Exhibit 99.2 Schedule 1

Loan Number 1

Alt Id

Borrower Last Name

Property State

Note Date

Loan Purpose

TPR QM ATR Status

Initial Overall Loan Grade

Final Overall Loan Grade

Exception Category

Exception Subcategory

Exception Code

Final Exception Status

Initial Exception Grade

Final Exception Grade

Exception

Exception Detail

Follow-up Comments (Exception Response)

Exception Conclusion Comments

Compensating Factors

Curable Status

Loan Status

Review Date

Cleared Date

Cured Date

Exception Date

XX

JUC1QLGFWKC

XX

California

03/XX/2021

Cash Out

Not Covered/Exempt

1

1

Valuation

Doc Issue

933d08cd-a527-4b11-a953-3fea2acf8a38

Resolved

2

R

* Missing flood cert (Lvl R)

QC Complete

06/30/2021

07/14/2021

07/14/2021

07/14/2021

XX

JUC1QLGFWKC

XX

California

03/XX/2021

Cash Out

Not Covered/Exempt

1

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

3

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Required additional valuation to support original appraisal value. Original Appraised value is XX and AVM's estimated value is XX (Variance is 12.917%). Confidence Score is 0.158.

07/22 - BPO provided with as is value for XX Though lower than original appraisal value of XX its within 10% variance.

07/22 - BPO provided with as is value for XX Though lower than original appraisal value of XX its within 10% variance.

QC Complete

06/30/2021

07/22/2021

07/22/2021

07/05/2021

XX

S040LLQDPGW

XX

California

04/XX/2021

Refinance

Not Covered/Exempt

4

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

3

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Required additional valuation to support original appraisal value. Original Appraised value is XX and AVM's estimated value is XX (Variance is 23.925%). Confidence Score is 0.213.

07/22 - BPO with as is value of XX provided supporting original appraisal value of XX

07/22 - BPO with as is value of XX provided supporting original appraisal value of XX

QC Complete

06/30/2021

07/22/2021

07/22/2021

07/05/2021

XX

42TQOZCHXSQ

XX

California

03/XX/2021

Purchase

Not Covered/Exempt

3

1

Valuation

Valuation

487d20db-3b4a-437a-b571-19516ed22813

Resolved

3

R

* Automated Appraisal Review Missing (Lvl R)

Missing copy of the desk review in the file.  No CU risk score provided in the file.

07/22 - AVM with estimated value of XX and confidence score of 0.037 supporting original appraisal value of XX has been provided

07/22 - AVM with estimated value of XX and confidence score of 0.037 supporting original appraisal value of XX has been provided

QC Complete

07/01/2021

07/22/2021

07/22/2021

07/01/2021

XX

Z1EB0TZMTNC

XX

California

04/XX/2021

Cash Out

Not Covered/Exempt

3

1

Legal Docs

Doc Issue

e771f51b-ccfc-4035-9f6b-a3288820555c

Resolved

3

R

* Mortgage missing / unexecuted (Lvl R)

Signed Mortgage is missing.

Condition Flag: Resolution Required

QC Complete

07/01/2021

07/21/2021

07/21/2021

07/01/2021

XX

TOYBBJ3422U

XX

Colorado

02/XX/2021

Purchase

Not Covered/Exempt

4

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

2

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Property value per appraisal is XX while per AVM it is XX The variance in value is 56.13%, while AVM confidence score is 0.224%. Additional value required to support orginal appraised value within 10% variance.   The value came abouve the appraised value

07/22 - BPO with as is value of XX has been provided. Though lower than original appraised value of XX its with in 10% variance

07/22 - BPO with as is value of XX has been provided. Though lower than original appraised value of XX its with in 10% variance

QC Complete

07/01/2021

07/22/2021

07/22/2021

07/05/2021

XX

JRL32WD4TNK

XX

California

03/XX/2021

Purchase

Not Covered/Exempt

3

1

Credit

Guidelines

16778a39-ef96-4577-8234-aa9177f06e73

Resolved

3

R

* Income documentation does not meet guidelines (Lvl R)

Missing Lease Agreement or 1040 (Schedule E) to calculate income for REO property located at XX

07/14 Lease agreement for the property XX received in file & condition resolved.

07/14 Lease agreement for the property XX received in file & condition resolved.

QC Complete

07/01/2021

07/15/2021

07/15/2021

07/01/2021

XX

I1ZQD5IZPQK

XX

California

03/XX/2021

Refinance

Not Covered/Exempt

2

1

Legal Docs

Doc Issue

2def777a-a254-4b03-b57d-06071148ee8a

Resolved

1

R

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

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

Title page received with inc amount of XX - 07/21

Title page received with inc amount of XX - 07/21

QC Complete

07/01/2021

07/21/2021

07/21/2021

07/01/2021

XX

I1ZQD5IZPQK

XX

California

03/XX/2021

Refinance

Not Covered/Exempt

2

1

Credit

Doc Issue

5fb7fe54-3138-4619-bc5b-74ec97254551

Resolved

1

R

* Initial Escrow Acct Disclosure missing; loan has escrows (Lvl R)

Missing Initial Escrow Account Disclosure in the loan file. Account is not in escrow per the final closing disclosure document.

Initial Excrow Dsiclosure Received - 07/16 ( CD and IEAD with No Escrow Received)

Initial Excrow Dsiclosure Received - 07/16 ( CD and IEAD with No Escrow Received)

QC Complete

07/01/2021

07/16/2021

07/16/2021

07/01/2021

XX

I1ZQD5IZPQK

XX

California

03/XX/2021

Refinance

Not Covered/Exempt

2

1

Credit

Credit Report & History

0834881d-7c60-4848-80dd-8c71286967ab

Resolved

2

R

* Letter of explanation for addresses reported in the credit report (Lvl R)

Schedule E of the Tax Return for the year 2019 reflects investment property located at XX Borrower's LOE for ownership on additional properties includes property located at XX and XX LOE for the property located at XX is missing in the loan file.  7/XX/21 received LOE noting the ATR

High Credit Score

QC Complete

07/01/2021

07/15/2021

07/15/2021

07/01/2021

XX

YSIH2XVELTM

XX

Illinois

04/XX/2021

Purchase

Not Covered/Exempt

1

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

3

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Need Additional value support original appraised value withim 10% - AVM confindence score exceeds 0.1300. Original Appraisal Value is XX AVM Value is XX AVM Confidence score is 0.205%

07/22 BPO with as is value of XX supporting original appraisal value for XX has been provided

07/22 BPO with as is value of XX supporting original appraisal value for XX has been provided

QC Complete

07/01/2021

07/22/2021

07/22/2021

07/05/2021

XX

COSCLSXUB13

XX

California

04/XX/2021

Refinance

Not Covered/Exempt

1

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

3

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Need Additional value support original appraised value withim 10% - AVM confindence score exceeds 0.1300. Original Appraisal Value is XX AVM Value is XX AVM Confidence score is 0.131%

07/22 - BPO with as is value for XX supporting original appraised value of XX has been provided.

07/22 - BPO with as is value for XX supporting original appraised value of XX has been provided.

QC Complete

07/01/2021

07/22/2021

07/22/2021

07/05/2021

XX

0K3ZNMJ1LOG

XX

California

04/XX/2021

Refinance

Not Covered/Exempt

3

1

Legal Docs

Doc Issue

0270b5a0-6846-4580-a03f-12f44a18d0d3

Resolved

3

R

* Note is missing or unexecuted (Lvl R)

QC Complete

07/01/2021

07/23/2021

07/23/2021

06/21/2021

XX

0K3ZNMJ1LOG

XX

California

04/XX/2021

Refinance

Not Covered/Exempt

3

1

Legal Docs

Doc Issue

0270b5a0-6846-4580-a03f-12f44a18d0d3

Resolved

3

R

* Note is missing or unexecuted (Lvl R)

A copy of the Note document is missing from the loan file.

07/23 - Executed copy of note has been provided

07/23 - Executed copy of note has been provided

QC Complete

07/01/2021

07/23/2021

07/23/2021

06/21/2021

XX

0K3ZNMJ1LOG

XX

California

04/XX/2021

Refinance

Not Covered/Exempt

3

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

3

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Need additional value to support original appraised value within 10% - AVM confidence score exceeds 0.1300. Original appraisal value - XX AVM value - XX AVM confidence score - 0.15%. BPO dated 07/XX/2021 with as is value of XX supports original appraisal value of XX Above exception has been resolved

QC Complete

07/01/2021

07/14/2021

07/14/2021

07/05/2021

XX

B0ZR1ET3LBI

XX

Washington

04/XX/2021

Cash Out

Not Covered/Exempt

3

1

Credit

Credit

c39eb302-e805-40cb-ad15-34e7e84d95a9

Resolved

3

R

* The Credit LOX is missing (Lvl R)

Missing LOE for the credit inquiries shown on the borrower's credit report.

Received Processor cert loc - 07/23

Received Processor cert loc - 07/23

QC Complete

07/01/2021

07/23/2021

07/23/2021

07/01/2021

XX

GHNCPN03TJ2

XX

Tennessee

04/XX/2021

Purchase

Not Covered/Exempt

3

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

3

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Need additional value to support original appraised value within 10% - AVM confidence score exceeds 0.1300. Original appraisal value - XX AVM value - XX AVM confidence score - 0.131%.

07/22 - BPO with as is value of XX supporting original appraised value for XX has been provided

07/22 - BPO with as is value of XX supporting original appraised value for XX has been provided

QC Complete

07/02/2021

07/22/2021

07/22/2021

07/05/2021

XX

GHNCPN03TJ2

XX

Tennessee

04/XX/2021

Purchase

Not Covered/Exempt

3

1

Credit

Credit

287af4e3-a828-44ad-a18f-4594aa5e38df

Resolved

3

R

* Excessive DTI (Lvl R)

Resubmission of LP is required as the loan has a DTI of 52.336%, the Borrower income was XX and total expenses are in the amount of XX and the loan was underwritten by AUS/LP (Locator# XX.pdf  Page#146) and its recommendation is "Accept" with a DTI of 49.101%.

Cleared After debt  recalculation - 07/22

Cleared After debt  recalculation - 07/22

QC Complete

07/02/2021

07/22/2021

07/22/2021

07/02/2021

XX

2G0J0AWQ03X

XX

Arizona

03/XX/2021

Purchase

Not Covered/Exempt

1

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

3

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Need additional value to support original appraised value within 10%. Original appraisal value - XX AVM value - XX Variance - (20.429%).

07/22 BPO with as is value of XX supporting original appraised value for XX has been provided

07/22 BPO with as is value of XX supporting original appraised value for XX has been provided

QC Complete

06/30/2021

07/22/2021

07/22/2021

07/05/2021

XX

CWPBGDANXQX

XX

Colorado

03/XX/2021

Cash Out

Not Covered/Exempt

3

1

Valuation

Doc Issue

e17a3838-56de-4fcb-8532-4289ad651a81

Resolved

3

R

* Missing Appraisal (Lvl R)

Appraisal is missing in file.

QC Complete

06/21/2021

07/05/2021

07/05/2021

07/01/2021

XX

FBO0WFAX3CU

XX

South Carolina

04/XX/2021

Purchase

Not Covered/Exempt

4

1

Credit

Guidelines

16778a39-ef96-4577-8234-aa9177f06e73

Resolved

3

R

* Income documentation does not meet guidelines (Lvl R)

Missing personal and business tax returns covering the most recent one-year period (including all tax schedules), provided the tax returns reflect at least 12 months of self-employment income for all business. Available is 1120S for the year 2019 for business XX Business verification and Business search is missing for XX

RESOLVED 07/XX/2021: The business tax return of year 2020 for both business XX are provided.

RESOLVED 07/XX/2021: The business tax return of year 2020 for both business XX are provided.

Condition Flag: Resolution Required

QC Complete

07/02/2021

07/14/2021

07/14/2021

07/02/2021

XX

FBO0WFAX3CU

XX

South Carolina

04/XX/2021

Purchase

Not Covered/Exempt

4

1

Eligibility

Eligibility

c8731d30-08b8-4090-a1fe-70372bbe0c2c

Resolved

4

R

* DTI (Back) Ratio does not meet eligibility requirement(s) (Lvl R)

DTI exceeds 50%. The credit report dated 02/XX/2021 reflects total debts at XX Secondary residence - $4,947; Primary residence - $2,691; Other rental loss - $2,718; Subject negative rental loss - $1,125.45. Total income - XX - $14,153.00. Final DTI is at 91.62% which exceeds DTI of 50%, and is more than the acceptable DTI ratio per UW standards.

RESOLVED 07/XX/2021: The business tax return of year 2020 for both business XX are provided.

RESOLVED 07/XX/2021: The business tax return of year 2020 for both business XX are provided.

QC Complete

07/02/2021

07/14/2021

07/14/2021

07/02/2021

XX

FBO0WFAX3CU

XX

South Carolina

04/XX/2021

Purchase

Not Covered/Exempt

4

1

Credit

Credit

9764da87-115d-4092-9fdf-21e7c3ce955a

Resolved

1

R

* Purchase Contract (Lvl R)

The note date is 04/XX/2021, however, purchase contract expired on 03/XX/2021. 07/13 Received Purchase Contract Extention

QC Complete

07/02/2021

07/13/2021

07/13/2021

07/02/2021

XX

VBT20TS0LA3

XX

Colorado

04/XX/2021

Purchase

Not Covered/Exempt

3

1

Legal Docs

Doc Issue

0270b5a0-6846-4580-a03f-12f44a18d0d3

Resolved

3

R

* Note is missing or unexecuted (Lvl R)

A copy of the Note document is missing from the loan file. 7/XX/21 received copy of note dated 4/XX/21

7/XX/21 received copy of note dated 4/XX/21

7/XX/21 received copy of note dated 4/XX/21

QC Complete

07/01/2021

07/16/2021

07/16/2021

06/21/2021

XX

4KMNUIIKKEW

XX

Utah

04/XX/2021

Purchase

Not Covered/Exempt

3

1

Legal Docs

Doc Issue

0270b5a0-6846-4580-a03f-12f44a18d0d3

Resolved

3

R

* Note is missing or unexecuted (Lvl R)

A copy of the Note document is missing from the loan file.

RESOLVED 07/XX/2021: A copy of Note is provided.

RESOLVED 07/14/2021: A copy of Note is provided.

Condition Flag: Resolution Required

QC Complete

07/02/2021

07/14/2021

07/14/2021

06/23/2021

XX

4KMNUIIKKEW

XX

Utah

04/XX/2021

Purchase

Not Covered/Exempt

3

1

Credit

Credit

5cb32bc6-6817-40b3-bf5e-122771c92d82

Resolved

2

R

* Required Documentation Missing or Incomplete  (Lvl R)

Missing complete and correct Property Tax Information Sheet.

RESOLVED 07/14/2021: A copy of Tax information sheet is provided.

RESOLVED 07/14/2021: A copy of Tax information sheet is provided.

QC Complete

07/02/2021

07/14/2021

07/14/2021

07/02/2021

XX

IRF04H1M41L

XX

Colorado

04/XX/2021

Purchase

Not Covered/Exempt

3

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

3

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Missing Additional Value to support the original appraised value within 10% & also AVM confidence score exceeds 0.1300%. The AVM confidence score is 0.213%.

07/22 BPO with as is value of XX within 10% variance for original appraised value of XX has been provided

07/22 BPO with as is value of XX within 10% variance for original appraised value of XX has been provided

QC Complete

06/20/2021

07/22/2021

07/22/2021

07/05/2021

XX

42IZHYGHHLR

XX

Washington

04/XX/2021

Purchase

Not Covered/Exempt

1

1

Valuation

Valuation

487d20db-3b4a-437a-b571-19516ed22813

Resolved

3

R

* Automated Appraisal Review Missing (Lvl R)

Missing Additional Value to support the original appraised value within 10% and also AVM confidence score exceeds 0.1300%. The AVM confidence score is 0.220%. BPO dated 07/XX/2021 with as is value of XX It supports original appraisal value of XX Condition has been resolved

QC Complete

07/02/2021

07/14/2021

07/14/2021

07/05/2021

XX

GXJPHC4PEQP

XX

California

04/XX/2021

Refinance

Not Covered/Exempt

1

1

Valuation

Valuation

487d20db-3b4a-437a-b571-19516ed22813

Resolved

3

R

* Automated Appraisal Review Missing (Lvl R)

Missing Additional Value to support the original appraised value within 10% and also AVM confidence score exceeds 0.1300%. The AVM confidence score is 89%.

07/22 BPO with as is value of XX supporting original appraised value of XX has been provided

07/22 BPO with as is value of XX supporting original appraised value of XX has been provided

QC Complete

07/02/2021

07/22/2021

07/22/2021

07/05/2021

XX

NXGDSC3PPBN

XX

Ohio

04/XX/2021

Purchase

Not Covered/Exempt

3

1

Credit

Credit

5cb32bc6-6817-40b3-bf5e-122771c92d82

Resolved

3

R

* Required Documentation Missing or Incomplete  (Lvl R)

Provide most recent Mortgage statement (Escrowed) and HOA (If Applicable) for the property XX If Tax and Insurance is not escrowed, the require Tax cert & HOI document. And if account is closed/paid; provide documents to reflect property is free and clear.

RESOLVED 07/XX/2021: A copy of HOI and property taxes and settlement statement for the property XX are provided.

RESOLVED 07/XX/2021: A copy of HOI and property taxes and settlement statement for the property XX" are provided.

Condition Flag: Resolution Required

QC Complete

07/01/2021

07/14/2021

07/14/2021

07/01/2021

XX

53JBT5YYRZ0

XX

Florida

02/XX/2021

Cash Out

Not Covered/Exempt

3

2

Credit

Credit

b1b8911c-c02d-4dc6-b7e8-cf4e8f163f8e

Active

1

2

* Misrepresentation of Income (Lvl 2)

Borrower is self-employed & self-employment income is used for qualification purpose. As per Schedule E part II, there is business loss reported for businesses XX, however K-1 is missing in file..

07/16 Need Form K-1 reflecting ownership % of business XX

07/16 Need Form K-1 reflecting ownership % of business XX

QC Complete

07/01/2021

07/01/2021

XX

53JBT5YYRZ0

XX

Florida

02/XX/2021

Cash Out

Not Covered/Exempt

3

2

Credit

Debts

dceded01-99e9-4285-884d-9a98ff65cc27

Active

3

2

* No evidence of required debt payoff (Lvl 2)

Provide proof of pay off of following Private mortgage being paid along with source of funds. XX- Balance $ XX & Payment $ 500

QC Complete

07/01/2021

07/01/2021

XX

53JBT5YYRZ0

XX

Florida

02/XX/2021

Cash Out

Not Covered/Exempt

3

2

NPL

NPL

a01c6df2-91d5-4518-ac29-7598016e6335

Resolved

1

R

* Active REO and missing listing details (Lvl R)

Provide insurance & taxes for following rental properties listed on REO section of 1003.If Taxes & Insurance escrowed then provide mortgage statement. Additionally, provide HOA statement to verify HOA payment.              XX (Primary Residence)

07/16 Mortgage statement for the property XX (Primary Residence)" received in file hence condition resolved.

07/16 Mortgage statement for the property "XX (Primary Residence)" received in file hence condition resolved.

QC Complete

07/01/2021

07/16/2021

07/16/2021

07/01/2021

XX

53JBT5YYRZ0

XX

Florida

02/XX/2021

Cash Out

Not Covered/Exempt

3

2

Valuation

Doc Issue

a17de1c9-6471-4b9e-8891-b3b543d9e4a1

Active

1

2

* Appraisal incomplete (missing map, layout, pages, etc) (Lvl 2)

Private road agreement is missing Comparable 3 photo missing on Appraisal

No Document received to support this condition - 07/22

No Document received to support this condition - 07/22

QC Complete

07/01/2021

07/01/2021

XX

XDCXYWQGT1T

XX

Maryland

04/XX/2021

Purchase

Not Covered/Exempt

4

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

1

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Purchase contract date & Purchase price missing on Appraisal Contract section

QC Complete

06/21/2021

07/02/2021

07/02/2021

06/21/2021

XX

4JOJB3AQ3OH

XX

Idaho

04/XX/2021

Purchase

Not Covered/Exempt

1

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

3

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Missing Additional Value to support the original appraised value as the AVM confidence score exceeds 0.1300. The AVM confidence score is 0.290%.

07/22 BPO with as is value for XX within 10% variance for original appraised value of XX has been provided

07/22 BPO with as is value for XX within 10% variance for original appraised value of XX has been provided

QC Complete

07/01/2021

07/22/2021

07/22/2021

07/05/2021

XX

F2T5JP3V3R2

XX

Colorado

03/XX/2021

Purchase

Not Covered/Exempt

3

1

Compliance

Compliance

b4b2efca-3cd5-4046-946f-807cd5d39850

Resolved

3

R

* Missing Initial Closing Disclosure (Lvl R)

Initial Closing Disclosure is Missing in file. 07/13 Received Initial CD

QC Complete

07/02/2021

07/13/2021

07/13/2021

07/02/2021

XX

ZVEEOK5UQRR

XX

Florida

03/XX/2021

Purchase

Not Covered/Exempt

2

1

Credit

Guidelines

16778a39-ef96-4577-8234-aa9177f06e73

Resolved

2

R

* Income documentation does not meet guidelines (Lvl R)

Passive loss for $42125 (Monthly $3510.42), as reported on schedule E for 2019, was not deducted from total business income considered for XX DTI considering same has increased by 2.18%, from 28% to 30.18%

LOX Received from lender, risk is covered after taking loss as well - 07/20

LOX Received from lender, risk is covered after taking loss as well - 07/20

QC Complete

06/21/2021

07/20/2021

07/20/2021

06/21/2021

XX

ZVEEOK5UQRR

XX

Florida

03/XX/2021

Purchase

Not Covered/Exempt

2

1

Credit

Assets

65ffc271-a7cb-4c00-bffb-14c4d8fcab16

Resolved

2

R

* Assets Verification (Lvl R)

Total Assets as submitted to AUS were XX however only XX were verified through avaliable documents. Documments for XX Checking account with considered balance of XX was not found in the loan file.

LOX for asset tolerances rexeived - 07/20

LOX for asset tolerances rexeived - 07/20

QC Complete

06/21/2021

07/20/2021

07/20/2021

06/21/2021

XX

NMPRM2OQROF

XX

Missouri

04/XX/2021

Purchase

Not Covered/Exempt

3

1

Credit

Income

58184982-bc4a-4353-aa6a-ac35fcc53f31

Resolved

3

R

* Reverification within 10 days is missing (Lvl R)

Verbal Verification is missing.

Received VOE  - 07/23

Received VOE  - 07/23

QC Complete

07/02/2021

07/23/2021

07/23/2021

07/02/2021

XX

KBK1FBVR4UN

XX

Wisconsin

04/XX/2021

Purchase

Not Covered/Exempt

1

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

3

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Missing Additional Value to support the original appraised value as the AVM confidence score exceeds 0.1300. The AVM confidence score is 0.153%.

07/22 BPO with as is value of XX within 10% variance for original appraised value of XX has been provided

07/22 BPO with as is value of XX within 10% variance for original appraised value of XX has been provided

QC Complete

07/01/2021

07/22/2021

07/22/2021

07/05/2021

XX

JESGHFI4KZR

XX

California

04/XX/2021

Cash Out

Not Covered/Exempt

3

1

Credit

Guidelines

16778a39-ef96-4577-8234-aa9177f06e73

Resolved

3

R

* Income documentation does not meet guidelines (Lvl R)

Missing last two years W-2 transcript/Tax transcripts.

W2 not needed as Borrower is Wage Earner

W2 not needed as Borrower is Wage Earner

QC Complete

07/02/2021

07/16/2021

07/16/2021

07/02/2021

XX

JESGHFI4KZR

XX

California

04/XX/2021

Cash Out

Not Covered/Exempt

3

1

Credit

Credit

287af4e3-a828-44ad-a18f-4594aa5e38df

Resolved

3

R

* Excessive DTI (Lvl R)

DU AUS in the file shows approve eligible with the DTI of 47.51%, however the DTI of the subject loan calculated is 53.634%.  Loan was approved showing the income of $853.71 for the borrower, XX, however no income documentation in the file to verify that income.

Loan worked on after receiving lease agreement DTI is uner Tolerance Limit

Loan worked on after receiving lease agreement DTI is uner Tolerance Limit

QC Complete

07/02/2021

07/16/2021

07/16/2021

07/06/2021

XX

JESGHFI4KZR

XX

California

04/XX/2021

Cash Out

Not Covered/Exempt

3

1

AUS

AUS

9325f611-c110-4bce-be23-1105ec9f59e8

Resolved

3

R

* Missing DU/GUS/AUS as required by guidelines (Lvl R)

1) Documents to verify the purchase date for the property at XX is missing in the file, as on personal tax returns XX is not reported on Sch E;

Documents to verify the Gross rental amount of $4000 received for the property at XX 07/15 - Received Lease Agreement for where Rental Income  $ 4085

Documents to verify the Gross rental amount of $4000 received for the property at XX 07/15 - Received Lease Agreement for where Rental Income  $ 4085

QC Complete

07/02/2021

07/16/2021

07/16/2021

07/02/2021

XX

1LUQ5W4E4ZS

XX

Florida

04/XX/2021

Purchase

Not Covered/Exempt

3

1

Legal Docs

Doc Issue

0270b5a0-6846-4580-a03f-12f44a18d0d3

Resolved

3

R

* Note is missing or unexecuted (Lvl R)

A Copy of the Note document is missing from the loan file.

RESOLVED 07/27/2021: A copy of Note is provided.

RESOLVED 07/27/2021: A copy of Note is provided.

QC Complete

07/02/2021

07/27/2021

07/27/2021

06/20/2021

XX

ASVP45TVZER

XX

Idaho

04/XX/2021

Purchase

Not Covered/Exempt

3

1

Legal Docs

Doc Issue

0270b5a0-6846-4580-a03f-12f44a18d0d3

Resolved

3

R

* Note is missing or unexecuted (Lvl R)

A copy of the Note document is missing from the loan file.

RESOLVED 07/14/2021: A copy of Note is provided.

RESOLVED 07/14/2021: A copy of Note is provided.

QC Complete

06/30/2021

07/14/2021

07/14/2021

06/18/2021

XX

CZCPENLZRDW

XX

Florida

04/XX/2021

Purchase

Not Covered/Exempt

1

1

Valuation

Valuation

c566e888-4f7e-44b5-84f8-35398195f7a3

Resolved

3

R

* Automated Appraisal Review Incomplete or Data not complete (Lvl R)

Required additional valuation to support original appraisal value. Original Appraised value is XX and AVM's estimated value is XX (Variance is 6.141%). Confidence Score is 0.142. BPO dated 07/XX/2021 supports original appraisal value of XX Condition has been resolved

QC Complete

07/02/2021

07/14/2021

07/14/2021

07/05/2021

XX

SNVW4NDYPMY

XX

Washington

04/XX/2021

Cash Out

Not Covered/Exempt

4

1

Valuation

Property

54f64411-c4ab-48d5-8a97-62fa871dc2d8

Resolved

4

R

* Property Type unacceptable under guidelines (Lvl R)

Investmemt Property does not meet guidelines:  Appraiser states property is rented as temporary housing and not under lease.  Photo included by appraiser lists daily rental rates for subject property and other units in the project.  Guidelines do not allow short term lease properties. --- 7/XX/21 Received Letter from Caliber loan meets Freddie Guidelines FHLMC Bulletin 2017-12 https://guide.freddiemac.com/app/guide/bulletin/2017-12. Spoke to Client XX

7/XX/21 Received Letter from Caliber loan meets Freddie Guidelines FHLMC Bulletin 2017-12 https://guide.freddiemac.com/app/guide/bulletin/2017-12Please accept this letter of explanation confirming that  FHLMC Bulletin 2017-12 allows for short and long term rental income on refinances. Subject is investment operated as XX as con-firmed in report. we are NOT using rental income to qualify. Condition resolved.

7/XX/21 Received Letter from Caliber loan meets Freddie Guidelines FHLMC Bulletin 2017-12 https://guide.freddiemac.com/app/guide/bulletin/2017-12Please accept this letter of explanation confirming that  FHLMC Bulletin 2017-12 allows for short and long term rental income on refinances. Subject is investment operated as XX as con-firmed in report. we are NOT using rental income to qualify. Condition resolved.

DTI below 25% LTV% less than 80%

QC Complete

07/02/2021

07/22/2021

07/22/2021

07/11/2021