Loan Number

Pool ID

Alternate Loan Number

Original Balance

State

Loan Exception Status

Initial Fitch Exception Grade

Final Fitch Exception Grade

Initial S&P Exception Grade

Final S&P Exception Grade

Initial Moodys Exception Grade

Final Moodys Exception Grade

Initial KBRA Exception Grade

Final KBRA Exception Grade

Initial DBRS Exception Grade

Final DBRS Exception Grade

Category

Breach ID

Breach Name

Initial Breach Date

Initial Comments

Client/Seller Response Comments

Conclusion Date

Conclusion Comments Date Cleared Canceled or Exception Remains Note Must State Final Status

Waiver or Exception

Waiver or Exception Made By

Compensating Factors

General Comments

XXX

RATE22J10002

$1,005,000.00

Acknowledged

Compliance

-98777

Prohibited Fees Test

11/12/2021

11/15/2021 - Change severity of 'Prohibited Fees Test' from Material to Non-Material.; 11/15/2021 - Change status of 'Prohibited Fees Test' from Active to Acknowledged by Client.; 11/15/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points; 11/15/2021 - Change severity of 'Prohibited Fees Test' from Non-Material to Material.; 11/15/2021 - NA; 11/12/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A person licensed as a mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A person licensed as a mortgage banker or correspondent mortgage banker shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

11/15/2021

11/15/2021 - Change severity of 'Prohibited Fees Test' from Material to Non-Material.; 11/15/2021 - Change status of 'Prohibited Fees Test' from Active to Acknowledged by Client

Waiver

Client

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.40 years ; Borrower has stable job time - Borrower has 10.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 601142.45 are greater than the Guideline Minimum of 1485.00.

XXX

RATE22J10002

$1,005,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/15/2021

11/15/2021 - FEMA declared XXX county in a disaster area (Remnants of hurricane XXX) on 9/1/2021, with a release date of 9/3/2021. The appraisal in file is dated 6/17/2021and shows no damage, however the appraisal date is prior to the FEMA release date. A Post Disaster Inspection is required.;

11/19/2021

11/19/2021 - cleared; 11/19/2021 - Post disaster inspection confirms no property damage

XXX

RATE22J10002

$1,005,000.00

Cleared

Property

2957

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

11/15/2021

11/15/2021 - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection;

11/19/2021

11/19/2021 - Post Disaster Inspection provided

XXX

RATE22J10003

$1,400,000.00

Cleared

Compliance

1308

The file does not contain a complete copy of the Loan Estimate. Unable to fully test for TRID tolerance.

12/8/2021

12/08/2021 - The file does not contain a complete copy of the Loan Estimate. Unable to fully test for TRID tolerance. An initial LE at application was not provided. ;

12/14/2021

12/14/2021 - The file does contain at least one copy of a Loan Estimate. The file contains a complete copy of at least one Loan Estimate. Loan Estimate was received/reviewd - complete.

Original LTV is Below the Guideline Maximum - Calculated LTV of 63.64 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 63.64 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 743 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 133.39 months or $1204522.48 are greater than the Guideline Minimum of 12.00 or $108357.52. ; Borrower 1 has significant job time - Borrower has 17.11 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.80 years ; Borrower has stable job time - Borrower has 17.11 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10003

$1,400,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - FEMA declared XXX County in a disaster area (hurricane) on 09/01/2021, with a release date of 09/03/2021. The appraisal in file is dated 01/11/2021and shows no damage, however the appraisal date is prior to the FEMA incident/release date. A Post Disaster Inspection is required. ;

12/14/2021

12/14/2021 - Post disaster inspection confirms no property damage

XXX

RATE22J10003

$1,400,000.00

Cleared

Property

2957

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

12/7/2021

12/08/2021 - Post Disaster Inspection provided ; 12/08/2021 - FEMA declared XXX County in a disaster area (hurricane) on 09/01/2021, with a release date of 09/03/2021. The appraisal in file is dated 01/11/2021and shows no damage, however the appraisal date is prior to the FEMA incident/release date. A Post Disaster Inspection is required. ; 12/07/2021 - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection;

12/14/2021

12/14/2021 - Post Disaster Inspection provided

XXX

RATE22J10003

$1,400,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/8/2021

12/08/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q.;

12/14/2021

12/14/2021 - Documents received/reviewed - condition cleared.

XXX

RATE22J10003

$1,400,000.00

Cleared

Compliance

-96485

Initial Loan Estimate Delivery Date Test (from application)

12/8/2021

12/08/2021 - An initial LE was not provided. ; 12/08/2021 - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Thanksgiving Day (11/26/2020)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.;

12/15/2021

12/15/2021 - This loan passed the initial loan estimate delivery date test (from application).( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Thanksgiving Day (11/26/2020)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

XXX

RATE22J10003

$1,400,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10003

$1,400,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/15/2021

XXX

RATE22J10003

$1,400,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/8/2021

12/08/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($1,588.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/15/2021

XXX

RATE22J10003

$1,400,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/15/2021

XXX

RATE22J10003

$1,400,000.00

Cleared

Credit

2543

Appraisal date is greater than 120 days from Origination date.

12/7/2021

12/07/2021 - Appraisal dated 1/11/2021 is greater than 120 days from Note date of 10/XX/2021.;

12/20/2021

12/20/2021 - A recertification was provided in the file on page 1916 dated 08/26/2021 supporting the original appraised value. ; 12/20/2021 - Change status of 'Appraisal date is greater than 120 days from Origination date.' from Active to Acknowledged by Client.; 12/20/2021 - Change severity of 'Appraisal date is greater than 120 days from Origination date.' from Material to Non-Material.

XXX

RATE22J10004

$799,999.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/11/2021

11/11/2021 - Property is located in a FEMA disaster area. Disaster Declaration Sept 5, 2021. Hurricane . Appraisal completed 9/14/2021 which is after this date with no damage shown. Post Disaster Inspection dated 9/15/21 confirms no damage. Exception is for informational purposes only.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 7.75 years on job ; Borrower has stable job time - Borrower has 7.75 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 31.61 are greater than the Guideline Minimum of 12.00.

XXX

RATE22J10005

$1,172,800.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/1/2021

12/08/2021 - Transfer Tax refund was not sufficient. $10.00 refund to borrower.; 12/01/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 770 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 56.18 months or $456004.96 are greater than the Guideline Minimum of 12.00 or $97394.40. ; Borrower 1 has significant job time - Borrower has 16.00 years on job ; Borrower has stable job time - Borrower has 16.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10005

$1,172,800.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/1/2021

12/08/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $10.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/08/2021 - Transfer Tax refund was not sufficient. $10.00 refund to borrower.; 12/08/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $5,887.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/01/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $10,389.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

XXX

RATE22J10005

$1,172,800.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/14/2021

XXX

RATE22J10008

$860,800.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/24/2021

11/24/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area on 9/5/21 (Remnants of Hurricane XXX) with an incident period from 9/1/21 to 9/3/21. Appraisal in file dated 8/10/21 was prior to incident. Post Disaster Inspection in file was dated 9/15/21 and confirmed no damage. Exception is for informational purposes only.;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

Borrower has more than 2 years at current residence - Borrower at current residence 5.90 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 73.56 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10009

$562,400.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/29/2021

12/08/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/08/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.; 12/08/2021 - na; 11/29/2021 - Property is located in a FEMA disaster area [4856; incident end date: 2/21/21]with no post disaster inpection. However, appraisal images show no apparent damage.;

11/29/2021

11/29/2021 - Property is located in a FEMA disaster area [XXX; incident end date: 2/21/21]with no post disaster inpection. However, appraisal images show no apparent damage.;

Waiver

Client

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 170.72 months or $664274.19 are greater than the Guideline Minimum of 6.00 or $23346.28. ; Borrower 1 has significant job time - Borrower has 48.00 years on job ; Borrower has stable job time - Borrower has 4.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10009

$562,400.00

Cleared

Property

2957

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

11/29/2021

12/08/2021 - Change severity of 'Property located in FEMA Declared Disaster Area with no subsequent Property Inspection' from Material to Non-Material.; 12/08/2021 - Change status of 'Property located in FEMA Declared Disaster Area with no subsequent Property Inspection' from Active to Acknowledged by Client.; 12/08/2021 - na; 11/29/2021 - Property is located in a FEMA disaster area [XXX; incident end date: 2/21/21]with no post disaster inpection. However, appraisal images show no apparent damage.;

12/8/2021

12/08/2021 - na; 11/29/2021 - Property is located in a FEMA disaster area [XXX; incident end date: 2/21/21]with no post disaster inpection. However, appraisal images show no apparent damage.;

Waiver

Client

XXX

RATE22J10010

$1,048,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/2/2021

12/02/2021 - Third Party Valuation Product Not Provided and CU Score is 2.60.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.; 12/09/2021 - na; 12/09/2021 - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5' from Active to Acknowledged by Client.

Borrower has more than 2 years at current residence - Borrower at current residence 11.58 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 35.05 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10010

$1,048,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/2/2021

12/02/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10010

$1,048,000.00

Cleared

Credit

2424

OFAC Check was not completed/Cleared.

12/2/2021

12/02/2021 - OFAC Check was not completed/cleared.;

12/20/2021

12/20/2021 - OFAC Check was completed and cleared.

XXX

RATE22J10011

$585,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/30/2021

11/30/2021 - Lender added a fee of $6637.50 without a valid Change of Circumstance form.” ; 11/30/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $6,637.50.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/03/2021

12/03/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 15.60 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 66.10 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 66.10 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 776 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 119.56 months or $503824.34 are greater than the Guideline Minimum of 6.00 or $25283.58. ; Borrower has more than 2 years at current residence - Borrower at current residence 2.17 years ; Borrower has stable job time - Borrower has 5.00 years at job.

XXX

RATE22J10022

$828,000.00

Cleared

Credit

3420

DTI Exceeds AUS Maximum Allowable

12/7/2021

12/07/2021 - The back-end DTI of 25.55 (Total Income of 16860.83, Orig PITI of 3781.85, Monthly debt of 526.00) is not greater than the maximum allowable per AUS of 26.50; 12/07/2021 - The back-end DTI of 38.68 (Total Income of 16860.83, Orig PITI of 3781.85, Monthly debt of 2740.00) exceeds the maximum allowable per AUS of 26.50; 12/07/2021 - The back-end DTI of 42.69 (Total Income of 8623.77, Orig PITI of 3681.85, Monthly debt of 0.00) exceeds the maximum allowable per AUS of 26.50;

12/14/2021

12/14/2021 - Exception Cleared. Not underwritten by AUS, lender guidelines met- below 43% and more than 12 months reserves.; 12/14/2021 - The qualifying back-end DTI of 38.68 (Total Income of 16860.83, Orig PITI of 3781.85, Monthly debt of 2740.00) is not greater than the maximum allowable per AUS of 38.68 The back-end DTI of 38.68 (Total Income of 16860.83, Orig PITI of 3781.85, Monthly debt of 2740.00) is not greater than the maximum allowable per AUS of 38.68

Borrower has more than 2 years at current residence - Borrower at current residence 8.50 years

XXX

RATE22J10024

$901,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/19/2021

11/19/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 03/19/2021 and shows no damage. Exception is for informational purposes only.

;

11/19/2021

11/19/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 33.01 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 758 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 48.42 months or $239566.29 are greater than the Guideline Minimum of 6.00 or $29685.27. ; Borrower 1 has significant job time - Borrower has 6.66 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 4.50 years ; Borrower has stable job time - Borrower has 6.66 years at job.

XXX

RATE22J10024

$901,000.00

Cleared

Credit

2543

Appraisal date is greater than 120 days from Origination date.

11/17/2021

11/19/2021 - A recertification was provided in the loan file located on page 908 dated 09/16/2021 supporting the original appraised value.; 11/19/2021 - Change severity of 'Appraisal date is greater than 120 days from Origination date.' from Material to Non-Material.; 11/17/2021 - Appraisal dated 3/19/2021 is greater than 120 days from Note date of 9/XX/2021.;

11/29/2021

11/29/2021 - Appraisal date is within 120 days of Note date.

XXX

RATE22J10024

$901,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/19/2021

11/19/2021 - Investor requires a CDA valuation report be completed on origination appraisal. The file is missing the CDA report. ;

12/06/2021

12/06/2021 - Third Party Valuation Product Provided

XXX

RATE22J10025

$1,064,000.00

Acknowledged

Credit

1862

Initial Credit Application is Not Executed

11/23/2021

11/23/2021 - The initial credit application is Not Executed;

12/21/2021

12/21/2021 - Acknowledged; 12/21/2021 - Change status of 'Initial Credit Application is Not Executed' from Active to Acknowledged by Client.

Waiver

Client

Borrower has more than 2 years at current residence - Borrower at current residence 6.90 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 184.18 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10028

$896,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/15/2021

11/15/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. Asset Documents are Incomplete: Need the September statement for the XXX accounts ending 1978, 3313. Also, Need documentation that the source of the $25,000 deposit in XXX ending XXX on 9/10/2021 was from an account belonging to the borrower.;

12/03/2021

12/03/2021 - Cleared; 12/03/2021 - The exception 'ATR/QM Status is Pending' is cleared.

Borrower 1 has significant job time - Borrower has 9.75 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.75 years ; Borrower has stable job time - Borrower has 9.75 years at job.

XXX

RATE22J10028

$896,000.00

Cleared

Credit

3605

Asset Documents are Incomplete

11/15/2021

11/15/2021 - Asset Documents are Incomplete: Need the September statement for the XXX accounts ending XXX, XXX. Also, Need documentation that the source of the $25,000 deposit in XXX ending XXX on 9/10/2021 was from an account belonging to the borrower.;

12/03/2021

12/03/2021 - na

XXX

RATE22J10029

$1,209,599.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/23/2021

11/23/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10030

$1,564,000.00

Acknowledged

Compliance

-99196

CA AB 489/344 Consumer Loan Single Premium Credit Insurance Test

12/1/2021

12/01/2021 - This loan failed the single premium credit insurance test.

(CA AB 344 §9 [CA FC §4979.7])

The consumer loan finances credit life, credit disability, credit property, or credit unemployment insurance premiums, or debt cancellation or suspension agreement fees.;

12/14/2021

12/14/2021 - Change status of 'CA AB 489/344 Consumer Loan Single Premium Credit Insurance Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'CA AB 489/344 Consumer Loan Single Premium Credit Insurance Test' from Material to Non-Material.;

Waiver

Client

Borrower 1 has significant job time - Borrower has 7.08 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.25 years ; Borrower has stable job time - Borrower has 7.08 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 50281.71 are greater than the Guideline Minimum of 4732.00.

XXX

RATE22J10030

$1,564,000.00

Cleared

Compliance

-98542

Prohibited Fees Test

12/1/2021

12/01/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

The loan charged more than one appraisal fee. (CA Fin. Code §22317)The lender collected an "unreasonable" escrow or escrow related fee. The fee shall be considered "reasonable" when paid to a person licensed or exempt under the Escrow Law (CA Fin. Code §17000). (CA Fin. Code §22318)The lender retained any statutory fees to be paid to a public officer. (10 CCR §1457)The lender retained the notary fee. (10 CCR §1458) ; 12/01/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.;

12/14/2021

12/14/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.

XXX

RATE22J10030

$1,564,000.00

Acknowledged

Compliance

-96660

TILA Financing of Credit Insurance Test

12/1/2021

12/01/2021 - This loan failed the TILA Financing of Single Premium Credit Insurance Test. (12 CFR §1026.36 (i))This loan financed at least one single premium credit insurance. A creditor may not finance, directly or indirectly, any premiums or fees for credit insurance in connection with a consumer credit transaction secured by a dwelling (including a home equity line of credit secured by the consumer's principal dwelling). This prohibition does not apply to credit insurance for which premiums or fees are calculated and paid in full on a monthly basis. 'Credit insurance' means credit life, credit disability, credit unemployment, or credit property insurance, or any other accident, loss-of income, life, or health insurance, or any payments directly or indirectly for any debt cancellation or suspension agreement or contract.;

12/14/2021

12/14/2021 - Change status of 'TILA Financing of Credit Insurance Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'TILA Financing of Credit Insurance Test' from Material to Non-Material.; 12/14/2021 - Change severity of 'TILA Financing of Credit Insurance Test' from Non-Material to Material.;

Waiver

Client

XXX

RATE22J10030

$1,564,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/1/2021

12/01/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10030

$1,564,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/1/2021

12/01/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $740.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/01/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $540.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

XXX

RATE22J10030

$1,564,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/1/2021

12/01/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $540.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/01/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $740.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/14/2021

XXX

RATE22J10031

$1,136,000.00

Cleared

Credit

3420

DTI Exceeds AUS Maximum Allowable

11/11/2021

11/15/2021 - Calculated DTI of 45.52%, it doesn't appear the lender applied the vacancy factor to the rental income for the property retained for investment. Please re-run DU.; 11/11/2021 - The back-end DTI of 45.52 (Total Income of 17333.34, Orig PITI of 6326.85, Monthly debt of 1562.57) exceeds the maximum allowable per AUS of 42.42;

11/19/2021

11/19/2021 - The qualifying back-end DTI of 45.52 (Total Income of 17333.34, Orig PITI of 6326.85, Monthly debt of 1562.57) is not greater than the maximum allowable per AUS of 45.51 The back-end DTI of 45.52 (Total Income of 17333.34, Orig PITI of 6326.85, Monthly debt of 1562.57) is not greater than the maximum allowable per AUS of 45.51; 11/19/2021 - The back-end DTI of 45.52 (Total Income of 17333.34, Orig PITI of 6326.85, Monthly debt of 1562.57) exceeds the maximum allowable per AUS of 45.50

Borrower has more than 2 years at current residence - Borrower at current residence 3.10 years

XXX

RATE22J10031

$1,136,000.00

Cleared

Compliance

3428

Regulation §1026.43(e)(2)(vi) failure - The Qualified Mortgage calculated DTI is greater than 43.00%.

11/11/2021

11/11/2021 - Regulation §1026.43(e)(2)(vi) - The Qualified Mortgage calculated DTI of 45.52 is greater than 43.00% (Total Income of 17333.34 and Total Monthly Debt 1562.57 and Future PITI 6326.85);

11/19/2021

11/19/2021 - na; 11/19/2021 - Regulation §1026.43(e)(2)(vi) - The Qualified Mortgage calculated DTI of ___ is not greater than 43.00% (Total Income of 17333.34 and Total Monthly Debt 1562.57 and Future PITI ___)

Borrower has more than 2 years at current residence - Borrower at current residence 3.10 years

XXX

RATE22J10031

$1,136,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/15/2021

11/15/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q.;

11/19/2021

11/19/2021 - na; 11/19/2021 - The exception 'ATR/QM Status is Pending' is cleared.

Borrower has more than 2 years at current residence - Borrower at current residence 3.10 years

XXX

RATE22J10031

$1,136,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

11/15/2021

11/15/2021 - Third Party Valuation Product Not Provided and CU Score is 3.10.; 11/15/2021 - Condition is for information purposes only-DD firm will order.;

12/02/2021

12/02/2021 - Third Party Valuation Product Provided.; 11/19/2021 - na; 11/19/2021 - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5' from Active to Acknowledged by Client.

Borrower has more than 2 years at current residence - Borrower at current residence 3.10 years

XXX

RATE22J10031

$1,136,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/15/2021

11/15/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/02/2021

12/02/2021 - Third Party Valuation Product Provided

Borrower has more than 2 years at current residence - Borrower at current residence 3.10 years

XXX

RATE22J10033

$1,066,694.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 09/09/2021 and shows no damage. Exception is for informational purposes only. ;

12/07/2021

12/07/2021 - The appraisal in file is dated 09/09/2021 and shows no damage. Exception is for informational purposes only. ; 12/07/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 20.00 years on job ; Borrower has stable job time - Borrower has 20.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 71.29 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10033

$1,066,694.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

12/1/2021

12/01/2021 - The security instrument indicator is Missing; 12/01/2021 - Not in the file.;

12/14/2021

12/14/2021 - The security instrument received/reviewed - condition cleared.

XXX

RATE22J10034

$915,600.00

Cleared

Credit

1257

Borrower Employment Verification does not meet guidelines

12/7/2021

12/07/2021 - File is missing lender's verification of business/CPA lookup. Lender's guidelines require verbal verification of employment dated no earlier than 10 business days prior to the note date. CPA letter in file is dated 07/XX/2021 (pg 633).;

12/20/2021

12/20/2021 - The exception 'Borrower Employment Verification does not meet guidelines' is cleared.; 12/14/2021 - Exception Retained. Lender provided Business search printout with no dates. Missing Verbal Verification of Employment dated witihin 10 days of closing date.

Borrower has more than 2 years at current residence - Borrower at current residence 6.33 years ; Borrower has stable job time - Borrower has 4.58 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 789130.75 are greater than the Guideline Minimum of 35583.18.

XXX

RATE22J10034

$915,600.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/7/2021

12/07/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q.;

12/20/2021

12/20/2021 - The exception 'ATR/QM Status is Pending' is cleared.

XXX

RATE22J10035

$791,651.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (severe storms) on 02/27/2021, with a release date of 03/14/2021. The appraisal in file is dated 08/26/2021 and shows no damage. Exception is for informational purposes only;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 25.59 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 64.52 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 64.52 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 791 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 91.30 months or $419979.14 are greater than the Guideline Minimum of 6.00 or $27599.11. ; Borrower 1 has significant job time - Borrower has 6.67 years on job ; Borrower has stable job time - Borrower has 6.67 years at job.

XXX

RATE22J10035

$791,651.00

Cleared

Compliance

-97566

Mortgage Loan Finding

11/24/2021

11/24/2021 - Mortgage Loan (KRS 286.8-010 as amended by KY HB 552, Section 4 (2008))

The loan is a mortgage loan, as defined in the Kentucky Revised Statutes, because it is secured by a mortgage on residential real property containing four or fewer units.;

12/09/2021

12/09/2021 - Change status of 'Mortgage Loan Finding' from Active to Acknowledged by Client.; 12/09/2021 - Change severity of 'Mortgage Loan Finding' from Material to Non-Material.; 12/09/2021 - NA

Waiver

Client

XXX

RATE22J10035

$791,651.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

11/24/2021

11/24/2021 - Third Party Valuation Product Not Provided and CU Score is 2.80.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

XXX

RATE22J10035

$791,651.00

Cleared

Property

3437

Third Party Valuation Product Not Provided and FHLMC Collateral Rep & Warrant Relief is Not Eligible or Unavailable.

11/24/2021

11/24/2021 - Third Party Valuation Product Not Provided and FHLMC Collateral Rep & Warrant Relief is Not Eligible.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

XXX

RATE22J10035

$791,651.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/24/2021

11/24/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10037

$946,400.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/23/2021

12/08/2021 - na; 12/08/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.; 12/08/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 11/23/2021 - Fema declared XXX County a diaster on 09/01/2021 (hurricane XXX), with an inicient end dat of 9.3.21 The appraisal in the file is dated 8.17.21 prior to the diaster; however there is a post diaster report in the file that states there is not damage to the subject property or neighborhood on page 805.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 801 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 18.20 months or $81167.07 are greater than the Guideline Minimum of 6.00 or $26754.66. ; Borrower 1 has significant job time - Borrower has 15.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 8.90 years ; Borrower has stable job time - Borrower has 15.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10037

$946,400.00

Cleared

Compliance

-99944

Late Fees Test

11/23/2021

11/23/2021 - This loan failed the late fees test.The loan has late fees that do not conform to the requirements for the lender's license type in the state where the property is located.PLEASE NOTE: Certain states impose a late charge restriction that requires a comparison of the late fees charge, expressed either as a percentage or a dollar amount, or as both. In cases where the user provided data does not contain the required data point, ComplianceAnalyzer^® will calculate the required data point from the late charge value entered by the user, and for such purpose will use the system's calculation of the scheduled monthly payment amount. Such data point calculations are an estimate based on the user provided data, and may not reflect the actual late charge threshold on an irregular payment, or if the maximum permitted late charge is based on the amount of the scheduled payment that is outstanding and not the entire scheduled payment.; 11/23/2021 - Late fee percentate on teh notes states 2%, loan has failed this test. .The loan has late fees that do not conform to the requirements for the lender's license type in the state where the property is located;

12/14/2021

12/14/2021 - This loan passed the late fees test.The loan has late fees that conform to the requirements for the lender's license type in the state where the property is located. PLEASE NOTE: Certain states impose a late charge restriction that requires a comparison of the late fees charge, expressed either as a percentage or a dollar amount, or as both. In cases where the user provided data does not contain the required data point, ComplianceAnalyzer^® will calculate the required data point from the late charge value entered by the user, and for such purpose will use the system's calculation of the scheduled monthly payment amount. Such data point calculations are an estimate based on the user provided data, and may not reflect the actual late charge threshold on an irregular payment, or if the maximum permitted late charge is based on the amount of the scheduled payment that is outstanding and not the entire scheduled payment.

XXX

RATE22J10037

$946,400.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

11/23/2021

11/23/2021 - no post consummation CD was entered or provided, not sure why this exception is firing. .;

12/14/2021

12/14/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested; 12/14/2021 - Change status of 'TRID Post-Consummation Reason for Redisclosure Validation Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'TRID Post-Consummation Reason for Redisclosure Validation Test' from Material to Non-Material.; 12/14/2021 - na

XXX

RATE22J10038

$1,994,471.00

Cleared

Credit

2543

Appraisal date is greater than 120 days from Origination date.

11/22/2021

11/22/2021 - Appraisal date is within 120 days of Note date.; 11/22/2021 - Appraisal dated 3/31/2021 is greater than 120 days from Note date of 10/XX/2021.;

12/01/2021

12/01/2021 - Appraisal date is within 120 days of Note date.

Borrower 1 has significant job time - Borrower has 16.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 3.92 years ; Borrower has stable job time - Borrower has 16.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10038

$1,994,471.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

11/23/2021

11/23/2021 - Initial LE reflected a Mortgage Recording fee of $287 yet the Final CD shows a fee of $445 which is a $158 increase and exceeds the max 10% allowed by $129.30. Lender credit of $150 is for the increase in Appraisal Review fee. No valid change of circumstance increasing the recording fee is in file nor evidence of an additional reimbursement to the borrower of $129.30.; 11/23/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($445.00) exceed the comparable charges ($287.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/03/2021

12/03/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($315.00) do not exceed the comparable charges ($287.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

XXX

RATE22J10039

$644,800.00

Cleared

Credit

1462

Liquid Reserves are less than Guidelines Required

12/3/2021

12/03/2021 - The liquid reserves of 0.02 months or $64.53, are less than the Guidelines minimum required of 6.00 or $21908.34.;

12/15/2021

12/15/2021 - The liquid reserves of 12.19 months or $44511.72, is greater than or equal to the Guidelines minimum required of 6.00 or $21908.34.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 784 is Greater than the Guideline Minimum of 680. ; Borrower 1 has significant job time - Borrower has 6.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 4.50 years ; Borrower has stable job time - Borrower has 6.00 years at job.

XXX

RATE22J10042

$589,600.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/24/2021

11/24/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 09/01/2021, with a release date of 09/03/2021. The appraisal in file is dated 08/25/2021 and the Post Disaster Inspection in file is dated 09/29/2021, both show no damage. Exception is for informational purposes only.;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 802 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 27.19 months or $107963.82 are greater than the Guideline Minimum of 6.00 or $23823.12. ; Borrower 1 has significant job time - Borrower has 20.00 years on job ; Borrower has stable job time - Borrower has 20.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10042

$589,600.00

Cleared

Compliance

-97466

Home Loan

11/23/2021

11/23/2021 - Home Loan (NY SB 8143 Section 5, 1(d))

The loan is a home loan, as defined in the legislation, due to all of the following findings:The principal amount of the loan does not exceed the conforming loan size limit for a comparable dwelling as established from time to time by the Federal National Mortgage Association ($822,375.00); andThe debt is incurred by the borrower primarily for personal, family, or household purposes; andThe loan is secured by a mortgage or deed of trust on real estate upon which there is located or there is to be located a structure or structures intended principally for occupancy of from one to four families which is or will be occupied by the borrower as the borrower's principal dwelling.;

12/21/2021

12/21/2021 - Change severity of 'Home Loan' from Material to Non-Material.; 12/21/2021 - Change status of 'Home Loan' from Active to Acknowledged by Client.; 12/21/2021 - Acknowledged

Waiver

Client

XXX

RATE22J10045

$1,124,400.00

Cleared

Credit

1904

Hazard Insurance Coverage is Not Sufficient

11/8/2021

11/15/2021 - Hazard insurance coverage is 687000.00, the subject loan amount is 1124400.00 with the hazard insurance replacement coverage of No and estimated replacement value of ___.; 11/15/2021 - Hazard insurance coverage of 687000.00 is not sufficient. The subject loan amount is 1124400.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXXX.; 11/08/2021 - Hazard insurance coverage of 550000.00 is not sufficient. The subject loan amount is 1124400.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXXX.; 11/08/2021 - Hazard insurance coverage is 687000.00, the subject loan amount is 1124400.00 with the hazard insurance replacement coverage of Yes and estimated replacement value of XXX.;

11/18/2021

11/18/2021 - Cleared; 11/18/2021 - Hazard insurance coverage is 687000.00, the subject loan amount is 1124400.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXX.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 767 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 63.42 months or $379448.00 are greater than the Guideline Minimum of 12.00 or $71801.04. ; Borrower 1 has significant job time - Borrower has 23.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 6.60 years ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10046

$593,200.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

12/6/2021

12/06/2021 - Fraud report shows the following alerts that have not been cleared:;

12/06/2021

12/06/2021 - Alerts from Fraud Report have been cleared.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 26.11 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 749 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 66.41 months or $274532.42 are greater than the Guideline Minimum of 12.00 or $49603.56. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.08 years

XXX

RATE22J10049

$640,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

11/29/2021

11/29/2021 - Hazard insurance coverage of 470000.00 is not sufficent. The subject loan amount is 640000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/15/2021

12/15/2021 - Hazard insurance coverage is sufficient. RCE was provided. Condition cleared.

Borrower has more than 2 years at current residence - Borrower at current residence 4.11 years ; Borrower has stable job time - Borrower has 5.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 168014.39 are greater than the Guideline Minimum of 143968.60.

XXX

RATE22J10050

$825,000.00

Cleared

Credit

2543

Appraisal date is greater than 120 days from Origination date.

11/24/2021

11/29/2021 - A recertification was provided in the loan file located on page 1227 dated 09/04/2021 supporting the original appraised value.; 11/29/2021 - Change severity of 'Appraisal date is greater than 120 days from Origination date.' from Material to Non-Material.; 11/29/2021 - Change status of 'Appraisal date is greater than 120 days from Origination date.' from Active to Acknowledged by Client.; 11/24/2021 - Appraisal dated 5/5/2021 is greater than 120 days from Note date of 10/XX/2021.;

11/29/2021

11/29/2021 - A recertification was provided in the loan file located on page 1227 dated 09/04/2021 supporting the original appraised value.;

Original LTV is Below the Guideline Maximum - Calculated LTV of 58.93 is less than Guideline LTV of 89.99. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 58.93 is less than Guideline CLTV of 89.99. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 790 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 71.88 months or $335289.04 are greater than the Guideline Minimum of 6.00 or $27987.28. ; Borrower 1 has significant job time - Borrower has 16.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.33 years ; Borrower has stable job time - Borrower has 16.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10053

$700,000.00

Cleared

Credit

1261

Borrower Income Verification does not match Approval

11/11/2021

11/11/2021 - Need most recent 30 days of pay stubs.;

11/19/2021

11/19/2021 - na; 11/19/2021 - The borrower income verification does match approval

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 32.80 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 53.85 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 53.85 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 773 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 60.66 months or $282398.34 are greater than the Guideline Minimum of 6.00 or $27932.24. ; Borrower 1 has significant job time - Borrower has 15.67 years on job ; Borrower has stable job time - Borrower has 15.67 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10053

$700,000.00

Cleared

Credit

1262

CoBorrower Income Verification does not match Approval

11/11/2021

11/11/2021 - Need most recent 30 days of pay stubs.;

11/19/2021

11/19/2021 - na; 11/19/2021 - The coborrower income verification does match approval

XXX

RATE22J10055

$997,500.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/3/2021

12/03/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 08/14/2020, with a release date of 09/26/2020. The appraisal in file is dated 10/09/2021 and shows no damage. Exception is for informational purposes only.

;

12/06/2021

12/06/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 795 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 152.23 months or $860505.05 are greater than the Guideline Minimum of 12.00 or $67831.64. ; Borrower 1 has significant job time - Borrower has 8.83 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.08 years ; Borrower has stable job time - Borrower has 8.83 years at job.

XXX

RATE22J10056

$988,900.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/17/2021

11/17/2021 - Property is located in a FEMA disaster area. FEMA declaredXXX county in a disaster area (hurricane) on 9/5/2021, incident occurred on 9/1/2021. The appraisal in file is dated 10/21/2021 and shows no damage. Exception is for informational purposes only.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower has more than 2 years at current residence - Borrower at current residence 4.33 years

XXX

RATE22J10056

$988,900.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

11/17/2021

12/06/2021 - Hazard insurance coverage is sufficient.; 11/17/2021 - Hazard insurance coverage of 612500.00 is not sufficent. The subject loan amount is 988900.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/09/2021

12/09/2021 - na; 12/09/2021 - Hazard insurance coverage is sufficient.

Borrower has more than 2 years at current residence - Borrower at current residence 4.33 years

XXX

RATE22J10057

$680,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

11/29/2021

11/29/2021 - Third Party Valuation Product Not Provided and CU Score is 2.60.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.; 12/08/2021 - na; 12/08/2021 - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5' from Active to Acknowledged by Client.

Borrower 1 has significant job time - Borrower has 11.00 years on job ; Borrower has stable job time - Borrower has 11.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 67654.37 are greater than the Guideline Minimum of 0.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10057

$680,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/29/2021

11/29/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10058

$932,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/20/2021

11/20/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 09/01/2021, with a release date of 09/03/2021. The appraisal in file is dated 08/18/2021 and shows no damage. Exception is for informational purposes only. ;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 793 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 41.60 months or $240592.22 are greater than the Guideline Minimum of 6.00 or $34704.28. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.00 years ; Borrower has stable job time - Borrower has 4.50 years at job.

XXX

RATE22J10059

$740,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/12/2021

11/12/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (fire) on 8/24/2021, incident occurred on 7/14/2021. The appraisal in file is dated 10/14/2021 and shows no damage. Exception is for informational purposes only.;

11/16/2021

11/16/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 22.95 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 800 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 25.37 months or $113047.34 are greater than the Guideline Minimum of 6.00 or $26732.12. ; Borrower has stable job time - Borrower has 4.75 years at job.

XXX

RATE22J10060

$870,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

11/19/2021

11/19/2021 - Third Party Valuation Product Not Provided and CU Score is 2.60.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 32.70 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 65.66 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 65.66 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 787 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 132.09 months or $671532.99 are greater than the Guideline Minimum of 6.00 or $30504.06. ; Borrower has stable job time - Borrower has 308.00 years at job.

XXX

RATE22J10060

$870,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/19/2021

11/19/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10061

$883,100.00

Cleared

Credit

2543

Appraisal date is greater than 120 days from Origination date.

11/24/2021

11/30/2021 - A recertification was provided in the loan file located on page 749 dated 09/29/2021 supporting the original appraised value.; 11/30/2021 - Change severity of 'Appraisal date is greater than 120 days from Origination date.' from Material to Non-Material.; 11/30/2021 - Change status of 'Appraisal date is greater than 120 days from Origination date.' from Active to Acknowledged by Client.; 11/24/2021 - Appraisal dated 6/2/2021 is greater than 120 days from Note date of 10/XX/2021.;

11/30/2021

11/30/2021 - A recertification was provided in the loan file located on page 749 dated 09/29/2021 supporting the original appraised value.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 21.13 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 758 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 49.99 months or $287211.30 are greater than the Guideline Minimum of 6.00 or $34472.92. ; Borrower 1 has significant job time - Borrower has 8.50 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.50 years ; Borrower has stable job time - Borrower has 8.50 years at job.

XXX

RATE22J10062

$1,950,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

12/6/2021

12/06/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $922,359.77. The disclosed finance charge of $921,256.69 is not considered accurate because it is understated by more than $100.;

12/15/2021

12/15/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $921,106.69. The disclosed finance charge of $921,256.69 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 26.25 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 813 is Greater than the Guideline Minimum of 740. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 102.10 months or $1066902.38 are greater than the Guideline Minimum of 12.00 or $125396.16.

XXX

RATE22J10062

$1,950,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/6/2021

12/15/2021

12/15/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $100.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10062

$1,950,000.00

Cleared

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

12/6/2021

12/06/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 9/XX/2021;

12/15/2021

12/15/2021 - Original PI Payment on Note matches Final CD

XXX

RATE22J10062

$1,950,000.00

Cleared

Credit

1904

Hazard Insurance Coverage is Not Sufficient

12/6/2021

12/06/2021 - Hazard insurance coverage of 841250.00 is not sufficient. The subject loan amount is 1950000.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXXX.;

12/20/2021

12/20/2021 - Replacement Cost Estimate received/reviewed- condition cleared. ; 12/20/2021 - Hazard insurance coverage is 841250.00, the subject loan amount is 1950000.00 with the hazard insurance replacement coverage of Yes and estimated replacement value of XXXX.

XXX

RATE22J10062

$1,950,000.00

Cleared

Property

2075

Title Issues Present

12/3/2021

12/03/2021 - The following issues were noted: Title Prelim is insufficent. Provided updated title/Final policy with borrowers vesting and Borrowers and Lender coverage amount sufficient enough to voer loan amount of $1,950,000.00. .;

12/20/2021

12/20/2021 - Final Title received/reviewed - condition cleared.

XXX

RATE22J10062

$1,950,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/6/2021

12/06/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. TILA Fees are under stated by $1,103.08;

12/20/2021

12/20/2021 - CE has no issues. Exception cleared.

XXX

RATE22J10063

$700,000.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

12/2/2021

12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.; 12/02/2021 - The home loan toolket is Missing;

12/8/2021

12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.; 12/02/2021 - The home loan toolket is Missing;

Waiver

Client

Borrower has stable job time - Borrower has 2.83 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 927994.03 are greater than the Guideline Minimum of 24533.16.

XXX

RATE22J10063

$700,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/8/2021

12/08/2021 - Third Party Valuation Product Not Provided and CU Score is 3.90.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

XXX

RATE22J10063

$700,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/8/2021

12/08/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10063

$700,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/2/2021

12/02/2021 - Property is located in a FEMA disaster area with no post disaster inpection;

12/14/2021

12/14/2021 - Cleared; 12/14/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.

Waiver

Client

XXX

RATE22J10064

$1,005,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/19/2021

11/19/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 09/01/2021, with a release date of 09/02/2021. The appraisal in file is dated 05/17/2021 and shows no damage, however the appraisal date is prior to the FEMA release date. A Post Disaster Inspection is required.

;

11/29/2021

11/29/2021 - Cleared; 11/29/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 11/29/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.

Waiver

Client

Original LTV is Below the Guideline Maximum - Calculated LTV of 53.60 is less than Guideline LTV of 89.99. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 53.96 is less than Guideline CLTV of 89.99. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 775 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 53.46 months or $357122.45 are greater than the Guideline Minimum of 6.00 or $40081.28. ; Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 6.00 years ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10064

$1,005,000.00

Cleared

Credit

2543

Appraisal date is greater than 120 days from Origination date.

11/17/2021

11/19/2021 - A recertification was provided in the loan file located on page 3856 dated 09/14/2021 supporting the original appraised value. ; 11/19/2021 - Change severity of 'Appraisal date is greater than 120 days from Origination date.' from Material to Non-Material.; 11/17/2021 - Appraisal dated 5/17/2021 is greater than 120 days from Note date of 9/XX/2021.;

11/29/2021

11/29/2021 - na; 11/29/2021 - Appraisal date is within 120 days of Note date.

XXX

RATE22J10065

$568,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/17/2021

11/17/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/14/2021

12/14/2021 - UCDP (score of 1) was received/reviewed-condition cleared. ; 12/09/2021 - Finding remains as we have received a DAIR but not a third party vaulation report.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 759 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 69.08 months or $243298.21 are greater than the Guideline Minimum of 6.00 or $21133.20. ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10068

$812,000.00

Cleared

Credit

896

Underwriting LTV exceeds Guideline Maximum Allowable

11/12/2021

11/12/2021 - Per loan matrix loan is underwritten to Rate Jumbo 30 year Fixed. However, it appears it was underwritten to Rate Rapid Jumbo AUS Guidelines. 1008 reflects approved by DU and DU approve/ineligible is in the loan file. LTV of 77.26% exceeds Guideline max of 75.00%.; 11/12/2021 - Underwriting LTV of 77.26 is greater than the maximum allowable guideline LTV of 75.00 based on a loan amount of 812000.00 and value used for LTV of 0.00.;

11/22/2021

11/22/2021 - Original LTV of 77.26 adheres to the guideline maximum LTV of 77.26.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 766 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10068

$812,000.00

Cleared

Credit

897

Underwriting CLTV exceeds Guideline Maximum Allowable

11/12/2021

11/12/2021 - Per loan matrix loan is underwritten to Rate Jumbo 30 year Fixed. However, it appears it was underwritten to Rate Rapid Jumbo AUS Guidelines. 1008 reflects approved by DU and DU approve/ineligible is in the loan file. CLTV of 77.26% exceeds Guideline max of 75.00%.; 11/12/2021 - Underwriting CLTV of 77.26 is greater than the maximum allowable guideline CLTV of 75.00.;

11/22/2021

11/22/2021 - Original CLTV of 77.26 adheres to the guideline maximum CLTV of 77.26.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 766 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10068

$812,000.00

Cleared

Credit

3497

Cash to Borrower Exceeds Maximum Allowable

11/12/2021

11/12/2021 - Guideline maximum amount to borrower is: $500,000.; 11/12/2021 - Cash to borrower exceeds maximum allowable. Guideline maximum amount to borrower is: $500,000.;

11/22/2021

11/22/2021 - Cleared; 11/22/2021 - Cash to borrower does not exceed maximum allowable.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 766 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10069

$660,765.00

Cleared

Credit

942

Flood Certificate is Missing

11/10/2021

11/10/2021 - The flood certification is Missing;

11/23/2021

11/23/2021 - na; 11/23/2021 - The flood certification is Present

Borrower 1 has significant job time - Borrower has 6.00 years on job ; Borrower has stable job time - Borrower has 6.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 78.39 are greater than the Guideline Minimum of 12.00.

XXX

RATE22J10071

$648,600.00

Cleared

Credit

2077

Fraud Report Missing

12/7/2021

12/07/2021 - Fraud report Missing.;

12/15/2021

12/15/2021 - Fraud report Present.

Borrower 1 has significant job time - Borrower has 20.00 years on job ; Borrower has stable job time - Borrower has 20.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 250.72 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10073

$1,000,000.00

Cleared

Credit

651

Borrower Liabilities Verification Indicator is Partial

11/8/2021

11/08/2021 - Borrower liabilities verified indicator is Partial. The document provided to evidence the monthly tax obligation for the former retained primary residence at XXX, is not sufficient because it does not reflect a property address, and the parcel number shown cannot be tied to the property. Provide evidence parcel ID#XXX is tied to XXX. Montlhly taxes not to exceed $483.02 used to qualify, and additional conditions may apply.

;

12/20/2021

12/20/2021 - Borrower liabilities verified indicator is Present; 12/20/2021 - 12/20/2021- cleared Lender provided documentation to support the Tax ID matches Address.

Borrower has more than 2 years at current residence - Borrower at current residence 4.41 years ; Borrower has stable job time - Borrower has 3.16 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 37.15 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10073

$1,000,000.00

Cleared

Credit

1258

CoBorrower Employment Verification does not meet guidelines

11/8/2021

11/08/2021 - The written verification of employment for the Coborrower is illegible in the comments section, (box 20). Provide a legible copy, of the written verification. Explain any gaps in employment that span six or more months, additonal conditions may apply. ;

12/20/2021

12/20/2021 - Lender supplied legible WVOI; 12/20/2021 - 12/20/2021 Legible Copy of the CB VVOI was provided and supports 2 yrs employment with the LOA noted- Condtion Cleared

XXX

RATE22J10073

$1,000,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/9/2021

11/09/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. Acceptable documentation to evidence a Two year consecutive work history for the Co-borrower with no unexplained gaps six months or longer. ;

12/20/2021

12/20/2021 - x

XXX

RATE22J10074

$660,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

12/3/2021

12/03/2021 - the file has failed the TIL Finance Charge Test. The fiance charge is $332,196.33. The disclosed amount is $332,066.33 is not accurate due to the amount beign underdisclosed by more than $100.00;

12/15/2021

12/15/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $332,566.33. The disclosed finance charge of $332,566.00 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/15/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $332,816.33. The disclosed finance charge of $332,066.33 is not considered accurate because it is understated by more than $100.; 12/15/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $332,566.33. The disclosed finance charge of $332,066.33 is not considered accurate because it is understated by more than $100.; 12/15/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $332,296.33. The disclosed finance charge of $332,066.33 is not considered accurate because it is understated by more than $100.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 21.23 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 765 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 50.71 months or $220283.75 are greater than the Guideline Minimum of 6.00 or $26065.44. ; Borrower has more than 2 years at current residence - Borrower at current residence 4.00 years

XXX

RATE22J10075

$1,304,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/6/2021

12/06/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. - Per AUS, item #23 under observations - No validation of SS number. A valida SS card to be provided or SSA-89 to be validateion. No documentation located in file. ;

12/20/2021

12/20/2021 - Exception cleared; SSN validation in file on page 341.

Borrower has more than 2 years at current residence - Borrower at current residence 2.83 years ; Borrower has stable job time - Borrower has 3.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 39.14 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10075

$1,304,000.00

Cleared

Credit

3582

Balance Sheet Does Not Meet Guidelines

12/6/2021

12/06/2021 - Balance Sheet Does Not Meet Guidelines.. Balance is required for 1120s businesses and should cover from last filing of current fiscal year ;

12/20/2021

12/20/2021 - Exception cleared; Lender provided balance sheets on page 524 and 526.

XXX

RATE22J10077

$615,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/3/2021

12/03/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 2.40 years ; Borrower has stable job time - Borrower has 4.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 325.13 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10077

$615,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/3/2021

12/03/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $150.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/15/2021

XXX

RATE22J10077

$615,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/3/2021

12/03/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $150.25.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/15/2021

XXX

RATE22J10077

$615,000.00

Cleared

Credit

651

Borrower Liabilities Verification Indicator is Partial

12/3/2021

12/03/2021 - Borrower liabilities verified indicator is Partial. File indicates the departing residence is pending sale. File includes a purchase agreement. File is missing a final seller's CD for property. Other property on credit is a seasonal vacation rental. Full PITI utilized in DTI.;

12/21/2021

12/21/2021 - Borrower liabilities verified indicator is Present

XXX

RATE22J10077

$615,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/3/2021

12/03/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. Borrower liabilities verified indicator is Partial. File indicates the departing residence is pending sale. File includes a purchase agreement. File is missing a final seller's CD for property. Other property on credit is a seasonal vacation rental. Full PITI utilized in DTI.;

12/21/2021

12/21/2021 - Documents marked missing were not required.

XXX

RATE22J10077

$615,000.00

Cleared

Credit

3581

Profit and Loss Does Not Meet Guidelines

12/3/2021

12/03/2021 - Profit and Loss Does Not Meet Guidelines. P & L is missing from file. ;

12/21/2021

12/21/2021 - Rebuttal received/reviewed (review of guidelines) - condition is cleared.

XXX

RATE22J10077

$615,000.00

Cleared

Credit

3582

Balance Sheet Does Not Meet Guidelines

12/3/2021

12/03/2021 - Balance Sheet Does Not Meet Guidelines. Balance sheet is missing from loan file.;

12/21/2021

12/21/2021 - Rebuttal received/reviewed (review of guidelines) - condition is cleared.

XXX

RATE22J10079

$855,000.00

Cleared

Credit

2543

Appraisal date is greater than 120 days from Origination date.

11/14/2021

11/14/2021 - Appraisal dated 6/21/2021 is greater than 120 days from Note date of 10/XX/2021. Recert of value and completion cert in file is dated 10/18/21.;

12/01/2021

12/01/2021 - na; 12/01/2021 - Appraisal date is within 120 days of Note date.

Original LTV is Below the Guideline Maximum - Calculated LTV of 41.71 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 41.71 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 794 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 164.30 months or $695557.29 are greater than the Guideline Minimum of 12.00 or $50801.56. ; Borrower 1 has significant job time - Borrower has 27.00 years on job ; Borrower has stable job time - Borrower has 27.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10080

$768,000.00

Cleared

Compliance

-98777

Prohibited Fees Test

11/14/2021

11/16/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points; 11/14/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A person licensed as a mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A person licensed as a mortgage banker or correspondent mortgage banker shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

11/16/2021

11/16/2021 - This loan passed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does not charge a fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points; 11/16/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points

Borrower 1 has significant job time - Borrower has 27.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.90 years ; Borrower has stable job time - Borrower has 5.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 22.22 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10080

$768,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/14/2021

11/16/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 11/14/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

11/16/2021

11/16/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 11/16/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.

XXX

RATE22J10080

$768,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/14/2021

11/14/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

11/16/2021

XXX

RATE22J10080

$768,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/14/2021

11/16/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/14/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $321.55.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

11/16/2021

XXX

RATE22J10080

$768,000.00

Cleared

Credit

1261

Borrower Income Verification does not match Approval

11/16/2021

11/16/2021 - The borrower income verification does not match approval. File is missing current paystub for Borrower dated no more than 30 days prior to submission date to support current monthly income of $ 18,056. File is missing complete copy of the 2019 and 2020 1040s and the 2020 S Corp tax returns (signature pages only in image file) to complete review/meet QM guidelines.;

12/06/2021

12/06/2021 - cleared; 12/06/2021 - The borrower income verification does match approval

XXX

RATE22J10080

$768,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/16/2021

11/16/2021 - Fraud report shows the following alerts that have not been cleared: File is missing evidence the NMLS for settlement agent was cleared (XXX # XXX-NJ);

12/06/2021

12/06/2021 - na; 12/06/2021 - Alerts from Fraud Report have been cleared.

XXX

RATE22J10080

$768,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/16/2021

11/16/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. Missing income documents;

12/06/2021

12/06/2021 - cleared; 12/06/2021 - The exception 'ATR/QM Status is Pending' is cleared.

XXX

RATE22J10080

$768,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/16/2021

11/16/2021 - Property is located in a FEMA disaster area with no post disaster inspection. FEMA declared XXX county in a disaster area (Hurricane) on 09/01/2021, with no a release date the date of audit. The appraisal in file is dated 109/09/2021 0 and shows no damage. Lender's provided a post disaster inspection report dated 09/30/2021 and no damage was evident. Exception is for informational purposes only. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

XXX

RATE22J10082

$775,000.00

Cleared

Compliance

-96468

Initial Closing Disclosure Delivery Date Test

11/23/2021

11/23/2021 - Initial Closing Disclosure was not received with the loan file; 11/23/2021 - This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.;

12/01/2021

12/01/2021 - This loan passed the initial closing disclosure delivery date test.( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is not less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.The creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 27.62 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 35.23 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 38.32 is less than Guideline CLTV of 80.00. ; Borrower 1 has significant job time - Borrower has 19.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 14.92 years ; Borrower has stable job time - Borrower has 19.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10082

$775,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/23/2021

11/23/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/01/2021

12/01/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10082

$775,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/23/2021

11/23/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $250.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 11/23/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $450.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/01/2021

12/01/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/01/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $250.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10082

$775,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/23/2021

11/23/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $250.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/23/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $450.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/01/2021

12/01/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/01/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $250.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.

XXX

RATE22J10082

$775,000.00

Cleared

Credit

2543

Appraisal date is greater than 120 days from Origination date.

11/23/2021

11/23/2021 - Appraisal dated 6/10/2021 is greater than 120 days from Note date of 10/XX/2021.; 11/23/2021 - Appraisal Update dated 10/11/2021 provided with loan file p930;

12/02/2021

12/02/2021 - Cleared; 12/02/2021 - Appraisal date is within 120 days of Note date.

XXX

RATE22J10083

$848,000.00

Cleared

Compliance

-96383

TRID Initial Closing Disclosure Date and Funding Date Validation Test

11/19/2021

11/19/2021 - Final CD reflects a disbursement date and prepaid interest start date of 10/XX/21 yet the date of consummation was 10/XX/21.; 11/19/2021 - This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields.;

11/23/2021

11/23/2021 - This compliance test 'TRID Initial Closing Disclosure Date and Funding Date Validation Test' is no longer tested

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 32.95 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 752 is Greater than the Guideline Minimum of 680. ; Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.00 years ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10083

$848,000.00

Cleared

Compliance

-96288

Per Diem Interest Amount Test

11/18/2021

11/19/2021 - This loan passed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($1,815.00) does not exceed the per diem interest charge or credit threshold ($1,914.86).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.; 11/18/2021 - This loan passed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($1,815.00) does not exceed the per diem interest charge or credit threshold ($2,393.26).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.;

11/23/2021

11/23/2021 - This loan passed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($1,473.20) does not exceed the per diem interest charge or credit threshold ($1,473.20).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.; 11/23/2021 - This loan failed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($1,815.00) exceeds the per diem interest charge or credit threshold ($1,473.20).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.

XXX

RATE22J10087

$584,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/15/2021

11/15/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q.--Missing 2 months bank statements for XXX Partnership checking as required per DU to confirm borrower has sufficient reserves as required per Lender overlay.;

11/19/2021

11/19/2021 - Cleared; 11/19/2021 - The exception 'ATR/QM Status is Pending' is cleared.

Borrower 1 has significant job time - Borrower has 16.08 years on job ; Borrower has stable job time - Borrower has 16.08 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 52.17 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10087

$584,000.00

Cleared

Credit

3605

Asset Documents are Incomplete

11/15/2021

11/15/2021 - Asset Documents are Incomplete: Missing 2 months bank statements for XXX Partnership checking account and confirmation borrower is 100% owner of the account (XXX is the Borrower's employer) to confirm borrower has sufficient reserves required per Lender overlay.;

11/19/2021

11/19/2021 - Cleared; 11/19/2021 - The exception 'Asset Documents are Incomplete' is cleared.

XXX

RATE22J10089

$735,000.00

Cleared

Compliance

-97566

Mortgage Loan Finding

11/11/2021

11/11/2021 - Mortgage Loan (KRS 286.8-010 as amended by KY HB 552, Section 4 (2008))

The loan is a mortgage loan, as defined in the Kentucky Revised Statutes, because it is secured by a mortgage on residential real property containing four or fewer units.;

12/21/2021

12/21/2021 - Change status of 'Mortgage Loan Finding' from Active to Acknowledged by Client.; 12/21/2021 - Change severity of 'Mortgage Loan Finding' from Material to Non-Material.; 12/21/2021 - Acknowledged

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 31.40 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 768 is Greater than the Guideline Minimum of 720. ; Borrower 1 has significant job time - Borrower has 14.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.50 years ; Borrower has stable job time - Borrower has 14.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10091

$1,000,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/15/2021

11/15/2021 - Fraud report shows the following alerts that have not been cleared: ASC SEARCH RETURNED NO STATE LICENSE MATCH ON XXX.;

11/19/2021

11/19/2021 - na; 11/19/2021 - Alerts from Fraud Report have been cleared.

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 36.50 are greater than the Guideline Minimum of 12.00.

XXX

RATE22J10091

$1,000,000.00

Cleared

Property

3522

Appraiser's License was Inactive at time of origination

11/15/2021

11/15/2021 - Appraiser's License was Inactive at time of origination. Appraiser license for supervisory appaiserer is inactive on asc.gov website.;

11/19/2021

11/19/2021 - na; 11/19/2021 - The exception 'Appraiser's License was Inactive at time of origination' is cleared.

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 36.50 are greater than the Guideline Minimum of 12.00.

XXX

RATE22J10091

$1,000,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

11/16/2021

11/16/2021 - Third Party Valuation Product Not Provided and CU Score is 3.40.;

12/02/2021

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 36.50 are greater than the Guideline Minimum of 12.00.

XXX

RATE22J10091

$1,000,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/16/2021

11/16/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/02/2021

12/02/2021 - Third Party Valuation Product Provided

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 36.50 are greater than the Guideline Minimum of 12.00.

XXX

RATE22J10093

$1,023,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/1/2021

12/01/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/08/2021

12/08/2021 - Third Party Valuation Product Provided

Borrower has more than 2 years at current residence - Borrower at current residence 2.08 years ; Borrower has stable job time - Borrower has 2.13 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 27.40 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10096

$1,036,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/24/2021

11/24/2021 - Property is located in a FEMA disaster areaFEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 09/28/2021 and shows no damage. Exception is for informational purposes only.

;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

Borrower has more than 2 years at current residence - Borrower at current residence 6.08 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 81.59 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10096

$1,036,000.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

11/22/2021

11/22/2021 - The security instrument indicator is Missing;

11/29/2021

11/29/2021 - Cleared; 11/29/2021 - The security instrument indicator is Present

XXX

RATE22J10098

$1,280,000.00

Acknowledged

Compliance

1681

Tex. Const. art. XVI § 50(f)(2) - Texas F2 Notice for Non Home Equity was not provided

11/17/2021

11/17/2021 - Tex. Const. art. XVI, § 50(f)(2) - Texas F2 Notice for Non Home Equity was not provided;

12/07/2021

12/07/2021 - na; 12/07/2021 - Change status of 'Tex. Const. art. XVI, § 50(f)(2) - Texas F2 Notice for Non Home Equity was not provided' from Active to Acknowledged by Client.; 12/07/2021 - Change severity of 'Tex. Const. art. XVI, § 50(f)(2) - Texas F2 Notice for Non Home Equity was not provided' from Material to Non-Material.

Waiver

Client

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 782 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10098

$1,280,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/17/2021

11/17/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area Texas Severe Winter Storms XXX Incident Period: Feb 11, 2021 - Feb 21, 2021 Declaration Date: Feb 19, 2021 . Appraisal in file dated 9/9/21 does not reflect any damage. Exception is for informational purposes only.

;

12/07/2021

12/07/2021 - na; 12/07/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/07/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.

Waiver

Client

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 782 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10099

$960,000.00

Cleared

Compliance

-99944

Late Fees Test

12/1/2021

12/01/2021 - This loan failed the late fees test.The loan has late fees that do not conform to the requirements for the lender's license type in the state where the property is located.PLEASE NOTE: Certain states impose a late charge restriction that requires a comparison of the late fees charge, expressed either as a percentage or a dollar amount, or as both. In cases where the user provided data does not contain the required data point, ComplianceAnalyzer^® will calculate the required data point from the late charge value entered by the user, and for such purpose will use the system's calculation of the scheduled monthly payment amount. Such data point calculations are an estimate based on the user provided data, and may not reflect the actual late charge threshold on an irregular payment, or if the maximum permitted late charge is based on the amount of the scheduled payment that is outstanding and not the entire scheduled payment.;

12/15/2021

12/15/2021 - This loan passed the late fees test.The loan has late fees that conform to the requirements for the lender's license type in the state where the property is located. PLEASE NOTE: Certain states impose a late charge restriction that requires a comparison of the late fees charge, expressed either as a percentage or a dollar amount, or as both. In cases where the user provided data does not contain the required data point, ComplianceAnalyzer^® will calculate the required data point from the late charge value entered by the user, and for such purpose will use the system's calculation of the scheduled monthly payment amount. Such data point calculations are an estimate based on the user provided data, and may not reflect the actual late charge threshold on an irregular payment, or if the maximum permitted late charge is based on the amount of the scheduled payment that is outstanding and not the entire scheduled payment.

Borrower has stable job time - Borrower has 4.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 553246.74 are greater than the Guideline Minimum of 174277.00.

XXX

RATE22J10099

$960,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

12/1/2021

12/01/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $476,941.82. The disclosed finance charge of $479,768.64 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.;

12/15/2021

12/15/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $479,488.02. The disclosed finance charge of $479,768.64 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/15/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $480,113.02. The disclosed finance charge of $479,768.64 is not considered accurate because it is understated by more than $100.; 12/15/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $478,113.07. The disclosed finance charge of $479,768.64 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.

XXX

RATE22J10099

$960,000.00

Cleared

Compliance

-96633

RESPA Homeownership Counseling Organizations Disclosure Date Test

12/1/2021

12/01/2021 - This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NonePlease note: This test does not validate the content of any list of homeownership counseling organizations.;

12/15/2021

12/15/2021 - This loan passed the homeownership counseling organizations disclosure date test. ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is within three business days of the loan originator's application date, and the homeownership counseling organizations disclosure date is on or before the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NonePlease note: This test does not validate the content of any list of homeownership counseling organizations.

XXX

RATE22J10099

$960,000.00

Cleared

Compliance

-96485

Initial Loan Estimate Delivery Date Test (from application)

12/1/2021

12/01/2021 - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.;

12/15/2021

12/15/2021 - This loan passed the initial loan estimate delivery date test (from application).( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

XXX

RATE22J10099

$960,000.00

Cleared

Compliance

-96375

TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test

12/1/2021

12/01/2021 - This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker.;

12/15/2021

12/15/2021 - This compliance test 'TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test' is no longer tested

XXX

RATE22J10099

$960,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/1/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10099

$960,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/1/2021

12/15/2021

XXX

RATE22J10099

$960,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/1/2021

12/01/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($3,650.38) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/15/2021

12/15/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($396.00) do not exceed the comparable charges ($389.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 12/15/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($3,650.38) do not exceed the comparable charges ($4,289.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

XXX

RATE22J10099

$960,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/1/2021

12/15/2021

XXX

RATE22J10099

$960,000.00

Cleared

Compliance

-96162

Written List of Service Providers Disclosure Date Test

12/1/2021

12/01/2021 - This loan failed the written list of service providers disclosure date test for one or more of the following reasons: ( 12 CFR §1026.19(e)(1)(vi) )The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii).;

12/15/2021

12/15/2021 - This loan passed the written list of service providers disclosure date test due to the following reasons: ( 12 CFR §1026.19(e)(1)(vi) )The written list of service providers disclosure date is not less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; andThe written list of service providers disclosure date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or mortgage broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii).

XXX

RATE22J10099

$960,000.00

Cleared

Credit

1839

Property flood zone reflects property is in a Flood Zone but Special Flood Zone is marked No

12/1/2021

12/01/2021 - Property flood zone of Zone AE reflects property is in a Flood Zone but Special Flood Zone is marked No;

12/15/2021

12/15/2021 - Property flood zone of Zone AE reflects property is in a Flood Zone and Special Flood Zone is marked Yes; 12/14/2021 - Change severity of 'Property flood zone reflects property is in a Flood Zone but Special Flood Zone is marked No' from Material to Non-Material. Flood zone is AE but Flood Insurance is not requried.

XXX

RATE22J10102

$1,840,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/8/2021

12/08/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 32.65 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 774 is Greater than the Guideline Minimum of 740. ; Borrower has more than 2 years at current residence - Borrower at current residence 2.33 years ; Borrower has stable job time - Borrower has 2.41 years at job.

XXX

RATE22J10103

$864,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/18/2021

11/18/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q.-Due to incomplete asset verification, missing source of large deposit.;

12/02/2021

12/02/2021 - Cleared; 12/02/2021 - The exception 'ATR/QM Status is Pending' is cleared.

Borrower has stable job time - Borrower has 5.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 22.77 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10103

$864,000.00

Cleared

Credit

3605

Asset Documents are Incomplete

11/10/2021

11/10/2021 - Asset Documents are Incomplete: Provide evidence for 8/31/21 large deposit of $100,000 to XXX account ending in #XXXX;

12/02/2021

12/02/2021 - Cleared; 12/02/2021 - The exception 'Asset Documents are Incomplete' is cleared.

XXX

RATE22J10105

$612,000.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

11/30/2021

11/30/2021 - The security instrument indicator is Missing;

12/20/2021

12/20/2021 - Cleared 12/14/2021; 12/14/2021 - The security instrument received/reviewed - condition cleared.

Borrower 1 has significant job time - Borrower has 8.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 14.25 years ; Borrower has stable job time - Borrower has 8.00 years at job.

XXX

RATE22J10111

$604,000.00

Cleared

Credit

951

Condo Approval Missing

11/17/2021

11/17/2021 - Condo approval indicator is Missing;

12/14/2021

12/14/2021 - na; 12/14/2021 - Condo approval indicator is Present

Borrower 1 has significant job time - Borrower has 27.00 years on job ; Borrower has stable job time - Borrower has 27.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 27.52 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10111

$604,000.00

Cleared

Compliance

1678

Collateral Protection Act 815 Ill. Comp. Stat. 180/1 et seq. - Collateral Protection Notice was not provided

11/17/2021

11/17/2021 - Collateral Protection Act, 815 Ill. Comp. Stat. 180/1 et seq. - Collateral Protection Notice was not provided;

12/14/2021

12/14/2021 - na; 12/14/2021 - Collateral Protection Notice was provided

XXX

RATE22J10111

$604,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

12/8/2021

12/08/2021 - Fraud report shows the following alerts that have not been cleared: All third party high alerts have not been cleared.;

12/14/2021

12/14/2021 - na; 12/14/2021 - Alerts from Fraud Report have been cleared.

XXX

RATE22J10112

$1,500,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/19/2021

11/20/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.; 11/19/2021 - Lender must refund borrower $31.80.;

12/09/2021

12/09/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower 1 has significant job time - Borrower has 30.67 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.00 years ; Borrower has stable job time - Borrower has 30.67 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 211250.37 are greater than the Guideline Minimum of 43041.54. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10112

$1,500,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

11/19/2021

11/20/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($122.00) exceed the comparable charges ($82.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 11/19/2021 - Lender must refund borrower $31.80.;

12/09/2021

12/09/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($82.00) do not exceed the comparable charges ($82.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

XXX

RATE22J10112

$1,500,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/19/2021

11/20/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $31.80.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/19/2021 - Lender must refund borrower $31.80.;

12/09/2021

XXX

RATE22J10113

$704,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

11/24/2021

11/24/2021 - Hazard insurance coverage of XXXX is not sufficent. The subject loan amount is XXXX with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/14/2021 - Lender provided HOI.; 12/14/2021 - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.;

12/14/2021

12/14/2021 - Exception cleared.; 12/14/2021 - Hazard insurance coverage is sufficient.

Borrower 1 has significant job time - Borrower has 13.58 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 13.58 years ; Borrower has stable job time - Borrower has 9.08 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10114

$1,330,000.00

Cleared

Credit

1862

Initial Credit Application is Not Executed

11/16/2021

11/16/2021 - The initial credit application is Not Executed;

12/22/2021

12/22/2021 - na; 12/22/2021 - The initial credit application is Present; 12/21/2021 - Acknowledged; 12/21/2021 - Change status of 'Initial Credit Application is Not Executed' from Active to Acknowledged by Client.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 16.22 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 70.00 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 70.00 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 769 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 43.75 months or $343638.73 are greater than the Guideline Minimum of 12.00 or $94260.56. ; Borrower 1 has significant job time - Borrower has 99.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 7.40 years ; Borrower has stable job time - Borrower has 27.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10115

$1,160,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area on 9/5/21 (Remnants of Hurricane XXX) with an incident period from 9/1/21 and 9/3/21. Appraisal in file is dated 7/6/21 and Post Disaster Inspection report dated 9/20/21 confirmed no damage. Exception is for informational purposes only.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower has more than 2 years at current residence - Borrower at current residence 14.90 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 65.12 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10115

$1,160,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/08/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.; 12/08/2021 - Initial LE reflected a Survey Fee of $700 yet the final CD shows a fee of $2,800 for a Survey fee to a Provider on the SSPL. The increase of $2,100 exceeds the max allowed by $1,968 and no evidence of a valid change of circumstance or reimbursement to the borrower present in the loan file.;

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/14/2021 - The lender provided a PCCD indicating that the survey fee was a service that the borrower was permitted to shop for, thus not subject to tolerance testing. Condition cleared.

XXX

RATE22J10115

$1,160,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/8/2021

12/08/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($3,200.00) exceed the comparable charges ($1,120.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 12/08/2021 - Initial LE reflected a Survey Fee of $700 yet the final CD shows a fee of $2,800 for a Survey fee to a Provider on the SSPL. The increase of $2,100 exceeds the max allowed by $1,968 and no evidence of a valid change of circumstance or reimbursement to the borrower present in the loan file.;

12/14/2021

XXX

RATE22J10115

$1,160,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/14/2021

XXX

RATE22J10117

$760,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/19/2021

11/19/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 9/5/2021, which occurred on 9/1/2021. The appraisal in file is dated 8/26/2021 and shows no damage, however a Post Disaster inspection is required.;

11/24/2021

11/24/2021 - Cleared; 11/24/2021 - Post disaster inspection confirms no property damage

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 31.84 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10118

$700,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/22/2021

11/22/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 09/15/2021 and shows no damage. Exception is for informational purposes only.

;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 24.56 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 59.91 is less than Guideline LTV of 89.99. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 59.91 is less than Guideline CLTV of 89.99. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 794 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 75.31 months or $327886.99 are greater than the Guideline Minimum of 6.00 or $26123.36. ; Borrower 1 has significant job time - Borrower has 7.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.00 years ; Borrower has stable job time - Borrower has 7.00 years at job.

XXX

RATE22J10119

$977,400.00

Acknowledged

Credit

896

Underwriting LTV exceeds Guideline Maximum Allowable

12/1/2021

12/01/2021 - Investor guidelines allow the maximum LTV of 75% for a 2-unit primary residence. Lender approved loan with 84.99% LTV. ;

12/07/2021

12/07/2021 - Lender granted DTI exception. Exception downgraded to B.; 12/07/2021 - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; 12/07/2021 - Change severity of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Material to Non-Material.

Waiver

Client

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 778 is Greater than the Guideline Minimum of 700. ; Borrower 1 has significant job time - Borrower has 6.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 9.00 years ; Borrower has stable job time - Borrower has 6.00 years at job.

XXX

RATE22J10119

$977,400.00

Acknowledged

Credit

897

Underwriting CLTV exceeds Guideline Maximum Allowable

12/1/2021

12/01/2021 - Investor guidelines allow the maximum CLTV of 75% for a 2-unit primary residence. Lender approved loan with 84.99% CLTV. ;

12/07/2021

12/07/2021 - Lender granted DTI exception. Exception downgraded to B.; 12/07/2021 - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; 12/07/2021 - Change severity of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Material to Non-Material.

Waiver

Client

XXX

RATE22J10120

$832,000.00

Cleared

Compliance

-96485

Initial Loan Estimate Delivery Date Test (from application)

11/24/2021

11/24/2021 - This loan passed the initial loan estimate delivery date test (from application).( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.; 11/24/2021 - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.;

12/06/2021

12/06/2021 - This loan passed the initial loan estimate delivery date test (from application).( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on Independence Day (07/04/2021)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.; 12/06/2021 - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on Independence Day (07/04/2021)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

Borrower 1 has significant job time - Borrower has 16.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 6.70 years ; Borrower has stable job time - Borrower has 16.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 39.00 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10120

$832,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/24/2021

11/24/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 11/24/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/06/2021

12/06/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/06/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.

XXX

RATE22J10120

$832,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/24/2021

11/24/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $20,890.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 11/24/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $450.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 11/24/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/06/2021

12/06/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/06/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $20,890.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10120

$832,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

11/24/2021

11/24/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($355.00) do not exceed the comparable charges ($500.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 11/24/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($355.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/06/2021

12/06/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($355.00) do not exceed the comparable charges ($500.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 12/06/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($355.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

XXX

RATE22J10120

$832,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/24/2021

11/24/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/24/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $450.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/24/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $21,245.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/06/2021

12/06/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/06/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $21,245.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.

XXX

RATE22J10121

$760,000.00

Cleared

Credit

651

Borrower Liabilities Verification Indicator is Partial

11/18/2021

11/18/2021 - Missing evidence of the monthly payment on the loan from XXX Bank 8/6/2021.;

11/23/2021

11/23/2021 - Cleared; 11/23/2021 - Borrower liabilities verified indicator is Present

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 27.11 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 798 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 22.29 months or $116016.73 are greater than the Guideline Minimum of 3.00 or $15614.54. ; Borrower has more than 2 years at current residence - Borrower at current residence 8.00 years ; Borrower has stable job time - Borrower has 5.00 years at job.

XXX

RATE22J10121

$760,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/18/2021

11/18/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. Missing paystubs and liability information.;

11/23/2021

11/23/2021 - CLeared; 11/23/2021 - The exception 'ATR/QM Status is Pending' is cleared.

XXX

RATE22J10122

$940,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

11/9/2021

11/09/2021 - Hazard insurance coverage of 832700.00 is not sufficent. The subject loan amount is 940000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

11/19/2021

11/19/2021 - Cleared; 11/19/2021 - Hazard insurance coverage is sufficient.

Borrower has more than 2 years at current residence - Borrower at current residence 2.50 years ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 149131.92 are greater than the Guideline Minimum of 0.00.

XXX

RATE22J10125

$902,489.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/9/2021

11/09/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

11/23/2021

11/23/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 24.77 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 794 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 38.97 months or $155079.17 are greater than the Guideline Minimum of 6.00 or $23877.32. ; Borrower 1 has significant job time - Borrower has 13.25 years on job ; Borrower has stable job time - Borrower has 13.25 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10125

$902,489.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/9/2021

11/15/2021 - Missing evidence of Changed circumstance for adding Transfer Taxes $2,257 on final CD 09/XX/2021 that was not disclosed on initial LE 07/08/2021.; 11/09/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $2,257.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

11/23/2021

11/23/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10125

$902,489.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/9/2021

11/09/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $2,257.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

11/23/2021

11/23/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.

XXX

RATE22J10128

$840,000.00

Cleared

Compliance

-99953

TILA Right of Rescission Test

11/24/2021

11/24/2021 - This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.

12/01/2021

12/01/2021 - This loan passed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is not before the third business day following consummation.

Borrower 1 has significant job time - Borrower has 27.33 years on job ; Borrower has stable job time - Borrower has 27.33 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10128

$840,000.00

Cleared

Compliance

-96288

Per Diem Interest Amount Test

11/24/2021

11/24/2021 - This loan passed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($1,944.54) does not exceed the per diem interest charge or credit threshold ($2,048.41).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.;

12/01/2021

12/01/2021 - This loan passed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($1,896.75) does not exceed the per diem interest charge or credit threshold ($1,896.75).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.; 12/01/2021 - This loan failed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($1,944.54) exceeds the per diem interest charge or credit threshold ($1,896.75).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.

XXX

RATE22J10130

$840,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

11/23/2021

11/23/2021 - Third Party Valuation Product Not Provided and CU Score is 4.10.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 25.76 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 801 is Greater than the Guideline Minimum of 680. ; Borrower 1 has significant job time - Borrower has 25.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 10.00 years ; Borrower has stable job time - Borrower has 25.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10130

$840,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/23/2021

11/23/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10130

$840,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

11/23/2021

11/23/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $439,206.44. The disclosed finance charge of $439,003.44 is not considered accurate because it is understated by more than $100.;

12/14/2021

12/14/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $439,003.44. The disclosed finance charge of $439,003.44 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.

XXX

RATE22J10131

$601,300.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/3/2021

12/03/2021 - This exception is a false fail, there is no post consummation in the file and the field for post consummation sent has been marked no.;

12/15/2021

12/15/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 21.96 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 34.36 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 34.36 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 774 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 87.19 months or $354791.78 are greater than the Guideline Minimum of 6.00 or $24415.14. ; Borrower 1 has significant job time - Borrower has 15.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.10 years ; Borrower has stable job time - Borrower has 15.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10133

$920,500.00

Cleared

Compliance

-96485

Initial Loan Estimate Delivery Date Test (from application)

12/8/2021

12/08/2021 - Missing initial LE dated within 3 days of the application date. The only LE provided was dated 8/XX/21 which was issued more than 3 business days after the application date of 7/XX/21, therefore, all fees on the final CD could not be tested and are considered to have exceeded the legal limit.; 12/08/2021 - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.;

12/15/2021

12/15/2021 - This loan passed the initial loan estimate delivery date test (from application).( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

Borrower 1 has significant job time - Borrower has 6.92 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 3.00 years ; Borrower has stable job time - Borrower has 6.92 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 54.47 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10133

$920,500.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/15/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.

XXX

RATE22J10133

$920,500.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/15/2021

XXX

RATE22J10133

$920,500.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/8/2021

12/08/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($148.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 12/08/2021 - Missing initial LE dated within 3 days of the application date. The only LE provided was dated 8/XX/21 which was issued more than 3 business days after the application date of 7/XX/21, therefore, all fees on the final CD could not be tested and are considered to have exceeded the legal limit.;

12/15/2021

XXX

RATE22J10133

$920,500.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/15/2021

XXX

RATE22J10139

$568,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

12/7/2021

12/07/2021 - Fraud report shows the following alerts that have not been cleared: Missing documentation the lender cleared the Escrow Officer from SAM and Client Supplied Watch List (pg 793).;

12/14/2021

12/14/2021 - Alerts from Fraud Report have been cleared.

Borrower 1 has significant job time - Borrower has 7.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 4.10 years ; Borrower has stable job time - Borrower has 7.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 96.59 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10140

$639,600.00

Cleared

Compliance

-97466

Home Loan

11/23/2021

11/23/2021 - Home Loan (NY SB 8143 Section 5, 1(d))

12/21/2021

12/21/2021 - Change status of 'Home Loan' from Active to Acknowledged by Client.; 12/21/2021 - Change severity of 'Home Loan' from Material to Non-Material.; 12/21/2021 - Acknowledged

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 21.72 is less than the Guideline DTI of 43.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of ___ is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 787 is Greater than the Guideline Minimum of 680. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.08 years ; Borrower has stable job time - Borrower has 2.84 years at job.

XXX

RATE22J10142

$1,000,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/18/2021

11/18/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 09/14/2021 and shows no damage. Exception is for informational purposes only.

;

11/19/2021

11/19/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 18.78 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 20.62 is less than Guideline LTV of 89.99. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 20.62 is less than Guideline CLTV of 89.99. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 746 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 38.80 months or $303602.08 are greater than the Guideline Minimum of 6.00 or $46953.40. ; Borrower has more than 2 years at current residence - Borrower at current residence 17.00 years ; Borrower has stable job time - Borrower has 2.75 years at job.

XXX

RATE22J10143

$1,380,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/19/2021

11/19/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 15.66 years

XXX

RATE22J10143

$1,380,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

11/19/2021

12/08/2021 - Mortgage Recording fee increased with no COC.; 11/19/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($550.00) exceed the comparable charges ($407.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

Borrower has more than 2 years at current residence - Borrower at current residence 15.66 years

XXX

RATE22J10143

$1,380,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/19/2021

12/08/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $102.30.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/08/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $3,552.30.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/08/2021 - Mortgage Recording fee increased with no COC.; 11/19/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $20,802.55.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/19/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $26,667.55.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/14/2021

Borrower has more than 2 years at current residence - Borrower at current residence 15.66 years

XXX

RATE22J10144

$860,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 09/01/2021, with a release date of 09/03/2021. The appraisal in file is dated 07/27/2021 and an Appraisal Update and/or Completion Report in file is dated 09/24/2021, both show no damage. Exception is for informational purposes only.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 17.05 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 787 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 28.84 months or $147636.69 are greater than the Guideline Minimum of 6.00 or $30715.61. ; Borrower 1 has significant job time - Borrower has 6.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 7.00 years ; Borrower has stable job time - Borrower has 6.00 years at job.

XXX

RATE22J10144

$860,000.00

Cleared

Compliance

-98777

Prohibited Fees Test

11/23/2021

11/23/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

12/14/2021

12/14/2021 - This loan passed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does not charge a fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points

XXX

RATE22J10144

$860,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/23/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10144

$860,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/23/2021

12/07/2021 - Lender must refund borrower $700. ; 11/23/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $700.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

XXX

RATE22J10144

$860,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/23/2021

12/07/2021 - Lender must refund borrower $700. ; 11/23/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $700.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/14/2021

XXX

RATE22J10147

$594,400.00

Cleared

Credit

2578

Housing history does not meet guidelines

11/17/2021

11/17/2021 - Missing 8 months for the current Rental History; XXX.;

12/09/2021

12/09/2021 - Cleared; 12/09/2021 - Housing delinquency meets guidelines.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 23.20 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 790 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 109.79 months or $369967.70 are greater than the Guideline Minimum of 6.00 or $20218.59. ; Borrower 1 has significant job time - Borrower has 15.00 years on job ; Borrower has stable job time - Borrower has 15.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10149

$1,500,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/2/2021

12/02/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower 1 has significant job time - Borrower has 20.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 6.10 years ; Borrower has stable job time - Borrower has 20.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 20.90 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10149

$1,500,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/2/2021

12/02/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $150.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/02/2021 - no COC in file to justify increase in Appraisal Fee ;

12/14/2021

XXX

RATE22J10149

$1,500,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/2/2021

12/14/2021

XXX

RATE22J10150

$616,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/17/2021

11/19/2021 - This loan failed the charges that cannot increase test. The Rate Lock Fee of $462 exceed the good faith determination. Lender must refund borrower $462. ; 11/17/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $462.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/03/2021

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 18.70 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 796 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 28.58 months or $143710.61 are greater than the Guideline Minimum of 12.00 or $60335.72. ; Borrower has stable job time - Borrower has 5.00 years at job.

XXX

RATE22J10150

$616,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/17/2021

11/19/2021 - This loan failed the reimbursement amount test. Lender must refund borrower $462. ; 11/17/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $462.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/03/2021

12/03/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.

XXX

RATE22J10150

$616,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/17/2021

11/19/2021 - Lender must refund borrower $462. ; 11/17/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/20/2021

12/20/2021 - 12/20/2021 Signed CD dated 09/10 received; 12/03/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10151

$723,925.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/15/2021

11/15/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 08/31/2021, with a release date of 09/05/2021. The appraisal in file is dated 9/28/2021 and shows no damage. Exception is for informational purposes only.;

11/16/2021

11/16/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 698 is Greater than the Guideline Minimum of 680. ; Borrower has more than 2 years at current residence - Borrower at current residence 5.42 years

XXX

RATE22J10152

$656,250.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

11/17/2021

11/17/2021 - Hazard insurance coverage of 278000.00 is not sufficent. The subject loan amount is 656250.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/20/2021

12/20/2021 - 12/20/2021 Lender provided cost analysis to support coverage, condition cleared; 12/20/2021 - Hazard insurance coverage is sufficient.

Borrower has stable job time - Borrower has 3.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 92.83 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10152

$656,250.00

Cleared

Compliance

-99349

TILA Finance Charge Test

12/7/2021

12/07/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $330,015.93. The disclosed finance charge of $329,790.93 is not considered accurate because it is understated by more than $100.;

12/21/2021

12/21/2021 - lLender provided complete copy of post funding CD. Finance charge is no longer under-disclosed. Condition cleared. 12/21/2021 - Change status of 'TILA Finance Charge Test' from Active to Acknowledged by Client.; 12/21/2021 - Change severity of 'TILA Finance Charge Test' from Material to Non-Material.; 12/21/2021 - Acknowledged; 12/21/2021 - 12/21/2021 - Client provided Post Close CD - Finance Charge still reporting in violation - condition retained. ; 12/20/2021 - 12/20/2021 -Condition Retaind. Lender provided a partial copy of a funding CD, fees/figures changed from closing. Provide a complete copy of the CD for Compliance Testing, condtion added.

XXX

RATE22J10152

$656,250.00

Acknowledged

Compliance

-96377

TRID Post-Consummation Revised Closing Disclosure Data Validation Test

12/21/2021

12/21/2021 - This loan failed the TRID post-consummation revised closing disclosure data validation test.This loan contains a post-consummation reason for redisclosure, but it does not provide either:A consummation date; orA post-consummation revised closing disclosure delivery date; orA date when the event in connection with the settlement of the transaction that caused the closing disclosure to become inaccurate and thereby resulted in a change to an amount actually paid by the consumer from the closing disclosure occurred; orA date when the creditor knew of the event in connection with the settlement of the transaction that caused the closing disclosure to become inaccurate and thereby resulted in a change to an amount actually paid by the consumer from the closing disclosure.These dates are necessary to determine the timing requirement in the Post-Consummation Event and Revised Closing Disclosure Delivery Date Test.;

12/21/2021

12/21/2021 - Change status of 'TRID Post-Consummation Revised Closing Disclosure Data Validation Test' from Active to Acknowledged by Client.; 12/21/2021 - Change severity of 'TRID Post-Consummation Revised Closing Disclosure Data Validation Test' from Material to Non-Material.; 12/21/2021 - Acknowledged

Waiver

Client

XXX

RATE22J10153

$1,084,400.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/2/2021

12/02/2021 - Third Party Valuation Product Not Provided and CU Score is 5.00.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

Borrower 1 has significant job time - Borrower has 5.01 years on job ; Borrower has stable job time - Borrower has 5.01 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 34.79 are greater than the Guideline Minimum of 18.00.

XXX

RATE22J10153

$1,084,400.00

Cleared

Property

3437

Third Party Valuation Product Not Provided and FHLMC Collateral Rep & Warrant Relief is Not Eligible or Unavailable.

12/2/2021

12/02/2021 - Third Party Valuation Product Not Provided and FHLMC Collateral Rep & Warrant Relief is Not Eligible.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

XXX

RATE22J10153

$1,084,400.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/2/2021

12/02/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10154

$608,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/19/2021

11/19/2021 - Property is located in a FEMA disaster area with no post disaster inpection. FEMA declared XXX county in a disaster area (severe storms) on 08/31/2021 with a release date of 09/05/2021. The appraisal in file is dated 09/02/2021 and shows no damage, however, the appraisal date is prior to the FEMA release date. A Post Disaster inspection is required.;

11/23/2021

11/23/2021 - na; 11/23/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 14.32 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 785 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 19.98 months or $67358.67 are greater than the Guideline Minimum of 6.00 or $20226.12. ; Borrower has more than 2 years at current residence - Borrower at current residence 4.50 years

XXX

RATE22J10155

$1,125,000.00

Cleared

Credit

3581

Profit and Loss Does Not Meet Guidelines

11/23/2021

11/23/2021 - Profit and Loss is missing.;

12/14/2021 - Lender provided P&L.; 12/14/2021 - Change status of 'Profit and Loss Does Not Meet Guidelines' from Active to Open Rebuttal.;

12/14/2021

12/14/2021 - Exception Cleared.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 21.27 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 756 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 29.55 months or $207578.36 are greater than the Guideline Minimum of 12.00 or $84308.59. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.10 years

XXX

RATE22J10155

$1,125,000.00

Cleared

Credit

3582

Balance Sheet Does Not Meet Guidelines

11/23/2021

11/23/2021 - Balance Sheet is missing.;

12/14/2021 - Lender provided balance sheet.; 12/14/2021 - Change status of 'Balance Sheet Does Not Meet Guidelines' from Active to Open Rebuttal.;

12/14/2021

12/14/2021 - Exception cleared.

XXX

RATE22J10155

$1,125,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/22/2021

11/22/2021 - Fraud report shows the following alerts that have not been cleared: Potential Undisclosed REO and NMLS search High Alerts not cleared.;

12/15/2021

12/15/2021 - Alerts from Fraud Report have been cleared. LoanSafe received/reviewed-condition cleared.

XXX

RATE22J10155

$1,125,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/23/2021

11/23/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. Missing P&L and Balance Sheet for Schedule C Business B1 Retirement Planning.;

12/22/2021

12/22/2021 - na; 12/22/2021 - The exception 'ATR/QM Status is Pending' is cleared.; 12/15/2021 - Per Lender Guidelines for manually underwritten loans, verification of self employment, signed P&L, and Balance Sheets are required regardless if it is used to qualify.

XXX

RATE22J10155

$1,125,000.00

Cleared

Compliance

3576

Regulation § 1026.43(c)(2)(ii) failure - The borrower(s) current employment status was not verified.

11/23/2021

11/23/2021 - The borrower(s) current employment status was not verified. Missing Third Party Verification of Schedule C Business for B1.;

12/22/2021

12/22/2021 - Cleared; 12/22/2021 - The exception 'Regulation § 1026.43(c)(2)(ii) failure - The borrower(s) current employment status was not verified.' is cleared.; 12/15/2021 - Per Lender Guidelines for manually underwritten loans, verification of self employment, signed P&L, and Balance Sheets are required regardless if it is used to qualify.

XXX

RATE22J10157

$720,000.00

Cleared

Credit

870

HAZARD INSURANCE CERTIFICATE MISSING

11/17/2021

11/17/2021 - Missing copy of hazard insurance certificate;

11/24/2021

11/24/2021 - Cleared; 11/24/2021 - Received copy of hazard insurance certificate

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 802 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 61.20 months or $242142.11 are greater than the Guideline Minimum of 6.00 or $23739.04. ; Borrower has stable job time - Borrower has 4.00 years at job.

XXX

RATE22J10157

$720,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/18/2021

11/18/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. The file is missing evidence of homeowners insurance. ;

11/24/2021

11/24/2021 - CLeared; 11/24/2021 - The exception 'ATR/QM Status is Pending' is cleared.

XXX

RATE22J10157

$720,000.00

Cleared

Compliance

3570

Regulation § 1026.43(c)(2)(vi) failure - The consumer's current debt obligations alimony and child support or other debt obligations were not confirmed and included in the DTI.

11/18/2021

11/18/2021 - The consumer's current debt obligations were not confirmed per lender guidelines. The file is missing evidence of homeowners insurance. Unable to determine if the DTI included the correct HOI premium amount. ;

11/24/2021

11/24/2021 - Cleared; 11/24/2021 - The exception 'Regulation § 1026.43(c)(2)(vi) failure - The consumer's current debt obligations, alimony, and child support or other debt obligations were not confirmed and included in the DTI.' is cleared.

XXX

RATE22J10157

$720,000.00

Cleared

Property

1276

Is Completion Certificate in file is No

11/17/2021

11/17/2021 - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.;

12/02/2021

12/02/2021 - CLeared, verbiage in report states foundation has no structural issues. ; 12/02/2021 - The Completion Certificate is Yes

XXX

RATE22J10158

$765,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/22/2021

11/22/2021 - Property is located in a disaster area.

12/8/2021

12/08/2021 - Post disaster inspection confirms no property damage;

Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10159

$683,600.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

11/30/2021

11/30/2021 - The home loan toolket is Missing;

12/08/2021

12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.

Waiver

Client

Borrower has stable job time - Borrower has 2.50 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 877989.97 are greater than the Guideline Minimum of 21659.40.

XXX

RATE22J10159

$683,600.00

Cleared

Property

2957

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

11/30/2021

11/30/2021 - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection;

12/09/2021

12/09/2021 - Post Disaster Inspection provided

XXX

RATE22J10159

$683,600.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/30/2021

11/30/2021 - Fraud report shows the following alerts that have not been cleared: the borrower has additional loan applications on different properties with your institution in the past 120 days. 2. THE SUBJECT PROPERTY IS IN A DISASTER DECLARED AREA. 3. NMLS SEARCH RETURNED NO STATE LICENSEMATC NOR FEDERAL REGISTRATION ON CLOSING REQUESTS. ;

12/20/2021

12/20/2021 - Rebuttal and additional documentation received/reviewed- condition cleared.

XXX

RATE22J10162

$624,805.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/2/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower 1 has significant job time - Borrower has 21.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.80 years ; Borrower has stable job time - Borrower has 24.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10162

$624,805.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/2/2021

12/02/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $14,866.08.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/15/2021

XXX

RATE22J10162

$624,805.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/2/2021

12/15/2021

XXX

RATE22J10167

$925,000.00

Cleared

Compliance

-96460

Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test

11/20/2021

11/20/2021 - This loan passed the revised closing disclosure delivery date test (no waiting period required).( 12 CFR §1026.19(f)(2)(i) )The revised closing disclosure delivery does not require a new waiting period andThe revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is at or before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is at or before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction.;

11/23/2021

11/23/2021 - This loan failed the revised closing disclosure delivery date test (no waiting period required). ( 12 CFR §1026.19(f)(2)(i) )The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as "In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in §1026.19(f)(2)(ii), if the disclosures provided under §1026.19(f)(1)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 738 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 22.30 months or $118528.53 are greater than the Guideline Minimum of 6.00 or $31895.34. ; Borrower has more than 2 years at current residence - Borrower at current residence 4.08 years ; Borrower has stable job time - Borrower has 2.42 years at job.

XXX

RATE22J10167

$925,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/23/2021

11/23/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10167

$925,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/20/2021

11/20/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

11/23/2021

XXX

RATE22J10167

$925,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/20/2021

11/20/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

11/23/2021

XXX

RATE22J10167

$925,000.00

Cleared

Credit

2110

Qualifying DTI exceeds Guideline Maximum Allowable

11/20/2021

11/20/2021 - Qualifying DTI of 43.77 exceeds guideline maximum of 43.00.; 11/20/2021 - Documentation provided to support Qualifying DTI below 43.00.;

11/23/2021

11/23/2021 - Documentation provided to support Qualifying DTI below 43.00.; 11/23/2021 - Qualifying DTI of 43.63 exceeds guideline maximum of 43.00.

XXX

RATE22J10167

$925,000.00

Cleared

Compliance

3428

Regulation §1026.43(e)(2)(vi) failure - The Qualified Mortgage calculated DTI is greater than 43.00%.

11/23/2021

11/23/2021 - Regulation §1026.43(e)(2)(vi) - The Qualified Mortgage calculated DTI of 43.63 is greater than 43.00% (Total Income of 16667.94 and Total Monthly Debt 1957.00 and Future PITI 5315.89);

11/23/2021

11/23/2021 - Regulation §1026.43(e)(2)(vi) - The Qualified Mortgage calculated DTI of 37.94 is not greater than 43.00% (Total Income of 16667.94 and Total Monthly Debt 1008.00 and Future PITI 5315.89); 11/23/2021 - Regulation §1026.43(e)(2)(vi) - The Qualified Mortgage calculated DTI of 40.89 is not greater than 43.00% (Total Income of 16667.94 and Total Monthly Debt 1499.00 and Future PITI 5315.89)

XXX

RATE22J10167

$925,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/23/2021

11/23/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

11/23/2021

11/23/2021 - Third Party Valuation Product Provided

XXX

RATE22J10167

$925,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/23/2021

11/23/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 09/16/2021 and shows no damage. Exception is for informational purposes only. ;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

XXX

RATE22J10170

$1,041,000.00

Cleared

Compliance

-99373

MI HB 6121 Mortgage Loan Finding

12/8/2021

12/08/2021 - Mortgage Loan

(MI HB 6121 Sec. 2 (d))

The loan is a mortgage loan as defined in MI HB 6121 due to the following findings:

The property is used as the borrower's principal dwelling.The property is designed for occupancy by 4 or fewer families.The proceeds are not used to acquire the dwelling.The loan is not an open-end credit plan.;

12/21/2021

12/21/2021 - Change status of 'MI HB 6121 Mortgage Loan Finding' from Active to Acknowledged by Client.; 12/21/2021 - Change severity of 'MI HB 6121 Mortgage Loan Finding' from Material to Non-Material.; 12/21/2021 - Acknowledged

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 23.44 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 58.48 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 58.48 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 791 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 84.13 months or $467570.87 are greater than the Guideline Minimum of 12.00 or $66689.76. ; Borrower 1 has significant job time - Borrower has 33.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 7.10 years ; Borrower has stable job time - Borrower has 33.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10172

$712,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/11/2021

11/11/2021 - Fraud report shows the following alerts that have not been cleared: 1. POTENTIAL UNDISCLOSED REO. 2. THE BORROWER MAY BE ASSOCIATED WITH A BUSINESS ALTHOUGH DID NOT SHOW SELF-EMPLOYED.;

12/06/2021

12/06/2021 - Cleared; 12/06/2021 - Alerts from Fraud Report have been cleared.

Borrower 1 has significant job time - Borrower has 20.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 12.33 years ; Borrower has stable job time - Borrower has 20.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 782.27 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10177

$806,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/18/2021

11/18/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area (Severe Winter Storms) on 2/11/21 with a release date of 2/21/21. Appraisal in file dated 10/5/21 confirmed no damage. Exception is for informational purposes only.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 25.72 years on job ; Borrower has stable job time - Borrower has 25.72 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 101.95 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10178

$1,048,000.00

Cleared

Credit

2095

Insufficient cash to close.

12/7/2021

12/07/2021 - Cash to close in the amount of 208055.18 is greater than the available asset amount of 106463.34.;

12/14/2021

12/14/2021 - Sufficient cash to close is documented.; 12/14/2021 - Cash to close in the amount of 208055.18 is greater than the available asset amount of 134314.94.

Borrower has more than 2 years at current residence - Borrower at current residence 5.83 years

XXX

RATE22J10181

$1,040,000.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

11/20/2021

11/20/2021 - The security instrument indicator is Missing;

12/03/2021

12/03/2021 - Cleared; 12/03/2021 - The security instrument indicator is Present

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 31.72 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 764 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 30.26 months or $153085.34 are greater than the Guideline Minimum of 6.00 or $30351.40. ; Borrower has more than 2 years at current residence - Borrower at current residence 10.10 years ; Borrower has stable job time - Borrower has 13.00 years at job.

XXX

RATE22J10184

$1,108,000.00

Cleared

Compliance

-98542

Prohibited Fees Test

11/23/2021

11/23/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

11/30/2021

11/30/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.

Borrower 1 has significant job time - Borrower has 8.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 6.67 years ; Borrower has stable job time - Borrower has 8.00 years at job.

XXX

RATE22J10185

$645,000.00

Cleared

Credit

1267

Borrower Transcripts are missing

11/22/2021

11/22/2021 - The borrower transcripts is Missing;

12/14/2021

12/14/2021 - na; 12/14/2021 - The borrower 4506T is Present

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 19.02 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 802 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 83.24 months or $306581.22 are greater than the Guideline Minimum of 6.00 or $22098.19. ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10185

$645,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/7/2021

12/07/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q.;

12/14/2021

12/14/2021 - na; 12/14/2021 - The exception 'ATR/QM Status is Pending' is cleared.

XXX

RATE22J10189

$580,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/11/2021

11/11/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.; 11/11/2021 - Lenders TItle Policy increased from $550 to $2620 with no change of Circumstance which exceeds 10% tolerance. Borrower was not reimbursed for this tolerance violation.;

11/23/2021

11/23/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 4.00 years ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 154191.23 are greater than the Guideline Minimum of 11731.80.

XXX

RATE22J10189

$580,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

11/11/2021

11/12/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($5,723.00) exceed the comparable charges ($3,358.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 11/11/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($5,723.00) exceed the comparable charges ($2,618.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 11/11/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($5,723.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 11/11/2021 - Lenders TItle Policy increased from $550 to $2620 with no change of Circumstance which exceeds 10% tolerance. Borrower was not reimbursed for this tolerance violation.;

11/23/2021

11/23/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($120.00) do not exceed the comparable charges ($120.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

XXX

RATE22J10189

$580,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/11/2021

11/12/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $2,029.20.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/11/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $2,843.20.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/11/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $7,526.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/11/2021 - Lenders TItle Policy increased from $550 to $2620 with no change of Circumstance which exceeds 10% tolerance. Borrower was not reimbursed for this tolerance violation.;

11/23/2021

XXX

RATE22J10190

$1,602,500.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/23/2021

11/23/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 08/14/2020, with a release date of 09/26/2020. The appraisal in file is dated 10/04/2021 and shows no damage. Exception is for informational purposes only.

;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 802 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 148.62 months or $1366221.64 are greater than the Guideline Minimum of 18.00 or $165469.62. ; Borrower 1 has significant job time - Borrower has 20.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 3.58 years ; Borrower has stable job time - Borrower has 20.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10192

$1,113,500.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (tornado) on 03/25/2021 , with a release date of 04/03/2021. The appraisal in file is dated 08/20/2021 and shows no damage. Exception is for informational purposes only.

;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 31.24 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 58.61 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 58.61 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 807 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10201

$860,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/18/2021

11/18/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 08/11/2021 and shows no damage. Exception is for informational purposes only.

;

11/19/2021

11/19/2021 - Post disaster inspection confirms no property damage

Original LTV is Below the Guideline Maximum - Calculated LTV of 78.90 is less than Guideline LTV of 89.99. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 78.90 is less than Guideline CLTV of 89.99. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 781 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10202

$810,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/29/2021

11/29/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower 1 has significant job time - Borrower has 11.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.08 years ; Borrower has stable job time - Borrower has 11.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10202

$810,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/29/2021

11/29/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $0.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

XXX

RATE22J10202

$810,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

11/29/2021

11/29/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($195.00) exceed the comparable charges ($120.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

XXX

RATE22J10202

$810,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/29/2021

11/29/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $63.25.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/14/2021

XXX

RATE22J10203

$973,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/24/2021

11/24/2021 - Property is located in a FEMA disaster area. FEMA declared KXXX in a disaster area on 9/5/21 (Remnants of Hurricane XXX) with an incident period from 9/1/21 to 9/3/21. Appraisal in file was dated 8/10/21. Post Disaster Inspection in file dated 9/21/21 did not reflect any damage. Exception is for informational purposes only.;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10204

$1,260,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/17/2021

11/17/2021 - Fraud report shows the following alerts that have not been cleared: NMLS SEARCH RETURNED NO FEDERAL REGISTRATION ON CLOSING REQUESTS. ;

12/06/2021

12/06/2021 - cleared; 12/06/2021 - Alerts from Fraud Report have been cleared.

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 22.14 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10204

$1,260,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/17/2021

11/17/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area on 9/5/21 (Remnants of Hurricane XXX) with an incident period from 9/1/21 to 9/3/21. Appraisal in file was dated 8/21/21 and Post Disaster Inspection dated 9/16/21 confirmed no damage. Exception is for informational purposes only.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 22.14 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10205

$900,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/30/2021

11/30/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q.;

12/07/2021

12/07/2021 - The exception 'ATR/QM Status is Pending' is cleared.

Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10208

$1,412,021.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/30/2021

11/30/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 08/13/2021 and shows no damage. Exception is for informational purposes only.

;

12/02/2021

12/02/2021 - Post disaster inspection confirms no property damage

Original LTV is Below the Guideline Maximum - Calculated LTV of 61.39 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 61.39 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 784 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 56.28 months or $433605.28 are greater than the Guideline Minimum of 12.00 or $92460.72. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.50 years ; Borrower has stable job time - Borrower has 2.50 years at job.

XXX

RATE22J10210

$568,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/23/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/14/2021 - Exception cleared.

Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10210

$568,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/23/2021

12/14/2021

Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10210

$568,000.00

Acknowledged

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

11/23/2021

11/23/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($252.00) exceed the comparable charges ($220.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

12/14/2021 - Change status of 'Charges That In Total Cannot Increase More Than 10% Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Charges That In Total Cannot Increase More Than 10% Test' from Material to Non-Material.; 12/14/2021 - Lender reimbursed borrower $10 on Final CD for tolerance cure. Exception Resolved.

Waiver

Client

Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10210

$568,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/23/2021

12/14/2021

Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10212

$1,500,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/19/2021

11/19/2021 - Fema declared XXX County in a disaster area (XXX wildfire) on 10.26.20, with and inciden end date of 10.26.20. The apprisal in the file is dated 8.25.21 and shows no damage. Exception is for informational purposes only. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower has more than 2 years at current residence - Borrower at current residence 2.60 years ; Borrower has stable job time - Borrower has 2.70 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 779303.00 are greater than the Guideline Minimum of 18487.27.

XXX

RATE22J10212

$1,500,000.00

Acknowledged

Compliance

-96373

TRID "Section E. Taxes and Other Government Fees" Validation Test

11/19/2021

11/19/2021 - The paid to field reflects other for both intial and Final CD, not sure why this exception is firing. ;

12/09/2021

12/09/2021 - Change status of 'TRID "Section E. Taxes and Other Government Fees" Validation Test' from Active to Acknowledged by Client.; 12/09/2021 - Change severity of 'TRID "Section E. Taxes and Other Government Fees" Validation Test' from Material to Non-Material.;

Waiver

Client

XXX

RATE22J10212

$1,500,000.00

Cleared

Compliance

1243

Right to Cancel is Missing

11/19/2021

11/19/2021 - The right to cancel is missing from the file. ;

12/09/2021

12/09/2021 - na; 12/09/2021 - The right to cancel is Not Applicable; 12/09/2021 - Change severity of 'Right to Cancel is Missing' from Material to Non-Material.

XXX

RATE22J10212

$1,500,000.00

Cleared

Property

2460

Third Party Desk Review variance to appraised value exceeds 10%

11/19/2021

11/19/2021 - The third party variance exceeds 10% maxiumum allowed. The variance reflects 90.00;

12/09/2021

12/09/2021 - Additional third party valuation requested to support value.

XXX

RATE22J10214

$961,200.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/19/2021

11/19/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area (Severe Winter Storms) on 2/11/21 with a release date of 2/21/21. Appraisal in file dated 8/25/21 was subject to completion. 1004D dated 9/24/21 confirmed no damage. Exception is for informational purposes only.;

11/30/2021

11/30/2021 - Cleared; 11/30/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 5.16 years on job ; Borrower has stable job time - Borrower has 5.16 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 53.71 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10215

$1,265,000.00

Cleared

Credit

1247

AUS is Missing

12/6/2021

12/06/2021 - The AUS is Missing-Lender indicated the loan was underwritten to the Rate Rapid AUS Jumbo guidelines which requires an AUS yet the documentation was missing from the loan file.;

12/09/2021

12/09/2021 - cleared; 12/09/2021 - The AUS is received.

Borrower 1 has significant job time - Borrower has 36.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 15.50 years ; Borrower has stable job time - Borrower has 36.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10215

$1,265,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/27/2021

11/27/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q.-Missing AUS to confirm loan meets QM.;

12/09/2021

12/09/2021 - na; 12/09/2021 - The exception 'ATR/QM Status is Pending' is cleared.

XXX

RATE22J10216

$924,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

12/8/2021

12/08/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $481,010.00. The disclosed finance charge of $480,844.35 is not considered accurate because it is understated by more than $100.; 12/08/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $482,072.50. The disclosed finance charge of $480,326.85 is not considered accurate because it is understated by more than $100.;

12/20/2021

12/20/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $480,356.85. The disclosed finance charge of $480,326.85 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.

Original LTV is Below the Guideline Maximum - Calculated LTV of 66.00 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 66.00 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 740 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 131.19 months or $637372.63 are greater than the Guideline Minimum of 12.00 or $58299.04. ; Borrower 1 has significant job time - Borrower has 18.50 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.08 years ; Borrower has stable job time - Borrower has 18.50 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10216

$924,000.00

Acknowledged

Compliance

-98777

Prohibited Fees Test

12/8/2021

12/08/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

12/20/2021

12/20/2021 - Change status of 'Prohibited Fees Test' from Active to Acknowledged by Client.; 12/20/2021 - Change severity of 'Prohibited Fees Test' from Material to Non-Material.; 12/20/2021 - Acknowledged

Waiver

Client

XXX

RATE22J10216

$924,000.00

Cleared

Compliance

-96387

TRID Disclosure Delivery and Receipt Date Validation Test

12/8/2021

12/08/2021 - This loan failed the TRID disclosure delivery and receipt date validation test due to one of the following findings:The Revised Loan Estimate Receipt Date is before Revised Loan Estimate Delivery Date; orThe Initial Closing Disclosure Receipt Date is before Initial Closing Disclosure Delivery Date; orThe Revised Closing Disclosure Receipt Date is before Revised Closing Disclosure Delivery Date.;

12/20/2021

12/20/2021 - This compliance test 'TRID Disclosure Delivery and Receipt Date Validation Test' is no longer tested

XXX

RATE22J10216

$924,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/20/2021

12/20/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10216

$924,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/20/2021

XXX

RATE22J10216

$924,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/8/2021

12/08/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($525.00) exceed the comparable charges ($445.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/20/2021

XXX

RATE22J10216

$924,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/20/2021

XXX

RATE22J10216

$924,000.00

Cleared

Credit

395

Note Document Indicator is Missing

11/19/2021

12/08/2021 - Note document indicator is Partial; 11/19/2021 - Note document indicator is Missing;

12/20/2021

12/20/2021 - Note document indicator is Present

XXX

RATE22J10216

$924,000.00

Cleared

Credit

2515

Note is not executed by all borrowers

11/19/2021

11/19/2021 - Note is not executed by all borrowers;

12/20/2021

12/20/2021 - Note is executed by all borrowers

XXX

RATE22J10216

$924,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

11/19/2021

12/08/2021 - Hazard insurance coverage is sufficient.; 11/19/2021 - Hazard insurance coverage of 900929.00 is not sufficent. The subject loan amount is 924000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/20/2021

12/20/2021 - Hazard insurance coverage is sufficient.

XXX

RATE22J10219

$677,774.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/15/2021

11/15/2021 - Final Fraud report shows the following HIGH alerts that have not been cleared: NMLS search returned no state license and no federal registration on Closing Requests.;

11/23/2021

11/23/2021 - na; 11/23/2021 - Alerts from Fraud Report have been cleared.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 788 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 39.39 months or $163463.21 are greater than the Guideline Minimum of 12.00 or $49793.21. ; Borrower 1 has significant job time - Borrower has 6.25 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.58 years ; Borrower has stable job time - Borrower has 6.25 years at job.

XXX

RATE22J10220

$604,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/23/2021

11/23/2021 - Lender added a fee of $00.25 without a valid Change of Circumstance form.; 11/23/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $0.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/02/2021

12/02/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 795 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 24.20 months or $76408.62 are greater than the Guideline Minimum of 6.00 or $18941.82. ; Borrower has more than 2 years at current residence - Borrower at current residence 4.00 years

XXX

RATE22J10220

$604,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

11/23/2021

11/23/2021 - Charges did increase more than 10% from the initial LE.; 11/23/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($75.00) exceed the comparable charges ($60.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/02/2021

12/02/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($65.00) do not exceed the comparable charges ($60.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 795 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 24.20 months or $76408.62 are greater than the Guideline Minimum of 6.00 or $18941.82. ; Borrower has more than 2 years at current residence - Borrower at current residence 4.00 years

XXX

RATE22J10220

$604,000.00

Cleared

Compliance

929

Security Instrument Indicator is Partial

11/23/2021

11/23/2021 - The security instrument indicator is Partial; 11/23/2021 - Missing pages.;

12/02/2021

12/02/2021 - Cleraed; 12/02/2021 - The security instrument indicator is Present

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 795 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 24.20 months or $76408.62 are greater than the Guideline Minimum of 6.00 or $18941.82. ; Borrower has more than 2 years at current residence - Borrower at current residence 4.00 years

XXX

RATE22J10225

$1,280,000.00

Cleared

Compliance

-98777

Prohibited Fees Test

11/24/2021

11/24/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

12/14/2021

Borrower has more than 2 years at current residence - Borrower at current residence 2.10 years ; Borrower has stable job time - Borrower has 3.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 649648.75 are greater than the Guideline Minimum of 5851.00.

XXX

RATE22J10225

$1,280,000.00

Cleared

Compliance

-96633

RESPA Homeownership Counseling Organizations Disclosure Date Test

11/24/2021

11/24/2021 - This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.Please note: This test does not validate the content of any list of homeownership counseling organizations.;

12/14/2021

12/14/2021 - This loan passed the homeownership counseling organizations disclosure date test. ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is within three business days of the loan originator's application date, and the homeownership counseling organizations disclosure date is on or before the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NonePlease note: This test does not validate the content of any list of homeownership counseling organizations.

XXX

RATE22J10225

$1,280,000.00

Cleared

Compliance

-96485

Initial Loan Estimate Delivery Date Test (from application)

11/24/2021

11/24/2021 - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.;

12/14/2021

XXX

RATE22J10225

$1,280,000.00

Cleared

Compliance

-96383

TRID Initial Closing Disclosure Date and Funding Date Validation Test

11/24/2021

11/24/2021 - This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields.;

12/14/2021

12/14/2021 - This compliance test 'TRID Initial Closing Disclosure Date and Funding Date Validation Test' is no longer tested

XXX

RATE22J10225

$1,280,000.00

Cleared

Compliance

-96376

TRID "Section A. Origination Charges" Validation Test

11/24/2021

11/24/2021 - This loan failed the TRID "Section A. Origination Charges" validation test.This loan contains a fee or fees where "compensation to" is set to a party other than lender or broker, but this fee or fees should not be retained by any party other than the lender or broker."Section A. Origination Charges" should contain an itemization of each amount, and a subtotal of all such amounts, that the consumer will pay to each creditor and loan originator for originating and extending the credit.;

12/14/2021

12/14/2021 - This compliance test 'TRID "Section A. Origination Charges" Validation Test' is no longer tested

XXX

RATE22J10225

$1,280,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/24/2021

11/24/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10225

$1,280,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/24/2021

12/14/2021

12/14/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/14/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $17,727.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/14/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $19,636.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10225

$1,280,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

11/24/2021

11/24/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($6,180.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

XXX

RATE22J10225

$1,280,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/24/2021

11/24/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $25,861.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/14/2021

12/14/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/14/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $17,727.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/14/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $25,816.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.

XXX

RATE22J10225

$1,280,000.00

Cleared

Compliance

-96162

Written List of Service Providers Disclosure Date Test

11/24/2021

11/24/2021 - This loan failed the written list of service providers disclosure date test for one or more of the following reasons: ( 12 CFR §1026.19(e)(1)(vi) )The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii).;

12/14/2021

12/14/2021 - This loan passed the written list of service providers disclosure date test due to the following reasons: ( 12 CFR §1026.19(e)(1)(vi) )The written list of service providers disclosure date is not less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; andThe written list of service providers disclosure date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or mortgage broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii).

XXX

RATE22J10225

$1,280,000.00

Cleared

Credit

3420

DTI Exceeds AUS Maximum Allowable

11/24/2021

11/24/2021 - The back-end DTI of 34.54 (Total Income of 34314.34, Orig PITI of 5543.03, Monthly debt of 6309.00) exceeds the maximum allowable per AUS of 20.60; 11/24/2021 - The back-end DTI of 16.75 (Total Income of 70776.34, Orig PITI of 5543.03, Monthly debt of 6309.00) is not greater than the maximum allowable per AUS of 20.60; 11/24/2021 - The back-end DTI of 24.56 (Total Income of 48250.02, Orig PITI of 5543.03, Monthly debt of 6309.00) exceeds the maximum allowable per AUS of 20.60;

12/14/2021

12/14/2021 - The back-end DTI of 17.49 (Total Income of 34314.34, Orig PITI of 5543.03, Monthly debt of 458.00) is not greater than the maximum allowable per AUS of 20.60

XXX

RATE22J10225

$1,280,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

11/24/2021

11/24/2021 - Hazard insurance coverage of 850000.00 is not sufficent. The subject loan amount is 1280000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/14/2021

12/14/2021 - cleared; 12/14/2021 - Hazard insurance coverage is sufficient.

XXX

RATE22J10227

$1,180,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/2/2021

12/02/2021 - Third Party Valuation Product Not Provided and CU Score is 3.20.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

Borrower 1 has significant job time - Borrower has 6.67 years on job ; Borrower has stable job time - Borrower has 6.67 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 556921.45 are greater than the Guideline Minimum of 20351.76.

XXX

RATE22J10227

$1,180,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/2/2021

12/02/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10227

$1,180,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

12/2/2021

12/02/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $561,062.63. The disclosed finance charge of $558,619.93 is not considered accurate because it is understated by more than $100.;

12/14/2021

12/14/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $557,797.63. The disclosed finance charge of $558,619.93 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/14/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $560,862.63. The disclosed finance charge of $558,619.93 is not considered accurate because it is understated by more than $100.

XXX

RATE22J10227

$1,180,000.00

Cleared

Compliance

-96468

Initial Closing Disclosure Delivery Date Test

12/2/2021

12/02/2021 - This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.;

12/14/2021

12/14/2021 - This loan passed the initial closing disclosure delivery date test.( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is not less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.The creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.

XXX

RATE22J10227

$1,180,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/2/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10227

$1,180,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/2/2021

12/02/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $11,062.50.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

XXX

RATE22J10227

$1,180,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/2/2021

12/02/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($3,998.00) exceed the comparable charges ($3,582.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

12/14/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($3,798.00) do not exceed the comparable charges ($4,007.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 12/14/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($3,798.00) exceed the comparable charges ($2,132.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 12/14/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($3,998.00) do not exceed the comparable charges ($4,007.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

XXX

RATE22J10227

$1,180,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/2/2021

12/14/2021

12/14/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $1,452.80.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/14/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.

XXX

RATE22J10229

$777,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/15/2021

11/15/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area (Remnants of Hurricane XXX) on 9/5/21 with an incident period from 9/1/21 to 9/3/21. Appraisal in file is dated 8/26/21 and Post Disaster Inspection report dated 9/15/21 does not reflect any damage. Exception is for informational purposes only.;

11/16/2021

11/16/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 11.00 years on job ; Borrower has stable job time - Borrower has 11.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 76.59 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10229

$777,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/15/2021

12/01/2021

12/01/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10229

$777,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/15/2021

11/15/2021 - Initial LE does not reflect an Appraisal Update fee yet the final CD shows a fee of $250. Lender Credit of $695 was not specified as being for fees that exceed legal tolerance nor is there a valid change of circumstance or evidence of reimbursement to the borrower present in the loan file.; 11/15/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $250.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/01/2021

XXX

RATE22J10229

$777,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/15/2021

11/15/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $250.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/15/2021 - Initial LE does not reflect an Appraisal Update fee yet the final CD shows a fee of $250. Lender Credit of $695 was not specified as being for fees that exceed legal tolerance nor is there a valid change of circumstance or evidence of reimbursement to the borrower present in the loan file.;

12/01/2021

XXX

RATE22J10229

$777,000.00

Cleared

Credit

1257

Borrower Employment Verification does not meet guidelines

11/8/2021

11/08/2021 - Missing VVOE dated within 10 days of closing for Borrower.;

12/06/2021

12/06/2021 - na; 12/06/2021 - The exception 'Borrower Employment Verification does not meet guidelines' is cleared.

XXX

RATE22J10232

$868,000.00

Cleared

Compliance

1236

Affiliated Business Disclosure is Missing

11/11/2021

11/11/2021 - The affiliate business disclosure is Missing;

12/22/2021

12/22/2021 - na; 12/22/2021 - The affiliate business disclosure is Present; 12/21/2021 - Acknowledged; 12/21/2021 - Change status of 'Affiliated Business Disclosure is Missing' from Active to Acknowledged by Client.

Borrower has stable job time - Borrower has 4.50 years at job.

XXX

RATE22J10233

$1,080,000.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

11/24/2021

11/24/2021 - The security instrument indicator is Missing;

12/03/2021

12/03/2021 - Cleared; 12/03/2021 - The security instrument indicator is Present

Borrower has more than 2 years at current residence - Borrower at current residence 12.08 years ; Borrower has stable job time - Borrower has 5.00 years at job.

XXX

RATE22J10238

$1,160,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

12/14/2021

12/14/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $574,906.54. The disclosed finance charge of $574,639.28 is not considered accurate because it is understated by more than $100.; 12/14/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $575,206.54. The disclosed finance charge of $574,639.28 is not considered accurate because it is understated by more than $100.; 12/14/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $574,851.78. The disclosed finance charge of $574,639.28 is not considered accurate because it is understated by more than $100.;

12/14/2021

12/14/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $574,851.78. The disclosed finance charge of $574,851.78 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/14/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $574,851.78. The disclosed finance charge of $574,639.28 is not considered accurate because it is understated by more than $100.; 12/14/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $574,669.04. The disclosed finance charge of $574,639.28 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/14/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $574,606.54. The disclosed finance charge of $574,639.28 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/14/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $575,206.54. The disclosed finance charge of $574,639.28 is not considered accurate because it is understated by more than $100.; 12/14/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $574,906.54. The disclosed finance charge of $574,639.28 is not considered accurate because it is understated by more than $100.

Borrower has more than 2 years at current residence - Borrower at current residence 8.17 years

XXX

RATE22J10238

$1,160,000.00

Cleared

Compliance

-96660

TILA Financing of Credit Insurance Test

12/14/2021

12/14/2021 - This loan failed the TILA Financing of Single Premium Credit Insurance Test. (12 CFR §1026.36 (i))This loan financed at least one single premium credit insurance. A creditor may not finance, directly or indirectly, any premiums or fees for credit insurance in connection with a consumer credit transaction secured by a dwelling (including a home equity line of credit secured by the consumer's principal dwelling). This prohibition does not apply to credit insurance for which premiums or fees are calculated and paid in full on a monthly basis. 'Credit insurance' means credit life, credit disability, credit unemployment, or credit property insurance, or any other accident, loss-of income, life, or health insurance, or any payments directly or indirectly for any debt cancellation or suspension agreement or contract.;

12/14/2021

12/14/2021 - This loan passed the TILA Financing of Single Premium Credit Insurance Test. (12 CFR §1026.36 (i))This loan did not finance any single premium credit insurance. A creditor may not finance, directly or indirectly, any premiums or fees for credit insurance in connection with a consumer credit transaction secured by a dwelling (including a home equity line of credit secured by the consumer's principal dwelling). This prohibition does not apply to credit insurance for which premiums or fees are calculated and paid in full on a monthly basis. 'Credit insurance' means credit life, credit disability, credit unemployment, or credit property insurance, or any other accident, loss-of income, life, or health insurance, or any payments directly or indirectly for any debt cancellation or suspension agreement or contract.

Borrower has more than 2 years at current residence - Borrower at current residence 8.17 years

XXX

RATE22J10238

$1,160,000.00

Cleared

Compliance

-96268

TRID Total of Payments Test

12/14/2021

12/14/2021 - This loan failed the TRID total of payments test. ( 12 CFR §1026.38(o)(1) )The total of payments is $1,738,627.28. The disclosed total of payments of $1,738,027.28 is not considered accurate because it is understated by more than $100.; 12/14/2021 - This loan failed the TRID total of payments test. ( 12 CFR §1026.38(o)(1) )The total of payments is $1,738,327.28. The disclosed total of payments of $1,738,027.28 is not considered accurate because it is understated by more than $100.;

12/14/2021

12/14/2021 - This loan passed the TRID total of payments test. ( 12 CFR §1026.38(o)(1) )The total of payments is $1,738,027.28. The disclosed total of payments of $1,738,027.28 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/14/2021 - This loan failed the TRID total of payments test. ( 12 CFR §1026.38(o)(1) )The total of payments is $1,738,627.28. The disclosed total of payments of $1,738,027.28 is not considered accurate because it is understated by more than $100.; 12/14/2021 - This loan failed the TRID total of payments test. ( 12 CFR §1026.38(o)(1) )The total of payments is $1,738,327.28. The disclosed total of payments of $1,738,027.28 is not considered accurate because it is understated by more than $100.

Borrower has more than 2 years at current residence - Borrower at current residence 8.17 years

XXX

RATE22J10238

$1,160,000.00

Cleared

Credit

1434

Hazard Insurance Effective Date is after the Note Date

11/24/2021

11/24/2021 - The hazard insurance effective date of 9/XX/2021 is after the note date of 9/XX/2021;

12/14/2021

12/14/2021 - Disbursement date updated per Final CD. Rebuttal received/reviewed and condition cleared.

Borrower has more than 2 years at current residence - Borrower at current residence 8.17 years

XXX

RATE22J10239

$1,020,000.00

Cleared

Compliance

-99944

Late Fees Test

12/6/2021

12/06/2021 - This loan failed the late fees test.The loan has late fees that do not conform to the requirements for the lender's license type in the state where the property is located.PLEASE NOTE: Certain states impose a late charge restriction that requires a comparison of the late fees charge, expressed either as a percentage or a dollar amount, or as both. In cases where the user provided data does not contain the required data point, ComplianceAnalyzer^® will calculate the required data point from the late charge value entered by the user, and for such purpose will use the system's calculation of the scheduled monthly payment amount. Such data point calculations are an estimate based on the user provided data, and may not reflect the actual late charge threshold on an irregular payment, or if the maximum permitted late charge is based on the amount of the scheduled payment that is outstanding and not the entire scheduled payment.;

12/15/2021

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 7.50 years ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10239

$1,020,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

12/6/2021

12/06/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $531,119.37. The disclosed finance charge of $531,013.12 is not considered accurate because it is understated by more than $100.;

12/15/2021

12/15/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $531,013.12. The disclosed finance charge of $531,013.12 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.

XXX

RATE22J10239

$1,020,000.00

Cleared

Compliance

-96387

TRID Disclosure Delivery and Receipt Date Validation Test

12/6/2021

12/06/2021 - This loan failed the TRID disclosure delivery and receipt date validation test due to one of the following findings:The Revised Loan Estimate Receipt Date is before Revised Loan Estimate Delivery Date; orThe Initial Closing Disclosure Receipt Date is before Initial Closing Disclosure Delivery Date; orThe Revised Closing Disclosure Receipt Date is before Revised Closing Disclosure Delivery Date.;

12/15/2021

12/15/2021 - This compliance test 'TRID Disclosure Delivery and Receipt Date Validation Test' is no longer tested

XXX

RATE22J10239

$1,020,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/6/2021

12/06/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10239

$1,020,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/6/2021

12/15/2021

XXX

RATE22J10239

$1,020,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/6/2021

12/06/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $8,130.25.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/15/2021

XXX

RATE22J10239

$1,020,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

11/30/2021

11/30/2021 - Hazard insurance coverage of 524800.00 is not sufficent. The subject loan amount is 1020000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/15/2021

12/15/2021 - Hazard insurance coverage is sufficient.

XXX

RATE22J10242

$1,179,375.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/23/2021

11/23/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 08/23/2021 and shows no damage. Exception is for informational purposes only.

;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 794 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 51.96 months or $334158.20 are greater than the Guideline Minimum of 18.00 or $115769.51.

XXX

RATE22J10245

$1,354,500.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/08/2021 - Initial LE does not reflect an Appraisal Review fee yet the final CD shows a charge of $150. Missing evidence of a valid change of circumstance or reimbursement to the borrower for the additional fee.; 12/08/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 233.41 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10245

$1,354,500.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/08/2021 - Initial LE does not reflect an Appraisal Review fee yet the final CD shows a charge of $150. Missing evidence of a valid change of circumstance or reimbursement to the borrower for the additional fee.; 12/08/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $150.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 233.41 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10245

$1,354,500.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/14/2021

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 233.41 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10246

$750,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - FEMA declared Sonoma county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 09/07/2021 and shows no damage. Exception is for informational purposes only. ;

12/07/2021

12/07/2021 - The appraisal in file is dated 09/07/2021 and shows no damage. Exception is for informational purposes only. ; 12/07/2021 - Post disaster inspection confirms no property damage

Borrower has more than 2 years at current residence - Borrower at current residence 19.00 years ; Borrower has stable job time - Borrower has 3.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 354.67 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10249

$601,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/6/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower 1 has significant job time - Borrower has 7.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.75 years ; Borrower has stable job time - Borrower has 7.00 years at job.

XXX

RATE22J10249

$601,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/6/2021

12/15/2021

XXX

RATE22J10249

$601,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/6/2021

12/06/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $300.25.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/15/2021

XXX

RATE22J10251

$627,920.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area on 9/10/21 (Remnants of hurricane XXX) with an incident period from 8/31/21 to 9/5/21. Appraisal in file is dated 8/19/21 and Post Disaster Inspection dated 9/21/21 confirms no damage. Exception is for informational purposes only.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 22.41 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 796 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 21.00 months or $76821.82 are greater than the Guideline Minimum of 6.00 or $21954.10. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.00 years ; Borrower has stable job time - Borrower has 2.58 years at job.

XXX

RATE22J10252

$910,000.00

Cleared

Compliance

-96468

Initial Closing Disclosure Delivery Date Test

12/3/2021

12/03/2021 - This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.;

12/15/2021

12/15/2021 - This loan passed the initial closing disclosure delivery date test.( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is not less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.The creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.

XXX

RATE22J10252

$910,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/3/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10252

$910,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/3/2021

12/03/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $150.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/15/2021

XXX

RATE22J10252

$910,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/3/2021

12/03/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $150.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/15/2021

XXX

RATE22J10255

$632,141.00

Cleared

Compliance

1243

Right to Cancel is Missing

11/23/2021

11/23/2021 - The right to cancel is Missing;

12/09/2021

12/09/2021 - n/a property is a second home, ROR is not required. 12/09/2021 - Change status of 'Right to Cancel is Missing' from Active to Acknowledged by Client.; 12/09/2021 - Change severity of 'Right to Cancel is Missing' from Material to Non-Material.

Borrower 1 has significant job time - Borrower has 12.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 4.25 years ; Borrower has stable job time - Borrower has 12.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 1011081.67 are greater than the Guideline Minimum of 32486.49. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10260

$1,028,000.00

Cleared

Credit

2424

OFAC Check was not completed/Cleared.

11/10/2021

11/10/2021 - OFAC Check was not completed/cleared for Escrow Officer, Title Agent, and Settlement Agent.;

11/23/2021

11/23/2021 - cleared; 11/23/2021 - OFAC Check was completed and cleared.

Borrower has more than 2 years at current residence - Borrower at current residence 2.83 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 67.60 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10260

$1,028,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/10/2021

11/10/2021 - Fraud report shows the following alerts that have not been cleared: SUBJECT PROPERTY IS IN A DISASTER DECLARED AREA. 2. POSSIBLE MATCH FOUND ON SAM.GOV, WATCHLIST AND OFAC FOR ESCROW OFFICER, TITLE AGENT, UNDERWRITER AND SETTLEMENT AGENT. 3. POSSIBLE MATCH FOUND ON FREDDIE MAC EXCLUSIONARY LIST FOR APPRAISER.;

11/23/2021

11/23/2021 - na; 11/23/2021 - Alerts from Fraud Report have been cleared.

XXX

RATE22J10260

$1,028,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/10/2021

11/10/2021 - Property is located in a FEMA disaster area . FEMA declared XXX County in a disaster area (Remnants of hurricane XXX) on 9/5/21 with an incident period from 9/1/21 to 9/3/21. Appraisal in file dated 9/2/21 and is prior to release date of incident and no Post Disaster Inspection in file.;

12/01/2021

12/01/2021 - Cleared; 12/01/2021 - Post disaster inspection confirms no property damage; 11/23/2021 - Finding remians as we have no third party verification of no damage to property post hurricane.

XXX

RATE22J10260

$1,028,000.00

Cleared

Property

2957

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

11/19/2021

11/19/2021 - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection;

12/01/2021

12/01/2021 - Post Disaster Inspection provided

XXX

RATE22J10263

$1,288,000.00

Cleared

Compliance

-98777

Prohibited Fees Test

11/16/2021

11/23/2021

11/23/2021 - This loan passed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does not charge a fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 23.31 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 70.00 is less than Guideline LTV of 89.99. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 70.00 is less than Guideline CLTV of 89.99. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 770 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 685.62 months or $6556740.81 are greater than the Guideline Minimum of 6.00 or $57379.78. ; Borrower has more than 2 years at current residence - Borrower at current residence 5.33 years

XXX

RATE22J10264

$1,413,000.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

11/16/2021

11/16/2021 - The security instrument indicator is Missing. Copy in file on page 749 is from July 2019.;

12/06/2021

12/06/2021 - na; 12/06/2021 - The security instrument indicator is Present

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 25.67 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 48.23 is less than Guideline LTV of 75.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 48.23 is less than Guideline CLTV of 75.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 795 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10264

$1,413,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

11/16/2021

11/16/2021 - Hazard insurance coverage of 744000.00 is not sufficent. The subject loan amount is 1413000.00 and estimated replacement value from insurance company was not provided.;

12/06/2021

12/06/2021 - Cleared; 12/06/2021 - Hazard insurance coverage is sufficient.

XXX

RATE22J10264

$1,413,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/16/2021

11/16/2021 - Fraud report shows the following alerts that have not been cleared:nmls search returned no state license and no federal registration on closing requests.;

12/09/2021

12/09/2021 - na; 12/09/2021 - Alerts from Fraud Report have been cleared.

XXX

RATE22J10264

$1,413,000.00

Acknowledged

Credit

3500

Borrower residency documentation not provided or issue with documentation

11/16/2021

11/16/2021 - Borrower residency documentation not provided or issue with documentation. ;

12/09/2021

12/09/2021 - na; 12/09/2021 - Change status of 'Borrower residency documentation not provided or issue with documentation' from Active to Acknowledged by Client.; 12/09/2021 - Change severity of 'Borrower residency documentation not provided or issue with documentation' from Material to Non-Material.

Waiver

Client

XXX

RATE22J10267

$1,000,000.00

Cleared

Credit

1862

Initial Credit Application is Not Executed

12/2/2021

12/02/2021 - The initial credit application is Not Executed;

12/22/2021

Original CLTV is Below the Guideline Maximum - Calculated CLTV of ___ is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 760 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 18.74 months or $94004.44 are greater than the Guideline Minimum of 6.00 or $30101.40. ; Borrower has more than 2 years at current residence - Borrower at current residence 4.10 years ; Borrower has stable job time - Borrower has 3.40 years at job.

XXX

RATE22J10268

$784,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

12/2/2021

12/02/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $389,914.14. The disclosed finance charge of $389,314.14 is not considered accurate because it is understated by more than $100.;

12/14/2021

12/14/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $389,314.14. The disclosed finance charge of $389,314.14 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/14/2021 - Exception Cleared.

Borrower has stable job time - Borrower has 4.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 232697.36 are greater than the Guideline Minimum of 0.00.

XXX

RATE22J10269

$1,460,000.00

Cleared

Credit

1246

Transmittal Summary is Partial

11/15/2021

11/15/2021 - The transmittal summary is Partial. 1008 doesn't match Final AUS for ratios;

11/19/2021

11/19/2021 - na; 11/19/2021 - The transmittal summary is Present

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 784 is Greater than the Guideline Minimum of 720. ; Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 9.00 years

XXX

RATE22J10269

$1,460,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/9/2021

11/09/2021 - Fraud report shows the following alerts that have not been cleared: Watchlist check for real estate agent and company.;

11/19/2021

11/19/2021 - CLeared; 11/19/2021 - Alerts from Fraud Report have been cleared.

XXX

RATE22J10269

$1,460,000.00

Cleared

Property

932

Origination Appraisal is Partial

11/15/2021

11/15/2021 - Origination Appraisal is Partial. This is a Purchase for an O/O property. per Aprpaisal seller is also the Purchaser. Lender to provide clarification.;

11/24/2021

11/24/2021 - Cleared; 11/24/2021 - Origination appraisal is Present.

XXX

RATE22J10270

$1,520,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

11/22/2021

12/08/2021 - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5' from Active to Acknowledged by Client.; 12/08/2021 - na; 11/22/2021 - Third Party Valuation Product Not Provided and CU Score is 5.00.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

Original CLTV is Below the Guideline Maximum - Calculated CLTV of ___ is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 796 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 33.25 months or $233793.81 are greater than the Guideline Minimum of 9.00 or $63276.75. ; Borrower 1 has significant job time - Borrower has 16.20 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 11.70 years ; Borrower has stable job time - Borrower has 16.20 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10270

$1,520,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/22/2021

11/22/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

Original CLTV is Below the Guideline Maximum - Calculated CLTV of ___ is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 796 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 33.25 months or $233793.81 are greater than the Guideline Minimum of 9.00 or $63276.75. ; Borrower 1 has significant job time - Borrower has 16.20 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 11.70 years ; Borrower has stable job time - Borrower has 16.20 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10277

$1,119,200.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfire) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 09/10/2021 and shows no damage. Exception is for informational purposes only.

;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 796 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 44.83 months or $306688.24 are greater than the Guideline Minimum of 6.00 or $41046.24.

XXX

RATE22J10279

$799,999.00

Acknowledged

Compliance

-98777

Prohibited Fees Test

11/29/2021

11/29/2021 - Fees are correct and per LEs and CDs in the file.; 11/29/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

12/02/2021

12/02/2021 - Change status of 'Prohibited Fees Test' from Active to Acknowledged by Client.; 12/02/2021 - Acknowledged

Waiver

Client

Borrower has more than 2 years at current residence - Borrower at current residence 4.08 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 58.24 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10283

$1,132,600.00

Cleared

Compliance

1309

The file does not contain a complete copy of the Closing Disclosure. Unable to fully test for TRID tolerance.

12/7/2021

12/07/2021 - The file does not contain a final Closing Disclosure. Unable to fully test for TRID tolerance.;

12/20/2021

12/20/2021 - Cleared; 12/20/2021 - The file contains at least one complete copy of the Closing Disclosure.

Borrower 1 has significant job time - Borrower has 21.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 10.33 years ; Borrower has stable job time - Borrower has 21.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 353.92 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10283

$1,132,600.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/18/2021

11/18/2021 - Fraud report shows the following alerts that have not been cleared: BOTH BORROWERS HAS ADDITIONAL APPLICATIONS ON DIFFERENT PROPERTIES WITH OTHER LENDERS IN THE PAST 120 DAYS. 2. THE BORROWERS HAS ADDITIONAL LOANS REGISTERED ON OTHER PROPERTIES IN THE LOAN REGISTRY SYSTEM WITHIN THE PAST 120 DAYS. 3. ASC ONFILE NAME FOR THE LICENSE ID DOES NOT MATCH INPUT APPRAISER NAME 22309.;

12/20/2021

12/20/2021 - Re Reviewed Fraud Report and Docs in file. Condition Cleared.; 12/20/2021 - Alerts from Fraud Report have been cleared.

XXX

RATE22J10284

$1,227,000.00

Cleared

Compliance

-98542

Prohibited Fees Test

11/22/2021

11/22/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.; 11/22/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

11/23/2021

11/23/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.; 11/23/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 20.62 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 800 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 118.82 months or $852475.18 are greater than the Guideline Minimum of 12.00 or $86092.80. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.00 years ; Borrower has stable job time - Borrower has 4.00 years at job.

XXX

RATE22J10284

$1,227,000.00

Cleared

Compliance

1852

Incorrect rescission model used - RTC form model H-9 used for refinance not with Original Lender or Lender Affiliate

11/23/2021

11/23/2021 - Incorrect rescission model used - RTC form modelH-9 used for refinance not with Original Lender or Lender Affiliate ;

11/23/2021

11/23/2021 - RTC form modelH-8 used for No

XXX

RATE22J10284

$1,227,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/23/2021

11/23/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

11/23/2021

11/23/2021 - Third Party Valuation Product Provided

XXX

RATE22J10284

$1,227,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/23/2021

11/23/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 08/14/2020, with a release date of 09/26/2020. The appraisal in file is dated 09/08/2021 and shows no damage. Exception is for informational purposes only. ;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

XXX

RATE22J10285

$988,000.00

Cleared

Credit

1257

Borrower Employment Verification does not meet guidelines

11/20/2021

11/20/2021 - Employment verfication does not meet the guidelines. Missing W2's and paystubs to verify the length of employment of 2 yers emplopyment. Underwriting summary on page 246 states final paystube from pervious employmen which borrower was employed form 9/17/2018 - 2/26/21. No Voe or paystub for this employment is reflected in the file. ;

12/14/2021

12/14/2021 - cleared; 12/14/2021 - The exception 'Borrower Employment Verification does not meet guidelines' is cleared.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 26.37 is less than the Guideline DTI of 43.00. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 18.74 months or $95094.40 are greater than the Guideline Minimum of 6.00 or $30451.26. ; Borrower has more than 2 years at current residence - Borrower at current residence 4.60 years

XXX

RATE22J10285

$988,000.00

Cleared

Credit

1258

CoBorrower Employment Verification does not meet guidelines

11/20/2021

11/20/2021 - Borrower 2 employment of 2 years is missing from the file. VOE on page 597 only reflects 12 months. No paystubs or W2's are reflected in the file. ;

12/14/2021

12/14/2021 - cleared; 12/14/2021 - The exception 'CoBorrower Employment Verification does not meet guidelines' is cleared.

XXX

RATE22J10285

$988,000.00

Cleared

Credit

1261

Borrower Income Verification does not match Approval

11/20/2021

11/20/2021 - The borrower income verification does not match approval. Lenders approval missing from file. ;

12/14/2021

12/14/2021 - na; 12/14/2021 - The borrower income verification does match approval

XXX

RATE22J10285

$988,000.00

Cleared

Credit

1262

CoBorrower Income Verification does not match Approval

11/20/2021

11/20/2021 - The coborrower income verification does not match approval. Lenders approval is missing from the file. ;

12/14/2021

12/14/2021 - na; 12/14/2021 - The coborrower income verification does match approval

XXX

RATE22J10285

$988,000.00

Cleared

Credit

2587

Borrower Income Verification is less than 12 months

11/20/2021

11/20/2021 - Borrower Income Verification of 0.70 is less than 12 months.;

12/14/2021

12/14/2021 - cleared; 12/14/2021 - Income Verification of 244.00 is greater than 12 months.

XXX

RATE22J10285

$988,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/20/2021

11/20/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. The verification of employment is needed for the 2 years for both borrowers. ;

12/14/2021

12/14/2021 - na; 12/14/2021 - The exception 'ATR/QM Status is Pending' is cleared.

XXX

RATE22J10292

$700,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/8/2021

12/08/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/08/2021

12/08/2021 - Third Party Valuation Product Provided; 12/08/2021 - na; 12/08/2021 - Change status of 'Third Party Valuation Product not Provided' from Cleared to Rescind.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 20.33 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 47.62 is less than Guideline LTV of 75.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 47.62 is less than Guideline CLTV of 75.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 787 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 451.50 months or $1661544.60 are greater than the Guideline Minimum of 9.00 or $33120.81. ; Borrower has more than 2 years at current residence - Borrower at current residence 24.90 years ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10292

$700,000.00

Cleared

Compliance

-98777

Prohibited Fees Test

12/8/2021

12/14/2021

XXX

RATE22J10292

$700,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10292

$700,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/8/2021

12/08/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($754.50) exceed the comparable charges ($430.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

XXX

RATE22J10292

$700,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/14/2021

XXX

RATE22J10293

$712,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/14/2021

11/19/2021

11/19/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $260.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 11/19/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $0.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 11/19/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $260.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 11/19/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $278.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

Borrower 1 has significant job time - Borrower has 17.00 years on job ; Borrower has stable job time - Borrower has 17.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10293

$712,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

11/14/2021

11/14/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($2,311.74) exceed the comparable charges ($1,413.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

11/19/2021

11/19/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($832.74) do not exceed the comparable charges ($2,104.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 11/19/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($832.74) exceed the comparable charges ($754.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 11/19/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($1,392.74) exceed the comparable charges ($754.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

XXX

RATE22J10293

$712,000.00

Cleared

Credit

3605

Asset Documents are Incomplete

11/14/2021

11/14/2021 - Asset Documents are Incomplete: Provide formal statements for PDP to show liquidity. Missing account number, institution address and contact information, type of funds in account presented, (1-year, 2- year, or Demand funds). ;

11/19/2021

11/19/2021 - na; 11/19/2021 - The exception 'Asset Documents are Incomplete' is cleared.

XXX

RATE22J10297

$956,000.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

11/30/2021

12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.; 12/08/2021 - na; 11/30/2021 - The home loan toolket is Missing;

12/8/2021

12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.; 12/08/2021 - na; 11/30/2021 - The home loan toolket is Missing;

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 24.35 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 777 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 56.17 months or $325214.42 are greater than the Guideline Minimum of 6.00 or $34741.44. ; Borrower 1 has significant job time - Borrower has 6.50 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 22.00 years ; Borrower has stable job time - Borrower has 6.50 years at job.

XXX

RATE22J10297

$956,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

11/30/2021

12/08/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $497,258.45. The disclosed finance charge of $496,547.71 is not considered accurate because it is understated by more than $100.; 12/08/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $496,783.45. The disclosed finance charge of $503,547.71 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 11/30/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $496,783.45. The disclosed finance charge of $496,547.71 is not considered accurate because it is understated by more than $100.;

12/15/2021

12/15/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $496,547.71. The disclosed finance charge of $496,547.71 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/08/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $496,783.45. The disclosed finance charge of $496,547.71 is not considered accurate because it is understated by more than $100.

XXX

RATE22J10298

$715,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/30/2021

11/30/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area on 9/5/21 (Remnants of hurricane XXX) with an incident period from 9/1/21 to 9/3/21. Appraisal in file dated 9/14/21 which is after incident release date and confirms no damage. Exception is for informational purposes only.;

12/02/2021

12/02/2021 - Post disaster inspection confirms no property damage

Borrower has more than 2 years at current residence - Borrower at current residence 2.02 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 43.00 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10302

$639,200.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/6/2021

12/06/2021 - Property is located in a FEMA disaster area with no post disaster inpection. FEMA declared XXX county in a disaster area (Hurricanes) on 9/1/2021, with a release date of 09/3/2021. The appraisal in file is dated 9/7/21 and shows no damage. Exception is for informational purposes only. ;

12/06/2021

12/06/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 13.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.02 years ; Borrower has stable job time - Borrower has 13.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 106.30 are greater than the Guideline Minimum of 12.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10305

$944,000.00

Cleared

Credit

1904

Hazard Insurance Coverage is Not Sufficient

11/22/2021

11/22/2021 - Hazard insurance coverage of 618000.00 is not sufficient. The subject loan amount is 944000.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXXX.;

12/14/2021

12/14/2021 - na; 12/14/2021 - Hazard insurance coverage is 618000.00, the subject loan amount is 944000.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXX.

Borrower has stable job time - Borrower has 4.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 949841.96 are greater than the Guideline Minimum of 2022.00.

XXX

RATE22J10305

$944,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

12/8/2021

12/08/2021 - Fraud report shows the following alerts that have not been cleared: Fraud report pg 985 has uncleared high alert. ;

12/14/2021

12/14/2021 - na; 12/14/2021 - Alerts from Fraud Report have been cleared.

XXX

RATE22J10306

$776,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

11/23/2021

11/23/2021 - Third Party Valuation Product Not Provided and CU Score is 2.80.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 769 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 64.56 months or $252394.45 are greater than the Guideline Minimum of 6.00 or $23457.72.

XXX

RATE22J10306

$776,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/23/2021

11/23/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%. The file is missing CDA. ;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10309

$847,500.00

Cleared

Compliance

-98777

Prohibited Fees Test

12/1/2021

12/01/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

12/14/2021

Borrower 1 has significant job time - Borrower has 5.49 years on job ; Borrower has stable job time - Borrower has 5.49 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 51.37 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10309

$847,500.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/1/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10309

$847,500.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/1/2021

12/14/2021

XXX

RATE22J10309

$847,500.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/1/2021

12/14/2021

XXX

RATE22J10311

$844,000.00

Cleared

Credit

1257

Borrower Employment Verification does not meet guidelines

11/9/2021

11/09/2021 - A verbal verification is required No earlier than 10 business days prior to the Note Date. The verbal is dated 8/26/2021 and the note date is 9/XX/2021. ;

11/23/2021

11/23/2021 - cleared; 11/23/2021 - The exception 'Borrower Employment Verification does not meet guidelines' is cleared.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 27.94 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 764 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 30.97 months or $168465.79 are greater than the Guideline Minimum of 12.00 or $65277.56. ; Borrower 1 has significant job time - Borrower has 11.00 years on job ; Borrower has stable job time - Borrower has 11.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10311

$844,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/10/2021

11/10/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q.--Missing VVOE dated within 10 days of closing.;

11/23/2021

11/23/2021 - Cleared; 11/23/2021 - The exception 'ATR/QM Status is Pending' is cleared.

XXX

RATE22J10313

$692,000.00

Cleared

Credit

1246

Transmittal Summary is Partial

11/15/2021

11/15/2021 - The transmittal summary is Partial. 1008 does not support property as a PUD not the HOA dues. Need updated docu,ent6ation;

11/19/2021

11/19/2021 - Cleared; 11/19/2021 - The transmittal summary is Present

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 32.17 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 783 is Greater than the Guideline Minimum of 680. ; Borrower has more than 2 years at current residence - Borrower at current residence 5.00 years

XXX

RATE22J10314

$715,000.00

Acknowledged

Compliance

-98542

Prohibited Fees Test

12/3/2021

12/08/2021 - Change severity of 'Prohibited Fees Test' from Material to Non-Material.; 12/08/2021 - Change status of 'Prohibited Fees Test' from Active to Acknowledged by Client.; 12/08/2021 - Acknowledged; 12/03/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

12/8/2021

12/08/2021 - Change severity of 'Prohibited Fees Test' from Material to Non-Material.; 12/08/2021 - Change status of 'Prohibited Fees Test' from Active to Acknowledged by Client

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 26.91 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 51.44 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of ___ is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 767 is Greater than the Guideline Minimum of 680. ; Borrower has more than 2 years at current residence - Borrower at current residence 2.67 years

XXX

RATE22J10315

$1,468,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/16/2021

11/16/2021 - Fraud report shows the following alerts that have not been cleared: The Borrower may be associated with a Business/Grandview Engineering although did not show Self-Employment. ;

12/09/2021

12/09/2021 - na; 12/09/2021 - Alerts from Fraud Report have been cleared.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 793 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 66.21 months or $505680.90 are greater than the Guideline Minimum of 15.00 or $114556.45. ; Borrower 1 has significant job time - Borrower has 10.33 years on job ; Borrower has stable job time - Borrower has 10.33 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10316

$840,046.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/19/2021

11/19/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area (Severe Winter Storms) on 2/11/21 with a release date of 2/21/21. Appraisal in file dated 97/21 was subject to completion and 1004D dated 9/28/21 confirms no damage. Exception is for informational purposes only.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 7.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 19.30 years ; Borrower has stable job time - Borrower has 7.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 35.42 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10319

$832,000.00

Cleared

Credit

1904

Hazard Insurance Coverage is Not Sufficient

11/30/2021

11/30/2021 - Hazard insurance coverage of 600000.00 is not sufficient. The subject loan amount is 832000.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXX0.;

12/14/2021

12/14/2021 - na; 12/14/2021 - Hazard insurance coverage is 600000.00, the subject loan amount is 832000.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXXX.

XXX

RATE22J10321

$1,185,000.00

Cleared

Compliance

-99953

TILA Right of Rescission Test

12/8/2021

12/08/2021 - This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.

12/15/2021

12/15/2021 - This loan passed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is not before the third business day following consummation.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 26.97 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 778 is Greater than the Guideline Minimum of 680. ; Borrower has stable job time - Borrower has 4.00 years at job.

XXX

RATE22J10321

$1,185,000.00

Cleared

Compliance

1419

Right to Cancel Transaction Date is different from the Transaction Date

11/20/2021

11/20/2021 - The right to cancel transaction date of 9/XX/2021 is different from the note date of 9/XX/2021; 11/20/2021 - The right to cancel transaction date of 9/XX/2021 equals from the note date of 9/XX/2021;

12/15/2021

12/15/2021 - The right to cancel transaction date of 9/XX/2021 equals from the note date of 9/XX/2021; 12/15/2021 - The right to cancel transaction date of 9/XX/2021 is different from the note date of 9/XX/2021

XXX

RATE22J10323

$1,100,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/15/2021

11/15/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 09/03/2021 and shows no damage. Exception is for informational purposes only. ;

11/16/2021

11/16/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 783 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 23.89 months or $147241.77 are greater than the Guideline Minimum of 9.00 or $55467.93. ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10325

$1,000,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/19/2021

11/19/2021 - The Initial LE reflected a Lender Credit of $4,000 yet the Final CD does not reflect any seller credit. No evidence in file of a valid change of circumstance allowing the reduction of the Lender Credit.; 11/19/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $4,000.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/07/2021

12/07/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 27.52 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 64.52 is less than Guideline LTV of 75.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 64.52 is less than Guideline CLTV of 75.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 794 is Greater than the Guideline Minimum of 720. ; Borrower 1 has significant job time - Borrower has 19.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.05 years ; Borrower has stable job time - Borrower has 19.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10325

$1,000,000.00

Cleared

Compliance

-96348

Lender Credits That Cannot Decrease Test

11/19/2021

11/19/2021 - The Initial LE reflected a Lender Credit of $4,000 yet the Final CD does not reflect any seller credit. No evidence in file of a valid change of circumstance allowing the reduction of the Lender Credit.; 11/19/2021 - This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($0.00) does not exceed or equal the comparable sum of specific and non-specific lender credits ($4,000.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/07/2021

12/07/2021 - This loan passed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains lender credits that do not exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($0.00) exceeds or equals the comparable sum of specific and non-specific lender credits ($0.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10329

$1,572,700.00

Cleared

Credit

1245

Transmittal Summary is Missing

11/22/2021

11/22/2021 - The transmittal summary is Missing;

12/06/2021

12/06/2021 - na; 12/06/2021 - The transmittal summary is Present

Original LTV is Below the Guideline Maximum - Calculated LTV of 68.38 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 68.38 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 795 is Greater than the Guideline Minimum of 740. ; Borrower 1 has significant job time - Borrower has 14.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.25 years ; Borrower has stable job time - Borrower has 14.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10331

$640,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/2/2021

12/02/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area (Wildfires) on 8/24/21 with an incident period starting 7/14/21 and release date of 10/25/21. Appraisal in file dated 10/6/21 was prior to indicident end date and Post Disaster Inspection is missing to confirm no damage. ;

12/20/2021

12/20/2021 - Post disaster inspection confirms no property damage; 12/20/2021 - 12/20/2021- Lender provided Post Disaster Inspection report that shows no damage. Condition Cleared; 12/20/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.; 12/09/2021 - Finding remains as the release date of the disaster in XXX county was 10/25/2021, which is after appraisal date of 10/06/2021. PLease submit disaster inspection report.

Borrower has more than 2 years at current residence - Borrower at current residence 18.03 years ; Borrower has stable job time - Borrower has 3.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 69.91 are greater than the Guideline Minimum of 9.00.

XXX

RATE22J10331

$640,000.00

Cleared

Property

2957

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

12/2/2021

12/02/2021 - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection;

12/20/2021

12/20/2021 - Post Disaster Inspection provided

XXX

RATE22J10332

$1,604,000.00

Cleared

Compliance

-99196

CA AB 489/344 Consumer Loan Single Premium Credit Insurance Test

11/29/2021

11/29/2021 - This loan failed the single premium credit insurance test.

(CA AB 344 §9 [CA FC §4979.7])

The consumer loan finances credit life, credit disability, credit property, or credit unemployment insurance premiums, or debt cancellation or suspension agreement fees.;

12/15/2021

12/15/2021 - This loan passed the single premium credit insurance test.

(CA AB 344 §9 [CA FC §4979.7])

The consumer loan does not finance credit life, credit disability, credit property, or credit unemployment insurance premiums, or debt cancellation or suspension agreement fees.

Borrower has stable job time - Borrower has 16.17 years at job.

XXX

RATE22J10332

$1,604,000.00

Cleared

Compliance

-98542

Prohibited Fees Test

11/29/2021

11/29/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

12/15/2021

12/15/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.

Borrower has stable job time - Borrower has 16.17 years at job.

XXX

RATE22J10332

$1,604,000.00

Cleared

Compliance

-96660

TILA Financing of Credit Insurance Test

11/29/2021

11/29/2021 - This loan failed the TILA Financing of Single Premium Credit Insurance Test. (12 CFR §1026.36 (i))This loan financed at least one single premium credit insurance. A creditor may not finance, directly or indirectly, any premiums or fees for credit insurance in connection with a consumer credit transaction secured by a dwelling (including a home equity line of credit secured by the consumer's principal dwelling). This prohibition does not apply to credit insurance for which premiums or fees are calculated and paid in full on a monthly basis. 'Credit insurance' means credit life, credit disability, credit unemployment, or credit property insurance, or any other accident, loss-of income, life, or health insurance, or any payments directly or indirectly for any debt cancellation or suspension agreement or contract.;

12/15/2021

12/15/2021 - This loan passed the TILA Financing of Single Premium Credit Insurance Test. (12 CFR §1026.36 (i))This loan did not finance any single premium credit insurance. A creditor may not finance, directly or indirectly, any premiums or fees for credit insurance in connection with a consumer credit transaction secured by a dwelling (including a home equity line of credit secured by the consumer's principal dwelling). This prohibition does not apply to credit insurance for which premiums or fees are calculated and paid in full on a monthly basis. 'Credit insurance' means credit life, credit disability, credit unemployment, or credit property insurance, or any other accident, loss-of income, life, or health insurance, or any payments directly or indirectly for any debt cancellation or suspension agreement or contract.

Borrower has stable job time - Borrower has 16.17 years at job.

XXX

RATE22J10332

$1,604,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/29/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower has stable job time - Borrower has 16.17 years at job.

XXX

RATE22J10332

$1,604,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/29/2021

11/30/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $150.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 11/29/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $375.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/15/2021

Borrower has stable job time - Borrower has 16.17 years at job.

XXX

RATE22J10332

$1,604,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/29/2021

11/30/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $150.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/30/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $1,909.30.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/29/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $375.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/15/2021

Borrower has stable job time - Borrower has 16.17 years at job.

XXX

RATE22J10332

$1,604,000.00

Cleared

Credit

1267

Borrower Transcripts are missing

11/30/2021

11/30/2021 - The borrower transcripts is Missing;

12/15/2021

12/15/2021 - The borrower 4506T is Present

Borrower has stable job time - Borrower has 16.17 years at job.

XXX

RATE22J10332

$1,604,000.00

Cleared

Credit

1269

CoBorrower Transcripts is Missing

11/30/2021

11/30/2021 - The coborrower Transcripts is Missing;

12/15/2021

12/15/2021 - The coborrower Transcripts is Present

Borrower has stable job time - Borrower has 16.17 years at job.

XXX

RATE22J10338

$1,000,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/24/2021

11/24/2021 - Fema declared XXX County as diaster area ( Severe Winter Storms) 2.11.21 with incident end date of 2.2121. The appraisal in the file is dated 9.14.21 and shows no damage. The excpetion is for informational purpose only. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 6.00 years on job ; Borrower has stable job time - Borrower has 6.00 years at job.

XXX

RATE22J10340

$820,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

11/9/2021

11/09/2021 - Hazard insurance coverage is sufficient.; 11/09/2021 - Hazard insurance coverage of 788000.00 is not sufficent. The subject loan amount is 820000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

11/23/2021

11/23/2021 - na; 11/23/2021 - Hazard insurance coverage is sufficient.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 791 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 35.49 months or $146460.31 are greater than the Guideline Minimum of 6.00 or $24757.38. ; Borrower has stable job time - Borrower has 5.00 years at job.

XXX

RATE22J10342

$1,060,500.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area with no post disaster inpection. FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 09/17/2021 and shows no damage. Exception is for informational purposes only. ; 12/08/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 12.00 years on job ; Borrower has stable job time - Borrower has 12.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10343

$1,000,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.; 12/07/2021 - Property is located in a FEMA disaster area with no post disaster inpection. FEMA declared XXX county in a disaster area (wildfires) on 02/11/2021, with a release date of 02/21/2021. The appraisal in file is dated 09/09/2021 and shows no damage. Exception is for informational purposes only.

;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 21.40 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 54.05 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 54.05 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 793 is Greater than the Guideline Minimum of 720. ; Borrower 1 has significant job time - Borrower has 30.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 10.15 years ; Borrower has stable job time - Borrower has 30.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10343

$1,000,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

12/7/2021

12/07/2021 - Fraud report shows the following alerts that have not been cleared: Fraud report reflects the Title Agent and Non Borrower owner with High Alert for OFAC and Third Party Watch Lists. Lender to provide evidence of cleared status.;

12/20/2021

12/20/2021 - Alerts from Fraud Report have been cleared. Updated Fraud report and supporting documents received/reviewed- condition cleared.

XXX

RATE22J10344

$768,000.00

Cleared

Compliance

-98777

Prohibited Fees Test

12/3/2021

12/03/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

12/15/2021

12/15/2021 - This loan passed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does not charge a fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points; 12/15/2021 - Change severity of 'Prohibited Fees Test' from Non-Material to Material.; 12/15/2021 - Exception cleared.

Borrower has more than 2 years at current residence - Borrower at current residence 4.06 years ; Borrower has stable job time - Borrower has 3.11 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 27.97 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10344

$768,000.00

Cleared

Compliance

-96383

TRID Initial Closing Disclosure Date and Funding Date Validation Test

12/3/2021

12/03/2021 - This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields.;

12/15/2021

12/15/2021 - This compliance test 'TRID Initial Closing Disclosure Date and Funding Date Validation Test' is no longer tested; 12/15/2021 - Eception cleared.; 12/15/2021 - Final CD received/reviewed - condtion cleared.

XXX

RATE22J10344

$768,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/3/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/15/2021 - Exception cleared.; 12/15/2021 - Final CD received/reviewed - condtion cleared.

XXX

RATE22J10344

$768,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/3/2021

12/03/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $300.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/15/2021

XXX

RATE22J10344

$768,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/3/2021

12/03/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $300.25.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/15/2021

XXX

RATE22J10344

$768,000.00

Cleared

Credit

1431

Liquid Reserves (Dollar Amount) are less than AUS Minimum Required

12/2/2021

12/02/2021 - The liquid reserves of 92336.54 are less than the minimum required per AUS of 183938.46.;

12/15/2021

12/15/2021 - The liquid reserves of 92336.54 are greater than or equal to the AUS minimum required of ___.

XXX

RATE22J10345

$1,044,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/16/2021

11/16/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 08/14/2020, with a release date of 09/26/2020. The appraisal in file is dated 09/10/2021 and shows no damage. Exception is for informational purposes only. ;

11/19/2021

11/19/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 12.95 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 54.38 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 54.38 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 803 is Greater than the Guideline Minimum of 720. ; Borrower has more than 2 years at current residence - Borrower at current residence 5.75 years

XXX

RATE22J10346

$640,000.00

Acknowledged

Credit

3420

DTI Exceeds AUS Maximum Allowable

11/18/2021

12/01/2021 - The back-end DTI of 32.72 (Total Income of 12188.34, Orig PITI of 3313.42, Monthly debt of 675.00) is not greater than the maximum allowable per AUS of ___; 11/18/2021 - Within the 3% variance.; 11/18/2021 - The back-end DTI of 32.72 (Total Income of 12188.34, Orig PITI of 3313.42, Monthly debt of 675.00) exceeds the maximum allowable per AUS of 32.59;

12/09/2021

12/09/2021 - NA; 12/09/2021 - Change status of 'DTI Exceeds AUS Maximum Allowable' from Active to Acknowledged by Client.; 12/09/2021 - Change severity of 'DTI Exceeds AUS Maximum Allowable' from Non-Material to Material.; 12/09/2021 - Change severity of 'DTI Exceeds AUS Maximum Allowable' from Material to Non-Material.

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 32.72 is less than the Guideline DTI of 43.00. ; Borrower 1 has significant job time - Borrower has 14.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 12.20 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 95.89 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10347

$1,050,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/17/2021

11/17/2021 - Property is located in a FEMA disaster area with no post disaster inpection, FEMA declared XXX county in a disaster area (wildfires) on 09/042020, with a release date of 11/14/2020. The appraisal in file is dated 09/08/2021 and shows no damage. Exception is for informational purposes only. ; 11/17/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.;

11/19/2021

11/19/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 28.75 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 55.26 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 55.26 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 792 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 119.64 months or $773014.07 are greater than the Guideline Minimum of 12.00 or $77532.44. ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10348

$704,000.00

Cleared

Credit

924

Title Policy is Missing

12/6/2021

12/06/2021 - Title policy is Missing;

12/14/2021

12/14/2021 - Title policy is Present. Commitment received/reviewed - condition cleared.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 31.94 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 756 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 55.99 months or $211746.09 are greater than the Guideline Minimum of 6.00 or $22692.22. ; Borrower has stable job time - Borrower has 4.49 years at job.

XXX

RATE22J10350

$1,280,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

11/18/2021

11/30/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $607,803.29. The disclosed finance charge of $607,319.29 is not considered accurate because it is understated by more than $100.; 11/18/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $618,013.81. The disclosed finance charge of $607,319.29 is not considered accurate because it is understated by more than $100.;

12/06/2021

12/06/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $607,042.29. The disclosed finance charge of $607,319.29 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/06/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $607,803.29. The disclosed finance charge of $607,319.29 is not considered accurate because it is understated by more than $100.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 803 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 48.74 months or $405158.13 are greater than the Guideline Minimum of 12.00 or $99761.76. ; Borrower has more than 2 years at current residence - Borrower at current residence 2.50 years

XXX

RATE22J10353

$720,000.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

11/29/2021

11/29/2021 - This loan failed the TRID post-consummation reason for redisclosure validation test.This loan contains a post-consummation revised closing disclosure delivery date but does not provide the reason for the redisclosure after consummation. The reason is required in order to audit post-consummation redisclosure timing tests.;

12/15/2021

12/15/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested; 12/15/2021 - Post close CD received/reviewed-condition cleared.

Borrower has more than 2 years at current residence - Borrower at current residence 2.90 years ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 416499.97 are greater than the Guideline Minimum of 0.00.

XXX

RATE22J10353

$720,000.00

Cleared

Credit

3606

HMDA Data Tape Not Provided

12/8/2021

12/08/2021 - HMDA data tape not provided.;

12/20/2021

12/20/2021 - HMDA data tape provided.

XXX

RATE22J10356

$880,000.00

Cleared

Compliance

-99196

CA AB 489/344 Consumer Loan Single Premium Credit Insurance Test

12/3/2021

12/03/2021 - This loan failed the single premium credit insurance test.

(CA AB 344 §9 [CA FC §4979.7])

The consumer loan finances credit life, credit disability, credit property, or credit unemployment insurance premiums, or debt cancellation or suspension agreement fees.;

12/15/2021

12/15/2021 - This loan passed the single premium credit insurance test.

(CA AB 344 §9 [CA FC §4979.7])

The consumer loan does not finance credit life, credit disability, credit property, or credit unemployment insurance premiums, or debt cancellation or suspension agreement fees.; 12/15/2021 - Exception cleared.

Borrower 1 has significant job time - Borrower has 6.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 9.33 years ; Borrower has stable job time - Borrower has 6.00 years at job.

XXX

RATE22J10356

$880,000.00

Cleared

Compliance

-96660

TILA Financing of Credit Insurance Test

12/3/2021

12/03/2021 - This loan failed the TILA Financing of Single Premium Credit Insurance Test. (12 CFR §1026.36 (i))This loan financed at least one single premium credit insurance. A creditor may not finance, directly or indirectly, any premiums or fees for credit insurance in connection with a consumer credit transaction secured by a dwelling (including a home equity line of credit secured by the consumer's principal dwelling). This prohibition does not apply to credit insurance for which premiums or fees are calculated and paid in full on a monthly basis. 'Credit insurance' means credit life, credit disability, credit unemployment, or credit property insurance, or any other accident, loss-of income, life, or health insurance, or any payments directly or indirectly for any debt cancellation or suspension agreement or contract.;

12/15/2021

XXX

RATE22J10356

$880,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/3/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/15/2021 - Exception cleared.

XXX

RATE22J10356

$880,000.00

Acknowledged

Compliance

-96366

Charges That Cannot Increase Test

12/3/2021

12/03/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $270.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/15/2021

12/15/2021 - Change status of 'Charges That Cannot Increase Test' from Active to Acknowledged by Client.; 12/15/2021 - Change severity of 'Charges That Cannot Increase Test' from Material to Non-Material.; 12/15/2021 - Lender reimbursed borrower $270 for tolerance cure on Final CD dated 10/13/2021. Exception N/A, cured.

Waiver

Client

XXX

RATE22J10356

$880,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/3/2021

12/03/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $270.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/15/2021

XXX

RATE22J10356

$880,000.00

Cleared

Credit

1267

Borrower Transcripts are missing

12/2/2021

12/02/2021 - The borrower transcripts is Missing;

12/15/2021 - Lender provided Transcripts.; 12/15/2021 - Change status of 'Borrower Transcripts are missing' from Active to Open Rebuttal.;

12/15/2021

12/15/2021 - Exception Cleared.; 12/15/2021 - The borrower 4506T is Present

XXX

RATE22J10358

$1,210,000.00

Acknowledged

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

11/11/2021

12/08/2021 - non-material, PI payment on note matches final CD; 12/08/2021 - Change severity of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Material to Non-Material.; 12/08/2021 - Change status of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Active to Acknowledged by Client.; 11/11/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 9/XX/2021;

12/8/2021

12/08/2021 - Change severity of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Material to Non-Material.;

Waiver

Client

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 1103086.98 are greater than the Guideline Minimum of 0.00.

XXX

RATE22J10358

$1,210,000.00

Cleared

Credit

1427

LTV Exceeds AUS Maximum Allowable

11/11/2021

12/08/2021 - The AUS in file reflects loan amount of $1,170,000 vs loan amount of $1,210,000 reflected on Note and final closing disclosure. Please provide updated AUS reflecting correct loan amount of $1,210,000.; 11/11/2021 - The original LTV of 0.00 is not greater than the maximum allowable per AUS of 60.00; 11/11/2021 - The original LTV of 62.05 exceeds the maximum allowable per AUS of 60.00;

12/14/2021

12/14/2021 - The original LTV of 62.05 is not greater than the maximum allowable per AUS of 63.00

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 1103086.98 are greater than the Guideline Minimum of 0.00.

XXX

RATE22J10358

$1,210,000.00

Cleared

Credit

1428

CLTV Exceeds the AUS Maximum Allowable

11/11/2021

12/08/2021 - The AUS in file reflects loan amount of $1,170,000 vs loan amount of $1,210,000 reflected on Note and final closing disclosure. Please provide updated AUS reflecting correct loan amount of $1,210,000.; 11/11/2021 - The original CLTV of 62.05 exceeds maximum allowable per AUS of 60.00; 11/11/2021 - The original CLTV of 0.00 is not greater than the maximum allowable per AUS of 60.00;

12/14/2021

12/14/2021 - The original CLTV of 62.05 is not greater than the maximum allowable per AUS of 63.00

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 1103086.98 are greater than the Guideline Minimum of 0.00.

XXX

RATE22J10361

$667,760.00

Cleared

Credit

870

HAZARD INSURANCE CERTIFICATE MISSING

11/8/2021

11/08/2021 - Missing copy of hazard insurance certificate;

11/19/2021

11/19/2021 - Cleared; 11/19/2021 - Received copy of hazard insurance certificate

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 780 is Greater than the Guideline Minimum of 680. ; Borrower has stable job time - Borrower has 5.00 years at job.

XXX

RATE22J10362

$1,205,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/16/2021

11/16/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 25.19 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 798 is Greater than the Guideline Minimum of 720. ; Borrower 1 has significant job time - Borrower has 15.00 years on job ; Borrower has stable job time - Borrower has 15.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10363

$799,999.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/16/2021

11/16/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 9/5/2021, incident occurred on 9/11/2021. The appraisal in file is dated 10/1/2021 and shows no damage. Exception is for informational purposes only.;

11/19/2021

11/19/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 5.50 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 3.25 years ; Borrower has stable job time - Borrower has 5.50 years at job.

XXX

RATE22J10364

$875,000.00

Acknowledged

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

11/23/2021

12/08/2021 - Change status of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Active to Acknowledged by Client.; 12/08/2021 - NA; 12/08/2021 - Change severity of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Material to Non-Material.; 11/24/2021 - COC (page 168) The appraisd value has changed from $2million to $1.5million. Loan amount changed from 1million to 875K. Interest Rate changed from 2.875 to 3; 11/23/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 9/XX/2021;

12/8/2021

12/08/2021 - Change severity of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Material to Non-Material.;

Waiver

Client

Borrower has more than 2 years at current residence - Borrower at current residence 6.00 years ; Borrower has stable job time - Borrower has 5.00 years at job.

XXX

RATE22J10367

$580,801.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/17/2021

11/17/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 32.38 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 782 is Greater than the Guideline Minimum of 680. ; Borrower has more than 2 years at current residence - Borrower at current residence 6.25 years

XXX

RATE22J10369

$1,037,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/23/2021

11/23/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. Missing pages of 8/2021 IRA statement.;

12/14/2021

12/14/2021 - na; 12/14/2021 - The exception 'ATR/QM Status is Pending' is cleared.

XXX

RATE22J10369

$1,037,000.00

Cleared

Credit

3605

Asset Documents are Incomplete

11/23/2021

11/23/2021 - Asset Documents are Incomplete: IRA statements are incomplete-Missing pages 1-12 of 8/2021 Raymond James Financial Services IRA statement.;

12/14/2021

12/14/2021 - na; 12/14/2021 - The exception 'Asset Documents are Incomplete' is cleared.

XXX

RATE22J10374

$675,000.00

Cleared

Credit

2578

Housing history does not meet guidelines

12/2/2021

12/02/2021 - Housing history does not meet guidelines. Investor guidelines require 24 month payment history to be verified. The file contains documented evidence of 22 months only. ;

12/09/2021

12/09/2021 - cleared; 12/09/2021 - Housing delinquency meets guidelines.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 31.73 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 748 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 78.21 months or $308954.31 are greater than the Guideline Minimum of 6.00 or $23702.59. ; Borrower 1 has significant job time - Borrower has 17.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.08 years ; Borrower has stable job time - Borrower has 17.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10377

$960,000.00

Cleared

Compliance

-96288

Per Diem Interest Amount Test

11/18/2021

12/07/2021 - This loan failed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($552.30) exceeds the per diem interest charge or credit threshold ($321.00).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.; 11/18/2021 - This loan passed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($552.30) does not exceed the per diem interest charge or credit threshold ($641.00).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.;

12/14/2021

12/14/2021 - This loan passed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($315.60) does not exceed the per diem interest charge or credit threshold ($401.00).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.

Borrower 1 has significant job time - Borrower has 8.25 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 10.83 years ; Borrower has stable job time - Borrower has 8.25 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 94.06 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10377

$960,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/18/2021

11/18/2021 - Property is located in a FEMA disaster area with no post disaster inpection. Covid 19 declaired 3-22-2020 and Wildfire declared 10-16-2020. Appraisal completed 9/9/2020 with no damage noted. No post inspectiion needed. ;

12/20/2021

12/20/2021 - Post disaster not needed. ; 12/20/2021 - Post disaster inspection confirms no property damage

XXX

RATE22J10378

$1,060,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/2/2021

12/02/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 07/25/2020 with a release date of 07/27/2020. The appraisal on file is dated 09/20/2021 and shows no damage. Exception is for informational purposes;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 798 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 118.09 months or $596810.92 are greater than the Guideline Minimum of 6.00 or $30323.38. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.50 years

XXX

RATE22J10379

$809,000.00

Cleared

Credit

1258

CoBorrower Employment Verification does not meet guidelines

12/1/2021

12/01/2021 - DU requires verification that B2 is not related to the employer. No verification found.; 12/01/2021 - DU requires a paystub and W2 from prior year or a standard VOE. The application discloses that the coborrower has worked at XXX; Company since 11/5/21. There is a signed offer of employment for this same company, dated 5/11/21. The letter states that the start date has not been set but will occur prior to 2/28/2022. Due to the file missing all employment /income verification to date and the consummation date being > 90 days from the contracted start date a revised DU should be run and approved without utilizing the income for qualification. ;

12/20/2021

12/20/2021 - Rebuttal received/reviewed, CoB was not utilizing income to qualify - conditions cleared.

Borrower has stable job time - Borrower has 3.50 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 255.16 are greater than the Guideline Minimum of 12.00.

XXX

RATE22J10379

$809,000.00

Cleared

Credit

3420

DTI Exceeds AUS Maximum Allowable

12/1/2021

12/02/2021 - The qualifying back-end DTI of 23.10 (Total Income of 41041.67, Orig PITI of 4635.52, Monthly debt of 4846.13) exceeds the maximum allowable per AUS of 22.55 The back-end DTI of 23.10 (Total Income of 41041.67, Orig PITI of 4635.52, Monthly debt of 4846.13) exceeds the maximum allowable per AUS of 22.55; 12/02/2021 - The back-end DTI of 23.10 (Total Income of 41041.67, Orig PITI of 4635.52, Monthly debt of 4846.13) is not greater than the maximum allowable per AUS of ___; 12/01/2021 - The back-end DTI of 23.04 (Total Income of 41041.67, Orig PITI of 4610.52, Monthly debt of 4846.13) exceeds the maximum allowable per AUS of 22.55; 12/01/2021 - The back-end DTI of 37.72 (Total Income of 14166.67, Orig PITI of 4610.52, Monthly debt of 733.77) exceeds the maximum allowable per AUS of 22.55; 12/01/2021 - The back-end DTI of 17.26 (Total Income of 54791.67, Orig PITI of 4610.52, Monthly debt of 4846.13) is not greater than the maximum allowable per AUS of 22.55; 12/01/2021 - The back-end DTI of 23.10 (Total Income of 41041.67, Orig PITI of 4635.52, Monthly debt of 4846.13) exceeds the maximum allowable per AUS of 22.55; 12/01/2021 - The back-end DTI of 19.58 (Total Income of 27291.67, Orig PITI of 4610.52, Monthly debt of 733.77) is not greater than the maximum allowable per AUS of 22.55; 12/01/2021 - The qualifying back-end DTI of 23.10 (Total Income of 41041.67, Orig PITI of 4635.52, Monthly debt of 4846.13) is not greater than the maximum allowable per AUS of 23.10 The back-end DTI of 23.10 (Total Income of 41041.67, Orig PITI of 4635.52, Monthly debt of 4846.13) is not greater than the maximum allowable per AUS of 23.10;

12/20/2021

12/20/2021 - The back-end DTI of 31.61 (Total Income of 27291.67, Orig PITI of 4635.52, Monthly debt of 3992.52) is not greater than the maximum allowable per AUS of 31.61

XXX

RATE22J10379

$809,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/1/2021

12/01/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. Missing employment and liability information.;

12/20/2021

12/20/2021 - Rebuttal received/reviewed, CoB was not utilizing income to qualify - conditions cleared.

XXX

RATE22J10379

$809,000.00

Cleared

Compliance

-97566

Mortgage Loan Finding

12/1/2021

12/01/2021 - Mortgage Loan (KRS 286.8-010 as amended by KY HB 552, Section 4 (2008))

The loan is a mortgage loan, as defined in the Kentucky Revised Statutes, because it is secured by a mortgage on residential real property containing four or fewer units.;

12/21/2021

Waiver

Client

XXX

RATE22J10379

$809,000.00

Cleared

Property

2460

Third Party Desk Review variance to appraised value exceeds 10%

12/2/2021

12/02/2021 - Third party Desk Review variance of -20.33 exceeds 10% maximum allowed.;

12/22/2021

12/22/2021 - Additional third party valuation requested to support value.; 12/22/2021 - Finding remais as the third party value is greater than a 10% variance.

XXX

RATE22J10380

$725,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/6/2021

12/06/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/06/2021

12/06/2021 - Third Party Valuation Product Provided

Original LTV is Below the Guideline Maximum - Calculated LTV of 65.91 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 65.91 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 782 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 166.77 months or $709972.30 are greater than the Guideline Minimum of 6.00 or $25542.62. ; Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.58 years ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10380

$725,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/19/2021

11/19/2021 - Property is located in a FEMA disaster area with no post disaster inpection. Severe storms Tornado 3/5/2021 and 5/8/2021. Appraisal 9/21/2021which was after this date with no shown damage. No post inspection is needed. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

XXX

RATE22J10383

$1,238,500.00

Cleared

Credit

2077

Fraud Report Missing

11/9/2021

11/10/2021 - file is missing third party fraud report; 11/09/2021 - Fraud report Missing.;

12/03/2021

12/03/2021 - Cleared; 12/03/2021 - Fraud report Present.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 751 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 49.21 months or $322510.84 are greater than the Guideline Minimum of 12.00 or $78650.31. ; Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10383

$1,238,500.00

Cleared

Compliance

2353

Evidence of Rate Lock Not Provided

11/10/2021

11/10/2021 - no evidence of rate lock in file; 11/10/2021 - Evidence of Rate Lock Not Provided;

12/03/2021

12/03/2021 - Evidence of Rate Lock Not Provided; 12/03/2021 - Cleared; 12/03/2021 - Evidence of Rate Lock Provided

XXX

RATE22J10383

$1,238,500.00

Cleared

Compliance

-96585

High-Cost Mortgage Date the Rate Was Set Validation Test

11/17/2021

11/17/2021 - This loan failed the date the rate was set validation test. ( 12 CFR §1026.32(1)(i)(A), (C) )This loan did not provide the date the rate was set, which is required for the High-Cost Mortgage Finding.; 11/17/2021 - Missing Rate Lock date to complete Compliance Testing.;

12/09/2021

12/09/2021 - This compliance test 'High-Cost Mortgage Date the Rate Was Set Validation Test' is no longer tested

XXX

RATE22J10388

$850,100.00

Cleared

Compliance

-99944

Late Fees Test

12/8/2021

12/08/2021 - This loan failed the late fees test.The loan has late fees that do not conform to the requirements for the lender's license type in the state where the property is located.PLEASE NOTE: Certain states impose a late charge restriction that requires a comparison of the late fees charge, expressed either as a percentage or a dollar amount, or as both. In cases where the user provided data does not contain the required data point, ComplianceAnalyzer^® will calculate the required data point from the late charge value entered by the user, and for such purpose will use the system's calculation of the scheduled monthly payment amount. Such data point calculations are an estimate based on the user provided data, and may not reflect the actual late charge threshold on an irregular payment, or if the maximum permitted late charge is based on the amount of the scheduled payment that is outstanding and not the entire scheduled payment.;

12/15/2021

Borrower 1 has significant job time - Borrower has 18.90 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.10 years ; Borrower has stable job time - Borrower has 18.90 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10389

$720,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/22/2021

11/22/2021 - Fraud report shows the following alerts that have not been cleared: Watchlist check for appraiser.;

12/16/2021

12/16/2021 - Alerts from Fraud Report have been cleared.

Borrower 1 has significant job time - Borrower has 7.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.30 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 128.69 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10390

$1,060,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - Property is located in a FEMA disaster area with no post disaster inpection. FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 10/05/2021and shows no damage. Exception is for informational purposes only. ; 12/07/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 28.26 is less than the Guideline DTI of 80.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 59.22 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 59.22 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 768 is Greater than the Guideline Minimum of 720. ; Borrower has more than 2 years at current residence - Borrower at current residence 9.20 years

XXX

RATE22J10397

$1,127,000.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

12/2/2021

12/02/2021 - The security instrument indicator is Missing;

12/14/2021

12/14/2021 - na; 12/14/2021 - The security instrument indicator is Present

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 24.51 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 67.28 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 67.28 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 781 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 43.24 months or $269847.08 are greater than the Guideline Minimum of 12.00 or $74887.08.

XXX

RATE22J10398

$1,300,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

11/15/2021

11/15/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $644,637.99. The disclosed finance charge of $644,278.99 is not considered accurate because it is understated by more than $100.;

11/19/2021

11/19/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $644,637.99. The disclosed finance charge of $644,637.99 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 31.68 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 796 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 64.42 months or $519675.11 are greater than the Guideline Minimum of 12.00 or $96810.84. ; Borrower 1 has significant job time - Borrower has 16.00 years on job ; Borrower has stable job time - Borrower has 16.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10398

$1,300,000.00

Cleared

Compliance

-98777

Prohibited Fees Test

11/15/2021

11/15/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

11/19/2021

11/19/2021 - This loan passed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does not charge a fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points

XXX

RATE22J10398

$1,300,000.00

Cleared

Compliance

-96348

Lender Credits That Cannot Decrease Test

11/15/2021

11/15/2021 - This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($0.00) does not exceed or equal the comparable sum of specific and non-specific lender credits ($3,500.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

11/19/2021

11/19/2021 - This loan passed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains lender credits that do not exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($0.00) exceeds or equals the comparable sum of specific and non-specific lender credits ($0.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10398

$1,300,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/11/2021

11/11/2021 - Fraud report shows the following alerts that have not been cleared:Possible match found on Freddie Mac Exclusionary List ;

11/19/2021

11/19/2021 - na; 11/19/2021 - Alerts from Fraud Report have been cleared.

XXX

RATE22J10399

$1,032,700.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/9/2021

11/09/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 9/5/2021, incident occurred on 9/1/2021. The appraisal in file is dated 9/23/2021 and shows no damage. Exception is for informational purposes only.;

11/16/2021

11/16/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 10.60 years on job ; Borrower has stable job time - Borrower has 10.60 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 180306.59 are greater than the Guideline Minimum of 0.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10402

$1,140,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/19/2021

11/19/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (fire) on 10/14/2020, incident occurred on 9/4/2020. The appraisal in file is dated 9/27/2021 and shows no damage. Exception is for informational purposes only.;

11/19/2021

11/19/2021 - Post disaster inspection confirms no property damage

Borrower has stable job time - Borrower has 3.08 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 20.67 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10402

$1,140,000.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

11/19/2021

11/19/2021 - The security instrument indicator is Missing;

11/23/2021

11/23/2021 - Cleared; 11/23/2021 - The security instrument indicator is Present

XXX

RATE22J10405

$1,020,500.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/18/2021

11/18/2021 - Fraud report shows the following alerts that have not been cleared: Borrower has addtional loan applications on different properties. 1) REO reflects addtional and 2) Borrower is not self employed, however tax returns provided showing a loss of income for XXX, LLC;

12/09/2021

12/09/2021 - na; 12/09/2021 - Alerts from Fraud Report have been cleared.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 22.87 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 67.63 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 67.63 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 793 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10408

$625,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/20/2021

11/20/2021 - Property is located in a FEMA disaster area with no post disaster inspection. FEMA declared XXX county in a disaster area(severe storm) on 4.12.2020, with an incident end date of 4.13.2020. The appraisal in file is dated 9.24.2021 and shows no damage. Execption is for informational purposes only. ;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 32.51 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 808 is Greater than the Guideline Minimum of 680. ; Borrower has more than 2 years at current residence - Borrower at current residence 7.33 years

XXX

RATE22J10411

$1,168,821.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

11/19/2021

12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Non-Material to Material.; 12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Material to Non-Material.; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.; 12/08/2021 - na; 11/19/2021 - The home loan toolket is Missing;

12/8/2021

12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Non-Material to Material.; 12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Material to Non-Material.;

Waiver

Client

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 254228.58 are greater than the Guideline Minimum of 56316.69.

XXX

RATE22J10412

$1,160,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/20/2021

12/08/2021 - FEMA declared Los Angeles county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 09/09/2021 and shows no damage. Exception is for informational purposes only. ; 12/08/2021 - Post disaster inspection confirms no property damage; 11/20/2021 - Property is located in a FEMA disaster area [4569; incident end date: 11/17/2020] with no post disaster inpection;

12/08/2021

12/08/2021 - The appraisal in file is dated 09/09/2021 and shows no damage. Exception is for informational purposes only. ; 12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 73.00 years on job ; Borrower has stable job time - Borrower has 15.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10412

$1,160,000.00

Cleared

Credit

2074

Executed HELOC closure letter not provided.

12/8/2021

12/08/2021 - Missing executed documentation HELOC is closed to future draws;

12/15/2021

12/15/2021 - The lender provided a close out letter for the HELOC paid at closing. Condition cleared.; 12/15/2021 - HELOC closure documentation provided

XXX

RATE22J10416

$1,184,000.00

Cleared

Compliance

-96585

High-Cost Mortgage Date the Rate Was Set Validation Test

12/3/2021

12/03/2021 - This loan failed the date the rate was set validation test. ( 12 CFR §1026.32(1)(i)(A), (C) )This loan did not provide the date the rate was set, which is required for the High-Cost Mortgage Finding.;

12/09/2021

12/09/2021 - This compliance test 'High-Cost Mortgage Date the Rate Was Set Validation Test' is no longer tested

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 700002.00 are greater than the Guideline Minimum of 20415.99.

XXX

RATE22J10416

$1,184,000.00

Cleared

Compliance

-96468

Initial Closing Disclosure Delivery Date Test

12/3/2021

12/09/2021

12/09/2021 - This loan passed the initial closing disclosure delivery date test.( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is not less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.The creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 700002.00 are greater than the Guideline Minimum of 20415.99.

XXX

RATE22J10416

$1,184,000.00

Cleared

Compliance

-96369

Reimbursement Amount Validation Test

12/3/2021

12/03/2021 - This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations.;

12/09/2021

12/09/2021 - This compliance test 'Reimbursement Amount Validation Test' is no longer tested

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 700002.00 are greater than the Guideline Minimum of 20415.99.

XXX

RATE22J10416

$1,184,000.00

Cleared

Credit

3420

DTI Exceeds AUS Maximum Allowable

12/3/2021

12/03/2021 - The back-end DTI of 45.22 (Total Income of 17589.87, Orig PITI of 6555.33, Monthly debt of 1399.00) exceeds the maximum allowable per AUS of 21.63; 12/03/2021 - The back-end DTI of 20.81 (Total Income of 38229.95, Orig PITI of 6555.33, Monthly debt of 1399.00) is not greater than the maximum allowable per AUS of 21.63; 12/03/2021 - The back-end DTI of 38.98 (Total Income of 17589.87, Orig PITI of 6555.33, Monthly debt of 301.00) exceeds the maximum allowable per AUS of 21.63; 12/03/2021 - The back-end DTI of 12.99 (Total Income of 52769.60, Orig PITI of 6555.33, Monthly debt of 301.00) is not greater than the maximum allowable per AUS of 21.63; 12/03/2021 - The back-end DTI of 21.83 (Total Income of 38229.95, Orig PITI of 6885.33, Monthly debt of 1460.03) exceeds the maximum allowable per AUS of 21.63;

12/09/2021

12/09/2021 - The qualifying back-end DTI of 21.83 (Total Income of 38229.95, Orig PITI of 6885.33, Monthly debt of 1460.03) is not greater than the maximum allowable per AUS of 43.00 The back-end DTI of 21.83 (Total Income of 38229.95, Orig PITI of 6885.33, Monthly debt of 1460.03) is not greater than the maximum allowable per AUS of 43.00

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 700002.00 are greater than the Guideline Minimum of 20415.99.

XXX

RATE22J10416

$1,184,000.00

Cleared

Compliance

-96633

RESPA Homeownership Counseling Organizations Disclosure Date Test

12/9/2021

12/09/2021 - This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NonePlease note: This test does not validate the content of any list of homeownership counseling organizations.;

12/14/2021

12/14/2021 - This loan passed the homeownership counseling organizations disclosure date test. ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is within three business days of the loan originator's application date, and the homeownership counseling organizations disclosure date is on or before the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.Please note: This test does not validate the content of any list of homeownership counseling organizations.

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 700002.00 are greater than the Guideline Minimum of 20415.99.

XXX

RATE22J10416

$1,184,000.00

Cleared

Compliance

-96485

Initial Loan Estimate Delivery Date Test (from application)

12/3/2021

12/03/2021 - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.;

12/14/2021

12/14/2021 - This loan passed the initial loan estimate delivery date test (from application).( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.; 12/09/2021 - lease provide Lender Of Record Application date.

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 700002.00 are greater than the Guideline Minimum of 20415.99.

XXX

RATE22J10416

$1,184,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/3/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 700002.00 are greater than the Guideline Minimum of 20415.99.

XXX

RATE22J10416

$1,184,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/3/2021

12/03/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $2,778.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 700002.00 are greater than the Guideline Minimum of 20415.99.

XXX

RATE22J10416

$1,184,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/3/2021

12/03/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($4,779.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 700002.00 are greater than the Guideline Minimum of 20415.99.

XXX

RATE22J10416

$1,184,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/9/2021

12/14/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $914.50.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/09/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $7,557.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/14/2021

12/14/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/14/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $914.50.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/09/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $7,557.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 700002.00 are greater than the Guideline Minimum of 20415.99.

XXX

RATE22J10416

$1,184,000.00

Cleared

Compliance

-96162

Written List of Service Providers Disclosure Date Test

12/9/2021

12/09/2021 - This loan failed the written list of service providers disclosure date test for one or more of the following reasons: ( 12 CFR §1026.19(e)(1)(vi) )The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii).;

12/14/2021

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 700002.00 are greater than the Guideline Minimum of 20415.99.

XXX

RATE22J10417

$656,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/24/2021

11/24/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 07/31/2020, with a release date of 08/04/2020. The appraisal in file is dated 09/10/2021 and shows no damage. Exception is for informational purposes only.

;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 792 is Greater than the Guideline Minimum of 680. ; Borrower 1 has significant job time - Borrower has 6.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 12.00 years ; Borrower has stable job time - Borrower has 6.00 years at job.

XXX

RATE22J10418

$1,040,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/23/2021

11/23/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a Disaster area on 9/5/21 (Remnants of hurricane XXX) with an incident period from 9/1/21 to 9/3/21. Appraisal in file is dated 9/16/21 which is after incident end date and does not reflect any damage. Exception is for informational purposes only.;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

Borrower has more than 2 years at current residence - Borrower at current residence 2.66 years ; Borrower has stable job time - Borrower has 4.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 47.93 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10420

$1,070,000.00

Cleared

Compliance

-99953

TILA Right of Rescission Test

11/12/2021

11/12/2021 - This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.

11/19/2021

11/19/2021 - na ; Audit review of ROR shows that borrower was provided 3 days to rescind. Condition not valid. Condition not valid. Condition cleared. 11/19/2021 - Change status of 'TILA Right of Rescission Test' from Active to Acknowledged by Client.; 11/19/2021 - Change severity of 'TILA Right of Rescission Test' from Material to Non-Material.

Borrower 1 has significant job time - Borrower has 8.08 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.41 years ; Borrower has stable job time - Borrower has 8.08 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 28.76 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10420

$1,070,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/12/2021

11/12/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

11/19/2021

11/19/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10420

$1,070,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/12/2021

11/12/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $0.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

11/19/2021

11/19/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10420

$1,070,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/12/2021

11/19/2021

11/19/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.

XXX

RATE22J10421

$1,136,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 09/17/2021 and shows no damage. Exception is for informational purposes only. ;

12/08/2021

12/08/2021 - The appraisal in file is dated 09/17/2021 and shows no damage. Exception is for informational purposes only. ; 12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 20.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.91 years ; Borrower has stable job time - Borrower has 20.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 62.82 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10421

$1,136,000.00

Cleared

Credit

1258

CoBorrower Employment Verification does not meet guidelines

12/8/2021

12/08/2021 - A third party verification of employment for the co-borrower was not provided.;

12/15/2021

12/15/2021 - Business Entity/License received/reviewed-condition cleared.

XXX

RATE22J10421

$1,136,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

12/6/2021

12/06/2021 - Fraud report shows the following alerts that have not been cleared:Possible match found on Sam.gov;

12/15/2021

12/15/2021 - Alerts from Fraud Report have been cleared. SAM.GOV received/reviewed-condition cleared.

XXX

RATE22J10421

$1,136,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/8/2021

12/08/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q.;

12/15/2021

12/15/2021 - Third party verification of self-employment received/reviewed-condition cleared.

XXX

RATE22J10422

$839,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/16/2021

11/16/2021 - Property is located in a FEMA disaster area with no post disaster inpection. FEMA declared XXX county in a disaster area (hurricane) on 08/20/2020, with no release date provided by FEMA. The appraisal in file is dated 09/24/2021 and shows no damage. Exception is for informational purposes only. ;

11/16/2021

11/16/2021 - Post disaster inspection confirms no property damage

Borrower has more than 2 years at current residence - Borrower at current residence 4.10 years ; Borrower has stable job time - Borrower has 4.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 116.68 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10422

$839,000.00

Cleared

Compliance

-99953

TILA Right of Rescission Test

11/12/2021

11/16/2021 - The funding dated of 10/06/2021 is before the Right to cancel expiration date of 10/08/2021.; 11/12/2021 - This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.

11/19/2021

11/19/2021 - na, Audit review of ROR shows that borrower was provided 3 days to rescind. Condition not valid. 11/19/2021 - Change status of 'TILA Right of Rescission Test' from Active to Acknowledged by Client.; 11/19/2021 - Change severity of 'TILA Right of Rescission Test' from Material to Non-Material.; 11/19/2021 - This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.

XXX

RATE22J10422

$839,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/12/2021

11/16/2021 - Initial Loan Estimate dated 09/XX/2021 reflected Appraisal Fee $930.00 and final Closing Disclosure dated 10/XX/2021 reflected Appraisal fee $1200.00, No evidence of Changed Circumstance to cure 0% tolerance was provided.; 11/12/2021 - Lender increased appraisal fee $930.00 to $1200 and this fee is is not allowed to increase without a Change of Circumstance. ; 11/12/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $270.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

11/19/2021

XXX

RATE22J10426

$695,200.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/2/2021

12/02/2021 - Fema declared XXX county in a diaster area (winter storm) on 2.11.2021, with an incident end date fo 2.21.21. The appraisal in the file is dated 9.21.21 and shows no damage. Exception is for informational purposes only. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 30.88 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 788 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 35.17 months or $149847.47 are greater than the Guideline Minimum of 6.00 or $25563.96. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.10 years ; Borrower has stable job time - Borrower has 4.00 years at job.

XXX

RATE22J10428

$1,012,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

11/29/2021

11/29/2021 - Third Party Valuation Product Not Provided and CU Score is 3.10.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 26.95 months or $132098.90 are greater than the Guideline Minimum of 6.00 or $29413.30. ; Borrower 1 has significant job time - Borrower has 7.67 years on job ; Borrower has stable job time - Borrower has 7.67 years at job.

XXX

RATE22J10428

$1,012,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/29/2021

11/29/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10428

$1,012,000.00

Cleared

Credit

1904

Hazard Insurance Coverage is Not Sufficient

11/29/2021

11/29/2021 - Hazard insurance coverage of 733000.00 is not sufficient. The subject loan amount is 1012000.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXXX.;

12/15/2021

12/15/2021 - Hazard insurance coverage is 733000.00, the subject loan amount is 1012000.00 with the hazard insurance replacement coverage of Yes and estimated replacement value of XXXX.

XXX

RATE22J10428

$1,012,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/29/2021

11/29/2021 - Property is located in a FEMA disaster area with no post disaster inpection. Fire disaster declared 10/17/2020. Appraisal 9/16/2021 which is after the disaster date and shows no damage. Review Complete

;

12/15/2021

12/15/2021 - Post disaster inspection confirms no property damage

XXX

RATE22J10428

$1,012,000.00

Cleared

Compliance

-96585

High-Cost Mortgage Date the Rate Was Set Validation Test

11/30/2021

11/30/2021 - This loan failed the date the rate was set validation test. ( 12 CFR §1026.32(1)(i)(A), (C) )This loan did not provide the date the rate was set, which is required for the High-Cost Mortgage Finding.;

12/16/2021

12/16/2021 - This compliance test 'High-Cost Mortgage Date the Rate Was Set Validation Test' is no longer tested; 12/15/2021 - Rebuttal/docs received/reviewed-condition cleared.

XXX

RATE22J10428

$1,012,000.00

Cleared

Compliance

-96485

Initial Loan Estimate Delivery Date Test (from application)

11/30/2021

11/30/2021 - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.;

12/16/2021

12/16/2021 - This loan passed the initial loan estimate delivery date test (from application).( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.; 12/15/2021 - Rebuttal/docs received/reviewed-condition cleared.

XXX

RATE22J10428

$1,012,000.00

Cleared

Compliance

-96369

Reimbursement Amount Validation Test

11/30/2021

11/30/2021 - This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations.;

12/16/2021

12/16/2021 - This compliance test 'Reimbursement Amount Validation Test' is no longer tested; 12/15/2021 - Rebuttal/docs received/reviewed-condition cleared.

XXX

RATE22J10428

$1,012,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/30/2021

11/30/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/16/2021

12/16/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/15/2021 - Rebuttal/docs received/reviewed-condition cleared.

XXX

RATE22J10428

$1,012,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/30/2021

12/16/2021

12/16/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/16/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $3,547.06.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10428

$1,012,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

11/30/2021

11/30/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($1,272.50) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/16/2021

12/16/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($1,272.50) do not exceed the comparable charges ($1,273.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 12/15/2021 - Rebuttal/docs received/reviewed-condition cleared.

XXX

RATE22J10428

$1,012,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/16/2021

12/16/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $3,547.06.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/16/2021

12/16/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/15/2021 - Rebuttal/docs received/reviewed-condition cleared.

XXX

RATE22J10429

$560,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/17/2021

11/17/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 08/16/2021, with a release date of 08/18/2021. The appraisal in file is dated 09/22/2021 and shows no damage. Exception is for informational purposes only. ;

11/19/2021

11/19/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 26.46 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 792 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 75.89 months or $208035.13 are greater than the Guideline Minimum of 12.00 or $32894.76. ; Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10429

$560,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

11/17/2021

11/17/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $293,590.00. The disclosed finance charge of $293,240.00 is not considered accurate because it is understated by more than $100.;

11/23/2021

11/23/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $293,240.00. The disclosed finance charge of $293,240.00 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.

XXX

RATE22J10434

$954,833.00

Cleared

Compliance

-96585

High-Cost Mortgage Date the Rate Was Set Validation Test

12/7/2021

12/07/2021 - This loan failed the date the rate was set validation test. ( 12 CFR §1026.32(1)(i)(A), (C) )This loan did not provide the date the rate was set, which is required for the High-Cost Mortgage Finding.;

12/14/2021

12/14/2021 - This compliance test 'High-Cost Mortgage Date the Rate Was Set Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 2.08 years ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 876533.58 are greater than the Guideline Minimum of 243337.18.

XXX

RATE22J10434

$954,833.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/7/2021

12/07/2021 - This loan failed the TRID post-consummation reason for redisclosure validation test.This loan contains a post-consummation revised closing disclosure delivery date but does not provide the reason for the redisclosure after consummation. The reason is required in order to audit post-consummation redisclosure timing tests.;

12/14/2021

12/14/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested

XXX

RATE22J10434

$954,833.00

Cleared

Compliance

-96375

TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test

12/7/2021

12/07/2021 - This loan failed the TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount, and a subtotal of all such amounts, the consumer will pay for settlement services for which the consumer cannot shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker.;

12/14/2021

12/14/2021 - This compliance test 'TRID "Section B. Services You Cannot Shop For / Services Borrower Did Not Shop For" Validation Test' is no longer tested

XXX

RATE22J10434

$954,833.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/7/2021

12/07/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10434

$954,833.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/7/2021

12/14/2021

XXX

RATE22J10434

$954,833.00

Cleared

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

12/8/2021

12/08/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 9/XX/2021;

12/14/2021

12/14/2021 - Original PI Payment on Note matches Final CD

XXX

RATE22J10434

$954,833.00

Cleared

Compliance

2353

Evidence of Rate Lock Not Provided

11/22/2021

11/22/2021 - Evidence of Rate Lock Provided; 11/22/2021 - Evidence of Rate Lock Not Provided;

12/14/2021

12/14/2021 - Evidence of Rate Lock received/reviewed - condition cleared.

XXX

RATE22J10436

$576,750.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/2/2021

12/02/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $30.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/02/2021 - Charges increased from original LE;

12/14/2021

12/14/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $200.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/14/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

Borrower 1 has significant job time - Borrower has 14.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 4.58 years ; Borrower has stable job time - Borrower has 14.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 50647.99 are greater than the Guideline Minimum of 0.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10436

$576,750.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/2/2021

12/02/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $30.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/02/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $30.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $30.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/14/2021

12/14/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $30.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $200.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/14/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $30.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.

XXX

RATE22J10439

$1,183,200.00

Cleared

Compliance

3551

ATR/QM Status is Pending

11/11/2021

11/11/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. Insufficient Funds; Required funds to close $320,952.00 - verified funds of $145,680.65 = $145,271.35 short funds. Missing source and receipt of gift funds in the amount of $321,000.00.;

11/23/2021

11/23/2021 - na; 11/23/2021 - The exception 'ATR/QM Status is Pending' is cleared.

Borrower has more than 2 years at current residence - Borrower at current residence 5.60 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 38.87 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10439

$1,183,200.00

Cleared

Credit

3605

Asset Documents are Incomplete

11/16/2021

11/16/2021 - Please provide evidence of Gift funds received as per AUS, missing documentation of transfer of funds.;

11/23/2021

11/23/2021 - Cleared; 11/23/2021 - The exception 'Asset Documents are Incomplete' is cleared.

XXX

RATE22J10440

$580,000.00

Acknowledged

Compliance

-98777

Prohibited Fees Test

11/30/2021

11/30/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

12/02/2021

12/02/2021 - Change status of 'Prohibited Fees Test' from Active to Acknowledged by Client.; 12/02/2021 - Acknowledged

Waiver

Client

Borrower has more than 2 years at current residence - Borrower at current residence 4.10 years ; Borrower has stable job time - Borrower has 5.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 135669.21 are greater than the Guideline Minimum of 6680.21.

XXX

RATE22J10447

$752,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/15/2021

11/15/2021 - Change severity of 'Charges That Cannot Increase Test' from Material to Cleared.charges decrease and are paid by the borrower based on documentation in the file;

12/21/2021

1/05/2022 - Condition is invalid as loan file documentation confirms the charges decreased. 12/21/2021 - Change status of 'Charges That Cannot Increase Test' from Active to Acknowledged by Client.; 12/21/2021 - Acknowledged

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 31.22 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 802 is Greater than the Guideline Minimum of 680. ; Borrower has more than 2 years at current residence - Borrower at current residence 4.00 years

XXX

RATE22J10448

$592,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

11/14/2021

11/14/2021 - Fraud report shows the following alerts that have not been cleared: Watchlist check for Title Insurance UW-Commonwealth. Doc in file on p529 did not indicate if it was the Lender's Watchlist and was dated 8/7/19.;

12/09/2021

12/09/2021 - Cleared; 12/09/2021 - Alerts from Fraud Report have been cleared.; 12/09/2021 - Change severity of 'Fraud Report Shows Uncleared Alerts' from Material to Non-Material.

Borrower 1 has significant job time - Borrower has 18.00 years on job ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 122.50 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10449

$1,523,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfire) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 10/02/2021 and shows no damage. Exception is for informational purposes only.

ion;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Original LTV is Below the Guideline Maximum - Calculated LTV of 68.51 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 68.51 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 816 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 92.60 months or $810984.72 are greater than the Guideline Minimum of 9.00 or $78825.27. ; Borrower 1 has significant job time - Borrower has 37.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 18.33 years ; Borrower has stable job time - Borrower has 37.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10450

$1,147,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/15/2021

11/15/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area on 09/01/2021, with a release date of 09/03/2021. The appraisal in file is dated 07/14/2021 and shows no damage, however the appraisal date is prior to the FEMA release date. The Post Disaster Inspection in file is dated 09/23/2021 and shows no damage. Exception is for informational purposes only. ;

11/16/2021

11/16/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 808 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 60.09 months or $442615.86 are greater than the Guideline Minimum of 18.00 or $132576.90. ; Borrower 1 has significant job time - Borrower has 14.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.33 years ; Borrower has stable job time - Borrower has 14.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10452

$897,622.00

Cleared

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

11/22/2021

11/22/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 10/XX/2021;

12/09/2021

12/09/2021 - Original PI Payment on Note matches Final CD

Borrower has more than 2 years at current residence - Borrower at current residence 3.50 years ; Borrower has stable job time - Borrower has 4.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 73.54 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10453

$670,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/1/2021

12/01/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (earthquake) on 03/12/2020, with a release date of 04/17/2020. The appraisal in file is dated 10/07/2021 and shows no damage. Exception is for informational purposes only.

;

12/02/2021

12/02/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 13.70 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 808 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 53.17 months or $190233.51 are greater than the Guideline Minimum of 6.00 or $21467.68.

XXX

RATE22J10455

$557,000.00

Acknowledged

Compliance

-98777

Prohibited Fees Test

11/25/2021

11/25/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

12/02/2021

12/02/2021 - Change status of 'Prohibited Fees Test' from Active to Acknowledged by Client.; 12/02/2021 - Acknowledged

Waiver

Client

Borrower has more than 2 years at current residence - Borrower at current residence 4.42 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 282.41 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10457

$627,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area. FEMA declared Oklahoma county in a disaster area (severe ice storm) on 02.08.21, with a release date of 02.20.21. The appraisal in file is dated 10.12.21 and shows no damage. Exception is for informational purposes only. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 5.75 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 3.33 years ; Borrower has stable job time - Borrower has 5.75 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 54.04 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10458

$1,036,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/9/2021

11/09/2021 - Property is located in a FEMA disaster area with no post disaster inpection. FEMA declared XXX county in a disaster area (hurricane) on 08/31/2021, with a release date of 09/05/2021. The appraisal in file is dated 09/30/2021and shows no damage. Exception is for informational purposes only. ;

11/16/2021

11/16/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 786 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 71.86 months or $446039.53 are greater than the Guideline Minimum of 12.00 or $74484.52. ; Borrower has more than 2 years at current residence - Borrower at current residence 18.00 years

XXX

RATE22J10466

$1,312,000.00

Cleared

Compliance

-98542

Prohibited Fees Test

12/7/2021

12/07/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

12/15/2021

12/15/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.

Borrower has more than 2 years at current residence - Borrower at current residence 4.00 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 37.34 are greater than the Guideline Minimum of 18.00.

XXX

RATE22J10468

$665,000.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

12/1/2021

12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Non-Material to Material.; 12/08/2021 - na; 12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Material to Non-Material.; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.; 12/01/2021 - The home loan toolket is Missing;

12/8/2021

12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Non-Material to Material.; 12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Material to Non-Material.;

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 28.88 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 796 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 66.63 months or $308940.00 are greater than the Guideline Minimum of 6.00 or $27817.86. ; Borrower has stable job time - Borrower has 2.17 years at job.

XXX

RATE22J10468

$665,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

12/1/2021

12/01/2021 - Fraud report shows the following alerts that have not been cleared: BORROWER IS NOT SELF EMPLOYED AND EMPLOYER ADDRESS IS A RESIDENTIAL PROPERTY. ;

12/15/2021

12/15/2021 - Received clear fraud report, condition cleared. ; 12/15/2021 - Alerts from Fraud Report have been cleared.

XXX

RATE22J10469

$611,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

11/22/2021

11/22/2021 - Hazard insurance coverage of 306900.00 is not sufficent. The subject loan amount is 611000.00 and estimated replacement value from insurance company was not provided.;

12/14/2021

12/14/2021 - na; 12/14/2021 - Hazard insurance coverage is sufficient.

Borrower 1 has significant job time - Borrower has 7.00 years on job ; Borrower has stable job time - Borrower has 7.00 years at job.

XXX

RATE22J10469

$611,000.00

Cleared

Credit

951

Condo Approval Missing

11/22/2021

11/22/2021 - Missing Attached PUD approval.;

12/22/2021

12/22/2021 - na; 12/22/2021 - Condo approval indicator is Present; 12/21/2021 - Condo approval indicator is Missing; 12/14/2021 - Per the Fannie Mae Selling Guide, attached PUD's must meet the same requirements as a Condo. Missing documentation confirming the Attached PUD meets Fannie Mae's Eligibility Requirements (ie project review, etc.).

Borrower 1 has significant job time - Borrower has 7.00 years on job ; Borrower has stable job time - Borrower has 7.00 years at job.

XXX

RATE22J10471

$1,235,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/19/2021

11/19/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area (Severe Winter Storms) on 2/11/21 with a release date of 2/21/21. Appraisal in file dated 9/23/21 did not reflect any damage. Exception is for informational purposes only.;

11/19/2021

11/19/2021 - Post disaster inspection confirms no property damage

Borrower has more than 2 years at current residence - Borrower at current residence 2.50 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 71.32 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10473

$1,360,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

11/23/2021

11/23/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/14/2021

12/14/2021 - CDA not required when CU score is 2.5 or less. Condition cleared.; 12/14/2021 - Third Party Valuation Product Provided

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 14.20 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 777 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 130.95 months or $834346.71 are greater than the Guideline Minimum of 6.00 or $38229.06. ; Borrower 1 has significant job time - Borrower has 20.00 years on job ; Borrower has stable job time - Borrower has 20.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10476

$1,068,000.00

Cleared

Credit

1434

Hazard Insurance Effective Date is after the Note Date

12/6/2021

12/06/2021 - The hazard insurance effective date of 10/22/2021 is after the disbursement date of 10/XX/2021;

12/15/2021

12/15/2021 - The lender provided a revised HOI dec page indicating effective date on or prior to the disbursement date. Condition cleared.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 791 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 62.09 months or $334833.76 are greater than the Guideline Minimum of 18.00 or $97076.19. ; Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 8.50 years ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10476

$1,068,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

11/15/2021

11/15/2021 - Hazard insurance coverage of $422,000 is not sufficent. The subject loan amount is $1,068,000.00 estimated replacement value from insurance company was not provided.;

12/15/2021

12/15/2021 - Hazard insurance coverage is sufficient, declaration indicates minimum rebuild cost. Condition cleared.

XXX

RATE22J10478

$821,760.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/6/2021

12/15/2021

Borrower has stable job time - Borrower has 4.00 years at job.

XXX

RATE22J10478

$821,760.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/6/2021

12/06/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $143.17, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $150.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/15/2021

Borrower has stable job time - Borrower has 4.00 years at job.

XXX

RATE22J10481

$799,500.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

11/24/2021

11/24/2021 - The security instrument indicator is Missing;

12/14/2021

12/14/2021 - The security instrument received/reviewed - condition cleared,

Original LTV is Below the Guideline Maximum - Calculated LTV of 53.84 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 53.84 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 759 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 109.69 months or $471816.82 are greater than the Guideline Minimum of 6.00 or $25808.44. ; Borrower 1 has significant job time - Borrower has 24.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 21.50 years ; Borrower has stable job time - Borrower has 22.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10481

$799,500.00

Cleared

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

11/30/2021

12/07/2021 - Change severity of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Non-Material to Material.; 12/07/2021 - Invalid finding, loan amount changed on final CD, payment on final CD matches Note; 12/07/2021 - Change status of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Active to Acknowledged by Client.; 11/30/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 10/XX/2021; 11/30/2021 - Change severity of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Material to Non-Material.; 11/30/2021 - Rate locked. COC on file;

12/14/2021

12/14/2021 - Original PI Payment on Note matches Final CD; 12/14/2021 - Original PI Payment on Note matches Final CD;

From Hard Coded form in template:;

'Closing Disclosure' at 10/XX/2021

XXX

RATE22J10482

$663,200.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/23/2021

11/23/2021 - Property is located in a FEMA disaster area. FEMA declared XXX County in a disaster area (Severe Storms, Flooding, and Tornadoes) on 6/25/21 with a release date of 6/26/21. Appraisal in file dated 10/14/21 does not reflect any damage. Exception is for informational purposes only.;

11/24/2021

11/24/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 13.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 14.00 years ; Borrower has stable job time - Borrower has 13.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10485

$1,365,000.00

Cleared

Compliance

-99953

TILA Right of Rescission Test

11/15/2021

11/16/2021 - This loan passed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is not before the third business day following consummation.

The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last.; 11/15/2021 - This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.

12/15/2021

The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last.; 12/15/2021 - This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.

Borrower 1 has significant job time - Borrower has 6.80 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 3.10 years ; Borrower has stable job time - Borrower has 6.80 years at job.

XXX

RATE22J10485

$1,365,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

11/15/2021

11/16/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 11/15/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/15/2021 - Exception cleared.

XXX

RATE22J10485

$1,365,000.00

Acknowledged

Compliance

-96366

Charges That Cannot Increase Test

11/15/2021

11/16/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $120.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 11/15/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 11/15/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $150.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/15/2021

12/15/2021 - Change status of 'Charges That Cannot Increase Test' from Active to Acknowledged by Client.; 12/15/2021 - Change severity of 'Charges That Cannot Increase Test' from Material to Non-Material.; 12/15/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $270.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/15/2021 - Exception N/A. Lender reimbursed $420 to borrower on PCCD dated 12/12/2021.

Waiver

Client

XXX

RATE22J10485

$1,365,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

11/15/2021

11/16/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $120.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/16/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/15/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $1,148.60.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 11/15/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $998.60.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/15/2021

XXX

RATE22J10485

$1,365,000.00

Cleared

Credit

1904

Hazard Insurance Coverage is Not Sufficient

11/15/2021

11/15/2021 - Hazard insurance coverage of 550000.00 is not sufficient. The subject loan amount is 1365000.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXX.; 11/15/2021 - Hazard insurance coverage is 550000.00, the subject loan amount is 1365000.00 with the hazard insurance replacement coverage of Yes and estimated replacement value of XXXX.;

12/15/2021

12/15/2021 - Hazard insurance coverage is 550000.00, the subject loan amount is 1365000.00 with the hazard insurance replacement coverage of Yes and estimated replacement value of XXX.

XXX

RATE22J10487

$1,032,500.00

Cleared

Credit

1247

AUS is Missing

11/21/2021

11/21/2021 - The AUS is Missing;

12/15/2021

12/15/2021 - The AUS is received.

Original LTV is Below the Guideline Maximum - Calculated LTV of 70.00 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 70.00 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 776 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 408.99 months or $2752835.86 are greater than the Guideline Minimum of 12.00 or $80770.56. ; Borrower has stable job time - Borrower has 5.00 years at job.

XXX

RATE22J10487

$1,032,500.00

Cleared

Property

3522

Appraiser's License was Inactive at time of origination

11/22/2021

11/22/2021 - Appraiser's License was Inactive at time of origination.;

12/15/2021

12/15/2021 - Appraiser license received/reviewed-condition cleared.

XXX

RATE22J10488

$697,622.00

Cleared

Credit

1247

AUS is Missing

12/7/2021

12/07/2021 - The AUS is Missing;

12/14/2021

12/14/2021 - The AUS is received.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 17.72 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 774 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 56.48 months or $210256.50 are greater than the Guideline Minimum of 6.00 or $22336.84.

XXX

RATE22J10488

$697,622.00

Cleared

Credit

1257

Borrower Employment Verification does not meet guidelines

12/7/2021

12/07/2021 - Discrepancy: VOE in file pg 429 for B1 - XXX for previous employer XXX did not verify end period for employment. VOE for new employer XXX on pg 430 verified start date of 4/12/2021. Unable to determine if there was a GAP in employment that should have been addressed. Note Application on page 30 did reference the end date with previous employer of 4/9/2021 but this information was not verified.;

12/14/2021

12/14/2021 - The end date of the borrower's previous employment was provided, no gap over 30 days present. Condition cleared.

XXX

RATE22J10489

$1,120,513.00

Cleared

Credit

1434

Hazard Insurance Effective Date is after the Note Date

11/29/2021

11/29/2021 - The note date is 10/XX/2021. The hazard insuance effective date reflects 10/22/2021 per the declaration page which is after the note date. A revised declaration page is needed. ;

12/06/2021

12/06/2021 - The exception 'Hazard Insurance Effective Date is after the Note Date' is cleared.

XXX

RATE22J10491

$1,128,489.00

Cleared

Compliance

-99349

TILA Finance Charge Test

11/18/2021

12/06/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $617,689.44. The disclosed finance charge of $617,021.59 is not considered accurate because it is understated by more than $100.; 11/18/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $617,669.44. The disclosed finance charge of $617,021.59 is not considered accurate because it is understated by more than $100.;

12/09/2021

12/09/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $616,769.09. The disclosed finance charge of $617,021.59 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.

Borrower 1 has significant job time - Borrower has 13.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 8.00 years ; Borrower has stable job time - Borrower has 13.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 68.15 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10492

$940,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/1/2021

12/01/2021 - Property is located in a FEMA disaster area with no post disaster inpection. Disaster declared 08/24/2020 Hurricane and 2/14/2021 Severe Ice. Appraisal completed 10/14/2021 which is after both disasters and shows no damage. Exception is for informational purposes only. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 28.56 months or $171764.18 are greater than the Guideline Minimum of 6.00 or $36085.53. ; Borrower 1 has significant job time - Borrower has 17.33 years on job ; Borrower has stable job time - Borrower has 17.33 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10492

$940,000.00

Cleared

Credit

1904

Hazard Insurance Coverage is Not Sufficient

12/1/2021

12/01/2021 - Hazard insurance coverage of 672000.00 is not sufficient. The subject loan amount is 940000.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXXX.;

12/14/2021

12/14/2021 - Hazard insurance coverage is 672000.00, the subject loan amount is 940000.00 with the hazard insurance replacement coverage of Yes and estimated replacement value of XXXX.

XXX

RATE22J10494

$848,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

11/17/2021

11/17/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (earthquakes) on 03/18/2020, with a release date of 04/17/2020. The appraisal in file is dated 10/18/2021 and shows no damage. Exception is for informational purposes only. ;

11/19/2021

11/19/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 19.17 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 797 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 65.39 months or $257748.42 are greater than the Guideline Minimum of 6.00 or $23648.53. ; Borrower has stable job time - Borrower has 5.00 years at job.

XXX

RATE22J10495

$1,240,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/2/2021

12/02/2021 - Third Party Valuation Product Not Provided and CU Score is 2.60.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 25.14 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 749 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 39.26 months or $293781.86 are greater than the Guideline Minimum of 12.00 or $89787.20. ; Borrower 1 has significant job time - Borrower has 17.00 years on job ; Borrower has stable job time - Borrower has 17.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10495

$1,240,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/2/2021

12/02/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10495

$1,240,000.00

Acknowledged

Compliance

-96387

TRID Disclosure Delivery and Receipt Date Validation Test

12/2/2021

12/02/2021 - This loan failed the TRID disclosure delivery and receipt date validation test due to one of the following findings:The Revised Loan Estimate Receipt Date is before Revised Loan Estimate Delivery Date; orThe Initial Closing Disclosure Receipt Date is before Initial Closing Disclosure Delivery Date; orThe Revised Closing Disclosure Receipt Date is before Revised Closing Disclosure Delivery Date.;

12/14/2021

12/14/2021 - Change status of 'TRID Disclosure Delivery and Receipt Date Validation Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'TRID Disclosure Delivery and Receipt Date Validation Test' from Material to Non-Material.;

Waiver

Client

XXX

RATE22J10495

$1,240,000.00

Cleared

Credit

1247

AUS is Missing

12/2/2021

12/02/2021 - The AUS is Missing;

12/15/2021

12/15/2021 - The AUS is received.

XXX

RATE22J10496

$699,000.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

12/6/2021

12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.; 12/08/2021 - Acknowledged; 12/06/2021 - The home loan toolket is Missing;

12/8/2021

12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Non-Material to Material.; 12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Material to Non-Material.;

Waiver

Client

Borrower has more than 2 years at current residence - Borrower at current residence 6.50 years ; Borrower has stable job time - Borrower has 4.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 47024.24 are greater than the Guideline Minimum of 24481.86.

XXX

RATE22J10497

$738,800.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - Property is located in a FEMA disaster area and a post disaster inpection is in file. . FEMA declared XXX county in a disaster area (Hurricane) on 06/01/2021, with a release date of 09/03/2021 The appraisal in file is dated 08/27/2021 and shows no damage, however the appraisal date is prior to the FEMA release date. Exception is for informational purposes only.

;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 12.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.01 years ; Borrower has stable job time - Borrower has 12.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 21.63 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10497

$738,800.00

Cleared

Compliance

-97466

Home Loan

12/7/2021

12/07/2021 - Home Loan (NY SB 8143 Section 5, 1(d))

12/21/2021

12/21/2021 - Change status of 'Home Loan' from Active to Acknowledged by Client.; 12/21/2021 - Acknowledged

Waiver

Client

XXX

RATE22J10498

$1,376,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/7/2021

12/07/2021 - Third Party Valuation Product Not Provided and CU Score is 4.40.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

Borrower 1 has significant job time - Borrower has 6.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 4.33 years ; Borrower has stable job time - Borrower has 4.00 years at job.

XXX

RATE22J10498

$1,376,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/7/2021

12/07/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10498

$1,376,000.00

Cleared

Credit

1257

Borrower Employment Verification does not meet guidelines

12/7/2021

12/07/2021 - File is missing VVOE for B1 required within 10 days of Note Date.;

12/14/2021

12/14/2021 - Employment verification was provided, condition cleared.

XXX

RATE22J10498

$1,376,000.00

Cleared

Credit

1261

Borrower Income Verification does not match Approval

12/7/2021

12/07/2021 - Discrepancy: Business income considered for B1 from 1120S returns 2020-2019 could not be validated based on this review. Borrower reflects less than 25% ownership in the business (2020 11%; 2019 5% - pg 398;406);

12/14/2021

12/14/2021 - The borrower income verification does match approval

XXX

RATE22J10498

$1,376,000.00

Cleared

Credit

1427

LTV Exceeds AUS Maximum Allowable

12/7/2021

12/07/2021 - The original LTV of 82.15 exceeds the maximum allowable per AUS of 80.00;

12/14/2021

12/14/2021 - The original LTV of 80.00 is not greater than the maximum allowable per AUS of 80.00; 12/09/2021 - The original LTV of 83.39 exceeds the maximum allowable per AUS of 80.00; 12/09/2021 - The original LTV of 0.00 is not greater than the maximum allowable per AUS of 80.00

XXX

RATE22J10498

$1,376,000.00

Cleared

Credit

1428

CLTV Exceeds the AUS Maximum Allowable

12/7/2021

12/07/2021 - The original CLTV of 82.15 exceeds maximum allowable per AUS of 80.00;

12/14/2021

12/14/2021 - The original CLTV of 80.00 is not greater than the maximum allowable per AUS of 80.00; 12/09/2021 - The original CLTV of 83.39 exceeds maximum allowable per AUS of 80.00; 12/09/2021 - The original CLTV of 0.00 is not greater than the maximum allowable per AUS of 80.00

XXX

RATE22J10498

$1,376,000.00

Cleared

Credit

3420

DTI Exceeds AUS Maximum Allowable

12/7/2021

12/07/2021 - The back-end DTI of 35.76 (Total Income of 49919.21, Orig PITI of 8487.59, Monthly debt of 9361.53) exceeds the maximum allowable per AUS of 28.03; 12/07/2021 - The back-end DTI of 18.75 (Total Income of 49919.21, Orig PITI of 8487.59, Monthly debt of 874.00) is not greater than the maximum allowable per AUS of 28.03; 12/07/2021 - The back-end DTI of 14.40 (Total Income of 65000.01, Orig PITI of 8487.59, Monthly debt of 874.00) is not greater than the maximum allowable per AUS of 28.03; 12/07/2021 - The back-end DTI of 43.21 (Total Income of 21666.67, Orig PITI of 8487.59, Monthly debt of 874.00) exceeds the maximum allowable per AUS of 28.03;

12/14/2021

12/14/2021 - The back-end DTI of 18.75 (Total Income of 49919.21, Orig PITI of 8487.59, Monthly debt of 874.00) is not greater than the maximum allowable per AUS of 28.03

XXX

RATE22J10498

$1,376,000.00

Cleared

Credit

3581

Profit and Loss Does Not Meet Guidelines

12/7/2021

12/07/2021 - Profit and Loss Does Not meet Guideline requirement - P&L was not provided in loan file.;

12/14/2021

12/14/2021 - The P&L is not required, condition cleared.

XXX

RATE22J10498

$1,376,000.00

Cleared

Credit

2571

Final Loan Application is Partial

12/7/2021

12/07/2021 - Final Loan Application is Partial;

12/16/2021

12/16/2021 - The final 1003 provided does include the co-borrower's information. Condition cleared.; 12/16/2021 - Final Loan Application is Present; 12/14/2021 - The lender provided a final 1003, however, it does not include the co-borrower’s portion. Condition remains

XXX

RATE22J10499

$1,365,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/2/2021

12/02/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 27.67 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 70.00 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 70.00 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 780 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 26.50 months or $233477.48 are greater than the Guideline Minimum of 12.00 or $105732.84. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.08 years ; Borrower has stable job time - Borrower has 2.75 years at job.

XXX

RATE22J10499

$1,365,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/2/2021

12/02/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 9/5/2021, incident occurred on 9/1/2021. The appraisal in file is dated 8/18/2021, a post disaster inspection is required.;

12/14/2021

12/14/2021 - cleared; 12/14/2021 - Cleared as Condo is on 5th floor. ; 12/14/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.

Waiver

Client

XXX

RATE22J10499

$1,365,000.00

Cleared

Property

2957

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

12/2/2021

12/02/2021 - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection;

12/14/2021

12/14/2021 - na; 12/14/2021 - Change status of 'Property located in FEMA Declared Disaster Area with no subsequent Property Inspection' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Property located in FEMA Declared Disaster Area with no subsequent Property Inspection' from Material to Non-Material.

Waiver

Client

XXX

RATE22J10499

$1,365,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

12/2/2021

12/02/2021 - Hazard insurance coverage of 400000.00 is not sufficent. The subject loan amount is 1365000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/14/2021

12/14/2021 - na; 12/14/2021 - Hazard insurance coverage is sufficient.

XXX

RATE22J10499

$1,365,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/2/2021

12/02/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. Missing bank statements.;

12/20/2021

12/20/2021 - Rebuttal received/reviewed - conditions cleared.

XXX

RATE22J10499

$1,365,000.00

Cleared

Credit

3605

Asset Documents are Incomplete

12/2/2021

12/02/2021 - Asset Documents are Incomplete: Missing the September bank statements for the accounts wwith XXX ending XXX and XXX ending XXX.;

12/20/2021

12/20/2021 - Rebuttal received/reviewed -condition cleared. ; 12/14/2021 - Guidelines under Asset Section indicate "Most Recent" 2 full Months are required. September statements for each account would have been available prior to Note Date.; 12/14/2021 - Change status of 'Asset Documents are Incomplete' from Active to Rejected by Client.

XXX

RATE22J10501

$1,126,000.00

Cleared

Compliance

-96391

TRID Consummation Date and Closing / Settlement Date Validation Test

12/6/2021

12/06/2021 - This loan failed the TRID consummation date and closing / settlement date validation test. This loan did not provide the consummation date or the closing / settlement date, which is required for the auditing the following timing tests:Initial Loan Estimate Delivery Date Test (prior to consummation);Revised Loan Estimate Delivery Date Test (prior to consummation);Initial Closing Disclosure Date Test;Revised Closing Disclosure Date Test (No Waiting Period Required);Revised Closing Disclosure Date Test (Waiting Period Required);Reimbursement Date Test;Post-Consummation Event and Revised Closing Disclosure Delivery Date Test;Non-Numeric Clerical Error and Post-Consummation Revised Closing Disclosure Delivery Date Test; andPost-Consummation Cure Reimbursement and Revised Closing Disclosure Delivery Date Test.;

12/15/2021

12/15/2021 - This compliance test 'TRID Consummation Date and Closing / Settlement Date Validation Test' is no longer tested

Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10501

$1,126,000.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/6/2021

12/06/2021 - This loan failed the TRID post-consummation reason for redisclosure validation test.This loan contains a post-consummation revised closing disclosure delivery date but does not provide the reason for the redisclosure after consummation. The reason is required in order to audit post-consummation redisclosure timing tests.;

12/15/2021

12/15/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested

Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10501

$1,126,000.00

Cleared

Compliance

-96162

Written List of Service Providers Disclosure Date Test

12/6/2021

12/06/2021 - This loan failed the written list of service providers disclosure date test for one or more of the following reasons: ( 12 CFR §1026.19(e)(1)(vi) )The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii).;

12/15/2021

Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10501

$1,126,000.00

Cleared

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

12/6/2021

12/06/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 5/XX/2021;

12/15/2021

12/15/2021 - Original PI Payment on Note matches Final CD

Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10501

$1,126,000.00

Cleared

Credit

2543

Appraisal date is greater than 120 days from Origination date.

12/5/2021

12/05/2021 - Appraisal dated 5/XX/2021 is greater than 120 days from Note date of 9/XX/2021.;

12/15/2021

12/15/2021 - Appraisal date is within 120 days of Note date. A re-cert of value was provided, condition cleared.

Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10501

$1,126,000.00

Cleared

Property

3437

Third Party Valuation Product Not Provided and FHLMC Collateral Rep & Warrant Relief is Not Eligible or Unavailable.

12/15/2021

12/15/2021 - Third Party Valuation Product Not Provided and FHLMC Collateral Rep & Warrant Relief is Not Eligible.;

12/15/2021

12/15/2021 - Third Party Valuation Product Provided.

Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10501

$1,126,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

12/5/2021

12/05/2021 - Hazard insurance coverage of 689000.00 is not sufficent. The subject loan amount is 1126000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/15/2021

12/15/2021 - Hazard insurance coverage is sufficient, declaration indicates minimum rebuild cost. Condition cleared.

Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10502

$614,400.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

12/8/2021

12/08/2021 - The home loan toolket is Missing;

12/08/2021

12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.

Waiver

Client

Borrower has stable job time - Borrower has 5.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 238015.27 are greater than the Guideline Minimum of 15160.38.

XXX

RATE22J10502

$614,400.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/14/2021

01/06/2022 - This loan passed the charges that cannot increase test. (12 CFR Â§1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to Â§1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to Â§1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under Â§1026.19(e)(1)(i).12/14/2021 - Change status of 'Charges That Cannot Increase Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Charges That Cannot Increase Test' from Material to Non-Material.;

XXX

RATE22J10502

$614,400.00

Cleared

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

12/8/2021

12/08/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 10/XX/2021, 'Closing Disclosure' at 10/XX/2021;

12/14/2021

01/06/2022 - Original PI Payment on Note matches Final CD 12/14/2021 - na; 12/14/2021 - Change status of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Material to Non-Material.

XXX

RATE22J10503

$632,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

12/2/2021

12/02/2021 - Hazard insurance coverage of 553000.00 is not sufficent. The subject loan amount is 632000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/14/2021

12/14/2021 - Hazard insurance coverage is sufficient.

Borrower 1 has significant job time - Borrower has 15.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 8.00 years ; Borrower has stable job time - Borrower has 15.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10506

$1,034,749.00

Cleared

Credit

1245

Transmittal Summary is Missing

12/6/2021

12/06/2021 - The transmittal summary is Missing;

12/09/2021

12/09/2021 - Finding remains as a Third party DAIR is required. ; 12/09/2021 - na; 12/09/2021 - The transmittal summary is Not Applicable

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 22.49 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 773 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 69.72 months or $389918.15 are greater than the Guideline Minimum of 12.00 or $67113.12. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.75 years

XXX

RATE22J10506

$1,034,749.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/6/2021

12/06/2021 - Property has a post disaster inspection. ; 12/06/2021 - Property is located in a FEMA disaster area with no post disaster inpection;

12/21/2021

12/21/2021 - acknowledged; 12/21/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/21/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.; 12/20/2021 - Rebuttal received stating disaster inspection was upladed on 12/15, document not received - condition remains. ; 12/09/2021 - Finding remains as a Third party disaster inspection is required.

Waiver

Client

XXX

RATE22J10509

$621,600.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - FEMA declared XXX county in a disaster area (Severe Ice Storm) on 02/11/2021, with a release date of 02/21/2021. The appraisal in file is dated 08/30/2021 and shows no damage. Exception is for informational purposes only.

;

12/08/2021

12/08/2021 - The appraisal in file is dated 08/30/2021 and shows no damage. Exception is for informational purposes only. ;

; 12/08/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 783 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 36.69 months or $143119.16 are greater than the Guideline Minimum of 6.00 or $23404.78. ; Borrower has more than 2 years at current residence - Borrower at current residence 2.10 years ; Borrower has stable job time - Borrower has 3.40 years at job.

XXX

RATE22J10510

$1,000,000.00

Cleared

Credit

2578

Housing history does not meet guidelines

12/6/2021

12/06/2021 - Housing history was not provided with the loan application;

12/14/2021

12/14/2021 - Housing delinquency meets guidelines.

Original LTV is Below the Guideline Maximum - Calculated LTV of 72.73 is less than Guideline LTV of 89.99. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 72.73 is less than Guideline CLTV of 89.99. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 777 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 30.10 months or $187662.40 are greater than the Guideline Minimum of 6.00 or $37401.62.

XXX

RATE22J10512

$1,008,000.00

Cleared

Credit

3606

HMDA Data Tape Not Provided

12/6/2021

12/06/2021 - HMDA data tape not provided.;

12/08/2021

12/08/2021 - HMDA data tape provided.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 758 is Greater than the Guideline Minimum of 720. ; Borrower 1 has significant job time - Borrower has 22.00 years on job ; Borrower has stable job time - Borrower has 22.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10512

$1,008,000.00

Acknowledged

Compliance

-98659

Prohibited Fees First Lien Test

12/6/2021

12/06/2021 - This loan failed the first lien prohibited fees test. (MRS § 408.052 1.)

The loan has fees that are prohibited for this license type.

No lender shall charge, require, or receive any points or other fees of any nature whatsoever, except insurance and a 1% origination fee, whether from the buyer or the seller or any other person, except that the lender may charge bona fide expenses paid by the lender to any other person or entity for services actually performed in connection with a loan. In addition, if the loan is for the construction or improvement of residential real estate, the lender may charge a fee not to exceed 1% of the loan amount for inspection and disbursement of the proceeds of the loan to third parties.

This means that fees are prohibited unless specifically allowed (as described above). Some fees may be considered prohibited compensation to the lender unless the "Compensation To" fields indicate otherwise.;

12/14/2021

12/14/2021 - Change status of 'Prohibited Fees First Lien Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Prohibited Fees First Lien Test' from Material to Non-Material.;

XXX

RATE22J10512

$1,008,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/6/2021

12/14/2021

XXX

RATE22J10514

$843,567.00

Cleared

Compliance

-99944

Late Fees Test

12/9/2021

12/09/2021 - This loan failed the late fees test.The loan has late fees that do not conform to the requirements for the lender's license type in the state where the property is located.PLEASE NOTE: Certain states impose a late charge restriction that requires a comparison of the late fees charge, expressed either as a percentage or a dollar amount, or as both. In cases where the user provided data does not contain the required data point, ComplianceAnalyzer^® will calculate the required data point from the late charge value entered by the user, and for such purpose will use the system's calculation of the scheduled monthly payment amount. Such data point calculations are an estimate based on the user provided data, and may not reflect the actual late charge threshold on an irregular payment, or if the maximum permitted late charge is based on the amount of the scheduled payment that is outstanding and not the entire scheduled payment.;

12/14/2021

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 17.85 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 807 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 46.45 months or $289988.32 are greater than the Guideline Minimum of 6.00 or $37454.98. ; Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 3.10 years ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10514

$843,567.00

Cleared

Compliance

-96369

Reimbursement Amount Validation Test

12/9/2021

12/09/2021 - This loan failed the reimbursement amount validation test.The loan failed one or more tolerance tests and did not provide a reimbursement amount. This information is necessary in order to correctly perform reimbursement calculations.;

12/14/2021

12/14/2021 - This compliance test 'Reimbursement Amount Validation Test' is no longer tested

XXX

RATE22J10514

$843,567.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/9/2021

12/09/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10514

$843,567.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/9/2021

12/09/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $228.40.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

XXX

RATE22J10514

$843,567.00

Cleared

Credit

3582

Balance Sheet Does Not Meet Guidelines

12/8/2021

12/08/2021 - Balance Sheet Does Not Meet Guideline the balance sheet has not been provided.;

12/14/2021

12/14/2021 - na; 12/14/2021 - The exception 'Balance Sheet Does Not Meet Guidelines' is cleared.

XXX

RATE22J10514

$843,567.00

Cleared

Compliance

-99953

TILA Right of Rescission Test

12/9/2021

12/09/2021 - This loan failed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is before the third business day following consummation.

12/15/2021

The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last.; 12/14/2021 - Change status of 'TILA Right of Rescission Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'TILA Right of Rescission Test' from Material to Non-Material.; 12/14/2021 - Cleared

XXX

RATE22J10514

$843,567.00

Cleared

Compliance

-96585

High-Cost Mortgage Date the Rate Was Set Validation Test

12/9/2021

12/09/2021 - This loan failed the date the rate was set validation test. ( 12 CFR §1026.32(1)(i)(A), (C) )This loan did not provide the date the rate was set, which is required for the High-Cost Mortgage Finding.;

12/15/2021

12/15/2021 - This compliance test 'High-Cost Mortgage Date the Rate Was Set Validation Test' is no longer tested

XXX

RATE22J10514

$843,567.00

Cleared

Compliance

2353

Evidence of Rate Lock Not Provided

12/8/2021

12/08/2021 - Evidence of Rate Lock Not Provided;

12/15/2021

12/15/2021 - Evidence of Rate Lock Provided. Rate lock was in file. Cleared.

XXX

RATE22J10514

$843,567.00

Cleared

Credit

1257

Borrower Employment Verification does not meet guidelines

12/8/2021

12/08/2021 - The file is missing the P&L and balance sheet per required.;

12/20/2021

12/20/2021 - Co Borrower <25% SE and income not used to qualify. ; 12/20/2021 - The exception 'Borrower Employment Verification does not meet guidelines' is cleared.

XXX

RATE22J10514

$843,567.00

Cleared

Credit

3581

Profit and Loss Does Not Meet Guidelines

12/8/2021

12/08/2021 - Profit and Loss Does Not Meet Guidelines per guidelines a p&l is required and is missing from the file.;

12/20/2021

12/20/2021 - Co Borrower <25% SE and income not used. P&L and Balance Sheet not required.; 12/20/2021 - The exception 'Profit and Loss Does Not Meet Guidelines' is cleared.

XXX

RATE22J10516

$845,000.00

Acknowledged

Compliance

-99944

Late Fees Test

12/8/2021

12/08/2021 - Change status of 'Late Fees Test' from Active to Acknowledged by Client.;

Waiver

Client

Borrower 1 has significant job time - Borrower has 25.00 years on job ; Borrower has stable job time - Borrower has 25.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10516

$845,000.00

Acknowledged

Credit

3606

HMDA Data Tape Not Provided

12/7/2021

12/08/2021 - Change status of 'HMDA Data Tape Not Provided' from Active to Acknowledged by Client.; 12/08/2021 - na; 12/08/2021 - Change severity of 'HMDA Data Tape Not Provided' from Material to Non-Material.; 12/07/2021 - HMDA data tape not provided.;

12/8/2021

12/08/2021 - Change severity of 'HMDA Data Tape Not Provided' from Material to Non-Material.

Waiver

Client

XXX

RATE22J10517

$940,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/3/2021

12/03/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $100.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/03/2021 - Lender added a fee of $100.00 without a valid Change of Circumstance form.;

12/14/2021

Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.42 years ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10518

$725,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/3/2021

12/03/2021 - Property is located in a FEMA disaster area with no post disaster inpection. Disaster decleared Fire/ 10/24/2019, 8/18/2020 and 9/27/2020. Apprasial dated 9/27/2021 and shows not damage. Exceptin is for informational purposed only. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 20.17 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 8.08 years ; Borrower has stable job time - Borrower has 20.17 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 949377.85 are greater than the Guideline Minimum of 12967.26. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10518

$725,000.00

Cleared

Credit

1904

Hazard Insurance Coverage is Not Sufficient

12/3/2021

12/03/2021 - Hazard insurance coverage of 447000.00 is not sufficient. The subject loan amount is 725000.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXXX.;

12/09/2021

12/09/2021 - Hazard insurance coverage is 447000.00, the subject loan amount is 725000.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXX.

XXX

RATE22J10518

$725,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/3/2021

12/03/2021 - Third Party Valuation Product Not Provided and CU Score is 3.30.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

XXX

RATE22J10518

$725,000.00

Cleared

Property

3437

Third Party Valuation Product Not Provided and FHLMC Collateral Rep & Warrant Relief is Not Eligible or Unavailable.

12/3/2021

12/03/2021 - Third Party Valuation Product Not Provided and FHLMC Collateral Rep & Warrant Relief is Not Eligible.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

XXX

RATE22J10518

$725,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/3/2021

12/03/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10518

$725,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/14/2021

12/14/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10518

$725,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/14/2021

XXX

RATE22J10518

$725,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/14/2021

12/14/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($800.00) exceed the comparable charges ($376.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

XXX

RATE22J10518

$725,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/14/2021

XXX

RATE22J10518

$725,000.00

Cleared

Compliance

-96268

TRID Total of Payments Test

12/14/2021

12/14/2021 - This loan failed the TRID total of payments test. ( 12 CFR §1026.38(o)(1) )The total of payments is $1,090,726.44. The disclosed total of payments of $1,090,476.44 is not considered accurate because it is understated by more than $100.;

12/14/2021

12/14/2021 - This loan passed the TRID total of payments test. ( 12 CFR §1026.38(o)(1) )The total of payments is $1,090,171.19. The disclosed total of payments of $1,090,476.44 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.

XXX

RATE22J10520

$960,000.00

Cleared

Credit

2578

Housing history does not meet guidelines

12/7/2021

12/07/2021 - Housing history was not provided with the loan file;

12/15/2021

12/15/2021 - Housing delinquency meets guidelines.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 806 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10520

$960,000.00

Cleared

Credit

2587

Borrower Income Verification is less than 12 months

12/7/2021

12/07/2021 - Borrower Income Verification of 6.00 is less than 12 months.;

12/15/2021

12/15/2021 - Income Verification of 24.00 is greater than 12 months. Employer letter received/reviewed - condition cleared.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 806 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10520

$960,000.00

Cleared

Compliance

-98777

Prohibited Fees Test

12/7/2021

12/07/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

12/20/2021

12/20/2021 - Rebuttal received/reviewed -condition cleared. ; 12/14/2021 - This loan passed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does not charge a fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 806 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10520

$960,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/7/2021

12/20/2021

12/20/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/20/2021 - Rebuttal received/reviewed -condition cleared. ; 12/14/2021 - The lock in fee on the initial LE increased from $0.00 to $1,200.00 on the final CD without a valid changed circumstance provided. A $1,090.00 tolerance cure is required. Please provide LOE, PCCD, and evidence of refund to the borrower.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 806 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10520

$960,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/7/2021

12/20/2021

12/20/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/20/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $335.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/20/2021 - Rebuttal received/reviewed -condition cleared. ; 12/14/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $1,200.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/14/2021 - The lock in fee on the initial LE increased from $0.00 to $1,200.00 on the final CD without a valid changed circumstance provided. A $1,090.00 tolerance cure is required. Please provide LOE, PCCD, and evidence of refund to the borrower.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 806 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10520

$960,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/7/2021

12/20/2021

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 806 is Greater than the Guideline Minimum of 720.

XXX

RATE22J10522

$631,024.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

12/7/2021

12/07/2021 - The security instrument indicator is Missing;

12/14/2021

12/14/2021 - na; 12/14/2021 - The security instrument indicator is Present

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 19.97 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 793 is Greater than the Guideline Minimum of 720. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.00 years

XXX

RATE22J10522

$631,024.00

Cleared

Credit

1462

Liquid Reserves are less than Guidelines Required

12/7/2021

12/07/2021 - The liquid reserves of 78.46 months or $247477.83, are less than the Guidelines minimum required of 18924.72 or $59690806.31.;

12/14/2021

12/14/2021 - The liquid reserves of 78.46 months or $247477.83, is greater than or equal to the Guidelines minimum required of 72.00 or $227096.52.

XXX

RATE22J10522

$631,024.00

Cleared

Compliance

2353

Evidence of Rate Lock Not Provided

12/7/2021

12/07/2021 - Evidence of Rate Lock Not Provided;

12/14/2021

12/14/2021 - na; 12/14/2021 - Evidence of Rate Lock Provided

XXX

RATE22J10525

$940,000.00

Cleared

Compliance

-99944

Late Fees Test

12/8/2021

12/09/2021

12/09/2021 - This loan passed the late fees test.The loan has late fees that conform to the requirements for the lender's license type in the state where the property is located. PLEASE NOTE: Certain states impose a late charge restriction that requires a comparison of the late fees charge, expressed either as a percentage or a dollar amount, or as both. In cases where the user provided data does not contain the required data point, ComplianceAnalyzer^® will calculate the required data point from the late charge value entered by the user, and for such purpose will use the system's calculation of the scheduled monthly payment amount. Such data point calculations are an estimate based on the user provided data, and may not reflect the actual late charge threshold on an irregular payment, or if the maximum permitted late charge is based on the amount of the scheduled payment that is outstanding and not the entire scheduled payment.

XXX

RATE22J10525

$940,000.00

Cleared

Compliance

-96391

TRID Consummation Date and Closing / Settlement Date Validation Test

12/8/2021

12/08/2021 - This loan failed the TRID consummation date and closing / settlement date validation test. This loan did not provide the consummation date or the closing / settlement date, which is required for the auditing the following timing tests:Initial Loan Estimate Delivery Date Test (prior to consummation);Revised Loan Estimate Delivery Date Test (prior to consummation);Initial Closing Disclosure Date Test;Revised Closing Disclosure Date Test (No Waiting Period Required);Revised Closing Disclosure Date Test (Waiting Period Required);Reimbursement Date Test;Post-Consummation Event and Revised Closing Disclosure Delivery Date Test;Non-Numeric Clerical Error and Post-Consummation Revised Closing Disclosure Delivery Date Test; andPost-Consummation Cure Reimbursement and Revised Closing Disclosure Delivery Date Test.;

12/09/2021

12/09/2021 - This compliance test 'TRID Consummation Date and Closing / Settlement Date Validation Test' is no longer tested

XXX

RATE22J10525

$940,000.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/8/2021

12/08/2021 - This loan failed the TRID post-consummation reason for redisclosure validation test.This loan contains a post-consummation revised closing disclosure delivery date but does not provide the reason for the redisclosure after consummation. The reason is required in order to audit post-consummation redisclosure timing tests.;

12/09/2021

12/09/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested

XXX

RATE22J10525

$940,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/09/2021

12/09/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10525

$940,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/09/2021

12/09/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/09/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $1,880.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/09/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $3,055.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10525

$940,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/8/2021

12/08/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($5,291.12) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/09/2021

12/09/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($935.00) do not exceed the comparable charges ($1,395.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

XXX

RATE22J10525

$940,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/9/2021

12/09/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $1,880.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/09/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $3,055.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/09/2021

12/09/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/09/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $1,880.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/09/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $3,055.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.

XXX

RATE22J10525

$940,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - Property is located in a FEMA disaster area with no post disaster inpection**FEMA declared XXX county in a disaster area (Hurricane) on 09/1/2021, with a release date of 09/3/2021. The appraisal in file is dated 07/17/2021 and shows no damage, however the appraisal date is prior to the FEMA release date. A Post Disaster Inspection is required and in file Pg.901 Dated: 9-19-21 and shows no damage. ** ;

12/09/2021

12/09/2021 - Post disaster inspection confirms no property damage

XXX

RATE22J10525

$940,000.00

Cleared

Credit

3420

DTI Exceeds AUS Maximum Allowable

12/7/2021

12/07/2021 - The back-end DTI of 31.09 (Total Income of 21568.92, Orig PITI of 6079.10, Monthly debt of 625.62) exceeds the maximum allowable per AUS of 31.01;

12/09/2021

12/09/2021 - The qualifying back-end DTI of 31.09 (Total Income of 21568.92, Orig PITI of 6079.10, Monthly debt of 625.62) is not greater than the maximum allowable per AUS of 43.00 The back-end DTI of 31.09 (Total Income of 21568.92, Orig PITI of 6079.10, Monthly debt of 625.62) is not greater than the maximum allowable per AUS of 43.00

XXX

RATE22J10526

$1,387,500.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/6/2021

12/07/2021 - Change severity of 'TRID Post-Consummation Reason for Redisclosure Validation Test' from Material to Non-Material.; 12/07/2021 - Invalid finding, there is no post consummation CD; 12/07/2021 - Change status of 'TRID Post-Consummation Reason for Redisclosure Validation Test' from Active to Acknowledged by Client.; 12/06/2021 - the is no post consummation CD in the file. firing false exception. ;

12/7/2021

12/07/2021 -12/07/2021 - Invalid finding, there is no post consummation CD. Change severity of 'TRID Post-Consummation Reason for Redisclosure Validation Test' from Material to Cleared

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 46.85 are greater than the Guideline Minimum of 17.00.

XXX

RATE22J10528

$880,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/3/2021

12/03/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 9/5/2021, incident occurred on 9/1/2021. The appraisal in file is dated 9/14/2021 and shows no damage. Exception is for informational purposes only.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 754 is Greater than the Guideline Minimum of 720. ; Borrower has more than 2 years at current residence - Borrower at current residence 5.92 years ; Borrower has stable job time - Borrower has 3.08 years at job.

XXX

RATE22J10528

$880,000.00

Acknowledged

Compliance

-98777

Prohibited Fees Test

12/3/2021

12/21/2021

12/21/2021 - Change status of 'Prohibited Fees Test' from Active to Acknowledged by Client.; 12/21/2021 - Acknowledged

Waiver

Client

XXX

RATE22J10529

$990,000.00

Cleared

Compliance

-98777

Prohibited Fees Test

12/5/2021

12/05/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

12/14/2021

Borrower has more than 2 years at current residence - Borrower at current residence 2.10 years ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10529

$990,000.00

Cleared

Compliance

-96391

TRID Consummation Date and Closing / Settlement Date Validation Test

12/5/2021

12/05/2021 - This loan failed the TRID consummation date and closing / settlement date validation test. This loan did not provide the consummation date or the closing / settlement date, which is required for the auditing the following timing tests:Initial Loan Estimate Delivery Date Test (prior to consummation);Revised Loan Estimate Delivery Date Test (prior to consummation);Initial Closing Disclosure Date Test;Revised Closing Disclosure Date Test (No Waiting Period Required);Revised Closing Disclosure Date Test (Waiting Period Required);Reimbursement Date Test;Post-Consummation Event and Revised Closing Disclosure Delivery Date Test;Non-Numeric Clerical Error and Post-Consummation Revised Closing Disclosure Delivery Date Test; andPost-Consummation Cure Reimbursement and Revised Closing Disclosure Delivery Date Test.;

12/14/2021

12/14/2021 - This compliance test 'TRID Consummation Date and Closing / Settlement Date Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 2.10 years ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10529

$990,000.00

Cleared

Compliance

-96383

TRID Initial Closing Disclosure Date and Funding Date Validation Test

12/14/2021

12/14/2021 - This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields.;

12/14/2021

12/14/2021 - This compliance test 'TRID Initial Closing Disclosure Date and Funding Date Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 2.10 years ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10529

$990,000.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/5/2021

12/05/2021 - This loan failed the TRID post-consummation reason for redisclosure validation test.This loan contains a post-consummation revised closing disclosure delivery date but does not provide the reason for the redisclosure after consummation. The reason is required in order to audit post-consummation redisclosure timing tests.;

12/14/2021

12/14/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 2.10 years ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10529

$990,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/5/2021

12/05/2021 - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.;

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 2.10 years ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10529

$990,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/5/2021

12/05/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $13,812.75.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

Borrower has more than 2 years at current residence - Borrower at current residence 2.10 years ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10529

$990,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/14/2021

Borrower has more than 2 years at current residence - Borrower at current residence 2.10 years ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10529

$990,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

12/3/2021

12/03/2021 - Hazard insurance coverage of 800000.00 is not sufficent. The subject loan amount is 990000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/14/2021

12/14/2021 - Hazard insurance coverage is sufficient.

Borrower has more than 2 years at current residence - Borrower at current residence 2.10 years ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10530

$1,655,500.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/6/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower 1 has significant job time - Borrower has 18.10 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 6.90 years ; Borrower has stable job time - Borrower has 18.10 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 523822.41 are greater than the Guideline Minimum of 86718.96. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10530

$1,655,500.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/6/2021

12/07/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $2,275.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/07/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $1,780.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/06/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $3,653.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

XXX

RATE22J10530

$1,655,500.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/6/2021

12/07/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($450.00) exceed the comparable charges ($400.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 12/07/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($3,665.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 12/06/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($3,865.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

XXX

RATE22J10530

$1,655,500.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/6/2021

12/07/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $2,285.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/07/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $1,790.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/07/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $7,318.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/06/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $7,518.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/14/2021

XXX

RATE22J10531

$683,240.00

Cleared

Compliance

-96370

TRID "Section H. Other" Validation Test

12/8/2021

12/08/2021 - This loan failed the TRID "Section H. Other" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker, but this fee or fees should not be retained by the lender or broker. Except for charges for optional credit insurance provided by the creditor, this fee or fees should not be retained by the lender."Section H. Other" should contain an itemization of any other amounts in connection with the transaction that the consumer is likely to pay or has contracted with a person other than the creditor or loan originator to pay at closing and of which the creditor is aware at the time of issuing the Loan Estimate.Per the Official Interpretations to Regulation Z: The items listed under the heading of "Other Costs" pursuant to §1026.37(g) include services that are ancillary to the creditor's decision to evaluate the collateral and the consumer for the loan. The amounts disclosed for these items are: Established by government action; determined by standard calculations applied to ongoing fixed costs; or based on an obligation incurred by the consumer independently of any requirement imposed by the creditor. Except for prepaid interest under §1026.37(g)(2)(iii), or charges for optional credit insurance provided by the creditor, the creditor does not retain any of the amounts or portions of the amounts disclosed as other costs.;

12/15/2021

12/15/2021 - This compliance test 'TRID "Section H. Other" Validation Test' is no longer tested

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 4.06 years ; Borrower has stable job time - Borrower has 10.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 65.29 are greater than the Guideline Minimum of 38.00.

XXX

RATE22J10531

$683,240.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10531

$683,240.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/15/2021

XXX

RATE22J10531

$683,240.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/15/2021

XXX

RATE22J10532

$1,000,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

12/8/2021

12/08/2021 - Fraud report shows the following alerts that have not been cleared: High alerts on the report dated 09/10/2021 have not been cleared.;

12/14/2021 - Lender provided documentation to clear fraud report.; 12/14/2021 - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.;

12/14/2021

12/14/2021 - Condition Cleared.; 12/14/2021 - Alerts from Fraud Report have been cleared. Lender provided documentation to clear the fraud reports.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 28.93 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 792 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 22.27 months or $120093.39 are greater than the Guideline Minimum of 6.00 or $32350.50. ; Borrower 1 has significant job time - Borrower has 9.83 years on job ; Borrower has stable job time - Borrower has 9.83 years at job.

XXX

RATE22J10537

$1,800,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/6/2021

12/06/2021 - Property is located in a FEMA disaster area with no post disaster inpection;

12/09/2021

12/09/2021 - cleared; 12/09/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/09/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 21.25 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 794 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 441.87 months or $4407247.61 are greater than the Guideline Minimum of 9.00 or $89766.80.

XXX

RATE22J10539

$778,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/6/2021

12/06/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $75.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/06/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $300.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

Borrower has more than 2 years at current residence - Borrower at current residence 8.90 years

XXX

RATE22J10539

$778,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/6/2021

12/06/2021 - Exception is triggered by increase in the cost of the appraisal report by $75 and increase in the recording fees of $141.10. Lender credit IAO 216.10 was provided.; 12/06/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($569.00) exceed the comparable charges ($389.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

Borrower has more than 2 years at current residence - Borrower at current residence 8.90 years

XXX

RATE22J10539

$778,000.00

Cleared

Compliance

-97466

Home Loan

12/6/2021

12/06/2021 - Home Loan (NY SB 8143 Section 5, 1(d))

12/21/2021

12/21/2021 - Change severity of 'Home Loan' from Material to Non-Material.; 12/21/2021 - Change status of 'Home Loan' from Active to Acknowledged by Client.; 12/21/2021 - Acknowledged

Waiver

Client

Borrower has more than 2 years at current residence - Borrower at current residence 8.90 years

XXX

RATE22J10539

$778,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/6/2021

12/06/2021 - Property is located in a FEMA disaster area with no post disaster inpection;

12/21/2021

12/21/2021 - Post disaster inspection confirms no property damage; 12/14/2021 - Cleared; 12/14/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.

Borrower has more than 2 years at current residence - Borrower at current residence 8.90 years

XXX

RATE22J10540

$920,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/7/2021

12/07/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

Borrower has more than 2 years at current residence - Borrower at current residence 4.33 years

XXX

RATE22J10540

$920,000.00

Cleared

Compliance

-96391

TRID Consummation Date and Closing / Settlement Date Validation Test

12/7/2021

12/07/2021 - This loan failed the TRID consummation date and closing / settlement date validation test. This loan did not provide the consummation date or the closing / settlement date, which is required for the auditing the following timing tests:Initial Loan Estimate Delivery Date Test (prior to consummation);Revised Loan Estimate Delivery Date Test (prior to consummation);Initial Closing Disclosure Date Test;Revised Closing Disclosure Date Test (No Waiting Period Required);Revised Closing Disclosure Date Test (Waiting Period Required);Reimbursement Date Test;Post-Consummation Event and Revised Closing Disclosure Delivery Date Test;Non-Numeric Clerical Error and Post-Consummation Revised Closing Disclosure Delivery Date Test; andPost-Consummation Cure Reimbursement and Revised Closing Disclosure Delivery Date Test.;

12/14/2021

12/14/2021 - This compliance test 'TRID Consummation Date and Closing / Settlement Date Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 4.33 years

XXX

RATE22J10540

$920,000.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/7/2021

12/14/2021

12/14/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 4.33 years

XXX

RATE22J10540

$920,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/7/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 4.33 years

XXX

RATE22J10540

$920,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/7/2021

12/14/2021

Borrower has more than 2 years at current residence - Borrower at current residence 4.33 years

XXX

RATE22J10541

$580,000.00

Cleared

Credit

942

Flood Certificate is Missing

12/7/2021

12/07/2021 - The flood certification is Missing;

12/20/2021

12/20/2021 - The flood certification is Present

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 780 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 26.05 months or $81478.41 are greater than the Guideline Minimum of 6.00 or $18766.02. ; Borrower 1 has significant job time - Borrower has 9.00 years on job ; Borrower has stable job time - Borrower has 9.00 years at job.

XXX

RATE22J10542

$1,020,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/08/2021 - Transfer taxes increased from $120.00 on LE to $127.50 on CD with no COC. A cure of $7.50 is required. The final CD reflects a cure of $1,550.00 for the increase in appraisal fee; however, the cure for the increase in transfer taxes was not provided.;

12/22/2021

12/22/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/14/2021 - Initial LE reflected Transfer Taxes of $120 yet the final CD shows a Transfer Tax/Tax Stamp charge of $127.50. Transfer Taxes/Tax Stamps have a zero tolerance increase and not subject to the 10% tolerance rule, therefore, the increase of $7.50 exceeds the legal limit and an additional reimbursement to the borrower is required.

Borrower 1 has significant job time - Borrower has 10.08 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 10.08 years ; Borrower has stable job time - Borrower has 10.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 73426.23 are greater than the Guideline Minimum of 4760.74. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10542

$1,020,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/22/2021

12/22/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/14/2021 - Initial LE reflected Transfer Taxes of $120 yet the final CD shows a Transfer Tax/Tax Stamp charge of $127.50. Transfer Taxes/Tax Stamps have a zero tolerance increase and not subject to the 10% tolerance rule, therefore, the increase of $7.50 exceeds the legal limit and an additional reimbursement to the borrower is required.

XXX

RATE22J10542

$1,020,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/22/2021

12/22/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/14/2021 - Initial LE reflected Transfer Taxes of $120 yet the final CD shows a Transfer Tax/Tax Stamp charge of $127.50. Transfer Taxes/Tax Stamps have a zero tolerance increase and not subject to the 10% tolerance rule, therefore, the increase of $7.50 exceeds the legal limit and an additional reimbursement to the borrower is required.

XXX

RATE22J10543

$1,435,000.00

Cleared

Credit

1261

Borrower Income Verification does not match Approval

12/5/2021

12/05/2021 - The borrower income verification does not match approval: The Loan utilized Capital Gains in the amount of 7217.00 to qualify. Per FNMA Guidelines Capital Gains may only be used if we can document the stability of the income on the 2 most recent federal tax returns. The 2019 1040 Shows a Capital loss in the amount of $3,000.00, making this income ineligible.

The Mortgage Payment on the Pending sale of the property located at XXX Avenue was not included with the borrowers liabilities, and the file does not contain evidence of the sale of this property. ;

12/20/2021

12/20/2021 - The borrower income verification does match approval; 12/20/2021 - The borrower income verification does not match approval: The Loan utilized Capital Gains in the amount of $7,217.00 to qualify. Per FNMA Guidelines Capital Gains may only be used if the Lender can document the stability of the income on the 2 most recent federal tax returns. The 2019 1040 Shows a Capital loss in the amount of $3,000.00, making this income ineligible. ;

;

; 12/20/2021 - Change status of 'Borrower Income Verification does not match Approval' from Active to Rejected by Client.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 766 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 427.85 months or $3518321.82 are greater than the Guideline Minimum of 12.00 or $98678.28. ; Borrower 1 has significant job time - Borrower has 5.83 years on job ; Borrower has stable job time - Borrower has 5.83 years at job.

XXX

RATE22J10543

$1,435,000.00

Cleared

Credit

2110

Qualifying DTI exceeds Guideline Maximum Allowable

12/5/2021

12/05/2021 - Qualifying DTI of 56.31 exceeds guideline maximum of 43.00.;

12/20/2021

12/20/2021 - Documentation provided to support Qualifying DTI below 43.00.; 12/20/2021 - The borrower income verification does not match approval: The Loan utilized Capital Gains in the amount of $7,217.00 to qualify. Per FNMA Guidelines Capital Gains may only be used if the Lender can document the stability of the income on the 2 most recent federal tax returns. The 2019 1040 Shows a Capital loss in the amount of $3,000.00, making this income ineligible. ;

;

; 12/20/2021 - Change status of 'Qualifying DTI exceeds Guideline Maximum Allowable' from Active to Rejected by Client.

XXX

RATE22J10543

$1,435,000.00

Cleared

Compliance

3428

Regulation §1026.43(e)(2)(vi) failure - The Qualified Mortgage calculated DTI is greater than 43.00%.

12/5/2021

12/05/2021 - FNMA Guidelines do not allow for the use of unstable Capital Gains income. 2019 shows a Capital loss of $3,000.00. ; 12/05/2021 - Regulation §1026.43(e)(2)(vi) - The Qualified Mortgage calculated DTI of 56.31 is greater than 43.00% (Total Income of 14717.00 and Total Monthly Debt 64.00 and Future PITI 8223.19);

12/20/2021

12/20/2021 - Regulation §1026.43(e)(2)(vi) - The Qualified Mortgage calculated DTI of 38.87 is not greater than 43.00% (Total Income of 21319.08 and Total Monthly Debt 64.00 and Future PITI 8223.19); 12/20/2021 - The borrower income verification does not match approval: The Loan utilized Capital Gains in the amount of $7,217.00 to qualify. Per FNMA Guidelines Capital Gains may only be used if the Lender can document the stability of the income on the 2 most recent federal tax returns. The 2019 1040 Shows a Capital loss in the amount of $3,000.00, making this income ineligible. ;

;

; 12/20/2021 - Change status of 'Regulation §1026.43(e)(2)(vi) failure - The Qualified Mortgage calculated DTI is greater than 43.00%.' from Active to Rejected by Client.

XXX

RATE22J10543

$1,435,000.00

Cleared

Compliance

3567

Regulation § 1026.43(c)(2)(i) failure - The borrower(s) reasonably expected income or assets was not properly considered.

12/5/2021

12/05/2021 - The borrower(s) reasonably expected income or assets was not properly considered. Per FNMA guidelines, the capital gains is not stable and cannot be used. Additionally.;

12/20/2021

12/20/2021 - Exception cleared; Capital Gains Income recalculated and meets investors guidelines. ; 12/20/2021 - The borrower income verification does not match approval: The Loan utilized Capital Gains in the amount of $7,217.00 to qualify. Per FNMA Guidelines Capital Gains may only be used if the Lender can document the stability of the income on the 2 most recent federal tax returns. The 2019 1040 Shows a Capital loss in the amount of $3,000.00, making this income ineligible. ;

;

; 12/20/2021 - Change status of 'Regulation § 1026.43(c)(2)(i) failure - The borrower(s) reasonably expected income or assets was not properly considered.' from Active to Rejected by Client.

XXX

RATE22J10544

$703,200.00

Cleared

Credit

651

Borrower Liabilities Verification Indicator is Partial

12/8/2021

12/08/2021 - Borrower liabilities verified indicator is Partial. No proof of final sale of property located at XXX place. 1&2 mortgage payments were included in DTI.;

12/14/2021

12/14/2021 - Borrower liabilities verified indicator is Present

Borrower 1 has significant job time - Borrower has 6.20 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 9.50 years ; Borrower has stable job time - Borrower has 6.20 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 33.25 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10544

$703,200.00

Cleared

Credit

3420

DTI Exceeds AUS Maximum Allowable

12/8/2021

12/08/2021 - The back-end DTI of 42.29 (Total Income of 15828.89, Orig PITI of 3431.98, Monthly debt of 3262.00) exceeds the maximum allowable per AUS of 31.02;

12/14/2021

12/14/2021 - The back-end DTI of 30.92 (Total Income of 15828.89, Orig PITI of 3431.98, Monthly debt of 1462.00) is not greater than the maximum allowable per AUS of 31.02

XXX

RATE22J10546

$1,454,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/7/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 11.50 years ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 4359228.17 are greater than the Guideline Minimum of 54130.74.

XXX

RATE22J10546

$1,454,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/7/2021

12/15/2021

XXX

RATE22J10546

$1,454,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/7/2021

12/15/2021

XXX

RATE22J10546

$1,454,000.00

Cleared

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

12/7/2021

12/07/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 9/XX/2021, 'Closing Disclosure' at 9/XX/2021;

12/15/2021

12/15/2021 - Original PI Payment on Note matches Final CD; 12/15/2021 - Original PI Payment on Note matches Final CD;

From Hard Coded form in template:;

'Closing Disclosure' at 9/XX/2021

XXX

RATE22J10546

$1,454,000.00

Acknowledged

Compliance

-98659

Prohibited Fees First Lien Test

12/7/2021

12/07/2021 - This loan failed the first lien prohibited fees test. (MRS § 408.052 1.)

The loan has fees that are prohibited for this license type.

12/20/2021

12/20/2021 - Change status of 'Prohibited Fees First Lien Test' from Active to Acknowledged by Client.; 12/20/2021 - Change severity of 'Prohibited Fees First Lien Test' from Material to Non-Material.; 12/20/2021 - acknowledged

Waiver

Client

XXX

RATE22J10546

$1,454,000.00

Cleared

Compliance

1222

Home loan Toolkit is Missing

12/7/2021

12/07/2021 - The home loan toolket is Missing;

12/20/2021

12/20/2021 - The home loan toolket received.; 12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.

XXX

RATE22J10546

$1,454,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

12/7/2021

12/07/2021 - Fraud report shows the following alerts that have not been cleared: THE BORROWER STATES THEY HAVE NOT HELD OWNERSHIP IN A PROPERTY IN THE PAST 3 YEARS, HOWEVER PROPERTY OWNERSHIP INFORMATION HAS BEEN FOUND. ;

12/20/2021

12/20/2021 - Alerts from Fraud Report have been cleared. Rebuttal/Fraud Report received/reviewed- condition cleared.

XXX

RATE22J10547

$594,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/3/2021

12/03/2021 - Third Party Valuation Product Not Provided and CU Score is 3.30.;

12/14/2021 - Lender provided CDA.; 12/14/2021 - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5' from Active to Open Rebuttal.;

12/14/2021

12/14/2021 - Exception Cleared.; 12/14/2021 - Third Party Valuation Product Provided.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 787 is Greater than the Guideline Minimum of 720. ; Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10548

$1,136,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/7/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Original LTV is Below the Guideline Maximum - Calculated LTV of 64.00 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 64.00 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 779 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 81.20 months or $440443.00 are greater than the Guideline Minimum of 12.00 or $65091.96. ; Borrower has more than 2 years at current residence - Borrower at current residence 2.10 years ; Borrower has stable job time - Borrower has 4.10 years at job.

XXX

RATE22J10548

$1,136,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/7/2021

12/14/2021

XXX

RATE22J10548

$1,136,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/7/2021

12/14/2021

XXX

RATE22J10548

$1,136,000.00

Cleared

Credit

3420

DTI Exceeds AUS Maximum Allowable

12/6/2021

12/06/2021 - The back-end DTI of 41.97 (Total Income of 18895.50, Orig PITI of 5424.33, Monthly debt of 2506.89) exceeds the maximum allowable per AUS of 36.62;

12/15/2021

12/15/2021 - The back-end DTI of 41.97 (Total Income of 18895.50, Orig PITI of 5424.33, Monthly debt of 2506.89) is not greater than the maximum allowable per AUS of ___

XXX

RATE22J10548

$1,136,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/6/2021

12/06/2021 - Third Party Valuation Product Provided.; 12/06/2021 - Third Party Valuation Product Not Provided and CU Score is 3.70.;

12/20/2021

12/20/2021 - Third Party Valuation Product Provided.; 12/15/2021 - Third Party Valuation Product Not Provided and CU Score is 3.70.

XXX

RATE22J10548

$1,136,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/6/2021

12/06/2021 - Third Party Valuation Product Provided; 12/06/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/20/2021

12/20/2021 - Third Party Valuation Product Provided; 12/15/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.

XXX

RATE22J10549

$932,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Post Disaster Inspection dated 09/12/2021 in the file. No disaster related damage.; 12/08/2021 - Property is located in a FEMA disaster area with no post disaster inpection;

12/20/2021

12/20/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10550

$628,000.00

Cleared

Property

2213

Third Party Valuation Product not Provided.

12/3/2021

12/03/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/20/2021

12/20/2021 - Third Party Valuation Product Provided; 12/20/2021 - Third Party Valuation Product Provided. 12/20/2021 CU RIsk score was 1.4. Rapid Rate Jumbo AUS loan allows for CU risk < 2.5 w/out CDA.; 12/20/2021 - not required.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 17.27 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 813 is Greater than the Guideline Minimum of 680.

XXX

RATE22J10550

$628,000.00

Cleared

Credit

2578

Housing history does not meet guidelines

12/3/2021

12/03/2021 - Housing history does not meet guidelines.As per the credit report payment history is verified for the month of 7/21 No documentation has been provided to verify payments due 8/21 was made without any late ;

12/14/2021

12/14/2021 - Housing delinquency meets guidelines.

XXX

RATE22J10550

$628,000.00

Cleared

Credit

1247

AUS is Missing

12/20/2021

12/20/2021 - The AUS is Missing. File was UW to Rapid Rate Jumbo AUS guidelines. File is missing copy of the requried AUS report.;

12/20/2021

12/20/2021 - The AUS is received.

XXX

RATE22J10550

$628,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/3/2021

12/03/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/20/2021

XXX

RATE22J10552

$580,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

12/8/2021

12/08/2021 - Fraud report shows the following alerts that have not been cleared: lender to clear high alert on fraud report page 533;

12/14/2021

12/14/2021 - Cleared; 12/14/2021 - Alerts from Fraud Report have been cleared.

Borrower has more than 2 years at current residence - Borrower at current residence 5.00 years

XXX

RATE22J10552

$580,000.00

Cleared

Credit

2578

Housing history does not meet guidelines

12/8/2021

12/08/2021 - Lender must provide a VOR for the most recent consecutive 12 month period for borrower.;

12/16/2021

12/16/2021 - Housing delinquency meets guidelines. Updated AUS received/reviewed-condition cleared.

Borrower has more than 2 years at current residence - Borrower at current residence 5.00 years

XXX

RATE22J10552

$580,000.00

Cleared

Credit

3420

DTI Exceeds AUS Maximum Allowable

12/8/2021

12/08/2021 - Change severity of 'DTI Exceeds AUS Maximum Allowable' from Material to Non-Material. DTI variance 0.4 due to tax amount disfference; within GL.;

12/16/2021

12/16/2021 - The back-end DTI of 22.96 (Total Income of 14838.54, Orig PITI of 3341.92, Monthly debt of 65.00) is not greater than the maximum allowable per AUS of 22.96; 12/16/2021 - The qualifying back-end DTI of 22.99 (Total Income of 14838.54, Orig PITI of 3346.91, Monthly debt of 65.00) exceeds the maximum allowable per AUS of 22.96 The back-end DTI of 22.99 (Total Income of 14838.54, Orig PITI of 3346.91, Monthly debt of 65.00) exceeds the maximum allowable per AUS of 22.96; 12/14/2021 - The qualifying back-end DTI of 22.99 (Total Income of 14838.54, Orig PITI of 3346.91, Monthly debt of 65.00) is not greater than the maximum allowable per AUS of 22.99 The back-end DTI of 22.99 (Total Income of 14838.54, Orig PITI of 3346.91, Monthly debt of 65.00) is not greater than the maximum allowable per AUS of 22.99

Borrower has more than 2 years at current residence - Borrower at current residence 5.00 years

XXX

RATE22J10552

$580,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/8/2021

12/08/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. no VOR;

12/16/2021

12/16/2021 - Updated AUS received/reviewed-condition cleared.

Borrower has more than 2 years at current residence - Borrower at current residence 5.00 years

XXX

RATE22J10553

$693,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 09/01/2021, with a release date of 09/03/2021. The appraisal in file is dated 08/13/2021 and an Appraisal Update (1004D) in file is dated 09/10/2021, both show no damage. Exception is for informational purposes only.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Original LTV is Below the Guideline Maximum - Calculated LTV of 77.00 is less than Guideline LTV of 89.99. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 77.00 is less than Guideline CLTV of 89.99. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 790 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 54.42 months or $255709.37 are greater than the Guideline Minimum of 6.00 or $28193.17. ; Borrower has more than 2 years at current residence - Borrower at current residence 5.58 years

XXX

RATE22J10553

$693,000.00

Acknowledged

Compliance

-98777

Prohibited Fees Test

12/3/2021

12/21/2021

12/21/2021 - Change status of 'Prohibited Fees Test' from Active to Acknowledged by Client.; 12/21/2021 - Acknowledged

Waiver

Client

XXX

RATE22J10554

$909,600.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/6/2021

12/06/2021 - Property is located in a FEMA disaster area with post disaster inpection in file.;

12/09/2021

12/09/2021 - Cleared; 12/09/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/09/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.

Waiver

Client

Borrower has more than 2 years at current residence - Borrower at current residence 3.90 years ; Borrower has stable job time - Borrower has 3.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 20.59 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10556

$955,000.00

Cleared

Credit

2110

Qualifying DTI exceeds Guideline Maximum Allowable

12/6/2021

12/06/2021 - Qualifying DTI of 43.41 exceeds guideline maximum of 43.00.; 12/06/2021 - Documentation provided to support Qualifying DTI below 43.00.;

12/06/2021

12/06/2021 - Documentation provided to support Qualifying DTI below 43.00.; 12/06/2021 - Qualifying DTI of 137.35 exceeds guideline maximum of 43.00.

Original LTV is Below the Guideline Maximum - Calculated LTV of 56.68 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 56.68 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 775 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 118.55 months or $641069.88 are greater than the Guideline Minimum of 6.00 or $32445.38.

XXX

RATE22J10556

$955,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/6/2021

12/06/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.; 12/06/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/06/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 10/16/2020, which occurred on 9/4/2020. The appraisal in file is dated 8/31/2021 and shows no damage. Exception is for informational purposes only.; 12/06/2021 - na;

12/06/2021

12/06/2021 - Post disaster inspection confirms no property damage

XXX

RATE22J10556

$955,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/6/2021

12/06/2021 - Third Party Valuation Product Not Provided and CU Score is 5.00.;

12/06/2021

12/06/2021 - Third Party Valuation Product Provided.

XXX

RATE22J10556

$955,000.00

Cleared

Compliance

3428

Regulation §1026.43(e)(2)(vi) failure - The Qualified Mortgage calculated DTI is greater than 43.00%.

12/6/2021

12/06/2021 - Regulation §1026.43(e)(2)(vi) - The Qualified Mortgage calculated DTI of 137.35 is greater than 43.00% (Total Income of 5304.99 and Total Monthly Debt 1855.00 and Future PITI 5431.59);

12/06/2021

12/06/2021 - Regulation §1026.43(e)(2)(vi) - The Qualified Mortgage calculated DTI of 42.66 is not greater than 43.00% (Total Income of 17023.65 and Total Monthly Debt 1855.00 and Future PITI 5407.56)

XXX

RATE22J10556

$955,000.00

Cleared

Property

3437

Third Party Valuation Product Not Provided and FHLMC Collateral Rep & Warrant Relief is Not Eligible or Unavailable.

12/6/2021

12/06/2021 - Third Party Valuation Product Not Provided and FHLMC Collateral Rep & Warrant Relief is Not Eligible.;

12/06/2021

12/06/2021 - Third Party Valuation Product Provided.

XXX

RATE22J10556

$955,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/6/2021

12/06/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/06/2021

12/06/2021 - Third Party Valuation Product Provided

XXX

RATE22J10557

$664,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/08/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.; 12/08/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/08/2021 - Info Only; 12/07/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (fire) on 6/27/2020, which occurred on 16/27/2020. The appraisal in file is dated 9/22/2021 and shows no damage. Exception is for informational purposes only.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 24.86 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 762 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 43.49 months or $152062.98 are greater than the Guideline Minimum of 6.00 or $20981.17. ; Borrower 1 has significant job time - Borrower has 11.33 years on job ; Borrower has stable job time - Borrower has 11.33 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10557

$664,000.00

Cleared

Credit

951

Condo Approval Missing

12/7/2021

12/07/2021 - Missing PUD project approval.;

12/15/2021

12/15/2021 - Condo approval is not required. Condition cleared. ; 12/15/2021 - Condo approval indicator is Not Applicable

XXX

RATE22J10557

$664,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

12/7/2021

12/07/2021 - Hazard insurance coverage of 513000.00 is not sufficent. The subject loan amount is 664000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/15/2021

12/15/2021 - Hazard insurance coverage is sufficient. Insurance declaration indicates minimum rebuild cost. Condition cleared.

XXX

RATE22J10559

$1,240,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 08/14/2020, with a release date of 09/26/2020. The appraisal in file is dated 10/12/2021 and shows no damage. Exception is for informational purposes only.

;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 793 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 44.35 months or $305308.97 are greater than the Guideline Minimum of 6.00 or $41300.42. ; Borrower 1 has significant job time - Borrower has 10.75 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 9.91 years ; Borrower has stable job time - Borrower has 10.75 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10561

$910,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/8/2021

12/08/2021 - Third Party Valuation Product Not Provided and CU Score is 3.70.;

12/14/2021

12/14/2021 - Third Party Valuation Product Provided. Field Review received/reviewd - condtion cleared.

Original LTV is Below the Guideline Maximum - Calculated LTV of 69.47 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of ___ is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 783 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 639.29 months or $2951423.56 are greater than the Guideline Minimum of 6.00 or $27700.32. ; Borrower 1 has significant job time - Borrower has 17.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 8.00 years ; Borrower has stable job time - Borrower has 17.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10561

$910,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/8/2021

12/08/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/14/2021

12/14/2021 - Third Party Valuation Product Provided. Field Review was in file and received/reviewed - condition cleared.

XXX

RATE22J10562

$1,125,000.00

Cleared

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

12/8/2021

12/08/2021 - Loan amount changed;

12/15/2021

12/15/2021 - Original PI Payment on Note matches Final CD

Borrower 1 has significant job time - Borrower has 30.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 5.20 years ; Borrower has stable job time - Borrower has 30.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 208.87 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10562

$1,125,000.00

Cleared

Credit

1257

Borrower Employment Verification does not meet guidelines

12/8/2021

12/08/2021 - Lender Guidelines require a verbal verification of self -employment completed by Lender date no more than 10 days prior to note date. ( document in file is dated 08/XX/2021 pg 370);

12/20/2021

12/20/2021 - Exception cleared; AUS require a verbal verification of employment for Self-Employed borrowers to be obtained within 120 calendar days prior to the note date. Business Search page 370 dated 08/20/2021, Note dated 09/XX/2021.

XXX

RATE22J10563

$600,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - Fema declared XXX county in a disaster area (wildfires) on 9.4.2020, with an incident end date of 11.17.2020. the appraisal in the file is dated 9.11.2021 and shows no damage. Exception is for informational purposes only. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower has more than 2 years at current residence - Borrower at current residence 4.00 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 151.11 are greater than the Guideline Minimum of 132.00.

XXX

RATE22J10563

$600,000.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/7/2021

12/07/2021 - There is no post consummation in the file. This section has been entered no. Not sure why this exception is firing. False Fail.;

12/15/2021

12/15/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested

Borrower has more than 2 years at current residence - Borrower at current residence 4.00 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 151.11 are greater than the Guideline Minimum of 132.00.

XXX

RATE22J10563

$600,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/7/2021

12/07/2021 - The file is missing tax returns or current lease for the rental property of XXX Street which reflects negative net rental on Aus page 220.;

12/15/2021

12/15/2021 - Loan meets TQM

Borrower has more than 2 years at current residence - Borrower at current residence 4.00 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 151.11 are greater than the Guideline Minimum of 132.00.

XXX

RATE22J10566

$660,000.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

12/3/2021

12/03/2021 - The home loan toolket is Missing;

12/08/2021

12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.

Waiver

Client

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 457496.02 are greater than the Guideline Minimum of 21939.00.

XXX

RATE22J10571

$1,250,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/2/2021

12/06/2021 - na; 12/06/2021 - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5' from Active to Acknowledged by Client.; 12/02/2021 - Third Party Valuation Product Not Provided and CU Score is 4.30.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided.

Borrower 1 has significant job time - Borrower has 10.15 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 4.20 years ; Borrower has stable job time - Borrower has 10.15 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 25296.07 are greater than the Guideline Minimum of 0.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10571

$1,250,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

12/2/2021

12/02/2021 - Hazard insurance coverage of 390100.00 is not sufficent. The subject loan amount is 1250000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/09/2021

12/09/2021 - na; 12/09/2021 - Hazard insurance coverage is sufficient.

XXX

RATE22J10571

$1,250,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/2/2021

12/02/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10573

$552,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/6/2021

12/06/2021 - Lender added a fee of $455.00 without a valid Change of Circumstance form.” ; 12/06/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $455.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/15/2021

Borrower 1 has significant job time - Borrower has 6.58 years on job ; Borrower has stable job time - Borrower has 6.58 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 142.57 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10573

$552,000.00

Cleared

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

12/15/2021

12/15/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 9/XX/2021, 'Closing Disclosure' at 10/XX/2021;

12/15/2021

12/15/2021 - Original PI Payment on Note matches Final CD

XXX

RATE22J10577

$1,248,000.00

Cleared

Compliance

-98777

Prohibited Fees Test

12/7/2021

12/14/2021

Borrower 1 has significant job time - Borrower has 15.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 15.00 years ; Borrower has stable job time - Borrower has 15.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 34.39 are greater than the Guideline Minimum of 9.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10577

$1,248,000.00

Cleared

Compliance

-96468

Initial Closing Disclosure Delivery Date Test

12/7/2021

12/07/2021 - This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.;

12/14/2021

XXX

RATE22J10577

$1,248,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/7/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10577

$1,248,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/7/2021

12/14/2021

XXX

RATE22J10577

$1,248,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/7/2021

12/14/2021

XXX

RATE22J10577

$1,248,000.00

Cleared

Compliance

-96268

TRID Total of Payments Test

12/7/2021

12/07/2021 - This loan passed the TRID total of payments test. ( 12 CFR §1026.38(o)(1) )The total of payments is $1,872,272.58. The disclosed total of payments of $1,872,342.58 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.;

12/14/2021

12/14/2021 - This loan passed the TRID total of payments test. ( 12 CFR §1026.38(o)(1) )The total of payments is $1,872,752.58. The disclosed total of payments of $1,872,742.58 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/14/2021 - This loan failed the TRID total of payments test. ( 12 CFR §1026.38(o)(1) )The total of payments is $1,872,752.58. The disclosed total of payments of $1,872,342.58 is not considered accurate because it is understated by more than $100.

XXX

RATE22J10577

$1,248,000.00

Cleared

Credit

3420

DTI Exceeds AUS Maximum Allowable

12/7/2021

12/07/2021 - The back-end DTI of 25.14 (Total Income of 76768.56, Orig PITI of 5850.01, Monthly debt of 13450.00) is not greater than the maximum allowable per AUS of 30.03; 12/07/2021 - The back-end DTI of 31.12 (Total Income of 62012.37, Orig PITI of 5850.01, Monthly debt of 13450.00) exceeds the maximum allowable per AUS of 30.03; 12/07/2021 - The back-end DTI of 61.74 (Total Income of 38308.52, Orig PITI of 5850.01, Monthly debt of 17802.77) exceeds the maximum allowable per AUS of 30.03;

12/14/2021

12/14/2021 - The back-end DTI of 29.72 (Total Income of 38308.52, Orig PITI of 5850.01, Monthly debt of 5534.77) is not greater than the maximum allowable per AUS of 30.03

XXX

RATE22J10579

$1,424,000.00

Cleared

Compliance

-96633

RESPA Homeownership Counseling Organizations Disclosure Date Test

12/6/2021

12/06/2021 - This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.Please note: This test does not validate the content of any list of homeownership counseling organizations.;

12/14/2021

XXX

RATE22J10579

$1,424,000.00

Cleared

Compliance

-96485

Initial Loan Estimate Delivery Date Test (from application)

12/6/2021

12/06/2021 - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.;

12/14/2021

XXX

RATE22J10579

$1,424,000.00

Cleared

Compliance

-96468

Initial Closing Disclosure Delivery Date Test

12/6/2021

12/06/2021 - This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.;

12/14/2021

XXX

RATE22J10579

$1,424,000.00

Cleared

Compliance

-96391

TRID Consummation Date and Closing / Settlement Date Validation Test

12/6/2021

12/14/2021

12/14/2021 - This compliance test 'TRID Consummation Date and Closing / Settlement Date Validation Test' is no longer tested

XXX

RATE22J10579

$1,424,000.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/6/2021

12/14/2021

12/14/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested

XXX

RATE22J10579

$1,424,000.00

Cleared

Compliance

-96374

TRID "Section C. Services You Can Shop For / Services Borrower Did Shop For" Validation Test

12/6/2021

12/06/2021 - This loan failed the TRID "Section C. Services You Can Shop For / Services Borrower Did Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section C. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount and a subtotal of all such amounts the consumer will pay for settlement services for which the consumer can shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker.;

12/14/2021

12/14/2021 - This compliance test 'TRID "Section C. Services You Can Shop For / Services Borrower Did Shop For" Validation Test' is no longer tested

XXX

RATE22J10579

$1,424,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/6/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10579

$1,424,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/6/2021

12/14/2021

XXX

RATE22J10579

$1,424,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/6/2021

12/06/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($275.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

XXX

RATE22J10579

$1,424,000.00

Cleared

Compliance

-96162

Written List of Service Providers Disclosure Date Test

12/6/2021

12/14/2021

XXX

RATE22J10579

$1,424,000.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

12/6/2021

12/06/2021 - The security instrument indicator is Missing;

12/22/2021

12/22/2021 - na; 12/22/2021 - The security instrument indicator is Present; 12/20/2021 - Rebuttal stating that Mortgage was uploaded 12/15, document was not received - condition remains.

XXX

RATE22J10580

$592,000.00

Cleared

Compliance

-96387

TRID Disclosure Delivery and Receipt Date Validation Test

12/7/2021

12/07/2021 - This loan failed the TRID disclosure delivery and receipt date validation test due to one of the following findings:The Revised Loan Estimate Receipt Date is before Revised Loan Estimate Delivery Date; orThe Initial Closing Disclosure Receipt Date is before Initial Closing Disclosure Delivery Date; orThe Revised Closing Disclosure Receipt Date is before Revised Closing Disclosure Delivery Date.;

12/15/2021

12/15/2021 - This compliance test 'TRID Disclosure Delivery and Receipt Date Validation Test' is no longer tested; 12/15/2021 - Rebuttal received, documents reviewed-condition cleared.

XXX

RATE22J10580

$592,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/7/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/15/2021 - Rebuttal received, documents reviewed-condition cleared.

XXX

RATE22J10580

$592,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/7/2021

12/15/2021

12/15/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/15/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $75.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/15/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $100.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/15/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $5.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/15/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $30.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/15/2021 - Rebuttal received, documents reviewed-condition cleared.

XXX

RATE22J10580

$592,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/7/2021

12/15/2021

12/15/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/15/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $75.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/15/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $100.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/15/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $5.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/15/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $30.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/15/2021 - Rebuttal received, documents reviewed-condition cleared.

XXX

RATE22J10582

$1,043,900.00

Cleared

Compliance

-99349

TILA Finance Charge Test

12/8/2021

12/08/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $544,665.16. The disclosed finance charge of $544,050.16 is not considered accurate because it is understated by more than $100.;

12/20/2021

12/20/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $543,875.16. The disclosed finance charge of $544,050.16 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/20/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $544,840.16. The disclosed finance charge of $544,050.16 is not considered accurate because it is understated by more than $100.; 12/14/2021 - Exception Retained. TILA difference due to appraisal fee of $790 was not included in finance charges and notary fee of $175 was not included.

Borrower has stable job time - Borrower has 4.33 years at job.

XXX

RATE22J10583

$1,079,600.00

Cleared

Compliance

-96468

Initial Closing Disclosure Delivery Date Test

12/7/2021

12/14/2021

12/14/2021 - Change status of 'Initial Closing Disclosure Delivery Date Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Initial Closing Disclosure Delivery Date Test' from Material to Non-Material.; 12/14/2021 - Cleared

Waiver

Client

Borrower 1 has significant job time - Borrower has 22.50 years on job ; Borrower has stable job time - Borrower has 22.50 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10583

$1,079,600.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/7/2021

12/14/2021

12/14/2021 - Change status of 'Consummation or Reimbursement Date Validation Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Consummation or Reimbursement Date Validation Test' from Material to Non-Material.; 12/14/2021 - Cleared

Waiver

Client

XXX

RATE22J10583

$1,079,600.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/7/2021

12/14/2021

12/14/2021 - Change status of 'Charges That Cannot Increase Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Charges That Cannot Increase Test' from Material to Non-Material.; 12/14/2021 - Cleared

Waiver

Client

XXX

RATE22J10583

$1,079,600.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/7/2021

12/14/2021

12/14/2021 - Change status of 'Reimbursement Amount Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Reimbursement Amount Test' from Material to Non-Material.; 12/14/2021 - CLeared

Waiver

Client

XXX

RATE22J10583

$1,079,600.00

Cleared

Credit

1247

AUS is Missing

12/7/2021

12/07/2021 - The AUS is Missing;

12/14/2021

12/14/2021 - The AUS is received.

XXX

RATE22J10583

$1,079,600.00

Cleared

Property

2213

Third Party Valuation Product not Provided.

12/7/2021

12/07/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/14/2021

12/14/2021 - Third Party Valuation Product Provided

XXX

RATE22J10583

$1,079,600.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/7/2021

12/07/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q.;

12/14/2021

12/14/2021 - na; 12/14/2021 - The exception 'ATR/QM Status is Pending' is cleared.

XXX

RATE22J10584

$600,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

12/2/2021

12/02/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $284,905.86. The disclosed finance charge of $285,055.86 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/02/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $285,055.86. The disclosed finance charge of $285,055.86 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/02/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $285,055.86. The disclosed finance charge of $284,102.99 is not considered accurate because it is understated by more than $100.;

12/09/2021

12/09/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $283,235.99. The disclosed finance charge of $285,055.86 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/09/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $285,100.36. The disclosed finance charge of $285,055.86 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/09/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $286,143.36. The disclosed finance charge of $285,055.86 is not considered accurate because it is understated by more than $100.; 12/09/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $286,205.86. The disclosed finance charge of $285,055.86 is not considered accurate because it is understated by more than $100.; 12/09/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $286,195.86. The disclosed finance charge of $285,055.86 is not considered accurate because it is understated by more than $100.

XXX

RATE22J10584

$600,000.00

Cleared

Compliance

-98777

Prohibited Fees Test

12/2/2021

12/02/2021 - This loan failed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does charge fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points;

12/09/2021

12/09/2021 - This loan passed the prohibited fees test. (N.J.S.A. §17:11C-74, N.J.A.C. §§3:1-16.2)The loan does not charge a fee(s) not provided for in this act, which is prohibited.A mortgage broker shall have the right to charge only the following fees: (1) application fee; and (2) a broker fee.A mortgage lender shall have the right to charge only the following fees:Application feeOrigination FeeLock in feeCommitment FeeWarehouse FeeDiscount Points

XXX

RATE22J10584

$600,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/9/2021

12/09/2021

12/09/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10584

$600,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/2/2021

12/09/2021

12/09/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $62.50.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10584

$600,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/2/2021

12/02/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/09/2021

XXX

RATE22J10584

$600,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/2/2021

12/02/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/09/2021

12/09/2021 - na; 12/09/2021 - Third Party Valuation Product Provided

XXX

RATE22J10585

$1,180,000.00

Cleared

Compliance

-98542

Prohibited Fees Test

12/8/2021

12/08/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

12/14/2021

12/14/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.; 12/14/2021 - Exception Cleared.

Borrower 1 has significant job time - Borrower has 9.20 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 2.11 years ; Borrower has stable job time - Borrower has 9.20 years at job.

XXX

RATE22J10585

$1,180,000.00

Cleared

Compliance

-96468

Initial Closing Disclosure Delivery Date Test

12/8/2021

12/08/2021 - This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.;

12/14/2021

XXX

RATE22J10585

$1,180,000.00

Cleared

Compliance

-96391

TRID Consummation Date and Closing / Settlement Date Validation Test

12/8/2021

12/14/2021

12/14/2021 - This compliance test 'TRID Consummation Date and Closing / Settlement Date Validation Test' is no longer tested; 12/14/2021 - Exception cleared.

XXX

RATE22J10585

$1,180,000.00

Cleared

Compliance

-96379

TRID Post-Consummation Revised Closing Disclosure Date and Consummation Date Validation Test

12/8/2021

12/08/2021 - This loan failed the TRID post-consummation revised closing date and consummation date validation test.This loan contains a post-consummation revised closing disclosure delivery date that is before the consummation date, or closing/settlement date if consummation date was not provided. Please review the loan data to ensure the dates are in the correct fields.;

12/14/2021

12/14/2021 - This compliance test 'TRID Post-Consummation Revised Closing Disclosure Date and Consummation Date Validation Test' is no longer tested; 12/14/2021 - Exception Cleared.

XXX

RATE22J10585

$1,180,000.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/8/2021

12/14/2021

12/14/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested; 12/14/2021 - Exception Cleared.

XXX

RATE22J10585

$1,180,000.00

Cleared

Credit

1245

Transmittal Summary is Missing

12/8/2021

12/08/2021 - The transmittal summary is Missing;

12/14/2021 - Lender provided Transmittal Summary.; 12/14/2021 - Change status of 'Transmittal Summary is Missing' from Active to Open Rebuttal.;

12/14/2021

12/14/2021 - Exception cleared.; 12/14/2021 - The transmittal summary is Present

XXX

RATE22J10586

$1,255,000.00

Cleared

Compliance

-98542

Prohibited Fees Test

12/6/2021

12/06/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

12/14/2021

12/14/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.

Borrower 1 has significant job time - Borrower has 21.00 years on job ; Borrower has stable job time - Borrower has 21.11 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 73.12 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10586

$1,255,000.00

Cleared

Compliance

1852

Incorrect rescission model used - RTC form model H-9 used for refinance not with Original Lender or Lender Affiliate

12/14/2021

12/14/2021 - Incorrect rescission model used - RTC form modelH-9 used for refinance not with Original Lender or Lender Affiliate ;

12/14/2021

12/14/2021 - RTC form modelH-8 used for No

XXX

RATE22J10586

$1,255,000.00

Cleared

Compliance

1858

Incorrect rescission model used - RTC form model G-5 or G-7 used for non-HELOC loan

12/6/2021

12/06/2021 - na; 12/06/2021 - Incorrect rescission model used - RTC form model G-7 used for non-HELOC loan; 12/06/2021 - Correct rescission model used.;

12/14/2021

12/14/2021 - Correct rescission model used.

XXX

RATE22J10586

$1,255,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/6/2021

12/06/2021 - na; 12/06/2021 - Third Party Valuation Product Not Provided and CU Score is 2.90.; 12/06/2021 - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5' from Active to Acknowledged by Client.;

12/14/2021

12/14/2021 - Third Party Valuation Product Provided.

XXX

RATE22J10586

$1,255,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/6/2021

12/06/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/14/2021

12/14/2021 - Third Party Valuation Product Provided

XXX

RATE22J10586

$1,255,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/6/2021

12/20/2021

12/20/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/14/2021 - Change status of 'Consummation or Reimbursement Date Validation Test' from Active to Rejected by Client.; 12/14/2021 - Transfer Taxes are based on Sales Price/Property Value vs. Loan Amount. As a result, transfer taxes should have been disclosed to the Borrower on the initial LE yet were reflected as $0 and the final CD shows a charge of $871.75. A COC cannot be used to add or increase transfer taxes. The file does not reflect a credit or reimbursement to the borrower for the increase in transfer taxes.

XXX

RATE22J10586

$1,255,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/6/2021

12/20/2021

12/20/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/20/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $1,046.75.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/20/2021 - Change status of 'Charges That Cannot Increase Test' from Active to Rejected by Client.; 12/14/2021 - The lender added a fee for transfer taxes for $871.75 that was missing from the Initial LE. A change of circumstance cannot fix this issue and this must be cured to the borrower. This is a refinance that requires transfer taxes on the initial LE.

XXX

RATE22J10586

$1,255,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/6/2021

12/20/2021

12/20/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($1,855.00) do not exceed the comparable charges ($1,734.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 12/20/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($1,855.00) exceed the comparable charges ($1,355.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 12/20/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($1,396.00) do not exceed the comparable charges ($1,684.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 12/14/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($1,680.00) do not exceed the comparable charges ($1,734.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

XXX

RATE22J10586

$1,255,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/6/2021

12/06/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $871.75.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/20/2021

XXX

RATE22J10586

$1,255,000.00

Cleared

Compliance

-96288

Per Diem Interest Amount Test

12/6/2021

12/06/2021 - This loan passed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($-296.55) does not exceed the per diem interest charge or credit threshold ($-199.46).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.;

12/20/2021

12/20/2021 - This loan passed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($-399.92) does not exceed the per diem interest charge or credit threshold ($-399.92).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.; 12/20/2021 - This loan failed the per diem interest amount test. (CA Bus. Prof. Code §2948.5)The per diem interest amount charged on the loan ($-395.40) exceeds the per diem interest charge or credit threshold ($-399.92).PLEASE NOTE: An additional $1 buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.

XXX

RATE22J10587

$1,220,000.00

Cleared

Credit

1462

Liquid Reserves are less than Guidelines Required

12/8/2021

12/08/2021 - Liquid reserves of 10.57 months are less than the Guidelines minimum required of 12 months. ;

12/14/2021

12/14/2021 - The liquid reserves of 19.57 months or $131679.58, is greater than or equal to the Guidelines minimum required of 12.00 or $80729.71.

Original LTV is Below the Guideline Maximum - Calculated LTV of 53.28 is less than Guideline LTV of 75.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 53.28 is less than Guideline CLTV of 75.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 797 is Greater than the Guideline Minimum of 720. ; Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10588

$1,082,240.00

Cleared

Compliance

-96585

High-Cost Mortgage Date the Rate Was Set Validation Test

12/7/2021

12/07/2021

12/07/2021 - This compliance test 'High-Cost Mortgage Date the Rate Was Set Validation Test' is no longer tested

XXX

RATE22J10588

$1,082,240.00

Cleared

Compliance

-96387

TRID Disclosure Delivery and Receipt Date Validation Test

12/7/2021

12/07/2021

12/07/2021 - This compliance test 'TRID Disclosure Delivery and Receipt Date Validation Test' is no longer tested

XXX

RATE22J10589

$1,180,000.00

Acknowledged

Compliance

-96660

TILA Financing of Credit Insurance Test

12/8/2021

12/08/2021 - This loan failed the TILA Financing of Single Premium Credit Insurance Test. (12 CFR §1026.36 (i))This loan financed at least one single premium credit insurance. A creditor may not finance, directly or indirectly, any premiums or fees for credit insurance in connection with a consumer credit transaction secured by a dwelling (including a home equity line of credit secured by the consumer's principal dwelling). This prohibition does not apply to credit insurance for which premiums or fees are calculated and paid in full on a monthly basis. 'Credit insurance' means credit life, credit disability, credit unemployment, or credit property insurance, or any other accident, loss-of income, life, or health insurance, or any payments directly or indirectly for any debt cancellation or suspension agreement or contract.;

12/14/2021

12/14/2021 - Change status of 'TILA Financing of Credit Insurance Test' from Active to Acknowledged by Client.;

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 21.16 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 787 is Greater than the Guideline Minimum of 720. ; Borrower has stable job time - Borrower has 2.10 years at job.

XXX

RATE22J10589

$1,180,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10589

$1,180,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/14/2021

XXX

RATE22J10589

$1,180,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/8/2021

12/08/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($363.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

XXX

RATE22J10589

$1,180,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/14/2021

XXX

RATE22J10589

$1,180,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/6/2021

12/06/2021 - Property is located in a FEMA disaster area with no post disaster inpection;

12/14/2021

Waiver

Client

XXX

RATE22J10589

$1,180,000.00

Cleared

Compliance

3531

Higher-Priced Mortgage Loan Evidence of Appraisal Delivery to the Borrower Not Provided (12 CFR 1026.35(c)(6)).

12/6/2021

12/06/2021 - Evidence of Appraisal Delivery to the Borrower Not Provided.;

12/14/2021

12/14/2021 - na; 12/14/2021 - Evidence of Appraisal Delivery to the Borrower Provided.

XXX

RATE22J10590

$1,150,000.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

12/3/2021

12/03/2021 - The security instrument indicator is Missing;

12/09/2021

12/09/2021 - na; 12/09/2021 - The security instrument indicator is Present

Original LTV is Below the Guideline Maximum - Calculated LTV of 43.40 is less than Guideline LTV of 75.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 43.40 is less than Guideline CLTV of 75.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 786 is Greater than the Guideline Minimum of 740. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 65.93 months or $451606.12 are greater than the Guideline Minimum of 18.00 or $123292.08. ; Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 10.05 years

XXX

RATE22J10591

$1,028,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area with no post disaster inpection. FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 0909/2021 and shows no damage. Exception is for informational purposes only. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 7.90 years ; Borrower has stable job time - Borrower has 10.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 136.08 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10593

$1,166,378.00

Cleared

Compliance

1851

Incorrect rescission model used - RTC form model H-8 used for Same Lender or Lender Affiliate Refinance

12/7/2021

12/07/2021 - Incorrect rescission model used - RTC form modelH-8 used for Same Lender or Lender Affiliate Refinance ;

12/20/2021

12/20/2021 - Rebuttal received/reviewed, no new money - conditioni cleared. ; 12/20/2021 - Correct recission model form provided.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 24.57 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 64.80 is less than Guideline LTV of 89.99. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 64.80 is less than Guideline CLTV of 89.99. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 768 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 254.76 months or $1681392.01 are greater than the Guideline Minimum of 6.00 or $39599.94. ; Borrower has stable job time - Borrower has 3.06 years at job.

XXX

RATE22J10594

$742,400.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/7/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/15/2021 - Rebuttal received/reviewed-condition cleared.

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 282.18 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10594

$742,400.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/7/2021

12/07/2021 - Initial LE dated 8/XX/21 reflecting loan was already locked did not show a Loan Discount fee yet the final CD dated 9/XX/21 reflects a Loan Discount fee of $8,047.62 . Missing valid change of circumstance or evidence of reimbursement to the borrower for the increase in fee.; 12/07/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $8,047.62.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/15/2021

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 282.18 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10594

$742,400.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/7/2021

12/07/2021 - Initial LE dated 8/XX/21 reflecting loan was already locked did not show a Loan Discount fee yet the final CD dated 9/XX/21 reflects a Loan Discount fee of $8,047.62 . Missing valid change of circumstance or evidence of reimbursement to the borrower for the increase in fee.; 12/07/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $8,047.62.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/15/2021

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 282.18 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10597

$768,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/3/2021

12/03/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (hurricane) on 9/5/2021, incident occurred on 9/1/2021. The appraisal in file is dated 9/16/2021 and shows no damage. Exception is for informational purposes only.;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 31.35 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 788 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 105.08 months or $425551.46 are greater than the Guideline Minimum of 6.00 or $24299.41. ; Borrower 1 has significant job time - Borrower has 6.75 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 4.16 years ; Borrower has stable job time - Borrower has 6.75 years at job.

XXX

RATE22J10597

$768,000.00

Acknowledged

Compliance

-98777

Prohibited Fees Test

12/3/2021

12/09/2021

12/09/2021 - Change status of 'Prohibited Fees Test' from Active to Acknowledged by Client.; 12/08/2021 - Acknowledged

Waiver

Client

XXX

RATE22J10599

$719,200.00

Cleared

Compliance

-97466

Home Loan

12/7/2021

12/08/2021 - NA; 12/08/2021 - Change severity of 'Home Loan' from Material to Non-Material.; 12/08/2021 - Change status of 'Home Loan' from Active to Acknowledged by Client.; 12/07/2021 - Home Loan (NY SB 8143 Section 5, 1(d))

12/8/2021

12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Non-Material to Material.; 12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Material to Non-Material.;

Waiver

Client

Borrower has stable job time - Borrower has 2.40 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 203387.29 are greater than the Guideline Minimum of 0.00.

XXX

RATE22J10599

$719,200.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/7/2021

12/07/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. Provide Fraud report with the appraiser and appraisal company used included. Provide signed and dated balance sheet for XXX llc from 1/1/21 - 9/3/21;

12/14/2021

12/14/2021 - Cleared; 12/14/2021 - The exception 'ATR/QM Status is Pending' is cleared.

XXX

RATE22J10599

$719,200.00

Cleared

Credit

3582

Balance Sheet Does Not Meet Guidelines

12/7/2021

12/07/2021 - Balance Sheet Does Not Meet Guidelines.Nalance sheet is not in the file;

12/22/2021

12/22/2021 - cleared; 12/22/2021 - The exception 'Balance Sheet Does Not Meet Guidelines' is cleared.

XXX

RATE22J10600

$1,160,000.00

Acknowledged

Compliance

1224

Homeownership Counseling Disclosure is Missing

12/6/2021

12/08/2021 - B Grade; 12/08/2021 - Change status of 'Homeownership Counseling Disclosure is Missing' from Active to Acknowledged by Client.; 12/06/2021 - The homeownership disclosure is Missing;

12/8/2021

12/08/2021 - Change status of 'Homeownership Counseling Disclosure is Missing' from Active to Acknowledged by Client.;

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 24.03 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 763 is Greater than the Guideline Minimum of 680.

XXX

RATE22J10600

$1,160,000.00

Acknowledged

Compliance

1686

Cal. Fin. Code § 4973(k) - Consumer Caution and Home Ownership Counseling Notice Disclosure was not provided

12/6/2021

12/08/2021 - Change severity of 'Cal. Fin. Code § 4973(k) - Consumer Caution and Home Ownership Counseling Notice Disclosure was not provided' from Material to Non-Material.; 12/08/2021 - NA; 12/08/2021 - Change status of 'Cal. Fin. Code § 4973(k) - Consumer Caution and Home Ownership Counseling Notice Disclosure was not provided' from Active to Acknowledged by Client.; 12/06/2021 - Cal. Fin. Code § 4973(k) - Consumer Caution and Home Ownership Counseling Notice Disclosure was not provided;

12/8/2021

12/08/2021 - Change severity of 'Cal. Fin. Code § 4973(k) - Consumer Caution and Home Ownership Counseling Notice Disclosure was not provided' from Material to Non-Material.;

Waiver

Client

XXX

RATE22J10602

$943,400.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/2/2021

12/02/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/14/2021

12/14/2021 - Third Party Valuation Product Provided

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 20.57 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 778 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 33.10 months or $197156.78 are greater than the Guideline Minimum of 6.00 or $35735.18. ; Borrower has more than 2 years at current residence - Borrower at current residence 2.25 years ; Borrower has stable job time - Borrower has 3.00 years at job.

XXX

RATE22J10603

$1,119,108.00

Cleared

Compliance

-96633

RESPA Homeownership Counseling Organizations Disclosure Date Test

11/23/2021

11/23/2021 - Dates are per documentation in the file.; 11/23/2021 - This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on Labor Day (09/06/2021)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.Please note: This test does not validate the content of any list of homeownership counseling organizations.;

11/29/2021

11/29/2021 - This loan passed the homeownership counseling organizations disclosure date test. ( 12 CFR §1024.20(a) )The loan has a homeownership counseling organizations disclosure date that is within three business days of the loan originator's application date, and the homeownership counseling organizations disclosure date is on or before the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than 30 days prior to the time when the list is provided to the loan applicant from either:(1)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(2)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1024.2(b) and as it relates to §1024.20 (list of homeownership counseling organizations provided not later than 3 business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.Please note: This test does not validate the content of any list of homeownership counseling organizations.

Borrower has stable job time - Borrower has 2.08 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 316755.73 are greater than the Guideline Minimum of 0.00.

XXX

RATE22J10603

$1,119,108.00

Cleared

Compliance

-96485

Initial Loan Estimate Delivery Date Test (from application)

11/23/2021

11/23/2021 - Dates are per documentation in the file.; 11/23/2021 - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayAs not being open on Labor Day (09/06/2021)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.;

11/29/2021

11/29/2021 - This loan passed the initial loan estimate delivery date test (from application).( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.; 11/29/2021 - Change severity of 'Initial Loan Estimate Delivery Date Test (from application)' from Material to Non-Material.

XXX

RATE22J10603

$1,119,108.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

11/23/2021

11/29/2021

11/29/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 11/29/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $200.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10603

$1,119,108.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

11/23/2021

11/23/2021 - Charges did increase more than 10% from the initial LE.; 11/23/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($350.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

11/29/2021

11/29/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($2,055.00) do not exceed the comparable charges ($2,035.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 11/29/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($2,055.00) exceed the comparable charges ($1,835.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).; 11/29/2021 - This loan passed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($350.00) do not exceed the comparable charges ($350.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).

XXX

RATE22J10603

$1,119,108.00

Cleared

Compliance

-96162

Written List of Service Providers Disclosure Date Test

11/23/2021

11/23/2021 - This loan failed the written list of service providers disclosure date test for one or more of the following reasons: ( 12 CFR §1026.19(e)(1)(vi) )The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii).; 11/23/2021 - Dates are per documentation in the file.;

11/29/2021

11/29/2021 - This loan passed the written list of service providers disclosure date test due to the following reasons: ( 12 CFR §1026.19(e)(1)(vi) )The written list of service providers disclosure date is not less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; andThe written list of service providers disclosure date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or mortgage broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii).

XXX

RATE22J10605

$1,090,500.00

Acknowledged

Compliance

1851

Incorrect rescission model used - RTC form model H-8 used for Same Lender or Lender Affiliate Refinance

11/18/2021

11/19/2021 - Change status of 'Incorrect rescission model used - RTC form model H-8 used for Same Lender or Lender Affiliate Refinance ' from Active to Acknowledged by Client.; 11/19/2021 - Change severity of 'Incorrect rescission model used - RTC form model H-8 used for Same Lender or Lender Affiliate Refinance ' from Material to Non-Material.; 11/19/2021 - B- Grade; 11/18/2021 - Incorrect rescission model used - RTC form modelH-8 used for Same Lender or Lender Affiliate Refinance ;

11/19/2021

01/05/2022 - Property is located in a state there the finding is deemed non-material. Final grade is a B. 11/19/2021 - Change status of 'Incorrect rescission model used - RTC form model H-8 used for Same Lender or Lender Affiliate Refinance ' from Active to Acknowledged by Client.

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 29.88 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 62.31 is less than Guideline LTV of 89.99. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 62.31 is less than Guideline CLTV of 89.99. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 771 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 76.76 months or $455196.51 are greater than the Guideline Minimum of 6.00 or $35578.46. ; Borrower 1 has significant job time - Borrower has 20.98 years on job ; Borrower has stable job time - Borrower has 20.98 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10605

$1,090,500.00

Cleared

Credit

651

Borrower Liabilities Verification Indicator is Partial

11/18/2021

11/18/2021 - Borrower liabilities verified indicator is Partial. P&L statement for XXX LLC was not provided. ;

11/29/2021

11/29/2021 - Cleared; 11/29/2021 - Borrower liabilities verified indicator is Not Applicable

XXX

RATE22J10606

$944,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area with no post disaster inpection. FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 10/11/2021 and shows no damage. Exception is for informational purposes only. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage; 12/08/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 762 is Greater than the Guideline Minimum of 680. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.11 years

XXX

RATE22J10607

$714,705.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

12/7/2021

12/07/2021 - The home loan toolket is Missing;

12/08/2021

12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.

Waiver

Client

Borrower has stable job time - Borrower has 2.50 years at job.

XXX

RATE22J10607

$714,705.00

Acknowledged

Compliance

-96660

TILA Financing of Credit Insurance Test

12/8/2021

12/14/2021

Waiver

Client

Borrower has stable job time - Borrower has 2.50 years at job.

XXX

RATE22J10607

$714,705.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/14/2021

Borrower has stable job time - Borrower has 2.50 years at job.

XXX

RATE22J10608

$1,250,400.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/6/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 16.76 is less than the Guideline DTI of 43.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of ___ is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 772 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 24.50 months or $192423.75 are greater than the Guideline Minimum of 6.00 or $47115.70. ; Borrower 1 has significant job time - Borrower has 27.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 15.50 years ; Borrower has stable job time - Borrower has 27.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10608

$1,250,400.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/6/2021

12/14/2021

XXX

RATE22J10608

$1,250,400.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/6/2021

12/14/2021

XXX

RATE22J10608

$1,250,400.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/6/2021

12/06/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $972.50.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/14/2021

XXX

RATE22J10609

$1,693,750.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 09/22/2021 and shows no damage. Exception is for informational purposes only.

;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 23.44 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 62.73 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 62.73 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 802 is Greater than the Guideline Minimum of 740. ; Borrower 1 has significant job time - Borrower has 26.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 7.00 years ; Borrower has stable job time - Borrower has 26.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10609

$1,693,750.00

Cleared

Compliance

927

Security Instrument Indicator is Missing

12/8/2021

12/08/2021 - The security instrument indicator is Missing;

12/14/2021

12/14/2021 - na; 12/14/2021 - The security instrument indicator is Present

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 23.44 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 62.73 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 62.73 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 802 is Greater than the Guideline Minimum of 740. ; Borrower 1 has significant job time - Borrower has 26.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 7.00 years ; Borrower has stable job time - Borrower has 26.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10611

$1,208,000.00

Cleared

Compliance

-99196

CA AB 489/344 Consumer Loan Single Premium Credit Insurance Test

12/14/2021

12/14/2021 - This loan failed the single premium credit insurance test.

(CA AB 344 §9 [CA FC §4979.7])

The consumer loan finances credit life, credit disability, credit property, or credit unemployment insurance premiums, or debt cancellation or suspension agreement fees.;

12/14/2021

12/14/2021 - This loan passed the single premium credit insurance test.

(CA AB 344 §9 [CA FC §4979.7])

XXX

RATE22J10611

$1,208,000.00

Cleared

Compliance

-96660

TILA Financing of Credit Insurance Test

12/14/2021

XXX

RATE22J10611

$1,208,000.00

Cleared

Compliance

-96468

Initial Closing Disclosure Delivery Date Test

12/14/2021

12/14/2021 - This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.;

12/14/2021

XXX

RATE22J10611

$1,208,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/14/2021 - Exception Cleared.

XXX

RATE22J10611

$1,208,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/14/2021

XXX

RATE22J10611

$1,208,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/14/2021

XXX

RATE22J10611

$1,208,000.00

Cleared

Credit

1245

Transmittal Summary is Missing

12/7/2021

12/07/2021 - The transmittal summary is Missing;

12/14/2021 - Lender provided 1008.; 12/14/2021 - Change status of 'Transmittal Summary is Missing' from Active to Open Rebuttal.;

12/14/2021

12/14/2021 - The transmittal summary is Present

XXX

RATE22J10611

$1,208,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area with no post disaster inpection;

12/14/2021

12/14/2021 - Post disaster inspection confirms no property damage

XXX

RATE22J10611

$1,208,000.00

Cleared

Property

2957

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

12/8/2021

12/08/2021 - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection;

12/14/2021

12/14/2021 - Post Disaster Inspection provided

XXX

RATE22J10611

$1,208,000.00

Cleared

Compliance

3531

Higher-Priced Mortgage Loan Evidence of Appraisal Delivery to the Borrower Not Provided (12 CFR 1026.35(c)(6)).

12/8/2021

12/08/2021 - Evidence of Appraisal Delivery to the Borrower Not Provided.;

12/14/2021

12/14/2021 - Evidence of Appraisal Delivery to the Borrower Provided.

XXX

RATE22J10611

$1,208,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/8/2021

12/08/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q.;

12/14/2021

12/14/2021 - N/A.

XXX

RATE22J10614

$652,000.00

Cleared

Compliance

-96485

Initial Loan Estimate Delivery Date Test (from application)

12/7/2021

12/07/2021 - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $0, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.;

12/15/2021

12/15/2021 - This loan passed the initial loan estimate delivery date test (from application).( 12 CFR §1026.19(e)(1)(iii)(A) )The initial loan estimate delivery date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(1)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under §1026.19(e)(1)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

Borrower 1 has significant job time - Borrower has 14.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 3.00 years ; Borrower has stable job time - Borrower has 14.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10614

$652,000.00

Cleared

Compliance

-96468

Initial Closing Disclosure Delivery Date Test

12/7/2021

12/15/2021

XXX

RATE22J10614

$652,000.00

Cleared

Compliance

-96391

TRID Consummation Date and Closing / Settlement Date Validation Test

12/7/2021

12/15/2021

12/15/2021 - This compliance test 'TRID Consummation Date and Closing / Settlement Date Validation Test' is no longer tested

XXX

RATE22J10614

$652,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/7/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10614

$652,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/7/2021

12/15/2021

XXX

RATE22J10614

$652,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/7/2021

12/15/2021

XXX

RATE22J10614

$652,000.00

Cleared

Compliance

-96162

Written List of Service Providers Disclosure Date Test

12/7/2021

12/07/2021 - This loan failed the written list of service providers disclosure date test for one or more of the following reasons: ( 12 CFR §1026.19(e)(1)(vi) )The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public holidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.19(e)(1)(e)(1)(iii) §1026.2(a)(6) and as it relates to §1026.19(a)(1)(vi) (which references the timing requirements for the loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneAs not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least one available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §1026.19(e)(1)(e)(1)(i) but in accordance with the timing requirements in §1026.19(e)(1)(e)(1)(iii).;

12/15/2021

XXX

RATE22J10614

$652,000.00

Cleared

Compliance

-97746

MN Date the Rate Was Set Validation Test

12/7/2021

12/07/2021 - This loan failed the date the rate was set validation test.This loan did not provide the date the rate was set.;

12/20/2021

12/20/2021 - This compliance test 'MN Date the Rate Was Set Validation Test' is no longer tested

XXX

RATE22J10614

$652,000.00

Cleared

Compliance

-96585

High-Cost Mortgage Date the Rate Was Set Validation Test

12/7/2021

12/20/2021

12/20/2021 - This compliance test 'High-Cost Mortgage Date the Rate Was Set Validation Test' is no longer tested

XXX

RATE22J10614

$652,000.00

Cleared

Compliance

2353

Evidence of Rate Lock Not Provided

12/7/2021

12/07/2021 - Evidence of Rate Lock Not Provided;

12/20/2021

12/20/2021 - Evidence of Rate Lock Provided

XXX

RATE22J10615

$898,999.00

Cleared

Compliance

-98777

Prohibited Fees Test

12/8/2021

12/14/2021

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 779 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 92.95 months or $497714.22 are greater than the Guideline Minimum of 12.00 or $64258.04.

XXX

RATE22J10615

$898,999.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/14/2021

XXX

RATE22J10615

$898,999.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/14/2021

XXX

RATE22J10615

$898,999.00

Cleared

Credit

1904

Hazard Insurance Coverage is Not Sufficient

12/8/2021

12/08/2021 - Hazard insurance coverage of 733000.00 is not sufficient. The subject loan amount is 898999.00 with the hazard insurance replacement coverage of No and estimated replacement value of XXX.;

12/14/2021

12/14/2021 - na; 12/14/2021 - Hazard insurance coverage is 733000.00, the subject loan amount is 898999.00 with the hazard insurance replacement coverage of No and estimated replacement value ofXXXX.

XXX

RATE22J10615

$898,999.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area with no post disaster inpection;

12/14/2021

12/14/2021 - cleared; 12/14/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.

Waiver

Client

XXX

RATE22J10615

$898,999.00

Acknowledged

Credit

2427

Fraud Report Shows Uncleared Alerts

12/8/2021

12/08/2021 - Fraud report shows the following alerts that have not been cleared:The Alert for The property being on a FEMA declared disaster area, and borrower refinancing other properties in the last 18 months were not cleared. This caused an Auto refer for the Drive report. ;

12/14/2021

12/14/2021 - na; 12/14/2021 - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'Fraud Report Shows Uncleared Alerts' from Material to Non-Material.

Waiver

Client

XXX

RATE22J10616

$1,919,200.00

Cleared

Compliance

-96585

High-Cost Mortgage Date the Rate Was Set Validation Test

12/7/2021

12/14/2021

12/14/2021 - Change status of 'High-Cost Mortgage Date the Rate Was Set Validation Test' from Active to Acknowledged by Client.; 12/14/2021 - Change severity of 'High-Cost Mortgage Date the Rate Was Set Validation Test' from Material to Non-Material.; 12/14/2021 - cleared

Waiver

Client

Borrower 1 has significant job time - Borrower has 7.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 6.10 years ; Borrower has stable job time - Borrower has 7.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 452.31 are greater than the Guideline Minimum of 9.00.

XXX

RATE22J10616

$1,919,200.00

Cleared

Credit

651

Borrower Liabilities Verification Indicator is Partial

12/7/2021

12/07/2021 - Borrower liabilities verified indicator is Partial. There are two properties currently owned and do not show on credit. Provide verification both properties are owned free and clear.;

12/14/2021

12/14/2021 - Cleared; 12/14/2021 - Borrower liabilities verified indicator is Not Applicable

XXX

RATE22J10616

$1,919,200.00

Cleared

Compliance

2353

Evidence of Rate Lock Not Provided

12/7/2021

12/07/2021 - Evidence of Rate Lock Not Provided;

12/14/2021

12/14/2021 - na; 12/14/2021 - Evidence of Rate Lock Provided

XXX

RATE22J10616

$1,919,200.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/7/2021

12/07/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. There are two properties currently owned and do not show on credit. Provide verification both properties are owned free and clear.;

12/14/2021

12/14/2021 - Cleared; 12/14/2021 - The exception 'ATR/QM Status is Pending' is cleared.

XXX

RATE22J10619

$701,250.00

Cleared

Compliance

-98542

Prohibited Fees Test

12/7/2021

12/07/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

12/15/2021

12/15/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 780 is Greater than the Guideline Minimum of 700. ; Borrower has more than 2 years at current residence - Borrower at current residence 2.16 years

XXX

RATE22J10619

$701,250.00

Cleared

Compliance

-96468

Initial Closing Disclosure Delivery Date Test

12/7/2021

12/15/2021

XXX

RATE22J10619

$701,250.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/7/2021

12/15/2021

12/15/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested

XXX

RATE22J10619

$701,250.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/7/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10619

$701,250.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/7/2021

12/15/2021

XXX

RATE22J10621

$1,004,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area with no post disaster inpection. : FEMA declared XXX county in a disaster area (wildfires) on 08/14/2020, with a release date of 09/26/2020. The appraisal in file is dated 09/26/2020 and shows no damage. Exception is for informational purposes only. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 20.00 years on job ; Borrower has stable job time - Borrower has 15.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 28373.46 are greater than the Guideline Minimum of 0.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10621

$1,004,000.00

Cleared

Property

2957

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

12/8/2021

12/08/2021 - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection;

12/08/2021

12/08/2021 - Post Disaster Inspection provided

XXX

RATE22J10621

$1,004,000.00

Cleared

Compliance

-99953

TILA Right of Rescission Test

12/8/2021

12/14/2021

12/14/2021 - This loan passed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is not before the third business day following consummation.

XXX

RATE22J10621

$1,004,000.00

Cleared

Compliance

-96383

TRID Initial Closing Disclosure Date and Funding Date Validation Test

12/8/2021

12/08/2021 - This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields.;

12/14/2021

12/14/2021 - This compliance test 'TRID Initial Closing Disclosure Date and Funding Date Validation Test' is no longer tested

XXX

RATE22J10621

$1,004,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10621

$1,004,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/14/2021

XXX

RATE22J10621

$1,004,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/14/2021

XXX

RATE22J10621

$1,004,000.00

Cleared

Credit

2077

Fraud Report Missing

12/8/2021

12/08/2021 - Fraud report Missing.; 12/08/2021 - 3rd party fraud determination tool is needed.;

12/14/2021

12/14/2021 - na; 12/14/2021 - Fraud report Present.

XXX

RATE22J10621

$1,004,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

12/8/2021

12/08/2021 - Hazard insurance coverage of 585000.00 is not sufficent. The subject loan amount is 1004000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/14/2021

12/14/2021 - Hazard insurance coverage is sufficient.

XXX

RATE22J10621

$1,004,000.00

Cleared

Compliance

3567

Regulation § 1026.43(c)(2)(i) failure - The borrower(s) reasonably expected income or assets was not properly considered.

12/7/2021

12/07/2021 - The borrower(s) reasonably expected income or assets was not properly considered.;

12/14/2021

12/14/2021 - na; 12/14/2021 - The exception 'Regulation § 1026.43(c)(2)(i) failure - The borrower(s) reasonably expected income or assets was not properly considered.' is cleared.

XXX

RATE22J10623

$1,300,000.00

Cleared

Compliance

-99953

TILA Right of Rescission Test

12/8/2021

12/20/2021

12/20/2021 - This loan passed the TILA right of rescission test.Closed-end ( 12 CFR §1026.23(a)(3) , transferred from 12 CFR §226.23(a)(3) ), Open-end ( 12 CFR §1026.15(a)(3) , transferred from 12 CFR §226.15(a)(3) )The funding date is not before the third business day following consummation.

The consumer may exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by 12 CFR §1026.23 or §1026.15, or delivery of all material disclosures, whichever occurs last.; 12/14/2021 - The file is missing a PCCD or final ALTA statement reflecting the accurate disbursement date.

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 3.33 years ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10623

$1,300,000.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/20/2021

12/20/2021 - This loan failed the TRID post-consummation reason for redisclosure validation test.This loan contains a post-consummation revised closing disclosure delivery date but does not provide the reason for the redisclosure after consummation. The reason is required in order to audit post-consummation redisclosure timing tests.;

12/20/2021

12/20/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested

XXX

RATE22J10623

$1,300,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/20/2021

12/20/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; 12/14/2021 - The discount fee on the initial LE increased from $4,838.00 to $4,875.00 on the final CD without a valid changed circumstance provided. A $37.00 tolerance cure is required. Please provide LOE, PCCD, and evidence of refund to the borrower.

XXX

RATE22J10623

$1,300,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/20/2021

12/20/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $55.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/20/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $92.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/20/2021 - This loan passed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that do not exceed the good faith determination according to §1026.19(e)(3)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/20/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $0.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/14/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $37.00.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/14/2021 - The discount fee on the initial LE increased from $4,838.00 to $4,875.00 on the final CD without a valid changed circumstance provided. A $37.00 tolerance cure is required. Please provide LOE, PCCD, and evidence of refund to the borrower.

XXX

RATE22J10623

$1,300,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/8/2021

12/08/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($475.00) exceed the comparable charges ($395.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/20/2021

XXX

RATE22J10623

$1,300,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/20/2021

12/20/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $95.50, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/20/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $95.50, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $55.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/20/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $95.50, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $92.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/20/2021 - This loan passed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $0.00, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/20/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $0.25.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/20/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $92.25.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/14/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $37.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.; 12/14/2021 - The discount fee on the initial LE increased from $4,838.00 to $4,875.00 on the final CD without a valid changed circumstance provided. A $37.00 tolerance cure is required. Please provide LOE, PCCD, and evidence of refund to the borrower.

XXX

RATE22J10623

$1,300,000.00

Cleared

Credit

1245

Transmittal Summary is Missing

12/6/2021

12/06/2021 - The transmittal summary is Missing;

12/20/2021

12/20/2021 - Transmittal received/reviewed - condition cleared. ; 12/20/2021 - The transmittal summary is Present

XXX

RATE22J10624

$1,358,000.00

Cleared

Credit

896

Underwriting LTV exceeds Guideline Maximum Allowable

12/22/2021

12/22/2021 - Underwriting LTV of 74.41 is greater than the maximum allowable guideline LTV of 70.00 based on a loan amount of 1358000.00 and value used for LTV of 0.00.;

12/20/2021

12/20/2021 - Original LTV of 74.41 adheres to the guideline maximum LTV of 75.00.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 21.75 is less than the Guideline DTI of 43.00. ; Borrower has more than 2 years at current residence - Borrower at current residence 5.08 years ; Borrower has stable job time - Borrower has 5.00 years at job.

XXX

RATE22J10624

$1,358,000.00

Cleared

Credit

3605

Asset Documents are Incomplete

12/6/2021

12/06/2021 - Asset Documents are Incomplete: Missing the September statement for the borrowers Fidelity 401K account.;

12/20/2021

12/20/2021 - Docs in file

XXX

RATE22J10624

$1,358,000.00

Cleared

Credit

1246

Transmittal Summary is Partial

12/7/2021

12/07/2021 - The transmittal summary is Partial: MIssing 1008 to show that file is a cash-out refinance;

12/22/2021

12/22/2021 - The transmittal summary is Present; 12/20/2021 - Transmittal / 1008, Loan Approval, Mavent, and Closing Instructions all reflect subject was underwritten and submitted as a Limited Cash Out Refinance. However, the final Closing Disclosure confirms >$2,000 cash back to the borrower which is then considered a Cash Out Refinance. Please provide corrected documentation to confirm subject was underwritten and approved as a Cash Out Refinance vs. Limited Cash Out.

XXX

RATE22J10624

$1,358,000.00

Cleared

Credit

1462

Liquid Reserves are less than Guidelines Required

12/20/2021

12/22/2021 - The liquid reserves of 15.35 months or $115436.41, are less than the Guidelines minimum required of 16.00 or $120322.51.; 12/20/2021 - The liquid reserves of 11.09 months or $83383.47, are less than the Guidelines minimum required of 12.00 or $90241.88.; 12/20/2021 - The liquid reserves of 8.65 months or $65086.18, are less than the Guidelines minimum required of 12.00 or $90241.88.;

12/22/2021

12/22/2021 - The liquid reserves of 15.35 months or $115436.41, is greater than or equal to the Guidelines minimum required of 14.00 or $105282.19.; 12/22/2021 - The liquid reserves of 15.35 months or $115436.41, are less than the Guidelines minimum required of 16.00 or $120322.51.; 12/20/2021 - The liquid reserves of 15.35 months or $115436.41, is greater than or equal to the Guidelines minimum required of 12.00 or $90241.88.; 12/20/2021 - The liquid reserves of 11.09 months or $83383.47, are less than the Guidelines minimum required of 12.00 or $90241.88.; 12/20/2021 - The liquid reserves of 23.62 months or $177657.96, is greater than or equal to the Guidelines minimum required of 12.00 or $90241.88.; 12/20/2021 - The liquid reserves of 8.65 months or $65086.18, are less than the Guidelines minimum required of 12.00 or $90241.88.

XXX

RATE22J10624

$1,358,000.00

Cleared

Compliance

3551

ATR/QM Status is Pending

12/6/2021

12/06/2021 - ATR/QM Status is pending. Noted documentation is required per Appendix Q. MIssing Fidelity 401K statement . Missing COC to change from a Rate & term to a Cash-out;

12/22/2021

12/22/2021 - na; 12/22/2021 - The exception 'ATR/QM Status is Pending' is cleared.; 12/22/2021 - Changed to C/O guidelines; 12/20/2021 - Assets have been cleared. However, condition for missing COC changing loan from Limited Cash Out Refinance to a Cash Out refinance remains.

XXX

RATE22J10626

$980,000.00

Cleared

Credit

1430

FICO is less than the AUS Minimum Required

12/8/2021

12/08/2021 - The FICO of 0 is less than the minimum required per AUS of 805;

12/14/2021

12/14/2021 - Underwriting FICO of 805 is greater than or equql to the minimum required guideline FICO of ___. The FICO of 805 is not less than the minimum required per AUS of 805

Borrower 1 has significant job time - Borrower has 20.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 8.30 years ; Borrower has stable job time - Borrower has 20.00 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 205886.37 are greater than the Guideline Minimum of 0.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10626

$980,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

12/8/2021

12/08/2021 - Hazard insurance coverage of 475000.00 is not sufficent. The subject loan amount is 980000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/14/2021

12/14/2021 - Hazard insurance coverage is sufficient.

XXX

RATE22J10626

$980,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/8/2021

12/08/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/14/2021

12/14/2021 - Third Party Valuation Product Provided

XXX

RATE22J10628

$1,225,000.00

Acknowledged

Compliance

-98659

Prohibited Fees First Lien Test

12/5/2021

12/05/2021 - This loan failed the first lien prohibited fees test. (MRS § 408.052 1.)

The loan has fees that are prohibited for this license type.

12/09/2021

12/09/2021 - Change status of 'Prohibited Fees First Lien Test' from Active to Acknowledged by Client.; 12/09/2021 - Change severity of 'Prohibited Fees First Lien Test' from Material to Non-Material.; 12/09/2021 - Audit reviewed Lenders response and re-reviewed file. Condition rescinded.

Waiver

Client

Borrower has more than 2 years at current residence - Borrower at current residence 6.30 years ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 68.49 are greater than the Guideline Minimum of 6.00.

XXX

RATE22J10629

$620,000.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

12/6/2021

12/06/2021 - The home loan toolket is Missing;

12/08/2021

12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 31.12 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 787 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 188.05 months or $646971.28 are greater than the Guideline Minimum of 6.00 or $20642.98.

XXX

RATE22J10629

$620,000.00

Cleared

Compliance

-96464

Initial Closing Disclosure Delivery Date and Changed Circumstances Date Test

12/6/2021

12/06/2021 - This loan failed the initial closing disclosure delivery date and changed circumstances date test. ( 12 CFR §1026.19(e)(3)(iv)(A) - (C), (E), (F) , and (D) as amended in 2015 , and 12 CFR §1026.19(e)(4)(i) )The initial closing disclosure delivery date is either:Later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor receives information sufficient to establish that a changed circumstance has occurred; orBefore the creditor receives information sufficient to establish that a changed circumstance has occurred.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(4)(i) (revised loan estimate disclosure) and §1026.19(e)(4)(ii) (relationship to closing disclosure).This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneIf a creditor uses a revised estimate for the purpose of determining good faith for the zero tolerance and 10% tolerance categories under §1026.19(e)(3)(i) and (ii), the creditor shall provide a revised version of the disclosures required under §1026.19(e)(1)(i) reflecting the revised estimate either:Within three business days of receiving information sufficient to establish that one of the reasons for revision provided under §1026.19(e)(3)(iv)(A) through (C), (E) and (F) applies; orNo later than three business days after the date the interest rate is locked, for revision provided under §1026.19(e)(3)(iv)(D). The revised version of the disclosures required under §1026.19(e)(1)(i) shall contain the revised interest rate, the points disclosed pursuant to §1026.37(f)(1), lender credits, and any other interest rate dependent charges and terms.Official Interpretations12 C.F.R. §1026.19(e)(4)(ii)Relationship to disclosures required under §1026.19(f)(1)(i).Revised disclosures may not be delivered at the same time as the Closing Disclosure. §1026.19(e)(4)(ii) prohibits a creditor from providing a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i)...However, if a creditor uses a revised estimate pursuant to § 1026.19(e)(3)(iv) for the purpose of determining good faith under § 1026.19(e)(3)(i) and (ii), § 1026.19(e)(4)(i) permits the creditor to provide the revised estimate in the disclosures required under § 1026.19(f)(1)(i) (including any corrected disclosures provided under § 1026.19(f)(2)(i) or (ii)).;

12/14/2021

12/14/2021 - This compliance test 'Initial Closing Disclosure Delivery Date and Changed Circumstances Date Test' is no longer tested

XXX

RATE22J10629

$620,000.00

Cleared

Compliance

-96455

Revised Closing Disclosure Delivery Date and Changed Circumstances Date Test

12/6/2021

12/06/2021 - This loan failed the revised closing disclosure delivery date and changed circumstances date test. ( 12 CFR §1026.19(e)(3)(iv)(A) - (C), (E), (F) , and (D) as amended in 2015 , 12 CFR §1026.19(e)(4)(i) )The revised closing disclosure delivery date is either:Later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor receives information sufficient to establish that a changed circumstance has occurred; orBefore the creditor receives information sufficient to establish that a changed circumstance has occurred.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §1026.2(a)(6) and as it relates to §1026.19(e)(4)(i) (revised loan estimate disclosure) and §1026.19(e)(4)(ii) (relationship to closing disclosure). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneIf a creditor uses a revised estimate for the purpose of determining good faith for the zero tolerance and 10% tolerance categories under §1026.19(e)(3)(i) and (ii), the creditor shall provide a revised version of the disclosures required under §1026.19(e)(1)(i) reflecting the revised estimate either:Within three business days of receiving information sufficient to establish that one of the reasons for revision provided under §1026.19(e)(3)(iv)(A) through (C), (E) and (F) applies; orNo later than three business days after the date the interest rate is locked, for revision provided under §1026.19(e)(3)(iv)(D). The revised version of the disclosures required under §1026.19(e)(1)(i) shall contain the revised interest rate, the points disclosed pursuant to §1026.37(f)(1), lender credits, and any other interest rate dependent charges and terms.Official Interpretations12 C.F.R. §1026.19(e)(4)(ii)Relationship to disclosures required under §1026.19(f)(1)(i).Revised disclosures may not be delivered at the same time as the Closing Disclosure. §1026.19(e)(4)(ii) prohibits a creditor from providing a revised version of the disclosures required under §1026.19(e)(1)(i) on or after the date on which the creditor provides the disclosures required under §1026.19(f)(1)(i)...However, if a creditor uses a revised estimate pursuant to § 1026.19(e)(3)(iv) for the purpose of determining good faith under § 1026.19(e)(3)(i) and (ii), § 1026.19(e)(4)(i) permits the creditor to provide the revised estimate in the disclosures required under § 1026.19(f)(1)(i) (including any corrected disclosures provided under § 1026.19(f)(2)(i) or (ii)).;

12/14/2021

12/14/2021 - This compliance test 'Revised Closing Disclosure Delivery Date and Changed Circumstances Date Test' is no longer tested

XXX

RATE22J10629

$620,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/6/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10629

$620,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/6/2021

12/14/2021

XXX

RATE22J10629

$620,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/6/2021

12/06/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $165.00.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/14/2021

XXX

RATE22J10630

$1,483,300.00

Cleared

Credit

3425

Liquid Reserves (Months) are less than AUS Minimum Required.

12/7/2021

12/07/2021 - Liquid Reserves 15.78 (Months) are less than Guideline Rapid Rate Minimum Required of 18.00 months reserves. File is missing asset documents for borrower's account ending in #8523 reflected on AUS.;

12/15/2021

12/15/2021 - Adequate assets for cash to close and reserves were documented in the original loan file. Condition cleared. ; 12/15/2021 - Liquid Reserves 33.95 (Months) are greater than or equal to the AUS Minimum Required 18.00.; 12/15/2021 - Liquid Reserves 15.79 (Months) are less than AUS Minimum Required 18.00. Adequate assets for cash to close and reserves were documented in the original loan file. Condition cleared.

Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 33.95 are greater than the Guideline Minimum of 18.00.

XXX

RATE22J10631

$774,600.00

Cleared

Compliance

1222

Home loan Toolkit is Missing

12/8/2021

12/08/2021 - The home loan toolket is Missing;

12/20/2021

12/20/2021 - The home loan toolket received.; 12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 4599373.84 are greater than the Guideline Minimum of 27427.86.

XXX

RATE22J10631

$774,600.00

Cleared

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

12/8/2021

12/08/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 10/XX/2021;

12/20/2021

12/20/2021 - Original PI Payment on Note matches Final CD; 12/20/2021 - Change severity of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Material to Non-Material.; 12/20/2021 - 12/20/2021- cleared loan amount change created pmt differential

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 4599373.84 are greater than the Guideline Minimum of 27427.86.

XXX

RATE22J10631

$774,600.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

12/7/2021

12/07/2021 - Fraud report shows the following alerts that have not been cleared: Listing Realtor, Escrow Company , Buyer Agent and Title Company name is on High Risk Watchlist. 2. Property is loacted in a disaster declared area. 3. Primary residence purchase transaction located in an 80% + rental market- parties have similar last names on the loan. ;

12/20/2021

12/20/2021 - Alerts from Fraud Report have been cleared.; 12/20/2021 - 12/20/2021 Lender provided watch list look up. Conditon cleared.

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 4599373.84 are greater than the Guideline Minimum of 27427.86.

XXX

RATE22J10631

$774,600.00

Cleared

Property

2957

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

12/8/2021

12/08/2021 - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection;

12/20/2021

12/20/2021 - Post Disaster Inspection provided ; 12/20/2021 - 12/20/2021 Condtion Retained; 12/20/2021 - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection. FEMA declared XXX county in a disaster area (wildfires) on 07/14/2021, with a release date of10/25/2021. The appraisal in file is dated 10/14/2021 and shows no damage, however the appraisal date is prior to the FEMA release date. A Post Disaster Inspection is required.

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 4599373.84 are greater than the Guideline Minimum of 27427.86.

XXX

RATE22J10631

$774,600.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area with no post disaster inpection. Property located in FEMA Declared Disaster Area with no subsequent Property Inspection. FEMA declared XXX county in a disaster area (wildfires) on 07/14/2021, with a release date of10/25/2021. The appraisal in file is dated 10/14/2021 and shows no damage, however the appraisal date is prior to the FEMA release date. A Post Disaster Inspection is required. ;

12/22/2021

12/22/2021 - Cleared; 12/20/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (wildfires) on 07/14/2021, with a release date of 10/25/2021. The appraisal in file is dated 10/14/2021 and a Post Disaster Inspection in file is dated 12/16/2021, both show no damage. Exception is for informational purposes only.;

;

; 12/20/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/20/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.

Waiver

Client

Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 4599373.84 are greater than the Guideline Minimum of 27427.86.

XXX

RATE22J10633

$980,000.00

Cleared

Compliance

-96468

Initial Closing Disclosure Delivery Date Test

12/9/2021

12/09/2021 - This loan failed the initial closing disclosure delivery date test due to one of the following findings:( 12 CFR §1026.19(f)(1)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §1026.19(f)(1)(i) no later than three business days before consummation.;

12/15/2021

Borrower 1 has significant job time - Borrower has 15.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 4.16 years ; Borrower has stable job time - Borrower has 15.00 years at job. ; Liquid Reserves (Months) are Greater than the Guideline Minimum - Liquid Reserves of 41.09 are greater than the Guideline Minimum of 6.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10633

$980,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/9/2021

12/15/2021

12/15/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10633

$980,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/9/2021

12/09/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $122.50.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/15/2021

XXX

RATE22J10633

$980,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/9/2021

12/15/2021

XXX

RATE22J10633

$980,000.00

Cleared

Credit

1431

Liquid Reserves (Dollar Amount) are less than AUS Minimum Required

12/9/2021

12/09/2021 - The liquid reserves of 194383.80 are less than the minimum required per AUS of 219923.02.;

12/15/2021

12/15/2021 - The liquid reserves of 194383.80 are greater than or equal to the AUS minimum required of ___.

XXX

RATE22J10633

$980,000.00

Cleared

Credit

2427

Fraud Report Shows Uncleared Alerts

12/9/2021

12/09/2021 - Fraud report shows the following alerts that have not been cleared:Participant name on High Risk Watchlist;

12/15/2021

12/15/2021 - Alerts from Fraud Report have been cleared.

XXX

RATE22J10633

$980,000.00

Cleared

Compliance

3567

Regulation § 1026.43(c)(2)(i) failure - The borrower(s) reasonably expected income or assets was not properly considered.

12/9/2021

12/09/2021 - The borrower(s) reasonably expected income or assets was not properly considered.;

12/15/2021

12/15/2021 - docs in file

XXX

RATE22J10636

$1,440,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/5/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 7.00 years ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10636

$1,440,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/5/2021

12/05/2021 - This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i))The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $125.25.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

XXX

RATE22J10636

$1,440,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/5/2021

12/05/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($239.00) exceed the comparable charges ($189.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/14/2021

XXX

RATE22J10636

$1,440,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/5/2021

12/05/2021 - This loan failed the reimbursement amount test. (12 CFR §1026.19(f)(2)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $0.00, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $2,520.80.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §1026.19(e)(3)(i) or (ii), the creditor complies with §1026.19(e)(1)(i) if the creditor refunds the excess to the consumer no later than 60 days after consummation, and the creditor complies with §1026.19(f)(1)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than 60 days after consummation.;

12/14/2021

XXX

RATE22J10636

$1,440,000.00

Cleared

Compliance

-96348

Lender Credits That Cannot Decrease Test

12/5/2021

12/05/2021 - This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($4,835.55) does not exceed or equal the comparable sum of specific and non-specific lender credits ($7,200.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/14/2021

12/14/2021 - This loan passed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains lender credits that do not exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($4,835.55) exceeds or equals the comparable sum of specific and non-specific lender credits ($4,835.55). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10637

$1,582,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/07/2021 - Fema declared XXX a diaster area (wildfires) on 08.14.2020 with an incident end date of 9.26.2020. The appraisal in the file is dated 10.8.2021. This exception is for informational purposes only. ;

12/08/2021

12/08/2021 - Post disaster inspection confirms no property damage

Borrower 1 has significant job time - Borrower has 13.10 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 11.70 years ; Borrower has stable job time - Borrower has 13.10 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10638

$1,000,000.00

Cleared

Credit

1248

AUS is Partial

12/14/2021

12/14/2021 - The AUS is Partial;

12/14/2021

12/14/2021 - The AUS is received.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 31.10 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 0.00 is less than Guideline LTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 762 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 81.00 months or $355283.27 are greater than the Guideline Minimum of 6.00 or $26315.96. ; Borrower has more than 2 years at current residence - Borrower at current residence 14.11 years

XXX

RATE22J10638

$1,000,000.00

Cleared

Credit

2110

Qualifying DTI exceeds Guideline Maximum Allowable

12/8/2021

12/08/2021 - Qualifying DTI of 39.76 exceeds guideline maximum of 38.83.; 12/08/2021 - Qualifying DTI of 68.27 exceeds guideline maximum of 43.00.; 12/08/2021 - Documentation provided to support Qualifying DTI below 43.00.;

12/14/2021

12/14/2021 - Documentation provided to support Qualifying DTI below 43.00.

XXX

RATE22J10640

$1,020,000.00

Cleared

Compliance

-98542

Prohibited Fees Test

12/8/2021

12/08/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

12/14/2021

12/14/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.

XXX

RATE22J10640

$1,020,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/14/2021

12/14/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10640

$1,020,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/14/2021

XXX

RATE22J10640

$1,020,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/14/2021

XXX

RATE22J10640

$1,020,000.00

Cleared

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

12/8/2021

12/08/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 10/XX/2021;

12/14/2021

12/14/2021 - Original PI Payment on Note matches Final CD

XXX

RATE22J10640

$1,020,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/8/2021

12/08/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/14/2021

12/14/2021 - na; 12/14/2021 - Third Party Valuation Product Provided

XXX

RATE22J10640

$1,020,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/8/2021

12/08/2021 - Third Party Valuation Product Not Provided and CU Score is 5.00.;

12/22/2021

12/22/2021 - Third Party Valuation Product Provided.; 12/22/2021 - na; 12/22/2021 - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5' from Active to Acknowledged by Client.

XXX

RATE22J10642

$1,272,000.00

Cleared

Compliance

-98542

Prohibited Fees Test

12/7/2021

12/07/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

12/15/2021

12/15/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.

Borrower 1 has significant job time - Borrower has 11.75 years on job ; Borrower has stable job time - Borrower has 11.75 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 609123.12 are greater than the Guideline Minimum of 42437.82. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10642

$1,272,000.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/7/2021

12/15/2021

12/15/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested

XXX

RATE22J10643

$654,400.00

Cleared

Compliance

-96378

TRID Post-Consummation Reason for Redisclosure Validation Test

12/8/2021

12/15/2021

12/15/2021 - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested; 12/15/2021 - Rebuttal received/reviewed - condition cleared.

XXX

RATE22J10643

$654,400.00

Cleared

Compliance

-96348

Lender Credits That Cannot Decrease Test

12/8/2021

12/08/2021 - This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($3,252.37) does not exceed or equal the comparable sum of specific and non-specific lender credits ($5,582.00). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/15/2021

12/15/2021 - This loan passed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains lender credits that do not exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($3,252.37) exceeds or equals the comparable sum of specific and non-specific lender credits ($3,252.37). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/15/2021 - Rebuttal received/reviewed - condition cleared.

XXX

RATE22J10643

$654,400.00

Cleared

Compliance

-98542

Prohibited Fees Test

12/8/2021

12/08/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

12/20/2021

12/20/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.

XXX

RATE22J10645

$612,000.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

12/7/2021

12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.; 12/08/2021 - B grade; 12/07/2021 - The home loan toolket is Missing;

12/8/2021

12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Non-Material to Material.; 12/08/2021 - Change severity of 'Home loan Toolkit is Missing' from Material to Non-Material.;

Waiver

Client

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10645

$612,000.00

Acknowledged

Compliance

1226

Intent to Proceed is Missing

12/7/2021

12/08/2021 - Change severity of 'Intent to Proceed is Missing' from Material to Non-Material.; 12/08/2021 - B Grade; 12/08/2021 - Change status of 'Intent to Proceed is Missing' from Active to Acknowledged by Client.; 12/07/2021 - The intent to proceed is Missing;

12/8/2021

12/08/2021 - Change severity of 'Intent to Proceed is Missing' from Material to Non-Material.

Waiver

Client

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10645

$612,000.00

Acknowledged

Compliance

1236

Affiliated Business Disclosure is Missing

12/7/2021

12/08/2021 - B Grade; 12/08/2021 - Change status of 'Affiliated Business Disclosure is Missing' from Active to Acknowledged by Client.; 12/07/2021 - The affiliate business disclosure is Missing;

12/8/2021

12/08/2021 - Change status of 'Affiliated Business Disclosure is Missing' from Active to Acknowledged by Client.

Waiver

Client

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10645

$612,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/7/2021

12/08/2021 - Change severity of 'Property is located in a FEMA disaster area' from Material to Non-Material.; 12/08/2021 - Info only; 12/08/2021 - Change status of 'Property is located in a FEMA disaster area' from Active to Acknowledged by Client.; 12/07/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (tornadoes) on 5/5/2021, which occurred on 3/25/2021. The appraisal in file is dated 8/19/2021 and shows no damage. Exception is for informational purposes only.;

12/7/2021

12/07/2021 - Property is located in a FEMA disaster area. FEMA declared XXX county in a disaster area (tornadoes) on 5/5/2021, which occurred on 3/25/2021. The appraisal in file is dated 8/19/2021 and shows no damage. Exception is for informational purposes only.;

Waiver

Client

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10645

$612,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/7/2021

12/07/2021 - Third Party Valuation Product Not Provided and CU Score is 3.40.;

12/15/2021

12/15/2021 - Third Party Valuation Product Provided.

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10645

$612,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/7/2021

12/07/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/15/2021

12/15/2021 - Third Party Valuation Product Provided

Borrower 1 has significant job time - Borrower has 10.00 years on job ; Borrower has stable job time - Borrower has 10.00 years at job.

XXX

RATE22J10646

$1,225,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - FEMA declared XXX county in a disaster area (wildfires) on 09/04/2020, with a release date of 11/17/2020. The appraisal in file is dated 08/06/2021 and shows no damage. Exception is for informational purposes only. ;

12/08/2021

12/08/2021 - The appraisal in file is dated 08/06/2021 and shows no damage. Exception is for informational purposes only. ; 12/08/2021 - Post disaster inspection confirms no property damage

XXX

RATE22J10646

$1,225,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/8/2021

12/08/2021 - Third Party Valuation Product Not Provided and CU Score is 3.40.; 12/08/2021 - Third Party Valuation not provided at time of review;

12/15/2021

12/15/2021 - Third Party Valuation Product Provided.

XXX

RATE22J10646

$1,225,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/8/2021

12/08/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/15/2021

12/15/2021 - Third Party Valuation Product Provided

XXX

RATE22J10649

$1,178,000.00

Cleared

Compliance

-98542

Prohibited Fees Test

12/8/2021

12/08/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

12/20/2021

12/20/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 32.66 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 32.27 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 32.27 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 803 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 57.70 months or $438786.89 are greater than the Guideline Minimum of 0.00 or $0.00. ; Borrower has more than 2 years at current residence - Borrower at current residence 8.00 years

XXX

RATE22J10649

$1,178,000.00

Cleared

Compliance

-96348

Lender Credits That Cannot Decrease Test

12/8/2021

12/08/2021 - This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($23,748.48) does not exceed or equal the comparable sum of specific and non-specific lender credits ($28,389.80). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/20/2021

12/20/2021 - This loan passed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains lender credits that do not exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($23,748.48) exceeds or equals the comparable sum of specific and non-specific lender credits ($6,078.48). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).

XXX

RATE22J10649

$1,178,000.00

Cleared

Compliance

1568

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

12/8/2021

12/08/2021 - Payment on Note, Final 1003 & Final CD = $4966.50; 12/08/2021 - Original PI Payment on Note matches Final CD

From Hard Coded form in template:

'Closing Disclosure' at 9/XX/2021;

12/20/2021

12/20/2021 - Original PI Payment on Note matches Final CD

XXX

RATE22J10650

$960,000.00

Cleared

Compliance

-99349

TILA Finance Charge Test

12/8/2021

12/08/2021 - This loan failed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $497,768.58. The disclosed finance charge of $497,665.08 is not considered accurate because it is understated by more than $100.;

12/20/2021

12/20/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $497,545.96. The disclosed finance charge of $497,665.08 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/20/2021 - This loan passed the TILA finance charge test.( 12 CFR §1026.38(o)(2) )The finance charge is $497,618.58. The disclosed finance charge of $497,665.08 is considered accurate because:It is understated by no more than $100; orIt is greater than the amount required to be disclosed.; 12/20/2021 - Rebuttal/re-review of LE/CD's - condition cleared.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 21.48 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 58.18 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 61.16 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 768 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 77.73 months or $440091.51 are greater than the Guideline Minimum of 6.00 or $33970.27. ; Borrower has stable job time - Borrower has 3.67 years at job.

XXX

RATE22J10650

$960,000.00

Cleared

Compliance

-98542

Prohibited Fees Test

12/8/2021

12/08/2021 - This loan failed the prohibited fees test.

The loan charges a prohibited fee based on one or more the following findings:

12/20/2021

12/20/2021 - This loan passed the prohibited fees test.

The loan does not charge a prohibited fee.; 12/20/2021 - Rebuttal/re-review of LE/CD's - condition cleared.

XXX

RATE22J10650

$960,000.00

Cleared

Compliance

-96348

Lender Credits That Cannot Decrease Test

12/8/2021

12/08/2021 - This loan passed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains lender credits that do not exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($15,537.60) exceeds or equals the comparable sum of specific and non-specific lender credits ($15,537.60). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).;

12/20/2021

12/20/2021 - This loan failed the lender credits that cannot decrease test. ( 12 CFR §1026.19(e)(3)(i) )The loan contains charges that exceed the good faith determination according to §1026.19(e)(3)(i). The final sum of specific and non-specific lender credits ($15,537.60) does not exceed or equal the comparable sum of specific and non-specific lender credits ($15,610.22). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §1026.19(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §1026.19(e)(1)(i).; 12/20/2021 - Rebuttal/re-review of LE/CD's - condition cleared.

XXX

RATE22J10650

$960,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

12/8/2021

12/08/2021 - Hazard insurance coverage of 888750.00 is not sufficent. The subject loan amount is 960000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/20/2021

12/20/2021 - Hazard insurance coverage is sufficient. Rebuttal/Hazard Binder received/reviewed- condition cleared.

XXX

RATE22J10654

$683,000.00

Cleared

Credit

3467

Minimum Trade Line Requirement Not Met

12/8/2021

12/08/2021 - Borrower(s) have not met the minimum tradeline requirement per lender guidelines. ;

12/16/2021

12/16/2021 - The credit report provided meets the lender guideline requirement for minimum trades. Condition cleared. ; 12/16/2021 - Borrower(s) have met the minimum tradeline requirement per lender guidelines.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 12.87 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 797 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 65.92 months or $234194.20 are greater than the Guideline Minimum of 12.00 or $42630.28. ; Borrower 1 has significant job time - Borrower has 9.50 years on job ; Borrower has stable job time - Borrower has 9.75 years at job.

XXX

RATE22J10655

$891,200.00

Acknowledged

Compliance

1224

Homeownership Counseling Disclosure is Missing

12/7/2021

12/07/2021 - The homeownership disclosure is Missing and required for this transaction.;

12/08/2021

12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Homeownership Counseling Disclosure is Missing' from Active to Acknowledged by Client.

Waiver

Client

Borrower 1 has significant job time - Borrower has 24.08 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 17.00 years ; Borrower has stable job time - Borrower has 24.08 years at job. ; Liquid Reserves (Dollars) are Greater than the Guideline Minimum - Liquid Reserves of 1885593.14 are greater than the Guideline Minimum of 71412.00. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

RATE22J10657

$750,000.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

12/8/2021

12/09/2021 - The home loan toolket received.; 12/08/2021 - The home loan toolket is Missing;

12/08/2021

12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 29.15 is less than the Guideline DTI of 43.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of ___ is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 790 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 21.64 months or $98886.46 are greater than the Guideline Minimum of 6.00 or $27417.30. ; Borrower 1 has significant job time - Borrower has 5.40 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 4.00 years ; Borrower has stable job time - Borrower has 5.40 years at job.

XXX

RATE22J10657

$750,000.00

Acknowledged

Compliance

1224

Homeownership Counseling Disclosure is Missing

12/8/2021

12/08/2021 - The homeownership disclosure is Missing;

12/08/2021

12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Homeownership Counseling Disclosure is Missing' from Active to Acknowledged by Client.

Waiver

Client

XXX

RATE22J10657

$750,000.00

Acknowledged

Compliance

1236

Affiliated Business Disclosure is Missing

12/8/2021

12/08/2021 - The affiliate business disclosure is Missing;

12/08/2021

12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Affiliated Business Disclosure is Missing' from Active to Acknowledged by Client.

Waiver

Client

XXX

RATE22J10657

$750,000.00

Cleared

Credit

2177

Property is located in a FEMA disaster area

12/8/2021

12/08/2021 - Property is located in a FEMA disaster area with no post disaster inpection. Disaster River Fire declared 8/5 ongoing. The appraisal completed on 9/22/21 shows no damage.;

12/22/2021

12/22/2021 - PDI provided - no damage - condition cleared.; 12/22/2021 - Post disaster inspection confirms no property damage; 12/22/2021 - Finding remains as the appraisal was completed prior to the incident end date as stated in original and addition response. Lender is only looking at incident begin date. ; 12/22/2021 - Change status of 'Property is located in a FEMA disaster area' from Acknowledged by Client to Active.; 12/21/2021 - Property is located in a FEMA disaster area with no post disaster inpection; 12/15/2021 - FEMA declared XXX County in a disaster area on 8/24/21 (Wildfires) with an incident period from 7/14/21 to 10/25/21. Appraisal in file is dated 9/22/21 which is prior to incident end date and no post disaster inspection report is in file.

XXX

RATE22J10659

$636,000.00

Acknowledged

Compliance

1222

Home loan Toolkit is Missing

12/8/2021

12/08/2021 - The home loan toolket is Missing;

12/08/2021

12/08/2021 - Acknowledged; 12/08/2021 - Change status of 'Home loan Toolkit is Missing' from Active to Acknowledged by Client.

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 32.25 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 796 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 56.50 months or $224538.00 are greater than the Guideline Minimum of 6.00 or $23845.26. ; Borrower 1 has significant job time - Borrower has 6.25 years on job ; Borrower has more than 2 years at current residence - Borrower at current residence 6.75 years ; Borrower has stable job time - Borrower has 6.25 years at job.

XXX

RATE22J10659

$636,000.00

Cleared

Credit

3416

Loan amount is greater than the maximum loan amount allowed per guidelines

12/8/2021

12/08/2021 - Loan amount of 636000.00 is greater than the maximum loan amount allowed per guidelines of 80.00.;

12/14/2021

12/14/2021 - Loan amount of 636000.00 is less than or eqal to the maximum loan amount allowed per guidelines of 1000000.00.

XXX

RATE22J10660

$830,000.00

Cleared

Credit

896

Underwriting LTV exceeds Guideline Maximum Allowable

12/14/2021

12/14/2021 - Per guidelines LTV max is 80% ;

12/14/2021

12/14/2021 - Original LTV of 67.21 adheres to the guideline maximum LTV of 80.00.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 17.22 is less than the Guideline DTI of 43.00. ; Original LTV is Below the Guideline Maximum - Calculated LTV of 67.21 is less than Guideline LTV of 80.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of 67.21 is less than Guideline CLTV of 80.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 786 is Greater than the Guideline Minimum of 680. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 36.33 months or $136049.05 are greater than the Guideline Minimum of 6.00 or $22469.22.

XXX

RATE22J10660

$830,000.00

Cleared

Credit

897

Underwriting CLTV exceeds Guideline Maximum Allowable

12/14/2021

12/14/2021 - Underwriting CLTV of 67.21 is greater than the maximum allowable guideline CLTV of 67.21.;

12/14/2021

12/14/2021 - Original CLTV of 67.21 adheres to the guideline maximum CLTV of 80.00.

XXX

RATE22J10660

$830,000.00

Cleared

Credit

2110

Qualifying DTI exceeds Guideline Maximum Allowable

12/8/2021

12/08/2021 - Qualifying DTI of 34.68 exceeds guideline maximum of 21.12.; 12/08/2021 - Qualifying DTI of 68.87 exceeds guideline maximum of 21.12.; 12/08/2021 - Qualifying DTI of 165.97 exceeds guideline maximum of 21.12.; 12/08/2021 - Qualifying DTI of 45.50 exceeds guideline maximum of 21.12.; 12/08/2021 - Qualifying DTI of 23.86 exceeds guideline maximum of 21.12.; 12/08/2021 - Documentation provided to support Qualifying DTI below 21.12.;

12/14/2021

12/14/2021 - Documentation provided to support Qualifying DTI below 43.00.

XXX

RATE22J10660

$830,000.00

Cleared

Property

3158

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

12/8/2021

12/08/2021 - Third Party Valuation Product Not Provided and CU Score is 3.50.;

12/14/2021

12/14/2021 - Third Party Valuation Product Provided/reviewed and cleared.

XXX

RATE22J10660

$830,000.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

12/8/2021

12/08/2021 - Hazard insurance coverage of 161.42 is not sufficent. The subject loan amount is 830000.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

12/14/2021

12/14/2021 - Hazard insurance coverage is sufficient per dec page in file.

XXX

RATE22J10660

$830,000.00

Cleared

Property

3580

Third Party Valuation Product not Provided

12/8/2021

12/08/2021 - Third Party Valuation Product not Provided to Support Origination Appraised Value within 10%.;

12/14/2021

12/14/2021 - Third Party Valuation Product Provided. CDA received/reviewd and condition cleared.

XXX

RATE22J10660

$830,000.00

Cleared

Compliance

-96374

TRID "Section C. Services You Can Shop For / Services Borrower Did Shop For" Validation Test

12/8/2021

12/08/2021 - This loan failed the TRID "Section C. Services You Can Shop For / Services Borrower Did Shop For" validation test.This loan contains a fee or fees where "compensation to" is set to the lender or broker but this fee or fees should not be retained by the lender or broker."Section C. Services You Cannot Shop For / Services Borrower Did Not Shop For" should contain an itemization of each amount and a subtotal of all such amounts the consumer will pay for settlement services for which the consumer can shop in accordance with Regulation Z and that are provided by persons other than the creditor or mortgage broker.;

12/20/2021

12/20/2021 - This compliance test 'TRID "Section C. Services You Can Shop For / Services Borrower Did Shop For" Validation Test' is no longer tested

XXX

RATE22J10660

$830,000.00

Cleared

Compliance

-96368

Consummation or Reimbursement Date Validation Test

12/8/2021

12/20/2021

12/20/2021 - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

XXX

RATE22J10660

$830,000.00

Cleared

Compliance

-96366

Charges That Cannot Increase Test

12/8/2021

12/20/2021

XXX

RATE22J10660

$830,000.00

Cleared

Compliance

-96365

Charges That In Total Cannot Increase More Than 10% Test

12/8/2021

12/08/2021 - This loan failed the charges that in total cannot increase more than 10% test. (12 CFR §1026.19(e)(3)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §1026.19(e)(3)(ii). The final charges that in total cannot increase more than 10% ($98.00) exceed the comparable charges ($0.00) by more than 10%. Please see the table that displays the Charges That Cannot Increase More Than 10% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §1026.19(e)(1)(i) by more than 10 percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §1026.19(e)(1)(vi).;

12/20/2021

XXX

RATE22J10660

$830,000.00

Cleared

Compliance

-96362

Reimbursement Amount Test

12/8/2021

12/20/2021

XXX

#N/A

RATE22J10197

$848,800.00

Cleared

Credit

3557

Hazard Insurance Coverage is Not Sufficient.

10/13/2021

10/13/2021 - Hazard insurance coverage of 825000.00 is not sufficent. The subject loan amount is 848800.00 with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

11/30/2021

11/30/2021 - Hazard insurance coverage is sufficient.; 11/01/2021 - Industry standard does not permit appraisal "estimate cost new" to be used for Insuance coverage confirmation. Condition Retained.; 10/29/2021 - Audit reviewed Lenders response, however; Utilizing cost of new on appraisal is not accaptable. Please provide cost estimator. Condition remains; 10/28/2021 - Rebuttal reviewed, replacement costs estimator is required, unable to use appraisal to confirm that hazard insurance is valid.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 30.93 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 775 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 45.77 months or $274446.65 are greater than the Guideline Minimum of 6.00 or $35980.52. ; Borrower 1 has significant job time - Borrower has 14.00 years on job ; Borrower has stable job time - Borrower has 14.00 years at job. ; Borrower Years On Job Exceeds 10 Years - Borrower Years On Job Exceeds 10 Years

XXX

#N/A

RATE22J10231

$1,680,000.00

Acknowledged

Property

1324

Second Appraisal is Missing

11/4/2021

11/04/2021 - The second appraisal is Missing;

11/04/2021

11/04/2021 - Condition waived as loan file contains a third party valuation tool that supports value, and the CU score is 2.5 or less. Final grade will be a B.; 11/04/2021 - Change status of 'Second Appraisal is Missing' from Active to Acknowledged by Client.; 11/04/2021 - Change severity of 'Second Appraisal is Missing' from Material to Non-Material.

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 24.83 is less than the Guideline DTI of 43.00. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of ___ is less than Guideline CLTV of 80.00. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 33.26 months or $239367.99 are greater than the Guideline Minimum of 9.00 or $64770.39. ; Borrower has more than 2 years at current residence - Borrower at current residence 3.60 years

XXX

#N/A

RATE22J10508

$1,503,200.00

Acknowledged

Property

1324

Second Appraisal is Missing

11/4/2021

11/04/2021 - The second appraisal is Missing;

11/04/2021

Waiver

Client

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of 14.56 is less than the Guideline DTI of 43.00. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of 781 is Greater than the Guideline Minimum of 720. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of 40.24 months or $348451.44 are greater than the Guideline Minimum of 9.00 or $77928.15. ; Borrower 1 has significant job time - Borrower has 7.00 years on job ; Borrower has stable job time - Borrower has 7.00 years at job.