EX-99.1 2 caf2021-3_ex991.htm REPORT OF INDEPENDENT ACCOUNTANTS ON APPLYING AGREED-UPON PROCEDURES
Exhibit 99.1

   
Ernst & Young LLP           Tel: +1 212 773 3000
One Manhattan West           ey.com
New York, NY  10001

Report of Independent Accountants on Applying Agreed-Upon Procedures

CoreVest Purchaser 2, LLC (“CoreVest”)
CoreVest American Finance Depositor LLC (the “Depositor”)
Wells Fargo Securities, LLC
Morgan Stanley & Co. LLC
(collectively, the “Specified Parties”)

Re:
CoreVest American Finance 2021-3 Trust (the “Issuing Entity”)
Mortgage Pass-Through Certificates (the “Certificates”)
Mortgage Loan and Sample Property Agreed-Upon Procedures


We have performed the procedures enumerated in Attachment A, which were agreed to and acknowledged as appropriate by the Specified Parties, for the intended purpose of assisting the Specified Parties in evaluating the accuracy of certain information with respect to the Mortgage Loans and certain Mortgaged Properties (both as defined herein) contained on the Data Files (as defined herein) (the “Subject Matter”) relating to the Issuing Entity’s securitization transaction as of 13 October 2021.  This report may not be suitable for any other purpose.  The procedures performed may not address all of the items of interest to a user of the report and may not meet the needs of all users of the report and, as such, users are responsible for determining whether the procedures performed are appropriate for their purposes.  The appropriateness of these procedures is solely the responsibility of the Specified Parties identified in this report.  No other party acknowledged the appropriateness of the procedures.  Consequently, we make no representation regarding the appropriateness of the procedures described in Attachment A, either for the purpose for which this report has been requested or for any other purpose.

The procedures performed and our associated findings are included in Attachment A.



 
 Page 2 of 4


For the purpose of the procedures described in this report, CoreVest, on behalf of the Depositor, provided us with:
a.
Certain electronic data files containing information relating to the Mortgage Loans (the “Mortgage Loan Data Files”) that are described in Attachment A,
b.
Certain electronic data files containing information relating to the Mortgaged Properties (the “Property Data Files,” together with the Mortgage Loan Data Files, the “Data Files”) that are described in Attachment A,
c.
Electronic copies of the files for the Mortgage Loans and certain Mortgaged Properties which contain copies of:
 
i.
Various source documents relating to the Mortgage Loans (the “Mortgage Loan Source Documents”) and
 
ii.
Appraisal or desktop review reports (collectively, the “Appraisals”) and/or broker price opinions (the “BPOs,” together with the Appraisals, the “Property Source Documents”) relating to certain Mortgaged Properties,
d.
An electronic data file labeled “MSA List by Zip Code v7.xlsx” (the “MSA Support File,” together with the Property Source Documents, the “Property Sources”) which contains metropolitan statistical area information for certain zip codes,
e.
A schedule (the “Property Sampling Schedule”), certain information from which is shown on Exhibit 2 to Attachment A, that CoreVest, on behalf of the Depositor, indicated contains a list of loan identification numbers (each, a “Loan ID”) corresponding to certain fixed-rate mortgage loans,
f.
A list of characteristics on the Property Data Files (the “Property Sample Characteristics”), which are described in Attachment A, that CoreVest, on behalf of the Depositor, instructed us to compare to information contained in the Property Sources,
g.
A list of characteristics on the Mortgage Loan Data Files (the “Compared Mortgage Loan Characteristics”), which are listed on Exhibit 5 to Attachment A, that CoreVest, on behalf of the Depositor, instructed us to compare to information contained in the Mortgage Loan Source Documents,
h.
A list of characteristics on the Data Files (the “Recalculated Characteristics”), which are described in Attachment A, that CoreVest, on behalf of the Depositor, instructed us to recalculate using information on the Data Files,
i.
A list of characteristics on the Mortgage Loan Data Files (the “Provided Mortgage Loan Characteristics”), which are listed on Exhibit 6 to Attachment A, on which CoreVest, on behalf of the Depositor, instructed us to perform no procedures,
j.
A draft of the preliminary confidential offering circular for the Issuing Entity’s securitization transaction (the “Draft Preliminary Offering Circular”) and
k.
Instructions, assumptions and methodologies, which are described in Attachment A.



 
 Page 3 of 4

The procedures included in Attachment A were limited to comparing or recalculating certain information that is further described in Attachment A.  The Depositor is responsible for the Subject Matter, Data Files, Mortgage Loan Source Documents, Property Sources, Property Sampling Schedule, Property Sample Characteristics, Compared Mortgage Loan Characteristics, Recalculated Characteristics, Provided Mortgage Loan Characteristics, Draft Preliminary Offering Circular and the determination of the instructions, assumptions and methodologies that are described herein.  We were not requested to perform, and we have not performed, any procedures other than those listed in Attachment A with respect to the Data Files.  We have not verified, and we make no representation as to, the appropriateness, accuracy, completeness or reasonableness of the Mortgage Loan Source Documents, Property Sources, Property Sampling Schedule, Provided Mortgage Loan Characteristics, Draft Preliminary Offering Circular or any other information provided to us by CoreVest, on behalf of the Depositor, upon which we relied in forming our findings.  Accordingly, we make no representation and express no opinion or conclusion as to: (a) the existence of the Mortgage Loans and Mortgaged Properties, (b) questions of legal or tax interpretation or (c) the appropriateness, accuracy, completeness or reasonableness of any instructions, assumptions and methodologies provided to us by CoreVest, on behalf of the Depositor, that are described in this report.  We undertake no responsibility to update this report for events and circumstances occurring after the date hereof.

This agreed-upon procedures engagement was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants (the “AICPA”).  An agreed-upon procedures engagement involves the practitioner performing specific procedures that the Specified Parties have agreed to and acknowledged to be appropriate for the purpose of the engagement and reporting on findings based on the procedures performed.  We were not engaged to, and did not, conduct an examination to express an opinion or a review to express a conclusion in accordance with attestation standards established by the AICPA on any of the items referred to herein.  Accordingly, we do not express such an opinion or conclusion.  Had we performed additional procedures, other matters might have come to our attention that would have been reported to you.

The agreed-upon procedures described in this report were not performed for the purpose of:
a.
Satisfying any criteria for due diligence published by a nationally recognized statistical rating organization (a “rating agency”) or
b.
Making any findings with respect to:

i.
Whether the origination of the Mortgage Loans conformed to, or deviated from, stated underwriting or credit extension guidelines, standards, criteria, or other requirements,

ii.
The value of the collateral securing the Mortgage Loans,

iii.
Whether the originator(s) of the Mortgage Loans complied with federal, state or local laws or regulations or

iv.
Any other factor or characteristic of the Mortgage Loans or Mortgaged Properties would be material to the likelihood that the issuer of the Certificates will pay interest and principal in accordance with applicable terms and conditions.




 
 Page 4 of 4

We are required to be independent of the Depositor and to meet our other ethical responsibilities, as applicable for agreed-upon procedures engagements set forth in the Preface: Applicable to All Members and Part 1 – Members in Public Practice of the Code of Professional Conduct established by the AICPA.  Independence requirements for agreed‑upon procedure engagements are less restrictive than independence requirements for audit and other attestation services.

This report is intended solely for the information and use of the Specified Parties and is not intended to be, and should not be, used by anyone other than the Specified Parties.  It is not intended to be, and should not be, used by any other person or entity, including investors and rating agencies, who are not identified in the report as Specified Parties, but who may have access to this report as required by law or regulation.

/s/ Ernst & Young LLP


13 October 2021



 
Attachment A
 Page 1 of 9

Background


For the purpose of the procedures described in this report, CoreVest, on behalf of the Depositor, indicated that:
a.
The primary assets of the Issuing Entity will be 70 fixed-rate mortgage loans (the “Mortgage Loans”) and
b.
The Mortgage Loans are secured by first liens on 1,982 mortgaged properties (the “Mortgaged Properties”) which consist of:
i.
1,312 single-family residential properties,
ii.
259 2-4 unit residential properties,
iii.
209 townhomes,
iv.
132 condominiums,
v.
58 multifamily properties and
vi.
12 mixed use properties.

Procedures performed and our associated findings

1.
CoreVest, on behalf of the Depositor, provided us with electronic data files:
a.
Labeled “Active Term Data Tape 2021-3 v57 - Sent to EY.xlsm” and the corresponding record layout and decode information (“Preliminary Property Data File 1”) that CoreVest, on behalf of the Depositor, indicated contains information relating to 1,009 mortgaged properties (the “Preliminary Properties 1”) that secure 40 mortgage loans (the “Preliminary Mortgage Loans 1”),
b.
Labeled “Active Term Data Tape 2021-3 v85 - Sent to EY.xlsm” and the corresponding record layout and decode information (“Preliminary Property Data File 2”) that CoreVest, on behalf of the Depositor, indicated contains information relating to 1,840 mortgaged properties (the “Preliminary Properties 2”) that secure 67 mortgage loans (the “Preliminary Mortgage Loans 2”) and
c.
Labeled “Active Term Data Tape 2021-3 v99 - Sent to EY.xlsm” and the corresponding record layout and decode information (“Preliminary Property Data File 3,” together with Preliminary Property Data File 1 and Preliminary Property Data File 2, the “Preliminary Property Data Files,” which together with the Final Property Data File (as defined herein) comprise the Property Data Files) that CoreVest, on behalf of the Depositor, indicated contains information relating to 1,982 mortgaged properties (the “Preliminary Properties 3,” together with the Preliminary Properties 1 and Preliminary Properties 2, the “Preliminary Properties”) that secure 70 mortgage loans (the “Preliminary Mortgage Loans 3,” together with the Preliminary Mortgage Loans 1 and Preliminary Mortgage Loans 2, the “Preliminary Mortgage Loans”).
As instructed by CoreVest, on behalf of the Depositor, we selected a sample of:
a.
Preliminary Properties 1 from Preliminary Property Data File 1,
b.
Preliminary Properties 2 from Preliminary Property Data File 2 and
c.
Preliminary Properties 3 from Preliminary Property Data File 3
using the sample selection methodology provided by CoreVest, on behalf of the Depositor, that is described in the succeeding paragraph(s) of this Item.


 
Attachment A
 Page 2 of 9

1. (continued)

For each of the:
a.
40 Preliminary Mortgage Loans 1,
b.
28 Preliminary Mortgage Loans 2 and
c.
7 Preliminary Mortgage Loans 3
listed on the Property Sampling Schedule, CoreVest, on behalf of the Depositor, instructed us to:
i.
Multiply 25% by the number of Preliminary Properties which secure such Preliminary Mortgage Loan,
ii.
Round the value computed in i. above up to the nearest integer and
iii.
Select a random sample of Preliminary Properties from the applicable Preliminary Property Data File equal to the number computed in ii. above from the population of Preliminary Properties which:
1)
Secure such Preliminary Mortgage Loan and
2)
Have “Y” for the “Parent” characteristic, as shown on the applicable Preliminary Property Data File.

The application of the sample selection methodology described in the preceding paragraph of this Item resulted in the selection of:
a.
304 Preliminary Properties 1 from Preliminary Property Data File 1 (the “Sample Properties 1”),
b.
323 Preliminary Properties 2 from Preliminary Property Data File 2 (the “Sample Properties 2”) and
c.
154 Preliminary Properties 3 from Preliminary Property Data File 3 (the “Sample Properties 3,” together with the Sample Properties 1 and Sample Properties 2, the “Sample Properties”).

The Sample Properties are shown on Exhibit 1 to Attachment A.  For the purpose of this procedure, CoreVest, on behalf of the Depositor, did not inform us as to the basis for the instructions or methodology they instructed us to use to select the Sample Properties from the Preliminary Property Data Files or the basis for the inclusion of the:
a.
40 Preliminary Mortgage Loans 1,
b.
28 Preliminary Mortgage Loans 2 and
c.
7 Preliminary Mortgage Loans 3
on the Property Sampling Schedule.  We performed no procedures relating to any Preliminary Mortgage Loan that was not included on the Property Sampling Schedule.

For the purpose of the procedures described in this report, the:
a.
304 Sample Properties 1 are referred to as Sample Property Numbers 1 through 304,
b.
323 Sample Properties 2 are referred to as Sample Property Numbers 305 through 627 and
c.
154 Sample Properties 3 are referred to as Sample Property Numbers 628 through 781.



 
Attachment A
 Page 3 of 9

2.
For each Sample Property, we compared the characteristics listed on Exhibit 3 to Attachment A (the “Base Property Sample Characteristics”), as shown on the applicable Preliminary Property Data File, to the corresponding information located in the Property Source Documents that were provided by CoreVest, on behalf of the Depositor, subject to the instructions, assumptions and methodologies provided by CoreVest, on behalf of the Depositor, that are described in the notes to Exhibit 3 to Attachment A.  The Property Source Document(s) that we were instructed by CoreVest, on behalf of the Depositor, to use for each Base Property Sample Characteristic are indicated on Exhibit 3 to Attachment A.  Except for the information shown on Exhibit 4 to Attachment A, all such compared information was in agreement.

3.
CoreVest, on behalf of the Depositor, provided us with an electronic data file labeled “Active Term Data Tape 2021-3 v120 - sent to EY.xlsm” and the corresponding record layout and decode information (the “Final Property Data File”) that CoreVest, on behalf of the Depositor, indicated contains information relating to the Mortgage Loans and Mortgaged Properties as of the related due date of each Mortgage Loan in October 2021 (the “Cut-Off Date”).

We compared the property identification number (the “Property ID”) for each Sample Property, as shown on the applicable Preliminary Property Data File, to the corresponding Property ID, as shown on the Final Property Data File, and noted that:
a.
719 of the Mortgaged Properties included on the Final Property Data File were Sample Properties (the “Final Sample Properties”) and
b.
62 Sample Properties were not included on the Final Property Data File (the “Removed Sample Properties”), which are shown on Exhibit 1 to Attachment A.

4.
For each Final Sample Property, we compared the Base Property Sample Characteristics listed on Exhibit 3 to Attachment A, as shown on the Final Property Data File, to the corresponding information that we identified in performing the procedures described in Item 2.  All such compared information was in agreement.

For the purpose of the procedures described in this Item, all references to the “Sample Properties” in the notes to Exhibit 3 to Attachment A refer to the “Final Sample Properties.”

5.
For each Mortgaged Property, we compared the “closest MSA” characteristic (the “Closest MSA Property Sample Characteristic,” which together with the Base Property Sample Characteristics comprise the Property Sample Characteristics), as shown on the Final Property Data File, to the metropolitan statistical area information on the MSA Support File for the corresponding “zip code,” as shown on the Final Property Data File.  All such compared information was in agreement.



 
Attachment A
 Page 4 of 9

6.
CoreVest, on behalf of the Depositor, provided us with an electronic data file and the corresponding record layout and decode information (the “Preliminary Mortgage Loan Data File”) that CoreVest, on behalf of the Depositor, indicated contains information relating to the Mortgage Loans as of the Cut‑Off Date.

We performed certain procedures on earlier versions of the Data Files and communicated differences prior to being provided the Data Files which were subjected to the procedures as described herein.

For each Mortgage Loan on the Preliminary Mortgage Loan Data File, we compared the Compared Mortgage Loan Characteristics listed on Exhibit 5 to Attachment A, as shown on the Preliminary Mortgage Loan Data File, to the corresponding information located in the Mortgage Loan Source Documents that were provided by CoreVest, on behalf of the Depositor, subject to the instructions, assumptions and methodologies described in the notes to Exhibit 5 to Attachment A and the succeeding paragraph(s) of this Item.

The Mortgage Loan Source Document(s) that CoreVest, on behalf of the Depositor, instructed us to use for each Compared Mortgage Loan Characteristic are indicated on Exhibit 5 to Attachment A.  If more than one Mortgage Loan Source Document is listed for a Compared Mortgage Loan Characteristic, CoreVest, on behalf of the Depositor, instructed us to note agreement if the value on the Preliminary Mortgage Loan Data File for the Compared Mortgage Loan Characteristic agreed with the corresponding information on at least one of the Mortgage Loan Source Documents that are listed for such Compared Mortgage Loan Characteristic on Exhibit 5 to Attachment A (except as described in the notes to Exhibit 5 to Attachment A).  We performed no procedures to reconcile any differences that may exist between various Mortgage Loan Source Documents for any of the Compared Mortgage Loan Characteristics listed on Exhibit 5 to Attachment A.

7.
As instructed by CoreVest, on behalf of the Depositor, we adjusted the information on the Preliminary Mortgage Loan Data File to correct all the differences we noted in performing the procedures described in the Item above and provided a list of such differences to CoreVest.  The Preliminary Mortgage Loan Data File, as so adjusted, is hereinafter referred to as the “Updated Mortgage Loan Data File.”

8.
Subsequent to the performance of the procedures described in Items 6. and 7. above, CoreVest, on behalf of the Depositor, provided us with an electronic data file and the corresponding record layout and decode information (the “Final Mortgage Loan Data File,” which together with the Preliminary Mortgage Loan Data File comprise the Mortgage Loan Data Files) that CoreVest, on behalf of the Depositor, indicated contains information relating the Mortgage Loans as of the Cut‑Off Date.

Using information on the:
a.
Final Mortgage Loan Data File and
b.
Updated Mortgage Loan Data File
for each Mortgage Loan, we compared each Compared Mortgage Loan Characteristic listed on Exhibit 5 to Attachment A, as shown on the Final Mortgage Loan Data File, to the corresponding information on the Updated Mortgage Loan Data File.  All such compared information was in agreement.



 
Attachment A
 Page 5 of 9

9.
Using the:
a.
First Payment Date and
b.
Initial Maturity Date,
as shown on the Final Mortgage Loan Data File, we recalculated the “Original Term to Maturity (months)” of each Mortgage Loan.  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.

10.
Using the:
a.
Mortgage Loan Initial Funded Amount ($),
b.
Interest Rate (adjusted as described in the succeeding paragraph(s) of this Item, as applicable) and
c.
Monthly Debt Service ($),
as shown on the Final Mortgage Loan Data File, and assuming that each Mortgage Loan has a fixed level monthly payment, we recalculated the “Original Amortization Term (months)” of each Mortgage Loan (except for any Interest Only Mortgage Loan (as defined herein), which are described in the succeeding paragraph(s) of this Item).  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.

For the purpose of the “Original Amortization Term (months)” recalculation described above for each Mortgage Loan (except for any Interest Only Mortgage Loan), all of which have an “Interest Rate Accrual” of “Actual/360,” as shown on the Final Mortgage Loan Data File, CoreVest, on behalf of the Depositor, instructed us to divide the “Interest Rate,” as shown on the Final Mortgage Loan Data File, by twelve (12) and then multiply by a fraction equal to 365/360.

For any Interest Only Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use “N/A” for the “Original Amortization Term (months)” characteristic.

We performed no procedures to determine the appropriateness, accuracy, completeness or reasonableness of the instructions, assumptions and methodologies provided by CoreVest, on behalf of the Depositor, that are described in the preceding paragraph(s) of this Item.

11.
Using the “First Payment Date,” as shown on the Final Mortgage Loan Data File, we recalculated the “Seasoning (months)” of each Mortgage Loan as of the Cut‑Off Date.  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.



 
Attachment A
 Page 6 of 9

12.
Using the:
a.
Mortgage Loan Initial Funded Amount ($),
b.
Interest Rate Accrual,
c.
Seasoning (months),
d.
IO Term (months),
e.
First Payment Date,
f.
Initial Maturity Date,
g.
Interest Rate and
h.
Monthly Debt Service ($),
as shown on the Final Mortgage Loan Data File, we recalculated the principal balance of each Mortgage Loan as of:
i.
The Cut‑Off Date (the “Cut-Off Date Principal Balance”) and
ii.
The “Initial Maturity Date” of the Mortgage Loan (the “Maturity Date Balance”),
assuming all scheduled payments of principal and/or interest on the Mortgage Loans are made and that there are no prepayments or other unscheduled collections.  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.

For the purpose of this procedure, CoreVest, on behalf of the Depositor, instructed us to:
a.
Ignore differences of +/- $1.00 or less and
b.
Recalculate the “Maturity Date Balance” as the aggregate principal balance that is scheduled to be paid on the “Initial Maturity Date” of the Mortgage Loan, including any principal component of the related “Monthly Debt Service ($),” as shown on the Final Mortgage Loan Data File, on the “Initial Maturity Date.”

We performed no procedures to determine the appropriateness, accuracy, completeness or reasonableness of the instructions, assumptions and methodologies provided by CoreVest, on behalf of the Depositor, that are described in the preceding paragraph(s) of this Item.

13.
Using the “Cut-Off Date Principal Balance,” as shown on the Final Mortgage Loan Data File, we recalculated the “% of Pool” of each Mortgage Loan.  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.

14.
Using the:
a.
Original Term to Maturity (months) and
b.
Seasoning (months),
as shown on the Final Mortgage Loan Data File, we recalculated the “Remaining Term (months)” of each Mortgage Loan.  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.



 
Attachment A
 Page 7 of 9

15.
Using the:
a.
IO Term (months),
b.
Original Amortization Term (months) and
c.
Seasoning (months),
as shown on the Final Mortgage Loan Data File, we recalculated the “Remaining Amortization Term (months)” of each Mortgage Loan (except for any Interest Only Mortgage Loan, which are described in the succeeding paragraph(s) of this Item).  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.

For any Interest Only Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use “N/A” for the “Remaining Amortization Term (months)” characteristic.

16.
Using the:
a.
IO Term (months) and
b.
Seasoning (months),
as shown on the Final Mortgage Loan Data File, we recalculated the “Remaining IO Term (months)” of each Mortgage Loan (except for any Amortizing Balloon Mortgage Loan (as defined herein), which are described in the succeeding paragraph(s) of this Item).  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.

For any Amortizing Balloon Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use “N/A” for the “Remaining IO Term (months)” characteristic.

17.
Using the “Monthly Debt Service ($),” as shown on the Final Mortgage Loan Data File, we recalculated the “Annualized Debt Service Payment ($)” of each Mortgage Loan as twelve (12) times the “Monthly Debt Service ($),” as shown on the Final Mortgage Loan Data File.  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.

18.
Using the:
a.
Servicing Fee Rate,
b.
Trustee/Note Administrator Fee Rate and
c.
CREFC® License Fee Rate,
as shown on the Final Mortgage Loan Data File, we recalculated the “Administrative Fee Rate” of each Mortgage Loan.  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.

19.
Using the:
a.
Interest Rate and
b.
Administrative Fee Rate,
as shown on the Final Mortgage Loan Data File, we recalculated the “Net Mortgage Rate” of each Mortgage Loan.  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.



 
Attachment A
 Page 8 of 9

20.
Using:
a.
Information on the Final Mortgage Loan Data File and
b.
The applicable calculation methodologies and assumptions described in the Draft Preliminary Offering Circular,
we recalculated the:
i.
Mortgage Loan UW NOI DSCR,
ii.
Mortgage Loan UW NCF DSCR,
iii.
NOI DSCR as of 6/30,
iv.
NCF DSCR as of 6/30,
v.
Mortgage Loan Cutoff NOI Debt Yield,
vi.
Mortgage Loan Cutoff NCF Debt Yield,
vii.
NCF Debt Yield as of 6/30,
viii.
Origination Date LTV Ratio,
ix.
Cut-Off Date LTV Ratio and
x.
Maturity Date LTV Ratio
of each Mortgage Loan.  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.  For the purpose of this procedure, CoreVest, on behalf of the Depositor, instructed us to round the characteristics listed in i. through iv. above to two decimal places and the characteristics listed in v. through x. above to the nearest 1/10th of one percent.

21.
Using the:
a.
Original Yield Maintenance Period and
b.
Seasoning (months),
as shown on the Final Mortgage Loan Data File, we recalculated the “Current Yield Maintenance Period” of each Yield Maintenance Mortgage Loan (as defined herein).  We compared this recalculated information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.

For any Mortgage Loan that is not a Yield Maintenance Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use “N/A” for the “Current Yield Maintenance Period” characteristic.

22.
Using the “Guarantor,” as shown on the Final Mortgage Loan Data File, we identified those Mortgage Loans that have at least one common “Guarantor” (the “Related Guarantor Loans”).  We compared the “Related Guarantor Loan” information to the corresponding information on the Final Mortgage Loan Data File and found such information to be in agreement.

23.
For each Mortgaged Property, we compared the “Closing Date Allocated Loan Amount” characteristic, as shown on the Final Property Data File, to the corresponding information in the loan agreement Mortgage Loan Source Document for the related Mortgage Loan and found all such compared information to be in agreement.  For the purpose of this procedure, CoreVest, on behalf of the Depositor, instructed us to ignore differences of +/- $1.00 or less.



 
Attachment A
 Page 9 of 9

24.
Using the “Closing Date Allocated Loan Amount,” as shown on the Final Property Data File, we recalculated the “Allocated Loan Amount %” of each Mortgaged Property.  We compared this recalculated information to the corresponding information on the Final Property Data File and found such information to be in agreement.

25.
Using the:
a.
Cut-Off Date Principal Balance and
b.
Maturity Date Balance,
as shown on the Final Mortgage Loan Data File, and the “Closing Date Allocated Loan Amount,” as shown on the Final Property Data File, we recalculated the principal balance of each Mortgaged Property as of the Cut-Off Date (the “Cut-Off Date Allocated Loan Amount”) and as of the “Initial Maturity Date” of the related Mortgage Loan (the “Maturity Date Allocated Loan Amount”), based on the calculation methodology provided by CoreVest, on behalf of the Depositor, that is described in the succeeding paragraph(s) of this Item.  We compared this recalculated information to the corresponding information on the Final Property Data File and found such information to be in agreement.  For the purpose of this procedure, CoreVest, on behalf of the Depositor, instructed us to ignore differences of +/- $1.00 or less.

For the purpose of this procedure, CoreVest, on behalf of the Depositor, instructed us to allocate the “Cut-Off Date Principal Balance” and “Maturity Date Balance” of each Mortgage Loan, as shown on the Final Mortgage Loan Data File, to the respective Mortgaged Properties that secure such Mortgage Loan on a pro-rata basis using the “Mortgage Loan Initial Funded Amount ($)” of the Mortgage Loans, as shown on the Final Mortgage Loan Data File, and “Closing Date Allocated Loan Amount” of the Mortgaged Properties, as shown on the Final Property Data File.



Exhibit 1 to Attachment A
 Page 1 of 4

Sample
Property
Number      
Loan ID       
Property ID             
Sample
Properties 1         
Sample
Properties 2        
Sample
Properties 3        
Removed
Sample
Properties            
Sample
Property
Number       
Loan ID       
Property ID         
Sample
Properties 1         
Sample
Properties 2        
Sample
Properties 3        
Removed
Sample
Properties            
1
34824
34824-1
X
     
106
36139
36139-10
X
     
2
35261
35261-1
X
     
107
36139
36139-18
X
     
3
35547
35547-18
X
     
108
36139
36139-4
X
     
4
35547
35547-14
X
     
109
36139
36139-13
X
     
5
35547
35547-12
X
     
110
36140
36140-8
X
     
6
35547
35547-16
X
     
111
36140
36140-4
X
     
7
35547
35547-2
X
     
112
36178
36178-8
X
     
8
35547
35547-9
X
     
113
36178
36178-7
X
     
9
35623
35623-57
X
     
114
36178
36178-6
X
     
10
35623
35623-22
X
     
115
36178
36178-1
X
     
11
35623
35623-26
X
     
116
36182
36182-2
X
     
12
35623
35623-64
X
     
117
36182
36182-1
X
     
13
35623
35623-99
X
     
118
36249
36249-5
X
     
14
35623
35623-23
X
     
119
36249
36249-10
X
     
15
35623
35623-67
X
     
120
36249
36249-6
X
     
16
35623
35623-11
X
     
121
36260
36260-30
X
     
17
35623
35623-68
X
     
122
36260
36260-26
X
     
18
35623
35623-3
X
     
123
36260
36260-10
X
     
19
35623
35623-94
X
     
124
36260
36260-2
X
     
20
35623
35623-78
X
     
125
36260
36260-35
X
     
21
35623
35623-19
X
     
126
36260
36260-25
X
     
22
35623
35623-49
X
     
127
36260
36260-28
X
     
23
35623
35623-46
X
     
128
36260
36260-15
X
     
24
35623
35623-37
X
     
129
36260
36260-24
X
     
25
35623
35623-76
X
     
130
36260
36260-23
X
     
26
35623
35623-13
X
     
131
36260
36260-21
X
     
27
35623
35623-63
X
     
132
36303
36303-6
X
     
28
35623
35623-18
X
     
133
36303
36303-1
X
     
29
35623
35623-61
X
     
134
36303
36303-5
X
     
30
35623
35623-5
X
     
135
36304
36304-5
X
     
31
35623
35623-75
X
     
136
36304
36304-2
X
     
32
35623
35623-82
X
     
137
36304
36304-3
X
     
33
35623
35623-96
X
     
138
36304
36304-1
X
     
34
35623
35623-41
X
     
139
36306
36306-5
X
     
35
35650
35650-27
X
     
140
36306
36306-4
X
     
36
35650
35650-11
X
     
141
36306
36306-3
X
     
37
35650
35650-15
X
     
142
36306
36306-1
X
     
38
35650
35650-2
X
     
143
36306
36306-7
X
     
39
35650
35650-4
X
     
144
36306
36306-6
X
     
40
35650
35650-17
X
     
145
36336
36336-70
X
   
X
41
35650
35650-29
X
     
146
36336
36336-147
X
   
X
42
35650
35650-25
X
     
147
36336
36336-94
X
   
X
43
35650
35650-24
X
     
148
36336
36336-80
X
   
X
44
35747
35747-67
X
     
149
36336
36336-63
X
   
X
45
35747
35747-57
X
     
150
36336
36336-17
X
   
X
46
35747
35747-72
X
     
151
36336
36336-97
X
   
X
47
35747
35747-13
X
     
152
36336
36336-74
X
   
X
48
35747
35747-49
X
     
153
36336
36336-34
X
   
X
49
35747
35747-71
X
     
154
36336
36336-136
X
   
X
50
35747
35747-24
X
     
155
36336
36336-111
X
   
X
51
35747
35747-20
X
     
156
36336
36336-55
X
   
X
52
35747
35747-46
X
     
157
36336
36336-86
X
   
X
53
35747
35747-16
X
     
158
36336
36336-101
X
   
X
54
35747
35747-42
X
     
159
36336
36336-83
X
   
X
55
35747
35747-3
X
     
160
36336
36336-143
X
   
X
56
35747
35747-31
X
     
161
36336
36336-126
X
   
X
57
35747
35747-10
X
     
162
36336
36336-20
X
   
X
58
35747
35747-40
X
     
163
36336
36336-129
X
   
X
59
35747
35747-6
X
     
164
36336
36336-154
X
   
X
60
35747
35747-60
X
     
165
36336
36336-115
X
   
X
61
35747
35747-23
X
     
166
36336
36336-152
X
   
X
62
35747
35747-80
X
     
167
36336
36336-7
X
   
X
63
35747
35747-30
X
     
168
36336
36336-57
X
   
X
64
35747
35747-29
X
     
169
36336
36336-137
X
   
X
65
35747
35747-68
X
     
170
36336
36336-31
X
   
X
66
35747
35747-7
X
     
171
36336
36336-149
X
   
X
67
35747
35747-82
X
     
172
36336
36336-54
X
   
X
68
35747
35747-59
X
     
173
36336
36336-132
X
   
X
69
35918
35918-1
X
     
174
36336
36336-124
X
   
X
70
35918
35918-3
X
     
175
36336
36336-102
X
   
X
71
35918
35918-6
X
     
176
36336
36336-134
X
   
X
72
35918
35918-2
X
     
177
36336
36336-38
X
   
X
73
35918
35918-5
X
     
178
36336
36336-145
X
   
X
74
35942
35942-1
X
     
179
36336
36336-24
X
   
X
75
35942
35942-20
X
     
180
36336
36336-88
X
   
X
76
35942
35942-18
X
     
181
36336
36336-50
X
   
X
77
35942
35942-12
X
     
182
36336
36336-144
X
   
X
78
35942
35942-24
X
     
183
36336
36336-39
X
   
X
79
35942
35942-41
X
     
184
36383
36383-9
X
     
80
35942
35942-31
X
     
185
36383
36383-3
X
     
81
35942
35942-49
X
     
186
36383
36383-12
X
     
82
35942
35942-14
X
     
187
36383
36383-6
X
     
83
35942
35942-32
X
     
188
36478
36478-4
X
     
84
35942
35942-25
X
     
189
36478
36478-2
X
     
85
35942
35942-10
X
     
190
36478
36478-3
X
     
86
35942
35942-22
X
     
191
36510
36510-6
X
     
87
35942
35942-45
X
     
192
36510
36510-2
X
     
88
35942
35942-37
X
     
193
36510
36510-3
X
     
89
35942
35942-46
X
     
194
36517
36517-16
X
     
90
35942
35942-35
X
     
195
36517
36517-4
X
     
91
35942
35942-3
X
     
196
36517
36517-11
X
     
92
35950
35950-1
X
     
197
36517
36517-17
X
     
93
36046
36046-12
X
     
198
36517
36517-5
X
     
94
36046
36046-1
X
     
199
36566
36566-2
X
     
95
36046
36046-9
X
     
200
36566
36566-3
X
     
96
36046
36046-5
X
     
201
36566
36566-5
X
     
97
36046
36046-4
X
     
202
36566
36566-6
X
     
98
36046
36046-16
X
     
203
36566
36566-7
X
     
99
36131
36131-17
X
     
204
36576
36576-4
X
     
100
36131
36131-16
X
     
205
36576
36576-2
X
     
101
36131
36131-13
X
     
206
36576
36576-11
X
     
102
36131
36131-3
X
     
207
36576
36576-6
X
     
103
36131
36131-5
X
     
208
36576
36576-21
X
     
104
36139
36139-21
X
     
209
36576
36576-34
X
     
105
36139
36139-5
X
     
210
36576
36576-13
X
     



Exhibit 1 to Attachment A
 Page 2 of 4

Sample
Property
Number      
Loan ID       
Property ID             
Sample
Properties 1         
Sample
Properties 2        
Sample
Properties 3        
Removed
Sample
Properties            
Sample
Property
Number       
Loan ID       
Property ID         
Sample
Properties 1         
Sample
Properties 2        
Sample
Properties 3        
Removed
Sample
Properties            
211
36576
36576-16
X
     
316
35288
35288-55
 
X
   
212
36576
36576-20
X
     
317
35288
35288-19
 
X
   
213
36576
36576-39
X
     
318
35288
35288-40
 
X
   
214
36576
36576-8
X
     
319
35288
35288-30
 
X
   
215
36576
36576-30
X
     
320
35288
35288-13
 
X
   
216
36644
36644-10
X
     
321
35288
35288-52
 
X
   
217
36644
36644-18
X
     
322
35288
35288-56
 
X
   
218
36644
36644-3
X
     
323
35288
35288-49
 
X
   
219
36644
36644-22
X
     
324
35288
35288-16
 
X
   
220
36644
36644-24
X
     
325
35359
35359-2
 
X
   
221
36644
36644-1
X
     
326
35359
35359-4
 
X
   
222
36644
36644-63
X
     
327
35359
35359-5
 
X
   
223
36644
36644-34
X
     
328
35665
35665-16
 
X
   
224
36644
36644-41
X
     
329
35665
35665-13
 
X
   
225
36644
36644-17
X
     
330
35665
35665-22
 
X
   
226
36644
36644-11
X
     
331
35665
35665-14
 
X
   
227
36644
36644-28
X
     
332
35665
35665-11
 
X
   
228
36644
36644-15
X
     
333
35665
35665-32
 
X
   
229
36644
36644-39
X
     
334
35665
35665-8
 
X
   
230
36644
36644-46
X
     
335
35665
35665-47
 
X
   
231
36644
36644-29
X
     
336
35665
35665-39
 
X
   
232
36644
36644-21
X
     
337
35665
35665-45
 
X
   
233
36644
36644-2
X
     
338
35665
35665-17
 
X
   
234
36644
36644-61
X
     
339
35665
35665-40
 
X
   
235
36644
36644-37
X
     
340
35665
35665-41
 
X
   
236
36644
36644-20
X
     
341
35665
35665-12
 
X
   
237
36659
36659-1
X
     
342
35665
35665-1
 
X
   
238
36679
36679-3
X
     
343
35665
35665-42
 
X
   
239
36679
36679-7
X
     
344
35665
35665-23
 
X
   
240
36715
36715-13
X
     
345
35665
35665-3
 
X
   
241
36715
36715-56
X
     
346
35665
35665-33
 
X
   
242
36715
36715-61
X
     
347
35665
35665-36
 
X
   
243
36715
36715-20
X
     
348
35665
35665-5
 
X
   
244
36715
36715-29
X
     
349
35665
35665-15
 
X
   
245
36715
36715-11
X
     
350
35665
35665-19
 
X
   
246
36715
36715-43
X
     
351
35665
35665-7
 
X
   
247
36715
36715-46
X
     
352
35665
35665-18
 
X
   
248
36715
36715-8
X
     
353
35665
35665-9
 
X
   
249
36715
36715-12
X
     
354
35665
35665-6
 
X
   
250
36715
36715-27
X
     
355
35665
35665-30
 
X
   
251
36715
36715-9
X
     
356
35665
35665-46
 
X
   
252
36715
36715-38
X
     
357
35665
35665-48
 
X
   
253
36715
36715-36
X
     
358
35665
35665-28
 
X
   
254
36715
36715-33
X
     
359
35665
35665-38
 
X
   
255
36715
36715-50
X
     
360
35665
35665-44
 
X
   
256
36715
36715-31
X
     
361
35665
35665-20
 
X
   
257
36715
36715-68
X
     
362
35665
35665-2
 
X
   
258
36738
36738-9
X
     
363
35665
35665-35
 
X
   
259
36738
36738-18
X
     
364
35665
35665-24
 
X
   
260
36738
36738-20
X
     
365
35665
35665-43
 
X
   
261
36738
36738-3
X
     
366
35665
35665-10
 
X
   
262
36738
36738-2
X
     
367
35665
35665-37
 
X
   
263
36738
36738-12
X
     
368
35665
35665-31
 
X
   
264
36738
36738-21
X
     
369
35665
35665-26
 
X
   
265
36738
36738-24
X
     
370
35665
35665-34
 
X
   
266
36738
36738-8
X
     
371
35665
35665-25
 
X
   
267
36738
36738-22
X
     
372
35665
35665-29
 
X
   
268
36765
36765-5
X
   
X
373
35665
35665-4
 
X
   
269
36765
36765-22
X
   
X
374
35665
35665-27
 
X
   
270
36765
36765-23
X
   
X
375
35665
35665-21
 
X
   
271
36765
36765-21
X
   
X
376
36180
36180-1
 
X
   
272
36765
36765-9
X
   
X
377
36180
36180-6
 
X
   
273
36765
36765-16
X
   
X
378
36180
36180-9
 
X
   
274
36765
36765-20
X
   
X
379
36180
36180-4
 
X
   
275
36776
36776-4
X
     
380
36193
36193-16
 
X
   
276
36776
36776-7
X
     
381
36193
36193-26
 
X
   
277
36776
36776-9
X
     
382
36193
36193-19
 
X
   
278
36779
36779-31
X
     
383
36193
36193-14
 
X
   
279
36779
36779-3
X
     
384
36193
36193-10
 
X
   
280
36779
36779-11
X
     
385
36193
36193-21
 
X
   
281
36779
36779-23
X
     
386
36193
36193-2
 
X
   
282
36779
36779-16
X
     
387
36193
36193-1
 
X
   
283
36779
36779-12
X
     
388
36193
36193-29
 
X
   
284
36779
36779-1
X
     
389
36385
36385-1
 
X
   
285
36779
36779-5
X
     
390
36385
36385-2
 
X
   
286
36779
36779-28
X
     
391
36443
36443-20
 
X
 
X
287
36866
36866-7
X
     
392
36443
36443-19
 
X
 
X
288
36866
36866-9
X
     
393
36443
36443-9
 
X
 
X
289
36866
36866-6
X
     
394
36443
36443-5
 
X
 
X
290
36923
36923-8
X
     
395
36443
36443-22
 
X
 
X
291
36923
36923-6
X
     
396
36443
36443-15
 
X
 
X
292
36923
36923-11
X
     
397
36443
36443-14
 
X
 
X
293
36923
36923-10
X
     
398
36447
36447-2
 
X
   
294
36923
36923-12
X
     
399
36447
36447-3
 
X
   
295
36923
36923-20
X
     
400
36447
36447-1
 
X
   
296
37013
37013-8
X
   
X
401
36447
36447-4
 
X
   
297
37013
37013-6
X
   
X
402
36470
36470-3
 
X
   
298
37013
37013-2
X
   
X
403
36470
36470-4
 
X
   
299
37013
37013-9
X
   
X
404
36470
36470-7
 
X
   
300
37023
37023-10
X
     
405
36470
36470-2
 
X
   
301
37023
37023-7
X
     
406
36470
36470-6
 
X
   
302
37023
37023-5
X
     
407
36470
36470-1
 
X
   
303
37456
37456-3
X
     
408
36470
36470-5
 
X
   
304
37456
37456-2
X
     
409
36489
36489-11
 
X
   
305
35288
35288-41
 
X
   
410
36489
36489-9
 
X
   
306
35288
35288-45
 
X
   
411
36489
36489-19
 
X
   
307
35288
35288-51
 
X
   
412
36489
36489-18
 
X
   
308
35288
35288-6
 
X
   
413
36489
36489-6
 
X
   
309
35288
35288-35
 
X
   
414
36489
36489-7
 
X
   
310
35288
35288-38
 
X
   
415
36624
36624-118
 
X
   
311
35288
35288-18
 
X
   
416
36624
36624-241
 
X
   
312
35288
35288-34
 
X
   
417
36624
36624-56
 
X
   
313
35288
35288-43
 
X
   
418
36624
36624-106
 
X
   
314
35288
35288-54
 
X
   
419
36624
36624-68
 
X
   
315
35288
35288-27
 
X
   
420
36624
36624-39
 
X
   



Exhibit 1 to Attachment A
 Page 3 of 4

Sample
Property
Number      
Loan ID       
Property ID             
Sample
Properties 1         
Sample
Properties 2        
Sample
Properties 3        
Removed
Sample
Properties            
Sample
Property
Number       
Loan ID       
Property ID         
Sample
Properties 1         
Sample
Properties 2        
Sample
Properties 3        
Removed
Sample
Properties            
421
36624
36624-77
 
X
   
526
36846
36846-6
 
X
   
422
36624
36624-171
 
X
   
527
36846
36846-15
 
X
   
423
36624
36624-271
 
X
   
528
36846
36846-19
 
X
   
424
36624
36624-134
 
X
   
529
36846
36846-26
 
X
   
425
36624
36624-231
 
X
   
530
36846
36846-20
 
X
   
426
36624
36624-183
 
X
   
531
36846
36846-12
 
X
   
427
36624
36624-185
 
X
   
532
36846
36846-7
 
X
   
428
36624
36624-158
 
X
   
533
36846
36846-9
 
X
   
429
36624
36624-136
 
X
   
534
36846
36846-8
 
X
   
430
36624
36624-115
 
X
   
535
36846
36846-25
 
X
   
431
36624
36624-224
 
X
   
536
36846
36846-5
 
X
   
432
36624
36624-37
 
X
   
537
36846
36846-11
 
X
   
433
36624
36624-119
 
X
   
538
36846
36846-23
 
X
   
434
36624
36624-117
 
X
   
539
36846
36846-4
 
X
   
435
36624
36624-16
 
X
   
540
36846
36846-24
 
X
   
436
36624
36624-198
 
X
   
541
36846
36846-10
 
X
   
437
36624
36624-71
 
X
   
542
36846
36846-28
 
X
   
438
36624
36624-264
 
X
   
543
36846
36846-18
 
X
   
439
36624
36624-290
 
X
   
544
36846
36846-21
 
X
   
440
36624
36624-232
 
X
   
545
36846
36846-1
 
X
   
441
36624
36624-128
 
X
   
546
36846
36846-17
 
X
   
442
36624
36624-207
 
X
   
547
36846
36846-22
 
X
   
443
36624
36624-274
 
X
   
548
36846
36846-3
 
X
   
444
36624
36624-138
 
X
   
549
36846
36846-16
 
X
   
445
36624
36624-155
 
X
   
550
36874
36874-2
 
X
   
446
36624
36624-226
 
X
   
551
36874
36874-1
 
X
   
447
36624
36624-144
 
X
   
552
36874
36874-3
 
X
   
448
36624
36624-141
 
X
   
553
36921
36921-2
 
X
   
449
36624
36624-272
 
X
   
554
36921
36921-3
 
X
   
450
36624
36624-12
 
X
   
555
36974
36974-10
 
X
   
451
36624
36624-102
 
X
   
556
36974
36974-15
 
X
   
452
36624
36624-103
 
X
   
557
36974
36974-16
 
X
   
453
36624
36624-245
 
X
   
558
36974
36974-20
 
X
   
454
36624
36624-201
 
X
   
559
36974
36974-19
 
X
   
455
36624
36624-147
 
X
   
560
36974
36974-22
 
X
   
456
36624
36624-10
 
X
   
561
37082
37082-1
 
X
   
457
36624
36624-300
 
X
   
562
37082
37082-2
 
X
   
458
36624
36624-48
 
X
   
563
37085
37085-7
 
X
   
459
36624
36624-99
 
X
   
564
37085
37085-17
 
X
   
460
36624
36624-323
 
X
   
565
37085
37085-2
 
X
   
461
36624
36624-87
 
X
   
566
37085
37085-19
 
X
   
462
36624
36624-24
 
X
   
567
37085
37085-3
 
X
   
463
36624
36624-286
 
X
   
568
37085
37085-18
 
X
   
464
36624
36624-85
 
X
   
569
37085
37085-16
 
X
   
465
36624
36624-57
 
X
   
570
37085
37085-21
 
X
   
466
36624
36624-293
 
X
   
571
37085
37085-15
 
X
   
467
36624
36624-320
 
X
   
572
37085
37085-1
 
X
   
468
36624
36624-70
 
X
   
573
37085
37085-4
 
X
   
469
36624
36624-42
 
X
   
574
37085
37085-14
 
X
   
470
36624
36624-315
 
X
   
575
37085
37085-10
 
X
   
471
36624
36624-40
 
X
   
576
37098
37098-2
 
X
   
472
36624
36624-64
 
X
   
577
37098
37098-4
 
X
   
473
36624
36624-316
 
X
   
578
37098
37098-1
 
X
   
474
36624
36624-268
 
X
   
579
37104
37104-2
 
X
   
475
36624
36624-151
 
X
   
580
37104
37104-1
 
X
   
476
36624
36624-14
 
X
   
581
37104
37104-4
 
X
   
477
36624
36624-287
 
X
   
582
37104
37104-3
 
X
   
478
36624
36624-304
 
X
   
583
37150
37150-4
 
X
   
479
36624
36624-94
 
X
   
584
37150
37150-1
 
X
   
480
36624
36624-298
 
X
   
585
37150
37150-2
 
X
   
481
36624
36624-101
 
X
   
586
37184
37184-3
 
X
   
482
36624
36624-256
 
X
   
587
37184
37184-5
 
X
   
483
36624
36624-248
 
X
   
588
37184
37184-1
 
X
   
484
36624
36624-212
 
X
   
589
37184
37184-4
 
X
   
485
36624
36624-92
 
X
   
590
37184
37184-2
 
X
   
486
36624
36624-111
 
X
   
591
37245
37245-19
 
X
 
X
487
36624
36624-121
 
X
   
592
37245
37245-3
 
X
 
X
488
36624
36624-124
 
X
   
593
37245
37245-15
 
X
 
X
489
36624
36624-17
 
X
   
594
37245
37245-18
 
X
 
X
490
36624
36624-81
 
X
   
595
37245
37245-1
 
X
 
X
491
36624
36624-217
 
X
   
596
37314
37314-12
 
X
   
492
36624
36624-306
 
X
   
597
37314
37314-49
 
X
   
493
36624
36624-195
 
X
   
598
37314
37314-16
 
X
   
494
36624
36624-192
 
X
   
599
37314
37314-54
 
X
   
495
36624
36624-157
 
X
   
600
37314
37314-11
 
X
   
496
36624
36624-246
 
X
   
601
37314
37314-3
 
X
   
497
36624
36624-100
 
X
   
602
37314
37314-41
 
X
   
498
36624
36624-181
 
X
   
603
37314
37314-44
 
X
   
499
36624
36624-227
 
X
   
604
37314
37314-42
 
X
   
500
36624
36624-45
 
X
   
605
37314
37314-29
 
X
   
501
36624
36624-160
 
X
   
606
37314
37314-64
 
X
   
502
36740
36740-13
 
X
   
607
37314
37314-33
 
X
   
503
36740
36740-24
 
X
   
608
37314
37314-21
 
X
   
504
36740
36740-20
 
X
   
609
37314
37314-24
 
X
   
505
36740
36740-31
 
X
   
610
37314
37314-22
 
X
   
506
36740
36740-11
 
X
   
611
37314
37314-48
 
X
   
507
36740
36740-8
 
X
   
612
37346
37346-30
 
X
   
508
36740
36740-23
 
X
   
613
37346
37346-6
 
X
   
509
36740
36740-29
 
X
   
614
37346
37346-8
 
X
   
510
36740
36740-27
 
X
   
615
37346
37346-12
 
X
   
511
36740
36740-33
 
X
   
616
37346
37346-20
 
X
   
512
36756
36756-1
 
X
   
617
37346
37346-2
 
X
   
513
36756
36756-2
 
X
   
618
37346
37346-14
 
X
   
514
36833
36833-4
 
X
   
619
37346
37346-29
 
X
   
515
36833
36833-14
 
X
   
620
37353
37353-15
 
X
   
516
36833
36833-13
 
X
   
621
37353
37353-4
 
X
   
517
36833
36833-1
 
X
   
622
37353
37353-6
 
X
   
518
36833
36833-2
 
X
   
623
37353
37353-9
 
X
   
519
36833
36833-18
 
X
   
624
37353
37353-1
 
X
   
520
36833
36833-11
 
X
   
625
37353
37353-3
 
X
   
521
36833
36833-3
 
X
   
626
37353
37353-12
 
X
   
522
36846
36846-2
 
X
   
627
37353
37353-16
 
X
   
523
36846
36846-27
 
X
   
628
36128
36128-153
   
X
 
524
36846
36846-14
 
X
   
629
36128
36128-143
   
X
 
525
36846
36846-13
 
X
   
630
36128
36128-86
   
X
 



Exhibit 1 to Attachment A
 Page 4 of 4

Sample
Property
Number      
Loan ID       
Property ID             
Sample
Properties 1         
Sample
Properties 2        
Sample
Properties 3        
Removed
Sample
Properties            
Sample
Property
Number       
Loan ID       
Property ID         
Sample
Properties 1         
Sample
Properties 2        
Sample
Properties 3        
Removed
Sample
Properties            
631
36128
36128-115
   
X
 
707
37599
37599-88
   
X
 
632
36128
36128-6
   
X
 
708
37599
37599-119
   
X
 
633
36128
36128-121
   
X
 
709
37599
37599-121
   
X
 
634
36128
36128-25
   
X
 
710
37599
37599-73
   
X
 
635
36128
36128-159
   
X
 
711
37599
37599-102
   
X
 
636
36128
36128-141
   
X
 
712
37599
37599-36
   
X
 
637
36128
36128-108
   
X
 
713
37599
37599-28
   
X
 
638
36128
36128-92
   
X
 
714
37599
37599-45
   
X
 
639
36128
36128-154
   
X
 
715
37599
37599-22
   
X
 
640
36128
36128-61
   
X
 
716
37599
37599-107
   
X
 
641
36128
36128-138
   
X
 
717
37599
37599-101
   
X
 
642
36128
36128-124
   
X
 
718
37599
37599-21
   
X
 
643
36128
36128-114
   
X
 
719
37599
37599-70
   
X
 
644
36128
36128-178
   
X
 
720
37599
37599-75
   
X
 
645
36128
36128-130
   
X
 
721
37599
37599-108
   
X
 
646
36128
36128-29
   
X
 
722
37599
37599-6
   
X
 
647
36128
36128-70
   
X
 
723
37599
37599-18
   
X
 
648
36128
36128-134
   
X
 
724
37599
37599-26
   
X
 
649
36128
36128-144
   
X
 
725
37599
37599-43
   
X
 
650
36128
36128-127
   
X
 
726
37599
37599-38
   
X
 
651
36128
36128-97
   
X
 
727
37599
37599-84
   
X
 
652
36128
36128-171
   
X
 
728
37599
37599-47
   
X
 
653
36128
36128-15
   
X
 
729
37599
37599-72
   
X
 
654
36128
36128-65
   
X
 
730
37599
37599-65
   
X
 
655
36128
36128-150
   
X
 
731
37599
37599-55
   
X
 
656
36128
36128-180
   
X
 
732
37599
37599-52
   
X
 
657
36128
36128-9
   
X
 
733
37599
37599-99
   
X
 
658
36128
36128-103
   
X
 
734
37599
37599-80
   
X
 
659
36128
36128-75
   
X
 
735
37599
37599-91
   
X
 
660
36128
36128-131
   
X
 
736
37599
37599-50
   
X
 
661
36128
36128-37
   
X
 
737
37599
37599-40
   
X
 
662
36128
36128-182
   
X
 
738
37599
37599-53
   
X
 
663
36128
36128-172
   
X
 
739
37599
37599-82
   
X
 
664
36128
36128-45
   
X
 
740
37599
37599-13
   
X
 
665
36128
36128-152
   
X
 
741
37599
37599-5
   
X
 
666
36128
36128-162
   
X
 
742
37599
37599-79
   
X
 
667
36128
36128-69
   
X
 
743
37599
37599-39
   
X
 
668
36128
36128-64
   
X
 
744
37599
37599-2
   
X
 
669
36128
36128-94
   
X
 
745
37599
37599-31
   
X
 
670
36128
36128-145
   
X
 
746
37599
37599-17
   
X
 
671
36128
36128-170
   
X
 
747
37599
37599-103
   
X
 
672
36128
36128-163
   
X
 
748
37599
37599-57
   
X
 
673
36128
36128-55
   
X
 
749
37599
37599-87
   
X
 
674
36128
36128-62
   
X
 
750
37599
37599-115
   
X
 
675
36128
36128-140
   
X
 
751
37599
37599-19
   
X
 
676
36174
36174-4
   
X
 
752
37599
37599-9
   
X
 
677
36174
36174-3
   
X
 
753
37599
37599-25
   
X
 
678
36174
36174-2
   
X
 
754
37599
37599-56
   
X
 
679
36174
36174-1
   
X
 
755
37599
37599-37
   
X
 
680
36673
36673-2
   
X
 
756
37599
37599-62
   
X
 
681
36673
36673-1
   
X
 
757
37599
37599-98
   
X
 
682
37299
37299-2
   
X
 
758
37599
37599-51
   
X
 
683
37299
37299-1
   
X
 
759
37599
37599-7
   
X
 
684
37326
37326-24
   
X
 
760
37599
37599-58
   
X
 
685
37326
37326-2
   
X
 
761
37599
37599-68
   
X
 
686
37326
37326-4
   
X
 
762
37599
37599-29
   
X
 
687
37326
37326-20
   
X
 
763
37599
37599-3
   
X
 
688
37326
37326-14
   
X
 
764
37599
37599-10
   
X
 
689
37326
37326-8
   
X
 
765
37599
37599-33
   
X
 
690
37326
37326-12
   
X
 
766
37599
37599-71
   
X
 
691
37326
37326-22
   
X
 
767
37599
37599-78
   
X
 
692
37326
37326-9
   
X
 
768
37661
37661-21
   
X
 
693
37599
37599-1
   
X
 
769
37661
37661-4
   
X
 
694
37599
37599-85
   
X
 
770
37661
37661-28
   
X
 
695
37599
37599-74
   
X
 
771
37661
37661-2
   
X
 
696
37599
37599-41
   
X
 
772
37661
37661-16
   
X
 
697
37599
37599-89
   
X
 
773
37661
37661-10
   
X
 
698
37599
37599-77
   
X
 
774
37661
37661-17
   
X
 
699
37599
37599-61
   
X
 
775
37661
37661-27
   
X
 
700
37599
37599-11
   
X
 
776
37661
37661-13
   
X
 
701
37599
37599-48
   
X
 
777
37661
37661-9
   
X
 
702
37599
37599-96
   
X
 
778
37661
37661-23
   
X
 
703
37599
37599-76
   
X
 
779
37661
37661-29
   
X
 
704
37599
37599-95
   
X
 
780
37661
37661-3
   
X
 
705
37599
37599-97
   
X
 
781
37661
37661-15
   
X
 
706
37599
37599-27
   
X
               



Exhibit 2 to Attachment A
 Page 1 of 2

Property Sampling Schedule

 
Mortgage Loan Population 
Loan ID provided by CoreVest
 
       
 
Preliminary Mortgage Loans 1
34824
 
   
35261
 
   
35547
 
   
35623
 
   
35650
 
   
35747
 
   
35918
 
   
35942
 
   
35950
 
   
36046
 
   
36131
 
   
36139
 
   
36140
 
   
36178
 
   
36182
 
   
36249
 
   
36260
 
   
36303
 
   
36304
 
   
36306
 
   
36336
 
   
36383
 
   
36478
 
   
36510
 
   
36517
 
   
36566
 
   
36576
 
   
36644
 
   
36659
 
   
36679
 
   
36715
 
   
36738
 
   
36765
 
   
36776
 
   
36779
 
   
36866
 
   
36923
 
   
37013
 
   
37023
 
   
37456
 



Exhibit 2 to Attachment A
 Page 2 of 2

 
Mortgage Loan Population 
Loan ID provided by CoreVest
 
       
 
Preliminary Mortgage Loans 2
35288
 
   
35359
 
   
35665
 
   
36180
 
   
36193
 
   
36385
 
   
36443
 
   
36447
 
   
36470
 
   
36489
 
   
36624
 
   
36740
 
   
36756
 
   
36833
 
   
36846
 
   
36874
 
   
36921
 
   
36974
 
   
37082
 
   
37085
 
   
37098
 
   
37104
 
   
37150
 
   
37184
 
   
37245
 
   
37314
 
   
37346
 
   
37353
 
       
 
Preliminary Mortgage Loans 3
36128
 
   
36174
 
   
36673
 
   
37299
 
   
37326
 
   
37599
 
   
37661
 



Exhibit 3 to Attachment A
 Page 1 of 3


Base Property Sample Characteristics and Property Source Documents


Base Property Sample Characteristic
Property Source Document(s)
Notes
     
Address (Street)
Appraisal or BPO
1., 2., 3.
City
Appraisal or BPO
1., 2.
Cut-Off Date Valuation Date
Appraisal or BPO
1., 2.
Cut-Off Date Valuation Type
Appraisal or BPO
1., 2., 4.
Cut-Off Date Value
(a) Appraisal or BPO or
(b) Appraisal and recalculation
1., 2.
Number Bedrooms
 
(a) Appraisal or BPO or
(b) Appraisal or BPO and recalculation
1., 2., 5.
Number of Bathrooms
(a) Appraisal or BPO or
(b) Appraisal or BPO and recalculation
1., 2., 6.
Number of Units
Appraisal or BPO
1., 2.
Property Type
Appraisal or BPO
1., 2., 7.
State
Appraisal or BPO
1., 2.
Swimming Pool (Y/N)
Appraisal or BPO
1., 2., 8.
Total Square Footage
(a) Appraisal or BPO or
(b) Appraisal or BPO and recalculation
1., 2., 9.
Year Built
(a) Appraisal or BPO or
(b) Appraisal or BPO and recalculation
1., 2., 10.
Zip Code
Appraisal or BPO
1., 2., 11.

Notes:

1.
For each Sample Property for which CoreVest, on behalf of the Depositor, provided more than one Appraisal and/or BPO Property Source Document, CoreVest, on behalf of the Depositor, instructed us to use the Appraisal and/or BPO Property Source Document with the most recent valuation date.

2.
With respect to certain Sample Properties, the applicable Property Source Document contains conflicting information relating to certain Base Property Sample Characteristics.  For such Sample Properties, CoreVest, on behalf of the Depositor, instructed us to note agreement if the information on the Property Data File for a Base Property Sample Characteristic agreed with any of the information on the corresponding Property Source Document which relates to such Base Property Sample Characteristic.  We performed no procedures to reconcile any conflicting information which exists on the Property Source Documents for any of the Base Property Sample Characteristics.

3.
For the purpose of comparing the “Address (Street)” Base Property Sample Characteristic, CoreVest, on behalf of the Depositor, instructed us to ignore differences that are due to truncation, abbreviation or punctuation.


Exhibit 3 to Attachment A
 Page 2 of 3

Notes: (continued)

4.
CoreVest, on behalf of the Depositor, indicated that the four possible values for the “Cut‑Off Date Valuation Type” Base Property Sample Characteristic are “Appraisal,” “Exterior Appraisal,” “Interior Desktop Appraisal” and “Interior RAR.”  For the purpose of comparing the “Cut‑Off Date Valuation Type” Base Property Sample Characteristic for each Sample Property where the applicable Property Source Document did not specifically state “Appraisal,” “Exterior Appraisal,” “Interior Desktop Appraisal” and “Interior RAR,” CoreVest, on behalf of the Depositor, instructed us to use “Exterior Appraisal.”

For the purpose of comparing the “Cut-Off Date Valuation Type” Base Property Sample Characteristic, CoreVest, on behalf of the Depositor, further instructed us to note agreement with a value of “Interior Desktop Appraisal” or “Interior RAR,” as shown on the Property Data File, if the applicable Property Source Document specifically indicates any of “Interior Desktop Appraisal” or “Interior RAR.”

5.
For the purpose of comparing the “Number Bedrooms” Base Property Sample Characteristic, CoreVest, on behalf of the Depositor, provided the following instructions:
a.
For each Sample Property with the “Number of Units” value equal to 1, as shown on the Property Data File, compare the “Number Bedrooms,” as shown on the Property Data File, to the corresponding information in the applicable Property Source Document and
b.
For each Sample Property with the “Number of Units” value greater than 1, as shown on the Property Data File:
i.
Recalculate the “Number Bedrooms” for the Sample Property as the sum of the “Number Bedrooms” for all units corresponding to such Sample Property, as shown on the Property Data File, and
ii.
Compare the result of i. above to the corresponding information in the applicable Property Source Document.

6.
For the purpose of comparing the “Number of Bathrooms” Base Property Sample Characteristic, CoreVest, on behalf of the Depositor, provided the following instructions:
a.
For each Sample Property with the “Number of Units” value equal to 1, as shown on the Property Data File, compare the “Number of Bathrooms,” as shown on the Property Data File, to the corresponding information in the applicable Property Source Document and
b.
For each Sample Property with the “Number of Units” value greater than 1, as shown on the Property Data File:
i.
Recalculate the “Number of Bathrooms” for the Sample Property as the sum of the “Number of Bathrooms” for all units corresponding to such Sample Property, as shown on the Property Data File, and
ii.
Compare the result of i. above to the corresponding information in the applicable Property Source Document.



Exhibit 3 to Attachment A
 Page 3 of 3

Notes: (continued)

7.
For the purpose of comparing the “Property Type” Base Property Sample Characteristic for each Sample Property with an attached unit or a semi-attached unit with a design style of “row house,” “colonial,” “duplex” or “twin,” as shown in the applicable Property Source Document, CoreVest, on behalf of the Depositor, instructed us to use “townhome.”

8.
For the purpose of comparing the “Swimming Pool (Y/N)” Base Property Sample Characteristic for each Sample Property for which the applicable Property Source Document did not specifically state if the Sample Property has a swimming pool, CoreVest, on behalf of the Depositor, instructed us to use “N.”

9.
For the purpose of comparing the “Total Square Footage” Base Property Sample Characteristic for each Sample Property, CoreVest, on behalf of the Depositor, provided the following instructions:
a.
For each Sample Property with the “Number of Units” value equal to 1, as shown on the Property Data File, compare the “Total Square Footage,” as shown on the Property Data File, to the corresponding information in the applicable Property Source Document and
b.
For each Sample Property with the “Number of Units” value greater than 1, as shown on the Property Data File:
i.
Recalculate the “Total Square Footage” for the Sample Property as the sum of the “Total Square Footage” for all units corresponding to such Sample Property, as shown on the Property Data File, and
ii.
Compare the result of i. above to the corresponding information in the applicable Property Source Document.
 
10.
For the purpose of comparing the “Year Built” Base Property Sample Characteristic for each Sample Property for which the applicable Property Source Document did not specifically state the year built, CoreVest, on behalf of the Depositor, instructed us to recalculate the “Year Built” of each Sample Property by subtracting the property age (in years), as shown in the applicable Property Source Document, from the year of the “Cut‑Off Date Valuation Date,” as shown on the Property Data File.

11.
For the purpose of comparing the “Zip Code” Base Property Sample Characteristic for each Sample Property, CoreVest, on behalf of the Depositor, instructed us to compare only the first five digits of the property zip code, as shown in the applicable Property Source Document.

We performed no procedures to determine the appropriateness, accuracy, completeness or reasonableness of the instructions, assumptions and methodologies provided by CoreVest, on behalf of the Depositor, that are described in the notes above.




Exhibit 4 to Attachment A
 Page 1 of 9

Sample Property Base Property Sample Characteristic Differences

Sample
Property
Number 
Base Property Sample
Characteristic 
Preliminary
Property
Data File Value 
Property
Source Document Value 
       
33
Cut-Off Date Valuation Date
4/28/2021
4/30/2021
 
Cut-Off Date Value
$145,000.00
$150,000.00
 
Number Bedrooms
4
8
 
Number of Bathrooms
3
4
 
Total Square Footage
2,114.00
2,088.00
 
Number of Units
3
4
       
64
Cut-Off Date Valuation Type
Interior Desktop Appraisal
Appraisal
       
92
Number of Bathrooms
55
49
       
131
Property Type
Townhome
SFR
       
147
Year Built
1969
1965
       
151
Year Built
1969
1965
       
153
Year Built
1980
1965
       
154
Cut-Off Date Value
$165,000.00
$146,000.00
 
Year Built
1968
1965
       
156
Year Built
1969
1965
       
157
Year Built
1969
1965
       
160
Cut-Off Date Value
$165,000.00
$146,000.00
 
Year Built
1969
1965
       
161
Cut-Off Date Value
$165,000.00
$146,000.00
 
Year Built
1969
1965
       
163
Cut-Off Date Value
$165,000.00
$146,000.00
 
Year Built
1969
1965
       
164
Cut-Off Date Value
$165,000.00
$146,000.00
       
165
Cut-Off Date Value
$165,000.00
$146,000.00
       
166
Cut-Off Date Value
$165,000.00
$146,000.00
       
168
Year Built
1969
1965
       
169
Cut-Off Date Value
$180,000.00
$164,000.00
 
Year Built
1969
1965



Exhibit 4 to Attachment A
 Page 2 of 9

Sample
Property 
Number 
Base Property Sample 
Characteristic 
Preliminary
Property
Data File Value 
Property
Source Document Value 
       
172
Year Built
1970
1965
       
173
Cut-Off Date Value
$165,000.00
$146,000.00
 
Year Built
1969
1965
       
174
Cut-Off Date Value
$165,000.00
$146,000.00
 
Year Built
1983
1965
       
175
Number Bedrooms
2
1
 
Number of Bathrooms
2
1
       
176
Year Built
1968
1979
       
177
Year Built
1978
1965
       
178
Cut-Off Date Value
$165,000.00
$146,000.00
 
Year Built
1977
1965
       
180
Year Built
1969
1965
       
181
Year Built
1979
1965
       
182
Cut-Off Date Value
$165,000.00
$146,000.00
       
199
Property Type
SFR
Townhome
       
200
Property Type
SFR
Townhome
       
201
Number Bedrooms
6
5
       
203
Number Bedrooms
4
3
       
225
Cut-Off Date Value
$300,000.00
$350,000.00
       
241
Property Type
SFR
Townhome
       
242
Property Type
SFR
Townhome
       
244
Property Type
SFR
Townhome
       
258
Cut-Off Date Value
$102,000.00
$100,000.00
       
292
Property Type
SFR
Townhome
       
293
Property Type
SFR
Townhome
       



Exhibit 4 to Attachment A
 Page 3 of 9

Sample
Property 
Number 
Base Property Sample 
Characteristic 
Preliminary
Property
Data File Value 
Property
Source Document Value 
       
294
Property Type
SFR
Townhome
       
296
Property Type
SFR
Townhome
       
298
Property Type
SFR
Townhome
       
299
Property Type
SFR
Townhome
       
328
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
329
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
330
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
331
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
332
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
333
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Year Built
1985
1987
       
334
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
335
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Number Bedrooms
3
4
 
Total Square Footage
1,400.00
1,600.00
 
Year Built
1985
1987
       
336
Cut-Off Date Value
$2,508,333.52
$2,508,333.3333
 
Total Square Footage
7,336.00
7,210.00
 
Year Built
1985
1966
       
337
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Number Bedrooms
3
4
 
Total Square Footage
1,400.00
1,600.00
 
Year Built
1985
1987
       
338
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       



Exhibit 4 to Attachment A
 Page 4 of 9

Sample
Property 
Number 
Base Property Sample 
Characteristic 
Preliminary
Property
Data File Value 
Property
Source Document Value 
       
339
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Number Bedrooms
3
4
 
Total Square Footage
1,400.00
1,600.00
 
Year Built
1985
1987
       
340
Cut-Off Date Value
$1,433,333.44
$1,433,333.3333
 
Total Square Footage
4,192.00
3,080.00
 
Year Built
1985
1965
       
341
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
342
Cut-Off Date Value
$1,960,000.00
$1,254,166.667
 
Number of Bathrooms
8.5
7
 
Total Square Footage
5,048.00
3,615.00
 
Year Built
1970
1963
       
343
Cut-Off Date Value
$2,866,666.88
$2,866,666.6667
 
Total Square Footage
8,384.00
8,800.00
 
Year Built
1985
1967
       
344
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Year Built
1991
1990
       
345
Cut-Off Date Value
$1,433,333.44
$1,433,333.3333
 
Year Built
1970
1960
       
346
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Year Built
1985
1987
       
347
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Year Built
1985
1987
       
348
Cut-Off Date Value
$10,033,334.08
$10,033,333.3333
 
Number Bedrooms
65
70
 
Total Square Footage
33,413.00
36,192.00
 
Year Built
1995
1967
       
349
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
350
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
       



Exhibit 4 to Attachment A
 Page 5 of 9

Sample
Property 
Number 
Base Property Sample 
Characteristic 
Preliminary
Property
Data File Value 
Property
Source Document Value 
       
351
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
352
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
353
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
354
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
355
Cut-Off Date Value
$3,045,833.56
$3,045,833.3333
       
356
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Year Built
1985
1987
       
357
Cut-Off Date Value
$179,166.68
$179,166.6667
       
358
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Number Bedrooms
2
3
 
Total Square Footage
1,000.00
1,400.00
 
Year Built
1984
1987
       
359
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Number Bedrooms
3
4
 
Total Square Footage
1,400.00
1,600.00
 
Year Built
1985
1987
       
360
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Number Bedrooms
3
4
 
Total Square Footage
1,400.00
1,600.00
 
Year Built
1985
1987
       
361
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Year Built
1991
1990
       
362
Cut-Off Date Value
$1,960,000.00
$1,254,166.6667
 
Number of Bathrooms
8.5
7
 
Total Square Footage
5,048.00
3,615.00
       
363
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Number Bedrooms
3
4
 
Total Square Footage
1,400.00
1,600.00
 
Year Built
1985
1987



Exhibit 4 to Attachment A
 Page 6 of 9

Sample
Property 
Number 
Base Property Sample 
Characteristic 
Preliminary
Property
Data File Value 
Property
Source Document Value 
       
364
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Year Built
1991
1990
       
365
Cut-Off Date Value
$2,866,666.88
$2,866,666.6667
 
Total Square Footage
8,384.00
8,240.00
 
Year Built
1985
1966
       
366
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
367
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Total Square Footage
5,240.00
5,150.00
 
Year Built
1985
1964
       
368
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Number Bedrooms
2
3
 
Total Square Footage
1,000.00
1,400.00
 
Year Built
1985
1987
       
369
Cut-Off Date Value
$179,166.68
$179,166.6667
       
370
Cut-Off Date Value
$179,166.68
$179,166.6667
       
371
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
372
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Year Built
1985
1987
       
373
Cut-Off Date Value
$1,433,333.44
$1,433,333.3333
 
Year Built
1970
1960
       
374
Cut-Off Date Value
$179,166.68
$179,166.6667
 
Number of Bathrooms
1
2
 
Total Square Footage
825.00
1,100.00
 
Year Built
1937
1987
       
375
Address (Street)
[Redacted]
[Redacted]
 
Cut-Off Date Value
$179,166.68
$179,166.6667
       
376
Property Type
SFR
Townhome
       
377
City
Linwood
Marcus Hook
       



Exhibit 4 to Attachment A
 Page 7 of 9

Sample
Property 
Number 
Base Property Sample 
Characteristic 
Preliminary
Property
Data File Value 
Property
Source Document Value 
       
415
Number of Bathrooms
2
2.5
       
422
Year Built
2014
2015
       
424
Number of Bathrooms
2
2.5
       
427
Number of Bathrooms
2
2.5
       
439
Number of Bathrooms
2
2.5
       
443
Year Built
2014
2013
       
445
Number of Bathrooms
2
2.5
       
447
Number of Bathrooms
2
2.5
       
449
Number of Bathrooms
2
2.5
       
451
Number of Bathrooms
2
2.5
       
452
Number of Bathrooms
2
2.5
       
453
Number of Bathrooms
2
2.5
       
458
Property Type
Townhome
SFR
       
463
Number of Bathrooms
2
2.5
       
470
Number of Bathrooms
2
2.5
       
473
Number of Bathrooms
2
2.5
       
475
Year Built
2014
2013
       
477
Number of Bathrooms
2
2.5
       
487
Number of Bathrooms
2
2.5
       
494
Number of Bathrooms
2
2.5
       
495
Number of Bathrooms
2
2.5
       
496
Number of Bathrooms
2
2.5
       
522
Number Bedrooms
18
20
 
Number of Bathrooms
10
11
 
Total Square Footage
7,410.00
8,190.00



Exhibit 4 to Attachment A
 Page 8 of 9

Sample
Property 
Number 
Base Property Sample 
Characteristic 
Preliminary
Property
Data File Value 
Property
Source Document Value 
       
533
Number Bedrooms
12
21
 
Number of Bathrooms
5
13
 
Total Square Footage
4,700.00
10,695.00
       
534
Number Bedrooms
15
6
 
Number of Bathrooms
10
2
 
Total Square Footage
8,235.00
2,240.00
       
539
Property Type
SFR
Townhome
       
545
Number Bedrooms
4
2
 
Number of Bathrooms
10
9
 
Total Square Footage
5,680.00
4,900.00
       
561
Address (Street)
[Redacted]
[Redacted]
       
565
Year Built
1900
1930
       
568
Property Type
SFR
Townhome
       
578
Property Type
SFR
Townhome
       
579
Total Square Footage
17,052.00
17,050.00
 
Year Built
1927
1926
       
580
Total Square Footage
13,312.00
13,315.00
 
Year Built
1927
1926
       
581
Address (Street)
[Redacted]
[Redacted]
       
582
Number Bedrooms
13
12
 
Total Square Footage
29,402.00
29,410.00
 
Year Built
1927
1929
       
585
Total Square Footage
6,823.00
8,885.00
 
Year Built
1980
1891
       
590
Number Bedrooms
16
15
 
Number of Bathrooms
16
15
 
Total Square Footage
8,192.00
7,680.00
       
592
Property Type
SFR
Townhome
       
594
Property Type
SFR
Townhome
       
595
Property Type
SFR
Townhome
       



Exhibit 4 to Attachment A
 Page 9 of 9

Sample
Property 
Number 
Base Property Sample 
Characteristic 
Preliminary
Property
Data File Value 
Property
Source Document Value 
       
624
Property Type
SFR
Townhome
       
626
Property Type
SFR
Townhome
       
631
Cut-Off Date Valuation Type
Interior Desktop Appraisal
Exterior Appraisal
 
Total Square Footage
1,493.00
1,120.00
       
632
Number of Bathrooms
2
1.5
       
643
Cut-Off Date Valuation Type
Interior Desktop Appraisal
Exterior Appraisal
 
Swimming Pool (Y/N)
Y
N
 
Total Square Footage
1,260.00
1,250.00
       
656
Cut-Off Date Valuation Type
Interior Desktop Appraisal
Exterior Appraisal
 
Total Square Footage
1,272.00
1,225.00
 
Year Built
1991
1970
       
657
Cut-Off Date Valuation Type
Interior Desktop Appraisal
Exterior Appraisal
 
Number Bedrooms
5
3
 
Number of Bathrooms
3
2
 
Total Square Footage
1,900.00
1,276.00
 
Year Built
2006
1992
       
669
Cut-Off Date Valuation Type
Interior Desktop Appraisal
Exterior Appraisal
       
671
Cut-Off Date Valuation Type
Interior Desktop Appraisal
Exterior Appraisal
 
Number of Bathrooms
2
1.5
       
698
Property Type
2-4 Unit
SFR
       
734
Cut-Off Date Valuation Type
Exterior Appraisal
Appraisal



Exhibit 5 to Attachment A
 Page 1 of 9

Compared Mortgage Loan Characteristics and Mortgage Loan Source Documents

Underwriting Information: (see Note 2)

Compared Mortgage Loan Characteristic
Mortgage Loan Source Document(s)
   
UW Annual Rent ($)
Underwriting Summary
Average Lease Term
Underwriting Summary
UW Other Income ($)
Underwriting Summary
UW Credit and Vacancy Loss ($)
Underwriting Summary
UW Effective Gross Income ($)
Underwriting Summary
UW Annual Property Management Fee ($)
Underwriting Summary
UW Annual Marketing and Leasing Costs ($)
Underwriting Summary
UW Repairs and Maintenance ($)
Underwriting Summary
UW Annual Insurance Costs ($)
Underwriting Summary
UW Annual HOA/Special Assessment Fees ($)
Underwriting Summary
UW Annual Real Estate Taxes ($)
Underwriting Summary
UW Annual Turnover Costs ($)
Underwriting Summary
UW Annual Landscaping ($)
Underwriting Summary
UW Annual Other Costs ($)
Underwriting Summary
UW Annual Expenses ($)
Underwriting Summary
UW Annual Net Operating Income ($)
Underwriting Summary
UW Annual CapEx Reserve ($)
Underwriting Summary
UW Annual Net Cash Flow ($)
Underwriting Summary
Value at Origination ($)
Underwriting Summary
% HOA (see Note 3)
Underwriting Summary
% Section 8 (see Note 4)
Underwriting Summary
Occupancy as of Origination
Underwriting Summary
Number of Units
Underwriting Summary
Number of Properties
Underwriting Summary

Reserve and Escrow Information:

Compared Mortgage Loan Characteristic
Mortgage Loan Source Document(s)
   
Monthly Tax Escrow
Loan Agreement or Settlement Statement
Monthly Insurance Escrow
Loan Agreement or Settlement Statement
Monthly Capital Expenditure Escrow ($)
Loan Agreement, Settlement Statement, Servicer Report or Partial Release Letter
Upfront Leasing Escrow ($)
Loan Agreement or Settlement Statement
Monthly Leasing Escrow ($)
Loan Agreement or Settlement Statement
Upfront Interest Escrow ($)
Loan Agreement or Settlement Statement
Monthly Interest Escrow ($)
Loan Agreement or Settlement Statement
Upfront Deferred Maintenance Escrow ($)
Loan Agreement or Settlement Statement
Monthly Deferred Maintenance Escrow ($)
Loan Agreement or Settlement Statement


Exhibit 5 to Attachment A
 Page 2 of 9

Mortgage Loan Information:

Compared Mortgage Loan Characteristic
Mortgage Loan Source Document(s)
   
Rent Rolls (Y/N)
Loan Agreement
Frequency of Rent Rolls
Loan Agreement
Operating Statement (Y/N)
Loan Agreement
Frequency of Operating Statements
Loan Agreement
Loan Originator
Loan Agreement
Borrower
Loan Agreement
Guarantor (see Note 1)
Guaranty Agreement
Type of Guarantor (Individual or Type of Entity)
Guaranty Agreement
Guarantor FICO (see Notes 1 and 5)
Credit Report
Sponsor
Loan Agreement
Origination Date
Promissory Note, Loan Agreement or Loan Modification Agreement
Payment Date
Loan Agreement
First Payment Date (see Note 6)
Loan Agreement
Initial Maturity Date
Loan Agreement
Mortgage Loan Initial Funded Amount ($)
Loan Agreement or Loan Modification Agreement
Monthly Debt Service ($) (see Note 7)
Loan Agreement or Loan Modification Agreement
Rate Type
Loan Agreement
Interest Rate
Loan Agreement
Interest Rate Accrual
Loan Agreement
Amortization Type
Loan Agreement
IO Term (months) (see Note 8)
Loan Agreement
Recourse (Y/N)
Guaranty Agreement
Recourse to Guarantor (Full, Partial, Carve‑out, None)
Guaranty Agreement
Property Manager
Loan Agreement or Management Agreement
Prepayment Provision (see Notes 9 and 10)
Loan Agreement or Loan Modification Agreement
Original Yield Maintenance Period (see Notes 9, 10 and 11)
Loan Agreement or Loan Modification Agreement
Other Prepayment Provision
Loan Agreement
Open Period (see Notes 9, 10 and 11)
Loan Agreement or Loan Modification Agreement
YM Calculation Method (PV or Int Diff) (see Note 9)
Loan Agreement or Loan Modification Agreement
Calc’d Through (Maturity or Open) (see Note 9)
Loan Agreement or Loan Modification Agreement
PV Discount Treasury Projection Term (Maturity or Open) (see Note 9)
Loan Agreement
PV Discount Treasury Compounding Type (MEY or BEY) (see Note 9)
Loan Agreement
SPE (Y/N)
Loan Agreement
Independent Director (Y/N)
Loan Agreement


Exhibit 5 to Attachment A
 Page 3 of 9

Mortgage Loan Information: (continued)

Compared Mortgage Loan Characteristic
Mortgage Loan Source Document(s)
   
Substitution Permitted (Y/N)
Loan Agreement
Partial Release Permitted (Y/N)
Loan Agreement
Substitution Provision Description
Loan Agreement
Partial Release Provisions
Loan Agreement
Partial Release Premium
Loan Agreement
Grace Period (Late Fee)
Loan Agreement
Grace Period (Principal and Interest)
Loan Agreement
Existing Secondary Financing (Y/N)
Loan Agreement
Secondary Financing Amount (Existing)
Loan Agreement
Secondary Financing Description
Loan Agreement
Future Secondary Financing Allowed (Y/N) (see Note 12)
Loan Agreement
Future Secondary Financing Description
Loan Agreement
Lockbox Type (see Note 13)
Loan Agreement
Lockbox Trigger
Loan Agreement
Cash Management Type (see Note 14)
Loan Agreement
Cash Management and Cash Trap Trigger (for Springing Cash Management) and Cash Trap Trigger (for Hard Cash Management)
Loan Agreement
Multiple Borrowers (Y/N)
Loan Agreement

Notes:

1.
For any Mortgage Loan on the Preliminary Mortgage Loan Data File listed in Table A1, CoreVest, on behalf of the Depositor, instructed us to use the information in the “Provided Value” column for the applicable characteristic listed in Table A1, even if the information in the “Provided Value” column did not agree with the corresponding information that was shown in the applicable Mortgage Loan Source Document(s) or the applicable Mortgage Loan Source Document(s) were not provided to us.

 
Table A1:
 
Loan ID
Characteristic
Provided Value
       
 
35747
Guarantor
[Redacted]
 
35650
Guarantor FICO
FN
 
36128
Guarantor FICO
FN

We performed no procedures to determine the appropriateness, accuracy, completeness or reasonableness of the “Provided Value” information in Table A1 that was provided by CoreVest, on behalf of the Depositor.



Exhibit 5 to Attachment A
 Page 4 of 9

Notes: (continued)

2.
For the purpose of comparing the “Underwriting Information” Compared Mortgage Loan Characteristics that are expressed as dollar values, CoreVest, on behalf of the Depositor, instructed us to ignore differences of +/- $2.00 or less.

3.
For the purpose of comparing the “% HOA” Compared Mortgage Loan Characteristic for each Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to divide:
a.
The total number of Mortgaged Properties that secure the Mortgage Loan which have an associated HOA fee in the “HOA” column, as shown on the underwriting summary Mortgage Loan Source Document, by
b.
The total number of Mortgaged Properties that secure the Mortgage Loan, as shown on the underwriting summary Mortgage Loan Source Document.

4.
For the purpose of comparing the “% Section 8” Compared Mortgage Loan Characteristic for each Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to divide:
a.
The total number of units at the Mortgaged Properties that secure the Mortgage Loan which have “Y” or “Yes” in the “Section 8” column, as shown on the underwriting summary Mortgage Loan Source Document, by
b.
The total number of units at the Mortgaged Properties that secure the Mortgage Loan, as shown on the underwriting summary Mortgage Loan Source Document.

5.
For the purpose of comparing the “Guarantor FICO” Compared Mortgage Loan Characteristic for each Mortgage Loan, CoreVest, on behalf of the Depositor, provided the following instructions:
a.
For each Mortgage Loan that has one “Guarantor,” as shown on the Preliminary Mortgage Loan Data File, use (i) the highest FICO score of the “Guarantor” if two FICO scores are listed on the credit report Mortgage Loan Source Document or (ii) the median FICO score of the “Guarantor” if three FICO scores are listed on the credit report Mortgage Loan Source Document,
b.
For each Mortgage Loan that has more than one “Guarantor,” as shown on the Preliminary Mortgage Loan Data File (except for the Mortgage Loan(s) identified on the Preliminary Mortgage Loan Data File with Loan ID(s) of ”36833” (the “36833 Mortgage Loan”), “36846” (the “36846 Mortgage Loan”) and “37599” (the “37599 Mortgage Loan”), which are described in c. below), follow the methodology described in a. above to determine the FICO score for each “Guarantor,” and use the highest resulting FICO score and
c.
For the:
i.
36833 Mortgage Loan,
ii.
36846 Mortgage Loan, and
iii.
37599 Mortgage Loan,

we were instructed by CoreVest, on behalf of the Depositor, to exclude any guarantor which has insufficient credit funds or history or is a foreign national, as shown on the credit report Mortgage Loan Source Document, and to follow the methodology described in b. above.



Exhibit 5 to Attachment A
 Page 5 of 9

Notes: (continued)

6.
For the purpose of comparing the “First Payment Date” Compared Mortgage Loan Characteristic for each Mortgage Loan where the applicable Mortgage Loan Source Document does not define the first payment date, CoreVest, on behalf of the Depositor, instructed us to assume that the “First Payment Date” is the ninth (9th) day of the calendar month following the first full interest accrual period, as described in the applicable Mortgage Loan Source Document.

7.
For the purpose of comparing the “Monthly Debt Service ($)” Compared Mortgage Loan Characteristic for each Mortgage Loan except for:
a.
Any Mortgage Loan (i) with an “Amortization Type” of “Amortizing Balloon” or “Interest Only, Amortizing Balloon,” as shown on the Preliminary Mortgage Loan Data File, and (ii) which does not have a stated monthly debt service amount in the applicable Mortgage Loan Source Document (each, a “Recalculated Amortizing Mortgage Loan”) and
b.
Any Mortgage Loan with an “Amortization Type” of “Interest Only,” as shown on the Preliminary Mortgage Loan Data File (each, an “Interest Only Mortgage Loan”),
which are described in the succeeding paragraph(s) of this Note, CoreVest, on behalf of the Depositor, instructed us to use the stated monthly debt service amount that is shown in the applicable Mortgage Loan Source Document.

For the purpose of comparing the “Monthly Debt Service ($)” Compared Mortgage Loan Characteristic for any Recalculated Amortizing Mortgage Loan, CoreVest, on behalf of the
Depositor, instructed us to recalculate the “Monthly Debt Service ($)” using the “PMT” function in Microsoft Excel and:
a.
The “Mortgage Loan Initial Funded Amount ($),” as shown on the Preliminary Mortgage Loan Data File,
b.
The “Interest Rate,” as shown on the Preliminary Mortgage Loan Data File (adjusted as described in the succeeding paragraph(s) of this Note, as applicable) and
c.
The principal amortization period, as shown in the applicable Mortgage Loan Source Document.

For the purpose of the “Monthly Debt Service ($)” recalculation described above for any Recalculated Amortizing Mortgage Loan which also has an “Interest Rate Accrual” of “Actual/360,” as shown on the Preliminary Mortgage Loan Data File, CoreVest, on behalf of the Depositor, instructed us to divide the “Interest Rate,” as shown on the Preliminary Mortgage Loan Data File, by twelve (12) and then multiply by a fraction equal to 365/360.

For the purpose of comparing the “Monthly Debt Service ($)” Compared Mortgage Loan Characteristic for any Interest Only Mortgage Loan which also has an “Interest Rate Accrual” of “Actual/360,” as shown on the Preliminary Mortgage Loan Data File, CoreVest, on behalf of the Depositor, instructed us to recalculate the “Monthly Debt Service ($)” as 1/12th of the product of:
a.
The “Mortgage Loan Initial Funded Amount ($),” as shown on the Preliminary Mortgage Loan Data File,
b.
The “Interest Rate,” as shown on the Preliminary Mortgage Loan Data File, and
c.
365/360.



Exhibit 5 to Attachment A
 Page 6 of 9

Notes: (continued)

8.
For the purpose of comparing the “IO Term (months)” Compared Mortgage Loan Characteristic for any Mortgage Loan with an “Amortization Type” of “Amortizing Balloon,” as shown on the Preliminary Mortgage Loan Data File (each, an “Amortizing Balloon Mortgage Loan”), CoreVest, on behalf of the Depositor, instructed us to use “N/A.”

For the purpose of comparing the “IO Term (months)” Compared Mortgage Loan Characteristic for any Interest Only Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use the “Original Term to Maturity (months)” (as defined herein), as shown on the Preliminary Mortgage Loan Data File.

For the purpose of comparing the “IO Term (months)” Compared Mortgage Loan Characteristic for any Mortgage Loan with an “Amortization Type” of “Interest Only, Amortizing Balloon,” as shown on the Preliminary Mortgage Loan Data File, CoreVest, on behalf of the Depositor, instructed us to use the procedures described in Note 6 to determine the “First Payment Date” to use for the purpose of determining the “IO Term (months).”

9.
For the purpose of comparing the indicated characteristics, CoreVest, on behalf of the Depositor, instructed us to ignore any prepayment premiums, prepayments without penalty or other conditions related to partial release events, as described in the applicable Mortgage Loan Source Document.

10.
For certain Mortgage Loans, the applicable Mortgage Loan Source Document contains:
a.
A definition for “Par Prepayment Date,” which is shown as a certain “Payment Date” (e.g., the 114th Payment Date),
b.
A definition for “Payment Date,” which is defined as “with respect to each Interest Accrual Period, the ninth (9th) day of the calendar month immediately succeeding such Interest Accrual Period” and
c.
A definition for “Interest Accrual Period,” which is defined as “each period from and including the first day of a calendar month through and including the last day of such calendar month.  Notwithstanding the foregoing, the first Interest Accrual Period shall commence on and include the Closing Date.”


Exhibit 5 to Attachment A

 Page 7 of 9

Notes: (continued)

10. (continued)

For the purpose of comparing the:
a.
Prepayment Provision,
b.
Original Yield Maintenance Period and
c.
Open Period
Compared Mortgage Loan Characteristics for each Mortgage Loan described in the preceding paragraph, CoreVest, on behalf of the Depositor, instructed us to assume that for the purpose of determining the “Par Prepayment Date,” the first “Payment Date” is the ninth (9th) day of the calendar month which follows the calendar month in which the “Origination Date” occurs (the “Stub Payment Date”), even though:
i.
There will not be a debt service payment made on the Stub Payment Date and
ii.
The “First Payment Date” of the Mortgage Loan, as shown on the Preliminary Mortgage Loan Data File, will be the ninth (9th) day of the second calendar month which follows the calendar month in which the “Origination Date” occurs.

11.
For the purpose of comparing the “Original Yield Maintenance Period” Compared Mortgage Loan Characteristic for any Mortgage Loan that can be fully prepaid with yield maintenance, as shown in the applicable Mortgage Loan Source Document (each, a “Yield Maintenance Mortgage Loan”), CoreVest, on behalf of the Depositor, instructed us to include the number of “Payment Dates” from and including the “First Payment Date” through and including the “Initial Maturity Date” of the Yield Maintenance Mortgage Loan on which the borrower is required to remit a yield maintenance payment in connection with a voluntary prepayment of the Yield Maintenance Mortgage Loan in the “Original Yield Maintenance Period” of the Yield Maintenance Mortgage Loan (in accordance with the additional instructions provided by CoreVest, on behalf of the Depositor, which are described in Note 10, as applicable), as shown in the applicable Mortgage Loan Source Document.

For the purpose of comparing the “Original Yield Maintenance Period” Compared Mortgage Loan Characteristic for any Mortgage Loan that is not a Yield Maintenance Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use “N/A.”

For the purpose of comparing the “Open Period” Compared Mortgage Loan Characteristic for each Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to include the number of “Payment Dates” from and including the “First Payment Date” through and including the “Initial Maturity Date” of the Mortgage Loan on which the borrower can voluntarily prepay the Mortgage Loan without the payment of a yield maintenance payment or a prepayment premium in the “Open Period” of the Mortgage Loan (in accordance with the additional instructions provided by CoreVest, on behalf of the Depositor, which are described in Note 10, as applicable), as shown in the applicable Mortgage Loan Source Document.


Exhibit 5 to Attachment A
 Page 8 of 9

Notes: (continued)

12.
For the purpose of comparing the “Future Secondary Financing Allowed (Y/N)” Compared Mortgage Loan Characteristic for any Mortgage Loan that references a “Permitted Mezzanine Loan” in the applicable Mortgage Loan Source Document, CoreVest, on behalf of the Depositor, instructed us to: (i) assume that this “Permitted Mezzanine Loan” debt does not constitute additional debt that may be placed by the borrower on the collateral that secures the Mortgage Loan and (ii) use “N.”

13.
For the purpose of comparing the “Lockbox Type” Compared Mortgage Loan Characteristic for each Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use the following definitions, as applicable:
a.
Springing – As of the origination date of the Mortgage Loan, the borrower and/or related property manager is required to deposit any rent it receives in a rent deposit account or restricted account, as applicable.  Upon the occurrence of an event of default or certain trigger events as described in the applicable Mortgage Loan Source Document, the lender requires or has the option to require the borrower to direct tenants to deposit funds directly to a lockbox account or restricted account, as applicable,
b.
Hard – As of the origination date of the Mortgage Loan, there is an established lockbox account controlled by the lender into which tenants are required to deposit rents directly and
c.
N/A – As of the origination date of the Mortgage Loan, either:
i.
The borrower or the related property manager is not required to deposit any rent it receives in the rent deposit account within a specified number of days of receipt,
ii.
The borrower or the related property manager is required to deposit any rent it receives in the rent deposit account within a specified number of days of receipt, however, there are no requirements for the borrower to direct tenants to deposit funds directly to a rent deposit account upon the occurrence of an event of default or certain trigger events as described in the applicable Mortgage Loan Source Document, or
iii.
The borrower of the related property manager is not required to deposit any rent it receives in the rent deposit account within a specified number of days of receipt. Upon the occurrence of an event of default or certain trigger events as described in the applicable Mortgage Loan Source Document, the lender has the option to require the borrower to direct tenants to deposit funds directly to an account designated by the lender or to such other third party as directed by the lender.


Exhibit 5 to Attachment A
 Page 9 of 9

Notes: (continued)

14.
For the purpose of comparing the “Cash Management Type” Compared Mortgage Loan Characteristic for each Mortgage Loan, CoreVest, on behalf of the Depositor, instructed us to use the following definitions, as applicable:
a.
Springing – Prior to an event of default or certain trigger events that are described in the applicable Mortgage Loan Source Document, all cash on deposit in a rent deposit account is released periodically to the borrower.  Upon the occurrence an event of default or certain trigger events that are described in the applicable Mortgage Loan Source Document, all cash on deposit in the rent deposit account will be swept to a lender controlled cash management account and will be applied in accordance with the terms of the applicable Mortgage Loan Source Document,
b.
Hard – As of the origination date of the Mortgage Loan, all cash on deposit in the rent deposit account is swept to a lender controlled cash management account and is applied in accordance with the terms of the applicable Mortgage Loan Source Document and
c.
N/A – In accordance with the terms of the applicable Mortgage Loan Source Document, no cash management account is required to be established during the term of the related Mortgage Loan.

We performed no procedures to determine the appropriateness, accuracy, completeness or reasonableness of the instructions, assumptions and methodologies provided by CoreVest, on behalf of the Depositor, that are described in the notes above.



Exhibit 6 to Attachment A

Provided Mortgage Loan Characteristics

 
Characteristic 
 
     
 
Loan ID
 
 
Include Y/N
 
 
Closed (Y/N)
 
 
Loan Seller
 
 
Loan Owner
 
 
Loan Purpose
 
 
Refinance Type
 
 
Loan
 
 
Next Due Date
 
 
Lien Position
 
 
Cut Off Date Value ($)
 
 
Guarantor Net Worth
 
 
Guarantor Liquidity
 
 
Recourse to Borrower (Full, Partial, Carve-out, None)
 
 
Equity Pledge (Y/N)
 
 
Occupancy as of Date
 
 
Property Manager Type
 
 
Rent Rolls Required as of 6/30 (Y/N)
 
 
Most Recent Occupancy
 
 
Most Recent Occupancy as of Date
 
 
NOI as of 6/30
 
 
NCF as of 6/30
 
 
Servicer
 
 
Servicing Fee Rate
 
 
Trustee/Note Administrator Fee Rate
 
 
CREFC® License Fee Rate
 
 
Special Servicing Fee
 
 
Property Management Consultant Fee
 
 
Operating Statement Required as of 6/30 (Y/N)
 
 
Rank Loan Number
 


Note:
We performed no procedures to determine the appropriateness, accuracy, completeness or reasonableness of the Provided Mortgage Loan Characteristics.