EX-99.35 36 ex99-35.htm INFINITY INDIVIDUAL EXCEPTION REPORT (45 LOANS)

EXHIBIT 99.35

Infinity Loan ID

Loan Number

Redacted Loan ID

Borrower Last Name

Property State

Note Date

Loan Purpose

TPR QM ATR Status

Initial Overall Loan Grade

Final Overall Loan Grade

Exception Category

Exception Subcategory

Exception Code

Final Exception Status

Initial Exception Grade

Final Exception Grade

Exception

Exception Detail

Follow-up Comments (Exception Response)

Exception Conclusion Comments

Compensating Factors

Curable Status

Loan Status

Review Date

Cleared Date

Cured Date

Exception Date

74879

Texas

Cash Out

Non-QM/Compliant

Credit

Guidelines

3WAUTFIWNOE-J587LE2V

Waived

* Loan does not conform to program guidelines (Lvl W)

Exception required due to borrower's credit score not meeting the minimum 720 for cash-out refinance with loan amount of xx.

Low LTV: LTV of xx is less than the maximum guideline requirement of xx.

Reserve : 28 months reserves exceed the minimum guideline of 3 months.

Residual Income: xx monthly

Reserves: The 28 months of available reserves are more than the guideline requirement of 6 months.

QC Complete

10/13/2023

10/12/2023

74879

Texas

Cash Out

Non-QM/Compliant

Credit

Doc Issue

3WAUTFIWNOE-2XRZ4V9U

Resolved

* Note is missing or unexecuted (Lvl R)

Provide a copy of promissory note document as it is missing in the loan file.

Resolved : Received Note - 10/17

Resolved : Received Note - 10/17

QC Complete

10/13/2023

10/17/2023

10/13/2023

73977

California

Cash Out

Not Covered/Exempt

Credit

Doc Issue

FVMD2NGTBX0-DFWG7HN5

Resolved

* Missing proof of hazard insurance (Lvl R)

Provide HOI policy as it is missing in the loan file.

Resolved : Received HOI policy - 10/2

Resolved : Received HOI policy - 10/2

QC Complete

09/29/2023

10/02/2023

09/28/2023

73977

California

Cash Out

Not Covered/Exempt

Credit

Doc Issue

FVMD2NGTBX0-U1CA63D2

Resolved

* Application Missing (Lvl R)

Provide final 1003 as it is missing in the loan file.

Resolved : Received final 1003 - 10/4

Resolved : Received final 1003 - 10/4

QC Complete

09/29/2023

10/04/2023

09/28/2023

74887

California

Cash Out

Non-QM/Compliant

Credit

1RG1SMY4NRN-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide a copy of 4506-C document as it is missing in the file.

Resolved : Received 4506-C -12/8

Resolved : Received 4506-C -12/8

QC Complete

12/05/2023

12/08/2023

12/04/2023

74894

California

Purchase

Non-QM/Compliant

Credit

Guidelines

3WQEC1DYJG0-J587LE2V

Resolved

* Loan does not conform to program guidelines (Lvl R)

"Loan files do not meet the guide requirement. As per guidelines, "3 (three) tradelines with at least 12 months reviewed and activity reported in the past 12 months OR "2 tradelines with at least 24 months reviewed and activity reported in the past 12 months" is required. However, as per the credit report, one tradeline activity has been reported in the past 12 months.

Resolved : Received Mortgage statement, tax bill and paid receipt - 12/11

Resolved : Received Mortgage statement, tax bill and paid receipt - 12/11

QC Complete

12/05/2023

12/11/2023

12/04/2023

74894

California

Purchase

Non-QM/Compliant

Credit

Income

3WQEC1DYJG0-L3KXO96W

Resolved

* Reverification within 10 days is missing (Lvl R)

Provide verbal VOE for borrower (xx) from (xx) dated within 5 business days of closing.

Resolved : Received Work#VOE - 12/11

Resolved : Received Work#VOE - 12/11

QC Complete

12/05/2023

12/11/2023

12/04/2023

74895

California

Refinance

Not Covered/Exempt

Credit

JEHETVNYIBT-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide most recent information for REO Property located at:
i) xx - Hazard Insurance ,Tax Bill or HOA if applicable. If taxes & Insurance are escrowed, provide most recent mortgage statement for the same.

Resolved : Received HOI, Tax bill - 12/5

Resolved : Received HOI, Tax bill - 12/5

QC Complete

12/04/2023

12/05/2023

12/04/2023

76376

California

Cash Out

Non-QM/Compliant

Compliance

TMG0S2MWJSR-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.

Higher-Priced Mortgage Loan Test: Charged 11.578% Allowed 10.090% Overby +1.488%.

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

02/12/2024

76376

California

Cash Out

Non-QM/Compliant

Credit

TMG0S2MWJSR-UTM9VHCU

Resolved

* Final Application Incomplete (Lvl R)

Provide the final URLA-Lender loan information sheet, which is missing in the loan file.

Resolved : Received URLA-Lender loan information sheet - 2/14

Resolved : Received URLA-Lender loan information sheet - 2/14

QC Complete

02/12/2024

02/14/2024

02/12/2024

76376

California

Cash Out

Non-QM/Compliant

Compliance

TMG0S2MWJSR-7NVY4BLQ

Resolved

* State Higher Price Mortgage Loan (Lvl R)

CA AB 260, California Financial Code Division 1.94995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.

CA AB 260 Higher-Priced Mortgage Loan Test: Charged 11.578% Allowed 10.090% Overby +1.488%.

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a).

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a).

QC Complete

02/12/2024

75720

California

Cash Out

Non-QM/Compliant

Credit

0BOSNXJCVFP-UTM9VHCU

Resolved

* Final Application Incomplete (Lvl R)

Provide the final URLA-Lender loan information sheet, which is missing in the loan file.

Resolved : Received URLA-Lender loan information sheet - 1/12

Resolved : Received URLA-Lender loan information sheet - 1/12

QC Complete

01/09/2024

01/12/2024

01/08/2024

76381

California

Cash Out

Non-QM/Compliant

Compliance

UZ3PTFWEVJZ-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z

CA AB 260 Higher-Priced Mortgage Loan Test: Charged 10.867% Allowed 10.090% Overby +0.777%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

02/12/2024

76381

California

Cash Out

Non-QM/Compliant

Compliance

UZ3PTFWEVJZ-7NVY4BLQ

Resolved

* State Higher Price Mortgage Loan (Lvl R)

CA AB 260, California Financial Code Division 1.94995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the
California Financial Code.

CA AB 260 Higher-Priced Mortgage Loan Test: Charged 10.867% Allowed 10.090% Overby +0.777%

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a).

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.9 4995(a).

QC Complete

02/12/2024

76381

California

Cash Out

Non-QM/Compliant

Credit

UZ3PTFWEVJZ-UTM9VHCU

Resolved

* Final Application Incomplete (Lvl R)

Provide the final URLA-Lender loan information sheet, which is missing in the loan file.

Resolved : Received final URLA-Lender loan information sheet - 2/14

Resolved : Received final URLA-Lender loan information sheet - 2/14

QC Complete

02/12/2024

02/14/2024

02/12/2024

76389

California

Cash Out

Non-QM/Compliant

Compliance

I4VEGPB0KTI-7NVY4BLQ

Resolved

* State Higher Price Mortgage Loan (Lvl R)

CA AB 260, California Financial Code Division 1.94995(a) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the
California Financial Code.

CA AB 260 Higher-Priced Mortgage Loan Test: Charged 11.284% Allowed 10.150% Overby +1.134%.

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a).

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a).

QC Complete

02/16/2024

02/15/2024

76389

California

Cash Out

Non-QM/Compliant

Compliance

I4VEGPB0KTI-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.

Higher-Priced Mortgage Loan Test: Charged 11.284% Allowed 10.150% Overby +1.134%.

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

02/16/2024

02/15/2024

76391

Washington

Cash Out

Non-QM/Compliant

Compliance

4SZYB35M3W2-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z.

Higher-Priced Mortgage Loan Test: Charged 12.127% Allowed 10.150% Overby +1.977%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

02/16/2024

02/15/2024

63600

California

Purchase

Non-QM/Compliant

Compliance

IPIHNYQPVA2-7NVY4BLQ

Resolved

* State Higher Price Mortgage Loan (Lvl R)

(CA AB 260, California Financial Code Division 1.94995(a)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.

CA AB 260 Higher-Priced Mortgage Loan Test: charged 5.841% allowed 4.660% over by+1.181%

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a)

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a)

QC Complete

03/20/2024

63600

California

Purchase

Non-QM/Compliant

Compliance

IPIHNYQPVA2-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z

Higher-Priced Mortgage Loan Test: Charged: 5.841% Allowed: 4.660% Over by: +1.181%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

03/20/2024

63625

Texas

Refinance

Non-QM/Compliant

Compliance

ULHQXIA4GUY-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z

Higher-Priced Mortgage Loan Test: Charged:6.009% Allowed:4.780% Over by:+1.229%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

03/20/2024

63650

Nevada

Purchase

Non-QM/Compliant

Compliance

VYBQ140EHYK-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z

Higher-Priced Mortgage Loan Test: Charged 5.518% Allowed 5.120% Over by +0.398%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

03/20/2024

63674

California

Refinance

Non-QM/Compliant

Credit

PMXMNMDBYVQ-53UNNI64

Resolved

* Excessive DTI (Lvl R)

The lender guidelines allow maximum DTI at 50%. Missing Exception approval for the Loan exceeds DTI with 50.030%.

03/18/2022 - Please refer to section 5.6 of xx Guidelines- "The Maximum Debt-to-Income (“DTI) ratio for any loan is 50% of total income
including any asset depletion component rounded down (i.e.: 50.49% rounds to 50%)". Condition has been resolved.

03/18/2022 - Please refer to section 5.6 of xx Guidelines- "The Maximum Debt-to-Income (“DTI) ratio for any loan is 50% of total income
including any asset depletion component rounded down (i.e.: 50.49% rounds to 50%)". Condition has been resolved.

QC Complete

03/20/2024

03/09/2022

63674

California

Refinance

Non-QM/Compliant

Compliance

PMXMNMDBYVQ-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z

Higher-Priced Mortgage Loan Test: Charged 5.384% allowed 5.120% over by+0.264%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

03/20/2024

63674

California

Refinance

Non-QM/Compliant

Compliance

PMXMNMDBYVQ-7NVY4BLQ

Resolved

* State Higher Price Mortgage Loan (Lvl R)

(CA AB 260, California Financial Code Division 1.94995(a)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.

CA AB 260 Higher-Priced Mortgage Loan Test: Charged 5.384% allowed 5.120% over by+0.264%

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a)

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a)

QC Complete

03/20/2024

65129

Utah

Refinance

Non-QM/Compliant

Compliance

RGWBHOS5MPS-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z

Higher-Priced Mortgage Loan Test: Charged 6.117% allowed 5.260% over by +0.857%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

03/20/2024

65129

Utah

Refinance

Non-QM/Compliant

Credit

Other Disclosures

RGWBHOS5MPS-ZXHR0C1D

Resolved

* Missing Required Disclosures (Lvl R)

Provide Lease agreement or schedule E document for the Property of xx

07/01/2022 - Received Final Settlement Statement and Note for xx PITIA as xx did that loan as well. 1007 reflects xx for market rents since it was a new purchase. Hence, condition is resolved.

07/01/2022 - Received Final Settlement Statement and Note for xx PITIA as xx did that loan as well. 1007 reflects xx for market rents since it was a new purchase. Hence, condition is resolved.

QC Complete

03/20/2024

04/26/2022

65129

Utah

Refinance

Non-QM/Compliant

Legal Docs

Doc Issue

RGWBHOS5MPS-V7TJ126N

Resolved

* Amount of title insurance is less than mortgage amount (Lvl R)

The amount of proposed Lender's coverage on the Title Commitment Title is less than the loan amount. The document reflects coverage in the amount of xx, however, the Note reflects a loan amount of xx.

07/01/2022 - Received client confirmation that the closing package includes specific directives to the closer and all related parties of all the specific terms of the loan to be reflected on the final documents including the final title policy. Hence condition is waived.

07/01/2022 - Received client confirmation that the closing package includes specific directives to the closer and all related parties of all the specific terms of the loan to be reflected on the final documents including the final title policy. Hence condition is waived.

QC Complete

03/20/2024

04/26/2022

65129

Utah

Refinance

Non-QM/Compliant

Credit

RGWBHOS5MPS-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide mortgage statement for this property xx

07/01/2022 - Received Final Settlement Statement and Note for xx PITIA as xx did that loan as well. 1007 reflects xx for market rents since it was a new purchase. Hence, condition is resolved.

07/01/2022 - Received Final Settlement Statement and Note for xx PITIA as xx did that loan as well. 1007 reflects xx for market rents since it was a new purchase. Hence, condition is resolved.

QC Complete

03/20/2024

04/26/2022

65184

California

Refinance

Non-QM/Compliant

Credit

Assets

SNTXBCXU31X-8REF7GRZ

Resolved

* Assets Verification (Lvl R)

Bank statement for the xx #xx with ending balance xx is missing in the loan package.

07/25/2022 - Not Resolved - Closing Disclosure with Issue date xx, Closing date xx and Disbursement date xx has mentioned that we will require $653.03 from borrower. Hence, we are missing Bank statement for the xx #xx with ending balance xx.

08/05/2022 - As per xx closing funds do not need to be provided for LTV’s of xx and below for Non-Prime product. Hence, condition is resolved.

08/05/2022 - As per xx closing funds do not need to be provided for LTV’s of xx and below for Non-Prime product. Hence, condition is resolved.

QC Complete

03/20/2024

05/03/2022

65184

California

Refinance

Non-QM/Compliant

Compliance

SNTXBCXU31X-GE23D4HC

Resolved

* 10% Tolerance Fees test fail (Lvl R)

TRID Reimbursement Violation due to a fee increase of $76.10 above the 10% tolerance allowed for Recording fees. Initial LE dated xx reflects Recording Fees totaling $429.00 , however, Post Close CD dated xx reflects Recording Fees totaling $548.00. This is a fee increase of $76.10 above the allowable 10% tolerance for Recording Fees. Please provide either a valid COC or PCCD, LOE, proof of delivery, and copy of refund check in the amount of $76.10

Resolved 7/25/2022 : Received Changed Circumstances document dated 4/8/2022 and updated, hence conditions is resolved.

Resolved 7/25/2022 : Received Changed Circumstances document dated 4/8/2022 and updated, hence conditions is resolved.

QC Complete

03/20/2024

03/19/2024

65184

California

Refinance

Non-QM/Compliant

Compliance

SNTXBCXU31X-7NVY4BLQ

Resolved

* State Higher Price Mortgage Loan (Lvl R)

(CA AB 260, California Financial Code Division 1.94995(a)) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in the California Financial Code.

CA AB 260 Higher-Priced Mortgage Loan Test: Charged: 6.109% Allowed 5.420% Over by +0.689%

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a)

This loan is compliant with regulation CA AB 260, California Financial Code Division 1.94995(a)

QC Complete

03/20/2024

65184

California

Refinance

Non-QM/Compliant

Compliance

SNTXBCXU31X-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z

Higher-Priced Mortgage Loan Test: Charged 6.109% Allowed 5.420% Over by +0.689%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

03/20/2024

65284

Georgia

Purchase

Non-QM/Compliant

Compliance

3TIIQIL4TNW-IJH0N5PE

Active

* ComplianceEase TRID Tolerance Test is Incomplete (Lvl 2)

Initial Closing Disclosure missing in the loan package. Kindly provide initial closing disclosure document.

Not Resolved 7/14/2022 : Received revised CD dated xx instead of Initial Closing Disclosure, issue remains same.

Not Resolved 8/8/2022 : Three days waiting period waiver document received from borrower by electronic letter and e-signed, instead of hand written and hand signed by borrower, issue remains same.

03/20/2024: Downgraded to level 2 as the seasoning is beyond the 1-year TRID statute of limitations for a purchase transaction.

QC Complete

03/20/2024

05/02/2022

65284

Georgia

Purchase

Non-QM/Compliant

Compliance

3TIIQIL4TNW-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z

Higher-Priced Mortgage Loan Test: Charged 7.954% Allowed 6.290% Over by+1.664%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

03/20/2024

08/09/2023

61980

Colorado

Purchase

Non-QM/Compliant

Compliance

1ON4I5UKYSO-O5S9HFJ8

Resolved

* Federal Higher Price Mortgage Loan (Lvl R)

12 CFR § 1026.35(a)(1) Using the greater of the disclosed APR and the calculated APR, the loan is a higher-priced mortgage loan, as defined in Regulation Z

Higher-Priced Mortgage Loan Test: Charged: 5.493% Allowed: 4.600% Over by: +0.893%

This loan is compliant with regulation 1026.35.

This loan is compliant with regulation 1026.35.

QC Complete

03/20/2024

74202

New Hampshire

Purchase

Non-QM/Compliant

Credit

Credit Report & History

DCO2WG2M3SV-EIIIVERL

Resolved

* Additional Address on Credit Report (Lvl R)

Provide letter of explanation for following address reflects on credit report:

1. xx (06/23)
2. xx (08/23)

Resolved : Received LOX - 11/14

Resolved : Received LOX - 11/14

QC Complete

09/28/2023

11/14/2023

09/28/2023

74202

New Hampshire

Purchase

Non-QM/Compliant

Credit

DCO2WG2M3SV-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Provide evidence of payoff or explanation of why the xx #xx trade line was not included in DTI.

Resolved : Received LOX and updated 1008 - 11/14

Resolved : Received LOX and updated 1008 - 11/14

QC Complete

09/28/2023

11/14/2023

09/28/2023

74202

New Hampshire

Purchase

Non-QM/Compliant

Compliance

DCO2WG2M3SV-XRW0S8RB

Resolved

* Disclosure - Your Home Loan Toolkit is missing or unexecuted (Lvl R)

Missing Home Loan Toolkit in the loan package.

11/14/2023 Resolved: Received your home loan toolkit, as a result condition cleared.

11/14/2023 Resolved: Received your home loan toolkit, as a result condition cleared.

QC Complete

09/28/2023

11/14/2023

09/27/2023

72721

Arizona

Purchase

Not Covered/Exempt

Credit

MG5IGITVDSZ-JB8D6DUS

Resolved

* Missing Final 1003_Application (Lvl R)

Provide updated final 1003 as page# 2,3 and lender information sheet is missing in the loan file.

08/03/2023: Resolved: The final applications have been received along with lender information sheet.

08/03/2023: Resolved: The final applications have been received along with lender information sheet.

QC Complete

07/26/2023

08/03/2023

07/26/2023

73495

California

Purchase

Not Covered/Exempt

Credit

OTG54N2AK4Q-UDN50XOG

Resolved

* Borrower Identity Missing (Lvl R)

Provide Green card or alien registration card (I-551) for borrower (xx) as it is missing in the loan file.

08/24/2023: Resolved: A copy of the borrower's (xx) identity proof has been received (Permanent resident alien card).

08/24/2023: Resolved: A copy of the borrower's (xx) identity proof has been received (Permanent resident alien card).

QC Complete

08/22/2023

08/24/2023

08/21/2023

73495

California

Purchase

Not Covered/Exempt

Credit

OTG54N2AK4Q-G0TZ53U4

Resolved

* Hazard Insurance (Lvl R)

Provide an updated copy of hazard insurance policy as page number 02 & 03 is missing in provided document.

08/25/2023: Resolved: Complete pages of the hazard insurance policy document have been received.

08/25/2023: Resolved: Complete pages of the hazard insurance policy document have been received.

QC Complete

08/22/2023

08/25/2023

08/21/2023

73987

Georgia

Cash Out

Not Covered/Exempt

Credit

VXONSILN3UA-QSFFZZOT

Resolved

* Hazard Insurance Coverage less than Loan Amount (Lvl R)

Dwelling coverage (xx) reflecting on the hazard insurance policy is not sufficient to cover the loan amount (xx); however, replacement cost estimator is present in file and amount of replacement cost estimator (xx) is being not covered by the dwelling amount, provide replacement cost estimate with current dwelling amount.

11/16/2023 Resolved: Received LOX for 100% Guaranteed replacement cost and covers the loan amount, as a result condition cleared.

11/16/2023 Resolved: Received LOX for 100% Guaranteed replacement cost and covers the loan amount, as a result condition cleared.

QC Complete

09/20/2023

11/16/2023

09/19/2023

73998

Florida

Purchase

Not Covered/Exempt

Credit

EW501UTGF4G-ZQTOTFID

Resolved

* Additional Address Noted (Lvl R)

Provide letter of explanation for ownership of following address reflects on bank statement: xx

11/16/2023 Resolved: Received Letter of Explanation for ownership of xx reflects on bank statement, as a result condition cleared.

11/16/2023 Resolved: Received Letter of Explanation for ownership of xx reflects on bank statement, as a result condition cleared.

QC Complete

10/02/2023

11/16/2023

10/02/2023

73998

Florida

Purchase

Not Covered/Exempt

Credit

EW501UTGF4G-J9U91B37

Resolved

* LOE (Lvl R)

Provide a satisfactory rental survey for subject supporting submitted rental income of xx.

Resolved : Received 1007 - 10/4

Resolved : Received 1007 - 10/4

QC Complete

10/02/2023

10/05/2023

10/02/2023

73785

Florida

Purchase

Not Covered/Exempt

Credit

DF34S4ZPS5A-U0OKEMMW

Resolved

* Required Documentation Missing or Incomplete (Lvl R)

Require amended deed of trust as property type is PUD in appraisal report; however, security instrument shows Single family.

Resolved : Received updated copy of DOt with PUD rider - 12/8

Resolved : Received updated copy of DOt with PUD rider - 12/8

QC Complete

09/26/2023

12/08/2023

09/25/2023