and verified fraud alert is cleared. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Processor cert - Buyer-XXX
Open-Missing acceptable documentation to clear fraud alert on credit report. - Due Diligence Vendor-XXX

Resolved-Processor cert provided and verified fraud alert is cleared. - Due Diligence Vendor-XXX

DSCR % greater than XXX - DSCR XXX is above the minimum required DSCR of XXX
Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130446

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Audited LTV Exceeds Guideline LTV

Waived--Client requested waiver using comp factors on file; applied to non-material finding. - Due Diligence Vendor-XXX
Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% DSCR<XXX Max LTV XXX% - Due Diligence Vendor-XXX

Waived--Client requested waiver using comp factors on file; applied to non-material finding. - Due Diligence Vendor-XXX

On time mortgage history exceeds guideline requirement - Credit Report shows mortgage history to XXX.
Credit history exceeds minimum required - Credit History Exceeds Min Req(oldest tradeline XXX)

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130446

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Loan does not conform to program guidelines

Resolved-Documentation to support XXX history provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX and supporting doc for XXX and DSCR - Buyer-XXX
Open-Missing evidence that borrower has had XXX year ownership for the property appearing on the XXX provided (no address shown) to meet experienced investor. No investment XXX shown on 1003. Must meet experienced investor requirements of owning an investment property XXX year since DSCR < XXX and does not meet XXX months reserves. - Due Diligence Vendor-XXX

Resolved-Documentation to support XXX year history provided. - Due Diligence Vendor-XXX

On time mortgage history exceeds guideline requirement - Credit Report shows mortgage history to XXX.
Credit history exceeds minimum required - Credit History Exceeds Min Req(oldest tradeline XXX)

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130446

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. LoanSafe report - Buyer-XXX
Open-Missing Third Party Fraud Report Missing Fraud Report - Due Diligence Vendor-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

On time mortgage history exceeds guideline requirement - Credit Report shows mortgage history to XXX.
Credit history exceeds minimum required - Credit History Exceeds Min Req(oldest tradeline XXX)

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130485

XXX

ATR/QM: Exempt

XXX

2024130484

XXX

Closed

XXX

Resolved

1 - Information

Credit

Borrower

Business Entity Formation Document is Missing

Resolved-The Business Entity Formation Document is not Missing - Due Diligence Vendor-XXX
Resolved-The Business Entity Formation Document is not Missing - Operating agreement provided. - Due Diligence Vendor-XXX
Ready for Review-Please see attached the Operating Agreement - Seller-XXX
Counter-XXX of State provided, however it does not disclose the name of the XXX Member. Finding remains. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-The Business Entity Formation Document is Missing - Due Diligence Vendor-XXX

Ready for Review-Please see attached the Operating Agreement - Seller-XXX
Ready for Review-Document Uploaded. - Seller-XXX

Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months
DSCR =/> XXX and minimum is XXX or Less - XXX DSCR exceeds minimum of .XXX.

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130484

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Originator provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Housing History Does Not Meet Guideline Requirements File is missing VOR for XXX - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Waived-Originator provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Reserves = XXX months – Required Reserves = XXX Months
DSCR =/> XXX and minimum is XXX or Less - XXX DSCR exceeds minimum of .XXX.

XXX months reserves > XXX months minimum required
XXX DSCR

XXX.pdf

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130573

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

TRID: Loan calculations discrepancy

Resolved-Rec'd page 5 of XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open------Post Consummation CD dated XXX is missing page 5 with Loan Calculations. Please provide complete XXX. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Rec'd page XXX of XXX. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX months vs. XXX
On time mortgage history exceeds guideline requirement - XXX+ months on time

XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130467

XXX

Closed

XXX

Resolved

1 - Information

Credit

Title

Title reports unpaid liens

Resolved-Final Title Report provided reflecting no judgements or liens. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded.XXX not showing and judgements or liens - Seller-XXX
Open-Report reflects several judgements and liens that have not been satisfied . Provide proof all have been paid in full and satisfied. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. final title policy not showing and judgements or liens - Seller-XXX

Resolved-Final Title Report provided reflecting no judgements or liens. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - XXX% LTV is less than mac of XXX%.
Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130467

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Loan does not conform to program guidelines

Waived-Originator exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-XXX exposure to a XXX borrower and/or household shall not exceed $XXX in current unpaid principal balance (XXX). Borrower exceeds $XXX exposure. Brr has $XXX M is assets. Lender exception in file to allow exposure. - Due Diligence Vendor-XXX

Waived-Originator exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - XXX% LTV is less than mac of XXX%.
Qualifying FICO score is at least XXX points above minimum for program - XXX score exceeds XXX minimum.

Fico >than XXX points above requirement
Long term employment .than XXX years.

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130407

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That Cannot Increase Test

Resolved-Upon further review, no further documentation is needed or required. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Please see attached Itemization of Fees and Initial Disclosures. The Amount of $XXX is included within the Fee Itemization, and on the Initial Disclosures it's lumped into a sum with the Deed Recording Fee in the amount of $XXX and the Mortgage Recording Fee of $XXX for a total amount of $XXX. The XXX Mortgage Tax did not increase or change from the Initial Disclosure and Fee Itemization. - Buyer-XXX
Open-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%) tolerance fees increased by $XXX (Transfer Tax paid by Borrower) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. XXX of Limitations - XXX years, expiration date XXX. - Due Diligence Vendor-XXX

Resolved-Upon further review, no further documentation is needed or required. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130407

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings

- Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130411

XXX

ATR/QM: Exempt

XXX

2024130435

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Purchase Contract Issue

Resolved-Purchase Contract is not partially provided. - Addendum provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Signed addendum - Buyer-XXX
Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Missing executed addendum to the purchase agreement showing the buyer as the XXX. - Due Diligence Vendor-XXX

Resolved-Purchase Contract is not partially provided. - Addendum provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX
Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130657

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

The Deed of Trust is Missing

Resolved-Received DOT. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DOT - Buyer-XXX
Open-The Deed of Trust is Missing - Due Diligence Vendor-XXX

Resolved-Received DOT. - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX
Qualifying DTI below maximum allowed - DTI: XXX% Max XXX%
Months Reserves exceed minimum required - Reserves: XXX

XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130398

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Loan does not conform to program guidelines

Waived--Client requested waiver; applied to non-material finding. - Due Diligence Vendor-XXX
Open--Appraisal review product is not from an acceptable vendor. - Due Diligence Vendor-XXX

Waived--Client requested waiver; applied to non-material finding. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.
LTV is less than guideline maximum - LTV XXX%; max XXX%.

QM: Higher Priced APOR (APOR HP)

XXX

Investor Post-Close

XXX

2024130398

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing Doc

Secondary Valuation or Additional Valuation has not been entered per securitization requirements

Resolved--XXX provided; supports appraisal. - Due Diligence Vendor-XXX
Open-Missing a desk review from one of the approved vendors per guidelines. Desk review in file is not from an acceptable vender but an appraiser on XXX form XXX. - Due Diligence Vendor-XXX

Resolved--Secondary value provided; supports appraisal. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.
LTV is less than guideline maximum - LTV XXX%; max XXX%.

QM: Higher Priced APOR (APOR HP)

XXX

N/A

XXX

2024130398

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That In Total Cannot Increase More Than XXX% Test

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). -----XXX (XXX%) tolerance fees increased by $XXX (Recording Fee) without a valid XXX in file. Lender credit of $XXX for closing cost above legal limit is on final CD. Finding resolved. - Due Diligence Vendor-XXX
Open-This loan failed the charges that in total cannot increase more than XXX% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than XXX% ($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 (XXX%) tolerance fees increased by $XXX (Recording Fee) without a valid XXX in file. Lender credit of $XXX for closing cost above legal limit is on final XXX. Finding resolved. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.
LTV is less than guideline maximum - LTV XXX%; max XXX%.

QM: Higher Priced APOR (APOR HP)

XXX

N/A

XXX

2024130398

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Client exception granted, waiver applied with comp factors - Due Diligence Vendor-XXX
Open-Housing History Does Not Meet Guideline Requirements Borrower not having a XXX month mortgage payment history. - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.
LTV is less than guideline maximum - LTV XXX%; max XXX%.

Per exception:
DTI: XXX%
Reserves: XXX months
Residual Income: $XXX
Credit history: XXX last XXX months
LTV XXX%, XXX% below max

QM: Higher Priced APOR (APOR HP)

XXX

Investor Post-Close

XXX

2024130398

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Income/Employment

Income documentation does not meet guidelines

Waived-Client exception granted, waiver applied with comp factors - Due Diligence Vendor-XXX
Open-XXX months XXX bank statements with the other joint XXX of the account not being the XXX of the borrower or on the loan. - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.
LTV is less than guideline maximum - LTV XXX%; max XXX%.

Per the exception:
DTI: XXX%
Reserves: XXX months
Residual Income: $XXX
Credit history: XXX in last XXX months
LTV: XXX%, XXX% below max

QM: Higher Priced APOR (APOR HP)

XXX

Investor Post-Close

XXX

2024130398

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings

- Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.
LTV is less than guideline maximum - LTV XXX%; max XXX%.

QM: Higher Priced APOR (APOR HP)

XXX

Investor Post-Close

XXX

2024130325

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR calc - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. Missing DSCR Calc - Due Diligence Vendor-XXX

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - XXX% < XXX%
Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130400

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Missing Deed of Trust Riders

Resolved-Mortgage number XXX references the Prepayment Penalty. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX - Buyer-XXX
Counter-Please provide the XXX to the mortgage. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Paragraph XXX of the note references prepayment penalty information. - Buyer-XXX
Open-1. Missing XXX rider to XXX
2. Missing XXX to NOTE - Due Diligence Vendor-XXX

Resolved-Mortgage number XXX references the Prepayment Penalty. - Due Diligence Vendor-XXX

DSCR % greater than XXX - DSCR XXX is above the minimum required DSCR of XXX

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130400

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Proof of XXX - Buyer-XXX
Counter-It appears we are missing the XXX of $XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. See attached reserves which is sufficient for XXX months.
total cash to close was $XXX plus XXX months reserves which is $XXX which total s $XXX
See attached XXX bank statement along with daily summary thru XXX reflecting total assets in the amount of $XXX

Reserves are sufficient please clear exception. - Buyer-XXX
Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) XXX months required for XXX , missing evidence of XXX year investment XXX. - Due Diligence Vendor-XXX

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - XXX provided. - Due Diligence Vendor-XXX

DSCR % greater than XXX - DSCR XXX is above the minimum required DSCR of XXX

XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130400

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Missing or Incomplete 1003

Resolved-Not required per the guidelines. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. A 1003 is not required for non XXX loans, the sellers loan application has been provided. Per XXX credit guidelines section 4.1.4 Housing History is needed for XXX months only. XXX attached. - Seller-XXX
Open-Missing XXX year XXX history and all declarations are missing. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. A 1003 is not required for non XXX loans, the sellers loan application has been provided. Per XXX credit guidelines section 4.1.4 Housing History is needed for XXX months only. VOR attached. - Seller-XXX

Resolved-Not required per the guidelines. - Due Diligence Vendor-XXX

DSCR % greater than XXX - DSCR XXX is above the minimum required DSCR of XXX

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130453

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing Doc

Secondary Valuation or Additional Valuation has not been entered per securitization requirements

Resolved-Received acceptable XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Uploaded - Buyer-XXX
Open-Missing enhanced desk review, CU score is XXX. - Due Diligence Vendor-XXX

Resolved-Received acceptable CDA. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX/ Maximum XXX%
Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX / Minimum XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130453

XXX

Closed

XXX

Resolved

1 - Information

Credit

Borrower

Business Entity Formation Document is Missing

Resolved-The XXX Entity Formation Document provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Business docs - Buyer-XXX
Open-The XXX Entity Formation Document is Missing Missing evidence of the business as follows as applicable:
• Entity Articles of Organization or Partnership
• Certificate of Good Standing or equivalent
• Certificate of Authorization for the person executing all documents on behalf of the Entity. The
authorization may be determined in an Operating Agreement or other XXX documents. If
not, a Borrowing Certificate is required.
o Borrowing Certificate (LLC Borrowing Certificate - XXX Member or LLC Borrowing
Certificate - XXX Member)
• XXX documents that contain a list of XXX, title, and ownership percentage, e.g.,
organization structure
• Tax Identification Number (Employer Identification Number - EIN)
o XXX Member LLC may use EIN or the guarantor social security number
o All XXX-member LLCs must have an EIN - Due Diligence Vendor-XXX

Resolved-The Business Entity Formation Document provided. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX/ Maximum XXX%
Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX / Minimum XXX

XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130453

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Closing Detail Statement Document is Missing

Resolved-Closing Detail Statement Document is not Missing, or Not Applicable. - Final CD provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. final CD Uploaded
- Buyer-XXX
Open-Closing Detail Statement Document is Missing and subject property is an XXX property. Missing Final CD - Due Diligence Vendor-XXX

Resolved-Closing Detail Statement Document is not Missing, or Not Applicable. - Final CD provided. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - LTV XXX/ Maximum XXX%
Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX / Minimum XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130510

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Borrower

Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. XXX VOR along with cancelled checks to complete the XXX month housing history requirement. Borrower is able to provide XXX months proof of payment of the rent but XXX months the borrower paid in cash and is only able to provide cash receipts. - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

FICO XXX pts above requirement
Declining housing payment
Excellent credit profile
Residual Income: $XXX/month above requirement

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130650

XXX

Closed

XXX

Resolved

1 - Information

Property

Appraisal

Subject property appraisal is not on an as-is basis (Primary Value)

Resolved-Primary Value for Subject Property Appraisal is completed on an As-Is Basis, the XXX Completion Report is fully or partially present, or Not Applicable - XXX provided. - Due Diligence Vendor-XXX
Ready for Review-XXX and picture of XXX. Pending updated XXX requested from appraiser - Buyer-XXX
Counter-XXX installed in unit XXX. XXX completed on units XXX and XXX. Missing XXX pic for unit XXX completed. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. cert of XXX and XXX - Buyer-XXX
Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (XXX) is not Present Appraisal completion status is subject to (see XXX p. 34) for XXX issues and Completion Report XXX was not provided confirming resolution of issues. - Due Diligence Vendor-XXX

Resolved-Primary Value for Subject Property Appraisal is completed on an As-Is Basis, the 1004D Completion Report is fully or partially present, or Not Applicable - 1004D provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX
LTV is less than guideline maximum - LTV: XXX% Max XXX %
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130483

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower 1 XXX Credit Report provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130298

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Audited LTV Exceeds Guideline LTV

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Exception Approval Uploaded - Buyer-XXX
Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% Max LTV for XXX is XXX% for purchases per guidelines - Due Diligence Vendor-XXX

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX months of reserves / XXX required
Qualifying FICO score is at least XXX points above minimum for program - Borrower is XXX / Minimum XXX

XXX FICO > XXX minimum required
XXX DTI < XXX% maximum allowed.

XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130293

XXX

Closed

XXX

Resolved

1 - Information

Credit

Assets

Total Qualified Assets Post-Close is Less than $XXX

Resolved-Total Qualified Assets Post-Close are greater than $XXX. - Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Bank stmt - Seller-XXX
Open-Total Qualified Assets Post-Close amount is '$-XXX'. Assets are Insufficient. Missing verification of assets for closing, XXX and reserves - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Bank stmt - Seller-XXX

Resolved-Total Qualified Assets Post-Close are greater than $XXX. - Assets provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX
Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130293

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Bank stmt - Seller-XXX
Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing verification of assets for reserves - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Bank stmt - Seller-XXX

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Assets provided. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130293

XXX

Closed

XXX

Resolved

1 - Information

Credit

QM-ATR

Invalid Final QM Status - ATR/QM: Status Pending

Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX
Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Bank stmt - Seller-XXX
Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. No assets provided at initial review. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Bank stmt - Seller-XXX

Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130293

XXX

Closed

XXX

Resolved

1 - Information

Compliance

Missing Doc

The Note is Missing

Resolved-The Note is Present - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Note included in attached - Seller-XXX
Open-The Note is Missing -----The Note is Missing. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Note included in attached - Seller-XXX

Resolved-The Note is Present - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130440

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing Doc

Secondary Valuation or Additional Valuation has not been entered per securitization requirements

Resolved-Received XXX - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX - Buyer-XXX
Open-XXX Valuation or Additional Valuation has not been entered per securitization requirements - Due Diligence Vendor-XXX

Resolved-Received CDA - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130440

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-Received XXX calculation. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Calculation Worksheet - Buyer-XXX
Open-The XXX Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130440

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Audited LTV Exceeds Guideline LTV

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Audited LTV of XXX% exceeds Guideline LTV of XXX% Audited LTV of XXX% exceeds Guideline CLTV of XXX%. Property is a short term rental, requires a XXX% reduction in LTV. Exception in file approving LTV to XXX% - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

XXX FICO vs XXX Min
XXX DSCR vs XXX Min
XXX% LTV vs XXX% Max
XXX Mos Reserved vs XXX XXX Min

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130442

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Subject property was listed for sale within a time period not allowed by guidelines

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Exception request and approval - Buyer-XXX
Open-Subject property was listed for sale within a time period not allowed per guidelines XXX Transactions Property must be removed from listing for at least XXX months prior to the Note Date. Per appraisal property removed from listing XXX which is XXX months from the Note Date. - Due Diligence Vendor-XXX

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

XXX% LTV < XXX% maximum allowed
XXX FICO > XXX minimum required.

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130526

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Income/Employment

Potential Employment/income Issues identified in the file

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Employee loan. Exception in file to proceed with an employee of XXX of our XXX. - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX mos rsrvs; XXX mos required
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

Credit score More than XXX above requirement
Reserves (months): XXX more months than requirement
Credit History: Excellent credit profile

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130569

XXX

ATR/QM: Exempt

XXX

2024130618

XXX

ATR/QM: Exempt

XXX

2024130653

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. exception approval - Buyer-XXX
Open-Audited Reserves of XXX month(s) are less than Guideline Required Reserves of XXX month(s) XXX reserves XXX month reserves. - Due Diligence Vendor-XXX

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.
LTV is less than guideline maximum - LTV XXX%; max XXX%.

XXX% LTV > XXX% maximum allowed
XXX FICO > XXX minimum required.

XXX.pdf

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130653

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved--Credit report and updated mortgage stmt show no lates and guides have no additional updating requirements; finding resolved. - Due Diligence Vendor-XXX
Open-Housing History Does Not Meet Guideline Requirements Missing pay history for XXX (XXX XXX on Final 1003) from XXX through XXX not provided. Per guidelines need to confirm no mortgage delinquencies (>XXX days) within last XXX months - Due Diligence Vendor-XXX

Resolved--Credit report and updated mortgage stmt show no lates and guides have no additional updating requirements; finding resolved. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.
LTV is less than guideline maximum - LTV XXX%; max XXX%.

ATR/QM: Exempt

XXX

N/A

XXX

2024130498

XXX

ATR/QM: Exempt

XXX

2024130651

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 CPA Letter Missing

Resolved-Borrower 1 XXX Letter Provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. LLC docs - borrower is the only XXX - Buyer-XXX
Open-Borrower 1 XXX Letter Missing - Due Diligence Vendor-XXX

Resolved-Borrower XXX CPA Letter Provided - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - XXX% DTI below max of XXX%
Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130265

XXX

ATR/QM: Exempt

XXX

2024130405

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

HOA Questionnaire Document is Partially Provided

Resolved-The XXX  Document is not partially present or Not Applicable. - Corrected Appraisal provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Updated appraisal - supports XXX .  Appraiser used data for all XXX projects loacted in a  XXX as opposed to the specific project with XXX.  Appraisal has been updated appropriately.
- Seller-XXX
Counter-XXX  provided, however it reflect XXX units and the appraisal reflects XXX. Finding remains. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Full XXX  - Buyer-XXX
Open-Subject Property is part of an XXX but the XXX  Document is only Partially Provided. Missing total number of units in project. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Updated appraisal - supports cond quedstionairre. Appraiser used data for all XXX projects loacted in a larger development as opposed to the specific project with XXX. Appraisal has been updated appropriately.
- Seller-XXX

Resolved-The HOA Questionnaire Document is not partially present or Not Applicable. - Corrected Appraisal provided. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130405

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing documentation of warrantability

Resolved-Documentation of warrantability located or is not applicable. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. 1008 - Non-warrantable condo - attestation - Buyer-XXX
Open-Missing documentation of warrantability. Missing lender's attestation. - Due Diligence Vendor-XXX

Resolved-Documentation of warrantability located or is not applicable. - Due Diligence Vendor-XXX

XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130405

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That Cannot Increase Test

Resolved-Received Fee Itemization. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Please see attached Fee itemization. What was initially disclosed for the state XXX tax is $XXX. On the Initial CD, that fee is lumped in with the Recorded Mortgage fee in the amount of $XXX and the Deed Recording Fee in the amount of $XXX for a total of $XXX. The fee for the State XXX tax was the same amount the entire loan process.
- Seller-XXX
Open-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%) tolerance fees increased by $XXX State XXX Tax without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations XXX years. Expiration date XXX
- Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Please see attached Fee itemization. What was initially disclosed for the state Mortgage tax is $XXX. On the Initial CD, that fee is lumped in with the Recorded Mortgage fee in the amount of $XXX and the Deed Recording Fee in the amount of $XXX for a total of $XXX. The fee for the State Mortgage tax was the same amount the entire loan process.
- Seller-XXX

Resolved-Received Fee Itemization. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130496

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2024130497

XXX

ATR/QM: Exempt

XXX

2024130531

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc - Credit

Business Purpose Affidavit/Disclosure Missing

Resolved-Received Business Purpose XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Business Purpose Disclosure - Buyer-XXX
Open-The Business Purpose Affidavit Disclosure is Missing Missing Business Purpose Certification for XXX Purchase transaction. - Due Diligence Vendor-XXX

Resolved-Received Business Purpose Affidavit. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Reserves: XXX Min XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130531

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR Calc - Buyer-XXX
Open-The XXX Calculation from lender is Missing. Missing lender's XXX Calculation Worksheet or 1008 showing calculation - Due Diligence Vendor-XXX

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Reserves: XXX Min XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130614

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test

Resolved-Received XXX - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. post consummation XXX and refund docs - Buyer-XXX
Open-This loan failed the XXX "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by XXX other than the creditor or XXX. -----(VOE Fee) in section B is payable to Lender, however, fees paid to Lender or Broker must be in section A. If the fee is to remain in section B, it must state XXX (for the benefit of) to said Vendor. Provide a post close CD with correction within XXX days of discovery date.
Statute of Limitations XXX yr, expiration date XXX.

- Due Diligence Vendor-XXX

Resolved-Received PCCD - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Reserves: XXX Min XXX
LTV is less than guideline maximum - LTV: XXX Max XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX
Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130647

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved-XXX provide primary is free and clear with property profile and transfer of Deed. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. primary property is free & Clear - no housing history , property profile
- Buyer-XXX
Counter-Per guidelines section 4.2.5 evidence of primary housing payment history for XXX months is required.
- Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Lender response uploaded - Buyer-XXX
Open-Housing History Does Not Meet Guideline Requirements Missing evidence of primary housing payment history or free and clear. - Due Diligence Vendor-XXX

Resolved-LOE provide primary is free and clear with property profile and transfer of Deed. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130647

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Missing Lease Agreement

Resolved-After further review,. Leases provided were the originals from XXX, XXX and XXX and appraiser rents are the current XXX rent amounts. XXX accepts the appraiser listed rents without current leases. This is a refinance transaction, Condition resolved. - Due Diligence Vendor-XXX
Counter-Letter of explanation provided regarding use of page 15 of guides. The first sentence states for refinance transactions only, subject is a purchase and lease agreement is required. Finding remains. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Lender response uploaded - Buyer-XXX
Open-Lease amount from Appraisal used to calcualte XXX, however, missing lease agreements for Unit #XXX and the unit rents do not match the rents on the appraisal. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130486

XXX

Closed

XXX

Resolved

1 - Information

Property

Appraisal

Subject property appraisal is not on an as-is basis (Primary Value)

Resolved-Received revised appraisal updated to As-is. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Primary Value Subject Property Appraisal is not on an As-Is Basis and Completion Report (XXX) is not Present File is missing Completion Report (XXX) - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Received revised appraisal updated to As-is. - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - DTI = XXX% - Max DTI = XXX%
Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130486

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

XXX is Missing

Waived-The XXX disclosure is missing. Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130486

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130274

XXX

Closed

XXX

Waived

2 - Non-Material

Property

XXX declared XXX ONLY

Waived-Client waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX
Open-XXX event occurred after appraisal (XXX, XXX, XXX) - Due Diligence Vendor-XXX

Waived-Client waiver applied to non material finding with comp factors - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX
Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)

XXX fico, XXX required. XXX months reserves, XXX motnhs required

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130508

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Housing History Does Not Meet Guideline Requirements Lender exception for Housing history not fully documented. Borrowers currently living in a relative's XXX in an XXX. The borrower pays monthly space rent of $XXX. VOR from the XXX, but no other documentation. - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX / Minimum XXX
Months Reserves exceed minimum required - Borrower has XXX months reserves / XXX months required.

FICO: XXX
Reserves: XXX Months

Non-QM: Lender documented all ATR UW factors

XXX

Investor Post-Close

XXX

2024130508

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Non-Arm's Length Transactions Not Allowed for Program

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-XXX Transactions Not Allowed for Program Lender exception to allow for related parties, XXX is owned by the listing agent - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

FICO: XXX
Reserves: XXX Months

Non-QM: Lender documented all ATR UW factors

XXX

Investor Post-Close

XXX

2024130508

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

XXX is Missing

Waived-The XXX disclosure is missing. -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX

Non-QM: Lender documented all ATR UW factors

XXX

Investor Post-Close

XXX

2024130633

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc - Credit

HOA Questionnaire Document is Missing

Resolved-The XXX Document is not missing or Not Applicable. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX docs - Seller-XXX
Open-Subject Property is part of an XXX but the XXX Document is Missing. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. condo docs - Seller-XXX

Resolved-The HOA Questionnaire Document is not missing or Not Applicable. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
LTV is less than guideline maximum - XXX% LTV is less than guideline maximum XXX%.

XXX.pdf

ATR/QM: CDFI Lender Exempt

XXX

N/A

XXX

2024130633

XXX

Closed

XXX

Resolved

1 - Information

Property

XXX Project Warrantable is Unable to Determine

Resolved-Warantability documentation is acceptable. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Condo docs - Seller-XXX
Open-The XXX Project Warrantability is Unable to Determined. XXX Document is Missing. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Condo docs - Seller-XXX

Resolved-Warantability documentation is acceptable. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
LTV is less than guideline maximum - XXX% LTV is less than guideline maximum XXX%.

XXX.pdf

ATR/QM: CDFI Lender Exempt

XXX

N/A

XXX

2024130633

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

XXX Master Insurance Policy is Missing

Resolved-XXX is fully present - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX docs - Buyer-XXX
Open-Missing XXX XXX is Missing - Due Diligence Vendor-XXX

Resolved-XXX is fully present - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
LTV is less than guideline maximum - XXX% LTV is less than guideline maximum XXX%.

XXX.pdf

ATR/QM: CDFI Lender Exempt

XXX

N/A

XXX

2024130633

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing documentation of warrantability

Resolved-Documentation of warrantability located or is not applicable. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. condo docs - Buyer-XXX
Open-Missing documentation of warrantability. Missing lender attestation. - Due Diligence Vendor-XXX

Resolved-Documentation of warrantability located or is not applicable. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
LTV is less than guideline maximum - XXX% LTV is less than guideline maximum XXX%.

XXX.pdf

ATR/QM: CDFI Lender Exempt

XXX

N/A

XXX

2024130633

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-XXX Calculation was located. - Due Diligence Vendor-XXX
Open-The XXX Calculation from lender is Missing. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. income XXX - Buyer-XXX
Open-The XXX Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-DSCR Calculation was located. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
LTV is less than guideline maximum - XXX% LTV is less than guideline maximum XXX%.

XXX.pdf

ATR/QM: CDFI Lender Exempt

XXX

N/A

XXX

2024130633

XXX

Closed

XXX

Resolved

1 - Information

Credit

Borrower

Business Entity Formation Document is Missing

Resolved-The Business Entity Formation Document is not Missing - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. llc docs - Seller-XXX
Open-The Business Entity Formation Document is Missing Missing all the following for the XXX:
o Entity Articles of Organization, Partnership, and Operating Agreements as required.
o Tax Identification Number (Employer Identification Number – EIN). In any case where a XXX proprietor is using XXX in lieu of XXX, provide UW cert or supporting documentation to confirm.
o Certificate of Good Standing
o Certificate of Authorization for the XXX executing all documents on behalf of the Entity
o LLC Borrowing Certificate required when all members are not on the loan. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. llc docs - Seller-XXX

Resolved-The Business Entity Formation Document is not Missing - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
LTV is less than guideline maximum - XXX% LTV is less than guideline maximum XXX%.

XXX.pdf

ATR/QM: CDFI Lender Exempt

XXX

N/A

XXX

2024130294

XXX

Closed

XXX

Resolved

1 - Information

Credit

Insurance

Master Policy Effective Date is After the Note Date

Resolved-XXX Effective Date of XXX is Prior To or Equal To the Transaction Date of XXX Or XXX Effective Date Is Not Provided - XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX
Open-XXX Effective Date of XXX is After the Transaction Date of XXX Missing evidence of project insurance coverage in effect as of the date of closing XXX. Certificate of Insurance provided as an effective date of XXX which is post closing. - Due Diligence Vendor-XXX

Resolved-Master Policy Effective Date of XXX is Prior To or Equal To the Transaction Date of XXX Or Master Policy Effective Date Is Not Provided - Prior policy provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Guidelines require XXX months of reserves.  Qualifying reserves are XXX months.
Qualifying DTI below maximum allowed - DTI: XXX% Max XXX%
LTV is less than guideline maximum - Guidelines allow LTV to XXX%.  Subject loan LTV is XXX%.
Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score.  Qualifying credit score is XXX.

XXX.pdf

QM: Safe Harbor Verified (V SH)

XXX

N/A

XXX

2024130294

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

File does not contain LOX for credit inquiries

Resolved-LOX for credit inquiries is present in file or not applicable. - XXX provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Credit LOX - Buyer-XXX
Open-LOX for credit inquiries is missing. Missing Letter of Explanation for inquiries reflected on credit report. - Due Diligence Vendor-XXX

Resolved-LOX for credit inquiries is present in file or not applicable. - LOE provided - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor Verified (V SH)

XXX

N/A

XXX

2024130294

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

XXX does not meet requirements

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Lender exception provided for XXX deductible exceeding XXX% of the XXX property insurance coverage amount - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors. - Due Diligence Vendor-XXX

Reserves: XXX months
FICO: XXX
LYV: XXX%

QM: Safe Harbor Verified (V SH)

XXX

Investor Post-Close

XXX

2024130294

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings.
- Due Diligence Vendor-XXX

QM: Safe Harbor Verified (V SH)

XXX

Investor Post-Close

XXX

2024130307

XXX

Closed

XXX

Resolved

1 - Information

Credit

Insurance

Flood Certification Date is greater than Note Date

Resolved-Disbursement date is XXX - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX XXX - Buyer-XXX
Open-Flood Certification Date is greater than XXX - Due Diligence Vendor-XXX

Resolved-Disbursement date is XXX - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
Credit history exceeds minimum required - Oldest tradeline XXX yrs old

XXX.pdf

QM: Higher Priced APOR (APOR HP)

XXX

N/A

XXX

2024130307

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

TRID: CD not delivered at least XXX days prior to consummation

Resolved-Rec'd Initial CD issued XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Initial CD - XXX dated XXX - Buyer-XXX
Open------Missing initial CD and evidence of borrower receipt a minimum of XXX days prior to consummation. Statute of limitations - XXX years; Expiration date: XXX.

- Due Diligence Vendor-XXX

Resolved-Rec'd Initial CD issued XXX. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
Credit history exceeds minimum required - Oldest tradeline XXX yrs old

XXX.pdf

QM: Higher Priced APOR (APOR HP)

XXX

N/A

XXX

2024130303

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR calc - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - Guide Max LTV XXX%(Loan at XXX%)
DSCR =/> XXX and minimum is XXX or Less - DSCR XXX (guide min .XXX)
Months Reserves exceed minimum required - XXX mos reserves; XXX mos required

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130324

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2024130437

XXX

ATR/QM: Exempt

XXX

2024130439

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation was located in the loan file. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR Calc - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-DSCR Calculation was located in the loan file. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX
LTV is less than guideline maximum - LTV: XXX Max XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130521

XXX

Non-QM: Lender documented all ATR UW factors

XXX

2024130619

XXX

Closed

XXX

Resolved

1 - Information

Compliance

Missing Doc

The Final 1003 is Missing

Resolved-The Final 1003 provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Final 1003 - Buyer-XXX
Open-The Final 1003 is Missing Please provide a copy of the final 1003 that borrower's signed at closing. - Due Diligence Vendor-XXX

Resolved-The Final 1003 provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX
Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130616

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Missing VOM or VOR

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Supplemental Report provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Final 1003 shows lien with XXX on XXX. Missing verification of this mortgage - Due Diligence Vendor-XXX

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Supplemental Report provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130616

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

XXX project is ineligible

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Exception Approval Uploaded - Buyer-XXX
Open-XXX addressing exception in file for XXX, however, missing the actual Exception from the XXX - Due Diligence Vendor-XXX

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX

XXX FICO > XXX minimum required
XXX DSCR

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130644

XXX

Closed

XXX

Resolved

1 - Information

Credit

Closing

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

Resolved-Borrower 1 XXX Credit Report provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX - Please find current attached. XXX! - Seller-XXX
Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. hello - Please find current attached. Thanks! - Seller-XXX

Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX
Months Reserves exceed minimum required - XXX mos reserves; XXX mos required

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130644

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

XXX is Missing

Waived-The XXX disclosure is missing. Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX
Months Reserves exceed minimum required - XXX mos reserves; XXX mos required

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130642

XXX

ATR/QM: Exempt

XXX

2024130277

XXX

Closed

XXX

Resolved

1 - Information

Credit

Assets

Asset Qualification Does Not Meet Guideline Requirements

Resolved-Asset Qualification Meets Guideline Requirements - assets provided. - Due Diligence Vendor-XXX
Open-Asset Qualification Does Not Meet Guideline Requirements - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Docs Uploaded - Buyer-XXX
Open-Asset Qualification Does Not Meet Guideline Requirements Missing all assets statements that were listed on the Final 1003. - Due Diligence Vendor-XXX

Resolved-Asset Qualification Meets Guideline Requirements - assets provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
DSCR =/> XXX and minimum is XXX or Less - DSCR = XXX

No Assets on file

XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130277

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Supporting docs uploaded - Buyer-XXX
Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing all assets statements that were listed on the Final 1003 - Due Diligence Vendor-XXX

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Assets provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
DSCR =/> XXX and minimum is XXX or Less - DSCR = XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130431

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation was located in the loan file. - Due Diligence Vendor-XXX
Open-The DSCR Calculation from lender is Missing. Missing income calculation breakdown - Due Diligence Vendor-XXX

Resolved-DSCR Calculation was located in the loan file. - Due Diligence Vendor-XXX

DSCR % greater than XXX - DSCR > XXX
Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX / Minimum XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130429

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-Received XXX calculation. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Calculation Uploaded - Buyer-XXX
Open-The XXX Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months for First Time Investor

Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130429

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Assets

Cash Out Does Not Meet Guideline Requirements

Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Cash Out Does Not Meet Guideline Requirements Borrower not on title at the time of application, being put on XXX in XXX at closing. - Due Diligence Vendor-XXX

Waived-Client exception granted in file, waiver applied with comp factors. - Due Diligence Vendor-XXX

XXX tradelines oldest trade since XXX
Good mortgage depth
LTV XXX%

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130276

XXX

Closed

XXX

Resolved

1 - Information

Credit

Assets

Total Qualified Assets Post-Close is Less than $XXX

Resolved-Total Qualified Assets Post-Close are greater than $XXX. - Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX
Open-Total Qualified Assets Post-Close amount is '$-XXX'. Assets are Insufficient. Missing all asset accounts as listed on Final 1003 in Section XXX. Additional conditions may apply. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX

Resolved-Total Qualified Assets Post-Close are greater than $XXX. - Assets provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
DSCR % greater than XXX - DSCR = XXX

XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130276

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Supporting Doc Uploaded - Seller-XXX
Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing all asset documents. Additional conditions may apply. - Due Diligence Vendor-XXX

Ready for Review-Supporting Doc Uploaded - Seller-XXX

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Assets provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
DSCR % greater than XXX - DSCR = XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130276

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Asset 1 Missing

Resolved-Asset 1 Provided - Due Diligence Vendor-XXX
Ready for Review-Supporting Doc Uploaded - Buyer-XXX
Open-Asset 1 Missing Missing all asset accounts as listed on Final 1003 in Section 2a. Additional conditions may apply. - Due Diligence Vendor-XXX

Resolved-Asset XXX Provided - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
DSCR % greater than XXX - DSCR = XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130276

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Asset 2 Missing

Resolved-Asset XXX Provided Or Not Applicable - Due Diligence Vendor-XXX
Open-Asset XXX Missing - Due Diligence Vendor-XXX
Ready for Review-Supporting Doc Uploaded - Buyer-XXX
Open-Asset XXX Missing Missing all asset accounts as listed on Final 1003 in Section XXX. Additional conditions may apply. - Due Diligence Vendor-XXX

Resolved-Asset XXX Provided Or Not Applicable - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
DSCR % greater than XXX - DSCR = XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130276

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Asset 3 Missing

Resolved-Asset XXX Provided Or Not Applicable - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
DSCR % greater than XXX - DSCR = XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130276

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Asset 4 Missing

Resolved-Asset XXX Provided Or Not Applicable - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
DSCR % greater than XXX - DSCR = XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130276

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Asset 5 Missing

Resolved-Asset XXX Provided Or Not Applicable - Due Diligence Vendor-XXX
Open-Asset XXX Missing - Due Diligence Vendor-XXX
Ready for Review-Supporting Doc Uploaded - Buyer-XXX
Open-Asset XXX Missing Missing XXX asset accounts as listed on Final 1003 in Section XXX. Additional conditions may apply. - Due Diligence Vendor-XXX

Resolved-Asset XXX Provided Or Not Applicable - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
DSCR % greater than XXX - DSCR = XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130276

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX
Open-Housing History Does Not Meet Guideline Requirements Loan closed XXX. Missing documentation confirming XXX XXX mortgage payment was made for XXX XXX . Per Final 1003 Section 3; XXX XXX. - Due Diligence Vendor-XXX

Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
DSCR % greater than XXX - DSCR = XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130275

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved-Housing History Meets Guideline Requirements - Statement provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX XXX primary mortgage payment - Buyer-XXX
Open-Housing History Does Not Meet Guideline Requirements Loan closed XXX. Missing documentation confirming XXX XXX mortgage payment was made for XXX XXX . Per Final 1003 Section 3; XXX . - Due Diligence Vendor-XXX

Resolved-Housing History Meets Guideline Requirements - Statement provided. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR = XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130275

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Asset 5 Missing

Resolved-Asset XXX Provided Or Not Applicable- Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX stmt - Buyer-XXX
Open-Asset XXX Missing Missing asset account as reflected on Final 1003 in Section XXX - Due Diligence Vendor-XXX

Resolved-Asset XXX Provided Or Not Applicable- Assets provided. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR = XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130275

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Asset 4 Missing

Resolved-Asset XXX Provided Or Not Applicable- Assets provided. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR = XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130275

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Asset 3 Missing

Resolved-Asset XXX Provided Or Not Applicable- Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX stmt - Buyer-09/18/2024
Open-Asset XXX Missing Missing asset account as reflected on Final 1003 in Section XXX - Due Diligence Vendor-XXX

Resolved-Asset XXX Provided Or Not Applicable- Assets provided. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR = XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130275

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Asset 2 Missing

Resolved-Asset XXX Provided Or Not Applicable- Assets provided. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR = XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130275

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Asset 1 Missing

Resolved-Asset XXX Provided- Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Chase XXX stmt - Seller-XXX
Open-Asset XXX Missing Missing asset account as reflected on Final 1003 in Section XXX - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. XXX - Seller-XXX

Resolved-Asset XXX Provided- Assets provided. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR = XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130275

XXX

Closed

XXX

Resolved

1 - Information

Credit

Assets

Total Qualified Assets Post-Close is Less than $XXX

Resolved-Total Qualified Assets Post-Close are greater than $XXX.- Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Asset statements were uploaded today to the assets and reserves condition for review/recalc - Buyer-XXX
Open-Total Qualified Assets Post-Close amount is '$-XXX'. Assets are Insufficient. Missing all asset accounts as reflected on Final 1003 in Section XXX - Due Diligence Vendor-XXX

Resolved-Total Qualified Assets Post-Close are greater than $XXX.- Assets provided. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR = XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130275

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Asset statements were uploaded today to the missing statement conditions. Also providing XXX Cash out refi and XXX bank statement. - Buyer-XXX
Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing all asset statements as reflected on Final 1003 Section XXX. - Due Diligence Vendor-XXX

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Assets provided. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR = XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130299

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That Cannot Increase Test

Resolved-Received XXX and XXX XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX XXX - Seller-XXX
Counter-Please provide LE or CD where Origination Fee first appears along with the corresponding XXX. According to disclosure details provided this should have been issued on or around XXX. Finding remains. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Compliance Report with a passing status. - Seller-XXX
Open-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%) tolerance fees increased by $XXX (Loan Origination Fee) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Additional findings may apply upon receipt. Statute of limitations - XXX years; Expiration date:XXX. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. XXX - Seller-XXX
Ready for Review-Document Uploaded. Mavent Compliance Report with a passing status. - Seller-XXX

Resolved-Received COC and LE XXX. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program XXX.
Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months

XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130299

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Trust/POA Does Not Meet Guideline Requirements

Resolved-XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Supporting doc - Seller-XXX
Open-XXX Does Not Meet Guideline Requirements Missing Power of XXX for non-borrowing XXX . - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. XXX Supporting doc - Seller-XXX

Resolved-Trust/POA provided. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130299

XXX

Closed

XXX

Resolved

1 - Information

Credit

Closing

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

Resolved-Borrower 1 XXX Credit Report provided. - Due Diligence Vendor-XXX
Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). - Due Diligence Vendor-XXX

Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130299

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower 1 XXX Credit Report provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Soft pull and credit supplements - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Missing Per guidelines an Undisclosed Debt Notification (XXX) is required within XXX days of closing date. - Due Diligence Vendor-XXX

Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130299

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130516

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Citizenship Documentation Not Provided

Resolved-Received XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Uploaded - Buyer-XXX
Open-Borrower Citizenship Documentation Is Missing Missing valid and unexpired XXX - Due Diligence Vendor-XXX

Resolved-Received permanent resident card. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - XXX% LTV is less than guideline maximum of XXX% for Rate and Term Refinance.
Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130271

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved-Housing History Meets Guideline Requirements - Credit supplement provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX
Open-Housing History Does Not Meet Guideline Requirements Missing verification of primary housing payment for XXX (Per Final 1003 XXX XXX). Credit report shows current thru XXX. Loan closed XXX. - Due Diligence Vendor-XXX

Resolved-Housing History Meets Guideline Requirements - Credit supplement provided. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR = XXX
LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX
Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXXmonths.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130279

XXX

ATR/QM: Exempt

XXX

2024130286

XXX

ATR/QM: Exempt

XXX

2024130409

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That Cannot Increase Test

Resolved-Rec'd XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX
Open-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%) tolerance fees increased by $XXX (Loan Discount Points) without a valid XXX in file. Provide a valid and timely XXX for increase OR evidence of refund to borrower or principal reduction in the amount of $XXX, post-close CD, XXX and evidence of delivery to borrower within XXX days of consummation date. Statute of Limitations - XXX years, expiration date XXX. - Due Diligence Vendor-XXX

Resolved-Rec'd COC. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX months > XXX months
Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.

XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130507

XXX

ATR/QM: Exempt

XXX

2024130313

XXX

Closed

XXX

Resolved

1 - Information

Credit

Title

Property Title Issue

Resolved-Property Title Issue Resolved - Business entity provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Omega Enterprises - XXX Docs - Seller-XXX
Open-Property Title Issue Missing verification that borrower owns the XXX that recently transferred title to the borrowing XXX to meet seasoning requirements. Property report XXX and appraisal dated XXX shows a different XXX as current owner but title dated XXX shows the the borrowing XXX as vested on title with a copy of an unrecorded XXX Claim Deed dated XXX - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. XXX - LLC Docs - Seller-XXX

Resolved-Property Title Issue Resolved - Business entity provided. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130313

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Missing

Resolved-XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. INSURANCE EOI - Buyer-XXX
Open-Missing XXX Missing XXX and annual premium amount - Due Diligence Vendor-XXX

Resolved-Hazard Insurance Policy provided. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130313

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-XXX Calculation provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR CALCULATION - Buyer-XXX
Open-The XXX Calculation from lender is Missing. Missing from file - Due Diligence Vendor-XXX

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130313

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Housing History Does Not Meet Guideline Requirements Approved exception for borrower living XXX for primary housing - Due Diligence Vendor-XXX

Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX

None noted on the exception
Audit comp factors XXX FICO and XXX months reserves.

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130396

XXX

ATR/QM: Exempt

XXX

2024130406

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Income/Employment

Income documentation does not meet guidelines

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. variance approval - PTIN - Buyer-XXX
Open-1. Borrower's business ownership and expense factor provided by a PTIN tax preparer only allowed by exception.
2. Missing proof that the PTIN preparer works for a XXX party company (Required if exception is granted for PTIN) - Due Diligence Vendor-XXX

Waived-Client provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

Qualifying DTI below maximum allowed - Qualifying DTI XXX%; max permitted XXX%.
LTV is less than guideline maximum - XXX% < XXX%

XXX% LTV < XXX% maximum allowed
$XXX residual income.

XXX.pdf

QM: Higher Priced APOR (APOR HP)

XXX

Investor Post-Close

XXX

2024130448

XXX

Closed

XXX

Resolved

1 - Information

Credit

Borrower

Business Entity Formation Document is Missing

Resolved-The Business Entity Formation Document is not Missing - Due Diligence Vendor-XXX
Resolved-The Business Entity Formation Document has been provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Entity docs - Buyer-XXX
Open-The Business Entity Formation Document is Missing - Due Diligence Vendor-XXX

Resolved-The Business Entity Formation Document is not Missing - Due Diligence Vendor-XXX
Resolved-The Business Entity Formation Document has been provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX
Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX

XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130448

XXX

Closed

XXX

Resolved

1 - Information

Credit

Assets

Asset General

Resolved-Proof of ownership of business has been provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting doc - Buyer-XXX
Open-Missing proof of ownership of business for percentage of business and to prove borrower is entitled to utilize assets. - Due Diligence Vendor-XXX

Resolved-Proof of ownership of business has been provided. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130495

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Prepayment Penalty Discrepancy

Resolved-XXX for XXX and Prepay Addendum for the Note has been provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Prepayment docs - Buyer-XXX
Open-Final CD reflects a prepayment penalty. Missing XXX for XXX and Prepay Addendum for the Note. - Due Diligence Vendor-XXX

Resolved-Prepayment Rider for DOT and Prepay Addendum for the Note has been provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score. Qualifying credit score is XXX.
LTV is less than guideline maximum - Guidelines allow LTV to XXX%. Subject loan LTV is XXX%.

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130495

XXX

Closed

XXX

Resolved

1 - Information

Credit

Borrower

Citizenship Does Not Meet Guideline Requirements

Resolved-Received valid XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Doc Uploaded - Buyer-XXX
Open-Missing documentation which supports borrower's citizenship eligibility. Visa provided expired as of XXX prior to closing. - Due Diligence Vendor-XXX

Resolved-Received valid perm resident card. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130571

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR Worksheet - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX

DSCR % greater than XXX - DSCR XXX
Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130568

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Disregard previous XXX worksheet. That was for another file
Attached is the correct DSCR calculations for this file - Buyer-XXX
Ready for Review-Document Uploaded. XXX Worksheet - Buyer-XXX
Open-The XXX Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX mos rsrvs; XXX mos required
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130638

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Please see attached 1008 with DSCR calculation. - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-Received DSCR calculation. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR XXX, Min .XXX
Months Reserves exceed minimum required - XXX mos reserves; XXX mos required

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130267

XXX

ATR/QM: Exempt

XXX

2024130266

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document is fully Present - Commitment provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Title - Buyer-XXX
Open-Title Document is missing Missing Preliminary Title Commitment - Due Diligence Vendor-XXX

Resolved-Title Document is fully Present - Commitment provided. - Due Diligence Vendor-XXX

LTV is less than guideline maximum - Guidelines allow LTV to XXX%.  Subject loan LTV is XXX%.
Qualifying FICO score is at least XXX points above minimum for program - Guidelines require XXX credit score.  Qualifying credit score is XXX.
DSCR % greater than XXX - DSCR = XXX
Months Reserves exceed minimum required - Guidelines require XXX months of reserves.  Qualifying reserves are XXX months.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130272

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Fraud Report - Buyer-XXX
Open-Missing Third Party Fraud Report - Due Diligence Vendor-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130652

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Client exception granted, waiver applied with comp factors - Due Diligence Vendor-XXX
Open-Housing History Does Not Meet Guideline Requirements Exception XXX buyer - living XXX with XXX - - Due Diligence Vendor-XXX

Waived-Client exception granted, waiver applied with comp factors - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX / Minimum XXX
Months Reserves exceed minimum required - Borrower has XXX months of reserves / XXX months required.

XXX% of their money in the deal
XXX mos reserves
XXX% DTI
XXX% LTV
XXX FICO

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130269

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Missing VOM or VOR

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. VOM Uploaded - Seller-XXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is Missing. Missing evidence of XXX housing payment current at time of XXX closing. Credit report dated XXX shows XXX XXX. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. VOM Uploaded - Seller-XXX

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX
LTV is less than guideline maximum - LTV: XXX Max XXX
DSCR =/> XXX and minimum is XXX or Less - DSCR: XXX Min .XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130269

XXX

Closed

XXX

Resolved

1 - Information

Credit

Assets

Asset Qualification Does Not Meet Guideline Requirements

Resolved-Asset Qualification Meets Guideline Requirements - Due Diligence Vendor-XXX
Open-Asset Qualification Does Not Meet Guideline Requirements - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Docs Uploaded - Buyer-XXX
Open-Asset Qualification Does Not Meet Guideline Requirements - Due Diligence Vendor-XXX

Resolved-Asset Qualification Meets Guideline Requirements - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130269

XXX

Closed

XXX

Resolved

1 - Information

Credit

Assets

Total Qualified Assets Post-Close is Less than $XXX

Resolved-Total Qualified Assets Post-Close are greater than $XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX
Open-Total Qualified Assets Post-Close amount is '$-XXX'. Assets are Insufficient. Missing evidence of sufficient funds to meet minimum closing cost requirements for XXX Purchase Transaction. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX

Resolved-Total Qualified Assets Post-Close are greater than $XXX. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130269

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR Calculation Uploaded - Seller-XXX
Open-The DSCR Calculation from lender is Missing. Missing lender's XXX calculation worksheet to support qualification. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. DSCR Calculation Uploaded - Seller-XXX

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130269

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Approval/Underwriting Summary Not Provided (XXX)

Resolved-Approval/Underwriting Summary provided. - Due Diligence Vendor-XXX
Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. 1008 - Buyer-XXX
Open-Missing Approval/Underwriting Summary Missing required XXX 1008 Underwriting Transmittal Summary - Due Diligence Vendor-XXX

Resolved-Approval/Underwriting Summary provided. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130269

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Assets provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX
Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) Missing evidence of sufficient funds to meet minimum reserve requirements for XXX Purchase Transaction. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Supporting Docs Uploaded - Seller-XXX

Resolved-Audited Reserves of XXX month(s) are greater than or equal to Guideline Required Reserves of XXX month(s) - Assets provided. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130269

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document is fully Present - Commitment provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX - Seller-XXX
Open-Title Document is missing Missing preliminary commitment. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Title - Seller-XXX

Resolved-Title Document is fully Present - Commitment provided - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130269

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Fraud report - Seller-XXX
Open-Missing Third Party Fraud Report Missing required fraud report - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Fraud report - Seller-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130273

XXX

ATR/QM: Exempt

XXX

2024130268

XXX

ATR/QM: Exempt

XXX

2024130572

XXX

Closed

XXX

Resolved

1 - Information

Credit

Title

Property Title Issue

Resolved-Property XXX Issue Resolved - Updated commitment provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. - Seller-XXX
Open-Property XXX Issue Missing XXX that XXX person XXX is same as borrower XXX . - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. - Seller-XXX

Resolved-Property Title Issue Resolved - Updated commitment provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX months available vs. XXX required
Qualifying FICO score is at least XXX points above minimum for program - XXX vs. XXX min

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130420

XXX

ATR/QM: Exempt

XXX

2024130404

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 3rd Party VOE Prior to Close Missing

Waived-Originator provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. We ask for this item to be waived as the enclosed work number verification of employment was delivered with the initial loan package showing employment as active verified on XXX. This is sufficient as a verbal XXX in all instances. Please waive accordingly. - Seller-XXX
Open-Borrower 1 3rd Party VOE Prior to Close Missing Verbal Verification of Employment (VVOE) within XXX days of closing is required, per guidelines. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. We ask for this item to be waived as the enclosed work number verification of employment was delivered with the initial loan package showing employment as active verified on XXX. This is sufficient as a verbal XXX in all instances. Please waive accordingly. - Seller-XXX

Waived-Originator provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Score is XXX vs program min required of XXX.

LTV is less than guideline maximum - LTV is XXX% vs program max of XXX%

XXX% LTV < XXX% maximum allowed
XXX FICO > XXX minimum required.

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

Originator Post-Close

Yes

XXX

2024130404

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Income/Employment

Borrower 1 Total Years Employment Verified is Less Than XXX Months

Waived-Originator provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. We ask for this item to be waived as the enclosed previous wvoe was delivered with the initial loan package. We would not be required to provide tax returns to prove previous self-employment history as XXX is self-employed using alt XXX bank statements to prove income. Providing the previous tax returns not required in this instance. Additionally this is a XXX month loan and the XXX guide (page 37) allows for XXX months of income documentation. Please waive accordingly. XXX. - Seller-XXX
Open-Borrower XXX Total Years Employment Verified is Less Than XXX Months WVOE from current and previous employer covers less than XXX years. Per 1003 borrowwer was XXX prior, however, documentation is not in file. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. We ask for this item to be waived as the enclosed previous wvoe was delivered with the initial loan package. We would not be required to provide tax returns to prove previous self-employment history as XXX is self-employed using alt doc bank statements to prove income. Providing the previous tax returns not required in this instance. Additionally this is a XXX month loan and the XXX guide (page 37) allows for XXX months of income documentation. Please waive accordingly. Thank you. - Seller-XXX

Waived-Originator provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Score is XXX vs program min required of XXX.

LTV is less than guideline maximum - LTV is XXX% vs program max of XXX%

XXX% LTV < XXX% maximum allowed
XXX FICO > XXX minimum required.

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

Originator Post-Close

Yes

XXX

2024130404

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 WVOE Missing

Waived-Originator provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-This is a XXX month XXX bank statement loan as borrower XXX is self-employed. For borrower 1, we are using a third party validated Work Number WVOE confirming XXX employment and income. An employer- completed WVOE or online print out validating the business existence is not required as this is not priced as a WVOE only loan. Loan would follow the XXX standards for wage earner which permits a 3rd party completed written verification of employment. Refer to section 6.1 on page 38. Please update accordingly. - Seller-XXX
Open-Borrower 1 WVOE Missing B1 income review is WVOE only. A WVOE from current employer was completed by The Work Number per guidelines a completed XXX Form 1005 is required. Also, missing an internet search of the business to support the existence of the business.
- Due Diligence Vendor-XXX

Ready for Review-This is a XXX month personal bank statement loan as borrower XXX is self-employed. For borrower 1, we are using a third party validated Work Number XXX confirming both employment and income. An employer- completed WVOE or online print out validating the business existence is not required as this is not priced as a WVOE only loan. Loan would follow the XXX standards for wage earner which permits a 3rd party completed written verification of employment. Refer to section 6.1 on page 38. Please update accordingly. - Seller-XXX

Waived-Originator provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Score is XXX vs program min required of XXX.

LTV is less than guideline maximum - LTV is XXX% vs program max of XXX%

XXX% LTV < XXX% maximum allowed
XXX FICO > XXX minimum required.

QM: Safe Harbor APOR (APOR SH)

XXX

Originator Post-Close

Yes

XXX

2024130404

XXX

Closed

XXX

Resolved

1 - Information

Credit

QM-ATR

Invalid Final QM Status - ATR/QM: Status Pending

Resolved-The Final Reviewed QM Status is acceptable or the loan is a XXX Purpose loan. - Originator provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX
Ready for Review-This is a XXX month XXX bank statement loan as borrower XXX is self-employed. For borrower 1, we are using a third party validated Work Number WVOE confirming both employment and income. An employer- completed WVOE or online print out validating the business existence is not required as this is not priced as a WVOE only loan. Loan would follow the XXX standards for wage earner which permits a 3rd party completed written verification of employment. Refer to section 6.1 on page 38. Please update accordingly. - Seller-XXX
Open-The Final Reviewed QM Status is 'ATR/QM: Status Pending' on a non-Business Purpose loan. Missing income documentation. - Due Diligence Vendor-XXX

Ready for Review-This is a XXX month personal bank statement loan as borrower 2 is self-employed. For borrower 1, we are using a third party validated Work Number XXX confirming both employment and income. An employer- completed XXX or online print out validating the business existence is not required as this is not priced as a XXX only loan. Loan would follow the XXX standards for wage earner which permits a 3rd party completed written verification of employment. Refer to section 6.1 on page 38. Please update accordingly. - Seller-XXX

Resolved-The Final Reviewed QM Status is acceptable or the loan is a Business Purpose loan. - Originator provided a waiver, applied to non material finding with comp factors - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Score is XXX vs program min required of XXX.

LTV is less than guideline maximum - LTV is XXX% vs program max of XXX%

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130404

XXX

Closed

XXX

Resolved

1 - Information

Compliance

TRID

Charges That Cannot Increase Test

Resolved-XXX (XXX%) tolerance fees increased by $XXX (Appraisal and Credit Report Fees) without a valid XXX in file. Final CD reflects a lender credit for $XXX. Finding Resolved - Due Diligence Vendor-XXX
Open-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%) tolerance fees increased by $XXX (Appraisal and Credit Report Fees) without a valid XXX in file. Final CD reflects a lender credit for $XXX. Finding Resolved
- Due Diligence Vendor-XXX

Resolved-XXX (XXX%) tolerance fees increased by $XXX (Appraisal and Credit Report Fees) without a valid COC in file. Final CD reflects a lender credit for $XXX. Finding Resolved - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Score is XXX vs program min required of XXX.

LTV is less than guideline maximum - LTV is XXX% vs program max of XXX%

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130289

XXX

ATR/QM: Exempt

XXX

2024130430

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation was located in the file; finding resolved. - Due Diligence Vendor-XXX
Open-The DSCR Calculation from lender is Missing. Missing income calc - Due Diligence Vendor-XXX

Resolved-DSCR Calculation was located in the file; finding resolved. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX months reserves / Required XXX
Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX / Minimum XXX

ATR/QM: Exempt

XXX

N/A

XXX

2024130500

XXX

ATR/QM: Exempt

XXX

2024130509

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Appraisal has issues (credit)

Resolved-Appraisal provide and reflects as a XXX. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. See attached: Updated Appraisal reflecting XXX
- Buyer-XXX
Open-XXX included with mortgage, title shows XXX endorsement, appraisal not marked as a XXX. - Due Diligence Vendor-XXX

Resolved-Appraisal provide and reflects as a XXX. - Due Diligence Vendor-XXX

XXX.pdf

Non-QM: Lender documented all ATR UW factors

XXX

N/A

XXX

2024130509

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Housing History Does Not Meet Guideline Requirements Borrower that is a XXX buyer and has been living XXX for several years. Borrower is not living XXX with a spouse that XXX the XXX. - Due Diligence Vendor-XXX

Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX

Credit Score; More than XXX above requirement. DTI: XXX% below max. Residual Income: $XXX/month above requirement. Credit history: Excellent credit profile.

Non-QM: Lender documented all ATR UW factors

XXX

Investor Post-Close

XXX

2024130612

XXX

ATR/QM: Exempt

XXX

2024130283

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Title Commitment - Seller-XXX
Open-Title Document is missing Missing Preliminary Title Commitment - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Title Commitment - Seller-XXX

Resolved-Title Document provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Reserves: XXX Min XXX
Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130283

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 2 XXX Credit Report is Missing

Resolved-Borrower 2 XXX Credit Report provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Credit Refresh - XXX and XXX - Seller-XXX
Open-Borrower 2 XXX Credit Report is Missing Missing required XXX report / credit refresh obtained within XXX days prior to closing. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Credit Refresh - XXX - Seller-XXX

Resolved-Borrower 2 XXX Credit Report provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Reserves: XXX Min XXX
Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130283

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower 1 XXX Credit Report provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Credit Refresh - XXX and XXX - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Missing Missing required XXX report / credit refresh obtained within XXX days prior to closing. - Due Diligence Vendor-XXX

Resolved-Borrower 1 XXX Credit Report provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Reserves: XXX Min XXX
Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130283

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 3 XXX Credit Report is Missing

Resolved-Borrower 3 XXX Credit Report is not missing. - Due Diligence Vendor-XXX
Open-Borrower 3 XXX Credit Report is Missing - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Credit Refresh - Christopher - Seller-XXX
Open-Borrower 3 XXX Credit Report is Missing Missing required XXX report / credit refresh obtained within XXX days prior to closing. - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. Credit Refresh - Christopher - Seller-XXX

Resolved-Borrower 3 XXX Credit Report is not missing. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Reserves: XXX Min XXX
Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130283

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived-Required Affiliated Business Disclosure Missing -----Client waiver applied to non-material Findings. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Reserves: XXX Min XXX
Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130450

XXX

Closed

XXX

Resolved

1 - Information

Credit

Borrower

Business Entity Formation Document is Missing

Resolved-EIN and XXX Standing documentation provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX standing and XXX confirmation of sole member with EIN - Buyer-XXX
Counter-Operating Agreement provided. Please provide the Certificate of XXX standing. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Operating agreement - Buyer-XXX
Open-The Business Entity Formation Document is Missing Missing all required Entity documentation for XXX . Entity Articles of Organization or Partnership, Certificate of Good Standing or equivalent, Certificate of Authorization for the person executing all documents on behalf of the Entity. The authorization may be determined in an Operating Agreement or other corporate documents. If not, a Borrowing Certificate is required, Corporate documents that contain a list of owners, title, and ownership percentage, e.g., organization structure, Tax Identification Number (Employer Identification Number - EIN). - Due Diligence Vendor-XXX

Resolved-XXX and Good Standing documentation provided. - Due Diligence Vendor-XXX

XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130451

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Purchase Contract Issue

Resolved-Purchase Contract is not partially provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. complete purchase contract - Buyer-XXX
Open-Loan Purpose is Purchase but Purchase Contract is only Partially Provided. Addendum for Buyer's Agent commission credit is not signed
Missing addendum for seller paid closing costs to match amount on Final CD - Due Diligence Vendor-XXX

Resolved-Purchase Contract is not partially provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX months of reserves - XXX required
Qualifying FICO score is at least XXX points above minimum for program - Borrower has XXX FICO . Minimum XXX

XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130451

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

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

Resolved-Documentation provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Attached is an updated 1008 stating XXX and removing any info on this other property. Also attached is the Tax cert & XXX formation that show XXX is the other partner to the XXX.
- Buyer-XXX
Counter-Updated 1003 removing the property and LLC docs provided. Please provide documentation to support 3a is in the name of the LLC - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting docs - Buyer-XXX
Open-Missing evidence XXX XXX or exclusion for XXX XXX per Final 1003 - Due Diligence Vendor-XXX

Resolved-Documentation provided. - Due Diligence Vendor-XXX

Missing evidence XXX or exclusion for Real estate XXX per Final XXX

XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130504

XXX

ATR/QM: Exempt

XXX

2024130492

XXX

ATR/QM: Exempt

XXX

2024130308

XXX

QM: Safe Harbor APOR (APOR SH)

XXX

2024130315

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited FICO is less than Guideline FICO

Resolved-Audited FICO of XXX is greater than or equal to Guideline FICO of XXX - Updated credit report dated prior to close for B1 provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. UPDATED CREDIT REPORT - XXX / scores XXX,XXX,XXX - Buyer-XXX
Open-Audited FICO of XXX is less than Guideline FICO of XXX As per credit report on file - Due Diligence Vendor-XXX

Resolved-Audited FICO of XXX is greater than or equal to Guideline FICO of XXX - Updated credit report dated prior to close for B1 provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)
DSCR =/> XXX and minimum is XXX or Less - DSCR above XXX(XXX), Min .XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130281

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Borrower 1 XXX Credit Report is Missing - Due Diligence Vendor-XXX

Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX
Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.
LTV is less than guideline maximum - LTV: XXX% Max LTV is XXX%
Qualifying DTI below maximum allowed - DTI: XXX% Max XXX%

Blanket waiver applied.

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130281

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 2 XXX Credit Report is Missing

Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Borrower 2 XXX Credit Report is Missing - Due Diligence Vendor-XXX

Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX

Blanket waiver applied

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130447

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Closing Detail Statement Document is Missing

Resolved-Closing Detail Statement Document is not Missing, or Not Applicable. - Due Diligence Vendor-XXX
Resolved-Closing Detail Statement Document is not Missing, or Not Applicable. - Final CD provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. final CD Uploaded

- Buyer-XXX
Open-Closing Detail Statement Document is Missing and subject property is an Investment property. No Final CD/Settlement on file - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130447

XXX

Closed

XXX

Resolved

1 - Information

Credit

Borrower

Business Entity Formation Document is Missing

Resolved-The Business Entity Formation Document provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting Docs Uploaded - Buyer-XXX
Open-The Business Entity Formation Document is Missing No EIN on file - Due Diligence Vendor-XXX

Resolved-The Business Entity Formation Document provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130520

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc - Credit

Business Purpose Affidavit/Disclosure Missing

Resolved-The Business Purpose XXX Disclosure provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. See attached: Fully executed Borrower Affirmation & Certificate of Business Purpose - XXX - Buyer-XXX
Open-The Business Purpose XXX Disclosure is Missing Business purpose XXX provided is not executed. - Due Diligence Vendor-XXX

Resolved-The Business Purpose Affidavit Disclosure provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Qualifying credit score XXX; minimum required XXX.
Months Reserves exceed minimum required - XXX months PITIA reserves; XXX months reserves required.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130503

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

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

Resolved-XXX fee for XXX XXX and XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX fee for XXX XXX and XXX of the 1003 - Buyer-XXX
Open-Missing proof of XXX fee for XXX XXX and XXX of the 1003. - Due Diligence Vendor-XXX

Resolved-HOA fee for XXX XXX and XXX provided. - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf
XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130503

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Approval/Underwriting Summary Not Provided (XXX)

Resolved-Approval/Underwriting Summary is present - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. 1008 - Buyer-XXX
Open-Missing Approval/Underwriting Summary Missing Underwriting Transmittal Summary form 1008 - Due Diligence Vendor-XXX

Resolved-Approval/Underwriting Summary is present - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130503

XXX

Closed

XXX

Resolved

1 - Information

Credit

Closing

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

Resolved-Borrower 1 XXX Credit Report provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX pulled with start date XXX-XXX with NO activity - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). XXX days old - Due Diligence Vendor-XXX

Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-XXX

Residual Income =/> XXX times $XXX monthly residual income - Residual Income: $XXX Min $XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130511

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Borrower

Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete

Waived-Client emailed request for waiver-Waiver applied to non-material finding with compensating factors - Due Diligence Vendor-XXX
Counter-Provide an Lender Exception Approval Form with compensating factors. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX is supposed to allow internal approval if their GLs allow but ours does not. They have agreed to this. This is one of those instances. - Buyer-XXX
Open-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is incomplete. Private VOR pays XXX in cash, cannot show proof of payments
Originator exception in file pending client exception waiver. - Due Diligence Vendor-XXX

Waived-Client emailed request for waiver-Waiver applied to non-material finding with compensating factors - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months
LTV is less than guideline maximum - XXX% LTV is less than guideline maximum of XXX%

None provided

XXX.pdf

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130300

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower 1 XXX Credit Report is not missing. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX XXX - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Missing MIssing XXX Credit - Due Diligence Vendor-XXX

Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130301

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR calc and 1008 (for approval/UW summary condition) - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-DSCR Calculation provided. - Due Diligence Vendor-XXX

On time mortgage history exceeds guideline requirement - XXX On time mortgage history exceeds guideline requirement of XXX
Months Reserves exceed minimum required - XXX Months Reserves exceed minimum required of XXX months

XXX.pdf
XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130301

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Approval/Underwriting Summary Not Provided (XXX)

Resolved-Approval provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. APPROVAL CERTIFICATE - Buyer-XXX
Open-Missing Approval/Underwriting Summary - Due Diligence Vendor-XXX

Resolved-Approval provided. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130301

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing Doc

Secondary Valuation or Additional Valuation has not been entered per securitization requirements

Resolved-XXX Provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX - Seller-XXX
Open-Missing secondary valuation product. Unable to download appraisal XXX uploaded by XXX (issue with the pdf). Additional conditions may apply - Due Diligence Vendor-XXX

Ready for Review-Document Uploaded. COLLATERAL DESKTOP ANALYSIS - Seller-XXX

Resolved-CDA Provided. - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130301

XXX

Closed

XXX

Resolved

1 - Information

Property

Missing Doc

Appraisal is Missing

Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. APPRAISAL REPORT - Buyer-XXX
Open-Appraisal is Missing Unable to download appraisal uploaded by lender (issue with the pdf). Additional conditions may apply. - Due Diligence Vendor-XXX

Resolved-Appraisal is Present or is Waived - Due Diligence Vendor-XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130301

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Income/Employment

PTIN Prepared P&L

Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX
Open-Lender exception to allow XXX letter to verify XXX XXX and business assets. - Due Diligence Vendor-XXX

Waived-Client exception granted and in file, waiver applied with comp factors. - Due Diligence Vendor-XXX

Reserves XXX months
Rate and Term Refi

ATR/QM: Exempt

XXX

Investor Post-Close

XXX

2024130403

XXX

ATR/QM: Exempt

XXX

2024130278

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Audited Reserves are less than Guideline Required Reserves (Number of Months)

Resolved-After further review, assets are sufficient, using the XXX less the loan balance, using the ID cash value- condition resolved. - Due Diligence Vendor-XXX
Counter-Assets provided. $XXX total assets, $XXX cash was required to close. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting docs for assets/reserves - Buyer-XXX
Open-Audited Reserves of month(s) are less than Guideline Required Reserves of XXX month(s) - Due Diligence Vendor-XXX

Resolved-After further review, assets are sufficient, using the Insurance policy less the loan balance, using the ID cash value- condition resolved. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX.
LTV is less than guideline maximum - XXX% LTV is less than guideline maximum of XXX%

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130278

XXX

Closed

XXX

Resolved

1 - Information

Credit

Assets

Total Qualified Assets Post-Close is Less than $XXX

Resolved-After further review, assets are sufficient, using the XXX less the loan balance, using the ID cash value- condition resolved. - Due Diligence Vendor-XXX
Counter-Assets provided. $XXX total assets, $XXX cash was required to close. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Supporting docs for assets/reserves - Buyer-XXX
Open-Total Qualified Assets Post-Close amount is '$-XXX'. Assets are Insufficient. - Due Diligence Vendor-XXX

Resolved-After further review, assets are sufficient, using the Insurance policy less the loan balance, using the XXX cash value- condition resolved. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX.
LTV is less than guideline maximum - XXX% LTV is less than guideline maximum of XXX%

XXX.pdf
XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130291

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Title Commitment - Buyer-XXX
Open-Title Document is missing Missing Title - Due Diligence Vendor-XXX

Resolved-Title Document provided. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX Months of reserves - XXX months requried.
Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO - XXX / Minimum XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130291

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower 1 and 2 XXX Credit Report is provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Credit - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit. - Due Diligence Vendor-XXX

Resolved-Borrower 1 and 2 Gap Credit Report is provided. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130291

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Disclosure

XXX Not Provided Within XXX Days of Application Date

Waived-The XXX was not provided within XXX days of the Application Date (Number of Days Difference is 'XXX'). Client waiver applied to non-material findings. - Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130291

XXX

Closed

XXX

Waived

2 - Non-Material

Compliance

Missing Doc

Missing Required Affiliated Business Disclosure

Waived-Required Affiliated Business Disclosure Missing Client waiver applied to non-material findings. - Due Diligence Vendor-XXX

QM: Safe Harbor APOR (APOR SH)

XXX

Investor Post-Close

XXX

2024130475

XXX

Closed

XXX

Resolved

1 - Information

Property

XXX declared XXX

Resolved-XXX provided. No damage. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. disaster inspection - Buyer-XXX
Open-XXX: XXX XXX Assistance Incident Period: XXX , XXX - XXX , XXX; Major Disaster Declaration declared on XXX , XXX; Individual Assistance; XXX missing. - Due Diligence Vendor-XXX

Resolved-XXX provided. No damage. - Due Diligence Vendor-XXX

DSCR =/> XXX and minimum is XXX or Less - DSCR: XXX Min .XXX
Months Reserves exceed minimum required - Reserves: XXX Min XXX
Qualifying FICO score is at least XXX points above minimum for program - FICO: XXX Min XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130475

XXX

Closed

XXX

Waived

2 - Non-Material

Credit

Eligibility

Loan does not conform to program guidelines

Waived-The following loans all closed concurrently as XXX XXX XXX Refis: XXX, XXX and XXX, Lender notes indicate borrower is XXX on a total of XXX loans to payoff a blanket mortgage with XXX . A review of 1003 shows XXX loans with XXX and approximate exposure of $XXX. Originator EXCEPTION Approved for "XXX borrower with loans exceeding XXX million of XXX"; Originator waiver applied to non-material finding - Due Diligence Vendor-XXX

Waived-The following loans all closed concurrently as DSCR Inv C/O Refis: XXX, XXX and XXX, Lender notes indicate borrower is C/O on a total of XXX loans to payoff a blanket mortgage with XXX. A review of 1003 shows XXX loans with XXX and approximate exposure of $XXX. Originator EXCEPTION Approved for "XXX borrower with loans exceeding XXX million of XXX"; Originator waiver applied to non-material finding - Due Diligence Vendor-XXX

ATR/QM: Exempt

XXX

Originator Post-Close

Yes

XXX

2024130309

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-DSCR Calculation was provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. DSCR - Buyer-XXX
Open-The DSCR Calculation from lender is Missing. - Due Diligence Vendor-XXX

Resolved-DSCR Calculation was provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - XXX Qualifying FICO score is at least XXX points above minimum for program of XXX.
LTV is less than guideline maximum - XXX% LTV is less than guideline maximum of XXX%.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130454

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 XXX Credit Report is Missing

Resolved-Borrower 1 XXX Credit Report is not missing. - XXX was on the Fraud report provided. - Due Diligence Vendor-XXX
Open-Borrower 1 XXX Credit Report is Missing Missing XXX Credit - Due Diligence Vendor-XXX

Resolved-Borrower 1 Gap Credit Report is not missing. - XXX was on the Fraud report provided. - Due Diligence Vendor-XXX

Qualifying FICO score is at least XXX points above minimum for program - Borrower's FICO XXX / Miniumum XXX
Months Reserves exceed minimum required - Borrower has XXX months reserves - XXX months required.

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130454

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. fraud report uploaded
- Buyer-XXX
Open-Missing Third Party Fraud Report Missing Fraud Report - - Due Diligence Vendor-09/26/2024

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130454

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

File does not contain LOX for credit inquiries

Resolved-XXX for credit inquiries is present in file or not applicable. - XXX provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX Uploaded - Buyer-XXX
Open-XXX for credit inquiries is missing. Missing inquiry letter - Due Diligence Vendor-XXX

Resolved-LOX for credit inquiries is present in file or not applicable. - LOE provided. - Due Diligence Vendor-XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130517

XXX

ATR/QM: Exempt

XXX

2024130637

XXX

ATR/QM: Exempt

XXX

2024130397

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Flood Certificate Missing

Resolved-Flood Certificate is fully present - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Flood Cert Uploaded - Buyer-XXX
Open-Missing Flood Certificate No Flood Cert on file - Due Diligence Vendor-XXX

Resolved-Flood Certificate is fully present - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130397

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

DSCR Calculation Missing

Resolved-Received DSCR calculation - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. The XXX notes on the 1008 show the XXX calculation. This was uploaded with the closed loan package (page 2).
- Buyer-XXX
Open-The DSCR Calculation from lender is Missing. No DSCR Calc on file - Due Diligence Vendor-XXX

Resolved-Received DSCR calculation - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Excess Rsrvs Avail (+XXX)
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130609

XXX

Closed

XXX

Resolved

1 - Information

Credit

Closing

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

Resolved-Borrower 1 XXX Credit Report is not expired. - XXX provided for both borrowers. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. XXX - Buyer-XXX
Open-Borrower 1 XXX Credit Report is Expired (Greater than XXX days from Closing/Settlement Date). > XXX Days from closing. - Due Diligence Vendor-XXX

Resolved-Borrower 1 Gap Credit Report is not expired. - XXX provided for both borrowers. - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - Borrower has XXX months reserves - XXX required.
Qualifying FICO score is at least XXX points above minimum for program - Borrower;s FICO XXX / Minimum XXX

XXX.pdf

QM: Safe Harbor APOR (APOR SH)

XXX

N/A

XXX

2024130639

XXX

ATR/QM: Exempt

XXX

2024130656

XXX

Closed

XXX

Resolved

1 - Information

Credit

Eligibility

Property Does Not Meet Guidelines (credit)

Resolved-XXX Appraisal provided. - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. appraisal - Buyer-XXX
Open-Property Issues are identified for the property Missing Uniform Residential Appraisal Report (XXX) with XXX photos as required by guidelines. Appraisal provided is imaged in XXX and XXX only.
- Due Diligence Vendor-XXX

Resolved-Colored Appraisal provided. - Due Diligence Vendor-XXX

On time mortgage history exceeds guideline requirement - Primary mortgage XXX months XXX
Months Reserves exceed minimum required - Guidelines require XXX months of reserves. Qualifying reserves are XXX months.

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX

2024130285

XXX

Closed

XXX

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX
Ready for Review-Document Uploaded. Final Fraud - Buyer-XXX
Open-Missing Third Party Fraud Report Missing Fraud Report - Due Diligence Vendor-XXX

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-XXX

Months Reserves exceed minimum required - XXX mos rsrvs; XXX mos required
Qualifying FICO score is at least XXX points above minimum for program - Min FICO XXX, Bwr FICO XXX

XXX.pdf

ATR/QM: Exempt

XXX

N/A

XXX