EX-99.9 10 ex99-9.htm AMC EXCEPTION GRADES
 

GCAT 2023-NQM1 Trust ABS-15G

Exhibit 99.9

 

 

 

Loan ID Customer Loan ID Seller Loan 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 DBRS Initial Exception Rating DBRS Final Exception Rating Fitch Initial Exception Rating Fitch Final Exception Rating Kroll Initial Exception Rating Kroll Final Exception Rating Moody's Initial Exception Rating Moody's Final Exception Rating S&P Initial Exception Rating S&P Final Exception 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
843145560429           Credit Missing Document General Missing Document Missing Document: COVID-19 Attestation not provided           Reviewer Comment (2021-10-27): Received, Clearing exception.


Seller Comment (2021-10-27): Please see attached.
 10/27/2021 1 C A C A C A C A C A FL Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
843145560429           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 was not provided in the file.       Reviewer Comment (2021-10-29): Clearing after re-review.


Buyer Comment (2021-10-28): VOR is not required for this loan: per our guideline, when borrowers purchase a [redacted] , we do not require VOR for the property they will exit. The housing expense is no longer relevant.
 10/29/2021 1 C A C A C A C A C A FL Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
843145560429           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. True       Reviewer Comment (2021-10-27): Cured on the CD.


Buyer Comment (2021-10-27): Hello, this is true but the cure was already applied on the initial CD through to the final.
 10/27/2021 2 C B C B C B C B C 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 C A C B D A Exempt from ATR Exempt from ATR Yes
843145560429           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. True       Reviewer Comment (2021-11-01): Removed due to Seller fees do not count .


Reviewer Comment (2021-10-27): Buyer has required the Seller Fees be included in the calculation. Exception will remain.


Buyer Comment (2021-10-27): Transfer taxes does not increase for the borrower. The difference being listed here is the amount added for the seller.
 11/01/2021 1 C A C A C A C A C A FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B C A C B D A Exempt from ATR Exempt from ATR Yes
843145560429           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  AVM supports value.  Vendor/FSD do not meet [redacted]criteria.; Sec ID:[redacted]           Reviewer Comment (2022-05-02): CDA received, Clearing.
 05/02/2022 1 A A D A A A A A A A FL Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
843145560429           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       Reviewer Comment (2022-01-21): Sufficient Cure Provided At Closing
 01/21/2022 1 A A A A A FL Primary Purchase Final CD evidences Cure D B C A C B D A Exempt from ATR Exempt from ATR Yes
277874761383           Credit Credit Credit Eligibility Credit There are red flags on the fraud report that have not been addressed -         Reviewer Comment (2021-10-29): Received, Clearing exception.


Seller Comment (2021-10-29): OFAC uploaded
 10/29/2021 1 C A C A C A C A C A MI Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
277874761383           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.           2 B B B B B B B B B B MI Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
277874761383           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. Verified : 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.       Reviewer Comment (2021-11-24): Clearing after re-review.


Buyer Comment (2021-11-24): Transfer Tax of [redacted] was for the seller.  This finding includes the seller transfer taxes which should not be included in the calculation.
 11/24/2021 1 C A C A C A C A C A MI Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B C A C B D A Exempt from ATR Exempt from ATR Yes
277874761383           Credit Data Verification General Data Verification The Investor's qualifying total debt ratio is less than the QM qualifying total debt ratio. Investor's qualifying DTI: ___
QM qualifying DTI: ___		 DTI calculated based on Max Rate Five Year Periodic P&I       Reviewer Comment (2022-02-09): Loan is exempt from QM
 02/09/2022 1 B A B A B A B A B A MI Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
277874761383           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  AVM supports value.  Vendor/FSD do not meet Fitch criteria.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA received, Clearing.
 05/02/2022 1 A A D A A A A A A A MI Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
849758994202           Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.   The property is located in a FEMA disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and the property must be re-inspected on or after [redacted]  declared end date.       Reviewer Comment (2021-11-19): Received, clearing.


Seller Comment (2021-11-19): PCI Report
 11/19/2021 1 C A C A C A C A C A FL Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
849758994202           Credit Missing Document General Missing Document Missing Document: COVID-19 Attestation not provided   COVID attestation missing       Reviewer Comment (2021-10-29): Received, clearing.


Seller Comment (2021-10-28): attached
 10/29/2021 1 C A C A C A C A C A FL Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
849758994202           Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Stocks verified less than [redacted] months - many transfers not sourced with large deposits and withdrawals not sufficiently sourced       Reviewer Comment (2021-11-02): Bank statement provided, exception cleared


Seller Comment (2021-11-01): assets associated with #[redacted] to cover [redacted]months period
 11/02/2021 1 C A C A C A C A C A FL Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
849758994202           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[redacted]exceeds tolerance of $[redacted] .  Insufficient or no cure was provided to the borrower. Title - Service Charges Fee was not disclosed on Loan Estimate.  File does not contain a valid COC for this fee, nor evidence of cure.  Provide a post-close CD disclosing the tolerance cure to include[redacted] , a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2021-10-29): Received, clearing.


Buyer Comment (2021-10-28): According to TRID guidelines section [redacted](§ [redacted](e)(3)(iii)) , these charges may change without regard to a tolerance limitation. They are services permitted to the borrower to shop for and not same service listed on our SSPL that was initially disclosed.
 10/29/2021 1 C A C A C A C A C A FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B C A C B D A Exempt from ATR Exempt from ATR Yes
849758994202           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. Credit Report Fee was  last disclosed as [redacted]  on LE but disclosed as [redacted] paid by the borrower at closing and [redacted] paid by the seller on Final Closing Disclosure.       Reviewer Comment (2021-10-29): Received, clearing.
 10/29/2021 1 C A C A C A C A C A FL Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B C A C B D A Exempt from ATR Exempt from ATR Yes
849758994202           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  AVM supports value.  Vendor/FSD do not meet Fitch criteria.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): Replace with updated.
 05/02/2022 1 A A D A A A A A A A FL Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
849758994202           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 [redacted] ([redacted]) business days prior to consummation.         Reviewer Comment (2022-07-08): Accepted as is
 2 B B B B B B B B B B FL Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
849758994202           Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized.  Highest level secondary valuation does not support the value used to qualify.; Sec ID: 7[redacted]   CDA came back indeterminable.       Reviewer Comment (2022-08-26): [redacted]received supporting primary value


Reviewer Comment (2022-08-26): Reopened


Reviewer Comment (2022-07-08): Unable to resolve


Seller Comment (2022-05-06): Appraisal value is [redacted]; AVM is [redacted], which is within [redacted]% variance of the appraisal value. So it meets our requirement.
 08/26/2022 1 A A A A A FL Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
265204850581           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 was last disclosed as [redacted]  on LE but disclosed as [redacted]  on Final CD dated [redacted] .File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include [redacted] , a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2021-11-01): Clearing.


Seller Comment (2021-11-01): Please see attached. I included two COCs after the last update to [redacted] showing the change between the gaps that seem to be missing. Please re-review and thank you.
 11/01/2021 1 C A C A C A C A C 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 Exempt from ATR Exempt from ATR Yes
265204850581           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___         Reviewer Comment (2021-10-19): Not required by guides
 10/19/2021 1 C A C A C A C A C A TX Primary Purchase   C A C A C A A A Exempt from ATR Exempt from ATR No
476317880709           Credit Missing Document General Missing Document Missing Document: COVID-19 Attestation not provided   Verified Covid-19 Attestation is missing       Reviewer Comment (2021-11-01): Received, Clearing.


Seller Comment (2021-11-01): Attached
 11/01/2021 1 C A C A C A C A C A NY Primary Refinance - Rate/Term   D A C A B A D A Exempt from ATR Exempt from ATR No
476317880709           Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.   Verified date on appraisal       Reviewer Comment (2021-11-19): Provided with trailing documents.


Seller Comment (2021-11-19): PCI Report
 11/19/2021 1 C A C A C A C A C A NY Primary Refinance - Rate/Term   D A C A B A D A Exempt from ATR Exempt from ATR No
476317880709           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: [redacted]   Verified missing secondary valuation       Reviewer Comment (2021-11-03): Clearing after re-review.


Seller Comment (2021-11-02): The loan amount is over [redacted] which requires two appraisals. we used the lower one as the determined value for this loan
 11/03/2021 1 D A D A D A D A D A NY Primary Refinance - Rate/Term   D A C A B A D A Exempt from ATR Exempt from ATR No
476317880709           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: [redacted]   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2021-11-03): Clearing after re-review.
 11/03/2021 1 D A D A D A D A D A NY Primary Refinance - Rate/Term   D A C A B A D A Exempt from ATR Exempt from ATR No
476317880709           Property Property - Appraisal Appraisal Data Integrity Property - Appraisal Appraiser's license or certification was not active at the time of the appraisal. - Effective date of appraisal is [redacted]  and is good through [redacted]       Reviewer Comment (2021-11-01): Received, Clearing.


Buyer Comment (2021-11-01): Both the appraisal report and effective date of appraisal was in [redacted], and the license expires in [redacted]. It was effective at the time.
 11/01/2021 1 C A C A C A C A C A NY Primary Refinance - Rate/Term   D A C A B A D A Exempt from ATR Exempt from ATR No
476317880709           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 [redacted]% or[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-10-15): Sufficient Cure Provided At Closing
 10/15/2021 1 A A A A A A A A A A NY Primary Refinance - Rate/Term Final CD evidences Cure D A C A B A D A Exempt from ATR Exempt from ATR Yes
476317880709           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. Verified change of circumstance on CD       Reviewer Comment (2021-10-15): Sufficient Cure Provided At Closing
 10/15/2021 1 A A A A A A A A A A NY Primary Refinance - Rate/Term Final CD evidences Cure D A C A B A D A Exempt from ATR Exempt from ATR Yes
476317880709           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. Verified change of circumstance on CD       Reviewer Comment (2021-10-15): Sufficient Cure Provided At Closing
 10/15/2021 1 A A A A A A A A A A NY Primary Refinance - Rate/Term Final CD evidences Cure D A C A B A D A Exempt from ATR Exempt from ATR Yes
476317880709           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 [redacted] ([redacted]) business days prior to consummation.         Reviewer Comment (2021-11-03): Clearing after re-review.
 11/03/2021 1 B A B A B A B A B A NY Primary Refinance - Rate/Term   D A C A B A D A Exempt from ATR Exempt from ATR No
311188826466           Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.   Disaster inspection is not in the file.       Reviewer Comment (2021-11-19): Provided with trailing documents.


Seller Comment (2021-11-19): PCI Report
 11/19/2021 1 C A C A C A C A C A NY Primary Purchase   C B C A C B A A Safe Harbor QM Exempt from ATR No
311188826466           Compliance Compliance Federal Compliance Missing Non-Required Data (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. The Rate Lock is not in the file.         2 B B B B B B B B B B NY Primary Purchase   C B C A C B A A Safe Harbor QM Exempt from ATR No
311188826466           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) [redacted] Subprime Loan: Counseling Disclosure not provided to borrower. [redacted]Subprime Counseling Disclosure is not in the file.         2 B B B B B B B B B B NY Primary Purchase No obvious cure C B C A C B A A Safe Harbor QM Exempt from ATR No
311188826466           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) [redacted] Subprime Loan:  Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law. [redacted] Subprime Loan Disclosure is not in the file.         2 B B B B B B B B B B 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 A C B A A Safe Harbor QM Exempt from ATR Yes
311188826466           Compliance Compliance State Compliance State HPML [redacted] Subprime Home Loan Threshold Fixed Non-Compliant [redacted] Subprime Loan: APR on subject loan of [redacted] or Final Disclosure APR of [redacted] is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%.  Non-Compliant SubPrime Loan. APR exceeds threshold for Prime Mortgage Market Rate.         2 B B B B B B B B B 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 A C B A A Safe Harbor QM Exempt from ATR Yes
311188826466           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) [redacted] Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan. [redacted]Subprime Tax Disclosure is not in the file.         2 B B B B B B B B B B NY Primary Purchase No obvious cure C B C A C B A A Safe Harbor QM Exempt from ATR No
311188826466           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. No change of circumstance in the file , and no cure for the increased fee in the file.       Reviewer Comment (2021-11-17): Received, clearing.
 11/17/2021 1 C A C A C A C A C 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 A C B A A Safe Harbor QM Exempt from ATR Yes
311188826466           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2021-11-17): Received, clearing.


Buyer Comment (2021-11-16): it's CDL DTI product, per our guideline: for REO, No supporting documentation will be required (i.e., mortgage statements, real estate taxes, hazard/flood insurance, HOA bills); the information stated on the signed 1003 will serve as verification of the income and expenses of the property(ies)." please refer to our guideline.
 11/17/2021 1 C A C A C A C A C A NY Primary Purchase   C B C A C B A A Safe Harbor QM Exempt from ATR No
934762767007           Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Homeowner's insurance for the subject property is missing.       Reviewer Comment (2021-11-17): Received, clearing.


Seller Comment (2021-11-17): Hazard Insurance Policy
 11/17/2021 1 C A C A C A C A C A NY Primary Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
934762767007           Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.   There is a FEMA declaration from [redacted] which is after the last property inspection.       Reviewer Comment (2021-12-02): Received, clearing.


Buyer Comment (2021-12-02): the attached report uploaded earlier is the PCI report with no potential risk noted, please further advise


Reviewer Comment (2021-12-02): AVM provided insufficient to clear exception. PCI report is required.


Seller Comment (2021-12-02): PCI Report
 12/02/2021 1 C A C A C A C A C A NY Primary Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
934762767007           Credit Insurance Insurance Documentation Insurance Hazard Insurance Error: Subject hazard insurance premium is missing from evidence of insurance.   Hazard insurance documentation is not in the loan file.       Reviewer Comment (2021-11-17): Received, clearing.


Seller Comment (2021-11-17): Hazard Insurance Policy
 11/17/2021 1 C A C A C A C A C A NY Primary Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
934762767007           Compliance Compliance State Compliance State HPML (State HPML Provision) New York Subprime Loan (Ability to Repay not Verified) [redacted] Subprime Loan:  Borrower's ability to repay not verified with reliable documentation.           2 B B B B B B B B B B NY Primary Purchase No obvious cure C B C A B B A A Exempt from ATR Exempt from ATR No
934762767007           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) [redacted] Subprime Loan: Counseling Disclosure not provided to borrower.           2 B B B B B B B B B B NY Primary Purchase No obvious cure C B C A B B A A Exempt from ATR Exempt from ATR No
934762767007           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) [redacted] Subprime Loan:  Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law.           2 B B B B B B B B B B 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 A B B A A Exempt from ATR Exempt from ATR Yes
934762767007           Compliance Compliance State Compliance State HPML [redacted] Subprime Home Loan Threshold Fixed Non-Compliant [redacted] Subprime Loan: APR on subject loan of [redacted]  or Final Disclosure APR of [redacted] is in excess of allowable threshold of Prime Mortgage Market Rate [redacted]+ [redacted]%, or [redacted]%.  Non-Compliant SubPrime Loan.           2 B B B B B B B B B 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 A B B A A Exempt from ATR Exempt from ATR Yes
934762767007           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) [redacted] Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan.           2 B B B B B B B B B B NY Primary Purchase No obvious cure C B C A B B A A Exempt from ATR Exempt from ATR No
934762767007           Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule ([redacted] ): Safe Harbor requirements not satisfied.           2 B B B B B B B B B B NY Primary Purchase   C B C A B B A A Exempt from ATR Exempt from ATR No
928253116911           Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.           Reviewer Comment (2021-11-18): Received, clearing exception.


Seller Comment (2021-11-18): PCI Report
 11/18/2021 1 C A C A C A C A C A NY Primary Purchase   D B C A B B D A Exempt from ATR Exempt from ATR No
928253116911           Credit Loan Package Documentation Closing / Title Missing Document  Missing Document: Rider - Other not provided           Reviewer Comment (2021-11-19): Clearing after re-review.


Buyer Comment (2021-11-19): Please specify which Rider you are looking for.
 11/19/2021 1 C A C A C A C A C A NY Primary Purchase   D B C A B B D A Exempt from ATR Exempt from ATR No
928253116911           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  AVM provided is invalid.  The FSD is greater than [redacted].; Sec ID: [redacted]           Reviewer Comment (2021-12-13): FSD score is [redacted]
 12/13/2021 1 D A D A D A D A D A NY Primary Purchase   D B C A B B D A Exempt from ATR Exempt from ATR No
928253116911           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) [redacted] Subprime Loan:  Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law.           2 B B B B B B B B B B 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.). D B C A B B D A Exempt from ATR Exempt from ATR Yes
928253116911           Compliance Compliance State Compliance State HPML [redacted] Subprime Home Loan Threshold Fixed Non-Compliant [redacted] Subprime Loan: APR on subject loan of [redacted] or Final Disclosure APR of [redacted] is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%.  Non-Compliant SubPrime Loan.           2 B B B B B B B B B 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. D B C A B B D A Exempt from ATR Exempt from ATR Yes
488796414945           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.           2 B B B B B B B B B B CA Primary Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
488796414945           Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule ([redacted] ): Safe Harbor requirements not satisfied.           2 B B B B B B B B B B CA Primary Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
488796414945           Compliance Compliance Federal Compliance Missing Non-Required Data (Missing Data) Last Rate Set Date Last Date Rate Set and Initial Rate Lock Date not provided.  Worst Case Scenario between Creditor Application Date and Transaction Date used to determine rate used for testing. Missing rate lock agreement.         2 B B B B B B B B B B CA Primary Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
488796414945           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. Homeownership Counseling disclosure missing the [redacted]Agencies listed.         2 B B B B B B B B B B CA Primary Purchase   B B A A B B A A Exempt from ATR Exempt from ATR No
488796414945           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 Home Inspection Fee.  Fee Amount of [redacted] exceeds tolerance of [redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2021-11-01): Sufficient Cure Provided At Closing
 11/01/2021 1 A A A A A A A A A A CA Primary Purchase Final CD evidences Cure B B A A B B A A Exempt from ATR Exempt from ATR Yes
587487946906           Credit Missing Document General Missing Document Missing Document: COVID-19 Attestation not provided           Reviewer Comment (2021-11-16): Received, clearing.


Seller Comment (2021-11-16): COVID-19 Attestation
 11/16/2021 1 C A C A C A C A C A NY Primary Refinance - Cash-out - Other   C B C A B B A A Exempt from ATR Exempt from ATR No
587487946906           Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Mortgage Statement(s) not provided   Missing mortgage statement.       Reviewer Comment (2021-11-24): Clearing


Buyer Comment (2021-11-24): REO docs: it's CDL DTI product, mortgage statement or supporting docs of REO are not required
 11/24/2021 1 C A C A C A C A C A NY Primary Refinance - Cash-out - Other   C B C A B B A A Exempt from ATR Exempt from ATR No
587487946906           Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.   The property is located in a FEMA disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and the property must be re-inspected on or after [redacted] declared end date.       Reviewer Comment (2021-11-22): Received, clearing.


Seller Comment (2021-11-22): PCI Report
 11/22/2021 1 C A C A C A C A C A NY Primary Refinance - Cash-out - Other   C B C A B B A A Exempt from ATR Exempt from ATR No
587487946906           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing income documents for the one year [redacted] documentation.       Reviewer Comment (2021-11-24): Received, clearing.


Seller Comment (2021-11-24): CPA letter and P&L
 11/24/2021 1 C A C A C A C A C A NY Primary Refinance - Cash-out - Other   C B C A B B A A Exempt from ATR Exempt from ATR No
587487946906           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) [redacted] Subprime Loan: Counseling Disclosure not provided to borrower. Missing [redacted] counseling disclosure.         2 B B B B B B B B B B NY Primary Refinance - Cash-out - Other No obvious cure C B C A B B A A Exempt from ATR Exempt from ATR No
587487946906           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) [redacted] Subprime Loan:  Mortgage does not contain a legend stating that the subprime loan is subject to Section [redacted]]-m of the Banking Law. Missing [redacted] subprime disclosure.         2 B B B B B B B B B B NY Primary Refinance - Cash-out - Other 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 A B B A A Exempt from ATR Exempt from ATR Yes
587487946906           Compliance Compliance State Compliance State HPML [redacted] Subprime Home Loan Threshold Fixed Non-Compliant [redacted] Subprime Loan: APR on subject loan of [redacted] or Final Disclosure APR of [redacted] is in excess of allowable threshold of Prime Mortgage Market Rate[redacted] + 1.75%, or[redacted]%.  Non-Compliant SubPrime Loan. [redacted] Subprime Loan: APR on subject loan of [redacted]or Final Disclosure APR of[Redacted ] is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] +[redacted]%, or [redacted]%. Non-Compliant SubPrime Loan.         2 B B B B B B B B B B NY Primary Refinance - Cash-out - Other 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 A B B A A Exempt from ATR Exempt from ATR Yes
587487946906           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) [redacted] Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan. Missing [redacted] Subprime tax disclosure.         2 B B B B B B B B B B NY Primary Refinance - Cash-out - Other No obvious cure C B C A B B A A Exempt from ATR Exempt from ATR No
587487946906           Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: [redacted]Percent Fee Tolerance exceeded for Appraisal Review Fee.  Fee Amount of [redacted ] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Appraisal Review Fee was not disclosed on Loan Estimate.  File does not contain a valid COC for this fee, nor evidence of cure.  Provide a post-close CD disclosing the tolerance cure to include [redacted ], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2021-10-29): Sufficient Cure Provided At Closing
 10/29/2021 1 A A A A A A A A A A NY Primary Refinance - Cash-out - Other Final CD evidences Cure C B C A B B A A Exempt from ATR Exempt from ATR Yes
587487946906           Compliance Compliance Federal Compliance TRID TRID Zero Percent Tolerance Violation With Sufficient Cure Provided At Closing TILA-RESPA Integrated Disclosure: [redacted] 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. Transfer Tax was last disclosed as [redacted ] on LE but disclosed as $[redacted ] on Final Closing Disclosure.  File does not contain a valid COC for this fee, cure provided at closing.       Reviewer Comment (2021-10-29): Sufficient Cure Provided At Closing
 10/29/2021 1 A A A A A A A A A A NY Primary Refinance - Cash-out - Other Final CD evidences Cure C B C A B B A A Exempt from ATR Exempt from ATR Yes
193778146811           Credit Missing Document General Missing Document Missing Document: COVID-19 Attestation not provided           Reviewer Comment (2021-11-17): Received, clearing.


Seller Comment (2021-11-17): COVID-19 Attestation
 11/17/2021 1 C A C A C A C A C A NY Primary Purchase   C B C A C B A A Exempt from ATR Exempt from ATR No
193778146811           Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.           Reviewer Comment (2021-12-03): Provided with trailing documents


Seller Comment (2021-12-03): PCI Report
 12/03/2021 1 C A C A C A C A C A NY Primary Purchase   C B C A C B A A Exempt from ATR Exempt from ATR No
193778146811           Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Source of Earnest Money is not documented.       Reviewer Comment (2021-11-24): Received, clearing.


Seller Comment (2021-11-24): EMD
 11/24/2021 1 C A C A C A C A C A NY Primary Purchase   C B C A C B A A Exempt from ATR Exempt from ATR No
193778146811           Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2021-11-24): Received, clearing.


Buyer Comment (2021-11-24): Assets: on Final CD, the cash to close  [redacted]plus [redacted]months PITIA [redacted]=total required [redacted]; we've verified total assets from [redacted]statement of [redacted][redacted]; it's sufficient to cover [redacted] months reserves
 11/24/2021 1 C A C A C A C A C A NY Primary Purchase   C B C A C B A A Exempt from ATR Exempt from ATR No
193778146811           Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation Unable to determine if the borrower signed a valuation receipt acknowledgment due to missing information.           2 B B B B B B B B B B NY Primary Purchase   C B C A C B A A Exempt from ATR Exempt from ATR No
193778146811           Compliance Compliance State Compliance State HPML (State HPML Provision) New York Subprime Loan (Ability to Repay not Verified) [redacted] Subprime Loan: File does not contain evidence that analysis of borrower's ability to repay was performed based on verified income, obligations, assets, and/or employment using PITI payment based on fully-indexed rate with fully-amortizing payment and taking into account  payments on any simultaneously-closed loans.           2 B B B B B B B B B B NY Primary Purchase No obvious cure C B C A C B A A Exempt from ATR Exempt from ATR No
193778146811           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) [redacted] Subprime Loan: Counseling Disclosure not provided to borrower.           2 B B B B B B B B B B NY Primary Purchase No obvious cure C B C A C B A A Exempt from ATR Exempt from ATR No
193778146811           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) [redacted] Subprime Loan:  Mortgage does not contain a legend stating that the subprime loan is subject to Section [redacted]  of the Banking Law.           2 B B B B B B B B B B 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 A C B A A Exempt from ATR Exempt from ATR Yes
193778146811           Compliance Compliance State Compliance State HPML [redacted] Subprime Home Loan Threshold Fixed Non-Compliant [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%.  Non-Compliant SubPrime Loan.           2 B B B B B B B B B 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 A C B A A Exempt from ATR Exempt from ATR Yes
193778146811           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year [redacted] TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year [redacted] of [redacted] on Final Closing Disclosure provided on [redacted]  not accurate.         Reviewer Comment (2021-12-23): PC CD


Seller Comment (2021-12-23): PCCD & LOE attached.
 12/23/2021 2 C B C B C B C B C B NY Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Exempt from ATR Exempt from ATR Yes
193778146811           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 amount increased without a valid change of circumstance.       Reviewer Comment (2021-12-03): reviewed with trailing documents
 12/03/2021 1 C A C A C A C A C 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 A C B A A Exempt from ATR Exempt from ATR Yes
329087758331           Credit Missing Document General Missing Document Missing Document: COVID-19 Attestation not provided           Reviewer Comment (2021-11-17): Received, clearing.


Seller Comment (2021-11-17): COVID-19 Attestation
 11/17/2021 1 C A C A C A C A C A NY Primary Purchase   C B C A C B A A Exempt from ATR Exempt from ATR No
329087758331           Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster. Most Recent Valuation Inspection Date: ___                 
Disaster End Date: ___
Disaster Name: ___
Disaster Declaration Date: ___		 The property is located in a FEMA disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and the property must be re-inspected on or after [redacted] declared end date.       Reviewer Comment (2021-12-10): Received, Clearing.
 12/10/2021 1 C A C A C A C A C A NY Primary Purchase   C B C A C B A A Exempt from ATR Exempt from ATR No
329087758331           Credit Property - Appraisal Appraisal Adjustments Property - Appraisal Excessive site value noted on appraisal without appraiser comments to justify - Appraisal did not comment on site value       Reviewer Comment (2021-12-06): Received, clearing.


Buyer Comment (2021-12-06): appraiser: SITE VALUE IS NOTED IN COST APPROACH AND ADJ FOR SUCH IN ADDENDUM - THANKS
 12/06/2021 1 C A C A C A C A C A NY Primary Purchase   C B C A C B A A Exempt from ATR Exempt from ATR No
329087758331           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. The file was missing a copy of the List of Homeownership Counseling Organizations.         2 B B B B B B B B B B NY Primary Purchase   C B C A C B A A Exempt from ATR Exempt from ATR No
329087758331           Compliance Compliance State Compliance State HPML [redacted] Subprime Home Loan Threshold Fixed Non-Compliant [redacted] Subprime Loan: APR on subject loan of[redacted] or Final Disclosure APR of [redacted] is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%.  Non-Compliant SubPrime Loan.           2 B B B B B B B B B 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 A C B A A Exempt from ATR Exempt from ATR Yes
329087758331           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 [redacted]% or [redacted].  Insufficient or no cure was provided to the borrower. [redacted]% tolerance was exceeded by [redacted] due to increase of recording fees.  The borrower's recording fee totals[redacted] while the Seller paid [redacted] in recording fees.       Reviewer Comment (2021-12-14): Received, Clearing.


Buyer Comment (2021-12-14): This is seller-paid so this is fine.
 12/14/2021 1 C A C A C A C A C 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 A C B A A Exempt from ATR Exempt from ATR Yes
329087758331           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. Transfer Tax Fee was last disclosed as [redacted] on LE but disclosed as [redacted] in borrower paid fees on Final Closing Disclosure. The Seller paid [redacted] in state tax stamps.       Reviewer Comment (2021-12-14): Received, Clearing.


Buyer Comment (2021-12-14): This is seller-paid so this change is fine.
 12/14/2021 1 C A C A C A C A C 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 A C B A A Exempt from ATR Exempt from ATR Yes
329087758331           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) [redacted] Subprime Loan: Counseling Disclosure not provided to borrower.           2 B B B B B B B B B B NY Primary Purchase No obvious cure C B C A C B A A Exempt from ATR Exempt from ATR No
329087758331           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) [redacted] Subprime Loan:  Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law.           2 B B B B B B B B B B 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 A C B A A Exempt from ATR Exempt from ATR Yes
329087758331           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Notice of Taxes and Insurance Not Provided) [redacted] Subprime Loan: Borrower not provided with Notice of Taxes and Insurance on 1st lien, subprime loan.           2 B B B B B B B B B B NY Primary Purchase No obvious cure C B C A C B A A Exempt from ATR Exempt from ATR No
731816246013           Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.   Need drive by per FEMA disaster after valuation date.       Reviewer Comment (2021-11-19): Received, clearing.


Seller Comment (2021-11-19): PCI Report
 11/19/2021 1 C A C A C A C A C A NY Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
731816246013           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2021-11-29): Provided with trailing documents


Seller Comment (2021-11-29): AVM report uploaded and it supports the qualifying value
 11/29/2021 1 D A D A D A D A D A NY Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
731816246013           Compliance Compliance State Compliance State HPML (State HPML Provision) New York Subprime Loan (Ability to Repay not Verified) [redacted] Subprime Loan:  Borrower's ability to repay not verified with reliable documentation.           2 B B B B B B B B B B NY Primary Purchase No obvious cure D B C A C B D A Exempt from ATR Exempt from ATR No
731816246013           Compliance Compliance State Compliance State HPML [redacted] Subprime Home Loan Threshold Fixed Non-Compliant [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%.  Non-Compliant SubPrime Loan.           2 B B B B B B B B B 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. D B C A C B D A Exempt from ATR Exempt from ATR Yes
731816246013           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. Transfer Fee was  last disclosed as $[redacted] on LE but disclosed as $[redacted]on Final Closing Disclosure. File does not contain a valid COC for this fee, nor evidence of cure in file.   Provide a post-close CD disclosing the tolerance cure to include $[redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2021-12-22): seller fee increased


Buyer Comment (2021-12-22): Increase is seller paid. This does not require a cure.
 12/22/2021 1 C A C A C A C A C A NY Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B C A C B D A Exempt from ATR Exempt from ATR Yes
731816246013           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) [redacted] Subprime Loan:  Mortgage does not contain a legend stating that the subprime loan is subject to Section [redacted]-m of the Banking Law.           2 B B B B B B B B B B 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.). D B C A C B D A Exempt from ATR Exempt from ATR Yes
731816246013           Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation Unable to determine if the borrower signed a valuation receipt acknowledgment due to missing information.           2 B B B B B NY Primary Purchase   D B C A C B D A Exempt from ATR Exempt from ATR No
584519509375           Credit Missing Document General Missing Document Missing Document: Official Check not provided   File missing verification of $[redacted]of EMD only $[redacted]verified.       Reviewer Comment (2021-11-30): EMD evidence provided


Seller Comment (2021-11-30): The wire were sent to a real estate company, [redacted]  based on the bank statement, [redacted] and [redacted]. see the uploaded statements for [redacted] part
 11/30/2021 1 C A C A C A C A C A FL Primary Purchase   C B C A B B B B Exempt from ATR Exempt from ATR No
584519509375           Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Guideline Requirement: Loan to value discrepancy.   Guidelines for O/O LDoc with a min score of [redacted] is [redacted]% LTV.  Borrower score is [redacted].       Reviewer Comment (2021-11-30): Received, clearing.


Seller Comment (2021-11-30): please find the updated credit report to reflect Fico [redacted]
 11/30/2021 1 C A C A C A C A C A FL Primary Purchase   C B C A B B B B Exempt from ATR Exempt from ATR No
584519509375           Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Combined loan to value discrepancy.   Guidelines for O/O LDoc with a min score of [redacted] is [redacted]% LTV.  Borrower score is [redacted].       Reviewer Comment (2021-11-30): Received, clearing.


Seller Comment (2021-11-30): please find the updated credit report to reflect Fico [redacted]
 11/30/2021 1 C A C A C A C A C A FL Primary Purchase   C B C A B B B B Exempt from ATR Exempt from ATR No
584519509375           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. Letter to borrower from lender indicates AVM report was sent on May [redacted]value $[redacted].  Desk review completed on [redacted] verification not shown as sent value $[redacted]         2 B B B B B B B B B B FL Primary Purchase   C B C A B B B B Exempt from ATR Exempt from ATR No
584519509375           Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized.  Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value.; Sec ID: [redacted] Note Date:  ___; Lien Position: ___           2 A A A A A A A A B B FL Primary Purchase   C B C A B B B B Exempt from ATR Exempt from ATR No
433320034375           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Business License and CPA Letter are missing.       Reviewer Comment (2021-12-03): provided with trailing documents


Seller Comment (2021-12-03): Business License and CPA attached.
 12/03/2021 1 C A C A C A C A C A RI Primary Purchase   D A C A C A D A Exempt from ATR Exempt from ATR No
433320034375           Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   VOE is not in file. Signed [redacted] and [redacted] are needed.       Reviewer Comment (2021-12-08): VOR not required per guidelines.


Buyer Comment (2021-12-07): VOE: tax returns, transcripts are not required on CDL loans, borrower is [redacted], P&L is sufficient for CDL program; VOR: When borrowers purchase a primary residence, we do not require VOR for the property they will exit. The housing expense is no longer relevant. VOM: it's not applicable for this transaction


Reviewer Comment (2021-12-03): Signed 1040 and 4506T are needed, P&L insufficient documentation, exception stands.


Seller Comment (2021-12-03): P&L attached.
 12/08/2021 1 C A C A C A C A C A RI Primary Purchase   D A C A C A D A Exempt from ATR Exempt from ATR No
433320034375           Compliance Compliance State Compliance State Defect Rhode Island Home Loan (Prohibited Acts and Practices Regarding High-Cost Home Loans Disclosure Not Provided) [redacted] Home Loan: Prohibited Acts and Practices Regarding High-Cost Home Loans disclosure not provided. Document is missing.       Reviewer Comment (2021-12-21): exempt


Buyer Comment (2021-12-21): This is not applicable as we are a [redacted]. Exempt
 12/21/2021 1 C A C A C A C A C A RI Primary Purchase   D A C A C A D A Exempt from ATR Exempt from ATR No
433320034375           Compliance Compliance State Compliance State Defect Rhode Island Home Loan (High Cost Analysis Not In File) [redacted] Home Loan:  Loan file did not contain record(s) documenting high-cost home loan analysis.         Reviewer Comment (2021-12-21): exempt


Buyer Comment (2021-12-21): This is not applicable as we are a [redacted]. Exempt
 12/21/2021 1 C A C A C A C A C A RI Primary Purchase   D A C A C A D A Exempt from ATR Exempt from ATR No
433320034375           Compliance Compliance State Compliance State Defect Rhode Island Home Loan (Prohibited Acts and Practices Regarding Home Loans Disclosure Not Provided) [redacted] Home Loan: Prohibited Acts and Practices Regarding Home Loans disclosure not provided.         Reviewer Comment (2021-12-21): exempt


Buyer Comment (2021-12-21): This is not applicable as we are a [redacted]. Exempt
 12/21/2021 1 C A C A C A C A C A RI Primary Purchase   D A C A C A D A Exempt from ATR Exempt from ATR No
433320034375           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  AVM supports value.  Vendor/FSD do not meet Fitch criteria.; Sec ID: [redacted]           Reviewer Comment (2022-05-02): CDA received, Clearing.
 05/02/2022 1 A A D A A A A A A A RI Primary Purchase   D A C A C A D A Exempt from ATR Exempt from ATR No
573205990441           Credit Missing Document General Missing Document Missing Document: COVID-19 Attestation not provided           Reviewer Comment (2021-11-02): NA for this Seller.
 11/02/2021 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Non QM Safe Harbor QM (APOR) No
573205990441           Credit Hazard Insurance Document Error Hazard Insurance Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements.           Reviewer Comment (2021-11-29): Sevicer is acceptable, exception cleared.


Seller Comment (2021-11-29): HOI mortgage clause correct per our guidelines
 11/29/2021 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Non QM Safe Harbor QM (APOR) No
573205990441           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2021-11-19): Received, clearing exception.


Seller Comment (2021-11-19): tax verification uploaded in misc


Reviewer Comment (2021-11-15): Missing [redacted], [redacted], [redacted] tax verification.


Buyer Comment (2021-11-15): tax verification in file for all apartments, assuming they all fall in the sale tax bill
 11/19/2021 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Non QM Safe Harbor QM (APOR) No
573205990441           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. True       Reviewer Comment (2021-12-03): Clearing.


Seller Comment (2021-12-03): Disagree - Transfer Tax is accurately disclosed as seller paid item*Attached Final CD
 12/03/2021 1 C A C A C A C A C 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 Safe Harbor QM (APOR) Yes
573205990441           Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. -         Reviewer Comment (2022-03-14): Received, Clearing.


Seller Comment (2022-03-14): Exception approved; Verbal VOE dated [redacted]; SM-[redacted] at [redacted] AM.; Employment started date [redacted] to present .
Previous employment history([redacted]) W2s [redacted] to [redacted]
 03/14/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Non QM Safe Harbor QM (APOR) No
573205990441           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted]business days of the Note. -         Reviewer Comment (2021-11-19): Received, clearing exception.
 11/19/2021 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Non QM Safe Harbor QM (APOR) No
573205990441           Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Safe Harbor QM (APOR) matches the Due Diligence Loan Designation of Safe Harbor QM (APOR). Restated to SHQM (APOR)         2 A B B B A CA Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Non QM Safe Harbor QM (APOR) No
673195167976           Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided           Reviewer Comment (2022-01-28): Received, Clearing.


Seller Comment (2022-01-28): Exception disapproved; This finding is invalid: File is a primary purchase on the Non-Agency Alternate Income Program. Guidelines states Tax ID Numbers are eligible borrowers. Attached is the borrowers Tax Payer ID Number along with the program guidelines.
 01/28/2022 1 C A C A C A C A C A VA Primary Purchase   C B C B B B A A Non QM Non QM No
673195167976           Compliance Compliance Federal Compliance GSE Fannie Mae [redacted]- [redacted] Points and Fees Fannie Mae 2014 3[redacted] Points and Fees Test.  Points and Fees on subject loan of [redacted] % is in excess of the investor allowable maximum of  [redacted] % of the Federal Total Loan Amount. Points and Fees total $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an investor allowable total of $[redacted] (an overage of $[redacted] or [redacted] %). Points and Fees total $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an investor allowable total of $[redacted] (an overage of $[redacted] or [redacted] %).         2 B B B B B B B B B B VA Primary Purchase   C B C B B B A A Non QM Non QM Yes
673195167976           Credit Hazard Insurance Document Error Hazard Insurance Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements.   HOI policy provide reflects incorrect mortgagee clause.  Lender reflected is not lender on Note.  Lender to provide updated policy reflecting correct lender.       Reviewer Comment (2022-02-01): Exception granted.


Buyer Comment (2021-12-20): Mortgagee is wrong. Given age of loan and [redacted] language - we are ok with it
 02/01/2022 1 C A C A C A C A C A VA Primary Purchase   C B C B B B A A Non QM Non QM No
673195167976           Credit Credit Transaction Error Credit Transaction Error: Total Cash-out on a purchase transaction. Borrower is receiving total cash-out of ___ on a purchase transaction.   The representative FICO score exceeds the guideline minimum by at least [redacted] points.

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

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

Borrower has worked in the same position for more than [redacted].

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

Borrower has been employed in the same industry for more than [redacted].		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2021-12-20): Exception provided.


Seller Comment (2021-12-20): Agree - exception uploaded covers this
 12/20/2021 2 C B C B C B C B C B VA Primary Purchase   C B C B B B A A Non QM Non QM No
490089455739           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.           2 B B B B B B B B B B CA Primary Purchase   B B A A B B B B Non QM Non QM No
490089455739           Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender - HOI policy provide reflects incorrect mortgagee clause.  Lender reflected is not lender on Note.  Lender to provide updated policy reflecting correct lender.         2 B B B B B B B B B B CA Primary Purchase   B B A A B B B B Non QM Non QM No
386380347522           Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.           Reviewer Comment (2022-01-10): Exception received.


Seller Comment (2022-01-10): we are missing proof of [redacted] and [redacted] to make full [redacted]month history exception approved for missing months
 01/10/2022 1 C A C A C A C A C A VA Primary Purchase   C B C A C B A A Non QM Non QM No
386380347522           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 [redacted] days of the loan application date. Borrower received Right to received a copy of Appraisal on the same day as closing [redacted] .       Reviewer Comment (2021-12-20): Received, Clearing.
 12/20/2021 1 B A B A B A B A B A VA Primary Purchase   C B C A C B A A Non QM Non QM Yes
386380347522           Compliance Compliance Federal Compliance Federal HPML Federal HPML [redacted]Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted] % or Final Disclosure APR of [redacted]% is in excess of allowable threshold of APOR [redacted] % + [redacted] %, or [redacted] %.  Non-Compliant Higher Priced Mortgage Loan. Loan File is a Non-compliant HPML due to excess APR allowable.       Reviewer Comment (2021-12-20): Received, Clearing.


Buyer Comment (2021-12-20): HPML loans are ok to fund
 12/20/2021 1 C A C A C A C A C A VA Primary Purchase   C B C A C B A A Non QM Non QM No
386380347522           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 [redacted] ([redacted]) business days prior to closing. Initial CD Issued less than [redacted] days prior to closing and received by the borrower less than [redacted] business days prior to closing.       Reviewer Comment (2022-01-10): Received, Clearing.


Seller Comment (2022-01-10): ICD sent electronically
 01/10/2022 1 C A C A C A C A C A VA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
386380347522           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 [redacted] ([redacted]) business days of application. Initial CD Issued less than [redacted] days prior to closing and received by the borrower less than [redacted] business days prior to closing.       Reviewer Comment (2022-01-10): Received, Clearing.


Seller Comment (2022-01-10): Initial LE was sent [redacted] - borrower signed same day but broker did not sign the 1003. Given age of loan, can't pull the signed copy from DocMagic but tracking shows the same timeline
 01/10/2022 1 C A C A C A C A C A VA Primary Purchase   C B C A C B A A Non QM Non QM No
386380347522           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 [redacted] ([redacted]) business days prior to closing. Initial CD Issued less than [redacted] days prior to closing and received by the borrower less than [redacted] business days prior to closing.       Reviewer Comment (2022-01-10): Received, Clearing.


Seller Comment (2022-01-10): LE sent electronically
 01/10/2022 1 C A C A C A C A C A VA Primary Purchase No Defined Cure C B C A C B A A Non QM Non QM No
386380347522           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 $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Fee increased on the closing Disclosure without any valid change of circumstance reason provided to the borrower.       Reviewer Comment (2022-01-12): PC CD


Seller Comment (2022-01-12): Cure Docs
 01/12/2022 2 C B C B C B C B C B VA 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
386380347522           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. Appraiser did not analyze the property.         2 B B B B B B B B B B VA Primary Purchase   C B C A C B A A Non QM Non QM No
386380347522           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 [redacted] days of the loan application date. Borrower was supposed to receive Right to Receive a Copy of Appraisal but that did not happen as borrower only received the document on the closing day.       Reviewer Comment (2021-12-20): Received, Clearing.
 12/20/2021 1 C A C A C A C A C A VA Primary Purchase   C B C A C B A A Non QM Non QM No
386380347522           Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within [redacted] ([redacted]) business days of application. Borrower was provided with document on [redacted]  .         2 B B B B B B B B B B VA Primary Purchase   C B C A C B A A Non QM Non QM No
789642857870           Credit Missing Document General Missing Document Missing Document: Bank Statements - Business not provided   Missing business bank statement from period of [redacted]  through [redacted] .       Reviewer Comment (2022-02-10): Received. Clearing.


Seller Comment (2022-02-10): Findings are invalid. The Jan bank statements are showing uploaded in the document list, see attached all 4 pages included.
 02/10/2022 1 C A C A C A C A C A NJ Primary Refinance - Rate/Term   C B C A C B A A Safe Harbor QM Safe Harbor QM (APOR) No
789642857870           Compliance Compliance Federal Compliance ATR/QM Defect Sole Proprietorship Income Documentation Test Qualified Mortgage (Dodd-Frank 2014): [redacted] income documentation not sufficient (Sole Proprietorship). Missing income documents to complete Ability-to-Repay (Dodd-Frank 2014) analysis.  [redacted] letter.       Reviewer Comment (2022-03-11): Documentation received, cleared


Seller Comment (2022-03-11): Borrower is Sch C and does her own taxes.  We have attached the business license and tax returns.


Reviewer Comment (2022-03-09): Received, Bank Statement, still need CPA letter


Seller Comment (2022-03-09): Attached bank statement for the entire month of January.
 03/11/2022 1 C A C A C A C A C A NJ Primary Refinance - Rate/Term   C B C A C B A A Safe Harbor QM Safe Harbor QM (APOR) No
789642857870           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM. Missing income documents to complete Ability-to-Repay (Dodd-Frank 2014) analysis.  Missing [redacted] bank statement from [redacted] [redacted]  and CPA letter.       Reviewer Comment (2022-03-11): Documentation received, cleared


Seller Comment (2022-03-11): Borrower is Sch C and does her own taxes.  We have attached the business license and tax returns.


Reviewer Comment (2022-01-24): Removing assets doesn't fix the missing business bank statement from [redacted] to [redacted], [redacted]and CPA letter.


Seller Comment (2022-01-24): Disagree - Business assets of [redacted] have been removed as they are not needed as shown in 1003 and 1008
 03/11/2022 1 B A C A B A C A B A NJ Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM Safe Harbor QM (APOR) Yes
789642857870           Credit Income / Employment Income Documentation Income / Employment Income documentation requirements not met.   Missing [redacted]letter and balance sheet.       Reviewer Comment (2022-02-10): Received. Clearing.


Seller Comment (2022-02-10): Findings are invalid: Balance sheet and PNL are on file signed and dated
 02/10/2022 1 C A C A C A C A C A NJ Primary Refinance - Rate/Term   C B C A C B A A Safe Harbor QM Safe Harbor QM (APOR) No
789642857870           Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Safe Harbor QM (APOR) matches the Due Diligence Loan Designation of Safe Harbor QM (APOR). Updated to QM (APOR)         2 A B B B A NJ Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM Safe Harbor QM (APOR) No
184689186464           Compliance Compliance Federal Compliance GSE Fannie Mae [redacted]- [redacted] Points and Fees Fannie Mae [redacted]  [redacted] % Points and Fees Test.  Points and Fees on subject loan of [redacted] % is in excess of the investor allowable maximum of  [redacted] % of the Federal Total Loan Amount. Points and Fees total $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an investor allowable total of $[redacted] (an overage of $[redacted] or .[redacted] %).           2 B B B B B B B B B B IL Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM Yes
184689186464           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 [redacted] % or $[redacted] .  Sufficient or excess cure was provided to the borrower at Closing. [redacted]% tolerance was exceeded by $[redacted] due to addition of Endorsement, Courier, SubEscrow, and Wire fees.  No valid COC provided, cure provided at closing.       Reviewer Comment (2021-11-09): Sufficient Cure Provided At Closing
 11/09/2021 1 A A A A A A A A A A IL Primary Refinance - Rate/Term Final CD evidences Cure C B C A B B A A Non QM Non QM Yes
184689186464           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted]business days of the Note. - Start date of current [redacted] not verified.       Reviewer Comment (2022-02-23): Received, Clearing.


Seller Comment (2022-02-23): See attached needed docs. Paystubs were for the verification prior to close. VVOEs confirm borrower's start date of [redacted]


Reviewer Comment (2022-02-18): paystubs do not contain verification of start date of employment, unable to clear exception with documentation provided.


Seller Comment (2022-02-18): Paystubs were used to verify employment prior to close
 02/23/2022 1 C A C A C A C A C A IL Primary Refinance - Rate/Term   C B C A B B A A Non QM Non QM No
196491491204           Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   Lender to provide flood cert for subject property - not in file.       Reviewer Comment (2021-12-16): Received, Clearing.


Seller Comment (2021-12-16): Flood Cert
 12/16/2021 1 C A C A C A C A C A NJ Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
196491491204           Credit Loan Package Documentation Loan File Missing Document  Missing Document: Hazard Insurance Policy not provided   Lender to provide HOI cert for property - not in file.       Reviewer Comment (2021-12-16): Received, Clearing.


Seller Comment (2021-12-16): HOI
 12/16/2021 1 C A C A C A C A C A NJ Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
196491491204           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: [redacted]   Secondary valuation required due to property type was not in file.       Reviewer Comment (2021-12-15): Received and associated CDA. Exception cleared.


Seller Comment (2021-12-13): CDA
 12/15/2021 1 D A D A D A D A D A NJ Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
196491491204           Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Credit was repulled on [Redacted] and showed new mortgages, but lender fed DU the old credit report from April that did not have them. DU then asked for VOMs for these mortgages. Lender to rerun DU with correct credit report and provide approve/eligible findings.       Reviewer Comment (2021-12-23): Received, Clearing.


Seller Comment (2021-12-23): Updated DU
 12/23/2021 1 C A C A C A C A C A NJ Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
196491491204           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - ___ Lender to provide: for [Redacted], a) proof borrower is [Redacted] owner of[Redacted] (landlord on leases) and b) leases totaling[Redacted]mo (we have [redacted] for[Redacted]).       Reviewer Comment (2022-01-20): Received, Clearing.


Seller Comment (2022-01-20): Disagree - REO doc uploaded
 01/20/2022 1 C A C A C A C A C A NJ Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
734274100643           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: [redacted]   Missing second valuation needed for Securitization and was not provided.       Reviewer Comment (2021-12-15): Received and associated CDA . Exception cleared.


Seller Comment (2021-12-14): CDA
 12/15/2021 1 D A D A D A D A D A NJ Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
734274100643           Credit System General System Flood Certificate Subject Address does not match Note address.   The Flood Cert provided shows the subject zip code as[Redacted] and not[Redacted] per the Note address. Please have this updated and send for review.       Reviewer Comment (2022-02-09): Received, Clearing.


Seller Comment (2022-02-08): Attached flood cert which shows a zip code of [Redacted]
 02/09/2022 1 C A C A C A C A C A NJ Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
734274100643           Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   DTI is within [Redacted] variance.       Reviewer Comment (2021-12-22): Received, Clearing.


Buyer Comment (2021-12-22): DTI still within guides
 12/22/2021 1 C A C A C A C A C A NJ Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
734274100643           Credit Credit Miscellaneous Guideline Credit Exception:   Lender submitted outdated [redacted] to AUS - [redacted] picks up the report from [redacted], credit report used for origination was dated[Redacted]. As a result [redacted] is asking for [redacted] on several mortgages that weren't on the older credit report but were on the new report. Lender to rerun AUS with correct credit report associated.       Reviewer Comment (2022-02-10): Received, Clearing.


Seller Comment (2022-02-10): Agree - AUS findings updated with correct credit uploaded
 02/10/2022 1 C A C A C A C A C A NJ Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
734274100643           Credit System General System 1003 Subject Address does not match Note address.   Per flood cert and title zip code for subject is [redacted], which was confirmed by USPS lookup performed by QC. Zip code on appraisal, CDs, note and security instrument is [Redacted]. Lender to provide appraisal and closing documents with corrected zip code.       Reviewer Comment (2022-01-27): Received, Clearing.


Seller Comment (2022-01-27): Exception approved
 01/27/2022 1 C A C A C A C A C A NJ Investment Refinance - Cash-out - Other   D A C A A A D A   N/A No
500742244659           Credit Missing Document General Missing Document Missing Document: Bank Statements - Business not provided           Reviewer Comment (2022-01-10): Received, Clearing.


Seller Comment (2022-01-10): business narrative and CPA letter
 01/10/2022 1 C A C A C A C A C A TX Primary Purchase   C B C A C B A A Non QM Non QM No
500742244659           Credit Missing Document General Missing Document Missing Document: Source of Funds/Deposit not provided           Reviewer Comment (2022-01-10): Received, Clearing.


Seller Comment (2022-01-10): Source docs
 01/10/2022 1 C A C A C A C A C A TX Primary Purchase   C B C A C B A A Non QM Non QM No
500742244659           Compliance Compliance Federal Compliance Federal HPML Federal HPML [redacted]Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted] % or Final Disclosure APR of [redacted] % is in excess of allowable threshold of APOR [redacted] % + [redacted] %, or [redacted] %.  Non-Compliant Higher Priced Mortgage Loan.         Reviewer Comment (2022-02-03): Non-compliant due to did not obtain 2 appraisals on a flipped property.


Buyer Comment (2022-02-03): Disagree - NonQM not required to pass HPML testing


Reviewer Comment (2022-01-11): This is due to flipped property missing 2 appraisals issue.


Buyer Comment (2022-01-11): HPML loans ok to fund, just need to pass high cost
 2 C B C B C B C B C B TX Primary Purchase   C B C A C B A A Non QM Non QM No
500742244659           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 [redacted] ([redacted]) written appraisals.           2 C B C B C B C B C B TX Primary Purchase   C B C A C B A A Non QM Non QM No
500742244659           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year [redacted] TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year [redacted] of [redacted] on Final Closing Disclosure provided on [redacted]  not accurate.         Reviewer Comment (2022-01-11): PC CD


Seller Comment (2022-01-11): PCCD was uploaded to previous comment. attached again


Reviewer Comment (2022-01-10): Pending receipt of PCCD


Seller Comment (2022-01-10): Appraisal and CDA indicate no HOA - PCCD to correct
 01/11/2022 2 C B C B C B C B C B TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Non QM Non QM Yes
500742244659           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] . There is a valid change in circumstance for this fee amount change.       Reviewer Comment (2022-01-10): Received, Clearing.


Buyer Comment (2022-01-10): Change in credit was valid as noted in condition
 01/10/2022 1 C A C A C A C A C A TX 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
500742244659           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 Service Charges.  Fee Amount of $[redacted] exceeds tolerance of $[redacted] .  Insufficient or no cure was provided to the borrower. There is no valid change in file for this fee amount change.       Reviewer Comment (2022-01-12): PC CD


Seller Comment (2022-01-12): Cure Docs
 01/12/2022 2 C B C B C B C B C B TX 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
500742244659           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] ). The finance charge is $[redacted] .       Reviewer Comment (2022-01-10): Received, Clearing.


Buyer Comment (2022-01-10): Finance charge in the condition matches to that on the Final CD
 01/10/2022 1 C A C A C A C A C A TX 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 A C B A A Non QM Non QM Yes
855641228100           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 [redacted] ([redacted]) written appraisals. Property was flipped - lender to obtain second appraisal.       Reviewer Comment (2022-01-11): This exception cannot be overcome with an exception.


Seller Comment (2022-01-11): exception approved prior to fund to treat as if property was seasoned[redacted] months
 2 C B C B C B C B C B CO Primary Purchase   C B A A C B A A Non QM Non QM No
855641228100           Compliance Compliance Federal Compliance Federal HPML Federal HPML [redacted]Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted] % or Final Disclosure APR of [redacted]% is in excess of allowable threshold of APOR [redacted] % + [redacted] %, or [redacted] %.  Non-Compliant Higher Priced Mortgage Loan. The APR on subject loan of [redacted] % or Final Disclosure APR of [redacted] % is in excess of allowable threshold of APOR [redacted] % + [redacted] %, or [redacted] %.       Reviewer Comment (2022-02-03): Non-compliant due to did not obtain 2 appraisals on a flipped property.


Buyer Comment (2022-02-03): Disagree - NonQM not required to pass HPML testing


Reviewer Comment (2022-01-11): Exception is due to flipped missing 2 appraisals.


Buyer Comment (2022-01-11): only required to pass High Cost testing
 2 C B C B C B C B C B CO Primary Purchase   C B A A C B A A Non QM Non QM No
973145509378           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year [redacted] TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year [redacted] of [redacted] on Final Closing Disclosure provided on [redacted]  not accurate.         Reviewer Comment (2022-01-11): PC CD


Seller Comment (2022-01-11): Appraisal confirms no HOA - broker indicated [redacted]/month. PCCD
 01/11/2022 2 C B C B C B C B C B CT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
973145509378           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 on lender credits however change of circumstance noted in disclosures       Reviewer Comment (2022-01-11): Received, Clearing.


Seller Comment (2022-01-11): [redacted] COC LE was issued for rate lock with [redacted] dicount being charge. Lender Credit removed to account for rate/points. Change is valid
 01/11/2022 1 C A C A C A C A C 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 A A C B A A Non QM Non QM Yes
973145509378           Compliance Compliance Federal Compliance Federal HPML Federal HPML [redacted]Non Compliant Federal Higher-Priced Mortgage Loan: APR on subject loan of [redacted] % or Final Disclosure APR of [redacted] % is in excess of allowable threshold of APOR [redacted] % + [redacted] %, or [redacted] %.  Non-Compliant Higher Priced Mortgage Loan. Tolerance exceeded regarding APR or is in excess       Reviewer Comment (2022-02-03): Non-compliant due to did not obtain 2 appraisals on a [redacted] property.


Buyer Comment (2022-02-03): Disagree - NonQM not required to pass HPML testing.


Reviewer Comment (2022-01-11): Due to flipped need for 2 appraisals not high cost.


Buyer Comment (2022-01-11): HPML loans ok - just need to pass High Cost testing
 2 C B C B C B C B C B CT Primary Purchase   C B A A C B A A Non QM Non QM No
973145509378           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 [redacted] ([redacted]) written appraisals. Only one appraisal in file and desk review       Reviewer Comment (2022-01-11): This exception cannot be overcome with an exception.


Seller Comment (2022-01-11): exception was approved to treat the flip as a normal transaction prior to funding
 2 C B C B C B C B C B CT Primary Purchase   C B A A C B A A Non QM Non QM No
973145509378           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 paid fees outlined on disclosure which affects compliance       Reviewer Comment (2022-01-11): Received, Clearing.


Seller Comment (2022-01-11): Seller CD
 01/11/2022 1 C A C A C A C A C A CT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
238869253768           Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.   Most recent valuation is dated prior to most recent FEMA Disaster.       Reviewer Comment (2022-01-11): Received, Clearing.


Seller Comment (2022-01-11): Disagree - inspection uploaded
 01/11/2022 1 C A C A C A C A C A NJ Primary Purchase   C B C A C B A A Non QM Non QM No
238869253768           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 [redacted] ([redacted]) business days prior to consummation. The appraisal acknowledgement was not found in the file.       Reviewer Comment (2022-01-20): Received, Clearing.
 01/20/2022 1 B A B A B A B A B A NJ Primary Purchase   C B C A C B A A Non QM Non QM No
238869253768           Compliance Compliance Federal Compliance Federal HPML (Fed HPML Provision) Federal Higher-Priced Mortgage Loan (Timing of Appraisal to Consumer) TILA HPML Appraisal Rule (Dodd-Frank 2014): Creditor did not provide a copy of each valuation to applicant [redacted] ([redacted]) business days prior to consummation. The appraisal acknowledgement was not found in the file.       Reviewer Comment (2022-01-20): Received, Clearing.


Seller Comment (2022-01-20): Exception approved
 01/20/2022 1 C A C A C A C A C A NJ Primary Purchase   C B C A C B A A Non QM Non QM No
238869253768           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 $[redacted] .  Insufficient or no cure was provided to the borrower. The lender provided a $[redacted] credit that covers the addition of the Buyer Attorney Review Fee on the final CD.       Reviewer Comment (2021-12-10): Cured on CD
 12/10/2021 2 C B C B C B C B C 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
941089491187           Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided     The representative FICO score exceeds the guideline minimum by at least [redacted] points.

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

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

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

Borrower has verified disposable income of at least [Redacted].

Borrower has been employed in the same industry for more than [redacted] years.		 Lender exception provided SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC,Originator Pre-Close,Originator,Aggregator		 Reviewer Comment (2022-02-07): Exception denied by the client.


Reviewer Comment (2022-01-10): Received


Reviewer Comment (2022-01-10): lender exception


Buyer Comment (2022-01-10): rebuttal uploaded to [Redacted]
 2 C B C B C B C B C B CT Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
941089491187           Credit Loan Package Documentation Application / Processing Loan Package Documentation 1003 Error: Citizenship Source Documentation  was not provided - File missing documentation for Non-Permanent Resident Alien. The representative FICO score exceeds the guideline minimum by at least [redacted] points.

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

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

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

Borrower has verified disposable income of at least [Redacted].

Borrower has been employed in the same industry for more than [redacted] years.		 Lender exception provided SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC,Originator Pre-Close,Originator,Aggregator		 Reviewer Comment (2022-01-10): lender exception


Seller Comment (2022-01-10): ITIN from IRS w/ exception to use
 01/10/2022 2 B B B B B B B B B B CT Primary Refinance - Rate/Term   C B C B A A A A Non QM Non QM No
280442958703           Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided           Reviewer Comment (2022-02-22): Received, Clearing.


Seller Comment (2022-02-21): Disagree - ITIN attached along with exception from [redacted]
 02/22/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Non QM Higher Priced QM (APOR) No
280442958703           Credit Insurance Insurance Analysis Insurance The Hazard Insurance Policy effective date is after the Transaction Date.   Hazard insurance effective date is after the note date.       Reviewer Comment (2022-01-31): Received, Clearing.


Seller Comment (2022-01-31): Disagree - Effective Date is [redacted] [redacted], per LQB funding date [redacted]
 01/31/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Non QM Higher Priced QM (APOR) No
280442958703           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. There is no Valid change in circumstance for this fee change.       Reviewer Comment (2022-02-09): Received, Clearing.


Seller Comment (2022-02-09): Disagree - uploaded coc cd and le showing no cure needed
 02/09/2022 1 C A C A C A C A C 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 Higher Priced QM (APOR) Yes
280442958703           Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit Guideline Requirement: Minimum Loan Amount discrepancy.           Reviewer Comment (2022-02-15): Received, Clearing.


Seller Comment (2022-02-15): Minimum loan amount is $[redacted] per guideline. Please see attached.


Reviewer Comment (2022-01-31): The provided exception doesn't say anything about min loan amount.


Seller Comment (2022-01-31): Disagree - previous exception covers this as well as matrix to [redacted]
 02/15/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Non QM Higher Priced QM (APOR) No
280442958703           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted]business days of the Note. -         Reviewer Comment (2022-02-17): Received, Clearing.


Seller Comment (2022-02-17): Attached VOE for [redacted]
 02/17/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Non QM Higher Priced QM (APOR) No
280442958703           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted]business days of the Note. -         Reviewer Comment (2022-02-17): Received, Clearing.


Seller Comment (2022-02-17): Attached VOE for [redacted].
 02/17/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Non QM Higher Priced QM (APOR) No
280442958703           Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of Higher Priced QM (APOR). Restated to QM(APOR)         2 A B B B A CA Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Non QM Higher Priced QM (APOR) No
576876031833           Credit Hazard Insurance Document Error Hazard Insurance Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements.   Insurance policy provided - loss payee was blank       Reviewer Comment (2022-03-02): Hazard policy with updated mortgagee clause received


Seller Comment (2022-03-02): Attached HOI with correct mortgagee clause. Please clear finding as the mortgagee clause is correct on the Declaration page.
 03/02/2022 1 C A C A C A C A C A CA Primary Refinance - Cash-out - Other   C B C A A B A A Non QM Higher Priced QM (APOR) No
576876031833           Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Higher Priced QM (APOR) matches the Due Diligence Loan Designation of Higher Priced QM (APOR). Restated to QM (APOR)         2 A B B B A CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C A A B A A Non QM Higher Priced QM (APOR) No
862018220171           Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: ___ The file was missing a copy of the final title policy.       Reviewer Comment (2022-07-08): Accepted as is
 1 A A A A A A A A A A FL Investment Purchase   C A C A A A   N/A No
862018220171           Credit Insurance Insurance Documentation Insurance Rent loss insurance is required on all properties and there is no evidence of this insurance in the file.   [redacted]months rent loss insurance is required and not provided due to the the guidelines requiring leases on rented units; however, there were [Redacted] rented units and only [redacted] leases provided.       Reviewer Comment (2022-02-22): Received, Clearing.


Seller Comment (2022-02-22): Disagree - rental leases on all properties uploaded
 02/22/2022 1 C A C A C A C A C A FL Investment Purchase   C A C A A A   N/A No
862018220171           Credit Loan Package Documentation Closing / Title Loan Package Documentation (Missing Doc) Missing Note Addendum: Note P&I does not match calculated P&I   Note appears to be interest only and the I/O addendum is missing       Reviewer Comment (2022-11-03): Received the corrected note, clearing exception.


Reviewer Comment (2022-11-03): Opening to clear.


Reviewer Comment (2022-07-08): Unable to resolve


Reviewer Comment (2022-05-02): Then you have a note issue as monthly payment listed in the note doesn't add up to what is should be without I/O.


Seller Comment (2022-05-02): Disagree - loan is not an interest only loan, uploaded 1008
 11/03/2022 1 A A A A A FL Investment Purchase   C A C A A A   N/A No
566831941249           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: [redacted]           Reviewer Comment (2022-02-16): Received, Clearing.


Seller Comment (2022-02-16): Review: SSR score was [redacted] for FNMA and a[redacted] for FHLMC- no second AVM required


Reviewer Comment (2022-02-16): We have nothing in the file the represents a collateral score. Please provide if you have it.


Seller Comment (2022-02-16): Per guidelines no secondary valuation needed as score is below [Redacted].


Reviewer Comment (2022-02-14): Not sure what [redacted] has to do with a secondary value. Please advise.


Seller Comment (2022-02-12): Disagree - attached [redacted] run that was completed in the file
 02/16/2022 1 D A D A D A D A D A MI Primary Purchase   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
566831941249           Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - The file was missing required asset verification.  Per guidelines, assets to be used for down payment, closing costs, debt payoff, and reserves must be seasoned for [Redacted] days or sourced.  Gap in history and missing statement dated from [Redacted] - [Redacted]       Reviewer Comment (2022-02-07): Received, Clearing.


Seller Comment (2022-02-07): Exception disapproved.  [redacted] requires only [Redacted] bank statements.
 02/07/2022 1 C A C A C A C A C A MI Primary Purchase   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
566831941249           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. Disclosure provided [Redacted] was not provided [redacted] days prior to consummation.         2 B B B B B B B B B B MI Primary Purchase   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
566831941249           Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: AUS not provided   Guidelines require AUS findings.       Reviewer Comment (2022-02-24): Received, Clearing.


Seller Comment (2022-02-24): Please see attached AUS run that was completed on the file. Please note this was ran [redacted] rather than [redacted].
 02/24/2022 1 C A C A C A C A C A MI Primary Purchase   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
566831941249           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Other Includes Insurance Costs TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [Redacted] disclosed whether Homeowners insurance is included in escrow in incorrect section.  Creditor disclosed insurance to consumer in "Other" section where regulation requires disclosure under "Homeowner's Insurance" section of Projected Payments table.  Disclosure requirement met, non-material exception for incorrect format/placement. It is indicated as flood insurance only was escrowed.         2 B B B B B B B B B B MI Primary Purchase Good Faith Redisclosure D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
566831941249           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Have Escrow Account TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redacted] incorrectly disclosed whether the loan will have an escrow account. Final CD issue date [Redacted] page 4 was not properly completed to include the escrow cost vs non escrowed cost.       Reviewer Comment (2022-03-15): [Redacted] received a corrected CD and LOE.


Seller Comment (2022-03-11): Disagree - PCCD and LOX uploaded


Reviewer Comment (2022-02-14): CD dated [Redacted] P2 indicates initial escrow payment of [Redacted], matching Initial escrow account disclosure.  P4 of CD doesn't indicate initial escrow payment.  Corrected CD required.


Seller Comment (2022-02-14): Review: Please see attached PCCD dated [Redacted] - On p4
• Monthly Flood insurance is [Redacted], and for one year cost , it is [Redacted] (Flood ins is in escrow )
• For non-escrow cost, including HOI [Redacted] + property tax [Redacted] + HOA [Redacted]
 03/15/2022 2 C B C B C B C B C B MI Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
566831941249           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Will Not Have Escrow Account TILA-RESPA Integrated Disclosure - Loan Disclosures: Final Closing Disclosure provided on [Redacted] incorrectly disclosed whether the loan will have an escrow account. Final CD issue date[Redacted] page 4 was not properly completed to include the escrow cost vs non escrowed cost.       Reviewer Comment (2022-03-15): [Redacted] received a corrected CD and LOE.


Seller Comment (2022-03-11): Disagree - PCCD and LOX uploaded


Reviewer Comment (2022-02-14): CD dated [Redacted] P2 indicates initial escrow payment of [Redacted], matching Initial escrow account disclosure.  P4 of CD doesn't indicate initial escrow payment.  Corrected CD removing discrepancy required.


Seller Comment (2022-02-14): Review: Please see attached PCCD dated [Redacted] - On p4 • Monthly Flood insurance is [Redacted], and for one year cost , it is [Redacted] (Flood ins is in escrow ) • For non-escrow cost, including HOI [Redacted] + property tax [Redacted] + HOA [Redacted]
 03/15/2022 2 C B C B C B C B C B MI Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
356381476273           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year [redacted] TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year [redacted] of [redacted] on Final Closing Disclosure provided on [redacted]  not accurate. The fees do not match the Non Escrowed Property Costs Year [redacted] the amount reflected of  $[redacted] per year did not reflect the annual flood insurance of $[redacted] .       Reviewer Comment (2022-02-24): [redacted] received PCCD and LOE; exception is cured.


Reviewer Comment (2022-02-24): Per conversations with outside counsel, exceptions related to non-escrowed property costs on page 4 of the CD may be regraded to an EV2


Seller Comment (2022-02-22): Agree - underwriter combined the hazard insurance and flood insurance. uploaded corrected final 1003, the post consummation CD, the letter of explanation to the borrower, corrected first payment letter, and initial escrow account disclosure.
 02/24/2022 2 C B C B C B C B C B FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
732420964096           Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.           Reviewer Comment (2022-02-16): Received, Clearing.


Seller Comment (2022-02-16): Exception approved.
 02/16/2022 1 C A C A C A C A C A CO Primary Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
732420964096           Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Bankruptcy Documents not provided           Reviewer Comment (2022-02-17): Received, Clearing.


Seller Comment (2022-02-17): Exception approved.
 02/17/2022 1 C A C A C A C A C A CO Primary Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
732420964096           Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2022-02-22): Received, Clearing.


Seller Comment (2022-02-22): Disagree - [redacted] months assets that is required for reserves is meet since we have [redacted] months reserves


Reviewer Comment (2022-02-16): Not sure what guidelines and 1008 are to show. Please advise what your trying to show here.


Seller Comment (2022-02-16): Exception approved.
 02/22/2022 1 C A C A C A C A C A CO Primary Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
732420964096           Compliance Compliance State Compliance Misc. State Level Colorado Home Loan (Ability to Repay not Verified) [redacted] Home Loan ([redacted] ):  Borrower's ability to repay not verified with reliable documentation.           2 B B B B B B B B B B CO Primary Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
706912749590           Credit Income Income Error Income The # of Bank Statements Required is less than total of  Statement Period Months. -         Reviewer Comment (2022-02-23): Received, Clearing.


Seller Comment (2022-02-23): Please see attached statements to clear finding.
 02/23/2022 1 C A C A C A C A C A TX Primary Refinance - Cash-out - Other   D B C A D B A A Non QM Non QM No
706912749590           Compliance Compliance State Compliance Misc. State Level (TX50(a)(6)) and/or (TX50(t))  No Title in the loan file or Title indicates other lien(s) exist [redacted] Constitution Section 50(a)(6) and/or 50(t): Title indicates there are other lien(s) that are not included in CLTV calculation. Unable to conclusively determine compliance with [redacted] % CLTV limitation.           2 B B B B B B B B B B TX Primary Refinance - Cash-out - Other Confirm whether additional lien exists on the subject property is a Texas 50(a)(6) or 50(a)(7) prior to Remediating. If the other lien is a 50(a)(6), notify the consumer the accrual of interest and other obligations will be abated so long as the prior 50(a)(6) or (7) is secured by the homestead.  If the other lien is not a 50(a)(6), confirm the total CLTV does not exceed 80%, If the CLTV exceeds 80%, send the borrower a written acknowledgement that the lien is valid only in the amount that the extension of credit does not exceed the CLTV of 80%. D B C A D B A A Non QM Non QM No
706912749590           Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Date of first payment does not begin within two (2) months from the date extension of credit was made or loan is not scheduled to be paid in equal monthly installments) [redacted] Constitution Section 50(a)(6): Date of first payment does not begin within [redacted] ([redacted]) months from the date extension of credit was made or loan is not scheduled to be paid in equal monthly installments.         Reviewer Comment (2022-03-30): Cured.


Seller Comment (2022-03-30): Agree - uploaded PCCD, LOX, check and shipping label


Reviewer Comment (2022-03-10): Texas Constitution Section [redacted] is measured from  the date of extension of credit was made which was at signing which was on [redacted]. Exception will remain.


Buyer Comment (2022-03-10): Disagree - This was a [redacted][redacted], loan funded on [redacted], we collected per diem interest from [redacted]- [redacted] on the CD at closing, making first payment date [redacted], this is within the [redacted]months of Funding


Reviewer Comment (2022-02-22): Texas Constitution Section [redacted]: Date of first payment does not begin within two (2) months from the date extension of credit was made or loan is not scheduled to be paid in equal monthly installments. The extension of credit was on [redacted] when the loan documents were signed.


Buyer Comment (2022-02-22): Loan Disbursed (primary refi) on[redacted] redacted]. 1st pay is set for [redacted] - within two months
 03/30/2022 2 C B C B C B C B C B TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. D B C A D B A A Non QM Non QM Yes
706912749590           Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Points and Fees Exceeds 2% of Original Principal Balance) [redacted] Constitution Section 50(a)(6): Points and fees on subject loan of [redacted] is in excess of the allowable maximum of [redacted] % of the Original Principal Loan Amount. Points and Fees total [redacted] on an Original Principal Loan Amount of[redacted] vs. an allowable total of [redacted] (an overage of [redacted] or [redacted] %.)         Reviewer Comment (2022-03-14): Lender provided copy of [redacted] refund check, PCCD showing refunded amount, LOE to borrower, and proof of delivery.


Reviewer Comment (2022-03-14): Lender provided copy of [redacted] refund check, LOE to borrower, and proof of delivery.


Seller Comment (2022-03-10): Agree - PCCD, LOX, check and shipping label uploaded
 03/14/2022 2 C B C B C B C B C B TX Primary Refinance - Cash-out - Other Refund the borrower, or credit their account, an amount equal to any overcharge paid by the borrower. (Provide Proof of Delivery, LOE, and Copy of Check. [A servicing screen print can be provided in place of a check when a credit is applied to the borrowers account.]) D B C A D B A A Non QM Non QM Yes
706912749590           Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. -         Reviewer Comment (2022-02-14): Received, Clearing.


Seller Comment (2022-02-14): Disagree - uploaded VVOE for the business that was in the file
 02/14/2022 1 C A C A C A C A C A TX Primary Refinance - Cash-out - Other   D B C A D B A A Non QM Non QM No
706912749590           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]. Fee change without a valid change of circumstance.       Reviewer Comment (2022-02-17): credit provided


Seller Comment (2022-02-17): Disagree - [redacted] COC CD signed @ [redacted] PM was issued to reflect removing discount points and Underwriting Fee, then replacing as Originator Compensation which was previously disclosed as Lender Credit in the amount of[redacted] to be paid by borrower; to offset the full amount, a true lender credit of [redacted]was added in Section J
 02/17/2022 1 C A C A C A C A C A TX Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B C A D B A A Non QM Non QM Yes
706912749590           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 Originator Compensation.  Fee Amount of [redacted] exceeds tolerance of [redacted]  Insufficient or no cure was provided to the borrower. Loan Originator Compensation Fee was not disclosed on Loan Estimate.  File does not contain a valid COC for this fee, nor evidence of cure.  Provide a post-close CD disclosing the tolerance cure to include [redacted], a copy of refund check, proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2022-02-17): Received, Clearing.


Seller Comment (2022-02-17): : Disagree - Loan Originator Compensation Fee of[redacted] flipped from lender paid to borrower paid in COC & CD dated [redacted], From the Initial LE dated [redacted]. Provided COC on same day for the fee added. Refer issued CD and COC dated [redacted].
 02/17/2022 1 C A C A C A C A C A TX Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D B C A D B A A Non QM Non QM Yes
706912749590           Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) [redacted] Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.         Reviewer Comment (2022-02-22): Received, Clearing.


Seller Comment (2022-02-21): Disagree - fair market value signed uploaded
 02/22/2022 1 C A C A C A C A D A TX Primary Refinance - Cash-out - Other To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), and obtain an executed copy; OR (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. D B C A D B A A Non QM Non QM Yes
497267738773           Credit Title Document Error Title There is no dollar amount noted on the title policy.   Lender to provide final title policy with a policy amount of [Redacted]       Reviewer Comment (2022-03-16): Loan amount on prelim report
 03/16/2022 1 B A B A B A B A B A CA Primary Purchase   C A B A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
497267738773           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.) The file is missing a copy of the Seller's CD or signed closing statement.  The buyer's CD does not list any seller fees.       Reviewer Comment (2022-02-17): Received, Clearing.


Seller Comment (2022-02-17): Disagree - Seller Paid Settlement Statement uploaded
 02/17/2022 1 C A C A C A C A C A CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A B A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
391827102759           Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided   Lender to provide a legible front and back copy of the borrower(s) valid [redacted] RegistrationReceipt Card I-[redacted] .       Reviewer Comment (2022-03-01): Received, Clearing.


Seller Comment (2022-03-01): ID and ITIN paperwork in file meets guidelines.  See attached.
 03/01/2022 1 C A C A C A C A C A CA Primary Purchase   D A D A C A A A Non QM Non QM No
391827102759           Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided           Reviewer Comment (2022-03-01): provided


Seller Comment (2022-03-01): The signed purchase agreements and addendums are also in file.  See attached.
 03/01/2022 1 D A D A D A D A D A CA Primary Purchase   D A D A C A A A Non QM Non QM No
391827102759           Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (Notice to Assignee) Truth in Lending Act (HOEPA): Required Statement was not provided to purchaser or assignee for loan that was sold or assigned. (Note: This notice only applies when selling or assigning a HOEPA loan and may not be found in the file for loans that have not been previously sold)         Reviewer Comment (2022-03-11): Received, Clearing.


Buyer Comment (2022-03-11): undiscounted rate/price provided to exception id [redacted]
 03/11/2022 1 C A C A C A C A C A CA Primary Purchase   D A D A C A A A Non QM Non QM No
391827102759           Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Disclosure) Federal High-Cost Mortgage Loan (HOEPA Disclosure Not Provided) Truth in Lending Act (HOEPA):  HOEPA disclosure was not provided to the Borrower         Reviewer Comment (2022-03-11): Received, Clearing.


Buyer Comment (2022-03-11): undiscounted rate/price provided to exception id [redacted]
 03/11/2022 1 C A C A C A C A C A CA Primary Purchase   D A D A C A A A Non QM Non QM No
391827102759           Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (Late Charge) Truth in Lending Act (HOEPA): Mortgage loan contains a late charge that exceeds the greater of [redacted]% of the amount past due or grace period of less than [redacted] days.         Reviewer Comment (2022-03-11): Received, Clearing.


Buyer Comment (2022-03-11): undiscounted rate/price provided to exception id [redacted]
 03/11/2022 1 C A C A C A C A C A CA Primary Purchase   D A D A C A A A Non QM Non QM No
391827102759           Compliance Compliance Federal Compliance Federal Defect (Fed High Cost) Federal High-Cost Mortgage Loan (Points and Fees) Truth in Lending Act (High-Cost Mortgage): Points and Fees on subject loan of [redacted] % is in excess of the allowable maximum of  [redacted] % of the Federal Total Loan Amount. Points and Fees of $[redacted] on a Federal Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted] %).  Non-Compliant High Cost Loan.         Reviewer Comment (2022-03-11): Received, Clearing.


Buyer Comment (2022-03-11): undiscounted rate/ price = [redacted]/[redacted]. 1 point can be excluded from testing as bona fide
 03/11/2022 1 C A C A C A C A C A CA Primary Purchase (1) Signed letter from borrower indicating their choice to either (a) accept refund and make loan non-high-cost or (b) keep loan as high-cost and make loan compliant; (2) Assuming option (a) is selected, a copy of refund check and proof of mailing; (3) Assuming option (b) is selected, proof of cure for each of the prohibited practices violations noted. D A D A C A A A Non QM Non QM Yes
391827102759           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 increased from $[redacted] to $[redacted] without a valid change of circumstance.       Reviewer Comment (2022-02-14): Sufficient Cure Provided At Closing
 02/14/2022 1 A A A A A A A A A A CA Primary Purchase Final CD evidences Cure D A D A C A A A Non QM Non QM Yes
391827102759           Credit 1003 Document Error 1003 Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. - Unable to verify Guideline requirements due to missing documentation regarding borrower's [redacted] residency status.       Reviewer Comment (2022-03-07): Evidence of ITIN and government issued ID is sufficient documentation


Seller Comment (2022-03-07): Rebuttal - guidelines for ITIN borrower that shows only DL and ITIN paperwork required


Reviewer Comment (2022-03-01): Driver's license insufficient documentation of citizenship or residency.  Lender exception to guideline requirements required.


Seller Comment (2022-03-01): ID and ITIN paperwork in file meets guidelines.  See attached.
 03/07/2022 1 C A C A C A C A C A CA Primary Purchase   D A D A C A A A Non QM Non QM No
391827102759           Compliance Legal / Regulatory / Compliance Anti-Predatory Violation Federal Defect (Fed High Cost Provision) Federal High-Cost Mortgage Loan (2015 Counseling Requirement) Truth in Lending Act (HOEPA):  Pre-loan counseling requirements not met.         Reviewer Comment (2022-03-11): Received, Clearing.


Buyer Comment (2022-03-11): undiscounted rate/price provided to exception id [redacted]
 03/11/2022 1 C A C A C A C A C A CA Primary Purchase   D A D A C A A A Non QM Non QM No
924130419896           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 [redacted] ([redacted]) 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 (2022-02-25): [redacted] received document which states it was Mailed to the borrower.


Seller Comment (2022-02-24): Disagree - DocMagic automatically mailed initial disclosure package [redacted] as indicated in entry line 'Esign Event Expired' in the attached details in order to remain compliant within timing requirements
 02/25/2022 1 C A C A C A C A C A NY Primary Purchase   C B C A C B B B Non QM Non QM No
924130419896           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted]business days of the Note. - Verification of employment was completed more than [redacted] days prior to the note date.       Reviewer Comment (2022-02-23): Received, Clearing.


Seller Comment (2022-02-23): Attached paystub dated [redacted] for your review.
 02/23/2022 1 C A C A C A C A C A NY Primary Purchase   C B C A C B B B Non QM Non QM No
924130419896           Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender - The appraisal was not in the name of the lender. HPML/Safe Harbor requires correct lender to be identified.  Provide a revised appraisal correcting the client.         2 B B B B B B B B B B NY Primary Purchase   C B C A C B B B Non QM Non QM No
924130419896           Compliance Compliance Federal Compliance Federal HPML TIL Higher Priced Mortgage Loan Safe Harbor Test TILA HPML appraisal Rule ([redacted] ): Safe Harbor requirements not satisfied.           2 B B B B B B B B B B NY Primary Purchase   C B C A C B B B Non QM Non QM No
406343650038           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 [redacted] ([redacted]) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.         2 B B B B B B B B B B FL Primary Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
406343650038           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 [redacted] ([redacted]) business days prior to consummation. Verification appraisal was delivered to borrower was not provided.         2 B B B B B B B B B B FL Primary Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
423501612414           Credit Title Document Error Title There is no dollar amount noted on the title policy.   The preliminary title policy did not show the title policy amount.       Reviewer Comment (2022-03-16): Supplemental title received with sufficient dollar amount
 03/16/2022 1 B A B A B A B A B A CA Primary Refinance - Rate/Term   B A B A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
816693792704           Credit Title Document Error Title There is no dollar amount noted on the title policy.   Lender to provide a copy of the final title policy with a policy amount of $[redacted] .       Reviewer Comment (2022-03-16): Title supplement in file with loan amount
 03/16/2022 1 B A B A B A B A B A CA Primary Purchase   B A B A A A A A Non QM Non QM No
627644567490           Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided   The file was missing a verification of non US citizen status       Reviewer Comment (2022-03-07): Received, Clearing.


Seller Comment (2022-03-07): AB Disagree - not a valid finding - . File is a Non-Agency Alternative Income program. Guidelines state ITIN number is acceptable with ID verification . At the time of closing the borrowers document was valid. uploaded ITIN document, Borrowers ID, guidelines confirming use, and evidence from IRS when document expires.
 03/07/2022 1 C A C A C A C A C A CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
627644567490           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - The file was missing a CPA letter for borrower       Reviewer Comment (2022-03-07): Received, Clearing.


Seller Comment (2022-03-07): Disagree - not a valid finding - File is a Non-Agency Alternative program. Program allows borrower to use business banks statements for qualifying income. Borrower provided bank statement  for [redacted]months along with business license to confirm ownership of business.
 03/07/2022 1 C A C A C A C A C A CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
627644567490           Credit 1003 Document Error 1003 Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. - The file was missing a [redacted] card or other       Reviewer Comment (2022-03-07): Received, Clearing.


Seller Comment (2022-03-07): Disagree - not a valid finding - . File is a Non-Agency Alternative Income program. Guidelines state ITIN number is acceptable with ID verification . At the time of closing the borrowers document was valid. uploaded ITIN document, Borrowers ID, guidelines confirming use, and evidence from IRS when document expires.
 03/07/2022 1 C A C A C A C A C A CA Primary Refinance - Rate/Term   C A C A A A A A Non QM Non QM No
871521289867           Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.           Reviewer Comment (2022-03-11): Received, Clearing.


Seller Comment (2022-03-11): Loan was closed with UW requesting [redacted] months reserves. Per Guideline we need [redacted] months.

PITIA : [redacted]*2= [redacted] + (CC) [redacted]= [redacted] Verified Assets [redacted]

[redacted]-[redacted]= [redacted](Extra)
 03/11/2022 1 C A C A C A C A C A MD Primary Refinance - Rate/Term   C A C A C A A A Non QM Non QM No
871521289867           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. The lender provided a $[redacted] lender credit that covers the appraisal fee increase.       Reviewer Comment (2022-03-15): [redacted]  Upon further review, sufficient cure was already provided at closing.


Seller Comment (2022-03-14): Disagree - a Cure of [redacted] was issued on both ICD and Final CD Section J. See attached CDs.


Reviewer Comment (2022-03-09): [redacted] agree with the associate comment. this exception will be cleared once we received any resolution for other opened 0% tolerance exception(Originator Compensation).


Seller Comment (2022-03-07): Disagree - a Cure of [redacted] was issued on both ICD and Final CD Section J, uploaded CDs
 03/15/2022 1 C A C A C A C A C A MD 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
871521289867           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 Originator Compensation.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. The loan originator compensation went from lender paid YSP to borrower paid on the final CD and a change in circumstance or lender credit was not provided.       Reviewer Comment (2022-03-16): [redacted] has received valid changed circumstance and explanation for fee increase.


Seller Comment (2022-03-15): Doc Magic Test attached showing there was a High Cost Fail. The change in comp from LPC to BPC was a result of the loan continually being tagged High Cost. It's a borrower requested change in order to close the loan. Revising the fees on the final CD meets timing compliance as the revision did not trigger an additional 3 day waiting period.


Reviewer Comment (2022-03-15): [redacted]  Received a COC dated [redacted] showing Rate lock on LE dated [redacted]. Secondly it does not give a valid reason for change. Please provide a valid COC stating the valid reason for the change in compensation plan or provide cure documents.


Seller Comment (2022-03-14): Disagree - [redacted] COC CD was issued for Discount Points removed and changed Originator Compensation to Borrower Paid, then added a Lender Credit (section J) in the amount of [redacted] to offset the overage in Section A. See attached COC CD and DM.


Reviewer Comment (2022-03-09): [redacted] noticed the change occurred on final CD but we do not have any valid COC for the change. Kindly provide valid COC with reason for change in compensation plan to re-baseline the fee.


Seller Comment (2022-03-07): Disagree - [redacted] ICD was issued with Discount Points of [redacted] and Lender paid Originator Compensation of [redacted]. On the Final CD, Discount Points removed and changed Originator Compensation to Borrower Paid, then added a Lender Credit (section J) in the amount of [redacted] to offset the overage in Section A.
 03/16/2022 1 C A C A C A C A C A MD 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
871521289867           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 (2022-03-16): Sufficient Cure Provided At Closing
 03/16/2022 1 A A A A A MD Primary Refinance - Rate/Term Final CD evidences Cure C A C A C A A A Non QM Non QM Yes
415275919087           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's CD shows [Redacted] in seller paid closing costs, borrower's final CD shows [Redacted].  Provide a post-close CD correcting the seller paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.       Reviewer Comment (2022-04-04): BonaFide Point Breakdown Provided
 04/04/2022 1 A A A A A A A A A A NY Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
415275919087           Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: [Redacted] 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 fees increased without a valid change of circumstance.       Reviewer Comment (2022-03-24): [Redacted]  Received CD and COC dated [Redacted] showing lock extension. No additional cure needed.


Seller Comment (2022-03-23): Disagree - uploaded CD dated  [Redacted]  with COC for Lock Extension, Originator Compensation & CD dated  [Redacted] with COC for Lock Extension Discount Points.


Reviewer Comment (2022-03-18): [Redacted] upon further review there are no CDs provided in the file which is dated  [Redacted]. Please provide the missing CDs dated  [Redacted] and also please provide updated COC which shows property address or loan number of the file.


Seller Comment (2022-03-16): Disagree - there are 2 CD's with COC's attached dated  [Redacted] in the file - the first one shows lock extension with Originator Compensation fee increase, the 2nd one shows lock extension with Loan Discount Point increase to  [Redacted]  This fee remained the same through Final CD dated  [Redacted].  There is no cure due on this loan; Lock was extended per COC dated  [Redacted] &  [Redacted], which changed the loan discount points.  The fee remained the same through Final CD after lock extension per COC on [Redacted].  No cure is due


Reviewer Comment (2022-03-11): [Redacted] received Changed Circumstance dated [Redacted].  The loan discount point fee increased on CD issued [Redacted], which is 4 days from the change date.  In order to re-baseline fees, a revised CD needed to be issued within 3 business days of the change occurring.  Provide a corrected CD, copy of the refund check, proof of mailing , and a copy of the letter of explanation sent to the borrower disclosing the changes made.


Seller Comment (2022-03-09): Disagree - Lock was extended per COC dated [Redacted] & [Redacted], which changed the loan discount points.  The fee remained the same through Final CD after lock extension per COC on [Redacted].  No cure is due.
 03/24/2022 1 C A C A C A C A C A NY 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 Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
415275919087           Compliance Compliance Federal Compliance TRID Defect TRID Zero Percent Tolerance Violation Without Sufficient Cure Provided TILA-RESPA Integrated Disclosure: [Redacted] Percent Fee Tolerance exceeded for Survey Fee.  Fee Amount of [Redacted] exceeds tolerance of [Redacted].  Insufficient or no cure was provided to the borrower. Survey fee increased from [Redacted] to [Redacted] without a valid change of circumstance.       Reviewer Comment (2022-03-23): [Redacted] received attestaion Letter.


Seller Comment (2022-03-22): Disagree - uploaded Attestation Letter, along with Title Commitment Schedule A & B
 03/23/2022 1 C A C A C A C A C A NY 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 Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
415275919087           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage ([redacted] ): Points and Fees on subject loan of [Redacted] is in excess of the allowable maximum of [Redacted] 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 [Redacted] or [Redacted]).         Reviewer Comment (2022-04-04): BonaFide Point Breakdown Provided
 04/04/2022 1 C A C A C A C A C A NY Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
415275919087           Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - [redacted] Ability to Repay ([redacted] ): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. Missing Third party verification.       Reviewer Comment (2022-03-08): Received, Clearing.


Seller Comment (2022-03-08): The document attached is to cure the finding below. The AUS/guides do not require a WVOE the income for [Redacted] was properly verified with paystubs and W2's. The file also contains a VVOE prior to closing.
 03/08/2022 1 C A C A C A C A C A NY Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
415275919087           Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay [redacted] ): General Ability-to-Repay requirements not satisfied. Missing Third party verification.       Reviewer Comment (2022-03-08): Received, Clearing.
 03/08/2022 1 A A A A A A A A A A NY Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
415275919087           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - [redacted] Qualified Mortgage ([redacted] ): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Loan Designation is Safe Harbor QM (APOR       Reviewer Comment (2022-04-04): BonaFide Point Breakdown Provided
 04/04/2022 1 B A C A B A C A B A NY Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
415275919087           Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. -         Reviewer Comment (2022-03-03): provided


Seller Comment (2022-03-03): Attached VVOE for [redacted] to clear finding.
 03/03/2022 1 C A C A C A C A C A NY Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
415275919087           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted] business days of the Note. -         Reviewer Comment (2022-03-22): Received, Clearing.


Buyer Comment (2022-03-22): The attachment to the previous condition is dated as  [Redacted] but the notes from the processor state the VVOE was completed on [Redacted]the morning of closing. The original form was corrupted and the processors don't have write access to the form to change dates that auto generate


Reviewer Comment (2022-03-14): Still not dated dated within [redacted]days of consummation.


Seller Comment (2022-03-14): Updated VVOE has been attached.


Reviewer Comment (2022-03-03): Still not dated dated within 10 days of consummation.


Seller Comment (2022-03-03): The Corrected VVOE has been attached.


Reviewer Comment (2022-03-03): dated post closing, not within 10 days of consummation.


Seller Comment (2022-03-03): Attached VVOE for [redacted]to clear finding.
 03/22/2022 1 C A C A C A C A C A NY Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
754793703822           Credit Insurance Insurance Analysis Insurance Hazard Insurance Policy expires within [redacted] days of the Note Date. Hazard Insurance Policy Expiration Date ___, Note Date ___ The guidelines require the hazard insurance to be active for [redacted] days post the closing date, the insurance policy provided expires on [redacted]  and the note date is [redacted] .         2 B B B B B B B B B B NJ Primary Refinance - Rate/Term   C B B B C A A A Non QM Non QM No
754793703822           Compliance Compliance State Compliance State Defect (State High Cost Provision) New Jersey High-Cost Loan (Counseling Requirement) [redacted] High-Cost Loan: Proof of counseling from HUD-approved nonprofit credit counselor not obtained. Proof of counseling from HUD-approved nonprofit credit counselor not obtained.       Reviewer Comment (2022-04-12): Received, Note Rate 30 Day
[Redacted] [Redacted]
[Redacted] [Redacted]
From seller for UD Rate and price. Both ways resolve issues. Clearing exception.
 04/12/2022 1 C A C A C A C A C A NJ Primary Refinance - Rate/Term Within 45 days of closing, provide: (1) Letter of Explanation; (2) refund of amount over the high-cost threshold maximum; and (3) proof of delivery.

(Narrow Defense - CHD Approval Required)  Within 365 days of closing, and prior to lender receiving any notice from borrower of the compliance failure, provide:  (1) Lender Attestation to AMC attesting (i) the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made and (ii) the lender has not received any notice from borrower of the failure; (2) refund of amount over the high-cost threshold maximum; and (3) proof of delivery.		 C B B B C A A A Non QM Non QM No
754793703822           Compliance Compliance State Compliance State Defect (State High Cost Provision) New Jersey High-Cost Loan (Financed Fees Exceeds Threshold) [redacted] High-Cost Loan: Lender financed points and fees in excess of [redacted] % of the total loan amount. Lender financed points and fees in excess of [redacted] of the total loan amount.       Reviewer Comment (2022-04-12): Received, Note Rate 30 Day
[Redacted] [Redacted]
[Redacted] [Redacted]
From seller for UD Rate and price. Both ways resolve issues. Clearing exception.
 04/12/2022 1 C A C A C A C A C A NJ Primary Refinance - Rate/Term Within 45 days of closing, provide: (1) Letter of Explanation; (2) refund of amount over the high-cost threshold maximum; and (3) proof of delivery.

(Narrow Defense - CHD Approval Required)  Within 365 days of closing, and prior to lender receiving any notice from borrower of the compliance failure, provide:  (1) Lender Attestation to AMC attesting (i) the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made and (ii) the lender has not received any notice from borrower of the failure; (2) refund of amount over the high-cost threshold maximum; and (3) proof of delivery.		 C B B B C A A A Non QM Non QM No
754793703822           Compliance Compliance State Compliance State Defect (State High Cost) New Jersey High-Cost Loan (Points and Fees) [redacted] Home Ownership Security Act: Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of  [redacted]% of the Total Loan Amount. Points and Fees total $[redacted] on a Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] or .[redacted]%).  Non-Compliant High Cost Loan. Verified Points and Fees on subject loan of [redacted] % is in excess of the allowable maximum of [redacted] % of the Total Loan Amount. Points and Fees total $[redacted] on a Total Loan Amount of $[redacted] vs. an allowable total of $[redacted] (an overage of $[redacted] .       Reviewer Comment (2022-04-12): Received, Note Rate 30 Day
[Redacted] [Redacted]
[Redacted] [Redacted]
From seller for UD Rate and price. Both ways resolve issues. Clearing exception.


Buyer Comment (2022-04-12): Took a second look at this file when these conditions reopened. Undiscounted rate should be [Redacted] (price of [redacted]). All of the discount the borrower paid would be the cost from undiscounted to locked rate. Doesn't change the ability to exclude [Redacted] in discount


Buyer Comment (2022-03-31): Undiscounted rate of [Redacted] meets [redacted]definition of bona fide, permits up to [Redacted] discount to be excluded. [redacted]test passes with discount of [Redacted] excluded.
 04/12/2022 1 C A C A C A C A C A NJ Primary Refinance - Rate/Term Within 45 days of closing, provide: (1) Letter of Explanation; (2) refund of amount over the high-cost threshold maximum; and (3) proof of delivery.

(Narrow Defense - CHD Approval Required)  Within 365 days of closing, and prior to lender receiving any notice from borrower of the compliance failure, provide:  (1) Lender Attestation to AMC attesting (i) the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made and (ii) the lender has not received any notice from borrower of the failure; (2) refund of amount over the high-cost threshold maximum; and (3) proof of delivery.		 C B B B C A A A Non QM Non QM Yes
754793703822           Compliance Compliance State Compliance State Defect (State High Cost Disclosure) New Jersey High-Cost Loan (Borrower Notice Not Provided Timely) [redacted] High-Cost Loan: Notice to Borrower not provided to borrower at least [redacted] ([redacted]) business days prior to closing. The NJ high cost loan notice is not dated and the signature date is the same as the closing date [redacted].       Reviewer Comment (2022-04-12): Received, Note Rate 30 Day
[Redacted] [Redacted]
[Redacted] [Redacted]
From seller for UD Rate and price. Both ways resolve issues. Clearing exception.


Reviewer Comment (2022-03-15): P.L. [redacted]: [redacted]) states that "A creditor shall not make a high-cost home loan unless the creditor has given the following notice, or substantially similar notice, in writing, to the borrower, acknowledged in writing and signed by the borrower not later than the time the notice is required under the notice provision contained in [redacted](c)."  Further, [redacted](c) states that "The creditor shall furnish the disclosures required by [redacted] at least three business days prior to consummation of a mortgage transaction covered by [redacted]."


Seller Comment (2022-03-15): Searched Our Guidelines
FNMA Selling Guide
State of [redacted]Ownership - High Price Loan - Attached.


Reviewer Comment (2022-03-04): State High Cost Regulation [redacted], CHAPTER [redacted]f)


Seller Comment (2022-03-04): We do not see in the guidelines were it has to be within 3 days of closing.
 04/12/2022 1 C A C A C A C A C A NJ Primary Refinance - Rate/Term Within 45 days of closing, provide: (1) Letter of Explanation; (2) refund of amount over the high-cost threshold maximum; and (3) proof of delivery.

(Narrow Defense - CHD Approval Required)  Within 365 days of closing, and prior to lender receiving any notice from borrower of the compliance failure, provide:  (1) Lender Attestation to AMC attesting (i) the failure was not intentional and was a bona fide error notwithstanding procedures in place to prevent such loans from being made and (ii) the lender has not received any notice from borrower of the failure; (2) refund of amount over the high-cost threshold maximum; and (3) proof of delivery.		 C B B B C A A A Non QM Non QM No
776615749895           Compliance Loan Package Documentation Application / Processing Missing, Incorrect, or Incomplete Final or Initial 1003 Missing Document: Missing Lender's Initial [redacted]   Lender to provide initial 1003 - not in file.       Reviewer Comment (2022-03-09): Received, Clearing.


Seller Comment (2022-03-09): 1003 and proof of receipt of initial disclosure package
 03/09/2022 1 B A B A B A B A B A NC Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
776615749895           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage ([redacted] ): Points and Fees on subject loan of [redacted] % is in excess of the allowable maximum of  [redacted] % 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 $[redacted] or .[redacted] %). Higher priced loan.       Reviewer Comment (2022-03-23): Received, Clearing.


Reviewer Comment (2022-03-09): Loan Discount - [Redacted]
Loan Origination - [Redacted]
UW Fee - [Redacted]
Total - [Redacted]
Max allowed [Redacted]


Seller Comment (2022-03-09): Compliance test attached that shows us passing - seems we have a difference of about $[redacted] vs your calculation. Can you provide a further breakdown?
 03/23/2022 1 C A C A C A C A C A NC Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
776615749895           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. Lender to provide proof of when the homeownership counseling list was provided to the borrowers.       Reviewer Comment (2022-03-04): Received, Clearing.


Seller Comment (2022-03-04): Disagree - Application submitted on [Redacted] and Initial Disclosure Package was issued/signed on [Redacted], uploaded Disclosure Center verified RESPA Six Information, signed Initial LE, and DM.
 03/04/2022 1 B A B A B A B A B A NC Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
776615749895           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 [redacted] ([redacted]) business days of application. Lender to provide initial loan estimate (app date was [redacted] , initial LE was [redacted] .       Reviewer Comment (2022-03-08): [Redacted] received [Redacted] LE and proof of receipt


Seller Comment (2022-03-07): Disagree - Application submitted on [Redacted] and Initial Disclosure Package was issued/signed on [Redacted], uploaded initial LE and DM
 03/08/2022 1 C A C A C A C A C A NC Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
776615749895           Compliance Compliance Federal Compliance TRID TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. Lender to provide proof of when borrowers were  provided with list of service providers.       Reviewer Comment (2022-03-08): [Redacted] received SSPL disclosure
 03/08/2022 1 A A A A A A A A A A NC Primary Purchase No Defined Cure C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
776615749895           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - [redacted] Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. .       Reviewer Comment (2022-03-23): Received, Clearing.


Reviewer Comment (2022-03-09): Based on the undiscounted rate provided there are no eligible discount points available to exclude.


Seller Comment (2022-03-09): The original condition cited this due to disclosures that were missing. Regardless, undiscounted rate/price = [Redacted]/[Redacted]. locked rate price = [Redacted]/[redacted]. Compliance test attached showing us passing points/fees


Reviewer Comment (2022-03-09): Due to QM points and fees exceed allowable. Discount points are reflected so need to following to determine if those points are bona fide:
A: Undiscounted/Starting Adjusted Interest Rate:  The rate available to the consumer based on a consumer's profile and loan characteristics (after any adjustments for LTV, FICO, etc).

B: Undiscounted/Starting Adjusted Interest Rate Price: The percentage of the total Discount Points that were paid to bring the rate to the Undiscounted/Par interest rate.  This does NOT include the percentage of the Discount Points on the CD that were actually paid to buy down the Note rate from the Starting Adjusted Rate.


Buyer Comment (2022-03-09): 1003, LE and proof of receipt provided to their respective conditions
 03/23/2022 1 B A C A B A C A B A NC Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
776615749895           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 $[redacted].  Insufficient or no cure was provided to the borrower. Lender to provide settlement service provider list to clear this.       Reviewer Comment (2022-03-08): [Redacted] received SSPL disclosure confirming no vendor listed on Final CD and borrower able to shop.


Seller Comment (2022-03-08): Disagree - Title Settlement Fee of [Redacted] in Section C borrower shopped no Cure required, uploaded Final CD and SSPL
 03/08/2022 1 C A C A C A C A C 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 A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
776615749895           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 [redacted] days of the loan application date. Lender to provide evidence that the borrower was provided with this document within [redacted] days of application.       Reviewer Comment (2022-03-08): Received , Clearing.
 03/08/2022 1 B A B A B A B A B A NC Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
776615749895           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 $[redacted] exceeds tolerance of $[redacted] .  Insufficient or no cure was provided to the borrower. Lender to provide settlement service provider list to clear this.       Reviewer Comment (2022-03-08): [Redacted] received SSPL disclosure confirming no vendor listed on Final CD and borrower able to shop.


Seller Comment (2022-03-08): Disagree - Service Charges of [Redacted] not exist; however, Miscellaneous of [Redacted] presents in Section C borrower shopped no Cure required, uploaded Final CD
 03/08/2022 1 C A C A C A C A C 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 A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
776615749895           Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Issue is $[redacted] gift - per documents in file it was sent to title but the funds were not reflected on the final CD or in the borrower's account. Funds were excluded pending proof of receipt. Lender to provide corrected final CD verifying the funds were deposited directly to title.       Reviewer Comment (2022-03-02): Received, Clearing.


Seller Comment (2022-03-02): Find attached receipt of wire from title and updated final CD with gift funds showing as credit to clear finding.
 03/02/2022 1 C A C A C A C A C A NC Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
776615749895           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. [redacted] received [redacted] .  Appraisal fee increased and changed circumstance does not give a valid reason for why.  Documentation only states it increased and that value changed which is not a valid reason to increase the fee.  Please provide additional information to support why the fee was increased, otherwise cure is due borrower.       Reviewer Comment (2022-03-30): [Redacted] Received PCCD, Letter of Explanation, Copy of check, delivery report for the cure provided.


Seller Comment (2022-03-29): Agree - uploaded PCCD, LOE, check and shipping label
 03/30/2022 2 B B B B 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 A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
776615749895           Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Investor Qualification Method not Matching ATR Ability to Repay (Dodd-Frank 2014): The Qualification Method used by the lender does not match the ATR payment calculation methods under [redacted] (c)(5).         Reviewer Comment (2022-03-30): Clearing.
 03/30/2022 1 A A A A A NC Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
517461267483           Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) [redacted] Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender. Lender to provide Lender signed copy of the Fair Market Value Disclosure.       Reviewer Comment (2022-03-21): Received, Clearing.


Seller Comment (2022-03-21): Disagree - uploaded acknowledgment of fair market
 03/21/2022 1 C A C A C A C A D A TX Primary Refinance - Cash-out - Other To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), and obtain an executed copy; OR (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. D B A A D B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
517461267483           Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Loan Not Closed At Office of Lender, Attorney, or Title Company) [redacted] Constitution Section 50(a)(6):  Unable to determine if loan was closed at an authorized location due to missing documentation. Lender to provide documentation verifying the location of closing.         2 B B B B B B B B B B TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. D B A A D B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
517461267483           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 Underwriting Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted] .  Insufficient or no cure was provided to the borrower. The underwriting fee increased on the [redacted]  CD to $[redacted] , the change of circumstance was provided on [redacted]  after the increase and credit was not provided.       Reviewer Comment (2022-03-11): [Redacted] received PCCD, LOE, Proof of delivery & refund check.


Seller Comment (2022-03-10): Disagree - PCCD, check, shipping label and LOX uploaded
 03/11/2022 2 C B C B C B C B C B TX Primary Refinance - Cash-out - Other 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 Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
593704122594           Credit Guideline Guideline Issue Guideline Borrower is a first time home buyer and ineligible per guidelines. -         Reviewer Comment (2022-03-15): Clearing after re-review.
 03/15/2022 1 C A C A C A C A C A AK Investment Purchase   D D C A D D   N/A No
593704122594           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: [redacted]   AVM in the file doesn't have a FSD Score.       Reviewer Comment (2022-03-28): Received, Clearing.
 03/28/2022 1 D A D A D A D A D A AK Investment Purchase   D D C A D D   N/A No
593704122594           Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized.  Highest level secondary valuation was BPO and does not support the value used to qualify.; Sec ID: 6[redacted] Note Date:  ___; Lien Position: ___           3 C D C C C AK Investment Purchase   D D C A D D   N/A No
367522174210           Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided   The file was missing documentation for a non-us citizen status       Reviewer Comment (2022-03-16): Received, Clearing.
 03/16/2022 1 C A C A C A C A C A CT Primary Purchase   D B C A A B D A Non QM Non QM No
367522174210           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: [redacted]   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-03-18): Received, Clearing.


Seller Comment (2022-03-18): Exception approved.
 03/18/2022 1 D A D A D A D A D A CT Primary Purchase   D B C A A B D A Non QM Non QM No
367522174210           Credit Loan Package Documentation Application / Processing Loan Package Documentation 1003 Error: Citizenship Source Documentation  was not provided - The file was missing documentation for non-us citizen borrower       Reviewer Comment (2022-03-16): Received, Clearing.


Seller Comment (2022-03-16): The loan closed as a ITIN and the guidelines for borrowers residency as [redacted] require a copy of the ITIN assignment document and a valid U.S. government issued I.D. both of which are in the file.
 03/16/2022 1 B A B A B A B A B A CT Primary Purchase   D B C A A B D A Non QM Non QM No
367522174210           Credit 1003 Document Error 1003 Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. - The borrower is missing documentation for his non-us citizen status       Reviewer Comment (2022-03-16): Received, Clearing.


Seller Comment (2022-03-16): The loan closed as a ITIN and the guidelines for borrowers residency as [redacted] require a copy of the ITIN assignment document and a valid U.S. government issued I.D. both of which are in the file.
 03/16/2022 1 C A C A C A C A C A CT Primary Purchase   D B C A A B D A Non QM Non QM No
367522174210           Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Copy of Appraisal Not Provided 3 Business Days Prior to Consummation Unable to determine if the borrower signed a valuation receipt acknowledgment due to missing information.           2 B B B B B CT Primary Purchase   D B C A A B D A Non QM Non QM No
974946465336           Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided           Reviewer Comment (2022-03-16): Received, Clearing.


Seller Comment (2022-03-16): Disagree - loan closed as a ITIN and the guidelines for borrowers residency as[redacted] require a copy of the ITIN assignment document and a valid U.S. government issued I.D. both of which were in the file.
 03/16/2022 1 C A C A C A C A C A WA Primary Purchase   C B C A B B A A Non QM Non QM No
974946465336           Credit 1003 Document Error 1003 Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. -         Reviewer Comment (2022-03-16): Received, Clearing.


Seller Comment (2022-03-16): Disagree - loan closed as a ITIN and the guidelines for borrowers residency as [redacted] require a copy of the ITIN assignment document and a valid U.S. government issued I.D. both of which were in the file.
 03/16/2022 1 C A C A C A C A C A WA Primary Purchase   C B C A B B A A Non QM Non QM No
974946465336           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.           2 B B B B B B B B B B WA Primary Purchase   C B C A B B A A Non QM Non QM No
377279111753           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 (2022-03-11): Sufficient Cure Provided At Closing
 03/11/2022 1 A A A A A A A A A A TN Primary Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
647514423014           Credit 1003 Document Error 1003 Borrower(s) is not a U.S. Citizen, and the guideline required documentation was not provided. - Passport and Permanent resident ID card missing in file.       Reviewer Comment (2022-04-07): Received, Clearing.


Seller Comment (2022-04-07): We have attached the Permanent Resident ID Card /DL/SS Verification.
 04/07/2022 1 C A C A C A C A C A CA Primary Purchase   C A C A A A A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
647514423014           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted] business days of the Note. - Verification of employment is not within [redacted] days of Note date [redacted]  and verification of employment date is [redacted] .       Reviewer Comment (2022-04-22): Received, clearing.


Seller Comment (2022-04-22): Per page [redacted] of the guidelines lender certification will suffice.


Reviewer Comment (2022-04-07): VVOE provided is post closing and not within 10 days of the note.


Seller Comment (2022-04-07): We have attached the VVOE and the VOE.
 04/22/2022 1 C A C A C A C A C A CA Primary Purchase   C A C A A A A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
106065898028           Credit Loan Package Documentation Application / Processing Insurance Missing Document: Flood Certificate not provided   Lender to provide flood certificate for transaction (property is not in flood zone per appraisal.       Reviewer Comment (2022-04-22): Received, Clearing.


Seller Comment (2022-04-22): The following flood cert is attached to clear the condition.
 04/22/2022 1 C A C A C A C A C A CA Primary Purchase   D A D A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
106065898028           Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   Lender to provide purchase contract for transaction (not in file).       Reviewer Comment (2022-04-26): Unable to locate in the original file. Clearing exception.


Seller Comment (2022-04-26): Disagree - uploaded purchase contract
 04/26/2022 1 D A D A D A D A D A CA Primary Purchase   D A D A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
106065898028           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted]business days of the Note. - VVOE required per guides, not in file - lender to provide proof employment <[redacted]days from closing       Reviewer Comment (2022-04-26): Received, Clearing.


Seller Comment (2022-04-26): Disagree - uploaded VOE
 04/26/2022 1 C A C A C A C A C A CA Primary Purchase   D A D A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
106065898028           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing copy of mortgage statement for borrower's investment property verifying PITI of $[redacted] .       Reviewer Comment (2022-04-21): Received, Clearing.


Seller Comment (2022-04-21): The [redacted] MTG statement for [Redacted] is attached to clear the finding below.
 04/21/2022 1 C A C A C A C A C A CA Primary Purchase   D A D A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
106065898028           Credit Insurance Insurance Documentation Insurance Missing Document: Hazard Dec Page not provided   Lender to provide HOI blanket cert for project - not in file.       Reviewer Comment (2022-04-20): Received, Clearing.


Seller Comment (2022-04-20): Disagree - hoi docs uploaded
 04/20/2022 1 C A C A C A C A C A CA Primary Purchase   D A D A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
124058050675           Credit Legal / Regulatory / Compliance Title / Lien Defect Legal / Regulatory / Compliance Final Title Policy is missing. No evidence of title in file.           Reviewer Comment (2022-05-12): Received, Clearing.


Seller Comment (2022-05-12): The attached title is to clear the findings below.
 05/12/2022 1 C A C A C A C A C A CT Primary Purchase   C A C A C A A A Non QM Non QM No
124058050675           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.) Sellers Final Closing Disclosure dated [redacted] does not list any seller paid fees and the borrowers final CD does not list any seller paid fees.       Reviewer Comment (2022-05-13): [Redacted] received seller CD.


Seller Comment (2022-05-11): Disagree - uploaded seller CD with a date issued of [Redacted] was the CD prepared by title, it is completed and is signed by the Seller.  The CD dated [Redacted] is a preliminary CD that was sent to title by the client
 05/13/2022 1 C A C A C A C A C A CT Primary Purchase Letter of Explanation & Corrected Closing Disclosure C A C A C A A A Non QM Non QM Yes
124058050675           Credit Loan Package Documentation Application / Processing Loan Package Documentation OFAC red flag on fraud report - The fraud report indicates an OFAC fail status.       Reviewer Comment (2022-05-11): Received, Clearing.


Seller Comment (2022-05-11): The attached OFAC clearance is to cure the finding below. The finding was on the external processor.
 05/11/2022 1 C A C A C A C A C A CT Primary Purchase   C A C A C A A A Non QM Non QM No
610261274676           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Counseling Disclosure Not Provided) [redacted] Subprime Loan: Counseling Disclosure not provided to borrower.           2 B B B B B B B B B B NY Primary Purchase No obvious cure B B A A B B A A Non QM Non QM No
610261274676           Compliance Compliance State Compliance State HPML (State HPML Disclosure) New York Subprime Loan (Subprime Legend Not on Mortgage) [redacted] Subprime Loan:  Mortgage does not contain a legend stating that the subprime loan is subject to Section 6-m of the Banking Law.           2 B B B B B B B B B B 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.). B B A A B B A A Non QM Non QM Yes
610261274676           Compliance Compliance State Compliance State HPML [redacted] Subprime Home Loan Threshold Fixed Non-Compliant [redacted] Subprime Loan: APR on subject loan of [redacted]% or Final Disclosure APR of [redacted]% is in excess of allowable threshold of Prime Mortgage Market Rate [redacted] + [redacted]%, or [redacted]%.  Non-Compliant SubPrime Loan.           2 B B B B B B B B B 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. B B A A B B A A Non QM Non QM Yes
610261274676           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 was last disclosed as $[redacted] on LE but disclosed as $[redacted] on Final Closing Disclosure.  File does not contain a valid COC for this fee, cure provided at closing.       Reviewer Comment (2022-04-05): Sufficient Cure Provided At Closing
 04/05/2022 1 A A A A A A A A A A NY Primary Purchase Final CD evidences Cure B B A A B B A A Non QM Non QM Yes
448198060952           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. Fee Amount of $[redacted] exceeds tolerance of $[redacted] . Sufficient or excess cure was provided to the borrower at Closing.       Reviewer Comment (2022-04-05): Sufficient Cure Provided At Closing
 04/05/2022 1 A A A A A A A A A A FL Primary Purchase Final CD evidences Cure C A C A A A A A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
448198060952           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The verification of hazard insurance was not provided.       Reviewer Comment (2022-04-08): Received, Clearing.


Seller Comment (2022-04-08): See attached Mortgage statement showing the insurance was escrowed.
 04/08/2022 1 C A C A C A C A C A FL Primary Purchase   C A C A A A A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
677421197678           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - [redacted] Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. The compliance report confirms the HPML designation.       Reviewer Comment (2022-05-25): Restated
 05/25/2022 1 B A C A B A C A B A TX Primary Purchase Lender to provide updated ATR/QM status C B B B C B A A Higher Priced QM (APOR) Non QM Yes
677421197678           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of [redacted] % is in excess of the allowable maximum of  [redacted] % 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 $[redacted]  or .[redacted] %).         Reviewer Comment (2022-05-25): Restated


Buyer Comment (2022-05-25): Agree on fail - please restate as NQM, that was the intended designation
 05/25/2022 1 C A C A C A C A C A TX Primary Purchase   C B B B C B A A Higher Priced QM (APOR) Non QM No
677421197678           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year [redacted] TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year [redacted] of [redacted] on Final Closing Disclosure provided on [redacted]  not accurate. Selection on the final closing disclosure has been completed         2 B B B B B B B B B B TX Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B B B C B A A Higher Priced QM (APOR) Non QM Yes
677421197678           Credit Credit Miscellaneous Guideline Credit Exception:   Borrower is ITIN however US government issued ID not provided Borrowers made a down payment from their own funds on this purchase transaction of at least [redacted]% and [redacted].

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

Borrower has worked in the same position for more than [redacted] years.

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

Borrower has been employed in the same industry for more than [redacted] years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-04-05): Client elects to waive with comp factors
 04/05/2022 2 B B B B B B B B B B TX Primary Purchase   C B B B C B A A Higher Priced QM (APOR) Non QM No
677421197678           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. Restated         2 A B B B A TX Primary Purchase   C B B B C B A A Higher Priced QM (APOR) Non QM No
734832386660           Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.   Transaction date was [redacted] , HOI effective [redacted] .       Reviewer Comment (2022-04-08): Received previous yrs policy, clearing exception.


Seller Comment (2022-04-08): The Loan is a [redacted]. I have attached Previous years Policy.
 04/08/2022 1 C A C A C A C A C A TX Primary Refinance - Rate/Term   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
561435414966           Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender - The appraisal was not in the name of the lender. HPML/Safe Harbor requires correct lender to be identified.  Provide a revised appraisal correcting the client.         2 B B B B B B B B B B IN Primary Purchase   B B A A B B B B Non QM Non QM No
561435414966           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.           2 B B B B B B B B B B IN Primary Purchase   B B A A B B B B Non QM Non QM No
657915518463           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - The file is missing a P&L or the tax returns for [redacted] for the [redacted] .       Reviewer Comment (2022-06-01): Received, Clearing.


Seller Comment (2022-06-01): Uploaded P&L statements
 06/01/2022 1 C A C A C A C A C A IL Primary Refinance - Cash-out - Other   C B C A C A B B Higher Priced QM (APOR) Higher Priced QM (APOR) No
657915518463           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - [redacted] Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Profit and Loss and statement missing in file triggering Loan designation  Higher Priced QM (APOR) fail.       Reviewer Comment (2022-06-01): Received, Clearing.
 06/01/2022 1 B A C A B A C A B A IL Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C A C A B B Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
657915518463           Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Employment - [redacted] General QM: Unable to verify current S-Corp status using reasonably reliable third-party records. Third Party Verification from missing in file to verify S-corp income.Profit and Loss statement.       Reviewer Comment (2022-06-01): Received, Clearing.
 06/01/2022 1 C A C A C A C A C A IL Primary Refinance - Cash-out - Other   C B C A C A B B Higher Priced QM (APOR) Higher Priced QM (APOR) No
657915518463           Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - [redacted] General QM: Unable to verify S-Corp income using reasonably reliable third-party records. Third Party Verification from missing in file to verify S-corp income.Profit and Loss statement.       Reviewer Comment (2022-06-01): Received, Clearing.
 06/01/2022 1 C A C A C A C A C A IL Primary Refinance - Cash-out - Other   C B C A C A B B Higher Priced QM (APOR) Higher Priced QM (APOR) No
657915518463           Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender - The appraisal was not in the name of the lender. HPML/Safe Harbor requires correct lender to be identified.  Provide a revised appraisal correcting the client.       Reviewer Comment (2022-07-28): Accepted as is
 2 B B B B B B B B B B IL Primary Refinance - Cash-out - Other   C B C A C A B B Higher Priced QM (APOR) Higher Priced QM (APOR) No
657915518463           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing:   The file is missing a P&L or the tax returns for [redacted] for the partnership's negative income stream deducted from total qualifying income.       Reviewer Comment (2022-06-01): Received, Clearing.
 06/01/2022 1 C A C A C A C A C A IL Primary Refinance - Cash-out - Other   C B C A C A B B Higher Priced QM (APOR) Higher Priced QM (APOR) No
550828897282           Credit Title Document Error Title There is no dollar amount noted on the title policy.   Lender to provide final title cert.         2 B B B B B B B B B B CA Primary Purchase   B B B B A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
661105138939           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 was last disclosed as $[redacted] LE but disclosed as $[redacted] on Final Closing Disclosure.  File does not contain a valid COC for this fee, cure provided at closing.       Reviewer Comment (2022-04-20): Sufficient Cure Provided At Closing
 04/20/2022 1 A A A A A A A A A A TX Primary Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
828276501738           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted]business days of the Note. - Lender to provide VVOE dated within days of note (document in file is >[redacted] days from closing).       Reviewer Comment (2022-05-06): Received, Clearing.


Seller Comment (2022-05-06): Disagree - uploaded VOE
 05/06/2022 1 C A C A C A C A C A NJ Primary Purchase   C A C A A A A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
137881445456           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. Credit Report Fee was disclosed on LE as $[redacted] and fee was disclosed on Consumer CD as $[redacted]  .There is no cure provided to the borrower .No change of circumstance in file  provide the borrower with a post close CD disclosing  the tolerance cure  of $[redacted] . a  copy of refund check ,proof of delivery, and a copy of the letter of explanation sent to the borrower disclosing the changes made.       Reviewer Comment (2022-05-24): [Redacted] received PCCD, LOE, Proof of delivery & refund check.


Seller Comment (2022-05-23): Agree - attached is the PCCD, letter of explanation, a copy of the refund check, and the proof of delivery.
 05/24/2022 2 C B C B C B C B C 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 B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
137881445456           Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. Lender to provide final title cert.         2 B B B B B B B B B B CA Primary Purchase   C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
402366647903           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year [redacted] TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year [redacted] of [redacted] on Final Closing Disclosure provided on[redacted]  not accurate. Lender to provide final CD correctly disclosing the HOA dues of $[redacted] .         2 B B B B B B B B B B AZ Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
108327973568           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year [redacted] TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year [redacted] of [redacted] on Final Closing Disclosure provided on[redacted] not accurate. There is a discrepancy on page 1 of the final CD between the verified monthly escrow payment of $[redacted] and the estimated taxes, insurance and assessments monthly payment in the next section of $[redacted] that was supposed to have been used to determine page 4 costs.  There are no HOA or other costs in listed to comprise non-escrowed property costs over [redacted] year of $[redacted] .       Reviewer Comment (2022-07-28): Accepted as is
 2 B B B B B B B B B B CO Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
108327973568           Credit Credit Miscellaneous Guideline Credit Exception:   The loan closed as a rate and term refinance however the borrower is paying off delinquent property taxes that exceed $[redacted] .       Reviewer Comment (2022-05-02): Received, Clearing.


Seller Comment (2022-05-02): Disagree - loan closed as [redacted], uploaded 1008
 05/02/2022 1 C A C A C A C A C A CO Primary Refinance - Rate/Term   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
102890128230           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of [redacted] % is in excess of the allowable maximum of  [redacted] % 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 $[redacted] or .[redacted] %). Loan fails QM due to points and fees.       Reviewer Comment (2022-05-02): Bonafide points breakdown provided.
 05/02/2022 1 C A C A C A C A C A NY Primary Refinance - Cash-out - Other   C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
102890128230           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - [redacted] Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Loan fails QM due to points and fees.       Reviewer Comment (2022-05-02): Bonafide points breakdown provided.
 05/02/2022 1 B A C A B A C A B A NY Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
102890128230           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 Underwriting Fee.  Fee Amount of $[redacted]exceeds tolerance of $[redacted].  Insufficient or no cure was provided to the borrower. Fee was not disclosed up front and no lender credits shown on final CD. Lender to make cure to borrower and provide corrected CD.       Reviewer Comment (2022-05-03): [Redacted] upon review received confirmation from seller that LE's from other loan - outside transaction  [Redacted] were provided in error, hence after review exception has been cleared.


Buyer Comment (2022-05-02): The LEs from any other loan - outside of this transaction [Redacted] - were provided in error. We closed multiple loans for the same borrower and it looks like some docs got mixed up


Reviewer Comment (2022-04-29): [Redacted] received duplicate copies of initial LE however, we also have LE dated [Redacted] and[Redacted]  in the file. The LEs have different loan IDs. Kindly provide attestation to confirm if they are not for this loan and not provided to the borrower. Exception remains.


Seller Comment (2022-04-29): Disagree - UW Fee of [Redacted] was disclosed from [Redacted] Initial LE all the way to Final CD, uploaded Initial LE and Final CD.
 05/03/2022 1 C A C A C A C A C 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 A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
102890128230           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. Fee was not disclosed up front and no lender credits shown on final CD. Lender to make cure to borrower and provide corrected CD.       Reviewer Comment (2022-05-03): [Redacted] upon review received confirmation from seller that LE's from other loan - outside transaction [Redacted] were provided in error, hence after review exception has been cleared.


Buyer Comment (2022-05-02): The LEs from any other loan - outside of this transaction [Redacted] - were provided in error. We closed multiple loans for the same borrower and it looks like some docs got mixed up


Reviewer Comment (2022-04-29): [Redacted] received duplicate copies of initial LE however, we also have LE dated [Redacted] and [Redacted] in the file. The LEs have different loan IDs. Kindly provide attestation to confirm if they are not for this loan and not provided to the borrower. Exception remains.


Seller Comment (2022-04-29): Disagree - Appraisal fee of [Redacted] was disclosed on [Redacted] Initial LE all the way to Final CD, uploaded Initial LE and Final CD
 05/03/2022 1 C A C A C A C A C 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 A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
102890128230           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. Fee was not disclosed up front and no lender credits shown on final CD. Lender to make cure to borrower and provide corrected CD.       Reviewer Comment (2022-05-03): [Redacted] upon review received confirmation from seller that LE's from other loan - outside transaction [Redacted] were provided in error, hence after review exception has been cleared.


Buyer Comment (2022-05-02): The LEs from any other loan - outside of this transaction [Redacted]- were provided in error. We closed multiple loans for the same borrower and it looks like some docs got mixed up


Reviewer Comment (2022-04-29): [Redacted] received duplicate copies of initial LE however, we also have LE dated [Redacted] and  [Redacted] in the file. The LEs have different loan IDs. Kindly provide attestation to confirm if they are not for this loan and not provided to the borrower. Exception remains.


Seller Comment (2022-04-29): Disagree - credit report fee in the amount of [Redacted] was disclosed on the Initial LE for two separate 1003 borrowers, adjusted to [Redacted] to reflect invoices on the CD, uploaded Credit Report invoices and Initial LE.
 05/03/2022 1 C A C A C A C A C 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 A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
885478358379           Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   Missing [redacted] bank statement ending [redacted] for calculation of bank statement income       Reviewer Comment (2022-05-02): Received, Clearing.


Seller Comment (2022-05-02): Exception approved.
 05/02/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
885478358379           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 [redacted] incorrectly disclosed whether the loan will have an escrow account. Final Closing Disclosure provided on [redacted] did  disclose why the loan will  not have an escrow account.       Reviewer Comment (2022-05-11): [Redacted] Received PCCD and LOE


Seller Comment (2022-05-10): Disagree - uploaded PCCD and LOX regarding correction to CD page 4, no escrow account box reason checked- Borrower Declined escrow account.
 05/11/2022 2 C B C B C B C B C B CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
885478358379           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Property Costs Year [redacted] Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of [redacted]on Final Closing Disclosure provided on [redacted] not accurate. Estimated Property Costs over Year 1 of [redacted] not accurate as property taxes were verified as $[redacted] (PP [redacted] x tax rate of [redacted] % from tax bill / [redacted] + special assessments of $[redacted] ). Provide evidence of alternative calculation or corrected PCCD and letter of explanation to cure.         2 B B B B B B B B B B CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
885478358379           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - [redacted] Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. The Bank Statement income was based on [redacted] months with a Fixed Expense Ratio of  [redacted]       Reviewer Comment (2022-05-18): Loan is SHQM (APOR).
 05/18/2022 1 B A C A B A C A B A CA Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
885478358379           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. The Bank Statement income was based on [redacted]months with a Fixed Expense Ratio of  [redacted]       Reviewer Comment (2022-06-17): EV2-B


Reviewer Comment (2022-06-17): Initial grade regrade to EV2B


Reviewer Comment (2022-06-17): Intiial Grade Regrade to EV2-B
 2 C B C B C B C B C B CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
885478358379           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. The Bank Statement income was based on [redacted] months with a Fixed Expense Ratio of  [redacted]       Reviewer Comment (2022-06-17): EV2-B


Reviewer Comment (2022-06-17): Initial grade regrade to EV2B


Reviewer Comment (2022-06-17): Intiial Grade Regrade to EV2-B


Reviewer Comment (2022-05-02): Missing [redacted]bank statement ending [Redacted] for calculation of bank statement income


Seller Comment (2022-05-02): The attached CPA letters and business license are to clear the finding below.
 2 C B C B C B C B C B CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
885478358379           Credit Asset Asset Documentation Asset Asset Issue:  Gift funds are missing evidence of receipt   Missing evidence of  [redacted] gift receipt       Reviewer Comment (2022-05-18): Received, Clearing.


Reviewer Comment (2022-05-10): Wire is [Redacted]  and donor is [Redacted]. not the same.


Seller Comment (2022-05-10): Disagree - donor matches


Reviewer Comment (2022-05-03): Donor on gift letter does not match donor on the wire transfer. Exception remains


Seller Comment (2022-05-03): See attached evidence of receipt of [Redacted]  gift funds and the Donors proof of the wire transfer.
 05/18/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
417294750989           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1[redacted] TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of   [redacted] on Final Closing Disclosure provided on   [redacted] not accurate. The final CD disclosed the amount of HOA dues as   [redacted]and the HOA total is  [redacted].The  Estimated taxes Insurance & Assessments on page 1 is  monthly correct amount  is  [redacted] [redacted]provide  a  post closing CD correcting escrow section and Estimated taxes Insurance & Assessments on page 1 and a letter of explanation letter to the Borrower disclosing the changes made.       Reviewer Comment (2022-07-28): Accepted as is
 2 B B B B B B B B B B OR Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
417294750989           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 [redacted]% or [redacted].  Sufficient or excess cure was provided to the borrower at Closing. Recording fees was disclosed on LE as  [redacted]and on CD as  [redacted]a cure was provided to the Borrower.       Reviewer Comment (2022-05-02): Sufficient Cure Provided At Closing
 05/02/2022 1 A A A A A A A A A A OR Primary Purchase Final CD evidences Cure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
417294750989           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  fees was disclosed on LE as [redacted] and on CD as [redacted]a cure was provided to the Borrower.       Reviewer Comment (2022-05-02): Sufficient Cure Provided At Closing
 05/02/2022 1 A A A A A A A A A A OR Primary Purchase Final CD evidences Cure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
222220283525           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 [redacted]incorrectly disclosed whether the loan will have an escrow account. Page 4 of the final CD, missing either box checked for:  "you declined" or "your lender does not offer one", regarding will not have an escrow account.       Reviewer Comment (2022-05-05): [Redacted] Received PCCD and LOE.


Seller Comment (2022-05-04): Disagree - uploaded PCCD and LOX
 05/05/2022 2 C B C B C B C B C B CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
996532172257           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 [Redacted] or [Redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2022-05-03): Sufficient Cure Provided At Closing
 05/03/2022 1 A A A A A A A A A A CA Primary Refinance - Cash-out - Other Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
607894761806           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Loan qualified using [redacted] month bank statement income, [redacted]% business ownership with a [redacted]% fixed expense ratio.       Reviewer Comment (2022-07-28): Accepted as is


Reviewer Comment (2022-06-17): EV2-B


Reviewer Comment (2022-06-17): Initial grade regrade to EV2B


Reviewer Comment (2022-06-17): Intiial Grade Regrade to EV2-B
 2 B B B B B B B B B B NJ Primary Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
999711265939           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Bank Statement income was based on [redacted] months with a Fixed expense ratio of [redacted]       Reviewer Comment (2022-07-28): Accepted as is


Reviewer Comment (2022-06-17): EV2-B


Reviewer Comment (2022-06-17): Initial grade regrade to EV2B


Reviewer Comment (2022-06-17): Intiial Grade Regrade to EV2-B
 2 B B B B B B B B B B NJ Primary Refinance - Cash-out - Other   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
999711265939           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 [redacted] incorrectly disclosed whether the loan will have an escrow account. Closing disclosure does not disclose why the Borrower does not have an Escrow account.       Reviewer Comment (2022-05-23): [Redacted] received Post CD and LOX.


Seller Comment (2022-05-20): Disagree - uploaded PCCD and LOX
 05/23/2022 2 C B C B C B C B C B NJ Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
999711265939           Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower. No Escrow account in file.       Reviewer Comment (2022-07-28): Accepted as is
 2 B B B B B B B B B B NJ Primary Refinance - Cash-out - Other   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
835558888646           Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed.           Reviewer Comment (2022-05-23): Received, Clearing.


Seller Comment (2022-05-23): Effective Date is [Redacted] same as Disbursement Date.
 05/23/2022 1 C A C A C A C A C A WA Primary Purchase   C B C B A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
835558888646           Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.     The representative FICO score exceeds the guideline minimum by at least [redacted] points.

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

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

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

Borrower has worked in the same position for more than [redacted] years.

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

Borrower has been employed in the same industry for more than [redacted] years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-05-16): Client elects to waive with compensating factors
 05/16/2022 2 B B B B B B B B B B WA Primary Purchase   C B C B A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
869289038008           Credit Loan Package Documentation Application / Processing Loan Package Documentation Missing Document: Purchase Agreement / Sales Contract not provided   Lender to provide sales contract for transaction.       Reviewer Comment (2022-06-10): Received, Clearing.


Seller Comment (2022-06-10): Uploaded purchase contract
 06/10/2022 1 D A D A D A D A D A NY Primary Purchase   D B D A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
869289038008           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Bank Statement income was based on [redacted] months with a Fixed expense ratio of [redacted]       Reviewer Comment (2022-08-17): Accepted as is


Reviewer Comment (2022-06-17): EV2-B


Reviewer Comment (2022-06-17): Initial grade regrade to EV2B


Reviewer Comment (2022-06-17): Intiial Grade Regrade to EV2-B


Reviewer Comment (2022-06-08): Regraded.


Seller Comment (2022-06-07): The bank statements are from [Redacted], should be able to be verified by a third party.; SM-Email from CDM on [Redacted] at [Redacted];
 2 C B C B C B C B C B NY Primary Purchase   D B D A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
869289038008           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Bank Statement income was based on [redacted] months with a Fixed expense ratio of  [redacted]       Reviewer Comment (2022-08-17): Accepted as is


Reviewer Comment (2022-06-17): EV2-B


Reviewer Comment (2022-06-17): Initial grade regrade to EV2B


Reviewer Comment (2022-06-17): Intiial Grade Regrade to EV2-B


Reviewer Comment (2022-06-08): Regraded.


Seller Comment (2022-06-07): The bank statements are from [Redacted], should be able to be verified by a third party.; SM-Email from CDM on [Redacted] at [Redacted];
 2 C B C B C B C B C B NY Primary Purchase   D B D A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
869289038008           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Verified Loan Designation is Safe Harbor QMBank statement income based on [redacted] months' statements and expense factor of  [redacted]       Reviewer Comment (2022-06-08): SHQM (APOR)


Seller Comment (2022-06-07): The bank statements are from [Redacted], should be able to be verified by a third party.; SM-Email from CDM on [Redacted] at [Redacted];
 06/08/2022 1 B A C A B A C A B A NY Primary Purchase Lender to provide updated ATR/QM status D B D A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
869289038008           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 [redacted]incorrectly disclosed whether the loan will have an escrow account. Lender to provide corrected final CD showing escrows were waived at the borrower's request (left blank on final document in file).       Reviewer Comment (2022-06-07): [Redacted] received post CD and LOX.


Seller Comment (2022-06-06): Uploaded PCCD and LOX for clerical correction to CD page 4, no escrow account box checked- Borrower Declined escrow account
 06/07/2022 2 C B C B C B C B C B NY Primary Purchase Letter of Explanation & Corrected Closing Disclosure D B D A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
869289038008           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 [redacted]([redacted]) business days prior to closing. First CD was provided on [redacted], day of closing.       Reviewer Comment (2022-06-09): [Redacted] received [redacted] CD


Seller Comment (2022-06-07): Uploaded ICD with DocMagic disclosure detail.
 06/09/2022 1 C A C A C A C A C A NY Primary Purchase No Defined Cure D B D A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
869289038008           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Lender to provide: a) for  [redacted], proof of HOI and HOA; b)  [redacted], proof of HOI and HOA; c) for  [redacted] of HOI and HOA; d) for [redacted], proof of taxes and insurance; e) for [redacted], proof of taxes, HOA and insurance; f) for  [redacted], proof of HOI and HOA; g) for [redacted], proof of taxes, HOI and HOA; h) for  [redacted], proof of insurance and HOA dues; i) for [redacted], proof of HOI and HOA; j)  for [redacted], proof of HOI/HOA; k) for [redacted], proof of HOI/HOA; l) for  [redacted], proof of HOI/HOA.       Reviewer Comment (2022-06-06): Received, Clearing.


Seller Comment (2022-06-06): Uploaded REO docs
 06/06/2022 1 C A C A C A C A C A NY Primary Purchase   D B D A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
375002161215           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 [redacted]% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2022-06-03): Sufficient Cure Provided At Closing
 06/03/2022 1 A A A A A A A A A A CA Primary Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
406352004829           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank  [redacted]): Points and Fees on subject loan of  [redacted] is in excess of the allowable maximum of  [redacted] 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  [redacted]or [redacted]).         Reviewer Comment (2022-06-20): Received, Clearing.


Seller Comment (2022-06-16): Rebut: please see attached Undiscounted Rate, APOR & Bona Fide Discount, and QM [Redacted] worksheet.


Reviewer Comment (2022-06-15): Provide evidence of undiscounted rate and fee in order to determine bona fide points


Seller Comment (2022-06-14): Disagree - No Cure required. [Redacted] of discount points are eligible for bona fide and can be excluded from the Points & Fees calculation
 06/20/2022 1 C A C A C A C A C A NY Primary Purchase   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
406352004829           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - [redacted] Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Loan designation is Safe Harbor QM (APOR)       Reviewer Comment (2022-06-20): Loan is SHQM (APOR).


Reviewer Comment (2022-06-15): Provide evidence of undiscounted rate and fee in order to determine bona fide points


Seller Comment (2022-06-14): Disagree - No Cure required. [Redacted] of discount points are eligible for bona fide and can be excluded from the Points & Fees calculation
 06/20/2022 1 B A C A B A C A B A NY Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
406352004829           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records.         Reviewer Comment (2022-08-17): Accepted as is


Reviewer Comment (2022-06-20): Bank Statement income was based on [redacted] months with a fixed expense ratio of [Redacted]
 2 B B B B B NY Primary Purchase   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
895961066197           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]. Final Lender Credit of  [redacted] is less than amount of binding Lender Credit previously disclosed in the amount of  [redacted].  The file contains a valid changed circustmace to decrease loan amount impacting pricing and lender credits.       Reviewer Comment (2022-06-21): [Redacted] CD with COC provided in trailing


Seller Comment (2022-06-20): No cure needed. Loan amount increased on [Redacted] which changed the LTV and thus changed pricing. Loan amount was brought back down to keep the LTV in line and a cure added to the[Redacted] CD


Reviewer Comment (2022-06-13): Loan file shows [Redacted] CD that changes pricing.  No CD located in loan file that is within the [Redacted]tolerance to allow for the pricing change.  Please provide cure.


Seller Comment (2022-06-09): [Redacted] CD was issued/signed for Loan Amount decreased, thus Lender Credit was adjusted to reflect, uploaded Final LE and [Redacted] CD
 06/21/2022 1 C A C A C A C A C A TX Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D A A A D A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
895961066197           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 was last disclosed as  [redacted]on LE but disclosed as  [redacted] on Final Closing Disclosure.  File does not contain a valid COC for this fee, cure provided at closing.       Reviewer Comment (2022-06-10): [Redacted]  Sufficient cure was provided at closing


Seller Comment (2022-06-09): Cure of [Redacted] for appraisal fee was applied on the CD under Lender Credit in Section J.
 06/10/2022 1 C A C A C A C A C A TX Primary Refinance - Cash-out - Other Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD D A A A D A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
895961066197           Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Completed Loan Application Not  Provided At Least 1 Business Day Prior to Closing) [redacted] Constitution Section 50(a)(6):  [redacted] Cash-out Loan.  Borrower was not provided copy of Application [redacted] day prior to closing.         Reviewer Comment (2022-06-09): Received, Clearing.


Seller Comment (2022-06-09): [Redacted] 1003 was issued/signed for closing date of [Redacted], uploaded 1003
 06/09/2022 1 C A C A C A C A C A TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. D A A A D A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
895961066197           Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Acknowledgment of Fair Market Value Disclosure Not Signed by the Lender) [redacted] Constitution Section 50(a)(6): Acknowledgment of the Fair Market Value not properly executed by the Lender.         Reviewer Comment (2022-06-20): Received, Clearing.


Seller Comment (2022-06-20): Uploaded fair market acknowledgment, LOX and shipping label
 06/20/2022 1 C A C A C A C A D A TX Primary Refinance - Cash-out - Other To Remediate: the lender or holder may either: (1) Deliver to the borrower the required disclosure documents, (AFMV signed by the lender), and obtain an executed copy; OR (2) refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. Letter of explanation and proof of delivery of cure documents required, and, if cured with refund or credit, copy of refund check or evidence of principal reduction also required. D A A A D A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
895961066197           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 (2022-06-21): Sufficient Cure Provided At Closing
 06/21/2022 1 A A A A A TX Primary Refinance - Cash-out - Other Final CD evidences Cure D A A A D A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
729569031686           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. The loan is qualified using [redacted] months bank statement income with a  [redacted] expense ratio.       Reviewer Comment (2022-06-21): Regraded.


Buyer Comment (2022-06-21): Can you please show this as accepted, instead of rejected?  The regrading already occurred.


Reviewer Comment (2022-06-20): This has been regraded.


Buyer Comment (2022-06-20): Please update finding as stated in your comments, the other issues have been resolved.


Reviewer Comment (2022-06-20): The loan is qualified using [Redacted] bank statement income with a [Redacted] fixed expense ratio.


Reviewer Comment (2022-06-10): This will be resolved when asset and reserve exception is resolved.


Seller Comment (2022-06-10): Income calc showing [Redacted] used in file, see attached for faster review
 2 C B C B C B C B C B CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
729569031686           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Verified Loan Designation of safe Harbor QM       Reviewer Comment (2022-06-20): Loan is SHQM (APOR).
 06/20/2022 1 B A C A B A C A B A CA Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
729569031686           Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Verified assets in the amount of [redacted] months PITIA are insufficient to meet reserves requirement of [redacted] months PITIA due to missing gift funds receipt verification.       Reviewer Comment (2022-06-15): All gifts verified, exception cleared
 06/15/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
679228238361           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - For [redacted], lender to provide: 1) tax cert that identifies property (document in file does not show address), and 2) current lease for property - [redacted] was provided but per FNMA not usable for non subject property rental income.       Reviewer Comment (2022-07-15): Received,, Clearing.


Seller Comment (2022-07-15): Please see attached lease, borrower had to do some renovations after purchase.  Lease shows [Redacted] rent and only used [Redacted] to qualify.


Reviewer Comment (2022-06-07): Would need exception for the violation from the buyer.


Seller Comment (2022-06-07): REO was purchased on [Redacted] and subject loan closed on [Redacted], with this short time frame borrower does not have a lease available and so 1007 was used as a satisfactory replacement.  Only [redacted]% of the possible rental rate was used to qualify
 07/15/2022 1 C A C A C A C A C A CA Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
161138793305           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Bank Statement income was based on [redacted] months with a Fixed expense ratio of [redacted]       Reviewer Comment (2022-08-17): Accepted as is


Reviewer Comment (2022-06-17): EV2-B


Reviewer Comment (2022-06-17): Initial grade regrade to EV2B


Reviewer Comment (2022-06-17): Intiial Grade Regrade to EV2-B
 2 B B B B B B B B B B CO Primary Refinance - Cash-out - Other   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
161138793305           Compliance Compliance State Compliance Misc. State Level Colorado Consumer Credit Code (First Lien Refinance Notice Not Provided) [redacted] Consumer Credit Code: Borrower not provided First Lien Refinance Notice.         Reviewer Comment (2022-08-17): Accepted as is
 2 B B B B B B B B B B CO Primary Refinance - Cash-out - Other   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
272689006175           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Bank Statement income was based on [redacted] months with a Fixed expense ratio of [redacted]       Reviewer Comment (2022-08-17): Accepted as is


Reviewer Comment (2022-06-17): EV2-B


Reviewer Comment (2022-06-17): Initial grade regrade to EV2B


Reviewer Comment (2022-06-17): Intiial Grade Regrade to EV2-B
 2 B B B B B B B B B B NJ Primary Refinance - Cash-out - Other   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
862796843368           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Bank Statement income was based on [redacted] months with a Fixed Expense Ratio of  [redacted]       Reviewer Comment (2022-08-17): Accepted as is


Seller Comment (2022-06-16): Invalid, verification docs are in file from [redacted], [redacted], [redacted], Processor verification, and Income calc, attached again for faster review.  When acceptable please clear both compliance findings for this file.
 2 C B C B C B C B C B OR Primary Refinance - Cash-out - Other   C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) No
862796843368           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.       Reviewer Comment (2022-06-17): HPQM(APOR)


Buyer Comment (2022-06-16): Related to exception [Redacted].  Please clear after review.
 06/17/2022 1 B A C A B A C A B A OR Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B A A C B A A Higher Priced QM (APOR) Higher Priced QM (APOR) Yes
657016544612           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank  [redacted]): Points and Fees on subject loan of  [redacted]is in excess of the allowable maximum of   [redacted] 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  [redacted] or [redacted]). Missing evidence of undiscounted interest rate and price       Reviewer Comment (2022-06-22): Restated


Seller Comment (2022-06-22): Undiscounted Rate [Redacted]/[Redacted]   Meets QM Points and fees - does not exceed [redacted]% threshold - eligible to exclude [Redacted]bona fide discount points [Redacted].  This is a Non-QM loan.
 06/22/2022 1 C A C A C A C A C A TN Primary Refinance - Rate/Term   C B A A C B A A Safe Harbor QM (APOR) Non QM No
657016544612           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Missing evidence of undiscounted interest rate and price       Reviewer Comment (2022-06-22): Restated


Seller Comment (2022-06-22): This is a Non-QM loan, therefore, Safe Harbor does not apply
 06/22/2022 1 B A C A B A C A B A TN Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B A A C B A A Safe Harbor QM (APOR) Non QM Yes
657016544612           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 (2022-06-15): Sufficient Cure Provided At Closing
 06/15/2022 1 A A A A A A A A A A TN Primary Refinance - Rate/Term Final CD evidences Cure C B A A C B A A Safe Harbor QM (APOR) Non QM Yes
657016544612           Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - General Ability to Repay Ability to Repay (Dodd-Frank  [redacted]): 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. Restated       Reviewer Comment (2022-08-17): Accepted as is
 2 A B B B A TN Primary Refinance - Rate/Term   C B A A C B A A Safe Harbor QM (APOR) Non QM No
837224882121           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Bank Statement income was based on [redacted] months with a Fixed expense ratio of [redacted]       Reviewer Comment (2022-08-17): Accepted as is


Reviewer Comment (2022-06-21): Regraded.


Seller Comment (2022-06-21): Uploaded CPA letter within 10 business days of the note
 2 C B C B C B C B C B CA Second Home Purchase   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
837224882121           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 [redacted] ([redacted]) business days prior to consummation CD issue [redacted] business days prior to closing.       Reviewer Comment (2022-07-15): [Redacted] received proof of receipt.


Seller Comment (2022-07-13): Response:  Please see attached COC with CD dated [Redacted] wet signed by the borrower, which was received and executed at least 3 days prior to the closing - Executed Final CD [Redacted].  This should clear the timing issue per proof of receipt.


Reviewer Comment (2022-07-05): [Redacted]received [Redacted] Final CD.  Final CD issued [Redacted] was again received.  However, the issue is regarding the [Redacted] CD had a change in APR over .[Redacted] for which we did not have proof of receipt by borrower within 3 business days of closing. The [Redacted] CD reflects APR of [Redacted].  The next CD issued [Redacted] then disclosed an APR of [Redacted]  which changed over .[redacted]% and requires that borrower has received that CD at least 3 business days prior to closing.  The[Redacted] CD does not have proof of receipt and so the mailbox rule is in effect which would have a receipt date of [Redacted] which is not 3 business days prior to closing date.  Provide proof of receipt of at least 3 business days prior to closing for the change in APR.


Seller Comment (2022-06-30): Final CD is dated the same day as the note, [Redacted], uploaded CD and receipts


Reviewer Comment (2022-06-28): The [Redacted] CD, does not show a date received.  Please provide proof of receipt for the [Redacted] CD as mail box rule indicates the[Redacted] CD was not received timely.


Seller Comment (2022-06-24): Final CD is dated the same day as the note, [Redacted].  Attached Final CD and Preliminary estimated CD on [redacted].


Reviewer Comment (2022-06-23): Please provide proof of date of receipt for the CD dated [Redacted] for testing.


Seller Comment (2022-06-21): Uploaded Final CD is dated the same day as the note, [Redacted]
 07/15/2022 1 C A C A C A C A C A CA Second Home Purchase TRID timing exception, no remediation available. C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
837224882121           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.       Reviewer Comment (2022-06-21): SHQM (APOR)


Seller Comment (2022-06-21): Valid third party verification of business has been attached.
 06/21/2022 1 B A C A B A C A B A CA Second Home Purchase Lender to provide updated ATR/QM status C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
968304848284           Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ Missing copy of previous insurance policy The representative FICO score exceeds the guideline minimum by at least [redacted]points.

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

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

Borrower has worked in the same position for more than [redacted]years.

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

Borrower has been employed in the same industry for more than [redacted] years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-06-16): Client elects to waive with compensating factors
 06/16/2022 2 C B C B C B C B C B CO Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
968304848284           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Loan qualified using [redacted] month bank statement income with a [redacted] fixed expense ratio.       Reviewer Comment (2022-08-17): Accepted as is


Reviewer Comment (2022-06-29): Regraded.


Seller Comment (2022-06-29): Uploaded VVOE
 2 C B C B C B C B C B CO Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
968304848284           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Loan qualified using [redacted] month bank statement income with a [redacted] fixed expense ratio.       Reviewer Comment (2022-08-17): Accepted as is


Reviewer Comment (2022-06-29): Regraded.


Seller Comment (2022-06-29): Uploaded VVOE
 2 C B C B C B C B C B CO Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
968304848284           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Loan designation is Safe Harbor QM (APOR)       Reviewer Comment (2022-06-29): Loan is SHQM(APOR).
 06/29/2022 1 B A C A B A C A B A CO Second Home Purchase Lender to provide updated ATR/QM status C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
968304848284           Credit Credit Miscellaneous Guideline Credit Exception:   Earnest money funds to purchase property was from business funds and CPA letter was not provided. Prefunding exception approval on file contingent upon receiving a letter of explanation from borrower. The representative FICO score exceeds the guideline minimum by at least [redacted]points.

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

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

Borrower has worked in the same position for more than [redacted]years.

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

Borrower has been employed in the same industry for more than [redacted] years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-06-15): Prefunding exception approval, waived with compensating factors
 06/15/2022 2 B B B B B B B B B B CO Second Home Purchase   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
876812860775           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Bank Statement income was based on [redacted] months with a Fixed expense ratio of  [redacted]       Reviewer Comment (2022-08-17): Accepted as is


Reviewer Comment (2022-06-27): Regraded.


Seller Comment (2022-06-27): CPA Letter dated [Redacted]  was in the file See Attached
 2 C B C B C B C B C B CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
876812860775           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Loan designation failure due to QM failure.  This exception will be cleared once all QM specific exceptions have been cured/cleared.       Reviewer Comment (2022-06-27): Loan is SHQM(APOR).


Buyer Comment (2022-06-27): "Trigger" from Credit Finding  Please Clear
 06/27/2022 1 B A C A B A C A B A CA Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
876812860775           Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: AUS not provided   Missing evidence of agency ineligibility       Reviewer Comment (2022-06-27): Received, Clearing.


Seller Comment (2022-06-27): Rebut UW Cert of  Ineligibility was in file See Attached
 06/27/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
861463326395           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Lender to provide [redacted] and YTD  [redacted] P/L for [redacted] (the  [redacted] entity).       Reviewer Comment (2022-06-21): Received, Clearing.


Seller Comment (2022-06-21): Please see attached extension for the LP and 2 sets of P&Ls, one for [Redacted], one for [Redacted].  All documents are already in file, attached for faster review.


Reviewer Comment (2022-06-20): Received was for [Redacted] we need for [Redacted].


Seller Comment (2022-06-20): Invalid, proof of business taxes extension and YTD signed P&Ls in file, visionet page [Redacted] and [Redacted], attached for faster review
 06/21/2022 1 C A C A C A C A C A TX Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
861463326395           Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Lender to provide two months' most recent [redacted] statements for x[redacted].       Reviewer Comment (2022-06-22): Received, Clearing.


Seller Comment (2022-06-22): Attached 2 months [Redacted] stmts
 06/22/2022 1 C A C A C A C A C A TX Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
861463326395           Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - Partnership General QM: Unable to verify Partnership income using reasonably reliable third-party records. Lender to provide [redacted] and YTD [redacted] P/L fo [redacted] (the  [redacted] entity).       Reviewer Comment (2022-06-21): Received, Clearing.


Buyer Comment (2022-06-21): Uploaded correct business to credit finding


Reviewer Comment (2022-06-20): Received was for [Redacted] we need for [Redacted].


Buyer Comment (2022-06-20): Remedy uploaded under credit finding
 06/21/2022 1 C A C A C A C A C A TX Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
861463326395           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Lender to provide [redacted] and YTD  [redacted] P/L for  [redacted] (the  [redacted] entity).       Reviewer Comment (2022-06-21): Received, Clearing.


Buyer Comment (2022-06-21): Uploaded correct business to credit finding


Reviewer Comment (2022-06-20): Received was for [Redacted] we need for [Redacted]


Buyer Comment (2022-06-20): Remedy uploaded under credit finding
 06/21/2022 1 B A C A B A C A B A TX Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
178773745014           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees 2021 Qualified Mortgage (Dodd Frank  [redacted]): Points and Fees on subject loan of [redacted]is in excess of the allowable maximum of [redacted]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 [redacted] or  [redacted]). Missing evidence of undiscounted interest rate and price to determine if any part of discount points are bone fide       Reviewer Comment (2022-06-24): Received, Clearing.


Buyer Comment (2022-06-24): undiscounted rate/price of [Redacted]
 06/24/2022 1 C A C A C A C A C A NY Primary Refinance - Cash-out - Other   C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
178773745014           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  [redacted] or [redacted].  Sufficient or excess cure was provided to the borrower at Closing. Fee was disclosed on LE as [redacted] and on Closing Disclosure as  [redacted] a cure for  [redacted] was provided.       Reviewer Comment (2022-06-16): Sufficient Cure Provided At Closing
 06/16/2022 1 A A A A A A A A A A NY Primary Refinance - Cash-out - Other Final CD evidences Cure C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
178773745014           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Loan designation missing due to Third party verification.       Reviewer Comment (2022-06-24): QM


Seller Comment (2022-06-22): Based on the rate stack, the loan passes the QM [Redacted] Points & Fees with the benefit of excluding one discount based on the undiscounted rate.
 06/24/2022 1 B A C A B A C A B A NY Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
212440933824           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. Borrower was not provided with a COC       Reviewer Comment (2022-06-16): Sufficient Cure Provided At Closing
 06/16/2022 1 A A A A A A A A A A CA Primary Purchase Final CD evidences Cure C B C B A B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
212440933824           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing copy of [redacted] and [redacted] 1065 tax documents.  All documentation is subject to review and additional requirements may apply.       Reviewer Comment (2022-06-21): Received, Clearing.


Seller Comment (2022-06-21): Documents attached.
 06/21/2022 1 C A C A C A C A C A CA Primary Purchase   C B C B A B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
212440933824           Credit Credit Miscellaneous Guideline Credit Exception:   Missing P&L signed and dated by the borrower for [redacted] Investors ending  [redacted].       Reviewer Comment (2022-06-20): Received, Clearing.


Seller Comment (2022-06-20): Uploaded P&L sheets
 06/20/2022 1 C A C A C A C A C A CA Primary Purchase   C B C B A B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
212440933824           Credit Credit Miscellaneous Guideline Credit Exception:   Verification of [redacted] months housing history is missing for [redacted] as now lives rent free and letter provided due to sale of primary residence.  Lender Exception approval provided with comp factors:
Reserves; same job; Equity; etc.		 The representative FICO score exceeds the guideline minimum by at least [redacted] points.

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

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

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

Borrower's monthly mortgage payment has decreased by at least [redacted]%.

Borrower has worked in the same position for more than [redacted] years.

Borrower has been employed in the same industry for more than [redacted] years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-06-16): Pre-funding exception approved, waived with compensating factors.
 06/16/2022 2 B B B B B B B B B B CA Primary Purchase   C B C B A B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
212440933824           Compliance Compliance Federal Compliance ATR/QM Defect Self-Employed Tax Return Recency - QM General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date [redacted],  Most Recent Tax Return End Date[redacted], Tax Return Due Date [redacted].         Reviewer Comment (2022-08-17): Accepted as is


Reviewer Comment (2022-06-22): The filing of an extension is a requirement by the IRS when the tax returns are not filed timely. The [redacted] level exception is cited to make it clear the income used to qualify is over a year old and the due date of the current tax return has already passed


Seller Comment (2022-06-22): Uploaded 1065s
 2 B B B B B CA Primary Purchase   C B C B A B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
722842258802           Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - VOE not provided for both previous employers, as prior employment was not for the entire year of [redacted] both are needed. [redacted] is asking for [redacted] and [redacted] from the prior year in which we only have [redacted] from [redacted]. but are missing it from [redacted].       Reviewer Comment (2022-07-13): Received, Clearing.


Seller Comment (2022-07-13): Uploaded W2s
 07/13/2022 1 C A C A C A C A C A FL Investment Purchase   C A C A A A A A   N/A No
722842258802           Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - VOE not provided for both previous employers, as prior employment was not for the entire year of [redacted] both are needed.       Reviewer Comment (2022-07-13): Received, Clearing.


Seller Comment (2022-07-13): Uploaded W2s
 07/13/2022 1 C A C A C A C A C A FL Investment Purchase   C A C A A A A A   N/A No
368462848188           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank[redacted]): Points and Fees on subject loan of[redacted] is in excess of the allowable maximum of  [redacted] 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[redacted] or [redacted]).         Reviewer Comment (2022-07-01): Received, Clearing.


Seller Comment (2022-07-01): The loan passes the QM [Redacted] threshold with the exclusion of 2 bona fide discount points based on the undiscounted rate of [Redacted], uploaded rate stack
 07/01/2022 1 C A C A C A C A C A CA Primary Purchase   C B C B C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
368462848188           Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - Start/End date of previous employment not verified.       Reviewer Comment (2022-06-28): Prior employement.


Seller Comment (2022-06-28): Uploaded tax transcripts and VVOE
 06/28/2022 1 C A C A C A C A C A CA Primary Purchase   C B C B C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
368462848188           Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file. - Start/End date of previous employment not verified.       Reviewer Comment (2022-06-28): Prior employment.


Seller Comment (2022-06-28): Uploaded VVOE and tax transcripts
 06/28/2022 1 C A C A C A C A C A CA Primary Purchase   C B C B C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
368462848188           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. QM failure due to missing verification of employment to establish employment history.       Reviewer Comment (2022-07-01): Received, Clearing.
 07/01/2022 1 B A C A B A C A B A CA Primary Purchase Lender to provide updated ATR/QM status C B C B C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
368462848188           Credit Credit Credit Calculation / Analysis Credit Guideline Issue:  Insufficient tradelines per credit guidelines   Minimum requirement per guidelines. The representative FICO score is above [redacted].

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

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

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

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

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

Borrower has worked in the same position for more than [redacted] years.

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

Borrower has been employed in the same industry for more than [redacted] years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-06-27): Pre-funding exception for tradelines.
 06/27/2022 2 B B B B B B B B B B CA Primary Purchase   C B C B C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
605119565540           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 was last disclosed as $[redacted] on LE but disclosed as $[redacted] on Final Closing Disclosure.  File does not contain a valid COC for this fee, cure provided at closing.       Reviewer Comment (2022-06-21): Sufficient Cure Provided At Closing
 06/21/2022 1 A A A A A A A A A A TX Second Home Purchase Final CD evidences Cure A A A A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
130100323696           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank [redacted]): Points and Fees on subject loan of (Redacted) is in excess of the allowable maximum of  (Redacted) 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 (Redacted) or .(Redacted)).         Reviewer Comment (2022-06-28): Restated.


Buyer Comment (2022-06-28): Please reinstate to [Redacted]
 06/28/2022 1 C A C A C A C A C A GA Investment Refinance - Cash-out - Other   C B A A C B A A Safe Harbor QM (APOR) Non QM No
130100323696           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Verification of Safe Harbor QM (APOR) not met due to DTI variance and points and fees.       Reviewer Comment (2022-06-28): Restated.


Buyer Comment (2022-06-28): Please reinstate to [Redacted]
 06/28/2022 1 B A C A B A C A B A GA Investment Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B A A C B A A Safe Harbor QM (APOR) Non QM Yes
130100323696           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. Client elects to restate designation to NonQM         2 A B B B A GA Investment Refinance - Cash-out - Other   C B A A C B A A Safe Harbor QM (APOR) Non QM No
150983391182           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of [Redacted] is in excess of the allowable maximum of  [redacted] 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[Redacted] or [redacted]). Missing evidence of undiscounted interest rate and price to determine if any portion of discount points is considered bona fide       Reviewer Comment (2022-07-05): Restated.


Seller Comment (2022-07-05): Undiscounted Rate is [Redacted].
 07/05/2022 1 C A C A C A C A C A NY Investment Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM (APOR) Non QM No
150983391182           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Missing evidence of undiscounted interest rate and price to determine if any portion of discount points is considered bona fide       Reviewer Comment (2022-07-05): Restated.


Buyer Comment (2022-07-05): Please reinstate to [Redacted]
 07/05/2022 1 B A C A B A C A B A NY Investment Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM (APOR) Non QM Yes
150983391182           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing:   Per Freddie Mac guidelines, Withdrawals of assets from the business may have a negative impact on the ability of the business to continue operating. When business assets are being used for the Down Payment, Closing Costs and/or reserves, the Seller must determine that the withdrawal of the funds will not have a detrimental effect on the business. In addition to a review and analysis of the personal and business tax returns, the Seller may review and analyze the current financial statement and/or the last three months of the business bank statements to confirm the deposits, withdrawals and balances are supportive of a viable business and are aligned with the level and type of income and expenses reported on the business tax returns.       Reviewer Comment (2022-06-24): Received, Clearing.


Seller Comment (2022-06-24): CPA Letter that states the use of business funds will not adversely affect the business operations.
 06/24/2022 1 C A C A C A C A C A NY Investment Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM (APOR) Non QM No
150983391182           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. Restated.         2 A B B B A NY Investment Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM (APOR) Non QM No
694315312914           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. The Bank Statement income was based on [Redacted] with a Fixed Expense Ratio of [Redacted]       Reviewer Comment (2022-08-17): Accepted as is
 2 B B B B B B B B B B FL Primary Refinance - Rate/Term   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
694315312914           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 [redacted] ([redacted]) business days prior to consummation. Borrower did not acknowledge that they received an appraisal and there is no notice of Appraisal in file.       Reviewer Comment (2022-08-17): Accepted as is
 2 B B B B B B B B B B FL Primary Refinance - Rate/Term   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
112056266946           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 [redacted]% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2022-06-23): Sufficient Cure Provided At Closing
 06/23/2022 1 A A A A A A A A A A PA Primary Purchase Final CD evidences Cure C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
112056266946           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk. Verified Loan Designation of Safe Harbor QM       Reviewer Comment (2022-06-27): Received, Clearing.


Seller Comment (2022-06-27): Updated 1008 with fixed DTI (added BR2 Income)
 06/27/2022 1 B A C A B A C A B A PA Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
112056266946           Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Investor Guidelines Violation General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.         Reviewer Comment (2022-06-27): Received, Clearing.


Seller Comment (2022-06-27): Updated 1008 with fixed DTI (added BR2 Income)
 06/27/2022 1 C A C A C A C A C A PA Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
112056266946           Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: Investor qualifying total debt ratio discrepancy.   Max DTI is[redacted] and exceed guideline requirements with the LTV over[redacted].       Reviewer Comment (2022-06-27): Received, Clearing.


Seller Comment (2022-06-27): Updated 1008 with fixed DTI (added BR2 Income)
 06/27/2022 1 C A C A C A C A C A PA Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
112056266946           Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Investor and QM DTIs match and both moderately exceed Guidelines General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of [redacted]% moderately exceeds the guideline maximum of [redacted]%. (DTI Exception is eligible to be regraded with compensating factors.)         Reviewer Comment (2022-06-27): Received, Clearing.


Seller Comment (2022-06-27): Updated 1008 with fixed DTI (added BR2 Income)
 06/27/2022 1 C A C A C A C A C A PA Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
776317655251           Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - [redacted]Less Than [redacted]Percent General QM: Unable to verify K-1 (Less than[redacted]Ownership) income using reasonably reliable third-party records. Lender to provide[redacted] P/L for [redacted].       Reviewer Comment (2022-07-13): Income documents meet guideline requirements.


Reviewer Comment (2022-07-13): Exception is for [Redacted] and [Redacted] is what was received. Exception remains.


Seller Comment (2022-07-13): Uploaded CPA documentation


Reviewer Comment (2022-07-12): This exception is set due to missing [redacted] K-1 for business less than [Redacted]. Exception remains


Seller Comment (2022-07-12): Signed and Dated [redacted] business returns for [Redacted]


Reviewer Comment (2022-07-11): Business returns received however they are not signed/dated. Exception remains


Seller Comment (2022-07-11): [redacted] business returns for [Redacted]


Reviewer Comment (2022-06-28): Missing the [redacted] or [redacted] extension


Seller Comment (2022-06-28): Uploaded [redacted] extension


Reviewer Comment (2022-06-24): Missing the [redacted] business return or extension


Seller Comment (2022-06-24): P&L statements for borrower's businesses.
 07/13/2022 1 C A C A C A C A C A FL Second Home Purchase   C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
776317655251           Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - [redacted] General QM: Unable to verify S-Corp income using reasonably reliable third-party records. Lender to provide[redacted]P/L for [redacted]       Reviewer Comment (2022-07-12): Signed and dated tax returns received


Seller Comment (2022-07-12): Signed and Dated [redacted] business returns for [Redacted]


Reviewer Comment (2022-07-11): Business returns received however they are not signed/dated. Exception remains


Seller Comment (2022-07-11): [redacted] business returns for [Redacted]


Reviewer Comment (2022-06-28): Missing the [redacted] or [redacted] extension


Seller Comment (2022-06-28): Uploaded [redacted] extension


Reviewer Comment (2022-06-24): Missing the [redacted] business return or extension


Seller Comment (2022-06-24): P&L statements for borrower's businesses.
 07/12/2022 1 C A C A C A C A C A FL Second Home Purchase   C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
776317655251           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. Fee out of tolerance with sufficient cure.       Reviewer Comment (2022-06-23): Sufficient Cure Provided At Closing
 06/23/2022 1 A A A A A A A A A A FL Second Home Purchase Final CD evidences Cure C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
776317655251           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Due to missing income documents.       Reviewer Comment (2022-07-13): SHQM (APOR)


Reviewer Comment (2022-07-13): Exception is for [Redacted] and [Redacted] is what was received. Exception remains.


Seller Comment (2022-07-12): Signed and Dated [redacted] business returns for [Redacted]


Reviewer Comment (2022-07-11): Business returns received however they are not signed/dated. Exception remains


Seller Comment (2022-07-11): [redacted] business returns for[Redacted]


Reviewer Comment (2022-06-28): Received individual tax return extension. Missing the [redacted] or [redacted] extension


Seller Comment (2022-06-28): Uploaded [redacted]extension


Reviewer Comment (2022-06-24): Missing the [redacted] business returns or extensions


Seller Comment (2022-06-24): P&L statements for borrower's businesses.
 07/13/2022 1 B A C A B A C A B A FL Second Home Purchase Lender to provide updated ATR/QM status C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
438382297261           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of [redacted] is in excess of the allowable maximum of [redacted]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 [redacted] or [redacted]).         Reviewer Comment (2022-07-05): Received, Clearing.


Seller Comment (2022-07-05): Undiscounted Rate is [Redacted].
 07/05/2022 1 C A C A C A C A C A TX Second Home Refinance - Cash-out - Other   C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
438382297261           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Verified Loan Designation of Safe Harbor QM       Reviewer Comment (2022-07-05): Received, Clearing.


Buyer Comment (2022-07-05): Please reinstate to NQM
 07/05/2022 1 B A C A B A C A B A TX Second Home Refinance - Cash-out - Other Lender to provide updated ATR/QM status C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
501774516174           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. The Bank Statement income was based on [redacted] months with a Fixed Expense Ratio of[redacted].       Reviewer Comment (2022-08-17): Accepted as is
 2 B B B B B B B B B B CA Primary Refinance - Limited Cash-out GSE   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
396272468839           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of[redacted] is in excess of the allowable maximum of [redacted] of the Federal Total Loan Amount. Points and Fees total[redacted] on a Federal Total Loan Amount of[redacted]08 vs. an allowable total of [redacted](an overage of[redacted] or [redacted]).         Reviewer Comment (2022-07-01): Received, Clearing.


Buyer Comment (2022-07-01): undiscounted rate/price: [Redacted]. 1 point can be excluded, test passes with bona fide points
 07/01/2022 1 C A C A C A C A C A CA Primary Refinance - Cash-out - Other   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
396272468839           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail.       Reviewer Comment (2022-07-11): SHQM (APOR)


Buyer Comment (2022-07-01): undiscounted rate/price [Redacted] - loan passes with bona fide points
 07/11/2022 1 B A C A B A C A B A CA Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
396272468839           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Bank Statement income based on [redacted] months of bank statements and a CPA letter reflecting an expense ratio of [redacted]       Reviewer Comment (2022-07-11): Regraded.


Seller Comment (2022-07-08): Invalid, Proof of business, ownership and calculation are in file.  [redacted] pages [redacted], [redacted]and [redacted], attached for faster review
 2 B B B B B CA Primary Refinance - Cash-out - Other   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
936595250181           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - The file is missing verification of insurance.       Reviewer Comment (2022-06-28): Received, Clearing.


Buyer Comment (2022-06-28): Verified Property is Comm. HOI is paid by the business: Please Clear.
 06/28/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
936595250181           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Loan qualified using [redacted] month bank statement income with a[redacted]expense ratio.       Reviewer Comment (2022-06-28): Loan designation overridden to SHQM (APOR).
 06/28/2022 1 B A C A B A C A B A CA Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
936595250181           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Bank Statement income was based on [redacted] months with a Fixed expense ratio of [redacted]       Reviewer Comment (2022-08-17): Accepted as is
 2 C B C B C B C B C B CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
922482675931           Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy effective date is after the funds disbursed. Hazard Insurance Policy Effective Date ___; Disbursement Date: ___; Note Date: ___; Transaction Date: ___         Reviewer Comment (2022-07-14): Received, Clearing.


Seller Comment (2022-07-14): Disagree - this is a [redacted]loan that disbursed on[Redacted] and insurance is dated the same day
 07/14/2022 1 C A C A C A C A C A CA Investment Purchase   C A C A A A A A   N/A No
759983891133           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. The Bank Statement income was based on [redacted] months with a Fixed Expense Ratio of[redacted]       Reviewer Comment (2022-08-17): Accepted as is
 2 B B B B B B B B B B NJ Primary Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
962025443172           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Bank statement income based on [redacted]months' statements and expense factor of [redacted]       Reviewer Comment (2022-07-06): SHQM(APOR)


Buyer Comment (2022-07-06): Doc type is acceptable, this should be regraded to a 2
 07/06/2022 1 B A C A B A C A B A CA Second Home Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
962025443172           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Income General QM: Unable to verify bank statement income using reasonably reliable third-party records. Bank statement income based on [redacted] months with a fixed expense ratio of [redacted]       Reviewer Comment (2022-08-17): Accepted as is


Buyer Comment (2022-07-06): Doc type is acceptable, this should be regraded to a 2
 2 C B C B C B C B C B CA Second Home Refinance - Cash-out - Other   C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
962025443172           Credit Title General Title Title Policy Coverage is less than Original Loan Amount. The Title Policy Amount of ___ is less than the note amount of ___ based on the ___ in file. The preliminary title report in file did not disclose the amount of title insurance coverage.  Provide a copy of the final title policy or an addendum to the preliminary report verifying title insurance of at least the loan amount.       Reviewer Comment (2022-08-17): Accepted as is
 2 B B B B B B B B B B CA Second Home Refinance - Cash-out - Other   C B B B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
209521974567           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. Creditor  provided FACTA Credit Score Disclosure on [redacted]       Reviewer Comment (2022-08-17): Accepted as is
 2 B B B B B B B B B B CT Primary Purchase   C B A A C B A A Safe Harbor QM (APOR) Non QM No
209521974567           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - [redacted] Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Originator Loan Designation failing due to high points and fee       Reviewer Comment (2022-07-08): Restated.


Buyer Comment (2022-07-08): Please reinstate to NQM
 07/08/2022 1 B A C A B A C A B A CT Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Safe Harbor QM (APOR) Non QM Yes
209521974567           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of [redacted]is in excess of the allowable maximum of [redacted] 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[redacted] or [redacted]). Verified  Points and Fees on subject loan of [redacted]% is in excess of the allowable maximum of[redacted] 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[redacted] or [redacted]).       Reviewer Comment (2022-07-08): Restated.
 07/08/2022 1 C A C A C A C A C A CT Primary Purchase   C B A A C B A A Safe Harbor QM (APOR) Non QM No
209521974567           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. Restated.       Reviewer Comment (2022-08-17): Accepted as is
 2 A B B B A CT Primary Purchase   C B A A C B A A Safe Harbor QM (APOR) Non QM No
435232313188           Compliance Compliance Federal Compliance Flood Flood Insurance Escrow - Flood not Escrowed for Property in Flood Zone Loan originated post[redacted], the subject property is in a flood zone, flood insurance is not escrowed. Lender to provide copy of flood insurance binder - not in file.       Reviewer Comment (2022-08-17): Accepted as is
 2 B B B B B B B B B B FL Primary Refinance - Cash-out - Other   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
435232313188           Compliance Compliance Federal Compliance Flood Flood Insurance Policy Missing The subject property is in a flood zone, evidence of flood insurance was not provided/obtained. Failure to obtain and disclose required insurance may result in additional federal and/or state compliance violations. Lender to provide copy of flood insurance binder - not in file.       Reviewer Comment (2022-07-15): Flood Insurance received


Seller Comment (2022-07-15): Uploaded HOI invoice and declarations
 07/15/2022 1 C A C A C A C A C A FL Primary Refinance - Cash-out - Other   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
435232313188           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of[redacted] is in excess of the allowable maximum of[redacted]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 [redacted] or [redacted]). Loan fails QM due to points and fees.       Reviewer Comment (2022-07-18): Received, Clearing.


Seller Comment (2022-07-18): Disagree - 1 out of [Redacted] discount points are eligible for bona fide and can be excluded from the P & F calculation; thus the total of [Redacted] is within the allowable of [Redacted]


Reviewer Comment (2022-07-15): Provide evidence of undiscounted rate and price to determine if any portion of discount points are bona fide


Seller Comment (2022-07-15): Disagree - 1 out of [Redacted] discount points are eligible for bona fide and can be excluded from the P & F calculation; thus the total of [Redacted] is within the allowable of [Redacted]
 07/18/2022 1 C A C A C A C A C A FL Primary Refinance - Cash-out - Other   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
435232313188           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Total Property Costs Year [redacted]Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of [redacted]on Final Closing Disclosure provided on [redacted]not accurate. Lender to provide final CD disclosing correct property costs.       Reviewer Comment (2022-08-17): Accepted as is
 2 B B B B B B B B B B FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
435232313188           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. Disclosure was provided at closing.       Reviewer Comment (2022-08-17): Accepted as is
 2 B B B B B B B B B B FL Primary Refinance - Cash-out - Other   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
435232313188           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM[redacted] Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Loan fails QM due to points and fees.       Reviewer Comment (2022-07-18): Received, Clearing.


Reviewer Comment (2022-07-15): Provide evidence of undiscounted rate and price to determine if any portion of discount points are bona fide


Seller Comment (2022-07-15): Disagree - 1 out of [Redacted] discount points are eligible for bona fide and can be excluded from the P & F calculation; thus the total of [Redacted] is within the allowable of [Redacted]
 07/18/2022 1 B A C A B A C A B A FL Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
435232313188           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 [redacted] incorrectly disclosed whether the loan will have an escrow account. Final Disclosure did not state if Borrower declined escrows or Lender does not offer. Lender to provide corrected CD.       Reviewer Comment (2022-08-01): [Redacted] received Letter of Explanation & Corrected Closing Disclosure.


Reviewer Comment (2022-08-01): correcting status


Reviewer Comment (2022-07-19): [Redacted] received Re-draw documents with escrow account along with Post CD,IEAD and First Payment letter.


Buyer Comment (2022-07-18): Docs were provided - we aren't sure why this was rejected


Reviewer Comment (2022-07-18): [Redacted] received Re-draw documents with escrow account along with Post CD ,IEAD and First payment letter.


Seller Comment (2022-07-15): Uploaded redraw documents that will be signed to establish escrow account
 08/01/2022 2 C B C B C B C B C B FL Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
435232313188           Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Borrower does not have [redacted] mos' PITI in reserves in non cash out funds, credit score is <[redacted] so guide 5a is not met. No exception was in file for reserves.       Reviewer Comment (2022-07-21): Received, Clearing.


Seller Comment (2022-07-21): Please find attached update statements, 1008 and 1003 showing the borrower has [Redacted] of personal reserves, the rest of the reserves are coming from the cashout as allowed by guidelines.
 07/21/2022 1 C A C A C A C A C A FL Primary Refinance - Cash-out - Other   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
435232313188           Credit Credit Miscellaneous Guideline Credit Exception:   Borrower does not have sufficient housing history; exception made. The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%.

Borrower has worked in the same position for more than [redacted] years.

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

Borrower has been employed in the same industry for more than [redacted] years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-06-28): Lender made exception with compensating factors.
 06/28/2022 2 B B B B B B B B B B FL Primary Refinance - Cash-out - Other   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
435232313188           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Estimated Escrow Payment Under Disclosed TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [redacted] disclosed an escrow payment for payment stream 1 that does not match the actual payment for the loan.         Reviewer Comment (2022-08-08): [Redacted] received Letter of Explanation, Proof of Delivery, and Corrected CD.


Reviewer Comment (2022-08-08): This is a material exception, and cure requires re-opening of rescission and proof of delivery to complete cure testing.


Seller Comment (2022-08-08): Uploaded PCCD, LOX and shipping information


Seller Comment (2022-08-04): Uploaded PCCD, LOX and evidence of shipping


Reviewer Comment (2022-08-01): [Redacted] received Corrected CD and LOE.  This Corrected CD issued [Redacted]  removed all Estimate Escrow costs in Projected Payments and reflects "No" on Estimate Taxes, Ins & Assessments at [Redacted].  However, there is Flood Insurance required and required to be escrowed at [Redacted] /mo. IEAD also in file reflects taxes and insurance escrowed which is not matching CD.  Only portion of the Homeowner Insurance is escrowed for the flood insurance of the total premium per the policy. Corrected documents to match to escrowed costs.  Corrected CD & LOE to borrower and should correct IEAD to match on costs being escrowed (flood ins only per last corrected CD)


Seller Comment (2022-07-28): Review: PCCD provided for clerical error to complete No Escrow section on CD page 4. See attached PCCD and LOX.


Reviewer Comment (2022-07-25): [Redacted] received IEAD confirming escrowed costs.  Provide copy of LOE to borrower which accompanied the [Redacted] CD to finalize cure.


Seller Comment (2022-07-21): Uploaded re-draw docs for escrow account
 08/08/2022 2 B B B B B FL Primary Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, and Corrected CD C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
435232313188           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Homeowners Insurance Included In Escrow Test TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [redacted] incorrectly disclosed whether Homeowners Insurance is included in escrow.         Reviewer Comment (2022-08-01): [Redacted] received Corrected CD & LOE to borrower correcting to no escrowed.


Seller Comment (2022-07-28): Review: PCCD provided for clerical error to complete No Escrow section on CD page 4. See attached PCCD and LOX.


Reviewer Comment (2022-07-25): [Redacted] received IEAD confirming escrowed costs.  Provide copy of LOE to borrower which accompanied the [Redacted] CD to finalize cure.


Seller Comment (2022-07-21): Uploaded re-draw docs to be signed for escrow
 08/01/2022 1 A A A A A FL Primary Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
435232313188           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Property Taxes Included In Escrow TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [redacted] incorrectly disclosed whether property taxes are included in escrow. Projected Payments: Final Closing Disclosure provided on [redacted] incorrectly disclosed whether property taxes are included in escrow.       Reviewer Comment (2022-08-01): [Redacted] received Corrected CD & LOE to borrower correcting to no escrowed.


Seller Comment (2022-07-28): Review: PCCD provided for clerical error to complete No Escrow section on CD page 4. See attached PCCD and LOX.


Reviewer Comment (2022-07-25): [Redacted] received IEAD confirming escrowed costs.  Provide copy of LOE to borrower which accompanied the [Redacted] CD to finalize cure.


Seller Comment (2022-07-21): Uploaded re-draw docs for escrow account
 08/01/2022 1 A A A A A FL Primary Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
684178078948           Credit Asset Asset Documentation Asset Guideline Issue:Insufficient asset documentation. - Missing most recent [redacted] ([redacted]) month's bank statements required per guidelines.       Reviewer Comment (2022-07-08): Received, Clearing.


Seller Comment (2022-07-08): Uploaded Bank Statement from [redacted] which was in File
 07/08/2022 1 C A C A C A C A C A FL Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
742950338247           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 (2022-07-18): Exception Detail Updated from: ECOA Valuations Rule  [Redacted] : Date valuation provided to applicant is prior to the date when valuation was performed.  Unable to determine compliance with appraisal timing requirements.  [Redacted]
 2 B B B B B B B B B B FL Primary Refinance - Cash-out - Other   C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) No
742950338247           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of Safe Harbor QM (APOR). Verified Loan designation of Higher Priced QM       Reviewer Comment (2022-07-18): Restated.


Buyer Comment (2022-07-18): Please restate to Safe Harbor


Reviewer Comment (2022-07-18): We reflect as Safe Harbor QM  [Redacted]


Buyer Comment (2022-07-18): Based on wording, not sure if you are in agreement with designation of Rebuttable Presumption or not. Seems the designation has been confirmed as originally passed to you
 07/18/2022 1 B A C A B A C A B A FL Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) Yes
742950338247           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 sufficient cure provided       Reviewer Comment (2022-07-18): [Redacted]  Upon further review, sufficient cure was provided at closing.


Seller Comment (2022-07-15): Uploaded PCCD, LOX, check and shipping label


Reviewer Comment (2022-07-15): [Redacted] - Cure provided at closing is not sufficient to cure all  [Redacted]  exceptions including (Transfer Taxes) since COC dated  [Redacted]  does not provide a valid reason for increase in transfer taxes. Exception will be cleared once resolution/cure received for other  [Redacted]  exception (transfer taxes). Exception remains.


Buyer Comment (2022-07-14): Final CD reflects cure of [Redacted] for increase in Closing Cost above legal limit
 07/18/2022 1 C A C A C A C A C 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 Higher Priced QM (APOR) Safe Harbor QM (APOR) Yes
742950338247           Credit Credit Miscellaneous Guideline Credit Exception:   Missing 2nd appraisal dated [redacted] - Per invoice in file [redacted], and Email addressing 2nd Appraisal D03, D04.       Reviewer Comment (2022-07-11): 2nd appraisal received, value [Redacted]


Seller Comment (2022-07-11): Document attached.
 07/11/2022 1 C A C A C A C A C A FL Primary Refinance - Cash-out - Other   C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) No
742950338247           Credit Loan Package Documentation Application / Processing Loan Package Documentation Mismatch of data related to Occupancy.   Appraisal signed [redacted] indicates the property is tenant occupied, however the subject transaction is a primary residence refinance       Reviewer Comment (2022-07-11): Received, Clearing.


Seller Comment (2022-07-11): Uploaded appraisal used at closing states Primary. LOX was in the file at time of closing
 07/11/2022 1 A A A A A FL Primary Refinance - Cash-out - Other   C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) No
742950338247           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. COC dated [redacted] does nor provide valid reason for increase in transfer taxes from initially disclosed [redacted] to [redacted] on final CD. A valid COC or cure is required.       Reviewer Comment (2022-07-18): [Redacted]  Received PCCD, LOE, Copy of check and delivery report for the cure provided.
 07/18/2022 2 B B B B 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 Higher Priced QM (APOR) Safe Harbor QM (APOR) Yes
742950338247           Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Safe Harbor QM (APOR) matches the Due Diligence Loan Designation of Safe Harbor QM (APOR). Restated.         2 A B B B A FL Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) No
370803000540           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of [redacted] 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 dues total[redacted].00 per year verified with the Appraisal.  Final CD reflects Estimated Taxes, Insurance & Assessments of [redacted]monthly, correct amount is[redacted] Provide a post-close CD correcting the Escrow Account section on page 4 and Estimated Taxes, Insurance & Assessments on page 1; and a copy of the letter of explanation letter sent to the borrower disclosing the changes made.         2 B B B B B B B B B B FL Second Home Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
728218342656           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted] business days of the Note. -         Reviewer Comment (2022-07-15): Received, Clearing.


Seller Comment (2022-07-15): Use this VVOE instead.


Reviewer Comment (2022-07-14): VVOE in file and received trailing is dated  [Redacted]  which is post closing. Provide VVOE within  [Redacted]  days of closing


Seller Comment (2022-07-14): Invalid, VVOE in file, visionet  [Redacted]  attached for faster review
 07/15/2022 1 C A C A C A C A C A NJ Primary Refinance - Cash-out - Other   C A C A A A A A Non QM Non QM No
201928803725           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 [redacted] ([redacted]) 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 (2022-07-15): [Redacted]  has received valid evidence of LE being sent by an alternative method.


Seller Comment (2022-07-14): Application date is  [Redacted]  and initial disclosure package was created on  [Redacted] .  Uploaded package disclosed via mail out on  [Redacted]  within timing compliance.
 07/15/2022 1 C A C A C A C A C A AZ Primary Refinance - Cash-out - Other   C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
802962068473           Credit Credit AUS Discrepancy / Guidelines Discrepancy Credit AUS Findings: Total cash-out discrepancy. HUD-1 total cash-out of ___ is greater than AUS total cash-out of ___.         Reviewer Comment (2022-07-18): Received, Clearing.


Seller Comment (2022-07-18): Final CD that includes the cash to  [Redacted] , the amount of cash out should not matter unless the cash out was being used for reserves


Reviewer Comment (2022-07-14): Still exceeds the AUS approved of  [Redacted]


Seller Comment (2022-07-14): Final CD that includes the cash to  [Redacted]  has been attached.
 07/18/2022 1 C A C A C A C A C A NY Investment Refinance - Cash-out - Other   C A C A A A A A   N/A No
824720589257           Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized.  Highest level secondary valuation does not support the value used to qualify.; Sec ID: 7   The CDA value is  [redacted] lower than the appraised value.       Reviewer Comment (2022-09-19): Received, Clearing.


Reviewer Comment (2022-08-17): CDA was provided and reflects the greater than [redacted]% variance, we cannot ignore CDA and use Fannie Mae SSR.


Seller Comment (2022-08-17): Uploaded appraisal checklist


Reviewer Comment (2022-08-17): Form provided is blank but greater than [redacted] variance between Appraisal and CDA remains.


Seller Comment (2022-08-17): Appraisal Checklist in regards to the CDA value is lower than the value.
 09/19/2022 1 C A C A C A C A C A CT Primary Purchase   C B A A C B C B Non QM Non QM No
824720589257           Compliance Compliance State Compliance State Defect Connecticut Prepaid Finance Charge [redacted] Abusive Home Loan Lending Practices Act:   Prepaid Finance Charge Fees of[redacted] exceed the greater of[redacted]or [redacted]         Reviewer Comment (2022-07-25): Cure documentation received.


Seller Comment (2022-07-22): Uploaded PCCD, LOX, shipping label and check
 07/25/2022 2 C B C B C B C B C B CT Primary Purchase   C B A A C B C B Non QM Non QM Yes
824720589257           Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized.  Highest level secondary valuation supports the value. There is a lower level tertiary product that does not support the qualifying value.; Sec ID: 22 Note Date:  ___; Lien Position: ___           2 A A A A B CT Primary Purchase   C B A A C B C B Non QM Non QM No
168739722005           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted] business days of the Note. -         Reviewer Comment (2022-07-13): Received, Clearing.


Seller Comment (2022-07-13): Uploaded WVOE, W2's, &1003 showing start date  [Redacted] , Active, and within 10 Days of Closing, Verified  [Redacted]  &  [Redacted]  W2s and Transcripts
 07/13/2022 1 C A C A C A C A C A CA Primary Refinance - Cash-out - Other   C B C A B B B B Non QM Non QM No
168739722005           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.           2 B B B B B B B B B B CA Primary Refinance - Cash-out - Other   C B C A B B B B Non QM Non QM No
168739722005           Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender - The appraisal is in the name of Freedom Mortgage, lender is [redacted].         2 B B B B B B B B B B CA Primary Refinance - Cash-out - Other   C B C A B B B B Non QM Non QM No
168739722005           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - The final 1003 states [redacted] has been on current job with[redacted]. of schools for [redacted] years and [redacted] months, however VOE in file reflects employer name as [redacted], and start date of [redacted], please clarify discrepencies and provide required verification.       Reviewer Comment (2022-07-13): Received, Clearing.


Seller Comment (2022-07-13): Uploaded WVOE, W2's, &1003 showing start date  [Redacted] , Active, and within  [Redacted]  Days of Closing, Verified  [Redacted]  &  [Redacted]  W2s and Transcripts
 07/13/2022 1 C A C A C A C A C A CA Primary Refinance - Cash-out - Other   C B C A B B B B Non QM Non QM No
837454956108           Credit Credit Miscellaneous Guideline Credit Exception:   The file was missing the two most recent [redacted] for the co-borrower's current employment, as required by the guidelines. The file only contained one paystub.       Reviewer Comment (2022-07-11): Received, Clearing.


Seller Comment (2022-07-11): Attached Br 2 Paystubs, Check history and Written VOE
 07/11/2022 1 C A C A C A C A C A CO Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
837454956108           Compliance Compliance Miscellaneous Compliance Compliance Other Compliance Exception (Manual Add)   The file was missing the Loan Estimate delivered to the borrower on [redacted], per the disclosure summary. Please provide for further testing.       Reviewer Comment (2022-07-14): LE dated  [Redacted]  received


Seller Comment (2022-07-14): Uploaded Initial LE, eSign Consent IDS Fulfillment System Package Status Cert showing borrower signatures  [Redacted] , COC for Re-disclosed LE dated  [Redacted] , eSign Consent IDS Fulfillment System Package Status Cert showing borrower signatures  [Redacted]  & Re-disclosed LE dated  [Redacted]
 07/14/2022 1 C A C A C A C A C A CO Second Home Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
220762360367           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of Safe Harbor QM (APOR). The loan was approved as an HPQM APOR loan, however due diligence loan designation result is SHQM APOR.       Reviewer Comment (2022-07-28): Restated.


Buyer Comment (2022-07-28): Please restate as Safe Harbor


Reviewer Comment (2022-07-27): Reviewing with the compliance desk.


Buyer Comment (2022-07-26): The actual APR of [redacted]% is based on the final CD, exceeds APOR + [redacted] which results in a Rebuttable Presumption designation (HPQM) and should be used to complete the calculation. The reg defines a Higher Priced covered transaction as "a covered transaction with an annual percentage rate that exceeds the average prime offer rate for a comparable transaction as of the date the interest rate is set by [redacted] or more percentage points....".


Reviewer Comment (2022-07-22): Our finding is SHQM APOR.


Buyer Comment (2022-07-22): This isn't a finding for the [redacted]% test it's the APR spread test which our initial response covers. Loan is indeed Rebuttable Presumption


Reviewer Comment (2022-07-19): QM points and fees only include [redacted]ysp and  [Redacted]  UW Fee so the calculated apr is  [Redacted]


Buyer Comment (2022-07-19): Disagree, loan APR of  [Redacted]  exceeds APOR of  [Redacted]  by more than  [Redacted] , therefore the loan is higher-priced. Per QM, a loan that is a higher-priced covered transaction (APR exceeds APOR +  [Redacted] ) is still considered QM but is designated as rebuttable presumption
 07/28/2022 1 B A C A B A C A B A OR Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) Yes
220762360367           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Escrowed Property Costs Year 1 -  [redacted] [redacted] Testing TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Escrowed Property Costs over Year 1 of [redacted]on Final Closing Disclosure provided on[redacted] not accurate. The final CD disclosed the amount of Total Property Costs over Year 1 as[redacted]on page 4; however the annual taxes [redacted]) and homeowners insurance ([redacted]) are [redacted] per year. Final CD reflects Estimated Taxes and Insurance of[redacted]monthly, correct amount is [redacted].         2 B B B B B B B B B B OR Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) Yes
220762360367           Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Safe Harbor QM (APOR) matches the Due Diligence Loan Designation of Safe Harbor QM (APOR). Restated.         2 A B B B A OR Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) No
782636654261           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of [redacted] is in excess of the allowable maximum of [redacted] 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 [redacted] or [redacted]).         Reviewer Comment (2022-07-15): Received, Clearing.


Seller Comment (2022-07-15): loan passes the QM[redacted]% threshold with the exclusion of one bona fide discount point, uploaded rate stack
 07/15/2022 1 C A C A C A C A C A NY Investment Refinance - Cash-out - Other   C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
782636654261           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. The loan is failing due to QM points and fees exceeding max allowaable of [redacted]% of the Federal Total Loan Amount.       Reviewer Comment (2022-07-15): Received, Clearing.
 07/15/2022 1 B A C A B A C A B A NY Investment Refinance - Cash-out - Other Lender to provide updated ATR/QM status C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
244640633202           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing copy of the 1084 or income worksheet       Reviewer Comment (2022-07-15): Received, Clearing.


Seller Comment (2022-07-15): Copy of the income worksheet found in file / AUS attached found in File.
 07/15/2022 1 C A C A C A C A C A NY Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
244640633202           Compliance Compliance Federal Compliance ATR/QM Defect QM Points and Fees [redacted] Qualified Mortgage (Dodd Frank 2014): Points and Fees on subject loan of [redacted] is in excess of the allowable maximum of[redacted] 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[redacted] or [redacted]).         Reviewer Comment (2022-07-15): Received, Clearing.


Seller Comment (2022-07-15): Review: 2 out of [redacted]% discount points are bona fide and can be excluded from the total points & fee calculation; thus the total of $[redacted] is within the allowable of $[redacted]. See attached the P & F calculation, rate stack, and DM Compliance Report.
 07/15/2022 1 C A C A C A C A C A NY Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
244640633202           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Loan designation is Safe Harbor QM (APOR). Failure is due to points and fees in excess of maximum allowed.       Reviewer Comment (2022-07-15): Received, Clearing.
 07/15/2022 1 B A C A B A C A B A NY Primary Purchase Lender to provide updated ATR/QM status C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
244640633202           Credit Loan Package Documentation Application / Processing Missing Document  Missing Document: AUS not provided   Per lender guides, an AUS is required to be included in the file. This is missing.       Reviewer Comment (2022-07-15): Received, Clearing.


Seller Comment (2022-07-15): Document attached.
 07/15/2022 1 C A C A C A C A C A NY Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
244640633202           Compliance Compliance Federal Compliance TRID Defect TRID Closing Disclosure Issue Date Not Provided TILA-RESPA Integrated Disclosure: Closing Disclosure estimated to be provided on [redacted] did not disclose the actual Date Issued. Compliance testing may be unreliable using an estimated Date Issued based on best information available. The final CD, signed by the borrower, is missing the issue date.       Reviewer Comment (2022-07-19): [Redacted]  received dated final CD.


Seller Comment (2022-07-15): Review: Please see attached Final CD was signed and dated [Redacted]
 07/19/2022 1 C A C A C A C A C A NY Primary Purchase Good Faith Redisclosure C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
541433136583           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2022-07-22): Received, Clearing.


Seller Comment (2022-07-22): See REO documents with first payment letter and CD
 07/22/2022 1 C A C A C A C A C A CA Investment Refinance - Rate/Term   C B C B A A A A   N/A No
541433136583           Credit Title Document Error Title The Preliminary title policy is within [redacted] or [redacted] and does not reflect a coverage amount (no final title policy in file). Unable to determine if appropriate coverage is provided.           Reviewer Comment (2022-08-17): Accepted as is
 2 B B B B B B B B B B CA Investment Refinance - Rate/Term   C B C B A A A A   N/A No
541433136583           Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility Missing Document: Note - Subordinate Lien not provided           Reviewer Comment (2022-07-21): Received, Clearing.


Seller Comment (2022-07-21): NO SUBORDINATE LIEN
 07/21/2022 1 C A C A C A C A C A CA Investment Refinance - Rate/Term   C B C B A A A A   N/A No
783410129592           Compliance Compliance State Compliance State Defect [redacted] Prepayment Penalty Test [redacted] Prepayment Penalty: Loan prepay term of [redacted] months exceeds state maximum of [redacted] months.         Reviewer Comment (2022-09-27): Accepted as is per client


Reviewer Comment (2022-09-27): Regraded due to preemption.
 2 C B C B C B C B C B RI Investment Purchase   C B A A C B A A N/A N/A No
487243928720           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 Re-Inspection Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2022-07-14): Sufficient Cure Provided At Closing
 07/14/2022 1 A A A A A A A A A A FL Second Home Purchase Final CD evidences Cure C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
487243928720           Credit Income / Employment Income Documentation Income / Employment The verification of employment is required and was not found in file.   The file was missing the third party verification of employment for the Schedule C income. Please provide the third party verification obtained within [redacted] days prior to the Note date.       Reviewer Comment (2022-07-15): Received, Clearing.


Seller Comment (2022-07-15): Uploaded Verification for Business dated within 20 days.
 07/15/2022 1 C A C A C A C A C A FL Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
329633951525           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted] business days of the Note. -         Reviewer Comment (2022-07-21): Received, Clearing.


Seller Comment (2022-07-21): Uploaded VOE
 07/21/2022 1 C A C A C A C A C A CA Primary Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
530813687838           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing third party verification of [redacted] for co-borrower       Reviewer Comment (2022-07-27): Received, Clearing.


Seller Comment (2022-07-27): Income for co borrower is not required. Attached updated 1003 and 1008. Please clear finding.
 07/27/2022 1 C A C A C A C A C A MA Second Home Purchase   C A C A A A A A Non QM Non QM No
485214738154           Credit Missing Document General Missing Document Missing Document: Account Statements - Business not provided   The file is missing a copy of[redacted] business bank statement       Reviewer Comment (2022-07-25): Received, Clearing.


Seller Comment (2022-07-25): Uploaded [redacted]n [redacted] bank statements
 07/25/2022 1 C A C A C A C A C A CA Primary Refinance - Cash-out - Other   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
485214738154           Compliance Compliance Federal Compliance RESPA RESPA Disclosure -  Missing Signature on Affiliated Business Arrangement Disclosure RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure. The file is missing a copy of the signed and dated Affiliated Business Arrangement Disclosure.         2 B B B B B B B B B B CA Primary Refinance - Cash-out - Other   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
485214738154           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - The file is missing a copy of [redacted] business bank statement.       Reviewer Comment (2022-07-25): Received, Clearing.


Seller Comment (2022-07-25): Uploaded [redacted][redacted] bank statements
 07/25/2022 1 C A C A C A C A C A CA Primary Refinance - Cash-out - Other   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
849579916022           Credit Insurance Insurance Documentation Insurance Missing Document: Mortgage Insurance Certificate (MIC) not provided           Reviewer Comment (2022-08-02): Clearing


Reviewer Comment (2022-07-25): Received, Clearing.


Buyer Comment (2022-07-25): Loan does not require Mortgage insurance.  It is a non qm product.
Please waive this condition.
 08/02/2022 1 C A C A C A C A C A NJ Second Home Purchase   C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) No
849579916022           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 [redacted]% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2022-07-21): Sufficient Cure Provided At Closing
 07/21/2022 1 A A A A A A A A A A NJ Second Home Purchase Final CD evidences Cure C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) Yes
849579916022           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of Safe Harbor QM (APOR). Verified loan designation of Higher Priced QM       Reviewer Comment (2022-08-03): Restated.


Seller Comment (2022-08-03): PCCD showing MI has been removed - loan was closed with the payment included but there is no MI policy in place. Confirmed designation is Safe Harbor - please restate


Reviewer Comment (2022-07-27): LAS report provided to [redacted] via email.


Buyer Comment (2022-07-27): Please advise how you have calculated the rate of[redacted]%.


Reviewer Comment (2022-07-25): Our rate is is calculated at [redacted]% which makes it a Safe Harbor QM (APOR).


Seller Comment (2022-07-25): Disagree - the designation of Higher Priced QM is correct based on the loan APR exceeding the APOR + [redacted] threshold.
 08/03/2022 1 B A C A B A C A B A NJ Second Home Purchase Lender to provide updated ATR/QM status C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) Yes
849579916022           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Mortgage Insurance Payment TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [redacted] disclosed a mortgage insurance payment for payment stream [redacted] that does not match the actual payment for the loan. Mortgage insurance certificate is missing therefore unable to verify payment on the closing disclosure       Reviewer Comment (2022-08-16): [redacted] received Letter of Explanation & Corrected Closing Disclosure.


Seller Comment (2022-08-12): PCCD and LOE that were provided to the borrower today. Previous PCCD was for internal testing


Reviewer Comment (2022-08-09): Please provide copy of LOE to complete testing.


Seller Comment (2022-08-05): There is no MI required for this loan. PCCD attached as it was included in error
 08/16/2022 2 C B C B C B C B C B NJ Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) Yes
849579916022           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Projected P&I Min Payment Fixed Rate Subsequent Payments TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on[redacted] disclosed a periodic principal and interest payment for payment stream 2 that does not match the actual payment for the loan. Missing evidence of mortgage insurance       Reviewer Comment (2022-08-16): [Redacted] received Letter of Explanation & Corrected Closing Disclosure.


Seller Comment (2022-08-12): PCCD and LOE that were sent to the borrower today


Reviewer Comment (2022-08-09): Please provide copy of LOE to complete testing.


Seller Comment (2022-08-05): PCCD showing corrected payment. MI wasn't required, no cert in file
 08/16/2022 1 C A C A C A C A C A NJ Second Home Purchase TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) Yes
849579916022           Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Safe Harbor QM (APOR) matches the Due Diligence Loan Designation of Safe Harbor QM (APOR). Restated.         2 A B B B A NJ Second Home Purchase Lender to provide updated ATR/QM status C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) No
849579916022           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 - Tax Certificate Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided at closing.       Reviewer Comment (2022-08-09): Sufficient Cure Provided At Closing
 08/09/2022 1 A A A A A NJ Second Home Purchase Final CD evidences Cure C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) Yes
849579916022           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 $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Sufficient cure provided at closing.       Reviewer Comment (2022-08-09): Sufficient Cure Provided At Closing
 08/09/2022 1 A A A A A NJ Second Home Purchase Final CD evidences Cure C B C A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) Yes
269652525044           Credit Borrower and Mortgage Eligibility Mortgage / Program Eligibility Borrower and Mortgage Eligibility AUS Findings: Investor qualifying total debt ratio discrepancy.   Lender qualified the borrower with subject net qualifying rental of[redacted] however, the actual amount is [redacted]       Reviewer Comment (2022-07-26): Received, Clearing.


Seller Comment (2022-07-26): Updated DU findings that address the subject net rental.
 07/26/2022 1 C A C A C A C A C A CO Investment Purchase   C A C A A A A A   N/A No
269652525044           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - The file is missing copies of [redacted] and  [redacted]  4506-C.       Reviewer Comment (2022-08-01): Received, Clearing.


Seller Comment (2022-08-01): Uploaded 4506C
 08/01/2022 1 C A C A C A C A C A CO Investment Purchase   C A C A A A A A   N/A No
751441053442           Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay Provision Employment - W-2 Ability to Repay (Dodd-Frank 2014): Unable to verify current Wages/W-2 employment status using reasonably reliable third-party records. VVOE provided was after the note/closing date, provide VVOE dated prior to the closing date as stated on the Approval.       Reviewer Comment (2022-08-01): Received, Clearing.


Seller Comment (2022-08-01): Uploaded VOE


Reviewer Comment (2022-07-29): Note was signed  [Redacted]  so vvoe would need to be prior to then.


Seller Comment (2022-07-29): Attached VOE to clear finding.
 08/01/2022 1 C A C A C A C A C A NJ Primary Refinance - Cash-out - Other   C A A A C A A A Non QM Non QM No
751441053442           Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Due to unreliable third party verification provided. Provide reliable third party verification       Reviewer Comment (2022-08-01): Received, Clearing.
 08/01/2022 1 A A A A A A A A A A NJ Primary Refinance - Cash-out - Other   C A A A C A A A Non QM Non QM No
751441053442           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 designation does not match due to the missing/ unreliable third party verification/VVOE provided. Provide VVOE [redacted] days prior to the note date.       Reviewer Comment (2022-08-01): Received, Clearing.


Reviewer Comment (2022-07-29): Note was signed  [Redacted]  so vvoe would need to be prior to then.


Seller Comment (2022-07-29): Attached VOE to clear finding.
 08/01/2022 1 B A C A B A C A B A NJ Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C A A A C A A A Non QM Non QM Yes
239322039782           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 was not disclosed on LE and it was disclosed on Closing disclosure  as $[redacted].A cure was provided to the borrower at Closing.       Reviewer Comment (2022-07-22): Sufficient Cure Provided At Closing
 07/22/2022 1 A A A A A A A A A A FL Primary Refinance - Cash-out - Other Final CD evidences Cure B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
239322039782           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 Re-Inspection Fee.  Fee Amount of $[redacted] exceeds tolerance of $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Appraisal  Re-Inspection  was not disclosed on LE and it was disclosed on Closing disclosure  as $[redacted].A cure was provided to the borrower at Closing.       Reviewer Comment (2022-07-22): Sufficient Cure Provided At Closing
 07/22/2022 1 A A A A A A A A A A FL Primary Refinance - Cash-out - Other Final CD evidences Cure B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
239322039782           Credit Credit Miscellaneous Guideline Credit Exception:   Hazard insurance company is not rated by AM Best The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%.

Borrower has worked in the same position for more than [redacted] years.

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

Borrower has been employed in the same industry for more than [redacted] years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-07-22): Prefunding lender exception approval, waived with compensating factors
 07/22/2022 2 B B B B B B B B B B FL Primary Refinance - Cash-out - Other   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
239322039782           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. Appraisal receipt is dated prior to the appraisal signature date. Provide earlier dated appraisal for accurate compliance testing         2 B B B B B B B B B B FL Primary Refinance - Cash-out - Other   B B B B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
479362733862           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: -         Reviewer Comment (2022-07-28): Received, Clearing.


Seller Comment (2022-07-28): Uploaded income calculations
 07/28/2022 1 C A C A C A C A C A FL Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
479362733862           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.           2 B B B B B B B B B B FL Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
479362733862           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. Verified earliest flood disclosure was signed [redacted]         2 B B B B B B B B B B FL Second Home Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
479362733862           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] Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD       Reviewer Comment (2022-08-03): [Redacted]  received additional information on pricing change for valid changed circumstance.


Seller Comment (2022-08-01): pricing adjustment that occurred on  [Redacted]  is for the loan amount increase as well as a change in DTI/LTV upon further review. Screenshot from original submission shows this adjustment as a separate line item (lock suspended- DTI) and was done on the same day as the update for increase in loan amount, uploaded rate lock


Reviewer Comment (2022-07-29): [Redacted] received  [Redacted] CD and changed circumstance.  Reason stated and comment rebuttal state reason for decrease in lender credit is due to loan amount.  However, the lender credit percentage did not change proportionately to the loan amount.  Lender credit went from  [Redacted]  on final LE on  [Redacted]  loan amount to  [Redacted]  on  [Redacted]  CD on  [Redacted]  loan amt.  If change had been proportionate, the lender credit would have increased with the loan amount increase and lender credit on final LE was [redacted]%.  Provide additional reasons/information for the change or cure is required.


Seller Comment (2022-07-27): Uploaded COC CD showing lock adjustment due to loan amount increase, loan amount increased to  [Redacted]  along with evidence of lock and pricing adjustment due to change in loan amount on  [Redacted] .
 08/03/2022 1 C A C A C A C A C 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 Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
442524977044           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of Safe Harbor QM (APOR). Loan is SHQM.       Reviewer Comment (2022-07-27): Restated.


Buyer Comment (2022-07-27): Please provide your APR and fees included in the APR calc. Based on our DocMagic test, this loan exceeds APOR by [redacted]%+
 07/27/2022 1 B A C A B A C A B A NJ Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B A A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) Yes
442524977044           Compliance Compliance Federal Compliance ATR/QM Defect Check Restated Loan Designation Match - QM / ATR Ability to Repay / Qualified Mortgage (Dodd-Frank 2014): The initial Loan Designation provided did not match, however, the updated Loan Designation of Safe Harbor QM (APOR) matches the Due Diligence Loan Designation of Safe Harbor QM (APOR). Restated.         2 A B B B A NJ Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C B A A C B A A Higher Priced QM (APOR) Safe Harbor QM (APOR) No
108682444149           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 on[redacted]         2 B B B B B B B B B B FL Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
108682444149           Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Borrower has verified in file EMD for[redacted] and [redacted] in assets. Final closing disclosure reflects[redacted] for EMD and [redacted] from borrower. Missing verification of additional EMD deposits.       Reviewer Comment (2022-09-20): Additional assets received


Seller Comment (2022-09-20): Comment from  [Redacted] e ([redacted]):  [Redacted]  Account uploaded with  [Redacted]  funds and added to AUS and rerun.  Attached [redacted] months statements and Updated AUS.


Reviewer Comment (2022-09-07): Gift of equity letter is used when the seller is gifting property equity to the buyer in a transaction. Gift letter from daughter is required, along with evidence of receipt of gift and transfer of gift.


Seller Comment (2022-09-07): Comment from [Redacted]  ([redacted]): Updated and  [Redacted]  Final Gift Letter from  [Redacted]  for [Redacted] , to the borrower for  [Redacted]  Savings account ending in  [Redacted]  that was used in the file.


Reviewer Comment (2022-09-06): Gift letter provided is not dated now which is still not valid. exception will remain.


Seller Comment (2022-09-06): Comment from  [Redacted] ([redacted]): Uploaded Updated Gift Letter from  [Redacted]  for  [Redacted] , to the borrower for  [Redacted]  Savings account


Reviewer Comment (2022-08-31): Gift letter provided is dated after the closing.


Seller Comment (2022-08-31): Gift Letter from  [Redacted]  for  [Redacted]  to the borrower for  [Redacted]  account ending in  [Redacted]  that was used in the file.


Reviewer Comment (2022-08-24): Bank statement provided ends [Redacted] . The most recent statement on file is dated  [Redacted] , with a balance of  [Redacted] . This has already been counted towards assets, in addition to the  [Redacted]  EMD withdrawn on  [Redacted] . Exception remains.


Seller Comment (2022-08-24): Disagree - uploaded AUS, 1008 and Guidelines, along with the [redacted] Statement for the Borrower [redacted] [Redacted]  showing full amount of the required reserves.


Reviewer Comment (2022-08-17): Documentation received trailing for another transaction. Exception re-opened. Most recent [redacted][redacted][Redacted] balance =  [Redacted] , [redacted] dated  [Redacted]  ending  [Redacted] , ending  [Redacted]    [Redacted] . EMD  [Redacted] . Total cash to close  [Redacted] . Required to close  [Redacted]


Buyer Comment (2022-08-17): Waived - Documentation in original file


Reviewer Comment (2022-08-17): Re-opened


Reviewer Comment (2022-08-17): Documentation in original file


Reviewer Comment (2022-08-17): Re-open to cancel


Reviewer Comment (2022-07-28): Received, Clearing.


Seller Comment (2022-07-28): Uploaded EMD Gift Letter and Letter showing the EMD in escrow.
 09/20/2022 1 C A C A C A C A C A FL Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
108682444149           Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline Guideline Requirement: PITIA reserves months discrepancy.   Missing verification of additional EMD deposits       Reviewer Comment (2022-09-20): Additional assets received


Seller Comment (2022-09-20): Comment from  [Redacted] ([redacted]): [Redacted]  Account uploaded with v+ funds and added to AUS and rerun.  Attached[redacted] months statements and Updated AUS.


Reviewer Comment (2022-09-07): Gift of equity letter is used when the seller is gifting property equity to the buyer in a transaction. Gift letter from daughter is required, along with evidence of receipt of gift and transfer of gift.


Seller Comment (2022-09-07): Comment from [redacted] ([redacted]): Updated and Dated Final Gift Letter from [redacted] for [redacted], to the borrower for [redacted] account ending in [redacted] that was used in the file.


Reviewer Comment (2022-09-06): Gift letter provided is not dated now which is still not valid. exception will remain.


Seller Comment (2022-09-06): Comment from  [Redacted]  ([redacted]): Uploaded Updated Gift Letter from  [Redacted]  for  [Redacted] , to the borrower for  [Redacted]  Savings account


Reviewer Comment (2022-08-31): Gift letter provided is dated after the closing.


Seller Comment (2022-08-31): Gift Letter from [Redacted]  for [Redacted] , to the borrower for  [Redacted] Savings account ending in [Redacted]  that was used in the file.


Reviewer Comment (2022-08-24): Bank statement provided ends  [Redacted]  The most recent statement on file is dated  [Redacted] , with a balance of  [Redacted] . This has already been counted towards assets, in addition to the  [Redacted]  EMD withdrawn on  [Redacted] . Exception remains.


Seller Comment (2022-08-24): Disagree - uploaded AUS, 1008 and Guidelines, along with the[redacted] Statement for the Borrower [redacted]  [Redacted]  showing full amount of the required reserves.


Reviewer Comment (2022-08-18): We currently have verified assets of  [Redacted] . With earnest money deposit and required cash to close  [Redacted]  so we are short funds for closing and reserves.


Seller Comment (2022-08-18): Disagree - Per the AUS/Guidelines there are enough funds that is required to close


Reviewer Comment (2022-08-17): Documentation received trailing for another transaction. Exception re-opened. Most recent[redacted]  [Redacted]  balance =  [Redacted] , [redacted] dated  [Redacted]  ending  [Redacted] , ending [Redacted] . EMD  [Redacted] . Total cash to close  [Redacted] . Required to close  [Redacted] . Additional [redacted]account in file however, it is in the name of the borrower's child and not used towards funds to close/reserves


Reviewer Comment (2022-07-28): Received, Clearing.


Seller Comment (2022-07-28): Uploaded EMD Gift Letter and Letter showing the EMD in escrow.
 09/20/2022 1 C A C A C A C A C A FL Second Home Purchase   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
441630088115           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 (2022-07-28): Sufficient Cure Provided At Closing
 07/28/2022 1 A A A A A A A A A A IN Primary Purchase Final CD evidences Cure A A A A A A A A Non QM Non QM Yes
633123754731           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. No COC or cure was provided to Borrower for tolerance overages       Reviewer Comment (2022-07-28): Sufficient Cure Provided At Closing
 07/28/2022 1 A A A A A A A A A A NJ Primary Purchase Final CD evidences Cure B B A A A A B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
633123754731           Property Property - Appraisal Appraisal Reconciliation Property - Appraisal Appraisal is required to be in name of Lender - Missing appraisal transfer letter.         2 B B B B B B B B B B NJ Primary Purchase   B B A A A A B B Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
829753776774           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. The date of receipt on file is dated prior to the appraisal signature date.         2 B B B B B B B B B B CA Primary Refinance - Cash-out - Home Improvement   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
829753776774           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - 1084or income worksheet missing       Reviewer Comment (2022-08-05): Received, Clearing.


Seller Comment (2022-08-05): Uploaded income calculator
 08/05/2022 1 C A C A C A C A C A CA Primary Refinance - Cash-out - Home Improvement   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
401181020362           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized, and was originated with an Appraisal Waiver. The supporting secondary valuation is missing.; Sec ID: 36   Per guidelines, a primary and secondary valuation are required       Reviewer Comment (2022-08-10): Received, Clearing.
 08/10/2022 1 D A B A D A D A D A CA Primary Refinance - Rate/Term   D C A A B B D C Safe Harbor QM Safe Harbor QM No
401181020362           Compliance Compliance Federal Compliance TRID Defect TRID Interim Closing Disclosure Timing Test TILA-RESPA Integrated Disclosure – Corrected Closing Disclosure provided on or after 02/18/2021 contains a change in APR and was not received by borrower at least three (3) business days prior to consummation         Reviewer Comment (2023-01-06): Accept as is


Reviewer Comment (2022-08-15): SitusAMC received rebuttal.  However, the 2-16-21 CD reflected an APR of 2.039% which was then changed over the ,125% threshold for which a 3 business day waiting period is required prior to "consummation", which the 2-18 CD and signed by borrwer on 2-19 reflected APR of 2,527%. AMC recognizes that fees can be updated in dry states.  Our testing methodology remains the same.  AMC only considers clearing exceptions if we receive evidence or an attestation that the change in fees reflected on the PCCD result from events that occurred after closing.  Per 1026.19(f)(2)(ii), the borrower must receive a corrected disclosure at least three business days prior to consummation. For TILA/Reg Z purposes, consummation is defined as the time that a consumer becomes contractually obligated on a credit transaction. This would be evidenced by the date the consumer executes the Note. The standard Fannie Mae/ Freddie Mac documents do not include a place for the consumer to date their signature to evidence the date they executed the document. The Security Instrument, is typically executed concurrently with the Note. This document is notarized with the date by the Notary. Therefore, the Notary date is used to evidence the date of consummation.  On this loan the security instrument was notarized on 2-19-21.


Seller Comment (2022-08-11): REBUTTAL
 2 B B B B B B B B B B CA Primary Refinance - Rate/Term TRID timing exception, no remediation available. D C A A B B D C Safe Harbor QM Safe Harbor QM No
401181020362           Property Appraisal Reconciliation Value Discrepancy Appraisal Reconciliation Loan is to be securitized, and was originated with an Appraisal Waiver. Secondary Valuation supports value. Sec ID: 89 Lien Position: ___         Reviewer Comment (2022-12-15): Accepted as is per client
 2 B B B C B CA Primary Refinance - Rate/Term   D C A A B B D C Safe Harbor QM Safe Harbor QM No
210093415289           Credit Loan Package Documentation Application / Processing Loan Package Documentation FEMA Disaster Issue: The most recent valuation inspection is dated prior to the most recent FEMA disaster.   The property is located in a FEMA disaster area.  Provide a post-disaster inspection verifying there was no damage.  The inspection must include exterior photos and the property must be re-inspected on or after [redacted].       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): DAIR
 08/11/2022 1 C A C A C A C A C A NY Primary Refinance - Cash-out - Other   C A C A C A A A Safe Harbor QM Non QM No
210093415289           Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   There are not enough assets to cover cash from borrower. Additional assets required.       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): Bank Statement
 08/11/2022 1 C A C A C A C A C A NY Primary Refinance - Cash-out - Other   C A C A C A A A Safe Harbor QM Non QM No
210093415289           Compliance Compliance Federal Compliance ATR/QM Defect Retirement Documentation Qualified Mortgage (Dodd-Frank 2014): Retirement income documentation insufficient. Missing award letter for J[redacted], Inc.       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): Retirement Docs
 08/11/2022 1 C A C A C A C A C A NY Primary Refinance - Cash-out - Other   C A C A C A A A Safe Harbor QM Non QM No
210093415289           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM. Missing award letter for [redacted], Inc.       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): Retirement Docs
 08/11/2022 1 B A C A B A C A B A NY Primary Refinance - Cash-out - Other Lender to provide updated ATR/QM status C A C A C A A A Safe Harbor QM Non QM Yes
210093415289           Credit Credit AUS Discrepancy / Guidelines Discrepancy Guideline AUS Findings: All conditions were not met   [redacted] due to DTI. Per 1008, loan was approved using AUS with a recommendation of approve/eligible, however this is missing from the file.       Reviewer Comment (2022-08-19): Updated 1008 received


Seller Comment (2022-08-19): 1008
 08/19/2022 1 C A C A C A C A C A NY Primary Refinance - Cash-out - Other   C A C A C A A A Safe Harbor QM Non QM No
322628533534           Property Property - Appraisal Appraisal Documentation Property - Appraisal Missing Document: Appraisal was made "subject to" and Form 1004D/442 was not provided. -   The representative FICO score is above 680.

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%.

The Loan to Value (LTV) on the loan is less than or equal to 70%.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Buyer Comment (2022-08-18): Waived - Client elects to waive with compensating factors


Reviewer Comment (2022-08-18): Property exception cannot be downgraded


Reviewer Comment (2022-08-18): Client elects to waive with compensating factors
 3 C C C C C C C C C C CA Primary Refinance - Cash-out - Other   C C A A C A C C Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
322628533534           Compliance Compliance Federal Compliance RESPA RESPA Disclosure -  Missing Signature on Affiliated Business Arrangement Disclosure RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure.         Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): Please see attached
 08/11/2022 1 B A B A B A B A B A CA Primary Refinance - Cash-out - Other   C C A A C A C C Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
322628533534           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 $21.70 exceeds tolerance of $20.00.  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2022-08-09): Sufficient Cure Provided At Closing
 08/09/2022 1 A A A A A A A A A A CA Primary Refinance - Cash-out - Other Final CD evidences Cure C C A A C A C C Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
322628533534           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).         Reviewer Comment (2022-08-12): RTC exception has been cancelled based on treatment of 6/19 (Juneteenth Holiday) as a business day due to rescission period starting on or before 6/17/21.


Seller Comment (2022-08-11): Finding is invalid. Please see RTC calendar
 08/12/2022 1 C A C A C A C A C A CA 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 C A A C A C C Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
256998328102           Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least [redacted] ([redacted]) business days prior to closing, and appraisal was not provided at or before closing. Evidence of appraisal receipt is missing from the file       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): Proof of Delivery with appraisal


Reviewer Comment (2022-08-10): Delivery receipt shows  [Redacted]  but appraisal in the file has a report date of  [Redacted] . Need the earlier appraisal or the receipt for the  [Redacted]  appraisal report.


Seller Comment (2022-08-10): Proof Appraisal delivery
 08/11/2022 1 B A B A B A B A B A GA Primary Refinance - Cash-out - Other   B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
127434281143           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 [redacted] ([redacted]) business days from transaction date of [redacted] The earliest eligible disbursement date would be[redacted], as [redacted] was a holiday. Provide Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form to cure       Reviewer Comment (2022-08-29): Letter of Explanation, Proof of Delivery and Rescission reopened using the correct model form received


Seller Comment (2022-08-29): Rescission Period has ended, please clear.


Reviewer Comment (2022-08-24): Please re-queue loan after  [Redacted] , after rescission period ends


Seller Comment (2022-08-23): Please see updated RTCs, LOE and Overnight [redacted]label attached.  Borrowers will receive new RTCs tomorrow with a cancel date of  [Redacted]


Buyer Comment (2022-08-22): The proof of delivery was the email to the borrower included in the docs that were attached. That is standard procedure for re-opening rescission for [redacted].


Reviewer Comment (2022-08-19): Please provide proof of delivery of RTC


Seller Comment (2022-08-19): Please see attached.
 08/29/2022 2 C B C B C B C B C B MO 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 A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
127434281143           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 earliest eligible disbursement date would be [redacted], as [redacted] was a holiday. Provide Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form to cure       Reviewer Comment (2022-08-29): Letter of Explanation, Proof of Delivery and Rescission reopened using the correct model form received


Seller Comment (2022-08-29): Rescission Period has ended, please clear.


Reviewer Comment (2022-08-24): Please re-queue loan after  [Redacted] , after rescission period ends


Seller Comment (2022-08-23): Please see updated RTCs, LOE and Overnight [redacted]label attached.  Borrowers will receive new RTCs tomorrow with a cancel date of  [Redacted]


Buyer Comment (2022-08-22): The proof of delivery was the email to the borrower included in the docs that were attached. That is standard procedure for re-opening rescission for [redacted].


Reviewer Comment (2022-08-19): Please provide proof of delivery of RTC


Seller Comment (2022-08-19): Please see attached
 08/29/2022 2 C B C B C B C B C B MO 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 A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
127434281143           Credit Income / Employment Income Documentation Income / Employment Income Docs Missing: - Missing the award letter for retirement income       Reviewer Comment (2022-08-19): Received, Clearing.


Seller Comment (2022-08-19): After further review, B1 income of [Redacted] was mislabeled as retirement income when it is actually Dividend income.  Please see  [Redacted]  Statement attached verifying [redacted]% of the Dividend income was used to qualify.


Reviewer Comment (2022-08-18): Not sure what is trying to be resolved with this page 6 of some document. Please advise.


Seller Comment (2022-08-18): Attached
 08/19/2022 1 C A C A C A C A C A MO Primary Refinance - Rate/Term   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
433794027057           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted] business days of the Note. -         Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): VVOE
 08/11/2022 1 C A C A C A C A C A NC Primary Refinance - Rate/Term   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
433794027057           Compliance Compliance Federal Compliance RESPA RESPA Disclosure -  Missing Signature on Affiliated Business Arrangement Disclosure RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure. Documentation provided was not signed and dated by the borrower       Reviewer Comment (2022-08-23): Accepted as is.


Reviewer Comment (2022-08-11): Event level 2 exception but will remain as Affiliated Business Arrangement Disclosure was unsigned.


Seller Comment (2022-08-11): AFFIATED BUSINESS
 2 B B B B B B B B B B NC Primary Refinance - Rate/Term   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
433794027057           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 [redacted] ([redacted]) business days prior to closing. Evidence of receipt of [redacted] CD was not missing from the file       Reviewer Comment (2022-08-22): [Redacted]   received documentation the initial CD was received on  [Redacted]


Seller Comment (2022-08-19): prior to close cd rebuttal
 08/22/2022 1 C A C A C A C A C A NC Primary Refinance - Rate/Term No Defined Cure D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
433794027057           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-08-23): Received, Clearing,
 08/23/2022 1 D A D A D A D A D A NC Primary Refinance - Rate/Term   D B C A C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
835518393013           Compliance Compliance Federal Compliance RESPA RESPA Disclosure -  Missing Signature on Affiliated Business Arrangement Disclosure RESPA Disclosure Rule: Creditor did not obtain signature on Affiliated Business Arrangement Disclosure. Affiliated business arrangement disclosure statement was not provided to the borrower within [redacted] days of application date       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): copy of Affiliated Business
 08/11/2022 1 B A B A B A B A B A NJ Primary Refinance - Cash-out - Other   B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
171711630480           Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing.   The hazard insurance on file has an effective date of[redacted] to [redacted] which is effective after the note date of [redacted].       Reviewer Comment (2022-08-23): Received, Clearing.


Seller Comment (2022-08-23): Please see attached both Hazard insurance policies from  [Redacted]  to  [Redacted]  and  [Redacted]  to  [Redacted] . Both were in the file as well.
 08/23/2022 1 C A C A C A C A C A GA Primary Refinance - Rate/Term   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
643926988835           Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard insurance coverage of $[redacted] is insufficient to cover the mortgage amount of $[redacted]. Please provide a letter from the insurer stating the maximum insurable amount and/or a replacement costs estimator from the insurer.       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): HAZARD COVERAGE IS SUFFICIENT
 08/11/2022 1 C A C A C A C A C A FL Primary Refinance - Cash-out - Other   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
125747346933           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 (2022-08-19): Received, Clearing.


Seller Comment (2022-08-19): [redacted]DISCLOSURE
 08/19/2022 1 C A C A C A C A C A FL Primary Refinance - Rate/Term No Defined Cure C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
125747346933           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 [redacted] days of application.         Reviewer Comment (2022-08-23): Received, Clearing.


Seller Comment (2022-08-23): we do not store a copy of the [redacted]booklet in our system due to its size. We do have evidence it was sent to the borrower, please see attached document


Seller Comment (2022-08-23): CHARM


Reviewer Comment (2022-08-23): The [redacted]Booklet, should have been provided to the borrower within three (3) days of application. [Redacted]is not with 3 days of application.


Buyer Comment (2022-08-23): ?????  DELIVERY DATE IS  AND SIGNED [Redacted]...what is unclear?  why are these dates not being accepted?


Reviewer Comment (2022-08-22): The acknowledgement provided doesn't reflect a date it was provided which is what we need to resolve the issue.


Buyer Comment (2022-08-22): THIS WAS PROVIDED AND CLEARED.  WHY HASN'T THIS CONDITION CLEARED?


Reviewer Comment (2022-08-12): The acknowledgement provided doesn't reflect a date it was provided which is what we need to resolve the issue.


Buyer Comment (2022-08-12): THAT IS NOT WHAT SUSPENSE SAYS - IT SAYS TO PROVIDE EVIDENCE BOOKLET PROVIDED W/IN 3 DAYS AND DOCUMENT SIGNED/DATED BY BORRS ACKNOWLEDGE RECEIPT.  THAT IS AN ACCEPTABLE DOCUMENT OF PROOF


Reviewer Comment (2022-08-11): Need the disclosure provided not the acknowledgement of receipt.


Seller Comment (2022-08-11): ALREADY PROVIDED IN ORIGINAL UPLOAD
 08/23/2022 1 C A C A C A C A C A FL Primary Refinance - Rate/Term No Defined Cure C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
125747346933           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. No COC or cure was provided to Borrower for tolerance overages       Reviewer Comment (2022-08-29): [Redacted]received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected PCCD.


Seller Comment (2022-08-26): REFUND AND CD


Reviewer Comment (2022-08-25): [Redacted]received rebuttal on why changed circumstances not being accepted.  To further clarify, there were 2 increases in Transfer Tax cost to borrower.  First on[Redacted] LE.  A changed circumstance form is in file dated[Redacted]but reason only states New Information Requires Additional Services.  This is not a reason to increase transfer taxes and there was no additional information to determine why this fee increased.  Loan amount did not increase from the previous LE dated [Redacted] and remained same at [Redacted].  The second increase in transfer tax occurred on [Redacted].  A changed circumstance form is in file dated [Redacted] which has a reason as Loan Amount Change.  However, the loan amount did not change from the prior [Redacted] LE and remained the same at [Redacted] loan amount.  There was a loan amount change on [redacted] LE sequence 1 and sequence 2 for loan amount change, but the transfer taxes were not updated and did not change.  We are missing valid reasons for both increases on [Redacted] and [Redacted] LE's.  Provide additional information on both change dates to support a valid changed circumstance for transfer tax increases or cure with Corrected CD, LOE to borrower, copy of cure check and proof of mailing


Seller Comment (2022-08-24): please see coc for change to transfer tax


Reviewer Comment (2022-08-24): The [Redacted]VCC indicates the reason for the increase in transfer tax fee is due to an increase in the loan amount.  However, there was no increase in the loan amount on[Redacted]  The loan amount increased on [Redacted] from [Redacted] to [Redacted].  Any increase in fees due to a loan amount increase must have been disclosed on the [Redacted] LE and VCC. Please provide documentation of another reason for the increase in fees or provide cure.


Seller Comment (2022-08-23): REBUTTAL


Reviewer Comment (2022-08-23): [Redacted]  upon further review we have 2 LEs dated  [Redacted]  in file one is showing loan amount of  [Redacted] and the other one is showing loan amount of  [Redacted]  Please review and provide valid COC for LE dated  [Redacted]  or please provide cure documents.


Seller Comment (2022-08-22): you are incorrect....loan amt on [Redacted]  LE was  [Redacted]  loan amt on  [Redacted]  LE was  [Redacted] .  COC IS VALID


Reviewer Comment (2022-08-22): [Redacted]  received COC dated  [Redacted]  indicates "Change in Loan Amount". However, upon review there is no change in loan amount on LE dated  [Redacted]  comparing with LE dated  [Redacted]  Sequence #2 (D0134). Please provide a valid COC with additional information for the fee increased or Cure is required to borrower.


Seller Comment (2022-08-19): COC
 08/29/2022 2 C B C B C B C B C B 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 B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
125747346933           Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard coverage of $[redacted] is insufficient to cover the mortgage amount of $[redacted] with an estimated cost new of $[redacted].  Please provide a letter from the Insurer stating the maximum insurable amount and/or a replacement costs estimator from the insurer.       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): HAZARD COVERAGE SUFFICIENT
 08/11/2022 1 C A C A C A C A C A FL Primary Refinance - Rate/Term   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
125747346933           Credit Credit Miscellaneous Guideline Credit Exception:   [redacted] requires a letter of explanation per guidelines. The housing history reflects a [redacted]day late which requires a LOE. The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum.

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

Borrower's monthly mortgage payment has decreased by at least [redacted]%.

Borrower has worked in the same position for more than [redacted] years.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-08-18): Client elects to waive with comp factors


Reviewer Comment (2022-08-11): The housing history reflects a 60 day late which requires a LOE.


Buyer Comment (2022-08-11): THIS CONDITION MAKES NO SENSE...WHAT IS IT? WHAT DOCUMENT? WHAT IS SPECIFICALLY REQUIRED?   CANNOT ADDRESS AS IS
 08/18/2022 2 C B C B C B C B C B FL Primary Refinance - Rate/Term   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
125747346933           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 cure or valid COC on file for this fee increase       Reviewer Comment (2022-08-24): [Redacted] Received LOE with additional information therefore no cure required.


Seller Comment (2022-08-23): REBUTTAL


Reviewer Comment (2022-08-23): [Redacted]  upon further review require additional information as the invoice provided is not valid reason to increase the fee. Please provide additional information to specify the reason of increase on COC or please provide cure documents.


Buyer Comment (2022-08-22): new information IS the COC showing increased fee from invoice provided verifying fee for completed appraisal.


Reviewer Comment (2022-08-22): [Redacted]  received COC dated  [Redacted]  indicates "New information requires additional services, Appraisal fee". No justification was provided for the fee increase. Please provide valid changed circumstance with additional information as to why the fee increased or cure is required.


Seller Comment (2022-08-19): COC
 08/24/2022 1 C A C A C A C A C 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 B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
125747346933           Credit Guideline Guideline Issue Guideline Initial Rate Minimum and/or Maximum is ineligible per guidelines. Product: ___;
Initial Ceiling Cap: ___;
Initial Floor Cap: ___;
Margin: ___		   The qualifying DTI on the loan is at least [redacted]% less than the guideline maximum.

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

Borrower's monthly mortgage payment has decreased by at least [redacted]%.

Borrower has worked in the same position for more than [redacted] years.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-08-18): Client elects to waive with comp factors
 08/18/2022 2 B B B B B FL Primary Refinance - Rate/Term   C B C B C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
968714166542           Compliance Compliance Federal Compliance ATR/QM Defect Partnership Income Documentation Test Qualified Mortgage (Dodd-Frank 2014): Self-employed income documentation not sufficient (Partnership). Tax return (1040) for [redacted][redacted]not signed and dated. Provide a dated and signed [redacted]/[redacted]copy of tax return       Reviewer Comment (2022-08-22): Signed and dated tax returns received


Buyer Comment (2022-08-22): did you see pg 1 and 2 of the attachment? please advise


Reviewer Comment (2022-08-20): Tax return (1040) for[Redacted] and[Redacted]that was received is not signed and dated so exception remains.


Seller Comment (2022-08-19): Please see attached
 08/22/2022 1 C A C A C A C A C A FL Primary Purchase   C A A A C A A A Safe Harbor QM Safe Harbor QM No
968714166542           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 source account to verify withdrawal of EMD       Reviewer Comment (2022-08-20): Received, Clearing.


Seller Comment (2022-08-19): Please see attached
 08/20/2022 1 C A C A C A C A C A FL Primary Purchase   C A A A C A A A Safe Harbor QM Safe Harbor QM No
968714166542           Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Missing signed/dated 1040s for [redacted] and[redacted]       Reviewer Comment (2022-08-20): Received, Clearing.
 08/20/2022 1 A A A A A A A A A A FL Primary Purchase   C A A A C A A A Safe Harbor QM Safe Harbor QM No
968714166542           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of Non QM. Provide signed and dated tax return for [redacted] and [redacted]       Reviewer Comment (2022-08-22): Signed and dated tax returns received


Buyer Comment (2022-08-22): Did you see pg 1 and 2 of the attachment?


Reviewer Comment (2022-08-20): Exception Detail Updated from: Qualified Mortgage (Dodd-Frank [Redacted]): Originator Loan Designation of Safe Harbor QM does not match Due Diligence Loan Designation of ATR Fail.


Reviewer Comment (2022-08-20): Tax return (1040) for [Redacted] and [Redacted]that was received is not signed and dated so exception remains.


Seller Comment (2022-08-19): please see attached
 08/22/2022 1 B A C A B A C A B A FL Primary Purchase Lender to provide updated ATR/QM status C A A A C A A A Safe Harbor QM Safe Harbor QM Yes
184129565729           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted] business days of the Note. - VVOE on file is dated [redacted] which is post closing The representative FICO score exceeds the guideline minimum by at least [redacted] points.

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

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

Borrower has worked in the same position for more than [redacted] years.

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

Borrower has been employed in the same industry for more than [redacted]years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-08-18): Client elects to waive with comp factors
 08/18/2022 2 C B C B C B C B C B MD Primary Refinance - Rate/Term   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
184129565729           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted]business days of the Note. - VVOE on file is dated [redacted], which is post closing The representative FICO score exceeds the guideline minimum by at least [redacted] points.

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

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

Borrower has worked in the same position for more than [redacted] years.

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

Borrower has been employed in the same industry for more than [redacted]years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-08-18): Client elects to waive with comp factors
 08/18/2022 2 C B C B C B C B C B MD Primary Refinance - Rate/Term   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
184129565729           Compliance Compliance Federal Compliance RESPA RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within [redacted]([redacted]) business days of application.         Reviewer Comment (2022-12-15): Accepted as is per client
 2 B B B B B B B B B B MD Primary Refinance - Rate/Term   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
184129565729           Compliance Compliance State Compliance Misc. State Level Maryland Counseling Agencies Disclosure Not in File [redacted]HB1399 - No evidence of counseling agencies list per [redacted]HB 1399.         Reviewer Comment (2022-12-15): Accepted as is per client
 2 B B B B B B B B B B MD Primary Refinance - Rate/Term   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
184129565729           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of[redacted] 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 dues/Taxes/Insurance are  [redacted] per year.  Provide a post-close CD correcting the Escrow Account section and a copy of the letter of explanation letter sent to the borrower disclosing the changes made.       Reviewer Comment (2022-12-15): Accepted as is per client
 2 B B B B B B B B B B MD Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
184129565729           Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within [redacted]([redacted]) business days of application. Disclosures received on [redacted], which is greater than[redacted] business days from application date       Reviewer Comment (2022-12-15): Accepted as is per client
 2 B B B B B B B B B B MD Primary Refinance - Rate/Term   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
804065070708           Credit Hazard Insurance Insufficient Coverage Hazard Insurance The Hazard Insurance Policy Effective Date is after closing. Hazard Insurance Policy Effective Date ___, Disbursement Date: ___ The homeowner's insurance declarations page in the file verified an effective date of [redacted]which is after the consummation date of [redacted]  Provide a revised homeowner's insurance declaration page or policy verifying coverage in effect at or prior to consummation. The representative FICO score exceeds the guideline minimum by at least [redacted]points.

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

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

Borrower has worked in the same position for more than [redacted] years.

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

Borrower has been employed in the same industry for more than [redacted] years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-08-24): Client elects to waive with compensating factors


Reviewer Comment (2022-08-23): This would be a exception request as we looking for coverage on a purchase from consummation which is the note signed and notary on the security agreement.


Buyer Comment (2022-08-23): Policy was effective at time of Disbursement date [Redacted]
 08/24/2022 2 C B C B C B C B C B FL Primary Purchase   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
804065070708           Credit Asset Asset Calculation / Analysis Asset Available for Closing is insufficient to cover Cash From Borrower.   Additional equities account on file however, not in the borrower's name. Additional assets required       Reviewer Comment (2022-08-24): Received, Clearing.


Seller Comment (2022-08-23): see breakdown of asset to cover funds to close
 08/24/2022 1 C A C A C A C A C A FL Primary Purchase   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
804065070708           Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard coverage of $[redacted] is insufficient to cover the mortgage amount of $[redacted] with an estimated cost new of $[redacted].  Please provide a letter from the Insurer stating the maximum insurable amount and/or a replacement costs estimator from the insurer.       Reviewer Comment (2022-08-23): Received, Clearing.


Seller Comment (2022-08-23): Please see page 34 of the FL Cost Estimator Policy attached. It explains it is illegal to request a replacement cost estimator in [redacted]. Also included, showing that it is LD's policy to make sure coverage is adequate.
 08/23/2022 1 C A C A C A C A C A FL Primary Purchase   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
804065070708           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. Appraisal report delivery dated [redacted], however appraisal signature date is [redacted]. Provide evidence the borrower received all copies of the appraisals prior to closing       Reviewer Comment (2022-08-24): Accepted as is per client
 2 B B B B B B B B B B FL Primary Purchase   C B C B B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
492494747914           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Loan designation failure due to ATR failure.  This exception will be cleared once all ATR specific exceptions have been cured/cleared. The borrower's most recent  [redacted] taxes are not in the file.       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): Extension filed
 08/11/2022 1 B A C A B A C A B A TX Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
492494747914           Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Employment - S-Corp General QM: Unable to verify current S-Corp status using reasonably reliable third-party records. The file is missing a copy of the borrower's[redacted]tax returns.       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): Extension filed
 08/11/2022 1 C A C A C A C A C A TX Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
492494747914           Compliance Compliance Federal Compliance ATR/QM Defect Self-Employed Tax Return Recency - QM General QM: Self Employed Tax Returns - The business or personal tax returns provided are not the most recent. Application Date  [redacted],  Most Recent Tax Return End Date [redacted], Tax Return Due Date [redacted] The file is missing a copy of the borrower's signed/dated [redacted] tax returns.       Reviewer Comment (2022-08-11): Level 2 exception.


Seller Comment (2022-08-11): Extension filed
 2 B B B B B B B B B B TX Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
492494747914           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 for Appraisal Fee. Fee Amount of [redacted] exceeds tolerance of [redacted]. Sufficient or excess cure was provided to the borrower at Closing       Reviewer Comment (2022-08-10): Sufficient Cure Provided At Closing
 08/10/2022 1 A A A A A A A A A A TX Primary Purchase Final CD evidences Cure C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
492494747914           Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - REO Schedule E Method General QM: Unable to verify Real Estate Owned income (Schedule E Method).  File does not contain most recent year Tax Transcripts, signed and dated 1040's or Schedule E. The file is missing a copy of the borrower's [redacted]tax returns.       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): Extension filed
 08/11/2022 1 C A C A C A C A C A TX Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
492494747914           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing Insurance and tax verification       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): Schedule E attached
 08/11/2022 1 C A C A C A C A C A TX Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
492494747914           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing.   Missing tax verification       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): Attached
 08/11/2022 1 C A C A C A C A C A TX Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
927942501608           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of [redacted] 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 no HOA dues were verified.  Provide a post-close CD correcting the Escrow Account section and a copy of the letter of explanation letter sent to the borrower disclosing the changes made.       Reviewer Comment (2022-08-23): Accepted as is.
 2 B B B B B B B B B B CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B C A C B A A Safe Harbor QM (APOR) Non QM Yes
927942501608           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of Higher Priced QM (APOR). Loan is calculating as HPQM       Reviewer Comment (2022-08-16): Client elects to restate designation to NonQM
 08/16/2022 1 B A C A B A C A B A CA Primary Purchase Lender to provide updated ATR/QM status C B C A C B A A Safe Harbor QM (APOR) Non QM Yes
927942501608           Credit Missing Document General Missing Document Missing Document: Verification of Non-US Citizen Status not provided   Missing evidence of Non-Us Citizen status for Borrower. Required- A current, unexpired visa with an expiration date valid through the loan funding date
• A current, unexpired Employment Authorization Document (EAD) issued by the United States Citizenship and Immigration Services (USCIS) and Documentation to confirm the borrower does not have diplomatic immunity*		       Reviewer Comment (2022-08-23): Received, Clearing.


Seller Comment (2022-08-23): Please see attached updated 1003, borrower [redacted] was mistakenly marked as non perm resident.


Reviewer Comment (2022-08-18): This is needed for[redacted]not the co-borrower.


Seller Comment (2022-08-18): Please see attached Permanent Resident Card.
 08/23/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Non QM No
927942501608           Credit Insurance Insurance Documentation Insurance Missing Document: Mortgage Insurance Certificate (MIC) not provided   Mortgage insurance certificate is missing from the file       Reviewer Comment (2022-08-18): Received, Clearing.


Seller Comment (2022-08-18): Please see attached MI cert.
 08/18/2022 1 C A C A C A C A C A CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Non QM No
927942501608           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. Appraisal receipt dated [redacted] however the appraisal was signed [redacted]. Provide evidence the borrower received all copies of the appraisal       Reviewer Comment (2022-08-18): Received, Clearing.


Seller Comment (2022-08-18): Please see attached Appraisal Proof of Delivery.
 08/18/2022 1 B A B A B A B A B A CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Non QM No
927942501608           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 or cure provided for appraisal fee increase       Reviewer Comment (2022-08-23): Accepted as is.
 2 B B B B B B B B B 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 Safe Harbor QM (APOR) Non QM Yes
927942501608           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. No valid COC or cure provided for transfer tax increase       Reviewer Comment (2022-08-23): Accepted as is.
 2 B B B B B B B B B 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 Safe Harbor QM (APOR) Non QM Yes
927942501608           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. Client elects to restate designation to NonQM       Reviewer Comment (2022-08-23): Accepted as is.
 2 A B B B A CA Primary Purchase   C B C A C B A A Safe Harbor QM (APOR) Non QM No
966791415148           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 ([redacted]) business days prior to consummation. Acknowledgement of receipt of appraisal missing in file.       Reviewer Comment (2022-08-18): Received, Clearing.


Seller Comment (2022-08-18): Please see attached Appraisal Proof of Delivery.
 08/18/2022 1 B A B A B A B A B A NV Primary Refinance - Cash-out - Other   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
966791415148           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).         Reviewer Comment (2022-08-23): Evidence of[Redacted]CD receipt received in trailing


Seller Comment (2022-08-23): We do not have a wet-signed CD that was issued on 7/30. That CD was e-signed, please see the attached disclosure tracking


Reviewer Comment (2022-08-22): The CD issued [Redacted] is the final CD. Since we do not have a signed version, the mailbox rule applies, which makes the date receipt [Redacted]. In order to clear, provide signed CD issued and dated[Redacted] or cure with  Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form


Buyer Comment (2022-08-22): On the CD printed on [Redacted], the borrower is actually getting more cash back so there was no need to have the borrower resign the CD. Please review and clear the condition.


Reviewer Comment (2022-08-19): The exception is set as there is no signature date on the [Redacted] CD. Provide the CD with the issue date of [Redacted] that is signed the same day, [Redacted] in order to clear.


Seller Comment (2022-08-19): Please see attached CD.


Reviewer Comment (2022-08-18): We need the signed CD that was provided for the signature date of [Redacted] to resolve this issue.


Seller Comment (2022-08-18): Please see attached copy of RTC.
 08/23/2022 1 C A C A C A C A C A NV 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 A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
966791415148           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 ([redacted]) business days from transaction date of[redacted] Verified Disbursement date is [redacted]and Right to cancel date was [redacted]       Reviewer Comment (2022-08-23): Evidence of [Redacted] CD receipt received in trailing


Reviewer Comment (2022-08-22): The CD issued [Redacted] is the final CD. Since we do not have a signed version, the mailbox rule applies, which makes the date receipt [Redacted] In order to clear, provide signed CD issued and dated [Redacted] or cure with  Letter of Explanation, Proof of Delivery, and Re-open Rescission using the correct model form


Buyer Comment (2022-08-22): On the CD printed on [Redacted], the borrower is actually getting more cash back so there was no need to have the borrower resign the CD. Please review and clear the condition.


Reviewer Comment (2022-08-19): The exception is set as there is no signature date on the[Redacted]CD. Provide the CD with the issue date of [Redacted] that is signed the same day, [Redacted] in order to clear.


Seller Comment (2022-08-19): Please see attached CD.
 08/23/2022 1 C A C A C A C A C A NV 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 A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
966791415148           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Property Taxes Included In Escrow TILA-RESPA Integrated Disclosure - Projected Payments: Final Closing Disclosure provided on [redacted]incorrectly disclosed whether property taxes are included in escrow. Verified [redacted] CD disclosed that taxes are included in escrow.       Reviewer Comment (2022-12-15): Accepted as is per client
 2 B B B B B B B B B B NV Primary Refinance - Cash-out - Other TILA Material Disclosure Cure - Provide the following: Letter of Explanation, Proof of Delivery, Corrected CD, and Re-open Rescission if Applicable C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
966791415148           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 ([redacted]) business days prior to closing. Verified borrower signed Loan Estimate on[redacted].       Reviewer Comment (2022-08-23): Received evidence of E-delivery in trailing documents
 08/23/2022 1 B A B A B A B A B A NV Primary Refinance - Cash-out - Other No Defined Cure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
966791415148           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[redacted] or [redacted].  Insufficient or no cure was provided to the borrower. Fee was disclosed on LE as[redacted] and on Closing Disclosure as[redacted]. File does not contain a valid Change of Circumstance for the fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include[redacted] a copy of refund check, proof of delivery, and a copy of the letter of explanation sent it the Borrower disclosing the changes made.       Reviewer Comment (2022-12-15): Accepted as is per client
 2 B B B B B B B B B B NV 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 A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
627820488124           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure did not disclose Amount of Non-Escrowed Property Costs over Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of [redacted]on Final Closing Disclosure provided on[redacted] not accurate.         Reviewer Comment (2022-08-15): Corrected CD issued prior to reporting corrected costs


Seller Comment (2022-08-11): Non- escrowed Property cost is correct for HOA. Please see appraisal
 08/15/2022 1 B A B A B A B A B A ID Primary Refinance - Cash-out - Other Letter of Explanation & Corrected Closing Disclosure B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
914144680055           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure did not disclose Total Property Costs Year 1 - [redacted] 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of [redacted] on Final Closing Disclosure provided on[redacted] not accurate. Per most recent tax bill, annual taxes are [redacted] however  [redacted] annually was used in the amount of estimated property costs       Reviewer Comment (2022-08-24): [Redacted] received tax document which states [Redacted] monthly amount which is also matching with CD total property costs over year .


Seller Comment (2022-08-23): Please see attached.
 08/24/2022 1 B A B A B A B A B A CA Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
914144680055           Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within three ([redacted]) business days of application. Documentation was not received in a timely matter.       Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): HOC dated [Redacted]is attached
 08/11/2022 1 B A B A B A B A B A CA Primary Refinance - Rate/Term   B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
424560120365           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure did not disclose Amount of Non-Escrowed Property Costs over Year 1 TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of [redacted]on Final Closing Disclosure provided on [redacted] not accurate. Amount of Non-Escrowed Property Costs over Year 1 of [redacted] on Final Closing Disclosure       Reviewer Comment (2022-08-17): [Redacted] Received Letter of Explanation & Corrected Closing Disclosure


Seller Comment (2022-08-15): copy of corrected PCD


Reviewer Comment (2022-08-15): [Redacted] received [Redacted] Corrected CD & LOE to borrower.  However, page 4 removed the non-escrowed costs amount but there are non-escrowed costs on HOA of [Redacted]/mo. The acceptable amounts are [redacted],[redacted], or [redacted]month for the Non-Escrowed property Costs oveer Year 1.  Corrected CD & LOE to borrower required to cure.


Seller Comment (2022-08-11): copy of corrected CD
 08/17/2022 2 B B B B B B B B B B TN Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
187841532975           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure did not disclose Total Property Costs Year 1 - [redacted] 2018 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of [redacted]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] However the calculated Non-Escrowed Property Costs over Year 1 is[redacted]       Reviewer Comment (2022-08-25): [Redacted] Received PCCD and LOE.


Seller Comment (2022-08-24): LOE is attached


Reviewer Comment (2022-08-24): [Redacted]received Post CD however we also required LOX in order to clear the exception.


Seller Comment (2022-08-23): Please see PCCD correcting the non-escrowed property costs
 08/25/2022 2 B B B B B B B B B B TN Primary Refinance - Rate/Term Letter of Explanation & Corrected Closing Disclosure C B C B C B A A Safe Harbor QM (APOR) Non QM Yes
187841532975           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. Zero Percent Fee Tolerance exceeded for Transfer Tax without a valid COC.       Reviewer Comment (2022-08-24): [Redacted] Upon review, sufficient cure provided at closing.


Seller Comment (2022-08-23): The credit was applied at closing. Please review the Final Settlement Statement and Final CD from[Redacted]. A credit was provided to the borrower at disbursement.
 08/24/2022 1 C A C A C A C A C A TN 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 Safe Harbor QM (APOR) Non QM Yes
187841532975           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 for Loan Discount Points without a valid COC.       Reviewer Comment (2022-08-24): [Redacted]  Received a copy of COC dated [Redacted] shows a valid reason for change.


Seller Comment (2022-08-23): Please see COC attached.
 08/24/2022 1 C A C A C A C A C A TN 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 Safe Harbor QM (APOR) Non QM Yes
187841532975           Credit Guideline Guideline Issue Guideline Refi Purpose reflects Rate/Term and cash out greater than the lesser of [redacted]% of the loan amount or $[redacted]. Cash to Borrower:  ___; Total Cash Out:    ___;  Refi Purpose:  ___   The Loan to Value (LTV) on the loan is less than the guideline maximum by at least [redacted]%.

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

Borrower has worked in the same position for more than [redacted] years.

Borrower has been employed in the same industry for more than [redacted] years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-08-26): Client approved exception.


Reviewer Comment (2022-08-16): Based on guidelines provided from buyer, rate and term cash back to buyer should be the lesser of[redacted]% or [Redacted]


Buyer Comment (2022-08-16): UW for Wells allows up to [redacted]% of the principal balance.
 08/26/2022 2 C B C B C B C B C B TN Primary Refinance - Rate/Term   C B C B C B A A Safe Harbor QM (APOR) Non QM No
187841532975           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Risk. Lender used[redacted] year average for [redacted] of[redacted]however, most recent years average would be [redacted] Lender also used a positive [redacted] fo[redacted] [redacted]ordinary income, however it is [redacted]The lender calculated the income for the entity as $[redacted] however, it is[redacted]       Reviewer Comment (2022-08-18): Client elects to restate originator designation to NonQM


Reviewer Comment (2022-08-16): Lender used 2 year average for [redacted]of [Redacted] however, most recent years average would be [Redacted] Lender also used a positive[Redacted] for [Redacted][redacted] ordinary income, however it is [Redacted]. The lender calculated the income for the entity as [Redacted] however, it is [Redacted]


Seller Comment (2022-08-16): Please see the UW income calculation sheet. I do not find any discrepancies with how the UW calculated the income. If you do not agree, please provide a detailed calculation of the discrepancies you are seeing.
 08/18/2022 1 B A C A B A C A B A TN Primary Refinance - Rate/Term Lender to provide updated ATR/QM status C B C B C B A A Safe Harbor QM (APOR) Non QM Yes
187841532975           Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Investor and QM DTIs match and both significantly exceed Guidelines General QM: The DTI calculated in accordance with the Lenders Guidelines and 1026.43(e) of [redacted] significantly exceeds the guideline maximum of [redacted](DTI Exception requires compelling compensating factors to consider regrading to EV2-B.) Lender used[redacted] year average for [redacted] of [redacted] however, most recent years average would be[redacted]. Lender also used a positive [redacted]for [redacted][redacted] ordinary income, however it is[redacted]. The lender calculated the income for the entity a[redacted]h owever, it is[redacted]       Reviewer Comment (2022-08-18): Client elects to restate originator designation to NonQM


Reviewer Comment (2022-08-16): Lender used 2 year average for[redacted]of [Redacted] however, most recent years average would be [Redacted]. Lender also used a positive [Redacted] for [Redacted] [redacted] ordinary income, however it is [Redacted]. The lender calculated the income for the entity as [Redacted] however, it is [Redacted]


Seller Comment (2022-08-16): Please see the UW income calculation sheet. I do not find any discrepancies with how the UW calculated the income. If you do not agree, please provide a detailed calculation of the discrepancies you are seeing.
 08/18/2022 1 C A C A C A C A C A TN Primary Refinance - Rate/Term   C B C B C B A A Safe Harbor QM (APOR) Non QM No
187841532975           Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Investor Guidelines Violation General QM: Based on the loan failing one or more guideline components, the loan is at QM risk.         Reviewer Comment (2022-08-18): Client elects to restate originator designation to NonQM


Reviewer Comment (2022-08-16): Lender used 2 year average for [redacted] of [Redacted] however, most recent years average would be[Redacted]. Lender also used a positive [Redacted] for [Redacted] [redacted] ordinary income, however it is [Redacted]. The lender calculated the income for the entity as[Redacted] however, it is [Redacted]


Seller Comment (2022-08-16): Please see the UW income calculation sheet. I do not find any discrepancies with how the UW calculated the income. If you do not agree, please provide a detailed calculation of the discrepancies you are seeing.
 08/18/2022 1 C A C A C A C A C A TN Primary Refinance - Rate/Term   C B C B C B A A Safe Harbor QM (APOR) Non QM No
187841532975           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 (2022-08-23): Schedule C business being included to qualify. DTI now in guidelines
 08/23/2022 1 A A A A A TN Primary Refinance - Rate/Term Lender to provide updated ATR/QM Loan Designation C B C B C B A A Safe Harbor QM (APOR) Non QM Yes
187841532975           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 140.87943% significantly exceeds the guideline maximum of [redacted]%. (DTI Exception requires compelling compensating factors to consider regrading to EV2-B.)         Reviewer Comment (2022-08-23): Schedule C business being included to qualify. DTI now in guidelines
 08/23/2022 1 A A A A A TN Primary Refinance - Rate/Term   C B C B C B A A Safe Harbor QM (APOR) Non QM No
187841532975           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       Reviewer Comment (2022-08-23): Schedule C business being included to qualify. DTI now in guidelines
 08/23/2022 1 A A A A A TN Primary Refinance - Rate/Term   C B C B C B A A Safe Harbor QM (APOR) Non QM No
187841532975           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. Client elected to restate designation to NonQM       Reviewer Comment (2022-08-26): Accepted as is.
 2 A B B B A TN Primary Refinance - Rate/Term   C B C B C B A A Safe Harbor QM (APOR) Non QM No
187841532975           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. [redacted]Upon review, sufficient cure provided at closing.       Reviewer Comment (2022-08-24): Sufficient Cure Provided At Closing
 08/24/2022 1 A A A A A TN Primary Refinance - Rate/Term Final CD evidences Cure C B C B C B A A Safe Harbor QM (APOR) Non QM Yes
814248348386           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within [redacted]business days of the Note. -         Reviewer Comment (2022-08-18): VVOE received


Seller Comment (2022-08-18): Please see attached employment income docs.
 08/18/2022 1 C A C A C A C A C A PA Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
814248348386           Credit Missing Document General Missing Document Missing Document: Account Statements - Personal not provided   Missing complete bank statement for account ending [redacted]for the period of [redacted]       Reviewer Comment (2022-08-18): Received, Clearing.


Seller Comment (2022-08-18): Please see attached Bank Statement for account [Redacted]
 08/18/2022 1 C A C A C A C A C A PA Primary Purchase   C A C A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
814248348386           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 a valid COC or cure at closing for appraisal fee increase       Reviewer Comment (2022-08-22): [Redacted] received valid COC dated [Redacted]


Seller Comment (2022-08-19): Please see attached Change of Circumstance for the appraisal fee increase.
 08/22/2022 1 C A C A C A C A C A PA 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 Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
313634837055           Compliance Compliance Federal Compliance TILA Right-to-Cancel Missing, Incorrect, Incomplete and/or provided on the wrong form Incorrect Right To Cancel Form Used - H-9 Used on Non Same Lender Refinance Truth in Lending Act: Notice of Right to Cancel was not executed on the proper Model Form for a refinance by a creditor that is not considered the original creditor. The H-9 form was used, the H-8 form should have been used. Both the first and second mortgage being paid off at closing are not the same lender on the note screen       Reviewer Comment (2022-08-22): Received, Clearing.


Seller Comment (2022-08-22): LD is the original lender - see Title report
 08/22/2022 1 C A C A C A C A C A CA 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 A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
313634837055           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] No valid COC or cure provided for lender credit previously disclosed in the amount of[redacted]       Reviewer Comment (2022-08-25): [Redacted] received Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD.


Seller Comment (2022-08-23): PCCD, LOE, refund check, tracking
 08/25/2022 2 C B C B C B C B C B CA 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 Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
313634837055           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. - Missing verification of hazard insurance       Reviewer Comment (2022-08-22): Received, Clearing.


Seller Comment (2022-08-22): HOI and Property Profile - address is a vacant lot
 08/22/2022 1 C A C A C A C A C A CA Primary Refinance - Cash-out - Other   C B C A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
228803044622           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: 2           Reviewer Comment (2022-08-22): Desk review received


Seller Comment (2022-08-22): Please see attached Desk Review in the file.
 08/22/2022 1 D A D A D A D A D A CA Primary Purchase   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
228803044622           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 [redacted]([redacted]) business days prior to consummation.         Reviewer Comment (2022-08-22): Accepted as is per client
 2 B B B B B B B B B B CA Primary Purchase   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
228803044622           Compliance Compliance Federal Compliance RESPA RESPA -  Initial Escrow Account Statement Missing RESPA: Initial escrow account statement was not provided to the borrower.         Reviewer Comment (2022-08-22): Accepted as is per client
 2 B B B B B B B B B B CA Primary Purchase   D B A A B B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
875605385960           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: 2           Reviewer Comment (2022-08-23): Received, Clearing,
 08/23/2022 1 D A D A D A D A D A AZ Primary Purchase   D A A A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
875605385960           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 [redacted]% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing. Fee was disclosed on LE as $[redacted]     and on Closing Disclosure as   $[redacted]  . a cure was provided to the borrower.       Reviewer Comment (2022-08-09): Sufficient Cure Provided At Closing
 08/09/2022 1 A A A A A A A A A A AZ Primary Purchase Final CD evidences Cure D A A A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
875605385960           Compliance Compliance Federal Compliance TILA ARM Disclosure Timing Test TIL variable rate disclosure: ARM loan program disclosure not provided to the borrower within [redacted]([redacted]) days of application. [redacted]disclosure was provided on[redacted]       Reviewer Comment (2022-08-10): Clearing.


Seller Comment (2022-08-10): Loan was started out as a 30 years Fixed and change to ARM on [Redacted].  Please see attached.
 08/10/2022 1 C A C A C A C A C A AZ Primary Purchase No Defined Cure D A A A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
875605385960           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 ([redacted]) days of application. Charm booklet was provided on [redacted]       Reviewer Comment (2022-08-10): Clearing.


Seller Comment (2022-08-10): Loan was started out as a 30 years Fixed and change to ARM on [Redacted] Please see attached.
 08/10/2022 1 C A C A C A C A C A AZ Primary Purchase No Defined Cure D A A A C A D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
832889318959           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure did not disclose Total Property Costs Year 1 - [redacted][redacted]Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of[redacted] on Final Closing Disclosure provided on [redacted] not accurate. Lender used  [redacted] tax rate plus special assessments for calculation of property taxes, compared to customary [redacted] for CA purchase       Reviewer Comment (2022-12-15): Accepted as is per client
 2 B B B B B B B B B B CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
539076734048           Compliance Compliance Federal Compliance RESPA RESPA Disclosure -  List of Homeownership Counseling Organizations Older Than 30 days When Provided to Borrower RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations was older than [redacted]days when provided to borrower.         Reviewer Comment (2022-12-15): Accepted as is per client


Reviewer Comment (2022-08-24): 12 CFR 1024.20(a)(1)


Buyer Comment (2022-08-24): Can you please provide guidance on where you're getting this info from that the HOC info needs to be updated within 30 days?


Reviewer Comment (2022-08-16): Exception is not due to date of receipt to borrower. Exception is due to list date of counseling agencies is older than 30 days from when is was provided to the borrower. The list was last updated on [Redacted] per last page of the document


Seller Comment (2022-08-16): Initial application and HOC were provided to the borrower on [Redacted]. Please see attached.


Reviewer Comment (2022-08-11): Date of the last up is older than 30 days when provided to borrower. Level 2 exception.


Seller Comment (2022-08-11): HOC dated [Redacted] attached
 2 B B B B B B B B B B NY Primary Refinance - Rate/Term   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
384030243368           Compliance Compliance Federal Compliance RESPA RESPA Disclosure -  List of Homeownership Counseling Organizations Older Than 30 days When Provided to Borrower RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations was older than [redacted]0 days when provided to borrower.         Reviewer Comment (2022-12-15): Accepted as is per client


Reviewer Comment (2022-08-11): This is an event level 2 as the date of the list provided was updated last on [Redacted] is older than 30 days hen provided to borrower. Exception remains.


Seller Comment (2022-08-11): Application Date [Redacted].  Disclosure Date [Redacted]
 2 B B B B B B B B B B NY Primary Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
384030243368           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of  [redacted] on Final Closing Disclosure provided on  [redacted] not accurate.         Reviewer Comment (2022-08-12): [redacted]received confirmation that the HOA amount is [Redacted] which is also matching with Final CD non -escrowed property costs.


Seller Comment (2022-08-11): Correct HOA fee is [Redacted]/mo.  

Due to rounding, [Redacted]/mo was used to calculate total for Page 4  Non-Escrowed Property Costs over Year.  System does not use Cents so fee was rounded higher to ensure total amount would be covered, otherwise using [Redacted] would be too low.
 08/12/2022 1 B A B A B A B A B A NY Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
384030243368           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 [redacted]% or $[redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2022-08-12): Sufficient Cure Provided At Closing
 08/12/2022 1 A A A A A NY Primary Purchase Final CD evidences Cure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
729519308695           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 [redacted].  Sufficient or excess cure was provided to the borrower at Closing.         Reviewer Comment (2022-08-09): Sufficient Cure Provided At Closing
 08/09/2022 1 A A A A A A A A A A CA Primary Refinance - Cash-out - Other Final CD evidences Cure B A B A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
729519308695           Credit Credit Credit Documentation Guideline Reported liability reflects the borrower as an Authorized User.  This debt has been excluded from QM qualification. -         Reviewer Comment (2022-08-19): Sufficient reserves to cover balance of [redacted]account on file. Exception cleared


Buyer Comment (2022-08-19): What exactly do you need to clear this condition?
 08/19/2022 1 B A B A B A B A B A CA Primary Refinance - Cash-out - Other   B A B A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
800925318356           Property Property - Appraisal Appraisal Data Integrity Property - Appraisal Appraiser's license or certification was not active at the time of the appraisal. - Appraiser's License or certification was not active at the time of the appraisal. Provide letter of explanation or provide a revised appraisal.       Reviewer Comment (2022-08-23): Received, Clearing.


Seller Comment (2022-08-23): Appraiser's license was set to expire on [Redacted], she renewed it before it expired so the website shows the renewed certification date of [Redacted]and new expiration date if [Redacted]
 08/23/2022 1 C A C A C A C A C A SC Primary Purchase   C A A A A A C A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
685567693717           Compliance Compliance Federal Compliance RESPA RESPA Disclosure - Affiliated Business Arrangement Disclosure Not Provided Within 3 Business Days of Application RESPA Disclosure Rule: Creditor did not provide Affiliated Business Arrangement Disclosure to applicant within three (3) business days of application. The Affiliated Business Arrangement Disclosure was provided to, and signed by Borrower on [redacted], which is outside of the 3-Business day requirement. Loan Appliction is dated [redacted]       Reviewer Comment (2022-12-15): Accepted as is per client
 2 B B B B B B B B B B CA Primary Refinance - Rate/Term   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
685567693717           Compliance Compliance Federal Compliance RESPA RESPA Disclosure - List of Homeownership Counseling Organizations Not Provided Within 3 Business Days of Application RESPA Disclosure Rule (Dodd-Frank 2014): List of Homeownership Counseling Organizations not provided to applicant within three (3) business days of application. The List of Homeownership Counseling Organizations was provided to, and signed by Borrower on  [redacted], which is outside of the 3-Business day requirement. Loan Appliction is dated  [redacted]       Reviewer Comment (2022-12-15): Accepted as is per client
 2 B B B B B B B B B B CA Primary Refinance - Rate/Term   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
685567693717           Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.   Hazard coverage of $[redacted] x [redacted]% replacement is insufficient to cover the mortgage amount of $[redacted] with an estimated cost new of $[redacted].  Please provide a letter from the Insurer stating the maximum insurable amount and/or a replacement costs estimator from the insurer.       Reviewer Comment (2022-08-24): The updated policy is provided.


Seller Comment (2022-08-24): Please see attached. Insurance coverage of [Redacted] + [redacted]% cap is sufficient to cover mortgage amount


Reviewer Comment (2022-08-23): This property is not in Florida.


Seller Comment (2022-08-23): Please see page 34 of the [redacted]Cost Estimator Policy attached. It explains it is illegal to request a replacement cost estimator in [redacted]. Also included, shows that it is LD's policy to make sure coverage is adequate.
 08/24/2022 1 C A C A C A C A C A CA Primary Refinance - Rate/Term   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
685567693717           Credit Hazard Insurance Document Error Hazard Insurance Hazard Insurance policy does not list Lender or Servicer and its successors and assigns, per guideline requirements.   Lender/Servicer is  [redacted] Bank.       Reviewer Comment (2022-08-24): The updated policy provided.


Seller Comment (2022-08-24): Please updated Hazard Insurance policy reflecting [redacted]as the lender
 08/24/2022 1 C A C A C A C A C A CA Primary Refinance - Rate/Term   C B C A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
923185287431           Credit Income / Employment Income Documentation Income / Employment Verification(s) of employment is not within 10 business days of the Note. - The work number VOE is dated [redacted] which is post closing       Reviewer Comment (2022-08-19): Received, Clearing,


Seller Comment (2022-08-19): Please see attached
 08/19/2022 1 C A C A C A C A C A CA Primary Purchase   D B C B C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
923185287431           Property Property - Appraisal Appraisal Documentation Property - Appraisal Loan is to be securitized.  Secondary  valuation is missing.; Sec ID: 2   The file is missing a copy of the secondary valuation required for securitization purposes.       Reviewer Comment (2022-08-23): Received, Clearing,
 08/23/2022 1 D A D A D A D A D A CA Primary Purchase   D B C B C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
923185287431           Compliance Compliance Federal Compliance TILA Federal Loan Originator Compensation - Individual LO Not NMLS Licensed at Time of Application Truth in Lending Act (NMLSR Dodd- Frank 2014): Individual Loan Originator not NMLS licensed or registered at time of application.         Reviewer Comment (2022-08-19): Received, Clearing,


Seller Comment (2022-08-19): please see attached
 08/19/2022 1 C A C A C A C A C A CA Primary Purchase   D B C B C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
923185287431           Credit Credit Miscellaneous Guideline Credit Exception:   Missing unexpired EAD for the borrower       Reviewer Comment (2022-08-19): Received, Clearing,


Seller Comment (2022-08-19): please see attached
 08/19/2022 1 C A C A C A C A C A CA Primary Purchase   D B C B C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
923185287431           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. Appraisal receipt date is prior to appraisal signature date       Reviewer Comment (2022-08-23): Accepted as is.
 2 B B B B B B B B B B CA Primary Purchase   D B C B C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
923185287431           Credit Credit Miscellaneous Guideline Credit Exception:   Initial rate cap of [redacted]% is greater than guideline maximum of [redacted]% for [redacted] The representative FICO score is above [redacted].

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

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

Borrower has worked in the same position for more than [redacted] years.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-08-18): Client elects to waive with comp factors
 08/18/2022 2 C B C B C B C B C B CA Primary Purchase   D B C B C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
923185287431           Credit Credit Miscellaneous Guideline Credit Exception:   Borrower was qualified with [redacted]income however, guidelines are silent on this type of income and FNMA does not allow it. The representative FICO score is above [redacted].

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

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

Borrower has worked in the same position for more than [redacted] years.

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

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-09-08): Client elects to waive exception with compensating factors
 09/08/2022 2 B B B B B CA Primary Purchase   D B C B C B D A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
497286606299           Credit Insurance Insurance Analysis Insurance Insufficient Coverage: Hazard insurance coverage amount is insufficient.           Reviewer Comment (2022-08-16): Received RCE


Seller Comment (2022-08-16): Please see attached replacement cost estimator.
 08/16/2022 1 C A C A C A C A C A NJ Primary Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
497286606299           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 (2022-08-10): Sufficient Cure Provided At Closing
 08/10/2022 1 A A A A A A A A A A NJ Primary Purchase Final CD evidences Cure C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
984111121449           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. Zero Percent Fee Tolerance exceeded for Second Appraisal Fee without a valid COC       Reviewer Comment (2022-08-22): [Redacted] Sufficient cure Provided at closing.


Seller Comment (2022-08-19): Please see COC attached
 08/22/2022 1 C A C A C A C A C 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 A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
984111121449           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. Invalid COC and insufficient cure for appraisal fee increase       Reviewer Comment (2022-08-22): [Redacted] Received valid COC dated [Redacted] therefore no cure required.


Seller Comment (2022-08-19): Please see COC attached
 08/22/2022 1 C A C A C A C A C 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 A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
984111121449           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.         Reviewer Comment (2022-08-22): Sufficient Cure Provided At Closing
 08/22/2022 1 A A A A A CA Primary Purchase Final CD evidences Cure C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
814511952484           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2022-08-19): Received, Clearing.


Seller Comment (2022-08-19): Please see attached Private Mortgage Note copy for [Redacted] [redacted] in the file.
 08/19/2022 1 C A C A C A C A C A CA Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
814511952484           Credit Income / Employment Income Documentation Missing Document  REO Documents are missing. -         Reviewer Comment (2022-08-19): Received, Clearing.


Seller Comment (2022-08-19): Please see attached documentation in the file which states due to [redacted]Benefits borrower does not pay property taxes.
 08/19/2022 1 C A C A C A C A C A CA Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
814511952484           Credit Credit Credit Documentation Guideline The Verification of Rent (VOR) / Verification of Mortgage (VOM) is required and was not found in file.   Missing payment history for private mortgage secured to [redacted] property       Reviewer Comment (2022-08-19): Received, Clearing.


Seller Comment (2022-08-19): Please see attached Payment History for Private Mortgage property in the file.
 08/19/2022 1 C A C A C A C A C A CA Second Home Purchase   C A C A A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
619905439127           Credit Missing Document General Missing Document Missing Document: Source of Funds/Deposit not provided   Missing receipt and donor withdrawal of [redacted] from [redacted]donor checking       Reviewer Comment (2022-08-17): Received, cleared


Seller Comment (2022-08-16): Please see attached gift funds receipt of[Redacted] and [Redacted] received.
 08/17/2022 1 C A C A C A C A C A CA Primary Purchase   C B C B A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
619905439127           Credit Credit Miscellaneous Guideline Credit Exception:   [redacted]income was used to qualify however guidelines are silent on this income type and FNMA does not allow it The representative FICO score exceeds the guideline minimum by at least [redacted] points.

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

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

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

Borrower has worked in the same position for more than [redacted] years.

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

Borrower has been employed in the same industry for more than [redacted] years.		   SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC

SitusAMC		 Reviewer Comment (2022-09-15): Client elects to waive with compensating factors
 09/15/2022 2 B B B B B CA Primary Purchase   C B C B A A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
858133368312           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.         Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): Please review the attached again if you look at the first page it was sent on[Redacted]


Reviewer Comment (2022-08-11): Proof provided was for borrower for [Redacted] with consummation being [Redacted] so 3 days prior was not met.


Seller Comment (2022-08-11): copy of proof of appraisal delivery
 08/11/2022 1 B A B A B A B A B A CA Primary Purchase   B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
858133368312           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.         Reviewer Comment (2022-08-11): Received, Clearing.


Seller Comment (2022-08-11): please review the attached it was sent to the borrower on[Redacted]first page of the appraisal report


Reviewer Comment (2022-08-11): Proof provided was for borrower for [Redacted] with consummation being [Redacted] so 3 days prior was not met.


Seller Comment (2022-08-11): copy of proof of appraisal delivery
 08/11/2022 1 B A B A B A B A B A CA Primary Purchase   B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
858133368312           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. Verified last Closing Disclosure was dates [redacted]       Reviewer Comment (2022-08-12): [Redacted] Received Disclosure tracking showing borrower received Initial CD on [Redacted]


Seller Comment (2022-08-11): copy of data tracking for initial CD
 08/12/2022 1 B A B A B A B A B A CA Primary Purchase No Defined Cure B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
858133368312           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 COC or Cure was provided to Borrower for tolerance overages       Reviewer Comment (2022-08-12): [Redacted] Received valid COC dated [Redacted] therefore no cure required.


Seller Comment (2022-08-11): copy of COC for discount fee
 08/12/2022 1 B A B A B A B A B A CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
858133368312           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 COC or Cure was provided to Borrower for tolerance overages       Reviewer Comment (2022-08-12): [Redacted] Received valid COC dated [Redacted] therefore no cure required.


Seller Comment (2022-08-11): copy of coc for appraisal fee
 08/12/2022 1 B A B A B A B A B A CA Primary Purchase Fee Tolerance Refund Provide the Following: Letter of Explanation, Proof of Delivery, Copy of Refund Check, and Corrected CD B A A A B A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
849992599610           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 Field Review Fee.  Fee Amount of [redacted] exceeds tolerance of [redacted].  Insufficient or no cure was provided to the borrower. File does not contain a valid Change of Circumstance for the fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include [redacted]  a copy of refund check, proof of delivery, and a copy of the letter of explanation sent it the Borrower disclosing the changes made.       Reviewer Comment (2022-11-16): Accepted as is.
 2 C B C B C B C B C 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 A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
849992599610           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Non Escrowed Property Costs Year 1 Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Non-Escrowed Property Costs over Year 1 of [redacted] on Final Closing Disclosure provided on [redacted] not accurate. The Final CD disclosed an amount of Non Escrowed fees of  [redacted] and the valuation in file Disclosed an amount of [redacted] on HOA dues. Provide a post close CD correcting the Non Escrow section and a letter of explanation letter sent to the Borrower disclosing the changes made.       Reviewer Comment (2022-11-16): Accepted as is.
 2 B B B B B B B B B B GA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
849992599610           Compliance Compliance Federal Compliance ECOA ECOA Appraisal - Appraisal Not Provided at or Before Closing (3-Day Waiver In File) ECOA Valuations Rule (Dodd-Frank 2014): Borrower waived right to receive a copy of the appraisal at least [redacted] ([redacted]) business days prior to closing, and appraisal was not provided at or before closing. Borrower waived the rights to receive a copy of Appraisal on [redacted], however missing evidence of receipt of appraisal prior to or at closing       Reviewer Comment (2022-11-16): Accepted as is.
 2 B B B B B B B B B B GA Primary Purchase   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
849992599610           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 [redacted] ([redacted]) business days prior to closing. Evidence of earlier receipt was missing from the file       Reviewer Comment (2022-11-16): Accepted as is.
 2 C B C B C B C B C B GA Primary Purchase No Defined Cure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
849992599610           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]). Undiscounted rate/cost missing in file to determine if any or all of the discount points can be excluded from the finance charge.       Reviewer Comment (2022-11-16): Accepted as is.
 2 C B C B C B C B C B GA 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 A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
878087575516           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 [redacted] ([redacted] business days prior to consummation. Missing Appraisal Acknowledgement of receipt. Unable to determine appraisal timing       Reviewer Comment (2022-08-19): Accepted as is


Buyer Comment (2022-08-19): Level 2, Please waive
 2 B B B B B B B B B B NJ Primary Purchase   B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
723903351362           Credit Legal / Regulatory / Compliance Title / Lien Defect Title Title Policy is Preliminary or Commitment, and not a Final Title Policy. Title Evidence: ___ Lender to provide a copy of the final title policy.       Reviewer Comment (2022-11-16): Accepted as is.
 1 A A A A A A A A A A CA Primary Purchase   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
723903351362           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's CD shows [redacted] in seller paid closing costs, borrower's final CD shows [redacted].  Provide a post-close CD correcting the seller-paid fees and a copy of the letter of explanation to the borrower disclosing the changes made.       Reviewer Comment (2022-11-16): Accepted as is.
 1 A A A A A A A A A A CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
723903351362           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 [redacted] ([redacted]) business days prior to consummation. Appraisal is dated [redacted] and was provided to Borrowers on [redacted].       Reviewer Comment (2022-11-16): Accepted as is.
 2 B B B B B B B B B B CA Primary Purchase   C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
723903351362           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]). The HOA cert of [redacted] in section B was not included in the finance charge calculation at origination.       Reviewer Comment (2022-11-16): Accepted as is.
 2 C B C B C B C B C 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 A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
958550340216           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure Contact Information - Lender TILA-RESPA Integrated Disclosure - Contact Information: Final Closing Disclosure provided on [redacted] did not disclose the required  Lender Contact Information (Lender Name, Lender NMLS ID, Contact Name, Contact NMLS ID). Final closing disclosure provided on [redacted]  dis not disclosure provided Contact Information Lender Name, Lender NMLS ID, Contact Name, Contact NMLS ID.       Reviewer Comment (2022-11-16): Accepted as is.
 2 C B C B C B C B C B FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
958550340216           Compliance Compliance Federal Compliance TRID TRID Seller Closing Disclosure Fees seller paid fees do not match Consumer's Final CD TILA-RESPA Integrated Disclosure: the Seller's final CD total seller paid fee amounts do not match the values used for compliance testing. Seller Paid Fees on the Sellers Closing Disclosure are not consistent with those on the Borrowers final CD.       Reviewer Comment (2022-11-16): Accepted as is.
 1 A A A A A A A A A A FL Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
958550340216           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. Fee was disclosed[redacted] . File does not contain a valid Change of Circumstance for the fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include [redacted] .a copy of refund check, proof of delivery, and a copy of the letter of explanation sent it the Borrower disclosing the changes made.       Reviewer Comment (2022-11-16): Accepted as is.
 2 C B C B C B C B C 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 Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
958550340216           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 [redacted].  Insufficient or no cure was provided to the borrower. Fee was not  disclosed on LE it eas disclosed  on Closing Disclosure as [redacted]. File does not contain a valid Change of Circumstance for the fee, nor evidence of cure in file. Provide a post-close CD disclosing the tolerance cure to include [redacted]    a copy of refund check, proof of delivery, and a copy of the letter of explanation sent it the Borrower disclosing the changes made.       Reviewer Comment (2022-11-16): Accepted as is.
 2 C B C B C B C B C 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 Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
958550340216           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. Fee was disclosed on LE as [redacted] and on Closing Disclosure as $[redacted]. a cure for [redacted] was provided to the Borrower.       Reviewer Comment (2022-11-16): Accepted as is.
 2 C B C B C B C B C 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 Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
958550340216           Compliance Compliance Federal Compliance TRID TRID Settlement Service Provider Status TILA-RESPA Integrated Disclosure: Borrower not provided with list of service providers. Settlement Service Provider missing in file.       Reviewer Comment (2022-11-16): Accepted as is.
 1 A A A A A A A A A A FL Primary Purchase No Defined Cure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
958550340216           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 [redacted] ([redacted]) business days of application. Loan estimate of was provided on [redacted] .Document was not signed and no  proof of delivery in file.       Reviewer Comment (2022-11-16): Accepted as is.
 2 C B C B C B C B C B FL Primary Purchase No Defined Cure C B A A C B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) No
493958372286           Compliance Compliance Federal Compliance TRID Defect TRID Final Closing Disclosure did not disclose Total Property Costs Year 1 - [redacted] [redacted]Test TILA-RESPA Integrated Disclosure - Loan Disclosures: Amount of Estimated Property Costs over Year 1 of [redacted] on Final Closing Disclosure provided on [redacted] not accurate. The final CD disclosed the amount of Total Property Costs over Year 1 as [redacted] on page 4; however the annual taxes ([redacted]) and homeowners insurance ([redacted]) are [redacted] per year. Final CD reflects Estimated Taxes and Insurance of [redacted] monthly, correct amount is [redacted]. Provide a post-close CD correcting the Escrow Account section and a copy of the letter of explanation letter sent to the borrower disclosing the changes made.         2 B B B B B B B B B B CA Primary Purchase Letter of Explanation & Corrected Closing Disclosure B B A A B B A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
491478264717           Compliance Compliance State Compliance State Defect (TX50(a)(6)) Texas Cash-out Loan  (Completed Loan Application Not  Provided At Least 1 Business Day Prior to Closing) [redacted] Constitution Section 50(a)(6):  [redacted] Cash-out Loan.  Borrower was not provided copy of Application [redacted] day prior to closing.         Reviewer Comment (2022-09-06): Received, Clearing.


Seller Comment (2022-09-06): Comment from [Redacted] ([redacted]): Disagree - The 1003/application was sent and executed on[Redacted], which is one (1) business day prior to closing he same information as the Final on [Redacted] executed day of closing. The information did not change on the 1003/application provided to the borrower on [Redacted] versus the Final 1003/application executed at the closing [Redacted]
 09/06/2022 1 C A C A C A C A C A TX Primary Refinance - Cash-out - Other Refund or credit the borrower $1,000 and offer the borrower the right to refinance the extension of credit for the remaining term of the loan at no cost to the borrower on the same terms, including interest, as the original extension of credit with any modifications necessary to comply with this section or on terms on which the borrower and the lender or holder otherwise agree. C A A A C A A A Safe Harbor QM (APOR) Safe Harbor QM (APOR) Yes
597179123108           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Missing Investor Guideline Qualifying Total Debt Ratio Unable to complete QM testing due to missing investor guideline qualifying total debt ratio.         Reviewer Comment (2022-08-31): Restated.


Buyer Comment (2022-08-31): Being restated to NQM - No Ratio program
 08/31/2022 1 C A C A C A C A C A AR Primary Purchase   C B A A C B A A Non QM Non QM No
597179123108           Compliance Compliance Federal Compliance ATR/QM Defect General QM Provision Income and Assets - DTI General QM: No debt to income ratio (or a negative or zero ratio) was provided to demonstrate ability to repay.         Reviewer Comment (2022-08-31): Restated.


Buyer Comment (2022-08-31): Being restated to NQM - No Ratio program
 08/31/2022 1 C A C A C A C A C A AR Primary Purchase   C B A A C B A A Non QM Non QM No
597179123108           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Safe Harbor QM (APOR) does not match Due Diligence Loan Designation of QM (APOR) Fail. Verified Loan Designation of Safe Harbor QM       Reviewer Comment (2022-08-31): Restated.


Buyer Comment (2022-08-31): Loan is a No Ratio program - please restate to NQM as it can't pass QM testing without the debt ratios
 08/31/2022 1 B A C A B A C A B A AR Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Non QM Non QM Yes
597179123108           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 [Redacted]incorrectly disclosed whether the loan will have an escrow account. Final Closing Disclosure did not state if escrows were declined or lender does not provide       Reviewer Comment (2022-09-07): [Redacted] received LOE and corrected closing disclosure.


Reviewer Comment (2022-09-07): Exception cleared in error.


Reviewer Comment (2022-09-07): Received, Clearing.


Seller Comment (2022-09-07): Comment from [Redacted]l ([Redacted]): Uploaded attached PCCD provided to complete the No Escrow section on CD page [Redacted]to reflect the Escrow Waiver on file and the LOX.
 09/07/2022 2 C B C B C B C B C B AR Primary Purchase Letter of Explanation & Corrected Closing Disclosure C B A A C B A A Non QM Non QM Yes
597179123108           Compliance Compliance Federal Compliance ATR/QM Defect General Ability To Repay - Missing Investor Guideline Qualifying Total Debt Ratio Unable to complete ATR testing due to missing investor guideline qualifying total debt ratio.         Reviewer Comment (2022-08-31): Clearing.
 08/31/2022 1 A A A A A AR Primary Purchase   C B A A C B A A Non QM Non QM No
597179123108           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 (2022-08-31): Clearing.
 08/31/2022 1 A A A A A AR Primary Purchase   C B A A C B A A Non QM Non QM No
597179123108           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. Restated.       Reviewer Comment (2022-08-31): Clearing.
 08/31/2022 1 A A A A A AR Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Non QM Non QM Yes
597179123108           Compliance Compliance Federal Compliance ATR/QM NonQM ATR Ability-to-Repay (Dodd-Frank 2014): General Ability-to-Repay requirements not satisfied. Restated.       Reviewer Comment (2022-08-31): Clearing.
 08/31/2022 1 A A A A A AR Primary Purchase   C B A A C B A A Non QM Non QM No
597179123108           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 (2022-12-21): Received, Clearing.
 12/21/2022 1 A A A A A AR Primary Purchase Lender to provide updated ATR/QM Loan Designation C B A A C B A A Non QM Non QM Yes
597179123108           Compliance Compliance Federal Compliance ATR/QM General Ability To Repay Provision Asset Qualification Loan Ability to Repay (Dodd-Frank 2014): It is questionable whether this loan meets ATR requirements.         Reviewer Comment (2022-12-21): Received, Clearing.
 12/21/2022 1 A A A A A AR Primary Purchase   C B A A C B A A Non QM Non QM No
194956207629           Compliance Compliance Federal Compliance ATR/QM Defect Check Loan Designation Match - QM Qualified Mortgage (Dodd-Frank 2014): Originator Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of Safe Harbor QM (APOR). Loan Designation of Higher Priced QM (APOR) does not match Due Diligence Loan Designation of Safe Harbor QM (APOR).       Reviewer Comment (2022-09-07): Client elects to restate to NonQM


Buyer Comment (2022-09-07): Comment from [Redacted] ([redacted]: Please reinstate to NQM


Seller Comment (2022-09-07): Comment from [Redacted]([redacted]): Disagree - this Loan Designation should be restated, uploaded [Redacted] Compliance Test Report.
 09/07/2022 1 B A C A B A C A B A NY Primary Purchase Lender to provide updated ATR/QM status C B A A C B A A Higher Priced QM (APOR) Non QM Yes
194956207629           Compliance Compliance Federal Compliance ATR/QM Defect General QM - Bank Statement Guidelines Require [redacted] or more Months General QM: Guidelines require [redacted] or more consecutive months bank statements. We have a designation mismatch, the bid tape designation was Higher Priced (APOR) but we calculated it to be Safe Harbor QM (APOR).       Reviewer Comment (2022-09-07): Client elects to restate to NonQM
 09/07/2022 1 A A A A A A A A A A NY Primary Purchase   C B A A C B A A Higher Priced QM (APOR) Non QM No
194956207629           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. Client elects to restate to NonQM         2 A B B B A NY Primary Purchase   C B A A C B A A Higher Priced QM (APOR) Non QM No