PRKCM 2021-AFC2 Trust ABS-15G

Exhibit 99.17

 

Exception Detail

Run Date - 11/11/2021 3:56:24 PM

Evolve Loan ID

Customer Loan ID

Seller Loan ID

Loan Exception ID

Exception ID

Exception Date

Exception Type

Exception Category

Exception Subcategory

Exception

Exception Detail

Exception Information

Exception Remediation

Compensating Factors

Follow-up Comments

Cleared Date

Cured Date

Waived Date

Exception Level Grade

Exception Level Rating

Note Date

Property State

Occupancy

Purpose

Overall Initial Loan Grade

Overall Final Loan Grade

Credit Initial Loan Grade

Credit Final Loan Grade

Compliance Initial Loan Grade

Compliance Final Loan Grade

Property Initial Loan Grade

Property Final Loan Grade

Originator QM ATR Status

TPR QM ATR Status

Is Curable

1262716

XXXXXXXXXX

XXXXXXXXXX

6091538

336

XXXXXXXXXX

Credit

UW Income/Employment

UW Income/Employment - UW - Income Other

Credit waived on the approval, no exception letter in file.

Credit report is not required per lender guideline for a foreign national borrower.

09/07/2021

A

1

XXXXXXXXXX

FL

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1262722

XXXXXXXXXX

XXXXXXXXXX

6068988

110

XXXXXXXXXX

Compliance

Deed of Trust/Mortgage

Deed of Trust/Mortgage - legal description is missing.

Legal description attachment is missing.

Information Provided

Reviewer 09/14/2021 02:37 PM; Please provide DOT with legal attached.

09/21/2021

A

1

XXXXXXXXXX

CA

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1262726

XXXXXXXXXX

XXXXXXXXXX

6068588

868

XXXXXXXXXX

Credit

Hazard Insurance

Hazard Insurance - Other:

Hazard policy needs to have a policy number.

Information Provided

09/16/2021

A

1

XXXXXXXXXX

FL

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1262729

XXXXXXXXXX

XXXXXXXXXX

6082453

72

XXXXXXXXXX

Compliance

Closing Package

Closing Package -

File must contain a borrower signed Business Purpose Affidavit.

Reviewer 09/13/2021 08:07 AM; The Business Purpose cert provided shows an address of XXXXXXX XXXXXX XXX. Note address is XXX XXXXXX XXX.   Please provide the Business Purpose cert for XXX XXXXXX XXX.  Client 09/22/2021 10:43 AM; The legal address of the property is XXX XXXXXX XXX because it was originally a SFR.  As noted in the building permits attached, the mailing addresses for all the unites are XXX, XXX, XXX, and XXX XXXXXX XXX when the additional units were added to the property and was the address identified by the applicant on their original 1003.  We believe the Business Purpose Certification is correctly completed and as Lender, we would want confirmation that all 4 unit addresses ar  Reviewer 09/22/2021 12:50 PM; Hello,
  Condition has been cleared. Thank you!  Reviewer 09/23/2021 09:26 AM; cleared 9/22

09/22/2021

A

1

XXXXXXXXXX

CA

I

13

A

A

A

A

N/A

N/A

A

A

Exempt

1

1262731

XXXXXXXXXX

XXXXXXXXXX

6079671

330

XXXXXXXXXX

Credit

UW Credit

UW Credit - UW - Credit Other

Missing Closing Disclosure for the purchase of XXX XXXXXXXXX XXXX

Note and Final CD received.

09/13/2021

A

1

XXXXXXXXXX

GA

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1262734

XXXXXXXXXX

XXXXXXXXXX

6084146

346

XXXXXXXXXX

Credit

UW Other

UW Other - UW - Complete Purchase Agreement

Provide purchase contract with all addendums.

Documentation has been provided.

09/06/2021

A

1

XXXXXXXXXX

FL

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1262737

XXXXXXXXXX

XXXXXXXXXX

6084179

330

XXXXXXXXXX

Credit

UW Credit

UW Credit - UW - Credit Other

Provide credit report.

Borrower is a foreign national per loan guidelines credit report not required.

09/03/2021

A

1

XXXXXXXXXX

FL

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1262744

XXXXXXXXXX

XXXXXXXXXX

6089160

396

XXXXXXXXXX

Credit

UW Credit

UW Credit - UW - Manual Credit Report Incomplete/Missing

Credit report either unavailable or not provided.

Credit report is not required per lender guideline for a foreign national borrower.

09/07/2021

A

1

XXXXXXXXXX

FL

I

1

D

A

D

A

N/A

N/A

A

A

Exempt

1

1262745

XXXXXXXXXX

XXXXXXXXXX

6071565

72

XXXXXXXXXX

Compliance

Closing Package

Closing Package -

File must contain a borrower signed Business Purpose Affidavit.

Information Provided

09/14/2021

A

1

XXXXXXXXXX

LA

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1266047

XXXXXXXXXX

XXXXXXXXXX

6088753

959

XXXXXXXXXX

Credit

Closing Package

Closing Package - IEADS Initial Escrow Account Disclosure Missing or Incorrect

Incorrect amount in disclosure vs. calculated

Information Provided

09/21/2021

A

1

XXXXXXXXXX

NJ

I

1

B

A

B

A

N/A

N/A

A

A

Exempt

1

1266052

XXXXXXXXXX

XXXXXXXXXX

6085967

72

XXXXXXXXXX

Compliance

Closing Package

Closing Package -

Occupancy is Investment AND loan is a Business Purpose Product then file must contain a borrower signed Business Purpose Affidavit.

Information Provided

09/13/2021

A

1

XXXXXXXXXX

FL

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1266057

XXXXXXXXXX

XXXXXXXXXX

6089758

865

XXXXXXXXXX

Compliance

Final 1003

Final 1003 - Other:

Please provide completed final 1003 to include contact phone number. Required for data entry.

Reviewer 09/17/2021 09:33 AM; Please provide corrected signed final application .  Client 09/22/2021 04:50 PM; No Signed Final Application needed. Only revised 1003 page is acceptable. Never received this condition before  Reviewer 09/23/2021 09:30 AM; compliance to review  Reviewer 09/23/2021 12:48 PM; Hello, 
 Condition has been cleared. Thank you!

09/23/2021

A

1

XXXXXXXXXX

FL

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1266058

XXXXXXXXXX

XXXXXXXXXX

6104334

330

XXXXXXXXXX

Credit

UW Credit

UW Credit - UW - Credit Other

Declaration Section of the Loan Application inaccurately indicates the borrower has not held ownership in a residence in the prior 3 years, however verification of mortgage in file shows the borrower owns their primary residence.

document provided

Reviewer 09/16/2021 03:56 PM; Borrower(s) to initial correction to declarations on 1003.    Client 09/22/2021 04:48 PM; We do not need borrower’s initial. Never received this condition before.  Reviewer 09/23/2021 09:28 AM; There was a chnge in the documentation without acknowledgement of the borrower. Have change initialed ore signed new application with correct infomation.  Client 09/24/2021 09:48 PM; “Section 5 Declarations 5A A question answering as No, and following question just need to be answer it if first question answer it as Yes. Do you still need this to be correct?”  Reviewer 09/27/2021 09:53 AM; compliance to review  Client 10/07/2021 09:23 PM; XXXX - has compliance review this yet? Thanks  Reviewer 10/08/2021 08:22 AM; cleared 10/8

10/08/2021

A

1

XXXXXXXXXX

FL

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1270314

XXXXXXXXXX

XXXXXXXXXX

6106366

72

XXXXXXXXXX

Compliance

Closing Package

Closing Package -

File must contain a borrower signed Business Purpose Affidavit.

Information Provided

09/16/2021

A

1

XXXXXXXXXX

FL

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1270321

XXXXXXXXXX

XXXXXXXXXX

6115218

187

XXXXXXXXXX

Credit

Flood Certificate

Flood Certificate - is missing.

Please provide missing Flood Certificate for loan.

Information Provided

09/21/2021

A

1

XXXXXXXXXX

TX

I

1

D

A

C

A

N/A

N/A

D

A

Exempt

1

1270321

XXXXXXXXXX

XXXXXXXXXX

6118296

262

XXXXXXXXXX

Valuation

UW Collateral

UW Collateral - UW -  Appraisal Report Missing

An Appraisal is missing.  Per the CDA, the Appraisal used was effective 8/16/2021 & dated 8/19/2021 by XXXXX XXXXX for XXXX,XXX.  The Appraisal in file is dated effective 8/19/2021 and signed 8/31/2021 by XXXXX XXXXX for XXXX,XXX.   The Loan Approval and 1008 state that the appraised value used was the one for XXXX,XXX.  Please provide the appraisal effective 8/16/2021 & dated 8/19/2021 by XXXXX XXXXX for XXXX,XXX.

received

10/04/2021

A

1

XXXXXXXXXX

TX

I

1

D

A

C

A

N/A

N/A

D

A

Exempt

1

1270321

XXXXXXXXXX

XXXXXXXXXX

6118503

260

XXXXXXXXXX

Valuation

UW Collateral

UW Collateral - UW - Appraisal Report Incomplete

The UCDP reports for Fannie & Freddie are for 1 appraisal (XXXXX XXXXX effective 8/19/2021).  Documentation in file shows a 2nd appraisal was used (XXXXX XXXXX effective 8/16/2021).  Please provide the UCDP/SSR submissions that include the additional appraisal.

Documentation has been provided.

10/11/2021

A

1

XXXXXXXXXX

TX

I

1

D

A

C

A

N/A

N/A

D

A

Exempt

1

1270323

XXXXXXXXXX

XXXXXXXXXX

6115629

270

XXXXXXXXXX

Valuation

UW Collateral

UW Collateral - UW - Satisfactory 2nd Appraisal Report

Contract is a FSBO and a 2nd appraisal is required per guidelines.

documentation provided and accepted

Reviewer 10/11/2021 07:13 PM; Same appraisal report provided, need a 2nd appraisal report per guidelines.

10/14/2021

A

1

XXXXXXXXXX

TX

I

1

C

A

C

A

N/A

N/A

C

A

Exempt

1

1270323

XXXXXXXXXX

XXXXXXXXXX

6115730

265

XXXXXXXXXX

Credit

UW Collateral

UW Collateral - UW - FNMA 1007 / FNMA 216

File missing 1007/216 as this is a DSCR loan and no lease is provided.

received

10/04/2021

A

1

XXXXXXXXXX

TX

I

1

C

A

C

A

N/A

N/A

C

A

Exempt

1

1270331

XXXXXXXXXX

XXXXXXXXXX

6105388

110

XXXXXXXXXX

Compliance

Deed of Trust/Mortgage

Deed of Trust/Mortgage - legal description is missing.

Information Provided

09/22/2021

B

2

XXXXXXXXXX

TX

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1270333

XXXXXXXXXX

XXXXXXXXXX

6118117

459

XXXXXXXXXX

Compliance

Note

Note - is missing - No Image of Note found in file

Information Provided

Reviewer 09/16/2021 02:37 PM; Clarification: There is a Note but it is not for the subject transaction. Missing Note for XXXXX XXXXXXXX XXXXXXXX XXXXXXXX, XX. Please provide Note with correct address and Borrower for this transaction.

10/05/2021

A

1

XXXXXXXXXX

FL

I

1

D

A

D

A

N/A

N/A

A

A

Exempt

1

1270333

XXXXXXXXXX

XXXXXXXXXX

6119325

344

XXXXXXXXXX

Credit

UW Other

UW Other - UW - Missing Terms of First

Missing Note reflecting 7/1 ARM, 3.75% interest, and loan amount of XXXX,XXX.XX per loan approval. The  contained a Note for a different property

received

10/04/2021

A

1

XXXXXXXXXX

FL

I

1

D

A

D

A

N/A

N/A

A

A

Exempt

1

1270333

XXXXXXXXXX

XXXXXXXXXX

6138186

108

XXXXXXXXXX

Compliance

Deed of Trust/Mortgage

Deed of Trust/Mortgage - is missing.

There is a Mortgage but it is not for the subject transaction. Missing fully executed Mortgage and all Riders for XXXXX XXXXXXXX XXXXXXXX XXXXXXXX, XX. Please provide DOT/Mortgage with correct address and Borrower for this transaction.

Information Provided

Reviewer 10/05/2021 08:12 AM; No documentation provided

10/11/2021

A

1

XXXXXXXXXX

FL

I

1

D

A

D

A

N/A

N/A

A

A

Exempt

1

1270333

XXXXXXXXXX

XXXXXXXXXX

6138196

959

XXXXXXXXXX

Credit

Closing Package

Closing Package - IEADS Initial Escrow Account Disclosure Missing or Incorrect

Missing IEADS for this transaction

Information Provided

10/05/2021

A

1

XXXXXXXXXX

FL

I

1

D

A

D

A

N/A

N/A

A

A

Exempt

1

1270333

XXXXXXXXXX

XXXXXXXXXX

6138251

973

XXXXXXXXXX

Compliance

Compliance

Compliance - CD- Other

Missing Final, signed CD or Final, signed Settlement Statement

Information Provided

10/05/2021

A

1

XXXXXXXXXX

FL

I

1

D

A

D

A

N/A

N/A

A

A

Exempt

1

1276902

XXXXXXXXXX

XXXXXXXXXX

6148502

330

XXXXXXXXXX

Credit

UW Credit

UW Credit - UW - Credit Other

Credit report not within file submission.

Waived by client - Borr Foreign National

09/22/2021

A

1

XXXXXXXXXX

VA

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1276903

XXXXXXXXXX

XXXXXXXXXX

6222569

184

XXXXXXXXXX

Credit

Flood Certificate

Flood Certificate - Property address incorrect or missing

Property address on Flood cert does not match property address on Note

Documents in file are acceptable.

Client 10/15/2021 01:21 PM; 
 The subject property is located within the master development known as XXX XXXXXXXXXX XXXXXXXX XX XXXXXXXXXXX has a XXXXXXXXXX
 address in zip code XXXXX, and is located in XXXXXXXX XXXXXX. The subject neighborhood known as XXXXXXXX XXXX XXXXX is
 still under construction. Its mailing address is XXXXXXXXXX, XX XXXXX; but the property is physically located in zip code XXXXX and is in XXXXXXX XXXXXX. Please waive. Thank you.  Reviewer 10/15/2021 02:15 PM; compliance to review  Reviewer 10/18/2021 08:44 AM; Hello, 
 The address must be corrected to reflect as note does. 
 Thank you!

10/19/2021

A

1

XXXXXXXXXX

FL

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1276907

XXXXXXXXXX

XXXXXXXXXX

6148328

270

XXXXXXXXXX

Valuation

UW Collateral

UW Collateral - UW - Satisfactory 2nd Appraisal Report

Missing 2nd Appraisal Report as required for loans over XXXXXXXXXX.

Documentation has been provided.

10/05/2021

A

1

XXXXXXXXXX

CA

I

1

C

A

A

A

N/A

N/A

C

A

Exempt

1

1276914

XXXXXXXXXX

XXXXXXXXXX

6144599

959

XXXXXXXXXX

Credit

Closing Package

Closing Package - IEADS Initial Escrow Account Disclosure Missing or Incorrect

IEADS Initial Deposit Letter does not match Line G of CD.  Letter showing an amount of XXXX.XX and CD lists amount of XXXX.XX.

Information Provided

09/29/2021

A

1

XXXXXXXXXX

VA

I

1

B

A

B

A

N/A

N/A

A

A

Exempt

1

1279464

XXXXXXXXXX

XXXXXXXXXX

6155516

320

XXXXXXXXXX

Credit

UW Assets

UW Assets - UW - Asset Other

Asset statements missing from file.

Asset letter (VOD) from XXX #XXXX dated 8/31/2021 received.

09/27/2021

A

1

XXXXXXXXXX

SC

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1279467

XXXXXXXXXX

XXXXXXXXXX

6155099

875

XXXXXXXXXX

Compliance

Disclosure

Disclosure - Other:

File must contain a borrower signed Business Purpose Affidavit.

Information Provided

09/28/2021

A

1

XXXXXXXXXX

FL

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1279471

XXXXXXXXXX

XXXXXXXXXX

6156382

320

XXXXXXXXXX

Credit

UW Assets

UW Assets - UW - Asset Other

Verification of Deposit was expired. Verification of Deposit from XXX acct ending XXXX reflects an effective date of 09/10/2010. A more recent verification was not provided.

Loan documents in file are acceptable.

Client 10/04/2021 12:48 PM; Please see the page 79 of the package. It verifies the balance of $20,178.3 as of 09/04/21 as well as the EMD. Borrower's name not on it but the account are verified in other documents such as expired VOD, wire confirmation documents provided.  Reviewer 10/05/2021 01:23 PM; Account documentation needs to identify borrower and be current.  Reviewer 10/05/2021 01:23 PM; Account documentation needs to identify borrower and be current.  Client 10/07/2021 10:40 AM; -Despite the fact that VOD’s date is incorrect, it does confirm that our borrower is the owner of the account. Given the fact that the account holder is our borrower, we then can verify available balance on the account via additional documents such as a transaction history and wire confirmation. In conclusion, provided documents present enough evidence to confirm: 1) who the owner is; and 2) what’s the current balance; all the required information we need from an ass  Reviewer 10/08/2021 08:09 AM; your guideline requires the asset documents to be within 60 day of Note. This document exceed that requirement  Client 10/12/2021 06:00 PM; The expiration date is counted from the most recent balance update date, not the original asset document. In this case, there is a transaction history and available balance verified as of 09/04/21. So, you need to count expiration from 09/04/21 which is good until the note date.  Client 10/12/2021 08:07 PM; The XXX checking transaction page lists the account number - XXXX. This info matches the wire transfer detail and the VOD. We can determine this is the same account and for our borrower. Please waive.  Reviewer 10/13/2021 11:14 AM; documentation provided is duplicate to what was already received,  Document shows no proof of ownership.  Reviewer 10/14/2021 09:20 AM; Document shows no proof of ownership.  Reviewer 10/14/2021 09:27 AM; Document shows no proof of ownership.  Client 10/14/2021 06:29 PM; Please see uw's response: -The VOD already confirms ownership of the account, and the transaction page is an updated information of the account verified by the VOD. Please look at asset documents as a whole not one by one.
 
 Thank you.  Reviewer 10/15/2021 01:18 PM; document provided to meet expirations issue does not show ownership

10/18/2021

A

1

XXXXXXXXXX

GA

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1279474

XXXXXXXXXX

XXXXXXXXXX

6160624

459

XXXXXXXXXX

Compliance

Note

Note - is missing - No Image of Note found in file

Information Provided

10/05/2021

A

1

XXXXXXXXXX

NV

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1279475

XXXXXXXXXX

XXXXXXXXXX

6155936

187

XXXXXXXXXX

Credit

Flood Certificate

Flood Certificate - is missing.

flood cert is missing.

Information Provided

10/04/2021

A

1

XXXXXXXXXX

NV

I

13

C

A

C

A

N/A

N/A

A

A

Exempt

1

1279480

XXXXXXXXXX

XXXXXXXXXX

6156269

434

XXXXXXXXXX

Credit

UW Assets

UW Assets - UW - Shorts Funds for Reserves

No Bank statements or assets in file to cover Reserve Requirements. REQUIRED RESERVES  2472.68*3MO=7418.04. Requesting Bank Statements or assets to cover reserve requirements. (STATED ASSETS XXX XXXXXXX 22,831.56)

RECEIVED

10/04/2021

A

1

XXXXXXXXXX

GA

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1283943

XXXXXXXXXX

XXXXXXXXXX

6173651

72

XXXXXXXXXX

Compliance

Closing Package

Closing Package -

Occupancy is Investment AND loan is a Business Purpose Product then file must contain a borrower signed Business Purpose Affidavit.

10/08/2021

B

2

XXXXXXXXXX

CA

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1283943

XXXXXXXXXX

XXXXXXXXXX

6175403

346

XXXXXXXXXX

Credit

UW Other

UW Other - UW - Complete Purchase Agreement

Complete Purchase Agreement is missing. The file contains only the Purchase Price & Payment Addendum, Financing & Broker Information, and the Change Order Addendum.  Please provide the complete purchase agreement.

received

10/08/2021

A

1

XXXXXXXXXX

CA

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1283944

XXXXXXXXXX

XXXXXXXXXX

6173656

72

XXXXXXXXXX

Compliance

Closing Package

Closing Package -

Occupancy is Investment AND loan is a Business Purpose Product then file must contain a borrower signed Business Purpose Affidavit.

10/07/2021

B

2

XXXXXXXXXX

CA

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1283946

XXXXXXXXXX

XXXXXXXXXX

6173658

72

XXXXXXXXXX

Compliance

Closing Package

Closing Package -

Occupancy is Investment AND loan is a Business Purpose Product then file must contain a borrower signed Business Purpose Affidavit.

10/07/2021

B

2

XXXXXXXXXX

CA

I

1

A

B

A

A

N/A

N/A

A

B

Exempt

1

1283948

XXXXXXXXXX

XXXXXXXXXX

6173660

72

XXXXXXXXXX

Compliance

Closing Package

Closing Package -

Occupancy is Investment AND loan is a Business Purpose Product then file must contain a borrower signed Business Purpose Affidavit.

Information Provided

10/11/2021

A

1

XXXXXXXXXX

CA

I

13

A

A

A

A

N/A

N/A

A

A

Exempt

1

1283949

XXXXXXXXXX

XXXXXXXXXX

6173670

72

XXXXXXXXXX

Compliance

Closing Package

Closing Package -

Occupancy is Investment AND loan is a Business Purpose Product then file must contain a borrower signed Business Purpose Affidavit.

10/08/2021

B

2

XXXXXXXXXX

CA

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1283955

XXXXXXXXXX

XXXXXXXXXX

6181378

666

XXXXXXXXXX

Compliance

Sales Contract

Sales Contract - Compliance \ Sales Contract missing

Sales Contract counter reflects a sales price of $X,XXX,XXX.  Loan Approval reflects X,XXX,XXX.  This will also impact funds to close.

Information Provided

Reviewer 10/12/2021 09:08 AM; Document not provided.

10/13/2021

A

1

XXXXXXXXXX

CA

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1283957

XXXXXXXXXX

XXXXXXXXXX

6172951

187

XXXXXXXXXX

Credit

Flood Certificate

Flood Certificate - is missing.

Flood Certificate is missing.

Information Provided

10/11/2021

A

1

XXXXXXXXXX

FL

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1283967

XXXXXXXXXX

XXXXXXXXXX

6174779

320

XXXXXXXXXX

Credit

UW Assets

UW Assets - UW - Asset Other

No assets have been verified for XXXXX #XXXX with estimated balance of $79,426.00.

Documentation has been provided.

10/09/2021

A

1

XXXXXXXXXX

CA

I

3

A

A

A

A

N/A

N/A

A

A

Exempt

1

1283972

XXXXXXXXXX

XXXXXXXXXX

6171845

875

XXXXXXXXXX

Compliance

Disclosure

Disclosure - Other:

Missing  Borrower Signed Business Purpose Affidavit

Document is in the initial file submission.

10/01/2021

A

1

XXXXXXXXXX

NV

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1

1283990

XXXXXXXXXX

XXXXXXXXXX

6177724

323

XXXXXXXXXX

Credit

UW Credit

UW Credit - UW - Credit Requirements for Program

File is a DSCR Business Purpose loan.  The file is missing a signed Business Purpose Loan Certification form.  The document on file is unsigned. Please provide a borrower-signed copy.

Documentation has been provided.

10/11/2021

A

1

XXXXXXXXXX

TX

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1283990

XXXXXXXXXX

XXXXXXXXXX

6177874

387

XXXXXXXXXX

Credit

UW Credit

UW Credit - UW - Taxes and Insurance documentation

Property Insurance discrepancy.  Per the documentation in file, property insurance with XXXXX XXXX (issued 8/23/2021 for period 9/07/21-9/07/22) has a premium of XXXX.XX.  Per the Final CD, Initial Escrow, and Payment Letter to borrower, insurance is $XX.XXXX/XXX0yr.  If insurance is really XXXXXXX, please provide the newer/revised policy.  However, if the insurance is really XXXXXXXXX, please provide the revised closing documentation to correct this.

Documentation has been provided.

10/11/2021

A

1

XXXXXXXXXX

TX

I

1

C

A

C

A

N/A

N/A

A

A

Exempt

1

1288040

XXXXXXXXXX

XXXXXXXXXX

6199381

229

XXXXXXXXXX

Compliance

UW Approval

UW Approval - Signed underwriting approval not in the file:

Missing the XXXXXX internal Conditional Loan Approval form.

Documents provided.

10/19/2021

A

1

XXXXXXXXXX

CA

I

1

A

A

A

A

N/A

N/A

A

A

Exempt

1