EX-99.2 3 tv511657_ex99-2.htm CLAYTON CONDITIONS SUMMARY

 

Exhibit 99.2

 

Client Name:  
Client Project Name: RMLT 2019-1
Start - End Dates: 8/20/2013-9/13/2018
Deal Loan Count: 544

 

Conditions Report 2.0

 

Loans in Report: 544
Loans with Conditions: 470

 

577 - Total Active Conditions
  7 - Material Conditions
      5 - Credit Review Scope
        2 - Category: Assets
        2 - Category: Credit/Mtg History
        1 - Category: Terms/Guidelines
      1 - Property Valuations Review Scope
        1 - Category: FEMA
      1 - Compliance Review Scope
        1 - Category: Finance Charge Tolerance
  570 - Non-Material Conditions
      173 - Credit Review Scope
        4 - Category: Application
        27 - Category: Assets
        38 - Category: Credit/Mtg History
        22 - Category: DTI
        36 - Category: Income/Employment
        1 - Category: Insurance
        3 - Category: Legal Documents
        11 - Category: LTV/CLTV
        31 - Category: Terms/Guidelines
      42 - Property Valuations Review Scope
        1 - Category: Appraisal
        37 - Category: FEMA
        4 - Category: Property
      355 - Compliance Review Scope
        8 - Category: Ability to Repay/Qualified Mortgage
        30 - Category: Documentation
        21 - Category: Federal Consumer Protection
        2 - Category: RESPA
        3 - Category: Right of Rescission 
        3 - Category: State Late Charges
        6 - Category: State Prepayment Penalty
        118 - Category: State Rate Spread
        164 - Category: TILA/RESPA Integrated Disclosure
758 - Total Satisfied Conditions
             
      301 - Credit Review Scope
        12 - Category: Ability to Repay/Qualified Mortgage
        48 - Category: Application
        36 - Category: Assets
        21 - Category: Credit/Mtg History
        20 - Category: DTI
        56 - Category: Income/Employment
        21 - Category: Insurance
        41 - Category: Legal Documents
        1 - Category: LTV/CLTV
        4 - Category: Re-Verifications
        34 - Category: Terms/Guidelines
        7 - Category: Title
      234 - Property Valuations Review Scope
        131 - Category: Appraisal
        70 - Category: FEMA
        9 - Category: Property
        24 - Category: Value
      223 - Compliance Review Scope
        53 - Category: Ability to Repay/Qualified Mortgage
        2 - Category: Compliance Manual
        24 - Category: Documentation
        2 - Category: Federal Consumer Protection
        2 - Category: Federal Higher-Priced
        7 - Category: Finance Charge Tolerance
        1 - Category: RESPA
        12 - Category: Right of Rescission 
        1 - Category: State Consumer Protection
        1 - Category: Texas Home Equity
        118 - Category: TILA/RESPA Integrated Disclosure
11 - Total Waived Conditions
             
      10 - Credit Review Scope
        4 - Category: Assets
        1 - Category: DTI
        1 - Category: Income/Employment
        1 - Category: LTV/CLTV
        3 - Category: Terms/Guidelines
      1 - Property Valuations Review Scope
        1 - Category: Property
      1 - Property Valuations Review Scope
        1 - Category: Property


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