EX-99.3 4 ex99-3.htm AMC EXCEPTION GRADES

 

COLT 2021-3 ABS-15G

 

Exhibit 99.3 

 

 

Exception Grades
Run Date - 8/23/2021 2:34:12 PM
AMC Loan ID Customer Loan ID Seller Loan ID Deal ID Investor Loan Number Loan Exception ID Exception ID Exception Date Exception Type Exception Category Exception Subcategory 15E Category Exception Exception Detail Exception Information Compensating Factors Compensating Factor Information Applying Party Follow-up Comments Cleared Date Cured Date Waived Date Exception Level Grade Exception Level Rating Note Date Property State Occupancy Purpose Exception Remediation Overall
Initial Loan Grade		 Overall
Final Loan Grade		 Credit
Initial Loan Grade		 Credit
Final Loan Grade		 Compliance
Initial Loan Grade		 Compliance
Final Loan Grade		 Property
Initial Loan Grade		 Property
Final Loan Grade		 Originator QM ATR Status TPR QM ATR Status Is Curable
215346815 XXXX XXXX 100052   21658488     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-04-30): Provided.
 04/30/2021     1 A   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215346815 XXXX XXXX 100052   21658489     Credit Guideline Guideline Issue Guideline Aged document: Primary Valuation is older than guidelines permit -         Reviewer Comment (2021-05-20): Received appraisal update which meets guides.
 05/20/2021     1 A   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215346815 XXXX XXXX 100052   21658490     Credit Note General Note Loans with an application date after [redacted] using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-04-28): [redacted] has elected to waive
     04/28/2021 2 B   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215346815 XXXX XXXX 100052   21658491     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) New York Subprime Loan: Counseling Disclosure not provided to borrower.         Reviewer Comment (2021-04-30): Disclosure was provided.
 04/30/2021     1 A   NY Primary Purchase No obvious cure C B C B C B A A Non QM Non QM No
215346815 XXXX XXXX 100052   21658492     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) New York Subprime Loan:  Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law.         Reviewer Comment (2021-05-14): Documentation provided. Condition clear.


Reviewer Comment (2021-05-03): Provide evidence the updated security instrument was provided to the borrower with a letter of explanation and proof of mailing.
 05/14/2021     1 A   NY Primary Purchase Provide the following:  Letter of Explanation,  corrected Mortgage (with required Legend), and proof of mailing.  Best Practice would be to have signed and re-recorded Mortgage. (This will overwrite the existing Exception Remediation which reads: Provide the following: Corrected Mortgage (with required Legend), Letter of Explanation, and Proof of Delivery.  Best Practice would be to have signed and re-recorded Mortgage.). C B C B C B A A Non QM Non QM Yes
215346815 XXXX XXXX 100052   21658493     Compliance Compliance State Compliance State HPML New York Subprime Home Loan Threshold Greater than 3 Year ARM Non-Compliant New York Subprime Loan: APR on subject loan of 5.49340% is in excess of allowable threshold of Prime Mortgage Market Rate 2.77000% + 1.75%, or 4.52000%.  Non-Compliant SubPrime Loan.         Reviewer Comment (2021-08-20): NY Subprime exceptions have been addressed through either a clearing or curing of each exception cited.  Loan is now a "compliant" NY subprime loan.


Buyer Comment (2021-05-21): [redacted] has elected to waive


Reviewer Comment (2021-05-03): Please identify the Doc ID for this exception, as nothing new provided addressed this disclosure.


Buyer Comment (2021-04-29): Please see uploaded [redacted] SUbprime disclosure
     05/21/2021 2 B   NY Primary Purchase While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status.  Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender.  There is no time limit for which such restitution must be made. C B C B C B A A Non QM Non QM Yes
215346815 XXXX XXXX 100052   21658494     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) New York Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan.         Reviewer Comment (2021-08-18): Mandatory Escrow of Taxes and Insurance and Payments was supplied.  Signed by borrower on 11/24/20


Reviewer Comment (2021-08-18): Document supplied to clear


Buyer Comment (2021-05-21): [redacted] has elected to waive


Reviewer Comment (2021-05-20): The document is traditionally a disclosure provided to the borrower.


Buyer Comment (2021-05-19): On LE


Reviewer Comment (2021-05-03): The Hazard Insurance Authorization and Requirements document provided for this exception doesn't address taxes.
 08/18/2021     1 A   NY Primary Purchase No obvious cure C B C B C B A A Non QM Non QM No
215346815 XXXX XXXX 100052   21658495     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of [redacted] exceeds tolerance of [redacted]  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.       Reviewer Comment (2021-05-06): [redacted] received copy of Refund check, proof of mailing,  Letter of Explanation & Corrected Closing Disclosure
   05/06/2021   2 B   NY Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215346815 XXXX XXXX 100052   21658497     Compliance Compliance Federal Compliance TILA ARM Disclosure Status Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower.         Reviewer Comment (2021-05-24): Cleared
 05/24/2021     1 A   NY Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
215510781 XXXX XXXX 100166   21998392     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. Current lease reflects $[redacted], using lower of appraisal estimate and lease.       Reviewer Comment (2021-07-08): Loan is not being sold subject to tenancy and the appraisal lease amount can be used to calculate the DSCR, which meets the guideline requirements.


Buyer Comment (2021-07-02): Rental & income calculator uploaded the properties are rented so we use the rental agreements for calculation. s are
 07/08/2021     1 A   NJ Investment Purchase   C B C B     A A     No
215510781 XXXX XXXX 100166   21998396     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Lender Exception(s) not provided   Per 1008 a lender exception was provided for no primary housing history.       Reviewer Comment (2021-07-08): Exception provided.


Buyer Comment (2021-07-02): Exception approval
 07/08/2021     1 A   NJ Investment Purchase   C B C B     A A     No
215510781 XXXX XXXX 100166   21998398     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower does not have a primary housing history which is not allowed per guides. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

The qualifying DSCR on the loan is greater than the guideline minimum.		 Compensating factor considered to waive exception. Owner

Originator		 Reviewer Comment (2021-07-16): regrade


Reviewer Comment (2021-07-08): Lender granted exception approval in file.


Buyer Comment (2021-07-02): Please clear this condition it a waterfall condition of the exception approval, exception approval documentation has already been provided.
     07/08/2021 2 B   NJ Investment Purchase   C B C B     A A     No
215510782 XXXX XXXX 100255   21998389     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-06-30): Cleared


Buyer Comment (2021-06-24): Approval uploaded for your approval.
 06/30/2021     1 A   FL Investment Refinance - Cash-out - Other   C A C A     A A     No
215510782 XXXX XXXX 100255   21998390     Credit Credit Miscellaneous Guideline Credit Exception:   Compliance Report not provided.       Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): Credit Memo 2021-42 uploaded for your review


Reviewer Comment (2021-07-09): As noted previously, the lender guidelines require a compliance report and does not indicate the I series program are excluded.


Buyer Comment (2021-07-06): I series loans do not follow TRID and therefore would show as fails.


Reviewer Comment (2021-06-30): Sec 11.3 reflects - For a Loan to be eligible for sale to [redacted], the Loan must have passed a compliance engine query that indicates that the loan complies with all applicable federal, state, and local laws and regulations. Mavent and ComplianceEase have been preapproved by [redacted] as acceptable compliance engines and may be used by Lenders to satisfy [redacted]'s compliance engine requirement.


Buyer Comment (2021-06-24): Compliance report is not required on I series (investment ) loans.
 07/19/2021     1 A   FL Investment Refinance - Cash-out - Other   C A C A     A A     No
215510783 XXXX XXXX 100190   21998394     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2021-07-06): Provided.
 07/06/2021     1 A   MD Investment Purchase   C B C B     A A     No
215510783 XXXX XXXX 100190   21998399     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.           Reviewer Comment (2021-07-06): Lender value documented.
 07/06/2021     1 A   MD Investment Purchase   C B C B     A A     No
215510783 XXXX XXXX 100190   21998402     Credit Credit Miscellaneous Guideline Credit Exception:   Compliance Report not provided.       Reviewer Comment (2021-07-07): high cost fail in error.


Reviewer Comment (2021-07-06): The compliance report provided indicates a Fail status.  The lender guidelines require to meet federal, state and local testing.
 07/07/2021     1 A   MD Investment Purchase   C B C B     A A     No
215510783 XXXX XXXX 100190   21998403     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower lives rent free which is  not allowed per guidelines. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 Reserves are [redacted] months over program max Owner

Owner,Originator		 Reviewer Comment (2021-06-03): Approved lender exception provided.
     06/03/2021 2 B   MD Investment Purchase   C B C B     A A     No
215510784 XXXX XXXX 100191   21998393     Credit Credit Miscellaneous Guideline Credit Exception:   Compliance Report not provided.       Reviewer Comment (2021-06-23): cleared


Buyer Comment (2021-06-22): [redacted] approves the lender to use their own compliance engine in lieu of Mavent or ComplianceEase.  Their report tests for TRID, Safe Harbor, QM, State, Federal, Agency tests etc.  Please clear condition.


Reviewer Comment (2021-06-17): Compliance Report did not appear to upload.


Buyer Comment (2021-06-15): Compliance report
 06/23/2021     1 A   FL Investment Refinance - Cash-out - Other   D A D A     A A     No
215510784 XXXX XXXX 100191   21998397     Credit Credit Miscellaneous Guideline Credit Exception:   Appraisers Certification of Non-Influence not provided       Reviewer Comment (2021-06-30): Cleared


Buyer Comment (2021-06-25): Appraisal Non Influence Cert


Reviewer Comment (2021-06-17): Appraiser Cert uploaded is Sample Certificate


Buyer Comment (2021-06-16): Appraisal with Non influence
 06/30/2021     1 A   FL Investment Refinance - Cash-out - Other   D A D A     A A     No
215510784 XXXX XXXX 100191   21998400     Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Fully Executed Final HUD-1 / Closing Statement not provided.       Reviewer Comment (2021-06-17): Cleared


Buyer Comment (2021-06-15): Closing disclosure signed
 06/17/2021     1 A   FL Investment Refinance - Cash-out - Other   D A D A     A A     No
215510785 XXXX XXXX 100172   21998404     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided           Reviewer Comment (2021-06-29): Provided.
 06/29/2021     1 A   PA Investment Purchase   D A D A     A A     No
215510785 XXXX XXXX 100172   21998405     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided           Reviewer Comment (2021-06-29): Provided.
 06/29/2021     1 A   PA Investment Purchase   D A D A     A A     No
215510785 XXXX XXXX 100172   21998406     Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Rider - Other not provided   SFR Security Instrument Rider and SFR Entity Borrower Rider not provided.       Reviewer Comment (2021-06-29): Provided.
 06/29/2021     1 A   PA Investment Purchase   D A D A     A A     No
215510785 XXXX XXXX 100172   21998408     Credit Guideline Guideline Issue Guideline Aged document: Asset Account date is more than 90 days prior to Closing. -         Reviewer Comment (2021-06-29): Provided.
 06/29/2021     1 A   PA Investment Purchase   D A D A     A A     No
215510785 XXXX XXXX 100172   21998409     Credit Credit Credit Documentation Guideline Aged document: Credit Report  is more than 90 days prior to the note date. -         Reviewer Comment (2021-06-29): Provided.
 06/29/2021     1 A   PA Investment Purchase   D A D A     A A     No
215510785 XXXX XXXX 100172   21998410     Credit Credit Miscellaneous Guideline Credit Exception:   Compliance Report not provided.       Reviewer Comment (2021-06-29): Provided.
 06/29/2021     1 A   PA Investment Purchase   D A D A     A A     No
215510786 XXXX XXXX 100294   21998433     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.     Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has been employed in the same industry for more than 5 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Comp factors used  to waive exception Owner

Owner

Owner,Originator		 Reviewer Comment (2021-07-01): Comp factors used to waive exception


Buyer Comment (2021-06-28): See attached Exception.


Buyer Comment (2021-06-28): See attached Exception for the VOM
     07/01/2021 2 B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215510786 XXXX XXXX 100294   21998434     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - ___         Reviewer Comment (2021-07-01): Cleared


Buyer Comment (2021-06-28): This is a condo and included on the HOA


Buyer Comment (2021-06-28): Condo - Included in the HOA.
 07/01/2021     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215510786 XXXX XXXX 100294   21998437     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee. Fee Amount of $[redacted] exceeds tolerance of $0.00.       Reviewer Comment (2021-07-15): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-07-14): Please see attached PCCD and Refund issue to borrower.
   07/15/2021   2 B   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215510786 XXXX XXXX 100294   21998438     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower. ero Percent Fee Tolerance exceeded for Administration Fee. Fee Amount of $[redacted] exceeds tolerance of $0.00.       Reviewer Comment (2021-07-02): [redacted] Received LOE stating Admin fee and Origination fee are same.


Buyer Comment (2021-06-28): Please see attached lender attestation. The Origination and Admin fee are the same.


Buyer Comment (2021-06-28): Admin fee was on all LEs and Revised CD's
 07/02/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215510787 XXXX XXXX 100270   21998418     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Maximum DTI exceeded.  *Lender exception provided (D-007) The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower has worked in the same position for more than 3 years.

Borrower has verified disposable income of at least $[redacted].

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Refer to Lender Exception  D-007) Owner

Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-06-28): Comp factors provided to regrade for lender exception for insufficient assets/income which resulted in an increased DTI.
     06/28/2021 2 B   CA Primary Purchase   C B B B C B A A Non QM Non QM No
215510787 XXXX XXXX 100270   21998421     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2021-07-09): Lender exception for DTI.
 07/09/2021     1 A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B B B C B A A Non QM Non QM Yes
215510787 XXXX XXXX 100270   21998422     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)   The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Refer to Lender Exception  D-007) Owner

Owner,Originator		 Reviewer Comment (2021-07-09): Lender granted exception approval in file.
     07/09/2021 2 B   CA Primary Purchase   C B B B C B A A Non QM Non QM No
215510787 XXXX XXXX 100270   21998423     Credit Asset Asset Calculation / Analysis Asset Guideline Requirement: Available for Reserves discrepancy. Calculated Available for Reserves of ___ is less than Guideline Available for Reserves of ___. Lender exception provided for insufficient assets. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower has worked in the same position for more than 3 years.

Borrower has verified disposable income of at least $[redacted].

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Refer to Lender Exception  D-007) Owner

Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-06-28): Comp factors provided to regrade for lender exception for insufficient assets/income which resulted in an increased DTI.
     06/28/2021 2 B   CA Primary Purchase   C B B B C B A A Non QM Non QM No
215510788 XXXX XXXX 100289   21998411     Credit Missing Document General Missing Document Missing Document: Borrower Ability to Repay Attestation not provided   Borrower ability to Repay Attestation not provided       Reviewer Comment (2021-07-22): ATR document received and Exception cleared.


Buyer Comment (2021-07-14): Please see correct ATR uploaded for your review.


Reviewer Comment (2021-07-08): As it stands, the borrower feels their income and employment will be negatively impacted in the near future. If this is so, the income will need to be adjusted on the loan. Please advise.


Buyer Comment (2021-07-02): Uploaded ATR
 07/22/2021     1 A   FL Investment Purchase   C A C A B A A A N/A N/A No
215510788 XXXX XXXX 100289   21998413     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Right to receive copy of appraisal disclosure not provided to the borrower       Reviewer Comment (2021-07-08): Provided. Clear.


Buyer Comment (2021-07-02): Uploaded Right to Receive Copy of Appraisal
 07/08/2021     1 A   FL Investment Purchase   C A C A B A A A N/A N/A No
215510789 XXXX XXXX 100164   21998443     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. No valid COC in the loan file for the added fee and no evidence of a tolerance cure.       Reviewer Comment (2021-07-01): [redacted] received LE along with COC for the increased fee in the loan file.


Buyer Comment (2021-06-28): COC and LE issued 3/1/21. The loan was locked and at a lower rate.


Reviewer Comment (2021-06-25): [redacted] received LE dated [redacted] along with COC. However, the fee also increased on LE dated [redacted] of $[redacted]ease provide a valid COC or provide cure documents.


Buyer Comment (2021-06-21): LE and COC, loan amount increase
 07/01/2021     1 A   AZ Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215510789 XXXX XXXX 100164   21998444     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. No valid COC in file for the increased fee and no evidence of a tolerance cure.       Reviewer Comment (2021-07-16): [redacted] received corrected CD,proof of mailing, Copy of refund check and LOX.


Reviewer Comment (2021-06-25): [redacted] received COC which states "Appraisal fee increased from $[redacted] to $[redacted] which is not a valid reason. Please provide a supporting documents as to why the fee increased or provide cure documents .


Buyer Comment (2021-06-21): LE and COC
   07/16/2021   2 B   AZ Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215510789 XXXX XXXX 100164   21998445     Credit Insurance Insurance Analysis Insurance Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date ___, Note Date ___ Hazard expiration date is [redacted]   Note date : [redacted]       Reviewer Comment (2021-06-23): Lender guides only require the policy to be effective for at least 60 days after closing which it is - item is cleared


Buyer Comment (2021-06-21): Sales guide 13.2 Hazard Insurance: d.  for refinances, the policy must be effective for at least 60 days after the Date of the Loan;
 06/23/2021     1 A   AZ Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215510789 XXXX XXXX 100164   21998448     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   VOM is not in file.  There is a Mortgage Statement (D-062) however mortgage History is not reflected on Credit report.       Reviewer Comment (2021-06-23): Between bank statements and mortgage statements we have history back to [redacted].  Cleared.


Buyer Comment (2021-06-21): Mortgage statement and bank statements reflecting payments
 06/23/2021     1 A   AZ Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215510789 XXXX XXXX 100164   21998449     Credit Credit Credit Eligibility Guideline There are red flags on the fraud report that have not been addressed - The Red alerts on Fraud have not been addressed       Reviewer Comment (2021-06-23): Received updated report with red flags addressed
 06/23/2021     1 A   AZ Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215510789 XXXX XXXX 100164   21998450     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Based on dates, it appears the appraisal in the file is not the first iteration of the appraisal. Please provide all versions of the appraisal.       Reviewer Comment (2021-06-30): Prior appraisal provided. Condition Clear.


Reviewer Comment (2021-06-23): The appraisal provided as a trailing doc is the same one that was already in the loan file.  Condition remains open.
 06/30/2021     1 A   AZ Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215510789 XXXX XXXX 100164   21998453     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-06-23): Received Mavent report


Buyer Comment (2021-06-21): Mavent report uploaded
 06/23/2021     1 A   AZ Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215510790 XXXX XXXX 100210   21998427     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: HOA Questionnaire not provided           Reviewer Comment (2021-07-22): Received HOA Questionnaire  hence condition cleared


Buyer Comment (2021-07-14): Please see uploaded Condo documentation.
 07/22/2021     1 A   CA Second Home Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215510790 XXXX XXXX 100210   21998429     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.           Reviewer Comment (2021-06-22): covers loan amount.


Buyer Comment (2021-06-19): Uploaded HOI policy showing sufficient coverage for $[redacted].
 06/22/2021     1 A   CA Second Home Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215510790 XXXX XXXX 100210   21998430     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].       Reviewer Comment (2021-06-25): [redacted] Rate Lock in file shows loan locked at [redacted]


Buyer Comment (2021-06-19): Uploaded 6/03 CD & corresponding COC.
 06/25/2021     1 A   CA Second Home Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215510790 XXXX XXXX 100210   21998431     Credit Credit Miscellaneous Guideline Credit Exception:   Loan file is missing the [redacted] bank statement to complete a full 24 mo bank statements as required by the program.       Reviewer Comment (2021-07-22): Assets statement for [redacted] received hence condition cleared.


Buyer Comment (2021-07-14): My apologies. Please see uploaded bank statement.


Reviewer Comment (2021-07-06): Bank statement does not appear to have been loaded. Can you please reload?


Buyer Comment (2021-06-30): Uploaded [redacted], [redacted] Bank Statement.


Reviewer Comment (2021-06-22): This exception is for the missing income documentation and does not have anything to do with the housing history.  Please provide the missing bank statement.


Buyer Comment (2021-06-18): Per SP A10 Matrix for No Cash out Refinance <85% LTV - only a 12 month payment history is required.  [redacted], 2019 Statement isn't needed. Please clear condition.
Mortgage and Rental History
For LTV's < 85% Maximum 1 x 30 x 12 with 0 x 30 in the last 6 months from Note Date
 07/22/2021     1 A   CA Second Home Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215510791 XXXX XXXX 100198   21998513     Credit Credit Credit Eligibility Guideline There are red flags on the fraud report that have not been addressed - Fraud report red alerts have not been addressed and cleared.       Reviewer Comment (2021-07-20): Cleared


Buyer Comment (2021-07-13): Uploaded data verify to address red flags/fraud alerts on the credit report.
 07/20/2021     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
215510791 XXXX XXXX 100198   21998523     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-06): [redacted] Received COC for loan discount point change.


Buyer Comment (2021-06-30): Uploaded COC
 07/06/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215510791 XXXX XXXX 100198   21998536     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-13): [redacted]: Sufficient cure was provided at closing


Buyer Comment (2021-07-12): Fee cured
 07/13/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215510791 XXXX XXXX 100198   21998544     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-13): [redacted]: Sufficient cure was provided at closing


Buyer Comment (2021-07-12): Feed cured
 07/13/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215510791 XXXX XXXX 100198   21998547     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: ___
Disaster Declaration Date: ___		 Post close disaster inspection required.       Reviewer Comment (2021-07-12): Not the building in question
 07/12/2021     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
215510791 XXXX XXXX 100198   21998548     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-13): Sufficient Cure Provided At Closing
   07/13/2021   1 A   FL Primary Purchase Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
215510791 XXXX XXXX 100198   21998550     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-13): Sufficient Cure Provided At Closing
   07/13/2021   1 A   FL Primary Purchase Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
215510792 XXXX XXXX 100306   21998416     Credit Property - Appraisal General Appraisal Requirements Property - Appraisal Valuation Error: Comparable(s) photos are missing or not legible. - Missing photos of comparable sales 1- 3.       Reviewer Comment (2021-07-03): Cleared


Buyer Comment (2021-07-01): I have uploaded the updated appraisal report with pictures of the comparable(s) for your review.  Good catch and thank you.


Buyer Comment (2021-06-30): The pictures of the comparable (s) are in the appraisal review attached.  Do you wish them also in the appraisal report?  Please advise
 07/03/2021     1 A   AZ Primary Purchase   C B C A C B A A Non QM Non QM No
215510792 XXXX XXXX 100306   21998417     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Initial Closing Disclosure not provided at least 3 business days before closing       Reviewer Comment (2021-07-12): [redacted] received[redacted] CD and proof of receipt.


Buyer Comment (2021-07-02): I also thought I would send you the email confirmation that the initial CD was sent to the borrower on [redacted]  for review.


Buyer Comment (2021-06-30): I have uploaded documentation that the initial CD was sent to the borrower on 6/14.
 07/12/2021     1 A   AZ Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
215510792 XXXX XXXX 100306   21998425     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Administration fee amount of $[redacted] exceeds tolerance of $0.00. No cure was provided to the borrower       Reviewer Comment (2021-07-15): [redacted] received Corrected CD,LOX,copy of refund check and proof of mailing.


Buyer Comment (2021-07-14): I have uploaded the copy of the refund check for $[redacted]copy of the refund check, the PCCD and LOE to the borrower for your review.


Reviewer Comment (2021-07-12): Loan Estimates reflect a fee named Origination Fee for $[redacted] CD's reflect a fee named Administration fee for $[redacted] Fees are tested as fee name is disclosed, which varies.  If this was intended by the lender to be the same fee and purpose, Executred Lender Attestation confirming fee name on LE & CD for Administration fee and Origination fee are same fee and same purpose or valid changed circumstance or cure would be required.


Buyer Comment (2021-06-30): I do not see the Admin Fee of $[redacted] changing  on the CD's from [redacted]  to [redacted] 8.  Please explain further so I can get you exactly what you need.
   07/15/2021   2 B   AZ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215510792 XXXX XXXX 100306   21998426     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Repairs Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Repairs fee amount of $[redacted] exceeds tolerance of $0.00. No cure was provided to the borrower       Reviewer Comment (2021-07-19): [redacted] received PCCD and LOE ith Home Warranty fee in section H


Buyer Comment (2021-07-16): I am sorry I did not include the $[redacted] and the $[redacted] in one letter but I have updated the letter and emailed to the borrower.  Thank you for your help.


Reviewer Comment (2021-07-15): [redacted] received Post CD by moving fee to section H.  However, we also required LOX stating the fee has been moved to section H in order to clear the exception.


Buyer Comment (2021-07-14): I also have uploaded to your exception request the copy of the refund check for $[redacted]e LOE to the borrower.  Please note that the Home Warranty fee has been moved from section c to section H also.  Thank you.
 07/19/2021     1 A   AZ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215510794 XXXX XXXX 100176   21998507     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided   Mavent not provided       Reviewer Comment (2021-06-30): Cleared


Buyer Comment (2021-06-28): Mavent uploaded


Reviewer Comment (2021-06-23): compliance report not uploaded


Buyer Comment (2021-06-21): Mavent uploaded for your review.
 06/30/2021     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215510794 XXXX XXXX 100176   21998508     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Provide evidence the borrower paid the taxes and insurance on the free and clear departure residence. The qualifying DTI on the loan is at least 10% less than the guideline maximum. Compensating factors considered to waive exception. Owner,Originator Reviewer Comment (2021-07-19): Lender granted exception approval provided in loan file.


Buyer Comment (2021-07-14): Exception for living rent free uploaded for your review


Reviewer Comment (2021-07-13): If the borrower does not have a mortgage, or pay taxes and insurance the borrower would be considered rent free which is not allowed per the guidelines


Buyer Comment (2021-07-07): Promissory note which has the wife only uploaded for your review. The borrower does not own nor has any interest this property.


Reviewer Comment (2021-06-30): Property owned free and clear has not sold, payment of taxes and insurance required for housing history.


Buyer Comment (2021-06-28): The borrower's wife only owns this property.  Please see letter uploaded for your review.
     07/19/2021 2 B   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215510794 XXXX XXXX 100176   21998510     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard insurance coverage of $[redacted] is insufficient for value of $[redacted]       Reviewer Comment (2021-06-30): Cleared


Buyer Comment (2021-06-23): $[redacted] replacement cost estimator uploaded for your review.
 06/30/2021     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215510794 XXXX XXXX 100176   21998512     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Provide VCC for the increase in the Ten Percent Fees or cure with PC CD and evidence it was sent to the borrower.       Reviewer Comment (2021-07-01): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-06-28): PCCD.LOE/Refund/Tracking uploaded for your review.
   07/01/2021   2 B   GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215510794 XXXX XXXX 100176   21998514     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Provide VCC for the increase in the Appraisal Fee or cure with PC CD and evidence it was sent to the borrower.       Reviewer Comment (2021-07-01): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-06-28): PCCD.LOE/Refund/Tracking uploaded for your review.
   07/01/2021   2 B   GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215510794 XXXX XXXX 100176   21998518     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Provide evidence the borrower received an initial CD at least 3 days prior to closing.       Reviewer Comment (2021-07-19): Initial CD provided.


Buyer Comment (2021-07-12): [redacted] CD uploaded for your review.


Reviewer Comment (2021-07-12): [redacted] received Disclosure Tracking Details reflecting an Initial CD sent on[redacted].  Missing copy of the CD in file documents.  Please provide copy of[redacted] CD to complete testing.


Buyer Comment (2021-06-28): Initial CD tracking uploaded for your review
 07/19/2021     1 A   GA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
215510794 XXXX XXXX 100176   21998520     Credit Credit Miscellaneous Guideline Credit Exception:   Please provide a copy of the initial 1004 complete on or about [redacted].       Reviewer Comment (2021-07-07): Original appraisal provided.


Buyer Comment (2021-07-01): Appraisal signed [redacted] uploaded for your review.


Reviewer Comment (2021-06-23): Same appraisal provided.  It appears that this appraisal is the updated version. Please provide the original appraisal as well as proof fo delivery of the updated appraisal.


Buyer Comment (2021-06-21): Revised appraisal uploaded for your review.
 07/07/2021     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215510794 XXXX XXXX 100176   21998522     Credit Credit Miscellaneous Guideline Credit Exception:   Provide source of large deposit into account [redacted] of $[redacted] on [redacted].       Reviewer Comment (2021-07-22): Excluded the deposit from the qualifying income and still meets guidelines.


Reviewer Comment (2021-07-19): Large deposits only need to be documented if needed for reserves, down payment or closing.  The borrower has sufficient funds to cover all assets requirements without the funds from this account, based on FNMA guidelines.


Buyer Comment (2021-07-16): This deposit is not out of line with other deposits from this account. Please see examples of other large deposits from February and March large deposits uploaded for your review.
 07/22/2021     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215510794 XXXX XXXX 100176   21998527     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Loan file missing [redacted] loan approval.       Reviewer Comment (2021-06-23): Provided


Buyer Comment (2021-06-21): Approval uploaded for your review.
 06/23/2021     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215510794 XXXX XXXX 100176   21998529     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Provide VCC for the increase in the Loan Discount Points or cure with PC CD and evidence it was sent to the borrower.       Reviewer Comment (2021-07-07): [redacted] Received CD dated [redacted] with Valid COC.


Buyer Comment (2021-07-01): [redacted]CD uploaded for your review


Reviewer Comment (2021-07-01): [redacted] Received COC dated [redacted]showing rate lock; however, there is no corresponding CD in file for COC [redacted]. Provide corresponding CD for COC dated [redacted]or provide Cure Docs.


Buyer Comment (2021-06-28): Revised  COC uploaded for your review.


Reviewer Comment (2021-06-28): [redacted] Received COC dated [redacted]showing rate lock Changed; however, rate is not changed compared to recent LE dated [redacted]and also there is no Corresponding CD/ LE for COC dated [redacted]. Please provide Valid COC for discount point increased or provide Cure Docs.


Buyer Comment (2021-06-21): [redacted]COC uploaded for your review.
 07/07/2021     1 A   GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215510794 XXXX XXXX 100176   21998531     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Actual account statement required. Unable to accept account summary.       Reviewer Comment (2021-06-30): Cleared


Buyer Comment (2021-06-28): The transaction histories provided are sufficient. They reflect the borrower's name, bank name, account numbers, dates, and overlap with the statements we have in file. Please have  indicate why they are not acceptable.
 06/30/2021     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215510794 XXXX XXXX 100176   21998534     Credit Insurance Insurance Analysis Insurance Hazard Insurance policy does not list "Lender its successors and assigns", per guideline requirements.   Correct hazard policy to include ISAOA in the mortgagee.       Reviewer Comment (2021-06-30): Cleared


Buyer Comment (2021-06-30): Revised hazard policy with ISAOA uploaded for your review.
 06/30/2021     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215510795 XXXX XXXX 100199   21998474     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-06-23): cleared


Buyer Comment (2021-06-22): [redacted] approves the lender to use their own compliance engine in lieu of Mavent or ComplianceEase.  Their report tests for TRID, Safe Harbor, QM, State, Federal, Agency tests etc.  Please clear condition.


Reviewer Comment (2021-06-22): Reviewed file compliance report not provided.


Buyer Comment (2021-06-18): Compliance report


Reviewer Comment (2021-06-17): Compliance Report did not appear to upload.


Buyer Comment (2021-06-15): Compliance report
 06/23/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215510795 XXXX XXXX 100199   21998475     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided           Reviewer Comment (2021-06-17): Cleared


Buyer Comment (2021-06-15): 1008


Reviewer Comment (2021-06-12): 1008 provided contains incorrect loan amount, PITI amounts, and does not indicate how loan was underwritten.


Buyer Comment (2021-06-10): 1008
 06/17/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215510795 XXXX XXXX 100199   21998477     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Cash Flow Analysis reflects 2020 K1 income used.       Reviewer Comment (2021-06-29): Documents provided.


Buyer Comment (2021-06-25): See attached K1


Reviewer Comment (2021-06-17): Exception provided addresses Borrowers housing history. Condition remains


Buyer Comment (2021-06-15): Exception
 06/29/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215510795 XXXX XXXX 100199   21998478     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.     Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Reserves are [redacted]months over program minimum. Owner,Originator Reviewer Comment (2021-06-17): Lender exception with comp factors


Buyer Comment (2021-06-15): VOM
     06/17/2021 2 B   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215510795 XXXX XXXX 100199   21998481     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Origination Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Loan Origination Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted].       Reviewer Comment (2021-06-16): [redacted] received VCC.


Buyer Comment (2021-06-15): COC 4/15
 06/16/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
215510795 XXXX XXXX 100199   21998483     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted].       Reviewer Comment (2021-06-16): [redacted] received VCC.


Buyer Comment (2021-06-15): All LEs


Buyer Comment (2021-06-15): COC 5/4
 06/16/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
215510795 XXXX XXXX 100199   21998487     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Partnership Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Partnership status due to most recent Tax Return end date is older than 120 days before Closing Date, and one of these docs is required yet missing:  Audited/Third Party P&L, CPA Letter, or other Third Party Verification.         Reviewer Comment (2021-06-29): CPA Letter and signed 1065 returns provided.


Buyer Comment (2021-06-25): Signed business return


Buyer Comment (2021-06-25): See attached 3rd party verification


Buyer Comment (2021-06-25): Attached 1040 shows borrower signature and date.


Reviewer Comment (2021-06-22): Business return is not signed or dated, 1040 is not signed or dated and 3rd party verification of start dates not provided.


Buyer Comment (2021-06-21): Business return


Reviewer Comment (2021-06-17): CPA Letter provided does not address business start dates or businesses and percentage of ownership, [redacted]  K-1 not provided, 1040 provided is not signed or dated.


Buyer Comment (2021-06-15): CPA
 06/29/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215510795 XXXX XXXX 100199   21998488     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Schedule C Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current Sole Proprietorship status using reasonably reliable third-party records.         Reviewer Comment (2021-06-29): Documents provided.


Buyer Comment (2021-06-28): third party verification


Reviewer Comment (2021-06-22): unable to consider business return 3rd party verification. Missing 3rd party verification


Buyer Comment (2021-06-22): Business return
 06/29/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215510795 XXXX XXXX 100199   21998489     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2021-06-17): Cleared


Buyer Comment (2021-06-15): Homeownership counseling
 06/17/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215510795 XXXX XXXX 100199   21998490     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Due to the missing documentation regarding employment, the loan designation was determined to be ATR Fail.       Reviewer Comment (2021-06-29): Documents provided.


Reviewer Comment (2021-06-17): CPA Letter provided does not address business start dates or businesses and percentage of ownership, [redacted]  K-1 not provided, 1040 provided is not signed or dated.


Buyer Comment (2021-06-15): VVOE CPA
 06/29/2021     1 A   FL Primary Purchase Lender to provide updated ATR/QM status C B C B C A A A Non QM Non QM Yes
215510795 XXXX XXXX 100199   21998491     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Due to the missing employment documentation, ATR requirements have not been met.       Reviewer Comment (2021-06-29): Documents provided.
 06/29/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215510795 XXXX XXXX 100199   21998492     Credit 1003 Missing Document 1003 Missing Lender's Initial 1003/Application.           Reviewer Comment (2021-06-12): Cleared


Buyer Comment (2021-06-10): Initial 1003
 06/12/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215510795 XXXX XXXX 100199   21998494     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: ___
Disaster Declaration Date: ___		 Post close inspection required.       Reviewer Comment (2021-07-01): this is not the building and is located 25 miles from the site. This has been cleared
 07/01/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215510796 XXXX XXXX 100257   21998568     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance.   Final Closing Disclosure does not disclose a Lender cure credit for tolerance.       Reviewer Comment (2021-07-16): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-15): CURE DOCS ADDED FOR YOUR REVIEW
   07/16/2021   2 B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215510796 XXXX XXXX 100257   21998569     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Final Closing Disclosure discloses a $[redacted] Lender cure credit for Appraisal fee tolerance violation.       Reviewer Comment (2021-07-02): [redacted] received cure at closing for the increased fee in the loan file.


Buyer Comment (2021-06-28): Tolerance Cure issued at consummation
 07/02/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215510796 XXXX XXXX 100257   21998571     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $-132.81  is less than amount of binding Lender Credit previously disclosed in the amount of $-266.00. Missing Change of Circumstance for reduction in the Lender credit       Reviewer Comment (2021-07-09): COC form provided.


Reviewer Comment (2021-07-09): Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.  PCCD was provided, still need evidence of letter of explanation and proof of deliver to borrower, and refund check.


Buyer Comment (2021-07-06): can you advise if this is cleared ?


Buyer Comment (2021-06-28): coc form with details - pricing change when lock was extended.


Buyer Comment (2021-06-28): COC FORM ADDED FOR YOUR REVIEW, LOAN LOCK EXTENDED.
 07/09/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215510796 XXXX XXXX 100257   21998572     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___         Reviewer Comment (2021-07-22): All documents provided


Buyer Comment (2021-07-15): CURE DOCS PROVIDED FOR YOUR REVIEW


Reviewer Comment (2021-07-09): Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.  PCCD was provided, still need evidence of letter of explanation and proof of deliver to borrower, and refund check.


Buyer Comment (2021-07-06): SEE CORRECTED PCCD
   07/22/2021   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
215510796 XXXX XXXX 100257   21998573     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Recording Service Fee.  Fee Amount of $8.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Payee not disclosed       Reviewer Comment (2021-07-16): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-15): CURE DOCS ADDED FOR YOUR REVIEW


Reviewer Comment (2021-07-02): [redacted] received cure of $[redacted] closing which is applied for Appraisal fee tolerance. Please provide a valid document or provide additional cure document in order to clear the exception.


Buyer Comment (2021-06-28): CURE PROVIDED AT CLOSING
   07/16/2021   2 B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215510796 XXXX XXXX 100257   21998574     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   The lender conditional approval is not provided in the loan file.       Reviewer Comment (2021-07-01): Cleared


Buyer Comment (2021-06-28): APPROVAL ADDED FOR YOUR REVIEW
 07/01/2021     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
215510798 XXXX XXXX 100193   21998549     Credit Insurance Insurance Analysis Insurance Hazard Insurance Policy expires within 90 days of the Note Date.           Reviewer Comment (2021-07-21): Updated policy provided.


Buyer Comment (2021-07-13): For refinances, the policy must be effective for at least 60 days after the Date of the Loan. Renewal uploaded.
 07/21/2021     1 A   CA Primary Refinance - Rate/Term   D B D A C B A A Non QM Non QM No
215510798 XXXX XXXX 100193   21998552     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - CPA Letter Missing       Reviewer Comment (2021-07-06): Documents provided.


Buyer Comment (2021-07-01): CPA letter uploaded
 07/06/2021     1 A   CA Primary Refinance - Rate/Term   D B D A C B A A Non QM Non QM No
215510798 XXXX XXXX 100193   21998553     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided           Reviewer Comment (2021-07-06): Vesting matches.


Buyer Comment (2021-07-01): Please provide additional information on what is missing. The preliminary title vesting matches the DOT. Quit-claim is not required.
 07/06/2021     1 A   CA Primary Refinance - Rate/Term   D B D A C B A A Non QM Non QM No
215510798 XXXX XXXX 100193   21998554     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Missing Third Party Verification and CPA Letter       Reviewer Comment (2021-07-06): Documents provided.
 07/06/2021     1 A   CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status D B D A C B A A Non QM Non QM Yes
215510798 XXXX XXXX 100193   21998555     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. Missing Third Party Verification and CPA Letter       Reviewer Comment (2021-07-06): Documents provided.


Buyer Comment (2021-07-01): CPA letter confirming borrower has been self-employed since 2016
 07/06/2021     1 A   CA Primary Refinance - Rate/Term   D B D A C B A A Non QM Non QM No
215510798 XXXX XXXX 100193   21998556     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing Third Party Verification and CPA Letter       Reviewer Comment (2021-07-06): Documents provided.
 07/06/2021     1 A   CA Primary Refinance - Rate/Term   D B D A C B A A Non QM Non QM No
215510798 XXXX XXXX 100193   21998557     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower.         Reviewer Comment (2021-07-13): Discl provided. Clear.


Reviewer Comment (2021-07-06): This is a required disclosure, which is separate from the data completed on the final CD.


Buyer Comment (2021-07-01): Utilized the Loan disclosure section of the signed closing disclosure
 07/13/2021     1 A   CA Primary Refinance - Rate/Term   D B D A C B A A Non QM Non QM Yes
215510798 XXXX XXXX 100193   21998558     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on [redacted], prior to three (3) business days from transaction date of [redacted].         Reviewer Comment (2021-07-21): PCCD showing loan didn't disburse until the 28th provided, lox and evidence of received by borrower provided.


Reviewer Comment (2021-07-13): Lender correspondence provided, however there is no evidence the letter and CD were sent to the borrower. Please provide shipping label.


Buyer Comment (2021-07-07): Proof of delivery of the PCCD


Reviewer Comment (2021-07-06): The proof of deliver of the PCCD is still needed for this exception.


Buyer Comment (2021-07-01): PCCD with correct disbursement date
   07/21/2021   2 B   CA Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form D B D A C B A A Non QM Non QM Yes
215510799 XXXX XXXX 100324   21998466     Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender - Appraisal transfer letter is in file; however guidelines also require Sprout's Appraisal Dept to approve the transfer and there is no evidence of the approval in file       Reviewer Comment (2021-07-02): Provided.


Reviewer Comment (2021-06-28): Please provide evidence required that [redacted]'s Appraisal Dept accepted the appraisal.


Buyer Comment (2021-06-23): see appraisal transfer letter
 07/02/2021     1 A   NV Primary Purchase   C B C B C B B A Non QM Non QM No
215510799 XXXX XXXX 100324   21998467     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Only 1 monthly statement provided for the account       Reviewer Comment (2021-06-28): Account removed. Condition Clear.


Buyer Comment (2021-06-23): The balance of this account is only $[redacted] ; funds from this account are not needed to meet cash to close or reserve requirements - please exclude funds from available asset total
 06/28/2021     1 A   NV Primary Purchase   C B C B C B B A Non QM Non QM No
215510799 XXXX XXXX 100324   21998468     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient cure provided for fees exceeding tolerance       Reviewer Comment (2021-07-20): [redacted] received PCCD, LOE, copy of refund check, and proof of mailing; exception is cured.


Buyer Comment (2021-07-13): see PCCD docs


Reviewer Comment (2021-07-08): A creditor should compare the sum of the charges actually paid by or imposed on the consumer with the sum of the estimated charges on the Loan Estimate that are actually performed. If a service is not charged to the borrower, the estimate for that charge should be removed from the total amount of estimated charges. As such, the fees included in the 10% baseline are the CPL, e-recording, endorsement, escrow, lender's title, and recording fee.  The recording service fee is not included in the baseline as it was not charged on the CD.


Buyer Comment (2021-07-08): Initial LE reflects 10% fees totaling $[redacted]ich includes a $[redacted] Title Service Fee; $[redacted] fees charged does not exceed the total disclosed fees therefore refund is not required


Reviewer Comment (2021-07-08): Cure required for 10% tolerance violation is $[redacted].


Buyer Comment (2021-07-01): please confirm amount of refund you are requiring to cure this finding


Reviewer Comment (2021-06-29): The Title- lender's title insurance on Loan estimate is $[redacted] whereas on CD it is $[redacted] and also the borrower selected service from SSPL. Therefore it is breaching 10% tolerance cure. Please provide supporting documents for the increased fee or provide cure documents.


Buyer Comment (2021-06-23): please confirm what fees you are citing as causing the issue
   07/20/2021   2 B   NV Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B B A Non QM Non QM Yes
215510799 XXXX XXXX 100324   21998469     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient cure provided for fees exceeding tolerance       Reviewer Comment (2021-06-29): [redacted] received a valid COC for the increased fee in the loan file.


Buyer Comment (2021-06-23): see COC
 06/29/2021     1 A   NV Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B B A Non QM Non QM Yes
215510799 XXXX XXXX 100324   21998471     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Final disclosure dated[redacted]       Reviewer Comment (2021-07-08): Initial CD provided.


Buyer Comment (2021-06-23): See CD/CD tracking, sent and received on 6/8; APR of initial CD 4.866


Buyer Comment (2021-06-23): see CD tracking reflecting an APR of 4.866, which is greater than APR of final CD
 07/08/2021     1 A   NV Primary Purchase No Defined Cure C B C B C B B A Non QM Non QM No
215510799 XXXX XXXX 100324   21998472     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Audit calculated DTI at [redacted]% exceeding guideline threshold of 50%.  Appears the majority of the borrower's debt was not included for qualifying; however, there is nothing in the file to support the exclusion of the debt.       Reviewer Comment (2021-07-20): Lender granted exception approval in file.


Buyer Comment (2021-07-16): see approved exception


Reviewer Comment (2021-07-09): There are 2 credit one accounts on the credit report, with payments of $[redacted] $30 respectively.  The $30 payment account was paid off on the CD.  There is not evidence in the file the $60 account was paid.  The DTI is now 50.2%, which is still above the maximum allowed of 50%.


Buyer Comment (2021-07-08): See CD addendum reflecting [redacted] acct #[redacted] paid at closing


Buyer Comment (2021-07-08): [redacted]  was paid off at closing see p3 of CD


Reviewer Comment (2021-07-02): Excluded the installment debt with only 4 payments remaining.  DTI still over 50%.  The other debts on 1008 only include the one auto payment.  The credit report shows 2 credit card debts, with payments of $[redacted] $30 that were not included in the qualifying ratios.


Buyer Comment (2021-06-29): [redacted]  payment of $[redacted] needs to be excluded from DTI as it is an installment with 3 payments remaining


Reviewer Comment (2021-06-28): Auto, [redacted] , and [redacted]  marked paid DTI still [redacted] %.


Buyer Comment (2021-06-23): see p2 of settlement statement reflecting accounts in question being paid off
 07/20/2021     1 A   NV Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B B A Non QM Non QM Yes
215510799 XXXX XXXX 100324   21998473     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% significantly exceeds the guideline maximum of [redacted]%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) Audit calculated DTI at [redacted]% exceeding guideline threshold of 50%. Appears the majority of the borrower's debt was not included for qualifying; however, there is nothing in the file to support the exclusion of the debt       Reviewer Comment (2021-06-28): Evidence debts paid provided. Cleared.


Reviewer Comment (2021-06-28): Auto, [redacted] , and [redacted]  marked paid DTI still [redacted] %.


Buyer Comment (2021-06-23): see p2 of settlement statement reflecting accounts in question being paid off
 06/28/2021     1 A   NV Primary Purchase   C B C B C B B A Non QM Non QM No
215510799 XXXX XXXX 100324   21998476     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Audit calculated DTI at [redacted]% exceeding guideline threshold of 50%.  Appears the majority of the borrower's debt was not included for qualifying; however, there is nothing in the file to support the exclusion of the debt Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Compensating factors considered to waive exception. Owner,Originator Reviewer Comment (2021-07-20): Lender granted exception approval in file.


Buyer Comment (2021-07-16): See approved exception


Reviewer Comment (2021-07-09): There are 2 credit one accounts on the credit report, with payments of $[redacted] $30 respectively.  The $30 payment account was paid off on the CD.  There is not evidence in the file the $60 account was paid.  The DTI is now 50.2%, which is still above the maximum allowed of 50%.


Buyer Comment (2021-07-08): See credit one account statement for account [redacted]with $30 payment. Page 3 of the CD reflects this account was paid at closing


Reviewer Comment (2021-07-02): Excluded the installment debt with only 4 payments remaining.  DTI still over 50%.  The other debts on 1008 only include the one auto payment.  The credit report shows 2 credit card debts, with payments of $[redacted] $30 that were not included in the qualifying ratios.


Buyer Comment (2021-06-29): [redacted]  [redacted]  account [redacted]installment with three payments remaining and should be excluded from ratios


Reviewer Comment (2021-06-28): Auto, [redacted] , and [redacted]  marked paid DTI still [redacted] %.


Buyer Comment (2021-06-23): see p2 of settlement statement reflecting accounts in question being paid off
     07/20/2021 2 B   NV Primary Purchase   C B C B C B B A Non QM Non QM No
215510799 XXXX XXXX 100324   21998479     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Audit calculated DTI at [redacted]% exceeding guideline threshold of 50%.  Appears the majority of the borrower's debt was not included for qualifying; however, there is nothing in the file to support the exclusion of the debt       Reviewer Comment (2021-07-20): Lender granted exception approval in file.


Buyer Comment (2021-07-16): see approved exception


Reviewer Comment (2021-07-09): There are 2 credit one accounts on the credit report, with payments of $[redacted] $30 respectively.  The $30 payment account was paid off on the CD.  There is not evidence in the file the $60 account was paid.  The DTI is now 50.2%, which is still above the maximum allowed of 50%.


Buyer Comment (2021-07-08): See CD addendum reflecting [redacted] acct #[redacted] paid at closing


Buyer Comment (2021-07-08): [redacted]  was paid off at closing see p3 of CD


Reviewer Comment (2021-07-02): Excluded the installment debt with only 4 payments remaining.  DTI still over 50%.  The other debts on 1008 only include the one auto payment.  The credit report shows 2 credit card debts, with payments of $[redacted] $30 that were not included in the qualifying ratios.


Buyer Comment (2021-06-29): [redacted]  [redacted]  account [redacted]installment with three payments remaining and should be excluded from ratios


Reviewer Comment (2021-06-28): Auto, [redacted] , and [redacted]  marked paid DTI still [redacted] %.


Buyer Comment (2021-06-23): see p2 of settlement statement reflecting accounts in question being paid off
 07/20/2021     1 A   NV Primary Purchase   C B C B C B B A Non QM Non QM No
215510799 XXXX XXXX 100324   21998482     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.           Reviewer Comment (2021-07-02): Payment history provided.


Buyer Comment (2021-06-29): see Credit Memo which allows for institutional payment history to be used


Reviewer Comment (2021-06-28): Need evidence of funds clearing the borrower's account. Bank statements in file do not reflect 12 month evidence of rent clearing the borrower's account. Please provide 12 months bank statements.


Buyer Comment (2021-06-23): see rent ledger
 07/02/2021     1 A   NV Primary Purchase   C B C B C B B A Non QM Non QM No
215510799 XXXX XXXX 100324   21998484     Credit Credit Miscellaneous Guideline Credit Exception:   Guidelines for a wage earner require file contain paystubs constituting 30 days consecutive pay and reflecting year to date earnings.  File did not contain any paystubs.  Guidelines do not allow for a WVOE to be used in place of the paystubs.       Reviewer Comment (2021-07-02): Cleared.


Buyer Comment (2021-06-29): Please see FNMA guidelines which allow a WVOE to document earnings. [redacted]'s guidelines clearly state income "MAY: be documented- please clear or escalate


Reviewer Comment (2021-06-28): [redacted] indicates the "Borrowers' most recent paystubs, which must show earnings for 30 successive calendar days" and references W2s.


Buyer Comment (2021-06-23): Please see section 6.1 of the guidelines which reflects "income MAY be documented"; guidelines do not reflect MUST - a WVOE is an accepted as an alternative to document borrower income
 07/02/2021     1 A   NV Primary Purchase   C B C B C B B A Non QM Non QM No
215510799 XXXX XXXX 100324   21998486     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI slightly over allowable. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Compensating factors considered to waive exception. Owner,Originator Reviewer Comment (2021-07-20): Lender granted exception approval in file.


Buyer Comment (2021-07-16): see Approved exception


Reviewer Comment (2021-07-09): There are 2 credit one accounts on the credit report, with payments of $[redacted] $30 respectively.  The $30 payment account was paid off on the CD.  There is not evidence in the file the $60 account was paid.  The DTI is now 50.2%, which is still above the maximum allowed of 50%.


Buyer Comment (2021-07-08): See CD addendum reflecting [redacted] acct #[redacted] paid at closing


Buyer Comment (2021-07-08): [redacted]  was paid off at closing see p3 of CD


Reviewer Comment (2021-07-02): Excluded the installment debt with only 4 payments remaining.  DTI still over 50%.  The other debts on 1008 only include the one auto payment.  The credit report shows 2 credit card debts, with payments of $[redacted] $30 that were not included in the qualifying ratios.


Buyer Comment (2021-06-29): [redacted]  [redacted]  account [redacted]installment with three payments remaining and should be excluded from ratios
     07/20/2021 2 B   NV Primary Purchase   C B C B C B B A Non QM Non QM No
215510800 XXXX XXXX 100221   21998498     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not received by the borrower at least 3 business days prior to Closing.       Reviewer Comment (2021-07-01): CD provided.


Buyer Comment (2021-06-16): Uploaded CD issued 3 business days prior to closing.
 07/01/2021     1 A   CA Primary Purchase No Defined Cure C B C B C A A A Non QM Non QM No
215510800 XXXX XXXX 100221   21998500     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded, Mortgage Broker fee $[redacted]acted], exceeds tolerance of $[redacted]o cure located in file. Provide VCC or cure with PC CD and evidence it was sent to the borrower.       Reviewer Comment (2021-06-23): [redacted]: received valid COC dated [redacted] for Compensation changed to borrower paid


Buyer Comment (2021-06-16): COC (refer to page 19)


Buyer Comment (2021-06-16): Uploaded CD issued 3 business days prior to closing.
 06/23/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
215510800 XXXX XXXX 100221   21998504     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   [redacted] Loan Approval missing from the file.       Reviewer Comment (2021-06-23): Loan approval provided


Buyer Comment (2021-06-18): Uploaded loan approval


Reviewer Comment (2021-06-18): Mortgage Findings provided. Missing [redacted] Loan Approval.


Buyer Comment (2021-06-16): Uploaded loan approval
 06/23/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215510800 XXXX XXXX 100221   21998505     Credit Credit Miscellaneous Guideline Credit Exception:   Private VOR provided and LOE from borrower indicating they have paid most in cash. Lender Exception with Comp Factors and regraded. The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower has worked in the same position for more than 3 years.

Borrower has been employed in the same industry for more than 5 years.		 Comp Factors for Lender Exception and Waive

Comp Factors for Lender Exception and Waive

Comp Factors for Lender Exception and Waive		 Owner

Owner

Originator,Owner

Originator,Owner		 Reviewer Comment (2021-06-15): Lender Exception with Comp Factors, regraded to Waive.
     06/15/2021 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215510800 XXXX XXXX 100221   21998506     Credit Credit Miscellaneous Guideline Credit Exception:   Provide all supporting documentation for additional $[redacted]mo income as listed n the 1003. Unable to determine source of income as no additional bank statements provided.       Reviewer Comment (2021-07-15): Cleared


Reviewer Comment (2021-07-08): 1008 received, Approval still outstanding.


Buyer Comment (2021-07-02): Uploaded revised 1008


Reviewer Comment (2021-06-30): 1003 received. Please provide 1008 and approval with updated DTI.


Buyer Comment (2021-06-24): Uploaded revised 1003


Reviewer Comment (2021-06-23): The income from the business has already been validated via the stmts and matches the amt on the uw income analysis at just over $[redacted] --- the extra $[redacted] on the 1003 and 1008 appears to be an error that was just not removed when actual income was calculated.  Please provide a corrected 1003/1008 removing the $[redacted] additional income.  Condition remains open.


Buyer Comment (2021-06-18): Additional bank statements are in the file to validate the $[redacted] as he is self employed from [redacted] and bank statements reflect its in the business name.


Reviewer Comment (2021-06-18): Income calculator and bank statements already provided and counted in income. Final 1003 and 1008 reflects an additional [redacted]  that is not supported by income documentation in file.


Buyer Comment (2021-06-16): Uploaded income calculator and bank statements
 07/15/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215510801 XXXX XXXX 100204   21998511     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-06-23): Provided.


Buyer Comment (2021-06-18): Uploaded Malvent report
 06/23/2021     1 A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
215510801 XXXX XXXX 100204   21998525     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Due to the DTI issue, the loan designation determined by the review is ATR Risk.       Reviewer Comment (2021-06-30): DTI issue resolved.
 06/30/2021     1 A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C A C B A A Non QM Non QM Yes
215510801 XXXX XXXX 100204   21998526     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Loan Discount Points Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-06-25): [redacted] Received COC shwoing rate lock extended.


Buyer Comment (2021-06-18): COC 's
 06/25/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215510801 XXXX XXXX 100204   21998535     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Appraisal Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-20): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-16): PCCD  w refund and LOX
   07/20/2021   2 B   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215510801 XXXX XXXX 100204   21998537     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Difference in DTI is because Lender did not include child support in DTI calculation; however, there is no documentation in file that this obligation has terminated.       Reviewer Comment (2021-06-30): Documents provided to clear up debts discrepancies.


Buyer Comment (2021-06-23): Also the auto loan of [redacted] is paid by the business see [redacted] statement uploaded.


Buyer Comment (2021-06-23): your original condition was regarding the child support not the auto payment please clear the child support condition. proof has been provided


Reviewer Comment (2021-06-23): The total debts on the 1008 do not include the payment of $[redacted] for auto payment.  Including the payment, the DTI is 54.01%, which still exceeds maximum of 50%.


Buyer Comment (2021-06-18): Please review the child support  divorce decree information the $[redacted] with the district attorney is the child support and was included for the calculations for the DTI
 06/30/2021     1 A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
215510801 XXXX XXXX 100204   21998539     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Due to the DTI issue, the loan is considered to be at ATR risk.       Reviewer Comment (2021-06-30): DTI issue resolved.
 06/30/2021     1 A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
215510801 XXXX XXXX 100204   21998542     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) The total debts on the 1008 do not include the payment of $[redacted] for auto payment.  Including the payment, the DTI is [redacted]%, which still exceeds maximum of 50%.       Reviewer Comment (2021-06-30): Documents provided to verify auto loan paid by business.
 06/30/2021     1 A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
215510803 XXXX XXXX 100195   21998501     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance for increased Loan Discount Fee amount disclosed at closing   Final Closing Disclosure does not reflect a Lender credit for $[redacted] tolerance.       Reviewer Comment (2021-07-06): [redacted] received valid COC for increased in loan discount


Buyer Comment (2021-06-30): COC with reason for increase


Reviewer Comment (2021-06-24): [redacted] received COC stating " origination points $[redacted]  to $[redacted]  .However, the document doesn't specify the reason for the increased fee. Please provide additional information what made the fees to increased or provide cure documents.


Buyer Comment (2021-06-17): COC
 07/06/2021     1 A   TN Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215510803 XXXX XXXX 100195   21998503     Credit Credit Miscellaneous Guideline Credit Exception:   Missing credit supplement to report dated 4[redacted] verifying [redacted] #[redacted]7 was paid off and closed.  [redacted] departure residence refinanced 4[redacted] by UWM #[redacted]5 paying off [redacted] #[redacted]5       Reviewer Comment (2021-06-21): cleared


Buyer Comment (2021-06-17): Credit Supplement
 06/21/2021     1 A   TN Primary Purchase   C A C A C A A A Non QM Non QM No
215510804 XXXX XXXX 100323   21998516     Credit Title Document Error Title There is no dollar amount noted on the title policy.   Preliminary does not reflect a proposed title policy amount.  Amended title report or supplement indicating proposed amount is not in file.       Reviewer Comment (2021-06-22): Cleared


Buyer Comment (2021-06-18): Uploaded Supplemental Title Report
 06/22/2021     1 A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
215510804 XXXX XXXX 100323   21998521     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing third party verification dated within 120 days of Note date and proof Borrower has been self-employed 2 years.       Reviewer Comment (2021-06-22): Cleared


Buyer Comment (2021-06-21): Upload Proof of self-employed 2 yrs
 06/22/2021     1 A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
215510804 XXXX XXXX 100323   21998528     Credit Asset Asset Documentation Asset Asset Issue:  Gift funds are missing evidence of receipt   Missing copy of Lennar Title's deposit receipt of $[redacted] Gift Funds from donor.  Wire transfer indicates receiving bank Coamerica with no reference to settlement agent and escrow number as recipient.   Proof of Borrower's receipt and deposit of funds is not documented in file.       Reviewer Comment (2021-06-28): Origination wire, title company tracking and verification provided. Condition Clear.


Buyer Comment (2021-06-23): Uploaded evidence Gift Funds received to borr acct


Reviewer Comment (2021-06-22): Deposit receipt provided does not reflect the amount of gift funds


Buyer Comment (2021-06-18): Uploaded receipt of funds - gift
 06/28/2021     1 A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
215510804 XXXX XXXX 100323   21998530     Credit Credit Credit Calculation / Analysis Credit Guideline Issue:  Insufficient tradelines per credit guidelines   Borrower's report tradelines do not meet minimum 3 trade lines that have a 12 month history required.  Lender's Exception Approval is in file The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 785 > [redacted] Owner

Owner,Originator		 Reviewer Comment (2021-06-22): Lender approved exception with comp factors.


Buyer Comment (2021-06-18): Uploaded Credit Report Addendum
     06/22/2021 2 B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
215510804 XXXX XXXX 100323   21998532     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2021-06-22): Cleared


Buyer Comment (2021-06-18): Uploaded the[redacted] most recent Ally Bank stmt - Balance $[redacted] vs [redacted]$[redacted]
 06/22/2021     1 A   CA Primary Purchase   C B C B B B A A Non QM Non QM No
215510804 XXXX XXXX 100323   21998541     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Lender on appraisal differs from Note.   Appraisal Transfer Letter is in file.       Reviewer Comment (2021-07-20): waived by [redacted]


Buyer Comment (2021-07-13): Uploaded Policy exception approval


Reviewer Comment (2021-06-22): Per 12.11.5 The Appraisal Transfer Letter must be executed by the lender that ordered the appraisal and must be signed by an authorized officer of the company that is not in "Production" (i.e., Loan Officers, LO assistants, etc. are not eligible to sign the transfer letter). Transfer Letter reflects Processor signed. Additionally, unable to locate approval by [redacted]'s appraisal review department.


Buyer Comment (2021-06-18): Uploaded Appraisal transfer letter
     07/20/2021 2 B   CA Primary Purchase   C B C B B B A A Non QM Non QM No
215510804 XXXX XXXX 100323   21998543     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___         Reviewer Comment (2021-06-22): Cured documentation provided.


Buyer Comment (2021-06-21): Uploaded PCCD - LOX correction
   06/22/2021   2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Non QM Non QM Yes
215510804 XXXX XXXX 100323   21998546     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Notary Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-06-16): Sufficient Cure Provided At Closing
   06/16/2021   1 A   CA Primary Purchase Final CD evidences Cure C B C B B B A A Non QM Non QM Yes
215510805 XXXX XXXX 100218   21998560     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. DTI failure.       Reviewer Comment (2021-07-09): Lender exception provided for bank statement documentation, now meets DTI.


Reviewer Comment (2021-06-10): The documents provided did not address the issues with income documentation and DTI calculations.
 07/09/2021     1 A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C A A A Non QM Non QM Yes
215510805 XXXX XXXX 100218   21998561     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Audit income calculated at $[redacted] below stated income used by lender of $[redacted] causing DTI to exceed 50 guideline limit.       Reviewer Comment (2021-07-09): Lender exception provided for bank statement documentation, now meets DTI.


Buyer Comment (2021-07-06): Please see uploaded exception


Reviewer Comment (2021-06-10): The documents provided did not address the issues with income documentation and DTI calculations.


Buyer Comment (2021-06-08): Please see uploaded source of funds
 07/09/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215510805 XXXX XXXX 100218   21998562     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Credit exception set for DTI exceeding threshold of 50% per guidelines.       Reviewer Comment (2021-07-09): Lender exception provided for bank statement documentation, now meets DTI.


Buyer Comment (2021-07-06): Please see uploaded exception


Reviewer Comment (2021-06-10): The documents provided did not address the issues with income documentation and DTI calculations.


Buyer Comment (2021-06-08): Please see uploaded source of funds
 07/09/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215510805 XXXX XXXX 100218   21998563     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% significantly exceeds the guideline maximum of [redacted]%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) Borrower income average over the most recent 12 mo is significantly lower than the 24 mo time frame and as such, the 12 mo average must be used for qualifying.  When the 12 mo average is used, the DTI is over guidelines.       Reviewer Comment (2021-07-09): Lender exception and additional statements provided.


Buyer Comment (2021-07-06): Please see uploaded exception


Reviewer Comment (2021-06-10): The documents provided did not address the issues with income documentation and DTI calculations.


Buyer Comment (2021-06-08): Please see uploaded source of funds
 07/09/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215510805 XXXX XXXX 100218   21998564     Credit Credit Miscellaneous Guideline Credit Exception:   Loan file does not contain the underwriter's worksheet for the income calculation.  The worksheets in the file only reflect 12 months of information and do not tie to the bank statements in file.       Reviewer Comment (2021-07-09): Provided.


Buyer Comment (2021-07-06): Please see uploaded exception


Reviewer Comment (2021-06-23): Worksheets provided, however accounts are not consistent for 12 or 24 months. Unable to use.


Buyer Comment (2021-06-18): We are using the 12 months bank statement analysis period for certain accounts that were not in place for the full 24 months.   See the attached income calculations for the 3 different accounts showing all allowable deposits an final income resulting is 17036.48 monthly and DTI is within the threshold.


Reviewer Comment (2021-06-10): The documentation provided did not address the missing income calculation worksheet.


Buyer Comment (2021-06-08): Please see uploaded source of funds
 07/09/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215510805 XXXX XXXX 100218   21998565     Credit Credit Miscellaneous Guideline Credit Exception:   The balance of bank acct x[redacted] reflects a deposit dated [redacted] which was a transfer from x[redacted] of $[redacted]The last stmt in file for xx[redacted] ended on[redacted]  and the account did not have sufficient funds to have made a $[redacted] transfer.  Provide the history for x[redacted] from [redacted] and any large/unusual deposits must be documented.       Reviewer Comment (2021-07-09): Documentation provided.


Buyer Comment (2021-07-06): Please see uploaded exception


Reviewer Comment (2021-06-23): The last stmt in file for xx4263 ended on[redacted] and the account did not have sufficient funds to have made a $[redacted] transfer.  Provide the history for xx4263 from 5/1/21 - 5/7/21 and any large/unusual deposits must be documented.


Buyer Comment (2021-06-18): History from [redacted]  attached.


Reviewer Comment (2021-06-10): The documents provided are cut off and not readable for complete data verification.  Additionally, none of it addressed the specific transfer detailed in the exception.


Buyer Comment (2021-06-08): Please see uploaded source of funds
 07/09/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215510805 XXXX XXXX 100218   21998566     Credit Credit Miscellaneous Guideline Credit Exception:   Exception to policy:  Do not require the full 12 months bank statement history for account [redacted] #[redacted]7 and Account [redacted] #[redacted]3.  Allow deposits from the accounts to be averaged over 12 months and not require the full 12 months statements due to accounts being new and not having the full 12 months history.  (Note:  We are using the 12 months bank statement analysis period for certain accounts that were not in place for the full 24 months). The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has worked in the same position for more than 3 years.

Borrower has been employed in the same industry for more than 5 years.		 Compensating factors considered to waive exception. Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-07-09): Lender granted exception approval in file.
     07/09/2021 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998576     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided   Compliance report not provided       Reviewer Comment (2021-05-11): Mavent provided. Condition Clear.
 05/11/2021     1 A   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998577     Credit Guideline Guideline Issue Guideline The minimum housing history was not met as required by guidelines for First Time Homebuyer.   Allow no housing history due to borrower is living rent free with fiance'. vs program restriction borrowers without housing history are not eligible but will be considered on exception basis. Borrower has worked in the same position for more than 3 years.

Borrower has been employed in the same industry for more than 5 years.		   Owner

Owner		 Reviewer Comment (2021-07-09): comp factors used to waive exception


Reviewer Comment (2021-04-28): Lender exception approved for borrower living rent free.
     04/28/2021 2 B   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998578     Credit Credit Miscellaneous Guideline Credit Exception:   Do not require appraisal to be ordered through an appraisal management company vs program requirement that appraisals are ordered through an [redacted] Borrower has worked in the same position for more than 3 years.

Borrower has verified disposable income of at least $[redacted].

Borrower has been employed in the same industry for more than 5 years.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].		 Credit score is 702, 22 points > program requirement of [redacted]
Associate for [redacted] years
No public records		 Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-05-05): Lender Exception provided with Comp Factors to regrade and waive.


Buyer Comment (2021-05-04): This is a correspondent loan
     05/05/2021 2 B   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998581     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Non QM doe not match due diligence loan designation of ATR fail       Reviewer Comment (2021-07-09): Cleared


Reviewer Comment (2021-05-27): Condition remains open as there is still missing employment documentation.


Buyer Comment (2021-05-25): In reference to the above loan please see below and attached to resolve the open DTI exceptions on the loan:    DTI is [redacted] %

1) Attached are 12 months bank statements evidencing that the [redacted] account is paid by the borrower's spouses business [redacted] .  The [redacted] account [redacted]monthly payment of $[redacted] should be omitted from the DTI
2) Attached VOE for [redacted]
3) Please exclude [redacted]  account [redacted]$[redacted] monthly payment as this is an authorized user account and is not the responsibility of the borrower
4) Please exclude J[redacted]  Card account [redacted]$[redacted] monthly payment as this is an authorized user account and is not the responsibility of the borrower
5) Please note that this loan closed before the [redacted]  Tax year filing deadline of [redacted]  therefore no P&Ls are required and 2020 tax returns are not required.  A P&L for [redacted]  Services would only be required IF a tax extension was filed for the [redacted]  returns however since [redacted]  was not yet required to be filed [redacted]  returns were the most recent year and no P&L is required. Please remove the exception for a [redacted]  P&L for Manning Accounting services.

Based on the correct income and liabilities the DTI on the loan is [redacted]% and this should clear all exceptions related to DTI / ATR


Reviewer Comment (2021-05-14): ATR failure due to DTI failure. Uploaded docs did not satisfy issue. Condition remains.


Buyer Comment (2021-05-13): Please see uploaded docs


Reviewer Comment (2021-05-11): Will clear when all others are clear. Remains open.
 07/09/2021     1 A   NY Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM Yes
215510806 XXXX XXXX 100167   21998582     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. General ability to repay not satisfied       Reviewer Comment (2021-07-09): Cleared
 07/09/2021     1 A   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998583     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) New York Subprime Loan: Counseling Disclosure not provided to borrower. Subprime Loan counseling disclosure was not provided to the borrower       Reviewer Comment (2021-05-11): Condition Clear. Disclosure provided.
 05/11/2021     1 A   NY Primary Purchase No obvious cure C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998584     Compliance Compliance State Compliance State HPML New York Subprime Home Loan Threshold Fixed Non-Compliant New York Subprime Loan: APR on subject loan of 5.11260% or Final Disclosure APR of 5.12800% is in excess of allowable threshold of Prime Mortgage Market Rate 2.73000 + 1.75%, or 4.48000%.  Non-Compliant SubPrime Loan. Final Disclosure APR of 5.12800% exceeds the allowable Prime Mortgage rate threshold of 4.48000%       Reviewer Comment (2021-05-18): Required documents provided.


Reviewer Comment (2021-05-17): No documents uploaded.


Reviewer Comment (2021-05-11): System rerun. Did not clear. Remains open.
 05/18/2021     1 A   NY Primary Purchase While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status.  Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender.  There is no time limit for which such restitution must be made. C B C B C B A A Non QM Non QM Yes
215510806 XXXX XXXX 100167   21998585     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) New York Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan. Borrower not provided with Notice of Taxes and Insurance on a 1st lien subprime loan       Reviewer Comment (2021-05-18): Required documents provided.


Reviewer Comment (2021-05-17): Counseling Certificate not in file.
 05/18/2021     1 A   NY Primary Purchase No obvious cure C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998586     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Loan Discount points fee amount of $[redacted]0 exceeds tolerance of $0.00. No cure was provided to the borrower       Reviewer Comment (2021-05-12): [redacted] received changed circumstance.
 05/12/2021     1 A   NY Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215510806 XXXX XXXX 100167   21998588     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - S-Corp Test Ability-to-Repay (Dodd-Frank 2014): Unable to verify current S-Corp status due to missing Tax Return/Transcript for the most recent year, and one of these docs is required yet missing:  Audited/Third Party P&L, CPA Letter, or other Third Party Verification. Unable to verify current S-Corp. Third party verification, CPA letter or other Third party verification not provided       Reviewer Comment (2021-07-09): Cleared


Reviewer Comment (2021-05-27): A p/l is not necessarily required; however, file is missing third party verification of the business (IE: CPA letter, etc.).  WVOE from partner not considered to be third party plus it appears based on name of borrower's husband they are related so would not be considered independent.  Condition remains open.


Buyer Comment (2021-05-25): P&L is not required.  J10 is based on the personal tax returns only and no business returns were required. Further on the J10 a P&L is only required IF a tax filing extension was filed for the prior year. No tax extension was filed. This loan closed before the Tax Filing Deadline for [redacted] tax year of[redacted] therefore no P&L is required because the most recent tax return due at the time of closing was the [redacted] return which is in file and used to qualify.   Please remove the condition for a [redacted] P&L


Reviewer Comment (2021-05-14): Need [redacted]  P&L prepared by the borrower and tax transcripts for [redacted]  and Third Party verification. Condition remains.
 07/09/2021     1 A   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998589     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% significantly exceeds the guideline maximum of [redacted]%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) Lenders DTI of [redacted]% exceeds the guideline maximum of [redacted]%       Reviewer Comment (2021-05-27): Received evidence one of the debts is paid by business and two accounts are authorized user accounts


Buyer Comment (2021-05-25): In reference to the above loan please see below and attached to resolve the open DTI exceptions on the loan:    DTI is [redacted] %

1) Attached are 12 months bank statements evidencing that the [redacted] account is paid by the borrower's spouses business [redacted] .  The [redacted] account [redacted]monthly payment of $[redacted] should be omitted from the DTI
2) Attached VOE for [redacted]
3) Please exclude [redacted]  account [redacted]$[redacted] monthly payment as this is an authorized user account and is not the responsibility of the borrower
4) Please exclude J[redacted]  Card account [redacted]$[redacted] monthly payment as this is an authorized user account and is not the responsibility of the borrower
5) Please note that this loan closed before the [redacted]  Tax year filing deadline of [redacted]  therefore no P&Ls are required and 2020 tax returns are not required.  A P&L for [redacted]  Services would only be required IF a tax extension was filed for the [redacted]  returns however since [redacted]  was not yet required to be filed [redacted]  returns were the most recent year and no P&L is required. Please remove the exception for a [redacted]  P&L for Manning Accounting services.

Based on the correct income and liabilities the DTI on the loan is [redacted]% and this should clear all exceptions related to DTI / ATR


Reviewer Comment (2021-05-14): Uploaded docs did not correct DTI issue. See other comments. Condition remains.


Buyer Comment (2021-05-13): please see uploaded docs
 05/27/2021     1 A   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998590     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Calculated qualifying total debt ration of [redacted]% exceeds Guideline total debt ratio of [redacted]%       Reviewer Comment (2021-05-27): Received evidence one of the debts is paid by a business and two accounts are authorized user accounts.


Buyer Comment (2021-05-25): In reference to the above loan please see below and attached to resolve the open DTI exceptions on the loan:    DTI is [redacted] %

1) Attached are 12 months bank statements evidencing that the [redacted] account is paid by the borrower's spouses business [redacted] .  The [redacted] account [redacted]monthly payment of $[redacted] should be omitted from the DTI
2) Attached VOE for [redacted]
3) Please exclude [redacted]  account [redacted]$[redacted] monthly payment as this is an authorized user account and is not the responsibility of the borrower
4) Please exclude J[redacted]  Card account [redacted]$[redacted] monthly payment as this is an authorized user account and is not the responsibility of the borrower
5) Please note that this loan closed before the [redacted]  Tax year filing deadline of [redacted]  therefore no P&Ls are required and 2020 tax returns are not required.  A P&L for [redacted]  Services would only be required IF a tax extension was filed for the [redacted]  returns however since [redacted]  was not yet required to be filed [redacted]  returns were the most recent year and no P&L is required. Please remove the exception for a [redacted]  P&L for Manning Accounting services.

Based on the correct income and liabilities the DTI on the loan is [redacted]% and this should clear all exceptions related to DTI / ATR


Reviewer Comment (2021-05-14): [redacted] , Payroll spec  [redacted] , S-corp  [redacted] , rental [redacted] ([redacted] @75%).   Debt Credit [redacted] , housing [redacted]


Buyer Comment (2021-05-13): please see uploaded docs. we have a DTI of [redacted]%, can you please provide breakdown
 05/27/2021     1 A   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998592     Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Income documentation requirements not met.       Reviewer Comment (2021-07-09): Cleared


Reviewer Comment (2021-05-27): As indicated in other related condition, third party verification of the SCorp remains missing (IE: CPA letter, etc).  WVOE from borrower's partner not considered 3rd party and it also appears this party is family so would not be considered independent.  Condition remains open.


Buyer Comment (2021-05-25): [redacted]P&L is not required as the[redacted] Tax returns were not yet due to be filed at the time of closing  P&L for prior year is only required when a tax extension was filed for the prior year which is not the case on this loan.  All that is required is the [redacted] Personal return which is in the file.   VOE is also in file.


Reviewer Comment (2021-05-14): Need [redacted] P&L prepared by the borrower and tax transcripts for [redacted]. Condition remains.


Buyer Comment (2021-05-13): please see uploaded docs
 07/09/2021     1 A   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998594     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing DTI, the loan is at ATR risk       Reviewer Comment (2021-07-09): Cleared


Reviewer Comment (2021-06-02): This is not a manually clearable exception. System has to clear. Other Exceptions open which pertain to this exception. When all other exceptions are clear, system will clear this.


Buyer Comment (2021-05-27): DTI issue was resolved. Per your system DTI is now under 50% and the other DTI exceptions were cleared.  Thanks,


Reviewer Comment (2021-05-14): No documents provided to change DTI. Condition remains.


Buyer Comment (2021-05-13): please see uploaded docs
 07/09/2021     1 A   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998595     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ Guidelines require P&L for COVID, also when prior year returns are used.  Need 2020 and YTD provided prepared by CPA, also transcripts for 2019 and VVOE.       Reviewer Comment (2021-07-09): Cleared


Buyer Comment (2021-07-06): Covid overlays were removed retroactive to all loans.  [redacted]  P&L is not a requirement.


Reviewer Comment (2021-05-14): Need [redacted] P&L prepared by the borrower and tax transcripts for [redacted]. Condition remains.
 07/09/2021     1 A   NY Primary Purchase   C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998596     Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided at Application but within Three Days) New York Subprime Loan: Counseling Disclosure not provided to borrower at the time of application, but within three days of application. Disclosure provided [redacted].       Buyer Comment (2021-05-19): [redacted] has elected to waive
     05/19/2021 2 B   NY Primary Purchase No obvious cure C B C B C B A A Non QM Non QM No
215510806 XXXX XXXX 100167   21998600     Compliance Compliance State Compliance State HPML New York Subprime Home Loan Threshold Fixed Compliant New York Subprime Loan: APR on subject loan of 5.11260% or Final Disclosure APR of 5.12800% is in excess of allowable threshold of Prime Mortgage Market Rate 2.97000 + 1.75%, or 4.72000%.  Compliant SubPrime Loan.         Buyer Comment (2021-05-19): [redacted] has elected to waive
     05/19/2021 2 B   NY Primary Purchase While considered narrow in its defense, the cure provisions under the NY Subprime law allows lenders, when acting in good faith, to make appropriate restitution to the borrower to satisfy the subprime home loan requirements and remove the loan from subprime status.  Cure may be made through refund if (1) there is bona fide evidence of good faith (i.e, lender has controls and policies in place to avoid making subprime loans); and (2) the borrower has not yet brought any action against lender.  There is no time limit for which such restitution must be made. C B C B C B A A Non QM Non QM Yes
215510807 XXXX XXXX 100305   21998607     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided   Not provided       Reviewer Comment (2021-07-14): Cleared


Buyer Comment (2021-07-08): Cash out letter
 07/14/2021     1 A   MD Investment Refinance - Cash-out - Other   C A C A     A A     No
215510807 XXXX XXXX 100305   21998608     Credit Asset Asset Documentation Asset Assets Error: Accounts are missing   Missing [redacted]  business account as reflected on Final 1003.       Reviewer Comment (2021-07-22): As per [redacted] Mortgage findings doc id # 0200 there is only requirement for reserves in the amount of $[redacted]  & we have sufficient assets in the amount of $[redacted]  to cover reserves. Hence condition cleared.


Buyer Comment (2021-07-15): Account [redacted] is a savings account assets required for closing per final approval are [redacted]  see uploaded [redacted] AUS findings.


Reviewer Comment (2021-07-14): Business account [redacted]is listed on the 1003, is this account not being used?


Buyer Comment (2021-07-08): Please provide clarification assets verified are sufficient to meet program requirements.
 07/22/2021     1 A   MD Investment Refinance - Cash-out - Other   C A C A     A A     No
215510808 XXXX XXXX 100237   21998624     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.         Buyer Comment (2021-07-13): [redacted] has elected to waive this requirement.
     07/13/2021 2 B   HI Second Home Purchase   C B A A C B A A Non QM Non QM No
215510808 XXXX XXXX 100237   21998626     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee.  Fee Amount of $52.36 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee. Fee Amount of $[redacted] exceeds tolerance of $0.00.       Reviewer Comment (2021-07-15): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-07-14): Please see uploaded refund documentation.
   07/15/2021   2 B   HI Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
215510808 XXXX XXXX 100237   21998627     Compliance Compliance Federal Compliance Missing Disclosure Notice of Special Flood Hazard Disclosure Not Provided Timely FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.       Buyer Comment (2021-07-13): [redacted] has elected to waive this finding.
     07/13/2021 2 B   HI Second Home Purchase   C B A A C B A A Non QM Non QM No
215510808 XXXX XXXX 100237   21998629     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee.  Fee Amount of $52.36 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure to borrower at closing.       Reviewer Comment (2021-07-20): Sufficient Cure Provided At Closing
   07/20/2021   1 A   HI Second Home Purchase Final CD evidences Cure C B A A C B A A Non QM Non QM Yes
215510809 XXXX XXXX 100232   21998610     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Verification of rent not provided Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower has verified disposable income of at least $[redacted].		   Owner

Owner		 Reviewer Comment (2021-07-21): Comp factors used to waive exception


Buyer Comment (2021-07-14): the max DTI is 50% for this program, a calculated DTI of 45.75 still falls below 50% max per program guides.
Approved Exception is for VOR, the DTI change which is still below the max, would not have a bearing on the approval since the DTI is still below the max.


Reviewer Comment (2021-07-12): DTI on exception is incorrect. Audit DTI is [redacted] %. No Comp Factors provided match standard Comp Factors.


Buyer Comment (2021-07-08): see approved exception
     07/21/2021 2 B   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215510809 XXXX XXXX 100232   21998611     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient cure provided for fee exceeding tolerance       Reviewer Comment (2021-07-15): [redacted] received  VCC, exception is cleared.


Buyer Comment (2021-07-15): The redisclosure needs to be completed within 3 days of the change. Then there has to be at least 3 days between redisclosure and closing. The 17th to the 23rd is more than 3 days. Please review and clear.


Reviewer Comment (2021-07-15): [redacted] received COC dated [redacted]which is not within three days of CD dated 06/23.Please provide a valid COC for the increased fee or provide cure documents.


Buyer Comment (2021-07-14): please advise if this is clear or if the finding has been revised


Buyer Comment (2021-07-07): discount points were disclosed on initial LE at .125%, with a higher loan amount. Fee amount disclosed on initial LE is $[redacted] ock was extended on[redacted], discount points were added back into the disclosures. COC form added for your review
 07/15/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215510809 XXXX XXXX 100232   21998612     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient cure provided for fee exceeding tolerance       Reviewer Comment (2021-07-15): [redacted] received PCCD, LOE, copy of refund check; exception is cured.


Buyer Comment (2021-07-15): cure docs were added on [redacted] , they include the $[redacted] cited. See cure docs added.
Perhaps there was a glitch previously.


Reviewer Comment (2021-07-15): [redacted] received cure of $[redacted]  at closing which is applied for second appraisal fee and therefore, we required additional cure of $[redacted] along with Post CD,lox,copy of refund check and proof of mailing.


Buyer Comment (2021-07-14): see tolerance cure docs added for your review.


Reviewer Comment (2021-07-07): [redacted] received cure of $[redacted] for second appraisal at closing. However, we still required cure for Appraisal fee in order to cure the exception.


Buyer Comment (2021-07-07): CURE ISSUED AT CLOSING
   07/15/2021   2 B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215510809 XXXX XXXX 100232   21998613     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient cure provided for fee exceeding tolerance       Reviewer Comment (2021-07-07): [redacted] upon further review cure of $[redacted] already provided at closing.


Buyer Comment (2021-07-07): CURE ISSUED AT CLOSING FOR THIS FEE. CURE TO BE ISSUED FOR UNDER DISCLOSURE OF 1ST APPRAISAL
 07/07/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215510809 XXXX XXXX 100232   21998614     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient cure provided for fee exceeding tolerance       Reviewer Comment (2021-07-15): [redacted] received PCCD, LOE, copy of refund check; exception is cured.


Buyer Comment (2021-07-15): the option to change the drop down in the fees isn't there - there isn't an option for "Title - Survey" name label.


Buyer Comment (2021-07-15): SSPL ADDED FOR YOUR REVIEW


Reviewer Comment (2021-07-15): [redacted] upon further review on CD it is mentioned as Survey fee instead of "Title- Survey fee" .Please provide corrected Post CD with survey fee to reflect as " Title- survey fee" along with Settlement service provider list in order to evaluate the fee.


Buyer Comment (2021-07-14): survey fee is in section C which indicates the borrower shopped. cure not required.
   07/15/2021   2 B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215510809 XXXX XXXX 100232   21998615     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - ECOA Timing ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. The disclosure is part of the Loan Estimate (LE) and the only LE in the loan file was not provided to the borrower within 3 days of application date.       Reviewer Comment (2021-07-12): Received. Clear.


Buyer Comment (2021-07-07): DISCLOSURE TRACKING ADDED
 07/12/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM Yes
215510809 XXXX XXXX 100232   21998616     Compliance Compliance Federal Compliance FACTA FACTA Disclosure Missing FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure. Disclosure not provided       Reviewer Comment (2021-07-12): Received. Clear.


Buyer Comment (2021-07-07): DISCLOSURE TRACKING ADDED
 07/12/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215510809 XXXX XXXX 100232   21998617     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 5.80320% or Final Disclosure APR of 5.83200% is in excess of allowable threshold of APOR 3.05% + 2.5%, or 5.55000%.  Non-Compliant Higher Priced Mortgage Loan.         Reviewer Comment (2021-07-12): Received. Clear.
 07/12/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215510809 XXXX XXXX 100232   21998618     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - HPML Timing HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. The disclosure is part of the Loan Estimate (LE) and the only LE in the loan file is not dated within 3 days of the application date.       Reviewer Comment (2021-07-12): Received. Clear.


Buyer Comment (2021-07-07): SEE DISCLOSURE TRACKING
 07/12/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215510809 XXXX XXXX 100232   21998619     Compliance Compliance Federal Compliance TRID Defect TRID Loan Estimate Timing TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. The application date is[redacted]  and the only Loan Estimate in file is dated [redacted]1.       Reviewer Comment (2021-07-15): [redacted] received initial LE, exception cleared.


Buyer Comment (2021-07-07): SEE DISCLOSURE DETAILS


Buyer Comment (2021-07-07): SEE INITIAL LE ADDED FOR YOUR REVIEW
 07/15/2021     1 A   FL Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
215510809 XXXX XXXX 100232   21998620     Compliance Compliance Federal Compliance TRID TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. Disclosure not provided       Reviewer Comment (2021-07-15): [redacted] received required document. Exception cleared.
 07/15/2021     1 A   FL Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
215510809 XXXX XXXX 100232   21998621     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Insufficient resrves provided       Reviewer Comment (2021-07-12): Clear.


Buyer Comment (2021-07-08): our vod review shows borrower reserves are [redacted]  and Gift from Cousin: [redacted] :
[redacted] =[redacted]
Gift 8[redacted]
Please review and advise
 07/12/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215510809 XXXX XXXX 100232   21998623     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Fees increased without VCC notification, cure required.       Reviewer Comment (2021-07-15): [redacted] received PCCD, LOE, copy of refund check; exception is cured.
   07/15/2021   2 B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215510810 XXXX XXXX 100263   21998630     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Borrower does not have the required housing history as property is owned free/clear and additionally, payment of taxes cannot be utilized as an alternative as title reflects the taxes for the property are past due. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower has worked in the same position for more than 3 years.

Borrower has been employed in the same industry for more than 5 years.		 LTV is [redacted]%, [redacted]% < program maximum of [redacted]% Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-07-18): Lender granted exception approval in file.


Buyer Comment (2021-07-09): Exception to allow borrower to qualify based on future taxes uploaded for your review,
     07/18/2021 2 B   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B C A A A Non QM Non QM No
215510810 XXXX XXXX 100263   21998632     Credit Credit Miscellaneous Guideline Credit Exception:   Allow borrower to qualify based upon estimated future property tax figures rather than current figures The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower has been employed in the same industry for more than 5 years.		 LTV is [redacted]%, [redacted]% < program maximum of [redacted]% Owner

Owner,Originator		 Reviewer Comment (2021-07-07): Lender granted an exception
     07/07/2021 2 B   CA Primary Refinance - Cash-out - Debt Consolidation   C B C B C A A A Non QM Non QM No
215510810 XXXX XXXX 100263   21998633     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. The only CDs in file dated prior to closing are all dated[redacted]  which was just one day prior to closing.       Reviewer Comment (2021-07-18): Initial CD provided.


Buyer Comment (2021-07-09): [redacted] CD uploaded for your review.
 07/18/2021     1 A   CA Primary Refinance - Cash-out - Debt Consolidation No Defined Cure C B C B C A A A Non QM Non QM No
215510811 XXXX XXXX 100225   21998634     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-20): Received Approval


Buyer Comment (2021-07-12): Please review attached Conditional Approval
 07/20/2021     1 A   FL Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
215510811 XXXX XXXX 100225   21998636     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for $[redacted] Appraisal fee and $[redacted] Transfer Tax fee tolerance amounts.       Reviewer Comment (2021-07-06): Sufficient Cure Provided At Closing
   07/06/2021   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
215510811 XXXX XXXX 100225   21998637     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for $[redacted] Transfer Tax fee and $[redacted] Appraisal fee tolerance amounts.       Reviewer Comment (2021-07-06): Sufficient Cure Provided At Closing
   07/06/2021   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
215510811 XXXX XXXX 100225   21998638     Credit Insurance Insurance Analysis Insurance Hazard Insurance Policy expires within 90 days of the Note Date. Hazard Insurance Policy Expiration Date ___, Note Date ___ Hazard Insurance Policy expires[redacted] within 90 days of[redacted] Note date.  $[redacted] 12 month renewal premium not documented as paid before or through closing.       Reviewer Comment (2021-07-20): Policy expires in less than 90 days, but meets [redacted] guideline for it to be effective for at least 60 days after closing.


Buyer Comment (2021-07-13): Per [redacted]  Sales Guidelines[redacted] , Section 13.2 Hazard Insurance, d. For purchases, the premium for one year of coverage, effective from date the Borrowers acquire the Subject Property, must be paid in full and for refinances, the policy must be effective for at least 60 days after the Date of the Loan
 07/20/2021     1 A   FL Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
215510812 XXXX XXXX 100207   21998640     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is missing secondary valuation product required for securitization.           Reviewer Comment (2021-07-16): Cleared


Buyer Comment (2021-07-09): per guides - A10 requires 1 appraisal plus CDA for loans less than 1.5 million. See CDA added.
 07/16/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A C A Non QM Non QM No
215510812 XXXX XXXX 100207   21998642     Credit Credit Miscellaneous Guideline Credit Exception:   Missing copy of signed final closing statement verifying sale of [redacted] and payoff of $[redacted] unpaid balance of [redacted] #[redacted]0967667 mortgage loan secured by property. Proof of sale is not documented.  $[redacted] PITI (per statement) was not included in total monthly debt obligation.  Final 1003 does not disclose that property is one of the disclosed properties to be retained post refinance of owner occupied subject [redacted]       Reviewer Comment (2021-07-16): provided


Buyer Comment (2021-07-09): final hud added for your review
 07/16/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A C A Non QM Non QM No
215510812 XXXX XXXX 100207   21998643     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing recent 12 month VOM for LendingHome #[redacted]8       Reviewer Comment (2021-07-16): pay history provided


Buyer Comment (2021-07-09): see payment history for borrowers primary history.
 07/16/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A C A Non QM Non QM No
215510812 XXXX XXXX 100207   21998644     Compliance Compliance Federal Compliance TRID Defect TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least four (4) business days prior to closing. TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least four (4) business days prior to closing. (Interim/[redacted])       Reviewer Comment (2021-07-19): Disclosure tracking summary provided to verify date of actual receipt.


Buyer Comment (2021-07-09): SEE DISCLOSURE TRACKING FOR [redacted] LE
 07/19/2021     1 A   CA Primary Refinance - Rate/Term No Defined Cure C A C A C A C A Non QM Non QM No
215510812 XXXX XXXX 100207   21998645     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for fee tolerances.       Reviewer Comment (2021-07-07): Sufficient Cure Provided At Closing
   07/07/2021   1 A   CA Primary Refinance - Rate/Term Final CD evidences Cure C A C A C A C A Non QM Non QM Yes
215510812 XXXX XXXX 100207   21998646     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for fee tolerances.       Reviewer Comment (2021-07-07): Sufficient Cure Provided At Closing
   07/07/2021   1 A   CA Primary Refinance - Rate/Term Final CD evidences Cure C A C A C A C A Non QM Non QM Yes
215510812 XXXX XXXX 100207   21998647     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Deed Preparation Fee.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for fee tolerances.       Reviewer Comment (2021-07-07): Sufficient Cure Provided At Closing
   07/07/2021   1 A   CA Primary Refinance - Rate/Term Final CD evidences Cure C A C A C A C A Non QM Non QM Yes
215510813 XXXX XXXX 100336   21998662     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Pay History not provided   Please provide 24 month pay history for the South State Bank Mortgage ending #[redacted]5. Mortgage statements show payments in arrears.       Reviewer Comment (2021-07-22): Credit supplement and statement  is provided for the South State Bank mortgage hence Exception cleared.
 07/22/2021     1 A   NJ Primary Purchase   C A C A A A A A Non QM Non QM No
215510814 XXXX XXXX 100288   21998666     Credit Missing Document General Missing Document Missing Document: Desk Review not provided           Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): I have uploaded the [redacted] Guides that state that if there are 2 appraisal reports a desk review is no longer required.
 07/19/2021     1 A   LA Primary Purchase   C A C A C A A A Non QM Non QM No
215510814 XXXX XXXX 100288   21998669     Credit Missing Document General Missing Document Missing Document: Bank Statements - Personal not provided   File is missing statements to verify the funds in the [redacted] Trust acct xxx[redacted] as indicated on the 1003s in file and used in the income calculation.       Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): I have uploaded for your review the [redacted]  bank statements for account ending in [redacted]
 07/19/2021     1 A   LA Primary Purchase   C A C A C A A A Non QM Non QM No
215510814 XXXX XXXX 100288   21998670     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Due to the missing asset documentation, the loan designation determined by the review was ATR Fail.       Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): I have uploaded the [redacted] statements that you have requested.  Please let me know what else you need to satisfy this exception.  Thank you.
 07/19/2021     1 A   LA Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM Yes
215510814 XXXX XXXX 100288   21998674     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Due to the missing documentation, ATR requirements have not been met.       Reviewer Comment (2021-07-19): Cleared
 07/19/2021     1 A   LA Primary Purchase   C A C A C A A A Non QM Non QM No
215510814 XXXX XXXX 100288   21998676     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.           Reviewer Comment (2021-07-19): cleared


Buyer Comment (2021-07-12): The attached property report shows no liens on [redacted]d and I have also included the HOI and tax information for this property.
 07/19/2021     1 A   LA Primary Purchase   C A C A C A A A Non QM Non QM No
215510814 XXXX XXXX 100288   21998678     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Assets Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. File is missing the bank statements needed to verify the [redacted] trust acct xxx[redacted] indicated on the 1003s and used in the income calculation.       Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): I have uploaded the [redacted] bank statements for acct ending in [redacted]  for your review.
 07/19/2021     1 A   LA Primary Purchase   C A C A C A A A Non QM Non QM No
215510815 XXXX XXXX 100334   21998652     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   There is a LOX explaining VOR, however file is missing actual VOR/lease and proof of rent payments. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 DTI is [redacted]%under guideline maximum. Owner

Owner,Originator		 Reviewer Comment (2021-07-21): Lender approved exception with comp factors.


Buyer Comment (2021-07-14): see transaction history , loe from landlord and approved exception for borrower paying landlord in cash for[redacted]
     07/21/2021 2 B   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215510815 XXXX XXXX 100334   21998653     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-15): [redacted] received valid COC for increased in loan discount


Buyer Comment (2021-07-14): see COC
 07/15/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
215510816 XXXX XXXX 100284   21998655     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan Designation is ATR Fail. Originator Loan Designation is Non QM.       Reviewer Comment (2021-07-12): Loan is Non-QM.
 07/12/2021     1 A   FL Second Home Purchase Lender to provide updated ATR/QM status C A A A C A A A Non QM Non QM Yes
215510816 XXXX XXXX 100284   21998656     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Schedule C Ability to Repay (Dodd-Frank 2014): Unable to verify Sole Proprietorship income using reasonably reliable third-party records. Unable to verify Sole Proprietorship income using reasonably reliable third party records.       Reviewer Comment (2021-07-12): Meets lender's guidelines to consider income based on the CPA letter on a foreign national consumer.
 07/12/2021     1 A   FL Second Home Purchase   C A A A C A A A Non QM Non QM No
215510816 XXXX XXXX 100284   21998657     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. General Ability to Repay requirements not satisfied.       Reviewer Comment (2021-07-12): Meets lender's guidelines to consider income based on the CPA letter on a foreign national consumer.
 07/12/2021     1 A   FL Second Home Purchase   C A A A C A A A Non QM Non QM No
215510816 XXXX XXXX 100284   21998660     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded. Second Appraisal Fee $[redacted], exceeds tolerance of $[redacted]. Lender Credit $[redacted] for increase in closing cost above legal limt, shows on Final Closing Disclosure, page 2.       Reviewer Comment (2021-07-08): Sufficient Cure Provided At Closing
   07/08/2021   1 A   FL Second Home Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
215510817 XXXX XXXX 100319   21998667     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Mortgage statements provided for 12 months payments on primary residence The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].		 40+ Aggregator,Owner

Owner		 Reviewer Comment (2021-08-17): regrade wit CFs


Reviewer Comment (2021-07-08): Lender approved exception with comp factors
     08/17/2021 2 B   CA Investment Purchase   C B C B     A A     No
215510817 XXXX XXXX 100319   21998668     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___. Lender worksheet appears to be using a lower monthly mortgage payment than the Note indicates.       Reviewer Comment (2021-07-18): Guidelines allow use of the interest only payment for DSCR calculation, so the correct ratio is [redacted] %.


Buyer Comment (2021-07-09): Corrected Income Calc
 07/18/2021     1 A   CA Investment Purchase   C B C B     A A     No
215510817 XXXX XXXX 100319   21998671     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-18): Provided.


Buyer Comment (2021-07-09): CTC for review
 07/18/2021     1 A   CA Investment Purchase   C B C B     A A     No
215510817 XXXX XXXX 100319   21998672     Credit Title Document Error Title There is no dollar amount noted on the title policy.           Reviewer Comment (2021-07-18): Provided.


Buyer Comment (2021-07-09): Title Supplement for review
 07/18/2021     1 A   CA Investment Purchase   C B C B     A A     No
215510817 XXXX XXXX 100319   21998673     Credit Asset Asset Documentation Asset Asset Issue:  Gift funds are missing evidence of receipt   Missing evidence of receipt and Donor withdraw for $[redacted] Gift       Reviewer Comment (2021-07-22): As per 1008 borrower required $[redacted]  assets however total assets updated $[redacted]  which is more than expected hence no requirement of gift fund evidence.


Buyer Comment (2021-07-19): Borrowers received more money than expected from the sale of her [redacted] property, [redacted], The $[redacted] gift was not needed.
 07/22/2021     1 A   CA Investment Purchase   C B C B     A A     No
215510818 XXXX XXXX 100313   21998675     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-22): Received approval document hence condition cleared


Buyer Comment (2021-07-16): Uploaded Approval
 07/22/2021     1 A   FL Investment Purchase   C A C A     A A     No
215510820 XXXX XXXX 100320   21998687     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance.  Final Closing Disclosure does not reflect a Lender credit for tolerance.       Reviewer Comment (2021-07-14): [redacted] Received Valid COC for lock extension.


Buyer Comment (2021-07-13): COC FORM ADDED FOR YOUR REVIEW
 07/14/2021     1 A   OR Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
215510822 XXXX XXXX 100249   21998689     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing CPA signed P&L statement verifying 5% expense factor for recent year 2020 / 2021.  Borrower's income used to was determined using CPA signed P&L and bank statements.  Loan file only contains CPA signed P&L statement verifies a 10.% expense factor for prior year 2019 / 2020 document       Reviewer Comment (2021-07-21): P&L provided. Clear.


Buyer Comment (2021-07-15): see [redacted]1 P&L
 07/21/2021     1 A   CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
215510822 XXXX XXXX 100249   21998691     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for Appraisal fee tolerance.       Reviewer Comment (2021-07-12): Sufficient Cure Provided At Closing
   07/12/2021   1 A   CA Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
215510822 XXXX XXXX 100249   21998692     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-21): Mavent provided. Clear.


Buyer Comment (2021-07-14): see compliance report
 07/21/2021     1 A   CA Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
215510823 XXXX XXXX 100314   21998696     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded. Appraisal Fee $[redacted] exceeds tolerance of $[redacted]acted]ender creidt $[redacted] for increase in closing cost above legal limit, shows on Final Closing Disclosure, page 2.       Reviewer Comment (2021-07-09): Sufficient Cure Provided At Closing
   07/09/2021   1 A   VA Second Home Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
215510825 XXXX XXXX 100312   21998693     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Per Re-Lock and COV extending Rate from[redacted] to 7[redacted]       Reviewer Comment (2021-07-12): Sufficient Cure Provided At Closing
   07/12/2021   1 A   NV Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
215511362 XXXX XXXX 100325   21999464     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Spousal Consent Form not provided           Reviewer Comment (2021-07-09): Cleared


Buyer Comment (2021-07-06): This a a purchaseof an investment property not a primary residence, spousal consent is not required nor is joint vesting. Please escalate or clear the finding


Reviewer Comment (2021-07-06): Provide letter from title company confirming the spousal consent is not required.


Buyer Comment (2021-06-30): see executed mortgage reflecting vesting as borrower sole and separate property - spousal consent is not required
 07/09/2021     1 A   NV Investment Purchase   C A C A     A A     No
215511362 XXXX XXXX 100325   21999466     Credit Asset Asset Documentation Asset Earnest Money Deposit is unsourced.  Per guidelines EMD source is required.   Missing evidence of receipt for EMD.       Reviewer Comment (2021-07-06): Cleared.


Buyer Comment (2021-06-30): see [redacted]withdrawal on bank statement payable to Equity Title of Nevada


Buyer Comment (2021-06-30): see executed mortgage reflecting vesting as XXXX a maried man as his sole and separate property - this is borrowers sole and separate property as such marital consent is not required
 07/06/2021     1 A   NV Investment Purchase   C A C A     A A     No
215511363 XXXX XXXX 100315   21999478     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-03): Cleared


Buyer Comment (2021-06-29): CTC for review
 07/03/2021     1 A   CA Investment Purchase   C A C A     A A     No
215511363 XXXX XXXX 100315   21999479     Credit Credit Miscellaneous Guideline Credit Exception:   Missing evidence of taxes and insurance for primary residence for B2 and B3 to satisfy VOM requirements per guides.       Reviewer Comment (2021-07-13): Cleared


Buyer Comment (2021-07-07): HOI is not required on free and clear property


Reviewer Comment (2021-07-03): Property history report received for taxes for Marina. Pease provide HOI evidence.


Buyer Comment (2021-06-30): [redacted]
 07/13/2021     1 A   CA Investment Purchase   C A C A     A A     No
215511364 XXXX XXXX 100278   21999472     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Spousal Consent Form not provided           Reviewer Comment (2021-07-12): Cleared


Buyer Comment (2021-07-06): This is a cash out refinance of an investment property, spousal consent is not required, please clear or escalate


Reviewer Comment (2021-07-02): Provide a letter from the title company to verify spousal consent is not required in the state of NV.


Buyer Comment (2021-06-29): See executed mortgage reflecting vesting as sole and separate property - spousal consent is not required
 07/12/2021     1 A   NV Investment Refinance - Cash-out - Other   C B C B     A A     No
215511364 XXXX XXXX 100278   21999474     Credit Credit Credit Eligibility Credit Active Tradeline requirement not met. - Borrower has ___ Active Tradelines which is less than the minimum required by guidelines.   Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   Owner Reviewer Comment (2021-06-28): Approved Lender exception with comp factors.
     06/28/2021 2 B   NV Investment Refinance - Cash-out - Other   C B C B     A A     No
215511364 XXXX XXXX 100278   21999475     Credit Fix and Flip General Fix and Flip Open Tradeline requirement not met. - Borrower has ___ Open Tradelines which is less than the minimum required by guidelines.   Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   Owner Reviewer Comment (2021-06-28): Approved Lender exception with comp factors.
     06/28/2021 2 B   NV Investment Refinance - Cash-out - Other   C B C B     A A     No
215511364 XXXX XXXX 100278   21999476     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-02): Provided.


Buyer Comment (2021-06-29): see Approval
 07/02/2021     1 A   NV Investment Refinance - Cash-out - Other   C B C B     A A     No
215511365 XXXX XXXX 100273   21999467     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-06-22): Cleared


Buyer Comment (2021-06-18): Uploaded Final Approval
 06/22/2021     1 A   TX Investment Purchase   C A C A     A A     No
215511365 XXXX XXXX 100273   21999469     Credit Credit Miscellaneous Guideline Credit Exception:   Compliance Report not provided.       Reviewer Comment (2021-07-12): Cleared


Buyer Comment (2021-07-06): Sorry, Uploaded Mavent report


Reviewer Comment (2021-07-01): Compliance report is still required on lease loans when the borrower is an individual and not a company.


Buyer Comment (2021-06-25): Mavent is not provided on an investment property
 07/12/2021     1 A   TX Investment Purchase   C A C A     A A     No
215511365 XXXX XXXX 100273   21999470     Credit Credit Miscellaneous Guideline Credit Exception:   Missing third party verification of mortgage for [redacted] to support bank statements for current mortgage as reflected on 1003.       Reviewer Comment (2021-07-01): Newly purchased, Note and HUD-1 provided.


Buyer Comment (2021-06-25): Borrower just purchased - See HUD and 1st pay coupons.
 07/01/2021     1 A   TX Investment Purchase   C A C A     A A     No
215511365 XXXX XXXX 100273   21999471     Credit Credit Miscellaneous Guideline Credit Exception:   Missing third party verification or lease to support bank statements for rent for B2 for current primary [redacted].       Reviewer Comment (2021-07-01): Lease provided.


Buyer Comment (2021-06-28): Uploaded Burimov Lease for $[redacted]/mO
 07/01/2021     1 A   TX Investment Purchase   C A C A     A A     No
215511366 XXXX XXXX 100173   21999480     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided           Reviewer Comment (2021-06-15): Cleared.


Buyer Comment (2021-06-11): This  is a Non QM loan and documents can be uploaded Post Close. The guidelines for SP I10 does not require pre close only. Please clear


Reviewer Comment (2021-06-04): [redacted] guides reflect verifications need to be done pre close.


Buyer Comment (2021-06-02): This is a Non QM loan and not a QM therefore the document uploaded can be Post Close.


Reviewer Comment (2021-05-27): Document provided is post close


Buyer Comment (2021-05-25): Uploaded that XXXX is an active company.
 06/15/2021     1 A   CT Investment Refinance - Cash-out - Other   C A C A     A A     No
215511366 XXXX XXXX 100173   21999481     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided           Reviewer Comment (2021-06-25): Cleared


Buyer Comment (2021-06-22): Uploaded LLC Resolution and Operating Agreement
 06/25/2021     1 A   CT Investment Refinance - Cash-out - Other   C A C A     A A     No
215511366 XXXX XXXX 100173   21999482     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided           Reviewer Comment (2021-06-25): Cleared


Buyer Comment (2021-06-22): Uploaded Operating Agreement


Buyer Comment (2021-06-22): Uploaded LLC Operating Agreement and LLC Resolution
 06/25/2021     1 A   CT Investment Refinance - Cash-out - Other   C A C A     A A     No
215511366 XXXX XXXX 100173   21999484     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Questionable Occupancy: Valuation occupancy differs from occupancy on loan approval.   Appraisal reflects subject property as owner occupied.       Reviewer Comment (2021-07-15): Corrected appraisal provided


Buyer Comment (2021-07-14): Uploaded Revised Appraisal reflecting Tennant Occupied
 07/15/2021     1 A   CT Investment Refinance - Cash-out - Other   C A C A     A A     No
215511366 XXXX XXXX 100173   21999485     Credit Loan Package Documentation Application / Processing Loan Package Documentation 1003 Error: Own/Rent  was not provided   Final 1003 section 3 lists current street address as intended as investment, it makes subject property intentions questionable.       Reviewer Comment (2021-07-01): Updated 1003 provided.


Buyer Comment (2021-06-28): Uploaded 1003. This is a Non QM loan and the 1003 does not require a signature for a clerical error. Please clear.


Reviewer Comment (2021-06-04): Loan approval does not reflect Borrowers current address. Data entry proof sheet reflects Borrowers primary occupancy status as investment.


Buyer Comment (2021-06-02): The borrowers current primary address is validated per the loan approval.


Reviewer Comment (2021-05-27): Exception is for Borrowers current primary address as reflected in Sec 1a is reflected as investment in Sec 3a. Condition remains


Buyer Comment (2021-05-25): Uploaded Loan Approval validating subject address is an investment property
 07/01/2021     1 A   CT Investment Refinance - Cash-out - Other   C A C A     A A     No
215511366 XXXX XXXX 100173   21999486     Credit Credit Miscellaneous Guideline Credit Exception:   File is missing a copy of the appraiser certification of non influence.       Reviewer Comment (2021-07-01): Provided.


Buyer Comment (2021-06-25): Uploaded Certificate of Non Influence
 07/01/2021     1 A   CT Investment Refinance - Cash-out - Other   C A C A     A A     No
215511367 XXXX XXXX 100290   21999488     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Due to the missing documentation, the review loan designation was determined to be ATR Fail.       Reviewer Comment (2021-07-09): Third party document provided.


Buyer Comment (2021-07-06): see LLC docs reflecting open active as of[redacted]
 07/09/2021     1 A   CA Primary Purchase Lender to provide updated ATR/QM status C A A A C A A A Non QM Non QM Yes
215511367 XXXX XXXX 100290   21999490     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. The only CDs in the loan file are dated[redacted]  which was the same day as closing.       Reviewer Comment (2021-07-13): [redacted] received[redacted] CD and proof of electronic delivery


Buyer Comment (2021-07-01): see Econsent, CD tracking, CD reflecting sent and received [redacted]
 07/13/2021     1 A   CA Primary Purchase No Defined Cure C A A A C A A A Non QM Non QM No
215511367 XXXX XXXX 100290   21999491     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Unable to verify current employment status using reasonably reliable third-party records.       Reviewer Comment (2021-07-09): Third party document provided.
 07/09/2021     1 A   CA Primary Purchase   C A A A C A A A Non QM Non QM No
215511367 XXXX XXXX 100290   21999492     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. The loan file contains no third party documentation to verify the business named Authentic8       Reviewer Comment (2021-07-09): Third party document provided.


Buyer Comment (2021-07-06): see LLC docs reflecting open active as of[redacted]
 07/09/2021     1 A   CA Primary Purchase   C A A A C A A A Non QM Non QM No
215511367 XXXX XXXX 100290   21999493     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-06-29): Sufficient Cure Provided At Closing
   06/29/2021   1 A   CA Primary Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
215511368 XXXX XXXX 100282   21999672     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 14,677.85 on Final Closing Disclosure provided on 06/17/2021 not accurate.             07/13/2021   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
215511368 XXXX XXXX 100282   21999675     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail.           07/02/2021     1 A   FL Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Non QM Non QM Yes
215511368 XXXX XXXX 100282   21999676     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records.           07/02/2021     1 A   FL Primary Purchase   C B A A C B A A Non QM Non QM No
215511368 XXXX XXXX 100282   21999677     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied.           07/02/2021     1 A   FL Primary Purchase   C B A A C B A A Non QM Non QM No
215511369 XXXX XXXX 100250   21999513     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Property type discrepancy. Appraisal property type of ___ does not match Guideline property type of ___. One of the appraisal reports reflects the subject is a PUD, while the other indicates it is a single family residence.  Additionally, a PUD rider was filed with the security instrument.  Corrections to be made to the incorrect appraisal.       Reviewer Comment (2021-07-12): Cleared


Buyer Comment (2021-07-07): Appraisal updated and marked as a PUD.


Reviewer Comment (2021-07-01): The appraisal provided is the one that already indicated the property was a  PUD.  Provide updated appraisal completed by Maylyn Stake.


Buyer Comment (2021-06-25): Uploaded appraisal as of [redacted] which shows property type as a PUD.
 07/12/2021     1 A   HI Primary Purchase   C A C A A A A A Non QM Non QM No
215511369 XXXX XXXX 100250   21999518     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. -         Reviewer Comment (2021-07-01): Provided.


Buyer Comment (2021-06-25): Uploaded HOA verification for [redacted]
 07/01/2021     1 A   HI Primary Purchase   C A C A A A A A Non QM Non QM No
215511370 XXXX XXXX 100244   21999501     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Missing [redacted] Acceptance of appraisal transfer.       Reviewer Comment (2021-06-21): Cleared
 06/21/2021     1 A   SC Primary Purchase   C B C A C B A A Non QM Non QM No
215511370 XXXX XXXX 100244   21999502     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Rate Lock Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Rate Lock Fee. Fee Amount of $[redacted] exceeds tolerance of $0.00. Provide VCC, or cure to the borrower and evidence they received the corrected PC CD.       Reviewer Comment (2021-07-15): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-07-13): PCCD and LOX with proof of refund


Reviewer Comment (2021-06-24): [redacted] upon further review there is an COC already in the file which is signed by the borrower on [redacted] whereas the fee added on CD dated [redacted] so please provide supporting documents for the fee added or provide cure documents.


Buyer Comment (2021-06-17): Loan Program to J10 from A10. Fee of $[redacted] disclosed from initiation of the loan.
   07/15/2021   2 B   SC Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511370 XXXX XXXX 100244   21999503     Credit Credit Miscellaneous Guideline Credit Exception:   Missing [redacted] Acceptance of appraisal transfer by appraisal department and the letter was signed by a member of production and is not signed by an officer.       Reviewer Comment (2021-06-21): Cleared
 06/21/2021     1 A   SC Primary Purchase   C B C A C B A A Non QM Non QM No
215511371 XXXX XXXX 100280   21999642     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-06-22): Provided


Buyer Comment (2021-06-17): Please review attached Mavent Report
 06/22/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511371 XXXX XXXX 100280   21999643     Credit Title Document Error Title There is no dollar amount noted on the title policy.   Title policy amount was not provided on the Preliminary Title report.       Reviewer Comment (2021-06-22): Provided


Buyer Comment (2021-06-21): Please review attached Title Commitment reflecting loan policy amount.
 06/22/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511371 XXXX XXXX 100280   21999644     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2021-06-22): Provided
 06/22/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511371 XXXX XXXX 100280   21999645     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Lender exception in file for Verification of Rent, borrower is living rent free. D 0010. The representative FICO score exceeds the guideline minimum by at least 40 points.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has worked in the same position for more than 3 years.

Borrower has verified disposable income of at least $[redacted].		 Lender Exception with Comp Factors

Lender Exception with Comp Factors

Lender Exception with Comp Factors

Lender Exception with Comp Factors		 Originator,Owner

Originator,Owner

Owner

Originator,Owner

Originator,Owner

Owner		 Reviewer Comment (2021-06-15): Lender Exception with Comp Factors
     06/15/2021 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511371 XXXX XXXX 100280   21999646     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Verification of Tax Return Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file. Provide cure with evidence it was sent to the borrower with PC CD, or VCC.       Reviewer Comment (2021-07-15): [redacted] received attestation stating origination and tax transcript fee are both the same. Therefore, cure not required.


Reviewer Comment (2021-07-13): [redacted] Provide attestation stating Origination and Tax return fee are one of the same to Cure the exception.


Buyer Comment (2021-07-12): The Origination Fee of $25 (disclosed per LE[redacted]) and Tax Transcript fee of $25 disclosed [redacted]) are one of the same. When the loan is locked, the Origination Fee is itemized. The Tax Transcript fee was not added/or considered an addition, but itemized to reflect what's included in the Origination Fee. A review of the LE dated[redacted] Itemization reflects Tax Transcripts in the amount of $[redacted]lease review attached snippet of Itemization of LE issued[redacted] that confirms and supports the $25 Origination fee is indeed the Tax Transcript Fee.


Reviewer Comment (2021-07-08): [redacted] received the[redacted] changed circumstances.  The reasons for the changes states "Locked Loan".  We are missing additional information to determine "why" this fee was added.  Typically locking a loan would not add a Verification of Tax Return fee, which is typically known about at Initial disclosure.  To determine if a fee being added and charged to the borrower is valid, a reason must be determined to accept the addition costs to the borrower as valid and for TRID testing of added fees. Additionally, please note that changing investors (or identifying an investor) are not considered valid changed circumstances in and of themselves, however, a change in fees due to the selection of a new investor based on ineligibility for prior loan programs or terms may be valid changed circumstances. If it can be demonstrated the change in program caused a new investor to be selected, and as a result of one of these two events, the fee were not required, the COC would be valid.  If these fees were required from the onset with the (fixed/arm) rate program, the COC could not be used to rebaseline.  Unable to determine if fee had a valid reason to be added and charged borrower after initial disclosures.


Buyer Comment (2021-07-06): Please review documents provided previously to [redacted]- VCOC was uploaded twice to support revision/changes in fees (Tax Transcript Fee of $[redacted] which was disclosed to the Borrower per LE dated[redacted]. The document is uploaded in Clarity (D0367; D0373). The VCOC is sufficient to clear exception as fee was disclosed to Borrower and a VCOC supports that.


Reviewer Comment (2021-06-25): [redacted]: The LE dated [redacted] is the revised LE. The Initial LE dated [redacted] present in file does not have tax transcript fee $[redacted] it. Please provide lender cure $25 along with Post close CD, LOE, Proof of delivery and copy of check.


Buyer Comment (2021-06-17): Please review attached Fee Itemization and LE dated[redacted] which discloses Tax Transcripts Fee in the amount of $[redacted] as part and the same as Origination Fee. Also attached is the VCOC which then initiates the itemization of Origination Fees.
 07/15/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
215511371 XXXX XXXX 100280   21999647     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Appraisal Fee increase. No Valid Changed Circumstance provided, was there evidence of a undesignated cure in file for $[redacted]. Provide cure with evidence it was sent to the borrower with PC CD, or VCC.       Reviewer Comment (2021-06-25): [redacted] sufficient cure was provided at closing


Buyer Comment (2021-06-17): Please review attached executed Final CD where a cure in the amount of $[redacted] was applied for Closing Costs above legal limit.
 06/25/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
215511371 XXXX XXXX 100280   21999649     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-15): Sufficient Cure Provided At Closing
   07/15/2021   1 A   CA Primary Purchase Final CD evidences Cure C B C B C A A A Non QM Non QM Yes
215511372 XXXX XXXX 100171   21999515     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Approval not provided       Reviewer Comment (2021-07-06): Cleared


Buyer Comment (2021-07-01): Please review attached Conditional Approval
 07/06/2021     1 A   AZ Primary Refinance - Rate/Term   C B C B C B B A Non QM Non QM No
215511372 XXXX XXXX 100171   21999517     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided   Loan Underwriting and Transmittal Summary not provided       Reviewer Comment (2021-07-06): Cleared


Buyer Comment (2021-07-01): Please review attached 1008
 07/06/2021     1 A   AZ Primary Refinance - Rate/Term   C B C B C B B A Non QM Non QM No
215511372 XXXX XXXX 100171   21999520     Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender - Appraisal is required to be in the name of the Lender       Reviewer Comment (2021-07-06): cleared


Buyer Comment (2021-07-01): Please review attached Appraisal Transfer Letter per Loan Simple as this is the Lender reflected on both first and second appraisal
 07/06/2021     1 A   AZ Primary Refinance - Rate/Term   C B C B C B B A Non QM Non QM No
215511372 XXXX XXXX 100171   21999521     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Loan Discount Points of $[redacted] exceeds tolerance of $0.00. Insufficient cure was provided to the Borrower.       Reviewer Comment (2021-07-07): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-07-07): Please review the attached  Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD
   07/07/2021   2 B   AZ Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B B A Non QM Non QM Yes
215511372 XXXX XXXX 100171   21999523     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Appraisal fee amount of $[redacted] exceeds tolerance of $[redacted]. Insufficient cure was provided to the Borrower.       Reviewer Comment (2021-07-06): [redacted]: Sufficient cure was provided at closing


Buyer Comment (2021-07-02): Please review attached executed FINAL CD which reflects a Lender Credit of $[redacted]. Cure was given for an under disclosed appraisal fee ($[redacted]), an under disclosed credit report fee ($[redacted]) and an undisclosed 2nd appraisal fee ($[redacted])
 07/06/2021     1 A   AZ Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B B A Non QM Non QM Yes
215511372 XXXX XXXX 100171   21999525     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Second Appraisal fee amount of $[redacted] exceeds tolerance of $0.00. Insufficient cure was provided to the Borrower.       Reviewer Comment (2021-07-06): [redacted]: Sufficient cure was provided at closing


Buyer Comment (2021-07-02): Please review attached executed FINAL CD which reflects a Lender Credit of $[redacted]. Cure was given for an under disclosed appraisal fee ($[redacted]), an under disclosed credit report fee ($[redacted]) and an undisclosed 2nd appraisal fee ($[redacted])
 07/06/2021     1 A   AZ Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B B A Non QM Non QM Yes
215511372 XXXX XXXX 100171   21999528     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [redacted] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Loan Estimate not provided within 3 business days of application. The initial LE was delivered electronically[redacted], however the E-sign disclosure was executed,[redacted]. The time line makes to issuance invalid.       Reviewer Comment (2021-07-13): [redacted] received proof of receipt, exception cleared.


Buyer Comment (2021-07-02): Please review attached Disclosure Tracking reflecting Initial Disclosures were mailed[redacted] by Fullfillment.
 07/13/2021     1 A   AZ Primary Refinance - Rate/Term   C B C B C B B A Non QM Non QM No
215511372 XXXX XXXX 100171   21999531     Credit Guideline Guideline Issue Guideline The number of financed properties exceeds guidelines.   6 financed properties > 4 financed properties allowed. The representative FICO score exceeds the guideline minimum by at least 40 points.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has worked in the same position for more than 3 years.

Borrower has verified disposable income of at least $[redacted].

Borrower has been employed in the same industry for more than 5 years.		 Entered for Lender Exception

Entered for Lender Exception

Entered for Lender Exception

Entered for Lender Exception

Entered for Lender Exception

Entered for Lender Exception		 Originator,Owner

Originator,Owner

Originator,Owner

Originator,Owner

Originator,Owner

Owner

Originator,Owner		 Reviewer Comment (2021-06-28): Entered for lender exception and waive.
     06/28/2021 2 B   AZ Primary Refinance - Rate/Term   C B C B C B B A Non QM Non QM No
215511372 XXXX XXXX 100171   21999533     Credit Credit Miscellaneous Guideline Credit Exception:   Loan file contains [redacted] 1120S as well as [redacted] and [redacted] tax transcript which do not support bank statement income. Borrower's wages are only $[redacted], and both Schedule E and Schedule C income are declining, with total income for [redacted] being negative. Provide further evidence to support income used to qualify.       Reviewer Comment (2021-07-13): Cleared


Reviewer Comment (2021-07-06): With them being in the file, we can not ignore that the income is not supported and is declining.


Buyer Comment (2021-07-01): Please note that loan transaction was previously submitted under program SP E1 requiring those income documents to verify qualifying income. Loan was re-submitted and approved under SP A10. Per [redacted] Sales Guidelines [redacted]) Section 6.3 Lenders submitting Loans to [redacted] for purchaseunder loan programs SP A10 - Select Bank Statement or 1099 must determine and document income from self-employment using, at the option of the Lender, either the Business Account Analysis Method, the Personal Account Analysis Method, or the 1099 Tax Form. In addition, Lenders must verify that Borrowers satisfy requirements regarding tenure of self-employment and the percentage ownership Borrowers hold in each of their businesses. Lenders may add Borrowers' income from self-employment to Borrowers' income from other sources. [redacted] elected the 12 months analysis period to calculate deposits from business bank statements. There is no need under this product to compare one form of income analysis to the other. Please review income calculation according to the program guidelines.
 07/13/2021     1 A   AZ Primary Refinance - Rate/Term   C B C B C B B A Non QM Non QM No
215511373 XXXX XXXX 100293   21999637     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Borrower short .13 months reserves.       Reviewer Comment (2021-06-22): Evidence of POC fees provided.


Buyer Comment (2021-06-18): appraisal invoice reflects paid by credit card on [redacted], credit report is dated [redacted]
 06/22/2021     1 A   OR Primary Purchase   C B C A C B A A Non QM Non QM No
215511373 XXXX XXXX 100293   21999638     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2021-07-08): Initial CD provided.


Buyer Comment (2021-06-30): see [redacted] CD


Reviewer Comment (2021-06-30): Please provide a copy of CD provided on [redacted] as this CD is not in the loan file.


Buyer Comment (2021-06-18): see CD Tracking, Econsent reflecting CD was sent and received on 5/28; Executed CD reflects loan closed on 6/7
 07/08/2021     1 A   OR Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
215511373 XXXX XXXX 100293   21999640     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Provide VCC or cure to the borrowers with PC CD and evidence it was sent for the addition of the $[redacted] Administration Fee.       Reviewer Comment (2021-06-25): [redacted] received Corrected CD,LOX,proof of mailing and copy of refund check.


Buyer Comment (2021-06-21): see PCCD doc[redacted] DD req
   06/25/2021   2 B   OR Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511373 XXXX XXXX 100293   21999641     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Loan file missing housing history for the borrower.       Reviewer Comment (2021-06-23): cleared


Buyer Comment (2021-06-23): See credit memo which states on free and clear properties where tax and HOI are paid mortgage history is not required
 06/23/2021     1 A   OR Primary Purchase   C B C A C B A A Non QM Non QM No
215511374 XXXX XXXX 100268   21999552     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided   Missing Deeds / Warranty / Grant / Quit-Claim from [redacted], as Trustee of The [redacted] Trust established [redacted], as to an undivided ninety-nine percent (99%) interest, and [redacted] corporation, as to an undivided one percent (1%) interest to [redacted] and [redacted], Trustee of The [redacted]Trust, established [redacted]       Reviewer Comment (2021-06-28): Provided.


Buyer Comment (2021-06-22): Uploaded, please find the Grant Deed from the sellers. Thank you.
 06/28/2021     1 A   CA Primary Purchase   D B D B A A A A Non QM Non QM No
215511374 XXXX XXXX 100268   21999554     Credit Credit Miscellaneous Guideline Credit Exception:   Missing copy of $[redacted] Note secured by [redacted] prior residence sold 3[redacted] to support Chase bill pay summary documenting $[redacted] monthly payments [redacted] to[redacted]) verify Borrower's agreed upon mortgage terms paid as agreed       Reviewer Comment (2021-06-28): Provided.


Buyer Comment (2021-06-23): Uploaded, please find the Note for 39 Crimson Rose. Thank you.
 06/28/2021     1 A   CA Primary Purchase   D B D B A A A A Non QM Non QM No
215511374 XXXX XXXX 100268   21999559     Credit Insurance Insurance Analysis Insurance The Hazard Insurance Policy effective date is after the Transaction Date.   Hazard Insurance Policy effective date [redacted] is after [redacted] disbursement date       Reviewer Comment (2021-07-08): Updated policy provided.


Buyer Comment (2021-07-02): Uploaded, please see Evidence of Insurance, effective [redacted] , prior to the Transaction Date.  Thank you.
 07/08/2021     1 A   CA Primary Purchase   D B D B A A A A Non QM Non QM No
215511374 XXXX XXXX 100268   21999560     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-06-18): Waived.


Buyer Comment (2021-06-18): [redacted] has elected to waive this exception.
     06/18/2021 2 B   CA Primary Purchase   D B D B A A A A Non QM Non QM No
215511374 XXXX XXXX 100268   21999563     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for Second Appraisal Fee tolerance.       Reviewer Comment (2021-06-15): Sufficient Cure Provided At Closing
   06/15/2021   1 A   CA Primary Purchase Final CD evidences Cure D B D B A A A A Non QM Non QM Yes
215511375 XXXX XXXX 100182   21999547     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Loan Discount Points Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-06-23): [redacted] received a valid COC for the increased fee in the file.


Buyer Comment (2021-06-16): Uploaded change of circumstance
 06/23/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215511375 XXXX XXXX 100182   21999550     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing Third Party verification of the Business start dates for Both Rio Restaurant and Tienda Del Salvador to verify business.       Reviewer Comment (2021-07-08): Documentation provided.


Buyer Comment (2021-07-02): business licenses and CPA letter


Reviewer Comment (2021-07-01): No reviewed as advised.


Buyer Comment (2021-06-25): Uploaded 1003 in error please disregard


Reviewer Comment (2021-06-22): Missing evidence of business start date through Business Entity Listing, CPA Letter or other 3rd party verification.
 07/08/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215511376 XXXX XXXX 100209   21999576     Credit Credit Miscellaneous Guideline Credit Exception:   Appraisal was not ordered through an appraisal management company. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower has worked in the same position for more than 3 years.		   Owner

Owner		 Reviewer Comment (2021-06-23): Approved lender exception provided.
     06/23/2021 2 B   NJ Primary Purchase   B B B B A A A A Non QM Non QM No
215511376 XXXX XXXX 100209   21999582     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Housing history not provided. Program requires recent 12 month housing history for review. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower has worked in the same position for more than 3 years.		   Owner

Owner		 Reviewer Comment (2021-06-23): Approved lender exception.
     06/23/2021 2 B   NJ Primary Purchase   B B B B A A A A Non QM Non QM No
215511377 XXXX XXXX 100235   21999504     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided   Missing Compliance report       Reviewer Comment (2021-07-01): Provided.


Buyer Comment (2021-06-28): Please see attached compliance report
 07/01/2021     1 A   CA Primary Refinance - Rate/Term   D B D A C B A A Non QM Non QM No
215511377 XXXX XXXX 100235   21999505     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided           Reviewer Comment (2021-07-01): Cleared.


Buyer Comment (2021-07-01): See attached Deed from title.
 07/01/2021     1 A   CA Primary Refinance - Rate/Term   D B D A C B A A Non QM Non QM No
215511377 XXXX XXXX 100235   21999508     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 23,998.37 on Final Closing Disclosure provided on [redacted] not accurate. Verified property costs are $[redacted] monthly for HOI and $[redacted] monthly for taxes for a total of $[redacted] monthly or $[redacted] per year.       Reviewer Comment (2021-07-12): [redacted] received Letter of Explanation & Corrected Closing Disclosure.


Buyer Comment (2021-06-28): Please see attached PCCD
   07/12/2021   2 B   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
215511377 XXXX XXXX 100235   21999510     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 06/14/2021 incorrectly disclosed whether the loan will have an escrow account. Final Closing Disclosure provided on [redacted] does not reflect appropriate box selection on page 4.       Reviewer Comment (2021-07-12): [redacted] received Letter of Explanation & Corrected Closing Disclosure.


Buyer Comment (2021-06-28): Please see attached PCCD
   07/12/2021   2 B   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Non QM Non QM Yes
215511377 XXXX XXXX 100235   21999511     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - 1099 transcripts were not provided.       Reviewer Comment (2021-07-01): Provided.


Buyer Comment (2021-06-29): See attached Transcripts for 1099
 07/01/2021     1 A   CA Primary Refinance - Rate/Term   D B D A C B A A Non QM Non QM No
215511378 XXXX XXXX 100272   21999527     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-06-16): Cleared


Buyer Comment (2021-06-14): see mavent added for your review
 06/16/2021     1 A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
215511378 XXXX XXXX 100272   21999534     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Loan file missing CPA letter, or other satisfactory third party source, verifying the borrowers have been self employed for 2 years. Documentation in the loan file reflects the start date of the business and that the borrower is the Agent, however there is no indication as to when either borrower started and for how long they have owned the company.       Reviewer Comment (2021-06-23): Supporting documents in file to show both are connected to the business entity listing in file.


Buyer Comment (2021-06-22): entry on [redacted]  re:borrowers are retired - not valid/please disregard


Buyer Comment (2021-06-21): entry on [redacted]  - not valid. disregard.


Buyer Comment (2021-06-21): co borrower and borrower have both indicated on their 1003 that they are retired. coborrower retired for 6+ years and borrower 6+ years, both retired in 2015. Borrower has indicated he is the owner, per application, and co-borrower income doesn't reflect any from the business. This finding should be cleared. Borrower nor coborrower indicated she had ownership in the company.


Reviewer Comment (2021-06-19): As Co Borrower is not listed on Business Entity Cert unable to use for start date as cannot confirm when Co Borrower became 50% owner. CPA Letter or other third party verification required to confirm Co Borrower start date.


Buyer Comment (2021-06-16): the coborrower isn't required to be named as an agent. the sec of state is to validate the start date and name of the business as well as the start date of the business.


Reviewer Comment (2021-06-16): Business Entity Listing does not reflect co borrower as agent


Buyer Comment (2021-06-14): see business listing, start date indicates [redacted]
 06/23/2021     1 A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
215511378 XXXX XXXX 100272   21999535     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-06-09): Sufficient Cure Provided At Closing
   06/09/2021   1 A   CA Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
215511378 XXXX XXXX 100272   21999545     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Provide VCC or cure for the addition of the Verification fee of $[redacted]rovide PC CD and evidence it was sent to the borrower.       Reviewer Comment (2021-06-22): [redacted] received Corrected CD,proof of mailing, LOX and copy of refund check.


Buyer Comment (2021-06-15): see cure/pccd/loe and delivery to borrower added for your review


Reviewer Comment (2021-06-15): [redacted] received[redacted] LE.  Fee was added on the[redacted] LE with no valid changed circumstance.  Baseline of $0 established on the[redacted] Initial LE where it was not disclosed.  Provide valid changed circumstance or cure is required with Corrected CD, LOE to borrower, copy of refund check and proof of mailing.


Buyer Comment (2021-06-14): SEE DISCLOSURE TRACKING AND REDISCLOSED LE WITH TRANSCRIPT FEE


Buyer Comment (2021-06-14): at the time that the loan was locked the tax transcripts fee was disclosed
   06/22/2021   2 B   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511378 XXXX XXXX 100272   21999549     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Provide VCC or cure for the addition of the Second Appraisal fee of $[redacted]rovide PC CD and evidence it was sent to the borrower.       Reviewer Comment (2021-06-15): Sufficient cure to borrower at closing.


Buyer Comment (2021-06-14): cure issued at closing, please review cd executed at closing
 06/15/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511379 XXXX XXXX 100174   21999580     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Lease in file indicates it was through[redacted]. Provide updated lease to reflect updated payment amount and rental history.       Reviewer Comment (2021-07-02): Provided.


Reviewer Comment (2021-06-23): Primary


Buyer Comment (2021-06-21): The broker asked:

Which lease is needed primary residence or the second home?
 07/02/2021     1 A   UT Second Home Purchase   C B C A C B A A Non QM Non QM No
215511379 XXXX XXXX 100174   21999583     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Only April statement provided.       Reviewer Comment (2021-07-02): Provided.


Reviewer Comment (2021-06-17): Please provide [redacted] statement for account [redacted]current consecutive statement months is less than two.


Buyer Comment (2021-06-15): The Citi statement is through the end of [redacted] ([redacted]). The transaction date is [redacted]. No [redacted] statement would have been available on the transaction date.
 07/02/2021     1 A   UT Second Home Purchase   C B C A C B A A Non QM Non QM No
215511379 XXXX XXXX 100174   21999588     Credit Asset Asset Documentation Asset Assets Error: Account Number  was not provided - Unable to verify Earnest Deposit source, please provide the Source documentation for the Escrow Deposit funds.       Reviewer Comment (2021-06-23): cleared


Buyer Comment (2021-06-21): Source of deposits


Reviewer Comment (2021-06-17): Wire confirmation reflects [redacted] as originating bank. Unable to source.


Buyer Comment (2021-06-15): Uploaded source for EMD
 06/23/2021     1 A   UT Second Home Purchase   C B C A C B A A Non QM Non QM No
215511379 XXXX XXXX 100174   21999593     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. 10% tolerance was exceeded by $[redacted]. No valid Change of Circumstance provided, nor was there evidence of a cure provided in file.       Reviewer Comment (2021-07-13): [redacted] received Corrected CD,LOX,proof of mailing and copy of refund check.


Buyer Comment (2021-07-12): The address on the shipping label is the mailing address on file.


Reviewer Comment (2021-07-08): [redacted] received Corrected CD,LOX,copy of refund check. However, the proof of mailing is reflecting incorrect address .Please provide evidence for proof of mailing in order to cure the exception.


Buyer Comment (2021-07-07): Fee cured


Reviewer Comment (2021-07-06): [redacted] received[redacted] CD with no LOE to borrower.  However there is no cure reflected on the CD for the tolerance violation.  Provide a corrected CD, LOE to borrower, copy of refund check and proof of mailing to cure.


Reviewer Comment (2021-06-16): The Title-CPL is included in the 10% tolerance as it is paid to the provider on the SSPL. Please provide a corrected CD, LOE, and refund check to cure.


Buyer Comment (2021-06-15): I do not see where we charged $[redacted]The last CD has $[redacted] it. The amount disclosed matches the Initial LE.


Buyer Comment (2021-06-15): Which fee specifically was under disclosed?
   07/13/2021   2 B   UT Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511379 XXXX XXXX 100174   21999594     Credit Credit Miscellaneous Guideline Credit Exception:   Bank statements reflect a loan from the trust, need repayment terms and total amount outstanding for loans.       Reviewer Comment (2021-06-17): cleared


Buyer Comment (2021-06-15): Uploaded trust documents
 06/17/2021     1 A   UT Second Home Purchase   C B C A C B A A Non QM Non QM No
215511379 XXXX XXXX 100174   21999599     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ The documents provided for tax returns state the form cannot be lodged as a paper representation of the form.       Reviewer Comment (2021-06-17): cleared


Buyer Comment (2021-06-15): Uploaded 2019 and 2020 tax returns
 06/17/2021     1 A   UT Second Home Purchase   C B C A C B A A Non QM Non QM No
215511379 XXXX XXXX 100174   21999600     Credit Missing Document General Missing Document Missing Document: Trustee's Statement not provided   Trustee documents do not state how much is paid out and for how long, the monthly deposits into the bank statements do not support totals used.       Reviewer Comment (2021-06-17): Cleared


Buyer Comment (2021-06-15): Uploaded trust documents
 06/17/2021     1 A   UT Second Home Purchase   C B C A C B A A Non QM Non QM No
215511380 XXXX XXXX 100224   21999581     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Tax return fee amount of $[redacted] exceeds tolerance of $0.00. Insufficient cure was provided to the borrower.       Reviewer Comment (2021-07-12): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-07-09): Uploaded proof of mailing to MD address as requested by the borrower.


Reviewer Comment (2021-07-09): [redacted] Received Email Confirmation for new address; however, provide tracking ID/ Proof of Mailing to Cure.


Buyer Comment (2021-07-06): Uploaded Customer address to request and Le tracking detail.


Reviewer Comment (2021-07-01): [redacted] Received PCCD, LOX, Refund Check and Proof of Mailing; however, provided Proof of Mailing showing different delivery address. Please confirm Tracking ID.


Buyer Comment (2021-06-28): Uploaded PCCD - LOX - Refund mailed per Borrowers provided corrected address. Updated CD with $[redacted] credit.


Reviewer Comment (2021-06-24): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing; however, provided PCCD shows Cure $[redacted] instead of $[redacted] and also tracking ID shows Shipment returned to the shipper. Please provide PCCD with Cure $[redacted] and Proof of Mailing to Cure.


Buyer Comment (2021-06-18): Uploaded PCCD - LOX - Refund
   07/12/2021   2 B   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511380 XXXX XXXX 100224   21999585     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Appraisal fee amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient cure was provided to the borrower.       Reviewer Comment (2021-06-24): [redacted] Upon further review sufficient cure provided at Closing.


Buyer Comment (2021-06-17): Uploaded Final Executed CD w/$[redacted] credit
 06/24/2021     1 A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511380 XXXX XXXX 100224   21999587     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   [redacted] loan approval missing from the file.       Reviewer Comment (2021-06-21): Received


Buyer Comment (2021-06-17): Uploaded [redacted] Final Approval
 06/21/2021     1 A   FL Second Home Purchase   C B C A C B A A Non QM Non QM No
215511380 XXXX XXXX 100224   21999591     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Provide mortgage history and payment amount for the borrowers' primary residence.       Reviewer Comment (2021-06-21): Agree


Buyer Comment (2021-06-17): This is a foreign national borrower. We do not require VOR/VOM on primary residence.
 06/21/2021     1 A   FL Second Home Purchase   C B C A C B A A Non QM Non QM No
215511381 XXXX XXXX 100214   21999614     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Leases for [redacted] to 6[redacted]nd 10[redacted[redacted]  provided; however there is no information for 6[redacted]o[redacted]nd additionally, both leases indicate the borrower paid in one lump sum which would not constitute a "history" and does not meet guidelines.       Reviewer Comment (2021-07-02): Evidence of $[redacted] and $[redacted] payments made as required by leases. Clear.


Buyer Comment (2021-06-29): Please revisit this. The guideline is simply that we must verify that the borrower did pay their rent or mortgage payments on time for the previous 12 months and must be ox30 in the last 6 months.  The guideline does not say they can not pay their housing payments in lump sums.  The leases and evidence of rent payments provided meets the requirement of verifying no lates on the housing payments.  The borrower was not late, the borrower made his rent payments in advance which is absolutely acceptable. Attached are the bank statements showing the rent payments being made for the full term and there were no gaps and all rent was paid on time and in the month due (in advance)  This meets the guideline requirement of ensuring the borrower was not late and the 3 bank statements provided were all that is necessary to satisfy the requirement of verifying the rent payments were made on time and were not late.


Reviewer Comment (2021-06-23): Lease extension received, however per Approval and Guidelines, housing payments must be verified via one of the following 12 months cancelled checks (file only contains 3). There is not a history of 12 payments being made.


Buyer Comment (2021-06-18): Uploaded proof of VOR Lump Sum approval
 07/02/2021     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
215511381 XXXX XXXX 100214   21999617     Property Valuation Valuation Issue Valuation The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal           Reviewer Comment (2021-06-18): Cleared


Buyer Comment (2021-06-16): Uploaded appraisal and appraisal review used for final underwriting.


Buyer Comment (2021-06-16): Uploaded 2 Appraisals. Appraisal one is for [redacted].
 06/18/2021     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
215511381 XXXX XXXX 100214   21999619     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 3,144.00 on Final Closing Disclosure provided on [redacted] not accurate. The HOA dues per the appraisal are $[redacted]/mo which would equate to a total of $[redacted] over the first year.       Reviewer Comment (2021-07-02): Appraisal provided. Clear.
 07/02/2021     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A C A Non QM Non QM Yes
215511381 XXXX XXXX 100214   21999625     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Attorney Review Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Attorney Review Fee. Fee Amount of $[redacted] exceeds tolerance of $0.00.       Reviewer Comment (2021-06-24): [redacted] upon further review borrower shopped for the service.


Buyer Comment (2021-06-17): That is a title/attorney fee shopped for, and not payable or affiliated with [redacted] Mortgage LLC
 06/24/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A C A Non QM Non QM Yes
215511381 XXXX XXXX 100214   21999626     Credit Credit Miscellaneous Guideline Credit Exception:   Per guidelines, a second full 1004 is required due to the loan size and was not in the loan file.       Reviewer Comment (2021-06-18): Cleared
 06/18/2021     1 A   FL Primary Purchase   C A C A C A C A Non QM Non QM No
215511382 XXXX XXXX 100203   21999610     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Zero Percent fee tolerance exceeded. Loan Discount Points fee $[redacted], Exceeds tolerance of $[redacted]o cure located in file.       Reviewer Comment (2021-06-23): [redacted] received valid change of circumstance for increased discount points.


Buyer Comment (2021-06-17): See uploaded Closing Disclosure 5/25 & corresponding COC.
 06/23/2021     1 A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215511382 XXXX XXXX 100203   21999611     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Zero Percent fee tolerance exceeded. Appraisal fee $[redacted] Exceeds tolerance of $[redacted]acted]ender Credit $[redacted]or increase in closing cost above legal limit shows on Final Closing Disclosure, pate 2.       Reviewer Comment (2021-06-23): Cure provided at closing.


Buyer Comment (2021-06-17): Cure provided on final CD.
 06/23/2021     1 A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215511382 XXXX XXXX 100203   21999612     Credit Missing Document General Missing Document Missing Document: VISA not provided   Visa for Borrower and Co-Borrower not provided.       Reviewer Comment (2021-07-13): cleared


Buyer Comment (2021-07-07): I am not being argumentative, but our UW and I must disagree. The guideline referenced doesn't state that a Visa is required for a Foreign National.
Section 4.7 - B states:
A foreigner; Foreigners are subject to reduced loan to value limits and other special qualification requirements, and a pricing overlay. A copy of each non-citizens' unexpired passport must be included in the Mortgage File for identification and regulatory purposes and to ensure the non-person is not holding an "A" class (diplomatic visa) or "G" class (international organization visa). Non-citizens holding an "A" class (diplomatic visa) or "G" class (international organization visa) are ineligible for financing.
I just had another loan with this same situation that was cleared by AMC.  Please clear this finding. Thank you.


Reviewer Comment (2021-07-01): The lender guidelines, section 4.7 (b) state "A copy of each non-citizens' unexpired passport must be included in the Mortgage File for identification and regulatory purposes ..."  The visa is required when the borrower is a foreign national.


Buyer Comment (2021-06-25): See uploaded FNMA guideline. The document provided is valid for 2 years and the fact that it is only renewed every 2 years is not a factor.  Per FNMA, this document satisfies this finding.  Please clear the finding.


Reviewer Comment (2021-06-21): Visa not provided, only a visa waiver program, it only allows them to stay in the country for 90 days.  Documentation has not been provided to show borrower has permission to work and live in the united states with one of the acceptable visas.


Buyer Comment (2021-06-17): See uploaded documentation which satisfies this condition. Borrower is a citizen of Great Britain.
 07/13/2021     1 A   FL Second Home Purchase   C A C A C A A A Non QM Non QM No
215511382 XXXX XXXX 100203   21999613     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Cure provided at closing.       Reviewer Comment (2021-06-23): Sufficient Cure Provided At Closing
   06/23/2021   1 A   FL Second Home Purchase Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
215511383 XXXX XXXX 100169   21999627     Credit Asset Asset Documentation Asset Missing Document: Gift Letter not provided   Missing satisfactory source verification and Gift Letter for $[redacted] Gift Funds       Reviewer Comment (2021-06-30): Cleared


Buyer Comment (2021-06-24): We provided the Final Settlement Statement which is stamped by the escrow/settlement agent. It reflects the receipt of gift funds in the amount of $[redacted]his document should suffice to cure the verification of receipt of gift funds given at time of closing. Attached is the executed final CD, which reflects on Pg. 3, a total deposit of $[redacted] ($[redacted] + $[redacted] + $[redacted])- please refer and review the Settlement Statement for itemization of credits by the Borrower. . The CD does not itemize the deposits made by the Borrower. So, in support of the final settlement statement, the executed final CD reflects the total amount of deposits.


Reviewer Comment (2021-06-23): Provide PC CD reflecting gift funds included in the transaction.


Buyer Comment (2021-06-18): Per FNMA Selling Guide, B3-4.3-04, Personal Gifts ([redacted]), Verifying Donor Availability of Funds and Transfer of Gift Funds can be supported by a settlement statement showing receipt of the donor's check as an acceptable source of documentation. Please review attached Final Settlement Statement which reflects the deposit of Gift Funds in the amount of $[redacted]n addition, the bank statement of Donor's Funds is dated[redacted], which is a reasonable timeframe of verifying funds availability as statements are issued on a monthly basis. FNMA does not indicate a specific timeframe that the source of verification must fall within.


Reviewer Comment (2021-06-16): Donor Source verification is from [redacted]  Gift is reflected as being given on [redacted]


Buyer Comment (2021-06-14): Please review the attached Gift Letter and the donor's source of funds.
 06/30/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511383 XXXX XXXX 100169   21999628     Credit Missing Document General Missing Document Missing Document: Source of Funds/Deposit not provided   Missing verification source of $[redacted] check dated [redacted] drawn on [redacted] Bank and $[redacted] withdrawal [redacted] from [redacted] #[redacted]8 are one and the same confirming source       Reviewer Comment (2021-06-16): Cleared


Buyer Comment (2021-06-14): Please note that source of funds are readily identifiable per bank statement which indicates transfer of funds derived from a financial institution (Betterment). Large deposit was then deducted/withdraw from account immediately which are not used for to complete the purchasetransaction. Please refer to FNMA guidelines B3-4.2-02, Depository Accounts ([redacted]), which indicates the following: Note: If the source of a large deposit is readily identifiable on the account statement(s), such as a direct deposit from an employer (payroll), the Social Security Administration, or IRS or state income tax refund, or a transfer of funds between verified accounts, and the source of the deposit is printed on the statement, the lender does not need to obtain further explanation or documentation. In addition, the loan file contains bank statements for Betterment which indicates Borrower as the account [redacted] In addition, per program guidelines SPA10, as set forth in the Fannie Guide: large deposits do not need to be evaluated for refinances, and when they are not needed for either Down Payment, Closing Costs or Reserves).
 06/16/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511383 XXXX XXXX 100169   21999629     Credit Guideline Guideline Issue Guideline Borrower has been on current job less than 2 years, and prior employment history was not documented as required.   Missing verification Borrower has had this business for 2 years, the business entity search reflected an initial filing date of [redacted]. Borrower has been employed in the same industry for more than 5 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower has verified disposable income of at least $[redacted].		 for lender exception/regrade.

for lender exception/regrade.		 Owner,Originator

Originator,Owner

Owner

Owner		 Reviewer Comment (2021-06-23): for lender exception/regrade.


Buyer Comment (2021-06-18): Please review attachment.


Reviewer Comment (2021-06-16): Lender exception does not provide any compensating factors.


Buyer Comment (2021-06-14): Please review Exception Request which was approved[redacted].
     06/23/2021 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511383 XXXX XXXX 100169   21999633     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [redacted] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.         Reviewer Comment (2021-06-15): [redacted] received proof of fullfillment of initial LE by other method


Buyer Comment (2021-06-14): Please review attached Disclosure Tracking Details which reflects Initial LE ([redacted]) was fulfilled  and sent to Borrower [redacted]
 06/15/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511383 XXXX XXXX 100169   21999634     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for tolerance       Reviewer Comment (2021-06-09): Sufficient Cure Provided At Closing
   06/09/2021   1 A   CA Primary Purchase Final CD evidences Cure C B C B C A A A Non QM Non QM Yes
215511385 XXXX XXXX 100178   21999568     Credit Missing Document General Missing Document Missing Document: Bank Statements - Business not provided   Missing [redacted] through [redacted] bank statements for account ending in [redacted] to support income as reflected on Final 1003.       Reviewer Comment (2021-06-18): Received
 06/18/2021     1 A   NY Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
215511385 XXXX XXXX 100178   21999569     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - Tax Service Fee reflects TBD       Reviewer Comment (2021-06-22): cured
   06/22/2021   2 B   NY Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Non QM Non QM Yes
215511385 XXXX XXXX 100178   21999570     Compliance Compliance Federal Compliance Missing Disclosure Notice of Special Flood Hazard Disclosure Not Provided Timely FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing.       Reviewer Comment (2021-06-22): cleared
 06/22/2021     1 A   NY Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
215511385 XXXX XXXX 100178   21999572     Credit Credit Miscellaneous Guideline Credit Exception:   Appraiser Certification of Non-Influence not provided.       Reviewer Comment (2021-06-24): Cleared


Buyer Comment (2021-06-23): the cert is page 5 of the appraisal that was previously uploaded. Please clear


Reviewer Comment (2021-06-22): Certificate not provided.
 06/24/2021     1 A   NY Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
215511385 XXXX XXXX 100178   21999573     Credit Credit Miscellaneous Guideline Credit Exception:   Income calculator for account ending in #[redacted]3 does not match documents provided.  The date range on the calculator is from [redacted] through [redacted].  Documents provided go through [redacted].       Reviewer Comment (2021-06-24): Cleared


Reviewer Comment (2021-06-22): same worksheet provided


Reviewer Comment (2021-06-18): Wrong worksheet provided, belongs to other account.
 06/24/2021     1 A   NY Primary Refinance - Cash-out - Other   C B C A B B A A Non QM Non QM No
215511386 XXXX XXXX 100179   21999509     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2021-06-25): Provided.
 06/25/2021     1 A   CA Primary Refinance - Cash-out - Other   C A C A B A A A Non QM Non QM No
215511386 XXXX XXXX 100179   21999512     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   COC showed rate lock change as of [redacted], however the lock in file shows a date of [redacted]. Provide lock for [redacted].       Reviewer Comment (2021-06-25): Provided.
 06/25/2021     1 A   CA Primary Refinance - Cash-out - Other   C A C A B A A A Non QM Non QM No
215511387 XXXX XXXX 100241   21999495     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - ___ Missing Mortgage statement for XXXX 2nd lien and hazard.  Missing proof of free and clear, Taxes and Insurance for XXXX.       Reviewer Comment (2021-06-30): Provided.


Buyer Comment (2021-06-23): Please review the attached HOI


Reviewer Comment (2021-06-21): Please provide the hazard insurance, as the property has a mortgage and insurance would be required.


Buyer Comment (2021-06-17): Primary residence [redacted] is an Agricultural Property as well. UW calculated expenses for this REO in the amount of $[redacted] (rounded per property taxes reflects $[redacted]  /12 = $[redacted]).  Fannie Mae does not purchaseor securitize mortgages on agricultural properties, such as farms or ranches; therefore, hazard insurance is not required.


Buyer Comment (2021-06-17): In addition, there is no 2nd lien for Primary XXXX. The only mortgage/lien attached to property is [redacted]  $[redacted]/$[redacted]


Buyer Comment (2021-06-17): Please disregard comment above as it is applied to other exception. Please see attached 'Property Details' ([redacted].)which reflects taxes in the amount of $[redacted]. UW calculated expenses for this REO in the amount of $[redacted] (rounded from $[redacted] /12 = $[redacted]). There are no mortgages/lien tied to this property; therefore, hazard insurance is not required to obtain. In addition, the attached Property Tax Record reflects site is an Agricultural Property.


Buyer Comment (2021-06-17): Please note that CA is a "Dry Funding" state where it is permissible to have the estimate signed at closing with the final issues well after consummation
 06/30/2021     1 A   CA Investment Purchase   D B C A D B A A N/A N/A No
215511387 XXXX XXXX 100241   21999496     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing payment history for 2nd lien ($1200) on Primary Property.       Reviewer Comment (2021-06-21): Cleared


Buyer Comment (2021-06-17): There is no 2nd lien for Primary XXXX.  Please review the Final 1003, signed and dated[redacted], as it reflects the correct information which discloses creditor Bk OF AMER $[redacted]/$[redacted].
 06/21/2021     1 A   CA Investment Purchase   D B C A D B A A N/A N/A No
215511387 XXXX XXXX 100241   21999497     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.         Buyer Comment (2021-06-22): Without limiting the foregoing, for a Loan to be eligible for sale to [redacted], it must be in compliance with each of the following except where compliance is not required because the loan is a business purpose / investor occupancy Loan


Reviewer Comment (2021-06-21): ECOA is required even for business purpose loans. Please provide the requested documentation. .  See below reg citation from Official Commentary to 1002.14(a)(1)-1:

1. Coverage. Section 1002.14 covers applications for credit to be secured by a first lien on a dwelling, as that term is defined in § 1002.14(b)(2), whether the credit is for a business purpose (for example, a loan to start a business) or a consumer purpose (for example, a loan to purchasea home).


Buyer Comment (2021-06-18): Please review attachment. Per [redacted] Sales Guide [redacted]) Section 11.1. Compliance Requirements : For a Loan to be eligible for sale to [redacted], the origination and servicing of the Loan must comply, in all respects, with all applicable federal, state and local laws, ordinances and regulations. Without limiting the foregoing, for a Loan to be eligible for sale to [redacted], it must be in compliance with each of the following except where compliance is not required because the loan is a business purpose / investor occupancy Loan:
a. Dodd-Frank;
b. Truth in Lending Act and the Integrated Disclosure Rule;
c. Real Estate Settlement Procedures Act;
d. Fair Credit Reporting Act;
e. Financial Institutions Reform Recovery and Enforcement Act;
f. Financial Services Modernization Act;
g. Home Ownership and Equity Protection Act;
h. Homeowners Protection Act;
i. Mortgage Disclosure Improvement Act;
j. Equal Credit Opportunity Act;
k. US Patriot Act.

Transaction is a Business Purpose/Investor Occupancy Loan.
     06/22/2021 2 B   CA Investment Purchase   D B C A D B A A N/A N/A No
215511387 XXXX XXXX 100241   21999498     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Estimated HUD-1 Used For Fee Testing Missing Final HUD-1:  Estimated HUD-1 used for any applicable Federal, State or Local compliance testing. Document provided was Estimated. Please provide Final Closing Statement.       Reviewer Comment (2021-06-30): Certified copy of closing statement provided.


Buyer Comment (2021-06-25): Please review attached Final Settlement Statement stamped


Reviewer Comment (2021-06-24): No documents attached for a [redacted]  upload. No HUD or Closing Statement provided in trailing docs. Please reupload


Buyer Comment (2021-06-22): Please review the attached Final Settlement Statement stamped by Escrow Officer


Reviewer Comment (2021-06-21): this is true, however this one does not have a stamp from the title company and the authorized signature line ahs not been signed.


Buyer Comment (2021-06-17): Please note that CA is a "Dry funding" state where it is permissible to have the estimate signed at closing with the final issued well after consummation.
 06/30/2021     1 A   CA Investment Purchase   D B C A D B A A N/A N/A No
215511387 XXXX XXXX 100241   21999499     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing.         Buyer Comment (2021-07-09): Provided Executed Final ALTA Settlement Statement


Reviewer Comment (2021-07-06): This exception was downgraded from a 3 to a 2 by compliance.


Buyer Comment (2021-07-01): Please clear exception as sufficient document was provided.


Reviewer Comment (2021-06-30): Business purpose investment not subject to HUD/CD requirement.  Closing statement used to source fees


Reviewer Comment (2021-06-30): This has been escalated for review.
     07/09/2021 2 B   CA Investment Purchase   D B C A D B A A N/A N/A No
215511388 XXXX XXXX 100227   21999524     Credit Title Document Error Title There is no dollar amount noted on the title policy.   Preliminary does not reflect a proposed title policy amount.  Amended title report or supplement indicating proposed amount is not in file.       Reviewer Comment (2021-06-18): Cleared


Buyer Comment (2021-06-16): The title and supplement with the correct loan amount is attached for your review.
 06/18/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511388 XXXX XXXX 100227   21999526     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing:   Missing 10 [redacted] #[redacted]5 personal bank statements covering period[redacted] to[redacted] to support deposits used to determine income to qualify under A10 - Bank Statement program.  Loan file contains only 14 months [redacted] to[redacted]) of the 24 months statements used to determine income       Reviewer Comment (2021-07-06): only 12 months being used


Buyer Comment (2021-07-01): I have attached the 12 month income calculator, this is a 12 month bank statement program and the underwriter has clarified this matter.  I hope you can read this and please let me know.  Also I have uploaded the updated 1003, 1008 with the income and assets updated for your review.


Reviewer Comment (2021-06-23): The uw analysis reflects analysis of 24 months of statements.  If loan was a 12 mo bk stmt program deal provide the uw's analysis reflecting only 12 mo and supporting the income on the 1008.  Condition remains open


Buyer Comment (2021-06-22): Please refer to page 58-59 in the [redacted] Guides for the SP A10 program.  Also, I have uploaded the Income Calculator used to arrive at the borrower's monthly income and there are 12 months used from [redacted]  to [redacted] , the [redacted] Mortgage Findings, the Underwriter's Conditional Approval. all which state 12 months bank statement program.  Please let me know if there is anything else you may need.  Thank you.


Reviewer Comment (2021-06-18): [redacted] used 24 months to qualify per the uw worksheet. Please provide the missing statements


Buyer Comment (2021-06-16): Please refer to page 58 of the [redacted] Guides. The Analysis Period is: The period covered by 12 or 24 months consecutive monthly bank statements, at the option of the Lender, the most recent of which predates the Date of the Loan, but which is not dated earlier than thirty-five days prior to the date of the Initial Application.
 07/06/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511388 XXXX XXXX 100227   21999532     Credit Credit Miscellaneous Guideline Credit Exception:   Missing recent 12 month VOM for [redacted] by [redacted] maximum 1 x 30 x 12 with 0 x 30 in the last 6 months from Note date       Reviewer Comment (2021-06-23): Received 13 mo pay history for the loan.


Buyer Comment (2021-06-23): I was checking back on status for this loan and it appears that the [redacted] statement, acct [redacted] , did not upload to you for some reason. I apologize and have attached the mortgage statement in [redacted]  name for your review.  Thank you.


Buyer Comment (2021-06-22): It appears that [redacted] t is owned by the borrower's ex-girlfriend and the mortgage with [redacted] and [redacted]  CU are in her name, [redacted] .  The borrower made payments to her while living there.  I have uploaded documentation regarding this matter for review.
 06/23/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511388 XXXX XXXX 100227   21999536     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2021-07-12): Account provided. Clear.


Buyer Comment (2021-07-07): I am further rebutting the borrower does not have sufficient reserves after closing.  On his [redacted]  [redacted]  statement the borrower had a balance of $[redacted].  He wired to the closing attorney on [redacted]  $[redacted] and on [redacted]  $[redacted], total funds wired from [redacted]  acct [redacted] . $[redacted] - $[redacted] = $[redacted] remaining in account [redacted] The total amount wired appears on the final CD attached for your review.  The borrower received $[redacted] back at closing because he paid too much.  Reserves = $[redacted] + $[redacted] + $[redacted] in the [redacted]  acct ending in [redacted]  = $[redacted]/ $[redacted] = 10 months reserves,  Please let me know if this is not satisfactory.  Thank you.


Buyer Comment (2021-07-06): Please provide a further explanation of why reserves of 6 months are not sufficient including the [redacted]additional assets provided.  Thank you.


Reviewer Comment (2021-07-06): none of those will clear the reserves.


Buyer Comment (2021-07-01): I have uploaded the updated 1003/1008, 12 month income calculator, revised final CD for your review.


Reviewer Comment (2021-06-30): Please provide updated 1003 and 1008 reflecting [redacted]funds as funds were not counted towards available assets.


Buyer Comment (2021-06-30): The borrower had a balance in this [redacted] acct as of 4/30 of $[redacted].  After the wire transfer of $[redacted] + [redacted] he had a remaining balance of $[redacted] which includes the monies he received back at closing.  $[redacted] + $[redacted] in his [redacted]account [redacted]4/30 = $[redacted].  & months PITI = $[redacted] x 7 = $[redacted].  Reserve requirement has been met.


Reviewer Comment (2021-06-23): Guidelines require 6 months reserves based on loan size and an additional 1 month of reserves is needed for the additional property owned by the borrower.


Buyer Comment (2021-06-21): Please provide a further explanation why 7 months reserves are required for the SP A10 program.  I have arrived at 5.5 months reserves after closing and I am not sure why that is not sufficient.  Thank you.
 07/12/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511388 XXXX XXXX 100227   21999538     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for tolerance.       Reviewer Comment (2021-06-11): Sufficient Cure Provided At Closing
   06/11/2021   1 A   CA Primary Purchase Final CD evidences Cure C B C B C A A A Non QM Non QM Yes
215511388 XXXX XXXX 100227   21999542     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-06-23): Received


Buyer Comment (2021-06-21): I have uploaded for your review the Underwriter's 1008, Conditional Approval and the [redacted] Summary Findings for your review for all the documentation/information for this loan approval.
 06/23/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511388 XXXX XXXX 100227   21999543     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-06-23): Loan is rated a 2.


Buyer Comment (2021-06-22): N/A
     06/23/2021 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511388 XXXX XXXX 100227   21999548     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.           Reviewer Comment (2021-06-23): Borrower has sufficient funds to close verified


Buyer Comment (2021-06-21): The borrower had funds verified as of 4/2021 in the amount of  $[redacted].  For closing he wired $[redacted] + $[redacted] .  $[redacted] - $[redacted] = $[redacted] in reserves.
 06/23/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511388 XXXX XXXX 100227   21999551     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   [redacted]% > 50%, The 1008 reflects almost twice the income listed on the underwriter calculation worksheet.       Reviewer Comment (2021-07-12): Cleared


Buyer Comment (2021-07-07): We have provided documentation that the first trust, second HELOC, taxes and insurance are all in the name of [redacted], the borrower's ex girlfriend.  The borrower paid her while living at XXXX pursuant to an agreement. The [redacted] Underwriter did not include any expenses for XXXX in the borrower's ratios because all mortgages, taxes, HOI is not in his name.  Please advise why you would include this monthly expense in the borrower's ratios to qualify him for the prospective loan.  Thank you.


Reviewer Comment (2021-07-06): Income has been updated and moderately exceeds 50%


Buyer Comment (2021-07-01): Please see updated income calculator completed with a 12 month average, updated 1003/1008 with income and assets updated.  Thank you.


Reviewer Comment (2021-06-30): UW income analysis reflects 24 months of income was used in calculations.


Buyer Comment (2021-06-24): I see from your income calculations that you are using a 24 month average, the underwriter has used 12 months.  Please explain why you are using 24 month average instead of 12 months which is what the underwriter's approval, [redacted] Summary Findings have confirmed is correct.  Thank you!


Reviewer Comment (2021-06-23): The income on the 1008 is not supported by the docs in file or the uw analysis and it is the actual income supported by the file that is being used to qualify regardless of the 1008.  Condition remains open pending additional support for the income on the 1008 income which is not currently in the file.


Buyer Comment (2021-06-22): I have attached the underwriter's income calculator which supports the income used on the 1008 to qualify the borrower for the prospective mortgage loan.  Thank you.
 07/12/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511388 XXXX XXXX 100227   21999553     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. DTI, The 1008 reflects almost twice the income listed on the underwriter calculation worksheet.       Reviewer Comment (2021-07-12): Cleared
 07/12/2021     1 A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C A A A Non QM Non QM Yes
215511388 XXXX XXXX 100227   21999555     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI, The 1008 reflects almost twice the income listed on the underwriter calculation worksheet.       Reviewer Comment (2021-07-12): Cleared


Buyer Comment (2021-07-09): Please update the borrower's debts less the XXXX rent he was paying to [redacted], his ex girlfriend and I will provide an updated 1008 to show you our ratios are within guidelines.  Thank you.
 07/12/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511388 XXXX XXXX 100227   21999558     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% significantly exceeds the guideline maximum of [redacted]%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) The 1008 reflects almost twice the income listed on the underwriter calculation worksheet.       Reviewer Comment (2021-07-06): Cleared
 07/06/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511388 XXXX XXXX 100227   21999562     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.)         Reviewer Comment (2021-07-12): Once the REO property that is not owned by the borrower was removed, the DTI is below 50%


Buyer Comment (2021-07-09): You have calculated more income than the [redacted] Underwriter.  The P&I qualifying payment = $[redacted] +$[redacted] + $[redacted] = $[redacted], PITI on the subject.  The borrower does not own the XXXX property, mortgage statements for the first and second trusts, tax bill and HOP in [redacted]'s name have been submitted for review.  Total debt = $[redacted]+  $[redacted] + $[redacted] =  $[redacted] divided by $[redacted] ([redacted] Underwriter's income = 46.49%.  Please review and let me know why you are including any debt on XXXX in the borrower's ratios.  Thank you.
 07/12/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511388 XXXX XXXX 100227   21999565     Credit Credit Miscellaneous Guideline Credit Exception:   Please provide corrected final CD. The figures for borrower's funds to close do not match on all pages. Page 3 should match page 1.       Reviewer Comment (2021-07-15): Cleared


Buyer Comment (2021-07-13): I have uploaded the LOE, PCCD and disclosure tracking details for the changes on page 1 and 3 of the final CD to show the correct amount of cash back to the borrower at closing.
 07/15/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215511389 XXXX XXXX 100205   21999579     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-06-17): Cleared


Buyer Comment (2021-06-15): Attached please find the Mavent Report for your review.
 06/17/2021     1 A   NJ Second Home Purchase   C B C A C B A A Non QM Non QM No
215511389 XXXX XXXX 100205   21999586     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Loan file missing evidence of the [redacted] and [redacted] mortgage payment for the borrower's primary.       Reviewer Comment (2021-06-17): cleared


Buyer Comment (2021-06-15): I am sorry the mortgage statements are not all in order but there are 14 months for your review and they are all there.  Thank you.
 06/17/2021     1 A   NJ Second Home Purchase   C B C A C B A A Non QM Non QM No
215511389 XXXX XXXX 100205   21999589     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___ Borrower's final CD reflects a fee in Section C that does not have a description or paid to designation for $14.00 to the seller. Provide PC CD with name and paid to corrected as well as evidence it was sent to the borrower.       Reviewer Comment (2021-07-01): Letter of explanation, correct PC CD provided and evidence of receipt provided.


Buyer Comment (2021-06-28): I have appreciated your help with this loan!  I have uploaded the updated PCCD, LOE and Disclosure Tracking update for your review removing the seller's fee of $[redacted].  Thanks again!


Reviewer Comment (2021-06-22): Closing Disclosure d Settlement Statement were executed at closing. Settlement Statement does not contain the $[redacted] Seller paid fee creating a discrepancy between the documents.


Reviewer Comment (2021-06-22): In order to clear this exception a Letter of Explanation & Corrected Closing Disclosure is required.


Buyer Comment (2021-06-17): I received the ALTA Settlement Statement from the settlement attorney and is attached for your review.
   07/01/2021   2 B   NJ Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
215511389 XXXX XXXX 100205   21999598     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Attorney's Fee (Closing Agent And Other).  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. There was no VCC or cure to the borrower for the addition of the $[redacted] Attorney Fee. Provide VCC or cure to the borrower. Provide PC CD with corrections as well as evidence it was sent to the borrower.       Reviewer Comment (2021-07-08): [redacted] Received PCCD and LOE with fee moving to section H.


Buyer Comment (2021-07-06): Thank you so much for the detailed explanation.  I am still learning and you took the time to further explain this to me and it is greatly appreciated.  I have uploaded the PCCD, LOE and Disclosure Tracking for your review.  Thank you again for your help!


Reviewer Comment (2021-07-06): [redacted] received a CD issued[redacted], LOE, Disclosure Tracking and changed circumstances.  However the CD & LOE received is not for this borrower or this transaction. On the Final CD, the attorney fee is located in section C of the final CD. The question is whether the attorney fee added at closing is a lender-required fee or not. If this fee is for optional attorney representation for the consumer, which they chose to have, the fee belongs in Section H which would thereby exclude the fee from any tolerance testing. As a fee disclosed in Section C, the fee is tested as a lender-required fee. As stated above, if optional and a corrected PCCD is issued with an LOE to move the fee from Section C to H, the tolerance exception can be cleared.


Buyer Comment (2021-06-25): I have uploaded the disclosure tracking, PCCD and LOE for your review.


Reviewer Comment (2021-06-16): The attorney fee is located in section C of the final CD. The question is whether the attorney fee added at closing is a lender-required fee or not. If this fee is for optional attorney representation for the consumer, which they chose to have, the fee belongs in Section H which would thereby exclude the fee from any tolerance testing. As a fee disclosed in Section C, the fee is tested as a lender-required fee. As stated above, if optional and a corrected PCCD is issued with an LOE to move the fee from Section C to H, the tolerance exception can be cleared.


Buyer Comment (2021-06-15): Please provide further information for this exception.  I can not find a Attorney's fee in that amount and have uploaded the Data Proof Sheet.  Thank you.
 07/08/2021     1 A   NJ Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511390 XXXX XXXX 100168   21999592     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-06-07): waive
     06/07/2021 2 B   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215511390 XXXX XXXX 100168   21999595     Credit Credit Credit Documentation Guideline Aged document: Credit Report  is more than 90 days prior to the note date. - Only an additional post closing report is in file.       Reviewer Comment (2021-06-09): Post-close dated credit report provided and verified no additional debts noted on report.


Buyer Comment (2021-06-07): Uploaded updated credit report (page 23 of 28)
 06/09/2021     1 A   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215511390 XXXX XXXX 100168   21999597     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - Missing Tax Verification and verification this is borrowers' account.       Reviewer Comment (2021-06-09): Provided.


Buyer Comment (2021-06-07): Assessor ID number: 2364-044-023 is for the property at [redacted]
 06/09/2021     1 A   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215511390 XXXX XXXX 100168   21999603     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted]  is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted]. 0% Tolerance exceeded by -$6.25 for Lender Credits. Final Lender Credit of $[redacted] is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted].  The file did not contain a valid COC for the reduction in the credit and there was no evidence of a tolerance cure.       Reviewer Comment (2021-06-15): [redacted] received changed circumstance.


Buyer Comment (2021-06-11): Uploaded COC and COC reason


Reviewer Comment (2021-06-09): No VCC was located in the loan file.  Cure is required for the [redacted]  reduction in lender credit.


Buyer Comment (2021-06-08): The Origination Credit was .125% throughout the file process.  If the credit is based off a percentage of the loan amount (per the lock), then if the loan amount changes, the amount of the credit changes.
 06/15/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215511390 XXXX XXXX 100168   21999605     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on [redacted], prior to three (3) business days from transaction date of [redacted].         Reviewer Comment (2021-06-09): Letter of explanation, proof of electronic delivery and updated rescission provided.


Buyer Comment (2021-06-07): Uploaded proof PCCD and LOX electronically sent to the borrower.
   06/09/2021   2 B   CA Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B C B C B A A Non QM Non QM Yes
215511390 XXXX XXXX 100168   21999606     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.         Reviewer Comment (2021-06-17): cleared


Buyer Comment (2021-06-15): Per UW: For the finding pertaining to reserves below. The PITIA for reserves is calculated off of the initial rate, not the qualifying rate. These loans are I/O for ten years and nowhere in our guidelines does it say that the reserves need to be calculated from the qualifying rate.


Reviewer Comment (2021-06-09): Based on the ARM qualifying rate, the PITIA is $[redacted] x 12 months = $[redacted] in required reserves.  The calculation using $[redacted] PITIA is using the initial rate for the P&I payment.


Buyer Comment (2021-06-08): Reserves requirement met. See attached document.
 06/17/2021     1 A   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215511390 XXXX XXXX 100168   21999607     Credit Credit Miscellaneous Guideline Credit Exception:   Bank statements used for the business named "[redacted]."  are in the name of "[redacted]" and there is no explanation/information in the file to address the discrepancy.       Reviewer Comment (2021-07-12): Cleared


Reviewer Comment (2021-06-30): Provide third party evidence the borrower is the sole owner of the Center for XXXX. Provide date company opened and evidence it has been in business for 2 years, if the bank statements are to remain as a source of income. Otherwise please advise if account should be removed.


Buyer Comment (2021-06-24): LOE uploaded
 07/12/2021     1 A   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215511391 XXXX XXXX 100246   21999621     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. 10% tolerance was exceeded by $[redacted]. No valid Change of Circumstance provided, nor was there evidence of a cure provided in file.       Reviewer Comment (2021-06-11): [redacted] received PCCD indicating cure, LOE, refund check, and proof of mailing.


Buyer Comment (2021-06-10): PCCD/Refund/LOX/Tracking uploaded for your review.
   06/11/2021   2 B   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215511391 XXXX XXXX 100246   21999622     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Administration Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-06-11): [redacted] received PCCD indicating cure, LOE, refund check, and proof of mailing.


Buyer Comment (2021-06-10): PCCD/Refund/LOX/Tracking uploaded for your review.
   06/11/2021   2 B   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215511391 XXXX XXXX 100246   21999623     Credit Credit Miscellaneous Guideline Credit Exception:   Provide percentage of ownership for [redacted] to validate use of 100% assets in account [redacted]       Reviewer Comment (2021-06-14): Removed the assets from verified assets.


Buyer Comment (2021-06-10): This account was removed from the assets.  new 1008 and 1003 uploaded.
 06/14/2021     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215511391 XXXX XXXX 100246   21999624     Credit Credit Miscellaneous Guideline Credit Exception:   Provide Appraisal Transfer letter signed by an officer of the company that ordered the appraisal and the acceptance letter from [redacted]s Appraisal Department. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower has worked in the same position for more than 3 years.

Borrower has verified disposable income of at least $[redacted].		 Lender Comp Factor

Lender Comp Factor		 Originator,Owner

Owner

Originator,Owner

Owner		 Reviewer Comment (2021-07-13): Regraded to waive for Lender Exception with Comp Factors.


Buyer Comment (2021-07-08): Exception uploaded for your review.


Reviewer Comment (2021-06-14): A complete appraisal transfer letter signed by an officer of the company that ordered the appraisal is still required.


Buyer Comment (2021-06-10): Appraisal review approval uploaded for your review.
     07/13/2021 2 B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215511392 XXXX XXXX 100187   21999651     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___.         Reviewer Comment (2021-07-07): Using start rate meets DSCR ratio.


Buyer Comment (2021-07-01): Please clarify how [redacted]arrived at DSCR of [redacted] .   The Final Reconciliation of Market Rent, Mid Range = $[redacted];  T & I = $[redacted]; Qualified on Initial Mo Pmt (Note allowed per Gl's) = $[redacted] for Net Rental Income of $[redacted] & DSCR =[redacted] %.  Per Guideline use Initial Mo Payment for qualifying.
 07/07/2021     1 A   DE Investment Purchase   C A C A     A A     No
215511393 XXXX XXXX 100281   21999655     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - VVOE and WVOE were not provided       Reviewer Comment (2021-07-06): Provided.


Buyer Comment (2021-07-01): REVERIFICATION SUPPORTS THAT BORROWER IS AT SAME JOB.


Buyer Comment (2021-07-01): THE WORK NUMBER VERIFICATION INCLUDES INCOME, SEE PAGE 3 WHICH DETAILS ANNUAL INCOME: BASE SALARY: OVERTIME: COMMISSION: BONUS. ADDED FOR YOUR REVIEW
 07/06/2021     1 A   OR Primary Purchase   C B C A C B A A Non QM Non QM No
215511393 XXXX XXXX 100281   21999657     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00  is less than amount of binding Lender Credit previously disclosed in the amount of $-551.00. Final Lender credit of $0.00 is less than the previously disclosed amount of $-551.00       Reviewer Comment (2021-07-06): [redacted] received valid COC for Lender credit


Buyer Comment (2021-07-01): see coc for information - lock extended
 07/06/2021     1 A   OR Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511393 XXXX XXXX 100281   21999659     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Verification of Tax Return fee amount of $[redacted] exceeds tolerance of $0.00. No curer was provided to the borrower       Reviewer Comment (2021-07-13): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-07-12): SEE Tolerance cure docs/LOE/Check/PCCD and proof of items sent to borrower
   07/13/2021   2 B   OR Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511393 XXXX XXXX 100281   21999660     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Appraisal fee amount of $[redacted] exceeds tolerance of $[redacted]. No cure was provided to the borrower       Reviewer Comment (2021-07-06): [redacted]: Sufficient cure was provided at closing


Buyer Comment (2021-07-01): Tolerance cure was issued at closing, see consummation cd.
 07/06/2021     1 A   OR Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511393 XXXX XXXX 100281   21999661     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Abstract / Title Search.  Fee Amount of $17.50 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title abstract fee amount of $[redacted] exceeds tolerance of $0.00. No cure was provided to eh borrower       Reviewer Comment (2021-07-13): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-07-12): see tolerance cure docs/LOE/PCCD and shipping label to borrower with refund check.
   07/13/2021   2 B   OR Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511393 XXXX XXXX 100281   21999662     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Admin fee increased on CD       Reviewer Comment (2021-07-13): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.
   07/13/2021   2 B   OR Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215511394 XXXX XXXX 100220   21999664     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-07-02): [redacted] has elected to waive this EV2 credit exception.
     07/02/2021 2 B   CA Primary Refinance - Rate/Term   D B D B C B A A Non QM Non QM No
215511394 XXXX XXXX 100220   21999665     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-08): Provided.


Buyer Comment (2021-07-02): Uploaded Mavent.
 07/08/2021     1 A   CA Primary Refinance - Rate/Term   D B D B C B A A Non QM Non QM No
215511394 XXXX XXXX 100220   21999666     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided           Reviewer Comment (2021-07-08): Updated title provided.


Buyer Comment (2021-07-02): Uploaded the Preliminary Title Policy. On page 2 the Title is vested in the name of [redacted] and [redacted] Husband and Wife.  On the informational notes section the TPOL confirms property is deeded in the name of the borrower and non borrowing spouse which agrees with the vested name on page 2. This also confirms the recording date as [redacted] and recording No. 2019000157333.  Please clear.
 07/08/2021     1 A   CA Primary Refinance - Rate/Term   D B D B C B A A Non QM Non QM No
215511394 XXXX XXXX 100220   21999669     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 2,145.00 on Final Closing Disclosure provided on [redacted] not accurate. The appraisal indicates the HOA dues are $[redacted]/mo or $[redacted] annually; however, the CD indicates the non-escrowed costs over year 1 are $[redacted]       Reviewer Comment (2021-07-13): [redacted] received Letter of Explanation & Corrected Closing Disclosure.


Buyer Comment (2021-07-02): Uploaded the PCCD and LOE, PCCD Tracking and PCCD and LOE email to borrower and non Borrowing Spouse. Used the HOA dues from the Appraisal. Please clear.
   07/13/2021   2 B   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
215511394 XXXX XXXX 100220   21999670     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). The only signed Right to Cancel document in file indicates the date of[redacted] .  There are multiple copies of other RTCs in the file with the date corrected to[redacted] ; none of them are signed/dated and therefore are not considered valid.       Reviewer Comment (2021-07-08): Updated RTC provided with signatures.


Buyer Comment (2021-07-02): Uploaded the Executed and Dated Ri9ght to Cancel from[redacted] to[redacted] which both borrowers initialed the date of[redacted]. Please clear.
 07/08/2021     1 A   CA Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form D B D B C B A A Non QM Non QM Yes
215511394 XXXX XXXX 100220   21999674     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-08): Provided.


Buyer Comment (2021-07-02): Uploaded Conditional Loan Approval
 07/08/2021     1 A   CA Primary Refinance - Rate/Term   D B D B C B A A Non QM Non QM No
215511395 XXXX XXXX 100310   21999684     Credit Credit Miscellaneous Guideline Credit Exception:   Less than 12 months housing history verified. VOR and complete supporting documents not provided       Reviewer Comment (2021-07-09): Provided.


Buyer Comment (2021-07-06): borrower payment of rents added
 07/09/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215511395 XXXX XXXX 100310   21999685     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-09): Provided.


Buyer Comment (2021-07-06): see approval added for your review
 07/09/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215511395 XXXX XXXX 100310   21999686     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-06-30): Sufficient Cure Provided At Closing
   06/30/2021   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
215511395 XXXX XXXX 100310   21999687     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Loan file does not contain any third party documentation to confirm the start date of the borrower's business (IE: CPA letter, business listing, articles of incorporation, etc.)       Reviewer Comment (2021-07-09): Provided.


Buyer Comment (2021-07-06): Borrower business registration date [redacted]
 07/09/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215511396 XXXX XXXX 100231   21999689     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.           Reviewer Comment (2021-07-09): Cleared


Buyer Comment (2021-07-06): Cancelled rent checks and lease which states who checks are payable to uploaded for your review.
 07/09/2021     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
215511396 XXXX XXXX 100231   21999691     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [redacted] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Initial Loan Estimate ([redacted]) shows received by borrower on[redacted] . Not within 3 business days of Applciation date.       Reviewer Comment (2021-07-14): [redacted] received proof Initial sent by other method for fulfillment within 3 business days of application.


Buyer Comment (2021-07-06): Econsent was not provided, therefore, Ellie Fulfillment sent the package via mail which is captured in the fulfillment box within disclosure tracking uploaded. This loan is compliant.
 07/14/2021     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
215511396 XXXX XXXX 100231   21999692     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded. Appraisal Fee $[redacted] exceed tolerance of $[redacted]acted]ender credit $[redacted] for increase in closing cost above legal limit shows on Final Closing Disclosure, page 2.       Reviewer Comment (2021-06-29): Sufficient Cure Provided At Closing
   06/29/2021   1 A   FL Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
215511396 XXXX XXXX 100231   21999693     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 5,115.00 on Final Closing Disclosure provided on [redacted] not accurate. Final Closing Disclosure shows Non Escrowed Property cost over Year 1 of $[redacted], which is not accurate. HOA dues are $[redacted] month. for total of $[redacted] for 12 months.       Reviewer Comment (2021-07-14): [redacted] received Letter of Explanation & Corrected Closing Disclosure.


Buyer Comment (2021-07-06): PCCD/LOE/Tracking uploaded for your review.
   07/14/2021   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
215511398 XXXX XXXX 100311   21999710     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 06/22/2021 did not disclouse Amount of Non-Escrowed Property Costs over Year 1 Final Closing Disclosure did not disclose Amount of Non-escrowed property cost over year 1       Reviewer Comment (2021-07-15): [redacted] received Letter of Explanation & Corrected Closing Disclosure.


Buyer Comment (2021-07-07): PCCD/LOE/Tracking uploaded for your review.
   07/15/2021   2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
215511399 XXXX XXXX 100307   21999704     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for Appraisal Report fee tolerance.       Reviewer Comment (2021-06-29): Sufficient Cure Provided At Closing
   06/29/2021   1 A   MT Primary Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
215511399 XXXX XXXX 100307   21999706     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance for increased fee amount disclosed in Initial Closing Disclosure dated[redacted].  Final Closing Disclosure does not disclose a Lender cure credit for $[redacted] tolerance.       Reviewer Comment (2021-07-07): [redacted] received a valid COC for the increased fee in the loan file.


Buyer Comment (2021-07-02): Refer to COC on page 11 and 12.
 07/07/2021     1 A   MT Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
215511401 XXXX XXXX 100202   21999700     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Ten Percent Fee Tolerance exceeded       Reviewer Comment (2021-06-30): Sufficient Cure Provided At Closing
   06/30/2021   1 A   CA Second Home Refinance - Rate/Term Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
215511401 XXXX XXXX 100202   21999702     Credit Credit Miscellaneous Guideline Credit Exception:   Based on information in the loan file, the borrower owns his primary residence, but is not on the note for it.  As an owner he would still be responsible for taxes/insurance - provide statements for both for inclusion in DTI.  If not in title, provide evidence.       Reviewer Comment (2021-07-09): LOX provided that borrower lives rent free.
 07/09/2021     1 A   CA Second Home Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215511402 XXXX XXXX 100184   21999696     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided   Not provided       Reviewer Comment (2021-07-14): Cleared


Buyer Comment (2021-07-08): Letter of explanation for cash-out uploaded
 07/14/2021     1 A   MD Investment Refinance - Cash-out - Other   C A C A     A A     No
215511402 XXXX XXXX 100184   21999697     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Missing 12 month verification of mortgage for B1 and B3       Reviewer Comment (2021-07-14): Cleared
 07/14/2021     1 A   MD Investment Refinance - Cash-out - Other   C A C A     A A     No
215511402 XXXX XXXX 100184   21999698     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-14): Cleared
 07/14/2021     1 A   MD Investment Refinance - Cash-out - Other   C A C A     A A     No
215511403 XXXX XXXX 100316   21999712     Credit Asset Asset Documentation Asset Assets Error: Account Number  was not provided - Missing documentation to verify Earnest Money. Please provide Bank Statements and Deposit receipt documentation for the XXXX deposit.       Reviewer Comment (2021-07-12): Provided. Clear.


Buyer Comment (2021-07-07): see Title Company receipt  with Merrill statement source page 6 reflects wire transfer to title company on [redacted]
 07/12/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215511403 XXXX XXXX 100316   21999713     Credit Missing Document General Missing Document Missing Document: Cancelled Check(s) not provided   Missing Earnest Money Deposit Source information and deposit receipt, Please documentation for the Earnest Money deposit amount of $[redacted].       Reviewer Comment (2021-07-12): Provided. Clear.


Buyer Comment (2021-07-07): see Title Company receipt  with XXXX statement source page 6 reflects wire transfer to title company on [redacted]
 07/12/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215511403 XXXX XXXX 100316   21999714     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Missing Earnest Money Deposit Source information. Please provide Bank account statement and Deposit Receipt for the Earnest Money deposit amount of $[redacted].       Reviewer Comment (2021-07-12): Provided. Clear.


Buyer Comment (2021-07-07): see Title Company receipt  with Merrill statement source page 6 reflects wire transfer to title company on [redacted]
 07/12/2021     1 A   CA Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM Yes
215511403 XXXX XXXX 100316   21999715     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Assets Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. Missing Earnest Money Deposit Source information. Please provide Bank account statement and Deposit Receipt for the Earnest Money deposit amount of $[redacted].       Reviewer Comment (2021-07-12): Provided. Clear.


Buyer Comment (2021-07-07): see Title Company receipt  with Merrill statement source page 6 reflects wire transfer to title company on [redacted]
 07/12/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215511403 XXXX XXXX 100316   21999716     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing Earnest Money Deposit Source information. Please provide Bank account statement and Deposit Receipt for the Earnest Money deposit amount of $[redacted].       Reviewer Comment (2021-07-12): Provided. Clear.
 07/12/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215511403 XXXX XXXX 100316   21999718     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-12): Approval required. Clear.


Buyer Comment (2021-07-07): see Approval
 07/12/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215511407 XXXX XXXX 100206   21999807     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [redacted] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) No Seller fees showing on Borrower's or Seller's Closing Disclosures.       Reviewer Comment (2021-07-13): FSBO and no seller paid costs involved.


Buyer Comment (2021-07-01): FSBO and there is no Seller paid closing cost


Reviewer Comment (2021-07-01): Seller CD, showing all seller paid fees is required to complete testing.


Buyer Comment (2021-06-15): Final Closing Statement for review
 07/13/2021     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C A A A Non QM Non QM Yes
215511407 XXXX XXXX 100206   21999808     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Ten Percent Fee Tolerance exceeded. Total  Amount of $[redacted], exceeds tolerance of $[redacted]. Lender Credit $[redacted], for increase in closing cost above legal limit shows on Final Closing Disclosure, page 2.       Reviewer Comment (2021-06-10): Sufficient Cure Provided At Closing
   06/10/2021   1 A   CA Primary Purchase Final CD evidences Cure D B D B C A A A Non QM Non QM Yes
215511407 XXXX XXXX 100206   21999809     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded. Appraisal Fee $[redacted] exceeds tolerance of $[redacted]acted] Lender Credit $[redacted]acted], for increase in closing cost above legal limit shows on Final Closing Disclosure, page 2.       Reviewer Comment (2021-06-10): Sufficient Cure Provided At Closing
   06/10/2021   1 A   CA Primary Purchase Final CD evidences Cure D B D B C A A A Non QM Non QM Yes
215511407 XXXX XXXX 100206   21999810     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Provide initial appraisal provided to the borrower on [redacted].       Reviewer Comment (2021-06-23): cleared


Buyer Comment (2021-06-21): Appraisal for review


Reviewer Comment (2021-06-17): Appraisal Notice (D0396) reflects appraisal delivery on [redacted] prior to appraisal Report Date of [redacted] by Appraiser which indicates a previous appraisal may have been performed.


Buyer Comment (2021-06-15): Appraisal for review
 06/23/2021     1 A   CA Primary Purchase   D B D B C A A A Non QM Non QM No
215511407 XXXX XXXX 100206   21999811     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Lender Exception with Compensating Factors provided for borrower not having a housing history. The representative FICO score exceeds the guideline minimum by at least 40 points.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 Originator Lender Exception Comp Factor

Originator Lender Exception Comp Factor

Originator Lender Exception Comp Factor

Originator Lender Exception Comp Factor		 Originator,Owner

Originator,Owner

Originator,Owner

Owner

Originator,Owner		 Reviewer Comment (2021-06-14): Approved lender exception
     06/14/2021 2 B   CA Primary Purchase   D B D B C A A A Non QM Non QM No
215511407 XXXX XXXX 100206   21999812     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.         Reviewer Comment (2021-06-30): Documentation provided. Clear


Buyer Comment (2021-06-23): Appraisal delivery to Borrower
 06/30/2021     1 A   CA Primary Purchase   D B D B C A A A Non QM Non QM No
215555845 XXXX XXXX 100328   22120376     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Missing evidence of Verification of Mortgage for Subject property and evidence of HOI for Borrowers Primary residence to satisfy VOM requirements per guides.       Reviewer Comment (2021-07-14): Cleared


Buyer Comment (2021-07-08): HOI Lox for review


Buyer Comment (2021-07-08): Pay History for review
 07/14/2021     1 A   FL Investment Refinance - Rate/Term   C A C A     A A     No
215555846 XXXX XXXX 100200   22120377     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Corporate Resolution not provided   Not provided       Reviewer Comment (2021-07-08): Cleared.


Buyer Comment (2021-07-03): A corporate resolution is generally required to document actions taken by the corporation, but when it comes to LLCs, resolutions are not mandated.   Please clear this condition.
 07/08/2021     1 A   WA Investment Refinance - Cash-out - Other   D A D A     A A     No
215555846 XXXX XXXX 100200   22120378     Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   HUD1 or alternate settlement statement not provided       Reviewer Comment (2021-07-26): Document received on [redacted].


Buyer Comment (2021-07-21): Please see stamped Final Settlement statement.


Reviewer Comment (2021-07-19): Settlement Statement provided is for correct property however is labeled as estimated and is not stamped by the Settlement Agent.


Buyer Comment (2021-07-12): You are correct. It is the wrong one. Please see correct uploaded HUD 1.


Reviewer Comment (2021-07-08): The closing statement provided is not for the subject property.


Buyer Comment (2021-07-03): Uploaded HUD 1.
 07/26/2021     1 A   WA Investment Refinance - Cash-out - Other   D A D A     A A     No
215555847 XXXX XXXX 100299   22120398     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy. Calculated Debt Service Coverage Ratio (Subject DSCR) of ___ does not meet Guideline Debt Service Coverage Ratio (Subject DSCR) ___.         Reviewer Comment (2021-07-19): Guidelines allow the use of the interest only initial payment.  DSCR is [redacted] %, which meets the guideline requirement.


Buyer Comment (2021-07-13): Credit report reflects 3 but one has a zero balance. tradeline is still open. Please clear


Reviewer Comment (2021-07-12): Unable to clear exception as calculations remain the same.
 07/19/2021     1 A   NJ Investment Purchase   C B C B     A A     No
215555847 XXXX XXXX 100299   22120399     Credit Missing Document General Missing Document Missing Document: Donor Check not provided   Missing Donor Check for Gift fund of $[redacted] and $[redacted].  Also missing evidence of receipt from title company for all gifts funds.       Reviewer Comment (2021-07-12): Cleared


Reviewer Comment (2021-07-12): Deposit receipt received. Please provide Donor checks for gift funds in amount of $[redacted] and $[redacted].
 07/12/2021     1 A   NJ Investment Purchase   C B C B     A A     No
215555847 XXXX XXXX 100299   22120400     Credit Missing Document General Missing Document Missing Document: Donor Check not provided   Missing Donor Check for Gift fund of $[redacted] and $[redacted].  Also missing evidence of receipt from title company for all gift funds.       Reviewer Comment (2021-07-12): Cleared
 07/12/2021     1 A   NJ Investment Purchase   C B C B     A A     No
215555847 XXXX XXXX 100299   22120401     Credit Credit Miscellaneous Guideline Credit Exception:   LOE in file indicates Borrower lives rent free which is not allowed per guides. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   Owner Reviewer Comment (2021-07-12): Lender approved exception with comp factors.
     07/12/2021 2 B   NJ Investment Purchase   C B C B     A A     No
215555847 XXXX XXXX 100299   22120402     Credit Fix and Flip General Fix and Flip Open Tradeline requirement not met. - Borrower has ___ Open Tradelines which is less than the minimum required by guidelines. Borrower does not meet tradeline requirements.       Reviewer Comment (2021-07-19): Borrower meets tradeline requirement.


Buyer Comment (2021-07-13): Credit report reflects 3 but one has a zero balance. tradeline is still open. Please clear


Reviewer Comment (2021-07-12): Credit Report reflects Borrower only has 2 open tradelines which is less than guideline requirement.
 07/19/2021     1 A   NJ Investment Purchase   C B C B     A A     No
215555847 XXXX XXXX 100299   22120403     Credit Credit Miscellaneous Guideline Credit Exception:   Appraisal was not ordered through an [redacted] per program requirements Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   Owner Reviewer Comment (2021-07-12): Approved Lender Exception with comp factors
     07/12/2021 2 B   NJ Investment Purchase   C B C B     A A     No
215555848 XXXX XXXX 100269   22120380     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2021-07-02): Provided.


Buyer Comment (2021-06-29): Fraud report for review
 07/02/2021     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
215555848 XXXX XXXX 100269   22120381     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2021-07-12): Cleared


Buyer Comment (2021-07-07): Business Purpose for review
 07/12/2021     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
215555848 XXXX XXXX 100269   22120383     Credit Credit Credit Documentation Credit No evidence of fraud report in file -         Reviewer Comment (2021-07-02): Provided.


Buyer Comment (2021-06-30): Fraud report
 07/02/2021     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
215555848 XXXX XXXX 100269   22120384     Credit Credit Credit Documentation Credit OFAC was not checked and required per guidelines. -         Reviewer Comment (2021-07-02): Verified on credit report.


Buyer Comment (2021-06-30): Mavent for review
 07/02/2021     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
215555848 XXXX XXXX 100269   22120385     Credit Credit Miscellaneous Guideline Credit Exception:   Compliance Report not provided.       Reviewer Comment (2021-07-20): Cleared


Buyer Comment (2021-07-12): Updated Mavent for review


Reviewer Comment (2021-07-12): Please provide updated Compliance Report reflecting pass for state maximum PPP. Prepayment maximum penalty on Compliance Report is incorrect.


Buyer Comment (2021-07-06): Pre Payment Penalty is 2.4% which is $[redacted] which adheres to CA law. State Rules has $[redacted] which is incorrect


Reviewer Comment (2021-07-02): Compliance report provided indicates a Fail for a state rule.  The lender guidelines require the compliance engine to verify the loan complies with all applicable federal, state and local laws, ordinances and regulations.  Provide updated compliance report showing pass for all rules.


Buyer Comment (2021-07-01): Mavent for review
 07/20/2021     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
215555848 XXXX XXXX 100269   22120387     Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Settlement Statement is not acknowledged by Borrower or Settlement Agent.       Reviewer Comment (2021-07-02): Provided.


Buyer Comment (2021-07-01): Final Closing statement
 07/02/2021     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
215555848 XXXX XXXX 100269   22120389     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.           Reviewer Comment (2021-07-02): Updated policy provided.


Buyer Comment (2021-07-01): HOI for review
 07/02/2021     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
215555848 XXXX XXXX 100269   22120391     Credit Loan Package Documentation Closing / Title Loan Package Documentation Title Error: Title vesting does not concur with deed   Note reflects borrower as individual. Security Instrument reflects vesting in LLC.       Reviewer Comment (2021-07-12): Cleared


Buyer Comment (2021-07-09): Intent to re record for review


Buyer Comment (2021-07-07): DOT and Riders for review
 07/12/2021     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
215555848 XXXX XXXX 100269   22120393     Credit Fix and Flip General Fix and Flip Personal Guarantor is required per Investor Guidelines   Security Instrument reflects vesting in LLC. Guarantor was not provided.       Reviewer Comment (2021-07-02): Guaranty provided.


Buyer Comment (2021-07-01): Guaranty for review
 07/02/2021     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
215555849 XXXX XXXX 100213   22120386     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Background Check not provided           Reviewer Comment (2021-07-07): Verified on fraud report.


Buyer Comment (2021-07-02): Please provide more information what is the Background Check Document you are looking for to review please?
 07/07/2021     1 A   FL Investment Purchase   C A C A     A A     No
215555849 XXXX XXXX 100213   22120388     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided           Reviewer Comment (2021-07-07): Provided.


Buyer Comment (2021-07-02): The Fraud Report has been uploaded for your review.
 07/07/2021     1 A   FL Investment Purchase   C A C A     A A     No
215555849 XXXX XXXX 100213   22120390     Credit Missing Document General Missing Document Missing Document: Desk Review not provided           Reviewer Comment (2021-07-07): No longer required per memo 2021-33.


Buyer Comment (2021-07-02): Please see attached [redacted] Credit Policy 2021-33.  If two appraisals were performed on the subject property, then the CDA or ARR are no longer required.
 07/07/2021     1 A   FL Investment Purchase   C A C A     A A     No
215555849 XXXX XXXX 100213   22120392     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Articles of Organization/Formation not provided           Reviewer Comment (2021-07-07): Provided.


Buyer Comment (2021-07-02): The Articles of Organization/Formation are attached for your review.
 07/07/2021     1 A   FL Investment Purchase   C A C A     A A     No
215555849 XXXX XXXX 100213   22120395     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard insurance coverage amount does not cover loan amount or estimated replacement cost from appraisal. Extended replacement coverage not noted.       Reviewer Comment (2021-07-15): Cleared


Buyer Comment (2021-07-15): I have uploaded the email from [redacted]  HOI's Insurance Agent that states that per their policy the coverage on the dwelling is sufficient.  Please advise.
 07/15/2021     1 A   FL Investment Purchase   C A C A     A A     No
215555849 XXXX XXXX 100213   22120396     Credit Credit Miscellaneous Guideline Credit Exception:   The Initial Rate Minimum and the Life Rate Minimum listed on the ARM disclosure and Note is less than the Margin listed of 5.250.       Reviewer Comment (2021-07-26): Confirmation of pricing confirmed.


Buyer Comment (2021-07-21): I have uploaded the email from the Lock Desk for your review.


Reviewer Comment (2021-07-07): The Rates match the note, but can you please confirm that this is intentional to have the floor rates below the margin.


Buyer Comment (2021-07-02): Please see snapshot of the ARM information for your review.
 07/26/2021     1 A   FL Investment Purchase   C A C A     A A     No
215555850 XXXX XXXX 100189   22120404     Credit Credit Miscellaneous Guideline Credit Exception:   Compliance Report not provided.       Reviewer Comment (2021-07-08): Provided.
 07/08/2021     1 A   NJ Investment Purchase   C B C B     A A     No
215555850 XXXX XXXX 100189   22120406     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Operating Agreement not provided           Reviewer Comment (2021-07-08): EIN document is sufficient.


Buyer Comment (2021-07-02): EIN documentation confirms bwr is the sole member of the LLC so there would be no operating agreement. This is for LLC's/Partnerships with more than 1 member who need to agree on how to operate the business.
 07/08/2021     1 A   NJ Investment Purchase   C B C B     A A     No
215555850 XXXX XXXX 100189   22120407     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___.   Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   Owner Reviewer Comment (2021-06-29): Lender approved exception with comp factors.
     06/29/2021 2 B   NJ Investment Purchase   C B C B     A A     No
215555851 XXXX XXXX 100219   22120409     Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Closing disclosure utilized as opposed to HUD-1       Reviewer Comment (2021-07-08): Provided.


Buyer Comment (2021-07-06): Upload Buyers' Statement.
 07/08/2021     1 A   MI Investment Purchase   D B D B     A A     No
215555851 XXXX XXXX 100219   22120411     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Lender Exception(s) not provided   Missing Lender exception for Borrower living rent free as reflected on 1008. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The qualifying DSCR on the loan is greater than the guideline minimum.		 Compensating factor considered to waive of exception. Owner

Owner

Originator		 Reviewer Comment (2021-07-08): Provided.


Reviewer Comment (2021-07-08): waived wrong exception.


Reviewer Comment (2021-07-08): Lender granted exception approval in file.


Buyer Comment (2021-07-03): Uploaded Exception.
 07/08/2021     1 A   MI Investment Purchase   D B D B     A A     No
215555851 XXXX XXXX 100219   22120412     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower is living rent free which is not allowed per guides. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The qualifying DSCR on the loan is greater than the guideline minimum.		 Compensating factor considered to waive of exception. Owner

Owner

Originator		 Reviewer Comment (2021-07-08): Lender granted exception approval in file.


Buyer Comment (2021-07-03): See uploaded Exception.
     07/08/2021 2 B   MI Investment Purchase   D B D B     A A     No
215555851 XXXX XXXX 100219   22120413     Credit Asset Asset Documentation Asset Asset Issue:  Gift funds are missing evidence of receipt   Gift funds are missing Donors source and evidence of receipt.       Reviewer Comment (2021-07-22): Gift funds wired directly to title company, total wired matches the single wired in amount.


Reviewer Comment (2021-07-22): As per the guidelines, we need any one of the below:
- a copy of Donor's check and the borrower's deposit slip,
- a copy of Donor's withdrawal slip and borrower's deposit slip,
- a copy of donor's check to the closing agent, or
- a settlement statement showing receipt of the donor's check.

We can also consider the Bank Statement of Donor's account. On reviewing, found, that all the Gift Funds are from JP Morgan [redacted]Bank ($[redacted]00), [redacted] ($[redacted]0) and XXXX ($[redacted]  and $[redacted] - with accounts ending 7861, 1773, 5473 and 4028 respectively.
We have Bank statements of Donor's accounts only upto [redacted] . All the Gift Letters are dated[redacted], so we need one more Bank statement of all the above accounts reflecting the Gift Funds.


Buyer Comment (2021-07-20): See attached Receipts and disbursement ledger from title. Evidences the wire in from donor.


Reviewer Comment (2021-07-19): Donors statements do not indicate any withdraw in amounts of gift funds and there is no indication of gift deposits into Borrowers account . Settlement Statement used does not reflect a receipt of any gift funds only EMD. Unable to clear


Buyer Comment (2021-07-12): Please see uploaded FNMA guideline for gift funds. Per FNMA guidelines the lender must verify sufficient funds to cover the gift are "either in the donor's account or have been transferred to the borrower's account". Acceptable documentation is one of the following:
• a copy of the donor's check and the borrower's deposit slip,
• a copy of the donor's withdrawal slip and the borrower's deposit slip,
• a copy of the donor's check to the closing agent, or
• a settlement statement showing receipt of the donor's check.
We have provided the gift letter, the donor's bank accounts and proof of receipt by the closing agent.  No additional cure is required. Please clear finding. Thank you.


Reviewer Comment (2021-07-08): The bank statements provided show the ability to gift the funds, but the withdrawal of the gift fund amounts from each respective account [redacted]deposit into the borrower's account [redacted]escrow is required.


Buyer Comment (2021-07-06): See uploaded documentation.
 07/22/2021     1 A   MI Investment Purchase   D B D B     A A     No
215555851 XXXX XXXX 100219   22120414     Credit Asset Asset Documentation Asset Earnest Money Deposit is unsourced.  Per guidelines EMD source is required.   Missing receipt of EMD from Title Company       Reviewer Comment (2021-07-08): Provided.


Buyer Comment (2021-07-06): See uploaded documentation.
 07/08/2021     1 A   MI Investment Purchase   D B D B     A A     No
215555852 XXXX XXXX 100297   22120454     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. -           07/23/2021     1 A   FL Primary Purchase   C A C A A A A A Non QM Non QM No
215555852 XXXX XXXX 100297   22120462     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.             07/09/2021   1 A   FL Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
215555853 XXXX XXXX 100267   22120447     Credit 1003 Missing Document 1003 Missing Lender's Initial 1003/Application.             07/12/2021     1 A   SC Primary Purchase   C A C A C A A A Non QM Non QM No
215555853 XXXX XXXX 100267   22120470     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower.           07/12/2021     1 A   SC Primary Purchase   C A C A C A A A Non QM Non QM No
215555853 XXXX XXXX 100267   22120471     Compliance Compliance State Compliance State Defect South Carolina Home Loan (Complaint Agency Disclosure Not Provided) South Carolina Home Loan: Borrower not provided with a document specifying the agency designated to receive complaints or inquiries about the origination and making of the loan.           07/12/2021     1 A   SC Primary Purchase   C A C A C A A A Non QM Non QM No
215555853 XXXX XXXX 100267   22120472     Compliance Compliance Federal Compliance TRID Defect TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s).  The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing.  Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $[redacted] may be required.           07/15/2021     1 A   SC Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
215555854 XXXX XXXX 100302   22120416     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-13): Provided. Clear.


Buyer Comment (2021-07-07): Please review attached Mavent Report
 07/13/2021     1 A   CA Investment Refinance - Cash-out - Other   D B C B D B A A N/A N/A No
215555854 XXXX XXXX 100302   22120417     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-07-07): LIBOR index used per transaction with Index date of [redacted]
     07/07/2021 2 B   CA Investment Refinance - Cash-out - Other   D B C B D B A A N/A N/A No
215555854 XXXX XXXX 100302   22120418     Compliance Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 (Doc Error) HUD Error:  Principal, interest and MI payment on page 3 of the  final HUD was not provided.   Only 1 page Estimated HUD was provided, unable to verify information.       Reviewer Comment (2021-07-22): Final provided. Clear.


Buyer Comment (2021-07-15): Please review attached Final Settlement Statement.


Reviewer Comment (2021-07-13): Please provide a copy of the Final Statement when available.


Buyer Comment (2021-07-07): Please note "CA" is a Dry Funding state. In Dry Funding States, it is permissible to have the estimate signed at closing with the final issued well after consummation
 07/22/2021     1 A   CA Investment Refinance - Cash-out - Other   D B C B D B A A N/A N/A No
215555854 XXXX XXXX 100302   22120419     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.         Buyer Comment (2021-07-07): Business Purpose/ Investment Occupancy loan does not have to adhere to compliance to be sold to [redacted].
     07/07/2021 2 B   CA Investment Refinance - Cash-out - Other   D B C B D B A A N/A N/A No
215555854 XXXX XXXX 100302   22120420     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Estimated HUD-1 Used For Fee Testing Missing Final HUD-1:  Estimated HUD-1 used for any applicable Federal, State or Local compliance testing.         Reviewer Comment (2021-07-22): Final provided.


Buyer Comment (2021-07-15): Please review attached Final Settlement Statement.


Reviewer Comment (2021-07-13): Please provide a copy of the Final Statement when available. Final figures required with correct disbursement date. Final can be certified copy from the title company.


Buyer Comment (2021-07-07): Please note "CA" is a Dry Funding state. In Dry Funding States, it is permissible to have the estimate signed at closing with the final issued well after consummation
 07/22/2021     1 A   CA Investment Refinance - Cash-out - Other   D B C B D B A A N/A N/A No
215555854 XXXX XXXX 100302   22120421     Compliance Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Only a 1 page Estimated Settlement Statement provided.       Reviewer Comment (2021-07-22): Final provided. Clear.


Buyer Comment (2021-07-15): Please review attached Final Settlement Statement.


Reviewer Comment (2021-07-13): Please provide a copy of the Final Statement dated with the correct Closing/Record Date to when available.


Buyer Comment (2021-07-07): In addition, estimated HUD is signed and stamped.


Buyer Comment (2021-07-07): Please note "CA" is a Dry Funding state. In Dry Funding States, it is permissible to have the estimate signed at closing with the final issued well after consummation
 07/22/2021     1 A   CA Investment Refinance - Cash-out - Other   D B C B D B A A N/A N/A No
215555855 XXXX XXXX 100183   22120457     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided           Reviewer Comment (2021-07-14): Cleared
 07/14/2021     1 A   NY Primary Purchase   D A D A C A A A Non QM Non QM No
215555855 XXXX XXXX 100183   22120464     Credit Credit Credit Calculation / Analysis Guideline Guideline Requirement: Representative FICO score discrepancy.   Missing credit report. unable to determine Fico score. Guideline minimum Fico score is 680.       Reviewer Comment (2021-07-14): cleared


Buyer Comment (2021-07-09): Please see uploaded credit report
 07/14/2021     1 A   NY Primary Purchase   D A D A C A A A Non QM Non QM No
215555855 XXXX XXXX 100183   22120466     Compliance Compliance Federal Compliance FACTA Federal FACTA Disclosure Timing Test FACTA Disclosure Rule: Creditor did not provide FACTA Credit Score Disclosure within a reasonably practicable time after using credit score. FACTA Disclosure provided to borrower[redacted] , not within 3 business days of Application date of[redacted] ,       Reviewer Comment (2021-07-14): Cleared
 07/14/2021     1 A   NY Primary Purchase   D A D A C A A A Non QM Non QM No
215555855 XXXX XXXX 100183   22120480     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Loan Designation is ATR Fail. Originator Loan Designation is Non QM.       Reviewer Comment (2021-07-14): Cleared


Buyer Comment (2021-07-09): Please see uploaded credit report
 07/14/2021     1 A   NY Primary Purchase Lender to provide updated ATR/QM status D A D A C A A A Non QM Non QM Yes
215555855 XXXX XXXX 100183   22120482     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Credit History Ability to Repay (Dodd-Frank 2014): Unable to verify debt obligations using reasonably reliable third-party records. Unable to verify debt obligations, due to missing Credit support.       Reviewer Comment (2021-07-14): Cleared


Buyer Comment (2021-07-09): Please see uploaded credit report
 07/14/2021     1 A   NY Primary Purchase   D A D A C A A A Non QM Non QM No
215555855 XXXX XXXX 100183   22120485     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. General Ablity to Repay requirements not satisfied.       Reviewer Comment (2021-07-14): Cleared
 07/14/2021     1 A   NY Primary Purchase   D A D A C A A A Non QM Non QM No
215555856 XXXX XXXX 100239   22120432     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing.         Reviewer Comment (2021-07-14): Cleared


Buyer Comment (2021-07-08): Final HUD uploaded for your review. There was no other after this.
 07/14/2021     1 A   CA Investment Refinance - Cash-out - Other   D A A A D A A A N/A N/A No
215555857 XXXX XXXX 100229   22120439     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Tax Certificate not provided           Reviewer Comment (2021-07-08): Provided. Clear.
 07/08/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
215555857 XXXX XXXX 100229   22120442     Credit Credit Miscellaneous Guideline Credit Exception:   Missing evidence of mandatory escrow accounts (impound) for the payment of real estate taxes and hazard insurance. Missing [redacted]'s escrow waiver agreement executed by Borrower and Lender       Reviewer Comment (2021-07-08): Disclosure provided. Clear.


Buyer Comment (2021-07-02): Escrow Waiver signed only by borrower
 07/08/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
215555857 XXXX XXXX 100229   22120444     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. Missing List of Homeowner Counseling Organizations provided to Borrower       Reviewer Comment (2021-07-08): Provided. Clear.
 07/08/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
215555857 XXXX XXXX 100229   22120451     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-07-02): [redacted] has elected to waive
     07/02/2021 2 B   CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
215555857 XXXX XXXX 100229   22120455     Credit Credit Miscellaneous Guideline Credit Exception:   Loan is a cash out refinance and the FNMA and Freddie appraisal risk scores could not be determined, do not see approval by appraisal risk department.       Reviewer Comment (2021-07-19): Lender approval of transferred appraisals.


Reviewer Comment (2021-07-08): Not eligible for Rep and Warrant and No Risk Score 999 available. Guidelines state (12.12), If the risk score is greater than or equal to 3.0 the appraisal will require approval by [redacted]'s appraisal review department. Please provide Appraisal Dept approval.
 07/19/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B B A A A Non QM Non QM No
215555858 XXXX XXXX 100247   22120436     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: -           07/08/2021     1 A   FL Investment Purchase   D B C A D B A A Non QM N/A No
215555858 XXXX XXXX 100247   22120437     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.               07/21/2021 2 B   FL Investment Purchase   D B C A D B A A Non QM N/A No
215555858 XXXX XXXX 100247   22120438     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing.           07/08/2021     1 A   FL Investment Purchase   D B C A D B A A Non QM N/A No
215555858 XXXX XXXX 100247   22120446     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing.           07/26/2021     1 A   FL Investment Purchase   D B C A D B A A Non QM N/A No
215555858 XXXX XXXX 100247   22120453     Compliance Compliance Federal Compliance ATR/QM Investment Property submitted as Non-QM / Exempt from ATR Ability to Repay (Dodd-Frank 2014): Improper Originator Loan Designation. Investment property not subject to Ability to Repay requirements.               07/21/2021 2 B   FL Investment Purchase   D B C A D B A A Non QM N/A No
215555858 XXXX XXXX 100247   22532625     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. NA       Reviewer Comment (2021-08-23): commitment received; final required
 08/23/2021     1 A   FL Investment Purchase   D B C A D B A A Non QM N/A No
215555860 XXXX XXXX 100222   22120535     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded. Reinspection fee $[redacted] exceeds tolerance of $[redacted]ender credit $[redacted]for increase in closing cost above legal limit shows on Final Closing Disclosure page 2.       Reviewer Comment (2021-07-01): Sufficient Cure Provided At Closing
   07/01/2021   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
215555860 XXXX XXXX 100222   22120537     Credit TRID General TRID Escrow holdbacks are present. Escrow Holdback Amount: ___         Reviewer Comment (2021-07-23): Removed on stamped closing statement.


Buyer Comment (2021-07-20): I have uploaded the Final Settlement Statement signed and stamped by the Settlement Agent for your review.


Reviewer Comment (2021-07-19): Settlement Statement provided is not executed by Borrower or stamped by Settlement Agent.


Buyer Comment (2021-07-12): The escrow hold back has been removed from the CD, [redacted] does not allow escrow holdbacks!
 07/23/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215555861 XXXX XXXX 100165   22120487     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-06-18): Sufficient Cure Provided At Closing
   06/18/2021   1 A   VT Primary Refinance - Rate/Term Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
215555861 XXXX XXXX 100165   22120488     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on [redacted], prior to three (3) business days from transaction date of [redacted].         Reviewer Comment (2021-06-30): Funding worksheet provided to verify loan didn't fund until[redacted].


Buyer Comment (2021-06-23): Please review the attached Funding Worksheet and Final CD which reflects a disbursement date of[redacted].
 06/30/2021     1 A   VT Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B C B C B A A Non QM Non QM Yes
215555861 XXXX XXXX 100165   22120489     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided at least three (3) business days prior to closing       Reviewer Comment (2021-06-30): The initial CD was provided.


Buyer Comment (2021-06-23): Please review the attached Initial CD issued [redacted]
 06/30/2021     1 A   VT Primary Refinance - Rate/Term No Defined Cure C B C B C B A A Non QM Non QM No
215555861 XXXX XXXX 100165   22120490     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI over guides The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Lender compensating factor Owner

Owner

Owner,Originator		 Reviewer Comment (2021-06-22): Lender granted exception
     06/22/2021 2 B   VT Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215555861 XXXX XXXX 100165   22120491     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. DTI over guide The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Lender compensating factor Owner

Owner

Owner,Originator		 Reviewer Comment (2021-06-22): Lender granted an exception
     06/22/2021 2 B   VT Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215555861 XXXX XXXX 100165   22120492     Credit Credit Miscellaneous Guideline Credit Exception:   Subject property is 20 acres vs the program maximum of 15 acres. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Lender compensating factor Owner

Owner

Owner,Originator		 Reviewer Comment (2021-06-22): Lender granted an exception
     06/22/2021 2 B   VT Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215555861 XXXX XXXX 100165   22120493     Credit Credit Miscellaneous Guideline Credit Exception:   Subject property is a log home which is an ineligible property type per guidelines.  Additionally, the appraisal indicates the water source is a spring with no additional information.  Guidelines require that properties be suitable for year round use and it is questionable  without additional information if a spring would provide water year round. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has worked in the same position for more than 3 years.

Borrower has been employed in the same industry for more than 5 years.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Lender compensating factor Owner

Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-07-19): Property type lender exception with comp factors. Condition clear.


Buyer Comment (2021-07-12): Please review attached exception approval


Reviewer Comment (2021-06-30): Comments from the appraiser, in site comments, addresses the source of water.  However, the property is a log home.  Lender guidelines, section 12.2 indicate log homes are not eligible.


Buyer Comment (2021-06-24): Property is suitable for year round occupancy as loan transaction is a Refinance on a Primary residence. Borrower acquired property in 1990.
     07/19/2021 2 B   VT Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215555861 XXXX XXXX 100165   22120494     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Provide evidence of receipt of initial CD.       Reviewer Comment (2021-07-27): [redacted] received confirmation of receipt, exception cleared.


Buyer Comment (2021-07-27): Please review disclosure tracking details which reflects Borrower received and reviewed Initial CD [redacted] per eDiscloure


Reviewer Comment (2021-07-13): [redacted] re-reviewed CD dates. Initial CD issued [redacted] without proof of receipt, mailbox rule in effect and would not have been received by borrower 3 business days prior to the close date.  Provide proof of earlier receipt.


Buyer Comment (2021-07-02): Please review data input as Closing date was[redacted] and Initial CD was issued on [redacted] which is 3 days prior to closing date.
 07/27/2021     1 A   VT Primary Refinance - Rate/Term No Defined Cure C B C B C B A A Non QM Non QM No
215555862 XXXX XXXX 100234   22120495     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-06-19): Cleared


Buyer Comment (2021-06-16): Uploaded report.
 06/19/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215555862 XXXX XXXX 100234   22120497     Credit Credit Miscellaneous Guideline Credit Exception:   Provide the title of the person that signed the transfer letter and evidence [redacted]'s Appraisal Dept accepted the appraisal.       Reviewer Comment (2021-06-19): Cleared


Buyer Comment (2021-06-18): Uploaded transfer letter showing title of person signing.
 06/19/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215555862 XXXX XXXX 100234   22120504     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Excessive DTI due to incorrect property taxes used for the subject at origination and incorrect income calculation. The lessor of YTD, 2 year average or most recent year average is to be used. Review used 2 year average ([redacted] and [redacted]). Origination used YTD and [redacted], which was not the "lessor" as required by Guidelines 6.3.  Tax bill reflects[redacted]% millage rate, or $[redacted] annually (.011022 x 1,250,000) and $[redacted] for annual assessments. Together they total $[redacted] monthly. Origination only used $[redacted] for tax liability.       Reviewer Comment (2021-07-28): 1 year 1099 calculation is allowed by guidelines.


Buyer Comment (2021-07-22): This loan is using the 1 year 1099 income calculation method.     [redacted] 1099  [redacted] x 90% = [redacted] / 12 = [redacted] monthly       This is the lesser of the [redacted] (most recent year)   and [redacted] YTD which was [redacted] x 90% = [redacted] / 6 =[redacted] monthly therefore using the 1 year method is acceptable and meets the requirements of the A10 guidelines.  Please update your income to reflect [redacted].    Additionally please omit the Self reported Utility payment of $[redacted] monthly and omit the Self reported telecom pmt of $[redacted] those should not be included in the DTI.   Once those correction are made the DTI will be within the threshold and all outstanding exceptions should be resolved.     See the Guideline below for reference    
The Borrower's monthly income determination using the 1099 Tax Form Method is as follows:
For a one-year income calculation, the lesser of a. the income reported on the Borrower's 1099 tax forms for the Applicable Year (as defined below) multiplied by a 90% profit margin and then divided by 12 months, or b. 90% of the Borrower's year to date income, for the current year, converted into a monthly average. For the purposes hereof, the Applicable Year is the calendar year prior to the date of the Borrower's Initial Application unless i. the date of the Initial Application is in January, and ii. the Borrower's 1099 tax forms for the calendar year prior to the date of the Borrower's Initial Application are unavailable, in which case the Applicable Year is the calendar year two years prior to the date of the Initial Application.


Reviewer Comment (2021-06-19): Reviewed finding. Unable to clear. Property taxes for a purchaseshould be based of purchaseprice, Income calculations per 6.3 must be the "lessor" which was 2 year average.


Buyer Comment (2021-06-16): Please reconsider this finding. Taxes are calculated on the Property Assessment Value of $[redacted] X .011022 = $[redacted]  plus $[redacted]  = $[redacted]  divided by 12 = $[redacted].
 07/28/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215555862 XXXX XXXX 100234   22120506     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Designation failure due to ATR failure for excessive DTI.       Reviewer Comment (2021-07-28): 1 year 1099 calculation is allowed by guidelines.


Buyer Comment (2021-07-22): Correct DTI is [redacted] %  Once the corrections re made to remove the 2 self reported Utilities / telecom from the DTI and income is updated based on using the 1 year 1099 method which is allowed the DTI will be within the threshold and ATR exceptions resolved.


Reviewer Comment (2021-06-19): Unable to clear due to open condition for taxes and income.


Buyer Comment (2021-06-16): This is a waterfall finding related to findings for which documentation has been provided.
 07/28/2021     1 A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C A C A C A A A Non QM Non QM Yes
215555862 XXXX XXXX 100234   22120508     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. ATR failure due to excessive DTI.       Reviewer Comment (2021-07-28): 1 year 1099 calculation is allowed by guidelines.


Buyer Comment (2021-07-22): DTI is [redacted] % once updates to income and liabilities are made.


Reviewer Comment (2021-06-19): Unable to clear due to open condition for taxes and income.


Buyer Comment (2021-06-16): This is a waterfall finding related to other findings.
 07/28/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215555862 XXXX XXXX 100234   22120509     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) Excessive DTI due to improper income average used and incorrect property taxes applied for the subject at origination.       Reviewer Comment (2021-07-28): 1 year 1099 calculation is allowed by guidelines.


Buyer Comment (2021-07-28): this is a waterfall finding related to other findings for which documentation has been provided.


Reviewer Comment (2021-06-19): Unable to clear due to open condition for taxes and income.


Buyer Comment (2021-06-16): Please reconsider this finding. Taxes are calculated on the Property Assessment Value of $[redacted] X .011022 = $[redacted]  plus $[redacted]  = $[redacted]  divided by 12 = $[redacted].
 07/28/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215555863 XXXX XXXX 100264   22120538     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-12): Cleared


Buyer Comment (2021-07-06): [redacted] approves the lender to use their own compliance engine in lieu of Mavent or ComplianceEase.  The correspondent's system automatically tests for TRID, Safe Harbor, QM, State, Federal, Agency tests etc.  Please clear condition.


Reviewer Comment (2021-07-06): Has the compliance engine been approved by [redacted]?


Buyer Comment (2021-07-01): This Lender has done quite a few Loans with [redacted] and the Compliance Report is the same that the Lender always closes with. Please re review It checks all compliance areas and reports pass or fail. Thanks


Reviewer Comment (2021-07-01): Lender guidelines require the compliance report to be from Mavent or ComplianceEase.  The report provided is not from an approved vender required by guidelines.


Buyer Comment (2021-06-28): Compliance report for review
 07/12/2021     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
215555863 XXXX XXXX 100264   22120539     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. Missing List of Homeowner Counseling Organizations provided to Borrower       Reviewer Comment (2021-07-01): Provided.


Buyer Comment (2021-06-28): Homeowners Counseling for review
 07/01/2021     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
215555863 XXXX XXXX 100264   22120542     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance.   Final Closing Disclosure does not disclose Lender's cure credit for $[redacted] tolerance       Reviewer Comment (2021-07-16): [redacted] Received PCCD alongwith LOE moving fee to section C.


Buyer Comment (2021-07-09): PCCD and LOX for review


Reviewer Comment (2021-07-08): The Title- Mobile Closer Fee of $[redacted] is causing the tolerance exception.  It appears however that this fee is placed in the wrong section and should be placed in Section C since the borrower was allowed to shop and used a provider not on the SSPL.  Please provide corrected CD placing fee in correction Section and LOE.


Buyer Comment (2021-06-28): Please provide the name of the Fee you are referencing
 07/16/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555863 XXXX XXXX 100264   22120544     Credit Missing Document General Missing Document Missing Document: Bank Statements - Business not provided   Missing 11 months [redacted] #[redacted]3 [redacted] business statements covering period[redacted] to[redacted] supporting gross deposits used to determine income used to qualify       Reviewer Comment (2021-07-01): Provided.


Buyer Comment (2021-06-25): B[redacted] Statements for review
 07/01/2021     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
215555863 XXXX XXXX 100264   22120545     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing 11 months XXXX. #1353 XXXX. P.A business statements covering period 5/31/2020 to 3/31/2021 supporting gross deposits used to determine income used to qualify       Reviewer Comment (2021-07-01): Provided.


Buyer Comment (2021-06-28): Bank Statements provided
 07/01/2021     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
215555863 XXXX XXXX 100264   22120546     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - One month XXXX #1383 XXXX P.A. business statement (4/1/2021 to 4/30/2021 is less than two months statements required       Reviewer Comment (2021-07-01): Provided.


Buyer Comment (2021-06-28): Bank Statements provided
 07/01/2021     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
215555863 XXXX XXXX 100264   22120547     Credit 1003 Missing Document 1003 Missing Lender's Initial 1003/Application.           Reviewer Comment (2021-07-01): Provided.


Buyer Comment (2021-06-28): Initial 1003 for review
 07/01/2021     1 A   FL Primary Purchase   C A C A C A A A Non QM Non QM No
215555864 XXXX XXXX 100258   22120608     Credit Asset Asset Documentation Asset Earnest Money Deposit is unsourced.  Per guidelines EMD source is required.   Missing copy of $[redacted] Earnest Monet Deposit check, source verification and escrow's deposit receipt       Reviewer Comment (2021-07-08): Provided. Clear.


Buyer Comment (2021-07-06): see EMD wire receipt with corresponding bank statement reflecting debit on [redacted]
 07/08/2021     1 A   IL Primary Purchase   C B C B C B C A Non QM Non QM No
215555864 XXXX XXXX 100258   22120609     Credit Credit Miscellaneous Guideline Credit Exception:   11 month housing history (D0343) < 12 months required at approved A10 - Bank Statement program. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has worked in the same position for more than 3 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 DTI is [redacted]% below program requirement Owner

Owner

Owner,Originator		 Reviewer Comment (2021-07-24): Lender approved exception with comp factors.


Buyer Comment (2021-07-16): see Approved exception
     07/24/2021 2 B   IL Primary Purchase   C B C B C B C A Non QM Non QM No
215555864 XXXX XXXX 100258   22120610     Credit Credit Miscellaneous Credit Missing Document: Credit Letter of Explanation (LOE) not provided   Missing Borrowers' signed letter of explanation for derogatory credit items reported by credit bureaus       Reviewer Comment (2021-07-08): Derog credit over 3 years old. Clear.


Buyer Comment (2021-07-06): Guidelines for the A10 program only require a LOE for derogatory items greater than 60 days past due. The only derogatory account is XXXX which only reflects 1x60 - please provide what  account [redacted]is required borrower to provide LOE for
 07/08/2021     1 A   IL Primary Purchase   C B C B C B C A Non QM Non QM No
215555864 XXXX XXXX 100258   22120612     Property Property - Appraisal Appraisal Data Integrity Property - Appraisal Appraiser's license or certification was not active at the time of the appraisal. -         Reviewer Comment (2021-07-08): Provided. Clear.


Buyer Comment (2021-07-06): see Appraiser license expires[redacted]
 07/08/2021     1 A   IL Primary Purchase   C B C B C B C A Non QM Non QM No
215555864 XXXX XXXX 100258   22120614     Compliance Compliance State Compliance State Defect Illinois SB 1894 IL Predatory Lending Database Program (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording.         Reviewer Comment (2021-07-08): Provided. Clear.


Buyer Comment (2021-07-06): see Mortgage with certificate of compliance
 07/08/2021     1 A   IL Primary Purchase   C B C B C B C A Non QM Non QM No
215555864 XXXX XXXX 100258   22120616     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $46.00 exceeds tolerance of $23.00.  Insufficient or no cure was provided to the borrower. Final Closing Disclosure discloses a $[redacted] Lender cure credit for tolerances is less than $[redacted] required.       Reviewer Comment (2021-07-09): [redacted] Received COC dated [redacted]for loan amount change and loan lock.


Buyer Comment (2021-07-06): see COC
 07/09/2021     1 A   IL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B C A Non QM Non QM Yes
215555864 XXXX XXXX 100258   22120617     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Final Closing Disclosure discloses a $[redacted] Lender cure credit for tolerances is less than $[redacted] required.       Reviewer Comment (2021-07-20): [redacted] r3eceived corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-19): see PCCD docs


Reviewer Comment (2021-07-12): [redacted]: Please confirm the $[redacted] cure is for which fee. If the $[redacted] cure is not applied to Verification of Tax return fee than we need lender cure for $50 along with Post CD, LOE, Proof of delivery and copy of check  or
 if $[redacted] is applied to Verification of Tax return fee on final CD than we need additional cure for $[redacted] along with Post CD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-09): Section J reflects $[redacted] cure was provided at closing. Please confirm $[redacted] refund will clear finding
   07/20/2021   2 B   IL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B C A Non QM Non QM Yes
215555865 XXXX XXXX 100233   22120441     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-06): Provided
 07/06/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555865 XXXX XXXX 100233   22120448     Credit 1003 Missing Document 1003 Missing Lender's Initial 1003/Application.           Reviewer Comment (2021-07-06): Provided
 07/06/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555865 XXXX XXXX 100233   22120450     Credit Loan Package Documentation Application / Processing Loan Package Documentation 1003 Error: # of years at current address was not provided -         Reviewer Comment (2021-07-06): Cleared
 07/06/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555865 XXXX XXXX 100233   22120456     Compliance Compliance Federal Compliance TRID Defect TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s).  The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing.  Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $[redacted] may be required. Loan Estimate not provided within loan images to evidence delivery to the Borrower(s).       Reviewer Comment (2021-07-13): [redacted] received[redacted] LE
 07/13/2021     1 A   NJ Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
215555865 XXXX XXXX 100233   22120458     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2021-07-06): Cleared
 07/06/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555865 XXXX XXXX 100233   22120460     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. (Final/[redacted])       Reviewer Comment (2021-07-13): [redacted] received[redacted] CD
 07/13/2021     1 A   NJ Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
215555865 XXXX XXXX 100233   22120463     Compliance Compliance Federal Compliance Missing Application Date Missing Initial Loan Application Test No evidence of application date located in file.  Compliance tests were run using an application date of [redacted] which is 1 months prior to consummation. A lookback was performed to determine this application date.         Reviewer Comment (2021-07-06): cleared
 07/06/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555865 XXXX XXXX 100233   22120468     Compliance Compliance Federal Compliance TILA NMLS - Missing Evidence of Initial Loan Application Date Truth in Lending Act (NMLSR Dodd- Frank 2014): Unable to determine compliance with NMLSR timing requirements due to missing evidence of initial loan application date.         Reviewer Comment (2021-07-06): cleared


Buyer Comment (2021-06-30): uploaded 1003
 07/06/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555865 XXXX XXXX 100233   22120474     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 4.54150% or Final Disclosure APR of 4.55900% is in excess of allowable threshold of APOR 3.00% + 1.5%, or 4.50000%.  Compliant Higher Priced Mortgage Loan.         Reviewer Comment (2021-07-06): cleared
 07/06/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555865 XXXX XXXX 100233   22120476     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - ECOA Timing ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. Please review       Reviewer Comment (2021-07-09): Disclosure provided. Clear
 07/09/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM Yes
215555865 XXXX XXXX 100233   22120477     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - HPML Timing HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. Please review       Reviewer Comment (2021-07-09): Disclosure provided. Clear
 07/09/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555865 XXXX XXXX 100233   22120479     Compliance Compliance Federal Compliance TRID TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. Missing SSPL disclosure       Reviewer Comment (2021-07-14): cleared
 07/14/2021     1 A   NJ Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
215555865 XXXX XXXX 100233   22120481     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Attorney's Fee (Closing Agent Only).  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. [redacted][redacted] received missing Initial LE dated 4-23 & Initial CD dated 6-15.  As missing SSPL & fee is not a Title Fee, the question is whether the attorney fee is a lender required fee or not.  If this fee is for optional attorney representation for the consumer, which they chose to have, the fee belongs in Section H which would then exclude from testing.  As the fee was disclosed in Section C, the fee is tested as a lender-required fee, albeit selected by the borrower, under § 1026.38(f)(3): If required by the lender, they will need to show how consumer had the ability to shop for this fee when it was added to the final CD on the day of closing. As stated above, if optional and a corrected PCCD is issued with an LOE to move the fee from Section C to H, the tolerance exception can be cleared, otherwise a cure is required to borrower.       Reviewer Comment (2021-07-14): [redacted] received SSPL  and the borrower had shopped for their service,
 07/14/2021     1 A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555865 XXXX XXXX 100233   22120483     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Notice of Settlement Fee.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. [redacted][redacted] received missing Initial LE dated [redacted] & Initial CD dated 6-15.  Missing SSPL disclosure to determine if shoppable or not and currently tested as 0%.  Provide SSPL disclosure for proper testing.       Reviewer Comment (2021-07-14): [redacted] received SSPL  and the borrower had shopped for their service,
 07/14/2021     1 A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555865 XXXX XXXX 100233   22120484     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transaction Management.  Fee Amount of $35.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. [redacted][redacted] received missing Initial LE dated [redacted] & Initial CD dated 6-15.  Missing SSPL disclosure to determine if shoppable or not and currently tested as 0%.  Provide SSPL disclosure for proper testing.       Reviewer Comment (2021-07-14): [redacted] received SSPL  and the borrower had shopped for their service,
 07/14/2021     1 A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555866 XXXX XXXX 100286   22120498     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. -         Reviewer Comment (2021-07-02): Provided. Clear


Buyer Comment (2021-06-29): This is an apartment building so there is no property taxes that are paid by the owner. Just insurance and HOA
 07/02/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555866 XXXX XXXX 100286   22120499     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 4.54110% or Final Disclosure APR of 4.57500% is in excess of allowable threshold of APOR 3.00% + 1.5%, or 4.50000%.  Non-Compliant Higher Priced Mortgage Loan.         Reviewer Comment (2021-07-09): Updated document provided.
 07/09/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555866 XXXX XXXX 100286   22120500     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2021-07-09): Provided.
 07/09/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555866 XXXX XXXX 100286   22120501     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.  Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].       Reviewer Comment (2021-07-07): [redacted] received SSPL and therefore the fees are borrower shopped for and cure not required,
 07/07/2021     1 A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555866 XXXX XXXX 100286   22120502     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted].       Reviewer Comment (2021-07-13): [redacted] received changed circumstance.


Reviewer Comment (2021-07-09): [redacted] received copy of[redacted] final CD reflecting cure of $[redacted], however this is insufficient cure to borrower.  Fee was added on [redacted] LE without a valid changed circumstance.  If receive a valid changed circumstance for this date, then there will be sufficient cure.  Changed circumstance in file dated 6-1 only states rate locked and did not give additional information on why this fee was added.  Provide additional information to validate the addition of the fee charge to borrower or full cure would be required.


Reviewer Comment (2021-07-09): Exception Detail Updated from: TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. (7505)


Reviewer Comment (2021-07-09): Cure provided on final CD.


Buyer Comment (2021-07-09): cure applied at closing. Please see CD


Reviewer Comment (2021-07-07): [redacted] required a valid COC for the increased fee or provide cure documents i.e. corrected CD,LOX ,proof of mailing and copy of refund check.
 07/13/2021     1 A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555866 XXXX XXXX 100286   22120503     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Abstract / Title Search.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Title - Abstract / Title Search. Fee Amount of $[redacted] exceeds tolerance of $0.00.       Reviewer Comment (2021-07-07): [redacted] received SSPL and the borrower had shopped for the service. Therefore, cure not required.
 07/07/2021     1 A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555866 XXXX XXXX 100286   22120505     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Service Charges.  Fee Amount of $30.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.  Zero Percent Fee Tolerance exceeded for Title - Service Charges. Fee Amount of $[redacted] exceeds tolerance of $0.00.       Reviewer Comment (2021-07-07): [redacted] received SSPL and the borrower had shopped for the service. Therefore, cure not required.
 07/07/2021     1 A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555866 XXXX XXXX 100286   22120507     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Wire /Funding/ Disbursement Fee.  Fee Amount of $15.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.  Zero Percent Fee Tolerance exceeded for Title - Wire /Funding/ Disbursement Fee. Fee Amount of $[redacted] exceeds tolerance of $0.00.       Reviewer Comment (2021-07-07): [redacted] received SSPL and the borrower had shopped for the service. Therefore, cure not required.
 07/07/2021     1 A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555866 XXXX XXXX 100286   22120510     Compliance Compliance Federal Compliance TRID Defect TRID Loan Estimate Timing TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application. (Initial/[redacted])       Reviewer Comment (2021-07-09): Updated document provided.
 07/09/2021     1 A   NJ Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
215555866 XXXX XXXX 100286   22120512     Compliance Compliance Federal Compliance TRID TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. Borrower not provided with list of service providers.       Reviewer Comment (2021-07-09): Provided.
 07/09/2021     1 A   NJ Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
215555866 XXXX XXXX 100286   22120513     Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. -         Reviewer Comment (2021-07-09): VVOE provided.
 07/09/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555866 XXXX XXXX 100286   22120514     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - ECOA Timing ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. Confirmed dates to be accurate however support validation.       Reviewer Comment (2021-07-09): Updated document provided.
 07/09/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM Yes
215555866 XXXX XXXX 100286   22120515     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - HPML Timing HPML - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. Confirmed dates to be accurate however support validation.       Reviewer Comment (2021-07-09): Updated document provided.


Buyer Comment (2021-07-06): uploaded appraisal delivery
 07/09/2021     1 A   NJ Primary Purchase   C A C A C A A A Non QM Non QM No
215555866 XXXX XXXX 100286   22120517     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Desk Review Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure to borrower at closing       Reviewer Comment (2021-07-13): Sufficient Cure Provided At Closing
   07/13/2021   1 A   NJ Primary Purchase Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
215555867 XXXX XXXX 100291   22120532     Credit Credit Credit Eligibility Guideline There are red flags on the fraud report that have not been addressed - Red flags on the Fraud report have not been addressed. Auto Refer: App Verify       Reviewer Comment (2021-07-27): Provided.


Buyer Comment (2021-07-21): I have uploaded the Drive Report with Pass results.  Thank you.
 07/27/2021     1 A   NV Primary Purchase   C A C A A A A A Non QM Non QM No
215555868 XXXX XXXX 100243   22120518     Property Property - Appraisal Appraisal Documentation Property - Appraisal The property type differs between the valuation documents in file. Unable to verify the property type.  Ineligible per guidelines.   The property type is PUD on appraisal dated [redacted] and Single Family on the appraisal dated [redacted].       Reviewer Comment (2021-07-28): Clarification and supporting documents provided to verify the subject has an HOA fee, but not considered a PUD.


Buyer Comment (2021-07-28): Please see uploaded appraisal review addressing all issues.


Reviewer Comment (2021-06-30): Appraisal documentation uploaded does not address the differences in subject being a PUD or SFR.


Buyer Comment (2021-06-25): See uploaded [redacted] Acceptance & justification of appraisals.
 07/28/2021     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
215555868 XXXX XXXX 100243   22120520     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Missing verifiable amount for rental agreement, no Verification of Rent provided in file. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		   Owner

Owner		 Reviewer Comment (2021-07-28): Lender granted exception approval in file.


Reviewer Comment (2021-07-28): Needs to be waived/regraded instead of cleared.


Reviewer Comment (2021-07-26): Document Associated with clarity exception cleared


Buyer Comment (2021-07-21): Please see uploaded Exception.
     07/28/2021 2 B   CA Primary Purchase   C B C B C B C A Non QM Non QM No
215555868 XXXX XXXX 100243   22120521     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Loan file missing lease to evidence borrower's rent payment and cancelled checks. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		   Owner

Owner		 Reviewer Comment (2021-07-28): Lender granted exception in file.


Reviewer Comment (2021-07-28): Needs to be waived/regraded instead of cleared.


Reviewer Comment (2021-07-26): Document Associated with clarity exception cleared


Buyer Comment (2021-07-21): Please see uploaded Exception.
     07/28/2021 2 B   CA Primary Purchase   C B C B C B C A Non QM Non QM No
215555868 XXXX XXXX 100243   22120522     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00  is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted]. 0% Tolerance exceeded by -$[redacted] for Lender Credits. Final Lender Credit of $0.0 is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted].  The file did not contain a valid COC for the reduction in the credit and there was no evidence of a tolerance cure.       Reviewer Comment (2021-07-06): [redacted] received additional information on changed circumstance.


Buyer Comment (2021-06-17): See uploaded 5-10 LE & corresponding COC.
 07/06/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B C A Non QM Non QM Yes
215555868 XXXX XXXX 100243   22120523     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Loan Discount Points Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-06-24): [redacted] Received COC for loan amount changed.


Buyer Comment (2021-06-17): See uploaded 5-19 COC & LE.
 06/24/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B C A Non QM Non QM Yes
215555868 XXXX XXXX 100243   22120524     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Verification of Tax Return Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-06-24): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-06-22): Uploaded refund documentation.
   06/24/2021   2 B   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B C A Non QM Non QM Yes
215555868 XXXX XXXX 100243   22120525     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted].00 due to Administration Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-06-24): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-06-22): Uploaded refund documentation.
   06/24/2021   2 B   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B C A Non QM Non QM Yes
215555868 XXXX XXXX 100243   22120526     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Wire /Funding/ Disbursement Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Title-Wire/Funding/Disbursement Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-06-24): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-06-22): Uploaded refund documentation.
   06/24/2021   2 B   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B C A Non QM Non QM Yes
215555868 XXXX XXXX 100243   22120527     Credit Credit Miscellaneous Guideline Credit Exception:   Provide evidence of exact amount of Spousal Support and how it was calculated. Decree states it could be 40% or 50%. Clarification needed.       Reviewer Comment (2021-06-30): Cleared


Buyer Comment (2021-06-23): See uploaded explanation on the Divorce Decree. UW used the amount shown on the Tax Returns.
 06/30/2021     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
215555868 XXXX XXXX 100243   22120528     Credit Credit Miscellaneous Guideline Credit Exception:   The appraisals have conflicting information on the most recent sale date, lot size, number of stories, Zoning, and year built. Please have the inaccurate information corrected.       Reviewer Comment (2021-07-28): Lender internal chief appraisal officer addressed the discrepancies.


Buyer Comment (2021-07-28): Please see uploaded appraisal review addressing all issues.


Reviewer Comment (2021-06-30): Appraisal documentation provided does not reflect approved for all conditions relating to difference in appraisals.


Buyer Comment (2021-06-25): See uploaded [redacted] approval & acceptance.
 07/28/2021     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
215555868 XXXX XXXX 100243   22120529     Credit Credit Miscellaneous Guideline Credit Exception:   Loan file evidence of [redacted]'s acceptance of the [redacted] appraisal and the invoice.       Reviewer Comment (2021-07-28): See lender correspondence, SVP-Chief Appraisal Officer from lender addressed and approved.


Buyer Comment (2021-07-28): Please see appraisal review addressing all issues.


Reviewer Comment (2021-06-30): Appraisal document provided does not reflect that the appraisal transfer letter was approved.


Buyer Comment (2021-06-25): See uploaded [redacted] approval & acceptance.
 07/28/2021     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
215555868 XXXX XXXX 100243   22120530     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   [redacted] Loan Approval missing from the file.       Reviewer Comment (2021-06-22): Cleared


Buyer Comment (2021-06-17): Uploaded approval.
 06/22/2021     1 A   CA Primary Purchase   C B C B C B C A Non QM Non QM No
215555869 XXXX XXXX 100236   22120553     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-06-18): Cleared


Buyer Comment (2021-06-16): Please find uploaded Mavent Report. Thank you.
 06/18/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215555869 XXXX XXXX 100236   22120556     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Final Closing Disclosure[redacted] , not provided to borrower at least 3 business days prior to Closing  date[redacted] .       Reviewer Comment (2021-07-20): Initial CD missing from file was provided.


Buyer Comment (2021-07-13): Uploaded, please find a CD, dated [redacted] , exceeding 3 days prior to closing.  In addition, please see the uploaded Disclosure Tracking for proof of delivery. Thank you.


Reviewer Comment (2021-07-02): Final CD was issued at closing date of [redacted] , and signed on [redacted]   The consumer did not have three days to shop.  Earlier CD with proof of delivery is required to complete testing.


Buyer Comment (2021-06-16): Uploaded, please find the Final CD, dated [redacted] , reflecting a consummation date of [redacted] .  Please note CA. is a dry state and the Final CD is issued prior to loan consummation. Thank you.
 07/20/2021     1 A   CA Primary Refinance - Rate/Term No Defined Cure C A C A C A A A Non QM Non QM No
215555869 XXXX XXXX 100236   22120557     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Ten Percent Fee Tolerance exceeded. Total amount of $[redacted], exceeds tolerance of $[redacted]. No cure located in file.       Reviewer Comment (2021-06-23): Received PCCD.


Buyer Comment (2021-06-16): Please provide specific fees that comprise the total amount of $[redacted]  so we may reconcile our fee schedule. Thank you for clarifying.
 06/23/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555869 XXXX XXXX 100236   22120558     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded. Second Appraisal Fee $[redacted] exceeds tolerance of $[redacted]o cure located in file.       Reviewer Comment (2021-06-23): Received PCCD


Buyer Comment (2021-06-16): In addition, please find a copy of the Escrow check to the borrower for the cash-back amount, including the Lender Credit. Thank you.


Buyer Comment (2021-06-16): Uploaded, please find the PCCD and LOX, dated [redacted] ,  reflecting a Lender's Credit for $[redacted] ($[redacted] for the 2nd Appraisal Fee and $[redacted] for the Reinspection Fee).  In addition, please find the Final HUD-1 Settlement Statement issued by Escrow reflecting a disbursement date of [redacted]  and issuing cash back to the borrower on the date of settlement.  Thank you.
 06/23/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555869 XXXX XXXX 100236   22120559     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded. Reinspection Fee $[redacted] exceeds tolerance of $[redacted]o cure located in file.       Reviewer Comment (2021-06-23): Received PCCD


Buyer Comment (2021-06-16): In addition, please find a copy of the Escrow check to the borrower for the cash-back amount, including the Lender Credit. Thank you.


Buyer Comment (2021-06-16): Uploaded, please find the PCCD and LOX, dated [redacted] ,  reflecting a Lender's Credit for $[redacted] ($[redacted] for the 2nd Appraisal Fee and $[redacted] for the Reinspection Fee).  In addition, please find the Final HUD-1 Settlement Statement issued by Escrow reflecting a disbursement date of [redacted]  and issuing cash back to the borrower on the date of settlement.  Thank you.
 06/23/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555869 XXXX XXXX 100236   22120560     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on [redacted], prior to three (3) business days from transaction date of [redacted]. Loan disbursement date of [redacted], prior to 3 business days from transaction date of[redacted]       Reviewer Comment (2021-06-23): Received PCCD


Buyer Comment (2021-06-18): Uploaded, please see the Disclosure Summary for proof of  the [redacted]  delivery of PCCD and LOX. Also, please see the uploaded screen print of the Funding page reflecting the disbursement date of [redacted] .  The PCCD, LOX, dated [redacted] , and, HUD-1 reflecting the [redacted]  Disbursement Date have previously been provided.  The [redacted]  disbursement date is after 3 business days of the transaction date. No further cure required. Thank you for reviewing this.


Reviewer Comment (2021-06-18): Please provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form


Buyer Comment (2021-06-16): Please see uploaded PCCD, LOX and Final HUD-1 Settlement Statement reflecting the Disbursement Date of [redacted] . Thank you.
 06/23/2021     1 A   CA Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C A C A C A A A Non QM Non QM Yes
215555869 XXXX XXXX 100236   22120561     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-06-18): Cleared


Buyer Comment (2021-06-16): Please find uploaded Approval. Thank you.
 06/18/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215555869 XXXX XXXX 100236   22120562     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.         Reviewer Comment (2021-06-23): Sufficient Cure Provided within 60 Days of Closing
   06/23/2021   1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM Yes
215555869 XXXX XXXX 100236   22120563     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure - 1026.19(f)(2) Cure TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower.         Reviewer Comment (2021-06-23): Sufficient Cure Provided within 60 Days of Closing
   06/23/2021   1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM Yes
215555870 XXXX XXXX 100212   22120549     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Borrower has no mortgage history. Need evidence the hazard was paid on both properties owned as there is no lien on either property. If there is a lien on the properties, provide 12 month payment history for each.       Reviewer Comment (2021-06-23): Cleared


Buyer Comment (2021-06-22): Please note that Borrower's attestation of no mortgages or hazard insurance is indicated on their signed Initial 1003 and Final 1003. In addition, to support, a review of the credit report reflects that the Borrower does not have any mortgage liens obliged too. A review of the Drive Report (Fraud/Audit Service) which is required to obtain a score of 700 of any alerts, the UW is required to review the Real estate Owned Report and MERS Report to identity any possible mortgages the Borrower may be obligated by (Pg. 7 & 8 of attachment). These documents support the Initial 1003 & Final 1003 that states there are no mortgages and property is free and clear, thus not requiring hazard insurance as a housing expense. It is the UW's discretion and review of the loan file to request additional documentation to support what  is disclosed per Initial 1003 and it not a requirement per FNMA or Appendix Q for additional documentation.


Reviewer Comment (2021-06-21): Missing evidence free and clear. Missing verification or Borrower attestation that there is no insurance carried on properties.


Buyer Comment (2021-06-16): Please note that the REO properties: XXXX , Miami FL (Primary turned Investment) and XXXX., Miami, FL (Investment) are owned Free & Clear. There is no hazard insurance expenses for these properties as they do not carry a mortgage lien and thus is not required to have hazard insurance coverage.
 06/23/2021     1 A   FL Primary Purchase   C B C A A B A A Non QM Non QM No
215555870 XXXX XXXX 100212   22120550     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ Provide third party evidence of how long the borrower has been owner of Aiyara, LLC.       Reviewer Comment (2021-07-01): Cleared


Buyer Comment (2021-07-01): Previously provided Department of Secretary of State results for [redacted] which was incorporated[redacted] and reflects [redacted] as a Managing Member of the company. In support, the CPA Letter verifies the percentage of ownership of [redacted]  of which [redacted] owns 1[redacted]%,in addition to specifying that [redacted] is a subsidiary of that entity, in which [redacted] owns [redacted]%. We have provided a written statement from a certified public accountant and incorporation records which are acceptable documentation verifying the Bwr's length of employment and percentage owned of the businesses.


Reviewer Comment (2021-06-30): The CPA letter indicates the borrower is 87.5% of [redacted]is the current state of ownership. It does not reflect when the ownership started. The letter also states that the borrower has been a client for over 4 years, however it does not state it was for personal tax returns or business tax returns. It states the information is based on the clients representations, not his actual physical knowledge of the LLC and its workings. Please provide evidence to support the borrower is and has been the 87.5% owner of [redacted]for no less than 2 years. Articles of Organization and electronic filing do not reflect the borrower's name.


Reviewer Comment (2021-06-30): please provide the requested documentation.


Buyer Comment (2021-06-24): Please refer to [redacted] Sales Guidelines [redacted]), Per Section 6.3 SPA10- Select Bank Statement or 1099, Required Tenure of Self-Employment - Lenders submitting a Loan to [redacted] for purchaseunder the A10 - Select Bank Statement or 1099 must document that (i) at least one Borrower has been continuously self-employed for two years, and (ii) each Borrower whose self-employment income is used to qualify for the Loan has been continuously self-employed for two years.
In addition, Acceptable documentation to verify Borrowers' length of self-employment and the percentage Borrowers own in their businesses includes business licenses, a written statement from a certified public accountant or professional tax preparer, LLC or partnership agreements, incorporation records, assignment of tax ID notices, business certificates (aka fictitious name certificates) filed with a governmental jurisdiction, bank account agreements or other bank records and other similar records, provided that bank statements alone are not acceptable documentation for verifying the percentage a Borrower owns of their business.
We provided a CPA Letter indicating the percentage of ownership of the businesses the Borrower owns in addition to the Incorporation Records of the FL LLC which was filed[redacted]. These documents should suffice verifying the Borrower's tenure of Self-Employment, as guidelines indicate at least 2 years of continuous employment.


Reviewer Comment (2021-06-23): Stating that she has been a client for four years in the CPA letter does not confirm ownership. Additionally the 1003 shows the borrower has owned the business for 8 years, and we are looking for confirmation of that.


Buyer Comment (2021-06-21): Per CPA Letter dated [redacted] , it states that they have had [redacted]  has a client to their firm for over four years. In addition, it also states that the Borrower owns 100% of [redacted] which  owns 100% of N[redacted] which in turns owns [redacted] % of [redacted]  which is a subsidiary. Please find attached the Registration of the FL Limited Liability Company.


Reviewer Comment (2021-06-21): CPA Letter does not provide an actual start date for businesses.


Buyer Comment (2021-06-16): Please review signed and dated CPA Letter.
 07/01/2021     1 A   FL Primary Purchase   C B C A A B A A Non QM Non QM No
215555870 XXXX XXXX 100212   22120552     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Only March statement was provided.       Reviewer Comment (2021-06-21): Cleared


Buyer Comment (2021-06-16): Please review the bank statement again as the February statement dated[redacted] is included in Loan Doc File.(D0063)
 06/21/2021     1 A   FL Primary Purchase   C B C A A B A A Non QM Non QM No
215555870 XXXX XXXX 100212   22120554     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Agreeable to set $[redacted] Title-Settlement Fee as a 10% fee given the borrower was permitted to shop for the service and chose a provider from the SSPL.  Under such treatment, 10% tolerance is exceeded by $[redacted].  Cure may be may with LOE, proof of refund, corrected CD and proof of delivery.  If fee was optional for borrower and not required of lender, fee should be placed in Section H for optional fees which would be exempt from tolerance testing.  In such cases, a LOE and corrected CD would be required.       Reviewer Comment (2021-07-27): All required documents provided to borrower for cure.


Buyer Comment (2021-07-26): Please review documents to cure under disclosure uploaded[redacted].


Buyer Comment (2021-07-15): Please review attached Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD


Reviewer Comment (2021-07-13): As fee was paid to the SSPL listed vendor and placed in Section C, fee is held to 10% tolerance and cure would be required.  Moving fee to Section H if was borrower chosen fee will remove from 10% tolerance.  As disclosed, fee remains in 10% tolerance testing.  Corrected CD and LOE to borrower moving fee to section H will remove from 10% testing if was borrower optional chosen fee.


Buyer Comment (2021-07-02): Received confirmation from title -T[redacted]., that the Settlement Fee of $[redacted] was a separate charge to the Borrower for requiring the property to be vested from their personal name to a trust which had to be prepared. Fee should have been disclosed under Section H as it was not required by Lender but needed to be prepared by title.
   07/27/2021   2 B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A A B A A Non QM Non QM Yes
215555871 XXXX XXXX 100177   22120564     Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided           Reviewer Comment (2021-07-22): Status is updated with passport document


Buyer Comment (2021-07-20): The letter from the attorney states that he has applied for asylum and is allowed to live and work in in the United states based on his wife's asylee status.


Reviewer Comment (2021-07-19): Please provide a copy of the borrower's work permit.


Buyer Comment (2021-07-12): Borrower's immigration documents uploaded for your review.


Reviewer Comment (2021-06-22): Visa not provided, could not determine what type of visa borrower holds.


Buyer Comment (2021-06-18): Social Security card uploaded.


Reviewer Comment (2021-06-16): only drivers license provided


Buyer Comment (2021-06-15): Social security card with DHS Authorization uploaded for your review.
 07/22/2021     1 A   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215555871 XXXX XXXX 100177   22120565     Credit 1003 Document Error 1003 Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. -         Reviewer Comment (2021-07-22): Document was associated


Buyer Comment (2021-07-20): The letter from the attorney states that he has applied for asylum and is allowed to live and work in in the United states based on his wife's asylee status.


Reviewer Comment (2021-07-19): Please provide a copy of the borrower's work permit.


Buyer Comment (2021-07-12): Borrower's immigration documents uploaded for your review.


Reviewer Comment (2021-06-22): Visa not provided, could not determine what type of visa borrower holds.


Buyer Comment (2021-06-18): Social Security card uploaded.


Reviewer Comment (2021-06-16): only drivers license provided


Buyer Comment (2021-06-15): Social security card with DHS Authorization uploaded for your review.
 07/22/2021     1 A   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215555871 XXXX XXXX 100177   22120566     Credit Loan Package Documentation Application / Processing Loan Package Documentation 1003 Error: Citizenship Source Documentation  was not provided -         Reviewer Comment (2021-06-22): Borrower not a US Citizen.


Reviewer Comment (2021-06-22): Visa not provided, could not determine what type of visa borrower holds.


Reviewer Comment (2021-06-16): only drivers license provided


Buyer Comment (2021-06-15): Social security card with DHS Authorization uploaded for your review.
 06/22/2021     1 A   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215555871 XXXX XXXX 100177   22120568     Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Test TILA-RESPA Integrated Disclosure - Corrected Closing Disclosure provided on or after [redacted] contains a change in APR and was not received by borrower at least three (3) business days prior to consummation         Reviewer Comment (2021-07-27): [redacted] received lender attestation that 5-28 CD never disclosed to borrower and no proof of being sent to borrower.


Buyer Comment (2021-07-19): Letter of Attestation that this CD was placed in the file in error and was never disclosed to the borrower uploaded for your review.


Reviewer Comment (2021-07-09): [redacted] reflects a Revised CD issued[redacted] (Doc ID 0107) which reflects blank APR on page 5.  The next disclosed Revised CD issued on [redacted] disclosed APR of 5.163% which increased the APR over .125% and would require a 3 days business waiting period prior to closing which was  [redacted].  This timing was not met as issued 6-1 with no proof of delivery and closed the next day on [redacted].  Provide proof of an earlier revised CD issued and received 3 business days prior to closing and after the [redacted] CD.  The[redacted] CD does not show executed by borrower, if this CD was place in package in error and never disclosed to borrower, in order to remove, must have an Attestation letter from the Lender or Settlement Agent who issues the CD's that they never issued or disclosed the[redacted] CD to borrower and was an error to place in file, in order to remove from testing.


Buyer Comment (2021-06-22): This was at consummation.
 07/27/2021     1 A   OH Primary Purchase TRID timing exception, no remediation available. C B C B C B A A Non QM Non QM No
215555871 XXXX XXXX 100177   22120569     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. File did not contain a valid COC for the addition of Discount Points and although there was a tolerance cure reflected on the final CD, it was not sufficient to cure all of the tolerance issues.       Reviewer Comment (2021-06-25): [redacted] received a valid COC for the increased fee in the file.


Buyer Comment (2021-06-18): [redacted] COC uploaded for your review.
[redacted] - Initial LE - not locked.
[redacted] - Locked LE - has .125% in Points or $[redacted] and points did not change from that point.
 06/25/2021     1 A   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215555871 XXXX XXXX 100177   22120570     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. File did not contain a valid COC for the increased fee and although there was a tolerance cure reflected on the final CD, it was not sufficient to cure all of the tolerance issues.       Reviewer Comment (2021-06-16): A cure was provided at close.


Buyer Comment (2021-06-15): Executed CD has lender credit of $[redacted] for cure of $[redacted]  for the appraisal fee and $[redacted] for the credit report fee.
   06/16/2021   2 B   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215555871 XXXX XXXX 100177   22120571     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. File did not contain a valid COC for the increased fee and although there was a tolerance cure reflected on the final CD, it was not sufficient to cure all of the tolerance issues.       Reviewer Comment (2021-06-16): A cure was provided at close.


Buyer Comment (2021-06-15): Executed CD has lender credit of $[redacted] for cure of $[redacted] for the appraisal fee and $[redacted] for the credit report fee.
   06/16/2021   2 B   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215555871 XXXX XXXX 100177   22120572     Credit Credit Miscellaneous Guideline Credit Exception:   Guidelines require documentation that the borrower receives regular, ongoing compensation on a weekly, bi-weekly, etc. basis and the compensation is reported on a statement, check stub or similar documentation that also shows the year-to-date earnings.  The file did not contain any documentation to satisfy this requirement.       Reviewer Comment (2021-06-16): cleared


Buyer Comment (2021-06-15): Income with YTD uploaded for your review.


Buyer Comment (2021-06-15): YTD earnings from Americo uploaded for your review.
 06/16/2021     1 A   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215555871 XXXX XXXX 100177   22120573     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower does not have any housing history as lease is in the name of non-borrowing spouse. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Lender compensating facto Owner

Owner

Owner,Originator		 Reviewer Comment (2021-06-11): Lender granted exception
     06/11/2021 2 B   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215555871 XXXX XXXX 100177   22120574     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower does not have the required combination of tradelines and/or housing for program guidelines. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Lender compensating facto Owner

Owner

Owner,Originator		 Reviewer Comment (2021-06-11): Lender granted exception
     06/11/2021 2 B   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215555871 XXXX XXXX 100177   22120575     Credit Guideline Guideline Issue Guideline Borrower has been on current job less than 2 years, and prior employment history was not documented as required.   Guidelines require lender documents borrower has been continuously self-employed for two years, do not have a 2 year history, business start dates are unknown. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Lender compensating facto Owner

Owner

Owner,Originator		 Reviewer Comment (2021-07-19): Waived and Regraded with Comp Factors from Lender Exception.


Buyer Comment (2021-07-12): Exception to allow borrower to be self employed 1.47 years at current company uploaded for your review.


Reviewer Comment (2021-06-22): Only [redacted] and [redacted] provided, start date to support 2 year history not provided.


Buyer Comment (2021-06-22): They are in your portal D0263, page 758-759,


Reviewer Comment (2021-06-16): nothing uploaded


Buyer Comment (2021-06-15): 1099's uploaded for your review,
     07/19/2021 2 B   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215555871 XXXX XXXX 100177   22120576     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure to borrower at closing.       Reviewer Comment (2021-07-27): Sufficient Cure Provided At Closing
   07/27/2021   1 A   OH Primary Purchase Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
215555871 XXXX XXXX 100177   22120577     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure to borrower at closing.       Reviewer Comment (2021-07-27): Sufficient Cure Provided At Closing
   07/27/2021   1 A   OH Primary Purchase Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
215555872 XXXX XXXX 100248   22120579     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Missing Verification of prior Housing history, only 10 months of history provided.       Reviewer Comment (2021-07-01): Cleared


Buyer Comment (2021-06-25): Please review attachments which is a full 12 months of mortgage payment history.
 07/01/2021     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215555872 XXXX XXXX 100248   22120581     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Loan Discount Points Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-01): [redacted] received a valid COC for the increased fee in the loan file.


Buyer Comment (2021-06-25): Please see attached VCOC's.
 07/01/2021     1 A   FL Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215555872 XXXX XXXX 100248   22120583     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Verification of Tax Return Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-14): [redacted] received changed circumstance


Buyer Comment (2021-07-01): Please review attached VCOC


Buyer Comment (2021-07-01): Please review LE's provided in loan file. There is no variance in fees as the Origination Charge per LE dated [redacted] reflects a total amount of  $[redacted]nce the loan is locked, the fee is itemized. Per LE[redacted], the Origination Charge of $[redacted] is itemized to an Administration Fee of $[redacted] and Tax Transcripts of $25 which equals $[redacted], which has already been disclosed.


Reviewer Comment (2021-07-01): [redacted] received COC dated [redacted].However, the fee got added on LE dated [redacted].Please provide a valid COC for the fee added or provide cure documents in order to clear the exception.


Buyer Comment (2021-06-25): Please see attached VCOC's.
 07/14/2021     1 A   FL Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215555872 XXXX XXXX 100248   22120584     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Administration Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-14): [redacted] received changed circumstance


Buyer Comment (2021-07-01): Please review attached VCOC


Buyer Comment (2021-07-01): Please review LE's provided in loan file. There is no variance in fees as the Origination Charge per LE dated [redacted] reflects a total amount of  $[redacted]nce the loan is locked, the fee is itemized. Per LE[redacted], the Origination Charge of $[redacted] is itemized to an Administration Fee of $[redacted] and Tax Transcripts of $25 which equals $[redacted], which has already been disclosed.


Reviewer Comment (2021-07-01): [redacted] received COC dated [redacted].However, the fee got added on LE dated [redacted].Please provide a valid COC for the fee added or provide cure documents in order to clear the exception.


Buyer Comment (2021-06-25): Please see attached VCOC's.
 07/14/2021     1 A   FL Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215555872 XXXX XXXX 100248   22120585     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Appraisal Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-01): [redacted] received cure of $[redacted] closing for the increased fee in the loan file.


Buyer Comment (2021-06-25): Please see attached executed Final CD which reflects a cure in the amount of $[redacted], which $[redacted] applied to under disclosure of appraisal fee.
 07/01/2021     1 A   FL Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215555872 XXXX XXXX 100248   22120587     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Transfer Tax Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-01): [redacted] received Corrected CD,LOX ,Proof of mailing and LOX.


Buyer Comment (2021-06-29): Please review attached LOX, Proof of Delivery, Copy of Refund Check and PCCD.
   07/01/2021   2 B   FL Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215555872 XXXX XXXX 100248   22120590     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. DTI exceeds guidelines, please provide clarification of the debts being paid off. There is a discrepancy in the amount of debt on the 1008 and the final debt shown on the credit report.       Reviewer Comment (2021-07-01): Cleared


Buyer Comment (2021-06-25): Please review attached payoff/credit card statement for [redacted] reflecting $[redacted] balance. Excluding payment from debt ratio should reflect a DTI of [redacted]%
 07/01/2021     1 A   FL Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C B C A C B A A Non QM Non QM Yes
215555872 XXXX XXXX 100248   22120591     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI exceeds guidelines, please provide clarification of the debts being paid off. There is a discrepancy in the amount of debt on the 1008 and the final debt shown on the credit report.       Reviewer Comment (2021-07-01): Cleared


Buyer Comment (2021-06-25): Per Executed Final CD, debts being paid off are S[redacted] ; [redacted] ; [redacted]  and [redacted]  Liability XXXX < 10 payments for installment account.


Buyer Comment (2021-06-25): Please review attached payoff of the [redacted] account reflecting a $0 balance as of[redacted].
 07/01/2021     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215555872 XXXX XXXX 100248   22120596     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   DTI exceeds guidelines, please provide clarification of the debts being paid off. There is a discrepancy in the amount of debt on the 1008 and the final debt shown on the credit report.       Reviewer Comment (2021-07-01): Cleared


Buyer Comment (2021-06-25): Please review the attached payoff/credit card statement for [redacted] reflecting $[redacted] Balance.
 07/01/2021     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215555872 XXXX XXXX 100248   22120597     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI exceeds guidelines, please provide clarification of the debts being paid off. There is a discrepancy in the amount of debt on the 1008 and the final debt shown on the credit report.       Reviewer Comment (2021-07-01): Cleared


Buyer Comment (2021-06-25): Please review attached payoff/credit card statement for [redacted] reflecting $[redacted] balance. Excluding payment from debt ratio should reflect a DTI of [redacted]%
 07/01/2021     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215555872 XXXX XXXX 100248   22120598     Credit Document Error HOA Document Error HOA Dues amount was not evidenced in the file, and has not been included in the calculated debt ratio.   Provide evidence the subject has no HOAs. Other  in file documentation in the loan file indicates the neighborhood of Aberdeen has HOA fees.       Reviewer Comment (2021-07-01): cleared


Buyer Comment (2021-06-25): Please advise what documentation in loan file indicates Aberdeen has HOA fees. Per Appraisal Report, there is no HOA fee indicated and that document is sufficient to verify the existence of HOA dues.
 07/01/2021     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215555872 XXXX XXXX 100248   22120599     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Provide [redacted] loan approval.       Reviewer Comment (2021-07-07): Provided.


Buyer Comment (2021-07-01): Please review attached Conditional Approval


Reviewer Comment (2021-07-01): we are looking for the Loan approval.


Buyer Comment (2021-06-25): Please review attached ACORN/ [redacted] AUS Findings report
 07/07/2021     1 A   FL Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215555873 XXXX XXXX 100201   22120586     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-06-30): Provided. Clear.
 06/30/2021     1 A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
215555873 XXXX XXXX 100201   22120588     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Forbearance Agreement not provided           Reviewer Comment (2021-07-06): cleared
 07/06/2021     1 A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
215555873 XXXX XXXX 100201   22120589     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. List of Homeownership Counseling Orginization Diclosure, not located in File.       Reviewer Comment (2021-06-17): cleared
 06/17/2021     1 A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
215555873 XXXX XXXX 100201   22120592     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure [redacted], not provided to Borrower at least  bisiness days prior to closing on [redacted].       Reviewer Comment (2021-06-16): [redacted] received 05/11 CD.
 06/16/2021     1 A   TX Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
215555873 XXXX XXXX 100201   22120594     Compliance Compliance Federal Compliance TRID TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. Service Provider list not located in File.       Reviewer Comment (2021-07-12): Cleared
 07/12/2021     1 A   TX Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
215555873 XXXX XXXX 100201   22120595     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Ten Percent Fee Tolerance exceeded. Total Amount of $[redacted], exceeds tolerance of $[redacted]. No valid COC or evidence of a cure located in file.       Reviewer Comment (2021-06-28): [redacted] received SSPL and therefore the fee is under tolerance limit.


Reviewer Comment (2021-06-16): Please provide SSPL for accurate testing.
 06/28/2021     1 A   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555873 XXXX XXXX 100201   22120600     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded. Loan Discount Points Fee $[redacted]acted], exceeds tolerance of $[redacted]o valid COC or evidence of a cure located in file.       Reviewer Comment (2021-06-28): [redacted] received valid COC for the increased fee in the file.


Reviewer Comment (2021-06-16): [redacted] received [redacted] CD and [redacted] COC however the [redacted]CD is 4 business days after COC. Please provide missing disclosure if available or please provide a corrected CD, LOE, refund check, and proof of mailing to cure.
 06/28/2021     1 A   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555873 XXXX XXXX 100201   22120601     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $2.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded. Texas Guaranty Fee $2, exceeds tolerance of $[redacted] valid COC or evidence of a cure located in file.       Reviewer Comment (2021-06-28): [redacted] received SSPl and therefore the fee is not under zero percent tolerance.


Reviewer Comment (2021-06-16): Please provide SSPL for accurate testing.
 06/28/2021     1 A   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555873 XXXX XXXX 100201   22120602     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Survey Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded. Survey Fee $[redacted], exceeds tolerance of $0. No valid COC or evidence of a cure located in file.       Reviewer Comment (2021-07-12): [redacted] received confirmation of survey fee requirement.  Exception cleared.


Reviewer Comment (2021-06-28): [redacted] is unable to determine from the file whether the lender or title company required the survey.  If the lender required the survey fee then a cure is due to the borrower.  If the borrower-chosen service provider further outsourced the Survey Fee, an attestation comment on exception from the seller is needed.  The attestation/letter should confirm that the service was outsourced by the borrower-chosen provider. This attestation would allow us to test the fee under the no tolerance category with the understanding that the new fee added on the CD was imposed by a provider through which the borrower indirectly selected.


Reviewer Comment (2021-06-16): As the fee in question was not disclosed on the LE, the service is not considered shoppable and therefore subject to 0% tolerance. If the borrower-chosen service provider further outsourced the Survey Fee to East to Precisions Surveyors  we would accept an attestation confirming this. Ideally, the attestation would come from the service provider, but if that cannot be obtained, we would accept one from the lender. The attestation should confirm that the service was outsourced by the borrower-chosen provider and should be on either the provider's or the lender's letterhead. This attestation would allow us to test the fee under the no tolerance category with the understanding that the new fee added on the CD was imposed by a provider through which the borrower indirectly selected.
 07/12/2021     1 A   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215555873 XXXX XXXX 100201   22120603     Credit Credit Miscellaneous Guideline Credit Exception:   VOR is in file; however cancelled checks/bank statements to support the VOR are not in the loan file.       Reviewer Comment (2021-06-23): Payment history provided.
 06/23/2021     1 A   TX Primary Purchase   C A C A C A A A Non QM Non QM No
215555874 XXXX XXXX 100188   22120631     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   Preliminary title policy amount is less than final loan amount       Reviewer Comment (2021-07-20): Cleared
 07/20/2021     1 A   TX Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215555874 XXXX XXXX 100188   22120635     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-26): Approval received.


Buyer Comment (2021-07-23): This is the Conditional Approval attached for your review.


Reviewer Comment (2021-07-22): Mortgage finding already uploaded. Please provide [redacted] Loan Approval.


Buyer Comment (2021-07-20): The [redacted] Mortgage Findings have been uploaded for your review.


Reviewer Comment (2021-07-20): Mortgage finding uploaded. Please provide [redacted] Loan Approval.


Buyer Comment (2021-07-12): The [redacted] Mortgage Findings, can be used for approval, are attached for your review.
 07/26/2021     1 A   TX Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215555875 XXXX XXXX 100333   22120632     Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender - Missing Appraisal Transfer letter and evidence Sprout has approved the transfer.       Reviewer Comment (2021-07-26): Cleared


Buyer Comment (2021-07-19): see Transfer Letter approval


Reviewer Comment (2021-07-16): transfer letter received please provide approval by [redacted]'s appraisal review department


Buyer Comment (2021-07-14): See Appraisal Transfer Letter


Buyer Comment (2021-07-13): disregard - incorrect file
 07/26/2021     1 A   CA Primary Purchase   C B C B B A B A Non QM Non QM No
215555875 XXXX XXXX 100333   22120636     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied.         Reviewer Comment (2021-07-26): Cleared


Buyer Comment (2021-07-19): see Transfer Letter approval


Reviewer Comment (2021-07-16): Loan is non-compliant due to appraisal condition


Buyer Comment (2021-07-14): [redacted] purchases higher priced loans which is not compliant
 07/26/2021     1 A   CA Primary Purchase   C B C B B A B A Non QM Non QM No
215555875 XXXX XXXX 100333   22120638     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-16): Cleared


Buyer Comment (2021-07-09): see approval
 07/16/2021     1 A   CA Primary Purchase   C B C B B A B A Non QM Non QM No
215555875 XXXX XXXX 100333   22120639     Credit Credit Miscellaneous Guideline Credit Exception:   Allow subject property that is a detached PUD located in a resort style property and operates as a condotel. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower has been employed in the same industry for more than 5 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Comp factors used to waive exception Owner

Owner

Owner,Originator		 Reviewer Comment (2021-07-28): Comp factors used to waive exception
     07/28/2021 2 B   CA Primary Purchase   C B C B B A B A Non QM Non QM No
215555876 XXXX XXXX 100274   22120604     Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Not provided       Reviewer Comment (2021-07-18): Final CD provided.
 07/18/2021     1 A   NJ Investment Purchase   D A D A     A A     No
215555876 XXXX XXXX 100274   22120606     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Final 1003 reflects Borrower owns current residence however no history is provided.       Reviewer Comment (2021-07-18): Housing history verified on credit report.
 07/18/2021     1 A   NJ Investment Purchase   D A D A     A A     No
215555876 XXXX XXXX 100274   22120607     Credit Credit Miscellaneous Guideline Credit Exception:   Appraiser Certification of Non Influence not provided.       Reviewer Comment (2021-07-18): Provided.
 07/18/2021     1 A   NJ Investment Purchase   D A D A     A A     No
215555877 XXXX XXXX 100331   22120620     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-08): Sufficient Cure Provided At Closing
   07/08/2021   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
215555877 XXXX XXXX 100331   22120621     Credit Credit Miscellaneous Guideline Credit Exception:   Asset documentation for the gifts is not complete.  File contains 3 gift letters - the one for $[redacted] there is no documentation of receipt/deposit by the borrowers.  The $[redacted] gift appears to have been wired to the title company for earnest money; however, the $[redacted] gift letter indicates it will be wired to the title company for closing and there is an escrow receipt in file for it, but there was no credit shown for it on the CD.  The $[redacted] gift needs to be paper-trailed, and an accounting of the $[redacted] wired to the title company needs to be provided/explained.       Reviewer Comment (2021-07-26): Received the document on [redacted] and Exception Cleared


Buyer Comment (2021-07-21): see $[redacted] gift wire / title co receipt


Reviewer Comment (2021-07-20): CD does not reflect gift funds


Buyer Comment (2021-07-13): see deposits[redacted] through [redacted] from [redacted] totalling $[redacted]
 07/26/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215555877 XXXX XXXX 100331   22120624     Credit Missing Document General Missing Document Missing Document: Cancelled Check(s) not provided   There is no evidence of receipt and deposit of the $[redacted] gift.       Reviewer Comment (2021-07-26): Received the document on [redacted] and Exception Cleared


Buyer Comment (2021-07-21): see donor account reflecting gifts withdrawn


Reviewer Comment (2021-07-20): Name on Borrower bank statement is not he same as name on Donor Gift Letter.


Buyer Comment (2021-07-13): see deposits[redacted] through [redacted] from [redacted] totalling $[redacted]
 07/26/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215555878 XXXX XXXX 100298   22120654     Compliance Compliance Federal Compliance Missing Application Date Missing Initial Loan Application Test No evidence of application date located in file.  Compliance tests were run using an application date of [redacted] which is 1 months prior to consummation. A lookback was performed to determine this application date. Missing Initial Application for Originator and Lender.       Buyer Comment (2021-07-13): [redacted] has elected to waive this finding.
     07/13/2021 2 B   FL Primary Purchase   C B A A C B A A Non QM Non QM No
215555878 XXXX XXXX 100298   22120655     Compliance Compliance Federal Compliance TILA NMLS - Missing Evidence of Initial Loan Application Date Truth in Lending Act (NMLSR Dodd- Frank 2014): Unable to determine compliance with NMLSR timing requirements due to missing evidence of initial loan application date. Missing Initial Application for Originator and Lender.       Reviewer Comment (2021-07-28): Lender Initial 1003 received , exception cleared


Buyer Comment (2021-07-28): Please see submitted Lender's Initial 1003. The folder containing this 1003 has the following note in the comment box: "This is for Lender's 1003/1008.
Do NOT put the Broker's 1003 in this container". You now have both the Broker's & Lender's Initial 1003. Please clear this finding.


Buyer Comment (2021-07-26): this loan is a TPO loan originated by the broker, the application date is[redacted], as shown on the application which is signed and dated by the broker and the borrower, see disclosure tracking, I've validated that you have the signed and dated application which is dated[redacted] and this aligns with the disclosure tracking. Can you provide more specific information on why there should be a lender application? this is a wholesale loan, not a retail loan


Reviewer Comment (2021-07-26): Received Broker's Initial 1003, however, lenders initial 1003 is still missing. Final Closing disclosure reflects (5th page Lenders and Broker information both therefore exception remains.


Buyer Comment (2021-07-21): See uploaded Initial 1003 and the Disclosure Tracking Tool documenting date of 1003 and the date the Initial LE was sent.  Please clear this finding.


Reviewer Comment (2021-07-20): This is from the original broker, we also need the lenders original 1003.


Buyer Comment (2021-07-13): Please see uploaded signed & dated initial 1003.
 07/28/2021     1 A   FL Primary Purchase   C B A A C B A A Non QM Non QM No
215555878 XXXX XXXX 100298   22120656     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application Unable to determine compliance with timing requirements due to missing Initial Loan Application Date. Missing Initial Application for Originator and Lender.       Buyer Comment (2021-07-13): [redacted] has elected to waive this finding.
     07/13/2021 2 B   FL Primary Purchase   C B A A C B A A Non QM Non QM No
215555878 XXXX XXXX 100298   22120657     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted]  is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted]. 0% Tolerance exceeded by -$[redacted] for Lender Credits. Final Lender Credit of $[redacted] is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted].  The file did not contain a valid COC for the reduction in the credit and there was no evidence of a tolerance cure.       Reviewer Comment (2021-07-15): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-07-14): Please see uploaded refund documentation.
   07/15/2021   2 B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
215555878 XXXX XXXX 100298   22120658     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Administration Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-15): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-07-14): Please see uploaded refund documentation.
   07/15/2021   2 B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
215555878 XXXX XXXX 100298   22120659     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Appraisal Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-14): [redacted]: Sufficient cure was provided at closing


Buyer Comment (2021-07-13): Please see uploaded Executed CD with [redacted] Lender Credit for the appraisal.
 07/14/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
215555879 XXXX XXXX 100175   22120622     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Background Check not provided   Not provided       Reviewer Comment (2021-07-21): Cleared


Buyer Comment (2021-07-14): Fraud report uploaded for your review.
 07/21/2021     1 A   MD Investment Refinance - Cash-out - Other   C B C B     A A     No
215555879 XXXX XXXX 100175   22120623     Credit Missing Document General Missing Document Missing Document: Cash-Out Utilization not provided   Not provided       Reviewer Comment (2021-07-26): Cash out letter received on [redacted]. Condition Cleared.


Buyer Comment (2021-07-23): Cash out letter uploaded for your review.
 07/26/2021     1 A   MD Investment Refinance - Cash-out - Other   C B C B     A A     No
215555879 XXXX XXXX 100175   22120625     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Fraud Report not provided   Not provided       Reviewer Comment (2021-07-21): Cleared


Buyer Comment (2021-07-14): Fraud report uploaded for your review.
 07/21/2021     1 A   MD Investment Refinance - Cash-out - Other   C B C B     A A     No
215555879 XXXX XXXX 100175   22120626     Credit Credit Credit Documentation Credit Missing Document: OFAC not provided   Not provided       Reviewer Comment (2021-07-21): Cleared


Buyer Comment (2021-07-14): Fraud report uploaded for your review.
 07/21/2021     1 A   MD Investment Refinance - Cash-out - Other   C B C B     A A     No
215555879 XXXX XXXX 100175   22120628     Credit Credit Credit Documentation Credit OFAC was not checked and required per guidelines. - OFAC not provided       Reviewer Comment (2021-07-21): cleared


Buyer Comment (2021-07-14): Fraud report uploaded for your review.
 07/21/2021     1 A   MD Investment Refinance - Cash-out - Other   C B C B     A A     No
215555879 XXXX XXXX 100175   22120629     Credit Credit Credit Eligibility Credit Active Tradeline requirement not met. - Borrower has ___ Active Tradelines which is less than the minimum required by guidelines.   The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 Reserves are [redacted] months over program minimum. Owner

Owner,Originator		 Reviewer Comment (2021-07-09): Lender approved exception in file
     07/09/2021 2 B   MD Investment Refinance - Cash-out - Other   C B C B     A A     No
215555880 XXXX XXXX 100335   22120661     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - ___ Missing Hazard Insurance Verification, Property Tax Verification and proof XXXX has been owned free and clear 12 months proceeding Note date.       Reviewer Comment (2021-07-14): Cleared
 07/14/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215555881 XXXX XXXX 100275   22120647     Credit Credit Credit Eligibility Guideline Public Record Issue: - Missing verification $8,388 XXX opened 10/2020 is paid in full.   Per Borrower's explanation, amount is for a guarantee for son's apartment.  Borrower states amount is in dispute.  Item is not reported in dispute.  Collections exceeding $1,000.00 must be paid in full       Buyer Comment (2021-07-16): [redacted] has elected to waive this exception
     07/16/2021 2 B   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215555881 XXXX XXXX 100275   22120648     Credit Missing Document General Missing Document Missing Document: Source of Funds/Deposit not provided   Missing source verification for $[redacted] additional Earnest Money Deposit       Reviewer Comment (2021-07-23): Provided.


Reviewer Comment (2021-07-22): Source of fund for Earnest Money Deposit is not received and exception Remains


Buyer Comment (2021-07-15): wire verification for source of funds
 07/23/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215555881 XXXX XXXX 100275   22120650     Compliance Compliance Federal Compliance TRID TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. TRID non-compliant. Seller paid fees on Seller's Closing Disclosure are not consistent with those reflected on the Borrower's Final Closing Disclosure. Seller CD fees total $[redacted] while Consumer CD Seller's fees total $[redacted].       Reviewer Comment (2021-07-23): Corrected CD, LOX and evidence of receipt by borrower in file.
   07/23/2021   1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
215555881 XXXX XXXX 100275   22120651     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Final Closing Disclosure discloses a $[redacted] Lender cure credit for Appraisal fee tolerance.       Reviewer Comment (2021-07-16): [redacted] Sufficient Cure provided at Closing.


Buyer Comment (2021-07-15): The final executed Closing disclosure indicates the borrower was given a lender credit in the amount of [redacted] see uploaded CD
 07/16/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215555881 XXXX XXXX 100275   22120652     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance for $[redacted] Admin Fee type disclosed in Initial Closing Disclosure.   Final Closing Disclosure does not disclose a Lender cure credit for tolerance       Reviewer Comment (2021-07-21): [redacted] received Corrected PCCD, Letter of Explanation, Proof of Delivery and Copy of Refund Check.


Buyer Comment (2021-07-16): PCCD LOX Copy of ck
   07/21/2021   2 B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215555882 XXXX XXXX 100216   22120641     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Employer Identification Number (EIN) not provided   Not provided       Reviewer Comment (2021-07-26): Received Lender Exception Document.


Buyer Comment (2021-07-21): borrower social security numbers are sufficient, please provide additional information on why the EIN would be needed in lieu of the ssn.


Reviewer Comment (2021-07-20): Documentation provided reflects file number.


Buyer Comment (2021-07-13): EIN DOCS ADDED FRO YOUR REVIEW
 07/26/2021     1 A   CA Investment Refinance - Rate/Term   C B C B     A A     No
215555882 XXXX XXXX 100216   22120642     Credit Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Final 1003   Not provided       Reviewer Comment (2021-07-20): Cleared


Buyer Comment (2021-07-16): FINAL APPLICATION ADDED FOR YOUR REVIEW


Buyer Comment (2021-07-16): see final 1003
 07/20/2021     1 A   CA Investment Refinance - Rate/Term   C B C B     A A     No
215555882 XXXX XXXX 100216   22120644     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Not provided       Reviewer Comment (2021-07-26): Received Lender Exception Document.


Buyer Comment (2021-07-21): sorry - I'm confusing myself. Please review the items added.


Buyer Comment (2021-07-21): disregard


Buyer Comment (2021-07-21): please review credit report for loan with XXXX loan closed in [redacted]


Buyer Comment (2021-07-21): see approved exception added for your review, relates to rental/mortgage


Reviewer Comment (2021-07-20): Supplement only reflects a 3 month history.


Buyer Comment (2021-07-13): due for 6[redacted]  per supplement


Buyer Comment (2021-07-13): see supplement showing loan status for borrowers current residence
 07/26/2021     1 A   CA Investment Refinance - Rate/Term   C B C B     A A     No
215555882 XXXX XXXX 100216   22120645     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-20): Cleared
 07/20/2021     1 A   CA Investment Refinance - Rate/Term   C B C B     A A     No
215555882 XXXX XXXX 100216   22120646     Credit Credit Miscellaneous Guideline Credit Exception:   There are unsourced cash rental payments for subject property units A and C were not deposited vs program requirements for verifying rental income. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 FICO score is 85 points over program maximum. Owner

Owner

Owner,Originator		 Reviewer Comment (2021-07-09): Approved Lender Exception with comp factors.
     07/09/2021 2 B   CA Investment Refinance - Rate/Term   C B C B     A A     No
215555883 XXXX XXXX 100266   22120667     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Missing second Appraisal as required for Loan Amounts > $1,500,000 - 2 Full Appraisals are required by guidelines.       Reviewer Comment (2021-07-23): Received second appraisal and updated with clarity. Hence, exception cleared.


Buyer Comment (2021-07-21): The second appraisal report has been uploaded for your review.
 07/23/2021     1 A   HI Second Home Purchase   D B D B C B A A Non QM Non QM No
215555883 XXXX XXXX 100266   22120668     Credit Insurance Insurance Analysis Insurance The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ The Hazard Policy effective date of [redacted] is after the transaction date of [redacted], Please provide an updated Hazard Policy.       Reviewer Comment (2021-07-26): Post close Cd verified disbursement not until[redacted], same day as effective date.


Buyer Comment (2021-07-21): I have uploaded the final CD which verifies the disbursement date of the loan as [redacted] .  The effective date of the HOI should be okay.
 07/26/2021     1 A   HI Second Home Purchase   D B D B C B A A Non QM Non QM No
215555883 XXXX XXXX 100266   22120670     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-07-24): Level 2, please waive.
     07/24/2021 2 B   HI Second Home Purchase   D B D B C B A A Non QM Non QM No
215555883 XXXX XXXX 100266   22120671     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - Missing HOA month payment documentation for the property located at 1350 Plaza Pacifica, Montecito, CA, to verify monthly payment amount.       Reviewer Comment (2021-07-23): HOA associated in REO section.


Buyer Comment (2021-07-21): The HOA monthly payment coupon for [redacted] is attached for your review.
 07/23/2021     1 A   HI Second Home Purchase   D B D B C B A A Non QM Non QM No
215555883 XXXX XXXX 100266   22120672     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 1,045.00 on Final Closing Disclosure provided on [redacted] not accurate. The final CD disclosed the Amount of Non-Escrowed Property Costs over Year 1 as $[redacted] on page 4; however the only Non-Escrowed cost was the HOA Fee with a total of $[redacted] . Provide a post-close CD correcting on page 4 Non-Escrowed property costs; and a copy of the letter of explanation letter sent to the borrower disclosing the changes made.       Reviewer Comment (2021-07-26): LOX and correct CD sent to borrower.


Buyer Comment (2021-07-24): Please note that I have confirmed the actual HOA fees with the Closing Company.  Also, on page 2 of the final CD the HOA Dues paid by the Seller were for 6 months, HOA Fees are paid semi-annually.  I have corrected the Non-Escrowed cost on page 4 to $[redacted].
   07/26/2021   2 B   HI Second Home Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B A A Non QM Non QM Yes
215555883 XXXX XXXX 100266   22120673     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Verification of Tax Return Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-26): [redacted] received corrected CD,proof of mailing, Copy of refund check and LOX.


Buyer Comment (2021-07-24): I have uploaded the PCCD, LOE to the Borrower and a copy of the refund check for your review.
   07/26/2021   2 B   HI Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D B C B A A Non QM Non QM Yes
215555883 XXXX XXXX 100266   22120674     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Administration Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-26): [redacted] received corrected CD,proof of mailing, Copy of refund check and LOX.


Buyer Comment (2021-07-24): I have uploaded the PCCD, LOE to the Borrower, copy of the refund check for your review.
   07/26/2021   2 B   HI Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D B C B A A Non QM Non QM Yes
215555884 XXXX XXXX 100317   22120665     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.           Reviewer Comment (2021-07-27): Lease and payment ledger received D 200 and 199 (D 199 is 2 sets of ledger)


Buyer Comment (2021-07-23): The complete rent ledger starts in 2016 on page 1 and continues through 2021 on page 4. I uploaded it again for you review,


Reviewer Comment (2021-07-23): Pay history provided is from [redacted].


Buyer Comment (2021-07-15): Rent ledger and VOR uploaded for your review.
 07/27/2021     1 A   NV Investment Purchase   C A C A     A A     No
215555884 XXXX XXXX 100317   22120666     Credit Credit Credit Documentation Credit Borrower does not own current residence and thus casts doubt on business purpose of loan.           Reviewer Comment (2021-07-23): Cleared


Buyer Comment (2021-07-15): Nowhere in our guides for the I10 loan program does it state the borrower must own a primary before they can qualify for a business purpose loan..
 07/23/2021     1 A   NV Investment Purchase   C A C A     A A     No
215555885 XXXX XXXX 100197   22120681     Credit Credit Miscellaneous Guideline Credit Exception:   File only contains cancelled rent checks for 11 months.  The [redacted]payment is missing.       Reviewer Comment (2021-07-20): Cleared


Buyer Comment (2021-07-15): March 2021 cancelled check
 07/20/2021     1 A   NJ Primary Purchase   C A C A A A A A Non QM Non QM No
215555886 XXXX XXXX 100208   22120675     Credit Loan Package Documentation Closing / Title Loan Package Documentation Missing Document: Closing Protection Letter not provided           Reviewer Comment (2021-07-19): Provided.
 07/19/2021     1 A   NY Investment Refinance - Cash-out - Other   C B C B     A A     No
215555886 XXXX XXXX 100208   22120676     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2021-07-19): Provided.
 07/19/2021     1 A   NY Investment Refinance - Cash-out - Other   C B C B     A A     No
215555886 XXXX XXXX 100208   22120677     Credit Loan Package Documentation Closing / Title Loan Package Documentation Mising Document: Closing Protection Letter not provided.           Reviewer Comment (2021-07-19): Provided.
 07/19/2021     1 A   NY Investment Refinance - Cash-out - Other   C B C B     A A     No
215555886 XXXX XXXX 100208   22120678     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.           Reviewer Comment (2021-07-19): Bank statements provided to verify housing payment history.
 07/19/2021     1 A   NY Investment Refinance - Cash-out - Other   C B C B     A A     No
215555886 XXXX XXXX 100208   22120679     Credit Credit Miscellaneous Guideline Credit Exception:   Appraisal was not ordered through an [redacted]. The Debt Service Coverage Ratio (DSCR) is greater than the guideline requirement by .50.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 711 > [redacted] Owner

Owner,Originator		 Reviewer Comment (2021-07-14): Lender approved exception provided.
     07/14/2021 2 B   NY Investment Refinance - Cash-out - Other   C B C B     A A     No
215555887 XXXX XXXX 100295   22120689     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Verification of Tax Return Fee increase. No Valid Changed Circumstance provided, and the cure on the Final CD was not sufficient to cure all tolerance issues.       Reviewer Comment (2021-07-30): Retrieving data. Wait a few seconds and try to cut or copy again.


Buyer Comment (2021-07-29): Uploaded PCCD, LOE and Refund for Tax Return Fee of $[redacted]nd Administrative Fee $[redacted] for a total of $[redacted] Please Clear.


Reviewer Comment (2021-07-27): [redacted] Tax Transcript fee added on LE dated [redacted] without valid COC. Provide Valid COC or provide Cure Docs.


Buyer Comment (2021-07-26): CO(C provided for Tac Certs.  for LE[redacted]


Reviewer Comment (2021-07-22): [redacted] received COC stating " Adding condo questionnaire fee" which is not a valid reason. Please provide a valid reason as to why the fee added or provide cure documents.


Buyer Comment (2021-07-21): Uploaded COC for Tax Transcripts transcripts[redacted]
   07/30/2021   2 B   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
215555887 XXXX XXXX 100295   22120690     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Administration Fee increase. No Valid Changed Circumstance provided, and the cure on the Final CD was not sufficient to cure all tolerance issues.       Reviewer Comment (2021-07-30): [redacted] received corrected CD,proof of mailing, Copy of refund check and LOX.


Buyer Comment (2021-07-29): Uploaded PCCD, LOE and Refund for Tax Return Fee of $[redacted]nd Administrative Fee $[redacted] for a total of $[redacted] Please Clear.


Reviewer Comment (2021-07-22): [redacted] received COC stating " Adding condo questionnaire fee" which is not a valid reason. Please provide a valid reason as to why the fee added or provide cure documents.


Buyer Comment (2021-07-21): Uploaded COC
   07/30/2021   2 B   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
215555887 XXXX XXXX 100295   22120691     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Appraisal Fee increase. No Valid Changed Circumstance provided, and the cure on the Final CD was not sufficient to cure all tolerance issues.       Reviewer Comment (2021-07-22): [redacted] received cure of $[redacted] at closing for the increased fee in the loan file.


Buyer Comment (2021-07-21): Please Ignore upload of COC for this exception. Uploaded Executed CD reflecting a Lender Credit at closing for $[redacted] which included $[redacted] for the appraisal fee over tolerance and $[redacted] for credit Report amount that exceeded Tolerance.


Buyer Comment (2021-07-21): Uploaded COC
 07/22/2021     1 A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
215555887 XXXX XXXX 100295   22120692     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Credit Report Fee increase. No Valid Changed Circumstance provided, and the cure on the Final CD was not sufficient to cure all tolerance issues.       Reviewer Comment (2021-07-22): [redacted] received cure of $[redacted] at closing for the increased fee in the loan file.


Buyer Comment (2021-07-21): Uploaded Executed CD reflecting a Lender Credit at closing for $[redacted] which included $[redacted] for the appraisal fee over tolerance and $[redacted] for credit Report amount that exceeded Tolerance.
 07/22/2021     1 A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
215555888 XXXX XXXX 100276   22120682     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-26): Received Approval on [redacted]. Condition cleared.


Buyer Comment (2021-07-23): Uploaded Approval
 07/26/2021     1 A   FL Investment Purchase   C A C A     A A     No
215555888 XXXX XXXX 100276   22120685     Credit Credit Miscellaneous Guideline Credit Exception:   100% of business assets used even through CPA letter stated 51% ownership.       Reviewer Comment (2021-07-26): The borrower has [redacted]% ownership of L[redacted]  and [redacted]% ownership of [redacted] where both are same, so the borrower has used 100% of business assets, document has been attached for verification. Exception cleared.


Buyer Comment (2021-07-23): Uploaded Exception Approval
 07/26/2021     1 A   FL Investment Purchase   C A C A     A A     No
215555888 XXXX XXXX 100276   22120686     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Lender Exception(s) not provided   1008 noted that there was a lender exception.       Reviewer Comment (2021-07-26): Received Lender Exception on [redacted]. Condition cleared.
 07/26/2021     1 A   FL Investment Purchase   C A C A     A A     No
215555889 XXXX XXXX 100309   22120709     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Approval not provided       Reviewer Comment (2021-07-20): Received Approval document , Exception cleared.


Buyer Comment (2021-07-15): Conditional approval
 07/20/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215555889 XXXX XXXX 100309   22120710     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided   Compliance report not provided       Reviewer Comment (2021-07-20): Received Mavent report , Exception cleared.


Buyer Comment (2021-07-15): Mavent report
 07/20/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215555889 XXXX XXXX 100309   22120712     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Non QM does not match Due Diligence Loan Designation of ATR fail. Third party verification not provided       Reviewer Comment (2021-07-23): CPA letter provided. Clear


Buyer Comment (2021-07-15): This is a waterfall finding related to other findings for which documentation has been provided"
 07/23/2021     1 A   CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C A C B A A Non QM Non QM Yes
215555889 XXXX XXXX 100309   22120713     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. Unable to verify current employment status using reliable third party records. CPA letter not provided       Reviewer Comment (2021-07-23): CPA letter provided. Clear


Buyer Comment (2021-07-15): CPA


Buyer Comment (2021-07-15): CPA letter.
 07/23/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215555889 XXXX XXXX 100309   22120714     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. Unable to verify current employment status using reliable third party records. CPA letter not provided       Reviewer Comment (2021-07-23): CPA letter. Clear.


Buyer Comment (2021-07-15): This is a waterfall finding related to other findings for which documentation has been provided"
 07/23/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215555889 XXXX XXXX 100309   22120715     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Ability to repay requirements not satisfied       Reviewer Comment (2021-07-23): CPA letter provided. Clear
 07/23/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C A C B A A Non QM Non QM No
215555889 XXXX XXXX 100309   22120716     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 1,409.76 on Final Closing Disclosure provided on [redacted] not accurate. Amount of Non Escrowed property cost over Year 1 of $[redacted] is not accurate. The actual amount of $[redacted]       Reviewer Comment (2021-07-26): LOX and PCCD sent to borrower.


Buyer Comment (2021-07-15): uploaded PCCD LOX and proof of delivery
   07/26/2021   2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
215555890 XXXX XXXX 100287   22120702     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided   Compliance report not provided       Reviewer Comment (2021-07-22): Associated the Document
 07/22/2021     1 A   WA Second Home Purchase   C B C A C B A A Non QM Non QM No
215555890 XXXX XXXX 100287   22120705     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Ten percent fee amount exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted]. No cure was provided to the borrower       Reviewer Comment (2021-07-23): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-22): Uploaded PCCD refund


Reviewer Comment (2021-07-19): [redacted] received COC dated [redacted]states "APR,DIT rate price & charge " which is not valid. Please provide a valid reason as to why the fee increased or provide cure documents.


Buyer Comment (2021-07-16): COC page 13-15
   07/23/2021   2 B   WA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215555890 XXXX XXXX 100287   22120706     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Appraisal fee amount of $[redacted] exceeds tolerance of $[redacted]. No cure was provided to the borrower       Reviewer Comment (2021-07-23): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-22): Uploaded PCCD refund


Reviewer Comment (2021-07-19): [redacted] received COC dated [redacted]states "APR,DIT rate price & charge " which is not valid. Please provide a valid reason as to why the fee increased or provide cure documents.


Buyer Comment (2021-07-16): COC page 13-15
   07/23/2021   2 B   WA Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215555890 XXXX XXXX 100287   22120707     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 07/06/2021 did not disclouse Amount of Non-Escrowed Property Costs over Year 1 Final Closing Disclose did not disclose amount of non-escrowed property costs over year 1       Buyer Comment (2021-07-16): Uploaded showing non-escrow property costs over year 1  (HOA : $[redacted] x12)
 07/22/2021     1 A   WA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
215555890 XXXX XXXX 100287   22120708     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Escrowed Property Costs Year 1 Incorrectly Disclosed TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 07/06/2021 disclosed N/A as Escrowed Property Costs over Year 1.         Reviewer Comment (2021-07-23): LOX and correct CD provided.
   07/23/2021   2 B   WA Second Home Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
215555891 XXXX XXXX 100322   22120694     Credit Credit Credit Eligibility Credit Borrower has - ___ open Tradelines which is less than the minimum required by guidelines. Borrowers only has one open trade line with a 12 month history, guidelines require 3.       Reviewer Comment (2021-07-26): Tradelines meet guidelines.


Reviewer Comment (2021-07-24): Correction to previous comment - Per guidelines 5.4 each tradeline included in the count of tradelines must have been opened for not less than twelve months.


Reviewer Comment (2021-07-24): Per guidelines .4 each tradeline included in the count of tradelines must have been opened for not less than twelve months.


Buyer Comment (2021-07-16): MINIMUM 3 tradelines - please review the credit report. There are 3, 1: [redacted] k / Mortgage; 2: [redacted] / Revolving credit, 3: there is a closed account [redacted] Revolving which was reporting for 16 months. Guides require 3, with 2 having been active in the past 12 months, which is satisfied. See LOE from our Exceptions team member Lisa Ruso, no exception required.
 07/26/2021     1 A   FL Investment Purchase   C A C A     A A     No
215555891 XXXX XXXX 100322   22120695     Credit Credit Credit Eligibility Credit Active Tradeline requirement not met.   Borrower only has 1 active tradeline in the last 12 months, guidelines require 2 accounts to be have been active in the last 12 months and have a 12 month history.       Reviewer Comment (2021-07-26): cleared.


Buyer Comment (2021-07-26): Please review the Exception LOE again, the tradelines were all reporting more than 12 months. Please provide specific feedback on which one was not open for 12 months. LOE includes that information as well "The guideline is a minimum of 3 tradelines reporting for at least 12 months with 2 having been active in the past 12 months".


Reviewer Comment (2021-07-24): Per guidelines 5.4 each tradeline included in the count of tradelines must have been opened for not less than twelve months.


Buyer Comment (2021-07-16): see loe from our exceptions desk rep - borrowers tradelines are sufficient.
 07/26/2021     1 A   FL Investment Purchase   C A C A     A A     No
215555892 XXXX XXXX 100304   22120697     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Verification of housing pay history provided       Reviewer Comment (2021-07-27): Borrowers primary housing on CBR for 48 mo with [redacted], loan paid off [redacted]. New loan with [redacted] D180 reporting for 2 months as of[redacted]


Buyer Comment (2021-07-20): Uploaded requested pay history , Credit Report, Updated Supplement CBR, Bank statements VOM, VOM Supplement. Please clear and mark complete.
 07/27/2021     1 A   FL Investment Refinance - Rate/Term   C B C B     A A     No
215555892 XXXX XXXX 100304   22120698     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___.   Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 749, 89 points > [redacted] Owner

Owner,Originator		 Reviewer Comment (2021-07-19): Approved lender exception in file.
     07/19/2021 2 B   FL Investment Refinance - Rate/Term   C B C B     A A     No
215555893 XXXX XXXX 100303   22120699     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Not provided       Reviewer Comment (2021-07-20): Approval is associated on[redacted]


Buyer Comment (2021-07-20): Uploaded Loan Approval. Please clear and mark complete.
 07/20/2021     1 A   FL Investment Refinance - Rate/Term   C B C B     A A     No
215555893 XXXX XXXX 100303   22120701     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy. Note loan amount of ___ is less than Guideline minimum loan amount of ___.   Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 FICO score is 89 points over program requirement Owner

Owner,Originator		 Reviewer Comment (2021-07-16): Lender approved exception with comp factors
     07/16/2021 2 B   FL Investment Refinance - Rate/Term   C B C B     A A     No
215555894 XXXX XXXX 100251   22120718     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient cure provided for fee exceeding tolerance       Reviewer Comment (2021-07-22): [redacted] upon further review borrower had shopped for the service and therefore cure not required.


Buyer Comment (2021-07-21): Uploaded the Service Provider list, which validates that the executed CD used different Service providers than what was recommended. This section the borrower is allowed to use different provider and since the borrower did, per the CFPB the 10% tolerance rule does not pertain to this loan. Please clear and mark complete
 07/22/2021     1 A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
215555894 XXXX XXXX 100251   22120719     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient cure provided for fee exceeding tolerance       Reviewer Comment (2021-07-22): [redacted] received cure of $[redacted] closing for the increased fee in the loan file.


Buyer Comment (2021-07-21): Uploaded executed cd that reflects a lender credit of $[redacted] was given at closing. Please clear
 07/22/2021     1 A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
215555894 XXXX XXXX 100251   22120721     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-22): Sufficient Cure Provided At Closing
   07/22/2021   1 A   FL Second Home Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
215555895 XXXX XXXX 100180   22120722     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-26): Compliance Report (Mavent, ComplianceEase, etc.) provided on[redacted]. Exception cleared.


Buyer Comment (2021-07-21): Uploaded Mavent report
 07/26/2021     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215555895 XXXX XXXX 100180   22120724     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. 0% tolerance exceeded by $[redacted] due to Appraisal Fee increase. No Valid Changed Circumstance provided, there was evidence of a cure for $[redacted] in file.       Reviewer Comment (2021-07-15): Sufficient Cure Provided At Closing
   07/15/2021   1 A   CA Primary Refinance - Rate/Term Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
215555896 XXXX XXXX 100285   22120727     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Mortgage Statement(s) not provided   File does not contain Proof that the $[redacted]/mo mortgage payment for [redacted] is a PITI payment.  If not, proof of Tax/Insurance is required.       Reviewer Comment (2021-07-29): Received Escrowed Mortgage statement hence condition cleared


Buyer Comment (2021-07-23): I have uploaded the [redacted] mortgage statement for [redacted]  to evidence the payment includes PITI.
 07/29/2021     1 A   NV Primary Purchase   C A C A C A A A Non QM Non QM No
215555896 XXXX XXXX 100285   22120729     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Negative Amortization TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 07/07/2021 incorrectly disclosed whether the loan contains Negative Amortization. Final Closing Disclosure inaccurate       Reviewer Comment (2021-07-23): Cleared
 07/23/2021     1 A   NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
215555899 XXXX XXXX 100170   22120732     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-21): Sufficient Cure Provided At Closing
   07/21/2021   1 A   CO Primary Refinance - Rate/Term Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
215555900 XXXX XXXX 100326   22120738     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded. Mortgage Broker Fee $[redacted], exceeds tolerance of $[redacted]. No cure located in file.       Reviewer Comment (2021-07-29): [redacted] Received Valid COC.


Buyer Comment (2021-07-28): [redacted] COC for loan amount change uploaded for your review.
 07/29/2021     1 A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
215555901 XXXX XXXX 100277   22120734     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Ten percent fee tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted].  Cure provided on final CD was insufficient to cover all of the tolerance issues.       Reviewer Comment (2021-07-30): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-29): Uploaded PCCD


Reviewer Comment (2021-07-27): [redacted] Received COC dated [redacted]loan locked is not a valid COC for recording fee to increased. Provide Valid COC or provide Cure Docs.


Buyer Comment (2021-07-27): COC page 11-13
   07/30/2021   2 B   MN Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
215555901 XXXX XXXX 100277   22120735     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Loan discount points fee amount of $[redacted] exceeds tolerance of$[redacted].  Cure provided on final CD was insufficient to cover all of the tolerance issues.       Reviewer Comment (2021-07-30): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-29): Uploaded PCCD


Reviewer Comment (2021-07-27): [redacted] Received COC dated [redacted]showing Interest rate changed is not a Valid COC as interest rate did not changed on LE dated [redacted]compare to LE dated [redacted]. Provide valid COC or provide Cure Docs.


Buyer Comment (2021-07-27): COC page 11-13
   07/30/2021   2 B   MN Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
215555901 XXXX XXXX 100277   22120736     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Administration fee amount of $[redacted].00 exceeds tolerance of $0.00. Cure provided on final CD was insufficient to cover all of the tolerance issues.       Reviewer Comment (2021-07-30): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-29): Uploaded PCCD


Reviewer Comment (2021-07-27): [redacted] Received COC dated [redacted]showing Rate Lock/ Interest rate change is not a Valid COC for addition of administration fee. Provide Valid COC with additional information or provide Cure Docs.


Buyer Comment (2021-07-27): COC page 11-13
   07/30/2021   2 B   MN Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
215686407 XXXX XXXX 100417   22390388     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Not provided Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   Owner Reviewer Comment (2021-07-07): Lender approved exception with comp factors
     07/07/2021 2 B   NJ Investment Refinance - Cash-out - Debt Consolidation   D B D B     A A     No
215686407 XXXX XXXX 100417   22390389     Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Final CD, HUD-1 or Closing Statement not provided.       Reviewer Comment (2021-07-26): Provided.


Reviewer Comment (2021-07-22): Closing Statement provided is not stamped by the title company.
 07/26/2021     1 A   NJ Investment Refinance - Cash-out - Debt Consolidation   D B D B     A A     No
215686407 XXXX XXXX 100417   22390390     Credit Credit Miscellaneous Guideline Credit Exception:   Allow 3 months cash rent receipts for [redacted] and [redacted] deposited into fathers bank account vs. requirements to verify rental income with a lease and Borrowers bank statements Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   Owner Reviewer Comment (2021-07-07): Lender approved exception with comp factors
     07/07/2021 2 B   NJ Investment Refinance - Cash-out - Debt Consolidation   D B D B     A A     No
215686408 XXXX XXXX 100443   22390391     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided   Compliance report not provided       Reviewer Comment (2021-08-11): Cleared


Buyer Comment (2021-08-11): Please review and clear. State rules N/A & HMDA was cleared.


Reviewer Comment (2021-08-10): waived in error


Buyer Comment (2021-07-19): HMDA cleared by EH. The other two warning have been waived. They do not apply to A series non qm program.
We cannot clear Mavent but we are compliant.


Reviewer Comment (2021-07-16): Compliance Report reflects fail for State Rules.


Buyer Comment (2021-07-14): Please review. Docs uploaded [redacted]


Buyer Comment (2021-07-09): Uploaded MAVENT
Per Compliance: HMDA cleared by EH. The other two warning have been waived. They do not apply to A series non qm program.
We cannot clear Mavent but we are compliant.
 08/11/2021     1 A   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
215686408 XXXX XXXX 100443   22390393     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient cure provided for fee exceeding tolerance       Reviewer Comment (2021-07-09): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-09): Uploaded Refund IAO $[redacted], PCCD and LOE.
   07/09/2021   2 B   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM No
215686408 XXXX XXXX 100443   22390394     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient cure provided for fee exceeding tolerance       Reviewer Comment (2021-07-09): [redacted]: Sufficient cure was provided at closing


Buyer Comment (2021-07-09): No Cure required.  Lender Credit at time of Closing for $[redacted] for 2nd Appraisal Fee. See Executed CD at time of closing, page 2.
 07/09/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM No
215686408 XXXX XXXX 100443   22390395     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Due to missing documentation, the loan review loan designation is ATR Fail       Reviewer Comment (2021-08-11): Cleared


Buyer Comment (2021-08-11): Uploaded SOS 3rd party verification


Reviewer Comment (2021-08-10): waived in error


Buyer Comment (2021-07-19): [redacted] has opted to waive this condition.
Per Compliance; HMDA cleared. The other two warning have been waived. They do not apply to A series non qm program.
We cannot clear Mavent but we are compliant.


Reviewer Comment (2021-07-16): Mavent reflects fail for state rules


Buyer Comment (2021-07-14): Please review. Docs uploaded [redacted]


Buyer Comment (2021-07-09): Uploaded MAVENT
Per Compliance: HMDA cleared by EH. The other two warning have been waived. They do not apply to A series non qm program.
We cannot clear Mavent but we are compliant.
 08/11/2021     1 A   CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B C A C B A A Non QM Non QM No
215686408 XXXX XXXX 100443   22390396     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. CPA Letter, Business entity listing or alternate third party verification not provided       Reviewer Comment (2021-07-16): Cleared


Buyer Comment (2021-07-14): Please review. Docs uploaded [redacted]


Buyer Comment (2021-07-09): Uploaded Entity Docs with BWR name.


Reviewer Comment (2021-07-08): The information provided does not reflect the borrower's name.


Buyer Comment (2021-07-02): Uploaded CA SOS Buse Entity Verification
 07/16/2021     1 A   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
215686408 XXXX XXXX 100443   22390397     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. CPA Letter, Business entity listing or alternate third party verification not provided       Reviewer Comment (2021-08-11): Cleared
 08/11/2021     1 A   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390421     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: -           07/20/2021     1 A   CO Primary Purchase   C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390422     Credit Asset Asset Documentation Asset Asset documentation requirements not met.             07/20/2021     1 A   CO Primary Purchase   C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390423     Credit Missing Document General Missing Document Missing Document: Cancelled Check(s) not provided             07/24/2021     1 A   CO Primary Purchase   C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390424     Credit Credit Miscellaneous Guideline Credit Exception:             08/05/2021     1 A   CO Primary Purchase   C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390425     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.             08/05/2021     1 A   CO Primary Purchase   C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390426     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail.           08/05/2021     1 A   CO Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390427     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records.           07/24/2021     1 A   CO Primary Purchase   C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390428     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied.           08/05/2021     1 A   CO Primary Purchase   C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390429     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.           08/06/2021     1 A   CO Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390431     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $76.15 exceeds tolerance of $50.00.  Insufficient or no cure was provided to the borrower.           07/22/2021     1 A   CO Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390432     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Water Testing Fee.  Fee Amount of $98.68 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower.           07/22/2021     1 A   CO Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390433     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided             07/24/2021     1 A   CO Primary Purchase   C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390434     Credit Missing Document General Missing Document Missing Document: Official Check not provided             07/24/2021     1 A   CO Primary Purchase   C A C A C A A A Non QM Non QM No
215686409 XXXX XXXX 100540   22390435     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $76.15 exceeds tolerance of $50.00.  Sufficient or excess cure was provided to the borrower at Closing.             07/24/2021   1 A   CO Primary Purchase Final CD evidences Cure C A C A C A A A Non QM Non QM No
215686410 XXXX XXXX 100547   22390417     Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender -           07/21/2021     1 A   FL Primary Purchase   C A C A A A B A Non QM Non QM No
215686410 XXXX XXXX 100547   22390418     Credit Missing Document General Missing Document Missing Document: Donor Check not provided             08/06/2021     1 A   FL Primary Purchase   C A C A A A B A Non QM Non QM No
215686410 XXXX XXXX 100547   22390419     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $165.01 exceeds tolerance of $100.00.  Sufficient or excess cure was provided to the borrower at Closing.             07/04/2021   1 A   FL Primary Purchase Final CD evidences Cure C A C A A A B A Non QM Non QM No
215686411 XXXX XXXX 100525   22390399     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-06-29): [redacted] has elected to waive
     06/29/2021 2 B   CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
215686411 XXXX XXXX 100525   22390400     Credit Title Document Error Title There is no dollar amount noted on the title policy.   Preliminary does not reflect a proposed title policy amount.  Amended title report or supplement indicating proposed amount is not in file.       Reviewer Comment (2021-07-02): Update provided.
 07/02/2021     1 A   CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
215686411 XXXX XXXX 100525   22390401     Credit Missing Document General Missing Document Missing Document: Bank Statements - Personal not provided   Missing recent 2 months [redacted] IRA account statements (all pages) to support assets used to meet reserve requirement.  Loan file contains only letter from [redacted]indicating month end account balances.       Reviewer Comment (2021-07-27): Guidelines allow use of the initial rate to calculate reserves.  Borrower has sufficient assets of $[redacted] based on initial PITIA and excluding the account not sufficiently verified.


Buyer Comment (2021-07-23): PITIA $[redacted]  x 6 month = $[redacted] required reserves + $[redacted] apprisal + closing costs of $[redacted]  = $[redacted]. VOD reflects total assets of $[redacted] so we have enough assets to cover reserves and closing costs. First Republic account # 5903 ending balance $[redacted] and account # 4239 ending balance $[redacted].


Reviewer Comment (2021-07-13): Reserves are based off the qualifying PITIA, which is $[redacted] for reserves, the appraisal is $[redacted], and funds required to close are $[redacted]. Without [redacted] account, the required reserves are only 5.54 months when 6 are required. Sort $[redacted]. Please advise.


Buyer Comment (2021-07-07): Please disregard [redacted] account.

Cash to close - $[redacted]
6 mos reserves - $[redacted]
Total - $[redacted]

Total assets without [redacted] account $[redacted].
 07/27/2021     1 A   CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
215686411 XXXX XXXX 100525   22390402     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance for increased fee amount disclosed in Initial Closing Disclosure dated 6[redacted].  Final Closing Disclosure does not disclose a Lender cure credit for $[redacted] tolerance.       Reviewer Comment (2021-07-02): [redacted] received Valid COC for increased in Mortgage Broker fee
 07/02/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM No
215686411 XXXX XXXX 100525   22390403     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___.         Reviewer Comment (2021-07-27): Guidelines allow use of the initial rate to calculate reserves.  Borrower has sufficient assets of $[redacted] based on initial PITIA and excluding the account not sufficiently verified.
 07/27/2021     1 A   CA Primary Refinance - Rate/Term   C B C B C A A A Non QM Non QM No
215686412 XXXX XXXX 100531   22390467     Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account statement Inaccurate RESPA: Initial escrow account statement does not match charges on HUD-1/Final Closing Disclosure.         Reviewer Comment (2021-07-14): Cleared


Buyer Comment (2021-07-08): Can you give me what should be on the initial escrow account statement?  I want to make sure the amount on the initial escrow account statement exactly matches the CD.  Thank you.


Reviewer Comment (2021-07-02): The only documents provided are not addressing the discrepancy between charge on CD and the initial escrow statement.


Buyer Comment (2021-06-29): I have uploaded the disclosure tracking information as well as the eDisclosure Agreement not accepted by the borrower until[redacted] at [redacted]  am for your review.
 07/14/2021     1 A   CA Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
215686412 XXXX XXXX 100531   22390469     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [redacted] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations.         Reviewer Comment (2021-07-21): Earlier dated E-sign document provided.


Buyer Comment (2021-07-15): I have uploaded all the initial disclosures, including the initial LE, that were faced to the borrower on [redacted]  for your review.


Reviewer Comment (2021-07-12): [redacted] received Disclosure Summary. The consumer went through the eConsent process on[redacted], the consumer acknowledged the receipt of the LE on[redacted]. But the loan application date was[redacted]. In the event the consumer had not provided and accepted eConsent by[redacted], then the lender should have sent the consumer the Loan Estimate through another means in accordance with the official interpretation reflected in Comment 19(e)(1)(iv)-2.  Provide proof borrower was sent Initial LE via other means than electronic delivery, as the e-consent was over 3 business days and acknowledged over 3 business days.  The LE would not have been provided electronically if borrower had not e-consented with the 3 business days after application. Provide proof Initial LE was sent via other method, such as USPS within 3 business days of application.


Buyer Comment (2021-06-29): I have uploaded the disclosure tracking information and the borrower's eDisclosure consent accepted by the borrower on [redacted]  for your review.
 07/21/2021     1 A   CA Primary Refinance - Rate/Term   C B A A C B A A Non QM Non QM No
215686412 XXXX XXXX 100531   22390471     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Ten Percent Fee Tolerance exceeded       Reviewer Comment (2021-08-11): Cleared


Reviewer Comment (2021-08-11): [redacted]: The PCCD provided is in Standard Format and Final CD format is Alternate. Please provide PCCD in Alternate Format. Since the subject property is Refinance.


Buyer Comment (2021-08-10): See attached


Reviewer Comment (2021-07-28): [redacted]: The provided PCCD is in Standard Format and Final CD format is Alternate. Please provide PCCD in Alternate Format.


Buyer Comment (2021-07-27): The copy of the check, LOE to Borrower and the PCCD have been uploaded for your review.


Reviewer Comment (2021-07-21): This fee is due to an increase in recording fees, per final CD,  Cure is required.


Buyer Comment (2021-07-21): Please clarify, I see the cure for $[redacted]5 tax transcript and $[redacted] for recording fee which = $[redacted]Please advise?.


Reviewer Comment (2021-07-09): [redacted]: The Recording fee on initial LE is $[redacted] and can increased to $189+10%=$[redacted] whereas on Final CD it is increased to $[redacted] required lender cure for $[redacted]-$395=$[redacted]. Please provide Total lender cure for $[redacted]  along with Post close CD, LOE, Proof of delivery and copy of check.


Buyer Comment (2021-07-08): The borrower shopped for these fees and chose different providers so the Section C fees should not be subject to any tolerance limitations under Reg Z.  Thank you.
 08/11/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM No
215686412 XXXX XXXX 100531   22390473     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-09): [redacted]: received valid COC for increased in loan discount


Buyer Comment (2021-07-08): I have uploaded the disclosure tracking for your information and review.  The discount points were changed when the loan locked, that is permissible under TRID
and should not cause a tolerance violation.
 07/09/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM No
215686412 XXXX XXXX 100531   22390474     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-08-11): [redacted] received copy of Refund check, proof of mailing,  Letter of Explanation & Corrected Closing Disclosure


Buyer Comment (2021-08-11): Please see attached PCCD, LOX and The shipping label with the PCCD in the correct format.


Reviewer Comment (2021-08-11): [redacted]: The PCCD provided is in Standard Format and Final CD format is Alternate. Please provide PCCD in Alternate Format. Since the subject property is Refinance.


Buyer Comment (2021-08-10): We refunded the borrower for the Admin fee, tax transcript fee and recording fee which = $[redacted] .  I have also attached that our Closing Dept. Their PCCD as well as the Final Settlement Statement reflects that the recording fees were lowered to $[redacted]; therefore, based on your calculations we sent $[redacted] more to the borrower for a refund.  Please advise.


Buyer Comment (2021-08-10): Please see attached this was cured. See PCCD and LOX $25 refunded to the borrower.
   08/11/2021   2 B   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM No
215686412 XXXX XXXX 100531   22390475     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-08-04): [redacted] received PCCD, LOE, copy of refund check, and proof of mailing; exception is cured.


Buyer Comment (2021-07-29): The borrower has already been refunded $[redacted], $[redacted] is still due the borrower for the total tolerance cures.  Please note that the borrower is now receiving cash back more than the 2% or $[redacted] allowed.  If we refund the amount due to the borrower, are we exceeding the 2% or $[redacted] cash back guidelines?
   08/04/2021   2 B   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390476     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-09): Provided.
 07/09/2021     1 A   NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390477     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   No Housing History provided due to type of loan on previous Note not requiring payments until due date. Lender Exception in file. D 0017 Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 DTI is [redacted]%, [redacted]% less than the program Maximum of [redacted]%, Credit score is [redacted], 22 points greater than program requirement of [redacted]. Owner

Owner,Originator		 Reviewer Comment (2021-07-01): Lender granted an exception
     07/01/2021 2 B   NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390478     Credit 1003 Missing Document 1003 Missing Lender's Initial 1003/Application.           Reviewer Comment (2021-07-09): Provided.


Buyer Comment (2021-07-06): uploaded 1003
 07/09/2021     1 A   NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390479     Compliance Compliance Federal Compliance Missing Application Date Missing Initial Loan Application Test No evidence of application date located in file.  Compliance tests were run using an application date of 05/18/2021 which is 1 months prior to consummation. A lookback was performed to determine this application date.         Reviewer Comment (2021-07-09): Initial 1003 provided.


Buyer Comment (2021-07-06): uploaded 1003
 07/09/2021     1 A   NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390480     Compliance Compliance Federal Compliance TILA NMLS - Missing Evidence of Initial Loan Application Date Truth in Lending Act (NMLSR Dodd- Frank 2014): Unable to determine compliance with NMLSR timing requirements due to missing evidence of initial loan application date.         Reviewer Comment (2021-07-09): Initial 1003 provided.


Buyer Comment (2021-07-06): uploaded 1003
 07/09/2021     1 A   NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390481     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2021-07-09): Provided.
 07/09/2021     1 A   NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390482     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Missing the Initial Closing Disclosure provided to borrower 4 days prior to the closing date of [redacted]       Reviewer Comment (2021-07-14): [redacted] receive[redacted] CD
 07/14/2021     1 A   NY Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390483     Compliance Compliance Federal Compliance TRID Defect TILA-RESPA Integrated Disclosure: application date on or after 10/3/2015, no Loan Estimates in the Loan File TILA-RESPA Integrated Disclosure: Loan Estimate not provided within loan images to evidence delivery to the Borrower(s).  The earliest Closing Disclosure provided in the loan file was used as the estimated baseline for Tolerance Testing.  Depending on the actual values on the initial Loan Estimate, a fee tolerance cure of up to $[redacted] may be required. Missing The Loan Estimate provided to borrower within 3 days of the Application date.       Reviewer Comment (2021-07-14): [redacted] received [redacted] & [redacted] & [redacted] LE's
 07/14/2021     1 A   NY Primary Refinance - Cash-out - Other No Defined Cure C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390484     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Notice of Right to Cancel Expiration Date Prior or equal to Disbursement Date Truth in Lending Act:  Actual Date(s) on Notice of Right to Cancel occurs prior to expected date(s). The Right to Cancel has the Incorrect Expiration date of [redacted], the correct Expiration date not including the weekend dated should be [redacted].       Reviewer Comment (2021-07-26): LOX, proof of deliver and RTC form along with corrected CD and refund all provided.


Reviewer Comment (2021-07-23): Per prior comments, rescission must be re-opened. Please re open rescission, provide the LOE, Proof of delivery and new RTC.


Buyer Comment (2021-07-15): Per lender this was already corrected and is what I uploaded


Reviewer Comment (2021-07-14): simply updated the RTC will not suffice. Please re open rescission, provide the LOE, Proof of delivery and new RTC.


Reviewer Comment (2021-07-09): Although the loan didn't disbursement until[redacted], the Right to cancel reflected the incorrect cancel date.  TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form.


Buyer Comment (2021-07-07): saturdays are counted in the RTC timing. The loan closed [redacted], the RTC expired [redacted] and the loan disbursed on [redacted]. please see final CD
   07/26/2021   2 B   NY Primary Refinance - Cash-out - Other TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390485     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. No evidence in the loan file of the borrower receiving the appraisal at least 3 business days prior to closing.       Reviewer Comment (2021-07-14): Cleared


Reviewer Comment (2021-07-09): Missing Disclosure signed at closing acknowledging the borrower received a copy of the appraisal, as well as evidence of when the appraisal was provided to the borrower.
 07/14/2021     1 A   NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390486     Credit Credit Miscellaneous Guideline Credit Exception:   The borrower does not meet the minimum tradelines requirements. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 DTI is [redacted]%, [redacted]% less than the program Maximum of [redacted]%, Credit score is [redacted], 22 points greater than program requirement of [redacted]. Owner

Owner,Originator		 Reviewer Comment (2021-07-01): Lender granted an exception
     07/01/2021 2 B   NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390487     Credit Credit Miscellaneous Guideline Credit Exception:   The loan file does not contain verification of the Bank of America debt paid on the CD and shown on the 1003.       Reviewer Comment (2021-07-09): Paid on CD.


Buyer Comment (2021-07-07): This was paid off at closing. Please see final CD.
 07/09/2021     1 A   NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390488     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - ECOA Timing ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. Document provided to borrower 1[redacted], which was not within 3 days of the application date.       Reviewer Comment (2021-07-14): [redacted] received [redacted] & [redacted] & [redacted] LE's
 07/14/2021     1 A   NY Primary Refinance - Cash-out - Other   C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390489     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Title-Settlement and Title-Doc Prep disclosed on Final CD in Section B are held to 10% tolerance.  Provider listed on SSPL is Bonafide Title Agency.  Fees on CD were paid to Pu7leo & Delisle.  Appears borrower shopped for title fees.  Corrected CD moving the title fees to Section C and LOE to borrower required to restest.       Reviewer Comment (2021-07-22): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Reviewer Comment (2021-07-20): [redacted] received COC and CD dated [redacted]for increased in recording fee. However, Changed Circumstance did not provide information on change that necessitated the increased in Recording fee Additional information on the change is needed to determine if the fee can be rebaselined. Or provide sufficient cure.


Buyer Comment (2021-07-19): The only thing that I see needs to happen for the Title Fee's listed in section B is to have them moved to Section C. These fee's were just listed in the wrong section. There is a COC and revised CD also attached for the Change in Title fee's which would also support the Cure of $[redacted] for the Good standing cert.
   07/22/2021   2 B   NY Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM No
215686413 XXXX XXXX 100405   22390490     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Certification Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Fee not disclosed on LE's and added to Final CD.  Missing valid changed circumstance or sufficient cure.       Reviewer Comment (2021-07-20): [redacted] received PCCD with all the Title fees in section C.


Buyer Comment (2021-07-19): The only thing that I see needs to happen for the Title Fee's listed in section B is to have them moved to Section C. These fee's were just listed in the wrong section. There is a COC and revised CD also attached for the Change in Title fee's which would also support the Cure of $[redacted] for the Good standing cert.
 07/20/2021     1 A   NY Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM No
215686414 XXXX XXXX 100652   22390436     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided           Reviewer Comment (2021-07-10): Appraisal provided. Clear.
 07/10/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390437     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 5.33110% or Final Disclosure APR of 5.34300% is in excess of allowable threshold of APOR 3.09% + 1.5%, or 4.59000%.  Non-Compliant Higher Priced Mortgage Loan.         Reviewer Comment (2021-07-10): 1004 provided. Clear.
 07/10/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390438     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Missing appraisal report       Reviewer Comment (2021-08-12): Cleared


Buyer Comment (2021-08-06): Please provide an update. All other exceptions cleared.


Buyer Comment (2021-07-22): Please advise if you need additional documentation to clear this condition. Appraisal previously uploaded. Thank you
 08/12/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390441     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal Not Obtained Timely) Unable to determine compliance with timely delivery of valuation to borrower due to missing information. Missing appraisal report       Reviewer Comment (2021-07-10): 1004 provided. Clear.
 07/10/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390443     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Appraisal - Did Not Physically Visit) TILA HPML Appraisal Rule (Dodd-Frank 2014): Appraisal not obtained by physical visit to property. Missing appraisal report       Reviewer Comment (2021-07-10): 1004 provided. Clear.
 07/10/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390445     Compliance Compliance Federal Compliance Missing Required Data Property Type Not Provided (Missing Data) Property Type. If property type is other than single family residence, state and federal testing may be impacted. Missing appraisal report       Reviewer Comment (2021-07-10): 1004 provided. Clear.


Buyer Comment (2021-07-06): Property is a PUD
 07/10/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390447     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance.   Final Closing Disclosure does not disclose a Lender cure credit for tolerance.       Reviewer Comment (2021-07-08): [redacted] received COC and CD for changed in Compensation plan to borrower paid


Buyer Comment (2021-07-06): Uploaded the CD and COC due to relock of loan and changing broker fee from lender paid to borrower paid.
 07/08/2021     1 A   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390448     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance.   Final Closing Disclosure does not disclose a Lender cure credit for $[redacted] tolerance.       Reviewer Comment (2021-07-22): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-07-22): PCCD with proof of refund uploaded
   07/22/2021   2 B   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390450     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance.   Final Closing Disclosure does not disclose a Lender cure credit for $[redacted] tolerance.       Reviewer Comment (2021-07-22): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-07-22): PCCD with proof of refund uploaded
   07/22/2021   2 B   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390453     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Earliest Closing Disclosure provided at closing       Reviewer Comment (2021-07-12): CD provided, Clear.


Buyer Comment (2021-07-06): Initial CD issued[redacted]
 07/12/2021     1 A   OH Primary Purchase No Defined Cure D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390454     Compliance Compliance Federal Compliance Missing Required Data (other than HUD-1 or Note) Appraisal Flipped Property Missing Information Last Sales Price or Last Sales Date from the Primary Valuation or Contract Sales Price or Contract Sales Date are missing. Unable to determine compliance with TIL HPML Flipped Property Requirements. Missing appraisal report       Reviewer Comment (2021-07-10): 1004 provided. Clear.
 07/10/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390456     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Closing Protection Letter Fee.  Fee Amount of $40.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance.   Final Closing Disclosure does not disclose a Lender cure credit for tolerance.       Reviewer Comment (2021-07-22): [redacted] Received PCCD with updated payee name for Fee.


Buyer Comment (2021-07-22): PCCD has been uploaded with payee name added


Reviewer Comment (2021-07-08): [redacted] Unable to determine if falls under the unlimited tolerance as on Final CD the Payee name is missing for Title-Closing Protection Letter fee. Please provide Final CD update with Payee name for Title-Closing Protection Letter fee and Endorsement Fee.


Buyer Comment (2021-07-06): The closing protection letter fee falls under the unlimited tolerance bucket. The aggregate amount of charges on the CD for third-party services did not exceed the aggregate amount disclosed on the initial CD. Fee is within tolerance.
 07/22/2021     1 A   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390458     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 163.13 on Final Closing Disclosure provided on [redacted] not accurate.         Reviewer Comment (2021-07-12): CD provided, Clear.


Buyer Comment (2021-07-06): According to §1026.38 Content of disclosures for certain mortgage transactions (CD) During the first year. Section 1026.38(l)(7)(i)(B)(1) requires disclosure based on payments during the first year after consummation. A creditor may comply with this requirement by basing the disclosure on a 12-month period beginning with the borrower's initial payment date OR on a 12-month period beginning with consummation. The figure of $[redacted] is accurate ($[redacted] x 11 mo)
 07/12/2021     1 A   OH Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390459     Credit Asset Asset Documentation Asset Asset documentation requirements not met.   Unacceptable down payment source.   Source of $[redacted] and $[redacted] is VISA credit card (financing)       Reviewer Comment (2021-07-28): Provided. Clear.


Buyer Comment (2021-07-21): I uploaded the bank statement showing the earnest money came from a checking account and not a credit card payment. LOE and bank statement uploaded.


Reviewer Comment (2021-07-19): Unable to clear as loan documents indicate the EMD came from a VISA Credit Card.
 07/28/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390461     Credit Asset Asset Documentation Asset Asset documentation requirements not met.   Missing legible copy of Receipt for ($[redacted] Gift) Wire Transfer Request       Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-14): Legible copy of the wire for $[redacted]0
 07/19/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390462     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2021-07-10): 1004 provided.  Clear.


Buyer Comment (2021-07-06): Appraisal was completed after this disaster. Please waive condition
 07/10/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390463     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___         Reviewer Comment (2021-07-28): Updated CD provided. Clear.


Buyer Comment (2021-07-22): PCCD with refund and payee name updated has been uploaded
 07/28/2021     1 A   OH Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390464     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Appraisal is missing.; Sec ID: 1           Reviewer Comment (2021-07-10): Clear Capital provided.  Clear.
 07/10/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390468     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2021-08-05): [redacted] Updated assets based on lender explanation. Cleared.


Buyer Comment (2021-07-29): Unable to determine why there is a reserve discrepancy.  Total qualified balance is $[redacted], minus cash to close $[redacted] (from CD signed at closing), remaining $[redacted] for reserves. Total subject property PITI monthly reserves = 9.38 ($[redacted]/$[redacted]).


Reviewer Comment (2021-07-28): Previous figures did include $[redacted]e have $[redacted], $[redacted], and $[redacted], which only results in 3.34 months reserves after funds to close are removed.


Buyer Comment (2021-07-22): Copy of $[redacted] wire uploaded. Please advise if you need additional documentation to clear the reserve exception.
 08/05/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686414 XXXX XXXX 100652   22390470     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing verification dated within 90 days of Note date that Borrower is till under contract with Pathways.       Pathways dated 12/4/2020 states date of contract 6/4/2014 and that the contract term is 6 months (renewable/cancellable).       Reviewer Comment (2021-07-12): VVOE received.


Buyer Comment (2021-07-06): VVOE dated [redacted]
 07/12/2021     1 A   OH Primary Purchase   D B D A C B D A Non QM Non QM No
215686415 XXXX XXXX 100463   22390513     Compliance Compliance Federal Compliance TRID TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. Confirmed the Seller's final CD contains fees not reflected on the consumer's final CD and has been added as Seller CD for review.       Reviewer Comment (2021-07-19): Final CD provided.
 07/19/2021     1 A   MA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM No
215686415 XXXX XXXX 100463   22390515     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00  is less than amount of binding Lender Credit previously disclosed in the amount of $-351.00. Final Lender Credit of $0.00  is less than amount of binding Lender Credit previously disclosed in the amount of $-3[redacted]   The final CD reflected a tolerance cure, however it was not sufficient to cure al tolerance issues.       Reviewer Comment (2021-07-19): Final CD provided.


Buyer Comment (2021-07-14): Final CD
 07/19/2021     1 A   MA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM No
215686415 XXXX XXXX 100463   22390516     Credit Credit Miscellaneous Guideline Credit Exception:   Income calculation worksheets do not match the same timeframe as the documentation provided.       Reviewer Comment (2021-07-29): Cleared


Buyer Comment (2021-07-28): [redacted]  Bank Statement


Reviewer Comment (2021-07-27): Looks like we are still missing the [redacted]  for account [redacted]


Buyer Comment (2021-07-22): Asset documents
 07/29/2021     1 A   MA Primary Purchase   C A C A C A A A Non QM Non QM No
215686415 XXXX XXXX 100463   22390517     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-19): Sufficient Cure Provided At Closing
   07/19/2021   1 A   MA Primary Purchase Final CD evidences Cure C A C A C A A A Non QM Non QM No
215686416 XXXX XXXX 100519   22390439     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Appraisal not provided       Reviewer Comment (2021-07-07): Provided.


Buyer Comment (2021-07-01): See uploaded appraisal.
 07/07/2021     1 A   NV Primary Purchase   D B D B C B D A Non QM Non QM No
215686416 XXXX XXXX 100519   22390442     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Appraisal is missing.; Sec ID: 1   Loan is to be securitized. Appraisal is missing       Reviewer Comment (2021-07-07): Appraisal provided.


Buyer Comment (2021-07-01): See uploaded appraisal.
 07/07/2021     1 A   NV Primary Purchase   D B D B C B D A Non QM Non QM No
215686416 XXXX XXXX 100519   22390444     Credit Credit Credit Eligibility Guideline There are red flags on the fraud report that have not been addressed - Red flag on fraud report not addressed. Auto refer - App Verify       Reviewer Comment (2021-07-14): cleared


Buyer Comment (2021-07-08): Uploaded Signature Affadavit with AKA's, US Patriot Act CIV document & Pages of Credit Bureau showing a Clear OFAC rating, all AKA's matching the SS number & employment data as well as current home & business address. LOE for Business Address uploaded. DOB on the credit report show the Age of 46 which corresponds to the DOB. Drivers License is in file. All of this information matches the data on the Drive Report. All data matches the 1003.  Please clear finding. Thank you.
 07/14/2021     1 A   NV Primary Purchase   D B D B C B D A Non QM Non QM No
215686416 XXXX XXXX 100519   22390446     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.   Property located in a FEMA disaster area, [redacted]. Appraisal not provided       Reviewer Comment (2021-07-07): Appraisal provided.


Buyer Comment (2021-07-01): See uploaded appraisal.
 07/07/2021     1 A   NV Primary Purchase   D B D B C B D A Non QM Non QM No
215686416 XXXX XXXX 100519   22390449     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 517.00 on Final Closing Disclosure provided on [redacted] not accurate. Property cost over year 1 if $[redacted] is not accurate. HOA monthly fee of $[redacted] over year 1 would total $[redacted]       Reviewer Comment (2021-07-13): [redacted] received Letter of Explanation & Corrected Closing Disclosure.


Buyer Comment (2021-07-01): Uploaded corrected PCCD, LOE & Proof of Delivery.
   07/13/2021   2 B   NV Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B D A Non QM Non QM No
215686416 XXXX XXXX 100519   22390451     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing disclosure not provided at least 3 business days before closing       Reviewer Comment (2021-07-13): [redacted] received earlier electronic delivery.


Buyer Comment (2021-07-01): See uploaded documents. A comparison of the 6/14 CD & the 6/18 CD reveals minor changes or reductions to the various fees.  The 6/14 Cd was eSigned as well.
 07/13/2021     1 A   NV Primary Purchase No Defined Cure D B D B C B D A Non QM Non QM No
215686416 XXXX XXXX 100519   22390457     Credit Credit Miscellaneous Guideline Credit Exception:   The compensation summary does not give YTD data, only [redacted] and [redacted]       Reviewer Comment (2021-07-07): Provided.


Buyer Comment (2021-07-03): The Heading at the top shows the statement covers the period of [redacted] through[redacted] and shows the  the Year to Date income through [redacted]. It compares the YTD income to the period of [redacted] through[redacted].  Also the heading to the upper right highlights 'Year To Date' in blue.  These are the YTD income numbers.
 07/07/2021     1 A   NV Primary Purchase   D B D B C B D A Non QM Non QM No
215686416 XXXX XXXX 100519   22390460     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - 1099 Transcripts were not provided. The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrower has been employed in the same industry for more than 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 [redacted]months greater than requirement of [redacted] months reserves Owner

Owner

Owner,Originator,Aggregator		 Reviewer Comment (2021-08-09): comp factors used to waive exception


Reviewer Comment (2021-08-05): [redacted] Lender exception received. Waived per direction received. Waived.


Buyer Comment (2021-08-03): See uploaded Approved Lender Exception for this finding.


Reviewer Comment (2021-07-07): Lender guidelines, section 14.1.3 do require the 1099 transcripts when the 1099 tax form method is used to determine the qualifying income.


Buyer Comment (2021-07-03): See uploaded Income Calculator & income documentation. The UW calculated monthly income on based on the [redacted] 1009 & the income based on the [redacted] 1009, then used the lesser of the 2 for qualification.  I think the UW could have combined the 2 years and divided by 24 months that would have given the borrower a higher qualifying income but UW used the most conservative numbers.  The YTD income is also documented but not used to calculate income. 4506T's are signed. I don't think the  transcripts are required in this case by the guidelines. Please clear this condition.
     08/05/2021 2 B   NV Primary Purchase   D B D B C B D A Non QM Non QM No
215686417 XXXX XXXX 100535   22390404     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003   Missing Broker's and Lender's initial 1003       Reviewer Comment (2021-07-20): Provided


Buyer Comment (2021-07-13): Attached is the initial 1003 for your review.
 07/20/2021     1 A   CA Investment Refinance - Rate/Term   D A C A D A A A N/A N/A No
215686417 XXXX XXXX 100535   22390406     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - Missing Tax Verification and proof XXXX is owned free and clear.   Loan file contains only Hazard Insurance Verification for property.       Reviewer Comment (2021-07-29): Appraisal received and clear.


Buyer Comment (2021-07-29): Please note that the uploaded revised appraisal report explains on the Addendum that this is a 2-Plex property and 2423 Dwight Street is the address of the second duplex unit.  There is no separately owned XXX property, the owner-occupied unit is XXXX and the second unit is XXXX which is on the corner.  The tax bill and title cover the 2-Plex property.


Reviewer Comment (2021-07-28): No Docs received for [redacted] . Exception Remains


Buyer Comment (2021-07-27): Please see attached revised appraisal report and the Addendum added to the report.  [redacted] is the address of the 2-Plex having the [redacted]. address.
 07/29/2021     1 A   CA Investment Refinance - Rate/Term   D A C A D A A A N/A N/A No
215686417 XXXX XXXX 100535   22390407     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ Missing third party verification for Jennifer S Hankins, Inc dated within 120 days of 6/24/2021 Note date @ approved A10 - (Personal) Bank Statement program       Reviewer Comment (2021-07-20): Cleared


Buyer Comment (2021-07-14): I can not find in the [redacted] guides where third party verification is required within 120 days of the Note date.  I have uploaded the website information as well as the [redacted] Mortgage Findings that require the borrower must be self-employed a minimum of 2 years, provide 12 months bank statements, personal and/or business, to document self-employed income or 30 days earnings statements and 2 years 1099s to document 1099 income and provide income calculator.  Please advise. Thank you.
 07/20/2021     1 A   CA Investment Refinance - Rate/Term   D A C A D A A A N/A N/A No
215686417 XXXX XXXX 100535   22390408     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.         Reviewer Comment (2021-07-20): Cleared


Buyer Comment (2021-07-14): I found it!


Reviewer Comment (2021-07-09): Still missing the disclosure "Right to Receive a Copy" of appraisal.  Sample disclosure language:  "We may order an appraisal to determine the property's value and charge you for this appraisal.  We will give you a copy of any appraisal, even if your loan does not close."


Buyer Comment (2021-07-06): I have uploaded the Appraisal Confirmation and Acknowledgment of Receipt of Appraisal Report signed forms by the Borrower for your review.
 07/20/2021     1 A   CA Investment Refinance - Rate/Term   D A C A D A A A N/A N/A No
215686417 XXXX XXXX 100535   22390409     Credit Title Document Error Title There is no dollar amount noted on the title policy.   Preliminary does not reflect a proposed title policy amount.  Amended title report or supplement indicating proposed amount is not in file.       Reviewer Comment (2021-07-09): Provided.


Buyer Comment (2021-07-06): The title and supplemental report is attached for your review.
 07/09/2021     1 A   CA Investment Refinance - Rate/Term   D A C A D A A A N/A N/A No
215686417 XXXX XXXX 100535   22390410     Credit Insurance Insurance Analysis Insurance Hazard Insurance Policy expires within 90 days of the Note Date.           Reviewer Comment (2021-07-20): Cleared


Buyer Comment (2021-07-13): HOP for [redacted]  for review.
 07/20/2021     1 A   CA Investment Refinance - Rate/Term   D A C A D A A A N/A N/A No
215686417 XXXX XXXX 100535   22390411     Compliance Compliance Federal Compliance Missing Non-Required Data Disbursement Date Missing Disbursement Date Missing: Evidence of disbursement date not found in file. Security Instrument Notary Date of [redacted] used as disbursement date for compliance testing.         Reviewer Comment (2021-07-09): Closing statement provided.


Buyer Comment (2021-07-06): I have uploaded the Alta Statement for your review.  This is a Business Purpose loan and does not follow TRID; therefore, the ALTA statement is all that is required.
 07/09/2021     1 A   CA Investment Refinance - Rate/Term   D A C A D A A A N/A N/A No
215686417 XXXX XXXX 100535   22390412     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  No Document Used For Fee Testing Missing Final HUD-1.  No document containing fees provided.  Any applicable Federal, State or Local compliance testing is unreliable.         Reviewer Comment (2021-07-09): Closing statement provided.


Buyer Comment (2021-07-06): This is a Business Purpose Loan and does not follow TRID.  The ALTA Statement from the Closing Attorney is attached for your review.
 07/09/2021     1 A   CA Investment Refinance - Rate/Term   D A C A D A A A N/A N/A No
215686417 XXXX XXXX 100535   22390413     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. Business purpose loan, will be reviewed by compliance when all other exceptions have been addressed.       Reviewer Comment (2021-07-20): Cleared


Buyer Comment (2021-07-14): I am uploading the signed HUD-1 again for this exception.  Thank you.


Buyer Comment (2021-07-13): I am not sure what you need, I have uploaded the HUD-1 in another exception request for your reveiw.
 07/20/2021     1 A   CA Investment Refinance - Rate/Term   D A C A D A A A N/A N/A No
215686417 XXXX XXXX 100535   22390414     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure disclosure to applicant within three (3) business days of application or determination of first lien status.         Reviewer Comment (2021-07-29): Clear.


Buyer Comment (2021-07-29): I have uploaded the appraisal invoice to verify receipt of the appraisal report on 6-16 and the borrower's signed acknowledgment that a copy of the report was sent and viewed on that same date.


Buyer Comment (2021-07-22): This is a Business Purpose Loan and initial disclosures are not required.
 07/29/2021     1 A   CA Investment Refinance - Rate/Term   D A C A D A A A N/A N/A No
215686417 XXXX XXXX 100535   22390415     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing. HUD in file is estimated, please provide certified final copy.       Reviewer Comment (2021-08-04): Cleared


Buyer Comment (2021-08-03): The certified true copy of the Final Settlement Statement is attached for your review.
 08/04/2021     1 A   CA Investment Refinance - Rate/Term   D A C A D A A A N/A N/A No
215686418 XXXX XXXX 100490   22390527     Compliance Modification Loss Mitigation Document Check Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: 1003 Initial - Lender's not provided   Missing Broker's and Lender's Initial 1003       Buyer Comment (2021-06-21): Waive
     06/21/2021 2 B   FL Primary Purchase   D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390528     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Missing copy of first full appraisal report dated[redacted] (effective date[redacted]) documenting $[redacted] valuation amount reviewed by [redacted] 6[redacted], used for LTV and paid by Borrower before closing. Both copies of first appraisal report dated[redacted] ($[redacted]) and second appraisal report dated 6[redacted] ($[redacted]) were provided to Borrower 5[redacted].       Reviewer Comment (2021-06-23): Received the missing 1004


Buyer Comment (2021-06-21): Uploaded appraisal
 06/23/2021     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390529     Credit Credit Miscellaneous Guideline Credit Exception:   Missing verification #[redacted][redacted] $[redacted] auto lease remaining balance per creidt supplement is paid in full.       Reviewer Comment (2021-06-30): Leaving debts open and in DTI. Items are not filed as collections. Condition clear.


Buyer Comment (2021-06-24): There was no condition to have leases with MB Fin Svcs acct's ending 3001 and 4001 to be paid off. The condition was for credit supplement to update these accounts to zero balance since last report date was[redacted] and [redacted]. Loan was submitted for clear to close review and credit supplement for account ending 3001 was provided showing account was in collection for $[redacted] since less than $[redacted]  added to required reserves  (see screen shot below) the $[redacted] is medical collection for $[redacted] and collection for lease $[redacted]. I was advised by management ok to clear file to close without credit supplement for the other lease acct ending 4001 and make a PTD condition.  The condition for the other credit supplement for acct ending 4001 was cleared by Funderwriter which I did not review. (See attached document)


Reviewer Comment (2021-06-23): Supplement provided does not show balance paid in full - condition remains open.


Buyer Comment (2021-06-21): Uploaded credit supplement
 06/30/2021     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390530     Credit Credit Miscellaneous Guideline Credit Exception:   Missing verification #[redacted][redacted] auto lease (paid off through closing), $[redacted] auto lease balance transferred to collection and auto lease with a $[redacted] remaining balance, are all closed lease accounts.       Reviewer Comment (2021-06-30): Leaving debts open and in DTI. Items are not filed as collections. Condition clear.


Buyer Comment (2021-06-24): There was no condition to have leases with MB Fin Svcs acct's ending 3001 and 4001 to be paid off. The condition was for credit supplement to update these accounts to zero balance since last report date was[redacted] and [redacted]. Loan was submitted for clear to close review and credit supplement for account ending 3001 was provided showing account was in collection for $[redacted] since less than $[redacted]  added to required reserves  (see screen shot below) the $[redacted] is medical collection for $[redacted] and collection for lease $[redacted]. I was advised by management ok to clear file to close without credit supplement for the other lease acct ending 4001 and make a PTD condition.  The condition for the other credit supplement for acct ending 4001 was cleared by Funderwriter which I did not review. (See attached document)
 06/30/2021     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390531     Credit Credit Miscellaneous Guideline Credit Exception:   Missing verification [redacted] $[redacted] auto lease balance is paid in full.       Reviewer Comment (2021-06-30): Leaving debts open and in DTI. Items are not filed as collections. Condition clear.
 06/30/2021     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390532     Credit Credit Miscellaneous Credit Missing Document: Credit Letter of Explanation (LOE) not provided   Missing Borrowers' signed letter of explanation regarding all reported derogatory credit history       Reviewer Comment (2021-06-30): Lates over 24 months prior. Cleared.


Buyer Comment (2021-06-24): Please specify all reported derogatory credit history


Reviewer Comment (2021-06-23): Letter received, but only address one item - condition remains open for a letter addressing all adverse outlined in guides.


Buyer Comment (2021-06-21): Credit Explanation
 06/30/2021     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390533     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-06-23): Received
 06/23/2021     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390534     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. [redacted]% > 50%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. Approved lender exception. Owner,Originator Reviewer Comment (2021-06-17): Lender exception in file.
     06/17/2021 2 B   FL Primary Purchase   D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390536     Property Valuation Valuation Issue Valuation The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal   Missing copy of first full appraisal report dated[redacted] (effective date[redacted]) documenting $[redacted] valuation amount reviewed by [redacted] 6[redacted], used for LTV and paid by Borrower before closing. Both copies of first appraisal report dated[redacted] ($[redacted]) and second appraisal report dated 6[redacted] ($[redacted]) were provided to Borrower 5[redacted] (D0195).       Reviewer Comment (2021-06-23): Received the missing 1004 - effective date of this report is the same as the effective date of the CDA.  Cleared.


Buyer Comment (2021-06-21): Appraisal
 06/23/2021     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390537     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.         Buyer Comment (2021-06-21): Waive
     06/21/2021 2 B   FL Primary Purchase   D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390538     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 8,460.87 on Final Closing Disclosure provided on [redacted] not accurate.         Reviewer Comment (2021-08-05): [redacted] received Letter of Explanation & Corrected Closing Disclosure.


Buyer Comment (2021-07-22): Uploaded PCCD


Reviewer Comment (2021-07-21): [redacted] received Corrected CD.  Missing copy of LOE to borrower to finalize cure.


Buyer Comment (2021-07-13): The itemization reflects $[redacted] for hazard insurance but hazard insurance is already included.


Reviewer Comment (2021-07-09): [redacted] received[redacted] Corrected CD, however it does not reflect corrected costs.  Corrected CD indicating non-escrowed closing costs of $[redacted] page 4 but page 1 reflects $[redacted] of non-escrowed costs.  Loan file indicates Costs of $[redacted]  for 12 months.  These itemized costs of $[redacted] hoa.  Please provide PCCD and LOE to cure or verification of updated amounts.


Buyer Comment (2021-06-24): Uploaded revised CD


Reviewer Comment (2021-06-23): The PCCD provided dated[redacted] still shows the non-escrowed costs of $[redacted]  which is the issue.  Condition remains outstanding.


Buyer Comment (2021-06-21): Uploaded CD with non-escrow
   08/05/2021   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390539     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) [redacted]% > 50%. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%. Approved lender exception. Owner,Originator Buyer Comment (2021-06-21): Waive
     06/21/2021 2 B   FL Primary Purchase   D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390540     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Settlement / Closing / Escrow Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient cure.       Reviewer Comment (2021-06-28): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-06-22): Fee cured
   06/28/2021   2 B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D B C B C A Non QM Non QM No
215686418 XXXX XXXX 100490   22390542     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The subject property is located in a FEMA disaster that does not have a declared end date. Disaster Name: ___
Disaster Declaration Date: ___		         Reviewer Comment (2021-07-21): Property not the building named in disaster.


Buyer Comment (2021-07-19): The Surfside disaster, which was a building collapse, is located 25 miles from our subject property. This inspection shouldn't apply.
 07/21/2021     1 A   FL Primary Purchase   D B D B C B C A Non QM Non QM No
215686419 XXXX XXXX 100544   22390492     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-06-25): [redacted] has elected to waive
     06/25/2021 2 B   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390493     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ Missing UW income worksheet to verify the Bank Statement Income for Maria E. Mayoral       Reviewer Comment (2021-06-25): Provided.
 06/25/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390494     Credit Credit Credit Calculation / Analysis Guideline Guideline Requirement: Representative FICO score discrepancy. Representative FICO score of ___ is less than Guideline representative FICO score of ___. Loan amount over three million requires a [redacted] credit score. File score is [redacted]. Borrower has worked in the same position for more than 3 years.

Borrower has been employed in the same industry for more than 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 B1 is self-employed in same business for [redacted] years

[redacted] versus [redacted] month program requirement		 Owner

Owner

Owner,Originator		 Reviewer Comment (2021-06-25): Lender granted exception approval in file.
     06/25/2021 2 B   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390495     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2021-06-25): Provided.
 06/25/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390496     Credit Missing Document General Missing Document Missing Document: Bank Statements - Business not provided   Missing Bank Statements for the months from [redacted] to [redacted] for the [redacted] account ending in [redacted], to verify the Bank Statement Income.       Reviewer Comment (2021-06-29): Have 12 months


Reviewer Comment (2021-06-28): Guidelines require 12 or 24 months of income. Unable to use income without additional statements. Condition remains open.


Reviewer Comment (2021-06-25): No additional bank statements provided for the noted missing months and the worksheets provided indicate those statements were considered in the qualifying income.
 06/29/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390497     Credit Missing Document General Missing Document Missing Document: Bank Statements - Business not provided   Missing Bank Statements for the months of [redacted] and [redacted] for the [redacted] account ending in [redacted], to verify the Bank Statement Income. and missing [redacted] through [redacted] for account ending in [redacted].       Reviewer Comment (2021-06-30): Account was breached, new account was opened, have full 12 months using both accounts.


Buyer Comment (2021-06-29): Please see updated [redacted]


Reviewer Comment (2021-06-28): Guidelines require 12 or 24 months of income. Unable to use income without additional statements. Condition remains open.


Buyer Comment (2021-06-28): Please see uploaded statements


Reviewer Comment (2021-06-25): The calculation worksheet indicates statements from[redacted] to [redacted] were included in the qualifying calculations.  The statements are not located in the loan file.  Please provide.


Buyer Comment (2021-06-25): Please see uploaded LOE
 06/30/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390498     Credit Missing Document General Missing Document Missing Document: Bank Statements - Business not provided   Missing Bank Statements for the month [redacted] for the [redacted] account ending in 0741, to verify the Bank Statement Income.       Reviewer Comment (2021-06-29): worksheet reflects only 12 months analysis


Reviewer Comment (2021-06-28): Guidelines require 12 or 24 months of income. Unable to use income without additional statements. Condition remains open.


Buyer Comment (2021-06-28): Please see uploaded docs


Reviewer Comment (2021-06-25): The letter of explanation does not address this account.


Buyer Comment (2021-06-25): Please see uploaded LOE
 06/29/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390499     Credit Missing Document General Missing Document Missing Document: Bank Statements - Business not provided   Missing UW Worksheet used for this account and Bank Statements for the months from [redacted] to [redacted] for the [redacted] account ending in 1925, to verify the Bank Statement Income.       Reviewer Comment (2021-06-28): Account [redacted] provides no income to the transaction.


Buyer Comment (2021-06-28): Amortization


Reviewer Comment (2021-06-25): The letter of explanation does not address this account.


Buyer Comment (2021-06-25): Please see uploaded LOE
 06/28/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390501     Credit Income / Employment Income Documentation Income / Employment Large deposits were not sourced and/or letter of explanation was not provided.   Source and season the following deposits into account [redacted] : $[redacted] [redacted], $ [redacted], $[redacted].       Reviewer Comment (2021-06-30): The asset has been sourced.


Reviewer Comment (2021-06-30): Have support for the transfers of $[redacted] and $[redacted] but they come from the co-borrower, do not appear to be income.  Removing these 2, the DTI is over 50.00%  Do not see specific explanation or supporting documentation for the $[redacted] deposit on [redacted].  Where did these funds come from?


Buyer Comment (2021-06-29): Please see uploaded docs


Reviewer Comment (2021-06-28): Need source and season of large deposits identified in Exception.


Reviewer Comment (2021-06-25): Please clarify how the document provided addresses the source of the noted large deposits.
 06/30/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390502     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. DTI exceeds allowable. Borrower income is $[redacted] on a 24 months average of all bank statements. Co Borrower income is $[redacted] from wages. averaged bonus over 2 years plus YTD.       Reviewer Comment (2021-06-29): using 12 months of statements


Reviewer Comment (2021-06-28): With the addition of more statements the borrower's monthly income is $[redacted] and the co borrower's income is $[redacted]. Account summary by account number for each month of income : 4167 - $[redacted], 9636 - $[redacted], 0741 - $[redacted], 1519 - $[redacted] Total $[redacted] for the borrower and $[redacted] for all borrowers.


Buyer Comment (2021-06-28): please see uploaded docs


Reviewer Comment (2021-06-25): Still missing clarification and bank statements.


Buyer Comment (2021-06-25): Please see uploaded docs
 06/29/2021     1 A   CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM Loan Designation C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390503     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Excessive DTI.       Reviewer Comment (2021-06-29): using 12 month average


Reviewer Comment (2021-06-28): With the addition of more statements the borrower's monthly income is $[redacted] and the co borrower's income is $[redacted], or $[redacted] for all borrowers. DTI 50.08%.


Buyer Comment (2021-06-28): please see uploaded docs


Reviewer Comment (2021-06-25): Still missing clarification and bank statements.


Buyer Comment (2021-06-25): Please see uploaded docs
 06/29/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390504     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Excessive DTI.       Reviewer Comment (2021-06-29): using 12 months of statements


Reviewer Comment (2021-06-28): With the addition of more statements the borrower's monthly income is $[redacted] and the co borrower's income is $[redacted], or $[redacted] for all borrowers. DTI 50.08%. ATR failure.


Buyer Comment (2021-06-28): please see uploaded docs


Reviewer Comment (2021-06-25): Still missing clarification and bank statements.


Buyer Comment (2021-06-25): Please see uploaded docs
 06/29/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390505     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) Excessive DTI.       Reviewer Comment (2021-06-29): using 12 months of statements


Reviewer Comment (2021-06-28): With the addition of more statements the borrower's monthly income is $[redacted] and the co borrower's income is $[redacted], or $[redacted] for all borrowers. DTI 50.08%. ATR failure.


Buyer Comment (2021-06-28): please see uploaded docs


Reviewer Comment (2021-06-25): Still missing clarification and bank statements.


Buyer Comment (2021-06-25): Please see uploaded docs
 06/29/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390506     Credit Income Income Error Income The # of Bank Statements Required is less than total of  Statement Period Months. - Do not have 12 months for all accounts.       Reviewer Comment (2021-06-30): Account was breached, new account was opened, have full 12 months using both accounts.


Buyer Comment (2021-06-29): Please see uploaded docs


Reviewer Comment (2021-06-28): Guidelines require 12 or 24 months of income. Unable to use income without additional statements. Condition remains open.  account [redacted]
 06/30/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390507     Credit Income Income Error Income The # of Bank Statements Required is less than total of  Statement Period Months. -         Reviewer Comment (2021-06-29): Using 12 months


Reviewer Comment (2021-06-28): Guidelines require 12 or 24 months of income. Unable to use income without additional statements. Condition remains open. account [redacted]
 06/29/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390508     Credit Income Income Error Income The # of Bank Statements Required is less than total of  Statement Period Months. -         Reviewer Comment (2021-06-29): using 12 months


Reviewer Comment (2021-06-28): Guidelines require 12 or 24 months of income. Unable to use income without additional statements. Condition remains open. account [redacted]and [redacted]
 06/29/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390509     Credit Credit Miscellaneous Guideline Credit Exception:   The Bank statement analysis form states 24 months however all of the income analysis worksheets for the 5 accounts only list 12 months.  Either the Bank Statement Analysis needs to be corrected, or the worksheets and all accounts need to have 24 months.       Reviewer Comment (2021-06-30): Per lender, the bank statement analysis should not be utilized when determining program, the underwriting worksheets should be used.


Buyer Comment (2021-06-29): Please see uploaded docs
 06/30/2021     1 A   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390510     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Based on 12 month income averages. Borrower has been employed in the same industry for more than 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 B1 is self-employed in same business for [redacted] years

[redacted] versus [redacted] month program requirement		 Owner

Owner,Originator		 Reviewer Comment (2021-08-05): Lender exception approved for compensating factors: reserves and length of employment.


Reviewer Comment (2021-07-20): Lender exception does not address this condition


Reviewer Comment (2021-07-12): This Exception does not pertain to a $[redacted] deposit and sourcing.


Reviewer Comment (2021-06-30): Asset has been sourced however it is not income, it came from the borrower's liquidated account.


Buyer Comment (2021-06-30): please see uploaded source of funds for 35K
     08/05/2021 2 B   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686419 XXXX XXXX 100544   22390511     Credit Credit Miscellaneous Guideline Credit Exception:   Allow no tax transcripts for [redacted] and [redacted] vs program requirement to obtain 1099 transcripts. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower has been employed in the same industry for more than 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 B1 is self-employed in same business for [redacted] years

[redacted] versus [redacted] month program requirement		 Owner

Owner

Owner,Originator		 Reviewer Comment (2021-07-20): Comp factors used to waive exception.
     07/20/2021 2 B   CA Primary Refinance - Cash-out - Other   C B C B C A A A Non QM Non QM No
215686420 XXXX XXXX 100526   22390520     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.  Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted].       Reviewer Comment (2021-07-06): [redacted] received valid COC for increased in Mortgage Broker fee
 07/06/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM No
215686420 XXXX XXXX 100526   22390521     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Wire / Funding / Disbursement Fee.  Fee Amount of $55.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.  Zero Percent Fee Tolerance exceeded for Wire / Funding / Disbursement Fee. Fee Amount of $[redacted] exceeds tolerance of $0.00.       Reviewer Comment (2021-07-06): [redacted]: Upon further review there is no tolerance violation
 07/06/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM No
215686420 XXXX XXXX 100526   22390522     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Due to missing documentation, the loan designation determined by the review is ATR Fail.       Reviewer Comment (2021-07-02): CPA letter provided.


Buyer Comment (2021-06-29): Please see uploaded CPA letter
 07/02/2021     1 A   CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM No
215686420 XXXX XXXX 100526   22390523     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. Loan file does not contain any third party verification of the borrower's business.       Reviewer Comment (2021-07-02): CPA letter provided.
 07/02/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686420 XXXX XXXX 100526   22390524     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Due to missing documentation,  ATR requirements are not satisfied.       Reviewer Comment (2021-07-02): CPA letter provided.
 07/02/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686420 XXXX XXXX 100526   22390525     Credit System General Appraisal Reconciliation Valuation address does not match Note address. - The note has the additional word of "building" in the address which appears to be in error -- note address is "11734 Huston Street Building, Valley Village, CA       Reviewer Comment (2021-07-27): Updated Note provided.
 07/27/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686420 XXXX XXXX 100526   22390526     Credit System General System Security Instrument address does not match Note address.   same correction needed to address.       Reviewer Comment (2021-07-27): Cleared.


Buyer Comment (2021-07-27): The mortgage was corrected at closing.
 07/27/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686421 XXXX XXXX 100467   22390541     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - ___ Missing HOA Verification for XXXX, College Point, NY departure residence verifying stated $314.00 monthly assessments       Reviewer Comment (2021-07-06): Provided


Buyer Comment (2021-06-30): HOA Invoice for $[redacted]
 07/06/2021     1 A   NY Primary Purchase   C A C A C A A A Non QM Non QM No
215686421 XXXX XXXX 100467   22390543     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): Compliance
 07/19/2021     1 A   NY Primary Purchase   C A C A C A A A Non QM Non QM No
215686421 XXXX XXXX 100467   22390544     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [redacted] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. Missing E-Sign Consent Agreement       Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): Econsent
 07/19/2021     1 A   NY Primary Purchase   C A C A C A A A Non QM Non QM No
215686421 XXXX XXXX 100467   22390545     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2021-07-28): Cleared


Buyer Comment (2021-07-22): Asset documents


Reviewer Comment (2021-07-19): Asset documentation provided gives [redacted] months reserves which is less than guideline requirements of 6 months.


Buyer Comment (2021-07-14): rebuttal
 07/28/2021     1 A   NY Primary Purchase   C A C A C A A A Non QM Non QM No
215686422 XXXX XXXX 100429   22390548     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-05-10): [redacted] has elected to waive this exception
     05/10/2021 2 B   FL Second Home Purchase   C B B B A A C A Non QM Non QM No
215686422 XXXX XXXX 100429   22390551     Property Property - Appraisal Appraisal Documentation Property - Appraisal HOA project is involved in litigation.   Condo is in litigation for water damage and a construction defect for roof damage. The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 [redacted]% < [redacted]%.

> [redacted] months		 Originator,Owner

Owner,Originator		 Reviewer Comment (2021-08-02): moved to a waive able condition


Reviewer Comment (2021-08-02): Re opened


Reviewer Comment (2021-05-07): Lender approved exception
 08/02/2021     1 A   FL Second Home Purchase   C B B B A A C A Non QM Non QM No
215686422 XXXX XXXX 100429   22390552     Credit Guideline Guideline Issue Guideline Ineligible property type. ___ The annual budget for the association does not allow for capital reserves, guidelines require reserves to be at least 5% of the expenditures. The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 [redacted]% < [redacted]%.

> [redacted] months		 Originator,Owner

Owner,Originator		 Reviewer Comment (2021-05-07): Lender approved exception
     05/07/2021 2 B   FL Second Home Purchase   C B B B A A C A Non QM Non QM No
215686422 XXXX XXXX 100429   22390554     Credit Credit Miscellaneous Guideline Credit Exception:   Condo is in litigation for water damage and a construction defect for roof damage. The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower has been employed in the same industry for more than 5 years.		 [redacted]% < [redacted]%. Originator,Owner

Owner

Owner		 Reviewer Comment (2021-08-02): waived by [redacted]
     08/02/2021 2 B   FL Second Home Purchase   C B B B A A C A Non QM Non QM No
215686423 XXXX XXXX 100507   22390556     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - ___ Missing Property History Report verifying XXXX, Seattle, WA primary residence is owned free and clear 12 months preceding Note date       Reviewer Comment (2021-07-22): This property address , in Flood report there is no loan amount reflects , so its free and clear


Reviewer Comment (2021-07-19): Missing Property History Report
 07/22/2021     1 A   WA Investment Refinance - Cash-out - Other   D B C A D B A A N/A N/A No
215686423 XXXX XXXX 100507   22390557     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-08-05): Compliance Report received


Buyer Comment (2021-08-02): Latest compliance report dated 07.22


Reviewer Comment (2021-08-02): Latest Compliance Report (Mavent, ComplianceEase, etc.) not provided ,exception remains


Buyer Comment (2021-07-28): High Cost does not apply on A10 loans when property is an investment.


Reviewer Comment (2021-07-19): Latest Compliance Report provided reflects fail for High Cost.


Buyer Comment (2021-07-12): Loan doesn't follow TRID. We do not require an initial 1003 on business purpose loans
 08/05/2021     1 A   WA Investment Refinance - Cash-out - Other   D B C A D B A A N/A N/A No
215686423 XXXX XXXX 100507   22390558     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003           Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): Loan doesn't follow TRID. We do not require an initial 1003 on business purpose loans
 07/19/2021     1 A   WA Investment Refinance - Cash-out - Other   D B C A D B A A N/A N/A No
215686423 XXXX XXXX 100507   22390559     Credit Missing Document General Missing Document Incomplete Document: 1003 Initial - Broker's is incomplete   Missing Broker's initial 1003       Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): Loan doesn't follow TRID. We do not require an initial 1003 on business purpose loans
 07/19/2021     1 A   WA Investment Refinance - Cash-out - Other   D B C A D B A A N/A N/A No
215686423 XXXX XXXX 100507   22390561     Compliance Compliance Federal Compliance ATR/QM Defect Other Income - Not to be used for qualifying Qualified Mortgage (Dodd-Frank 2014): Income used to qualify borrower(s) not permitted for use under Appendix Q. N/A - Investment property       Reviewer Comment (2021-07-27): Cleared


Buyer Comment (2021-07-20): Income is considered stable. Borrower has been continuously employed for more than two years.
 07/27/2021     1 A   WA Investment Refinance - Cash-out - Other   D B C A D B A A N/A N/A No
215686423 XXXX XXXX 100507   22390562     Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees 2021 Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of 5.34977% is in excess of the allowable maximum of  3.00000% of the Federal Total Loan Amount. Points and Fees total $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $9,544.78 or 2.34977%).         Reviewer Comment (2021-07-27): Cleared


Buyer Comment (2021-07-20): ATR Exempt Loans. An ATR Exempt Loan is, with certain exceptions, a loan that either is not subject to TILA or is exempt from the ability to repay requirements in Regulation Z (12 CFR § 1026.43(a) or (d)). For purposes of determining whether a loan is an ATR Exempt Loan, lenders must follow the TILA and Regulation Z definitions. If under TILA such a loan is considered to be for commercial or business purposes, it will be exempt from TILA and therefore considered an ATR Exempt Loan by Fannie Mae.


Reviewer Comment (2021-07-19): Compliance Report dated day of closing reflects Fail for High Cost


Buyer Comment (2021-07-16): See Mavent report. Figure seems to differ.
 07/27/2021     1 A   WA Investment Refinance - Cash-out - Other   D B C A D B A A N/A N/A No
215686423 XXXX XXXX 100507   22390563     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Estimated HUD-1 Used For Fee Testing Missing Final HUD-1:  Estimated HUD-1 used for any applicable Federal, State or Local compliance testing.         Reviewer Comment (2021-07-19): Cleared
 07/19/2021     1 A   WA Investment Refinance - Cash-out - Other   D B C A D B A A N/A N/A No
215686423 XXXX XXXX 100507   22390564     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. Missing Right to Receive Copy of Appraisal disclosure provided to Borrower       Reviewer Comment (2021-08-02): Right to Receive Copy of Appraisal disclosure(D0242) received , exception cleared


Buyer Comment (2021-07-28): Disclosure located and uploaded.


Reviewer Comment (2021-07-27): Unable to clear with proof of delivery.


Buyer Comment (2021-07-20): Unable to locate disclosure. Proof of delivery uploaded


Reviewer Comment (2021-07-19): The Dodd-Frank Act and ECOA Valuations rule require creditors to disclose to applicants that they have the right to receive copies of appraisals and written valuations. The rule covers applications for closed-end or open-end credit secured by a first lien on a dwelling.  These include, but are not limited to: Loans for consumer, business purposes, investment, or leisure purposes (such as a vacation home)


Buyer Comment (2021-07-12): Loan doesn't follow TRID.
 08/02/2021     1 A   WA Investment Refinance - Cash-out - Other   D B C A D B A A N/A N/A No
215686423 XXXX XXXX 100507   22390566     Compliance Compliance Federal Compliance Compliance High Cost Indicator Test Loan does not exceed any high cost thresholds, however, documentation indicating loan was originated as a high cost loan found in file.         Buyer Comment (2021-08-10): [redacted] has elected to waive this condition.


Reviewer Comment (2021-08-09): this does apply to investment properties.


Buyer Comment (2021-07-28): Does not apply to investment loans
     08/10/2021 2 B   WA Investment Refinance - Cash-out - Other   D B C A D B A A N/A N/A No
215686424 XXXX XXXX 100561   22390570     Credit Missing Document General Missing Document Missing Document: Desk Review not provided   Loan amount exceeds $[redacted]and  2 appraisals + CDA is required.  CDA is missing.       Reviewer Comment (2021-07-14): Cleared
 07/14/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390571     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. DTI exceeds 50%.  Using qualifying payment base amortized over 360 months. The representative FICO score exceeds the guideline minimum by at least 40 points.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.		 71 points > [redacted]

LTV is [redacted],[redacted]%<[redacted]%		 Originator,Owner

Owner,Originator		 Reviewer Comment (2021-07-23): Approved lender exception provided.


Buyer Comment (2021-07-23): See attached exception for the DTI


Buyer Comment (2021-07-23): Please correct the credit debts as follows and this will resolve the DTI issue on the loan.    1)  Remove the payment for the [redacted]  account [redacted]is paid in full and has zero balance,  (credit supplement uploaded for reference),  2) Omit the $[redacted] payment on [redacted]  auto installment loan as the account has less than 10 payments and the payment may be excluded per guidelines,  3) Remove the Authorized user account [redacted]  $[redacted]  authorized user paymenys do not need to be included in the DTI as it is not the responsibility of the borrower,   4)  Omit all of the self reported [redacted]  and utility accounts, those are telephone and utilities that are self reported and not required to be included as liabilities   $[redacted],  $[redacted],  $[redacted] payments should all be excluded.  Once those changes are made your DTI will match ours and that should clear all of the outstanding ATR / DTI exceptions


Reviewer Comment (2021-07-14): Difference appears to be in the credit debts.  Please review and advise.


Buyer Comment (2021-07-12): Please see uploaded CPA Letter
     07/23/2021 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390572     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-07-12): [redacted] has elected to waive
     07/12/2021 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390574     Credit Credit Credit Eligibility Guideline There are red flags on the fraud report that have not been addressed - There appears to be a Red flag alert that was not cleared.  Only verbiage reflected is a recommendation.       Reviewer Comment (2021-07-26): Red flags cleared.


Buyer Comment (2021-07-26): The appraisers license # was entered incorrectly on the fraud report. It should be AR004857. I have uploaded the appraisers license


Reviewer Comment (2021-07-14): Same fraud report provided. Can you provide evidence the red flags were addressed?
 07/26/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390575     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. CPA Letter Missing       Reviewer Comment (2021-07-14): Cleared
 07/14/2021     1 A   CA Primary Purchase Lender to provide updated ATR/QM status C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390576     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. CPA Letter Missing       Reviewer Comment (2021-07-14): Cleared
 07/14/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390578     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% significantly exceeds the guideline maximum of [redacted]%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.)         Reviewer Comment (2021-07-23): Debts have been amended.


Buyer Comment (2021-07-23): Please correct the credit debts as follows and this will resolve the DTI issue on the loan.    1)  Remove the payment for the [redacted]  account [redacted]is paid in full and has zero balance,  (credit supplement uploaded for reference),  2) Omit the $[redacted] payment on [redacted]  auto installment loan as the account has less than 10 payments and the payment may be excluded per guidelines,  3) Remove the Authorized user account [redacted]  $[redacted]  authorized user paymenys do not need to be included in the DTI as it is not the responsibility of the borrower,   4)  Omit all of the self reported [redacted]  and utility accounts, those are telephone and utilities that are self reported and not required to be included as liabilities   $[redacted],  $[redacted],  $[redacted] payments should all be excluded.  Once those changes are made your DTI will match ours and that should clear all of the outstanding ATR / DTI exceptions


Reviewer Comment (2021-07-14): this is tied to the DTI.


Buyer Comment (2021-07-12): Please see uploaded CPA Letter
 07/23/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390580     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Ten Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-14): [redacted] received  VCC, exception is cleared.
 07/14/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390582     Compliance Compliance Federal Compliance TILA CHARM Booklet Disclosure Status TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower. Charm Booklet not provided.       Reviewer Comment (2021-07-14): Cleared
 07/14/2021     1 A   CA Primary Purchase No Defined Cure C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390583     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. CPA letter missing       Reviewer Comment (2021-07-23): Lender exception provided for the DTI exceeding.


Buyer Comment (2021-07-23): Please correct the credit debts as follows and this will resolve the DTI issue on the loan.    1)  Remove the payment for the [redacted]  account [redacted]is paid in full and has zero balance,  (credit supplement uploaded for reference),  2) Omit the $[redacted] payment on [redacted]  auto installment loan as the account has less than 10 payments and the payment may be excluded per guidelines,  3) Remove the Authorized user account [redacted]  $[redacted]  authorized user paymenys do not need to be included in the DTI as it is not the responsibility of the borrower,   4)  Omit all of the self reported [redacted]  and utility accounts, those are telephone and utilities that are self reported and not required to be included as liabilities   $[redacted],  $[redacted],  $[redacted] payments should all be excluded.  Once those changes are made your DTI will match ours and that should clear all of the outstanding ATR / DTI exceptions


Reviewer Comment (2021-07-14): this is tied to the DTI.


Buyer Comment (2021-07-12): Please see uploaded CPA Letter
 07/23/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390585     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. CPA letter missing       Reviewer Comment (2021-07-14): Cleared
 07/14/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390586     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - CPA Letter missing       Reviewer Comment (2021-07-14): Cleared


Buyer Comment (2021-07-12): Please see uploaded CPA Letter
 07/14/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390587     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2021-07-23): Lender exception provided for the DTI exceeding.


Buyer Comment (2021-07-23): Please correct the credit debts as follows and this will resolve the DTI issue on the loan.    1)  Remove the payment for the [redacted]  account [redacted]is paid in full and has zero balance,  (credit supplement uploaded for reference),  2) Omit the $[redacted] payment on [redacted]  auto installment loan as the account has less than 10 payments and the payment may be excluded per guidelines,  3) Remove the Authorized user account [redacted]  $[redacted]  authorized user paymenys do not need to be included in the DTI as it is not the responsibility of the borrower,   4)  Omit all of the self reported [redacted]  and utility accounts, those are telephone and utilities that are self reported and not required to be included as liabilities   $[redacted],  $[redacted],  $[redacted] payments should all be excluded.  Once those changes are made your DTI will match ours and that should clear all of the outstanding ATR / DTI exceptions
 07/23/2021     1 A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C A A A Non QM Non QM No
215686424 XXXX XXXX 100561   22390588     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) Debts amended.       Reviewer Comment (2021-07-23): Lender exception provided for the DTI overage.
 07/23/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686425 XXXX XXXX 100513   22390590     Compliance Compliance State Compliance State HPML North Carolina Rate Spread Threshold Test Compliant North Carolina Rate Spread Home Loan: APR on subject loan of 4.88950% or Final Disclosure APR of 4.89100% is in excess of allowable threshold of APOR 3.01% + 1.5%, or 4.51000%.  Compliant Rate Spread Home Loan.         Buyer Comment (2021-07-30): [redacted] has elected to waive this exception
     07/30/2021 2 B   NC Primary Purchase Within 90 days of closing and prior to institution of any action against the lender, (1) notify the borrower, and (2) make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread.  

(Narrow Defense - Requires CHD Approval)
Within 120 days of discovery , which compliance failure was not intentional and resulted from a bona fide error,  creditor must: (1) provide Lender Attestation to AMC attesting the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made (specific details on how rate spread home loan was made despite procredures to prevent); (2) notify the borrower, and make appropriate restitution at the option of the borrower to either (a) make the loan comply with prohibited acts and practices or (b) change the terms of the loan in a manner beneficial to the borrower so the loan is no longer rate spread.		 C B C A B B A A Non QM Non QM No
215686425 XXXX XXXX 100513   22390591     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for Appraisal Report Fee tolerance       Reviewer Comment (2021-07-08): Sufficient Cure Provided At Closing
   07/08/2021   1 A   NC Primary Purchase Final CD evidences Cure C B C A B B A A Non QM Non QM No
215686425 XXXX XXXX 100513   22390592     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-22): Cleared


Buyer Comment (2021-07-15): Uploaded Mavent
 07/22/2021     1 A   NC Primary Purchase   C B C A B B A A Non QM Non QM No
215686425 XXXX XXXX 100513   22390593     Credit Credit Miscellaneous Guideline Credit Exception:   Full consecutive and competed 12 months housing history is not documented.  current residence [redacted] to present @  $[redacted] (per 1003) per month rent.   Per explanation (D0318), Borrower rents from in-laws. Improvements traded lieu of regularly scheduled rent payments.  8 [redacted] electronic transfers and or checks are in increments of $[redacted] paid[redacted] and 10[redacted] to[redacted]  3 of 3 Transfers do not reference payee.  4 checks are paid to borrower.  1 electronic debit is paid to another party.       Reviewer Comment (2021-08-08): Exception document received on [redacted].


Buyer Comment (2021-08-05): Uploaded exception for housing history
 08/08/2021     1 A   NC Primary Purchase   C B C A B B A A Non QM Non QM No
215686425 XXXX XXXX 100513   22390594     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ Missing third party verification verifying Borrower's employment on a contract basis.  Income used to qualify determined using 2 sets of 24 months personal bank statements under A10 - Bank Statement program       Reviewer Comment (2021-08-12): Cleared


Buyer Comment (2021-08-06): The CPA confirm that the borrower has been in business for 2 required per our guidelines the actual business start date in not part of the 2 year verification requirement/process.  please clear. or escalate the exception


Reviewer Comment (2021-07-22): CPA Letter does not confirm actual business start date.


Buyer Comment (2021-07-15): CPA letter
 08/12/2021     1 A   NC Primary Purchase   C B C A B B A A Non QM Non QM No
215686426 XXXX XXXX 100555   22390603     Credit Asset Asset Documentation Asset Earnest Money Deposit is unsourced.  Per guidelines EMD source is required.   Missing copy of $[redacted] Earnest Money Deposit amount (per Contract and CD), source verification and escrow's deposit receipt.       Reviewer Comment (2021-08-05): Cleared


Buyer Comment (2021-07-28): I just received the wire and the combined settlement statement form Lawyers Title.  She states in her email that $[redacted] was received from a title company the buyers had a previous escrow opened that cancelled.


Reviewer Comment (2021-07-27): Final CD reflects EMD in the amount of $[redacted]. $[redacted] of EMD sourced please provide additional documentation for $[redacted] in EMD.


Buyer Comment (2021-07-20): I have uploaded for your review a copy of the borrower's wire transfer to the title company and the borrower's [redacted]  [redacted] checking account statement showing the withdrawal of the $[redacted] on [redacted]  for your review.
 08/05/2021     1 A   AZ Primary Purchase   C A C A A A A A Non QM Non QM No
215686426 XXXX XXXX 100555   22390604     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing verification 2 years continuance self-employment, proof of ownership in AMP Security, LLC and YTD P&L.  Per 1008 Loan Transmittal, 1099 income calculation method was used to determine $24,742.93 monthly income used to qualify under A10 Select Bank Statements or 1099 program.  Also need evidence of regular ongoing compensation.       Reviewer Comment (2021-07-20): Cleared


Buyer Comment (2021-07-12): Approval calls for 1 year, [redacted], and I have uploaded the [redacted] transcripts, Letter of Employment and [redacted] 1099's for your review.
 07/20/2021     1 A   AZ Primary Purchase   C A C A A A A A Non QM Non QM No
215686426 XXXX XXXX 100555   22390605     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   Preliminary reflects a $[redacted]0.00 proposed title policy amount.  Missing amended title report or supplement indicating a minimum $[redacted] proposed amount is not in file.       Reviewer Comment (2021-07-27): Cleared


Buyer Comment (2021-07-26): The title report with the correct loan amount is attached for your review.
 07/27/2021     1 A   AZ Primary Purchase   C A C A A A A A Non QM Non QM No
215686426 XXXX XXXX 100555   22390606     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2021-07-27): Cleared
 07/27/2021     1 A   AZ Primary Purchase   C A C A A A A A Non QM Non QM No
215686426 XXXX XXXX 100555   22390608     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for Credit Report Fee tolerance       Reviewer Comment (2021-07-08): Sufficient Cure Provided At Closing
   07/08/2021   1 A   AZ Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM No
215686426 XXXX XXXX 100555   22390609     Credit Credit Miscellaneous Guideline Credit Exception:   No verified housing history.  Borrower lives rent free 1 year 2 months preceding Note date. Borrowers without mortgage or rental housing history including borrowers living rent free are not eligible but will be considered on an exception basis.       Reviewer Comment (2021-08-09): Cleared


Buyer Comment (2021-08-09): I have received an email from the borrower's landlady, [redacted] , who sent documentation of the borrower's $[redacted] a month rent going into her account [redacted]month for review.  She added comments for review after the history.  There was no written agreement, just a verbal agreement between she and the borrower.


Reviewer Comment (2021-08-07): No document received. Rental agreement was verbal for the $[redacted] month


Buyer Comment (2021-08-05): No, the rental agreement is verbal for the $[redacted] month.  We have tried reaching out to XXXX and no response.


Reviewer Comment (2021-08-05): is there a lease agreement to verify that these payments are for rent?


Buyer Comment (2021-08-02): I have uploaded 14 months [redacted] bank statements, acct ending in [redacted] , to verify the borrower's monthly withdrawal of $[redacted] month payable to [redacted] .  The Drive Report verifies she is the owner of [redacted]
 08/09/2021     1 A   AZ Primary Purchase   C A C A A A A A Non QM Non QM No
215686427 XXXX XXXX 100570   22390598     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Calculated PITI months reserves of [redacted], are less than Guideline PITI months reserves of 6.       Reviewer Comment (2021-07-20): Cleared


Buyer Comment (2021-07-16): For cash out refinances, Borrower must have the first 3 months PITIA reserves of their own eligible funds, not including the cash out proceeds available to the Borrower, then the loan proceeds disbursed to the Borrower may be used to meet the remaining reserve requirements.


Buyer Comment (2021-07-13): Please review attached exception request approval
 07/20/2021     1 A   FL Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
215686427 XXXX XXXX 100570   22390599     Credit Credit Miscellaneous Guideline Credit Exception:   Evidence borrower receives regular ongoing compensation with documentation that reflects the compensation term and YTD data has not been received. The representative FICO score exceeds the guideline minimum by at least 40 points.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 DTI is [redacted]% below guideline maximum Owner

Owner,Originator		 Reviewer Comment (2021-08-05): Lender granted an exception


Buyer Comment (2021-08-04): Please review attached credit exception approval.


Reviewer Comment (2021-07-30): Unable to clear the exception as documentation that reflects the compensation term and YTD data has not been received. Exception Remains
     08/05/2021 2 B   FL Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
215686427 XXXX XXXX 100570   22390600     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - 1099 transcripts were not provided. The representative FICO score exceeds the guideline minimum by at least 40 points.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 DTI is [redacted]% below guideline maximum Owner

Owner,Originator		 Reviewer Comment (2021-08-05): Lender granted an exception


Reviewer Comment (2021-08-05): cleared in error - re-opening so it can be waived based on exception


Reviewer Comment (2021-08-02): CPA letter received.


Buyer Comment (2021-07-30): Please review attached CPA Letter.


Reviewer Comment (2021-07-30): CPA letter/1099 transcripts are not provided. Exception Remains


Buyer Comment (2021-07-27): Please review attached CPA Letter


Buyer Comment (2021-07-27): Reviewed [redacted] sales guidelines [redacted]), Section 14.1.3 IRS Tax Transcripts: For loan programs SP A10 - Select Bank Statement or 1099 or SP A14 - Select Bank Statement or 1099 - High Balance [redacted] requires the Lender, when 1099 Tax Form Method is used to determine the qualifying income, to process the executed 4506-C and obtain 1099 transcripts for that tax year.


Reviewer Comment (2021-07-20): Revision to comment. Per guides, Sec 6.3, acceptable documentation to verify length of self-employment and percentage ownership of businesses is required and was not provided.


Buyer Comment (2021-07-16): Please review attached section of [redacted] Sales Guidelines [redacted]) which does not specify or indicate tax transcripts are required.
     08/05/2021 2 B   FL Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
215686427 XXXX XXXX 100570   22390601     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-19): Sufficient Cure Provided At Closing
   07/19/2021   1 A   FL Primary Refinance - Cash-out - Other Final CD evidences Cure C B C B A A A A Non QM Non QM No
215686427 XXXX XXXX 100570   22390602     Credit Guideline Guideline Issue Guideline PITIA months reserves is less than 3 months and below guideline minimum requirements.   Borrowers own available assets for reserves is less than 3 months as required by guides for cash out refinance. The qualifying DTI on the loan is at least 10% less than the guideline maximum. DTI is [redacted]% below guideline maximum Owner,Originator Reviewer Comment (2021-07-20): Lender approved exception with comp factors in file.
     07/20/2021 2 B   FL Primary Refinance - Cash-out - Other   C B C B A A A A Non QM Non QM No
215686428 XXXX XXXX 100460   22390579     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Missing third party verification and cancelled checks to support housing history for subject property       Reviewer Comment (2021-07-27): Statements provided to verify payments on subject and primary shown on credit report.
 07/27/2021     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
215686428 XXXX XXXX 100460   22390581     Credit Credit Miscellaneous Guideline Credit Exception:   Appraiser Certification of Non Influence not provided.       Reviewer Comment (2021-07-27): Appraisal D 259 reflects the Non Influence stmt
 07/27/2021     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
215686428 XXXX XXXX 100460   22390584     Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Missing Final CD, HUD-1 or Settlement Statement from closing       Reviewer Comment (2021-07-27): D260 rec'd
 07/27/2021     1 A   CA Investment Refinance - Cash-out - Other   D A D A     A A     No
215686429 XXXX XXXX 100653   22390610     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is missing secondary valuation product required for securitization.           Reviewer Comment (2021-07-20): Received Clear Capital CDA date [redacted]. Exception cleared.


Buyer Comment (2021-07-19): Uploaded the CDA from Clear Capital


Reviewer Comment (2021-07-19): Per GL : For a Loan to be eligible for sale to [redacted] under any loan program other than SP I12 - Inve$[redacted] Mixed Use, the appraisal of the Subject Property must be reviewed through either a collateral desktop review ("CDA") from Clear Capital, or an Appraisal Risk Review ("ARR") from Pro Teck. Lenders must order the review, which must be received by [redacted] directly from Clear Capital or Pro Teck,


Buyer Comment (2021-07-12): CU less is than 2.5. Secondary valuation not required.
 07/20/2021     1 A   CA Primary Purchase   C A A A C A C A Non QM Non QM No
215686429 XXXX XXXX 100653   22390611     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. The only CDs in the loan file are dated[redacted]  which was just one day prior to closing.       Reviewer Comment (2021-08-12): CD and Disclosure Tracking received.


Buyer Comment (2021-08-06): Disclosure tracking showing CD received 06/24.


Buyer Comment (2021-08-04): Uploaded 06/24 Closing Disclosure


Reviewer Comment (2021-08-02): [redacted] CD is not currently present in file or trailing documents.  Please re-upload for testing.


Buyer Comment (2021-07-15): Uploaded CD dated [redacted] and eConsent disclosure.
 08/12/2021     1 A   CA Primary Purchase No Defined Cure C A A A C A C A Non QM Non QM No
215686430 XXXX XXXX 100479   22390614     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing Third party verification to verify start date for the business XXXX.       Reviewer Comment (2021-07-29): Please ignore pervious comment and consider below one, thanks.
As Per the business search provided on[redacted], XXXX started at [redacted] and 2 years of self employment history verified. Hence, exception cleared.


Reviewer Comment (2021-07-29): As per the business search provided on[redacted], XXXX started at [redacted] and 2 years self employment history verified. Hence, exception cleared.


Buyer Comment (2021-07-29): For  A10 - we must document that at least one Borrower has been continuously self-employed for two years, and (ii) each Borrower whose self-employment income is used to qualify for the Loan has been continuously self-employed for two years. Per the third-party verification, the borrower has been self-employed for two years. This is further backed up by the business search that reflects XXXX, Inc was incorporated on [redacted]


Reviewer Comment (2021-07-28): Missing evidence of actual start date. CPA Letter does not provide a start date, business entity listing not provided.


Buyer Comment (2021-07-21): XXXX confirmation in business since [redacted]


Reviewer Comment (2021-07-20): CPA Letter reflects ownership percentage however does not reflect an actual start date for XXXX.
 07/29/2021     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215686430 XXXX XXXX 100479   22390615     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2021-07-20): Cleared
 07/20/2021     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215686430 XXXX XXXX 100479   22390616     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. 0% tolerance exceeded by $[redacted] due to Appraisal Fee increase. No Valid Changed Circumstance provided, there was evidence of a cure for $[redacted] in file.       Reviewer Comment (2021-07-08): Sufficient Cure Provided At Closing
   07/08/2021   1 A   CA Primary Refinance - Rate/Term Final CD evidences Cure C A C A A A A A Non QM Non QM No
215686430 XXXX XXXX 100479   22390617     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - Provide evidence the $1,400 counter deposits are rental income. Guidelines require verification of 3 months receipt of rental income. Counter deposits are inconclusive. Provide original executed lease contract. Document provided is not signed.       Reviewer Comment (2021-08-09): Provide original executed lease contract, Exception Remains


Buyer Comment (2021-08-09): Post-closing documents are acceptable on A10 loans. Borrower provided LOE correcting the rental property address and copies of checks showing rental income.


Reviewer Comment (2021-08-08): LOE provided is showing future date [redacted]


Buyer Comment (2021-08-06): The borrower recently increased the rent from $[redacted] to $[redacted]. [redacted] and [redacted] bank statements were previously provided showing counter deposit. Copies of [redacted], [redacted], and [redacted] rent payments uploaded.


Reviewer Comment (2021-07-28): Borrower LOE reflects address as Borrowers primary residence as rental address.


Buyer Comment (2021-07-21): Letter of explanation along with three months of bank statements showing receipt of rent have been provided as evidence of rental income.


Buyer Comment (2021-07-21): Uploaded Letter of explanation from borrower. Currently on a month to month lease.


Reviewer Comment (2021-07-20): Unable to verify counter credit is rent as deposit not specified other than counter credit. Lease agreement provided expired [redacted] and is not executed additionally there is no indication of renewal.


Buyer Comment (2021-07-13): APH Bank statements showing $[redacted] deposits
 08/09/2021     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215686430 XXXX XXXX 100479   22390618     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.           Reviewer Comment (2021-07-20): Cleared
 07/20/2021     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215686431 XXXX XXXX 100473   22390625     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided             07/21/2021     1 A   PA Primary Purchase   C B C A C B A A Non QM Non QM No
215686431 XXXX XXXX 100473   22390627     Credit Guideline Guideline Issue Guideline Aged document: Asset Account date is more than 90 days prior to Closing. -           08/07/2021     1 A   PA Primary Purchase   C B C A C B A A Non QM Non QM No
215686431 XXXX XXXX 100473   22390630     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 1,250.00 on Final Closing Disclosure provided on [redacted] not accurate.           08/10/2021     1 A   PA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM No
215686431 XXXX XXXX 100473   22390632     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Processing Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower.             07/15/2021   2 B   PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM No
215686431 XXXX XXXX 100473   22390633     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA/Condo Questionnaire.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower.             07/15/2021   2 B   PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM No
215686431 XXXX XXXX 100473   22390634     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA dues.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower.             07/28/2021   2 B   PA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM No
215686432 XXXX XXXX 100654   22390636     Credit Credit Credit Eligibility Guideline There are red flags on the fraud report that have not been addressed - Red Flag Alerts have not been addressed.       Reviewer Comment (2021-08-12): Cleared


Buyer Comment (2021-08-08): See uploaded Fraud Report.


Reviewer Comment (2021-08-07): Kindly provide complete Fraud report


Buyer Comment (2021-08-05): The Drive Report shows no fraud alert for the borrower's name. Customer Driver's License & SS# match Drive Report  Please clear this finding.


Reviewer Comment (2021-08-05): Credit Report reflects Alert for OFAC Name Matching


Buyer Comment (2021-07-27): Auto Refer is permitted on Non-QM loans. Please see submitted page 7 of the credit report showing Passed designation on items and No additional alerts found.
Please clear finding.
 08/12/2021     1 A   NJ Primary Purchase   C A C A A A A A Non QM Non QM No
215686432 XXXX XXXX 100654   22390638     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-09): Sufficient Cure Provided At Closing
   07/09/2021   1 A   NJ Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM No
215686432 XXXX XXXX 100654   22390639     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Missing 2 months continuous asset verification required, dated within 90 days of the Note date. 06/27/2021 provided. Please provide 05/2021 statement.       Reviewer Comment (2021-08-05): Cleared


Buyer Comment (2021-07-27): See uploaded statement  for #7472.
 08/05/2021     1 A   NJ Primary Purchase   C A C A A A A A Non QM Non QM No
215686433 XXXX XXXX 100481   22390640     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - Missing mortgage statement or proof borrower that is not liable for the $2600.50 mortgage payment shown on Final 1003.       Reviewer Comment (2021-07-20): Received Final CD for Address: [redacted] showing Borrowers spouse  owns of the property and not the borrowers , Final CD is signed and dated by borrowers spouse. (D0417) Exception cleared


Buyer Comment (2021-07-15): Uploaded the property profile report and 1003 to show no ownership at  [redacted]


Buyer Comment (2021-07-14): No mortgage liability on the credit report
 07/20/2021     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215686433 XXXX XXXX 100481   22390641     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Missing Approval used to qualify for the SP J10 program.       Reviewer Comment (2021-07-20): Approval document received , exception cleared


Buyer Comment (2021-07-14): Loan approval uploaded
 07/20/2021     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215686433 XXXX XXXX 100481   22390643     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Final 1003 indicates there is Mortgage payment of $[redacted] for property located at [redacted]., provide documentation for verification that mortgage liability is not the borrower's or an updated Final 1003.       Reviewer Comment (2021-08-11): cleared


Buyer Comment (2021-08-05): Uploaded exception approval


Reviewer Comment (2021-07-21): Yes, this is waterfall based on DTI issue. REO docs needed, but added as separate exception.


Buyer Comment (2021-07-14): Is this a water fall condition?
 08/11/2021     1 A   GA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM No
215686433 XXXX XXXX 100481   22390644     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% significantly exceeds the guideline maximum of [redacted]%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) Final 1003 indicates there is Mortgage payment of $[redacted] for property located at [redacted]., provide documentation for verification that mortgage liability is not the borrower's or an updated Final 1003.       Reviewer Comment (2021-08-11): Exception made for DTI


Reviewer Comment (2021-07-21): Please provide evidence the property is free and clear or responsibility of another. Tax bill for the property required.


Buyer Comment (2021-07-14): Uploaded credit report which shows no mortgage liability.
 08/11/2021     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215686433 XXXX XXXX 100481   22390645     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Loan Discount Points Fee increase. No Valid Changed Circumstance provided, and the cure on the Final CD was not sufficient to cure all tolerance issues.       Reviewer Comment (2021-07-15): [redacted] received valid COC for increased in loan discount


Buyer Comment (2021-07-14): Change in loan amt on [redacted]. eDisclosure sent on[redacted].


Buyer Comment (2021-07-14): Change in loan amt on [redacted]. eDisclosure sent on [redacted].
 07/15/2021     1 A   GA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM No
215686433 XXXX XXXX 100481   22390646     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Final 1003 indicates there is Mortgage payment of $[redacted] for property located at [redacted]., provide documentation for verification that mortgage liability is not the borrower's or an updated Final 1003. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted]. Lender comp factor Owner,Originator Reviewer Comment (2021-08-11): Lender granted an exception


Reviewer Comment (2021-08-11): cleared in error - should have been waived as exception was done to cover dti issue


Reviewer Comment (2021-07-28): received the loe stating that the property belongs to spouse not the borrower & cd(D417),tax certificate is showing the same address.


Buyer Comment (2021-07-27): Final CD was provided for this property that belongs to the borrower spouse.  Please remove this exception.  The previous exception related to thisproperty has already been cleared by [redacted]upon receipt of the final CD for this property [redacted]


Reviewer Comment (2021-07-21): Please provide evidence the property is free and clear or responsibility of another. Tax bill for the property required.


Buyer Comment (2021-07-14): Uploaded credit report which shows no mortgage liability.
     08/11/2021 2 B   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215686433 XXXX XXXX 100481   22390647     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Final 1003 indicates there is Mortgage payment of $[redacted] for property located at [redacted]., provide documentation for verification that mortgage liability is not the borrower's or an updated Final 1003.       Reviewer Comment (2021-08-11): Exception made for DTI


Buyer Comment (2021-08-05): Uploaded DTI exception


Reviewer Comment (2021-07-21): Yes, this is waterfall based on DTI issue. REO docs needed, but added as separate exception.


Buyer Comment (2021-07-14): Is this a water fall condition?
 08/11/2021     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215686433 XXXX XXXX 100481   22390648     Credit Credit Miscellaneous Guideline Credit Exception:   Property has commercial space of [redacted]% vs program requirement that no more than [redacted]% may be used for commercial purpose.  A Lender Exception is in the file for this issue; however,  it indicates the DTI is [redacted] and the review calculation is [redacted]% due to what appears to be an additional mortgage held by the borrower for which there are separate exception. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted]. Lender comp factor Owner,Originator Reviewer Comment (2021-08-11): Lender granted an exception
     08/11/2021 2 B   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215686433 XXXX XXXX 100481   22390649     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - ___ Final 1003 indicates there is Mortgage payment of $2,660.50 for property located at XXXX, Jonesboro Ga. Provide documentation : 12 months mortgage statement or pay history print out, hazard, taxes, HOA statement.       Reviewer Comment (2021-07-28): as per the above comment.cleared


Buyer Comment (2021-07-27): Please remove this exception.  See DOC ID 0417, CD for this property which belongs to the borrower's spouse, sole and separate and should not be impacting this transaction.
 07/28/2021     1 A   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215686433 XXXX XXXX 100481   22390650     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) Please provide evidence the Emerald Dr property is free and clear or responsibility of another. Tax bill for the property required. Borrower has verified disposable income of at least $[redacted].

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].		 Lender comp factor Owner

Owner,Originator		 Reviewer Comment (2021-08-11): comp factors used to waive exception.


Reviewer Comment (2021-08-11): reopen


Reviewer Comment (2021-07-28): received the loe stating that that address is belongs to spouse not the borrower & CD(d0417),tax certificate is showing the same address.


Buyer Comment (2021-07-27): See DOC ID 0417 final CD for this property. It is not the borrower's property.
     08/11/2021 2 B   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215686433 XXXX XXXX 100481   22390651     Credit Credit Miscellaneous Guideline Credit Exception:   Please provide corrected 1003 and 1008 showing current employment/income, and employment for the last 2 years (from [redacted]-[redacted]). Current 1003 does not show 2 years employment as required by Appendix Q, or accurate income. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted]. Lender comp factor Owner,Originator Reviewer Comment (2021-08-11): Lender granted exception


Buyer Comment (2021-08-05): Uploaded exception approval
     08/11/2021 2 B   GA Primary Purchase   C B C B C B A A Non QM Non QM No
215686434 XXXX XXXX 100528   22390619     Credit Missing Document General Missing Document Missing Document: Source of Funds/Deposit not provided   Source of funds for both EMD Deposits not provided.       Reviewer Comment (2021-07-28): Source of funds for both EMD Deposits provided. Exception Cleared


Buyer Comment (2021-07-28): Uploaded EMD Receipts & Confirmations.


Reviewer Comment (2021-07-26): As per the LOX From Seller " Receipt Of EMD Is [redacted], ($[redacted] -$[redacted]  = EMD Source missing for $[redacted] ), Deposited Receipt Not Received, Exception Remains.


Buyer Comment (2021-07-22): Uploaded EMD & Source


Reviewer Comment (2021-07-22): Source of funds for both EMD Deposits not provided Hence Exception Remains


Buyer Comment (2021-07-16): Uploaded - Source of Funds & Exceptions.
 07/28/2021     1 A   FL Investment Purchase   C A C A     A A     No
215686434 XXXX XXXX 100528   22390621     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   VOM verified via credit report       Reviewer Comment (2021-07-26): Received Lender Exception Document.


Buyer Comment (2021-07-23): Previous doc Reference error.  See except #4 Duplicate


Buyer Comment (2021-07-23): This is a duplicate request.  See Exc # 5 - cleared from docs provided.


Buyer Comment (2021-07-23): Uploaded CXLD checks and CBR again


Buyer Comment (2021-07-19): Uploaded Lender Exception Approvals


Buyer Comment (2021-07-19): uploaded Cxld Checks provided & is on CBR
 07/26/2021     1 A   FL Investment Purchase   C A C A     A A     No
215686434 XXXX XXXX 100528   22390622     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Lender Exception(s) not provided   1008 reflects a Lender Exception was provided for 100% use of business funds as Borrower owns 51% of business per CPA Letter however was not in the file.       Reviewer Comment (2021-07-26): Received Lender Exception Document.


Buyer Comment (2021-07-22): Uploaded again.  Provided 07/14 with docs for Exc #2
 07/26/2021     1 A   FL Investment Purchase   C A C A     A A     No
215686434 XXXX XXXX 100528   22390623     Credit Credit Miscellaneous Guideline Credit Exception:   Appraiser Certification of Non Influence not provided.       Reviewer Comment (2021-08-05): Cleared


Buyer Comment (2021-08-02): Please review and clear.


Buyer Comment (2021-07-28): Please Clear - Non- Influence noted by Appraiser-See Page #3 Continuation of Certification: #26, #27, #28


Buyer Comment (2021-07-28): Uploaded Certification of Non Influence.


Reviewer Comment (2021-07-26): Approval Exception Document Does Not Include Comments Regarding " Appraiser Certification of Non Influence Not provided" Exception Remains


Buyer Comment (2021-07-23): Duplicate request


Buyer Comment (2021-07-19): Uploaded Exceptions Approval
 08/05/2021     1 A   FL Investment Purchase   C A C A     A A     No
215686434 XXXX XXXX 100528   22390624     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower owns 51% of business per CPA letter but lender is using 100% use of business funds.       Reviewer Comment (2021-07-22): As per Lender Exception document received and  exception Cleared.


Buyer Comment (2021-07-19): See already Uploaded Exceptions Approvals
 07/22/2021     1 A   FL Investment Purchase   C A C A     A A     No
215686435 XXXX XXXX 100575   22390655     Credit Credit Miscellaneous Guideline Credit Exception:   Due to the discrepancy in the CPA letters, borrower to provide additional third party documentation to validate his ownership percentage (IE: articles of incorporation, etc.)       Reviewer Comment (2021-08-04): cleared


Buyer Comment (2021-07-27): Please escalate review of exception as it is based on the UW's discretion to obtain additional documentation. Loan file includes CPA letter which addresses the correction of the previous letter provided. Per Appendix Q, a history of two years of self-employment has been verified, in addition to percentage of ownership.


Reviewer Comment (2021-07-27): Due to inconsistent information in the loan file and additional individuals listed as officers/directors of the company. Please provide evidence showing the borrower has all shares of the business issued stock.


Buyer Comment (2021-07-20): The CPA Letter provided Aiyara LLC  addressed the correction of the previous letter and provided the correct percentage of ownership. No other documentation is needed per guidelines and the letter is acceptable documentation to satisfy the requirement, per [redacted] Guidelines [redacted] ) Required tenure of self-employment: Lenders submitting a Loan to [redacted] for purchaseunder the A10 - Select Bank Statement or 1099 must document that (i) at least one Borrower has been continuously self-employed for two years, and (ii) each Borrower whose self-employment income is used to qualify for the Loan has been continuously self-employed for two years.
Required validation of the percentage ownership Borrowers hold in their businesses: Lenders must document whether Borrowers fully own their business, or if they are partial owners, the percentage the Borrowers own of their business (this applies to each business owned by each Borrower). It is the Underwriters discretion to based on the review of the loan file to request additional documentation that they feel is warranted. Loan file also includes Department of Secretary of State (CA) business is Active and has been incorporated since[redacted].
 08/04/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215686435 XXXX XXXX 100575   22390656     Credit Credit Miscellaneous Guideline Credit Exception:   Reviewer has seen the rental payment printout in the loan file; however, cancelled checks or bank statements are needed to evidence the borrower was the one making the monthly rental payments.       Reviewer Comment (2021-08-04): Cleared


Buyer Comment (2021-08-02): Pleaser review attached Lease Agreement


Reviewer Comment (2021-07-27): Guidelines require verification of the borrower's rental payments. Neither bank account provided reflects rent sourced from an account [redacted]by the borrower. There is no evidence the borrower was the payor of the rent. Based on Guidelines, "the lender must also obtain proof of the terms of the housing payment through a satisfactory alternative method." Please provide a signed lease reflecting all relative information, or a completed VOR.


Buyer Comment (2021-07-20): Per [redacted] Sales Guidelines [redacted] ),  5.6. Required Mortgage and Housing Payment History: Additionally, for the purchaseor refinance of a primary residence, second home or purchaseof an investment property only the borrower's current mortgage or rental debt obligation, disclosed on the Borrower's credit report or where [redacted] has obtained a Verification of Mortgage (VOM) or Verification of Rent (VOR) from an institutional third party, must be supported with cancelled checks, monthly bank statements, monthly mortgage statements and/or a transactional payment history directly from the servicer or their website for the last 12 months including but not limited to the month prior to the note date of the new loan transaction.
Loan file includes the transactional payment history from the servicer and also identifies the Borrower ("Logged In as : "). This is sufficient documentation to satisfy the requirement as this document is derived from the servicer's website.
 08/04/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215686436 XXXX XXXX 100493   22390662     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00  is less than amount of binding Lender Credit previously disclosed in the amount of $-844.00. Zero Percent Tolerance exceeded       Reviewer Comment (2021-08-06): [redacted] received changed circumstance.


Buyer Comment (2021-07-23): Uploaded COC please clear
 08/06/2021     1 A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM No
215686436 XXXX XXXX 100493   22390664     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Patriot Search.  Fee Amount of $80.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Tolerance exceeded       Reviewer Comment (2021-08-10): [redacted] has received corrected PCCD, copy of refund check, proof of mailing and LOE to borrower.


Buyer Comment (2021-08-09): Uploaded PCCD, LOE, Refund and Proof of Delivery.


Reviewer Comment (2021-07-23): [redacted] Received COC dated [redacted]and [redacted]; however, Patriot fee added on CD dated [redacted]without Valid COC. Provide Valid COC or provide Cure Docs.


Buyer Comment (2021-07-23): Uploaded COC's please clear
   08/10/2021   2 B   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM No
215686436 XXXX XXXX 100493   22390665     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Wire / Funding / Disbursement Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-08-10): [redacted] has received corrected PCCD, copy of refund check, proof of mailing and LOE to borrower.


Buyer Comment (2021-08-09): Uploaded PCCD, LOE, Refund and Proof of Delivery.


Reviewer Comment (2021-07-23): [redacted] Received COC dated [redacted]and [redacted]; however, Wire fee added on CD dated [redacted]without Valid COC. Provide Valid COC or provide Cure Docs.


Buyer Comment (2021-07-23): Uploaded COC please clear
   08/10/2021   2 B   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM No
215686437 XXXX XXXX 100563   22390657     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided   Not provided       Reviewer Comment (2021-07-26): Provided.


Buyer Comment (2021-07-23): The $[redacted] is for the borrowers primary residence. This is an investment property. The correct P&I payment for the loan is reflected on the 1008 on the top left section under Note Information


Reviewer Comment (2021-07-22): AS per 1008  P&I amount is updated  $[redacted] is not matching with Final 1003 and note amount  $[redacted]  hence exception remains
 07/26/2021     1 A   NJ Investment Purchase   C A C A A A A A N/A N/A No
215686437 XXXX XXXX 100563   22390658     Credit 1003 Missing Document 1003 Missing Lender's Initial 1003/Application.           Reviewer Comment (2021-07-26): Provided.


Reviewer Comment (2021-07-22): Initial 1003 is provided but not signed and dated hence Exception Remains
 07/26/2021     1 A   NJ Investment Purchase   C A C A A A A A N/A N/A No
215686438 XXXX XXXX 100655   22390666     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided   Compliance report not provided       Reviewer Comment (2021-07-23): Cleared
 07/23/2021     1 A   CT Primary Purchase   C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390667     Credit 1003 Missing Document 1003 Missing Lender's Initial 1003/Application.   Missing Lender's initial 1003       Reviewer Comment (2021-07-20): Received initial 1003. Exception cleared.
 07/20/2021     1 A   CT Primary Purchase   C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390668     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - Missing Property Insurance  and Tax information. Unable to accurately determine PITIA       Reviewer Comment (2021-07-23): Cleared


Reviewer Comment (2021-07-20): Insurance and Tax verification for the properties [redacted] , Address: [redacted] , Address: [redacted]  are still missing. Exception remains.
 07/23/2021     1 A   CT Primary Purchase   C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390669     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Due to the DTI issue, the review designation was determined to be ATR Risk       Reviewer Comment (2021-08-05): System cleared.
 08/05/2021     1 A   CT Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390670     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) The DTI calculated of [redacted]38% exceeds guideline maximum of 5[redacted]% The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower has worked in the same position for more than 3 years.

Borrower has verified disposable income of at least $[redacted].

Borrower has been employed in the same industry for more than 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 DTI exception max [redacted]% Owner

Owner

Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-05): Comp Factors to regrade and waive with Lender Exception.


Reviewer Comment (2021-07-23): Due to updated documentation provided for REO DTI is now [redacted]%.


Buyer Comment (2021-07-21): Uploaded exception
     08/05/2021 2 B   CT Primary Purchase   C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390671     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower. List of Homeownership Counseling Organizations not provided to the borrower       Reviewer Comment (2021-07-23): Cleared
 07/23/2021     1 A   CT Primary Purchase   C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390672     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to borrower at least 3 business days prior to closing       Reviewer Comment (2021-07-26): Earlier dated CD provided.
 07/26/2021     1 A   CT Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390674     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Ten percent fee tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted]. NO cure was provided to the borrower       Reviewer Comment (2021-07-26): Check, LOX, corrected CD and evidence of delivery provided.


Buyer Comment (2021-07-19): Please advise which fees increased
   07/26/2021   2 B   CT Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390675     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Loan Discount points fee amount of $[redacted] exceeds tolerance of $0.00. No cure was provided to the borrower       Reviewer Comment (2021-07-26): valid COC provided.
 07/26/2021     1 A   CT Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390676     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Calculated investor qualifying total debt ratio of [redacted]% exceeds Guideline total debt ratio of [redacted]00%. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower has worked in the same position for more than 3 years.

Borrower has verified disposable income of at least $[redacted].

Borrower has been employed in the same industry for more than 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 DTI exception max [redacted]% Owner

Owner

Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-05): Comp Factors to regrade and waive with Lender Exception.


Reviewer Comment (2021-07-23): Due to updated documentation provided for REO DTI is now [redacted]%
     08/05/2021 2 B   CT Primary Purchase   C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390677     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on DTI exceeding guideline maximum [redacted]% the loan is at ATR risk       Reviewer Comment (2021-08-05): Conditions waived with Lender Expt. System cleared.


Reviewer Comment (2021-07-23): Due to updated documentation provided for REO DTI is now [redacted]%


Buyer Comment (2021-07-21): uploaded exception
 08/05/2021     1 A   CT Primary Purchase   C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390678     Credit Guideline Guideline Issue Guideline DTI Exceeds Guidelines. DTI: ___ Debt to Income ratio of [redacted]% exceeds guideline maximum [redacted]% The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower has worked in the same position for more than 3 years.

Borrower has verified disposable income of at least $[redacted].

Borrower has been employed in the same industry for more than 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 DTI exception max [redacted]% Owner

Owner

Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-05): Comp Factors to regrade and waive with Lender Exception.


Reviewer Comment (2021-07-26): Exception indicates DTI up to [redacted]%.  Due to documentation provided after the initial review, the DTI ratio is now [redacted]%.  Updated exception needed.


Reviewer Comment (2021-07-23): Due to updated documentation provided for REO DTI is now [redacted]%


Buyer Comment (2021-07-21): uploaded exception
     08/05/2021 2 B   CT Primary Purchase   C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390679     Compliance Compliance Federal Compliance Missing Application Date Missing Initial Loan Application Test No evidence of application date located in file.  Compliance tests were run using an application date of [redacted] which is 1 months prior to consummation. A lookback was performed to determine this application date.         Reviewer Comment (2021-07-23): Cleared
 07/23/2021     1 A   CT Primary Purchase   C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390680     Compliance Compliance Federal Compliance TILA NMLS - Missing Evidence of Initial Loan Application Date Truth in Lending Act (NMLSR Dodd- Frank 2014): Unable to determine compliance with NMLSR timing requirements due to missing evidence of initial loan application date.         Reviewer Comment (2021-07-23): Cleared
 07/23/2021     1 A   CT Primary Purchase   C B C B C B A A Non QM Non QM No
215686438 XXXX XXXX 100655   22390681     Credit Credit Miscellaneous Guideline Credit Exception:   Loan file is missing the cancelled checks  for 4 of the gifts (amounts of $[redacted], $[redacted], $[redacted] and $[redacted]).       Reviewer Comment (2021-07-28): Excluded the $[redacted] gift.


Buyer Comment (2021-07-27): They didn't use the $[redacted]k, they provided the attached $[redacted]k instead.


Reviewer Comment (2021-07-26): Still missing canceled check for the $[redacted] gift.


Reviewer Comment (2021-07-23): No documentation provided - Condition remains
 07/28/2021     1 A   CT Primary Purchase   C B C B C B A A Non QM Non QM No
215686439 XXXX XXXX 100524   22390682     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided   Compliance Report not provided       Reviewer Comment (2021-08-11): Cleared


Buyer Comment (2021-08-11): Uploaded MAVENT


Reviewer Comment (2021-08-10): Waived in error.


Buyer Comment (2021-07-19): [redacted] has elected to waive this condition.


Buyer Comment (2021-07-19): Uploaded Mavent
 08/11/2021     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
215686439 XXXX XXXX 100524   22390684     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___ Loans with an application date after [redacted] using a LIBOR index are not Agency Salable       Buyer Comment (2021-07-19): [redacted] has elected to waive this condition.


Buyer Comment (2021-07-19): Ignore WAIVE - note in wrong exception
     07/19/2021 2 B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
215686439 XXXX XXXX 100524   22390685     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Twelve month VOR was not provided       Reviewer Comment (2021-07-27): Provided. Clear.


Buyer Comment (2021-07-19): Uploaded Rent payments verification & LOE
 07/27/2021     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
215686440 XXXX XXXX 100656   22390690     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2021-07-27): Cleared
 07/27/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215686440 XXXX XXXX 100656   22390691     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   VOR missing       Reviewer Comment (2021-08-12): Clear. Bank statements show Rent payment history


Buyer Comment (2021-08-06): borrower lease agreement, LOE for different amount of payments, and bank statements are showing payments to [redacted]. Please review and advise, thanks.


Reviewer Comment (2021-08-02): Yes, We can consider but there we also need payment receipt. Exception Remains.


Buyer Comment (2021-07-29): borrower lease agreement


Reviewer Comment (2021-07-27): Please provide 3rd party verification of landlord. Lease or other 3rd party verification


Buyer Comment (2021-07-20): BORROWER PAYMENTS TO [redacted]  AND LOE - ADDED FOR YOUR REVIEW
 08/12/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215686440 XXXX XXXX 100656   22390693     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-08-03): cleared


Buyer Comment (2021-07-29): can you advise which page of the compliance report is showing the 2 appraisal fees? I've searched and can't find it.


Reviewer Comment (2021-07-27): Please provide Mavent reflecting only one appraisal fee was charged in transaction


Buyer Comment (2021-07-23): this state specific fail is allowed, this is loan doesn't reflect that there are 2 appraisal fees, and that is what the fail details say. Please advise.


Reviewer Comment (2021-07-21): Provided compliance report status shows fail , Exception remains.


Buyer Comment (2021-07-20): COMPLIANCE REPORT ADDED
 08/03/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215686440 XXXX XXXX 100656   22390694     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. CPA letter missing       Reviewer Comment (2021-07-26): Received CPA letter dated [redacted]. Exception Cleared


Buyer Comment (2021-07-20): CPA LETTER ADDED
 07/26/2021     1 A   CA Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM No
215686440 XXXX XXXX 100656   22390695     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. CPA letter missing       Reviewer Comment (2021-07-26): Received CPA letter dated [redacted]. Exception Cleared


Buyer Comment (2021-07-20): CPA LETTER ADDED
 07/26/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215686440 XXXX XXXX 100656   22390696     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. CPA letter missing       Reviewer Comment (2021-08-03): Cleared
 08/03/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215686440 XXXX XXXX 100656   22390699     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Ten Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-22): [redacted] Fees are within tolerance limit


Buyer Comment (2021-07-21): the fees charged were within tolerance.


Buyer Comment (2021-07-21): see final hud and pccd
 07/22/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM No
215686440 XXXX XXXX 100656   22390700     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - CPA Letter missing       Reviewer Comment (2021-07-26): Received CPA letter dated [redacted]. Exception Cleared


Buyer Comment (2021-07-20): RAHBARI CPA
 07/26/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215686440 XXXX XXXX 100656   22390701     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transaction Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing valid COC or sufficient cure       Reviewer Comment (2021-07-22): [redacted] Received Final SS and PCCD with fee.


Buyer Comment (2021-07-21): review of funding worksheet, the transaction fee was not charged. see final settlement statement.
 07/22/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM No
215686440 XXXX XXXX 100656   22390702     Credit Title Document Error Title There is no dollar amount noted on the title policy.           Reviewer Comment (2021-07-27): Cleared


Buyer Comment (2021-07-27): see title policy
 07/27/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215686440 XXXX XXXX 100656   22390703     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___         Reviewer Comment (2021-08-03): Cleared


Buyer Comment (2021-07-28): Please see corrected LOE which has been provided to the borrower.


Reviewer Comment (2021-07-27): Letter to consumer addresses title and recording fees. Fee in question was transaction fee paid to BD.


Buyer Comment (2021-07-21): see pccd
 08/03/2021     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM No
215686441 XXXX XXXX 100541   22390705     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.           Reviewer Comment (2021-07-26): CD provided to verify primary residence was refinanced in [redacted], and the mortgage reported on the credit report for 44 months, 0x30.  No new payment due on new loan until after loan closed.
 07/26/2021     1 A   NJ Investment Purchase   C A C A     A A     No
215686442 XXXX XXXX 100510   22390707     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Business Purpose Certificate not provided           Reviewer Comment (2021-07-22): Document received hence condition cleared
 07/22/2021     1 A   NJ Investment Refinance - Rate/Term   D D D B     D D     No
215686442 XXXX XXXX 100510   22390708     Credit Insurance Insurance Analysis Insurance Hazard Insurance Policy expires within 90 days of the Note Date.           Reviewer Comment (2021-07-26): Cleared
 07/26/2021     1 A   NJ Investment Refinance - Rate/Term   D D D B     D D     No
215686442 XXXX XXXX 100510   22390710     Credit Guideline Guideline Issue Guideline Hazard Insurance Policy expires within 60 days of the Note Date or is already expired.           Reviewer Comment (2021-07-26): Cleared
 07/26/2021     1 A   NJ Investment Refinance - Rate/Term   D D D B     D D     No
215686442 XXXX XXXX 100510   22390712     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: 2 Note Date:  ___; Lien Position: ___         Reviewer Comment (2021-08-19): Mixed-Use property


Reviewer Comment (2021-08-19): missing secondary


Reviewer Comment (2021-07-22): As per Credit Policy Memo 2021-33 For Loan Program SP I12-Inve$[redacted] Mixed Use, a CDA or ARR is not required.  hence condition cleared


Buyer Comment (2021-07-19): this is an I12 loan. only 1 appraisal required. Loan amount is under the required limit that requires a second valuation.Also, I12 loans do not required CDA.
     08/19/2021 3 D   NJ Investment Refinance - Rate/Term   D D D B     D D     No
215686442 XXXX XXXX 100510   22390713     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Occupancy discrepancy. Property occupancy of ___ does not match Guideline property occupancy of ___. Appraisal reflects subject property as owner occupied however there are leases provided for both units. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 Reserves are [redacted] months above program minimum Owner

Owner,Originator		 Reviewer Comment (2021-07-14): Lender approved exception with comp factors.
     07/14/2021 2 B   NJ Investment Refinance - Rate/Term   D D D B     D D     No
215686442 XXXX XXXX 100510   22390714     Credit Loan Package Documentation Closing / Title Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1   Final HUD-1 / Closing Statement executed by all parties not provided.       Reviewer Comment (2021-07-22): Received Final CD executed by all parties hence condition cleared.
 07/22/2021     1 A   NJ Investment Refinance - Rate/Term   D D D B     D D     No
215686442 XXXX XXXX 100510   22390715     Credit Credit Miscellaneous Guideline Credit Exception:   Monthly mortgage payments need to be documented for the last 12 months including but not limited to the month prior to Note date The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 Reserves are [redacted] months above program minimum Owner

Owner,Originator		 Reviewer Comment (2021-07-14): Lender exception with comp factors
     07/14/2021 2 B   NJ Investment Refinance - Rate/Term   D D D B     D D     No
215686443 XXXX XXXX 100657   22390718     Credit 1003 Missing Document 1003 Missing Lender's Initial 1003/Application.   Missing Initial Application used to Originate the loan on [redacted].       Reviewer Comment (2021-07-22): Document received and Associated


Buyer Comment (2021-07-20): Initial App for review
 07/22/2021     1 A   FL Investment Purchase   C A C A A A A A N/A N/A No
215686443 XXXX XXXX 100657   22390719     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___ Missing 30 days consecutive Paystubs for the borrowers income with XXXX of Florida.       Reviewer Comment (2021-07-30): Cleared


Buyer Comment (2021-07-29): Paystubs are not required when WVOE is provided however here they are


Reviewer Comment (2021-07-29): Please provide 30 days consecutive paystub for Borrower as per guidelines requirement, Exception Remains.


Reviewer Comment (2021-07-28): Guidelines require a paystub.


Buyer Comment (2021-07-26): Written Verification of Employment is acceptable per FNMA guides


Reviewer Comment (2021-07-26): We need 30 days consecutive Paystubs for the borrowers income with Enterprise Leasing Company of Florida, exception remains


Buyer Comment (2021-07-20): Written WVOE for review
 07/30/2021     1 A   FL Investment Purchase   C A C A A A A A N/A N/A No
215686443 XXXX XXXX 100657   22390720     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Missing 2 consecutive Months Bank Statements for the JP Morgan Chase Bank N.A. bank account ending in 4209, to verify assets. Only 1 month was provided.       Reviewer Comment (2021-07-22): Bank Statement received and Associated.


Buyer Comment (2021-07-20): [redacted] 2 months for review
 07/22/2021     1 A   FL Investment Purchase   C A C A A A A A N/A N/A No
215686443 XXXX XXXX 100657   22390721     Credit Missing Document General Missing Document Missing Document: Source of Funds/Deposit not provided   Missing Earnest Money Deposit Source information, Please provide Bank account statement for the Earnest Money deposit amount of $[redacted].       Reviewer Comment (2021-07-26): Received bank statement and escrow letter for EMD, exception cleared.


Buyer Comment (2021-07-20): EMD for review
 07/26/2021     1 A   FL Investment Purchase   C A C A A A A A N/A N/A No
215686444 XXXX XXXX 100577   22390723     Credit Missing Document General Missing Document Missing Document: Desk Review not provided   Desk review not provided       Reviewer Comment (2021-08-11): Received CDA on [redacted]. Exception clear.


Buyer Comment (2021-08-10): Uploaded CDA. Please clear.
 08/11/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215686444 XXXX XXXX 100577   22390724     Credit Insurance Insurance Analysis Insurance The Hazard Insurance Policy effective date is after the Transaction Date.   The Hazard insurance policy effective date of 8[redacted] is after the transaction date of[redacted]       Reviewer Comment (2021-07-30): Received paid invoice reflecting different effective date and it was prior to transaction date.


Buyer Comment (2021-07-23): Uploaded HOI reflecting policy period from[redacted] to[redacted]. Please clear
 07/30/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215686444 XXXX XXXX 100577   22390727     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Second appraisal amount of $[redacted] exceeds tolerance of $0.00. Sufficient cure was provided to the borrower       Reviewer Comment (2021-07-19): Sufficient Cure Provided At Closing
   07/19/2021   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM No
215686445 XXXX XXXX 100470   22390729     Credit Missing Document General Missing Document Missing Document: Official Check not provided   Missing copy of $[redacted] Wire transfer from Borrower to settlement agent to confirm $[redacted] wire out on[redacted]  from [redacted], N.A. #[redacted]0 and EMD are on and the same       Reviewer Comment (2021-07-28): cleared


Buyer Comment (2021-07-27): Citi Bank Statement and Attorney Letter for review
 07/28/2021     1 A   FL Primary Purchase   C A C A B A A A Non QM Non QM No
215686445 XXXX XXXX 100470   22390730     Credit 1003 Missing Document 1003 Missing Lender's Initial 1003/Application.           Reviewer Comment (2021-07-23): Initial 1003 Application uploaded exception cleared


Buyer Comment (2021-07-22): Initial Application
 07/23/2021     1 A   FL Primary Purchase   C A C A B A A A Non QM Non QM No
215686445 XXXX XXXX 100470   22390733     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-28): Cleared


Buyer Comment (2021-07-27): Compliance Report.. [redacted] approves the Lender to use their own Compliance engine in lieu of Mavent or ComplianceEase. The Correspondents system auto test for TRID, Safe Harbor, QM, State, Federal and Agency Test etc.
 07/28/2021     1 A   FL Primary Purchase   C A C A B A A A Non QM Non QM No
215686445 XXXX XXXX 100470   22390734     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided           Reviewer Comment (2021-07-23): Loan Underwriting and Transmittal Summary (1008) uploaded exception cleared


Buyer Comment (2021-07-22): 1008 for review
 07/23/2021     1 A   FL Primary Purchase   C A C A B A A A Non QM Non QM No
215686445 XXXX XXXX 100470   22390735     Credit Insurance Insurance Analysis Insurance The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Hazard Insurance Policy effective date[redacted] after[redacted] disbursement date       Reviewer Comment (2021-07-28): Cleared


Buyer Comment (2021-07-27): Corrected HOI for review
 07/28/2021     1 A   FL Primary Purchase   C A C A B A A A Non QM Non QM No
215686445 XXXX XXXX 100470   22390736     Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Missing RESPA Disclosure Rule (Dodd-Frank 2014): Creditor did not provide List of Homeownership Counseling Organizations to borrower.         Reviewer Comment (2021-07-28): Provided


Buyer Comment (2021-07-27): Homeownership Counseling for review
 07/28/2021     1 A   FL Primary Purchase   C A C A B A A A Non QM Non QM No
215686445 XXXX XXXX 100470   22390739     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.           Reviewer Comment (2021-07-28): Cleared


Buyer Comment (2021-07-22): Paid in full docs. CBR Supplement for review
 07/28/2021     1 A   FL Primary Purchase   C A C A B A A A Non QM Non QM No
215686446 XXXX XXXX 100574   22390740     Credit Credit Credit Calculation / Analysis Credit Guideline Issue:  Insufficient tradelines per credit guidelines   2 trade lines < 12 minimum requirement per guidelines. Borrower has worked in the same position for more than 3 years.

Borrower has been employed in the same industry for more than 5 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 DTI is [redacted]%, [redacted]% < program max of [redacted]%. Owner

Owner

Owner,Originator		 Reviewer Comment (2021-07-22): Lender granted exception approval in file.
     07/22/2021 2 B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
215686446 XXXX XXXX 100574   22390742     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - ___         Reviewer Comment (2021-08-06): Exception revision request document received on [redacted].


Buyer Comment (2021-08-05): see approved exception


Buyer Comment (2021-08-03): cpa states that borrower has been self employed 2 years, with ownership percentage stated as well.
 08/06/2021     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
215686446 XXXX XXXX 100574   22390743     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-20): Sufficient Cure Provided At Closing
   07/20/2021   1 A   CA Primary Purchase Final CD evidences Cure C B C B A A A A Non QM Non QM No
215686446 XXXX XXXX 100574   22390744     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Wire / Funding / Disbursement Fee.  Fee Amount of $55.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-20): Sufficient Cure Provided At Closing
   07/20/2021   1 A   CA Primary Purchase Final CD evidences Cure C B C B A A A A Non QM Non QM No
215686447 XXXX XXXX 100562   22390751     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Missing recent 12 months consecutive cancelled checks or bank statements documenting  [redacted] 7 months current housing history @ $[redacted] rent and  [redacted] 6 months prior housing history @ $[redacted] per month maximum x 30 x 12 with 0 x 30 in the past 6 months from Note date @ A11 - Select Asset Optimizer program       Reviewer Comment (2021-07-26): Received the VOR explanation document on [redacted] and Exception Cleared


Buyer Comment (2021-07-23): borrower credit card statements reflect payments at the campgrounds.


Buyer Comment (2021-07-23): Borrower RV down payment and rental payments at KOA as well as prior apartments.


Buyer Comment (2021-07-23): Borrower has provided an LOE for his housing history. Please see LOE, financing of the RV is reported on the credit report as well.
 07/26/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215686447 XXXX XXXX 100562   22390752     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-23): Compliance report reviewed. Exception cleared


Buyer Comment (2021-07-22): see compliance report for your review
 07/23/2021     1 A   CA Primary Purchase   C A C A C A A A Non QM Non QM No
215686447 XXXX XXXX 100562   22390755     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA Dues.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. $[redacted] HOA Dues disclosed in Section C of Closing Disclosure       Reviewer Comment (2021-07-26): [redacted] Received PCCD and LOE with fee moved to section H.


Buyer Comment (2021-07-23): placement of fees was incorrect, see corrected PCCD / LOE and delivery to borrower
 07/26/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM No
215686447 XXXX XXXX 100562   22390756     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Natural Hazard Disclosure.  Fee Amount of $94.95 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. $[redacted] Natural Hazard Disclosure fee disclosed ion Section C of Closing Disclosure       Reviewer Comment (2021-07-26): [redacted] Received PCCD and LOE with fee moved to section H.


Buyer Comment (2021-07-23): thank you for the feedback, see corrected pccd/loe and delivery to borrower


Reviewer Comment (2021-07-23): [redacted] please provide PCCD and LOE with Natural Hazard Disclosure fee move to section H


Buyer Comment (2021-07-22): this fee is in section C which indicates the borrower shopped, when borrower shops there isn't a need for tolerance cure.
 07/26/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM No
215686448 XXXX XXXX 100658   22390746     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___ Index is Libor 1-year (Daily). Note date is [redacted], after [redacted]Libor index are not agency salable.       Buyer Comment (2021-07-24): waived
     07/24/2021 2 B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686448 XXXX XXXX 100658   22390747     Compliance Compliance Federal Compliance TILA CHARM Booklet Disclosure Status TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower. CHARM Boolket, not provided to Borrower.       Reviewer Comment (2021-07-28): Cleared
 07/28/2021     1 A   CA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
215686448 XXXX XXXX 100658   22390748     Credit Credit Miscellaneous Guideline Credit Exception:   Appraiser Certification of Non Influence is not provided for both appraisals.       Reviewer Comment (2021-07-28): Cleared
 07/28/2021     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686448 XXXX XXXX 100658   22390749     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 07/08/2021 incorrectly disclosed whether the loan will have an escrow account. Final CD does not indicate if Borrower declined or if Lender did not offer.       Reviewer Comment (2021-07-29): [redacted] received Letter of Explanation & Corrected Closing Disclosure.
   07/29/2021   2 B   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM No
215686448 XXXX XXXX 100658   22390750     Credit Credit Miscellaneous Guideline Credit Exception:   Missing bank statements and or cancelled checks to support VOR for current and previous primary as well as VOR for current primary.       Reviewer Comment (2021-08-10): Bank statements provided


Reviewer Comment (2021-08-09): Not received any new documentation, provide bank statements and or cancelled checks to support VOR for current and previous primary as well as VOR for current primary, Exception remains.


Buyer Comment (2021-08-08): Bank statements provided to reflects rent on current residence. Letter from landlord (VOR) provided on prior residence. Cancelled checks not required because the VOR is not thru an instituaional third party.


Buyer Comment (2021-08-08): Attached is the VOR for the current and prior residences. The prior was rented not owned


Reviewer Comment (2021-07-28): checks or statements not provided
 08/10/2021     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686449 XXXX XXXX 100527   22390761     Credit 1003 Missing Document 1003 Missing Lender's Initial 1003/Application.           Reviewer Comment (2021-07-28): Cleared
 07/28/2021     1 A   NY Primary Purchase   C B C B A A A A Non QM Non QM No
215686449 XXXX XXXX 100527   22390762     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing:   12 months business statements are less than 24 months business statements that were used to determine $[redacted] monthly business income for [redacted].  Missing 12 [redacted]. business statements[redacted] through[redacted] to support monthly gross deposits used to determine income per Lender's worksheet.  Loan file contains copies of statements covering period[redacted] through[redacted]       Reviewer Comment (2021-07-28): Cleared
 07/28/2021     1 A   NY Primary Purchase   C B C B A A A A Non QM Non QM No
215686449 XXXX XXXX 100527   22390763     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower has 1x30 on rental history within the most recent 6 months vs. program requirement that for ltvs < 85% housing history has a max of 1x30x12 with 0x30 within 6 months from note date. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Lender compensating factor Owner

Owner

Owner,Originator Pre-Close		 Reviewer Comment (2021-07-22): Lender granted an exception
     07/22/2021 2 B   NY Primary Purchase   C B C B A A A A Non QM Non QM No
215686450 XXXX XXXX 100465   22390773     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-07-23): [redacted] has elected to waive this exception
     07/23/2021 2 B   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215686450 XXXX XXXX 100465   22390774     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Statement is more that 60 days from Note day, and only 1 statement provided.       Reviewer Comment (2021-07-30): Lender has indicated the account was not utilized in qualifying - not included on final 1003 - item is cleared.


Buyer Comment (2021-07-23): funds from this account are not used or needed as borrower has sufficient assets for closing and reserves without it
 07/30/2021     1 A   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215686450 XXXX XXXX 100465   22390777     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted]  is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted]. Zero Percent Tolerance exceeded       Reviewer Comment (2021-08-06): [redacted] received copy of Refund check, proof of mailing,  Letter of Explanation & Corrected Closing Disclosure


Buyer Comment (2021-07-27): see PCCD docs


Buyer Comment (2021-07-23): disregard doc
   08/06/2021   2 B   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM No
215686450 XXXX XXXX 100465   22390778     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-26): Document received on [redacted].


Buyer Comment (2021-07-23): see compliance report
 07/26/2021     1 A   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215686450 XXXX XXXX 100465   22390779     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Third party document to verify start date of business and to verify business is still active.       Reviewer Comment (2021-07-26): Document received on [redacted].


Buyer Comment (2021-07-23): see Secretary of State confirmation that business is open and active
 07/26/2021     1 A   CA Primary Refinance - Rate/Term   C B C B C B A A Non QM Non QM No
215686451 XXXX XXXX 100585   22390768     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Transfer of appraisal requirements not yet met as there is no evidence in file of approval of the transfer by the [redacted] Appraisal Department.       Reviewer Comment (2021-08-04): Cleared


Buyer Comment (2021-07-26): Uploaded Appraisal & Transfer


Buyer Comment (2021-07-26): Uploaded Appraisal with Transfer Letter, Approval
 08/04/2021     1 A   CA Primary Purchase   C A A A C A A A Non QM Non QM No
215686451 XXXX XXXX 100585   22390769     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered to Borrower(s) within three (3) business days of application. Initial Loan Estimate dated [redacted] was electronically provided without or prior to borrower's consent to receive electronic disclosures. Failure to comply with the provisions of the E-Sign Act and failure to provide good faith estimate of fees timely may result in additional fee tolerance violations. The initial LE was dated[redacted]  and the borrower did not give EConsent until[redacted]  based on the EConsent disclosure in file.       Reviewer Comment (2021-08-09): [redacted] received proof of earlier e-consent


Buyer Comment (2021-07-27): Our disclosing process requires the e-consent to be sent simultaneously with the disclosures, the borrowers are responsible for consenting first before being prompted to open the disclosures to review and e-sign.  If they do not consent by end of day 2 (9 PST), Ellie will fulfill the disclosures via general mail for us and place the information into the system.  Copy of Disclosure Tracking uploaded reflecting BWRS Received E Consent, Opened & Accepted on [redacted]
 08/09/2021     1 A   CA Primary Purchase   C A A A C A A A Non QM Non QM No
215686452 XXXX XXXX 100583   22390771     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Borrower's are living with family rent free per letter of explanation. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Comp factors used to waive exceptions Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-06): Comp factors used to waive exceptions


Buyer Comment (2021-07-27): Uploaded Exception Approval
     08/06/2021 2 B   CO Investment Purchase   C B C B     A A     No
215686453 XXXX XXXX 100591   22390780     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-29): Mavent Report Received and Exception cleared.


Buyer Comment (2021-07-26): Please see uploaded report.
 07/29/2021     1 A   TX Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
215686453 XXXX XXXX 100591   22390782     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 11,954.80 on Final Closing Disclosure provided on [redacted] not accurate. Verified costs are HOI of $[redacted]/mo, Taxes of $[redacted]/mo and HOA dues of $12/mo for a total of $[redacted] monthly or $[redacted] annually.       Reviewer Comment (2021-08-06): LOX and corrected CD provided to the borrower.


Buyer Comment (2021-07-26): Please see uploaded PCCD, LOE & Proof of Delivery.
   08/06/2021   2 B   TX Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM No
215686453 XXXX XXXX 100591   22390783     Compliance Compliance Federal Compliance TRID Defect TRID Revised Loan Estimate Timing Before Closing TILA-RESPA Integrated Disclosure: Revised Loan Estimate provided on [redacted] not received by borrower at least four (4) business days prior to closing. Revised Loan Estimate provided on [redacted] not received by borrower at least four (4) business days prior to closing.       Reviewer Comment (2021-08-06): Disclosure summary provided to verify date of receipt.


Buyer Comment (2021-07-26): Please see Disclosure Tracking.  The document sent out was a Closing Disclosure sent on Tues,7/6. 3 business days were Wed. 7/7, Thurs. 7/8 & Fri. 7/9. The loan closed on Tues. July 13.  Please clear finding.
 08/06/2021     1 A   TX Primary Refinance - Rate/Term No Defined Cure C B C A C B A A Non QM Non QM No
215686453 XXXX XXXX 100591   22390784     Credit Credit Miscellaneous Guideline Credit Exception:   Program requires documentation to document the borrower receives regular, ongoing compensation and the compensation is reported on a statement, check stub or similar documentation that also shows the borrower's YTD earnings for at least 30 days.  No documentation of this type was found in the loan file.       Reviewer Comment (2021-08-06): Documents provided.


Buyer Comment (2021-08-03): Please see uploaded bank statements for[redacted] [redacted] documenting deposits from Borrower's employer. This along with the VOE and the other income documentation provided documents the borrowers income and meets the guideline standard quoted on 'similar documentation'.  Please clear this finding.


Reviewer Comment (2021-08-02): A YTD figure is not sufficient to satisfy this requirement - at a minimum a ytd history of payments to the borrower is needed. Condition remains open.


Buyer Comment (2021-07-26): See uploaded VOE. The 4th page of the document shows the YTD income through[redacted] which meets the guideline "similar documentation must be used for verification so that earnings over 30 successive calendar days is verified". The 1099's provided for 2018, 2019, 2020 & the YTD figure for 2021 show consistent earnings. Please clear this condition.
 08/06/2021     1 A   TX Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
215686454 XXXX XXXX 100568   22390785     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing satisfactory verification Borrower has been continuously self-employed for two years and that Borrower has been continuously self-employed for two years.  Income used to qualify was determine using two sets 24 months personal bank statements to determine income used to qualify under A10 - Bank Statement program.       Reviewer Comment (2021-07-29): Received third party verification for the borrower's employment.


Buyer Comment (2021-07-27): VOE completed on[redacted], start date as personal trainer, on VOE is 3-1-2013. VOE form added for your review
 07/29/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686454 XXXX XXXX 100568   22390786     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing:   Missing proof of ownership in Surf City Personal Trainingd       Reviewer Comment (2021-08-08): Business License with Expiration date[redacted] provided. Exception Cleared


Reviewer Comment (2021-08-06): Provided business license has been expired, exception remains.


Buyer Comment (2021-08-03): current records indicate that the borrower has renewed their license


Buyer Comment (2021-08-03): see license for surf city personal training, as well as license history for city of huntington beach
 08/08/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686454 XXXX XXXX 100568   22390787     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Unable to verify current employment status using reasonably reliable third-party records       Reviewer Comment (2021-08-08): Business License provided with expiration date [redacted]


Reviewer Comment (2021-08-06): Provided business license has been expired, exception remains.


Buyer Comment (2021-08-03): borrower license indicates current, and records show that it has since renewed.  history shows that borrower has prior license, see documents added for your review
 08/08/2021     1 A   CA Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM No
215686454 XXXX XXXX 100568   22390788     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. Missing satisfactory verification Borrower has been continuously self-employed for two years and that Borrower has been continuously self-employed for two years.  Income used to qualify was determine using two sets 24 months personal bank statements to determine income used to qualify under A10 - Bank Statement program.       Reviewer Comment (2021-08-08): Business License provided with expiration date [redacted]


Buyer Comment (2021-08-07): license renewed - see attached.


Reviewer Comment (2021-08-06): Provided business license has been expired, exception remains.


Buyer Comment (2021-08-03): borrower license indicates current, and records show that it has since renewed.  history shows that borrower has prior license, see documents added for your review
 08/08/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686454 XXXX XXXX 100568   22390789     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. Missing satisfactory verification Borrower has been continuously self-employed for two years and that Borrower has been continuously self-employed for two years.  Income used to qualify was determine using two sets 24 months personal bank statements to determine income used to qualify under A10 - Bank Statement program.       Reviewer Comment (2021-08-09): Cleared


Reviewer Comment (2021-08-06): Provided business license has been expired, exception remains.


Buyer Comment (2021-08-03): borrower license indicates current, and records show that it has since renewed.  history shows that borrower has prior license, see documents added for your review
 08/09/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686454 XXXX XXXX 100568   22390790     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Unable to verify current employment status using reasonably reliable third-party records       Reviewer Comment (2021-08-09): Cleared
 08/09/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686454 XXXX XXXX 100568   22390791     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 2,805.00 on Final Closing Disclosure provided on [redacted] not accurate.         Reviewer Comment (2021-08-09): [redacted] received proof of monthly HOA dues


Buyer Comment (2021-07-27): HOA dues are $[redacted] per month, 11 months = $[redacted] CD is correct. HOA certificate added to support $[redacted] / month
 08/09/2021     1 A   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM No
215686454 XXXX XXXX 100568   22390793     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-29): Approval received.
 07/29/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686454 XXXX XXXX 100568   22390794     Credit TRID General TRID Refi Purpose reflects Rate/Term and cash out greater than the lesser of 2% of the loan amount or $2000. Cash to Borrower:  ___; Total Cash Out:    ___;  Refi Purpose:  ___         Reviewer Comment (2021-08-05): Second mortgage paid off was seasoned more than a year and meets guides for payoff as a rate/term  Actual cash to borrower was under $[redacted]0- issue clear.


Buyer Comment (2021-07-27): please provide more information, review of consummation CD indicates Cash to Close is $[redacted]  to borrower / page 3.
 08/05/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686455 XXXX XXXX 100477   22390795     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is missing secondary valuation product required for securitization.           Reviewer Comment (2021-07-29): Cleared


Buyer Comment (2021-07-29): Please see Credit Memo uploaded for your review.


Reviewer Comment (2021-07-29): Two full Appraisal is received, However as per Deal Note We required CDA or ARR  is pending Hence Exception Remain.


Buyer Comment (2021-07-26): Full second appraisal was completed and uploaded for your review,
 07/29/2021     1 A   NC Primary Purchase   C B C A C B C A Non QM Non QM No
215686455 XXXX XXXX 100477   22390796     Credit Asset Asset Documentation Asset Earnest Money Deposit is unsourced.  Per guidelines EMD source is required.   Missing copy of $[redacted] initial earnest money deposit check, source verification and settlement agent's receipt of funds       Reviewer Comment (2021-07-29): Cleared


Buyer Comment (2021-07-26): EMD checks, receipts and sources uploaded for you review.
 07/29/2021     1 A   NC Primary Purchase   C B C A C B C A Non QM Non QM No
215686455 XXXX XXXX 100477   22390797     Credit Asset Asset Documentation Asset Earnest Money Deposit is unsourced.  Per guidelines EMD source is required.   Missing copy of $[redacted] additional earnest money deposit check, source verification and settlement agent's receipt of funds       Reviewer Comment (2021-07-29): Cleared


Buyer Comment (2021-07-26): EMD checks, receipts and sources uploaded for you review.
 07/29/2021     1 A   NC Primary Purchase   C B C A C B C A Non QM Non QM No
215686455 XXXX XXXX 100477   22390799     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-08-03): compliance report uploaded.(Mavent, ComplianceEase, etc.) provided


Buyer Comment (2021-08-02): Compliance report uploaded


Reviewer Comment (2021-07-29): Compliance report was not loaded


Buyer Comment (2021-07-26): Mavent uploaded for your review.
 08/03/2021     1 A   NC Primary Purchase   C B C A C B C A Non QM Non QM No
215686455 XXXX XXXX 100477   22390801     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Final Closing Disclosure discloses a $[redacted] Lender cure credit for $[redacted] Title - Attorney fee, disclosed in Section B, for tolerance       Reviewer Comment (2021-08-09): [redacted] Sufficient Cure provided at Closing


Buyer Comment (2021-08-06): Executed CD with cure of $[redacted]1 and PCCD/Tracking/LOE/Refund of $[redacted] uploaded for your review.


Reviewer Comment (2021-07-29): [redacted]: Under 10% Tolerance calculation fees included  are Title-Attorney fee $[redacted]tle-Recording service $[redacted] Recording fee $90 whereas on Initial LE Title-Attorney fee and Title-Recording service fee is not disclosed. The cure for $[redacted] was provided on Final CD. Please confirm cure is applied to which tolerance. Also, the Second Appraisal fee is $[redacted] on initial LE which is increased to $[redacted] on Final CD.  We need additional cure for $[redacted] along with Post close CD, LOE, Proof of delivery and copy of check.


Buyer Comment (2021-07-29): Would you please review this to confirm this is the correct amount.  Per my Compliance Department: The 10% tolerance bucket means that the total of the fees in that bucket in total cannot exceed 10% of the bucket.  So if one fee increases yet another fee decreases, as long as the aggregate does not exceed 10% we are okay.
 08/09/2021     1 A   NC Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM No
215686455 XXXX XXXX 100477   22390802     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance for increased fee amount disclosed to Borrower.  Final Closing Disclosure does not disclose Lender's cure credit for $[redacted] tolerance amount       Reviewer Comment (2021-08-09): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing


Buyer Comment (2021-08-06): Executed CD with cure of $[redacted]1 and PCCD/Tracking/LOE/Refund of $[redacted] uploaded for your review.
   08/09/2021   2 B   NC Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B C A Non QM Non QM No
215686456 XXXX XXXX 100537   22390805     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Due to missing employment documentation and DTI issue, review designation determined by the review was ATR Fail.       Reviewer Comment (2021-08-06): Received tax preparer letter
 08/06/2021     1 A   TX Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM No
215686456 XXXX XXXX 100537   22390806     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. Unable to verity current employment status using reasonable reliable third party records (IE: CPA letter, etc.)       Reviewer Comment (2021-08-06): Received tax preparer letter


Buyer Comment (2021-07-29): CPA letter uploaded for your review.
 08/06/2021     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
215686456 XXXX XXXX 100537   22390807     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) DTI on Lender documents is [redacted]which is slightly lower, although still over maximum.  Difference is "other debt" used for review is $20 higher. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has been employed in the same industry for more than 5 years.		 Comp factors used to waive exception Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-09): Comp factors used to waive exception


Reviewer Comment (2021-08-06): Review DTI is 52.15073 -- exception does not match this.  Condition remains open as DTI on the exception is not accurate.


Buyer Comment (2021-08-04): Credit exception  for DTI of [redacted]% uploaded for your review.


Buyer Comment (2021-07-29): Please see uploaded Discover statement with zero balance and adjust DTI to [redacted]%. Revised credit exception will follow.
     08/09/2021 2 B   TX Primary Purchase   C B C B C B A A Non QM Non QM No
215686456 XXXX XXXX 100537   22390808     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Due to missing employment documentation and the DTI issue, ATR requirements have not been met.       Reviewer Comment (2021-08-06): Received tax preparer letter
 08/06/2021     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
215686456 XXXX XXXX 100537   22390809     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. DT is [redacted]%, per documentation and  [redacted] per Lender Approval. Both moderately exceed guideline max of 50%. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has been employed in the same industry for more than 5 years.		 Comp factors used to waive exception Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-09): Comp factors used to waive exception


Reviewer Comment (2021-08-06): Exception provided does not have the accurate DTI on it and condition cannot be waived until/unless the correct DTI is cited.


Buyer Comment (2021-08-04): Credit exception  for DTI of [redacted]% uploaded for your review.


Buyer Comment (2021-07-29): Please see uploaded Discover statement with zero balance and adjust DTI to [redacted]%. Revised credit exception will follow.
     08/09/2021 2 B   TX Primary Purchase   C B C B C B A A Non QM Non QM No
215686456 XXXX XXXX 100537   22390810     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing one or more guideline components, the loan is at ATR Risk.       Reviewer Comment (2021-08-09): Cleared


Reviewer Comment (2021-08-06): Exception provided does not have an accurate DTI on it.  Exception will remain until/unless DTI issue is resolved.


Buyer Comment (2021-08-04): Credit exception  for DTI of [redacted]% uploaded for your review.
 08/09/2021     1 A   TX Primary Purchase   C B C B C B A A Non QM Non QM No
215686456 XXXX XXXX 100537   22390811     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-26): Sufficient Cure Provided At Closing
   07/26/2021   1 A   TX Primary Purchase Final CD evidences Cure C B C B C B A A Non QM Non QM No
215686456 XXXX XXXX 100537   22390812     Credit Credit Credit Documentation Credit Insufficient Verification of Rental History.   Borrower has no housing history as he has been living rent free.  File contains a Lender exception for this; however, the exception indicates a max DTI of 50% and the DTI is over 50% ([redacted]on lender docs and [redacted]% based on review) so loan does not meet parameters of the exception. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has been employed in the same industry for more than 5 years.		 Comp factors used to waive exception Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-09): Comp factors used to waive exception


Reviewer Comment (2021-08-06): The exception provided does not cite the correct DTI of [redacted] - issue cannot be cleared until/unless the correct DTI is cited.


Buyer Comment (2021-08-04): Credit exception  for DTI of [redacted]% uploaded for your review.


Buyer Comment (2021-07-29): Please see uploaded Discover statement with zero balance and adjust DTI to [redacted]%. Revised credit exception will follow.
     08/09/2021 2 B   TX Primary Purchase   C B C B C B A A Non QM Non QM No
215686456 XXXX XXXX 100537   22390813     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2021-08-09): Cleared
 08/09/2021     1 A   TX Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM No
215686457 XXXX XXXX 100543   22390817     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Housing history is required and not found in file       Reviewer Comment (2021-08-05): 12 months bank statements with proof of paid rent received


Buyer Comment (2021-07-30): I am so sorry but please disregard the previous uploaded bank statements.  I should have uploaded to you which I have now the [redacted]Bank statements for acct ending in [redacted].  The statements show the rental payments to Ardent Property in the amount of $[redacted] a month being made.  Let me know if you need to explain the withdrawal history.


Buyer Comment (2021-07-27): Some of the bank statements are not in the correct order but there are statements from 5-2020 to 5-2021 showing rental payments made to Ardent Realty each month for review.
 08/05/2021     1 A   OH Primary Purchase   C A C A C A A A Non QM Non QM No
215686457 XXXX XXXX 100543   22390818     Credit Credit Credit Eligibility Guideline There are red flags on the fraud report that have not been addressed - There are red flags on the fraud report that have not been addressed. Auto Refer - ID/App/Property Verify       Reviewer Comment (2021-08-05): Document received.  Updated


Buyer Comment (2021-07-27): The Fraud Report has been updated to verify Pass results and has been uploaded for your review.
 08/05/2021     1 A   OH Primary Purchase   C A C A C A A A Non QM Non QM No
215686457 XXXX XXXX 100543   22390820     Compliance Compliance Federal Compliance TILA TILA NMLSR - Originator Company NMLS information on documents does not match NMLS website Unable to test Loan Originator Organization match due to missing information. NMLS site not available during file review       Reviewer Comment (2021-08-05): NMLS updated


Buyer Comment (2021-07-30): I was not exactly sure what you were looking for but I have uploaded the Lender's LO and Company NMLS information for your review.
 08/05/2021     1 A   OH Primary Purchase   C A C A C A A A Non QM Non QM No
215686457 XXXX XXXX 100543   22390821     Compliance Compliance Federal Compliance TILA TILA NMLSR - Individual Originator NMLS information on documents does not match NMLS website Unable to test Individual Loan Originator NMLSR status due to missing information. NMLS site not available during file review       Reviewer Comment (2021-08-05): NMLS updated
 08/05/2021     1 A   OH Primary Purchase   C A C A C A A A Non QM Non QM No
215686457 XXXX XXXX 100543   22390822     Compliance Compliance State Compliance Misc. State Level Ohio Consumer Sales Practices Act (Closing Disclosure Not Provided) Ohio Consumer Sales Practices Act:  Consumer did not receive the required Closing Disclosure. Borrower did not receive required Closing Disclosure       Reviewer Comment (2021-08-05): Disclosure in file


Buyer Comment (2021-07-30): We do not have this form in our State Specific Forms.  Please provide so I may know exactly what you need.
 08/05/2021     1 A   OH Primary Purchase   C A C A C A A A Non QM Non QM No
215686457 XXXX XXXX 100543   22390823     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Appraisal fee amount of $[redacted] exceeds tolerance of $[redacted]. Sufficient cure was provided to the borrower       Reviewer Comment (2021-07-23): Sufficient Cure Provided At Closing
   07/23/2021   1 A   OH Primary Purchase Final CD evidences Cure C A C A C A A A Non QM Non QM No
215686457 XXXX XXXX 100543   22390824     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 07/16/2021 did not disclouse Amount of Non-Escrowed Property Costs over Year 1 Final Closing Disclosure did not provide the Amount of Non-escrowed property cost over year 1       Reviewer Comment (2021-08-05): HOA docs confirm $[redacted] quarterly fee (entered as $[redacted] monthly).  PCCD with escrowed and non-escrowed fees received


Buyer Comment (2021-08-03): Also, I received verification that the HOA fees are $[redacted] a quarter which = $[redacted] annually.


Buyer Comment (2021-08-03): I have uploaded the PCCD, LOE to the borrower and Disclosure Tracking Summary to verify the PCCD and LOE were emailed to the borrower for your review.
 08/05/2021     1 A   OH Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM No
215686458 XXXX XXXX 100659   22390814     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Lender exception requested Allow 12 month of hand written and signed rent receipts from the landlord to support VOR from private party vs program requirement that VOR's must be from an institutional 3rd party must be supported with canceled checks. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   Owner Reviewer Comment (2021-07-28): Lender exception with comp factors
     07/28/2021 2 B   NC Investment Purchase   B B B B     A A     No
215686459 XXXX XXXX 100558   22390836     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003           Buyer Comment (2021-07-28): Waive


Buyer Comment (2021-07-28): Uploaded 1003
     07/28/2021 2 B   MD Primary Purchase   C B B B C B A A Non QM Non QM No
215686459 XXXX XXXX 100558   22390837     Compliance Compliance Federal Compliance TILA TILA NMLSR - Originator Company NMLS information on documents does not match NMLS website Unable to test Loan Originator Organization match due to missing information. NMLS website is offline at time of review       Reviewer Comment (2021-08-06): Provided. Clear


Buyer Comment (2021-07-28): The NMLS website is back working.
 08/06/2021     1 A   MD Primary Purchase   C B B B C B A A Non QM Non QM No
215686459 XXXX XXXX 100558   22390838     Compliance Compliance Federal Compliance TILA TILA NMLSR - Individual Originator NMLS information on documents does not match NMLS website Unable to test Individual Loan Originator NMLSR status due to missing information. NMLS website is offline at time of review       Reviewer Comment (2021-08-06): Provided. Clear


Buyer Comment (2021-07-28): The NMLS website is back working.
 08/06/2021     1 A   MD Primary Purchase   C B B B C B A A Non QM Non QM No
215686459 XXXX XXXX 100558   22390840     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00  is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted]. Missing Change of Circumstance for reduction in the Lender credit       Reviewer Comment (2021-08-09): [redacted] received changed circumstance.


Buyer Comment (2021-07-28): COC pg. 11-14
 08/09/2021     1 A   MD Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM No
215686459 XXXX XXXX 100558   22390841     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a Lender cure credit       Reviewer Comment (2021-07-23): Sufficient Cure Provided At Closing
   07/23/2021   1 A   MD Primary Purchase Final CD evidences Cure C B B B C B A A Non QM Non QM No
215686459 XXXX XXXX 100558   22390843     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-07-28): Waive
     07/28/2021 2 B   MD Primary Purchase   C B B B C B A A Non QM Non QM No
215686460 XXXX XXXX 100549   22390825     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is missing secondary valuation product required for securitization.           Reviewer Comment (2021-07-30): Exception cleared as we have secondary valuation on file and the details are updated


Buyer Comment (2021-07-28): Uploaded secondary appraisal
 07/30/2021     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
215686460 XXXX XXXX 100549   22390826     Credit Credit Miscellaneous Guideline Credit Exception:   12 months housing history < 12 months required.   11 cancelled checks [redacted] to[redacted]) in file document  [redacted] mortgage encumbering subject property has been paid by Borrower and non-borrowing spouse.  Payoff statement documents loan is due for [redacted] payment on[redacted] disbursement date       Reviewer Comment (2021-08-06): Provided. Clear.


Buyer Comment (2021-07-28): uploaded [redacted] payment history
 08/06/2021     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
215686460 XXXX XXXX 100549   22390827     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.           Reviewer Comment (2021-08-06): Provided. Clear.
 08/06/2021     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
215686460 XXXX XXXX 100549   22390828     Credit Title Document Error Title There is no dollar amount noted on the title policy.   Preliminary does not reflect a proposed title policy amount.  Amended title report or supplement indicating proposed amount is not in file.       Reviewer Comment (2021-08-06): Provided. Clear.


Buyer Comment (2021-07-30): Uploaded title policy with loan amount  $[redacted].
 08/06/2021     1 A   CA Primary Purchase   C A C A A A C A Non QM Non QM No
215686460 XXXX XXXX 100549   22390831     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit       Reviewer Comment (2021-07-26): Sufficient Cure Provided At Closing
   07/26/2021   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A C A Non QM Non QM No
215686460 XXXX XXXX 100549   22390832     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit       Reviewer Comment (2021-07-26): Sufficient Cure Provided At Closing
   07/26/2021   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A C A Non QM Non QM No
215686460 XXXX XXXX 100549   22390833     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit       Reviewer Comment (2021-07-26): Sufficient Cure Provided At Closing
   07/26/2021   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A C A Non QM Non QM No
215686460 XXXX XXXX 100549   22390834     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit       Reviewer Comment (2021-07-26): Sufficient Cure Provided At Closing
   07/26/2021   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A C A Non QM Non QM No
215686460 XXXX XXXX 100549   22390835     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Recording Service Fee.  Fee Amount of $15.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit       Reviewer Comment (2021-07-26): Sufficient Cure Provided At Closing
   07/26/2021   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A C A Non QM Non QM No
215686461 XXXX XXXX 100588   22390845     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 07/13/2021 did not disclouse Amount of Non-Escrowed Property Costs over Year 1 Final Closing Disclosure  did not disclose Non - Escrowed Property Cost over Year 1. Per Appraisal report, HOA monthly dues are $75.       Reviewer Comment (2021-08-10): [redacted] received Letter of Explanation & Corrected Closing Disclosure.


Buyer Comment (2021-08-03): Resubmitting PCCD, LOE and Proof of Deliver.  Although [redacted]reflects condition is under review, no comment or indication of an uploaded file is being identified.
   08/10/2021   2 B   CA Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM No
215686464 XXXX XXXX 100582   22390875     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded. Appraisal Fee $[redacted] exceed tolerance of $[redacted]acted]ender Credit $[redacted]acted]r increase in closing cost above legal limit shows on Final Closing Disclosure, page 2.       Reviewer Comment (2021-07-26): Sufficient Cure Provided At Closing
   07/26/2021   1 A   FL Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM No
215686464 XXXX XXXX 100582   22390876     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Provide the conditional loan approval.       Reviewer Comment (2021-08-02): Received approval on[redacted]. Exception Cleared.


Buyer Comment (2021-07-30): Uploaded Loan Approval.
 08/02/2021     1 A   FL Primary Purchase   C A C A A A A A Non QM Non QM No
215686465 XXXX XXXX 100539   22390849     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer. No evidence located in file that Borrowers were provided a Right to Receive a Copy of Appraisal Disclosure.       Buyer Comment (2021-07-30): Waived.


Buyer Comment (2021-07-30): [redacted] has elected to waive this exception.
     07/30/2021 2 B   FL Investment Purchase   C B C B B B C B N/A N/A No
215686465 XXXX XXXX 100539   22390850     Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender -         Buyer Comment (2021-07-30): Approved Transfer Letter in File


Buyer Comment (2021-07-30): [redacted] has elected to waive this exception.
     07/30/2021 2 B   FL Investment Purchase   C B C B B B C B N/A N/A No
215686465 XXXX XXXX 100539   22390852     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided           Reviewer Comment (2021-08-02): Received Loan Underwriting and Transmittal Summary (1008) / MCAW Document hence exception is cleared.


Buyer Comment (2021-07-30): Uploaded, please see the 1008. Thank you.
 08/02/2021     1 A   FL Investment Purchase   C B C B B B C B N/A N/A No
215686465 XXXX XXXX 100539   22390862     Credit Missing Document General Missing Document Missing Document: Cancelled Check(s) not provided   Missing documentation to verify the Earnest Money.       Reviewer Comment (2021-08-08): bank statement provided as a proof of earnest money


Buyer Comment (2021-08-03): Please see the Approved Exception for the VOR under Missing Document VOR condition. Also, the VOM history statement from the mortgage lender has been uploaded. Thank you.


Reviewer Comment (2021-08-02): Received bank statement in file however Cancelled Check(s) is missing hence Exception remains same.


Buyer Comment (2021-07-30): Uploaded, please find the source documents for the EMD.  Thank you.
 08/08/2021     1 A   FL Investment Purchase   C B C B B B C B N/A N/A No
215686465 XXXX XXXX 100539   22390864     Property Valuation Valuation Issue Valuation The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal   Desk Review shows Effective date of[redacted] . Original Effective date of Appraisal was[redacted] , Updated 442, shows effective date of[redacted] .       Reviewer Comment (2021-08-02): Received 2nd appraisal with Effective date of :[redacted] hence exception is cleared.


Buyer Comment (2021-07-30): Please be advised the CDA Desk Review reflects the Effective Date of the 2nd appraisal, [redacted] . Please see uploaded 2nd Appraisal.  Also, the Appraisal Update does reflect the Effective Date of [redacted] , matching the Original Appraisal Effective Date of [redacted] . Please see uploaded Appraisal Update with Effective Date [redacted]  highlighted.  Thank you.
 08/02/2021     1 A   FL Investment Purchase   C B C B B B C B N/A N/A No
215686465 XXXX XXXX 100539   22390865     Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - Verification of previous employment not provided.       Reviewer Comment (2021-08-08): LOE received for employment gap


Buyer Comment (2021-08-03): Uploaded, please find the VVOE for the previous employment, [redacted]. Thank you.


Reviewer Comment (2021-08-02): Verification of previous employment document is missing hence Exception remains same.
 08/08/2021     1 A   FL Investment Purchase   C B C B B B C B N/A N/A No
215686465 XXXX XXXX 100539   22390866     Credit Guideline Guideline Issue Guideline A non-arm's length purchase transaction is allowed on a primary residence only. Occupancy: ___ Subject transaction is non-arm's length with investor occupancy vs program requirement that for non-arm's length transactions, the subject property must be the borrowers' primary residence.  lender exception in file. Borrower has been employed in the same industry for more than 5 years. Compensating factors considered to waive exceptions. Owner,Originator Reviewer Comment (2021-07-29): Lender granted exception approval in file.
     07/29/2021 2 B   FL Investment Purchase   C B C B B B C B N/A N/A No
215686465 XXXX XXXX 100539   22390867     Credit Credit Miscellaneous Guideline Credit Exception:   Co-borrower is employed with XXXX since[redacted], and was with previous employer from[redacted] -[redacted].  Allow a gap in employment history of 28 months while co-borrower took time to complete her Master's degree program and for maternity leave vs program requirement gaps in employment over the previous two years must be satisfactorily explained.  Lender exception in file. Borrower has been employed in the same industry for more than 5 years. Compensating factors considered to waive exceptions. Owner,Originator Reviewer Comment (2021-07-29): Lender granted exception approval in file.
     07/29/2021 2 B   FL Investment Purchase   C B C B B B C B N/A N/A No
215686465 XXXX XXXX 100539   22390868     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Allow no housing history from[redacted] - [redacted] while borrowers lived with parents to save up for a new home (sold prior home [redacted] and purchased new home [redacted]) vs program requirement that borrowers without mortgage or rental housing history including borrowers living rent free are not eligible but will be considered on exception basis (Note: Borrowers current primary mortgage opened [redacted] reporting 0x30 since inception; and two closed mortgages paid as agreed history from[redacted] - [redacted].  Lender exception in file. Borrower has been employed in the same industry for more than 5 years. Compensating factors considered to waive exceptions. Owner,Originator Reviewer Comment (2021-07-29): Lender granted exception approval in file.
     07/29/2021 2 B   FL Investment Purchase   C B C B B B C B N/A N/A No
215686466 XXXX XXXX 100559   22390880     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided   Compliance report not provided       Reviewer Comment (2021-08-06): Document received, Exception Cleared


Buyer Comment (2021-08-03): Mavent for review
 08/06/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686466 XXXX XXXX 100559   22390883     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Loan discount points fee amount of $[redacted] exceeds tolerance of $[redacted]. No cure was provided to the borrower       Reviewer Comment (2021-08-04): Upon further review, valid changed circumstance was provided for fee increase.


Buyer Comment (2021-08-03): COC and Lock for review
 08/04/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM No
215686467 XXXX XXXX 100579   22390877     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.     The representative FICO score exceeds the guideline minimum by at least 40 points. FICO is 92 points over program minimum Owner,Originator Reviewer Comment (2021-08-02): Lender approved exception with comp factors
     08/02/2021 2 B   OR Investment Purchase   C B C B     A A     No
215686467 XXXX XXXX 100579   22390879     Credit Credit Miscellaneous Guideline Credit Exception:   Per Lender exception condition missing evidence of spouse housing history 0x30x12 - no forbearance       Reviewer Comment (2021-08-07): Received payment history of 19 months, exception cleared.


Buyer Comment (2021-08-03): [redacted]  is the only borrower on the loan, Spouse mortgage history is not material
 08/07/2021     1 A   OR Investment Purchase   C B C B     A A     No
215686468 XXXX XXXX 100587   22390884     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-08-06): Mavent Received. Exception cleared.


Buyer Comment (2021-08-04): Mavent for review
 08/06/2021     1 A   UT Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215686469 XXXX XXXX 100581   22390886     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Approval not provided       Reviewer Comment (2021-08-06): Received Loan approval on [redacted]. Exception cleared


Buyer Comment (2021-08-04): see approval
 08/06/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686469 XXXX XXXX 100581   22390889     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Ten percent fee tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted]. No cure was provided to the borrower       Reviewer Comment (2021-08-04): [redacted] Sufficient Cure provided at Closing.


Buyer Comment (2021-08-04): see executed reflecting cure was provided at closing
 08/04/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM No
215686469 XXXX XXXX 100581   22390891     Credit Guideline Guideline Issue Guideline Unacceptable assets were used for closing or reserves.   Personal bank accounts used for self employment income with a joint account holder listed who is not on the loan. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has been employed in the same industry for more than 5 years.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Borrowers FICO is 70 points above program minimum. Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-03): Lender approved exception with comp factors
     08/03/2021 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686469 XXXX XXXX 100581   22390892     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-08-04): Sufficient Cure Provided At Closing
   08/04/2021   1 A   CA Primary Purchase Final CD evidences Cure C B C B C A A A Non QM Non QM No
215686470 XXXX XXXX 100569   22390893     Credit Credit Credit Documentation Missing Document  Missing Document: Credit Report not provided           Reviewer Comment (2021-08-07): Received credit report, exception cleared.


Buyer Comment (2021-08-06): Uploaded Credit Report
 08/07/2021     1 A   PA Investment Purchase   D A D A     A A     No
215686470 XXXX XXXX 100569   22390895     Credit Credit Credit Calculation / Analysis Guideline Guideline Requirement: Representative FICO score discrepancy.           Reviewer Comment (2021-08-07): Received credit report, exception cleared.


Buyer Comment (2021-08-06): Uploaded Credit report. The Representative score meets the Underwriting Guidelines Section 2.8 SP I14
 08/07/2021     1 A   PA Investment Purchase   D A D A     A A     No
215686470 XXXX XXXX 100569   22390896     Credit Credit Credit Eligibility Credit Active Tradeline requirement not met. -         Reviewer Comment (2021-08-07): Received credit report, exception cleared.


Buyer Comment (2021-08-06): Uploaded Credit Report meets tradeline requirements
 08/07/2021     1 A   PA Investment Purchase   D A D A     A A     No
215686470 XXXX XXXX 100569   22390897     Credit Credit Credit Eligibility Credit Borrower has - Missing credit report from the loan file.       Reviewer Comment (2021-08-07): Received credit report, exception cleared.


Buyer Comment (2021-08-06): Uploaded Credit Report meets guidelines
 08/07/2021     1 A   PA Investment Purchase   D A D A     A A     No
215686470 XXXX XXXX 100569   22390898     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.           Reviewer Comment (2021-08-07): Received credit report, exception cleared.


Buyer Comment (2021-08-06): Uploaded the credit report that  reflects the Mortgage Pay  History requested. Please clear
 08/07/2021     1 A   PA Investment Purchase   D A D A     A A     No
215686471 XXXX XXXX 100592   22390901     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided             08/06/2021     1 A   AZ Primary Purchase   D A D A A A A A Non QM ATR Risk No
215686471 XXXX XXXX 100592   22390903     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.             08/06/2021     1 A   AZ Primary Purchase   D A D A A A A A Non QM ATR Risk No
215686471 XXXX XXXX 100592   22532930     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.             08/23/2021     1 A   AZ Primary Purchase   D A D A A A A A Non QM ATR Risk No
215686472 XXXX XXXX 100522   22390907     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Zero Percent Fee Tolerance exceeded. Appraisal Fee $[redacted] exceeds tolerance of $[redacted]acted]ender Creidt $[redacted] for increase in closing cost above legal limit shows on Final Closing Disclousre, page 2.       Reviewer Comment (2021-07-30): Sufficient Cure Provided At Closing
   07/30/2021   1 A   CA Primary Refinance - Rate/Term Final CD evidences Cure B B A A B B A A Non QM Non QM No
215686472 XXXX XXXX 100522   22390908     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Please provide a copy of the appraisal delivered to the borrower on [redacted]. Loan file contains [redacted] appraisal which is dated after the delivery date.       Buyer Comment (2021-08-04): [redacted] elects to waive this exception.
     08/04/2021 2 B   CA Primary Refinance - Rate/Term   B B A A B B A A Non QM Non QM No
215686473 XXXX XXXX 100483   22390909     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-08-06): Received , Exception cleared.


Buyer Comment (2021-08-06): see approval
 08/06/2021     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215686473 XXXX XXXX 100483   22390911     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-08-03): Sufficient Cure Provided At Closing
   08/03/2021   1 A   CA Primary Refinance - Rate/Term Final CD evidences Cure C A C A A A A A Non QM Non QM No
215686474 XXXX XXXX 100662   22390918     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-08-06): Received compliance report , Exception cleared.


Buyer Comment (2021-08-06): Mavent uploaded.
 08/06/2021     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215686474 XXXX XXXX 100662   22390919     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-08-09): Received Approval document - Exception cleared.


Buyer Comment (2021-08-09): RE-uploaded approval with correct loan amount.


Reviewer Comment (2021-08-06): Received approval document's loan amount is not matching with Note document , 1003 and also 1008 , Exception remains.
 08/09/2021     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215686474 XXXX XXXX 100662   22390920     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $66.20 exceeds tolerance of $50.00.  Sufficient or excess cure was provided to the borrower at Closing. Zero percent fee tolerance exceeded. Credit report fee $[redacted]acted], exceeds tolerance of $[redacted]acted]ender Credit $[redacted]acted], for increase in closing cost above legal limit, shows on Final CD, page 2.       Reviewer Comment (2021-08-03): Sufficient Cure Provided At Closing
   08/03/2021   1 A   CA Primary Refinance - Rate/Term Final CD evidences Cure C A C A A A A A Non QM Non QM No
215686474 XXXX XXXX 100662   22390922     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Loan file missing evidence of [redacted] mortgage payment.       Reviewer Comment (2021-08-06): Received  pay off statement on July 16 , exception cleared.


Buyer Comment (2021-08-06): [redacted]  statement is present and payoff statement is dated [redacted]  If this does not satisfy exception, please provide guideline or clarify why exception remains. Thank you.
 08/06/2021     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215686475 XXXX XXXX 100663   22390912     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-08-11): Considered , exception cleared.


Buyer Comment (2021-08-09): This is an investment loan - not material


Reviewer Comment (2021-08-06): Received compliance report is post dated to note date , Exception remains.


Buyer Comment (2021-08-06): see Compliance report
 08/11/2021     1 A   AZ Investment Purchase   D B C A D B A A N/A N/A No
215686475 XXXX XXXX 100663   22390915     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Missing ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure to consumer.         Buyer Comment (2021-08-06): [redacted] has elected to waive this exception
     08/06/2021 2 B   AZ Investment Purchase   D B C A D B A A N/A N/A No
215686475 XXXX XXXX 100663   22390916     Compliance Compliance Federal Compliance Missing Disclosure Notice of Special Flood Hazard Disclosure Not Provided Timely FDPA Notification Rule: Creditor did not provide a Notice of Special Flood Hazard Disclosure within a reasonable time prior to closing. Notice was provided to Borrower on [redacted], which is less than 10 days prior to the Note date of [redacted].       Buyer Comment (2021-08-06): [redacted] has elected to waive this exception
     08/06/2021 2 B   AZ Investment Purchase   D B C A D B A A N/A N/A No
215686475 XXXX XXXX 100663   22390917     Compliance Compliance Federal Compliance Missing, Incorrect, or Incomplete HUD-1 Missing Final HUD-1:  Title Co. Closing Statement Used For Fee Testing Missing Final HUD-1: Title Company Closing Statement used for any applicable Federal, State or Local compliance testing.         Reviewer Comment (2021-08-08): Received the document, Exception Cleared


Buyer Comment (2021-08-06): see final hud
 08/08/2021     1 A   AZ Investment Purchase   D B C A D B A A N/A N/A No
215686477 XXXX XXXX 100665   22390928     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. No valid COC in the file for the increased fee. Final CD reflected a cure, however it was not sufficient to cover all of the tolerance issues.       Reviewer Comment (2021-08-04): Sufficient Cure Provided At Closing
   08/04/2021   1 A   NJ Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM No
215686477 XXXX XXXX 100665   22390929     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan).  Fee Amount of $10.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. No valid COC in the file for the increased fee. Final CD reflected a cure, however it was not sufficient to cover all of the tolerance issues.       Reviewer Comment (2021-08-04): Sufficient Cure Provided At Closing
   08/04/2021   1 A   NJ Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM No
215686477 XXXX XXXX 100665   22390930     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Notice of Settlement Fee.  Fee Amount of $60.00 exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. No valid COC in the file for the increased fee. Final CD reflected a cure, however it was not sufficient to cover all of the tolerance issues.       Reviewer Comment (2021-08-04): Sufficient Cure Provided At Closing
   08/04/2021   1 A   NJ Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM No
215686477 XXXX XXXX 100665   22390931     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. No valid COC in the file for the increased fee. Final CD reflected a cure, however it was not sufficient to cover all of the tolerance issues.       Reviewer Comment (2021-08-04): Sufficient Cure Provided At Closing
   08/04/2021   1 A   NJ Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM No
215686477 XXXX XXXX 100665   22390932     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Missing the lender conditional approval.       Reviewer Comment (2021-08-09): Received Approval document - Exception cleared.
 08/09/2021     1 A   NJ Primary Purchase   C A C A A A A A Non QM Non QM No
215686479 XXXX XXXX 100667   22390933     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit       Reviewer Comment (2021-08-05): Sufficient Cure Provided At Closing
   08/05/2021   1 A   TX Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM No
215686480 XXXX XXXX 100668   22390938     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Missing Approval used to qualify the borrower for the SP A-10 program.       Reviewer Comment (2021-08-12): Received Approval document  , exception cleared.


Buyer Comment (2021-08-11): see Approval
 08/12/2021     1 A   FL Second Home Purchase   C B C A B B A A Non QM Non QM No
215686480 XXXX XXXX 100668   22390939     Compliance Compliance Federal Compliance Missing Disclosure Acknowledgement of Borrower Receipt of Notice of Special Flood Hazard Disclosure Missing FDPA Notification Rule: Creditor did not retain record of borrower's receipt of Notice of Special Flood Hazard Disclosure. Notice of Special Flood Hazard Disclosure was not signed by borrower.       Buyer Comment (2021-08-13): [redacted] has elected to waive this exception


Reviewer Comment (2021-08-12): Required Notice of Special Flood Hazard Disclosure all pages signed & dated  by borrower ,exception remains.


Buyer Comment (2021-08-11): See executed Flood Hazard Det
     08/13/2021 2 B   FL Second Home Purchase   C B C A B B A A Non QM Non QM No
215686530 XXXX XXXX 100430   22391034     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-06-18): Cleared


Buyer Comment (2021-06-16): Uploaded approval.
 06/18/2021     1 A   FL Investment Refinance - Cash-out - Other   C A C A     A A     No
215686530 XXXX XXXX 100430   22391036     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower is Non Permanent Resident. VISA missing to determine eligibility.       Reviewer Comment (2021-07-06): Cleared.


Buyer Comment (2021-07-01): See [redacted] guideline below. Borrower is a Canadian Citizen and provided an un-expired Passport. A Visa is not required. This should be sufficient per guidelines.
Section 4.7
A foreigner; Foreigners are subject to reduced loan to value limits and other special qualification requirements, and a pricing overlay. A copy of each non-citizens' unexpired passport must be included in the Mortgage File for identification and regulatory purposes and to ensure the non-person is not holding an "A" class (diplomatic visa) or "G" class (international organization visa). Non-citizens holding an "A" class (diplomatic visa) or "G" class (international organization visa) are ineligible for financing.


Reviewer Comment (2021-06-21): Missing evidence of Borrower citizenship status.


Buyer Comment (2021-06-18): The borrower is a Foreign National which doesn't require a Visa.  Uploaded a corrected 1003 showing the proper status and an approval on the loan from our Warehouse Lender.  Please clear this condition.
 07/06/2021     1 A   FL Investment Refinance - Cash-out - Other   C A C A     A A     No
215686531 XXXX XXXX 100418   22391041     Credit Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Final 1003           Reviewer Comment (2021-06-16): Cleared
 06/16/2021     1 A   NJ Investment Purchase   C B C B     A A     No
215686531 XXXX XXXX 100418   22391043     Credit Credit Miscellaneous Guideline Credit Exception:   Compliance Report not provided.       Reviewer Comment (2021-06-16): Cleared
 06/16/2021     1 A   NJ Investment Purchase   C B C B     A A     No
215686531 XXXX XXXX 100418   22391044     Credit Credit Miscellaneous Credit Reverification of rent is inconsistent with original VOR   Per Docs Borrower lives rent free which is not allowed per guides. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months. Reserves are [redacted] months over program minimum. Owner,Originator Reviewer Comment (2021-06-16): Lender approved Exception with comp factors
     06/16/2021 2 B   NJ Investment Purchase   C B C B     A A     No
215686531 XXXX XXXX 100418   22391045     Credit Asset Asset Documentation Asset Asset Issue:  Gift funds are missing evidence of receipt   Missing evidence of Donor withdraw and receipt.       Reviewer Comment (2021-06-21): Provided.


Reviewer Comment (2021-06-16): Donor Check received missing evidence of deposit into Borrowers account.
 06/21/2021     1 A   NJ Investment Purchase   C B C B     A A     No
215686532 XXXX XXXX 100440   22391037     Credit Credit Credit Documentation Credit Addresses on credit report casts doubt on business purpose of loan.   Current address listed on credit report is same as subject investment.       Reviewer Comment (2021-06-11): Clarification provided.


Buyer Comment (2021-06-09): borrower has rented the subject out as of [redacted]. lease agreements provided


Buyer Comment (2021-06-09): review of borrower application indicates that borrower moved to [redacted] 1 month prior to application and that borrower had lived at the subject property prior to that.
 06/11/2021     1 A   CA Investment Refinance - Cash-out - Other   C B C B     A A     No
215686532 XXXX XXXX 100440   22391039     Credit Guideline Guideline Issue Guideline Escrow waiver not allowed per guidelines.   Escrow waiver is not executed by Lender as required as guides       Reviewer Comment (2021-06-15): cleared


Reviewer Comment (2021-06-11): The guidelines require the Escrow waiver agreement to be executed by the Borrower and the lender.  The disclosure in the file is only signed by the borrower.


Buyer Comment (2021-06-09): business purpose loan allows for escrow waiver when LTV is less than 60% and tenant occupied.
 06/15/2021     1 A   CA Investment Refinance - Cash-out - Other   C B C B     A A     No
215686532 XXXX XXXX 100440   22391040     Credit Credit Miscellaneous Guideline Credit Exception:   Loan documents borrower lives rent free which is not allowed per guides. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The qualifying DSCR on the loan is greater than the guideline minimum.		 Compensating factor considered to waive exception. Owner

Owner

Originator		 Reviewer Comment (2021-07-06): Lender granted exception approval in file.


Buyer Comment (2021-06-30): APPROVED EXCEPTION added for your review


Reviewer Comment (2021-06-23): LOE received, but does not clear condition. Lender exception is required


Buyer Comment (2021-06-22): see loe from Loan Officer added for your review


Buyer Comment (2021-06-21): borrower was residing with his sister at Amador. Borrower doesn't have an obligation to that property.


Reviewer Comment (2021-06-11): Credit report verified housing history for subject property, which was the departing residence when purchased property on Amador.  Provide evidence Amador is owned free and clear to complete the most recent housing history required by guidelines.


Buyer Comment (2021-06-09): borrower lives at home he owns free and clear
     07/06/2021 2 B   CA Investment Refinance - Cash-out - Other   C B C B     A A     No
215686533 XXXX XXXX 100514   22391060     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.           Reviewer Comment (2021-07-06): Provided.


Buyer Comment (2021-07-01): see Credit Memo - landlord is an individual, not an institutional 3rd party, VOR is not required


Reviewer Comment (2021-06-30): Canceled checks in file please provide third party VOR


Buyer Comment (2021-06-24): see canceled checks used to support rent payment; Credit Memo reflects if VOM or VOR is obtained canceled checks must be obtained to confirm rental payments
 07/06/2021     1 A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
215686533 XXXX XXXX 100514   22391061     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.         Buyer Comment (2021-06-24): [redacted] has elected to waive this exception
     06/24/2021 2 B   CA Primary Purchase   C B C A C B A A Non QM Non QM No
215686533 XXXX XXXX 100514   22391064     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower. : Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee. Fee Amount of $[redacted] exceeds tolerance of $0.00.       Reviewer Comment (2021-06-25): [redacted] Received COC dated [redacted].


Buyer Comment (2021-06-24): see COC
 06/25/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215686533 XXXX XXXX 100514   22391065     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded for Appraisal Fee. Fee Amount of $[redacted] exceeds tolerance of $[redacted].       Reviewer Comment (2021-06-25): [redacted] Sufficient Cure provided at Closing.


Buyer Comment (2021-06-24): Section J of the CD reflects $[redacted] cure provided at closing. $[redacted] for under disclosed reinspection fee and $[redacted] under disclosed appraisal fee
 06/25/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215686533 XXXX XXXX 100514   22391066     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Insufficient or no cure was provided to the borrower.  Zero Percent Fee Tolerance exceeded for Reinspection Fee. Fee Amount of $[redacted] exceeds tolerance of $0.00.       Reviewer Comment (2021-06-25): [redacted] Sufficient Cure provided at Closing.


Buyer Comment (2021-06-24): Section J of the CD reflects $[redacted] cure provided at closing. $[redacted] for under disclosed reinspection fee and $[redacted] under disclosed appraisal fee
 06/25/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215686533 XXXX XXXX 100514   22391068     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   Approval not in file.       Reviewer Comment (2021-06-30): Cleared


Buyer Comment (2021-06-24): see Approval
 06/30/2021     1 A   CA Primary Purchase   C B C A C B A A Non QM Non QM No
215686533 XXXX XXXX 100514   22391069     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-06-25): Sufficient Cure Provided At Closing
   06/25/2021   1 A   CA Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
215686533 XXXX XXXX 100514   22391070     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-06-25): Sufficient Cure Provided At Closing
   06/25/2021   1 A   CA Primary Purchase Final CD evidences Cure C B C A C B A A Non QM Non QM Yes
215686534 XXXX XXXX 100484   22391051     Credit Credit Credit Eligibility Guideline There are red flags on the fraud report that have not been addressed -           07/06/2021     1 A   NJ Primary Purchase   C B C A C B A A Non QM Non QM No
215686534 XXXX XXXX 100484   22391052     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower.             06/28/2021   2 B   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215686534 XXXX XXXX 100484   22391054     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [redacted] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.)             07/07/2021   1 A   NJ Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
215686534 XXXX XXXX 100484   22391055     Credit Income / Employment Income Documentation Income / Employment Large deposits were not sourced and/or letter of explanation was not provided.             06/30/2021     1 A   NJ Primary Purchase   C B C A C B A A Non QM Non QM No
215686534 XXXX XXXX 100484   22391056     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided             06/22/2021     1 A   NJ Primary Purchase   C B C A C B A A Non QM Non QM No
215686534 XXXX XXXX 100484   22391057     Credit Credit Miscellaneous Guideline Credit Exception:             06/30/2021     1 A   NJ Primary Purchase   C B C A C B A A Non QM Non QM No
215686534 XXXX XXXX 100484   22391058     Credit Credit Miscellaneous Guideline Credit Exception:             06/30/2021     1 A   NJ Primary Purchase   C B C A C B A A Non QM Non QM No
215686535 XXXX XXXX 100475   22391046     Compliance Loan Package Documentation Loan File Incomplete File (Missing Doc) Incomplete loan images/file   Warranty Deed from [redacted] and [redacted], as Trustees of the [redacted] Trust Dated [redacted] to [redacted] and [redacted], Husband and Wife is not signed and notarized.       Reviewer Comment (2021-06-30): Closed in trust. Clear.


Buyer Comment (2021-06-25): Uploaded DOT for mortgage name and Title Commitment current vesting page.
 06/30/2021     1 A   AZ Primary Refinance - Rate/Term   D B A A D B A A Non QM Non QM No
215686535 XXXX XXXX 100475   22391047     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance for increased Loan Discount Fee amount disclosed in Initial Closing Disclosure dated[redacted].  Final Closing Disclosure does not disclose Lender's cure credit for $[redacted] tolerance amount       Reviewer Comment (2021-07-02): [redacted] received valid COC for increased in loan discount


Buyer Comment (2021-07-01): Uploaded COC's and reasons for LE's [redacted] and [redacted]


Reviewer Comment (2021-07-01): [redacted] received COC for CD dated [redacted]for increased in loan discount. However, the Loan discount was increased from $[redacted] to 4,613 on LE dated [redacted]and again loan discount increased from $[redacted] to $[redacted] on LE dated [redacted]without any valid COC. Please provide valid COC for revised LE dated [redacted]and 05/24.


Buyer Comment (2021-06-25): Uploaded COC for $[redacted]
 07/02/2021     1 A   AZ Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B A A D B A A Non QM Non QM Yes
215686535 XXXX XXXX 100475   22391048     Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form TILA Rescission - Disbursement Date Less than 3 Business Days From Transaction Date Truth in Lending Act:  Subject loan transaction disbursed on [redacted], prior to three (3) business days from transaction date of [redacted]. 6/[redacted] disbursement date =[redacted] RTC expiration date       Reviewer Comment (2021-07-01): LOX, Rescission reopened and proof of delivery.


Buyer Comment (2021-06-25): Uploaded Re-opened NORTC documentation
   07/01/2021   2 B   AZ Primary Refinance - Rate/Term TILA ROR - Provide the following: Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form D B A A D B A A Non QM Non QM Yes
215686536 XXXX XXXX 100476   22391071     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided           Reviewer Comment (2021-06-19): Cleared


Buyer Comment (2021-06-17): Uploaded Grant Deed.


Buyer Comment (2021-06-16): The Preliminary Title Policy and the Tax Cert validated the borrowers owns the subject property. The underwriting guidelines for Non QM does not require a Warrant Deed or Quit Claim deed for a refinance loan, since ownership of the property has been provided in the upload of documents. Therefore please clear this exception.


Reviewer Comment (2021-06-16): Warranty Deed not provided. Condition remains.


Buyer Comment (2021-06-14): Uploaded the Tax Cert and the Preliminary Title Policy that reflects Title to said estate or interest is vested in the  subject borrowers name. Please clear.
 06/19/2021     1 A   CA Primary Refinance - Rate/Term   D A D A A A A A Non QM Non QM No
215686536 XXXX XXXX 100476   22391073     Credit Credit Miscellaneous Guideline Credit Exception:   Provide bank statement for account [redacted] for [redacted]l and [redacted] [redacted], and [redacted] and [redacted] [redacted]       Reviewer Comment (2021-07-06): Provided.


Buyer Comment (2021-06-30): Uploaded bank statements requested for [redacted] and [redacted] , and [redacted] and [redacted] . Please clear and mark completed.


Reviewer Comment (2021-06-19): [redacted]  received. [redacted] , [redacted]  and [redacted]  statements do not reflect anything for account [redacted]


Buyer Comment (2021-06-16): Bank statement for account[redacted] for [redacted] and [redacted] , and [redacted] and [redacted] .


Reviewer Comment (2021-06-16): Unable to locate [redacted]  statement. [redacted] , [redacted]  and [redacted]  statements do not reflect account 0560-02 they only reflect account 0560-08


Buyer Comment (2021-06-14): The bank statements requested are included in the bank statements uploaded. Please clear.
 07/06/2021     1 A   CA Primary Refinance - Rate/Term   D A D A A A A A Non QM Non QM No
215686537 XXXX XXXX 100491   22391076     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure does not disclose a Lender cure credit for $[redacted] tolerance.       Reviewer Comment (2021-06-11): Sufficient Cure Provided At Closing
   06/11/2021   1 A   IA Primary Purchase Final CD evidences Cure C A A A C A A A Non QM Non QM Yes
215686537 XXXX XXXX 100491   22391078     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.         Reviewer Comment (2021-06-23): Thank you for clarification that the change was clerical.  This condition has been cleared.


Buyer Comment (2021-06-21): Good Morning, I am being told that the appraisal delivery to the borrower on [redacted]  is sufficient.  The appraisal in [redacted]'s name completed on 5-14 did not have to be redisclosed to the borrower, there were no changes to the report made  but the Lender/Client Information changed to our name.  If this is not incorrect could you provide me with the guide that all subsequent reports must be provided to the borrower?


Reviewer Comment (2021-06-16): it appears the appraisal was updated. please provide proof the updated appraisal was provided to the borrower.


Buyer Comment (2021-06-15): Appraisal was transferred to [redacted] on [redacted].  The letter is attached for your review. The original appraisal  was completed on [redacted] and was transferred to [redacted] on [redacted]. On [redacted] the report was sent to the borrowers.  [redacted]'s policy is that the appraisal must be in our name so the appraisal in [redacted]'s name was completed on [redacted].
 06/23/2021     1 A   IA Primary Purchase   C A A A C A A A Non QM Non QM No
215686537 XXXX XXXX 100491   22391082     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance. Final Closing Disclosure does not disclose a Lender cure credit for tolerance.       Reviewer Comment (2021-07-06): [redacted] Received COC dated [redacted]showing lock extended.


Buyer Comment (2021-06-30): I have updated the COC for your review.  The cost to extend the lock on [redacted]  was .125% = $[redacted].  I also uploaded the original lock from [redacted]  and lock extension from [redacted]  for your review.


Reviewer Comment (2021-06-29): [redacted] Received COC and Anti Steering disclosure is not acceptable as Interest rate is not changed from LE to Final CD and it is constant as $[redacted]5%. Provide Valid COC for increased discount point fee on CD dated [redacted]or provide PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-06-23): Good Morning!  The interest rate changed on [redacted]  creating the COC, discount points changed to $[redacted].  I have attached snapshots of the changes made plus the Anti Steering Disclosure for your review.  I hope I am giving you the correct documentation!


Reviewer Comment (2021-06-23): [redacted] Received COC dated [redacted]showing Rate Changed; however, rate did not changed after compare to CD dated [redacted]. Please provide Valid COC with correct information or provide PCCD, LOE, Refund Check and Proof of Mailing to Cure.


Buyer Comment (2021-06-16): I have uploaded the disclosure tracking form with all COC's for your review.
 07/06/2021     1 A   IA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
215686537 XXXX XXXX 100491   22391084     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Final Closing Disclosure discloses a Lender cure credit for $[redacted] Appraisal fee tolerance.       Reviewer Comment (2021-06-23): [redacted] Sufficient Cure provided at Closing.


Buyer Comment (2021-06-16): Please provide what to further provide.  A credit was given at closing pursuant to the CD for $[redacted]
 06/23/2021     1 A   IA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
215686538 XXXX XXXX 100478   22391079     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower has no housing history since December 2020 when prior home was sold.  Guidelines indicate borrowers living rent free are not eligible but will be considered on an exception basis. The representative FICO score exceeds the guideline minimum by at least 40 points.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		   Owner

Owner

Owner		 Reviewer Comment (2021-06-21): Lender granted an exception
     06/21/2021 2 B   NY Primary Purchase   B B B B A A A A Non QM Non QM No
215686538 XXXX XXXX 100478   22391080     Credit Credit Miscellaneous Guideline Credit Exception:   Appraisal was not ordered through an appraisal management company as required by guidelines The representative FICO score exceeds the guideline minimum by at least 40 points.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		   Owner

Owner

Owner		 Reviewer Comment (2021-06-21): Lender granted an exception.
     06/21/2021 2 B   NY Primary Purchase   B B B B A A A A Non QM Non QM No
215686539 XXXX XXXX 100489   22391081     Credit Credit Miscellaneous Guideline Credit Exception:   Missing consecutive cancelled checks or monthly bank statements for the recent 11 months prior Note date to support Verification of Rent completed by private party to support verification of current housing history and using history towards meeting tradeline requirement       Reviewer Comment (2021-06-22): VOR for most recent 12 months does not need canceled checks as it is not from a financial institution, as required by guidelines.


Buyer Comment (2021-06-18): VOR for monthly housing payment
 06/22/2021     1 A   TN Primary Purchase   C A C A C A A A Non QM Non QM No
215686539 XXXX XXXX 100489   22391083     Credit Credit Credit Calculation / Analysis Credit Guideline Issue:  Insufficient tradelines per credit guidelines   1 tradeline active within the last 12 months vs. requirement  2 of the tradelines must have been active within the last twelve months.  Missing consecutive cancelled checks or monthly bank statements for the recent 11 months prior Note date to support Verification of Rent completed by private party to support using history towards meeting tradeline requirement.       Reviewer Comment (2021-06-22): VOR meets requirement without canceled checks, since most recent 12 months are not from a financial institution.


Buyer Comment (2021-06-18): VOR for current and previous
 06/22/2021     1 A   TN Primary Purchase   C A C A C A A A Non QM Non QM No
215686539 XXXX XXXX 100489   22391086     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-06-22): Provided.


Buyer Comment (2021-06-18): Approval uploaded
 06/22/2021     1 A   TN Primary Purchase   C A C A C A A A Non QM Non QM No
215686539 XXXX XXXX 100489   22391087     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003   Missing Broker's and Lender's initial 1003 (signed and dated)       Reviewer Comment (2021-06-22): Provided.


Buyer Comment (2021-06-18): Initial 1003 signed and dated
 06/22/2021     1 A   TN Primary Purchase   C A C A C A A A Non QM Non QM No
215686539 XXXX XXXX 100489   22391088     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Earliest Closing Disclosure provided at closing       Reviewer Comment (2021-07-06): CD provided.


Buyer Comment (2021-06-28): Initial CD and disclosure tracking uploaded on [redacted] . Please provide an update


Buyer Comment (2021-06-18): Initial CD issued[redacted], Received[redacted]
 07/06/2021     1 A   TN Primary Purchase No Defined Cure C A C A C A A A Non QM Non QM No
215686539 XXXX XXXX 100489   22391090     Compliance Compliance Federal Compliance TILA TILA NMLSR - Missing NMLS Information on 1003 Truth in Lending Act (NMLSR Dodd- Frank 2014): NMLSR information not present on loan application.         Reviewer Comment (2021-06-22): Broker initial 1003 provided and NMLS data search completed.


Buyer Comment (2021-06-18): Initial and Final 1003 both have NMLS information that match NMLS search
 06/22/2021     1 A   TN Primary Purchase Need evidence that lender provided consumer with accurate NMLS information post close (updated 1003) C A C A C A A A Non QM Non QM Yes
215686539 XXXX XXXX 100489   22391091     Compliance Compliance Federal Compliance TILA TILA NMLSR - Originator Company NMLS information on documents does not match NMLS website Unable to test Loan Originator Organization match due to missing information.         Reviewer Comment (2021-06-22): Broker initial 1003 provided and NMLS data search completed.


Buyer Comment (2021-06-18): All NMLS information
 06/22/2021     1 A   TN Primary Purchase   C A C A C A A A Non QM Non QM Yes
215686539 XXXX XXXX 100489   22391092     Compliance Compliance Federal Compliance TILA TILA NMLSR - Individual Originator NMLS information on documents does not match NMLS website Unable to test Individual Loan Originator NMLSR status due to missing information.         Reviewer Comment (2021-06-22): Broker initial 1003 provided and NMLS data search completed.
 06/22/2021     1 A   TN Primary Purchase   C A C A C A A A Non QM Non QM Yes
215686539 XXXX XXXX 100489   22391093     Compliance Compliance Federal Compliance TILA TILA NMLSR - Missing NMLS Information on Security Instrument Truth in Lending Act (NMLSR Dodd- Frank 2014): NMLSR information not present on Security Instrument.         Reviewer Comment (2021-06-22): Broker initial 1003 provided and NMLS data search completed.


Buyer Comment (2021-06-18): See page 10 of deed of trust.
 06/22/2021     1 A   TN Primary Purchase Need evidence that lender provided consumer with accurate NMLS information post close (addendum to Security Instrument) C A C A C A A A Non QM Non QM Yes
215686539 XXXX XXXX 100489   22391094     Compliance Compliance Federal Compliance TILA TILA NMLSR - Missing NMLS Information on Note Truth in Lending Act (NMLSR Dodd- Frank 2014): NMLSR information not present on Note.         Reviewer Comment (2021-06-22): Broker initial 1003 provided and NMLS data search completed.


Buyer Comment (2021-06-18): See page 3 with NMLS information that matches NMLS search
 06/22/2021     1 A   TN Primary Purchase Need evidence that lender provided consumer with accurate NMLS information post close (amended Note) C A C A C A A A Non QM Non QM Yes
215686539 XXXX XXXX 100489   22391095     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for Appraisal fee tolerance violation.       Reviewer Comment (2021-06-15): Sufficient Cure Provided At Closing
   06/15/2021   1 A   TN Primary Purchase Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
215686540 XXXX XXXX 100488   22391111     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-06-18): Cleared


Buyer Comment (2021-06-16): approval added for your review
 06/18/2021     1 A   NV Second Home Purchase   C B C B C B A A Non QM Non QM No
215686540 XXXX XXXX 100488   22391112     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00  is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted]. Missing Change of Circumstance for reduction in the Lender credit       Reviewer Comment (2021-07-02): [redacted] received  VCC, exception is cleared.


Buyer Comment (2021-06-16): appraisal value came in different, loan amount changed
 07/02/2021     1 A   NV Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215686540 XXXX XXXX 100488   22391113     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance for increased recording fees.  Final Closing Disclosure does not disclose a Lender credit for $[redacted] tolerance amount.       Reviewer Comment (2021-06-24): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-06-17): cure issued to borrower, docs provided for your review.
   06/24/2021   2 B   NV Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215686540 XXXX XXXX 100488   22391114     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance for fee disclosed in Final Closing Disclosure dated 6[redacted].   Final Closing Disclosure does not disclose a Lender credit for $[redacted] tolerance amount.       Reviewer Comment (2021-06-30): [redacted] received a valid COC for the increased fee in the loan file.


Buyer Comment (2021-06-24): coc forms added for your review


Reviewer Comment (2021-06-24): [redacted] required a valid COC for the increased fee on Cd dated [redacted] of $[redacted] and also on CD [redacted] of $[redacted] in order to cure the exception or provide cure documents i.e.. corrected Cd,proof of mailing,LOX and copy of refund check,


Buyer Comment (2021-06-17): baseline set when the loan locked, revised LE sent [redacted], then on [redacted] the loan was priced with the fees in and redisclosed.
 06/30/2021     1 A   NV Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215686540 XXXX XXXX 100488   22391115     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing Missing internet (list site or print page) referenced on VVOE completed by Lender       Reviewer Comment (2021-06-22): Realtor license and VVOE from current broker office verified 2 years at current location.


Buyer Comment (2021-06-18): see loe added for your review


Reviewer Comment (2021-06-18): License lookup only reflects how long Borrower has held license. Need confirmation of how long Borrower has been with current employer per internet search as reflected on VOE.


Buyer Comment (2021-06-16): SEE LICENSE LOOK UP, BORROWER START DATE 1993
 06/22/2021     1 A   NV Second Home Purchase   C B C B C B A A Non QM Non QM No
215686540 XXXX XXXX 100488   22391116     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing:   Missing satisfactory proof of Borrower's 2 years self-employment, no CPA letter, third party documentation, internet searches etc.       Reviewer Comment (2021-06-22): Realtor license and VVOE from current broker office verified 2 years at current location.


Buyer Comment (2021-06-18): borrower is a 1099 employee per LOE, borrower works for a brokerage.


Reviewer Comment (2021-06-18): Entity listing only reflects how long Borrower has had license. Missing evidence Internet search per VOE for how long borrower has been with current employer.


Buyer Comment (2021-06-16): SEE LICENSE INFORMATION, ADDED FOR YOUR REVIEW, BORROWER START DATE [redacted]
 06/22/2021     1 A   NV Second Home Purchase   C B C B C B A A Non QM Non QM No
215686540 XXXX XXXX 100488   22391118     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. [redacted]% > 50% A10 - Bank Statement program.  Lender's [redacted]% > 50%.  Lender's Exception Approval is in file Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 777 > [redacted] Owner

Owner,Originator		 Reviewer Comment (2021-06-15): Approved lender exception in file.
     06/15/2021 2 B   NV Second Home Purchase   C B C B C B A A Non QM Non QM No
215686540 XXXX XXXX 100488   22391119     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. DTI > maximum       Reviewer Comment (2021-06-18): DTI credit exception waived.


Buyer Comment (2021-06-16): PLEASE CLARIFY WHAT IS NEEDED TO CLEAR THIS FINDING
 06/18/2021     1 A   NV Second Home Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM Yes
215686540 XXXX XXXX 100488   22391121     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) [redacted]% > 50% A10 - Bank Statement program.  Lender's [redacted]% > 50%.  Lender's Exception Approval is in file Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has been employed in the same industry for more than 5 years.		   Owner

Owner		 Reviewer Comment (2021-06-18): Lender approved exception w comp factors


Buyer Comment (2021-06-16): It appears that with the approved exception that you've cited is in the file, this finding should be clear. Please advise.
     06/18/2021 2 B   NV Second Home Purchase   C B C B C B A A Non QM Non QM No
215686541 XXXX XXXX 100530   22391105     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___ Index is Libor - 1 Year (Daily). Application date is after 10[redacted]Loan is not agency salable.       Buyer Comment (2021-06-18): replacement verbiage is in the note for the margin and the index. ok to waive
     06/18/2021 2 B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686541 XXXX XXXX 100530   22391106     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. -         Reviewer Comment (2021-06-21): Provided.


Buyer Comment (2021-06-17): TAX RECORD ADDED FOR YOUR REVIEW
 06/21/2021     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686541 XXXX XXXX 100530   22391107     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Qual Method differs from ATR result is Understated DTI Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not adhere with ATR payment calculation methods under 1026.43(c)(5), the method rendered a DTI less than that prescribed under ATR. Qualification Method used by Lender does not adhere with ATR payment calculation methods, Lender used[redacted]% for start rate.       Reviewer Comment (2021-06-21): Qualifying rate updated.


Buyer Comment (2021-06-17): it appears that the start rate used is 4.812 and that the final qual rate is 5.641. Please advise which document is reflecting 5.641 as the start rate.
 06/21/2021     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686541 XXXX XXXX 100530   22391108     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted]  is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted]. Zero percent tolerane exceeded. Final Lender Credit of $[redacted] is less than amount of binding lender credit previously disclosed in the amount of $[redacted]o cure located in file.       Reviewer Comment (2021-07-02): Valid COC for change in loan amount.


Buyer Comment (2021-06-17): LOAN AMOUNT REDUCED, LENDER CREDIT REDUCED
 07/02/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215686541 XXXX XXXX 100530   22391109     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Zero Percent fee tolerance exceeded. Appraisal Fee $[redacted], exceeds tolerance of $[redacted]. No cure located in file.       Reviewer Comment (2021-07-01): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-06-28): CURE DOCUMENTS ADDED FOR YOUR REVIEW


Reviewer Comment (2021-06-24): The Appraisal fee increased on CD dated 05/26 of $[redacted] from $[redacted]0 from initial LE .Please provide additional cure for the increased fee or provide supporting documents .


Buyer Comment (2021-06-17): tolerance cure issued at closing, please review CD signed at closing
   07/01/2021   2 B   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215686541 XXXX XXXX 100530   22391110     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent fee tolerance exceeded. Second Appraisal Fee $[redacted], exceeds tolerance of $[redacted]ender credit of $[redacted] for increase in closing cost above legal limit shows on Final Closing Disclosure. page 2.       Reviewer Comment (2021-06-24): [redacted] received cured at closing for the increased fee in the fee.


Buyer Comment (2021-06-17): this appears to be a duplicate finding, cure was issued on cd signed at closing.
 06/24/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215686542 XXXX XXXX 100472   22391096     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - ___ Missing satisfactory evidence Co-borrower's primary residence XXXX is owned free and clear recent 12 months.       Reviewer Comment (2021-06-02): cleared
 06/02/2021     1 A   NJ Primary Purchase   D A D A C A A A Non QM Non QM No
215686542 XXXX XXXX 100472   22391097     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Deeds / Warranty / Grant / Quit-Claim not provided   Missing Deeds / Warranty / Grant / Quit-Claim from XXXX, Unmarried to [redacted]       Reviewer Comment (2021-06-02): cleared
 06/02/2021     1 A   NJ Primary Purchase   D A D A C A A A Non QM Non QM No
215686542 XXXX XXXX 100472   22391098     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Flood Certification (Life Of Loan).  Fee Amount of $10.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. CSM to review       Reviewer Comment (2021-06-04): [redacted] Borrower shopped for Service.


Buyer Comment (2021-06-03): initial LE disclosed flood
 06/04/2021     1 A   NJ Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D A D A C A A A Non QM Non QM Yes
215686542 XXXX XXXX 100472   22391100     Credit Missing Document General Missing Document Missing Document: Borrower Ability to Repay Attestation not provided           Reviewer Comment (2021-06-21): Cleared


Reviewer Comment (2021-06-16): please provide the attestation


Reviewer Comment (2021-06-07): This is incorrect. Please provide the attestation.


Buyer Comment (2021-06-03): ATR is only required under Reg Z for QM loans.  This is a non-qm loan.
 06/21/2021     1 A   NJ Primary Purchase   D A D A C A A A Non QM Non QM No
215686542 XXXX XXXX 100472   22391101     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-06-07): Cleared
 06/07/2021     1 A   NJ Primary Purchase   D A D A C A A A Non QM Non QM No
215686543 XXXX XXXX 100434   22391134     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-06-10): [redacted] has elected to waive
     06/10/2021 2 B   NY Primary Purchase   C B B B C A A A Non QM Non QM No
215686543 XXXX XXXX 100434   22391135     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure No Seller Paid Fees Primary Residence First Lien TRID Final Closing Disclosure [redacted] on a first lien purchase transaction did not disclose any Seller paid fees/charges on page 2. (Points and Fees testing limited to Borrower paid fees.) First lien purchase transaction did not disclose any Seller paid fees       Reviewer Comment (2021-06-15): [redacted] received Seller CD
 06/15/2021     1 A   NY Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C A A A Non QM Non QM Yes
215686543 XXXX XXXX 100434   22391137     Compliance Compliance Federal Compliance TILA CHARM Booklet Disclosure Status TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower. File did not contain any evidence the CHARM Booklet was provided to the borrower.       Reviewer Comment (2021-06-16): Cleared
 06/16/2021     1 A   NY Primary Purchase No Defined Cure C B B B C A A A Non QM Non QM No
215686543 XXXX XXXX 100434   22391138     Compliance Compliance Federal Compliance TRID TRID Seller Closing Disclosure Contains Fees not reflected on Consumer's Final Closing Disclosure TILA-RESPA Integrated Disclosure: the Seller's final CD contained fees not reflected on the consumer's CD. Seller CD reflects seller paid costs not reflected on Borrower's Final CD       Reviewer Comment (2021-06-17): [redacted] received updated Seller CD, exception is cleared.
 06/17/2021     1 A   NY Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C A A A Non QM Non QM Yes
215686544 XXXX XXXX 100487   22391128     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Lender Exception in file D 0420. The representative FICO score exceeds the guideline minimum by at least 40 points.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Lender compensating factor Owner

Owner

Owner,Originator		 Reviewer Comment (2021-06-10): Lender granted exception
     06/10/2021 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686544 XXXX XXXX 100487   22391129     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-06-29): This is grade 2 and can be waived.


Buyer Comment (2021-06-29): This is a Grade 2, exception can be waived.


Reviewer Comment (2021-06-18): we can not clear. This condition can only be waived.  Please advise if you would like to waive it


Buyer Comment (2021-06-18): N/A-Please clear
     06/29/2021 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686544 XXXX XXXX 100487   22391130     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - Missing Mortgage Statement, Hazard Policy, and Property Tax information for the property located at 204 E Oceanfront, Newport Beach, CA.       Reviewer Comment (2021-06-23): 1st pmt letter for property indicates escrows and confirms PITI - cleared.


Buyer Comment (2021-06-18): Please note that additional documentation for [redacted] can be located in loan #[redacted] but please let me know if there is any other documentation you wish me to upload for your review.  Thank you.


Reviewer Comment (2021-06-18): Nothing Provided for this exception
 06/23/2021     1 A   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686544 XXXX XXXX 100487   22391131     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted]  is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted]. 0% Tolerance exceeded by -$[redacted] for Lender Credits. Final Lender Credit of $[redacted] is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted].  The file did not contain a valid COC for the reduction in the credit and there was no evidence of a tolerance cure.       Reviewer Comment (2021-06-24): [redacted] received changed circumstance.


Buyer Comment (2021-06-16): The loan was locked on 5-21 at the net price of 101.853 which = $[redacted].  Please also refer to the disclosure tracking form I have also uploaded for all COC's.
 06/24/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C A A A Non QM Non QM Yes
215686544 XXXX XXXX 100487   22391132     Compliance Compliance Federal Compliance TILA ARM Disclosure Timing Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application.         Reviewer Comment (2021-06-18): Cleared


Buyer Comment (2021-06-16): I have uploaded the disclosure tracking information form as well as the Initial Adjustable Rate Mortgage Loan Information Disclosure signed by the borrower for your review.
 06/18/2021     1 A   CA Primary Purchase No Defined Cure C B C B C A A A Non QM Non QM No
215686544 XXXX XXXX 100487   22391133     Credit Credit Miscellaneous Guideline Credit Exception:   One of the businesses being used to qualify has only been owned by the borrower for 20 months vs the 24 months required for the 24 mo bank statement program. The representative FICO score exceeds the guideline minimum by at least 40 points.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 Lender compensating factor Owner

Owner

Owner,Originator		 Reviewer Comment (2021-06-10): Lender granted an exception
     06/10/2021 2 B   CA Primary Purchase   C B C B C A A A Non QM Non QM No
215686545 XXXX XXXX 100464   22391123     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. The only CD in the loan file was dated the same day as closing.       Reviewer Comment (2021-06-08): [redacted] received[redacted] Initial CD & proof of receipt


Buyer Comment (2021-06-07): See disclosure tracking; initial and subsequent CD's provided to borrower
 06/08/2021     1 A   CA Primary Refinance - Rate/Term No Defined Cure C A C A C A A A Non QM Non QM No
215686545 XXXX XXXX 100464   22391124     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted]  is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted]. Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted] is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted].  Final CD reflected a tolerance cure, but it was not sufficient to cure all tolerance issues.       Reviewer Comment (2021-06-08): [redacted] received[redacted] Revised CD and changed circumstance dated[redacted].


Buyer Comment (2021-06-07): The lender credit amount is .0025, the loan amount reduced on the CD disclosed[redacted], the percentage of the lender credit remained the same.
 06/08/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686545 XXXX XXXX 100464   22391125     Credit Credit Miscellaneous Guideline Credit Exception:   Guidelines require that the borrower be self-employed for at least 2 years, and although the CPA letter in file generically indicates the borrower has been self-employed for 10 years, the other documentation in the file indicates the business was just registered with the state [redacted].  Documentation of the existence of the business for at least 2 years was not provided.       Reviewer Comment (2021-07-07): cleared


Reviewer Comment (2021-06-11): Need third party documentation to support the CPA letter as the business listing does not support the two years of self employment.


Buyer Comment (2021-06-09): CPA also states that the borrower has been a XXXX during the time that the CPA has been preparing the borrowers taxes, more than 10 years.


Buyer Comment (2021-06-09): CPA letter as well as borrower LOE for business / home based business. Borrower business requires NMLS registration as well as the Brokers License which would be in effect at time that borrower would conduct business as Agent/Broker. CPA letter stating borrower has been self employed should suffice. CPA has been her tax preparer for more than 10 years.


Reviewer Comment (2021-06-08): Unable to determine if the documentation provided is dated prior to close as it isn't dated.


Buyer Comment (2021-06-07): see additional license information for borrower voe
 07/07/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686546 XXXX XXXX 100534   22391141     Credit Credit Miscellaneous Guideline Credit Exception:   Appraiser Certification of Non Influence not provided.       Reviewer Comment (2021-07-06): Provided.


Buyer Comment (2021-06-30): Uploaded appraiser's of non-influence


Buyer Comment (2021-06-30): Please provide specific detail regarding of non-influence?
 07/06/2021     1 A   CA Investment Purchase   C A C A     A A     No
215686546 XXXX XXXX 100534   22391142     Credit Credit Miscellaneous Guideline Credit Exception:   Verification of rent not supported by bank statements provided.       Reviewer Comment (2021-07-06): Cleared.


Buyer Comment (2021-06-30): Refer to LOE and payment history for VOR.
 07/06/2021     1 A   CA Investment Purchase   C A C A     A A     No
215686546 XXXX XXXX 100534   22391143     Credit Asset Asset Documentation Asset Asset documentation is missing from the file and required per guidelines.   Missing evidence of Donor withdraw for all Gift Funds and evidence of receipt of  17K gift fund by Borrower.       Reviewer Comment (2021-07-06): Provided.


Buyer Comment (2021-06-30): See donor's withdrawal statement
 07/06/2021     1 A   CA Investment Purchase   C A C A     A A     No
215686547 XXXX XXXX 100506   22391149     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Second appraisal not provided       Reviewer Comment (2021-07-01): provided


Buyer Comment (2021-06-26): Uploaded appraisals.
 07/01/2021     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
215686547 XXXX XXXX 100506   22391150     Property Valuation Valuation Issue Valuation The desk review has a effective date that is other than what the appraisal effective date is. The desk review should have the same effective date as the appraisal   Desk review effective date of 5[redacted] doers not match the appraisal effective date of[redacted]       Reviewer Comment (2021-07-01): Cleared


Buyer Comment (2021-06-26): The desk review shows an effective date of 5/08 which is the effective date of the first appraisal.
 07/01/2021     1 A   CA Primary Purchase   D B D A C B C A Non QM Non QM No
215686547 XXXX XXXX 100506   22391151     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Administration fee amount of $[redacted].00 exceeds tolerance of $0.00. No cure was provided to he borrower.       Reviewer Comment (2021-06-30): [redacted] Received  PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-06-28): See uploaded refund documentation.
   06/30/2021   2 B   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B C A Non QM Non QM Yes
215686547 XXXX XXXX 100506   22391152     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Appraisal fee amount of $[redacted] exceeds tolerance of $[redacted]. No cure was provided to the borrower       Reviewer Comment (2021-06-30): [redacted] Sufficient Cure provided at Closing.


Buyer Comment (2021-06-26): Uploaded CD showing Lender Credit.
 06/30/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B C A Non QM Non QM Yes
215686548 XXXX XXXX 100536   22391147     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - Loan file is missing a mortgage stmt for the first mortgage on the property and verification of the insurance.       Reviewer Comment (2021-07-01): Cleared


Buyer Comment (2021-06-30): This document was uploaded on Monday. My comment & document are missing from the comment log. Don't know why.  Please clear this condition.
 07/01/2021     1 A   FL Investment Purchase   C A C A A A A A N/A N/A No
215686549 XXXX XXXX 100415   22391155     Credit Credit Miscellaneous Guideline Credit Exception:   Appraiser Certification of Non Influence not provided.       Reviewer Comment (2021-07-02): Cleared


Buyer Comment (2021-06-29): The signed Statement of Non-Influence and Appraiser Independence is attached for your review.
 07/02/2021     1 A   MD Investment Refinance - Cash-out - Other   C A C A     A A     No
215686551 XXXX XXXX 100512   22391160     Credit Credit Miscellaneous Guideline Credit Exception:   Project has no reserve for the current budget vs program requirement that the HOA's current annual budget include allowance for capital reserves not less than 10% of the total expenditures included in such budget The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has worked in the same position for more than 3 years.		   Owner

Owner

Owner		 Reviewer Comment (2021-06-30): Lender granted an exception
     06/30/2021 2 B   FL Second Home Purchase   C B B B C B A A Non QM Non QM No
215686551 XXXX XXXX 100512   22391161     Compliance Compliance Miscellaneous Compliance Compliance Miscellaneous Compliance: Non-Material Compliance Exception:   Crime/Fidelity bond coverage is $[redacted] vs program requirement of [redacted]       Reviewer Comment (2021-06-30): Lender granted an exception
     06/30/2021 2 B   FL Second Home Purchase   C B B B C B A A Non QM Non QM No
215686551 XXXX XXXX 100512   22391163     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $25.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Verification of Tax Return fee amount of $[redacted] exceeds tolerance of $0.00. No cure was provided to the borrower       Reviewer Comment (2021-07-07): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-06): PCCD/LOE/Refund/Tracking uploaded for your review.
   07/07/2021   2 B   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM Yes
215686552 XXXX XXXX 100551   22391157     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant three (3) business days prior to consummation. Borrower did not sign a document at closing acknowledging their receipt of the valuation 3 days prior to closing.       Reviewer Comment (2021-07-06): Cleared


Buyer Comment (2021-07-01): Uploaded Evidence Receipt of Appraisal [redacted]
 07/06/2021     1 A   CA Second Home Purchase   B A A A B A A A Non QM Non QM No
215686552 XXXX XXXX 100551   22391159     Compliance Compliance Federal Compliance TRID TRID Ten Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. 10% tolerance was exceeded by $[redacted].  No valid COC provided, there was evidence of a cure provided for $[redacred] at closing.       Reviewer Comment (2021-06-28): Sufficient Cure Provided At Closing
   06/28/2021   1 A   CA Second Home Purchase Final CD evidences Cure B A A A B A A A Non QM Non QM Yes
215686784 XXXX XXXX 100546   22391924     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Deal Summary not provided           Reviewer Comment (2021-08-03): cleared.


Buyer Comment (2021-08-03): See pages 247-248 / 895 pages for Calc Worksheet in [redacted]Folder.
 08/03/2021     1 A   CA Investment Purchase   C A C A     A A     No
215686784 XXXX XXXX 100546   22391925     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Spousal Consent Form not provided           Reviewer Comment (2021-08-03): cleared


Buyer Comment (2021-08-03): Uploaded Inter Spousal Deed for BWR & CoBWR.  Additional Spousal Consent not required. Bus Purpose loan and held as Sole & Spearate Property.
 08/03/2021     1 A   CA Investment Purchase   C A C A     A A     No
215686785 XXXX XXXX 100554   22391928     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Not provided       Reviewer Comment (2021-08-05): Current mortgage is on the credit report with 39 months reviewed.


Buyer Comment (2021-07-27): The borrower have had their mortgage with [redacted] bank since [redacted]. Credit report uploaded.


Reviewer Comment (2021-07-19): Pay history does not reflect a 12 months period.


Buyer Comment (2021-07-12): Mortgage payment history uploaded for your review.
 08/05/2021     1 A   FL Investment Purchase   C A C A     A A     No
215686785 XXXX XXXX 100554   22391929     Credit Credit Miscellaneous Guideline Credit Exception:   initial Rate Minimum and Life rate minimum of 5.00% is less than the margin of 5.25%.       Reviewer Comment (2021-08-05): Lender acknowledges rate will not go below margin and terms are accurate


Buyer Comment (2021-07-27): The pricing is accurate, per the Lock uploaded we have available note rates below the margin.
 08/05/2021     1 A   FL Investment Purchase   C A C A     A A     No
215686785 XXXX XXXX 100554   22391930     Credit Missing Document General Missing Document Missing Document: Source of Funds/Deposit not provided   Missing Source of funds for EMD       Reviewer Comment (2021-07-28): verify document and clear Exception


Buyer Comment (2021-07-27): The two $[redacted] were part of the $[redacted] gift received, just split.


Reviewer Comment (2021-07-19): D0211 reflects $[redacted] in transfers on [redacted]  and [redacted] . Deposit receipt reflects $[redacted] for each transfer unable to source other $[redacted] per each transfer.


Buyer Comment (2021-07-12): gift letters and bank statements uploaded for your review.
 07/28/2021     1 A   FL Investment Purchase   C A C A     A A     No
215686786 XXXX XXXX 100471   22391981     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-19): Received


Buyer Comment (2021-07-12): Please review attached Mavent; Compliance Report
 07/19/2021     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
215686786 XXXX XXXX 100471   22391985     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. No valid COC in file for the increased fee and no evidence of a tolerance cure to the borrowers.       Reviewer Comment (2021-07-13): [redacted] received a valid COC dated [redacted] for the increased fee in the loan file.


Buyer Comment (2021-07-12): Please review attached VCOC
 07/13/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215686786 XXXX XXXX 100471   22391986     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 737.00 on Final Closing Disclosure provided on [redacted] not accurate. Final Closing Disclosure, disclosed Amount of Non-Escrowed Property Cost over Year 1 as $[redacted], Monthy Flood Insurance is $[redacted], times 11 months, is $[redacted].       Reviewer Comment (2021-08-02): [redacted] received PCCD and LOE; exception is cured.


Buyer Comment (2021-07-30): Please review documents uploaded for review on[redacted] _PCCD/LOX
   08/02/2021   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
215686786 XXXX XXXX 100471   22391987     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-19): Received approval


Buyer Comment (2021-07-12): Please review attached Approval
 07/19/2021     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
215686786 XXXX XXXX 100471   22391988     Credit Credit Miscellaneous Guideline Credit Exception:   The letter validating the borrower's business is not acceptable as it does not identify the credentials of the preparer (IE: CPA, EA, etc.)       Reviewer Comment (2021-07-27): Business lic for tax preparer provided. Clear.


Buyer Comment (2021-07-20): Please see attached CPA's license
 07/27/2021     1 A   FL Primary Purchase   C B C A C B A A Non QM Non QM No
215686787 XXXX XXXX 100410   22391933     Credit Credit Miscellaneous Guideline Credit Exception:   Comparable rent Schedule not provided.       Reviewer Comment (2021-06-07): Received


Buyer Comment (2021-06-04): See page 4 of the appraisal with comparable rental data and subject rent schedule
 06/07/2021     1 A   IL Investment Purchase   C A C A     A A     No
215686788 XXXX XXXX 100553   22391935     Credit Income / Employment Income Documentation Missing Document REO Documents are missing. - Missing Hazard Insurance, Property Taxes and HOA Verification verifying stated $501.43 monthly maintenance for 1365 E Tachevah, Palm Springs, CA       Reviewer Comment (2021-07-23): Mortgage Statement updated exception cleared


Buyer Comment (2021-07-22): Uploaded the mortgage statement for Flagstar mortgage which is the only mortgage for [redacted]


Reviewer Comment (2021-07-13): Provide mortgage statement, both first and second lien as reflected on the 1003.


Buyer Comment (2021-07-08): Please see the updated 1003 in the REO folder that removed income for this property that's also in my previous email screen shot.  1003 doesn't have any details regarding HOA. Also, the attached property profile reflects the property taxes and SFR so it doesn't have HOA fees.
 07/23/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215686788 XXXX XXXX 100553   22391938     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure reflects a $[redacted] Lender credit for tolerance.       Reviewer Comment (2021-07-01): Sufficient Cure Provided At Closing
   07/01/2021   1 A   CA Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
215686788 XXXX XXXX 100553   22391942     Credit Missing Document General Missing Document Incomplete Document: 1003 Final is incomplete   Final 1003 is not signed and dated by Borrower       Reviewer Comment (2021-08-05): [redacted] Signed Final 1003 received. Cleared.


Buyer Comment (2021-07-28): The LO signature is not required on the final 1003 as it is already listed on the initial. Closing will not request this.


Reviewer Comment (2021-07-13): Final 1003 not signed by loan officer.


Buyer Comment (2021-07-07): Uploaded executed 1003
 08/05/2021     1 A   CA Primary Purchase   C A C A A A A A Non QM Non QM No
215686789 XXXX XXXX 100432   22391936     Credit Asset Asset Documentation Asset Asset documentation requirements not met.             07/29/2021     1 A   FL Second Home Purchase   C A C A C A A A Non QM Non QM No
215686789 XXXX XXXX 100432   22391944     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.           07/12/2021     1 A   FL Second Home Purchase No Defined Cure C A C A C A A A Non QM Non QM No
215686789 XXXX XXXX 100432   22391946     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for HOA Dues.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower.           07/06/2021     1 A   FL Second Home Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686789 XXXX XXXX 100432   22391947     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided             07/06/2021     1 A   FL Second Home Purchase   C A C A C A A A Non QM Non QM No
215686790 XXXX XXXX 100516   22391960     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided   Compliance report missing.       Reviewer Comment (2021-07-12): Provided. Clear.


Buyer Comment (2021-07-06): Mavent uploaded for your review
 07/12/2021     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C A C B A A Non QM Non QM No
215686790 XXXX XXXX 100516   22391964     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Of Payments TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [redacted] disclosed an inaccurate Total of Payments on page 5 that does not match the actual total of payments for the loan (fee amounts included in TOP calculation are based on Closing Disclosure dated [redacted]). Total of Payments on page 5 that does not match the actual total of payments.       Reviewer Comment (2021-08-03): [redacted] received PCCD, LOE, copy of refund check, RTC, and proof of delivery; exception is cured.


Buyer Comment (2021-07-22): PCCD/LOE/Refund/NORTC/Tracking uploaded for your review.


Reviewer Comment (2021-07-14): [redacted] received Corrected CD, LOE to borrower, copy of refund check for $[redacted] and proof of mailing.  However, the refund of $[redacted] is specific for cure of the Administration Fee and Tax Transcript 0% tolerance violations and did not include the TOP underdisclosure which was due to the increase in the Title-Endorsement fee and Title-Messenger Fee charged borrower and reflected on the PCCD after close. With the offset of the prepaid interest being less, the total underdisclosure was $[redacted] and exceeded tolerance for a Material Disclosure.  The following items are missing and required to cure this Material Disclosure violation: LOE to borrower explaining the TOP underdisclosure violation and cure of it, Copy of refund check for the total underdisclosure of $[redacted] (in addition to cure already provided), proof of mailing of that refund to borrower and the reopening of rescission as this is a rescindable transaction.  Provide noted items to cure.  In regard to rescission reopening please note: The Rescission period on a loan starts when the latest of three things occurs, the execution of the notice of right to cancel, the consummation of the loan, and the receipt by the consumer of the accurate material disclosures. The material disclosures include the following: APR, Finance Charge, Amount Financed, Total of Payments and Payment stream from the final CD. A separate EV3-C exception for extended rescission right will be cited of the remediation does not include evidence the lender re opened rescission.


Buyer Comment (2021-07-06): PCCD/LOE sent by UW Mail uploaded for your review.
   08/03/2021   2 B   CA Primary Refinance - Cash-out - Home Improvement TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed equivalent amount, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Non QM Non QM Yes
215686790 XXXX XXXX 100516   22391965     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-13): [redacted] received LE along with valid COC for the increased fee in the loan file.


Reviewer Comment (2021-07-07): [redacted] received COC dated [redacted]however' there is no Subsequent LE present in file. Please provide subsequent LE within 3 business days from COC [redacted].


Buyer Comment (2021-07-06): [redacted]COC for change in loan amount uploaded for your review.
 07/13/2021     1 A   CA Primary Refinance - Cash-out - Home Improvement Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215686790 XXXX XXXX 100516   22391966     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Verification Of Tax Return Fee.  Fee Amount of $50.00 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-13): [redacted] received Corrected CD,LOX,proof of mailing and copy of refund check.


Buyer Comment (2021-07-12): Delivery tracking uploaded for your review,


Reviewer Comment (2021-07-08): [redacted] received LOE, corrected PCCD, copy of refund check, and shipping label.  Tracking indicates the label has been created; however, it has not been picked up for shipping.  Proof of mailing is required to cure.


Buyer Comment (2021-07-07): PCCD/LOE/Refund/Tracking uploaded for your review.
   07/13/2021   2 B   CA Primary Refinance - Cash-out - Home Improvement Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215686790 XXXX XXXX 100516   22391967     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-13): [redacted] received Corrected CD,LOX,proof of mailing and copy of refund check.


Reviewer Comment (2021-07-08): [redacted] received LOE, corrected PCCD, copy of refund check, and shipping label.  Tracking indicates the label has been created; however, it has not been picked up for shipping.  Proof of mailing is required to cure.


Buyer Comment (2021-07-07): PCCD/LOE/Refund/Tracking uploaded for your review.
   07/13/2021   2 B   CA Primary Refinance - Cash-out - Home Improvement Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215686790 XXXX XXXX 100516   22391968     Credit Income / Employment Income Documentation Income / Employment Large deposits were not sourced and/or letter of explanation was not provided.   Please provide source of large deposit into account 6467 on [redacted] of $[redacted].       Reviewer Comment (2021-08-05): [redacted] Received evidence of deposit. Cleared.


Buyer Comment (2021-07-28): Source of large deposit uploaded for your review.
 08/05/2021     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C A C B A A Non QM Non QM No
215686790 XXXX XXXX 100516   22391969     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   The loan file is missing verification of the [redacted] payment for the [redacted] account. Please provide.       Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): 11/20 payment uploaded, it was on page 52


Reviewer Comment (2021-07-12): File reflects payment for [redacted] and [redacted] [redacted] Payments. Still missing evidence of the [redacted] payment.


Buyer Comment (2021-07-06): Verification of 12/2020 payment uploaded for your review. It is page  21 of the payment history.
 07/19/2021     1 A   CA Primary Refinance - Cash-out - Home Improvement   C B C A C B A A Non QM Non QM No
215686791 XXXX XXXX 100538   22392000     Credit Credit Miscellaneous Guideline Credit Exception:   DTI is [redacted] (countered [redacted]% max/DTI) max vs program maximum of [redacted]%
There is a lender exception in file however, the max DTI is [redacted]%.		 Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Credit score is 731, 71 points > program minimum of [redacted] Owner

Owner,Originator		 Reviewer Comment (2021-07-21): Lender Exception provided for DTI. Clear.


Reviewer Comment (2021-07-21): Payments provided.


Buyer Comment (2021-07-14): Payments for XXXX auto loan and XXXX are to be excluded as business account [redacted]them.  XXXX acct# 4408 statements uploaded for your review.


Reviewer Comment (2021-07-06): Lender exception is for a max DTI of [redacted] %
 07/21/2021     1 A   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215686791 XXXX XXXX 100538   22392001     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Non QM does not match Due diligence designation of ATR fail. DTI exceeds guidelines       Reviewer Comment (2021-07-21): Provided. Clear


Buyer Comment (2021-07-14): Payments for XXXX auto loan and XXXX are to be excluded as business account [redacted]them.  XXXX acct# 4408 statements uploaded for your review.
 07/21/2021     1 A   OH Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM Yes
215686791 XXXX XXXX 100538   22392002     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. Unable to verify current employment using reliable third party records. CPA letter not provided       Reviewer Comment (2021-07-21): Provided. Clear


Buyer Comment (2021-07-14): Business license and CPA verification(pages 12-15) uploaded for your review.
 07/21/2021     1 A   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215686791 XXXX XXXX 100538   22392003     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both significantly exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% significantly exceeds the guideline maximum of [redacted]%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) The DTI calculated of [redacted]% exceeds guideline maximum of [redacted]% as well as the Lender Excepted maximum [redacted]%       Reviewer Comment (2021-07-21): Business debts excluded. System Cleared.


Buyer Comment (2021-07-14): Payments for XXXX auto loan and XXXX are to be excluded as business account [redacted]them.  XXXX acct# 4408 statements uploaded for your review.
 07/21/2021     1 A   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215686791 XXXX XXXX 100538   22392004     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Ability to repay requirements not satisfied. DTI exceeds approved maximum       Reviewer Comment (2021-07-21): Provided. Clear
 07/21/2021     1 A   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215686791 XXXX XXXX 100538   22392006     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Broker fee amount of $[redacted] exceeds tolerance of $0.00. No cure was provided to the borrower       Reviewer Comment (2021-07-08): [redacted] received a valid COC for the increased fee in the loan file.


Buyer Comment (2021-07-07): [redacted] COC for compensation change uploaded for your review.
 07/08/2021     1 A   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215686791 XXXX XXXX 100538   22392007     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Administration fee amount of $[redacted].00 exceeds tolerance of $0.00. No cure was provided to the borrower       Reviewer Comment (2021-07-21): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-20): PCCD/LOE/Refund/Tracking uploaded for your review.
   07/21/2021   2 B   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215686791 XXXX XXXX 100538   22392009     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Survey Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Title survey fee amount of $[redacted] exceeds tolerance of $0.00. No cure was provided to the borrower       Reviewer Comment (2021-07-21): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-20): PCCD/LOE/Refund/Tracking uploaded for your review.
   07/21/2021   2 B   OH Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215686791 XXXX XXXX 100538   22392010     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 06/25/2021 incorrectly disclosed whether the loan will have an escrow account. Reason escrow account was established not provided       Reviewer Comment (2021-08-03): [redacted] received PCCD and LOE; exception is cured.


Buyer Comment (2021-07-20): PCCD/LOE/Refund/Tracking uploaded for your review.
   08/03/2021   2 B   OH Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
215686791 XXXX XXXX 100538   22392011     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 32,314.15 on Final Closing Disclosure provided on [redacted] not accurate. Property cost over year 1 of $[redacted] is not accurate. The actual cost is $[redacted]       Reviewer Comment (2021-08-03): [redacted] received PCCD and LOE; exception is cured.


Buyer Comment (2021-07-20): PCCD/LOE/Refund/Tracking uploaded for your review.
   08/03/2021   2 B   OH Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
215686791 XXXX XXXX 100538   22392012     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Calculated total DTI of [redacted]% exceeds guideline maximum [redacted]% and the Lender excepted DTI of [redacted]% Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has worked in the same position for more than 3 years.

Borrower has verified disposable income of at least $[redacted].

Borrower has been employed in the same industry for more than 5 years.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Credit score is 731, 71 points > program minimum of [redacted] Owner

Owner

Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-07-21): Lender Exception with Comp Factors provided to regrade and waive condition.


Buyer Comment (2021-07-19): Payments for auto loan and XXXX are to be excluded.
     07/21/2021 2 B   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215686791 XXXX XXXX 100538   22392013     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. Based on the loan failing the DTI guideline component, the loan is at ATR risk,       Reviewer Comment (2021-07-21): Pay history provided.


Buyer Comment (2021-07-14): Payments for XXXX auto loan and XXXX are to be excluded as business account [redacted]them.  XXXX acct# 4408 statements uploaded for your review.
 07/21/2021     1 A   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215686791 XXXX XXXX 100538   22392014     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk. Excessive DTI       Reviewer Comment (2021-07-21): Pay History provided.
 07/21/2021     1 A   OH Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM Yes
215686791 XXXX XXXX 100538   22392019     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) Excessive DTI Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has worked in the same position for more than 3 years.

Borrower has verified disposable income of at least $[redacted].

Borrower has been employed in the same industry for more than 5 years.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Credit score is 731, 71 points > program minimum of [redacted] Owner

Owner

Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-07-21): Lender Exception with Comp Factors provided to regrade and waive condition.
     07/21/2021 2 B   OH Primary Purchase   C B C B C B A A Non QM Non QM No
215686792 XXXX XXXX 100548   22391952     Credit Legal / Regulatory / Compliance Title / Lien Defect Legal / Regulatory / Compliance Final Title Policy is missing. No evidence of title in file.           Reviewer Comment (2021-07-12): Provided


Buyer Comment (2021-07-07): Uploaded, please find the Title Commitment Policy. Final Title Policy not available until after recordation. Thank you.
 07/12/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215686792 XXXX XXXX 100548   22391953     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Buyer Comment (2021-07-07): Waived.


Buyer Comment (2021-07-07): [redacted] has elected to waive this exception.
     07/07/2021 2 B   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215686792 XXXX XXXX 100548   22391954     Credit Asset Document Error Asset Equity from Sale of Property reflected on HUD, however supporting documentation was not found in file.   The document provided doesn't clearly identify property from which net proceeds come from.   Also the net proceeds appear to be $[redacted]       Reviewer Comment (2021-07-12): Provided


Buyer Comment (2021-07-07): Uploaded, please see source of funds, including HUD-1 reflecting property address.  Thank you.
 07/12/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215686792 XXXX XXXX 100548   22391955     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 06/25/2021 incorrectly disclosed whether the loan will have an escrow account. The reason for not having escrows was not selected on Final CD       Reviewer Comment (2021-07-14): [redacted] received Letter of Explanation & Corrected Closing Disclosure.


Buyer Comment (2021-07-08): Uploaded, please see PCCD, LOX and Proof of Delivery reflecting reason for declining an Escrow Account and Estimated 1st Year Cost. Thank you.
   07/14/2021   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
215686792 XXXX XXXX 100548   22391956     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. CD provided same day as Closing       Reviewer Comment (2021-07-14): [redacted] received Disclosure Summary confirm electronic receipt date.


Buyer Comment (2021-07-07): As noted, the Initial CD, uploaded, was dated [redacted] .  The Final CD, uploaded and dated [redacted]  is in excess of 3 days after the initial disclosure. Also, please find the uploaded Disclosure Tracking Summary for proof of [redacted]  delivery.
 07/14/2021     1 A   FL Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
215686792 XXXX XXXX 100548   22391958     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded- Broker Fee       Reviewer Comment (2021-07-09): [redacted] received COC for Compensation plan changed to borrower paid


Buyer Comment (2021-07-08): Uploaded, please see LE, dated [redacted] , reflecting the Broker Fee, a locked rate and a change in Interest Rate.  Also, please find an uploaded COC reflecting the rate lock and change in Borrower Paid Broker Compensation, as well as a change in Lender Credit. In addition, please see uploaded Disclosure Tracking for proof of delivery. Thank you.
 07/09/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C B C B A A Non QM Non QM Yes
215686792 XXXX XXXX 100548   22391959     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Property Costs Year 1 - October 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of 23,137.51 on Final Closing Disclosure provided on [redacted] not accurate. Amount of Estimated Property Costs over Year 1 not accurate, monthly taxes and insurance listed on page one is $[redacted].       Reviewer Comment (2021-08-05): Document received.  Updated.


Buyer Comment (2021-07-22): Please see uploaded Tax Cert reflecting $[redacted] /month in property tax, not the $[redacted] /month reflected in your calculation.  The total tax bill, including the Non-Ad Valorem Assessment is $[redacted].  Thank you for reviewing this.


Reviewer Comment (2021-07-14): [redacted] received 7-8-21 Corrected CD and LOE to borrower.  However, costs disclosed do not match to file documentation. Property costs reflected on Corrected  CD of $[redacted] on page 4 is 12 months of page 1 monthly of $[redacted] .  Loan file indicates Costs of $[redacted].  These itemized costs of $[redacted]  tax / $[redacted] ins totaling $[redacted] .  Please provide PCCD and LOE to cure or verification of updated amounts.


Buyer Comment (2021-07-08): Uploaded, please see PCCD, LOX and Proof of Delivery reflecting reason for declining an Escrow Account and Estimated 1st Year Cost. Thank you.
 08/05/2021     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
215686793 XXXX XXXX 100518   22391978     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   No housing history provided, borrower living in home which is free and clear and does not have homeowner's insurance. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Credit score of 762 is 102 points > then ptogram requirement of [redacted] Owner

Owner,Originator		 Reviewer Comment (2021-07-07): Approved lender exception provided.
     07/07/2021 2 B   FL Primary Purchase   C B B B C B A A Non QM Non QM No
215686793 XXXX XXXX 100518   22391979     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 10,321.41 on Final Closing Disclosure provided on [redacted] not accurate. The final CD disclosed the Amount of Non-Escrowed Property Costs over Year 1 as $[redacted] on page 4; however the HOA of $[redacted] is the only Non-Escrowed yearly cost. Provide a post-close CD correcting on page 4 Non-Escrowed property costs; and a copy of the letter of explanation letter sent to the borrower disclosing the changes made.       Reviewer Comment (2021-08-03): [redacted] received PCCD and LOE; exception is cured.


Buyer Comment (2021-07-20): PCCD correction uploaded


Reviewer Comment (2021-07-20): Per purchasecontract HOA fees are $[redacted] per month.  Most recent PCCD indicates an amount of $[redacted] annually.  Cure is required to complete testing.


Buyer Comment (2021-07-16): Should the CD reflect costs of $[redacted] for 12 mo or $[redacted] for 11 mo? Need to clarify before final correction made.


Reviewer Comment (2021-07-15): [redacted] received 7-8 Corrected CD & LOE to borrower.  However the costs are not matching to file documentation.  Property costs reflected on Corrected CD of $[redacted] on page 4 is approximately 1 month of the page 1 monthly of $[redacted].  Loan file indicates Costs of $[redacted] for 12 mo or $[redacted] for 11 mo.  These itemized costs of $[redacted]Please provide PCCD and LOE to cure or verification of updated amounts.


Buyer Comment (2021-07-08): Uploaded CD with HOA of $[redacted] is the only Non-Escrowed yearly cost.
   08/03/2021   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Non QM Non QM Yes
215686793 XXXX XXXX 100518   22391980     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Appraisal Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-20): [redacted] received PCCD, LOE, copy of refund check, and proof of mailing; exception is cured.


Buyer Comment (2021-07-12): Fee cured
   07/20/2021   2 B   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B B B C B A A Non QM Non QM Yes
215686794 XXXX XXXX 100437   22391948     Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy.   Final Title policy not provided       Reviewer Comment (2021-06-24): Received final title policy
 06/24/2021     1 A   FL Investment Refinance - Rate/Term   C B C B B B A A N/A N/A No
215686794 XXXX XXXX 100437   22391949     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   Preliminary insurance amount less than the loan amount.       Reviewer Comment (2021-06-24): Received Final Title Policy
 06/24/2021     1 A   FL Investment Refinance - Rate/Term   C B C B B B A A N/A N/A No
215686794 XXXX XXXX 100437   22391950     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Right to Receive Copy of Appraisal Disclosure Not Provided Timely ECOA Valuations Rule (Dodd-Frank 2014): Creditor did not provide "Right to Receive a Copy" appraisal disclosure disclosure to applicant within three (3) business days of application or determination of first lien status. Right to receive a copy of appraisal disclosure not provided to  borrower within 3 business days of application       Buyer Comment (2021-06-22): [redacted] has elected to waive this finding.
     06/22/2021 2 B   FL Investment Refinance - Rate/Term   C B C B B B A A N/A N/A No
215686794 XXXX XXXX 100437   22391951     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. Calculated DTI: of [redacted]% exceeds guideline debt ratio of [redacted]% It appears the borrower's consumer debt was not included in the ratios. Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.   Owner Reviewer Comment (2021-08-05): Lender exception provided.


Buyer Comment (2021-07-29): See uploaded exception.
     08/05/2021 2 B   FL Investment Refinance - Rate/Term   C B C B B B A A N/A N/A No
215686795 XXXX XXXX 100474   22391970     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for Appraisal Report fee tolerance violation.       Reviewer Comment (2021-06-17): Sufficient Cure Provided At Closing
   06/17/2021   1 A   FL Primary Purchase Final CD evidences Cure C B B B C A C A Non QM Non QM Yes
215686795 XXXX XXXX 100474   22391971     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 24,639.89 on Final Closing Disclosure provided on [redacted] not accurate.         Reviewer Comment (2021-07-15): [redacted] received proof of actual HOA dues


Buyer Comment (2021-07-07): PCCD is correct. Condo rider with HOA fees of $[redacted]  uploaded for you review.


Reviewer Comment (2021-07-06): [redacted] received[redacted] CD & LOE to borrower. However, the costs do not match to file documentation and exceed the $[redacted] annual tolerance limit. Property costs reflected on Final CD of $[redacted] on page 4 is 12 months of page 1 monthly of $[redacted] .  Loan file indicates Costs of $[redacted] .  These itemized costs of $[redacted]  hoa ($[redacted]  per appraisal).  Please provide PCCD and LOE to cure or verification of updated amounts.


Buyer Comment (2021-06-22): PCCD/LOE/Tracking uploaded for your review.
 07/15/2021     1 A   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C A C A Non QM Non QM Yes
215686795 XXXX XXXX 100474   22391973     Property Property - Appraisal Appraisal Documentation Property - Appraisal HOA project is involved in litigation.   Condo project has construction defect pre-litigation with estimated cost to repairs $[redacted]; HOA reserves account balance is $[redacted] and total cash on hand is $[redacted]. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		   Owner

Owner		 Reviewer Comment (2021-08-02): Cleared to move to another condition


Reviewer Comment (2021-08-02): reopened to transfer to a waive able condition


Reviewer Comment (2021-06-21): Approved lender exception in file.
 08/02/2021     1 A   FL Primary Purchase   C B B B C A C A Non QM Non QM No
215686795 XXXX XXXX 100474   22391974     Credit Guideline Guideline Issue Guideline Ineligible property type. ___ Capital reserve requirement not met.  Condo project capital reserves 4.3% vs program minimum reserves requirement of at least 5% of the expenditures. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		   Owner

Owner		 Reviewer Comment (2021-06-21): Approved lender exception in file.
     06/21/2021 2 B   FL Primary Purchase   C B B B C A C A Non QM Non QM No
215686795 XXXX XXXX 100474   22391975     Credit Credit Miscellaneous Guideline Credit Exception:   Condo project has construction defect pre-litigation with estimated cost to repairs $[redacted]; HOA reserves account balance is $[redacted] and total cash on hand is $[redacted]. The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower has been employed in the same industry for more than 5 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 [redacted]% < [redacted]% Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-02): Waived


Reviewer Comment (2021-08-02): Comp factors used to waive exception
     08/02/2021 2 B   FL Primary Purchase   C B B B C A C A Non QM Non QM No
215686796 XXXX XXXX 100485   22391991     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.     The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrower has worked in the same position for more than 3 years.

Borrower has been employed in the same industry for more than 5 years.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.		 [redacted] months> than requirement. Owner

Owner

Owner

Owner,Aggregator		 Reviewer Comment (2021-08-05): Exception requested by client.


Buyer Comment (2021-07-29): Please see uploaded exception.


Reviewer Comment (2021-06-30): Unable to verify if the borrower paid a sufficient amount to cover a years worth of rent. Please provide a copy of the lease agreement reflecting the borrower's monthly obligation.


Buyer Comment (2021-06-24): Rent Check is made out to Landlord[redacted] who is the seller of the property as you noted. While this doesn't exactly address the rent agreement issue, it should be sufficient to clear this condition.


Reviewer Comment (2021-06-22): Received check, bank statement and letter but do not have any verification from the landlord or a lease with terms to tie out payment information to.


Buyer Comment (2021-06-19): Uploaded LOE with copy of rent check & corresponding bank statement. Borrower paid the full years rent when he moved in.
     08/05/2021 2 B   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215686796 XXXX XXXX 100485   22391992     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.           Reviewer Comment (2021-06-30): Provided. Clear.


Buyer Comment (2021-06-24): See uploaded May statement from XXXX.


Reviewer Comment (2021-06-22): Bank statements provided are already being used. Appears that the may statement is needed to show some of the transfers to this account.


Buyer Comment (2021-06-19): See uploaded asset documentation for $[redacted] with LOE on source of funds.
 06/30/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215686796 XXXX XXXX 100485   22391995     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing.       Reviewer Comment (2021-07-06): CD provided.


Buyer Comment (2021-06-19): Uploaded 6/02 Closing Disclosure. Total costs to borrower were higher than the Final CD.  Loan is compliant.
 07/06/2021     1 A   FL Primary Purchase No Defined Cure C B C B C A A A Non QM Non QM No
215686796 XXXX XXXX 100485   22391996     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2021-06-30): Provided. Clear.


Buyer Comment (2021-06-24): Uploaded May Statement from TD Bank


Reviewer Comment (2021-06-22): appears may statement is needed to show the transfers.  Statements provided are already accounted for.


Buyer Comment (2021-06-19): See uploaded asset documentation for $[redacted] along with LOE.  Bwr cash required is $[redacted] & 6 months reserves totals $[redacted]Please clear condition.
 06/30/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215686796 XXXX XXXX 100485   22391997     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-06-22): Received


Buyer Comment (2021-06-19): Uploaded 6/02 Closing Disclosure which reflects higher costs to borrower than the 6/08 CD. Loan is compliant.  Please clear condition.


Buyer Comment (2021-06-19): Uploaded approval.
 06/22/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215686796 XXXX XXXX 100485   22391998     Credit Credit Miscellaneous Guideline Credit Exception:   Loan is considered non-arm's length due to borrower purchasing from landlord. Guidelines require two full appraisals for non-arm's length transactions and the file only contained one.  A second full appraisal is required.       Reviewer Comment (2021-06-22): Property was listed in the NMLS, does not appear to be non-arms length.


Buyer Comment (2021-06-22): Guidelines require 2 appraisals for a bona-fide non-arm's length transaction in accordance with FNMA guidelines.  FNMA doesn't cite the landlord as a non-arm's length situation.  Please clear this condition or provide specific FNMA guideline citing renter/landlord to be a non-arm's length transaction.
 06/22/2021     1 A   FL Primary Purchase   C B C B C A A A Non QM Non QM No
215686797 XXXX XXXX 100469   22392015     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for Appraisal fee tolerance violation.       Reviewer Comment (2021-06-14): Sufficient Cure Provided At Closing
   06/14/2021   1 A   CA Primary Purchase Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
215686797 XXXX XXXX 100469   22392016     Compliance Compliance Federal Compliance TRID Defect TRID Initial Closing Disclosure Timing without Waiver TILA-RESPA Integrated Disclosure: Closing Disclosure not provided to Borrower(s) at least three (3) business days prior to closing. Closing Disclosure dated 6[redacted] received 6[redacted] > 6[redacted] (closing date less 3)       Reviewer Comment (2021-06-25): Tracking document provided.


Buyer Comment (2021-06-17): LE Tracking
 06/25/2021     1 A   CA Primary Purchase No Defined Cure C B C B C B A A Non QM Non QM No
215686797 XXXX XXXX 100469   22392017     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Finance Charge TILA-RESPA Integrated Disclosure - Loan Calculations: Final Closing Disclosure provided on [redacted] disclosed an inaccurate Finance Charge on page 5 that does not match the actual Finance Charge for the loan (fee amounts included in Finance Charge calculation are based on Closing Disclosure dated [redacted]). Disclosed Finance Charge Amount $[redacted] but calculated Finance Charge Amount $[redacted].  Variance - $[redacted]       Reviewer Comment (2021-07-29): [redacted] received copy of Refund check, proof of mailing,  Letter of Explanation & Corrected Closing Disclosure


Buyer Comment (2021-07-14): Please see attached PCCD and Refund.


Reviewer Comment (2021-07-13): Title - courier fee in the amount of $[redacted] was not included in transaction finance charge calculation.  Cure is required in the amount of $[redacted]


Buyer Comment (2021-07-02): Please see attached mavent.


Reviewer Comment (2021-07-01): response via email.


Buyer Comment (2021-06-17): Please clarify. Which fees specifically is [redacted]counting in the finance charge that [redacted] is not to equal the $[redacted]?
   07/29/2021   2 B   CA Primary Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Refund check for underdisclosed amount, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Non QM Non QM Yes
215686797 XXXX XXXX 100469   22392018     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower has no verified housing history. [redacted] departure residence sold[redacted] was owned free and clear.  Borrowers without mortgage or rental housing history including borrowers living rent free are not eligible.       Reviewer Comment (2021-06-21): Cleared


Buyer Comment (2021-06-17): See attached [redacted] credit memo effective 6/8 and retro
 06/21/2021     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686797 XXXX XXXX 100469   22392020     Credit Asset Asset Documentation Asset Earnest Money Deposit is unsourced.  Per guidelines EMD source is required.   Missing copy of $[redacted] additional earnest money check, source verification and escrow's deposit receipt       Reviewer Comment (2021-06-25): The borrower wired more funds than required to escrow.  All funds verified.


Buyer Comment (2021-06-25): See page 3 of 5 of the final CD that is attached


Reviewer Comment (2021-06-25): Please clarify the documents provided to verify the multiple deposits that equal to $[redacted].


Buyer Comment (2021-06-22): It doesnt appear that the issued a check for just the $[redacted] as show in the contract but in other multiple large deposits with escrow.


Buyer Comment (2021-06-22): Please see attached HUD 1 and transfer of funds to escrow.


Reviewer Comment (2021-06-21): EMD evidence provided is already accounted for on the 10K EMD. Missing EMD evidence of receipt and source for 20K EMD


Buyer Comment (2021-06-17): See attached EMD
 06/25/2021     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686797 XXXX XXXX 100469   22392021     Credit Insurance Insurance Analysis Insurance The Hazard Insurance Policy effective date is after the Transaction Date.   Hazard Insurance Policy effective date [redacted] is after 6[redacted] disbursement date       Reviewer Comment (2021-06-21): Cleared


Buyer Comment (2021-06-21): See EOI effective date[redacted]
 06/21/2021     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686797 XXXX XXXX 100469   22392023     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy. Calculated investor qualifying total debt ratio of ___ exceeds Guideline total debt ratio of ___. [redacted]% > 50% A10 - Bank Statement  program based on $[redacted] net rent income.  Lender's 45.50% DTI is based on an unsupported $[redacted] net rental income amount The representative FICO score exceeds the guideline minimum by at least 40 points.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrower has been employed in the same industry for more than 5 years.		 Comp factors used to waive exception Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-04): Comp factors used to waive exception


Buyer Comment (2021-07-29): Please find attached exception. This will resolve the outstanding exceptions.


Reviewer Comment (2021-07-01): that is incorrect. Per the guides you are to use 75% of the lease amount OR 75% of the average short term rental income.  Since this is not a short term rental we would use 75% of the rents.


Buyer Comment (2021-06-28): The 75% rent provision only applies to Short term rental properties.  That is not the case with either of these properties.  See page 63 of[redacted] [redacted] GL  Sec. 6.3


Reviewer Comment (2021-06-25): The most significant discrepancy is the net rental income for the Camino property.  The final 1003 shows net rental income of $[redacted]ich includes $[redacted] gross rents (at 100% ) - 1,684 PITIA payment = $[redacted] However, the guidelines only allow 75% of the gross rental to be used, less the expenses for the property.  The correct net rental income for this property is $[redacted].

The other property with a discrepancy from the 1003 is Manchester.  The 1003 calculations don't make sense at $9 rental income.  The correct calculations based on documentation in the file:  PITI $[redacted] + HOA $[redacted] $[redacted].  Gross rents of $[redacted] 75% = 937.50 - 981.83 = net rental loss -$[redacted].


Buyer Comment (2021-06-23): Please give specific details in regard to what [redacted]is seeing that doesn't match the $[redacted] the [redacted] has.


Buyer Comment (2021-06-23): Leases and Banks statements int the file support the $[redacted] month in net rental income.  See attached.


Reviewer Comment (2021-06-21): Rental income is less than Lenders calculations per audit.


Buyer Comment (2021-06-17): See attached Leases and proof of three months rents on each investment property as required by A 10 GL also attached.
     08/04/2021 2 B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686797 XXXX XXXX 100469   22392024     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Guidelines Ability to Repay (Dodd-Frank 2014): Based on the loan failing one or more guideline components, the loan is at ATR risk. DTI > maximum       Reviewer Comment (2021-08-04): cleared


Reviewer Comment (2021-06-21): Rental income is less than Lenders calculations per audit.


Buyer Comment (2021-06-17): See attached Leases to support rental income as per the GL
 08/04/2021     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686797 XXXX XXXX 100469   22392025     Compliance Compliance Federal Compliance ATR/QM Defect General ATR Provision Investor and Non QM DTIs match and both moderately exceed Guidelines Ability to Repay (Dodd-Frank 2014): The DTI calculated in accordance with the Lenders Guidelines and 1026.43(c)(5) of [redacted]% moderately exceeds the guideline maximum of 50.00%. (DTI Exception is eligible to be regraded with compensating factors.) [redacted]% > 50% A10 - Bank Statement  program based on $[redacted] net rent income.  Lender's 45.50% DTI is based on an unsupported $[redacted] net rental income amount The representative FICO score exceeds the guideline minimum by at least 40 points.

The Loan to Value (LTV) on the loan is less than the guideline maximum by at least 10%.

Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower has been employed in the same industry for more than 5 years.		 Comp factors used to waive exception Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-04): waived


Reviewer Comment (2021-08-04): comp factors used to waive exception


Buyer Comment (2021-07-29): See exception.


Reviewer Comment (2021-06-25): The most significant discrepancy is the net rental income for the Camino property.  The final 1003 shows net rental income of $[redacted]ich includes $[redacted] gross rents (at 100% ) - 1,684 PITIA payment = $[redacted] However, the guidelines only allow 75% of the gross rental to be used, less the expenses for the property.  The correct net rental income for this property is $[redacted].

The other property with a discrepancy from the 1003 is Manchester.  The 1003 calculations don't make sense at $9 rental income.  The correct calculations based on documentation in the file:  PITI $[redacted] + HOA $[redacted] $[redacted].  Gross rents of $[redacted] 75% = 937.50 - 981.83 = net rental loss -$[redacted].


Buyer Comment (2021-06-22): Can you provide me with details regarding where [redacted]is coming up with the difference.


Reviewer Comment (2021-06-21): Rental income is less than Lenders calculations per audit.


Buyer Comment (2021-06-17): See attached Leases and rcpt of rent and GL
     08/04/2021 2 B   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686797 XXXX XXXX 100469   22392026     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. EMD for $[redacted] not documented.       Reviewer Comment (2021-06-25): Verified.


Reviewer Comment (2021-06-25): Please clarify the documents provided to verify the multiple deposits that equal to $[redacted].


Buyer Comment (2021-06-23): The borrower did not issue a separate check for the $[redacted] as per the contract.  See attached the borrower wired significantly more assets to the escrow agent.


Reviewer Comment (2021-06-21): EMD documentation provided is for the 10K EMD. missing evidence of receipt and source for 20K EMD.


Buyer Comment (2021-06-17): Uploaded
 06/25/2021     1 A   CA Primary Purchase Lender to provide updated ATR/QM status C B C B C B A A Non QM Non QM Yes
215686797 XXXX XXXX 100469   22392027     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - Assets Ability to Repay (Dodd-Frank 2014): Unable to verify assets using reasonably reliable third-party records. EMD for $[redacted] not documented.       Reviewer Comment (2021-06-25): Verified.


Reviewer Comment (2021-06-25): Please clarify the documents provided to verify the multiple deposits that equal to $[redacted].


Buyer Comment (2021-06-22): Borrower wired funds to escrow. Evidence has been uploaded.


Reviewer Comment (2021-06-21): EMD documentation provided is for the 10K EMD. missing evidence of receipt and source for 20K EMD.


Buyer Comment (2021-06-17): Uploaded EMD and source of funds [redacted]
 06/25/2021     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686797 XXXX XXXX 100469   22392028     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. EMD for $[redacted] not documented.       Reviewer Comment (2021-06-25): Verified.
 06/25/2021     1 A   CA Primary Purchase   C B C B C B A A Non QM Non QM No
215686797 XXXX XXXX 100469   22392029     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Risk Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Risk.         Reviewer Comment (2021-08-04): Cleared


Buyer Comment (2021-07-29): Please clear
 08/04/2021     1 A   CA Primary Purchase Lender to provide updated ATR/QM Loan Designation C B C B C B A A Non QM Non QM Yes
215686798 XXXX XXXX 100504   22392030     Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided           Reviewer Comment (2021-06-23): Provided.


Buyer Comment (2021-06-18): flood cert added
 06/23/2021     1 A   AZ Primary Purchase   C B C B C A A A Non QM Non QM No
215686798 XXXX XXXX 100504   22392031     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided           Reviewer Comment (2021-06-23): Provided.


Buyer Comment (2021-06-18): july payment proof added for your review


Buyer Comment (2021-06-18): SEE BANK STATEMENTS, Zelle payment of $[redacted]0 for rent
 06/23/2021     1 A   AZ Primary Purchase   C B C B C A A A Non QM Non QM No
215686798 XXXX XXXX 100504   22392033     Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.           Reviewer Comment (2021-06-23): Provided.


Buyer Comment (2021-06-21): is this a duplicate finding? I responded to another which appears to be the same
 06/23/2021     1 A   AZ Primary Purchase   C B C B C A A A Non QM Non QM No
215686798 XXXX XXXX 100504   22392036     Credit Missing Document General Missing Document Missing Document: Bank Statements - Personal not provided   Missing account history from [redacted] to [redacted] for account [redacted].       Reviewer Comment (2021-06-30): Provided. Clear


Buyer Comment (2021-06-28): BANK STATEMENT ADDED FOR YOUR REVIEW


Reviewer Comment (2021-06-23): The history is still missing between the end of the last full bank statement dated[redacted] to the start of the screen print history from [redacted].  The screen print covers balance transactions between [redacted] to [redacted].  The gap is required to be verified.
 06/30/2021     1 A   AZ Primary Purchase   C B C B C A A A Non QM Non QM No
215686798 XXXX XXXX 100504   22392037     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing bank statements for account 7253 for 12/17/2019 through 03/16/2020.       Reviewer Comment (2021-06-30): Provided. Clear


Buyer Comment (2021-06-25): added missing statements - pending statement for gap of [redacted] to [redacted]


Reviewer Comment (2021-06-23): The statements noted as missing are not included in the documents provided.  Missing [redacted]  to March of 2020 statements.


Buyer Comment (2021-06-18): borrower personal bank statements - they are out of order but include December
 06/30/2021     1 A   AZ Primary Purchase   C B C B C A A A Non QM Non QM No
215686798 XXXX XXXX 100504   22392038     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   [redacted] approval missing from the loan file.       Reviewer Comment (2021-06-30): Provided. Clear


Buyer Comment (2021-06-25): see conditional approval added for your review on 6-23


Reviewer Comment (2021-06-23): The [redacted] conditional approval is the document that is missing, not the internal findings report.


Buyer Comment (2021-06-18): [redacted] approval added
 06/30/2021     1 A   AZ Primary Purchase   C B C B C A A A Non QM Non QM No
215686798 XXXX XXXX 100504   22392039     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. Missing third party verification of 100% ownership and length the borrower have been operating.       Reviewer Comment (2021-06-23): Borrower is subcontractor and does work on the side.  Zelle payments from subcontractor company and invoices for side work provided.  VVOE in file verify 7 years with subcontract company.


Buyer Comment (2021-06-18): VOE added with LOE for subcontract


Buyer Comment (2021-06-18): borrower is self employed and contracts/subcontracts reverification of self employed borrowers isn't required.
 06/23/2021     1 A   AZ Primary Purchase Lender to provide updated ATR/QM status C B C B C A A A Non QM Non QM Yes
215686798 XXXX XXXX 100504   22392040     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records. Missing third party verification of 100% ownership and length the borrower have been operating.       Reviewer Comment (2021-06-23): Borrower is subcontractor and does work on the side.  Zelle payments from subcontractor company and invoices for side work provided.  VVOE in file verify 7 years with subcontract company.


Buyer Comment (2021-06-22): deposits are made to borrowers account, which is only in borrowers name.


Buyer Comment (2021-06-22): borrower bank statements reflect zelle payments from[redacted], LOE states borrower has been working with them as a subcontractor for 7 years.
 06/23/2021     1 A   AZ Primary Purchase   C B C B C A A A Non QM Non QM No
215686798 XXXX XXXX 100504   22392041     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing third party verification of 100% ownership and length the borrower have been operating.       Reviewer Comment (2021-06-23): Borrower is subcontractor and does work on the side.  Zelle payments from subcontractor company and invoices for side work provided.  VVOE in file verify 7 years with subcontract company.
 06/23/2021     1 A   AZ Primary Purchase   C B C B C A A A Non QM Non QM No
215686798 XXXX XXXX 100504   22392042     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy. Calculated PITIA months reserves of ___ is less than Guideline PITIA months reserves of ___. Insufficient assets. Borrower short reserves. Money transferred from the savings into the checking prior to close. When transfer omitted from savings account, there are insufficient funds for reserves. Borrower has been employed in the same industry for more than 5 years.   Owner Reviewer Comment (2021-08-05): Lender granted an exception


Buyer Comment (2021-08-05): see approved exception
     08/05/2021 2 B   AZ Primary Purchase   C B C B C A A A Non QM Non QM No
215686799 XXXX XXXX 100438   22392043     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided   Compliance Report not provided       Reviewer Comment (2021-06-30): Cleared


Buyer Comment (2021-06-24): Please see uploaded Mavent Report. Thank you.
 06/30/2021     1 A   FL Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686799 XXXX XXXX 100438   22392044     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.   Preliminary policy loan amount was initial and not the final policy amount       Reviewer Comment (2021-06-30): Cleared


Buyer Comment (2021-06-24): Please see uploaded Title Policy reflecting loan amount. Thank you.
 06/30/2021     1 A   FL Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686799 XXXX XXXX 100438   22392046     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $0.00  is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted]. Final Lender credit of $0.00 is less than the previously disclosed credit amount of $[redacted]  Final CD reflected a tolerance cure; however, it was not sufficient to cover all of the tolerance issues.       Reviewer Comment (2021-07-29): [redacted] received changed circumstance with additional information


Buyer Comment (2021-07-20): Uploaded, please see the LE, dated [redacted] , reflecting an increase in loan amount, a rate reduction and an increase in pricing costs, decreasing the Lender Credit.  In addition, please see the uploaded COC, dated [redacted] , reflecting changes in loan amount, interest rate and pricing costs. The Disclosure Tracking Summary is included for proof of delivery.  Thank you.


Reviewer Comment (2021-07-09): [redacted] received 5-10 and 5-13 LE's and changed circumstances.  However the changed circumstance reasons on the 5-13 changed circumstance do not support the reason for decreasing the lender credit.  Rate was locked on previous LE dated 5-10.  Loan amount changed on[redacted] and lender credit was removed and discount points added.  The borrower's pricing did not improve and lender credit did not change proportionately with loan amount change. Provide additional information to support the removal of the lender credit and change in pricing which did not improve, or cure is required.


Buyer Comment (2021-06-24): Uploaded, please see the LE, dated [redacted] , reflecting a Lender Credit for $[redacted] .  Also, please see the uploaded COC, dated [redacted] , reflecting a Lender Paid Compensation for $[redacted] .  Lender Paid Compensation fees are reflected as a Lender Credit.  In addition, please see the uploaded LE and COC, dated [redacted] , reflecting no Lender Credit on the LE and a decrease in the Lender Paid Compensation to zero on the COC. Included in the upload is the Disclosure Tracking Summary reflecting delivery.  Thank you.
 07/29/2021     1 A   FL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686799 XXXX XXXX 100438   22392047     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Loan Discount points fee amount of $[redacted] exceeds tolerance of $0.00. Final CD reflected a tolerance cure; however, it was not sufficient to cover all of the tolerance issues.       Reviewer Comment (2021-06-30): [redacted] received a valid COC dated [redacted] for the increased fee in the loan file.


Buyer Comment (2021-06-24): Uploaded, please see the LE, dated [redacted] , reflecting an increased loan amount, and, Loan Discount Points of $[redacted] and a Broker Fee of $[redacted]lso, please see the uploaded COC, dated [redacted] , reflecting increases in the loan amount, Loan Discount Points and Broker Fee. Included in the upload is the Disclosure Tracking Summary for proof of delivery. Thank you.
 06/30/2021     1 A   FL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686799 XXXX XXXX 100438   22392048     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Broker Fee amount of $[redacted] exceeds tolerance of $[redacted].  Final CD reflected a tolerance cure; however, it was not sufficient to cover all of the tolerance issues.       Reviewer Comment (2021-06-30): [redacted] received a valid COC dated [redacted] for the increased fee in the loan file.


Buyer Comment (2021-06-24): Uploaded, please see the LE, dated [redacted] , reflecting an increased loan amount, and, Loan Discount Points of $[redacted] and a Broker Fee of $[redacted]lso, please see the uploaded COC, dated [redacted] , reflecting increases in the loan amount, Loan Discount Points and Broker Fee. Included in the upload is the Disclosure Tracking Summary for proof of delivery. Thank you.
 06/30/2021     1 A   FL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686799 XXXX XXXX 100438   22392049     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Appraisal fee amount of $[redacted] exceeds tolerance of $[redacted].  Final CD reflected a tolerance cure; however, it was not sufficient to cover all of the tolerance issues.       Reviewer Comment (2021-06-30): [redacted] received cure of $[redacted] at closing for the increased fee in the loan file.


Buyer Comment (2021-06-24): Please see uploaded Final CD reflecting a Lender Credit for $[redacted].  This represents the difference between the previously disclosed Appraisal Fee of $[redacted] and the under-disclosed Appraisal Fee of $[redacted]. Thank you.
 06/30/2021     1 A   FL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686799 XXXX XXXX 100438   22392050     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Transfer Tax.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Tax fee amount of $[redacted] exceeds tolerance of $[redacted].  Final CD reflected a tolerance cure; however, it was not sufficient to cover all of the tolerance issues.       Reviewer Comment (2021-06-30): [redacted] received a valid COC dated [redacted] for the increased fee in the loan file.


Buyer Comment (2021-06-24): Uploaded, please find the Final CD reflecting a lower Transfer Tax Fee of $[redacted] . Thank you.
 06/30/2021     1 A   FL Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686799 XXXX XXXX 100438   22392051     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure to borrower at closing       Reviewer Comment (2021-07-29): Sufficient Cure Provided At Closing
   07/29/2021   1 A   FL Primary Refinance - Rate/Term Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
215686800 XXXX XXXX 100529   22392052     Credit Missing Document General Missing Document Missing Document: Source of Funds/Deposit not provided   Missing source of funds information for the EMD of $[redacted].       Reviewer Comment (2021-08-05): Borrower has sufficient funds verified to close and cover reserves without consideration of the 5K earnest money - nothing further needed.


Buyer Comment (2021-08-03): borrower has sufficient funds for closing and reserves excluding this $[redacted]0


Reviewer Comment (2021-07-20): FNMA additionally requires that funds must be verified are from an acceptable source. Unable to verify source.


Buyer Comment (2021-07-14): see FNMA guidelines reflecting deposit on sales contract is acceptable source of funds, see contract, EMD receipts
 08/05/2021     1 A   TX Primary Purchase   C A C A A A A A Non QM Non QM No
215686800 XXXX XXXX 100529   22392054     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Missing 2 months of most recent consecutive Bank Statements within 90 days of closing.       Reviewer Comment (2021-08-05): Received an additional, more recent monthly statement


Buyer Comment (2021-08-03): see May statement


Reviewer Comment (2021-07-20): Amount from statement update dated [redacted] was used in asset calculations. Missing May statement for 2 consecutive months.


Buyer Comment (2021-07-13): see two months consecutive statements
 08/05/2021     1 A   TX Primary Purchase   C A C A A A A A Non QM Non QM No
215686801 XXXX XXXX 100416   22392064     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided           Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): I have uploaded the appraisal report with all required documents Loan to be scrutinized exception for your review.
 07/19/2021     1 A   TX Primary Purchase   D B D A C B D A Non QM Non QM No
215686801 XXXX XXXX 100416   22392065     Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: Property is located in a FEMA Disaster area and has not been inspected.           Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): Final Inspection was completed on [redacted]  after the disaster end date.
 07/19/2021     1 A   TX Primary Purchase   D B D A C B D A Non QM Non QM No
215686801 XXXX XXXX 100416   22392066     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Unable to determine replacement cost due to missing appraisal       Reviewer Comment (2021-07-19): Cleared - Hazard cover loan amount


Buyer Comment (2021-07-16): The borrower's HOI company has sent me their calculations they used to arrive at the amount of coverage for the policy.
 07/19/2021     1 A   TX Primary Purchase   D B D A C B D A Non QM Non QM No
215686801 XXXX XXXX 100416   22392068     Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Appraisal is missing.; Sec ID: 1           Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): Please explain what is missing from the appraisal documentation uploaded to you and what is SEC ID:1 please?
 07/19/2021     1 A   TX Primary Purchase   D B D A C B D A Non QM Non QM No
215686801 XXXX XXXX 100416   22392069     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - ___ Final CD reflects TBD for the Home Warrantee Fee, unable to determine  "Paid To".       Reviewer Comment (2021-07-30): Cured


Buyer Comment (2021-07-29): I have uploaded the PCCD with the Home Warranty Fee payable to Centicity for your review.


Reviewer Comment (2021-07-26): Letter of Explanation & Corrected Closing Disclosure are required.  The estimated closing statement and estimated seller CD, dated prior to the closing date is not sufficient.


Buyer Comment (2021-07-20): I have uploaded the signed ALTA Settlement Statement with the Home Warranty paid to American Home Shield specified.
   07/30/2021   2 B   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B D A Non QM Non QM Yes
215686801 XXXX XXXX 100416   22392070     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 660.00 on Final Closing Disclosure provided on [redacted] not accurate. he final CD disclosed the Amount of Non-Escrowed Property Costs over Year 1 as $[redacted] on page 4; however the HOA of $[redacted] is the only Non-Escrowed yearly cost. Provide a post-close CD correcting on page 4 Non-Escrowed property costs; and a copy of the letter of explanation letter sent to the borrower disclosing the changes made.       Reviewer Comment (2021-07-30): Cleared


Buyer Comment (2021-07-28): I have attached the copy of the refund check, LOE to the Borrower, copy of the HPA Billing Statement and the PCCD for your review.
 07/30/2021     1 A   TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B D A Non QM Non QM Yes
215686801 XXXX XXXX 100416   22392071     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Appraisal Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-30): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Buyer Comment (2021-07-29): I have uploaded a copy of the refund check, PCCD, LOE to the Borrower for the refund as well as proof it was sent out to the borrower.
   07/30/2021   2 B   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B D A Non QM Non QM Yes
215686801 XXXX XXXX 100416   22392072     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Re-Inspection Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-30): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Reviewer Comment (2021-07-26): Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.  The fee increased from the first LE provided, so even if the borrower paid the fee prior to closing, it was not an original fee disclosed and requires refund or valid COC.


Buyer Comment (2021-07-23): Do we have to cure for POC items?  The final inspection fee was paid by the borrower POC.


Reviewer Comment (2021-07-21): [redacted] received Invoice for Appraisal re-inspection fee. However, We required valid COC for addition of Appraisal re-inspection fee on revised LE dated 06/17.


Reviewer Comment (2021-07-19): [redacted] : No valid COC or cire docs uploaded related to Appraisal Re-inspection fee. Please provide valid COC or cure docs
   07/30/2021   2 B   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B D A Non QM Non QM Yes
215686801 XXXX XXXX 100416   22392073     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for TX Guaranty Fee.  Fee Amount of $5.00 exceeds tolerance of $4.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $1.00 due to TX Guaranty Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-30): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check
   07/30/2021   2 B   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B D A Non QM Non QM Yes
215686801 XXXX XXXX 100416   22392074     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Endorsement Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Title-Endorsement Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-30): [redacted] received corrected PCCD, LOE, Proof of delivery and copy of check


Reviewer Comment (2021-07-19): [redacted]: The total of Title-Endorsement fee $[redacted], Title-T-17 fee $[redacted]19 fee $[redacted], T-30 fee $[redacted]36 fee $[redacted] and T-36 fee $25 come to $[redacted]. Please provide cure docs.


Buyer Comment (2021-07-16): Please provide further information where this fee is on the CD for me please?  I can not identify a $[redacted] Title Endorsement fee anywhere.  Thank you.
   07/30/2021   2 B   TX Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D A C B D A Non QM Non QM Yes
215686802 XXXX XXXX 100486   22392057     Credit Missing Document General Missing Document Missing Document: Lease Agreement not provided   Air BnB, only 4 months of income ledger provided [redacted] - [redacted], rent receipts also missing.  Appraisal reflects home is owner occupied.       Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): The subject property is used as a vacation rental and the attached email is attached for your review.  The email states that the property can not be tenant or vacant. Also on page 32-33 in the Operating Income Statement for your review.
 07/19/2021     1 A   CA Investment Refinance - Cash-out - Other   C A C A     A A     No
215686802 XXXX XXXX 100486   22392058     Credit Missing Document General Missing Document Missing Document: 1007 Rent Comparison Schedule not provided   not provided and appraiser classified as owner occupied.       Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): The Operating Income Statement is attached for your review.
 07/19/2021     1 A   CA Investment Refinance - Cash-out - Other   C A C A     A A     No
215686802 XXXX XXXX 100486   22392060     Credit Guideline Guideline Issue Guideline Verification of housing pay history is required.   Housing pay history not provided       Reviewer Comment (2021-08-04): Cleared


Buyer Comment (2021-08-02): I think I got everything now to you for XXXX, the primary residence.  Please let me know what else you need.


Buyer Comment (2021-07-29): Please also note on page 6 of the Drive Report in the Borrower Profile Report it confirms the borrower's Refinance in [redacted]  which is documented with the Fifth Third Mortgage Statement attached.


Reviewer Comment (2021-07-27): Please provide housing for Borrowers primary residence.  If owned free and clear, please evidence of paid property taxes and paid homeowners insurance is required.  If Borrower rents, Lease, VOM with copies of paid checks/bank statements reflecting the withdrawal of payments.


Buyer Comment (2021-07-22): Please clarify, what payment history for what property are you looking for?
 08/04/2021     1 A   CA Investment Refinance - Cash-out - Other   C A C A     A A     No
215686802 XXXX XXXX 100486   22392061     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Debt Service Coverage Ratio (Subject DSCR) discrepancy.           Reviewer Comment (2021-08-04): cleared


Buyer Comment (2021-08-02): It appears the Underwriter used the gross annual  Income on the Comparable Rent Schedule of $[redacted]/12 = $[redacted] monthly rental.


Reviewer Comment (2021-07-29): Please provide Comparable Rent Schedule reflecting rents of $[redacted] monthly.


Buyer Comment (2021-07-22): Please see the Underwriter's DSC Ratio Calculation worksheet attached.


Reviewer Comment (2021-07-19): Please review the DSCR calculation that is available on the portal


Buyer Comment (2021-07-12): The attached [redacted] Underwriting Findings have the DSCR of [redacted].  Please explain further where you see the DSCR at [redacted] so I may address this further.
 08/04/2021     1 A   CA Investment Refinance - Cash-out - Other   C A C A     A A     No
215686802 XXXX XXXX 100486   22392062     Credit Title Document Error Title There is no dollar amount noted on the title policy.           Reviewer Comment (2021-08-04): Cleared


Buyer Comment (2021-07-29): The title policy that reflects the correct loan amount of $[redacted] is attached for your review.
 08/04/2021     1 A   CA Investment Refinance - Cash-out - Other   C A C A     A A     No
215686802 XXXX XXXX 100486   22392063     Credit Guideline Guideline Issue Guideline Occupancy is not Investment. Occupancy: ___ Appraisal reflects that subject property is owner occupied. However loan documents reflect it as refinance of an investment.       Reviewer Comment (2021-07-19): Cleared


Buyer Comment (2021-07-12): The Borrower considers the subject a second home that he seasonally rents.  It is being refinanced as an Investment Property.
 07/19/2021     1 A   CA Investment Refinance - Cash-out - Other   C A C A     A A     No
215686803 XXXX XXXX 100505   22392076     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Replacement cost estimator not provided, and hazard insurance coverage is insufficient to cover total estimated cost new.       Reviewer Comment (2021-07-24): Cleared


Buyer Comment (2021-07-16): A review of the appraisal report reflects Total Estimate of Cost-New $[redacted]ccording to [redacted] Sales Guidelines [redacted]) Section 13.2 Hazard Insurance the improvements on the property securing the Loan must be covered by a hazard insurance policy for the benefit of the Lender and its assignees, with policy coverage of not less than the lower of: a). The full replacement cost of the improvements of the Subject Property; or b). The amount of the Loan principal, but never less than 80% of the replacement cost of the improvements of the Subject Property.
Total Estimate of Cost-New $[redacted]*80% = $[redacted]er review of Hazard EOI, policy includes A) Dwelling Coverage  $[redacted], plus Dwelling Extension coverage $[redacted] = $[redacted]his is sufficient hazard insurance coverage.
 07/24/2021     1 A   CA Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
215686803 XXXX XXXX 100505   22392077     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient cure for fee exceeding tolerance       Reviewer Comment (2021-07-19): [redacted] received a valid COC dated [redacted] for the increased fee in the loan file.


Buyer Comment (2021-07-16): Please see VCOC (Change in loan amount)
 07/19/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686803 XXXX XXXX 100505   22392078     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient cure for fee exceeding tolerance       Reviewer Comment (2021-07-19): [redacted] received cure of $[redacted] closing for the increased fee in the loan file.


Buyer Comment (2021-07-16): Please review attached executed Final CD which reflects a lender cure that includes $[redacted] for under disclosure of Appraisal Fee.
 07/19/2021     1 A   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686803 XXXX XXXX 100505   22392079     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-30): Sufficient Cure Provided At Closing
   07/30/2021   1 A   CA Primary Refinance - Rate/Term Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
215686804 XXXX XXXX 100557   22392081     Compliance Compliance Federal Compliance Federal HPML Federal HPML 2014 Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of 5.78560% or Final Disclosure APR of 5.82400% is in excess of allowable threshold of APOR 3.04% + 1.5%, or 4.54000%.  Non-Compliant Higher Priced Mortgage Loan. Mavent confirms Higher priced alert on transaction       Reviewer Comment (2021-08-05): Cleared


Reviewer Comment (2021-07-29): Mavent reflects Loan as HPML unable to clear


Buyer Comment (2021-07-27): Per Compliance, This A-10 program non QM product does not have to adhere to QM HPML threshold.  We can have alerts and warnings on these just not Fails on Mavent report. No fails present.
 08/05/2021     1 A   NM Primary Purchase   C A A A C A A A Non QM Non QM No
215686804 XXXX XXXX 100557   22392082     Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Flipped Property - Did Not Obtain 2 Appraisals) TILA HPML Appraisal Rule  (Dodd-Frank 2014): Flipped Property - Creditor did not obtain two (2) written appraisals. Secondary valuation is Desk Review       Reviewer Comment (2021-08-05): Cleared


Buyer Comment (2021-08-05): Uploaded the Title Commitment, Warranty Deed and Quit Claim Deed that supports the Seller has owned the subject property since[redacted].  The property was deeded to [redacted] and [redacted], husband and wife on[redacted]. A Quit Claim Deed was executed from [redacted], a single man to [redacted] a single woman on [redacted].  Per the Underwriting guidelines in section 12.11.4  Flip Transactions , this is not considered a Flip because the Seller [redacted] has owned the property since[redacted] therefore 2 appraisals are not required . Please clear.


Reviewer Comment (2021-07-29): 2 full written appraisals required.


Buyer Comment (2021-07-22): Uploaded CDA property is not a flip per E1 guidelines and CDA is allowed to be used aa the secondary valuation.
 08/05/2021     1 A   NM Primary Purchase   C A A A C A A A Non QM Non QM No
215686805 XXXX XXXX 100503   22392097     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-26): Provide. Clear.


Buyer Comment (2021-07-23): Uploaded loan approval


Reviewer Comment (2021-07-22): Loan amount & ROI on approval do not match 1008 & Note. condition remains


Buyer Comment (2021-07-16): Uploaded loan approval
 07/26/2021     1 A   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
215686805 XXXX XXXX 100503   22392098     Credit 1003 Missing Document 1003 Missing Lender's Initial 1003/Application.   Missing LO signature on the Initial 1003.       Reviewer Comment (2021-07-26): Provided. Clear.


Buyer Comment (2021-07-23): Uploaded initial 1003 with LO signature.


Reviewer Comment (2021-07-22): Received initial 1003 however LO sign is still missing on it. condition remains.


Buyer Comment (2021-07-16): Initial 1003
 07/26/2021     1 A   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
215686805 XXXX XXXX 100503   22392099     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing Sprout Income/Bank Statement Worksheet for $9,184.58 additional income determined using 24 months Bank of America #3335 Shetu Shathi, Inc. JK Market business bank statements       Reviewer Comment (2021-07-22): Received 1084 or income worksheet hence condition cleared.


Buyer Comment (2021-07-16): Uploaded income worksheet
 07/22/2021     1 A   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
215686805 XXXX XXXX 100503   22392100     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Copy emailed 6[redacted] received[redacted] which is before[redacted] report date.  Please provide the initial appraisal report completed prior to [redacted].       Reviewer Comment (2021-07-26): Provided. Clear.


Buyer Comment (2021-07-16): Appraisal as of [redacted]
 07/26/2021     1 A   CA Primary Refinance - Rate/Term   C B C A C B A A Non QM Non QM No
215686805 XXXX XXXX 100503   22392101     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Appraisal fee increased by $[redacted]rovide VCC or cure for the increase in fees. Generic cure of $30 provided on the Final CD.       Reviewer Comment (2021-07-28): [redacted] received corrected CD,proof of mailing, Copy of refund check and LOX.


Buyer Comment (2021-07-27): Fee cured


Reviewer Comment (2021-07-22): [redacted] File Contains COC dated [redacted], [redacted],  [redacted] and [redacted]; however, Corresponding LE/CD are missing for mentioned COC's. Exception will be reevaluated once corresponding CD/LE's received.


Buyer Comment (2021-07-21): Refer to COC dated [redacted] for interest rate changed, COC dated [redacted] APR fluctuation, COC dated [redacted] change in loan amount, COC [redacted] change in loan amount


Buyer Comment (2021-07-21): COC dated [redacted] appraisal value/lock extended


Reviewer Comment (2021-07-20): [redacted] Received COC dated [redacted],[redacted],[redacted],[redacted],[redacted]; however, corresponding CD/LE not provided. Exception will be re-evaluated once Corresponding CD/LE received in file.


Buyer Comment (2021-07-16): COC for appraisal value pg. 16
   07/28/2021   2 B   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215686805 XXXX XXXX 100503   22392102     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow -  Reason TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on 07/01/2021 incorrectly disclosed whether the loan will have an escrow account. Reason why loan will not have an escrow account is not disclosed       Reviewer Comment (2021-07-29): LOE and PCCD received.


Buyer Comment (2021-07-16): Uploaded escrow waiver and revised CD
   07/29/2021   2 B   CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
215686805 XXXX XXXX 100503   22392103     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Loan Discount Points of $[redacted] added. Provide VCC or cure for the increase in fees. Generic cure of $30 provided on the Final CD.       Reviewer Comment (2021-07-28): [redacted] received corrected CD,proof of mailing, Copy of refund check and LOX.


Buyer Comment (2021-07-27): Fee cured


Reviewer Comment (2021-07-20): [redacted] Received COC dated [redacted],[redacted],[redacted],[redacted],[redacted]; however, corresponding CD/LE not provided. Exception will be re-evaluated once Corresponding CD/LE received in file.


Buyer Comment (2021-07-16): Refer to COC pg. 14 -18
   07/28/2021   2 B   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215686805 XXXX XXXX 100503   22392105     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Administration Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Administration Fee of $[redacted] added. Provide VCC or cure for the increase in fees. Generic cure of $30 provided on the Final CD.       Reviewer Comment (2021-07-28): [redacted] received corrected CD,proof of mailing, Copy of refund check and LOX.


Buyer Comment (2021-07-27): Fee cured


Reviewer Comment (2021-07-22): [redacted] File Contains COC dated [redacted], [redacted],  [redacted] and [redacted]; however, Corresponding LE/CD are missing for mentioned COC's. Exception will be reevaluated once corresponding CD/LE's received.


Buyer Comment (2021-07-21): Uploaded disclosure tracking


Reviewer Comment (2021-07-20): [redacted] Received COC dated [redacted],[redacted],[redacted],[redacted],[redacted]; however, corresponding CD/LE not provided. Exception will be re-evaluated once Corresponding CD/LE received in file.


Buyer Comment (2021-07-16): COC page. 14-18
   07/28/2021   2 B   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Non QM Non QM Yes
215686806 XXXX XXXX 100566   22392084     Credit Credit Miscellaneous Guideline Credit Exception:   Borrower self-employed 1.54 years less than 2 years minimum required.    Borrower purchased business,[redacted] per Articles of Incorporation. Borrower has been employed in the same industry for more than 5 years.   Owner Reviewer Comment (2021-07-15): Approved lender exception provided.
     07/15/2021 2 B   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215686806 XXXX XXXX 100566   22392085     Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - 2 full years employment not verified.  Borrower currently self-employed 1.54 years.  Prior XXXX wage start/end dates of prior employment are not verified. Borrowers made a down payment from their own funds on this purchase transaction of at least 5% and $[redacted].

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has verified disposable income of at least $[redacted].

Borrower has been employed in the same industry for more than 5 years.

The qualifying DTI on the loan is at least 10% less than the guideline maximum.		 > [redacted]% Owner

Owner

Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-05): Regrade for waive with Lender Exception and Comp Factors.


Buyer Comment (2021-08-03): prior employment is not for the borrower, see corrected 1003, as well as approved exception. b1 has been in that line of work for 14 years, and self employed/owner/ceo for a shorter period, hence the exception.


Reviewer Comment (2021-07-26): The start date for current employment is [redacted], which is not a 2 year history.  This is why the previous employment verification is still required to be verified.


Buyer Comment (2021-07-26): 2 years employment has been verified at current employment with [redacted]r. Please provide specific information with regard to the borrowers 2 years proof of employment - what isn't sufficient with regard to the verification that has been submitted. If one source of income was verified for 2 yrs, the prior employer which overlaps with current, but prior has ended,


Reviewer Comment (2021-07-23): Appendix Q require verification of 2 years of employment. Does not matter if borrower is employed or self employed, but 2 years must be verified.


Buyer Comment (2021-07-15): borrowers primary and current employment is listed as XXXX, and borrower is the owner, registration and employment start shows date filed as[redacted]. Employment at [redacted] shows end date of [redacted]. Please clear, prior employment isn't required to be 2 years and isn't required to be verified - borrower has current new employment, there appears to have been an overlap but ownership of T[redacted]r started [redacted].
     08/05/2021 2 B   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215686806 XXXX XXXX 100566   22392086     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation.   Missing verification of Borrower's ownership percentage in XXXX to suppoirt use of bank statement #[redacted]2 business assets for closing and or reserves.       Reviewer Comment (2021-08-05): Provided. Clear.


Buyer Comment (2021-08-03): see CPA letter which states 100% ownership.


Reviewer Comment (2021-07-23): Documentation provided does not reflect a percentage, just names. Please provide third party evidence of the percentage of the 10,000 shares of stock the borrower has.


Buyer Comment (2021-07-20): see business names and both borrowers are officers and owners.
 08/05/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215686806 XXXX XXXX 100566   22392087     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing verification of Borrower's ownership percentage in XXXX.  XXXX, P.A. business income used to qualify determined using 12 months Wells Fargo Bank #0622 Niebles & Samter PA business bank statements       Reviewer Comment (2021-07-26): CPA letter provided to verify percent of ownership.


Buyer Comment (2021-07-26): CPA letter for ownership


Reviewer Comment (2021-07-23): Documentation provided does not reflect a percentage, just names. Please provide third party evidence of the percentage of the 10,000 shares of stock the borrower has.


Buyer Comment (2021-07-16): approved exception was received, added for your review.


Buyer Comment (2021-07-15): company of XXXX is the same as XXXX, the company name changed over time.
 07/26/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215686806 XXXX XXXX 100566   22392089     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-23): Provided. Clear.


Buyer Comment (2021-07-15): approval added for your review
 07/23/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215686806 XXXX XXXX 100566   22392090     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided           Reviewer Comment (2021-07-23): Provided. Clear.


Buyer Comment (2021-07-15): see mavent added for your review
 07/23/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215686806 XXXX XXXX 100566   22392091     Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial 1003           Reviewer Comment (2021-07-23): Provided. Clear.


Buyer Comment (2021-07-15): initial 1003 added
 07/23/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215686806 XXXX XXXX 100566   22392092     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Final Closing Disclosure discloses a $[redacted] Lender cure credit for Appraisal fee tolerance.       Reviewer Comment (2021-07-13): Sufficient Cure Provided At Closing
   07/13/2021   1 A   FL Primary Purchase Final CD evidences Cure C B C B C B A A Non QM Non QM Yes
215686806 XXXX XXXX 100566   22392093     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 528.00 on Final Closing Disclosure provided on [redacted] not accurate.         Reviewer Comment (2021-07-27): [redacted] received Letter of Explanation & Corrected Closing Disclosure.
   07/27/2021   2 B   FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Non QM Non QM Yes
215686806 XXXX XXXX 100566   22392095     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied. Lender on Appraisal differs from Note.   Appraisal Transfer Letter is in file       Reviewer Comment (2021-08-05): Provided and clear.


Buyer Comment (2021-07-29): see appraisal transfer approval


Reviewer Comment (2021-07-23): Evidence [redacted]'s appraisal department accepted the transfer is required.


Buyer Comment (2021-07-20): see appraisal transfer letter added for your review
 08/05/2021     1 A   FL Primary Purchase   C B C B C B A A Non QM Non QM No
215686807 XXXX XXXX 100560   22392108     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Secondary Appraisal is required for Loan amount exceeding 1.[redacted]ot present in file.       Reviewer Comment (2021-07-20): Appraisal received , Exception cleared.


Buyer Comment (2021-07-15): Appraisal has been uploaded
 07/20/2021     1 A   CA Primary Purchase   D B D B C A A A Non QM Non QM No
215686807 XXXX XXXX 100560   22392110     Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy.   Guidelines max LVT is 75%       Reviewer Comment (2021-07-23): 2 unit set at 80% as requested by [redacted].


Reviewer Comment (2021-07-23): LTV changed to 80% as indicated by [redacted] and Matrix. Clear.


Buyer Comment (2021-07-15): This is a 2 unit property. LTV is limited to 80%
 07/23/2021     1 A   CA Primary Purchase   D B D B C A A A Non QM Non QM No
215686807 XXXX XXXX 100560   22392111     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Combined loan to value discrepancy.   Guidelines max LVT is 75%       Reviewer Comment (2021-07-23): LTV changed to 80% as indicated by [redacted] and Matrix. Clear.


Buyer Comment (2021-07-15): For 2 unit properties, LTV limited to 80%
 07/23/2021     1 A   CA Primary Purchase   D B D B C A A A Non QM Non QM No
215686807 XXXX XXXX 100560   22392112     Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard Insurance is not sufficient, File does not contain a Replacement cost estimate.       Reviewer Comment (2021-07-23): RCE provided. Clear.


Buyer Comment (2021-07-21): Replacement cost estimator uploaded
 07/23/2021     1 A   CA Primary Purchase   D B D B C A A A Non QM Non QM No
215686807 XXXX XXXX 100560   22392114     Credit Note General Note Loans with an application date after 10/01/2020 using a LIBOR Index are not Agency Salable. Index: ___; Note Date: ___         Reviewer Comment (2021-07-23): [redacted] elected to waive this condition.


Buyer Comment (2021-07-15): This condition should be waived
     07/23/2021 2 B   CA Primary Purchase   D B D B C A A A Non QM Non QM No
215686807 XXXX XXXX 100560   22392116     Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Only 1 month statement provided for US Bank (Acct #7915)       Reviewer Comment (2021-07-23): [redacted] statement received. Clear.
 07/23/2021     1 A   CA Primary Purchase   D B D B C A A A Non QM Non QM No
215686807 XXXX XXXX 100560   22392117     Compliance Compliance Federal Compliance TRID Defect TRID Lender Credit Tolerance Violation TILA-RESPA Integrated Disclosure: Zero Percent Tolerance exceeded for Lender Credits. Final Lender Credit of $[redacted]  is less than amount of binding Lender Credit previously disclosed in the amount of $[redacted]. Zero Percent Tolerance exceeded       Reviewer Comment (2021-08-02): [redacted] received changed circumstances.


Buyer Comment (2021-07-15): The lender decreased when the loan amount was lowered
 08/02/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D B C A A A Non QM Non QM Yes
215686807 XXXX XXXX 100560   22392118     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Tolerance exceeded       Reviewer Comment (2021-07-16): [redacted] received cure of $[redacted]0 at closing for the increased fee in the loan file.


Buyer Comment (2021-07-15): There is a $[redacted] lender credit on the final CD for costs above the legal limit.
 07/16/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B D B C A A A Non QM Non QM Yes
215686807 XXXX XXXX 100560   22392119     Compliance Compliance Federal Compliance TILA ARM Disclosure Timing Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within three (3) days of application. ARM loan program disclosure not provided to the borrower within three (3) days of application       Reviewer Comment (2021-07-23): Tracking provided. Clear.


Buyer Comment (2021-07-15): Disclosure tracking shows the Consumer Handbook on Adjustable-rate mortgages was sent [redacted]
 07/23/2021     1 A   CA Primary Purchase No Defined Cure D B D B C A A A Non QM Non QM No
215686807 XXXX XXXX 100560   22392120     Compliance Compliance Federal Compliance TILA CHARM Booklet Disclosure Timing TIL variable rate disclosure: Consumer Handbook on Adjustable Rate Mortgages, CHARM Booklet, not provided to the borrower within three (3) days of application. CHARM Booklet, not provided to the borrower within three (3) days of application.       Reviewer Comment (2021-07-23): Tracking provided. Clear.


Buyer Comment (2021-07-15): Charm Booklet uploaded
 07/23/2021     1 A   CA Primary Purchase No Defined Cure D B D B C A A A Non QM Non QM No
215686807 XXXX XXXX 100560   22392121     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided   Compliance report missing       Reviewer Comment (2021-07-20): Received Compliance report , Exception cleared.
 07/20/2021     1 A   CA Primary Purchase   D B D B C A A A Non QM Non QM No
215686807 XXXX XXXX 100560   22392122     Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Maximum Loan Amount discrepancy.   [redacted]score at 80% on A10 has a maximum loan amount of $[redacted]he subject loan amount exceeds allowable.       Reviewer Comment (2021-07-30): Lender provided Credit Policy memo 2021-43 which increased the max ln amt for the program to $[redacted] - ln amt no longer an issue.


Buyer Comment (2021-07-23): Please see Credit Policy Memo 2021-43: SP A 10 Loan amount up to $[redacted]
 07/30/2021     1 A   CA Primary Purchase   D B D B C A A A Non QM Non QM No
215686807 XXXX XXXX 100560   22392123     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure to borrower at closing       Reviewer Comment (2021-08-02): Sufficient Cure Provided At Closing
   08/02/2021   1 A   CA Primary Purchase Final CD evidences Cure D B D B C A A A Non QM Non QM Yes
215686808 XXXX XXXX 100542   22392132     Credit Missing Document General Missing Document Missing Document: Source of Funds/Deposit not provided   Missing source of funds documentation for the earnest deposit amount of $[redacted]. Please provide the bank statement or other acceptable documentation.       Reviewer Comment (2021-07-26): Cashiers check for $[redacted]0 EMD and bank statement $[redacted] showing transaction of $[redacted]0 received , exception cleared.


Buyer Comment (2021-07-22): I have uploaded the borrower's cashier's check and evidence the $[redacted] was withdrawn from his [redacted]acct # ending in [redacted]  for your review.
 07/26/2021     1 A   IL Primary Purchase   C A C A C A A A Non QM Non QM No
215686808 XXXX XXXX 100542   22392133     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing Third party verification to verify start date for the Business income for David Hill.       Reviewer Comment (2021-07-28): LLC new in [redacted] , CPA letter verified self employed over 2 years.


Reviewer Comment (2021-07-26): Provided CPA letter was already in file , however there is no start date mentioned in the letter . exception remains


Buyer Comment (2021-07-22): I have uploaded verification of the borrower's business documentation for your review.
 07/28/2021     1 A   IL Primary Purchase   C A C A C A A A Non QM Non QM No
215686808 XXXX XXXX 100542   22392136     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Loan Discount Points Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-07-27): [redacted] received lock confirmation stating lock has been extended and therefore the fee increased.


Buyer Comment (2021-07-26): I have also uploaded the Lock form to validate that on [redacted]  the change in APR was due to change in pricing and a lock extension fee which affected the discount points.


Reviewer Comment (2021-07-23): [redacted] Received COC dated [redacted]showing APR fluctuation is not a valid reason. Provide additional information on COC or provide Cure Docs,


Buyer Comment (2021-07-22): I have uploaded the Disclosure Tracking and COC (s) to confirm that the points changed on [redacted] due to APR Fluctuation.
 07/27/2021     1 A   IL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686808 XXXX XXXX 100542   22392137     Compliance Compliance State Compliance State Defect Illinois SB 1894 IL Predatory Lending Database Program (SB 1894) - Certificate of Compliance or Exemption not attached to mortgage for recording. Missing the IL - County - Certificate of Compliance or Exemption - SB1894 Disclosure.       Reviewer Comment (2021-07-28): Provided.


Buyer Comment (2021-07-22): I have uploaded the SB1894 attached to the mortgage from the Title Company for your review.
 07/28/2021     1 A   IL Primary Purchase   C A C A C A A A Non QM Non QM No
215686808 XXXX XXXX 100542   22392138     Credit Compliance Miscellaneous Compliance Compliance Transaction Error: Total Cash-out on a purchase transaction.           Reviewer Comment (2021-07-28): Borrower paid more in deposits money than what was received back at closing.


Buyer Comment (2021-07-22): Please refer to the Calculating Cash to Close section on the CD. The borrower's wired in $[redacted] to the Title Company and received $[redacted] back because they wire was for more then what was needed to close.
 07/28/2021     1 A   IL Primary Purchase   C A C A C A A A Non QM Non QM No
215686808 XXXX XXXX 100542   22392139     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   The post close CD indicated funds deposited to close of $[redacted] were greater than the funds available to close.  The statement from the noted account on the  PCCD, #[redacted]5 was last verified in[redacted] and the loan closed in[redacted].  Provided an updated statement showing sufficient funds for the closing funds.       Reviewer Comment (2021-08-05): Cleared


Buyer Comment (2021-08-05): Please review the attached documentation for source of funds to close.
 08/05/2021     1 A   IL Primary Purchase   C A C A C A A A Non QM Non QM No
215686808 XXXX XXXX 100542   22392140     Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2021-08-05): Cleared


Buyer Comment (2021-08-01): The Borrower's PITI is $[redacted]. Pursuant tot the final CD, the borrower wired $[redacted] to close from [redacted]acct 5695 and received $[redacted] back which equals $[redacted] + $[redacted] = [redacted]/$[redacted]  = 32 months reserves after closing.
 08/05/2021     1 A   IL Primary Purchase   C A C A C A A A Non QM Non QM No
215686809 XXXX XXXX 100573   22392124     Credit Credit Miscellaneous Guideline Credit Exception:   Missing copy of Borrower's lease agreement with Landlord for [redacted] to support Borrower's current housing expense.   Per initial and final 1003, Borrower's monthly rent is $[redacted] per month.    Originator submits copies of 10 cancelled checks and 2 bank statements that verify $[redacted] and $[redacted] monthly amounts paid to [redacted] Trust and a processors certification regarding varied amounts.       Reviewer Comment (2021-07-26): Lease agreement provided. Clear.


Buyer Comment (2021-07-19): see LOE and corresponding lease extension increasing rent from $[redacted] to $[redacted] per month
 07/26/2021     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
215686809 XXXX XXXX 100573   22392125     Credit Missing Document General Missing Document Incomplete Document: 1003 Final is incomplete   Final 1003 current housing expense to reflect actual monthly rent obligation.  Originator submits copies of 10 cancelled checks and 2 bank statements that verify $[redacted] and $[redacted] monthly amounts paid to [redacted] Trust and a processors certification regarding varied amounts. Per initial and final 1003, Borrower's monthly rent is $[redacted] per month       Reviewer Comment (2021-08-04): Cleared


Buyer Comment (2021-07-26): See LOE/Lease Extension reflecting rent increased January 1 2021 to $[redacted] lender final 1003 reflects updated rent amount of $[redacted] This is not material as the borrower is purchasing an owner occupied property and is no longer renting this property; please clear or escalate


Reviewer Comment (2021-07-26): 1003 does not reflect the amount indicated on the lease extension. Unable to clear.


Buyer Comment (2021-07-19): see lender final 1003
 08/04/2021     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
215686809 XXXX XXXX 100573   22392126     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-22): Approval received and associated.


Buyer Comment (2021-07-19): see approval
 07/22/2021     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
215686809 XXXX XXXX 100573   22392129     Credit Insurance Insurance Analysis Insurance The Hazard Insurance Policy effective date is after the Transaction Date. Hazard Insurance Policy Effective Date ___, Transaction Date:  ___ Hazard Insurance Policy effective date[redacted] is after 7[redacted] disbursement date The representative FICO score exceeds the guideline minimum by at least 40 points.

Borrower's monthly reserves have been verified and exceed the amount required based on the guidelines by at least 4 months.

Borrower has been employed in the same industry for more than 5 years.		 comp factors used to waive exception Owner

Owner

Owner,Originator		 Reviewer Comment (2021-08-04): comp factors used to waive exception


Buyer Comment (2021-08-03): see approved exception
     08/04/2021 2 B   CA Primary Purchase   C B C B A A A A Non QM Non QM No
215686809 XXXX XXXX 100573   22392130     Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.           Reviewer Comment (2021-07-26): Provided. Clear.


Buyer Comment (2021-07-19): P3 of the CD reflects CTC of $[redacted] + $[redacted] for total of $[redacted] cash to close; acct $[redacted] + acct#2069 $[redacted] =$[redacted] cash for closing leaving the retirement account balance of $[redacted]  for reserves @100% per FNMA guidelines
 07/26/2021     1 A   CA Primary Purchase   C B C B A A A A Non QM Non QM No
215686810 XXXX XXXX 100461   22392106     Credit Title General Title Title Policy Coverage is less than Original Loan Amount.           Reviewer Comment (2021-08-05): Endorsement provided with correct amount.


Buyer Comment (2021-07-27): The title company did not issue our title policy yet but attached is our title endorsement correcting the loan amount.  Same will be reflected on the loan policy once issued.
 08/05/2021     1 A   NJ Investment Purchase   C A C A     A A     No
215686811 XXXX XXXX 100567   22392143     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-08-02): Approval  document received exception cleared


Buyer Comment (2021-07-29): Apologize about that. Approval uploaded.


Reviewer Comment (2021-07-29): Need loan approval document not AUS. Exception remains.


Buyer Comment (2021-07-26): This was manually underwritten. There are no AUS findings.
 08/02/2021     1 A   FL Primary Purchase   C A C A A A A A Non QM Non QM No
215686812 XXXX XXXX 100565   22392147     Compliance Compliance Federal Compliance TRID Defect TRID Ten Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Ten Percent Fee Tolerance exceeded. Total amount of $[redacted] exceeds tolerance of $[redacted] plus 10% or $[redacted].  Insufficient or no cure was provided to the borrower. Ten Percent Fee Tolerance exceeded. Total amount of $[redacted], exceeds tolerance of $[redacted]. Cure reflected on final CD was insufficient to cover all tolerance issues.       Reviewer Comment (2021-08-04): [redacted] Received PCCD, LOE, Refund Check and Proof of Mailing.


Buyer Comment (2021-07-28): see PCCD docs


Reviewer Comment (2021-07-27): [redacted]: On Initial LE Title-Settlement fee $[redacted] and Recording fee $[redacted] whereas on Final CD Title-Settlement fee $[redacted]tle Courier fee $[redacted]tle Wirt fee $[redacted] Recording fee $[redacted]he Total of 10% Tolerance fee on LE is $739+10%($[redacted])=$[redacted]. However on Final CD total of 10% Tolerance is $[redacted]e need lender cure for $[redacted] along with Post close CD, LOE, Copy of check and Proof of delivery.


Buyer Comment (2021-07-26): Please confirm fees [redacted]is stating is causing the deficiency and refund your are requiring to cure
   08/04/2021   2 B   CA Primary Refinance - Rate/Term Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B A A C B A A Non QM Non QM Yes
215686813 XXXX XXXX 100580   22392146     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. 0% tolerance exceeded by $[redacted] due to Loan Discount Points Fee increase. No Valid Changed Circumstance provided, nor was there evidence of a cure in file.       Reviewer Comment (2021-08-02): [redacted] received COC dated [redacted]stating "Loan locked " for the fee increased in the loan file.


Buyer Comment (2021-07-30): increase due to interest rate change
 08/02/2021     1 A   CO Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A A A C A A A Non QM Non QM Yes
215686814 XXXX XXXX 100572   22392150     Credit Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal not provided   Second Appraisal is required for loan amount above 1.5M       Reviewer Comment (2021-08-05): [redacted] 2nd appraisal received. Cleared.


Buyer Comment (2021-08-04): Uploaded appraisal as of 06.16 with an appraised value of $[redacted]hank  you


Buyer Comment (2021-08-04): [redacted] (page 520/863 D254)  and the second by appraiser [redacted] signed [redacted] (page 557/863 D255).


Reviewer Comment (2021-08-03): Need secondary appraisal. Provided are 2 copies of same appraisal.


Buyer Comment (2021-07-29): Uploaded both appraisals. Please let me know if you need additional documentation.


Reviewer Comment (2021-07-29): The loan amount $[redacted] is greater than 1,500,000 and requires two appraisals.
Two copies of the same appraisal were located in the loan file - D0056 & D0233. Second Appraisal was not located in the loan file. Kindly provide Second Appraisal - Exception remains.
 08/05/2021     1 A   CA Primary Purchase   D A D A C A C A Non QM Non QM No
215686814 XXXX XXXX 100572   22392151     Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is missing secondary valuation product required for securitization.   The Desk review or CDA is missing.       Reviewer Comment (2021-08-02): the risk score is less than 2.5.hence cleared the condition


Buyer Comment (2021-07-29): SSR reports for both appraisals uploaded. The SSR risk score is less than 2.5, a CDA is not required.


Reviewer Comment (2021-07-29): No document received, The Desk review or CDA is missing - Exception remains.
 08/02/2021     1 A   CA Primary Purchase   D A D A C A C A Non QM Non QM No
215686814 XXXX XXXX 100572   22392153     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.         Reviewer Comment (2021-08-02): received doc .hence cleared the condition
 08/02/2021     1 A   CA Primary Purchase   D A D A C A C A Non QM Non QM No
215686814 XXXX XXXX 100572   22392154     Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of 3,751.00 on Final Closing Disclosure provided on [redacted] not accurate.         Reviewer Comment (2021-08-05): [redacted] Received documentation. Cleared.


Buyer Comment (2021-07-27): The HOA dues are $[redacted] a month. According to §1026.38 Content of disclosures for certain mortgage transactions (CD) During the first year. Section 1026.38(l)(7)(i)(B)(1) requires disclosure based on payments during the first year after consummation. A creditor may comply with this requirement by basing the disclosure on a 12-month period beginning with the borrower's initial payment date OR on a 12-month period beginning with consummation. Using an 11 month amount is acceptable.
 08/05/2021     1 A   CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure D A D A C A C A Non QM Non QM Yes
215686814 XXXX XXXX 100572   22392155     Compliance Compliance Federal Compliance TRID Defect TRID Initial Loan Estimate Timing Electronically Provided TILA-RESPA Integrated Disclosure: Loan Estimate not delivered or placed in the mail to Borrower(s) within three (3) business days of application.         Reviewer Comment (2021-08-05): [redacted] Received documentation. Cleared.


Buyer Comment (2021-07-27): Initial Disclosures sent[redacted]
 08/05/2021     1 A   CA Primary Purchase   D A D A C A C A Non QM Non QM No
215686814 XXXX XXXX 100572   22392156     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-27): [redacted] received cure of $[redacted] at closing for the increased fee in the loan file.


Buyer Comment (2021-07-27): Final CD has a cure of $[redacted]  for increase in closings costs above the legal limit
 07/27/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D A D A C A C A Non QM Non QM Yes
215686814 XXXX XXXX 100572   22392157     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Loan Tie-In Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-28): [redacted] Received SSPL and borrower shopped for service.


Reviewer Comment (2021-07-27): Please provide Settlement service provider list in order to verify whether the borrower shopped for the service or not in order to revaluate the exception


Buyer Comment (2021-07-27): Borrower shopped for title services. The third-party fee is in the unlimited tolerance category, a cure is not required.
 07/28/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D A D A C A C A Non QM Non QM Yes
215686814 XXXX XXXX 100572   22392158     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - SubEscrow Fee.  Fee Amount of $62.50 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-28): [redacted] Received SSPL and borrower shopped for service.


Reviewer Comment (2021-07-27): Please provide Settlement service provider list in order to verify whether the borrower shopped for the service or not in order to revaluate the exception


Buyer Comment (2021-07-27): Borrower shopped for title services. The third-party fee is in the unlimited tolerance category, a cure is not required.
 07/28/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D A D A C A C A Non QM Non QM Yes
215686814 XXXX XXXX 100572   22392159     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Title - Wire /Funding/ Disbursement Fee.  Fee Amount of $12.50 exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower. Zero Percent Fee Tolerance exceeded       Reviewer Comment (2021-07-28): [redacted] Received SSPL and borrower shopped for service.


Reviewer Comment (2021-07-27): Please provide Settlement service provider list in order to verify whether the borrower shopped for the service or not in order to revaluate the exception


Buyer Comment (2021-07-27): Borrower shopped for title services. The fee is in the unlimited tolerance category, a cure is not required.
 07/28/2021     1 A   CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D A D A C A C A Non QM Non QM Yes
215686814 XXXX XXXX 100572   22392160     Compliance Compliance Federal Compliance TRID TRID non-compliant: Missing Seller's Closing Disclosure.   Seller Disclosure is missing       Reviewer Comment (2021-08-05): [redacted] Seller CD fees on Consumer CD. Cleared.


Buyer Comment (2021-08-02): Transactions involving a seller - When the consumer's and seller's disclosures under this paragraph (f) are provided on separate documents, as permitted under § 1026.38(t)(5), the settlement agent shall provide to the creditor (if the creditor is not the settlement agent) a copy of the disclosures provided to the seller under paragraph (f)(4)(i) of this section. The final executed CD has both the borrower and seller fees.


Buyer Comment (2021-07-27): Executed CD has seller fees
 08/05/2021     1 A   CA Primary Purchase Good Faith Redisclosure D A D A C A C A Non QM Non QM Yes
215686814 XXXX XXXX 100572   22392161     Compliance Compliance Federal Compliance TRID TRID Appraisal Disclosure - ECOA Timing ECOA - File does not evidence the consumer was provided with the right to receive a copy of the Appraisal Disclosure within 3 days of the loan application date. receive a copy of the Appraisal Disclosure within 3 days       Reviewer Comment (2021-08-02): doc received. exceptiom cleared


Buyer Comment (2021-07-27): Disclosure Tracking for initial disclosures.
 08/02/2021     1 A   CA Primary Purchase   D A D A C A C A Non QM Non QM Yes
215686814 XXXX XXXX 100572   22392162     Compliance Compliance Federal Compliance TRID TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. Borrower not provided with list of service providers.       Reviewer Comment (2021-07-28): [redacted] Received SSPL.
 07/28/2021     1 A   CA Primary Purchase No Defined Cure D A D A C A C A Non QM Non QM No
215686814 XXXX XXXX 100572   22392163     Credit Title Document Error Title There is no dollar amount noted on the title policy.           Reviewer Comment (2021-08-02): received document number 0234 loe from title company the loan amount is correct. Hence cleared the condition
 08/02/2021     1 A   CA Primary Purchase   D A D A C A C A Non QM Non QM No
215686814 XXXX XXXX 100572   22392164     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Second Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-28): Sufficient Cure Provided At Closing
   07/28/2021   1 A   CA Primary Purchase Final CD evidences Cure D A D A C A C A Non QM Non QM Yes
215686815 XXXX XXXX 100521   22392165     Credit Missing Document General Missing Document Missing Document: Cancelled Check(s) not provided   Loan file only contains 8 checks from most recent 12 mo to document housing history.  Letter in file indicates the missing months were paid in cash; however guidelines require 12 mo of cancelled checks/bank statements to support a VOR. The qualifying DTI on the loan is at least 10% less than the guideline maximum.

Borrower has worked in the same position for more than 3 years.

The representative FICO score exceeds the guideline minimum by at least 40 points.		 Lender compensating factor Owner

Owner

Owner,Originator Pre-Close		 Reviewer Comment (2021-07-23): Lender granted an exception
     07/23/2021 2 B   FL Primary Purchase   C B C B B A C A Non QM Non QM No
215686815 XXXX XXXX 100521   22392167     Property Property - Appraisal Property Eligibility - Zoning and Usage Property - Appraisal Valuation Issue: Subject use is illegal for zoning. -         Reviewer Comment (2021-07-30): cleared


Buyer Comment (2021-07-30): Please note that I have sent this to our Appraisal Review Dept. to look at.  I am not sure the CDA and the ARR will be all that we need.  Thank you.


Buyer Comment (2021-07-27): I have attached the ARR and the CDA reports that have no eligibility issues.  Please advise if  you wish anything further to review.
 07/30/2021     1 A   FL Primary Purchase   C B C B B A C A Non QM Non QM No
215686815 XXXX XXXX 100521   22392169     Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule (Dodd-Frank 2014): Safe Harbor requirements not satisfied.         Reviewer Comment (2021-07-30): Cleared


Buyer Comment (2021-07-27): Please explain what I need to provide to cure this exception for you!  Thank you
 07/30/2021     1 A   FL Primary Purchase   C B C B B A C A Non QM Non QM No
215686815 XXXX XXXX 100521   22392170     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-22): Sufficient Cure Provided At Closing
   07/22/2021   1 A   FL Primary Purchase Final CD evidences Cure C B C B B A C A Non QM Non QM Yes
215686815 XXXX XXXX 100521   22392171     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Reinspection Fee.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-22): Sufficient Cure Provided At Closing
   07/22/2021   1 A   FL Primary Purchase Final CD evidences Cure C B C B B A C A Non QM Non QM Yes
215686815 XXXX XXXX 100521   22392172     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-28): Received Approval document , Exception cleared.


Buyer Comment (2021-07-27): The [redacted] Summary Findings and the Underwriter's Conditional Approval are attached for your revew.
 07/28/2021     1 A   FL Primary Purchase   C B C B B A C A Non QM Non QM No
215686815 XXXX XXXX 100521   22392173     Credit Credit Miscellaneous Guideline Credit Exception:   Appraisal transfer letter in file does not meet guidelines as it appears to have been completed by a party involved in production.  Additionally, the loan file does not contain evidence of the transfer from [redacted]'s Appraisal Department as required by guidelines.       Reviewer Comment (2021-07-30): Cleared


Buyer Comment (2021-07-29): The resigned Appraisal Transfer Letter has been uploaded for your review.
 07/30/2021     1 A   FL Primary Purchase   C B C B B A C A Non QM Non QM No
215686816 XXXX XXXX 100462   22392176     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Mortgage Broker Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Insufficient cure provided for fee exceeding tolerance       Reviewer Comment (2021-07-27): [redacted] Received Valid COC for loan amount changed.


Buyer Comment (2021-07-27): see COC
 07/27/2021     1 A   PA Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686816 XXXX XXXX 100462   22392177     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-29): Approval Document associated, Exception Cleared.


Buyer Comment (2021-07-27): see approval
 07/29/2021     1 A   PA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
215686816 XXXX XXXX 100462   22392178     Credit Credit Miscellaneous Guideline Credit Exception:   Guidelines indicate mobile homes are an ineligible property type.  Appraisal indicates subject was originally a mobile home but has been "re-built".  Documentation to be provided verifying the construction of the home no longer has any of the mobile home elements (IE: was entire mobile home removed and current home rebuilt?  or just gutted to a shell and rebuilt? etc.)  Must have third party documentation to support.       Reviewer Comment (2021-08-04): Upon further review, appraiser comments as well as HOI indicating property is frame construction - issue is cleared.


Buyer Comment (2021-07-27): See Appraisal p3 which states " The current owner completely gutted the dwelling with only te foundation / crawl space kept in 2017, per county assessment department records it is considered a stick built ranch dwelling" - no additional document should be required as the appraisal reflects complete rebuild which county recognizes


Buyer Comment (2021-07-27): see COC
 08/04/2021     1 A   PA Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
215686817 XXXX XXXX 100419   22392179     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided             07/29/2021     1 A   AZ Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
215686817 XXXX XXXX 100419   22392180     Credit Credit Credit Documentation Credit Missing Document: Compliance Report (Mavent, ComplianceEase, etc.) not provided             07/30/2021     1 A   AZ Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
215686817 XXXX XXXX 100419   22392181     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: -           07/29/2021     1 A   AZ Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
215686817 XXXX XXXX 100419   22392183     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail.           07/29/2021     1 A   AZ Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C A C A C A A A Non QM Non QM Yes
215686817 XXXX XXXX 100419   22392184     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - Bank Statements Ability-to-Repay (Dodd-Frank 2014): Unable to verify current employment status using reasonably reliable third-party records.           07/29/2021     1 A   AZ Primary Refinance - Cash-out - Other   C A C A C A A A Non QM Non QM No
215686817 XXXX XXXX 100419   22392186     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower.           07/28/2021     1 A   AZ Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686817 XXXX XXXX 100419   22392187     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Collateral Desktop Analysis.  Fee Amount of $[redacted] exceeds tolerance of $0.00.  Insufficient or no cure was provided to the borrower.           07/30/2021     1 A   AZ Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C A C A C A A A Non QM Non QM Yes
215686817 XXXX XXXX 100419   22533127     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $600.00 exceeds tolerance of $575.00.  Sufficient or excess cure was provided to the borrower at Closing. : SitusAMC: Sufficient cure was provided at closing/TD       Reviewer Comment (2021-08-23): Sufficient Cure Provided At Closing
   08/23/2021   1 A   AZ Primary Refinance - Cash-out - Other Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
215686818 XXXX XXXX 100576   22392197     Compliance Compliance Miscellaneous Compliance Missing Non-Required Data Paid To party cannot be determined on the Closing Disclosure. For compliance testing purposes, Paid To of Lender will be considered in lieu of UTD. - Paid to party can not be determined. For compliance testing purposes Paid to of Lender will be considered in lieu of UTD       Buyer Comment (2021-07-29): [redacted] has elected to waive this exception.
     07/29/2021 2 B   HI Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Non QM Non QM Yes
215686818 XXXX XXXX 100576   22392198     Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Provided Prior to Date Performed ECOA Valuations Rule (Dodd-Frank 2014): Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements. Unable to determine compliance with appraisal timing requirements. Valuation provided prior to date valuation was performed,  The appraisal in the file is an updated version.  Provide original dated report.       Buyer Comment (2021-07-29): [redacted] has elected to waive this exception.
     07/29/2021 2 B   HI Primary Purchase   B B A A B B A A Non QM Non QM No
215686819 XXXX XXXX 100590   22392195     Credit Credit Miscellaneous Guideline Credit Exception:   There is no third party documentation in the loan file to confirm the start date of the borrower's business.       Reviewer Comment (2021-08-05): Cleared


Buyer Comment (2021-08-02): I know you received the CPA letter verifying the borrower has been self employed for over 2 years but I was not sure you received the State of CA Dept. of Real Estate information which shows the borrower has been licensed since [redacted]


Buyer Comment (2021-07-29): I have uploaded the California license look-up results and he CPA letter for your review.
 08/05/2021     1 A   CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
215686820 XXXX XXXX 100589   22392190     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-08-02): Received Approval Document With Correct Loan Amount, Exception Cleared.


Buyer Comment (2021-07-29): Approval uploaded  for you review
 08/02/2021     1 A   AZ Investment Refinance - Cash-out - Other   C A C A     A A     No
215686821 XXXX XXXX 100584   22392188     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-07-30): Approval Document associated, Exception Cleared.


Buyer Comment (2021-07-29): Approval uploaded for your review.
 07/30/2021     1 A   IN Investment Purchase   C A C A     A A     No
215686821 XXXX XXXX 100584   22392189     Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Certificate of Good Standing not provided           Reviewer Comment (2021-07-30): Certificate of Good Standing document associated, Exception Cleared.


Buyer Comment (2021-07-29): Good standing document uploaded for your review. Non-QM loan okay for for post close document.
 07/30/2021     1 A   IN Investment Purchase   C A C A     A A     No
215686824 XXXX XXXX 100533   22392218     Credit Credit Credit Documentation Guideline Missing Document: Verification of Rent (VOR) / Verification of Mortgage (VOM) not provided   Not provided       Reviewer Comment (2021-08-03): Received Bank Statement for VOR. Exception Cleared.
 08/03/2021     1 A   VA Primary Purchase   C A C A A A A A Non QM Non QM No
215686824 XXXX XXXX 100533   22392221     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Credit Report Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. No valid COC in the file for the increased fee. Final CD reflected a cure, however it was not sufficient to cover all of the tolerance issues.       Reviewer Comment (2021-07-27): Sufficient Cure Provided At Closing
   07/27/2021   1 A   VA Primary Purchase Final CD evidences Cure C A C A A A A A Non QM Non QM Yes
215686825 XXXX XXXX 100550   22392217     Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Appraisal Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-07-28): Sufficient Cure Provided At Closing
   07/28/2021   1 A   FL Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
215707623 XXXX XXXX 100672   22448218     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided           Reviewer Comment (2021-06-11): Provided.
 06/11/2021     1 A   FL Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
215707623 XXXX XXXX 100672   22448219     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided           Reviewer Comment (2021-06-11): Provided.
 06/11/2021     1 A   FL Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
215707623 XXXX XXXX 100672   22448220     Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: Zero Percent Fee Tolerance exceeded for Loan Discount Points.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Missing valid Change of Circumstance.  Lender cure credit for $[redacted] tolerance < $[redacted] tolerance amount.       Reviewer Comment (2021-06-10): [redacted] received[redacted] CD and changed circumstance


Buyer Comment (2021-06-09): SEE COC FORM, LOAN PRICING CHANGE AND DISCOUNT FEE CHANGED AS WELL
 06/10/2021     1 A   FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD C B C A C B A A Safe Harbor QM Non QM No
215707623 XXXX XXXX 100672   22448222     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing 2021 YTD and 2020 Year P&L and Balance Sheet for Schedule C income       Reviewer Comment (2021-06-11): Documents provided.


Buyer Comment (2021-06-09): please clarify - do you need P&Ls for [redacted] and [redacted] - or - do you need the transcripts for [redacted] and [redacted] ?
 06/11/2021     1 A   FL Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
215707623 XXXX XXXX 100672   22448223     Credit Income / Employment Income Documentation Income / Employment Income Docs Missing:   Missing recent 2 years IRS Transcripts (2[redacted] Guidelines)       Reviewer Comment (2021-06-19): Cleared


Buyer Comment (2021-06-16): SEE TRANSCRIPTS ADDED FOR YOUR REVIEW
 06/19/2021     1 A   FL Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
215707623 XXXX XXXX 100672   22448225     Compliance Compliance Federal Compliance ATR/QM Defect Sole Proprietorship Income Documentation Test Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Sole Proprietorship). Missing [redacted] YTD and [redacted]Year P&L and Balance Sheet for Schedule C income       Reviewer Comment (2021-06-11): Documents provided.


Buyer Comment (2021-06-09): cpa letter supports that borrower is sole owner
 06/11/2021     1 A   FL Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
215707623 XXXX XXXX 100672   22448226     Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Income and Assets - No DTI Provided Ability to Repay (Dodd-Frank 2014): No debt to income ratio (or a negative or zero ratio) was provided to demonstrate ability to repay.         Reviewer Comment (2021-07-27): 1099 income entered and 1 year income used. Clear


Buyer Comment (2021-07-20): see updated approval - program is a J10, please review as a J10


Reviewer Comment (2021-06-19): Tax Transcripts do not support Lender income calculation


Buyer Comment (2021-06-16): TRANSCRIPTS ADDED FOR YOUR REVIEW
 07/27/2021     1 A   FL Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
215707623 XXXX XXXX 100672   22448227     Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. DTI       Reviewer Comment (2021-07-27): 1099 income entered and 1 year income used. Clear
 07/27/2021     1 A   FL Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
215707623 XXXX XXXX 100672   22448229     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Approval not provided   The loan program changed to J10, non-QM program, post close.  Provide updated loan approval.       Reviewer Comment (2021-07-27): Provided. Clear.


Buyer Comment (2021-07-20): SEE approval added for your review
 07/27/2021     1 A   FL Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
215707623 XXXX XXXX 100672   22448230     Credit Credit General Credit Initial Rate Lock rate date is not documented in file.   The loan program changed to J10, non-QM program, post close.  Provide updated rate lock.       Reviewer Comment (2021-07-27): Provided. Clear.


Buyer Comment (2021-07-20): see lock form added for your review
 07/27/2021     1 A   FL Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
215707623 XXXX XXXX 100672   22448231     Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: Loan Underwriting and Transmittal Summary (1008) / MCAW not provided   The loan program changed to J10, non-QM program, post close.  Provide updated 1008.       Reviewer Comment (2021-07-27): Provided. Clear.


Buyer Comment (2021-07-20): see updated approval - program is a J10, please review as a J10
 07/27/2021     1 A   FL Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No
215707623 XXXX XXXX 100672   22448232     Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - ATR Ability to Repay (Dodd-Frank 2014): Originator Loan Designation of Non QM does not match Due Diligence Loan Designation of ATR Fail. The loan program changed to J10, non-QM program, post close.       Reviewer Comment (2021-07-27): 1099 income entered and 1 year income used. Clear


Buyer Comment (2021-07-20): see updated approval - program is a J10, please review as a J10
 07/27/2021     1 A   FL Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM Non QM No
215707623 XXXX XXXX 100672   22448233     Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank 2014): The initial Loan Designation provided did not match.  However, the updated Loan Designation of Non QM matches the Due Diligence Loan Designation of Non QM. Loan changed from E1 to J10.       Reviewer Comment (2021-07-28): Waived


Buyer Comment (2021-07-28): the updated documentation should already be in the file, and indicate J10.


Buyer Comment (2021-07-28): Please advise what is needed to clear this finding?
     07/28/2021 2 B   FL Primary Purchase   C B C A C B A A Safe Harbor QM Non QM No