EX-99.2 8 e7287ex99-2sch1.htm CONDITIONS REPORT

Exhibit 99.2 - Schedule 1

Client Name: HOF 2019-3
Client Project Name: HOF 2019-3
Start - End Dates: 9/26/2016 - 6/5/2019
Deal Loan Count: 8
   
Conditions Report 2.0
   
Loans in Report: 8
Loans with Conditions: 8

 

             
0 - Total Active Conditions
             
             
             
25 - Total Satisfied Conditions
             
      6 - Credit Review Scope
          1 - Category: Application
          1 - Category: Assets
          1 - Category: Credit/Mtg History
          1 - Category: DTI
          1 - Category: Income/Employment
          1 - Category: Legal Documents
      1 - Property Valuations Review Scope
          1 - Category: Appraisal
      18 - Compliance Review Scope
          1 - Category: Ability to Repay/Qualified Mortgage
          1 - Category: Documentation
          16 - Category: TILA/RESPA Integrated Disclosure
15 - Total Waived Conditions
             
      6 - Credit Review Scope
          1 - Category: Application
          1 - Category: Assets
          4 - Category: Terms/Guidelines
      9 - Compliance Review Scope
          1 - Category: Federal Consumer Protection
          1 - Category: State Rate Spread
          7 - Category: TILA/RESPA Integrated Disclosure
             


©2019 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited. 

 

 

Client Name: HOF 2019-3
Client Project Name: HOF 2019-3
Start - End Dates: 9/26/2016 - 6/5/2019
Deal Loan Count: 8
   
Conditions Report 2.0
   
Loans in Report: 8
Loans with Conditions: 8

 

Loan Number Original Principal Balance State Initial Lender ATR/QM Status Loan Level ATR/QM Status Initial Securitization Overall Loan Grade Final Securitization Overall Loan Grade Initial Securitization Credit Loan Grade Final Securitization Credit Loan Grade Initial Securitization Property Valuations Loan Grade Final Securitization Property Valuations Loan Grade Initial Securitization Compliance Loan Grade Final Securitization Compliance Loan Grade Initial S&P Overall Loan Grade Final S&P Overall Loan Grade Initial S&P Credit Loan Grade Final S&P Credit Loan Grade Initial S&P Property Valuations Loan Grade Final S&P Property Valuations Loan Grade Initial S&P Compliance Loan Grade Final S&P Compliance Loan Grade Condition Category Condition Sub Category Condition Status Initial Securitization Condition Grade Final Securitization Condition Grade Initial S&P Condition Grade Final S&P Condition Grade Condition Code Condition Description Condition Material Indicator Initial Comments Client/Seller Response Comments Conclusion Comments TRID Error Type Cure Method Compensating Factors
3113002866 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors D A B A A A D A D A B A A A D A Compliance Ability to Repay/Qualified Mortgage Satisfied D A D A CMPATRQM3220 TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status. No Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status due to missing evidence of taxes and HOA fees for XXX and XXX to support expense listed on 1003 and included in DTI. 9.28.16 - lender provided taxes and HOA fees for XXX and XXX 9.28.16 - condition satisfied. (No Data) (No Data) CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  766 credit score; minimum required is 680.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI is 10.73%; guideline maximum is 50%.

CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been XXX in same business for over 6 years.
3113002866 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors D A B A A A D A D A B A A A D A Compliance TILA/RESPA Integrated Disclosure Satisfied B A B A CMPTRID3730 TRID - Error #2 discovered on Closing Disclosure No Non numeric clerical error CD: 09/XX/2016-1, CD: 09/XX/2016-1, Section: Closing Information, Field: Street Address, Value: XXX does not match Security Interest Street Address, Value: XXX  10/3/16 - Post Close CD dated 10/3/16 has the correct address, XXX. 10/3/16 - Exception satisfied. (No Data) Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  766 credit score; minimum required is 680.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI is 10.73%; guideline maximum is 50%.

CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been XXX in same business for over 6 years.
3113002866 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors D A B A A A D A D A B A A A D A Credit DTI Satisfied B A B A CRDDTI2540 Missing verification of some or all components of non-subject PITI No Missing evidence of taxes and HOA fees for XXX and XXX to support expense listed on 1003 and included in DTI. 9.28.16 - lender provided taxes and HOI, still need HOA. 9.28.16 - lender provided HOA for XXX and XXX to support expense listed on 1003 and included in DTI. 9.28.16 - condition remains.9.28.16 - condition satisfied. (No Data) (No Data) CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  766 credit score; minimum required is 680.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI is 10.73%; guideline maximum is 50%.

CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  Borrower has been XXX in same business for over 6 years.
4461205702 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B A A A A C B C B A A A A C B Compliance State Rate Spread Waived B B B B CMPSRS2051 CA Higher-Priced Loan No Test APR is 6.550% versus CA higher priced loan Benchmark rate of 4.640% for a variance of 1.910% exceeding the CA higher priced loan rate spread trigger of 1.500%. 10/16/2018-  Client requested to waived. 10/16/2018- Waiver applied. (No Data) Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 745 is 105 points higher than the required score of 640.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 38.13% is 11.87% lower than the maximum DTI of 50%.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  85% LTV is 5% lower than the maximum LTV of 90%.
4461205702 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B A A A A C B C B A A A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID4074 TRID - CD: The Minimum Payment as disclosed in second column on the Projected Payments section of the Final Closing Disclosure which does not match Clayton's calculated minimum payment for the second column as based on the Note terms No Final CD dated 05.XX.2018 The Minimum Payment as disclosed in second column in the Projected Payments section does not match Clayton's calculated minimum payment for the second column as based on the Note terms, CD disclosed from Band 2: ($2307.00) and Clayton disclosed from Band 2: ($2000.09). 9/24/2018: Lender provided PCCD dated 7/XX/2018 with the correct minimum payment and total minimum payment for all columns in the Projected Payments section and a letter of explanation to the borrower. 9/24/2018: Exception satisfied. However, exception CMPTRID3940 generated as a result of entering the PCCD. Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 745 is 105 points higher than the required score of 640.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 38.13% is 11.87% lower than the maximum DTI of 50%.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  85% LTV is 5% lower than the maximum LTV of 90%.
4461205702 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B A A A A C B C B A A A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID4075 TRID - CD: The Minimum Payment as disclosed in third column on the Projected Payments section of the Final Closing Disclosure which does not match Clayton's calculated minimum payment for the third column as based on the Note terms No Final CD dated 05.XX.2018 The Minimum Payment as disclosed in third column in the Projected Payments section does not match Clayton's calculated minimum payment for the third column as based on the Note terms, CD disclosed from Band 3: ($2009.00) and Clayton disclosed from Band 3: ($2000.09). 9/24/2018: Lender provided PCCD dated 7/XX/2018 with the correct minimum payment and total minimum payment for all columns in the Projected Payments section and a letter of explanation to the borrower. 9/24/2018: Exception satisfied. However, exception CMPTRID3940 generated as a result of entering the PCCD. Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 745 is 105 points higher than the required score of 640.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 38.13% is 11.87% lower than the maximum DTI of 50%.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  85% LTV is 5% lower than the maximum LTV of 90%.
4461205702 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B A A A A C B C B A A A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID4076 TRID - CD: The Minimum Payment as disclosed in fourth column on the Projected Payments section of the Final Closing Disclosure which does not match Clayton's calculated minimum payment for the fourth column as based on the Note terms No Final CD dated 05.XX.2018 The Minimum Payment as disclosed in fourth column in the Projected Payments section does not match Clayton's calculated minimum payment for the fourth column as based on the Note terms, CD disclosed from Band 4: ($2009.00) and Clayton disclosed from Band 4: ($2000.09). 9/24/2018: Lender provided PCCD dated 7/XX/2018 with the correct minimum payment and total minimum payment for all columns in the Projected Payments section and a letter of explanation to the borrower. 9/24/2018: Exception satisfied. However, exception CMPTRID3940 generated as a result of entering the PCCD. Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 745 is 105 points higher than the required score of 640.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 38.13% is 11.87% lower than the maximum DTI of 50%.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  85% LTV is 5% lower than the maximum LTV of 90%.
4461205702 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B A A A A C B C B A A A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID4082 TRID - CD: The Total Minimum Payment as disclosed in second column on the Projected Payments section of the Final Closing Disclosure which does not match Clayton's calculated total minimum payment for the second column as based on the Note terms No Final CD dated 05.XX.2018 The Total Minimum Payment as disclosed in second column in the Projected Payments section does not match Clayton's calculated Total minimum payment for the second column as based on the Note terms, CD disclosed from Band 2: ($2980.00) and Clayton disclosed from Band 2: ($2673.35). 9/24/2018: Lender provided PCCD dated 7/XX/2018 with the correct minimum payment and total minimum payment for all columns in the Projected Payments section and a letter of explanation to the borrower. 9/24/2018: Exception satisfied. However, exception CMPTRID3940 generated as a result of entering the PCCD. Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 745 is 105 points higher than the required score of 640.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 38.13% is 11.87% lower than the maximum DTI of 50%.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  85% LTV is 5% lower than the maximum LTV of 90%.
4461205702 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B A A A A C B C B A A A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID4083 TRID - CD: The Total Minimum Payment as disclosed in third column on the Projected Payments section of the Final Closing Disclosure which does not match Clayton's calculated total minimum payment for the third column as based on the Note terms No Final CD dated 05.XX.2018 The Total Minimum Payment as disclosed in third column in the Projected Payments section does not match Clayton's calculated Total minimum payment for the third column as based on the Note terms, CD disclosed from Band 3: ($2682.00) and Clayton disclosed from Band 3: ($2673.35). 9/24/2018: Lender provided PCCD dated 7/XX/2018 with the correct minimum payment and total minimum payment for all columns in the Projected Payments section and a letter of explanation to the borrower. 9/24/2018: Exception satisfied. However, exception CMPTRID3940 generated as a result of entering the PCCD. Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 745 is 105 points higher than the required score of 640.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 38.13% is 11.87% lower than the maximum DTI of 50%.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  85% LTV is 5% lower than the maximum LTV of 90%.
4461205702 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B A A A A C B C B A A A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID4084 TRID - CD: The Total Minimum Payment as disclosed in fourth column on the Projected Payments section of the Final Closing Disclosure which does not match Clayton's calculated total minimum payment for the fourth column as based on the Note terms No Final CD dated 05.XX.2018 The Total Minimum Payment as disclosed in fourth column in the Projected Payments section does not match Clayton's calculated Total minimum payment for the fourth column as based on the Note terms, CD disclosed from Band 4: ($2682.00) and Clayton disclosed from Band 4: ($2673.35). 9/24/2018: Lender provided PCCD dated 7/XX/2018 with the correct minimum payment and total minimum payment for all columns in the Projected Payments section and a letter of explanation to the borrower. 9/24/2018: Exception satisfied. However, exception CMPTRID3940 generated as a result of entering the PCCD. Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 745 is 105 points higher than the required score of 640.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 38.13% is 11.87% lower than the maximum DTI of 50%.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  85% LTV is 5% lower than the maximum LTV of 90%.
4461205702 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B A A A A C B C B A A A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied N/A B N/A B CMPTRID3938 TRID - CD: The max payment as stated in the CD Loan Terms section does not match the highest possible payment noted within the CD Projected Payments section and/or, if applicable, the AP Table No The max payment value of $4162 as stated in the Loan Terms section of PCCD 9/XX/2018 does not match the highest possible payment of $4146 as noted within the CD Projected Payments section. Provide a post close CD with correction to the Loan Terms section and a letter of explanation to the borrower.  7.3.19 - Client provided PCCD dated 9/XX/18 correcting Loan terms section, LOX, and proof of delivery to borrower. 7.3.19 - Exception satisfied. Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 745 is 105 points higher than the required score of 640.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 38.13% is 11.87% lower than the maximum DTI of 50%.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  85% LTV is 5% lower than the maximum LTV of 90%.
4461205702 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B A A A A C B C B A A A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied N/A B N/A B CMPTRID3940 TRID - CD: The year in which the max payment can occur as stated in the Loan Terms section does not match the year range associated with the highest possible payment in the Projected Payments section No On PCCD 7/XX/2018, The year in which the max payment can occur as stated in the Loan Terms section does not match the Clayton calculation. The CD discloses the max payment of $4162 in year 7 and the Clayton calculation is $4,146  in year 8-30. Provide a pose close CD with the correction and a letter of explanation to the borrower. 10/19/2018: Lender provided post close CD dated 9/XX/2018 correcting the max payment year and value in the Projected Payments section and a letter of explanation to borrower.  10/19/2018: Exception satisfied. However, exception CMPTRID3938 generated as a result.  Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 745 is 105 points higher than the required score of 640.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 38.13% is 11.87% lower than the maximum DTI of 50%.

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  85% LTV is 5% lower than the maximum LTV of 90%.
4461206452 XXXXXX XXXXXX (No Data) ATR/QM: Not Applicable D B D B C A D A D B D B C A D A Compliance Documentation Satisfied D A D A CMPDOC3274 Mortgage/Deed in file is incomplete No Missing the legal description to the mortgage.  Unable to determine if the mortgage legal matches the title legal. 09/25/2018  Lender provided the legal description to the Mortgage.  09/25/2018  Exception satisfied. (No Data) Not Applicable CFCFS2854: Significant time in profession
- Clayton Comments:  Primary borrower and co-borrower each employed 10 years in same profession.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of 19.99% is 30.01 points below the maximum permitted for investment properties of 50%.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Cash reserves are $238,323.03; minimum required is $51,743.86 (12 months for subject loan, and 2 months each for 4 additional properties owned).
4461206452 XXXXXX XXXXXX (No Data) ATR/QM: Not Applicable D B D B C A D A D B D B C A D A Credit Application Waived B B B B CRDAPP130 Application is incomplete No 1) File contains discrepancy due to subject transaction originated as an investor property, however, the appraisal states the occupant is owner. Lender to provide explanation/clarification. 2) Lease provided for subject property is noted as XXX, however, the file documents note the subject address as XXX. Lender to provide explanation/clarification. 10/16/2018- Client requested to waived. 10/16/2018- Waiver applied. (No Data) Not Applicable CFCFS2854: Significant time in profession
- Clayton Comments:  Primary borrower and co-borrower each employed 10 years in same profession.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of 19.99% is 30.01 points below the maximum permitted for investment properties of 50%.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Cash reserves are $238,323.03; minimum required is $51,743.86 (12 months for subject loan, and 2 months each for 4 additional properties owned).
4461206452 XXXXXX XXXXXX (No Data) ATR/QM: Not Applicable D B D B C A D A D B D B C A D A Credit Assets Satisfied D A D A CRDAST2354 Asset Verification In File is Incomplete Per Requirements No Missing evidence of borrower's receipt of liquidated funds from borrower's verified retirement and/or investment accounts for cash to close of $22,522.16, required per Client guidelines.  10/4/2018- Lender provided Final Settlement statement reflecting that borrower getting cash back of $1,370.59 10/4/2018- Exception satisfied. (No Data) Not Applicable CFCFS2854: Significant time in profession
- Clayton Comments:  Primary borrower and co-borrower each employed 10 years in same profession.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of 19.99% is 30.01 points below the maximum permitted for investment properties of 50%.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Cash reserves are $238,323.03; minimum required is $51,743.86 (12 months for subject loan, and 2 months each for 4 additional properties owned).
4461206452 XXXXXX XXXXXX (No Data) ATR/QM: Not Applicable D B D B C A D A D B D B C A D A Credit Credit/Mtg History Satisfied B A B A CRDCRMH193 Length of mortgage/rental history in file does not meet guideline requirement No Missing previous 12 months mortgage payment history from XXX acct #XXX for XXX. Liability is not reporting on the credit report. Client guidelines require review of all properties owned by borrowers to verify 0x30 for previous 12 months. 09/25/2018  Lender provided the credit report that shows the Lender as XXX of which matches the mortgage statement balance for XXX @ 0 x 30 for 53 months. 09/25/2018  Exception satisfied. (No Data) Not Applicable CFCFS2854: Significant time in profession
- Clayton Comments:  Primary borrower and co-borrower each employed 10 years in same profession.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of 19.99% is 30.01 points below the maximum permitted for investment properties of 50%.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Cash reserves are $238,323.03; minimum required is $51,743.86 (12 months for subject loan, and 2 months each for 4 additional properties owned).
4461206452 XXXXXX XXXXXX (No Data) ATR/QM: Not Applicable D B D B C A D A D B D B C A D A Credit Income/Employment Satisfied B A B A CRDINC150 Income docs do not meet guidelines No Missing signatures on borrower's 2016 personal and 1120S tax returns, and 2017 P&L statement for XXX, required per Client guidelines when XXX income utilized for qualifying income. 10/16/2018- Client requested to waived. 03/14/2019 Lender provided signed documentation. 10/16/2018- Waiver applied.03/14/2019  Exception satisfied. (No Data) Not Applicable CFCFS2854: Significant time in profession
- Clayton Comments:  Primary borrower and co-borrower each employed 10 years in same profession.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of 19.99% is 30.01 points below the maximum permitted for investment properties of 50%.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Cash reserves are $238,323.03; minimum required is $51,743.86 (12 months for subject loan, and 2 months each for 4 additional properties owned).
4461206452 XXXXXX XXXXXX (No Data) ATR/QM: Not Applicable D B D B C A D A D B D B C A D A Credit Legal Documents Satisfied D A D A CRDLGL2864 Copy of Mortgage/Deed in file is incomplete No Missing the legal description to the mortgage.  Unable to determine if the mortgage legal matches the title legal. 09/25/2018  Lender provided the legal description to the Mortgage.  09/25/2018  Exception satisfied. (No Data) Not Applicable CFCFS2854: Significant time in profession
- Clayton Comments:  Primary borrower and co-borrower each employed 10 years in same profession.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of 19.99% is 30.01 points below the maximum permitted for investment properties of 50%.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Cash reserves are $238,323.03; minimum required is $51,743.86 (12 months for subject loan, and 2 months each for 4 additional properties owned).
4461206452 XXXXXX XXXXXX (No Data) ATR/QM: Not Applicable D B D B C A D A D B D B C A D A Credit Terms/Guidelines Waived B B B B CRDTER109 Cash Out Amount Exceeds Guidelines No Cash out of $403,766.16 for payoff of non-subject mortgage exceeds Client guideline maximum cash out permitted of $250,000. 09/25/2018  Lender provided the approved exception form noting compensating factors including 6 months reserves, low DTI, and years on job. The approved exception noted however exception remains. 10/16/2018- Client requested to waived. 10/16/2018- Waiver applied. (No Data) Not Applicable CFCFS2854: Significant time in profession
- Clayton Comments:  Primary borrower and co-borrower each employed 10 years in same profession.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of 19.99% is 30.01 points below the maximum permitted for investment properties of 50%.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Cash reserves are $238,323.03; minimum required is $51,743.86 (12 months for subject loan, and 2 months each for 4 additional properties owned).
4461206452 XXXXXX XXXXXX (No Data) ATR/QM: Not Applicable D B D B C A D A D B D B C A D A Property Valuations Appraisal Satisfied C A C A PRVAAPPR169 Appraisal includes one or more issue(s) No The appraisal was transferred which does not meet client guidelines stating appraisals must be ordered through lender's approved XXX 09/25/2018  Lender provided the Lender approved appraisal transfer dated 4/23/2018.  09/25/2018  Exception satisfied. (No Data) Not Applicable CFCFS2854: Significant time in profession
- Clayton Comments:  Primary borrower and co-borrower each employed 10 years in same profession.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI of 19.99% is 30.01 points below the maximum permitted for investment properties of 50%.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Cash reserves are $238,323.03; minimum required is $51,743.86 (12 months for subject loan, and 2 months each for 4 additional properties owned).
4461212005 XXXXXX XXXXXX (No Data) ATR/QM: Not Applicable B B B B A A A A B B B B A A A A Credit Terms/Guidelines Waived B B B B CRDTER3124 Loan documents do not meet guideline requirements No Guidelines require 3 credit reference letters translated into English with a 24-month history.  Only 12 month provided. 8.15.19 - Client accepted non-material exception 8.15.19 - Final Clayton grade B (No Data) Not Applicable CFCFS1736: Significant time at current residence
- Clayton Comments:  borrower has rented current primary 8 years.

CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  borrower has been with current job 8 years.

CFCFS2854: Significant time in profession
- Clayton Comments:  borrower has been with current profession 8 years.
4461213367 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B B B A A C B C B B B A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID5023 TRID  CD:  The Minimum Payment disclosed in at least one column of the Final Closing Disclosure does not match the Minimum Payment that Clayton calculates based upon the Note Terms No Numeric Material Error CD: 12/XX/2018-1 - projected payment minimum payment for Band 2, 3, and 4 incorrect based on the ARM Note terms. 6.4.19 - Client provided PCCD dated 12/XX/18 correcting projected payment section. 6.4.19 - Exception satisfied. Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score 709 is 29 points higher than the required score of 680.

CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in his profession for 9 years.
4461213367 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B B B A A C B C B B B A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID5033 TRID - CD: The Total Minimum Payment disclosed in at least one column of the Projected Payments section of the Final Closing Disclosure does not match the Total Minimum Payment that Clayton calculates. No Numeric Material Error CD: 12/XX/2018-1 - projected payment minimum payment for Band 2, 3, and 4 incorrect based on the ARM Note terms. 6.4.19 - Client provided PCCD dated 12/XX/18 correcting projected payment section. 6.4.19 - Exception satisfied. Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score 709 is 29 points higher than the required score of 680.

CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in his profession for 9 years.
4461213367 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B B B A A C B C B B B A A C B Compliance TILA/RESPA Integrated Disclosure Waived B B B B CMPTRID4352 TRID - CD: At least one section contains formatting that does not comply with the Regulation No Non Numeric ErrorCD 12/X/18 and 12/XX/18 - Loan costs - Section B - broker credit report does not list who fee is payable to. 6.4.19 - Client provided PCCD dated 12/XX/18.   Loan costs - Section B - broker credit report does not list who fee is payable to.7.30.19 Client has accepted non-material exception 7.30.19 Final Clayton grade B Hybrid Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score 709 is 29 points higher than the required score of 680.

CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in his profession for 9 years.
4461213367 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B B B A A C B C B B B A A C B Compliance TILA/RESPA Integrated Disclosure Waived B B B B CMPTRID4463 TRID - Assumption selection on the CD does not match the clause in the mortgage. No Non Numeric ErrorCD 12/XX/18 - Loan disclosure - Assumption does not match note/product. 6.4.19 - Client provided PCCD dated 12/XX/18.   Loan disclosure - Assumption does not match note/product.7.30.19 Client has accepted non-material exception 7.30.19 Final clayton grade B Non-Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score 709 is 29 points higher than the required score of 680.

CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in his profession for 9 years.
4461213367 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B B B A A C B C B B B A A C B Credit Assets Waived B B B B CRDAST3078 Insufficient # of months cash reserves for PITI per guideline requirements No Short the required 6 months reserves $3,740.48 x 6=$22,442.88.  $22,156.20 documented 5.92 months 7.30.19 Client has accepted non-material exception 7.30.19 Final Clayton Grade B (No Data) Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score 709 is 29 points higher than the required score of 680.

CFCFS2854: Significant time in profession
- Clayton Comments:  Borrower has been in his profession for 9 years.
4461215818 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt C B C B A A C B C B C B A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID5023 TRID  CD:  The Minimum Payment disclosed in at least one column of the Final Closing Disclosure does not match the Minimum Payment that Clayton calculates based upon the Note Terms No Numeric Material ErrorCD 3/X/19 and 3/XX/19 - Projected Payments section:  Minimum Payments  from Band 2 disclosed as $6359.00; Value from Band 2 calculated to be: $5122.00 per note terms.Minimum Payments  from Band 3 disclosed as $5224.00; Value from Band 3 calculated to be: $5122.00 per note terms.Minimum Payments  from Band 4 disclosed as $5224.00; Value from Band 4 calculated to be: $5122.00 per note terms. 7.3.19 - Client provided PCCD dated 6/XX/19 correcting projected payment section. 7.3.19 - Exception satisfied Numeric Not Applicable CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  The Borrower has been XXX for 7 years

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Mortgage on subject property has been paid as agreed for 16 months (12 months required per guidelines

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Current LTV of 77.14% below max allowable per guides of 80%.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Minimum credit score for 2nd home Cash out transaction is 620 with current credit score at 696.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Current reserves at $178,706.67  with required reserves at $56,654.46. A surplus of $122,052.21.
4461215818 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt C B C B A A C B C B C B A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID5033 TRID - CD: The Total Minimum Payment disclosed in at least one column of the Projected Payments section of the Final Closing Disclosure does not match the Total Minimum Payment that Clayton calculates. No Numeric Material ErrorCD 3/6/19 and 3/12/19 - Projected Payments section:  Total Minimum Payments  from Band 2 disclosed as $6359.00; Value from Band 2 calculated to be: $5122.00 per note terms.Total Minimum Payments  from Band 3 disclosed as $5224.00; Value from Band 3 calculated to be: $5122.00 per note terms.Total Minimum Payments  from Band 4 disclosed as $5224.00; Value from Band 4 calculated to be: $5122.00 per note terms. 7.3.19 - Client provided PCCD dated 6/18/19 correcting projected payment section. 7.3.19 - Exception satisfied Numeric Not Applicable CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  The Borrower has been XXX for 7 years

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Mortgage on subject property has been paid as agreed for 16 months (12 months required per guidelines

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Current LTV of 77.14% below max allowable per guides of 80%.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Minimum credit score for 2nd home Cash out transaction is 620 with current credit score at 696.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Current reserves at $178,706.67  with required reserves at $56,654.46. A surplus of $122,052.21.
4461215818 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt C B C B A A C B C B C B A A C B Compliance TILA/RESPA Integrated Disclosure Waived B B B B CMPTRID4352 TRID - CD: At least one section contains formatting that does not comply with the Regulation No Non Numeric ErrorCD 3/X/19, 3/X/19 and 3/XX/19 - (1) Other costs - Section E - Intangible tax does not list who fee is payable to.(2) Other costs - section H - Mtg Doc Stamps does not list who fee is payable to. 7.3.19 - Client provided PCCD dated 6/XX/19.  (1) Other costs - Section E - Intangible tax does not list who fee is payable to.(2) Other costs - section H - Mtg Doc Stamps does not list who fee is payable to. 7/3/2019-Clayton final grade B Hybrid Not Applicable CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  The Borrower has been XXX for 7 years

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Mortgage on subject property has been paid as agreed for 16 months (12 months required per guidelines

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Current LTV of 77.14% below max allowable per guides of 80%.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Minimum credit score for 2nd home Cash out transaction is 620 with current credit score at 696.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Current reserves at $178,706.67  with required reserves at $56,654.46. A surplus of $122,052.21.
4461215818 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt C B C B A A C B C B C B A A C B Compliance TILA/RESPA Integrated Disclosure Waived B B B B CMPTRID4463 TRID - Assumption selection on the CD does not match the clause in the mortgage. No Non Numeric ErrorCD 3/XX/19 - Loan disclosure - Assumption does not match Note/Rider. 7.3.19 - Client provided PCCD dated 6/XX/19.  Loan disclosure - Assumption does not match Note/Rider. 7/3/2019-Clayton final grade B Non-Numeric Not Applicable CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  The Borrower has been XXX for 7 years

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Mortgage on subject property has been paid as agreed for 16 months (12 months required per guidelines

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Current LTV of 77.14% below max allowable per guides of 80%.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Minimum credit score for 2nd home Cash out transaction is 620 with current credit score at 696.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Current reserves at $178,706.67  with required reserves at $56,654.46. A surplus of $122,052.21.
4461215818 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt C B C B A A C B C B C B A A C B Credit Application Satisfied C A C A CRDAPP4625 The orig file does not contain a third party fraud report No File is missing the 3rd party fraud report  06/19/2019  lender provided FraudGuard.06/19/2019  Clayton reviewed FraudGuard, dated 01/03/2019.  Exception satisfied. 06/19/2019  Exception satisfied. Not Applicable Not Applicable CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  The Borrower has been XXX for 7 years

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Mortgage on subject property has been paid as agreed for 16 months (12 months required per guidelines

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Current LTV of 77.14% below max allowable per guides of 80%.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Minimum credit score for 2nd home Cash out transaction is 620 with current credit score at 696.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Current reserves at $178,706.67  with required reserves at $56,654.46. A surplus of $122,052.21.
4461215818 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors ATR/QM: Exempt C B C B A A C B C B C B A A C B Credit Terms/Guidelines Waived B B B B CRDTER3122 Loan documents do not meet guideline requirements No Note and ARM rider allow for assumption. Guides, Mortgage and Final CD do not allow for assumption.  7/3/2019-Client has accepted non-material compliance exception 7/3/2019-Clayton final grade B (No Data) Not Applicable CFCFS1734: Borrower has significant time at current job
- Clayton Comments:  The Borrower has been XXX for 7 years

CFCFS1739: Postive mortgage payment history
- Clayton Comments:  Mortgage on subject property has been paid as agreed for 16 months (12 months required per guidelines

CFCFS1737: LTV below guideline requirements
- Clayton Comments:  Current LTV of 77.14% below max allowable per guides of 80%.

CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Minimum credit score for 2nd home Cash out transaction is 620 with current credit score at 696.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Current reserves at $178,706.67  with required reserves at $56,654.46. A surplus of $122,052.21.
4461217848 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B B B A A C B C B B B A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID4038 TRID - CD: The Minimum Amount at First Payment Change on the AP Table of the Final Closing Disclosure does not match Claytons calculated Minimum Amount at First Payment Change No Numeric material error- CD: 03/XX/2019- AP Table - First Change Minimum Amount disclosed as $4,609.00, Review Calculates this to be $4,302.08 per Note terms.   6.20.19 - Client provided PCCD dated 6/XX/19 correcting AP table. 6.20.19 - Exception satisfied. Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 799 is 119 points higher than the required score of 680.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 32.36% with maximum DTI of 50% allowable.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves at $621,676.38. Required reserves $62,614.08.
4461217848 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B B B A A C B C B B B A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID5023 TRID  CD:  The Minimum Payment disclosed in at least one column of the Final Closing Disclosure does not match the Minimum Payment that Clayton calculates based upon the Note Terms No Numeric material error-CD: 03/XX/2019 - Projected Payments section, Total Min Payments from Band 2 disclosed as $4609.00. Review calculates minimum payment for Band 2 as $4302.08 per note terms. Note discloses Minimum rate explicitly stated of 3.500%. 6.20.19 - Client provided PCCD dated 6/XX/19 correcting projected payments section. 6.20.19 - Exception satisfied. Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 799 is 119 points higher than the required score of 680.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 32.36% with maximum DTI of 50% allowable.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves at $621,676.38. Required reserves $62,614.08.
4461217848 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B B B A A C B C B B B A A C B Compliance TILA/RESPA Integrated Disclosure Satisfied C B C B CMPTRID5033 TRID - CD: The Total Minimum Payment disclosed in at least one column of the Projected Payments section of the Final Closing Disclosure does not match the Total Minimum Payment that Clayton calculates. No Numeric material error -CD: 03/XX/2019 - Projected Payments section, Total Min Payments from Band 2 disclosed as $6.806.00. Review calculates total minimum payment for Band 2 as $6,499.32 per note terms. Note discloses Minimum rate explicitly stated of 3.500%. 6.20.19 - Client provided PCCD dated 6/XX/19 correcting projected payments section. 6.20.19 - Exception satisfied. Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 799 is 119 points higher than the required score of 680.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 32.36% with maximum DTI of 50% allowable.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves at $621,676.38. Required reserves $62,614.08.
4461217848 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B B B A A C B C B B B A A C B Compliance TILA/RESPA Integrated Disclosure Waived B B B B CMPTRID3754 TRID - Error #3 discovered on Loan Estimate No Numeric Non Material ErrorLE 3/8/19 - Comparison section - "in 5 years" discloses Principal paid off as $106758.  Loan is IO for 10 years.  This should be $0. 7/3/2019-Client has accepted non-material compliance exception 7/3/2019-Clayton final grade B (No Data) Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 799 is 119 points higher than the required score of 680.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 32.36% with maximum DTI of 50% allowable.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves at $621,676.38. Required reserves $62,614.08.
4461217848 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B B B A A C B C B B B A A C B Compliance TILA/RESPA Integrated Disclosure Waived B B B B CMPTRID4352 TRID - CD: At least one section contains formatting that does not comply with the Regulation No Non numeric error - CD 3/9/19 and  03/12/2019 Other Costs, Other, Home Warranty and NHD Report payee names missing. 6.20.19 - Client provided PCCD dated 6/18/19.  Other Costs, Other, Home Warranty and NHD Report payee names missing.7.3.19 - Client resent CD 6/18/19.  Other Costs, Other, Home Warranty and NHD Report payee names missing. 7/3/2019-Client has accepted non-material compliance exception. 7/3/2019-Clayton final grade B Hybrid Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 799 is 119 points higher than the required score of 680.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 32.36% with maximum DTI of 50% allowable.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves at $621,676.38. Required reserves $62,614.08.
4461217848 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B B B A A C B C B B B A A C B Compliance TILA/RESPA Integrated Disclosure Waived B B B B CMPTRID4463 TRID - Assumption selection on the CD does not match the clause in the mortgage. No CD 3/12/19 - Loan Disclosures - Assumption does not match Note/Rider. 6.20.19 - Client provided PCCD dated 6/XX/19.   Loan Disclosures - Assumption does not match Note/Rider.7.3.19 - Client resent CD 6/XX/19.   Loan Disclosures - Assumption does not match Note/Rider. 7/3/2019-Clayton final grade B Non-Numeric Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 799 is 119 points higher than the required score of 680.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 32.36% with maximum DTI of 50% allowable.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves at $621,676.38. Required reserves $62,614.08.
4461217848 XXXXXX XXXXXX Non-QM: Lender documented all ATR UW factors Non-QM: Lender documented all ATR UW factors C B B B A A C B C B B B A A C B Credit Terms/Guidelines Waived B B B B CRDTER3122 Loan documents do not meet guideline requirements No Note and ARM Rider support assumable loan. Per Guides, Mortgage and final CD the loan is not assumable.  7/3/2019-Client has accepted non-material compliance exception 7/3/2019-Clayton final grade B (No Data) Not Applicable CFCFS1741: Credit score exceeds guidelines
- Clayton Comments:  Median score of 799 is 119 points higher than the required score of 680.

CFCFS1744: DTI below guideline requirement
- Clayton Comments:  DTI 32.36% with maximum DTI of 50% allowable.

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  Reserves at $621,676.38. Required reserves $62,614.08.
5501799141 XXXXXX XXXXXX QM: Safe Harbor QM: Safe Harbor B B A A A A B B B B A A A A B B Compliance Federal Consumer Protection Waived B B B B CMPFDCP4569 NMLS License verification found Loan Originator Name does not match ID but can identify that the LO is the same No Originator on loan docs has no middle name. NMLS has full middle name 5.7.19 - Client acknowledged exception.  5.7.19 - Exception acknowledged.  (No Data) Not Applicable CFCFS2854: Significant time in profession
- Clayton Comments:  B1 has been in the same profession for 8 years and B2 10 years

CFCFS1731: Verified cash reserves exceed guidelines
- Clayton Comments:  $490,972.56 in verified post clsg reserves, or 72.17 months PITI. 18 months required. 12 months reserves required for loan amounts > $1,000,000 to $2,000,000 ($6803.17 X 12=$81.638.04) and 6 months for departing residence ($1968.84 X 6=$11,813.04)

 

 

Client Name: HOF 2019-3
Client Project Name: HOF 2019-3
Start - End Dates: 9/26/2016 - 6/5/2019
Deal Loan Count: 8
   
Conditions Report 2.0
   
Loans in Report: 8
Loans with Conditions: 8

 

                                           
Loan Number TRID Indicator Lender Application Date Broker Application Date Initial Securitization Overall Loan Grade Final Securitization Overall Loan Grade Initial Securitization Credit Loan Grade Final Securitization Credit Loan Grade Initial Securitization Property Valuations Loan Grade Final Securitization Property Valuations Loan Grade Initial Securitization Compliance Loan Grade Final Securitization Compliance Loan Grade Initial S&P Overall Loan Grade Final S&P Overall Loan Grade Initial S&P Credit Loan Grade Final S&P Credit Loan Grade Initial S&P Property Valuations Loan Grade Final S&P Property Valuations Loan Grade Initial S&P Compliance Loan Grade Final S&P Compliance Loan Grade Did Lender Acknowledge Exception at Origination
3113002866 Yes XXXXXX XXXXXX D A B A A A D A D A B A A A D A (No Data)
4461205702 Yes XXXXXX XXXXXX C B A A A A C B C B A A A A C B (No Data)
4461206452 Yes XXXXXX XXXXXX D B D B C A D A D B D B C A D A (No Data)
4461212005 Yes XXXXXX XXXXXX B B B B A A A A B B B B A A A A Not Applicable
4461213367 Yes XXXXXX XXXXXX C B B B A A C B C B B B A A C B Yes
4461215818 Yes XXXXXX XXXXXX C B C B A A C B C B C B A A C B No
4461217848 Yes XXXXXX XXXXXX C B B B A A C B C B B B A A C B No
5501799141 Yes XXXXXX XXXXXX B B A A A A B B B B A A A A B B Not Applicable