Exhibit 99.7

Client Name:
Client Project Name:	CSMC 2020-AFC1
Start - End Dates:	11/23/2018 - 12/13/2019
Deal Loan Count:	786
Conditions Report 2.0
Loans in Report:	786
Loans with Conditions:	704

56 - Total Active Conditions
	56 - Non-Material Conditions
		19 - Credit Review Scope
			1 - Category: Application
			8 - Category: Assets
			6 - Category: Credit/Mtg History
			1 - Category: Income/Employment
			1 - Category: Insurance
			1 - Category: LTV/CLTV
			1 - Category: Terms/Guidelines
		2 - Property Valuations Review Scope
			1 - Category: Appraisal
			1 - Category: Property
		35 - Compliance Review Scope
			1 - Category: Federal Consumer Protection
			2 - Category: RESPA
			3 - Category: State Consumer Protection
			23 - Category: State Rate Spread
			6 - Category: TILA/RESPA Integrated Disclosure
1575 - Total Satisfied Conditions
		240 - Credit Review Scope
			28 - Category: Application
			45 - Category: Assets
			12 - Category: Credit/Mtg History
			16 - Category: DTI
			24 - Category: Income/Employment
			40 - Category: Insurance
			7 - Category: Legal Documents
			1 - Category: LTV/CLTV
			65 - Category: Terms/Guidelines
			2 - Category: Title
		513 - Property Valuations Review Scope
			507 - Category: Appraisal
			2 - Category: FEMA
			3 - Category: Property
			1 - Category: Value
		822 - Compliance Review Scope
			1 - Category: Ability to Repay/Qualified Mortgage
			4 - Category: Compliance Manual
			2 - Category: County High Cost
			13 - Category: Documentation
			7 - Category: Federal Consumer Protection
			1 - Category: Federal Higher-Priced
			1 - Category: Finance Charge Tolerance
			10 - Category: RESPA
			105 - Category: Right of Rescission
			1 - Category: State Anti-Predatory
			2 - Category: State Consumer Protection
			1 - Category: State High Cost
			2 - Category: Texas Home Equity
			672 - Category: TILA/RESPA Integrated Disclosure
3 - Total Waived Conditions
		1 - Credit Review Scope
			1 - Category: Terms/Guidelines
		2 - Property Valuations Review Scope
			2 - Category: Property
©2020 Clayton Services LLC. All rights reserved. Ownership and use of this report is governed by the legal agreement between Clayton and the party for which it was prepared. Any use not expressly authorized by such agreement, including reliance on this report by anyone other than such party, is prohibited.

Client Name:
Client Project Name:	CSMC 2020-AFC1
Start - End Dates:	11/23/2018 - 12/13/2019
Deal Loan Count:	786
Conditions Report 2.0
Loans in Report:	786
Loans with Conditions:	704

Loan Number

Original Principal Balance

State

Initial Lender ATR/QM Status

Loan Level ATR/QM Status

Initial Securitization Overall Loan Grade

Final Securitization Overall Loan Grade

Initial Securitization Credit Loan Grade

Final Securitization Credit Loan Grade

Initial Securitization Property Valuations Loan Grade

Final Securitization Property Valuations Loan Grade

Initial Securitization Compliance Loan Grade

Final Securitization Compliance Loan Grade

Initial S&P Overall Loan Grade

Final S&P Overall Loan Grade

Initial S&P Credit Loan Grade

Final S&P Credit Loan Grade

Initial S&P Property Valuations Loan Grade

Final S&P Property Valuations Loan Grade

Initial S&P Compliance Loan Grade

Final S&P Compliance Loan Grade

Condition Category

Condition Sub Category

Condition Status

Initial Securitization Condition Grade

Final Securitization Condition Grade

Initial S&P Condition Grade

Final S&P Condition Grade

Condition Code

Condition Description

Condition Material Indicator

Initial Comments

Client/Seller Response Comments

Conclusion Comments

TRID Error Type

Cure Method

Compensating Factors

Loan Status

430765358

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error - The seller CD xx/x/x/xxxx loan costs section B for wire fee, section C for pest, sub-escrow, doc preparation, settlement agent, and wire fees are missing on the final CD xx/x/x/xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $$18,306.81 or 13.45 months of P&I.Required P&I Reserves are $1,361.22 x 6 = $8,167.32. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 816; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 49.02%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 31.94%; max allowable is 49%.

Complete

430765358

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  The following fees (lines 03 & 4) identify the payees as "TBD": Home Owners Warranty & Natural Hazard Disclosure

12.15.19 Received pccd from client.

12.15.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $$18,306.81 or 13.45 months of P&I.Required P&I Reserves are $1,361.22 x 6 = $8,167.32. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 816; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 49.02%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 31.94%; max allowable is 49%.

Complete

430765358

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.13.19 Updated value received, appraised value supported.

12.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $$18,306.81 or 13.45 months of P&I.Required P&I Reserves are $1,361.22 x 6 = $8,167.32. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 816; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 49.02%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 31.94%; max allowable is 49%.

Complete

430497124

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65% is below the max LTV of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 37.10% is below the max DTI of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 30 years

Complete

430366974

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

B

A

D

A

A

A

D

A

B

A

D

A

A

A

Credit

Application

Satisfied

B

A

B

A

CRDAPP2658

Missing 3rd-party anti-fraud report

No

Missing 3rd-party anti-fraud report

7.15.19 Received 3rd Party Fraud Report

7.15.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $40.201.47 or 16.77 months P&I. 6 months required. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 18 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  35.05% DTI is below max of 49%

Client Complete

430366974

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

B

A

D

A

A

A

D

A

B

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.12.19 Updated value received, appraised value supported.

07.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $40.201.47 or 16.77 months P&I. 6 months required. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 18 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  35.05% DTI is below max of 49%

Client Complete

430448929

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: NHD Report Fee (line 02) lists payee as "TBD".

9.3.19 Received pccd from client.

9.3.19 exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 660.  Borrower's qualifying score is 678.

Complete

430448929

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 660.  Borrower's qualifying score is 678.

Complete

430448930

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Title fees that are Seller-Paid do not appear in the Seller-Paid column of the final CD in file.

(No Data)

Exception can be satisfied as they appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 720. Borrower's qualifying score is 788. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Minimum mortgage history is 1x30 in last 12 months.  Borrower has 24 month history with -0- late pays.

Complete

430497125

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.12.19 Updated value received, appraised value supported.

09.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 10 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 765 minimum allowed is 680 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at subject for the past 18 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required P&I Reserves are 6 months P&IVerified 102.48 months of P&I Reserves

Complete

430531406

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score 700.  Borrower has qualifying score of 734. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have reserves of 12 months  P&I and borrower has 14 months of P&I.

Complete

430531407

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.25.19 Updated value received, appraised value supported.

09.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 23.16 % Guidelines allow 49 % CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $15,611.42 or 11.31 months of P&IRequired P&I Reserves are $1,380.73 x 6 = $8,284.38

Complete

430531408

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

The disbursement date per the final CD is XXX. ROR - Disbursement date is on the disclosed "midnight of" date.

9.30.19 Received new NORTC form from client.

9.30.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 51.24% Guidelines allow 70% with a 707 credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 43.66 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 707 Guidelines allow 660 with a 51.24% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $51,763.79 or 40.54 months of P&IRequired P&I Reserves are $1,276.74 x 6 = $7,660.44

Complete

430531408

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR1909

Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor

No

Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor.

9.30.19 Received new NORTC form from client.

9.30.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 51.24% Guidelines allow 70% with a 707 credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 43.66 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 707 Guidelines allow 660 with a 51.24% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $51,763.79 or 40.54 months of P&IRequired P&I Reserves are $1,276.74 x 6 = $7,660.44

Complete

430531408

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

ROR - Disbursement date is before end of statutory rescission period.

9.30.19 Received new NORTC form from client.

9.30.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 51.24% Guidelines allow 70% with a 707 credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 43.66 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 707 Guidelines allow 660 with a 51.24% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $51,763.79 or 40.54 months of P&IRequired P&I Reserves are $1,276.74 x 6 = $7,660.44

Complete

430531408

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 51.24% Guidelines allow 70% with a 707 credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 43.66 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 707 Guidelines allow 660 with a 51.24% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $51,763.79 or 40.54 months of P&IRequired P&I Reserves are $1,276.74 x 6 = $7,660.44

Complete

430531409

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 70%.  Actual LTV is 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $33,959.24 or14.92 months of P&I. Required reserves of $2,275.55x6=$13,653.30. CFCFS1744: DTI below guideline requirement - Clayton Comments:  19.72% DTI is below maximum of 49%.

Complete

430678884

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.31.19 Updated value received, appraised value supported.

10.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  756 credit score exceeds minimum of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  31.54% DTI is below maximum of 49%.

Complete

430448932

XXXXXX

GA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Proof of borrower's mothers ownership of XXX PropertyNote in file is from  2004 and not signed

8.21.19 - Received a MERS status which shows mortgage Active, not who is on Mortgage or NoteA copy of the signed  Executed Note is Acceptable, but an un-signed Copy is not.8.22.19 - lender provided property profile for XXX showing not in the borrower's name.

8.21.19 Exception remains8.22.19 - exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for the past 13 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 784, minimum allowed is 700

Complete

430448932

XXXXXX

GA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Missing 3rd Party Fraud Report

8.21.19 Received DV

8.21.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for the past 13 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 784, minimum allowed is 700

Complete

430448932

XXXXXX

GA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3124

Loan documents do not meet guideline requirements

No

Missing Loan Detail Report

8.20.19 Received additional information on the reports format

8.20.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for the past 13 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 784, minimum allowed is 700

Complete

430668566

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.31.19 Updated value received, appraised value supported.

10.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  The borrower has been XXX in same business for more than 6.5 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 37.50 is below the guideline max allowable of 43%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $14,810.7 or 14.04 months of PITIA.Required PITIA Reserves are $1,055.25 x3 months =$3,165.75 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  710 credit score.  Minimum required is 640.

Client Complete

430531410

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Loan amount is $xxxx and Insurance dwelling is $xxxx. Per new XXX guidelines when there is no estimated cost to rebuild you must use the lower of the loan amount or 80% of the appraised value which is $xxxx. Insufficient coverage.

9.27.19 - Receive RCE and supports HOI in file

9.27.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 771 exceeds guideline requirement of 720 due to Interest Only. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 35.09% is below the max allowable guideline of 49.00% CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 54.84% is below the guideline max allowable of 65%.

Complete

430448933

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Federal Consumer Protection

Satisfied

B

A

B

A

CMPFDCP847

TILA - ARM Loan Program Disclosure after 3 days from application

No

ARM Loan Program Disclosure in file is not dated.  No proof of delivery within 3 days of initial application date xxxx

8.15.19 Received ARM Disclosure dated 6.24.19

8.15.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 693, minimum allowed for an LTV of 70% is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 60 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 26.99%, maximum allowed is 49%.

Complete

430448933

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

RESPA

Satisfied

B

A

B

A

CMPRESPA2698

RESPA - List of homeowners counseling organizations not in file

No

Missing List of homeowners counseling organizations from file.

8.15.19 Received  HCO

8.15.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 693, minimum allowed for an LTV of 70% is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 60 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 26.99%, maximum allowed is 49%.

Complete

430448933

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Seller paid title fees do not appear on the Final CD xx/x/x/xxxx.

(No Data)

Exception can be satisfied as they appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 693, minimum allowed for an LTV of 70% is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 60 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 26.99%, maximum allowed is 49%.

Complete

430448933

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

No

There is no evidence of the delivery for Initial CD xx/x/x/xxxx. There is no copy with signature/e-signature no proof of delivery. As a result, the loan was consummated prior to end of waiting period.

8.16.19 Received proof of delivery from client.

8.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 693, minimum allowed for an LTV of 70% is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 60 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 26.99%, maximum allowed is 49%.

Complete

430448933

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4348

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - AIR Table Section - Index is missing time covered; is only listed as LIBOR.

8.19.19 Received PCCD from client.

8.19.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 693, minimum allowed for an LTV of 70% is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 60 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 26.99%, maximum allowed is 49%.

Complete

430448933

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER3124

Loan documents do not meet guideline requirements

No

Tax Preparer letter in file does not state they prepared or reviewed the borrower's taxes for the last 2 years as required by guidelines.

8.21.19 Received updated CPA Letter

8.21.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 693, minimum allowed for an LTV of 70% is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 60 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 26.99%, maximum allowed is 49%.

Complete

430448933

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Missing Loan Detail Report

8.15.19 Received Loan Detail Report

8.15.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 693, minimum allowed for an LTV of 70% is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 60 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 26.99%, maximum allowed is 49%.

Complete

430448933

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.09.19 Updated value received, appraised value supported.

08.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 693, minimum allowed for an LTV of 70% is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 60 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 26.99%, maximum allowed is 49%.

Complete

430668568

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

10.31.19 Received PCCD from client.

10.31.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets $47,283.75 or 13.60 months P&I.  Required assets $3,478.24 x 6=$20,869.44 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.06% DTI is below max of 49%

Complete

430668568

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Credit

Application

Satisfied

B

A

B

A

CRDAPP130

Application is incomplete

No

Final 1003 shows borrower as wage earner. However CPA letter lists as 90% owner.

11.4.19 - Received corrected 1003 showing XXX

11.4.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets $47,283.75 or 13.60 months P&I.  Required assets $3,478.24 x 6=$20,869.44 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.06% DTI is below max of 49%

Complete

430668568

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.31.19 Updated value received, appraised value supported.

10.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets $47,283.75 or 13.60 months P&I.  Required assets $3,478.24 x 6=$20,869.44 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.06% DTI is below max of 49%

Complete

430531412

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

RESPA

Active

B

B

B

B

CMPRESPA2700

RESPA - List of homeowners counseling organizations not provided w/in 3 days of application

No

Homeowners Counseling Organizations in file is dated 08/23/2019. Initial application was issued on xx/xx/xxxx.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $14,322.747 or 22.45 months of P&I; Required P&I Reserves are $638.09x6=$3828.54. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 680; qualifying credit score is 697 CFCFS1736: Significant time at current residence - Clayton Comments:  B1 has been in current job for 16 years

Complete

430531412

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $14,322.747 or 22.45 months of P&I; Required P&I Reserves are $638.09x6=$3828.54. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 680; qualifying credit score is 697 CFCFS1736: Significant time at current residence - Clayton Comments:  B1 has been in current job for 16 years

Complete

419802638

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Legal Documents

Satisfied

D

A

D

A

CRDLGL4033

Missing Legal Document(s)

No

Missing 1st page of signed ARM rider.

12/12/2018 Received complete executed ARM Rider from client.

12/12/2018 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 761 exceeds the minimum FICO of 700 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the max LTV of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of  $52,805.01 or 33.36 months.  Guidelines require 6 months.

Client Complete

419802638

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.18.18 ClearCapital Desk Review received valued at $XXX dated 12.17.18, value supported.

12.18.18 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 761 exceeds the minimum FICO of 700 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the max LTV of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of  $52,805.01 or 33.36 months.  Guidelines require 6 months.

Client Complete

430448936

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 694 exceeds the minimum  fico of 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is below the max ltv of 75% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $48,965.44  or 22.70 months of P&I  Required P&I Reserves are $2157.34 x 6 months = $12,944.84

Complete

430448937

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Federal Consumer Protection

Satisfied

B

A

B

A

CMPFDCP847

TILA - ARM Loan Program Disclosure after 3 days from application

No

Application is dated xx/xx/xxxx. ARM Loan Program Disclosure signed for on 07/31/2019 is after 3 days from application.

8/7/19 Lender provided Initial ARM disclosure dated 5/28/19

8/7/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current employer for 20 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  20 months P&I exceed required of 6 months P&I

Client Complete

430448937

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

RESPA

Satisfied

B

A

B

A

CMPRESPA2698

RESPA - List of homeowners counseling organizations not in file

No

RESPA - List of homeowners counseling organizations not in file.

8/7/19 Lender provided Housing Counselors Disclosure dated 5/24/19

8/7/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current employer for 20 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  20 months P&I exceed required of 6 months P&I

Client Complete

430448937

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4348

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Adjustable Interest Rate (AIR) Table Index is missing the amount of months covered.

8/7/19 Lender provided corrected PCCD 8/6/19

8/7/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current employer for 20 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  20 months P&I exceed required of 6 months P&I

Client Complete

430448937

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.07.19 Updated value received, appraised value supported.

08.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current employer for 20 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  20 months P&I exceed required of 6 months P&I

Client Complete

430448938

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Federal Consumer Protection

Satisfied

B

A

B

A

CMPFDCP847

TILA - ARM Loan Program Disclosure after 3 days from application

No

Initial ARM Loan Program Disclosure in file is attached to LE issued on xxx. Initial application dated xxxx.

8.21.19 Received ARM disclosure

8.21.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 22.60%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 763 exceeds the minimum  FICO of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is below the max LTV of 80%

Complete

430448938

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

RESPA

Satisfied

B

A

B

A

CMPRESPA2698

RESPA - List of homeowners counseling organizations not in file

No

List of homeowners counseling organizations not in file.

8.21.19 Received HCO

8.21.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 22.60%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 763 exceeds the minimum  FICO of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is below the max LTV of 80%

Complete

430448938

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

RESPA

Satisfied

B

A

B

A

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

No

Required Affiliate Business Disclosure missing from file.

8.20.19 - lender responded retail loan, no affiliates

8.20.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 22.60%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 763 exceeds the minimum  FICO of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is below the max LTV of 80%

Complete

430448938

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4348

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Section: Adjustable Interest Rate (AIR) Table, Index is missing product type (# of years).

8.23.19 Received PCCD from client.

8.23.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 22.60%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 763 exceeds the minimum  FICO of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is below the max LTV of 80%

Complete

430448938

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.16.19 Updated value received, appraised value supported.

08.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 22.60%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 763 exceeds the minimum  FICO of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is below the max LTV of 80%

Complete

430448939

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Federal Consumer Protection

Satisfied

B

A

B

A

CMPFDCP847

TILA - ARM Loan Program Disclosure after 3 days from application

No

The Initial ARM Loan Program Disclosure in the file is attached to the LE issued on 07/23/2019. The initial application was dated on xx/xx/xxxx.

8.26.19 Received arm disclosure from client.

8.26.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 755 exceed required of 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  175.77 months P&I exceed required of 6 months. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit exceed 24 months.

Complete

430448939

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

RESPA

Active

B

B

B

B

CMPRESPA2698

RESPA - List of homeowners counseling organizations not in file

No

List of homeowners counseling organizations not in file.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 755 exceed required of 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  175.77 months P&I exceed required of 6 months. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit exceed 24 months.

Complete

430448939

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

No

Initial CD xx/x/x/xxxx  is not signed/e-signed (there is no E-Consent) and there is no proof of delivery by a XXX eSign Certification. The loan was consummated on XXX prior to the end of the assumed receipt date and 3 day waiting period.

8.23.19 Received MDIA from client.

8.23.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 755 exceed required of 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  175.77 months P&I exceed required of 6 months. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit exceed 24 months.

Complete

430448939

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.16.19 Updated value received, appraised value supported.

08.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 755 exceed required of 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  175.77 months P&I exceed required of 6 months. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit exceed 24 months.

Complete

430678886

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.31.19 Updated value received, appraised value supported.

10.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 65%, Guidelines allow 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 36.33%, Guidelines allow 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $14,883.22 or 11.51 months of P&I reserves. Required P&I Reserves are $ 1,292.16 x 6 = $7,752.96

Complete

430448940

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 660; qualifying credit score is 709 with an LTV of 70%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 80% transaction LTV is 70% with a credit score of 709. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 21.39%

Complete

430497126

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Finance Charge Tolerance

Satisfied

C

B

C

B

CMPFINT4372

TILA/TRID-Disclosed Amount Financed is higher than Claytons calculated Amount Financed

No

Non-numerical error: The Disclosed Amount Financed (xxxx)  is higher than what was calculated Financed (xxxx) by 300.00.

9.20.19 Received audit form from client, document appears to not include borrower paid attorney fee in amount of $525 section C in apr. 9/26/19 Received PCCD and refund from client.

9.26.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 700.  Borrower's qualifying score is 798.

Complete

430497126

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.17.19 Updated value received, appraised value supported.

09.17.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 700.  Borrower's qualifying score is 798.

Complete

430448941

XXXXXX

SC

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 660.  Borrower's qualifying score is 790. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  6 months of P&I is required. Borrower has 21 months of P&I. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV 80%.  Actual LTV is 69.74%.

Complete

430531414

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 766 exceeds the minimum fico of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 41.50% is below the max DTI of 49%

Complete

430765361

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4348

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric-Material Error: Final CD xx/x/x/xxxx AIR Table, the Type of Index is missing.

12.5.19 Received PCCD from client.

12.5.19 exception satisfied.

Hybrid

Not Applicable

CFCFS1739: Postive mortgage payment history - Clayton Comments:  Postive mortgage payment history CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 64.88%, maximum allowed is 70% LTV

Complete

430765361

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Property Valuations

Appraisal

Satisfied

N/A

A

N/A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.05.19 Updated value received, appraised value supported.

12.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history - Clayton Comments:  Postive mortgage payment history CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 64.88%, maximum allowed is 70% LTV

Complete

430668576

XXXXXX

GA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.31.19 Updated value received, appraised value supported.

10.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $30,186.77 or 29.61 months of P&I. Required P&I Reserves are $1,019.37 x 6 = $6,116.22. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 781; minimum required score is 650. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 80%.

Complete

430709252

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error: Final CD xx/x/x/xxxx The value $xxxx for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value $xxxx disclosed on the last LE xx/x/x/xxxx.

11/27/19 Lender provided PCCD 11/26/19

11/27/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 668; minimum required score is 660. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.65%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in same profession 5 years.

Complete

430709252

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4311

TRID - CD: The value for Adjustments and Other Credits in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error: Final CD xx/x/x/xxxx The value $xxxx for Adjustments and Other Credits in the LE column of the CD's Calculating Cash to Close table is different from the value $xxxx disclosed on the last LE xx/x/x/xxxx.

11/27/19 Lender provided PCCD 11/26/19

11/27/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 668; minimum required score is 660. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.65%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in same profession 5 years.

Complete

430709252

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.27.19 Updated value received, appraised value supported.

11.27.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 668; minimum required score is 660. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.65%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in same profession 5 years.

Complete

430765364

XXXXXX

GA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.09.19 Updated value received, appraised value supported.

12.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  764 credit score exceeds minimum 680 with a 70% LTV for a cash out refinance. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $236,422.16 or 172.29 months of P&IRequired P&I Reserves are $1,372.23 x 6 = $8,233.38.

Complete

430765365

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4348

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Material Error: Final CD xx/x/x/xxxx AIR Table is missing the Index term.

12.6.19 Received pccd from client.

12.6.19 exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 75% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 723 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Complete

430765365

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Missing Replacement cost estimate.

12.10.19 Received RCE to support HOI Policy

12.10.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 75% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 723 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Complete

430765365

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.10.19 Updated value received, appraised value supported.

12.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 75% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 723 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Complete

430678888

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Numeric Non Material Error: Seller paid fees per CD issued CD xx/x/x/xxxx do not match seller CD issued xx/xx/xxxx the following fees on seller CD are missing from CD in the other cost section: HOA Balance fee $xxxx and HOA  Closing Letter Request fee $xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 779, minimum allowed is 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower's Post Close Assets are $81,218.80 or 74 months of P&IRequired P&I Reserves are $1,097.50 x 12 = $13,170.00

Complete

430678888

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/8/19 Lender provided corrected PCCD 11/7/19

11/8/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 779, minimum allowed is 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower's Post Close Assets are $81,218.80 or 74 months of P&IRequired P&I Reserves are $1,097.50 x 12 = $13,170.00

Complete

430678888

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4348

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Material Error: CD xx/x/x/xxxx  - Adjustable Interest Rate (AIR) Table: Index does not state time frame as entered. It is only stated as LIBOR.

11/8/19 Lender provided corrected PCCD 11/7/19

11/8/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 779, minimum allowed is 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower's Post Close Assets are $81,218.80 or 74 months of P&IRequired P&I Reserves are $1,097.50 x 12 = $13,170.00

Complete

430678888

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3124

Loan documents do not meet guideline requirements

No

Missing Loan Detail Report

11.10.19 Received loan Detail Report

11.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 779, minimum allowed is 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower's Post Close Assets are $81,218.80 or 74 months of P&IRequired P&I Reserves are $1,097.50 x 12 = $13,170.00

Complete

430678888

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.07.19 Updated value received, appraised value supported.

11.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 779, minimum allowed is 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower's Post Close Assets are $81,218.80 or 74 months of P&IRequired P&I Reserves are $1,097.50 x 12 = $13,170.00

Complete

430678889

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/5/19 Lender provided corrected PCCD 11/4/19

11/5/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with current employer for the past 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 784, minimum allowed is 700 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 65.11%, maximum allowed is 80%

Complete

430678889

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

Missing signed Final 1003

11.5.19 Received signed 1003

11.5.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with current employer for the past 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 784, minimum allowed is 700 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 65.11%, maximum allowed is 80%

Complete

430678889

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with current employer for the past 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 784, minimum allowed is 700 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 65.11%, maximum allowed is 80%

Complete

430448942

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Legal Documents

Satisfied

D

A

D

A

CRDLGL100

Legal document incorrect or incomplete

No

Mortgage is missing notary date.

9.4.19 - Received Updated DOT

9.4.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  806 credit score exceeds minimum of 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.14% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  28.27% LTV is below maximum of 80%.

Complete

430448942

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  806 credit score exceeds minimum of 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.14% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  28.27% LTV is below maximum of 80%.

Complete

430448943

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65% is below the max LTV of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 690 exceeds the minimum FICO of 650 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 31 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 32.19%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $257,436.97 or 155.71 months of P&I.Required P&I Reserves are $1,653.35 x 6  months P&I are $9920.10

Complete

430448944

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

A

A

A

B

B

B

B

B

A

A

A

B

B

Compliance

Federal Consumer Protection

Active

B

B

B

B

CMPFDCP847

TILA - ARM Loan Program Disclosure after 3 days from application

No

ARM Loan Program Disclosure is paired with LE issued on xxxx. The initial application date is xxxx.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 757 exceeds the minimum  FICO of 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $96,237.92  or 28.64 months of P&I  Required P&I Reserves are $3,359.83 x 12 months P&I are $40,317.96 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 28.04%; Max is 49%.

Complete

430448944

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

A

A

A

B

B

B

B

B

A

A

A

B

B

Compliance

RESPA

Satisfied

B

A

B

A

CMPRESPA2698

RESPA - List of homeowners counseling organizations not in file

No

Missing homeowners counseling list from file.

8.21.19 HCO received

8.21.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 757 exceeds the minimum  FICO of 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $96,237.92  or 28.64 months of P&I  Required P&I Reserves are $3,359.83 x 12 months P&I are $40,317.96 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 28.04%; Max is 49%.

Complete

430448944

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

A

A

A

B

B

B

B

B

A

A

A

B

B

Credit

Application

Satisfied

B

A

B

A

CRDAPP2658

Missing 3rd-party anti-fraud report

No

Missing 3rd-party anti-fraud report

8.21.19 Received Fraud Report

8.21.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 757 exceeds the minimum  FICO of 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $96,237.92  or 28.64 months of P&I  Required P&I Reserves are $3,359.83 x 12 months P&I are $40,317.96 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 28.04%; Max is 49%.

Complete

430497128

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

Credit

Application

Satisfied

B

A

B

A

CRDAPP2658

Missing 3rd-party anti-fraud report

No

Missing 3rd party anti-fraud report.

9.11.19 - Received Data Verify

9.11.19 - Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 739 exceeds the minimum FICO of 700 with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.21% is below the max DTI of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years

Complete

430765366

XXXXXX

NJ

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.02.19 Updated value received, appraised value supported.

12.02.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  715 credit score exceeds minimum of 680 with a 75% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $79,512.99 or 38.90 months of P&IRequired P&I Reserves are $2,044.05 x 12 = $24,528.60. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 30.97% is below max of 49%.

Complete

430765367

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Active

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Clerical Error: Final CD xx/x/x/xxxx Closing Information; Property Value is stated as Estimated and not Appraised Property Value.

12.5.19 Received pccd from client, however document still reflects estimated prop value. There is an appraisal in file.

12.5.19 Exception remains.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 30%; Max is 80% with a 782 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  782 credit score exceeds minimum of 640 with a 30% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 35.27%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $10,942.93 or 9.71 months of P&IRequired P&I Reserves are $1,126.50 x 6 = $6,759.

Complete

430765367

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error: Final CD xx/x/x/xxxx The value $xxxx for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value $xxxx disclosed on the last LE xx/x/x/xxxx.

12.5.19 received pccd from client

12.5.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 30%; Max is 80% with a 782 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  782 credit score exceeds minimum of 640 with a 30% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 35.27%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $10,942.93 or 9.71 months of P&IRequired P&I Reserves are $1,126.50 x 6 = $6,759.

Complete

430765367

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4312

TRID - CD: The value for Total Payoffs and Payments in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error: Final CD xx/x/x/xxxx The value -$xxxx for Total Payoffs and Payments in the LE column of the CD's Calculating Cash to Close table is different from the value -$xxxx disclosed on the last LE xx/x/x/xxxx.

12.5.19 received pccd from client

12.5.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 30%; Max is 80% with a 782 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  782 credit score exceeds minimum of 640 with a 30% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 35.27%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $10,942.93 or 9.71 months of P&IRequired P&I Reserves are $1,126.50 x 6 = $6,759.

Complete

430765367

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.05.19 Updated value received, appraised value supported.

12.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 30%; Max is 80% with a 782 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  782 credit score exceeds minimum of 640 with a 30% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 35.27%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $10,942.93 or 9.71 months of P&IRequired P&I Reserves are $1,126.50 x 6 = $6,759.

Complete

430531415

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Real Estate Commission fee for Seller is missing from the Seller-Paid column of the final CD.

(No Data)

Exception can be satisfied as the fee appears on the Seller CD.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 52.94%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 640.  Borrower's qualifying score is 814. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $63,296.55 or 16.51 months of P&I. Required reserves of $3832.58x6=$22,995.48.

Complete

430531415

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Total insurance coverage of $xxxx ($xxxx dwelling & $xxxx other structures is below XXX requirement of 80% of insurable value of improvements. Replacement cost estimator from insurance company not provided.

10.3.19 Received RCE and supports HOI Policy in file

10.3.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 52.94%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 640.  Borrower's qualifying score is 814. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $63,296.55 or 16.51 months of P&I. Required reserves of $3832.58x6=$22,995.48.

Complete

430531415

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 52.94%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 640.  Borrower's qualifying score is 814. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $63,296.55 or 16.51 months of P&I. Required reserves of $3832.58x6=$22,995.48.

Complete

430448945

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

RESPA

Satisfied

B

A

B

A

CMPRESPA2698

RESPA - List of homeowners counseling organizations not in file

No

Homeowners counseling organizations is missing from file.

8.15.19 Received HCO dated 6.21.19

8.15.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  778 Fico exceeds 660 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80 % CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.98% DTI is below maximum of 49%.

Complete

430448945

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

A

B

A

CMPTRID3476

TRID - Written List of Providers not provided or untimely

No

Written List of Providers  is missing from file.

8.16.19 Received SPL from client.

8.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  778 Fico exceeds 660 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80 % CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.98% DTI is below maximum of 49%.

Complete

430448945

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-numerical error: The last and initial LE xx/x/x/xxxx section Calculating Cash To Close, Field: Total Closing Costs has a value of xxxx. This does not match the closing CD xx/x/x/xxxx  Section: Calculating Cash to Close, Field: Total Closing Costs (J) - Loan Estimate that has a value of xxxx. There is a 1250 difference.

8.16.19 Received PCCD from client.

8.16.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  778 Fico exceeds 660 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80 % CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.98% DTI is below maximum of 49%.

Complete

430448945

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-numerical error: The initial and last LE xx/x/x/xxxx Section: Calculating Cash To Close, Field: Estimated Cash to Close has a value of xxxx. This does not match the closing CD xx/x/x/xxxx section Calculating Cash to Close, Field: Cash to Close - Loan Estimate that has a value of xxxx. There is a 1250 difference.

8.16.19 Received PCCD from client.

8.16.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  778 Fico exceeds 660 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80 % CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.98% DTI is below maximum of 49%.

Complete

430448945

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3552

TRID - Loan Estimate not timely

No

The application date is xxxx. The first LE in file is dated xxx which it is dated more than 3 business days from the application date.

8.16.19 Received initial LE from client.

8.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  778 Fico exceeds 660 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80 % CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.98% DTI is below maximum of 49%.

Complete

430448945

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

No

Non-numerical error: Per initial CD issued x/xx/xxxx, final CD issued xx/xx/xxxx consummated XXX is prior to waiting period. Missing proof of receipt of initial CD.

8.16.19 Received initial CD from client.

8.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  778 Fico exceeds 660 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80 % CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.98% DTI is below maximum of 49%.

Complete

430448945

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Credit/Mtg History

Satisfied

D

A

D

A

CRDCRMH149

Missing support docs for VOM/VOR (e.g. cancelled checks)

No

Missing mortgage history from XXX; not reflected on Credit report $678.88 payment.

8.12.19 Received Credit supplement for xx/xx/xxxx mortgage

8.12.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  778 Fico exceeds 660 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80 % CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.98% DTI is below maximum of 49%.

Complete

430448945

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.08.19 Updated value received, appraised value supported.

08.08.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  778 Fico exceeds 660 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80 % CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.98% DTI is below maximum of 49%.

Complete

430448946

XXXXXX

VA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.06.19 Updated value received, appraised value supported.

08.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 53.56%; Max is 80% with a 701 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  701 credit score exceeds minimum of 640 with a 53.56% LTV. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 82 months mortgage history per credit report. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $31,330.51 or 18.49 months of P&IRequired P&I Reserves are $1,694.43 x 6 = $10,166.58 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 18.28%; Max is 49%.

Complete

430448947

XXXXXX

VA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.06.19 Updated value received, appraised value supported.

08.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 68.05%; Max is 80% with a 701 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  701 credit score exceeds minimum of 660 per guidelines with a 68.05% LTV. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0x30 prior 82 months mortgage history per credit report. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $31,330.51 or 20.65 months of P&IRequired P&I Reserves are $1,517.40 x 6 = $9,104.40 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 23.45%; Max is 49%.

Complete

430448949

XXXXXX

MD

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC2408

Income verification does not meet guidelines

No

Missing CPA/ Licensed with the proper designation

9.6.9.19 Received Copy of Tax Preparer license (PTIN)

9.6.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for the past 21 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 17.76 / 25.43% w/o Rental Income used.Maximum DTI allowed is 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 703, minimum allowed is 680

Client Complete

430448949

XXXXXX

MD

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Missing Data Verify Report

9.6.19 Received Data Verify Report

9.6.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for the past 21 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 17.76 / 25.43% w/o Rental Income used.Maximum DTI allowed is 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 703, minimum allowed is 680

Client Complete

430448949

XXXXXX

MD

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for the past 21 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 17.76 / 25.43% w/o Rental Income used.Maximum DTI allowed is 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 703, minimum allowed is 680

Client Complete

430668577

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing CDA to support the original appraised value of $xxxx.

10.29.19 Updated value received, appraised value supported.

10.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 747; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 34.81%; max allowable is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%.

Complete

430765368

XXXXXX

MD

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

missing updated valuation

12.10.19 Updated value received, appraised value supported.

12.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 7.58 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 21 years

Complete

430765370

XXXXXX

VA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.10.19 Updated value received, appraised value supported.

12.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $202,782 or 36.72 months of P&I.Required P&I Reserves are $5,522.04 x 6 = $33,132.24. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65.57%; max allowable is 70%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession 10 years.

Complete

430765371

XXXXXX

WA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

Credit

Terms/Guidelines

Active

B

B

B

B

CRDTER110

Loan amount exceeds guideline maximum

No

$xxxx loan amount exceeds max of $750,000 for a AAA 7/1 Prime with a 90% LTV.

12.6.19 - Received Lenders Loan Amount Exception Approval.

12.6.19 - Non-Material B

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  784 credit score exceeds minimum of 720 with a 90% LTV Prime loan. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 30.08%; Max is 43%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $204,650.98 or 31.75 months of P&IRequired P&I Reserves are $6,446.57 x 12 = $77,358.84.

Complete

419908927

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

03.19.19 Updated value received, appraised value supported.

03.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 57.56% is below the max LTV of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO 755 of exceeds the minimum FICO of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 19.43% is below the max DTI of 49%

Client Complete

419908942

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD: 01/07/2019 - Other Costs section is not properly formatted - Section F Prepaid is missing # of months for Homeowner's Insurance premium.

01/23/2019 Received PCCD xx/x/x/xxxx from client.

01/23/2019 Exception satisfied.

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been continuously employed with same company for 23 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  30.82% DTI is below max DTI 49%

Client Complete

419908942

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4050

TRID - CD: The Minimum Interest on the AIR Table of the Final Closing Disclosure does not match the Minimum Interest Rate on the Note

No

CD: 01/07/2019 - The Minimum Interest on the AIR Table of the Final Closing Disclosure (3.25%) does not match the Minimum Interest Rate on the Note (5.75%).

01/23/2019 Received PCCD xx/x/x/xxxx from client.

01/23/2019 Exception satisfied

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been continuously employed with same company for 23 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  30.82% DTI is below max DTI 49%

Client Complete

419908942

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5023

TRID  CD:  The Minimum Payment disclosed in at least one column of the Final Closing Disclosure does not match the Minimum Payment that Clayton calculates based upon the Note Terms

No

CD xx/x/x/xxxx: The Minimum Payment disclosed on columns 2, 3, & 4 of the Final Closing Disclosure does not match the Minimum Payment that XXX calculates based upon the Note Terms.CD Value from Band 2: 2147.00, eCLAS Value from Band 2: 2593.98CD Value from Band 3: 2046.00, eCLAS Value from Band 3: 2593.98CD Value from Band 4: 2046.00, eCLAS Value from Band 4: 2593.98

01/23/2019 Received PCCD xx/x/x/xxxx from client.

01/23/2019 Exception satisfied

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been continuously employed with same company for 23 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  30.82% DTI is below max DTI 49%

Client Complete

419908942

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5033

TRID - CD: The Total Minimum Payment disclosed in at least one column of the Projected Payments section of the Final Closing Disclosure does not match the Total Minimum Payment that Clayton calculates.

No

CD xx/x/x/xxxx: The Total Minimum Payment disclosed in columns 2, 3 & 4 of the Projected Payments section of the Final Closing Disclosure does not match the Total Minimum Payment that XXX calculates. CD Value from Band 2: 2924.00, eCLAS Value from Band 2: 3371.27CD Value from Band 3: 2823.00, eCLAS Value from Band 3: 3371.27CD Value from Band 4: 2823.00, eCLAS Value from Band 4: 3371.27

01/23/2019 Received PCCD xx/x/x/xxxx from client.

01/23/2019 Exception satisfied.

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been continuously employed with same company for 23 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  30.82% DTI is below max DTI 49%

Client Complete

419908942

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Per guidelines, 6 months P&I reserves required for the subject property ($xxxx x 6 = $xxxx); Short reserves of $688.99.

2.1.19 - lender provided PCCD

2.1.19 - exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been continuously employed with same company for 23 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  30.82% DTI is below max DTI 49%

Client Complete

419908942

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

01.15.19 ClearCapital Desk Review received valued at $XXX dated xxxx, value supported.

01.15.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been continuously employed with same company for 23 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  30.82% DTI is below max DTI 49%

Client Complete

419908959

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

03/01/2019 Desk review supporting appraisal value provided.

1.30.19 exception cancelled. Field review in file.03/01/2019 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Current 756 minimum 720 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post closing reserves $22,912.86 (15.01 months)  Required $18,315.72 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Current 43.98% MAX 49%

Client Complete

419908965

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Credit/Mtg History

Satisfied

N/A

A

N/A

A

CRDCRMH193

Length of mortgage/rental history in file does not meet guideline requirement

No

(No Data)

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60.61% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 740 exceeds the minimum  FICO 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $13,364.37 exceed guidelines  reserves of $6,719.64 (6 mos)

Client Complete

419908965

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC888

Income Amount is  Unsupported by Documentation in File

No

Missing WVOE specifying salary there is only documentation stating the bonuses

2.6.19 Lender provided Wvoe which supports salary and bonuses.

2.6.19 exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60.61% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 740 exceeds the minimum  FICO 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $13,364.37 exceed guidelines  reserves of $6,719.64 (6 mos)

Client Complete

419908965

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

03.19.19 Updated value received, appraised value supported.

03.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60.61% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 740 exceeds the minimum  FICO 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $13,364.37 exceed guidelines  reserves of $6,719.64 (6 mos)

Client Complete

419908978

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

03.19.19 Updated value received, appraised value supported.

03.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 70%. Loan LTV is at 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 3 months of reserves. B1 has a total of $163,272.01 or 104.25 months. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 5 years.

Client Complete

419908981

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

CA Higher-Priced Loan

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.50%, maximum per guidelines is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been a xxx years.

Client Complete

419908981

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non material numeric error: CD xx/xx/xxxx Calculating Cash to Close: Total Closing Costs (J) value of $xxxx does not equal LE x/x/xx  Calculating Cash to Close: Total Closing Cost (J) value of $xxxx. Can be corrected with subsequent CD within 60 days of the transaction date.

02/06/2019  Received PCCD xx/x/x/xxxx from client.

02/06/2019 - Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.50%, maximum per guidelines is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been a Distribution Manager for 10 years.

Client Complete

419908981

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-numeric error per final CD issued xx/xx/xxxx Section Calculating cash to close, cash to close - Loan Estimate value of $xxxx does not match final LE issued xxxx section calculating cash to close, estimated cash to close value of $xxxx.

02/06/2019  Received PCCD xx/x/x/xxxx from client.

02/06/2019 - Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.50%, maximum per guidelines is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been a Distribution Manager for 10 years.

Client Complete

419908981

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID5115

TRID - Closing Disclosure:  The Creditors Brokers or Contact persons NMLS or State ID is missing

No

CD xx/xx/xxxx - NMLS number and License ID are missing. Exception satisfied with CD xxxx

(No Data)

(No Data)

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.50%, maximum per guidelines is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been a Distribution Manager for 10 years.

Client Complete

419908981

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

Credit

Credit/Mtg History

Active

B

B

B

B

CRDCRMH104

Credit score below guidelines

No

674 Fico is below min score of 680.

02.21.19 Lender provided a copy of exception approval for FICO < 680

02.21.19 - Exception remains non material.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.50%, maximum per guidelines is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been a Distribution Manager for 10 years.

Client Complete

419908981

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

Credit

LTV/CLTV

Active

B

B

B

B

CRDLTV3026

LTV Exceeds Guideline Requirement by at least 5%, but less than 10%

No

Per guidelines, minimum credit score required for 70% LTV is 680; Borrower has a 674 middle score, max LTV allowed is 65%

2.1.19 - lender provided LTV exception approval.2.19.19 - lender provided exception approval for 5% LTV exception.

02.19.19 - Exception remains non material.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.50%, maximum per guidelines is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been a Distribution Manager for 10 years.

Client Complete

419908981

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

03.19.19 Updated value received, appraised value supported.

03.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.50%, maximum per guidelines is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been a Distribution Manager for 10 years.

Client Complete

430040315

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months reserves $2054.18x12=$24,650.16, borrower has $38,412.22, or 18.70 months in reserves CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 50%; transaction DTI is 17.69% CFCFS1734: Borrower has significant time at current job - Clayton Comments:  B1 has been in current job for 5 years

Client Complete

430002791

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

ROR  Disbursement date is XXX Per ROR Document

03/04/2019  Received PCCD xx/x/x/xxxx from client.

03/04/2019 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves $55,862.06 or 31.75 months P&I, guidelines required 6 months P&I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.22%, maximum per guidelines is 49%. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided in subject for the past 6 years

Complete

430002791

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

ROR  Disbursement date is XXX Per ROR Document

03/04/2019  Received PCCD xx/x/x/xxxx from client.

03/04/2019 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves $55,862.06 or 31.75 months P&I, guidelines required 6 months P&I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.22%, maximum per guidelines is 49%. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided in subject for the past 6 years

Complete

430002791

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.735% verse CA higher priced loan Benchmark rate of 4.480% for a variance of 2.255% equaling or exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves $55,862.06 or 31.75 months P&I, guidelines required 6 months P&I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.22%, maximum per guidelines is 49%. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided in subject for the past 6 years

Complete

430002791

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Credit

Title

Satisfied

C

A

C

A

CRDTIL875

Title Does Not Agree With Mortgage

No

Property Currently Vested in our borrower & XXX did not sign Note or Mortgage1003 shows borrower to be only person vested in subjectHow was XXX removed from title, I see no Quit Claims releasing her interest in property and no instructions for a Quit Claim to be signed at closing.

3.5.19 lender provided grant deed

3.7.19 exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves $55,862.06 or 31.75 months P&I, guidelines required 6 months P&I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.22%, maximum per guidelines is 49%. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided in subject for the past 6 years

Complete

430018495

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Benchmark Term 84 Benchmark Date 2/22/2019 Test APR 6.202 Benchmark Rate 4.690 Benchmark/APR Variance 1.512 Rate Spread Trigger 1.5000% Violates TIL Higher Priced Covered Threshold? Yes

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  719 qualifying score. Minimum required per guidelines is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; maximum allowed per guidelines is 80%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been continuously employed with same company for 4 years.

Client Complete

430018495

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

04.01.19 Updated value received, appraised value supported.

04.01.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  719 qualifying score. Minimum required per guidelines is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; maximum allowed per guidelines is 80%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been continuously employed with same company for 4 years.

Client Complete

430497129

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Borrower has post-closing assets of $xxxx.  Required reserves of $xxxx x 6=$xxxx Borrower is short funds to cover reserves in the amount of $9,595.03.

9.12.19 - Received PCCD, resolved asset shortage

9.12.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.90%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 660 with an 70% LTV. CFCFS2854: Significant time in profession - Clayton Comments:  In same profession for6 years.

Complete

430497129

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.11.19 Updated value received, appraised value supported.

09.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.90%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 660 with an 70% LTV. CFCFS2854: Significant time in profession - Clayton Comments:  In same profession for6 years.

Complete

430018499

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.299%, Benchmark rate of 4.690% for a variance of 1.609% exceeding the Rate Spread Trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is less than required of 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  Credit score of 42% is less than required of 49%

Client Complete

430018499

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric non-material error-CD: xx/xx/xxxx,CD: xx/xx/xxxx , CD: xx/xx/xxxx Other Costs, Taxes and Other Gov. Fees missing recording fees breakdown.

04/03/2019  Received PCCD xx/x/x/xxxx from client.

04/03/2019 - Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is less than required of 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  Credit score of 42% is less than required of 49%

Client Complete

430018499

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3604

TRID - Error discovered on Closing Disclosure

No

Numeric non-material error- xx/xx/xxxx, CD: xx/xx/xxxx Other Costs, Prepaids, Homeowners Insurance Premium # of months missing

04/03/2019  Received PCCD xx/x/x/xxxx from client.

04/03/2019 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is less than required of 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  Credit score of 42% is less than required of 49%

Client Complete

430018499

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

04.01.19 Updated value received, appraised value supported.

04.01.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is less than required of 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  Credit score of 42% is less than required of 49%

Client Complete

430089074

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

04.11.19 Updated value received, appraised value supported.

04.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 774 exceeds the minimum  fico of 640 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $247,222.58  exceed guidelines reserves of $7,239.09 (3 mos piti)

Client Complete

430089075

XXXXXX

CA

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Missing evidence of mortgage and current mortgage statement on property at XXX with monthly PITIA of $2,413.03.

4.10.19 Received Documentation supporting PITI of $2,413.03

4.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  751 qualifying score. Minimum required per guidelines is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; maximum allowed per guidelines is 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves $341,418.40 or 262.70 months P&I, guidelines required 6 months P&I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 29.04%, maximum per guidelines is 49%.

Client Complete

430089075

XXXXXX

CA

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

04.08.19 Updated value received, appraised value supported.

04.08.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  751 qualifying score. Minimum required per guidelines is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; maximum allowed per guidelines is 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves $341,418.40 or 262.70 months P&I, guidelines required 6 months P&I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 29.04%, maximum per guidelines is 49%.

Client Complete

430089083

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Benchmark Term 360. Benchmark Date 3/7/2019, Test Apr 6.617, Benchmark Rate 4.390, Benchmark /Apr variance 2.227, Rate spread trigger 1.5000%Violates Til Higher Priced Coved Threshold? Yes.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  The LTV is 61.54 which is 8.46% below the 70% maximum. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 6 year Job. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max DTI is 49%, borrower is 6.44% below the requirement at 42.56.

Client Complete

430089083

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

04.08.19 Updated value received, appraised value supported.

04.08.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  The LTV is 61.54 which is 8.46% below the 70% maximum. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 6 year Job. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max DTI is 49%, borrower is 6.44% below the requirement at 42.56.

Client Complete

430089088

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.157% verse CA higher priced loan Benchmark rate of 4.650% for a variance of 1.507% equaling or exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  737 qualifying score. Minimum required per guidelines is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50.65%; maximum allowed per guidelines is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.67% DTI is below maximum of 49%.

Client Complete

430089088

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx-1 - Other Costs, Section E. Taxes & Other Govt. Fees - Recording Fee of $160 does not show itemization for Deed or Mortgage.

4.8.19 Received PCCD dated 4/2/19 from client

4.8.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  737 qualifying score. Minimum required per guidelines is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50.65%; maximum allowed per guidelines is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.67% DTI is below maximum of 49%.

Client Complete

430089088

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

04.08.19 Updated value received, appraised value supported.

04.08.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  737 qualifying score. Minimum required per guidelines is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50.65%; maximum allowed per guidelines is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.67% DTI is below maximum of 49%.

Client Complete

430089100

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.190% verse CA higher priced loan Benchmark rate of 4.650% for a variance of 1.540% equaling or exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  792 qualifying score. Minimum required per guidelines is 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves $36,123.68 or 12.73 months P&I, guidelines required 12 months P&I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 44.49%, maximum per guidelines is 49%.

Client Complete

430123921

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

04.11.19 Updated value received, appraised value supported.

04.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 718 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for over 3 years CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 75% is below the max ltv of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $64,842.59 exceed guidelines reserves of $19,651.92 (12 mos p & i)

Client Complete

430234980

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

6.6.19 Received PCCD from client.

6.6.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1746: Significant housing expense reduction - Clayton Comments:  Housing payment is being reduced by over $500. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 680.  Borrower's qualifying score is 691. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 10 years at current job

Client Complete

430234980

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

6.6.19 Received PCCD from client.

6.6.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1746: Significant housing expense reduction - Clayton Comments:  Housing payment is being reduced by over $500. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 680.  Borrower's qualifying score is 691. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 10 years at current job

Client Complete

430234980

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.429% verse CA higher priced loan Benchmark rate of 4.540% for a variance of 1.889% equaling or exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1746: Significant housing expense reduction - Clayton Comments:  Housing payment is being reduced by over $500. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 680.  Borrower's qualifying score is 691. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 10 years at current job

Client Complete

430234980

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Borrower has post-closing assets in the amount of $xxxx.  Per guidelines LTV >70%, borrower must have 12 months of P&I for reserves; $xxxx x 12=$xxxx.  Insufficient reserves by -$8874.72.

7.11.19 Received evidence of Gift funds and Gift Letter

7.11.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1746: Significant housing expense reduction - Clayton Comments:  Housing payment is being reduced by over $500. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 680.  Borrower's qualifying score is 691. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 10 years at current job

Client Complete

430234980

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

06.05.19 Updated value received, appraised value supported.

06.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1746: Significant housing expense reduction - Clayton Comments:  Housing payment is being reduced by over $500. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 680.  Borrower's qualifying score is 691. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 10 years at current job

Client Complete

430123925

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

B

A

D

A

A

A

D

A

B

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

A

B

A

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Title fees appear on the Seller CD that do not appear on the final CD in the Seller Paid column.

(No Data)

05/08/2019 - Upon further review by senior TRID underwriter, exception cancelled.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 763 exceeds the minimum  fico of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 75% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for over 4 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 6 years

Client Complete

430123925

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

B

A

D

A

A

A

D

A

B

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

05.02.19 Updated value received, appraised value supported.

05.02.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 763 exceeds the minimum  fico of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 75% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for over 4 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 6 years

Client Complete

430123934

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing Updated Valuation

05.02.19 Updated value received, appraised value supported.

05.02.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 67.66%, Guidelines allow 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 28.80%, Guidelines allow 49, % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 715, Guidelines allow 600 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $21,135.28 or 8.72 months P&I. Guidelines require 6 months.

Client Complete

430089117

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Compliance

Documentation

Satisfied

C

A

C

A

CMPDOC199

Discrepancy between Note and ARM Rider

No

Non-numerical error: Missing the Adj rate rider. Need to request from the lender.

4.24.19 Lender provided Arm rider

4.24.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Current 709 minimum 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Current 38.64% max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $376,594.70 or 163.96 months of P&IRequired P&I Reserves are $2,296.87 x 6 are $13,781.22

Client Complete

430089117

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Compliance

Documentation

Satisfied

D

A

D

A

CMPDOC225

Missing Rider

No

Non-numerical error: Missing the Adj rate rider and condominium rider. Need to request from the lender.

4.24.19 Lender provided Arm rider

4.24.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Current 709 minimum 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Current 38.64% max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $376,594.70 or 163.96 months of P&IRequired P&I Reserves are $2,296.87 x 6 are $13,781.22

Client Complete

430089117

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR117

ROR - Expiration date on form prior to end of rescission period

No

Non-numerical error: The ROR expires on midnight of xx/xx/xxxx. The closing date is xxxx and the disbursement date is XXX per the final CD xx/x/x/xxxx.

4.29.19 - lender provided PCCD showing disbursement XXX.

4.29.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Current 709 minimum 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Current 38.64% max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $376,594.70 or 163.96 months of P&IRequired P&I Reserves are $2,296.87 x 6 are $13,781.22

Client Complete

430089117

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Non-numerical error: The ROR expires on midnight of 04/09/2019. The closing date is xxxx and the disbursement date is XXX per the final CD xx/x/x/xxxx.

4.29.19 - lender provided PCCD showing disbursement XXX.

4.29.19 - exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Current 709 minimum 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Current 38.64% max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $376,594.70 or 163.96 months of P&IRequired P&I Reserves are $2,296.87 x 6 are $13,781.22

Client Complete

430089117

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.321% verse CA higher priced loan Benchmark rate of 4.650% for a variance of 1.671% equaling or exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Current 709 minimum 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Current 38.64% max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $376,594.70 or 163.96 months of P&IRequired P&I Reserves are $2,296.87 x 6 are $13,781.22

Client Complete

430089117

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Debt disclosed on 1003 not reporting on credit report. No VOL was furnished.  Provide documentation for terms and payment history for XXX debt on 1003 for $322.00 monthly with approx balance of $xxxx.

4.29.19 - lender provided copy of credit report showing balance $xxxx and $322/month

4.29.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Current 709 minimum 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Current 38.64% max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $376,594.70 or 163.96 months of P&IRequired P&I Reserves are $2,296.87 x 6 are $13,781.22

Client Complete

430089117

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation, Appraisal is in the file

04.23.19 Updated value received, appraised value supported.

04.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Current 709 minimum 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Current 38.64% max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $376,594.70 or 163.96 months of P&IRequired P&I Reserves are $2,296.87 x 6 are $13,781.22

Client Complete

430123948

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 17 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  29.97 months reserves exceeds 3 months required. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 743 exceeds required of 640

Client Complete

430448950

XXXXXX

CO

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

A

B

A

CMPTRID3476

TRID - Written List of Providers not provided or untimely

No

The broker's application date is xx/xx/xxxx. The first Written List of Providers in file was issued by the Lender on 03/29/2019.

9.6.19 Received corrected 1003 with signed Application date of xxxx

9.6.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 48.78% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 16 years

Complete

430448950

XXXXXX

CO

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3552

TRID - Loan Estimate not timely

No

The broker's application date is xx/xx/xxxx. The first LE in file was issued by the Lender on xxxx.

9.6.19 Received corrected signed loan application dated xxxx

9.6.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 48.78% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 16 years

Complete

430448950

XXXXXX

CO

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.06.19 Updated value received, appraised value supported.

08.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 48.78% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 16 years

Complete

430123956

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Lender to provide Loan approval and 1008 with correct loan amount & LTV.

5.2.19 Lender provide 1008

5.2.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Reserves of $574,500.90 or 183.96 months P&I exceeds required of 6 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 788 exceeds minimum required of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 69.86% is less than maximum of 80%

Client Complete

430123956

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

N/A

A

N/A

A

CRDTER3124

Loan documents do not meet guideline requirements

No

Tape shows guides used dated 4/24/19, 1008 shows guides used 2/15/19. Please provide corrected tape or corrected 1008. Additional exceptions may apply.

05.10.2019 - Lender provided updated tape confirming guides used dated 2/15/19.

05.10.2019 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Reserves of $574,500.90 or 183.96 months P&I exceeds required of 6 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 788 exceeds minimum required of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 69.86% is less than maximum of 80%

Client Complete

430123956

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

05.02.19 Updated value received, appraised value supported.

05.02.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Reserves of $574,500.90 or 183.96 months P&I exceeds required of 6 months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 788 exceeds minimum required of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 69.86% is less than maximum of 80%

Client Complete

430204759

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $181.00 is missing itemization for Deed/Mortgage.

5.21.19 Received PCCD from client.

5.21.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  768 credit score exceeds minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.83% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has $497,100.85 or 32.22 months P&I reserves.  12 months required.

Client Complete

430204759

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Assets

Satisfied

D

A

D

A

CRDAST2354

Asset Verification In File is Incomplete Per Requirements

No

Missing gift letter for $40,000 deposit to borrower's account. Funds needed to meet reserve requirement.  Letter for $95,441 gift indicates portion of funds were to be used for reserves however funds were wired to escrow and guidelines state gift funds must be deposited to borrower's account prior to closing to be used as reserves.

5.21.19 Lender provided $40k gift letter.

5.21.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  768 credit score exceeds minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.83% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has $497,100.85 or 32.22 months P&I reserves.  12 months required.

Client Complete

430204761

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Assets

Satisfied

D

A

D

A

CRDAST2670

Asset documentation is insufficient per guideline requirements

No

Borrower received several gifts, however, gift of $117,000 no proof of receipt.

5.24.19 lender provided verification of funds used for closing.

5.24.19 exception satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 4 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 680.  Borrower's qualifying score is 782. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80%

Client Complete

430204761

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

05.31.19 Updated value received, appraised value supported.

05.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 4 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 680.  Borrower's qualifying score is 782. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80%

Client Complete

430204775

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.113% verse CA higher priced loan Benchmark rate of 4.570% for a variance of 1.543% equaling or exceeding the CA higher priced loan rate spread trigger of 1.5000%

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $70,512.37 or 39.36 months of P&IRequired P&I Reserves are $1,791.35 x 6 = $10,748.10 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max DTI ratio allowed per guidelines is 49%. Loan DTI ratio is at 43.98%.

Client Complete

430204775

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

05/17/2019  Received PCCD xx/x/x/xxxx from client.

05/17/2019 - Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $70,512.37 or 39.36 months of P&IRequired P&I Reserves are $1,791.35 x 6 = $10,748.10 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max DTI ratio allowed per guidelines is 49%. Loan DTI ratio is at 43.98%.

Client Complete

430204775

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

05.20.19 Updated value received, appraised value supported.

05.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $70,512.37 or 39.36 months of P&IRequired P&I Reserves are $1,791.35 x 6 = $10,748.10 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max DTI ratio allowed per guidelines is 49%. Loan DTI ratio is at 43.98%.

Client Complete

430204780

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

B

B

D

B

D

B

A

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.171% verse CA higher priced loan Benchmark rate of 4.590% for a variance of 1.581% equaling or exceeding the CA higher priced loan rate spread trigger of 1.5000%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.65% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 credit score exceeds minimum of 700 per guidelines.

Client Complete

430204780

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

B

B

D

B

D

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

05/24/2019  Received PCCD xx/x/x/xxxx from client.

05/24/2019 - Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.65% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 credit score exceeds minimum of 700 per guidelines.

Client Complete

430204780

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

B

B

D

B

D

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

A

N/A

A

CMPTRID4242

TRID - CD: The Paid Already by or on Behalf of Borrower at Closing amount disclosed in the CD Summary of Transactions section does not equal its component parts

No

PCCD xx/x/x/xxxx - Value as calculated by Clayton is $xxxx; Value on CD is $xxxx; Difference of $93,762.12 is missing from CD.

05/28/2019  Received PCCD xx/x/x/xxxx with Addendum from client.

05/28/2019 - Exception satisfied.

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.65% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 credit score exceeds minimum of 700 per guidelines.

Client Complete

430204780

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

B

B

D

B

D

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID4289

TRID - CD: The difference between the adjustments and credits per sections K and L does not equal the Adjustments and Other Credits in the Calculating Costs to Close section

No

PCCD xx/x/x/xxxx - Summaries of Transactions, Adjustments and Other Credits as calculated by Clayton is -$xxxx. Calculating Cash to Close, Adjustments and Other Credits value on CD is  -$xxxx.  Difference of $93,762.12 is missing from CD.

05/28/2019  Received PCCD xx/x/x/xxxx with Addendum from client.

05/28/2019 - Exception satisfied.

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.65% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 credit score exceeds minimum of 700 per guidelines.

Client Complete

430204780

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

B

B

D

B

D

B

A

A

B

B

Credit

Application

Satisfied

D

A

D

A

CRDAPP3822

Missing or incomplete documentation related to citizenship/residency

No

Missing resident card (Final 1003 reflects permanent resident).

5.28.19 Lender provided perm resident card.

5.28.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.65% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 credit score exceeds minimum of 700 per guidelines.

Client Complete

430204780

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

B

B

D

B

D

B

A

A

B

B

Credit

Insurance

Active

B

B

B

B

CRDINSR822

Insurance Effective date is greater than the transaction date

No

Insurance effective date is 05.21.19 and per post CD disbursement date of XXX.

(No Data)

5.23.19 Upon further review by Senior Underwriter, exception deemed non-material.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.65% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 credit score exceeds minimum of 700 per guidelines.

Client Complete

430234988

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.318% verse CA higher priced loan Benchmark rate of 4.540% for a variance of 1.778% equaling or exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at current job for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 807 exceeds required of 700

Client Complete

430234988

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

6.20.19 Received PCCD from client.

6.20.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at current job for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 807 exceeds required of 700

Client Complete

430234989

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.266% verse CA higher priced loan Benchmark rate of 4.240% for a variance of 2.026% equaling or exceeding the CA higher priced loan rate spread trigger of 1.5000%

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 70% Guidelines allow 75% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 32.32 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 685 Guidelines allow 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $15,911.89; verified as 15.37 months P & I. Guidelines allow 6 months or ($ 1,035.19 x 6 = $6,211.14)

Client Complete

430234989

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

6.7.19 Received PCCD from client.

6.7.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 70% Guidelines allow 75% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 32.32 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 685 Guidelines allow 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $15,911.89; verified as 15.37 months P & I. Guidelines allow 6 months or ($ 1,035.19 x 6 = $6,211.14)

Client Complete

430234989

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing Updated Valuation

06.12.19 Updated value received, appraised value supported.

06.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 70% Guidelines allow 75% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 32.32 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 685 Guidelines allow 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $15,911.89; verified as 15.37 months P & I. Guidelines allow 6 months or ($ 1,035.19 x 6 = $6,211.14)

Client Complete

430234994

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

D

B

D

A

A

A

D

B

D

B

D

A

A

A

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

1003  does not list the borrower' p rimary residence in the Schedule of Real Estate section.

6.10.19 Lender provided updated 1003 & proof of borrower living rent free.

6.10.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV/CLTV 65% / 76.49% Guidelines allow LTV/CLTV   70% / 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 21.56 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 664 Guidelines allow 660

Client Complete

430234994

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

D

B

D

A

A

A

D

B

D

B

D

A

A

A

Credit

Assets

Active

C

B

C

B

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Borrower short $11,800.05 for required 6 months P&I reserves.

6.10.19 Lender provided PCCD. Borrower is now has $11,085.64 in post close reserves which is $714.41 short of required $11,800.05

6.10.19 After further review by Sr. UW this is deemed non-material, due to low DTI 21.57%,  low LTV of 65%, and 12 years at current residency.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV/CLTV 65% / 76.49% Guidelines allow LTV/CLTV   70% / 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 21.56 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 664 Guidelines allow 660

Client Complete

430234994

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

D

B

D

A

A

A

D

B

D

B

D

A

A

A

Credit

Assets

Satisfied

C

A

C

A

CRDAST205

Insufficient Funds to Close

No

Missing evidence of sufficient Assets to cover Cash for closing

6.10.19 Lender provided PCCD

6.10.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV/CLTV 65% / 76.49% Guidelines allow LTV/CLTV   70% / 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 21.56 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 664 Guidelines allow 660

Client Complete

430234994

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

D

B

D

A

A

A

D

B

D

B

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing Updated Valuation

06.12.19 Updated value received, appraised value supported.

06.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV/CLTV 65% / 76.49% Guidelines allow LTV/CLTV   70% / 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 21.56 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 664 Guidelines allow 660

Client Complete

430204796

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

05.31.19 Updated value received, appraised value supported.

05.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  789 credit score exceeds minimum of 660 per guidelines. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves, 6 x $3,239.24 = $19,435.44. Borrower's Post Close Assets are $46,633.30 or 14.39 months P & I.

Client Complete

430204797

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material error: CD xx/x/x/xxxx Prepaid's, Section F line 01, Homeowner's Insurance Premium, is missing number of months being paid.

5.29.19 Received PCCD from client.

5.29.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 35.49% is below the max DTI of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 2 years

Client Complete

430204797

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3730

TRID - Error #2 discovered on Closing Disclosure

No

Non-Numeric Material Error: CD xx/x/x/xxxx - Section Loan Disclosures, Box for "will not have an escrow account because" was checked without a reason chosen.

5.29.19 Received PCCD from client.

5.29.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 35.49% is below the max DTI of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 2 years

Client Complete

430204798

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section "H" - The following fees payees are listed as TBD: Home Warranty Fee, Pest Inspection & Septic Certification.

5.21.19 Received PCCD dated 5/16/19 from client.

5.21.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines is 80%.  Actual LTV is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 765. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower on current job for 5 years.

Client Complete

430204798

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Credit

Assets

Satisfied

D

A

D

A

CRDAST2670

Asset documentation is insufficient per guideline requirements

No

Borrower has a $5,000 gift letter in file that was to be sent to closing, however, it was not and borrower needs funds to meet reserve requirements.

5.24.19 Lender provided PCCD showing Gift in amount of $29k which consist of $5k and $24K gifts.

5.24.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines is 80%.  Actual LTV is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 765. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower on current job for 5 years.

Client Complete

430204798

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

05.31.19 Updated value received, appraised value supported.

05.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines is 80%.  Actual LTV is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 765. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower on current job for 5 years.

Client Complete

430366977

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR117

ROR - Expiration date on form prior to end of rescission period

No

Expiration date of 06/20/2019 on the form is prior to end of the correct rescission period of xx/xx/xxxx.

7.16.19 Received PCCD from client.

7.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 63.52%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 7 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 650. Borrower has credit score of 734.

Client Complete

430366977

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx.

7.16.19 Received PCCD from client.

7.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 63.52%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 7 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 650. Borrower has credit score of 734.

Client Complete

430366977

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3262

Property issues indicated

No

The subject transaction is for a Primary Residence.Appraisal indicates subject is occupied by Tenants

7.18.19 - lender provided corrected appraisal showing subject is owner occupied.

7.18.19- exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 63.52%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 7 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 650. Borrower has credit score of 734.

Client Complete

430366977

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation to support appraised value.

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 63.52%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 7 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 650. Borrower has credit score of 734.

Client Complete

430204801

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx Summaries of Transactions; Adjustment for Items Paid by Seller in Advance: Line 11, County Taxes, does not indicate time frame covered for value of $1,170.22.

5.31.19 Received PCCD from client, County tax line remains in error with no date inputs. 6.3.19 Received PCCD from client.

6.3.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 44 months mortgage history per credit report; 12 months required. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.92%; Max is 49%.

Client Complete

430248139

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

06.17.19 Updated value received, appraised value supported.

06.17.19 Exception Satisfied.

(No Data)

Not Applicable

(No Data)

Client Complete

430366978

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.17.19 Received PCCD from client

7.17.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per program is 660.  Borrower's qualifying score is 687. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines is 75%.  Actual LTV is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.40% DTI is below maximum of 49%.

Client Complete

430366978

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per program is 660.  Borrower's qualifying score is 687. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines is 75%.  Actual LTV is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.40% DTI is below maximum of 49%.

Client Complete

430366979

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing Lenders Loan Approval

7.11.19 - Received copy of Approval however Approval reflects a rate of 5.625% actual rate on Note is 5.875%7.16.19 Received  Copy of corrected Loan Approval

7.11.19 Exception Not Satisfied7.16.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 10 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has excess assets in the amount of $28,676.45.

Client Complete

430366980

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

7.23.19 Received PCCD from client.

7.23.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 41.67%; Max is 70% with a 722 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 6 months P&I reserves (6 * $3,359.38 = $20,156.28). B1 has a total of $352,235.88 or 104.85 months P & I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.33%; Max is 49%.

Client Complete

430366980

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

7.23.19 Received PCCD from client.

7.23.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 41.67%; Max is 70% with a 722 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 6 months P&I reserves (6 * $3,359.38 = $20,156.28). B1 has a total of $352,235.88 or 104.85 months P & I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.33%; Max is 49%.

Client Complete

430366980

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

CD xx/x/x/xxxx - Loan Disclosures: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected.

7.23.19 Received PCCD from client.

7.23.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 41.67%; Max is 70% with a 722 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 6 months P&I reserves (6 * $3,359.38 = $20,156.28). B1 has a total of $352,235.88 or 104.85 months P & I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.33%; Max is 49%.

Client Complete

430366980

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 41.67%; Max is 70% with a 722 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 6 months P&I reserves (6 * $3,359.38 = $20,156.28). B1 has a total of $352,235.88 or 104.85 months P & I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.33%; Max is 49%.

Client Complete

430366981

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  780 credit score exceeds minimum of 690 for a 3 family with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 29.06%; Max is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 75%. Loan LTV is at 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $128,848.97 or 36.61 months of P&IRequired P&I Reserves are $3,519.65 x 6 = $21,117.90 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 15 years.

Client Complete

430248147

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

06.17.19 Updated value received, appraised value supported.

06.17.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at current residence for 15 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650 per guidelines.  Borrower has qualifying score of 797. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines is 70%.  Actual LTV is 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has excess assets in the amount of $139,810.22.

Client Complete

430366982

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

A

A

D

B

A

A

D

B

A

A

D

B

A

A

Property Valuations

Appraisal

Active

B

B

B

B

PRVAAPPR267

Appraisal dated after closing

No

The loan Closed x.xx.xxxx, the appraisal Effective date is xx.xx.xxxx and the Appraiser signed it xx.xx.xxxx.There are no other valuations located in file

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at current residence for 5 years

Client Complete

430366982

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

A

A

D

B

A

A

D

B

A

A

D

B

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.09.19 Updated value received, appraised value supported.

07.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at current residence for 5 years

Client Complete

430366985

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Transaction Coordinator Fee (line 06) payee is entered as "TBD".

7.11.19 Received PCCD from client.

7.11.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  810 FICO exceeds 680 mid score with a 75% LTV.. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV  is below 80% max CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.95% DTI is below max of 49%.

Client Complete

430366985

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.11.19 Received PCCD from client.

7.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  810 FICO exceeds 680 mid score with a 75% LTV.. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV  is below 80% max CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.95% DTI is below max of 49%.

Client Complete

430366985

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.09.19 Updated value received, appraised value supported.

07.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  810 FICO exceeds 680 mid score with a 75% LTV.. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV  is below 80% max CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.95% DTI is below max of 49%.

Client Complete

430248150

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

1008 in file shows DTI of 42.24% which does not match tape DTI of 40.85%. Provide corrected 1008.

6.13.19 - Received Final 1008

6.13.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  788 credit score exceeds minimum of 660. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has $28,365.73 or 21.28 months P&I reserves.  6 months required.

Client Complete

430248150

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

06.12.19 Updated value received, appraised value supported.

06.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  788 credit score exceeds minimum of 660. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has $28,365.73 or 21.28 months P&I reserves.  6 months required.

Client Complete

430366986

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.10.19 Updated value received, appraised value supported.

07.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $52,318.13 or 58.96 months of P&IRequired P&I Reserves are $887.31 x 3 = $5323.86 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 640; qualifying credit score is 771 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  B1 has been XXX for 15 years

Client Complete

430366987

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Real Estate Commission does not appear in the Seller Paid column of the final borrower's CD xx/x/x/xxxx.

(No Data)

Exception can be satisfied, as the fee appears on the Seller CD.

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 700.  Borrower's qualifying score is 744. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months of P&I and has 69 months of P&I.

Client Complete

430366987

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

CD xx/x/x/xxxx - Loan Disclosures Section: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected.

7.29.19 Received PCCD from client.

7.29.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 700.  Borrower's qualifying score is 744. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months of P&I and has 69 months of P&I.

Client Complete

430366987

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Loan approval not provided.

7.23.19 Received Lenders Loan Approval

7.23.19 - Exception Satisified

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 700.  Borrower's qualifying score is 744. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months of P&I and has 69 months of P&I.

Client Complete

430497130

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

Texas Home Equity

Satisfied

C

B

C

B

CMPTXHE119

Texas Equity - Affidavit of Fair Market Value not signed by lender

No

Copy of Affidavit of Fair Market Value in file not signed by lender.

9.11.19 Received executed Fair Market Value

9.11.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 62.42%; Max is 70% with a 699 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  699 credit score exceeds minimum of 670 with a 62.42% LTV. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 11years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 41.27%, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's required P&I reserves are 12 monthsVerified 106.33 months of P&I reserves

Complete

430497130

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Threshold Calculation  Adjusted Charges $xxxx Total Loan Amount $xxxx Maximum Charges % 2.000% Maximum Charges $xxxx Charges Margin to Threshold $xxxx Total Charges % 2.026% Exceeds fees test threshold? Yes

9.12.19 Received rebuttal from client requesting breakdown of fees, client also provided loan detail report. LDR does not include TX 50 test.\9.26.19 Received ComplianceEase from client, TX 50 is not included in provided test. Provided client with Clayton fee testing results.10.2.19 Received rebuttal from client regarding appraisal fee applicability to TX 50 test. Appraisal fee is not included in Clayton's testing, however Appraisal Field review and Appraisal 1007 products are. Guide regarding fee applicability is specific to appraisal fee is excluded when performed by 3rd party appraiser however this is specific to appraisal fee and does not extend to field review & 1007.10.9.19 Received corrected PCCD, refund to cure tolerance and email explaining fee name change.10.9.19 Received PCCD from client with refund to borrower, however there is a new fee named on PCCD. Reached out to client for explanation as this may cause a tolerance error.

10.9.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 62.42%; Max is 70% with a 699 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  699 credit score exceeds minimum of 670 with a 62.42% LTV. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 11years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 41.27%, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's required P&I reserves are 12 monthsVerified 106.33 months of P&I reserves

Complete

430497130

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Credit

Income/Employment

Satisfied

B

A

B

A

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

No

VVOE in file is unreadable.

9.11.19 Received VVOE

9.11.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 62.42%; Max is 70% with a 699 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  699 credit score exceeds minimum of 670 with a 62.42% LTV. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 11years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 41.27%, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's required P&I reserves are 12 monthsVerified 106.33 months of P&I reserves

Complete

430497130

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

The following Documents to be re-submitted because the Print on these documents are distorted and cannot be read. 1008 Loan Approval Flood Certificate

9.11.19 - Received updated 1008, Loan Approval and Flood Certificate

9.11.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 62.42%; Max is 70% with a 699 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  699 credit score exceeds minimum of 670 with a 62.42% LTV. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 11years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 41.27%, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's required P&I reserves are 12 monthsVerified 106.33 months of P&I reserves

Complete

430678890

XXXXXX

PA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.18.19 Updated value received, appraised value supported.

11.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $115,890.43 or 168.94 months of P&I. Required P&I Reserves are $685.96 x 6 = $4,115.76. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 786; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 44.80%; max allowable is 49%.

Complete

430366989

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

Final 1003 is not dated.

7.15.19 - lender provided executed final 1003

7.15.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 75%. Loan LTV is at 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $248,689.57 or 22.58 months of PITIRequired PITI Reserves are $11,014.74 x 12 = $132,176.88 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 15 years.

Client Complete

430366992

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  774 credit score.  Minimum required is 650. CFCFS1737: LTV below guideline requirements - Clayton Comments:  63.42% LTV is below maximum of 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $16,343.71 or 13.48 months of reserves. 6 months required.

Client Complete

430366993

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.12.19 Updated value received, appraised value supported.

07.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  708 credit score.  Minimum required is 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $21,232 or 21.06 months reserves. 12 months required.

Client Complete

430366994

XXXXXX

OR

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.26.19 Received PCCD from client.

7.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $138,560.06 or 57.73 months of PITIRequired PITI Reserves are $2,350.43 x 12 = $28,205.16 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Maximum DTI ratio allowed per guidelines is 49%. Loan DTI is 40.64%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 700. Borrower has credit score of 803.

Client Complete

430497131

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in current field for 21 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 660. Borrower's qualifying score is 702. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  6 months of P&I reserves is required, borrower has 13.43 months of P&I.

Complete

430366995

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.12.19 Received PCCD from client.

7.12.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $70,690.44 or 14.74 months of PITIRequired PITI Reserves are $4,795.49 x 12 = $57,545.88 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 6 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max DTI ratio allowed per guidelines is 49%. Loan DTI ratio is at 34.78%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 700. Borrower has credit score of 756.

Client Complete

430366996

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.12.19 Updated value received, appraised value supported.

07.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 75% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 17 years CFCFS1746: Significant housing expense reduction - Clayton Comments:  housing payments reduced from  $4290.00 to $2963.14

Client Complete

430366997

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

7.24.19 Received PCCD from client.

7.24.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $97,761.16 or 33.26 months of P&IRequired P&I  Reserves are $2939.94  x 6   months P&I  are $17,639.64 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 713 exceeds the minimum  FICO of 680 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession for 20 years

Client Complete

430366997

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

7.24.19 Received PCCD from client.

7.24.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $97,761.16 or 33.26 months of P&IRequired P&I  Reserves are $2939.94  x 6   months P&I  are $17,639.64 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 713 exceeds the minimum  FICO of 680 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession for 20 years

Client Complete

430366997

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.24.19 Updated value received, appraised value supported.

07.24.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $97,761.16 or 33.26 months of P&IRequired P&I  Reserves are $2939.94  x 6   months P&I  are $17,639.64 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 713 exceeds the minimum  FICO of 680 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession for 20 years

Client Complete

430366998

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 704 exceeds the minimum  fico of 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 40.45% is below the max ltv of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  23.12% DTI is below maximum of 49%.

Client Complete

430366999

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.09.19 Updated value received, appraised value supported.

07.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  768 credit score exceeds minimum of 660 per guidelines. CFCFS1737: LTV below guideline requirements - Clayton Comments:  62.37% LTV is below max of 70% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $78,208.99 or 47.21 months of P&I; Required P&I Reserves are $1,656.61 x 6 = $9,939.66 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 34.66%; Max is 49%.

Client Complete

430366999

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Property

Satisfied

D

A

D

A

PRVAPROP132

Missing HOA Certificate/Questionnaire

No

Missing HOA Certificate/Questionnaire

7.10.19 Received Documentation - Single Detached Condo

7.10.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  768 credit score exceeds minimum of 660 per guidelines. CFCFS1737: LTV below guideline requirements - Clayton Comments:  62.37% LTV is below max of 70% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $78,208.99 or 47.21 months of P&I; Required P&I Reserves are $1,656.61 x 6 = $9,939.66 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 34.66%; Max is 49%.

Client Complete

430448952

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

B

A

D

A

D

A

D

A

B

A

D

A

D

A

Compliance

Documentation

Satisfied

D

A

D

A

CMPDOC796

Missing Title

No

Missing Title

09.05.19 title provided.

09.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 705 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 11 years CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 74.33% is below the max ltv of 80%

Complete

430448952

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

B

A

D

A

D

A

D

A

B

A

D

A

D

A

Credit

Terms/Guidelines

Satisfied

B

A

B

A

CRDTER109

Cash Out Amount Exceeds Guidelines

No

Per 1003/1008 loan is set up as limited c/o however cash back exceeds $2000.00

9.16.19 - Received PCCD showing borrower only receiving $2,000.00 cash back.

9.16.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 705 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 11 years CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 74.33% is below the max ltv of 80%

Complete

430448952

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

B

A

D

A

D

A

D

A

B

A

D

A

D

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.05.19 Updated value received, appraised value supported.

09.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 705 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 11 years CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 74.33% is below the max ltv of 80%

Complete

430367000

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.11.19 Updated value received, appraised value supported.

07.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 70%. Loan LTV is at 53.55%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $37,686.56 or 12.85 months of PITIRequired PITI Reserves are $2,933.64 x 3 = $8,800.92 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 20 years.

Client Complete

430367001

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 789 exceeds the minimum  fico of 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 35.25% is below the max dti of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 15 years

Client Complete

430367002

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxx is missing itemization for Deed/Mortgage.

7.12.19 Received PCCD from client.

7.12.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV 75%.  Actual LTV is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per program is 690.  Borrower's qualifying score is 762.

Client Complete

430367002

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Credit

Assets

Satisfied

D

A

D

A

CRDAST2670

Asset documentation is insufficient per guideline requirements

No

Missing transfer of $50,000 gift from XXX.  Transfer from borrower's bank to closing, however, not from donor to borrower.

7.15.19 Received Documentation

7.15.19 Received evidence of receipt of Gift Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV 75%.  Actual LTV is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per program is 690.  Borrower's qualifying score is 762.

Client Complete

430367002

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.15.19 Updated value received, appraised value supported.

07.15.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV 75%.  Actual LTV is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per program is 690.  Borrower's qualifying score is 762.

Client Complete

430367003

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.12.19 Updated value received, appraised value supported.

07.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 40 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 12 years.

Client Complete

430497132

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

9.17.19 Received PCCD from client.

9.17.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 708; requires 640. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  18 years XXX. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $31,055.00 or 6.81 months of PITI.

Complete

430497132

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

9.17.19 Received PCCD from client.

9.17.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 708; requires 640. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  18 years XXX. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $31,055.00 or 6.81 months of PITI.

Complete

430497132

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Assets

Satisfied

D

A

D

A

CRDAST2670

Asset documentation is insufficient per guideline requirements

No

Per the 5.1.19 guidelines under Assets & Reserves:  Need 2 months most recent deposit account statements or VOD required.  The file only has 1 bank statement for each account [XXX #XXX 4.30.19/XXX #XXX 7.31.19/XXX #XXX/XXX 7.29.19 and XXX#XXX/XXX 7.31.19] in file.  NOTE: the total assets are $31,055; however only need 13,700.

9.19.19 - Received the June Bank statement for all Asset accounts

9.19.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 708; requires 640. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  18 years XXX. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $31,055.00 or 6.81 months of PITI.

Complete

430497132

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 708; requires 640. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  18 years XXX. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $31,055.00 or 6.81 months of PITI.

Complete

430367005

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.12.19 Updated value received, appraised value supported.

07.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  62.13% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  800 credit score.  Minimum required is 660. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $46,578.80 or 23.47 months of reserves. 6 months required.

Client Complete

430367006

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

7.9.19 Received PCCD from client.

7.9.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60.04%; Max is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 credit score exceeds minimum of 680 per guidelines with a 60.04% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 38.46%; Max is 49%.

Client Complete

430367006

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

7.9.19 Received PCCD from client.

7.9.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60.04%; Max is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 credit score exceeds minimum of 680 per guidelines with a 60.04% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 38.46%; Max is 49%.

Client Complete

430367006

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.09.19 Updated value received, appraised value supported.

07.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60.04%; Max is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 credit score exceeds minimum of 680 per guidelines with a 60.04% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 38.46%; Max is 49%.

Client Complete

430235017

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

06.12.19 Updated value received, appraised value supported.

06.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 660.  Borrower's qualifying score is 773. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower on current job for 4 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines is 80%.  Actual LTB is 69.55%.

Client Complete

430367007

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR1909

Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor

No

H9 Form is required, as loan is with the original creditor.

7.15.19 Received H9 form from client.

7.15.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 793; requires 690. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; maximum LTV is 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $661,237.87 or 67.05 months of P&I. 12 months required.

Client Complete

430367008

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.43%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $62,121.16 or 23.23 months of P&IRequired P&I Reserves are $2,674.68 x 12 = $32,096.16 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 700. Borrower has credit score of 756.

Client Complete

430367009

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

Credit

Income/Employment

Satisfied

B

A

B

A

CRDINC2408

Income verification does not meet guidelines

No

Business License for XXX borrower covers 1 year and 9 months; 2 years required.

(No Data)

Upon further review by Senior Underwriter, exception deemed non-material due to 762 credit score and 38.49% DTI.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV; Max is 80% with a 762 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  762 credit score exceeds minimum of 680 with a 75% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 38.49%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 12 months P&I reserves (12 * $1,641.52 = $19,698.24). B1 has a total of $34,390.44 or 20.95 months P & I.

Client Complete

430367009

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV; Max is 80% with a 762 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  762 credit score exceeds minimum of 680 with a 75% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 38.49%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 12 months P&I reserves (12 * $1,641.52 = $19,698.24). B1 has a total of $34,390.44 or 20.95 months P & I.

Client Complete

430367010

XXXXXX

PA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC3204

Income Documentation Missing

No

Missing WVOE for borrower#1 to verify $4,057.00 per month.

7.17.19 Received Written VOE for Borrower

7.17.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1739: Postive mortgage payment history - Clayton Comments:  0x30 prior 72 months mortgage history per credit report. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 761 exceeds the minimum FICO of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Client Complete

430367011

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.15.19 Received PCCD from client.

7.15.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 78.05 % Guidelines allow 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 43.29 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 753 Guidelines allow 700

Client Complete

430367012

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Transaction Information section, Seller address missing from CD.

7.22.19 Received PCCD from client.

7.22.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 75% with a loan amount of $xxxx CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  798 credit score exceeds minimum of 700 per guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 32.16%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 12 months P&I reserves (12 * $5,972.08 = $71,664.96). B1 has a total of $596,443.64 or 99.87 months P & I.

Client Complete

430367012

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

7.22.19 Received seller cd from client.

7.22.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 75% with a loan amount of $xxxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  798 credit score exceeds minimum of 700 per guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 32.16%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 12 months P&I reserves (12 * $5,972.08 = $71,664.96). B1 has a total of $596,443.64 or 99.87 months P & I.

Client Complete

430367013

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4283

TRID - CD: The value for Deposit in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Deposit in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($-xxxx).

7.15.19 Received PCCD from client.

7.15.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  765 credit score.  Minimum required is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.03% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $33,528.91 or 29.47 months of reserves. 12 months required.

Client Complete

430367013

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

7.15.19 Received PCCD from client.

7.15.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  765 credit score.  Minimum required is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.03% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $33,528.91 or 29.47 months of reserves. 12 months required.

Client Complete

430367013

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4311

TRID - CD: The value for Adjustments and Other Credits in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Adjustments and Other Credits in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($-xxxx).

7.15.19 Received PCCD from client.

7.15.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  765 credit score.  Minimum required is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.03% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $33,528.91 or 29.47 months of reserves. 12 months required.

Client Complete

430367013

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.15.19 Received PCCD from client.

7.15.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  765 credit score.  Minimum required is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.03% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $33,528.91 or 29.47 months of reserves. 12 months required.

Client Complete

430367014

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per program is 80%.  Actual LTV is 63.64%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 650.  Borrowers' qualifying score is 722. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 13 years

Client Complete

430668578

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

10.31.19 Received PCCD from client.

10.31.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 38.50/38.725, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 61.29%, maximum allowed is 8% LTV

Complete

430668578

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

10.31.19 Received PCCD from client.

10.31.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 38.50/38.725, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 61.29%, maximum allowed is 8% LTV

Complete

430668578

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

10.31.19 Received PCCD from client.

10.31.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 38.50/38.725, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 61.29%, maximum allowed is 8% LTV

Complete

430668578

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Application

Satisfied

D

A

D

A

CRDAPP3312

One or more Applications in file are incomplete

No

Missing lower portion of page 3 on Final Loan Application

10.30.19 Received corrected 1003

10.30.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 38.50/38.725, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 61.29%, maximum allowed is 8% LTV

Complete

430668578

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Missing Rebuild Cost Estimate. Loan amount $xxxx; Hazard amount is $600,000; Appraised value at 80% $xxxx.

10.30.19 Received RCE supporting HOI Policy in file

10.30.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 38.50/38.725, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 61.29%, maximum allowed is 8% LTV

Complete

430668578

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.29.19 Updated value received, appraised value supported.

10.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 38.50/38.725, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 61.29%, maximum allowed is 8% LTV

Complete

430367015

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.12.19 Updated value received, appraised value supported.

07.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum allowable credit score is 650.  Borrower's qualifying score is 777. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines is 70%.  Actual LTV is 49.76%. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower at current residence for 15 years.

Client Complete

430367016

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.71% is below the max dti of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 12 years

Client Complete

430367018

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.11.19 Received PCCD from  client.

7.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers have excess assets in the amount of $11,652.06. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 700.  Borrowers' have qualifying score of 783.

Client Complete

430448954

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation..

08.09.19 Updated value received, appraised value supported.

08.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 21.41 is less than required of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  10 months P&I exceed required of 6 months CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit exceed 24 months..

Complete

430367019

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.11.19 Received PCCD from client.

7.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has excess assets in the amount of $21,670.38. Borrowers post-closing assets are $47,452.02 or 22.08 months. Required P&I reserves are $2,148.47 x 12=$25,781.64 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in same profession for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score 700.  Borrower's qualifying score is 722.

Client Complete

430497133

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of XXX on the ROR.

9.20.19 Received PCCD from client.

9.20.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 772 exceeds the minimum fico of 680 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided in subject property for 5 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 20 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $381,902.89 or 71.65  mos P&I P&I Reserves of $5329.94 x 6 mos P&I are $31,979.64

Complete

430497133

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD XXX is before end of statutory rescission period xx/xx/xxxx on the ROR.

9.20.19 Received PCCD from client.

9.20.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 772 exceeds the minimum fico of 680 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided in subject property for 5 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 20 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $381,902.89 or 71.65  mos P&I P&I Reserves of $5329.94 x 6 mos P&I are $31,979.64

Complete

430497133

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

CD xx/x/x/xxxx - The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected.

9.20.19 Received PCCD from client.

9.20.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 772 exceeds the minimum fico of 680 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided in subject property for 5 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 20 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $381,902.89 or 71.65  mos P&I P&I Reserves of $5329.94 x 6 mos P&I are $31,979.64

Complete

430497133

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 772 exceeds the minimum fico of 680 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided in subject property for 5 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 20 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $381,902.89 or 71.65  mos P&I P&I Reserves of $5329.94 x 6 mos P&I are $31,979.64

Complete

430367020

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx Other Costs, Section H. Other: Water and Energy Compliance fee (line 06) payee is entered as "TBD".

7.12.19 Received PCCD from client.

7.12.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 788 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 13 years

Client Complete

430367021

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of XXX on the ROR.

7.15.19 Received PCCD from client.

7.15.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 772 exceeds the minimum  fico of 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 27.59% is below the max LTV of 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 35.11% is below the max DTI of 49%

Client Complete

430367021

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR117

ROR - Expiration date on form prior to end of rescission period

No

Expiration date on form (07/01/2019) prior to end of rescission period (xx/xx/xxxx).

7.15.19 Received PCCD from client.

7.15.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 772 exceeds the minimum  fico of 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 27.59% is below the max LTV of 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 35.11% is below the max DTI of 49%

Client Complete

430367021

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

7.15.19 Received PCCD from client.

7.15.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 772 exceeds the minimum  fico of 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 27.59% is below the max LTV of 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 35.11% is below the max DTI of 49%

Client Complete

430367021

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 772 exceeds the minimum  fico of 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 27.59% is below the max LTV of 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 35.11% is below the max DTI of 49%

Client Complete

430367023

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Agent Commission (line 03) has the payee listed as "Other".

7.10.19 Received PCCD from client.

7.10.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $70,400.50 or 20.50 months of PITIRequired PITI Reserves are $3,287.44 x 12 = $39,449.28 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked at current profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 700. Borrower has credit score of 780.

Client Complete

430367025

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 785 exceeds the minimum  fico of 700 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 12 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Client Complete

430367026

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Assets

Satisfied

D

A

D

A

CRDAST2670

Asset documentation is insufficient per guideline requirements

No

Gift letter in file for $106,000 not supported by wires. Need Gift letter for 109,500.

7.18.19 - lender provided gift letters totaling $109,500

7.18.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Required P&I reserves are $1,026.36 x 6=$6,158.16. Borrowers post-closing assets are in the amount of $21,985.36 or 21.42 month P&I. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in same profession for 6 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Maximum DTI is 49%.  Borrower's qualifying DTI is 38.30%.

Client Complete

430367026

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.18.19 Updated value received, appraised value supported.

07.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Required P&I reserves are $1,026.36 x 6=$6,158.16. Borrowers post-closing assets are in the amount of $21,985.36 or 21.42 month P&I. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in same profession for 6 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Maximum DTI is 49%.  Borrower's qualifying DTI is 38.30%.

Client Complete

430367027

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  756 Fico exceeds 700 mid score CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80% CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in same profession for 50 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 36.06%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $131,746.30 or 30.98 months P&IRequired 6 months x $4,251.97= $25,511.82

Client Complete

430367028

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Transaction Information Section: Seller address is missing from CD.

7.8.19 Received PCCD from client.

7.8.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets in the amount of $206,762.23 or 76.09 months.  Per guidelines, borrower must have 12 months of P&I for reserves; $2,717.10 x 12=$32,605.20. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 700.  Actual qualifying score is 773.

Client Complete

430367028

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID5019

TRID - Closing Disclosure; Optional designation missing from optional insurance product

No

Non numeric error per PCCD issued xx/xx/xxxx, Other Costs Home warranty fee paid by borrower is missing optional designation.

7.10.19 Received revised PCCD from client.

7.10.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets in the amount of $206,762.23 or 76.09 months.  Per guidelines, borrower must have 12 months of P&I for reserves; $2,717.10 x 12=$32,605.20. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 700.  Actual qualifying score is 773.

Client Complete

430367029

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 800 exceeds the minimum  fico of 640 CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 36.45% is below the max dti of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 4 years

Client Complete

430367030

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.16.19 Received PCCD from client

7.16.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 75%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $115,817.31 or 42.80 months of P&IRequired P&I Reserves are $2,706.29 x 12 = $32,475.48 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked at current profession for 5 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 22.41 / 27.92%, Max DTI is 49%

Client Complete

430367030

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation to support appraised value.

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 75%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $115,817.31 or 42.80 months of P&IRequired P&I Reserves are $2,706.29 x 12 = $32,475.48 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked at current profession for 5 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 22.41 / 27.92%, Max DTI is 49%

Client Complete

430367031

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months PITI reserves $4688.15x12=$56,257.80, borrower has $66772.36, or 14.24 months in reserves CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 700; qualifying credit score is 773 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 33.55%

Client Complete

430367032

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx Closing Information; Seller address is incomplete. Missing street #.

7.10.19 Received PCCD from client.

7.10.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $410,853.41 or 80.39 months of reserves. 12 months required. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 12 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 5 years.

Client Complete

430367032

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID5019

TRID - Closing Disclosure; Optional designation missing from optional insurance product

No

Non numeric error per PCCD issued xx/xx/xxxx, Other Costs Home Warranty fee paid by borrower is missing optional designation.

7.15.19 Received PCCD from client

7.15.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $410,853.41 or 80.39 months of reserves. 12 months required. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 12 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 5 years.

Client Complete

430367034

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing the Seller's CD from file.

7.16.19 Received seller cd.

7.16.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 660 exceeds the minimum  fico of 640

Client Complete

430367034

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 660 exceeds the minimum  fico of 640

Client Complete

430367035

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.24.19 Received PCCD from client.

7.24.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 10 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 743, minimum allowed is 640 for Purchase

Client Complete

430367035

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD is missing from file.

7.22.19 Received seller cd.

7.22.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 10 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 743, minimum allowed is 640 for Purchase

Client Complete

430367035

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

# months PITI is required for reservesBorrower is short $718.37

7.23.19 - Received PCCD  which satisfied the Asset shortage

7.23.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 10 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 743, minimum allowed is 640 for Purchase

Client Complete

430448955

XXXXXX

FL

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 70% with a 741 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $44,677.48 or 49.56 months of P&IRequired P&I Reserves are $901.55 x 6 = $5,409.30 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  741 credit score exceeds minimum of 660 with an 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 18.31%; Max is 49%.

Complete

430367037

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Number of months missing for value entered for Homeowner's Insurance Premium.

7.22.19 Received PCCD from client.

7.22.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  725 credit score exceeds minimum of 700

Client Complete

430367037

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.22.19 Received PCCD from client.

7.22.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  725 credit score exceeds minimum of 700

Client Complete

430367038

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.10.19 Updated value received, appraised value supported.

07.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 640.  Borrower's qualifying score is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines is 70%.  Actual LTV is 59.01%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  36.85% DTI is below maximum of 49%.

Client Complete

430367039

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.10.19 Updated value received, appraised value supported.

07.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $97,674.28 or 19.74 months reserves. 12 months required. CFCFS1736: Significant time at current residence - Clayton Comments:  8 years at current residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 767; requires 700.

Client Complete

430367040

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Transaction Information: Seller's address is missing from CD.

7.16.19 Received PCCD from client.

7.16.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  57.14% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  802 credit score. Minimum required is 640. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,718.38 or 14.98 months of reserves. 6 months required.

Client Complete

430367040

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  57.14% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  802 credit score. Minimum required is 640. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,718.38 or 14.98 months of reserves. 6 months required.

Client Complete

430448956

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  748 credit score exceeds minimum of 700 with a 80% LTV. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 49 months mortgage history per credit report. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.48%; Max is 49%.

Complete

430367041

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.49% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below maximum of 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $26,384.14 or 18.57 months of reserves.Required P&I Reserves are $1420.89 x 6 = $8525.34.

Client Complete

430367042

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.25.19 Received PCCD from client.

7.25.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 credit score.  Minimum required is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.41% is below the max LTV of 80% CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 2 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Client Complete

430367042

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

7.12.19 Received seller CD from client.

7.12.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 credit score.  Minimum required is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.41% is below the max LTV of 80% CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 2 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Client Complete

430367042

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.12.19 Updated value received, appraised value supported.

07.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 credit score.  Minimum required is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.41% is below the max LTV of 80% CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 2 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Client Complete

430448957

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 72.446% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 703 exceeds the minimum  FICO of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 25 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required P&I Reserves are $3,929.10 x 6 = 23,574.96Assets: Borrower's Post Close Assets are $181,775.04 or 46.26 months of P&I

Complete

430367043

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.09.19 Updated value received, appraised value supported.

07.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per program is 690.  Borrower's qualifying score is 720. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 70%.  Actual LTV is 52.63%.

Client Complete

430367044

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs: Section F: Prepaids: Homeowner's Insurance Premium is missing the number of months.

7.16.19 Received PCCD from client.

7.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 65% Guidelines allow 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 40.85%, Guidelines allow 49% . CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 666 Guidelines allow 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $14,989.59; verified as 7.56 months P & I. Guidelines allow 6 months or ($ 1,983.70 x 6 = $11,902.20)

Client Complete

430367044

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3708

TRID - Curable Issue #2 related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information: Missing Seller's address.

7.16.19 Received PCCD from client.

7.16.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 65% Guidelines allow 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 40.85%, Guidelines allow 49% . CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 666 Guidelines allow 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $14,989.59; verified as 7.56 months P & I. Guidelines allow 6 months or ($ 1,983.70 x 6 = $11,902.20)

Client Complete

430367044

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric non-material error per final CD issued xx/xx/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.16.19 Received PCCD from client.

7.16.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 65% Guidelines allow 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 40.85%, Guidelines allow 49% . CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 666 Guidelines allow 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $14,989.59; verified as 7.56 months P & I. Guidelines allow 6 months or ($ 1,983.70 x 6 = $11,902.20)

Client Complete

430367044

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing Updated Valuation

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 65% Guidelines allow 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 40.85%, Guidelines allow 49% . CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 666 Guidelines allow 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $14,989.59; verified as 7.56 months P & I. Guidelines allow 6 months or ($ 1,983.70 x 6 = $11,902.20)

Client Complete

430448958

XXXXXX

NC

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.16.19 Updated value received, appraised value supported.

08.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been current residence for 11.50 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 819 exceed required of 700

Complete

430367045

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3124

Loan documents do not meet guideline requirements

No

Missing Loan Detail Report from  file

7.23.19 Received Loan Detail Report

7.23.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 747, minimum allowed is 700

Client Complete

430367045

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval/underwriting form

7.22.19 Received Lenders Approval

7.22.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 747, minimum allowed is 700

Client Complete

430367046

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 70% Guidelines allow 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 27.87 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 794 Guidelines allow 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $21,563.71 or 10.24 months of P&IRequired P&I Reserves are $2,106.50 x 6 = $12,639.00

Client Complete

430367047

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7/25/2019 Received PCCD from client.

7.25.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  737 credit score. Minimum required is 680. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX 11 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.56% DTI is below maximum of 49%.

Complete

430367047

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

CD: 07/03/2019 - The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected but You declined it and/or Your lender does not offer one are selected.

7.25.19 Received PCCD from client.

7.25.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  737 credit score. Minimum required is 680. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX 11 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.56% DTI is below maximum of 49%.

Complete

430367047

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Credit

Legal Documents

Satisfied

D

A

D

A

CRDLGL2996

Missing Trust Documents

No

Missing executed certification of trust.  Loan closed in name of trust.

7.15.19 Received Trust Certification

7.15.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  737 credit score. Minimum required is 680. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX 11 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.56% DTI is below maximum of 49%.

Complete

430367047

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

DTI verified as 41.56% after including $1533.93 mortgage payment for departure residence.  1008 does not include payment and shows DTI of 35.32%.  Provide documentation to support exclusion of mortgage payment or corrected 1008 & tape data with payment included.

7.15.19 Received updated 1008 & 1003

7.15.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  737 credit score. Minimum required is 680. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX 11 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.56% DTI is below maximum of 49%.

Complete

430367048

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx Transaction Information Section, Seller: Missing Seller address from CD.

7.22.19 Received PCCD from client.

7.22.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.91%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 12 months P&I reserves (12 * $1,148.58 = $13,782.96). B1 has a total of $25,894.85 or 22.55 months P & I. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  718 credit score exceeds minimum of 700 per guidelines with a 79.91% LTV.

Client Complete

430367048

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval

7.17.19 - lender provided loan approval

7.17.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.91%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 12 months P&I reserves (12 * $1,148.58 = $13,782.96). B1 has a total of $25,894.85 or 22.55 months P & I. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  718 credit score exceeds minimum of 700 per guidelines with a 79.91% LTV.

Client Complete

430367049

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Compliance

State High Cost

Satisfied

C

A

C

A

CMPSTHC877

CA High-Cost Loan by exceeding point and fee threshold

No

Threshold Calculation  Adjusted Charges $xxxx Total Loan Amount $XXX.XX Maximum Charges % 6.000% Maximum Charges $xxxx Charges Margin to Threshold $xxxx Total Charges % 7.392% Exceeds fees test threshold? Yes

8.5.19 Received PCCD from client.

8.5.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Required credit score per guidelines is 660.  Borrower's qualifying score is 685. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines is 70%.  Actual LTV is 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has excess assets in the amount of $31,878.67.

Client Complete

430367049

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Required credit score per guidelines is 660.  Borrower's qualifying score is 685. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines is 70%.  Actual LTV is 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has excess assets in the amount of $31,878.67.

Client Complete

430367050

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  739 credit score exceeds minimum of 700 per guidelines with a 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.44%; Max is 49%.

Client Complete

430367051

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD is missing from file.

7.18.19 Received seller CD from client.

7.18.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  680 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 33.20%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves (6 * $1,380.74 = $8,284.44). B1 has a total of $43,321.59 or 33.38 months P & I

Client Complete

430367051

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.18.19 Updated value received, appraised value supported.

07.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  680 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 33.20%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves (6 * $1,380.74 = $8,284.44). B1 has a total of $43,321.59 or 33.38 months P & I

Client Complete

430367052

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Sellers's address from CD.

7.23.19 Received PCCD from client.

7.23.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 46.67%; Max is 80%  with a 806 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  806 credit score exceeds minimum of 640 with a 46.67% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.24%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $15,356.73 or 8.06 months of P&IRequired P&I Reserves are $1,905.70 x 6 = $11,434.20

Client Complete

430367052

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.23.19 Received PCCD from client.

7.23.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 46.67%; Max is 80%  with a 806 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  806 credit score exceeds minimum of 640 with a 46.67% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.24%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $15,356.73 or 8.06 months of P&IRequired P&I Reserves are $1,905.70 x 6 = $11,434.20

Client Complete

430367052

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 46.67%; Max is 80%  with a 806 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  806 credit score exceeds minimum of 640 with a 46.67% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.24%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $15,356.73 or 8.06 months of P&IRequired P&I Reserves are $1,905.70 x 6 = $11,434.20

Client Complete

430367053

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing Updated Valuation

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 60%, Guidelines allow 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 19.43%, Guidelines allow 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 784, Guidelines allow 640. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $208,663.70 or 66.19 months of reserves. 6 months required.

Client Complete

430367055

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7/25/2019 Received PCCD from client.

7.25.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current address for 5 years.

Client Complete

430367055

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Lenders Loan Approval and 1008 reflect a rate of 6.75%Note reflects a rate of 5.75%

7.23.19 Received  corrected Lenders Loan Approval / 1008

7.23.19  Exception Satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current address for 5 years.

Client Complete

430367055

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.24.19 Updated value received, appraised value supported.

07.24.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current address for 5 years.

Client Complete

430367056

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  779 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 35.18%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $112,793.89 or 56.67 months of P&IRequired P&I Reserves are $1,990.51 x 12 = $23,886.12

Client Complete

430448959

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV below guideline requirements - Clayton Comments:  62.11% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  813 credit score exceeds minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments:  26.62% DTI is below maximum of 49%.

Complete

430367058

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.22.19 Received PCCD from client.7.23.19 Duplicate

7.22.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  26.79% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  707 credit score exceeds minimum required of 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $58,448.49 or 44.51 months of reserves. 6 months required.

Client Complete

430367058

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Provide corrected 1008 and approval reflecting loan purpose as cash out refinance per as final CD.Documents show the Transaction as a Limited Cash Out, however borrower received XXX Cash Out

7.19.19 - lender provided corrected 1008

7.19.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  26.79% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  707 credit score exceeds minimum required of 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $58,448.49 or 44.51 months of reserves. 6 months required.

Client Complete

430367058

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  26.79% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  707 credit score exceeds minimum required of 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $58,448.49 or 44.51 months of reserves. 6 months required.

Client Complete

430367059

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.12.19 Updated value received, appraised value supported.

07.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 35.71% is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  792 credit score exceeds minimum of 640. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $48,280.57 or 43.08 months of reserves. 6 months required.

Client Complete

430367060

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.23.19 Received PCCD from client.

7.23.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has excess assets in the amount of $13102.42. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 700. Borrower's qualifying score is 738.

Client Complete

430367060

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Homeowner's Insurance Premium does not have the months indicated.

7.23.19 Received PCCD from client.

7.23.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has excess assets in the amount of $13102.42. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 700. Borrower's qualifying score is 738.

Client Complete

430709256

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error:  CD xx/x/x/xxxx - Calculating Cash to Close Section, Total Closing Costs (J) identifies a change in value but the explanation for the change is missing.

11.13.19 Received pccd from client

11.13.19 exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 798 is above the guideline requirement of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 68.52 is below the guideline maximum allowed of 80.00. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 31.69 is below the guideline max allowed of 49.00%.

Complete

430709256

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.13.19 Received pccd from client

11.13.19 exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 798 is above the guideline requirement of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 68.52 is below the guideline maximum allowed of 80.00. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 31.69 is below the guideline max allowed of 49.00%.

Complete

430709256

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Need XXX to support HOI policy in file. Even though the HOI coverage (XXX)is above the actual loan amount of XXX, it is not 80% of the Appraised Value. Appr. Value is XXX80% is XXX Policy is for XXX

11.19.19 - Received RCE supporting HOI policy in file

11.19.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 798 is above the guideline requirement of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 68.52 is below the guideline maximum allowed of 80.00. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 31.69 is below the guideline max allowed of 49.00%.

Complete

430709256

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

The file is missing an updated valuation.

11.11.19 Updated value received, appraised value supported.

11.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 798 is above the guideline requirement of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 68.52 is below the guideline maximum allowed of 80.00. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 31.69 is below the guideline max allowed of 49.00%.

Complete

430367061

XXXXXX

GA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  10 years at current residence. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $71,339.39 or 133.66 months of P&I.

Client Complete

430367062

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Transaction Information Section is missing Seller address.

7.23.19 Received PCCD from client.

7.23.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 9.33 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.84% is below max of 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below max of 70% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $27,195.07 or 14.29 months P&IRequired assets $1903.27 x 6= $11,419.62 months P&I

Client Complete

430367062

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval/underwriting form

7.22.19 - Received Lender Loan Approval

7.22.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 9.33 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.84% is below max of 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below max of 70% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $27,195.07 or 14.29 months P&IRequired assets $1903.27 x 6= $11,419.62 months P&I

Client Complete

430367062

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 9.33 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.84% is below max of 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below max of 70% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $27,195.07 or 14.29 months P&IRequired assets $1903.27 x 6= $11,419.62 months P&I

Client Complete

430367063

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.25.19 Received PCCD from client.

7.25.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 7 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  722 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months P&I reserves (12 * $3,180.64 = $38,167.68). B1 has a total of $50,977.14 or 16.03 months P & I.

Client Complete

430367066

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Seller paid Real Estate Commission does not appear on the final Borrower's CD in file.

7.18.19 Received PCCD from client.

7.18.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  55.09% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  789 credit score.  Minimum required is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.63% DTI is below maximum of 49%

Client Complete

430367066

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing Seller CD from file.

7.18.19 Received seller cd from client.

7.18.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  55.09% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  789 credit score.  Minimum required is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.63% DTI is below maximum of 49%

Client Complete

430367066

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.18.19 Updated value received, appraised value supported.

07.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  55.09% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  789 credit score.  Minimum required is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.63% DTI is below maximum of 49%

Client Complete

430367067

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 60.30%, maximum LTV is 80% CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 7 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 816, minimum allowed is 700

Client Complete

430367068

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.18.19 Updated value received, appraised value supported.

07.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 27.01%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 660.  Borrower's qualifying score is 712. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines is 80%.  Actual LTV is 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower has post-closing assets in the amount of $211,363.28 or 86.28 months P&I. Required P&I reserves in the amount of $2,449.87 x 6=$14,699.22 CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Per guidelines not more than 1x30 in last 12 months allowed.  Borrower has 85 month mortgage history with -0- late pays.

Client Complete

430367069

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.23.19 Updated value received, appraised value supported.

07.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  65.80% LTV is below maximum of 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  22.17% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  778 credit score. Minimum required is 660.

Client Complete

430367070

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been same profession 7 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for 5 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has excess assets in the amount of $118,340.26 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per program is 700.  Borrower's qualifying score is 755.

Client Complete

430367071

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from CD.

7.22.19 Received PCCD from client.7.23.19 Received Duplicate

7.22.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $202,413.54 or 74.07 months of P&I CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 782 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 8 years

Client Complete

430367072

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  769 credit score exceeds minimum required of 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $45,138.10 or 23.43 months of reserves. 12 months required. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job for 7 years

Client Complete

430531421

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

Documentation

Satisfied

D

A

D

A

CMPDOC225

Missing Rider

No

Missing PUD Rider in file.

9.18.19 Received Executed PUD Rider

9.18.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  809 Fico score exceeds 720 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  20.79% DTI is below max of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below max of 80%

Complete

430531421

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.20.19 Received pccd from client

9.20.19 exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  809 Fico score exceeds 720 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  20.79% DTI is below max of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below max of 80%

Complete

430531421

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.19.19 Updated value received, appraised value supported.

09.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  809 Fico score exceeds 720 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  20.79% DTI is below max of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below max of 80%

Complete

430367073

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Seller's address is missing from the file.

7.26.19 Received PCCD from client. City, State and Zip code are missing from seller address.7.29.19 Received corrected PCCD from client.

7.29.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  793 credit score exceeds minimum of 680 with a 75% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 793 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $24,525.55 or 17.38 months of P&IRequired P&I Reserves are $1,411.13 x 12 = $16,933.56

Client Complete

430367073

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.26.19 Received PCCD from client.

7.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  793 credit score exceeds minimum of 680 with a 75% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 793 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $24,525.55 or 17.38 months of P&IRequired P&I Reserves are $1,411.13 x 12 = $16,933.56

Client Complete

430367073

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.23.19 Updated value received, appraised value supported.

07.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  793 credit score exceeds minimum of 680 with a 75% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 793 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $24,525.55 or 17.38 months of P&IRequired P&I Reserves are $1,411.13 x 12 = $16,933.56

Client Complete

430367074

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Missing verification of non-subject PITI that is in reference on final 1003 with XXX Acct # XXX with payment of $XXX.

7.22.19 Received Payment Letter

7.22.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  711 credit score exceeds 680 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  46.15% LTV is below max of 70% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets post close are $142,351.49 or 169.47 months P&IRequired is 6 months P&I or $5,039.76.

Client Complete

430367074

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  711 credit score exceeds 680 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  46.15% LTV is below max of 70% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets post close are $142,351.49 or 169.47 months P&IRequired is 6 months P&I or $5,039.76.

Client Complete

430367075

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing Updated Valuation

07.18.19 Updated value received, appraised value supported.

07.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 75%. Guidelines allow 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 43.02%. Guidelines allow 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 746. Guidelines allow 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $34,182.68; verified as 14.89 months P & I Required P&I Reserves are $ 2,294.36 X 6 = $13,766.16

Client Complete

430448961

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error: Final CD xx/x/x/xxxx Other Costs, Section H, Line 03 is missing the payee name.

8.21.19 Received PCCD from client.

8.21.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  727 credit score exceeds minimum of 700 with a 80% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $33,246.80 or 20.08 months of P&I Required P&I Reserves are $1,655.83 x 12 = $19,869.96

Complete

430367077

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Homeowners Insurance Premium is missing number of months covered (line 01) for value entered.

7.30.19 Received PCCD from client.

7.30.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  P&I of 23.94 exceed required of 6 months P&I

Client Complete

430367077

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.30.19 received PCCD from client

7.30.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  P&I of 23.94 exceed required of 6 months P&I

Client Complete

430367078

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

State Consumer Protection

Active

B

B

B

B

CMPSTCP2129

MD Counseling Notice not in file

No

MD Counseling Notice not in file

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 779 exceeds the minimum  fico of 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 54.02% is below the max ltv of 80%

Client Complete

430367078

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 779 exceeds the minimum  fico of 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 54.02% is below the max ltv of 80%

Client Complete

430367080

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.22.19 Received PCCD from client.

7.22.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 711 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  711 credit score exceeds minimum of 680 per guidelines with a 75% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 35.66%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 12 months P&I reserves (12 * $1,378.70 = $16,544.40). B1 has a total of $37,702.56 or 27.35 months P & I.

Client Complete

430367080

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 711 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  711 credit score exceeds minimum of 680 per guidelines with a 75% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 35.66%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 12 months P&I reserves (12 * $1,378.70 = $16,544.40). B1 has a total of $37,702.56 or 27.35 months P & I.

Client Complete

430367081

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.63%; Max is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  810 credit score.  Minimum required is 660. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $22,272.23 or 20.95 months of reserves. 6 months required.

Client Complete

430367082

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.25.19 Received PCCD from client.

7.25.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  788 credit score. Minimum required is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.79% DTI is below maximum of 49%.

Client Complete

430367082

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing Seller CD from file.

7.18.19 Received seller cd from client.

7.18.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  788 credit score. Minimum required is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.79% DTI is below maximum of 49%.

Client Complete

430367082

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.18.19 Updated value received, appraised value supported.

07.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  788 credit score. Minimum required is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.79% DTI is below maximum of 49%.

Client Complete

430531422

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.20.19 Received PCCD from client.

9.20.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 60%.  Actual LTV 49.94%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required reserves of 6 months P&I; borrower has 64.24 months for P&I.

Complete

430367084

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

7.26.19 Received PCCD from client.

7.26.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  744 credit score exceeds minimum of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  68.62% LTV is below maximum of 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.94% DTI is below maximum of 49%.

Client Complete

430367084

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Home Warranty Plan & Transaction Fee (line 01 and 04) identifies the payees as "TBD".

7.26.19 Received PCCD from client.

7.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  744 credit score exceeds minimum of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  68.62% LTV is below maximum of 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.94% DTI is below maximum of 49%.

Client Complete

430367084

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.26.19 Updated value received, appraised value supported.

07.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  744 credit score exceeds minimum of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  68.62% LTV is below maximum of 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.94% DTI is below maximum of 49%.

Client Complete

430497135

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 38.27% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $101,512.85 or 31.49 months of P&IRequired P&I Reserves are $3223.68x6=$38,684.16. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 700; qualifying credit score is 711

Complete

430448965

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval

9.4.19 Received File Loan Approval

9.4.19 - Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 FICO exceeds 650 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  62.86% LTV is below max 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 32.67%; Max is 49%.

Complete

430448965

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 FICO exceeds 650 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  62.86% LTV is below max 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 32.67%; Max is 49%.

Complete

430448966

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Section H. Other: Home Warranty Plan, Natural Hazard Report and TC Fee lists payees as "TBD".

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.36% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  727 credit score exceeds minimum of 700.

Complete

430448966

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

Final application shows income of $14,490.21; does not match 1008 income of $16,454.53 which was used in DTI provided on tape data.

9.6.19 Received updated application

9.6.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.36% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  727 credit score exceeds minimum of 700.

Complete

430367085

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Numeric Non Material Error: Seller paid fees per CD issued CD: xx/xx/xxxx do not match seller CD issued xx/xx/xxxx the following fees on seller CD are missing from CD in the other cost section: Signing Services fee $125.00, Title-Archive Storage fee $75.00, Title-Courier fee $100.00, Title-Document Preparation fee $175.00, Title-Escrow fee $1,053.65, Title-Messenger fee $75.00, Title-Processing Demands fee $100.00, Title- Sub Escrow fee $125.00, Title-Wire fee $35.00 and Title-Wire fee $35.00.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 30.63%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 737; requires 700. CFCFS1736: Significant time at current residence - Clayton Comments:  5 years at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  9.5 years XXX. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $37,033.20 or 25.77 months of P&I.Required P&I Reserves are $1436.66 x 12 = $17,239.92.

Client Complete

430367085

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Also missing underwriting form(1008)

7.17.19 - lender provided 1008

7.17.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 30.63%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 737; requires 700. CFCFS1736: Significant time at current residence - Clayton Comments:  5 years at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  9.5 years XXX. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $37,033.20 or 25.77 months of P&I.Required P&I Reserves are $1436.66 x 12 = $17,239.92.

Client Complete

430367085

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval.

7.17.19 - lender provided loan approval.

7.17.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 30.63%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 737; requires 700. CFCFS1736: Significant time at current residence - Clayton Comments:  5 years at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  9.5 years XXX. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $37,033.20 or 25.77 months of P&I.Required P&I Reserves are $1436.66 x 12 = $17,239.92.

Client Complete

430448967

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

09/13/2019  Received PCCD xx/x/x/xxxx from client.

09/13/2019 - Exception satisfied.

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job of 6 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  763 credit score exceeds 680 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.85%  DTI is below max 49%.

Complete

430448967

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.28.19 Updated value received, appraised value supported.

08.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job of 6 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  763 credit score exceeds 680 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.85%  DTI is below max 49%.

Complete

430448969

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 57.59% is below the max LTV of 65% CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been in current residence for 15 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 36 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $207,763.30 or 48.79 months of P&I Required P&I Reserves are $4,258.42 x 6 months P&I are $25,550.52 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 33.64%; Max is 49%.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

A

B

A

CMPTRID4239

TRID - CD: The CD Calculating Cash to Close (Alternative Version) CD column total does not equal its component parts

No

CD xx/x/x/xxxx - Final CD is missing pages 3-5 of the CD; Unable to compare and confirm.

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4285

TRID - CD: The value for Loan Amount in the LE column of the CD's Calculating Cash to Close table (Alt Version) is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx - Final CD is missing pages 3-5 of the CD; Unable to compare and confirm.

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4293

TRID - CD: The Cash to Close as stated in the CD Costs at Closing section does not match the Cash to Close as stated in the CD Calculating Cash to Close section

No

CD xx/x/x/xxxx - Final CD is missing pages 3-5 of the CD; Unable to compare and confirm.

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4294

TRID - CD: The Loan Amounts as disclosed in the CD Loan Terms and CD Alternative Calculating Cash to Close sections do not match

No

CD xx/x/x/xxxx - Final CD is missing pages 3-5 of the CD; Unable to compare and confirm.

9/6/19-Lender provided a corrected PCCD 9/4/19

9/6/19-Exception satisfied

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx - Final CD is missing pages 3-5 of the CD; Unable to compare and confirm.

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx - Final CD is missing pages 3-5 of the CD; Unable to compare and confirm.

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4312

TRID - CD: The value for Total Payoffs and Payments in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx - Final CD is missing pages 3-5 of the CD; Unable to compare and confirm.

9/6/19-Lender provided a corrected PCCD 9/4/19

9/6/19-Exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Final CD is missing pages 3-5 of the CD; Unable to compare and confirm.Section: Loan Disclosures, Field: Is the Loan Disclosures section properly formatted?, Value: NoSection: Loan Calculations, Field: Is the Loan Calculations section properly formatted?, Value: No Section: Other Disclosures, Field: Is the Other Disclosures section properly formatted?, Value: NoSection: Contact Information, Field: Is the contact information section completed properly?, Value: No

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4354

TRID - CD: At least one statement or section of the form that is required by the Regulation is not contained on the form

No

CD xx/x/x/xxxx - Final CD is missing pages 3-5 of the CD; Unable to compare and confirm.Section: Other Disclosures, Field: Contract Details, Value: NoSection: Other Disclosures, Field: Tax Deductions , Value: NoSection: Other Disclosures, Field: Loan Acceptance, Value: NoSection: Other Disclosures, Field: Is the Confirm Receipt section present?, Value: NoSection: Loan Disclosures, Field: Is Assumption present?, Value: NoSection: Loan Disclosures, Field: Is Demand Feature Present?, Value: NoSection: Loan Disclosures, Field: Is Late Payment Present?, Value: No

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3950

TRID - CD: The Additional Product Feature value in the CD Loan Information section and the Negative Amortization disclosure in the CD Loan Disclosures section are not consistent

No

CD xx/x/x/xxxx - Final CD is missing pages 3-5 of the CD; Unable to compare and confirm.

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4350

TRID - CD:  At least one statement or section of the form that is required by the Regulation is not contained on the form

No

CD xx/x/x/xxxx - Final CD is missing pages 3-5 of the CD; Unable to compare and confirm.

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3124

Loan documents do not meet guideline requirements

No

Appraiser to Clarify if subject is located in a Planned Unit Development.There is a monthly HOA Statement in file stating HOA is $35 a month

9.10.19 - lender responded prelim title commitment information note #7 and the Title Supplement the UW conditioned for requiring the title company to verify that the subject was single family detached and not in a PUD. We directly verified with title that the subject property is not a PUD despite the HOA dues. There are no CC&Rs incorporating the subject into a planned development.

9.10.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430497136

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation to support appraised value.

09.06.19 Updated value received, appraised value supported.

09.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,846.98 or 10.04 months of P&IRequired P&I Reserves are $3,967.50 x 6 = $23,805.00 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 8 years.

Complete

430367087

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 64.60%; Max is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  766 credit score exceeds minimum of 650 per guidelines with a 64.60% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.80%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves (6 * $1,987.38 = $11,924.28). B1 has a total of $22,833.78 or 11.49 months P & I.

Client Complete

430448970

XXXXXX

NV

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Per the Lender's 1008 the borrower has $1,102.31 in additional debt that does not show anywhere. Please provide additional documentation for the debtXXX Total Debt is $9,247.48, Lender Total Debt is $10,349.79 a difference of $1,102.31

8.27.19 - Received Corrected 1008

8.27.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 6.75 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  697 Fico exceeds 680 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  30.83% DTI is below max of 49%

Complete

430448970

XXXXXX

NV

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.26.19 Updated value received, appraised value supported.

08.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 6.75 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  697 Fico exceeds 680 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  30.83% DTI is below max of 49%

Complete

430448972

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation..

08.29.19 Updated value received, appraised value supported.

08.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.82 is less than 49% required.. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 63.89 is less than required of 75%

Complete

430497137

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

9.10.19 Received pccd from client.

9.10.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 814 exceed required of 640 with a 48.13% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 48.13% is less than guideline requirements of 80% with a 814 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $50,415.19 or 29.19 months P&I Required P&I reserves are $1727.38x6=$10,364.28 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.85%.

Complete

430497137

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

9.19.19 Received pccd from client.

9.19.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 814 exceed required of 640 with a 48.13% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 48.13% is less than guideline requirements of 80% with a 814 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $50,415.19 or 29.19 months P&I Required P&I reserves are $1727.38x6=$10,364.28 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.85%.

Complete

430497137

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 814 exceed required of 640 with a 48.13% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 48.13% is less than guideline requirements of 80% with a 814 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $50,415.19 or 29.19 months P&I Required P&I reserves are $1727.38x6=$10,364.28 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.85%.

Complete

430448973

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

A

B

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Numeric Non Material Error: Seller paid fees per CD issued CD xx/x/x/xxxx do not match seller CD issued xx/xx/xxxx the following fees on the seller CD are missing from CD in the loan cost section: Title-E-Recording fee $7.00, Title Escrow fee $42500, Title-State of Texas Guaranty fee $2.00 and Title-Tax Certificate fee $79.80.

(No Data)

08.15.2019 - Fees are disclosed on Seller CD.  Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  746 credit score exceeds minimum of 700 per guidelines with a 79.59%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 31.77%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $46,695.31 or 41.60 months of P&IRequired P&I Reserves are $1,122.53 x 12 = $13,470.36

Complete

430448973

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Numeric Non Material Error: Seller paid fees per CD issued CD: xx/xx/xxxx do not match seller CD issued xx/xx/xxxx the following fees on seller CD are missing from CD in the other cost section: Admin fee $350.00, and Title-Doc Prep fee $125.00.

(No Data)

08.15.2019 - Fees are disclosed on Seller CD.  Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  746 credit score exceeds minimum of 700 per guidelines with a 79.59%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 31.77%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $46,695.31 or 41.60 months of P&IRequired P&I Reserves are $1,122.53 x 12 = $13,470.36

Complete

430448975

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

Zero tolerance fee, Appraisal - 1004 of $165, was added prior to closing without a valid reason or not timely disclosed.

8.12.19 Received COC from client.

8.12.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650.  Borrower's qualifying score is 756. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV 62.26%.

Complete

430448975

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.07.19 Updated value received, appraised value supported.

08.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650.  Borrower's qualifying score is 756. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV 62.26%.

Complete

430448976

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Compliance

County High Cost

Satisfied

C

A

C

A

CMPCHC347

ILCK High-Cost Loan by exceeding point and fee threshold,

No

Threshold Calculation  Adjusted Charges $xxxx Total Loan Amount $XXX Maximum Charges % 5.000% Maximum Charges $xxxx Charges Margin to Threshold $xxxx Total Charges % 5.352% Exceeds fees test threshold? Yes

8.26.19 Received loan detail report from client, it appears there is a $500 Attorney fee that is being excluded by the Lender, however in order to exclude borrower must be provided choice of attorney, and disclosure provided. File is missing disclosure.9.10.19 Received rebuttal loe from client

9.10.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 75% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 745 exceeds the minimum  fico of 640

Complete

430448976

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.27.19 Updated value received, appraised value supported.

08.27.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 75% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 745 exceeds the minimum  fico of 640

Complete

430497138

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 54.17%; maximum LTV is 65% with a 674 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 674; requires 650 with an LTV of 54.17%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  14 years XXX. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $193,614.58 or 46.51 months of P&I.Required P&I Reserves are $4,162.02 x 6 = $24,972.12.

Complete

430448977

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.22.19 Updated value received, appraised value supported.

08.22.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 59.58%, maximum allowed is 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 737, minimum  allowed is 650 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's required P&I Reserves are 6 months.Verified 18.81 months of P&I Reserves.

Complete

430448978

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Homeowner's Insurance Premium ( mo.) missing # of months covered by value entered.

8.26.19 Received PCCD from client

8.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 737, minimum allowed is 640 with a 53.80% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 53.80% maximum allowed is 80% LTV with a 737 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $69,383.98 or 15.61 months of P&IRequired P&I Reserves are $4,4437.57 x 6 = $26,625.42

Complete

430448978

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.22.19 Updated value received, appraised value supported.

08.22.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 737, minimum allowed is 640 with a 53.80% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 53.80% maximum allowed is 80% LTV with a 737 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $69,383.98 or 15.61 months of P&IRequired P&I Reserves are $4,4437.57 x 6 = $26,625.42

Complete

430448979

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Compliance

Documentation

Satisfied

D

A

D

A

CMPDOC225

Missing Rider

No

Missing the Fixed Interest rate rider to the mortgage.

8.23.19 Received Fixed Interest Rate Rider

8.23.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 686, minimum allowed is 640 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $14,914.82 or 11.28 months of PITIRequired PITI Reserves are $1,322.49 x 3 = $3,967.47

Complete

430448979

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4282

TRID - CD: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

8.26.19 Received PCCD from client.

8.26.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 686, minimum allowed is 640 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $14,914.82 or 11.28 months of PITIRequired PITI Reserves are $1,322.49 x 3 = $3,967.47

Complete

430448979

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4283

TRID - CD: The value for Deposit in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Deposit in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($-xxxx).

8.26.19 Received PCCD from client.

8.26.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 686, minimum allowed is 640 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $14,914.82 or 11.28 months of PITIRequired PITI Reserves are $1,322.49 x 3 = $3,967.47

Complete

430448979

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

8.26.19 Received PCCD from client.

8.26.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 686, minimum allowed is 640 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $14,914.82 or 11.28 months of PITIRequired PITI Reserves are $1,322.49 x 3 = $3,967.47

Complete

430448979

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

8.26.19 Received PCCD from client.

8.26.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 686, minimum allowed is 640 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $14,914.82 or 11.28 months of PITIRequired PITI Reserves are $1,322.49 x 3 = $3,967.47

Complete

430448979

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC2488

Verbal verification of employment missing

No

Missing Verbal Verification for borrower's new Job. Verbal in file is for previous employment.

8.27.19 Received Verbal Verification

8.27.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 686, minimum allowed is 640 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $14,914.82 or 11.28 months of PITIRequired PITI Reserves are $1,322.49 x 3 = $3,967.47

Complete

430448984

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.27.19 Updated value received, appraised value supported.

08.27.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a 777 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  777 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 20.79%; Max is 49%.

Complete

430497139

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation to support appraised value.

09.12.19 Updated value received, appraised value supported.

09.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 70%. Loan LTV is at 38.54%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $38,439.64 or 26.46 months of P&IRequired P&I Reserves are $1,124.08 x 6 = $6,744.48 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 16.5 years.

Complete

430448985

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

CD xx/x/x/xxxx - Zero tolerance fee, 1004d Appraisal Re Inspection, increased by $90.00 at closing without a valid reason or not timely disclosed. There are only two CDs in the file, issued on xx/xx/xxxx & xx/xx/xxxx.

8.27.19 Received COC and CD from client.

8.27.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 668 exceeds the minimum  fico of 640 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 14 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $38,373.36 or 35.27 months of PITIA reserves.Required PITIA Reserves are $1,087.92 x 3 months  PITIA are $3,263.76

Complete

430448985

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.28.19 Updated value received, appraised value supported.

08.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 668 exceeds the minimum  fico of 640 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 14 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $38,373.36 or 35.27 months of PITIA reserves.Required PITIA Reserves are $1,087.92 x 3 months  PITIA are $3,263.76

Complete

430531423

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Non-numerical error: The disbursement date is XXX per the final CD xx/x/x/xxxx. The ROR expires midnight xx/xx/xxxx which is before the disbursement date of XXX

10.2.19 Received PCCD from client.

10.2.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $101,307.67 or 22.18 months of P&IRequired P&I Reserves are $4,568.52 x 6 = $27,411.12 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 62.22%, maximum allowed is 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 23.59 / 37.76%, maximum allowed is 49% DTI

Complete

430531423

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Non-numerical error: The disbursement date is XXX per the final CD xx/x/x/xxxx. The ROR end of statutory rescission period expires midnight xx/xx/xxxx which is before the disbursement date of XXX.

10.2.19 Received PCCD from client.

10.2.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $101,307.67 or 22.18 months of P&IRequired P&I Reserves are $4,568.52 x 6 = $27,411.12 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 62.22%, maximum allowed is 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 23.59 / 37.76%, maximum allowed is 49% DTI

Complete

430531423

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $101,307.67 or 22.18 months of P&IRequired P&I Reserves are $4,568.52 x 6 = $27,411.12 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 62.22%, maximum allowed is 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 23.59 / 37.76%, maximum allowed is 49% DTI

Complete

430531424

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

9.19.19 Received PCCD from client.

9.19.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 13.5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  723 Fico exceeds 700 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  26.44% DTI is below max of 49%

Complete

430448986

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Texas Home Equity

Satisfied

C

B

C

B

CMPTXHE119

Texas Equity - Affidavit of Fair Market Value not signed by lender

No

Texas Equity - Affidavit of Fair Market Value not signed by lender.

9.3.19 Received FMV affidavit from client.

9.3.19 exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  697 credit score exceeds minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.69% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $25,404.61 or 27.71 months of reserves.Required P&I Reserves are $916.73 x 6 = $5500.38.

Complete

430448986

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  697 credit score exceeds minimum of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.69% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $25,404.61 or 27.71 months of reserves.Required P&I Reserves are $916.73 x 6 = $5500.38.

Complete

430448987

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8.26.19 Received PCCD from client.

8.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 737 exceed required of 700 with an 80% LTV.

Complete

430448988

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Property detail report located in file for XXX shows borrower as owner and held by XXX private mortgage. Missing PITI for this property.

9.25.19 - Mortgage Satisfied / XXX property is vacant land tax information provided and included in DTI

9.25.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 7 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  746 Credit score exceeds 680 Fico.

Complete

430448988

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 7 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  746 Credit score exceeds 680 Fico.

Complete

430497140

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

New loan obtained for borrower's primary residence; XXX, however, documentation of new loan and taxes and insurance for primary residence not in file.

9.16.19 - Received Verification of PITI

9.16.19 - Exception Satisifed

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 690.  Borrowers' qualifying score is 747. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 70%.  Actual LTV is 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required reserves of 6 months P&I, borrower has 69 months of P&I.

Complete

430497140

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Approval letter not found in file.

9.16.19 - Received copy of Approval Letter

9.16.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 690.  Borrowers' qualifying score is 747. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 70%.  Actual LTV is 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required reserves of 6 months P&I, borrower has 69 months of P&I.

Complete

430497140

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 690.  Borrowers' qualifying score is 747. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 70%.  Actual LTV is 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required reserves of 6 months P&I, borrower has 69 months of P&I.

Complete

430448989

XXXXXX

FL

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.19.19 Updated value received, appraised value supported.

08.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 755 exceeds required of 700 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60% is less than required of 80%

Complete

430497141

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing Seller CD and other documentation of seller paid fees outside.

9.12.19 Received seller cd from client.

9.12.19 Exception satisfied

Not Applicable

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 33.11%; Max is 43%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $20,225.66 or 10.02 months of PITI.Required PITI Reserves are $2,018.03 x 3 = $6,054.09. CFCFS1736: Significant time at current residence - Clayton Comments:  7 years in current residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 792; requires 640.

Complete

430497141

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 33.11%; Max is 43%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $20,225.66 or 10.02 months of PITI.Required PITI Reserves are $2,018.03 x 3 = $6,054.09. CFCFS1736: Significant time at current residence - Clayton Comments:  7 years in current residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 792; requires 640.

Complete

430448990

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3658

TRID - Corrected CD should have been provided; APR is greater than APR 3 business days prior to closing by more than allowable tolerance

No

Numeric material error per final CD issued xx/xx/xxxx; Section: Loan Calculations, Annual Percentage Rate (APR), Value of 6.199% is greater than revised CD issued 07/30/2019, Section: Loan Calculations, Annual Percentage Rate (APR), Value of 5.903.

8.26.19 Received PCCD from client.

8.26.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  745 credit score. Minimum required is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  35.73% DTI is below maximum of 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been on job 2 years and in profession 5 years.

Complete

430448991

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.28.19 Updated value received, appraised value supported.

08.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrowers LTV is 59.63% maximum allowed is 70% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower Post Close Assets are $400,228.2 or 169.85 months of P&I ReservesRequired P&I Reserves are $2,356.32 x 6 = $14,137.92 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 685, minimum allowed for 60% LTV is 650

Complete

430531426

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Credit/Mtg History

Satisfied

C

A

C

A

CRDCRMH1805

Debts/obligations not disclosed/accounted for at origination

No

Provide documentation to address satisfaction of the lien or dissolution of the debt to XXX. Debt appears as a lien in the title report as well as a debt for $205 monthly on the credit report with no documentation of satisfaction provided in the file.

10.3.19 Received recorded documentation Solar Agreement is not a lien position lien.

10.3.19 - Exception Satsified

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 53.33 is below the guideline max allowable of 65.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 689 is higher than the required minimum of 660. CFCFS1739: Postive mortgage payment history - Clayton Comments:  Mortgage payment history 0x30 for 35 months reviewed.

Complete

430531426

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.24.19 Updated value received, appraised value supported.

09.24.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 53.33 is below the guideline max allowable of 65.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 689 is higher than the required minimum of 660. CFCFS1739: Postive mortgage payment history - Clayton Comments:  Mortgage payment history 0x30 for 35 months reviewed.

Complete

430531427

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 42.63 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 800 Guidelines allow 720

Complete

430448992

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of XXX on the ROR.

9.4.19 Received pccd from client.

9.4.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.60% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed is 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Guidelines required 6 months P&I ReservesVerified 48.24 months of P&I Reserves

Complete

430448992

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

9.4.19 Received pccd from client.

9.4.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.60% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed is 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Guidelines required 6 months P&I ReservesVerified 48.24 months of P&I Reserves

Complete

430448992

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.60% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed is 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Guidelines required 6 months P&I ReservesVerified 48.24 months of P&I Reserves

Complete

430497143

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.18.19 Received PCCD from client.

9.18.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 32.44%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Required score is 700.  Borrower's qualifying score is 724. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $127,390.88 or 130.12 months of P&I. .Required P&I Reserves of $979.01 x 12=$11,748.12.12

Complete

430497143

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 32.44%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Required score is 700.  Borrower's qualifying score is 724. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $127,390.88 or 130.12 months of P&I. .Required P&I Reserves of $979.01 x 12=$11,748.12.12

Complete

430678892

XXXXXX

CA

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Credit/Mtg History

Satisfied

B

A

B

A

CRDCRMH3000

# of Tradelines Does Not Meet Guideline Requirements

No

Guidelines require 3 tradelines rated for at least 12 months.  Credit report shows 2 accounts with 12 month history (2 additional accounts have 11 months & 2 months).

11.5.19 Received updated Credit supplement showing non- traditional account verified for over 28 months meeting 3rd trade line

11.5.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 34.09%, maximum allowed is 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 747, minimum allowed is 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower required to have minimum of 12 months P&I Reserves.Verified 21.78 months of P&I Reserves.

Complete

430678892

XXXXXX

CA

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Borrower is a XXX Purchasing an Investment Property. Per guidelines, if borrower is living rent free, proof other party is responsible and paying housing payments is required.

11.5.19 - Received Lease of current residence showing borrower is not responsible

11.5.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 34.09%, maximum allowed is 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 747, minimum allowed is 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower required to have minimum of 12 months P&I Reserves.Verified 21.78 months of P&I Reserves.

Complete

430448993

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.23.19 Updated value received, appraised value supported.

08.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 726 exceeds the minimum FICO of 650 with an LTV of 63.42%. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at current residence for 3 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 63.42%; Max is 80% with a credit score of 726. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $55,560.53 or 34.54 months of P&IRequired P&I Reserves are $1,608.63 x 6 = $9,651.78

Complete

430448994

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC2408

Income verification does not meet guidelines

No

Per guidelines missing 2 years transcripts.

8.22.19 - lender responded The requirement of transcripts is a note under XXX borrower  and applies to XXX borrowers only due to tax returns being required. The foot note does not apply to the entire income section, it applies to the sub header its listed under, XXX Borrower:

8.22.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.58%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified reserves of $8844.12 or 6.43 months PITI; 3 months (3 * $1,374.95 = $4,124.85) required per guidelines.

Complete

430448994

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.21.19 Updated value received, appraised value supported.

08.21.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.58%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified reserves of $8844.12 or 6.43 months PITI; 3 months (3 * $1,374.95 = $4,124.85) required per guidelines.

Complete

430448995

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  774 credit score exceeds minimum of 700 with a 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 29.70%; Max is 49%.

Complete

430497144

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 34.44%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $95,942.82 or 27.63 months of PITIRequired PITI Reserves are $3,471.82 x 6 = $20,830.92 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 7 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  732 credit score exceeds minimum of 640 with a 34.44% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 38.54%; Max is 49%.

Client Complete

430448997

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

9.5.19 Received pccd from client.

9.5.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $189,674.85 or 109.31 months of P&IRequired P&I Reserves are $1,735.16 x 12 = $20,821.92 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 5 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Maximum DTI allowed per guidelines is 49%. Loan DTI is at 34.14%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  734 credit score exceeds minimum of 700 with a 80% LTV.

Complete

430448997

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.5.19 Received pccd from client.

9.5.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $189,674.85 or 109.31 months of P&IRequired P&I Reserves are $1,735.16 x 12 = $20,821.92 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 5 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Maximum DTI allowed per guidelines is 49%. Loan DTI is at 34.14%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  734 credit score exceeds minimum of 700 with a 80% LTV.

Complete

430448998

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

8/30/19-Lender provided corrected PCCD 8/29/19

8/30/19-Exception satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 15 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 17 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  31.95 months P&I exceed required of 6 months.

Complete

430448998

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR..

8/30/19-Lender provided corrected PCCD 8/29/19

8/30/19-Exception satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 15 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 17 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  31.95 months P&I exceed required of 6 months.

Complete

430448998

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Homeowner's Insurance Premium (line 01)  is missing the number of months being paid.

8/30/19-Lender provided corrected PCCD 8/29/19

8/30/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 15 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 17 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  31.95 months P&I exceed required of 6 months.

Complete

430448998

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.28.19 Updated value received, appraised value supported.

08.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 15 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 17 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  31.95 months P&I exceed required of 6 months.

Complete

430531428

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.18.19 Received PCCD from client.

9.18.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  51.35% LTV is below maximum of 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  690 credit score exceeds minimum required of 640.

Complete

430531428

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.17.19 Updated value received, appraised value supported.

09.17.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  51.35% LTV is below maximum of 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  690 credit score exceeds minimum required of 640.

Complete

430449000

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8.26.19 Received PCCD from client.

8.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  760 credit score exceeds minimum of 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $61,951.25 or 23.09 months of reserves.Required P&I Reserves are $2683.38 x 12 = $32,200.26 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 15 years

Complete

430449001

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

8.29.19 Received PCCD from client.

8.29.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 733. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 72.73%.

Complete

430449001

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

8.29.19 Received PCCD from client.

8.29.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 733. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 72.73%.

Complete

430449001

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4311

TRID - CD: The value for Adjustments and Other Credits in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Adjustments and Other Credits in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($-xxxx).

8.29.19 Received PCCD from client.

8.29.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 733. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 72.73%.

Complete

430449001

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8.29.19 Received PCCD from client.

8.29.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 733. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 72.73%.

Complete

430449001

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC3204

Income Documentation Missing

No

Missing leases for XXX and XXX.

8.27.19 Received Leases for XXX and XXX supporting a combined rent of $5,000.00

8.27.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 733. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 72.73%.

Complete

430449001

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.26.19 Updated value received, appraised value supported.

08.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 733. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 72.73%.

Complete

430497146

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.9.19 Received PCCD from client.

9.9.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 28.85%; Max is 43%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 640.  Borrower's qualifying score is 805. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for 18 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower has post-closing assets in the amount of $14,724.22 or 16.62 months PITI.Required reserves are $885.68 x 3= $2,657.04  months PITI.

Complete

430449004

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.3.19 Received PCCD from client.

9.3.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a credit score of 779. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  779 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 30.88%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $42,391.51 or 18.84 months of P&I. Required P&I Reserves are $2,250.21 x 12 = $27,002.52

Complete

430449004

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.22.19 Updated value received, appraised value supported.

08.22.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a credit score of 779. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  779 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 30.88%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $42,391.51 or 18.84 months of P&I. Required P&I Reserves are $2,250.21 x 12 = $27,002.52

Complete

430497147

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

Numeric-Tolerances error:  Zero tolerance fee, Lender Credit, decreased $xxxx from LE xx/x/x/xxxx to LE xx/x/x/xxxx without a valid reason, refund for $xxxx with a letter of explanation, post-consummation CD and proof of delivery within 60 days of the transaction date.

9.13.19 Received coc from client.

9.13.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 7 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 40.00 is below the guideline requirement of 70.00 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 27.34% is below the guideline max of 49.00%.

Complete

430497147

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 7 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 40.00 is below the guideline requirement of 70.00 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 27.34% is below the guideline max of 49.00%.

Complete

430449006

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.09.19 Updated value received, appraised value supported.

08.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 15.29% is less than required of 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  718 credit score exceeds minimum of 660.

Complete

430449008

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx-2 - Calculating Cash to Close, Total Closing Costs (J) Did this change? YES: Explanation as to why is missing.

8.26.19 Received PCCD from client.

8.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 37.51%; Max is 80% with a 702 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  702 credit score exceeds minimum of 640 with a 37.51% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $147,351.05 or 177.89 months of P&IRequired P&I Reserves are $828.31 x 6 = $4,969.86

Complete

430449008

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.22.19 Updated value received, appraised value supported.

08.22.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 37.51%; Max is 80% with a 702 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  702 credit score exceeds minimum of 640 with a 37.51% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $147,351.05 or 177.89 months of P&IRequired P&I Reserves are $828.31 x 6 = $4,969.86

Complete

430449009

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

9.4.19 Received PCCD from client.

9.4.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 751 exceed required of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is less than required of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $50,276.63 or 36.65 months P&IRequired reserves are $1371.93x6= $8,231.58

Complete

430449009

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Natural Hazard Disclosure Report fee (line 01) lists "TBD" as the payee.

9.4.19 Received PCCD from client.

9.4.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 751 exceed required of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is less than required of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $50,276.63 or 36.65 months P&IRequired reserves are $1371.93x6= $8,231.58

Complete

430449009

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric non-material error CD issued xx/xx/xxxx Other Costs, Section E Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.4.19 Received PCCD from client.

9.4.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 751 exceed required of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is less than required of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $50,276.63 or 36.65 months P&IRequired reserves are $1371.93x6= $8,231.58

Complete

430449009

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation..

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 751 exceed required of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is less than required of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $50,276.63 or 36.65 months P&IRequired reserves are $1371.93x6= $8,231.58

Complete

430449010

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 64.81% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 726 exceeds the minimum  FICO of 650 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years

Complete

430497148

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

B

A

D

A

A

A

D

A

B

A

D

A

A

A

Credit

Credit/Mtg History

Satisfied

B

A

B

A

CRDCRMH3000

# of Tradelines Does Not Meet Guideline Requirements

No

Guidelines require 4 open & active tradelines.  Credit shows 5 total tradelines however all are authorized user accounts and only 3 are currently open.

9.16.19 - Received Credit Report Supplement showing 5 active trades 12 months orolder

9.16.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current job for 6 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 62.43% is less than required of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Cash reserves of $29,255.04 exceed required of 3 months by guideline..

Client Complete

430497148

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

B

A

D

A

A

A

D

A

B

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current job for 6 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 62.43% is less than required of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Cash reserves of $29,255.04 exceed required of 3 months by guideline..

Client Complete

430531431

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $13,437.54 or 11.99 months of P&I; Required P&I Reserves are $1119.94x6=$6719.64 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 680; qualifying credit score is 754 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 29.80%

Complete

430531432

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

9.26.19 Received PCCd from client

9.26.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 22.61%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $290,544.52 or 84.12 months of P&IRequired P&I Reserves are $3,453.94 x 6 = $20,723.64 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 696 exceeds the minimum  FICO of  680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 14 years

Complete

430531432

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

9.26.19 Received PCCd from client

9.26.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 22.61%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $290,544.52 or 84.12 months of P&IRequired P&I Reserves are $3,453.94 x 6 = $20,723.64 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 696 exceeds the minimum  FICO of  680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 14 years

Complete

430531432

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.25.19 Updated value received, appraised value supported.

09.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 22.61%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $290,544.52 or 84.12 months of P&IRequired P&I Reserves are $3,453.94 x 6 = $20,723.64 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 696 exceeds the minimum  FICO of  680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 14 years

Complete

430449012

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

Zero tolerance fee (Appraisal Field Review Fee of $xxxx on the final CD) increased prior to closing without a valid reason or not timely disclosed. The Appraisal Field Review Fee was added on the first LE issued by the Lender without a COC on xx/xx/xxxx. The fee did not appear on the initial Broker LE xx/x/x/xxxx.

9.6.19 received coc from client

9.6.19 exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  750 credit score exceeds minimum required of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  23.28% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $92,693.56 or 49.55 months of reserves.Required P&I Reserves are $1870.65 x 12 = $22,447.80.

Complete

430497149

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of XXX on the ROR.

9.9.19 received pccd from client.

9.9.19 Exception satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 9 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 696 exceed required of 650 with a 60% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; Max is 70% for a cash out with a 696 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower post closing assets are $125,486.18 or 56.32 months P&IRequired P&I reserves are $2,227.79x6= $13,366.74

Client Complete

430497149

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

9.9.19 Received pccd from client

9.9.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 9 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 696 exceed required of 650 with a 60% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; Max is 70% for a cash out with a 696 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower post closing assets are $125,486.18 or 56.32 months P&IRequired P&I reserves are $2,227.79x6= $13,366.74

Client Complete

430497149

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation..

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 9 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 696 exceed required of 650 with a 60% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; Max is 70% for a cash out with a 696 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower post closing assets are $125,486.18 or 56.32 months P&IRequired P&I reserves are $2,227.79x6= $13,366.74

Client Complete

430449013

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Legal Documents

Satisfied

D

A

D

A

CRDLGL100

Legal document incorrect or incomplete

No

Mortgage is missing notary date.

8.30.19 Received Recorded copy with Notary Date

8.30.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.25% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  720 credit score exceeds minimum required of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $28,676.69 or 19.10 months of reserves.Required P&I Reserves are $1501.39 x 12 = $18,016.68.

Complete

430449014

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8.26.19 Received PCCD from client.

8.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  732 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.36%; Max is 49%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 144 months mortgage history per credit report; 12 months required.

Complete

430449014

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID4362

TRID - CD: At least one section contains a disclosure that is not in accordance with the Regulation

No

(No Data)

(No Data)

(No Data)

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  732 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.36%; Max is 49%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 144 months mortgage history per credit report; 12 months required.

Complete

430449014

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Assets

Satisfied

A

A

A

A

CRDAST2354

Asset Verification In File is Incomplete Per Requirements

No

Missing gift letter for 60k

8.26.19 - Received Gift Letter for $60,000.00

Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  732 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.36%; Max is 49%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 144 months mortgage history per credit report; 12 months required.

Complete

430449014

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Assets

Satisfied

D

A

D

A

CRDAST2670

Asset documentation is insufficient per guideline requirements

No

Missing 60K Gift Letter.

8.26.19 - Received Gift Letter for $60,000.00

8.26.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  732 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.36%; Max is 49%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 144 months mortgage history per credit report; 12 months required.

Complete

430497150

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 763 exceeds guideline requirement of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified assets of $37,579.64 or 20.68 which exceeds the required amount of 12 months. CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been in profession for 11 years.

Complete

430449015

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

C

A

B

B

C

B

A

A

C

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.3.19 Received pccd from client.

9.3.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  735 credit score exceeds minimum of 700 with a 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.86%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $60,807.11 or 49.82 months of P&IRequired P&I Reserves are $1,214.85 x 12 = $14,578.20

Complete

430449015

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

C

A

B

B

C

B

A

A

C

A

B

B

Property Valuations

Property

Satisfied

C

A

C

A

PRVAPROP2556

Acreage exceeds property eligibility guidelines

No

Property is xx.xx acres per appraisal, which exceeds max of 10 acres per guidelines.

8.27.19 - lender responded if a loan has made it all the way through disclosures, underwriting, and Final Approval, the property is eligible. Properties >10 acres are not listed as ineligible properties. guides state pre-approval required, loan approval in file serves as approval.

8.27.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  735 credit score exceeds minimum of 700 with a 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.86%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $60,807.11 or 49.82 months of P&IRequired P&I Reserves are $1,214.85 x 12 = $14,578.20

Complete

430449016

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.6.19 received pccd from client.

9.6.19 exception satisfied

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for at least 5 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  12 months P&I is required borrower has 25.53 months of P&I verified. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 680.  Borrower's qualifying score is 739.

Complete

430449016

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.06.19 Updated value received, appraised value supported.

09.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for at least 5 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  12 months P&I is required borrower has 25.53 months of P&I verified. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 680.  Borrower's qualifying score is 739.

Complete

430497151

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of XXX on the ROR.

9.17.19 Received pccd from client.

9.17.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 64.81% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 719 exceeds the minimum  fico of 650 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 10 years

Complete

430497151

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

9.17.19 Received pccd from client.

9.17.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 64.81% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 719 exceeds the minimum  fico of 650 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 10 years

Complete

430497151

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 64.81% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 719 exceeds the minimum  fico of 650 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 10 years

Complete

430449018

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  788 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 52 months mortgage history per credit report. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.85%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $38,488.90 or 26.24 months of P&IRequired P&I Reserves are $1,467.07 x 12 = $17,604.84

Complete

430531433

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrowers Post Close Assets are $53,782.19  or 34.35 months of P&IRequired P&I Reserves are $1,565.79 x 12 = $18,765.48 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  724 qualifying score. Min required per guidelines is 700. CFCFS1739: Postive mortgage payment history - Clayton Comments:  Borrower has 21 months mortgage history on other investment property - 0x30.

Complete

430449019

XXXXXX

CA

(No Data)

ATR/QM: Exempt

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3604

TRID - Error discovered on Closing Disclosure

No

Page 3 of Closing Disclosure has different amount of Cash to Close than page 1.

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 75%. Loan LTV is at 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $176,010.87 or 53.35 months of P&IRequired P&I Reserves are $6,563.86 x 12 = $78,766.32 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 21 years.

Complete

430449021

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation..

08.28.19 Updated value received, appraised value supported.

08.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 20 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 788 exceed required of 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 62.22 is less than required of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.15%; Max is 49%.

Complete

430449022

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers Representative Score is 768, minimum allowed 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 24.85 / 41.59%, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower required to have 12 months of P&I reserves.Verified 36.45 months of P&I Reserves

Complete

430449023

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.23.19 Updated value received, appraised value supported.

08.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  746 credit score exceeds minimum of 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $35,412.48 or 23.17 months of reserves.Required P&I Reserves are $1528.20 x 12 = $18,338.40.

Complete

430497153

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

Missing final signed 1003.

9.11.19 Received  signed Final 1003

9.11.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 30.85%; Max is 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower on same job for over 11 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower at current residence for 6 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 690.  Borrower's qualifying score is 775. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $574,907.29 or  89.08 months of reserves. Required P&I Reserves are $6453.54 x 12 = $77,442.48.

Complete

430497154

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is at 60.79%; Max is 75% with a 775 credit score for a 2 unit property. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  775 credit score exceeds minimum of 670 with a 60.79% LTV for a 2 unit property. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 4.57%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $506,215.95 or 89.16 months P&IRequired P&I Reserves are $5,677.89 x  = $34,067.34

Complete

430678893

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Assets

Satisfied

D

A

D

A

CRDAST2354

Asset Verification In File is Incomplete Per Requirements

No

Guidelines allow combination of liquid assets and equity in real estate to meet the asset depletion requirement of 60 months. The equity values used for calculation are on a worksheet in the file, however the AVM's or internal valuation reports used to determine these values are not in the file.

11.10.19 Received AVM's for REO properties

11.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 45.00 is below the guideline maximum allowed of 60.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 744 exceeds guideline requirement of 640 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 32.89 is below the guideline max allowed of 55%.

Complete

430678893

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC2340

Employment verification does not meet guidelines

No

The guidelines require that the CPA letter document the duration of employment. The CPA letter makes no reference to the period that the borrower has been in business.

11.10.19 Received CPA letter

11.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 45.00 is below the guideline maximum allowed of 60.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 744 exceeds guideline requirement of 640 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 32.89 is below the guideline max allowed of 55%.

Complete

430678893

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

The file is missing a field review per guideline requirements for loan amounts >than $1mil.

11.10.19 Received Field Review

11.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 45.00 is below the guideline maximum allowed of 60.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 744 exceeds guideline requirement of 640 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 32.89 is below the guideline max allowed of 55%.

Complete

430449025

XXXXXX

UT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS2854: Significant time in profession - Clayton Comments:  BORROWER HAS BEEN IN PROFESSION FOR 7 YEARS CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO OF 760 EXCEEDS MINIMUM FICO OF 680/700

Complete

430497156

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  820 FICO exceeds 700 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.40 DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below max 70%

Complete

430497157

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 763 exceeds the minimum FICO of 660 with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 42% is below the max DTI of 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is below the max LTV of 80% with a 763 credit score.

Complete

430497158

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with the current employer for 5.5 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has occupied the subject property since 1987. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrowers post close assets are $56,339.03 or 26.64 months of P&I. Required P&I Reserves are $2114.75x6=$12,688.50.

Complete

430497158

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

Property Valuations

Property

Active

B

B

B

B

PRVAPROP111

Legal Nonconforming w/out Rebuild Letter

No

Appraiser stated the county would not allow the rebuild of a duplex on the site. Rebuild of a SFR only would be allowed.

(No Data)

9.12.19 - upon further Clayton review, exception deemed non-material due to subject used as a primary, no income used from accessory unit, legal/permissible SFR with accessory unit, subject may be rebuilt with possible alteration as assessor dwelling unit.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with the current employer for 5.5 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has occupied the subject property since 1987. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrowers post close assets are $56,339.03 or 26.64 months of P&I. Required P&I Reserves are $2114.75x6=$12,688.50.

Complete

430765373

XXXXXX

MD

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Missing RCE

(No Data)

12.4.19 - Exception Satisfied - upon further review by Sr. Underwriter Policy has Guaranteed Replacement

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 20 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $176,295.26 or 159.84 months of P&IRequired P&I Reserves are $1,102.95 x 6 = $6,617.76 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  borrower's representative score is 706, minimum allowed is 660 for 70% LTV CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 22.92 / 26.75%, maximum allowed is 49%

Complete

430765373

XXXXXX

MD

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.02.19 Updated value received, appraised value supported.

12.02.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 20 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $176,295.26 or 159.84 months of P&IRequired P&I Reserves are $1,102.95 x 6 = $6,617.76 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  borrower's representative score is 706, minimum allowed is 660 for 70% LTV CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 22.92 / 26.75%, maximum allowed is 49%

Complete

430449026

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Commission fees do not appear in the Seller-Paid column of the borrower's CD.

(No Data)

Exception can be satisfied as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  737 credit score exceeds minimum of 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $48,505.81 or 55.41 months of reserves.Required P&I Reserves are $2,164.64 x 12 = $25,975.68

Complete

430449026

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Home Warranty fee has the payee listed as "TBD".

8.27.19 Received PCCD from client.

8.27.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  737 credit score exceeds minimum of 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $48,505.81 or 55.41 months of reserves.Required P&I Reserves are $2,164.64 x 12 = $25,975.68

Complete

430709258

XXXXXX

MD

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.02.19 Updated value received, appraised value supported.

12.02.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 20 years of  significant time at current job CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  706 credit score exceeds minimum of 680 with an LTV of 67.59%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $182,652.18 or 159.69 months of P&I Required P&I Reserves are $1,143.81 x 12 = $13,725.72. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 27.67%; Max is 49%.

Complete

430531436

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of XXX on the ROR.

9/23/2019 Received PCCD from client.

9/23/2019 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650.  Borrower's qualifying score is 670. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 65%.  Actual LTV is 60%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for 20 years.

Complete

430531436

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

9/23/2019 Received PCCD from client.

9/23/2019 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650.  Borrower's qualifying score is 670. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 65%.  Actual LTV is 60%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for 20 years.

Complete

430531436

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

HOI of $xxxx is insufficient. Loan amount is xxxx, 80% of APV is $xxxx.

9.26.19 Received Insurance rebuild Estimate , supports HOI

9.26.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650.  Borrower's qualifying score is 670. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 65%.  Actual LTV is 60%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for 20 years.

Complete

430531436

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.19.19 Updated value received, appraised value supported.

09.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650.  Borrower's qualifying score is 670. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 65%.  Actual LTV is 60%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for 20 years.

Complete

430709259

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Material Error  CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.14.19 Received PCCD from client.

11.14.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.11% DTI is below max of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post assets $265,894.95 or 152.43 PITIARequired P&I $1744.35 x 12=$20,932.20

Complete

430709259

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.11.19 Updated value received, appraised value supported.

11.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.11% DTI is below max of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post assets $265,894.95 or 152.43 PITIARequired P&I $1744.35 x 12=$20,932.20

Complete

430449028

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.05.19 Updated value received, appraised value supported.

09.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrowers Post close assets are $21,905.64  or 26.44 months P&I.Required P&I reserves are $828.31 x12= $9,939.72. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 29.92% is less than guideline maximum required of 49% DTI CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 738 exceeds guidelines requirement of 680

Complete

430531437

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

The initial CD xx/x/x/xxxx and the closing CD xx/x/x/xxxx - Other Costs, Section H. Taxes and Other Govt. Fees: Recording Fee of xxxx is missing itemization for Deed/Mortgage.

9.18.19 Received PCCD from client.

9.18.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $69,614.37 or 19.78 mos P&I P&I Reserves $35,20.29 x 12 mos P&I are $42,243.48 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  787 credit score.  Minimum required is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  33.65% DTI is below maximum of 49%.

Complete

430497159

XXXXXX

OR

(No Data)

ATR/QM: Exempt

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

Credit

Assets

Active

B

B

B

B

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Assets: Borrower's Post Close Assets are $9,335.66 or 10.63 months of P&IRequired P&I Reserves are $877.75 x 12 = $10,533. Short reserves of $1,197.37

(No Data)

Upon further review by Senior Underwriter, exception deemed non-material due to 784 credit score and DTI of 12.10%.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 700; qualifying credit score is 784 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 12.10% CFCFS2854: Significant time in profession - Clayton Comments:  B1 has been XXX for 5 years

Complete

430449030

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of XXX on the ROR.

8.29.19 Received pccd from client

8.29.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 717, minimum allowed for 65% LTV is 650 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 62.73%, maximum allowed is 80% LTV CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at subject for the past 24 years.

Complete

430449030

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

8.29.19 Received pccd from client

8.29.19 exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 717, minimum allowed for 65% LTV is 650 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 62.73%, maximum allowed is 80% LTV CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at subject for the past 24 years.

Complete

430449030

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Assets: Borrower's Post Close Assets are $13,403.69 or 5.24 months of P&I.Required P&I Reserves are $2,556.08 x 6 months = $15,336.48Borrower is Short $1,932.79 in verified reserve assets.

8.30.19 Received PCCD which satisfied the Asset Reserves.

8.30.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 717, minimum allowed for 65% LTV is 650 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 62.73%, maximum allowed is 80% LTV CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at subject for the past 24 years.

Complete

430449030

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.29.19 Updated value received, appraised value supported.

08.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 717, minimum allowed for 65% LTV is 650 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 62.73%, maximum allowed is 80% LTV CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at subject for the past 24 years.

Complete

430449032

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

8/23/19-Lender provided corrected PCCD 8/20/19

8/23/19-Exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.74% DTI is below max 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 784 exceeded the minimum  fico of 700

Complete

430449032

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8/23/19-Lender provided corrected PCCD 8/20/19

8/23/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.74% DTI is below max 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 784 exceeded the minimum  fico of 700

Complete

430449032

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Credit

Assets

Active

B

B

B

B

CRDAST115

Cash reserves do not meet guidelines

No

Reserves are insufficient by $851.52. Borrower's Post Close Assets are $54,746.40 or 11.82 months of P&I.  Required P&I  Reserves are $4633.16 x 12 months P&I are $55,597.92.

(No Data)

Upon further review by Senior Underwriter, exception deemed non-material due to 784 credit score.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.74% DTI is below max 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 784 exceeded the minimum  fico of 700

Complete

430449033

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at current job for 9 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's post close assets are $112,035.98 or 32.65 months P&IRequired reserves are $3430.91x12= $41,170.92 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 34.65% is less than required of 49%

Complete

430449035

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.05.19 Updated value received, appraised value supported.

09.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed for 75% LTV is 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 13.89 / 37.78, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required P&I reserves are 12 months for LTV's over 70%Verified 40.43 months of P&I resrves

Complete

430449036

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Home Warranty - Optional fee & Natural Hazard Disclosure Report both list "TBD" as the payees.

9.9.19 Received pccd from client.

9.9.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 748 exceeds the minimum  fico of 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 75% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years

Complete

430449036

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.9.19 Received pccd from client.

9.9.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 748 exceeds the minimum  fico of 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 75% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years

Complete

430449036

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.29.19 Updated value received, appraised value supported.

08.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 748 exceeds the minimum  fico of 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 75% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years

Complete

430449037

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.27.19 Updated value received, appraised value supported.

08.27.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 61.31% is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  678 credit score exceeds minimum of 650. CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.96% DTI is below maximum of 49%.

Complete

430449038

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-numerical error: The initial CD xx/x/x/xxxx - Other Costs, Section H. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage. The closing CD xx/x/x/xxxx - Other Costs, Section H. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/6/19-Lender provided corrected PCCD 8/30/19

9/6/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  688 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 75% with a 688 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $97,258.36 or 16.75 months of P&IRequired P&I Reserves are $5,805.56 x 6 = $34,833.36

Complete

430497161

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  769 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.07%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $23,120.39 or 17.34 months of P&IRequired P&I Reserves are $1,333.18 x 12 = $15,998.16

Complete

430497162

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 67.42 is below the guideline max allowable of 80.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 748 exceeds requirement of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified assets of $83,021.29 exceed guideline requirements of $18,979.38.

Complete

430449039

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-material numeric error: Final CD xx/xx/xxxx Calculating Cash to Close: Total Closing Costs (J) value of  $xxxx oes not equal LE issued xx/xx/xxxx Calculating Cash to Close: Total Closing Cost (J) value of $xxxx. Can be corrected with subsequent CD within 60 days of the transaction date.

9.3.19 Received PCCD from client.

9.3.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Representative score is 813, minimum allowed is 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 15 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required P&I Reserves are 12 months of P&IVerified P&I Reserves are 40.43 months of P&I

Complete

430449039

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-material numeric error per Final CD xx/xx/xxxx Section Calculating cash to close - Loan Estimate value of $xxx does not match LE issued LE  xx/xx/xxxx section Calculating cash to close, estimated cash to close value of $xxxx Can be corrected with subsequent CD within 60 days of the transaction date.

9.3.19 Received PCCD from client.

9.3.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Representative score is 813, minimum allowed is 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 15 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required P&I Reserves are 12 months of P&IVerified P&I Reserves are 40.43 months of P&I

Complete

430449040

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Application

Satisfied

D

A

D

A

CRDAPP3822

Missing or incomplete documentation related to citizenship/residency

No

Borrower is a Foreign National and is missing valid VISA and I-94 per guidelines.

9.9.19 - Documentation was received.

9.9.198 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 8.37%; Max is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 70%. Loan LTV is at 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $91,863.89 or 46.36 months of P&I Required P&I Reserves are $1,981.49 x 6 = $11,906.94 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for over 19 years.

Client Complete

430449040

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.06.19 Updated value received, appraised value supported.

09.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 8.37%; Max is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 70%. Loan LTV is at 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $91,863.89 or 46.36 months of P&I Required P&I Reserves are $1,981.49 x 6 = $11,906.94 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for over 19 years.

Client Complete

430531440

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 52.01% Guidelines allow 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 39.24%, Guidelines allow 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 753, Guidelines allow 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $34,431.64 or 17.64 months of reserves.Required P&I Reserves are $1951.50 x 6 = $11,709.

Complete

430531441

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at residence for 13 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 7 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  11.69% DTI is below max 49%

Complete

430531442

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.98% LTV is below maximum of 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 13.31 is below the guideline requirement of 43.00. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  The borrower has been with his current employer for 5 years.

Complete

430709260

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-material Numeric Error CD xx/x/x/xxxx: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table ($-xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($-xxxx). There is only one LE in file. There is a XXX eSign Certificate dated xx/xx/xxxx on page 247 of the file.

11.11.19 Received pccd from client, however final LE remains missing. Provide final LE.11.13.19 Received final le from client

11.13.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 55.00 is below the guideline allowable max of 65. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 678 exceeds the guideline requirement of 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $18,242.57 or 21.70 months of P&I.   Required P&I Reserves are $840.66 x 6 months=$5043.96

Complete

430709260

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-material Numeric Error: CD xx/x/x/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx). There is only one LE in file. There is a XXX eSign Certificate dated xx/xx/xxxx on page 247 of the file.

11.11.19 Received pccd from client, however final LE remains missing. Provide final LE.11.13.19 Received final le from client

11.13.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 55.00 is below the guideline allowable max of 65. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 678 exceeds the guideline requirement of 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $18,242.57 or 21.70 months of P&I.   Required P&I Reserves are $840.66 x 6 months=$5043.96

Complete

430709260

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4312

TRID - CD: The value for Total Payoffs and Payments in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-material Numeric Error CD xx/x/x/xxxx: The value for Total Payoffs and Payments in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($0). There is only one LE in file. There is a XXX eSign Certificate dated xx/xx/xxxx on page 247 of the file.

11.11.19 Received pccd from client, however final LE remains missing. Provide final LE.11.13.19 Received final le from client

11.13.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 55.00 is below the guideline allowable max of 65. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 678 exceeds the guideline requirement of 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $18,242.57 or 21.70 months of P&I.   Required P&I Reserves are $840.66 x 6 months=$5043.96

Complete

430709260

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.11.19 Updated value received, appraised value supported.

11.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 55.00 is below the guideline allowable max of 65. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 678 exceeds the guideline requirement of 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $18,242.57 or 21.70 months of P&I.   Required P&I Reserves are $840.66 x 6 months=$5043.96

Complete

430497164

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.9.19 Received PCCD from client

9.9.19 Exception satisfied

Hybrid

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been a XXX for 13.8 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 62.71%. Guideline maximum is 80%. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has occupied the subject property for 14 years.

Complete

430497164

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been a XXX for 13.8 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 62.71%. Guideline maximum is 80%. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has occupied the subject property for 14 years.

Complete

430531444

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non numeric error per final CD xx/x/x/xxxx Other Costs, Section H. Taxes and Other Govt. Fees: Recording Fee of is missing itemization for Deed/Mortgage.

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 794; minimum required score is 720. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 26.87%; max allowable is 49%.

Complete

430531444

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing CDA to support the original appraised value of $xxxx.

09.25.19 Updated value received, appraised value supported.

09.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 794; minimum required score is 720. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 26.87%; max allowable is 49%.

Complete

430531444

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR175

Missing Review Appraisal required per guidelines

No

Per Guidelines dated 8.21.19 , Field Reviews required on LTV's over 75% LTV. Borrower's LTV is 80%

10.08.2019 - Revised second appraisal provided with signature date xx/xx/xxxx.

10.08.2019 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 794; minimum required score is 720. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 26.87%; max allowable is 49%.

Complete

430668581

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.28.19 Updated value received, appraised value supported.

10.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60% is below the max LTV of 65% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 8 years CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at current residence for 12 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post  Close Assets of $57,740.27 or 123.83 months P&I P&I Reserves $466.28 x 6 months P&I are $2,797.68 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 27.99%; Max is 49%.

Complete

430497166

XXXXXX

PA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.99% LTV is below maximum of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  674 credit score exceeds minimum required of 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $130,443.47 or 64.48 months of reserves. Required P&I Reserves are $2,023.03 x 6 = $12,138.18.

Complete

430449042

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.28.19 Updated value received, appraised value supported.

08.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job 8.17 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  736 Fico exceeds 680 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%.

Complete

430449043

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Pest Inspection & Termite Clearance fees (line 03 & 06) identifies the payees as "TBD".

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 806; requires 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; maximum LTV is 80%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  5 years at current job.

Complete

430449043

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 806; requires 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; maximum LTV is 80%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  5 years at current job.

Complete

430449043

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 806; requires 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; maximum LTV is 80%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  5 years at current job.

Complete

430497167

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.25.19 Received PCCD from client.

9.25.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $157,962.78 or 40.57 months of P&I.Required P&I Reserves are $3,893.54 x 12 = $46,722.48. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 769; requires 720. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  3 years XXX.

Complete

430497167

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

9.25.19 Received PCCD from client.

9.25.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $157,962.78 or 40.57 months of P&I.Required P&I Reserves are $3,893.54 x 12 = $46,722.48. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 769; requires 720. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  3 years XXX.

Complete

430449044

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

State Consumer Protection

Active

B

B

B

B

CMPSTCP2129

MD Counseling Notice not in file

No

MD Counseling Notice not in file.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  Borrower with current employer for the past 5 1/2 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 781, minimum allowed for 70% LTV is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 33.88 / 34.88%, maximum DTI is 49%

Complete

430449044

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  Borrower with current employer for the past 5 1/2 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 781, minimum allowed for 70% LTV is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 33.88 / 34.88%, maximum DTI is 49%

Complete

430449046

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8.26.19 Received PCCD from client.

8.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 44.11%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  759 credit score exceeds minimum of 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 3 years and in profession 10 years.

Complete

430449047

XXXXXX

UT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Other Costs, Sectio H. Other: Missing the Real Estate Commissions paid by seller from the CD. The Seller CD is missing from file.

8.16.19 Received seller CD from client.

8.16.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  773 credit score exceeds minimum of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  29.78% DTI is below maximum of 49%.

Complete

430449047

XXXXXX

UT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

8.16.19 Received seller Cd from  client.

8.16.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  773 credit score exceeds minimum of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  29.78% DTI is below maximum of 49%.

Complete

430449047

XXXXXX

UT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.16.19 Updated value received, appraised value supported.

08.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  773 credit score exceeds minimum of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  29.78% DTI is below maximum of 49%.

Complete

430497168

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  763 credit score exceeds minimum of 700 with an LTV of 80%.

Complete

430497168

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Credit

Credit/Mtg History

Active

B

B

B

B

CRDCRMH3000

# of Tradelines Does Not Meet Guideline Requirements

No

Guidelines require 3 Trade lines with 12 months rating (may be open or closed). Borrower has two trade lines with a 12 months rating and one cannot be used due to authorized user. Credit report trade line that list a borrower as an authorized user cannot be considered in the minimum trade lines requirement.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  763 credit score exceeds minimum of 700 with an LTV of 80%.

Complete

430531445

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Missing verification of HOI for XXX.

9.18.19 - Received info XXX has been sold see CD in file

9.18.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680. Borrower's qualifying score is 704. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  3 months of P&I is required for reserves; borrower has 14 months of P&I.

Complete

430531445

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.17.19 Updated value received, appraised value supported.

09.17.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680. Borrower's qualifying score is 704. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  3 months of P&I is required for reserves; borrower has 14 months of P&I.

Complete

430678894

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided in subject property for 14 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 708 exceeds the minimum fico of 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $127,290.39  or 79.08 mos P&I. Required P&I Reserves are $1609.68 x 6 mos P&I = $9,658.08. CFCFS1744: DTI below guideline requirement - Clayton Comments:  29.79% DTI is below maximum of 49%

Complete

430678894

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

FEMA

Satisfied

B

A

B

A

PRVAFEMA856

Natural Disaster Area, no subsequent inspection (Public)

No

No subsequent inspection after xx/xx/xxxx natural disaster hurricane XXX.

11.9.19 Received DIR stating No Damage

11.9.19 Exception Satisfies

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided in subject property for 14 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 708 exceeds the minimum fico of 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $127,290.39  or 79.08 mos P&I. Required P&I Reserves are $1609.68 x 6 mos P&I = $9,658.08. CFCFS1744: DTI below guideline requirement - Clayton Comments:  29.79% DTI is below maximum of 49%

Complete

430449048

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD..

9/6/19-Lender provided corrected PCCD 9/4/19

9/6/19-Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  808 credit score exceeds minimum required of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.12% DTI is below maximum of 49%. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  Co-borrower has been on job 5.5 years

Complete

430449048

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/6/19-Lender provided a corrected PCCD 9/4/19

9/6/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  808 credit score exceeds minimum required of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.12% DTI is below maximum of 49%. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  Co-borrower has been on job 5.5 years

Complete

430449049

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Pest Inspection Fee (line 03) lists "TBD" as the payee.

9/9/19-Lender provided corrected PCCD 8/30/19

9/9/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 70%.  Actual LTV is 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $26,553.12 or 8.17 months P&I. 6 months required. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in current profession for 10 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.83% DTI is below maximum of 49%.

Complete

430449049

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 70%.  Actual LTV is 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $26,553.12 or 8.17 months P&I. 6 months required. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in current profession for 10 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.83% DTI is below maximum of 49%.

Complete

430449050

XXXXXX

CA

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Post close assets of $28,343.73 or 11.59 months P&I. Required P&I is $2,445.39 x 12= $29,344.68

9.9.19 Rec'd PCCD Asset Reserve met

9.9.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 Fico exceeds mid score of 700 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 6 years

Complete

430449050

XXXXXX

CA

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

DTI

Satisfied

C

A

C

A

CRDDTI187

Debt Ratio > 50%

No

55.01% DTI exceeds max DTI of 49%.

9.10.19 - Received documentation Rental Income was used from subject.

9.10.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 Fico exceeds mid score of 700 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 6 years

Complete

430449050

XXXXXX

CA

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Missing Rent Comparable Schedule or Operating Income Statement from Appraisal

9.10.19 - Rent Comparable schedule in file supporting Market rents of $2,300.00

9.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 Fico exceeds mid score of 700 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 6 years

Complete

430497169

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

A

B

A

CMPTRID4242

TRID - CD: The Paid Already by or on Behalf of Borrower at Closing amount disclosed in the CD Summary of Transactions section does not equal its component parts

No

CD xx/x/x/xxxx - Section Summaries of Transactions, Field: L. Paid Already by or on Behalf of Borrower at Closing has a value of xxxx. This does not match what was calculated that has a value of xxxx. Missing Itemization for xxxx on the closing CD xx/x/x/xxxx section L. Deposit xxxx)+ loan amt (xxx)+Seller Cred (xxxx)+ other cred (xxxx) + county taxes (xxxx) = xxxx

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 34.11% is below the max dti of 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 776 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Client Complete

430497169

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4289

TRID - CD: The difference between the adjustments and credits per sections K and L does not equal the Adjustments and Other Credits in the Calculating Costs to Close section

No

Numeric Non- Material Error - The closing CD xx/x/x/xxxx Section Summaries of Transactions, Message: Adjustments and Other Credits Calculation is a value of $xxxx. This does not match section Calculating Cash to Close, Field: Adjustments and Other Credits that has a value of xxxx. Missing Itemization for xxxx on the closing CD xx/x/x/xxxx section L. Deposit (xxxx)+ loan amt (xxxx)+Seller Cred (xxxx)+ other cred (xxxx) + county taxes (xxxx) = XXXXX.

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 34.11% is below the max dti of 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 776 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Client Complete

430497169

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.11.19 Updated value received, appraised value supported.

09.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 34.11% is below the max dti of 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 776 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Client Complete

430449052

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 640.  Borrower's qualifying score of 802. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV 59.65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  6 months of P&I required, borrower has 17 months of P&I. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for 7 years.

Complete

430449053

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

9/4/19-Lender provided corrected PCCD 9/4/19

9/4/19-Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $158,657.16 or 24.25 months of P&IRequired P&I Reserves are $6,543.61 x  12 = $78,523.32 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 75% transaction LTV is 63.47% CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 35.06%

Complete

430449053

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/4/19-Lender provided corrected PCCD 9/4/19

9/4/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $158,657.16 or 24.25 months of P&IRequired P&I Reserves are $6,543.61 x  12 = $78,523.32 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 75% transaction LTV is 63.47% CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 35.06%

Complete

430449054

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error: Final CD xx/x/x/xxxx Other Costs; Section E is missing the itemization for Deed/Mortgage.

9.3.19 Received pccd from client.

9.3.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 640.  Borrower's qualifying score is 751. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80.  Actual LTV is 53.57%.

Complete

430449054

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 640.  Borrower's qualifying score is 751. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80.  Actual LTV is 53.57%.

Complete

430531446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Federal Higher-Priced

Satisfied

C

A

C

A

CMPFDHP2061

Federal higher-priced mortgage loan; no evidence escrow account was established at closing.

No

CD at closing which states escrow account is declined.

10.3.19 Received PCCD from client, however final CD is missing from file.10.4.19 Received final CD issued xx/xx/xxxx from client.

10.4.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 60%. Loan LTV is at 10.60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Loan amount: $xxxx Closing Costs/Prepaids: $10,867.20Principal and Interest (P & I) for subject = $1,220.39Verified Assets:  $463,271.25 Investment (100% usable) = $463,271.25 $126,150.71 Investment (100% usable) = $126,150.71 $xxxx IRA (100% usable) = $xxxx $xxxx IRA (100% usable) = $xxxx $xxxx 401K (100% usable) = $xxxx Total allowable assets = $xxxx $xxxx (allowable assets) minus $xxxx (loan amount + closing costs/prepaids) = $xxxx residual assets Total of future housing payments (PITIA) = $xxxx $xxxx X 60 months = $xxxx. $xxxx (residual assets) - $xxxx (total reserves needed) = $xxxx residual funds Borrower must maintain a DTA ratio (determines by total liabilities of the borrower divided by their total assets) of 55% or less and a positive net worth.Total of UPB - unpaid balance = $xxxx $xxxx (total liabilities, UPD) / $xxxx (residual funds) = 0.522% DTA CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 23 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 640. Borrower has credit score of 778.

Complete

430531446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

10.3.19 Received PCCD from client, however final CD is missing from file.10.4.19 Received final CD issued xx/xx/xxxx from client.

10.4.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 60%. Loan LTV is at 10.60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Loan amount: $xxxx Closing Costs/Prepaids: $10,867.20Principal and Interest (P & I) for subject = $1,220.39Verified Assets:  $463,271.25 Investment (100% usable) = $463,271.25 $126,150.71 Investment (100% usable) = $126,150.71 $xxxx IRA (100% usable) = $xxxx $xxxx IRA (100% usable) = $xxxx $xxxx 401K (100% usable) = $xxxx Total allowable assets = $xxxx $xxxx (allowable assets) minus $xxxx (loan amount + closing costs/prepaids) = $xxxx residual assets Total of future housing payments (PITIA) = $xxxx $xxxx X 60 months = $xxxx. $xxxx (residual assets) - $xxxx (total reserves needed) = $xxxx residual funds Borrower must maintain a DTA ratio (determines by total liabilities of the borrower divided by their total assets) of 55% or less and a positive net worth.Total of UPB - unpaid balance = $xxxx $xxxx (total liabilities, UPD) / $xxxx (residual funds) = 0.522% DTA CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 23 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 640. Borrower has credit score of 778.

Complete

430531446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR..

10.3.19 Received PCCD from client, however final CD is missing from file.10.4.19 Received final CD issued xx/xx/xxxx from client.

10.4.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 60%. Loan LTV is at 10.60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Loan amount: $xxxx Closing Costs/Prepaids: $10,867.20Principal and Interest (P & I) for subject = $1,220.39Verified Assets:  $463,271.25 Investment (100% usable) = $463,271.25 $126,150.71 Investment (100% usable) = $126,150.71 $xxxx IRA (100% usable) = $xxxx $xxxx IRA (100% usable) = $xxxx $xxxx 401K (100% usable) = $xxxx Total allowable assets = $xxxx $xxxx (allowable assets) minus $xxxx (loan amount + closing costs/prepaids) = $xxxx residual assets Total of future housing payments (PITIA) = $xxxx $xxxx X 60 months = $xxxx. $xxxx (residual assets) - $xxxx (total reserves needed) = $xxxx residual funds Borrower must maintain a DTA ratio (determines by total liabilities of the borrower divided by their total assets) of 55% or less and a positive net worth.Total of UPB - unpaid balance = $xxxx $xxxx (total liabilities, UPD) / $xxxx (residual funds) = 0.522% DTA CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 23 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 640. Borrower has credit score of 778.

Complete

430531446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Active

N/A

B

N/A

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Clerical error per PCCD issued xx/xx/xxxx, Loan Disclosures section, assumption indicates will not allow assumption however per arm rider and note assumption is allowed under certain conditions.

(No Data)

(No Data)

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 60%. Loan LTV is at 10.60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Loan amount: $xxxx Closing Costs/Prepaids: $10,867.20Principal and Interest (P & I) for subject = $1,220.39Verified Assets:  $463,271.25 Investment (100% usable) = $463,271.25 $126,150.71 Investment (100% usable) = $126,150.71 $xxxx IRA (100% usable) = $xxxx $xxxx IRA (100% usable) = $xxxx $xxxx 401K (100% usable) = $xxxx Total allowable assets = $xxxx $xxxx (allowable assets) minus $xxxx (loan amount + closing costs/prepaids) = $xxxx residual assets Total of future housing payments (PITIA) = $xxxx $xxxx X 60 months = $xxxx. $xxxx (residual assets) - $xxxx (total reserves needed) = $xxxx residual funds Borrower must maintain a DTA ratio (determines by total liabilities of the borrower divided by their total assets) of 55% or less and a positive net worth.Total of UPB - unpaid balance = $xxxx $xxxx (total liabilities, UPD) / $xxxx (residual funds) = 0.522% DTA CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 23 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 640. Borrower has credit score of 778.

Complete

430531446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Final CD missing from file, CD in service package is initial CD issued xx/xx/xxxx. Provide final CD.

10.4.19 Received final CD issued xx/xx/xxxx from client.

10.4.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 60%. Loan LTV is at 10.60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Loan amount: $xxxx Closing Costs/Prepaids: $10,867.20Principal and Interest (P & I) for subject = $1,220.39Verified Assets:  $463,271.25 Investment (100% usable) = $463,271.25 $126,150.71 Investment (100% usable) = $126,150.71 $xxxx IRA (100% usable) = $xxxx $xxxx IRA (100% usable) = $xxxx $xxxx 401K (100% usable) = $xxxx Total allowable assets = $xxxx $xxxx (allowable assets) minus $xxxx (loan amount + closing costs/prepaids) = $xxxx residual assets Total of future housing payments (PITIA) = $xxxx $xxxx X 60 months = $xxxx. $xxxx (residual assets) - $xxxx (total reserves needed) = $xxxx residual funds Borrower must maintain a DTA ratio (determines by total liabilities of the borrower divided by their total assets) of 55% or less and a positive net worth.Total of UPB - unpaid balance = $xxxx $xxxx (total liabilities, UPD) / $xxxx (residual funds) = 0.522% DTA CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 23 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 640. Borrower has credit score of 778.

Complete

430531446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID4290

TRID - CD: Closing Costs total has at least one inconsistent value between the Costs at Closing Table, section J and the Calculating Cash to Close Table

No

Numeric non material error per final CD issued xxxx Section: Costs At Closing, Field: Closing Costs, Value of $xxx does not match Section: Other Costs, Field: Total Closing Costs (Borrower-Paid) , Value of $xxxx

10.4.19 Received PCCD issued 10/2 from client.

10.4.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 60%. Loan LTV is at 10.60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Loan amount: $xxxx Closing Costs/Prepaids: $10,867.20Principal and Interest (P & I) for subject = $1,220.39Verified Assets:  $463,271.25 Investment (100% usable) = $463,271.25 $126,150.71 Investment (100% usable) = $126,150.71 $xxxx IRA (100% usable) = $xxxx $xxxx IRA (100% usable) = $xxxx $xxxx 401K (100% usable) = $xxxx Total allowable assets = $xxxx $xxxx (allowable assets) minus $xxxx (loan amount + closing costs/prepaids) = $xxxx residual assets Total of future housing payments (PITIA) = $xxxx $xxxx X 60 months = $xxxx. $xxxx (residual assets) - $xxxx (total reserves needed) = $xxxx residual funds Borrower must maintain a DTA ratio (determines by total liabilities of the borrower divided by their total assets) of 55% or less and a positive net worth.Total of UPB - unpaid balance = $xxxx $xxxx (total liabilities, UPD) / $xxxx (residual funds) = 0.522% DTA CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 23 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 640. Borrower has credit score of 778.

Complete

430531446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID4291

TRID - CD: The Loan Costs as stated in the CD Costs at Closing section does not match the Total Loan Costs as stated in the CD Loan Costs section

No

Non material numeric error per final CD issued xxxx Costs At Closing, Field: Loan Costs, Value of $xxx does not match Section: Loan Costs, Field: Total , Value of $xxxx

10.4.19 Received PCCD issued 10/2 from client.

10.4.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 60%. Loan LTV is at 10.60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Loan amount: $xxxx Closing Costs/Prepaids: $10,867.20Principal and Interest (P & I) for subject = $1,220.39Verified Assets:  $463,271.25 Investment (100% usable) = $463,271.25 $126,150.71 Investment (100% usable) = $126,150.71 $xxxx IRA (100% usable) = $xxxx $xxxx IRA (100% usable) = $xxxx $xxxx 401K (100% usable) = $xxxx Total allowable assets = $xxxx $xxxx (allowable assets) minus $xxxx (loan amount + closing costs/prepaids) = $xxxx residual assets Total of future housing payments (PITIA) = $xxxx $xxxx X 60 months = $xxxx. $xxxx (residual assets) - $xxxx (total reserves needed) = $xxxx residual funds Borrower must maintain a DTA ratio (determines by total liabilities of the borrower divided by their total assets) of 55% or less and a positive net worth.Total of UPB - unpaid balance = $xxxx $xxxx (total liabilities, UPD) / $xxxx (residual funds) = 0.522% DTA CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 23 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 640. Borrower has credit score of 778.

Complete

430531446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID4292

TRID - CD: The Other Costs as stated in the CD Costs at Closing section does not match the Total Other Costs as stated in the CD Other Costs section

No

Numeric non material error per final CD issued xx/xx/xxxx Section: Costs At Closing, Field: Other Costs, Value of $xxx does not match Section: Other Costs, Field: Total Other Cost (Borrower  Paid) - Total, Value of $xxx

10.4.19 Received PCCD issued 10/2 from client.

10.4.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 60%. Loan LTV is at 10.60%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Loan amount: $xxxx Closing Costs/Prepaids: $10,867.20Principal and Interest (P & I) for subject = $1,220.39Verified Assets:  $463,271.25 Investment (100% usable) = $463,271.25 $126,150.71 Investment (100% usable) = $126,150.71 $xxxx IRA (100% usable) = $xxxx $xxxx IRA (100% usable) = $xxxx $xxxx 401K (100% usable) = $xxxx Total allowable assets = $xxxx $xxxx (allowable assets) minus $xxxx (loan amount + closing costs/prepaids) = $xxxx residual assets Total of future housing payments (PITIA) = $xxxx $xxxx X 60 months = $xxxx. $xxxx (residual assets) - $xxxx (total reserves needed) = $xxxx residual funds Borrower must maintain a DTA ratio (determines by total liabilities of the borrower divided by their total assets) of 55% or less and a positive net worth.Total of UPB - unpaid balance = $xxxx $xxxx (total liabilities, UPD) / $xxxx (residual funds) = 0.522% DTA CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 23 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 640. Borrower has credit score of 778.

Complete

430449056

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  772 score exceeds 700 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  26.06 DTI is below max of 49%

Complete

430709262

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

The loan was submitted as a cash-out ,but it should  be a rate and term as the borrower took cash to closing and paid off no debt outside the original mortgage. Tape also shows file as a Cash-OutProvide corrected Tape and Loan Approval or LOE why it is a Cash-out

12.3.19 - Received corrected 1008 and Ln apprvl

12.3.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 720 exceeds the guideline requirement of 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70.00 is below the guideline max allowed of 80.00. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 37.48 is  below the guideline max of 49.00%

Complete

430709262

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

The file is missing an updated valuation.

11.25.19 Updated value received, appraised value supported.

11.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 720 exceeds the guideline requirement of 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70.00 is below the guideline max allowed of 80.00. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 37.48 is  below the guideline max of 49.00%

Complete

430531450

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Hazard insurance is insufficient as loan amount is $xxxx. Current hazard coverage is $xxxx.

9.26.19 - Received Replacement Insurance Cost

9.26.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at residence for 17 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  743 fico exceeds 700 mid score

Complete

430531450

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.19.19 Updated value received, appraised value supported.

09.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at residence for 17 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  743 fico exceeds 700 mid score

Complete

430449057

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Commissions for Borrower & Seller do not appear in the Seller-Paid column of the final CD.

(No Data)

Exception can be satisfied as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.93% LTV is below maximum of 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  691 credit score exceeds minimum required of 660. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 3 years.

Complete

430449057

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.3.19 Received PCCD from client.

9.3.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.93% LTV is below maximum of 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  691 credit score exceeds minimum required of 660. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 3 years.

Complete

430449057

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.93% LTV is below maximum of 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  691 credit score exceeds minimum required of 660. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 3 years.

Complete

430449058

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.4.19 received pccd from client.

9.4.19 exception satisfied.

Hybrid

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 8 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 726 exceed required of 700 CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Borrower has 0x30 credit history from 2011

Complete

430449059

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.9.19 Received pccd from client

9.9.19 exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.54% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  772 credit score exceeds minimum required of 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $119,253.63 or 24.99 months of P&I reserves.Required P&I Reserves are $4,772.27 x 6 = $28,633.62.

Complete

430449059

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.54% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  772 credit score exceeds minimum required of 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $119,253.63 or 24.99 months of P&I reserves.Required P&I Reserves are $4,772.27 x 6 = $28,633.62.

Complete

430449060

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Missing updated homeowners insurance for XXX. Policy in file coverage ends on 07.12.19. Subject transaction date is xx.xx.xxxx.

9.11.19 Received HOI Policy for XXX

9.11.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $179,540.29.Required reserves $5,323.02x12=$63,876.24 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 699.

Complete

430449060

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC150

Income docs do not meet guidelines

No

Missing Lease agreement for XXX.

9.9.19 - Received lease for XXX. supporting $1,650.00 rental

9.9.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $179,540.29.Required reserves $5,323.02x12=$63,876.24 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 699.

Complete

430449060

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.06.19 Updated value received, appraised value supported.

09.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $179,540.29.Required reserves $5,323.02x12=$63,876.24 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 699.

Complete

430531451

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.24.19 Updated value received, appraised value supported.

09.24.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $441,947.98 or 164.42 months of P&I(Post Assets are Less XXX Bal. $12,777.00)Required P&I Reserves are $2,687.86 x 6 = $16,127.16 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 759, minimum allowed is 720 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with employer for the past 25 years

Complete

430449061

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

8.26.19 Received PCCD from client.

8.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower post close assets are $63,840.69 or 29.40 months P&IRequired assets are $2,171.65 x 6=  $13,029.90 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at current job for 22 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 55% is less than required of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 802 exceed required of 700

Complete

430449061

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated value..

08.26.19 Updated value received, appraised value supported.

08.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower post close assets are $63,840.69 or 29.40 months P&IRequired assets are $2,171.65 x 6=  $13,029.90 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at current job for 22 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 55% is less than required of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 802 exceed required of 700

Complete

430449062

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation..

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 729 exceed required of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.11 exceed required of 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is less than required of 80%

Complete

430449063

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8/23/19-Lender provided corrected PCCD 8/22/19

8/23/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 728 exceeds required of 680 with a 75% LTV. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 5 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV; Max is 80% with a 728 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrowers post close assets are $134,963.49 or 29.62 months P&IRequired reserves are $4555.68x12= $54,668.16

Complete

430449063

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

CD xx/x/x/xxxx Loan Disclosures - Escrow Account: Non-Escrowed Property Costs over Year 1 - neither of You declined it and/or Your lender does not offer one are selected.

8/23/19-Lender provided corrected PCCD 8/22/19

8/23/19-Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 728 exceeds required of 680 with a 75% LTV. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 5 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV; Max is 80% with a 728 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrowers post close assets are $134,963.49 or 29.62 months P&IRequired reserves are $4555.68x12= $54,668.16

Complete

430449063

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.22.19 Updated value received, appraised value supported.

08.22.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 728 exceeds required of 680 with a 75% LTV. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 5 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV; Max is 80% with a 728 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrowers post close assets are $134,963.49 or 29.62 months P&IRequired reserves are $4555.68x12= $54,668.16

Complete

430497173

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.06.19 Updated value received, appraised value supported.

09.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50.88%; Max is 70% with a 791 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  791 credit score exceeds minimum of 650 with a 50.88% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 35.20%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $253,486.02 or 101.32 months of P&IRequired P&I Reserves are $2,501.81 x 6 = $15,010.86

Complete

430449064

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8.27.19 Received PCCD from client.

8.27.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV; Max is 70% with a 735 credit score and a loan  amount of $xxxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  735 credit score exceeds minimum 690 with a 65% LTV and a loan amount of $xxxx. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 38.76%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $197,518.77or 19.20 months of P&I Required P&I Reserves are $10,278.40 x 12 = $123,340.80

Complete

430449064

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

8.27.19 Received PCCD from client.

8.27.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV; Max is 70% with a 735 credit score and a loan  amount of $xxxx. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  735 credit score exceeds minimum 690 with a 65% LTV and a loan amount of $xxxx. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 38.76%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $197,518.77or 19.20 months of P&I Required P&I Reserves are $10,278.40 x 12 = $123,340.80

Complete

430497174

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

Credit

Assets

Active

B

B

B

B

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Borrower's Post Close Assets are $27,741.47 or 11.89 months of P&IRequired P&I Reserves are $2332.28x12=$27,987.36.  Reserves are insufficient by $245.89

(No Data)

Upon further review exception is deemed non material due to Fico 763 , low LTV of 73.07%, and been at job for 7 years.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 680; qualifying credit score is 763 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 80% transaction LTV is 73.07%

Complete

430497174

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 680; qualifying credit score is 763 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 80% transaction LTV is 73.07%

Complete

430497175

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section is missing the Seller's address.

9.12.19 Received pccd from client.

9.12.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrowers at current residence for 15 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower on current job for 10 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 80%.  Actual LTV is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 700. Borrowers' qualifying score is 779. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $142,298.47 or 47.77 months of P&I.Required reserves $2,979.02x12=$35,748.24.

Client Complete

430497175

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric non-material error per final CD issued xx/xx/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.12.19 Received pccd from client.

9.12.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrowers at current residence for 15 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower on current job for 10 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 80%.  Actual LTV is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 700. Borrowers' qualifying score is 779. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $142,298.47 or 47.77 months of P&I.Required reserves $2,979.02x12=$35,748.24.

Client Complete

430497175

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3708

TRID - Curable Issue #2 related to the Closing Disclosure in file

No

Non-material numeric error: CD: xx/xx/xxxx Other Costs: Section H: "Other"  - Natural Hazard Disclosure Report and Termite Inspection listed payee as Tbd.

9.12.19 Received pccd from client.

9.12.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrowers at current residence for 15 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower on current job for 10 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 80%.  Actual LTV is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 700. Borrowers' qualifying score is 779. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $142,298.47 or 47.77 months of P&I.Required reserves $2,979.02x12=$35,748.24.

Client Complete

430497175

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.11.19 Updated value received, appraised value supported.

09.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrowers at current residence for 15 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower on current job for 10 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 80%.  Actual LTV is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 700. Borrowers' qualifying score is 779. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $142,298.47 or 47.77 months of P&I.Required reserves $2,979.02x12=$35,748.24.

Client Complete

430497176

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 767 exceeds the minimum fico of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 33.93% is below the max DTI of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 6 years

Complete

430449065

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error: Final CD xx/x/x/xxxx Other Costs; Section E is missing the itemization for Deed/Mortgage.

9.3.19 Received pccd from client

9.3.19 exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 732, minimum allowed is 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  74.94% LTV is below maximum of 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 42.85% is below maximum of 49%.

Complete

430449065

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3730

TRID - Error #2 discovered on Closing Disclosure

No

Non-Numeric Error: Final CD xx/x/x/xxxx Other Costs, Section H, Line 02; Home Warranty is missing the providers name.

9.3.19 Received PCCD from  client.

9.3.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 732, minimum allowed is 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  74.94% LTV is below maximum of 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 42.85% is below maximum of 49%.

Complete

430449065

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 732, minimum allowed is 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  74.94% LTV is below maximum of 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 42.85% is below maximum of 49%.

Complete

430668586

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

10.28.19 Updated value received, appraised value supported.

10.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 59.23%; maximum LTV is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 708; requires 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $19,677.39 or 9.13 months of P&I. CFCFS1736: Significant time at current residence - Clayton Comments:  23 years at current residence.

Complete

430497177

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section H: Other - Natural Hazard Disclosure Report identifies payee as "TBD".

9.11.19 Received pccd from client.

9.11.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 50.00 is below the guideline maximum of 70.00. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrowers post close assets are $25,401.27or 13.42 months of P&I.Required P&I reserves are $1892.92*6=$11,357.52. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's credit score of 664 exceeds the guideline requirement of 640.

Complete

430497177

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.11.19 Received pccd from client

9.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 50.00 is below the guideline maximum of 70.00. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrowers post close assets are $25,401.27or 13.42 months of P&I.Required P&I reserves are $1892.92*6=$11,357.52. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's credit score of 664 exceeds the guideline requirement of 640.

Complete

430497177

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 50.00 is below the guideline maximum of 70.00. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrowers post close assets are $25,401.27or 13.42 months of P&I.Required P&I reserves are $1892.92*6=$11,357.52. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's credit score of 664 exceeds the guideline requirement of 640.

Complete

430497178

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation..

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at current job for 5 years.. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 739 exceed required of 700 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 74.86 is less than required of 80%

Complete

430497179

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.12.19 Received pccd from client

9.12.19 exception satisfied.

Hybrid

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  5 years at current residence. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in same profession for over 5 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $58,105.92 or 19.54 months P&I.Required P&I  reserves of $2,974.53 x 12=$35,694.36.

Complete

430449066

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8/26/19-Lender provided corrected PCCD 8/22/19

8/26/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $75,789.84 or 16.20 months of P&IRequired P&I Reserves are $4678.58x12=$56,142.96 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 700; qualifying credit score is 770 CFCFS2854: Significant time in profession - Clayton Comments:  B1 has been XXX for 8 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.55%; Max is 49%.

Complete

430449066

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

8/26/19-Lender provided corrected PCCD 8/22/19 and Seller CD

8/26/19-Exception satisfied

Not Applicable

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $75,789.84 or 16.20 months of P&IRequired P&I Reserves are $4678.58x12=$56,142.96 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 700; qualifying credit score is 770 CFCFS2854: Significant time in profession - Clayton Comments:  B1 has been XXX for 8 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.55%; Max is 49%.

Complete

430449067

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Seller paid Title Fees do not appear in the Seller-Paid column of the CD in Loan Costs, Section C.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 5.33 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets $53,987.37 or 18.88 months P&IRequired P&I is  $2,860.24x 12=$34,322.88

Complete

430449067

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 5.33 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets $53,987.37 or 18.88 months P&IRequired P&I is  $2,860.24x 12=$34,322.88

Complete

430497180

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  722 credit score exceeds minimum of 700 with a 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.15%; Max is 49%.

Complete

430497181

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.11.19 Received pccd from client

9.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  10 Years at same residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrowers' qualifying score is 802. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 75%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower has post-closing assets of $114,673.49 or 30.16 months P&I .Required P&I reserves of $3,801.92 x 12=$45,623.04.

Complete

430497181

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Broker Commissions for Broker & Seller are missing from the Seller-Paid column of the CD.

9.11.19 Received pccd from client.

9.11.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  10 Years at same residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrowers' qualifying score is 802. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 75%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower has post-closing assets of $114,673.49 or 30.16 months P&I .Required P&I reserves of $3,801.92 x 12=$45,623.04.

Complete

430497181

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD is missing from file.

9.11.19 Received seller cd from client.

9.11.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  10 Years at same residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrowers' qualifying score is 802. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 75%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower has post-closing assets of $114,673.49 or 30.16 months P&I .Required P&I reserves of $3,801.92 x 12=$45,623.04.

Complete

430497181

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  10 Years at same residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrowers' qualifying score is 802. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 75%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower has post-closing assets of $114,673.49 or 30.16 months P&I .Required P&I reserves of $3,801.92 x 12=$45,623.04.

Complete

430497182

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; Max is 70% for a Foreign National. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 22.07%; Max is 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 5 years CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in same profession for 18 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $50,266.32 or 34.74 months of P&IRequired P&I Reserves are $1,446.73 x 6 = $8,680.38.

Client Complete

430497183

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.11.19 Received pccd from client.

9.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  29.82% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  752 credit score exceeds minimum required of 640. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $31,495.76 or 34.55 months of reserves. Required P&I Reserves are $911.56 x 6 = $5,469.36 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.30%; Max is 49%.

Complete

430497183

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  29.82% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  752 credit score exceeds minimum required of 640. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $31,495.76 or 34.55 months of reserves. Required P&I Reserves are $911.56 x 6 = $5,469.36 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.30%; Max is 49%.

Complete

430531453

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.19.19 Updated value received, appraised value supported.

09.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 752 exceeds the minimum  fico of 680 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 4 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Complete

430497184

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Seller paid Real Estate Commissions for Broker & Seller do not appear in the Seller-Paid column of the CD.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  785 credit score exceeds minimum of 640 with a 46.15% LTV CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 36.75% is less than guideline maximum of 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 46.15 is less than maximum guideline of 80% with a 785 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $70,870.91 or 53.73 P&IRequired P&I reserves are $1,343.93x6= $8,063.58

Complete

430497184

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.9.19 Received PCCD from client

9.9.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  785 credit score exceeds minimum of 640 with a 46.15% LTV CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 36.75% is less than guideline maximum of 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 46.15 is less than maximum guideline of 80% with a 785 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $70,870.91 or 53.73 P&IRequired P&I reserves are $1,343.93x6= $8,063.58

Complete

430497184

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  785 credit score exceeds minimum of 640 with a 46.15% LTV CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 36.75% is less than guideline maximum of 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 46.15 is less than maximum guideline of 80% with a 785 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $70,870.91 or 53.73 P&IRequired P&I reserves are $1,343.93x6= $8,063.58

Complete

430531454

XXXXXX

CA

(No Data)

ATR/QM: Exempt

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

Property Valuations

Property

Waived

B

B

B

B

PRVAPROP241

Property Type unacceptable under guidelines

No

Per appraisal, subject is a log home, ineligible per guides.

9.26.19 - lender provided exception approval.

9.26.19 - non material B

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 739 exceeds guideline requirement of 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $26,804.87 or 14.98 months of P&I.Required P&I  Reserves are $1,788.54 x 6 months P&I =$10,731.24 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the guideline max of 80.00%.

Complete

430531454

XXXXXX

CA

(No Data)

ATR/QM: Exempt

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

Property Valuations

Property

Waived

B

B

B

B

PRVAPROP2556

Acreage exceeds property eligibility guidelines

No

Subject property has xxxx acres; Properties exceeding 10 acres require pre-approval from XXX per guidelines.

9.26.19 - lender provided exception approval

9.26.19 - non material B

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 739 exceeds guideline requirement of 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $26,804.87 or 14.98 months of P&I.Required P&I  Reserves are $1,788.54 x 6 months P&I =$10,731.24 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the guideline max of 80.00%.

Complete

430449069

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Homeowner's Insurance Premium does not have a number of months entered for value of $xxxx entered.

9.6.19 Received pccd from client

9.6.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 761 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 8 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided in current residence for 6 years

Complete

430449069

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 761 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 8 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided in current residence for 6 years

Complete

430449070

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Home Warranty Policy, Termite Report, and Transfer Fee (lines 02, 06 and 08) identify the payees as "TBD".

9.6.19 received pccd from client

9.6.19 exception satisfied

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 6.08 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 17 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  812 credit score exceed 700 mid score

Complete

430449070

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 6.08 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 17 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  812 credit score exceed 700 mid score

Complete

430497185

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Home Warranty fee (line 01) identifies the payee as "TBD".

9/11/19-Lender provided corrected PCCD 9/5/19

9/11/19-Exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 40.48 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 729 Guidelines allow 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $56,694.44 or  16.78 months PI. Required P&I Reserves are $ 3,378.13 x 12 = $40,537.56

Complete

430497185

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/11/19-Lender provided corrected PCCD 9/5/19

9/11/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 40.48 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 729 Guidelines allow 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $56,694.44 or  16.78 months PI. Required P&I Reserves are $ 3,378.13 x 12 = $40,537.56

Complete

430449071

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Application

Satisfied

D

A

D

A

CRDAPP3822

Missing or incomplete documentation related to citizenship/residency

No

Borrower is a non permanent resident alien and file contains current employment authorization card effective 3/6/19. Missing applicants immigration status for the previous 2 years (e.g. prior EAD renewals).

9.11.19 Received previous EAD covering previous 2 years

9..1.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  765 credit score exceeds minimum of 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  58.57% LTV is below maximum of 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.87% DTI is below maximum of 49%.

Complete

430497186

XXXXXX

FL

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.20.19 Updated value received, appraised value supported.

09.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is0.00 / 22.51%, maximum  allowed is 49% CFCFS1736: Significant time at current residence - Clayton Comments:  Per 1003 borrower has owned their primary for the past 10 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $62,764.89 or 33.06 months of P&IRequired P&I Reserves are $1,898.30 x 6 = $11,389.80

Client Complete

430449072

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-material numeric error per final CD issued xx/xx/xxxx; Other Costs Section, recording fees are missing itemization.

9.4.19 Received PCCD from client.

9.4.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,447.77 or 23.81 months of P&IRequired P&I Reserves are $1656.61x6=$9939.66 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 80% transaction LTV is 60.61% CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 44.64%

Complete

430449072

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.29.19 Updated value received, appraised value supported.

08.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,447.77 or 23.81 months of P&IRequired P&I Reserves are $1656.61x6=$9939.66 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 80% transaction LTV is 60.61% CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 44.64%

Complete

430449073

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 700.  Borrower's qualifying score is 752. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower on current job for 3 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower in current residence for 4 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  12 months P&I required borrower has 34 months of P&I in reserves.

Complete

430497187

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified reserves $34,202.02 or 29.97 months reserves. Guidelines require 6 months. CFCFS1736: Significant time at current residence - Clayton Comments:  16 years CFCFS1734: Borrower has significant time at current job - Clayton Comments:  7 years

Complete

430449074

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8/22/19-Lender provided corrected PCCD 8/22/19

8/22/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current job for 19 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for10 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.25% DTI is below maximum of 49%.

Complete

430449074

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.26.19 Updated value received, appraised value supported.

08.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current job for 19 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for10 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.25% DTI is below maximum of 49%.

Complete

430449075

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of XXX on the ROR.

9.6.19 Received PCCD from client.

9.6.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.51%; Max is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 65%. Loan LTV is at 59.26%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $46,357.99 or 24.82 months of P&IRequired P&I Reserves are $1,867.44 x 6 = $11,204.64 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 10 years.

Complete

430449075

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

9.6.19 Received PCCD from client.

9.6.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.51%; Max is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 65%. Loan LTV is at 59.26%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $46,357.99 or 24.82 months of P&IRequired P&I Reserves are $1,867.44 x 6 = $11,204.64 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 10 years.

Complete

430449075

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation to support appraised value.

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.51%; Max is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 65%. Loan LTV is at 59.26%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $46,357.99 or 24.82 months of P&IRequired P&I Reserves are $1,867.44 x 6 = $11,204.64 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 10 years.

Complete

430531455

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of XXX on the ROR.

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 751, minimum allowed is 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $346,276.82 or 179.65 months of P&IRequired P&I Reserves are $1,916.99 x 6 = $11,501.94 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived and owned their primary residence for the past 15 years

Complete

430531455

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 751, minimum allowed is 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $346,276.82 or 179.65 months of P&IRequired P&I Reserves are $1,916.99 x 6 = $11,501.94 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived and owned their primary residence for the past 15 years

Complete

430531455

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

Executed Final 1003 With Schedule of Real Estate XXX Property is not located on the 3 Initial 1003's in file

10.2.19 - lender responded final executed 1003 lists XXX. (Clayton does not have that copy)10.3.19 Lender provided corrected executed 1003 list  XXX property

10.2.19 - exception remains10.3.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 751, minimum allowed is 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $346,276.82 or 179.65 months of P&IRequired P&I Reserves are $1,916.99 x 6 = $11,501.94 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived and owned their primary residence for the past 15 years

Complete

430531455

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Credit/Mtg History

Satisfied

C

A

C

A

CRDCRMH1805

Debts/obligations not disclosed/accounted for at origination

No

Provide status of XXX propertylisted on Sched of R.E, no other information located in fileProvide Lease and PITI

9.27.19 - Received additional Documentation XXX Property is a commercial property in the name of a Trust and is excluded

9.27.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 751, minimum allowed is 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $346,276.82 or 179.65 months of P&IRequired P&I Reserves are $1,916.99 x 6 = $11,501.94 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived and owned their primary residence for the past 15 years

Complete

430531455

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Provide copy of Award Letter from XXX to support income

9.25.19 - lender responded our advantage guidelines do not directly address how to document pension income. Consequently XXX guidelines govern. Current receipt is an acceptable method of documenting pension income per XXX Selling Guide and the file already contains a current pension paystub.

9.25.19 - upon further review by Sr Underwriter, exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 751, minimum allowed is 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $346,276.82 or 179.65 months of P&IRequired P&I Reserves are $1,916.99 x 6 = $11,501.94 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived and owned their primary residence for the past 15 years

Complete

430531455

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 751, minimum allowed is 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $346,276.82 or 179.65 months of P&IRequired P&I Reserves are $1,916.99 x 6 = $11,501.94 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived and owned their primary residence for the past 15 years

Complete

430497188

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Compliance

Documentation

Satisfied

C

A

C

A

CMPDOC3076

Legal document was not executed or is incomplete

No

ARM Rider and 1-4 Family Rider provided are not executed by the borrower.

9.9.19 - Received Executed DOT with Riders

9.9.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a 729 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  729 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $41,025.72 or 18.11 months of P&I Required P&I Reserves are $2,265.23 x 6 = $13,591.38

Complete

430497188

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a 729 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  729 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $41,025.72 or 18.11 months of P&I Required P&I Reserves are $2,265.23 x 6 = $13,591.38

Complete

430765374

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $40,939.69 or 29.87 months of P&I.Required P&I Reserves are $1,370.29 x 12 = $16,443.48. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 742; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 35.39%; max allowable is 49%.

Complete

430449076

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation..

08.29.19 Updated value received, appraised value supported.

08.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 credit score exceed required of 700 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is less than required of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  45.54 months exceed required of 6 months.

Complete

430497189

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Realtor Commissions reflected on Seller CD but not in section H of Borrower Final CD.

(No Data)

Exception can be satisfied as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  729 credit score exceeds minimum required of 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 2 years and in profession 5 years.

Complete

430531456

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Supplemental Taxes to xxxx County Tax Collector fees (lines 05 & 06) are missing the number of months covered by values entered.

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower has post-closing assets of $139,304.61 or 51.75 months of P&I.Required reserves of $2,691.50x6=$16,149. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 700.  Borrower's qualifying score of 738. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 38.55%; Max is 49%.

Complete

430531456

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower has post-closing assets of $139,304.61 or 51.75 months of P&I.Required reserves of $2,691.50x6=$16,149. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 700.  Borrower's qualifying score of 738. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 38.55%; Max is 49%.

Complete

430449077

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8/26/19-Lender provided corrected PCCD 8/22/19

8/26/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 734 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  734 credit score exceeds minimum of 680 with a 75% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 30.25%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $57,942.97 or 17.44 months of P&IRequired P&I Reserves are $3,321.57 x 12 = $39,858.84

Complete

430449077

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.26.19 Updated value received, appraised value supported.

08.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 734 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  734 credit score exceeds minimum of 680 with a 75% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 30.25%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $57,942.97 or 17.44 months of P&IRequired P&I Reserves are $3,321.57 x 12 = $39,858.84

Complete

430497190

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/9/19-Lender provided corrected PCCD 9/6/19

9/9/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $50,763.39 or 17.50 mos P&I reservesP&I Reserves of $2,901.31 x 12 mos P&I are $34,815.72 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 783 exceeds the minimum  FICO of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 34.26% is below the max DTI of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years

Complete

430449079

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8.28.19 Received PCCD from client

8.28.19 Exception satrisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 786 exceeds the minimum  fico of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 68% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 4 years

Complete

430449079

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.30.19 Updated value received, appraised value supported.

08.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 786 exceeds the minimum  fico of 660 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 68% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 4 years

Complete

430497191

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

Documentation

Satisfied

D

A

D

A

CMPDOC225

Missing Rider

No

PUD Rider missing from file.

9.11.19 Executed DOT w/ Riders received

9.11.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 755 exceeds the minimum fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for over 3 years

Complete

430497191

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

Documentation

Satisfied

D

A

D

A

CMPDOC3274

Mortgage/Deed in file is incomplete

No

Missing pages 10-15 of the Mortgage.

9.11.19 Executed DOT w/ Riders received

9.11.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 755 exceeds the minimum fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for over 3 years

Complete

430497191

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

Documentation

Satisfied

D

A

D

A

CMPDOC806

Notary Status is missing

No

Missing Notary page of the Mortgage.

9.11.19 Executed DOT including notary page received.

9.11.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 755 exceeds the minimum fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for over 3 years

Complete

430497191

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

Documentation

Satisfied

D

A

D

A

CMPDOC869

Mortgage not signed

No

Unable to determine if the Mortgage is signed, as is incomplete.

9.11.19 Executed DOT w/ Riders received

9.11.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 755 exceeds the minimum fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for over 3 years

Complete

430497191

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

xx/xx/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.25.19 Received PCCD from client.

9.25.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 755 exceeds the minimum fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for over 3 years

Complete

430497191

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

9.25.19 Received PCCD from client.

9.25.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 755 exceeds the minimum fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for over 3 years

Complete

430497191

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 755 exceeds the minimum fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for over 3 years

Complete

430668588

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error CD xx/x/x/xxxx Formatting Other Costs; Section E; Line 01 is missing the itemization for deed/mortgage fee of $xxxx.

10/30/19 Lender provided corrected PCCD xx/x/x/xxxx

10/30/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 credit score exceeds minimum of 700 CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been in XXX for 10 years. CFCFS1736: Significant time at current residence - Clayton Comments:  The borrower has lived at her primary residence for 10 years.

Complete

430668588

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3662

TRID - Corrected CD should have been provided; APR is less than APR three business days prior to closing by more than allowable tolerance

No

The APR difference is not within the tolerance allowed of 0.125%.

10/30/19 Lender provided corrected PCCD 10/28/19

10/30/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 credit score exceeds minimum of 700 CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been in XXX for 10 years. CFCFS1736: Significant time at current residence - Clayton Comments:  The borrower has lived at her primary residence for 10 years.

Complete

430668588

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

Credit

Application

Satisfied

B

A

B

A

CRDAPP2658

Missing 3rd-party anti-fraud report

No

Missing 3rd-party anti-fraud report

10.29.19 Received XXX report

10.29.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 credit score exceeds minimum of 700 CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been in XXX for 10 years. CFCFS1736: Significant time at current residence - Clayton Comments:  The borrower has lived at her primary residence for 10 years.

Complete

430497193

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Broker Fees for the Borrower & Seller Agents are missing from the Seller-Paid column of the CD.

(No Data)

Exception can be satisfied as the fees do appear on the Seller CD.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $221,138.06 or 34.77 months of P&I.Required P&I Reserves are $6359.24 x 6 = $38,155.44. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  10 years at current job. CFCFS1736: Significant time at current residence - Clayton Comments:  6 years at current residence.

Complete

430497193

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage

9.16.19 Received pccd from client.

9.16.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $221,138.06 or 34.77 months of P&I.Required P&I Reserves are $6359.24 x 6 = $38,155.44. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  10 years at current job. CFCFS1736: Significant time at current residence - Clayton Comments:  6 years at current residence.

Complete

430497194

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx  - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/11/19-Lender provided corrected PCCD 9/9/19

9/11/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  740 credit score exceeds minimum required of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  26.04% DTI is below maximum of 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  3 years

Complete

430449080

XXXXXX

GA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with current employer for the past 6 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 27.46% maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 64.94% maximum allowed is 80%

Complete

430497195

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Natural Hazard Disclosure fee (line 01) identifies the payee as "TBD".

9.16.19 Received PCCD from client.

9.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession for 3 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 767 exceeds the minimum fico of 700 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 4 years

Complete

430497195

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

9.16.19 Received PCCD from client.

9.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession for 3 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 767 exceeds the minimum fico of 700 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 4 years

Complete

430497195

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.16.19 Received PCCD from client.

9.16.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession for 3 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 767 exceeds the minimum fico of 700 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 4 years

Complete

430497196

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing updated loan approval. Loan approval in file reflects an AIA 7/1ARM 4Y Prepay. Subject loan does not have a prepay and income qualified per Cpa Ver. 2 Yrs Of XXX History & Ytd P&L.

9.11.19 - Received Lenders Loan Approval

9.11.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $78,631.00 or 55.03 months of P&IRequired P&I Reserves are $1,428.83 x 12 = $17,145.96. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been XXX since 1996 with an established XXX since 2013. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 30.89% is below the guideline requirement of 49.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's credit score of 703 exceeds guideline minimum requirement of 680.

Complete

430449082

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

The initial CD xx/x/x/xxxx and the closing CD xx/x/x/xxxx - Other Costs, Section H. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.6.18 Received PCCD from client.

9.6.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets $368,549.46 or 45.91 months P&IRequired P&I is $8,028.42 x 12=$96,341.04 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been a XXX for 18 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 exceeds 700 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.17% DTI is below max of 49%

Complete

430449082

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3604

TRID - Error discovered on Closing Disclosure

No

Non-numerical error: The initial CD xx/x/x/xxxx and the closing CD xx/x/x/xxxx is missing the sellers address.

9.6.18 Received PCCD from client.

9.6.18 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets $368,549.46 or 45.91 months P&IRequired P&I is $8,028.42 x 12=$96,341.04 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been a XXX for 18 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 exceeds 700 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.17% DTI is below max of 49%

Complete

430531457

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

The HOI Policy is terminated Policy states "if box checked policy is terminated". Please provide Current active HOI policy

10.9.19 - lender provided HOI policy.

10.9.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 759, minimum allowed is 640 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.86 / 20.32% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 58.17% maximum allowed is 80%

Complete

430531457

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 759, minimum allowed is 640 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.86 / 20.32% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 58.17% maximum allowed is 80%

Complete

430497198

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 812 exceeds guideline requirement of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.00 is below the guideline requirement of 80.00 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 24.27 is below the guideline max allowable of 49.00.

Complete

430765375

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12.4.19 Received PCCD from client.

12.4.19 exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 62.91% Guidelines allow 80% with a 764 credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 42.89% Guidelines allow 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 764 Guidelines allow 660 with a 62.91% LTV.

Complete

430765375

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.02.19 Updated value received, appraised value supported.

12.02.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 62.91% Guidelines allow 80% with a 764 credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 42.89% Guidelines allow 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 764 Guidelines allow 660 with a 62.91% LTV.

Complete

430531458

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD: xx/xx/xxxx and CD: xx/xx/xxxx Other Costs Section E. Taxes and Other Govt  Fees  Recording Fee of xxxx CD: xx/xx/xxxx and xxxx xx/xx/xxxx both missing itemization for Deed/Mortgage. Numerical-Non Material error initial grade B

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $22,523.88 or 16.76 months of P&I; Required P&I Reserves are $1329.80x12=$15,957.60. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 720; qualifying credit score is 733 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 40.30%

Complete

430449083

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error CD xx/x/x/xxxx Formatting Other Costs; Section E; Line 01 is missing the itemization for deed/mortgage fee of $xxxx  and CD xx/x/x/xxxx Formatting Other Costs; Section E; Line 01 is missing the itemization for deed/mortgage fee of $xxxx.

9/5/19-Lender provided corrected PCCD 9/3/19

9/5/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 734, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 31.56 / 39.06, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required P&I Reserves are 12 monthsVerified P&I Reserves are 21.27 months

Complete

430449083

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 734, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 31.56 / 39.06, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required P&I Reserves are 12 monthsVerified P&I Reserves are 21.27 months

Complete

430497199

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Home Warranty & Natural Hazards Disclosure feed (lines 01 and 02) are missing the providers name. They are listed as "TBD".

9.10.19 Received pccd from client.

9.10.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  Co-Borrower has worked at current job for 11 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 13 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  789 credit score exceeds minimum required of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.52% DTI is below maximum of 49%.

Complete

430497199

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Assets

Satisfied

D

A

D

A

CRDAST2354

Asset Verification In File is Incomplete Per Requirements

No

Missing evidence of receipt of gifts in the amounts of $30,000 and $8,000.  Gift letters in file but missing wire/checks received by escrow.

9.10.19 - Received supporting documentation for Gifts received

9.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  Co-Borrower has worked at current job for 11 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 13 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  789 credit score exceeds minimum required of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.52% DTI is below maximum of 49%.

Complete

430497200

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 41.67%;  maximum LTV is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 693; requires 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $53,324.82 or 27.75 months of P&I.Required P&I Reserves are $1920.93 x 6 = $11,525.58.

Complete

430497201

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

9/11/19-Lender provided corrected PCCD 9/10/19

9/11/19-Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  750 credit score exceeds minimum required of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.35% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $42,306.71 or 17.65 months of reserves.Required P&I Reserves are $2396.68 x 12 = $28,760.16.

Complete

430497201

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Home Warranty & NHD Report fees (lines 03 & 04) identify the payees as "TBD".

9/11/19-Lender provided corrected PCCD 9/10/19

9/11/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  750 credit score exceeds minimum required of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.35% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $42,306.71 or 17.65 months of reserves.Required P&I Reserves are $2396.68 x 12 = $28,760.16.

Complete

430497202

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing Updated Valuation

09.12.19 Updated value received, appraised value supported.

09.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 75%, Guidelines allow 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 712, Guidelines allow 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $46,237; verified as 14.25 months PITIA. Guidelines allow 12 months or ($ 3,242.82 x 12 = $38,913.84)

Complete

430531460

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  775 credit score exceeds minimum required of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  35.42% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $45,727.48 or 12.64 months of reserves.Required P&I Reserves are $3616.75 x 6 = $21,700.50.

Complete

430497203

XXXXXX

MI

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4282

TRID - CD: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

LE xx/x/x/xxxxalculating Cash to Close  Down Payment/Funds from Borrower is $xxxx CD xx/x/x/xxxx Calculating Cash to Close - Down Payment/Funds from Borrower-LE is $0.00.

9.17.19 Received PCCD from client.

9.17.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  756 credit score exceeds minimum required of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  33.86% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $106,268.61 or 43.25 months of reserves. Required P&I Reserves are $2456.90 x 12 = $29,482.80.

Complete

430497203

XXXXXX

MI

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4283

TRID - CD: The value for Deposit in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

LE xx/x/x/xxxx Calculating Cash to Close  Deposit is -$xxxx.CD xx/x/x/xxxxalculating Cash to Close - Deposit for the LE is $0.00.

9.17.19 Received PCCD from client.

9.17.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  756 credit score exceeds minimum required of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  33.86% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $106,268.61 or 43.25 months of reserves. Required P&I Reserves are $2456.90 x 12 = $29,482.80.

Complete

430497203

XXXXXX

MI

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4284

TRID - CD: The value for Seller Credits in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

LE xx/x/x/xxxx Calculating Cash to Close  Seller Credits is $-xxxx.CD xx/x/x/xxxx Calculating Cash to Close  Seller Credits for the- LE is $0.00.

9.17.19 Received PCCD from client.

9.17.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  756 credit score exceeds minimum required of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  33.86% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $106,268.61 or 43.25 months of reserves. Required P&I Reserves are $2456.90 x 12 = $29,482.80.

Complete

430497203

XXXXXX

MI

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

LE  xx/xx/xxxx  Calculating Cash to Close - Total Closing Costs (J) is $xxxx. CD xx/x/x/xxxxCalculating Cash to Close - Total Closing Costs (J) for the LE is $xxxx.

9.17.19 Received PCCD from client.

9.17.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  756 credit score exceeds minimum required of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  33.86% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $106,268.61 or 43.25 months of reserves. Required P&I Reserves are $2456.90 x 12 = $29,482.80.

Complete

430497203

XXXXXX

MI

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

LE  xx/xx/xxxx  Calculating Cash to Close - Estimate Costs (J) is $xxxx.CD xx/x/x/xxxx Calculating Cash to Close - Total Closing Costs (J) for the LE is $xxxx.

9.17.19 Received PCCD from client.

9.17.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  756 credit score exceeds minimum required of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  33.86% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $106,268.61 or 43.25 months of reserves. Required P&I Reserves are $2456.90 x 12 = $29,482.80.

Complete

430531461

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.20.19 Received PCCD from client

9.20.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score of 680.  Borrower's qualifying score of 770. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV 80%.  Actual LTV of 75%.

Complete

430531461

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.19.19 Updated value received, appraised value supported.

09.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score of 680.  Borrower's qualifying score of 770. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV 80%.  Actual LTV of 75%.

Complete

430531462

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.25.19 Updated value received, appraised value supported.

09.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:  Borrower's Post Close Assets are $453,499.82 or 328.50 months of P&I; Required P&I Reserves are $1380.50x6=$8283. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 18.03% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 640; qualifying credit score is 801 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 80% transaction LTV is 26.04%

Complete

430497204

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section F: Prepaids: Property Taxes is missing the number of months covered by value of $353.62.

9/11/19-Lender provided corrected PCCD 9/6/19

9/11/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  35 years XXX. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 788; requires 720. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit history of 0x30 for the last 66  months exceeds guideline. CFCFS1737: LTV below guideline requirements - Clayton Comments:  58.76% LTV is below maximum of 70%.

Complete

430497204

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  35 years XXX. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 788; requires 720. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit history of 0x30 for the last 66  months exceeds guideline. CFCFS1737: LTV below guideline requirements - Clayton Comments:  58.76% LTV is below maximum of 70%.

Complete

430531463

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $40,887.88 or 17.22 months of P&I.Required P&I Reserves are $2,374.28 x 12 months P&I=$28,491.36 CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Borrower's credit history reflects 0x30 on all debt being reporting as open or closed, with 5 open lines and a longest active history of 105 months.

Complete

430497205

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.12.19 Updated value received, appraised value supported.

09.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrowers at current residence for 12 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  6 months P&I required for reserves, borrower has 22 months of P&I. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  797 credit score exceeds minimum required of 660.

Complete

430497206

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing Updated Valuation

09.12.19 Updated value received, appraised value supported.

09.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 55.36% Guidelines allow 80% with a 744 credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 49 % Guidelines allow 35.12 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 744 Guidelines allow 640 with an LTV of 55.36%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $44,579.76 or 25.68 months of P&IRequired P&I Reserves are $1,735.91 x 6 = $10,415.46

Complete

430531465

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.17.19 Updated value received, appraised value supported.

09.17.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.56% is below the max LTV of 75% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 696 exceeds the minimum fico of 650. CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Complete

430497208

XXXXXX

OR

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

Compliance

Ability to Repay/Qualified Mortgage

Satisfied

D

A

D

A

CMPATRQM3220

TILA - Loan subject to Ability to Repay/Qualified Mortgage rule; the loan file is missing documents to complete the ATR/QM review and render an accurate ATR/QM status.

No

Missing lease agreement for investment property at XXX.

9.19.19 Received updated 1008 and 1003 removing the rental Income

9.19.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $75,587.88 or 29.54 months of P&I. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  9 years at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below maximum of 70%.

Complete

430497208

XXXXXX

OR

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.16.19 Received PCCD from client.

9.16.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $75,587.88 or 29.54 months of P&I. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  9 years at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below maximum of 70%.

Complete

430497208

XXXXXX

OR

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

Credit

Application

Satisfied

D

A

D

A

CRDAPP3822

Missing or incomplete documentation related to citizenship/residency

No

Missing passport for foreign national

9.18.19 - Received valid Passport

9.18.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $75,587.88 or 29.54 months of P&I. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  9 years at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below maximum of 70%.

Complete

430497208

XXXXXX

OR

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC3204

Income Documentation Missing

No

Provide the current lease agreement for XXX.  XXX, OR  XXX. Per the application, rents are $1900.00.  Rental income has been included in the debt ratio.

9.19.19 Received updated 1008 and 1003 removing the rental Income

9.19.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $75,587.88 or 29.54 months of P&I. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  9 years at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below maximum of 70%.

Complete

430497208

XXXXXX

OR

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $75,587.88 or 29.54 months of P&I. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  9 years at current job. CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below maximum of 70%.

Complete

430531466

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 797 Guidelines allow 720 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 32.39 % Guidelines allow 49 %

Complete

430497209

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx3  - Transaction Information Section: Missing Seller's address from the CD.

9.12.19 Received pccd from client.

9.12.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $91,892.83 or 16.15 months of P&I.Required P&I Reserves are $5,689.69 x 12 = $68,276.28. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  16 years XXX. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 729; requires 700 with an 80% LTV.

Complete

430449085

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  797 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 275 months per verification of rent for primary; 12 months required. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.86%; Max is 49%.

Complete

430678895

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 776 exceeds the minimum fico of 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 31.75% is below the max ltv of 70% CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at current residence for 5 years

Complete

430668591

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of XXX on the ROR.

10.17.19 Received PCCD from client

10.17.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $15,137.45 or 10.08 months of P&I.Required P&I Reserves are $1,501.39 x 6 = $9,008.34. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 806; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 20.29%; max allowable is 80%.

Complete

430668591

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

10.17.19 Received PCCD from client

10.17.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $15,137.45 or 10.08 months of P&I.Required P&I Reserves are $1,501.39 x 6 = $9,008.34. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 806; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 20.29%; max allowable is 80%.

Complete

430668591

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

10.16.19 Updated value received, appraised value supported.

10.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $15,137.45 or 10.08 months of P&I.Required P&I Reserves are $1,501.39 x 6 = $9,008.34. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 806; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 20.29%; max allowable is 80%.

Complete

430531469

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned and resided in primary residence for 5 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 12 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 20 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: $60,997.84 or 23.36 months P&I Guidelines require 12x $2611.10=$31,333.20  months. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 754; guidelines require 720.

Complete

430531470

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

CD xx/x/x/xxxx Other Costs, Section H: Other: HOA Transfers fee lists the payee as "TBD".

9/18/19 Lender provided corrected PCCD 9/19/19

9/18/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  780 credit score exceeds minimum required of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.45% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $283,893.14 or 52.08 months of reserves.Required P&I Reserves are $5,450.77 x 12 = $65,409.24.

Complete

430531470

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/18/19 Lender provided corrected PCCD 9/16/19

9/18/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  780 credit score exceeds minimum required of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.45% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $283,893.14 or 52.08 months of reserves.Required P&I Reserves are $5,450.77 x 12 = $65,409.24.

Complete

430531471

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.25.19 Updated value received, appraised value supported.

09.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 38.16 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 714 Guidelines allow 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $60,992.63 or 44.46 months of P&IRequired P&I Reserves are $1,371.93 x 6 = $8,284.38

Complete

430531473

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  755 fico exceeds 700 minimum CFCFS1744: DTI below guideline requirement - Clayton Comments:  44.31% DTI is below max DTI 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $85,094.50 or 26.87 months P&I. Required P&I is 12 months or $37,993.32.

Complete

430531474

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Provide 1008 showing DTI of 43.16% to match tape data.  1008 in file shows DTI of 20.18%

9.19.19 - Rec'd corrected 1008

9.19.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 717 exceeds the minimum  fico of  660

Complete

430531474

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.17.19 Updated value received, appraised value supported.

09.17.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 717 exceeds the minimum  fico of  660

Complete

430531475

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

Zero tolerance fee, Pest Inspection Fee, increased by $410.00 at closing without a valid reason or not timely disclosed. The fee appeared on the final CD xx/x/x/xxxx in Loan Costs, Section B. There is no COC for the fee in file.

9.27.19 Received COC from client.

9.27.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 772 exceeds the minimum  fico of 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 52.17% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 6 years

Complete

430531475

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.20.19 Updated value received, appraised value supported.

09.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 772 exceeds the minimum  fico of 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 52.17% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 6 years

Complete

430668593

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

B

A

B

B

B

B

A

A

B

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error: Final CD: xx/xx/xxxx - The Assumption selection in Loan Disclosures on CD is will not allow assumption of this loan." This selection does not match the assumption terms on Mortgage.

10/30/19 Lender provided corrected PCCD 10/28/19

10/30/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 3 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 38.24% is below the max DTI of 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 751 exceeds the minimum FICO of 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $26,960.11 or 24.41 months P&I P&I Reserves $1104.59 x 12 months P&I are $13,255.08

Complete

430668593

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

B

A

B

B

B

B

A

A

B

A

B

B

Property Valuations

FEMA

Satisfied

B

A

B

A

PRVAFEMA856

Natural Disaster Area, no subsequent inspection (Public)

No

Missing subsequent inspection for FEMA Disaster: xx/xx/xxxx xx/xx/xxxx Public Hurricane XXX XXX.

10.30.2019 - Lender provided Disaster Inspection Report dated 10/29/2019 confirming no damage to subject property.

10.30.2019 - Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 3 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 38.24% is below the max DTI of 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 751 exceeds the minimum FICO of 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $26,960.11 or 24.41 months P&I P&I Reserves $1104.59 x 12 months P&I are $13,255.08

Complete

430497211

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of XXX on the ROR.

9.16.19 Received PCCD from client

9.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  698 credit score exceeds minimum of 650 with an 48% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 48%; Max is 70% with 698 credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.17%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $46,196.77 or 16.72 months of P&IRequired P&I Reserves are $2,763.16 x 6 = $16,578.96

Complete

430497211

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

916.19 Received PCCD from client

9.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  698 credit score exceeds minimum of 650 with an 48% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 48%; Max is 70% with 698 credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.17%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $46,196.77 or 16.72 months of P&IRequired P&I Reserves are $2,763.16 x 6 = $16,578.96

Complete

430497211

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  698 credit score exceeds minimum of 650 with an 48% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 48%; Max is 70% with 698 credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.17%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $46,196.77 or 16.72 months of P&IRequired P&I Reserves are $2,763.16 x 6 = $16,578.96

Complete

430531477

XXXXXX

MI

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.27.19 Updated value received, appraised value supported.

09.27.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 782 exceeds the guideline requirement of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $165,171.41 or 170.92 months reserves.Required P&I Reserves are $966.36 x 6 months= $5,798.16. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 37.23% is below the guideline max allowable of 49.00%.

Complete

430497212

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.13.19 Received pccd from client.

9.13.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 58.55%; maximum LTV is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 811; requires 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  8 years on current job. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  5 years at current job.

Complete

430497212

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Broker Commission fees for Broker & Seller are missing from the Seller-Paid Column.

9.13.19 Received pccd from client.

9.13.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 58.55%; maximum LTV is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 811; requires 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  8 years on current job. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  5 years at current job.

Complete

430497212

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

CD xx/x/x/xxxx - The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

9.13.19 Received pccd from client

9.13.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 58.55%; maximum LTV is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 811; requires 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  8 years on current job. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  5 years at current job.

Complete

430497212

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing the Seller's CD from the file.

9.13.19 Received pccd from client.

9.13.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 58.55%; maximum LTV is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 811; requires 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  8 years on current job. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  5 years at current job.

Complete

430497212

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.12.19 Updated value received, appraised value supported.

09.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 58.55%; maximum LTV is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 811; requires 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  8 years on current job. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  5 years at current job.

Complete

430531478

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.17.19 Updated value received, appraised value supported.

09.17.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession for 20 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.95% LTV is below max 80%

Complete

430497213

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score 720 for Interest Only. Borrower's qualifying score is 755. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $875,547.05 or 207.64 months of P&IRequired P&I Reserves are $4,216.67 x 6 = $25,300.02 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job for15 years.

Complete

430531479

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; max is 65%. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned and resided in primary residence for 5.83 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 12 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage payment history is 0x30x56; guidelines require 0x30x12. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 776; guidelines require 640

Complete

430531480

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric non-material error per final CD issued xx/xx/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.25.19 Received PCCD from client.

9.25.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a credit score of 706. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  706 credit score exceeds minimum of 660 with an LTV of 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.70%; Max is 49%.

Complete

430531480

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.16.19 Updated value received, appraised value supported.

09.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a credit score of 706. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  706 credit score exceeds minimum of 660 with an LTV of 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.70%; Max is 49%.

Complete

430531481

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.27.19 Received PCCD from client.

9.27.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 36.22% is below the max DTI of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for over 2 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 811 exceeds the minimum fico of 700

Complete

430531482

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.19.19 Updated value received, appraised value supported.

09.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 5.6 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  12.24% DTI is below max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $121,835.24 or 62.36 months of P&I.Required P&I Reserves are $2,906.19 x 6 = $17,436.96

Complete

430497214

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Other - The following fees are missing a payee on the CD: 3rd Qtr HOA, Real Estate Agent Commission, and Real Estate Agent Commission (lines 01-03).

9.12.19 Received PCCD from client.

9.12.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  780 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.17%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $19,925.83 or 22.12 months of P&IRequired P&I Reserves are $900.83 x 12 = $10,809.96

Complete

430497215

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Home Warranty Fee lists "TBD" as the payee.

9.16.19 Received pccd from client.

9.16.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 33.71% is below the guideline requirement of 49.00%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been employed by the current employer for 5 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $16,799.83 exceeds required assets of $7806.06. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  804 credit score exceeds minimum of 680 with an 75% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV; Max is 80% with an 804 credit score.

Complete

430497215

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

9.16.19 Received pccd from client.

9.16.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 33.71% is below the guideline requirement of 49.00%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been employed by the current employer for 5 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $16,799.83 exceeds required assets of $7806.06. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  804 credit score exceeds minimum of 680 with an 75% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV; Max is 80% with an 804 credit score.

Complete

430497215

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.12.19 Updated value received, appraised value supported.

09.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 33.71% is below the guideline requirement of 49.00%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been employed by the current employer for 5 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $16,799.83 exceeds required assets of $7806.06. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  804 credit score exceeds minimum of 680 with an 75% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV; Max is 80% with an 804 credit score.

Complete

430531483

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing the Seller's CD

9.26.19 Received seller cd.

9.26.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 700.  Borrower's qualifying score is 742. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage history must be no more than 1x30 in last 12 months.  Borrower has -0- late pays in last 18 months. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in same profession for 30 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.48%; Max is 49%.

Complete

430531485

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.25.19 Updated value received, appraised value supported.

09.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 660.  Borrower's qualifying score is 726. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 70%.

Complete

430497216

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.11.19 Received pccd from client.

9.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.70%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $77,642.55 or 16.62 months of P&IRequired P&I Reserves are $4,671.68 x 12 = $56,060.16 CFCFS1736: Significant time at current residence - Clayton Comments:  4 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  762 credit score exceeds minimum of 700 with an 80% LTV.

Complete

430531486

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in same field for 8 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score of 700 is required.  Borrower's qualifying score is 745. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months of P&I; borrower has 15 months of P&I of reserves. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Borrower must have no more than 1x30 in last 12 months.  Borrower has a 31 month history with 0 late pays.

Complete

430531487

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  793 fico exceeds 700 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.64% DTI is below max of 49%

Complete

430497217

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non material error per final cd issued xx/xx/xxxx; closing information is missing the seller's address.

9/18/19 Lender provided corrected PCCD 9/16/19

9/18/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 739 exceeds guideline requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 31.03% is below the guideline maximum of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $27,443.46 or 19.53 months of P&IRequired P&I Reserves are $1,405.25 x 12 = $16,863

Complete

430497217

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3708

TRID - Curable Issue #2 related to the Closing Disclosure in file

No

Non-numeric material error per final CD issued xx/xx/xxxx; Other Costs Section E Line 1 Recording fees are missing itemization.

9/18/19 Lender provided corrected PCCD 9/16/19

9/18/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 739 exceeds guideline requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 31.03% is below the guideline maximum of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $27,443.46 or 19.53 months of P&IRequired P&I Reserves are $1,405.25 x 12 = $16,863

Complete

430668595

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  The borrower has owned his XXX for 14.00 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 763 exceeds guideline requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 33.16 is below the guideline max allowable of 49.00%. CFCFS1739: Postive mortgage payment history - Clayton Comments:  The borrower has 0x30 over 37 months reviewed on their primary housing and 0x30 over 37 and  36months respectively on  investment mortgage payments.

Complete

430531488

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4282

TRID - CD: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 39.85 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 726 Guidelines allow 720 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months of reserves. B1 has a total of $ 12,854.30 or 20.33 months

Complete

430531488

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4283

TRID - CD: The value for Deposit in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Deposit in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($-3,000).

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 39.85 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 726 Guidelines allow 720 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months of reserves. B1 has a total of $ 12,854.30 or 20.33 months

Complete

430531488

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 39.85 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 726 Guidelines allow 720 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months of reserves. B1 has a total of $ 12,854.30 or 20.33 months

Complete

430531488

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 39.85 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 726 Guidelines allow 720 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months of reserves. B1 has a total of $ 12,854.30 or 20.33 months

Complete

430668596

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Numeric Non Material Error: Seller paid fees per CD: xx/xx/xxxx does not match seller CD issued xx/xx/xxxx the following fees on seller CD are missing from CD in the other cost section: Estimated Property Taxes fee $xxxx, HOA Current Monthly fee $xxxx, HomeBuilders Association fee $xxxx, and Selling Commission fee $xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $6,081.48 or 7.53 months of P&I.Required P&I Reserves are $807.04 x 6 = $4,842.24. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 791; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 45.79%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 35.13%; max allowable is 49%.

Complete

430668596

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Numeric Non Material Error: Seller paid fees per CD issued CD: xx/xx/xxxx do not match seller CD issued xx/xx/xxxx the following fees on the seller CD are missing from CD in the loan cost section: Survey fee $xxxx, Termite Treatment fee $xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $6,081.48 or 7.53 months of P&I.Required P&I Reserves are $807.04 x 6 = $4,842.24. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 791; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 45.79%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 35.13%; max allowable is 49%.

Complete

430668596

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

10.31.19 Received PCCD from client.

10.31.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $6,081.48 or 7.53 months of P&I.Required P&I Reserves are $807.04 x 6 = $4,842.24. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 791; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 45.79%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 35.13%; max allowable is 49%.

Complete

430668596

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing CDA to support the original appraised value of $xxxx.

10.31.19 Updated value received, appraised value supported.

10.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $6,081.48 or 7.53 months of P&I.Required P&I Reserves are $807.04 x 6 = $4,842.24. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 791; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 45.79%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 35.13%; max allowable is 49%.

Complete

430531490

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

10.2.19 Received PCCD from client.

10.2.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $53,351.46 or 18.50 months of P&I; Required P&I Reserves are $2884.37x6=$17,306.22. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 640; qualifying credit score is 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 35.90% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 70% transaction LTV is 46.18%

Complete

430531490

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

10.2.19 Received PCCD from client.

10.2.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $53,351.46 or 18.50 months of P&I; Required P&I Reserves are $2884.37x6=$17,306.22. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 640; qualifying credit score is 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 35.90% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 70% transaction LTV is 46.18%

Complete

430531490

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.25.19 Updated value received, appraised value supported.

09.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $53,351.46 or 18.50 months of P&I; Required P&I Reserves are $2884.37x6=$17,306.22. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 640; qualifying credit score is 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 35.90% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Max LTV is 70% transaction LTV is 46.18%

Complete

430709264

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.13.19 Updated value received, appraised value supported.

11.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 720 exceeds the minimum fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 11 years

Complete

430531492

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Broker Commission fees for Borrower & Seller are missing from the Seller-Paid column on the final CD.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $134,891.41 or 36.29 months of P&IRequired P&I Reserves are $3,716.81 x 6 = $22,300.86 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 769; guidelines require 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.34%; guidelines allow 49%.

Complete

430531492

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Per new XXX guidelines borrower must have coverage for 80% of the appraised value if no estimated cost to rebuild from insurance company in file. Insurance coverage is $xxxx; required $xxxx x .80= $xxxx.

9.30.19 Received RCE, supports  HOI in file

9.30.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $134,891.41 or 36.29 months of P&IRequired P&I Reserves are $3,716.81 x 6 = $22,300.86 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 769; guidelines require 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.34%; guidelines allow 49%.

Complete

430531492

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $134,891.41 or 36.29 months of P&IRequired P&I Reserves are $3,716.81 x 6 = $22,300.86 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 769; guidelines require 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.34%; guidelines allow 49%.

Complete

430531494

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/18/19 Lender provided corrected PCCD 9/13/19

9/18/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  722 credit score exceeds minimum required of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  30.47% DTI is below maximum of 49% CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 4 years and in profession 10 years.

Complete

430497218

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

9.11.2019 Received seller cd from client

9.11.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $131,847.75 or 43.71 months of P&IRequired P&I Reserves are $3,016.44 x 12 = $36,197.28. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 10 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  725 credit score exceeds minimum of 700 with an 80% LTV.

Client Complete

430497219

XXXXXX

TX

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.17.19 Updated value received, appraised value supported.

09.17.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  718 credit score exceeds minimum required of 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $15,847.86 or 16.12 months of reserves. Required P&I Reserves are $982.75 x 12 = $11,793.00

Complete

430531496

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.60% DTI is below maximum of 49%.

Complete

430531496

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.19.19 Updated value received, appraised value supported.

09.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.60% DTI is below maximum of 49%.

Complete

430531497

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 5 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $147,378.13 or 143.43 months of P&IRequired P&I Reserves are $1,027.54 x 6 = $6,165.24 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 24.16%; guidelines allow 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 credit score exceeds minimum of 700 with a 70% LTV.

Complete

430531498

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 808 exceeds the guideline requirment of 720. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 34.64 is below the guideline max allowable of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $31,216.59 exceeds the required amount of $18,815.04.

Complete

430531499

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Broker Commission fees for Borrower & Seller are missing from the Seller-Paid column on the final CD.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 807, minimum  allowed for 70% LTV is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 39.66 / 39.88 %, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 80%.

Complete

430531499

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Homeowner's Insurance Premium is missing the itemization for the number of months.

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 807, minimum  allowed for 70% LTV is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 39.66 / 39.88 %, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 80%.

Complete

430531499

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 807, minimum  allowed for 70% LTV is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 39.66 / 39.88 %, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 80%.

Complete

430531499

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 807, minimum  allowed for 70% LTV is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 39.66 / 39.88 %, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 80%.

Complete

430497220

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.12.19 Updated value received, appraised value supported.

09.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 660.  Borrower's qualifying score is 716 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.64% DTI is below maximum of 49%.

Complete

430531500

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 798, Guidelines allow 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months of reserves. B1 has a total of $ 24,053.35 or 15.67 months

Complete

430497221

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.12.19 Updated value received, appraised value supported.

09.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 75%; Guidelines allow 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 35.19%; Guidelines allow 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 739; Guidelines allow 680 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves of $200,586.47; verified as 55.98 months P&I. Guidelines require 12 months or ($ 3,583.46 x 12 = $43,001.52)

Complete

430497222

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Broker Commission fees for Borrower & Seller are missing from the Seller-Paid column on the final CD.

(No Data)

Exception can be satisfied, as the fees appear on the Seller's CD.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  783 credit score exceeds minimum of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  31.53% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.96% LTV is below guideline maximum of 80%.

Complete

430497222

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.17.19 Received PCCD from client.

9.17.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  783 credit score exceeds minimum of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  31.53% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.96% LTV is below guideline maximum of 80%.

Complete

430497222

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

Credit

Assets

Active

B

B

B

B

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Reserves are insufficient by$138.99. Borrower's Post Close Assets are $18,742.77 or 5.95 months of reserves. Required P&I Reserves are $3,146.96 x 6 = $18,881.76

(No Data)

Upon further review by Senior Underwriter, exception deemed non-material due to 31% DTI and 783 credit score.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  783 credit score exceeds minimum of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  31.53% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.96% LTV is below guideline maximum of 80%.

Complete

430497222

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  783 credit score exceeds minimum of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  31.53% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.96% LTV is below guideline maximum of 80%.

Complete

430497224

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Missing Lease for XXX

9.11.19 XXX was a simultaneous purchase and Appraisal with Operating Income Statement was provided to support monthly rent of the 2 units at $7,600.00

9.11.19 - Exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 38.87%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 650.  Borrower's qualifying score is 795. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 70%.  Actual LTV 53.11%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Per guidelines 6 months of P&I and borrower has 130 months of P&I.

Complete

430497224

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.06.19 Updated value received, appraised value supported.

09.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 38.87%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 650.  Borrower's qualifying score is 795. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 70%.  Actual LTV 53.11%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Per guidelines 6 months of P&I and borrower has 130 months of P&I.

Complete

430497225

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation..

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  63.09% LTV is below maximum of 75%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 15 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 8 years.. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 795 exceed required of 690.

Complete

430531502

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.19.19 Updated value received, appraised value supported.

09.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in same profession for 7 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 660.  Borrower's qualifying score is 772. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required of 6 months of P&I of reserves and has 27 months of P&I. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 80%.  Actual LTV is 66.67%.

Complete

430531503

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error per CD xx/x/x/xxxx Formatting Other Costs; Section E; Line 01 is missing the itemization for deed/mortgage fee $xxxx.

10.2.19 Received PCCD from client.

10.2.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 39.17 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 727 Guidelines allow 720

Complete

430497226

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

9.25.19 Received PCCD from client

9.25.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.95% DTI is below maximum of 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 5 years 7 months on job and 8 years in profession. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified reserves $9,582.03 or 7.52 months P&I.  Guidelines require 6 months P&I: $1273.93x6=$7643.58.

Complete

430497226

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.95% DTI is below maximum of 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 5 years 7 months on job and 8 years in profession. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified reserves $9,582.03 or 7.52 months P&I.  Guidelines require 6 months P&I: $1273.93x6=$7643.58.

Complete

430497226

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.09.19 Updated value received, appraised value supported.

09.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.95% DTI is below maximum of 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 5 years 7 months on job and 8 years in profession. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified reserves $9,582.03 or 7.52 months P&I.  Guidelines require 6 months P&I: $1273.93x6=$7643.58.

Complete

430497227

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Loan Disclosures - Escrow Account: Non-Escrowed Property Costs over Year 1 - There is a value of $2220.00 entered without a description of fee. Prior CD shows as Association Dues.

9.10.19 Received PCCD from client.

9.10.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 53.33% is below the max LTV of 70% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 20 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 32.44% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $70035.97 or 11.84 months P&IP&I Reserves of $5,915.38 x 6 months P&I are  $35,492.28

Complete

430497227

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 53.33% is below the max LTV of 70% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 20 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 32.44% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $70035.97 or 11.84 months P&IP&I Reserves of $5,915.38 x 6 months P&I are  $35,492.28

Complete

430531504

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Minimum insurance coverage per XXX guidelines are appraised value $xxxx x 80%=$xxxx. Insurance coverage per policy $xxxx.

9.25.19 Cost to rebuild is $290,000.00 based on Insurance Rebuild calculationHOI Coverage is $327,800.00

9.25.19 - Exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 35.29%; Max is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 65%.  Actual LTV is 35.93%. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  Borrower on current job for over 16 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $32,424.38 or 19 months of P&I.Required reserves of $1,678.04 x 6=$10,068.24

Complete

430531504

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 35.29%; Max is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV is 65%.  Actual LTV is 35.93%. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  Borrower on current job for over 16 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $32,424.38 or 19 months of P&I.Required reserves of $1,678.04 x 6=$10,068.24

Complete

430678897

XXXXXX

FL

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing loan approval

11.19.19 Received Lenders Loan Approval for file

11.19.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  774 credit score exceeds minimum of 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $13,248.69 or 15.47 months of P&I. Required Reserves are $856.60 x 6 = $5139.60. CFCFS1744: DTI below guideline requirement - Clayton Comments:  36.01% DTI is below maximum of 49%.

Complete

430678897

XXXXXX

FL

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.18.19 Updated value received, appraised value supported.

11.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  774 credit score exceeds minimum of 660 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $13,248.69 or 15.47 months of P&I. Required Reserves are $856.60 x 6 = $5139.60. CFCFS1744: DTI below guideline requirement - Clayton Comments:  36.01% DTI is below maximum of 49%.

Complete

430709266

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement - Clayton Comments:  36.02% DTI is below maximum of 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 10.58 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  728 fico exceeds 700 mid score CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets $90,304.96 or  20.11 months P&I. Required 12 x $4490.12=$53,881.44.

Complete

430531505

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Real Estate Commission fees for Borrower and Seller are missing from the Seller-Paid column from the final CD.

(No Data)

Exception is satisfied as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 fico exceeds 700 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.42% DTI is below max DTI 49%

Complete

430531505

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

10.1.19 Received PCCD from client.

10.1.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 fico exceeds 700 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.42% DTI is below max DTI 49%

Complete

430531506

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.27.19 Updated value received, appraised value supported.

09.27.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 763 exceeds the minimum FICO of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 15 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $123,143.90 or 47.24 months P&I P&I Reserves $2606.67 x 6 months P&I are $15,640.02

Complete

430497228

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with the current employer for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's credit score of 749 exceeds minimum guideline requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 41.63% is below the guideline max allowed of 49.00%.

Complete

430531507

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

Compliance

Documentation

Satisfied

C

A

C

A

CMPDOC199

Discrepancy between Note and ARM Rider

No

missing arm rider.

9.26.19 Arm Rider Rec'd

9.26.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  756 credit score exceeding minimum of 720 with a 80% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $50,989.67 or 17.40 months of P&I.Required reserves of $2,929.79x12=$35,157.48.

Complete

430531507

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

Compliance

Documentation

Satisfied

D

A

D

A

CMPDOC225

Missing Rider

No

Arm rider is missing from file.

9.26.19 - Received ARM Rider

9.26.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  756 credit score exceeding minimum of 720 with a 80% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $50,989.67 or 17.40 months of P&I.Required reserves of $2,929.79x12=$35,157.48.

Complete

430531508

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.17.19 Updated value received, appraised value supported.

09.17.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below  the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 709 exceeds the minimum  fico of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 37.41% is below the max dti of 49%

Complete

430531509

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/18/19 Lender provided corrected PCCD 9/17/19

9/18/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  717 credit score exceeds minimum required of 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $72,378.66 or 37.11 months of reserves.Required P&I Reserves are $1,950.36 x 12 = $23,404.32.

Complete

430531509

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.18.19 Updated value received, appraised value supported.

09.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  717 credit score exceeds minimum required of 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $72,378.66 or 37.11 months of reserves.Required P&I Reserves are $1,950.36 x 12 = $23,404.32.

Complete

430531510

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Active

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Summaries of Transactions, Section K, Adjustments for items Paid By Seller in Advance: Assessments & Credit with Association (lines 11 and12) are missing date range for values  paid by borrower.

(No Data)

(No Data)

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 782 exceeds guideline requirement of 700. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Borrower has 0x30 credit history on all accounts for 16 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $37,221.97 exceeds guideline requirement of $19,107.60

Complete

430531511

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/23/2019 Received PCCD from client

9/23/2019 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  795 credit score exceeds minimum required of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $65,154.02 or 23.56 months of reserves. Required P&I Reserves are $2788.30 x 12 = $33,459.60. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.72% DTI is below maximum of 49%.

Complete

430531512

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC2340

Employment verification does not meet guidelines

No

Missing business license for past 2 years or documentation that borrower does not require license as required by guidelines.

10.24.19 Received CPa clarifying No license required for business

10.24.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 75% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 682 exceeds the minimum  fico of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 24.58% is below the max dti of 49%

Complete

430531512

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.01.19 Updated value received, appraised value supported.

10.01.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 75% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 682 exceeds the minimum  fico of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 24.58% is below the max dti of 49%

Complete

430678898

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.04.19 Updated value received, appraised value supported.

11.04.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 8 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 763, minimum allowed is 680 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at his primary residence for the past 10 years

Complete

430531515

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.19.19 Received PCCD from client

9.19.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  738 credit score exceeds minimum required of 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $48,824.32 or 15.03 months of reserves. Required P&I Reserves are $3247.83 x 12 = $38,973.96 CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.94% DTI is below maximum of 49%.

Complete

430531516

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $94,522.55 or 82.26  months of P&I.Required P&I Reserves are $1,149.64 x 12 months P&I =$13,795.68. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 74.90 is below the guideline max of 80.00. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 33.29 is below the guideline requirement of 49.00%.

Complete

430678899

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $46,416.55 or 24.37 months of P&I.Required P&I Reserves are $1,903.90 x 12 = $22,846.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 787; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 41.10%; max allowable is 49%.

Complete

430531517

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.25.19 Updated value received, appraised value supported.

09.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Reserves of $30,838.40 or 11.31 months P&I. P&I Reserves $2726.82 x 6 months P&I are $16,360.92 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65% is below the max LTV of 70% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 15 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided in current residence for 13 years

Complete

430531518

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 credit score exceeds minimum of 720 with a 80% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $29,661.62 or 17.71 months P&IP&I Reserves  $1675.13 x 12 months P&I are $20,101.56 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 35.53%; max is 49%.

Complete

430531520

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Missing leases for XXX , CA.

9.27.19 - Received Lease for XXXMissing Lease for XXX to support total rental income used of $5,700 from property9.30.19 Received Lease for XXX supporting rental income.

9.27.19 Exception Not Satisfied9.30.0.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum score is 680.  Borrower's qualifying score is 744. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  6 months of P&I is required; borrower has 14 months of P&I.

Complete

430531520

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum score is 680.  Borrower's qualifying score is 744. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  6 months of P&I is required; borrower has 14 months of P&I.

Complete

430497229

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC2408

Income verification does not meet guidelines

No

Missing Written Verification of Employment for B1 verifying a base income of $4,000 and Commission of $4,300 per month.

9.13.19 - Received WVOE supporting monthly income of $4,000.00 and Commissions of $4,300.00

9.13.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  688 credit score exceeds minimum of 660 with an 70% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 75% with a 688 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $33,038.31 or 16.13 months of P&I. Required P&I Reserves are $2048.68 x 6 = $12,292.08 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.78%; Max is 49%.

Complete

430497229

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.13.19 Updated value received, appraised value supported.

09.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  688 credit score exceeds minimum of 660 with an 70% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 75% with a 688 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $33,038.31 or 16.13 months of P&I. Required P&I Reserves are $2048.68 x 6 = $12,292.08 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.78%; Max is 49%.

Complete

430531521

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.19.19 Updated value received, appraised value supported.

09.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  800 credit score exceeds 720 CFCFS1737: LTV below guideline requirements - Clayton Comments:  52.58% LTV is below max of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $18,285.12 or 13.37 months P&I exceed 6 months P&I of $8,204.04

Complete

430668603

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric non-material error per CD issued xx/xx/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

10/30/19 Lender provided corrected PCCD 10/25/19

10/30/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  734 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 44.07%; Max is 49%.

Complete

430668603

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Non-material numeric error: CD: xx/xx/xxxx Other Costs: Section H: "Other"  -Home Warranty listed payee as Tbd.

10/30/19 Lender provided corrected PCCD xx/x/x/xxxx

10/30/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  734 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 44.07%; Max is 49%.

Complete

430531522

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4282

TRID - CD: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Cash to close LE: xx/xx/xxxx Down Payment/ Funds from Borrower  value of $xxxx does not match CD: xx/xx/xxxx Down Payment/ Funds from Borrower   value for LE of $0.

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 38.96 is below the guideline requirement of 49.00%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  3 trade lines currently open.Longest active trade line is 105 months with 0x30 with 73 months reviewed. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $53,354.77 or 25.91 months P&I.Required P&I Reserves are $2,059.05 x 12 months P&I = $24,708.60

Complete

430531522

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-material numeric error: Final CD xx/xx/xxxx Calculating Cash to Close: Total Closing Costs (J) value of  $xxxx does not equal LE issued xx/xx/xxxx Calculating Cash to Close: Total Closing Cost (J) value of  xxxx. Can be corrected with subsequent CD within 60 days of the transaction date.

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 38.96 is below the guideline requirement of 49.00%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  3 trade lines currently open.Longest active trade line is 105 months with 0x30 with 73 months reviewed. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $53,354.77 or 25.91 months P&I.Required P&I Reserves are $2,059.05 x 12 months P&I = $24,708.60

Complete

430531522

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-material numeric error per Final CD xx/xx/xxxx Section Calculating cash to close - Loan Estimate value of $xxxx does not match LE issued LE xx/x/x/xxxxection Calculating cash to close, Estimated Cash to Close value of $xxxx. Can be corrected with subsequent CD within 60 days of the transaction date.

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 38.96 is below the guideline requirement of 49.00%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  3 trade lines currently open.Longest active trade line is 105 months with 0x30 with 73 months reviewed. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $53,354.77 or 25.91 months P&I.Required P&I Reserves are $2,059.05 x 12 months P&I = $24,708.60

Complete

430531522

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4311

TRID - CD: The value for Adjustments and Other Credits in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-material numeric error: CD xx/xx/xxxx Calculating Cash to Close: Adjustments and Other Credits - Loan Estimate, Value: $0 does not equal LE xx/xx/xxxx Calculating Cash to Close: Adjustments and Other Credits, Value: -$7500. Can be corrected with subsequent CD within 60 days of the transaction date.

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 38.96 is below the guideline requirement of 49.00%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  3 trade lines currently open.Longest active trade line is 105 months with 0x30 with 73 months reviewed. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $53,354.77 or 25.91 months P&I.Required P&I Reserves are $2,059.05 x 12 months P&I = $24,708.60

Complete

430531522

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing the Seller's CD

9.26.19 Received seller CD

9.26.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 38.96 is below the guideline requirement of 49.00%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  3 trade lines currently open.Longest active trade line is 105 months with 0x30 with 73 months reviewed. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers post close assets are $53,354.77 or 25.91 months P&I.Required P&I Reserves are $2,059.05 x 12 months P&I = $24,708.60

Complete

430531523

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Dwelling coverage is $xxxx, loan amount is $xxxx.  Provide evidence of sufficient dwelling coverage

10.1.19 - Received Documentation from  XXX stating borrower has 100% Replacement Cost

10.1.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $470,393.04 or 173.56 months of P&I; Required P&I Reserves are $2710.26x6=$16,261.56 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 660; qualifying credit score is 718 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 43.82%

Complete

430531523

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $470,393.04 or 173.56 months of P&I; Required P&I Reserves are $2710.26x6=$16,261.56 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 660; qualifying credit score is 718 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 43.82%

Complete

430531524

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 687 exceeds the minimum  FICO of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.88% is below the max DTI of 49%. CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 6 years

Complete

430531524

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 687 exceeds the minimum  FICO of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.88% is below the max DTI of 49%. CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 6 years

Complete

430531525

XXXXXX

CA

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Insurance coverage of $xxxx does not meet XXX requirement (principal balance of $xxxx or replacement cost).  Insurance provider's replacement cost estimate not provided.

9.30.19 Received RCE and supports Policy (97.98% of RCE Value of xxx)

9.30.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 779 exceeds the minimum  fico of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 41.74% is below the max dti of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 22 years

Complete

430531526

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4282

TRID - CD: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

10.2.19 Received PCCD from client.

10.2.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 29.64% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $9,777.94 or 12.17 months P&I P&I Reserves  $803.56 x 6 months P&I are $4,821.36

Complete

430531526

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4284

TRID - CD: The value for Seller Credits in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Seller Credits in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($-4,385).

10.2.19 Received PCCD from client.

10.2.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 29.64% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $9,777.94 or 12.17 months P&I P&I Reserves  $803.56 x 6 months P&I are $4,821.36

Complete

430531526

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

10.2.19 Received PCCD from client.

10.2.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 29.64% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $9,777.94 or 12.17 months P&I P&I Reserves  $803.56 x 6 months P&I are $4,821.36

Complete

430531526

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

10.2.19 Received PCCD from client.

10.2.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 29.64% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $9,777.94 or 12.17 months P&I P&I Reserves  $803.56 x 6 months P&I are $4,821.36

Complete

430531526

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

10.03.19 Updated value received, appraised value supported.

10.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 29.64% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $9,777.94 or 12.17 months P&I P&I Reserves  $803.56 x 6 months P&I are $4,821.36

Complete

430531527

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

Credit

Assets

Active

B

B

B

B

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Assets: Borrower's Post Close Assets are $32,972.75 or 11.63 months of P&I.Required P&I Reserves are $2,834.85 x 12= $34,018.20 months P&I. Short reserves of $1,045.45

(No Data)

Upon further review by Senior Underwriter, exception deemed non-material due to 751 credit score and 40.16% DTI.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 751 is above the guideline requirement of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments:  The LTV of 75% is below the guideline max of 80% with a 751 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $186,172.75 exceeds the guideline requirement for $17,009.10. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.16%; Max is 49%.

Complete

430531527

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 751 is above the guideline requirement of 700. CFCFS1737: LTV below guideline requirements - Clayton Comments:  The LTV of 75% is below the guideline max of 80% with a 751 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $186,172.75 exceeds the guideline requirement for $17,009.10. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.16%; Max is 49%.

Complete

430531528

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Credit report shows 0x30x89, guides require 0x30x12 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 814; minimum required score is 700. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Subject LTV is 48.89%; max allowable is 70%.

Complete

430531528

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Credit report shows 0x30x89, guides require 0x30x12 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 814; minimum required score is 700. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Subject LTV is 48.89%; max allowable is 70%.

Complete

430531528

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Loan Costs, Section C. Services Borrower Did Shop For: Recording Service Fee (line 01) missing "Title" in front of the name, as it is paid to the Title Company.

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Credit report shows 0x30x89, guides require 0x30x12 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 814; minimum required score is 700. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Subject LTV is 48.89%; max allowable is 70%.

Complete

430531528

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing CDA to support original appraised value of $xxxx.

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Credit report shows 0x30x89, guides require 0x30x12 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 814; minimum required score is 700. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Subject LTV is 48.89%; max allowable is 70%.

Complete

430531529

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Real Estate Broker fees for the Borrower and Seller are missing from the Seller-Paid column of the final CD.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 721, minimum allowed is 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.75% DTI is below maximum of 49%.

Complete

430531529

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

10.1.19 Received PCCD from client.

10.1.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 721, minimum allowed is 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.75% DTI is below maximum of 49%.

Complete

430531529

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 721, minimum allowed is 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below maximum of 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.75% DTI is below maximum of 49%.

Complete

430765378

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $128,997.86 or 60.42 months of P&I.Required P&I Reserves are $2,134.89 x 12 = $25,618.68. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 10.39%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 717; minimum required score is 700.

Complete

430765379

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $131,295.87 or 55.99 months of P&I.Required P&I Reserves are $2,344.97 x 12 = $28,139.64. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 717; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 10.64%; max allowable is 49%.

Complete

430531530

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error: Section: Other Home Warranty Plan and Natural Hazard Disclosure Report Fee, missing the Payee

9.27.19 Received PCCD from client.

9.27.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 43.26 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 706 Guidelines allow 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months of reserves. B1 has a total of $34,542.75 or 13.86 months

Complete

430531530

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing Updated Valuation

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 43.26 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 706 Guidelines allow 700 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months of reserves. B1 has a total of $34,542.75 or 13.86 months

Complete

430668605

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other: Natural Hazards Disclosure fee (line 02) identifies the payee as "TBD".

10.16.19 Received PCCD from client.

1.16.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  775 credit score exceeds minimum of 720 per guidelines with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.92%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $19,522.37 or 20.69 months of P&IRequired P&I Reserves are $943.73 x 12 = $11,324.76.

Complete

430668605

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

10.16.19 Received seller cd from client.

10.16.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  775 credit score exceeds minimum of 720 per guidelines with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 37.92%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $19,522.37 or 20.69 months of P&IRequired P&I Reserves are $943.73 x 12 = $11,324.76.

Complete

430531531

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-material numeric error: CD xx/xx/xxxx- Other Costs: Recording Fees missing the Recording itemization

9/27/19 Lender provided corrected PCCD 9/23/19

9/27/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 640.  Borrower's qualifying score of 727. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Reserves: Post closing assets of $217,812.40/$2,250.75=96.77 months of P&I, 6 months is required

Complete

430531531

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 640.  Borrower's qualifying score of 727. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Reserves: Post closing assets of $217,812.40/$2,250.75=96.77 months of P&I, 6 months is required

Complete

430668607

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

10/3/19-Lender provided corrected PCCD 10/2/19

10/3/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 26.54%; Max is 49%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x30 prior 32 months mortgage history per credit report. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  734 credit score exceeds minimum required of 720.

Complete

430531532

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Application

Satisfied

D

A

D

A

CRDAPP3822

Missing or incomplete documentation related to citizenship/residency

No

Application states borrower is a permanent resident alien.  Missing resident alien card.  Only employment authorization card in file.

10.7.19 Corrected 1003 received showing borrower is not a Perm Resident Alien, However the Final 1003 is not signed.When there is a change in the Declarations section of the 1003 the corrected 1003 must be signed by borrower10.09.19 Received Corrected signed 1003

10.7.19 - Exception not satisfied10.09.19 Exception Satisifed

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 714 exceeds the guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.96 is below the guideline requirement of 49.00. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $28,263.29 exceeds guideline requirement of $24,528.48.

Complete

430531532

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 714 exceeds the guideline of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.96 is below the guideline requirement of 49.00. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $28,263.29 exceeds guideline requirement of $24,528.48.

Complete

430531533

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Natural Hazards Disclosure (line 01) lists "TBD" as the payee.

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $75,708.57 or 21.48 months of P&I; Required P&I Reserves are $3523.89x6=$21,143.34. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 34.63%

Complete

430531533

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.27.19 Updated value received, appraised value supported.

09.27.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $75,708.57 or 21.48 months of P&I; Required P&I Reserves are $3523.89x6=$21,143.34. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 34.63%

Complete

430531535

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-numerical error per closing CD xx/x/x/xxxx - Other Costs, Section H. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

10/3/19 Lender provided corrected PCCD 9/25/19

10/3/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.73%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $56,257.90 or 21.50 months of P&IRequired P&I Reserves are $2,616.71 x 12 = $31,400.52 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  All borrowers must have a minimum credit score of 720. Borrower has credit score of 762.

Complete

430531536

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of  XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

9/27/19 Lender provided corrected PCCD 9/24/19

9/27/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 30 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned and resided in subject property for 18 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage payment history is 0x30x20; guidelines allow 1x30x12. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $67,357.86 or 31.66 months of P&IRequired P&I Reserves are $2,127.60 x 6 = $12,765.60 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 809; guidelines require 720 for Interest Only. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 36%; guidelines allows 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50%; Max is 70% for Interest Only.

Complete

430531536

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of  XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

9/27/19 Lender provided corrected PCCD 9/24/19

9/27/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 30 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned and resided in subject property for 18 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage payment history is 0x30x20; guidelines allow 1x30x12. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $67,357.86 or 31.66 months of P&IRequired P&I Reserves are $2,127.60 x 6 = $12,765.60 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 809; guidelines require 720 for Interest Only. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 36%; guidelines allows 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50%; Max is 70% for Interest Only.

Complete

430531536

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Active

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table ($-22,445.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($-17,495).

(No Data)

(No Data)

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 30 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned and resided in subject property for 18 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage payment history is 0x30x20; guidelines allow 1x30x12. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $67,357.86 or 31.66 months of P&IRequired P&I Reserves are $2,127.60 x 6 = $12,765.60 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 809; guidelines require 720 for Interest Only. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 36%; guidelines allows 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50%; Max is 70% for Interest Only.

Complete

430531536

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Active

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CD xx/x/x/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

(No Data)

(No Data)

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 30 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned and resided in subject property for 18 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage payment history is 0x30x20; guidelines allow 1x30x12. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $67,357.86 or 31.66 months of P&IRequired P&I Reserves are $2,127.60 x 6 = $12,765.60 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 809; guidelines require 720 for Interest Only. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 36%; guidelines allows 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50%; Max is 70% for Interest Only.

Complete

430531536

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/27/19 Lender provided corrected PCCD 9/24/19

9/27/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 30 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned and resided in subject property for 18 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage payment history is 0x30x20; guidelines allow 1x30x12. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $67,357.86 or 31.66 months of P&IRequired P&I Reserves are $2,127.60 x 6 = $12,765.60 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 809; guidelines require 720 for Interest Only. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 36%; guidelines allows 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50%; Max is 70% for Interest Only.

Complete

430531536

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Per new XXX guidelines borrower must have coverage for 80% of the appraised value if no estimated cost to rebuild from insurance company in file. Insurance coverage is $xxxx; required $xxxx x .80= $xxxx.

9.30.19 - Received RCE

9.30.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 30 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned and resided in subject property for 18 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage payment history is 0x30x20; guidelines allow 1x30x12. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $67,357.86 or 31.66 months of P&IRequired P&I Reserves are $2,127.60 x 6 = $12,765.60 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 809; guidelines require 720 for Interest Only. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 36%; guidelines allows 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50%; Max is 70% for Interest Only.

Complete

430531536

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 30 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned and resided in subject property for 18 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage payment history is 0x30x20; guidelines allow 1x30x12. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $67,357.86 or 31.66 months of P&IRequired P&I Reserves are $2,127.60 x 6 = $12,765.60 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 809; guidelines require 720 for Interest Only. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 36%; guidelines allows 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50%; Max is 70% for Interest Only.

Complete

430531537

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

A

A

D

A

D

A

C

A

A

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing the Seller's CD from file.

9.27.19 Received seller CD from client.

9.27.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower Post Close Assets are $224,205.68 or 21.82 months of P&IRequired P&I Reserves are $10,275.47 x 12 = $123,305.64 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 13 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 17.70 / 33.14, maximum allowed is 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 798, minimum allowed is 700

Complete

430531537

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

A

A

D

A

D

A

C

A

A

A

D

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

HOI is insufficient current policy amount is $xxxx

9.26.19 Received Rebuild Cost Estimate of $517,000.00, HIO policy is for $1,089,440.00

9.26.19 Exception Cleared

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower Post Close Assets are $224,205.68 or 21.82 months of P&IRequired P&I Reserves are $10,275.47 x 12 = $123,305.64 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 13 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 17.70 / 33.14, maximum allowed is 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 798, minimum allowed is 700

Complete

430531538

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.30.19 Received PCCD from client.

9.30.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 46.12 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 702, minimum allowed is 680

Complete

430531538

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Assets: Borrower's Post Close Assets are $23,424.39 or 7.42 months of P&I reserves.Required P&I Reserves are $3,156.94 x 12 = $37,883.28LTV over 70% requires 12 months P&I Reserves

10.8.19 Lender provided additional assets to meet reserve requirement

10.8.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 46.12 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 702, minimum allowed is 680

Complete

430531538

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Missing Insurance Rebuild Cost Estimate

10.2.19 RCE Received supporting HOI Policy in File for $284,500.00

10.2.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 46.12 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 702, minimum allowed is 680

Complete

430531538

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing Updated Valuation

09.30.19 Updated value received, appraised value supported.

09.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 46.12 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 702, minimum allowed is 680

Complete

430531539

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-material numeric error: CD xx/xx/xxxx Other Costs: Recording Fee missing the itemization

9.27.19 Received PCCD from client.

9.27.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 755; guidelines require 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.35%; guidelines allow 49%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage payment history is 0x30x24; guidelines allow 1x30x12.

Complete

430531539

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

CD xx/xx/xxxx shows cash out, loan approved as rate/term.

10.3.19 Received PCCD which supports rate and Term

10.3.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 755; guidelines require 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.35%; guidelines allow 49%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage payment history is 0x30x24; guidelines allow 1x30x12.

Complete

430531539

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.25.19 Updated value received, appraised value supported.

09.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 755; guidelines require 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.35%; guidelines allow 49%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage payment history is 0x30x24; guidelines allow 1x30x12.

Complete

430531540

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric non-material error per final CD xx/xx/xxxx Other Costs E Taxes and Other Government Fees Recording Fee is missing itemization for Deed/Mortgage.

9/30/19-Lender provided corrected PCCD 9/24/19

9/30/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $24,304.72 or 18.15 months of P&IRequired P&I Reserves are $1,339.45 x 6 = $8,036.70 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 25.81%; max allowable is 49%.

Complete

430531540

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $24,304.72 or 18.15 months of P&IRequired P&I Reserves are $1,339.45 x 6 = $8,036.70 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 25.81%; max allowable is 49%.

Complete

430531541

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.19.19 Updated value received, appraised value supported.

09.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  692 fico exceeds 680 CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below 65%

Complete

430531542

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

10/2/19 Lender provided corrected PCCD 10/2/19

10/2/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below maximum of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 25.32 is below the guideline requirement of 49.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 671 exceeds the guideline requirement of 650.

Complete

430531542

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Special Hazard Disclosure fee(line 04) identifies the payee as "TBD".

10/3/19 Lender provided corrected PCCD 10/2/19

10/3/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below maximum of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 25.32 is below the guideline requirement of 49.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 671 exceeds the guideline requirement of 650.

Complete

430531542

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

A

N/A

A

CMPTRID4242

TRID - CD: The Paid Already by or on Behalf of Borrower at Closing amount disclosed in the CD Summary of Transactions section does not equal its component parts

No

Non material numeric error: Lender provided PCCD xx/xx/xxxx Summaries of Transactions: Section L: Paid Already by or on Behalf of Borrower at Closing value of $xxxx does not equal calculated value of $xxxx, difference of $87,000

10/15/19 Lender responded PCCD 10/2/19 addendum shows missing $87,000

10/15/19 Exception satisfied

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below maximum of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 25.32 is below the guideline requirement of 49.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 671 exceeds the guideline requirement of 650.

Complete

430531542

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Credit

Assets

Satisfied

C

A

C

A

CRDAST205

Insufficient Funds to Close

No

Funds for closing are insufficient by $244.45.  $xxxx required per CD. Borrower has $136,705.10 in total assets including $102,000 in gifts wired to escrow.

10/3/19 Lender provided corrected PCCD 10/2/19

10/3/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below maximum of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 25.32 is below the guideline requirement of 49.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 671 exceeds the guideline requirement of 650.

Complete

430531542

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Missing evidence of 6 months P&I reserves ($1339.70 x 6 = $8038.20). Verified $60.20 in assets

10.15.19 - lender provide breakdown in assets.

10.15.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below maximum of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 25.32 is below the guideline requirement of 49.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 671 exceeds the guideline requirement of 650.

Complete

430531542

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.27.19 Updated value received, appraised value supported.

09.27.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below maximum of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 25.32 is below the guideline requirement of 49.00. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 671 exceeds the guideline requirement of 650.

Complete

430531543

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric non-material error per final CD issued 09/12/2019 - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.27.19 Received pccd from client

9.27.19 exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 54.55 is below the guideline allowable 80.00 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 783 exceeds the guideline requirement of 640. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $47,472.46 exceeds the reserve requirement of $14,472.

Complete

430531543

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

No updated valuation found in the file.

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 54.55 is below the guideline allowable 80.00 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 783 exceeds the guideline requirement of 640. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $47,472.46 exceeds the reserve requirement of $14,472.

Complete

430668612

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing 3rd party valuation.

10.29.19 Updated value received, appraised value supported.

10.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has $177,923.97 verified post-closing assets, or 64.52 months PITI reserves; minimum 6 months P&I reserves required per guideline. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI 41.42%; maximum DTI allowed per guideline is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower qualifying credit score 792; minimum required per guideline is 680.

Complete

430531544

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric non material error per final CD issued xx/xx/xxxx Other Costs, Taxes and Other government fees, recording fee is missing itemization.

9/30/19-Lender provided corrected PCCD 9/24/19

9/30/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 50.96% is below the max LTV of 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 41.92% is below the max DTI of 49% CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 12 years

Complete

430531544

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

Non numeric material error per final CD issued xx/xx/xxxx, Loan Disclosures, Escrow Account is missing reason selection.

9/30/19-Lender provided corrected PCCD 9/24/19

9/30/19-Exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 50.96% is below the max LTV of 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 41.92% is below the max DTI of 49% CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 12 years

Complete

430531544

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 50.96% is below the max LTV of 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 41.92% is below the max DTI of 49% CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 12 years

Complete

430668616

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Transaction Information Section: Missing Seller's address from the CD.

10.10.19 Received pccd from client.

10.10.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $21,396.08 or 20.35 months of P&I. Required P&I Reserves are $1,050.97 x 12 = $12,611.64. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 816; minimum required score is 720. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years.

Complete

430709271

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

11/8/19 Lender provided corrected PCCD 11/6/19 showing a disbursement date of XXX

Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $70,978.45 or 14.49 months of P&I.Required P&I Reserves are $4,897.18 x 12 = $58,766.16. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 693; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 29.24%; max allowable is 49%.

Complete

430709271

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

11/8/19 Lender provided corrected PCCD 11/6/19 showing a disbursement date of XXX

11/8/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $70,978.45 or 14.49 months of P&I.Required P&I Reserves are $4,897.18 x 12 = $58,766.16. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 693; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 29.24%; max allowable is 49%.

Complete

430709271

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $70,978.45 or 14.49 months of P&I.Required P&I Reserves are $4,897.18 x 12 = $58,766.16. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 693; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 29.24%; max allowable is 49%.

Complete

430709272

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is after the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  760 Fico exceeds 700 mid score. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 5.5 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close assets $77,149.11 or 19.66 months P&I.Required $3,925.06 x 12 = $47,100.72

Complete

430709272

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  760 Fico exceeds 700 mid score. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 5.5 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close assets $77,149.11 or 19.66 months P&I.Required $3,925.06 x 12 = $47,100.72

Complete

430709272

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  760 Fico exceeds 700 mid score. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 5.5 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close assets $77,149.11 or 19.66 months P&I.Required $3,925.06 x 12 = $47,100.72

Complete

430709272

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Post Close assets $39,601.35 or 10.08 months P&I. Required P&I is $3,925.06 x 12=$47,100.72. Which means short by $7,499.37.

12.10.19 - Received  the PCCD which cleared all Asset Shortage

12.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  760 Fico exceeds 700 mid score. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 5.5 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close assets $77,149.11 or 19.66 months P&I.Required $3,925.06 x 12 = $47,100.72

Complete

430531545

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9/27/19 Lender provided corrected PCCD 9/24/19

9/27/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 61.35%, Guidelines allow 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 37.64%, Guidelines allow 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 708, Guidelines allow 650 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 6 months of reserves. B1 has a total of $59,267.62or 16.90 months.

Complete

430531545

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

Missing final signed application

9.27.19 Received executed Final 1003

9.27.19 - Exception is satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 61.35%, Guidelines allow 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 37.64%, Guidelines allow 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 708, Guidelines allow 650 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 6 months of reserves. B1 has a total of $59,267.62or 16.90 months.

Complete

430531545

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.25.19 Updated value received, appraised value supported.

09.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 61.35%, Guidelines allow 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 37.64%, Guidelines allow 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 708, Guidelines allow 650 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower is required to have 6 months of reserves. B1 has a total of $59,267.62or 16.90 months.

Complete

430497231

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

CD xx/x/x/xxxx - Other Costs, Section H. Other - Pest Inspection fee (line 03) lists the payee as "TBD".

9.13.19 Received pccd from client.

9.13.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 5.5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 FICO exceeds 700 minimum with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  35.77% DTI is below max DTI 49%

Complete

430497231

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.13.19 Received pccd from client.

9.13.19 exception satisfied.

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 5.5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 FICO exceeds 700 minimum with an 80% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  35.77% DTI is below max DTI 49%

Complete

430531546

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 736 exceeds the minimum requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 36.74 is below the guideline max of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $164,127.69 exceeds the guideline requirement of $57,644.64

Complete

430531547

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non material numeric errors: CD xx/xx/xxxx Other Costs: Recording Fee missing the itemization for $xxxx

9/27/19-Lender provided corrected PCCD 9/23/19

9/27/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 757; minimum required score is 720. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 35.23%; max allowable is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $72,261.38 or 23.40 months of P&IRequired P&I Reserves are $3,088.77 x 12 = $37,065.24

Complete

430531547

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Per XXX guidelines borrower must have coverage for 80% of the appraised value if no estimated cost to rebuild from insurance company in file. Insurance coverage is $xxxx; required $xxxx x .80= $xxxx.

9.27.19 Received Insurance Agent response stating Policy in file is active10.1.19 Received RCE supports HOI

9.27.19 Exception Satisfied10.1.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 757; minimum required score is 720. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 35.23%; max allowable is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $72,261.38 or 23.40 months of P&IRequired P&I Reserves are $3,088.77 x 12 = $37,065.24

Complete

430668621

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Seller Paid fees; Doc Prep-WD, Escrow Fee, Tax Certificate, Water Tax Bill, HOA Document Fee, Title-State of Texas Policy Guarantee Fee, Title TIR Survey Amend End RES are all listed on the Seller CD dated xx/xx/xxxx and not on the Borrowers Final CD dated xx/xx/xxxx.

(No Data)

Condition Satisfied. The file contains the Sellers CD reflecting all charges paid by Seller. Fees have been included in the fee testing with no violation.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,955.62 or 21.68 months of P&I.Required P&I Reserves are $827.91 x 12 = $9,934.92. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 735; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 42.52%; max allowable is 49%.

Complete

430668621

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error: Final CD xx/x/x/xxxx Other Costs, Section H, Line 01 is missing the providers name.

10/28/19 Lender provided corrected PCCD 10/23/19

10/28/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,955.62 or 21.68 months of P&I.Required P&I Reserves are $827.91 x 12 = $9,934.92. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 735; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 42.52%; max allowable is 49%.

Complete

430668621

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Note and ARM rider reflect loan may be assumable during adjustable rate period.  CD shows loan may not be assumed.

10/28/19 Lender provided corrected PCCD 10/23/19

10/28/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,955.62 or 21.68 months of P&I.Required P&I Reserves are $827.91 x 12 = $9,934.92. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 735; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 42.52%; max allowable is 49%.

Complete

430668622

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - The final CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

10.17.19 Received PCCD from client

10.17.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  746 credit score exceeds minimum of 720 with an % LTV. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 27 months mortgage history per credit report; 12 months required. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $110,752.50 or  22.58 months of P&IRequired P&I Reserves are $4,905.70 x 12 = $58,868.40. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 8 years.

Complete

430531548

XXXXXX

UT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Assets

Satisfied

D

A

D

A

CRDAST2670

Asset documentation is insufficient per guideline requirements

No

Missing Statement for XXX #XXX supporting a balance of $xxxx

10.3.19 Received  XXX  account which is already accounted for, Still Missing XXX Account Statements10.7.19 Received XXX VOD covering a 4 month period supporting assets used

10.3.19 Exception NOT Satisfied10.7.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at departing residence for the past 20 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required Reserves:  $1,679.91 x 6 = $10,079.46Post Close Assets are $675,964.61 or 402.38 months of P&I CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 712, minimum allowed is 640

Complete

430531548

XXXXXX

UT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Missing Insurance Estimate Cost for rebuild

10.3.19 Received RCE, which supports HOI Policy in file

10.3.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at departing residence for the past 20 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required Reserves:  $1,679.91 x 6 = $10,079.46Post Close Assets are $675,964.61 or 402.38 months of P&I CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 712, minimum allowed is 640

Complete

430531548

XXXXXX

UT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Missing AVM for XXX

9.30.19 - Received AVM for XXX supporting value used in Inc Calc.

9.30.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at departing residence for the past 20 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Required Reserves:  $1,679.91 x 6 = $10,079.46Post Close Assets are $675,964.61 or 402.38 months of P&I CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 712, minimum allowed is 640

Complete

430531549

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

The initial CD xx/x/x/xxxx and the closing CD xx/x/x/xxxx - Other Costs, Section H. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.27.19 Received PCCD from client.

9.27.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close assets of $111,217.75 or 28.17 months P&I P&I Reserves  $3947.80 x 12 months P&I are $47,373.60 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.44%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 credit score  exceeds the minimum FICO of 700 with an 75% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 742 credit score.

Complete

430531549

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.25.19 Updated value received, appraised value supported.

09.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close assets of $111,217.75 or 28.17 months P&I P&I Reserves  $3947.80 x 12 months P&I are $47,373.60 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.44%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  742 credit score  exceeds the minimum FICO of 700 with an 75% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 742 credit score.

Complete

430678903

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is802, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 0.000 / 38.17%, maximum allowed is 49%

Complete

430678904

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11/5/19 Lender provided corrected PCCD 11/4/19

11/5/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 767, minimum allowed is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 20.30%, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Asset: Borrower's Post close Assets are $51,133.02 or 9.59 months of P&I reservesRequired P&I Reserves are $5,329.93 x6 = $31,979.58

Complete

430678904

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/5/19 Lender provided corrected PCCD 11/4/19

11/5/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 767, minimum allowed is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 20.30%, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Asset: Borrower's Post close Assets are $51,133.02 or 9.59 months of P&I reservesRequired P&I Reserves are $5,329.93 x6 = $31,979.58

Complete

430678904

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.04.19 Updated value received, appraised value supported.

11.04.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 767, minimum allowed is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 20.30%, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Asset: Borrower's Post close Assets are $51,133.02 or 9.59 months of P&I reservesRequired P&I Reserves are $5,329.93 x6 = $31,979.58

Complete

430668624

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

Credit

Terms/Guidelines

Waived

B

B

B

B

CRDTER3624

TX Equity loans are ineligible per guidelines

No

Texas cash out refinances are eligible for fixed rate mortgages only. Subject is 7/1 ARM

11.13.19- lender responded Our Compliance Team has confirmed this loan is eligible as a 7/1 ARM loan.  XXX has granted an exception

11.13.19 - non material B

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 31.37%; Max is 70% with a 784 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  784 credit score exceeds minimum of 650 for a cash out refinance with an LTV of 31.37%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 37 months mortgage history per credit report; 12 months required. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.47%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $738,457.08 or 169.72 months of P&IRequired P&I Reserves are $4,350.97 x 6 = $26,105.82.

Complete

430668624

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

10.23.19 Updated value received, appraised value supported.

10.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 31.37%; Max is 70% with a 784 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  784 credit score exceeds minimum of 650 for a cash out refinance with an LTV of 31.37%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 37 months mortgage history per credit report; 12 months required. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.47%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $738,457.08 or 169.72 months of P&IRequired P&I Reserves are $4,350.97 x 6 = $26,105.82.

Complete

430531550

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

10.7.19 Received two PCCDs however docs are for a different subject property/loan.10.7.19 Received PCCD from client.

10.7.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.61% DTI is below max 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  723 fico exceeds 700 fico score.

Complete

430531551

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

The file is missing an updated valuation.

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's credit score of 786 exceeds guideline requirement of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60.00% is below the guideline max of 70.00%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.97 is below the guideline requirement of 49.00.

Complete

430668631

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $109,326.95 or 14.30 months of P&I.Required P&I Reserves are $7,643.61 x 12 = $91,723.32. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 731; minimum required score is 690. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 43.56%; max allowable is 49%.

Complete

430678905

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.01.19 Updated value received, appraised value supported.

11.01.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $66,090.05 exceeds $7,988.82 required by guidelines. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 6 years. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Mortgage payment history is 0x30x38; guidelines allow 1x30x12.

Complete

430709276

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 765 exceeds the guideline requirement of 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  The borrower has been XXX as an insurance agent for 13.00 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 28.71 is below the guideline max allowed of 49.00%

Complete

430668633

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing 3rd party valuation.

10.28.19 Updated value received, appraised value supported.

10.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  753 Fico exceeds 720 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.66% DTI is below max of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has $50,649 post closing assets, or 18.79 months of subject PITI.Required PITI Reserves are $2,695.32 x 3 months = $ 8,085.96. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Subject LTV 44.16%; maximum LTV allowed per guideline is 80%.

Complete

430709277

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4282

TRID - CD: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-Material Numeric Error - CD xx/x/x/xxxx: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

11/21/19 Lender provided corrected PCCD 11/19/19

11/21/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $27,293.98 or 16.32 months of P&I.Required P&I Reserves are $1,673.15 x 12 = $20,077.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 762; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 29.33%; max allowable is 49%.

Complete

430709277

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-Material Numeric Error - CD xx/x/x/xxxx: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

11/21/19 Lender provided corrected PCCD 11/19/19

11/21/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $27,293.98 or 16.32 months of P&I.Required P&I Reserves are $1,673.15 x 12 = $20,077.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 762; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 29.33%; max allowable is 49%.

Complete

430709277

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-Material Numeric Error - CD xx/x/x/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

11/21/19 Lender provided corrected PCCD 11/19/19

11/21/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $27,293.98 or 16.32 months of P&I.Required P&I Reserves are $1,673.15 x 12 = $20,077.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 762; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 29.33%; max allowable is 49%.

Complete

430709277

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing the Seller's CD.

11/21/19 Lender provided Seller's CD

11/21/19 Exception satisfied

Not Applicable

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $27,293.98 or 16.32 months of P&I.Required P&I Reserves are $1,673.15 x 12 = $20,077.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 762; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 29.33%; max allowable is 49%.

Complete

430668634

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-numerical error:  The final CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

10/30/19 Lender provided corrected PCCD 10/28/19

10/30/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $72,303.83 or 30.45 months of P&I.Required P&I Reserves are $2,374.28 x 12 = $28,491.36. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 809; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 36.15%; max allowable is 49%.

Complete

430668635

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

CD xx-xx-xxxx Loan disclosures section assumption does not match the Arm note Dated XXX  or Arm rider dated XXX

10/24/19 Lender provided corrected PCCD 10/22/19

10/24/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 801 exceeds the minimum  FICO of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 4 years CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at current residence for 9 years

Complete

430668635

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Final CD xx-xx-xxxx Closing information Seller section Missing the address city and zip code.

10/24/19 Lender provided corrected PCCD 10/22/19

10/24/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 801 exceeds the minimum  FICO of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 4 years CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at current residence for 9 years

Complete

430668637

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

11/1/19 Lender provided corrected PCCD xx/x/x/xxxxith a disbursement date of XXX

11/1/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $118,623.37 or 35.04 months of P&I.Required P&I Reserves are $3,385.03 x 6 = $20,310.18. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 682; minimum required score is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 70%.

Complete

430668637

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

11/1/19 Lender provided a corrected PCCD 10/31/19

11/1/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $118,623.37 or 35.04 months of P&I.Required P&I Reserves are $3,385.03 x 6 = $20,310.18. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 682; minimum required score is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 70%.

Complete

430668637

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.30.19 Updated value received does not support the appraise value. Field review recommended.

10.30.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $118,623.37 or 35.04 months of P&I.Required P&I Reserves are $3,385.03 x 6 = $20,310.18. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 682; minimum required score is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 70%.

Complete

430668637

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Value

Satisfied

N/A

A

N/A

A

PRVAVALU5249

Property Value Not Supported

No

Updated value received does not support the appraise value. Field review recommended.

11.21.19 Received Response from Lender, which is not supportive. a 3rd party valuation  (Field Review) is still required since CDA could not determine value.11.26.19 Updated value received, appraised value supported.

11.21.19 Exception not satisfied (Waiting on Updated response on the CDA, after review of updated originating appraisal)11.26.19 Exception Satisfied.

Not Applicable

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $118,623.37 or 35.04 months of P&I.Required P&I Reserves are $3,385.03 x 6 = $20,310.18. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 682; minimum required score is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 70%.

Complete

430709278

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

11/8/19 Lender provided corrected PCCD 11/7/19

11/8/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 65% is below the max ltv of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 734 exceeds the minimum  fico of 690 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 12 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $320,957.33 or 48.53 months of P&I.Required Reserves are $6613.75 x 12 = $79,365.00.

Complete

430709278

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

11/8/19 Lender provided corrected PCCD 11/7/19

11/8/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 65% is below the max ltv of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 734 exceeds the minimum  fico of 690 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 12 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $320,957.33 or 48.53 months of P&I.Required Reserves are $6613.75 x 12 = $79,365.00.

Complete

430709278

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/8/19 Lender provided corrected PCCD 11/7/19

11/8/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 65% is below the max ltv of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 734 exceeds the minimum  fico of 690 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 12 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $320,957.33 or 48.53 months of P&I.Required Reserves are $6613.75 x 12 = $79,365.00.

Complete

430668640

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $30,967.55 or 20.05 months of P&I.Required P&I Reserves are $1,544.39 x 12 = $18,532.68. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 802; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 14.82%; max allowable is 49%.

Complete

430678906

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $57,181.59 or 46.19 months of P&I.Required P&I Reserves are $1,237.78 x 12 = $14,853.36. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 795; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 7.91%; max allowable is 49%.

Complete

430678907

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11/5/19 Lender provided corrected PCCD 11/4/19

11/5/19 Exception satisfied

Hybrid

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti  of 30.79% is below the max dti of 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 798 exceeds the minimum  fico of 700

Complete

430678907

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/5/19 Lender provided corrected PCCD 11/4/19

11/5/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti  of 30.79% is below the max dti of 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 798 exceeds the minimum  fico of 700

Complete

430668641

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other: Home Warranty fee (line 01) identifies the payee as "TBD".

10.31.19 Received PCCD from client.

10.31.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $46,184.32 or 26.98 months of PITI.Required PITI Reserves are $1,711.78 x 3 months = $5,135.34. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 6yrs 3mos tenure with current employer XXX, back to 7/25/2013. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI is 36.15%; maximum DTI allowed per guideline is 43%.

Complete

430668641

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

10.31.19 Received PCCD from client.

10.31.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $46,184.32 or 26.98 months of PITI.Required PITI Reserves are $1,711.78 x 3 months = $5,135.34. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 6yrs 3mos tenure with current employer XXX, back to 7/25/2013. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI is 36.15%; maximum DTI allowed per guideline is 43%.

Complete

430668642

XXXXXX

TX

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

The file is missing the REO page of the final application. The REO information was taken from the initial application, and supported by property detail reports in the file.

10.30.19 Received Final 1003 REO Schedule

10.30.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  The credit score of 741 exceeds the guideline requirement of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 23.16 is below the guideline requirement of 49.00%. CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has XXX for 14 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $123,538.13 exceed the guideline requirement of $4,844.70.

Complete

430668642

XXXXXX

TX

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

10.28.19 Updated value received, appraised value supported.

10.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  The credit score of 741 exceeds the guideline requirement of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 23.16 is below the guideline requirement of 49.00%. CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has XXX for 14 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $123,538.13 exceed the guideline requirement of $4,844.70.

Complete

430668643

XXXXXX

TX

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.28.19 Updated value received, appraised value supported.

10.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 14 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 11.88/29.65%, maximum DTI allowed is 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 741, minimum allowed is 680

Complete

430668644

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $25,632.77 or 16.68 months of P&I.Required P&I Reserves are $1,535.89 x 12 = $18,430.68. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 761; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 37.90%; max allowable is 49%.

Complete

430668645

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 809; minimum required score is 720. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 36.09%; max allowable is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $42,962.54 or 17.84 months of P&I.Required P&I Reserves are $2,407.43 x 12 = $28,889.16.

Complete

430678908

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  755 Fico exceeds 700 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  17.73% DTI is below max of 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  58.14% LTV is below 70% max LTV.

Complete

430668646

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Post Close Assets of $8,608.67 or 7.09 months P&I  P&I Reserves 1213.92 x 12 months P&I are $14,567.04. Short reserves of $5,958.37 or 4.91 months P&I. (EMD of $9,000 not sourced)

10.9.19 Received PCCD which resolved Reserve shortage

10.9.19 Exception Satisified

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 15.53% is below the max DTI of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 766 exceeds the minimum FICO of 700 with an 80% LTV. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in  profession for over 3 years

Complete

430668646

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.14.19 Updated value received, appraised value supported.

10.14.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 15.53% is below the max DTI of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 766 exceeds the minimum FICO of 700 with an 80% LTV. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in  profession for over 3 years

Complete

430678909

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.7.19 Received PCCD from client.

11.7.19 exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the guideline maximum of 80.00 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 764 exceeds the guideline requirement 680. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with his present employer for 6 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $86,489.55 or 37.73 months of P&I.Required P&I Reserves are $2,292.30 x12 months=$27,512.40.

Complete

430678909

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.7.19 Received PCCD from client.

11.7.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the guideline maximum of 80.00 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 764 exceeds the guideline requirement 680. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with his present employer for 6 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $86,489.55 or 37.73 months of P&I.Required P&I Reserves are $2,292.30 x12 months=$27,512.40.

Complete

430678909

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  Home Warranty fee (line 01) identifies the payee as "TBD".

11.7.19 Received PCCD from client.

11.7.19 exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the guideline maximum of 80.00 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 764 exceeds the guideline requirement 680. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with his present employer for 6 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $86,489.55 or 37.73 months of P&I.Required P&I Reserves are $2,292.30 x12 months=$27,512.40.

Complete

430678909

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

11.7.19 Received seller CD from client.

11.7.19 exception satisfied

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the guideline maximum of 80.00 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 764 exceeds the guideline requirement 680. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with his present employer for 6 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $86,489.55 or 37.73 months of P&I.Required P&I Reserves are $2,292.30 x12 months=$27,512.40.

Complete

430678909

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

File is missing an updated valuation.

11.04.19 Updated value received, appraised value supported.

11.04.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the guideline maximum of 80.00 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 764 exceeds the guideline requirement 680. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with his present employer for 6 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $86,489.55 or 37.73 months of P&I.Required P&I Reserves are $2,292.30 x12 months=$27,512.40.

Complete

430668648

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Assumption selection on the CD does not match the clause in the mortgage.

10.15.19 Received revised PCCD from client.

10.15.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  808 FICO exceeds 700 mid score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets $21,218.61 or 22.26 months P&IRequired P&I 953.11 x 12=$11,437.32.

Complete

430668648

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

10.14.19 Updated value received, appraised value supported.

10.14.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  808 FICO exceeds 700 mid score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets $21,218.61 or 22.26 months P&IRequired P&I 953.11 x 12=$11,437.32.

Complete

430709281

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

N/A

A

N/A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.14.19 Updated value received, appraised value supported.

11.14.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 27.11 is below the guideline allowable maximum. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 767 exceeds the guideline requirement of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is below the guideline max of 80.00%.

Complete

430668650

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Seller fees; Title-Courier, Title-E Recording, Title-Escrow, Title-Guarantee, Title-Tax Cert, Title-Wire, Title-Court research Fee for Copies, Title-Notary, Title-Release Prep, Title Special Warranty Deed, and Title Warranty Deed Prep Fee are all listed on the Seller CD dated xx/xx/xxxx but not Borrower final CD dated xx/xx/xxxx.

(No Data)

Condition Satisfied. The file contains the Sellers CD reflecting all charges paid by Seller. Fees have been included in the fee testing with no violation.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  771 credit score exceeds minimum of 700 with an LTV of 80%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Credit shows 0 x 30  37 monthsGuides require 0x30 12 months

Complete

430668650

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

Credit

Credit/Mtg History

Active

B

B

B

B

CRDCRMH3000

# of Tradelines Does Not Meet Guideline Requirements

No

2 trade lines with a monthly rating > 12 months; Guidelines require at least 3.

10.25.19 Lender provided Exception Approval for Trade lines

10.25.19 non-material B

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  771 credit score exceeds minimum of 700 with an LTV of 80%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Credit shows 0 x 30  37 monthsGuides require 0x30 12 months

Complete

430678912

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.31.19 Updated value received, appraised value supported.

10.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 705 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $183,878.21 or 56.16 mos P&I. P&I Reserves $3274.11 x 6 mos P&I are $19,644.66.

Complete

430678913

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Broker Commission fees for Borrower & Seller are missing from the Seller-Paid column on the final CD.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.00 is below the guideline max of 70.00. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 33.88% is below the guideline maximum of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $21,522.83 or 9.73 months of P&I.Required P&I Reserves are $2,210.54 x 6 months=$13,263.24.

Complete

430678913

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/5/19 Lender provided corrected PCCD 11/1/19

11/5/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.00 is below the guideline max of 70.00. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 33.88% is below the guideline maximum of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $21,522.83 or 9.73 months of P&I.Required P&I Reserves are $2,210.54 x 6 months=$13,263.24.

Complete

430678913

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.04.19 Updated value received, appraised value supported.

11.04.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.00 is below the guideline max of 70.00. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 33.88% is below the guideline maximum of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $21,522.83 or 9.73 months of P&I.Required P&I Reserves are $2,210.54 x 6 months=$13,263.24.

Complete

430678914

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4320

TRID - CD: The stated Closing Costs Financed (Paid from Your Loan Amount) amount in the CD Calculating Cash to Close section (Alt Version) does not equate to the amount based on the Reg's formula.

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Calculating Cash to Close: Closing Costs Financed (Paid from your Loan Amount) value of $xxxx does not equal calculated value of xxxx.

11.11.19 Received pccd from client.

11.11.19 Exception satisfied

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 45.76 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 680 Guidelines allow 640 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Borrower's Post Close Assets are $163,931.38 or 51.93 months of P&I reserves.Required P&I Reserves are $3,156.94 x 6 = $18,184.98

Complete

430678914

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.11.19 Received pccd from client.

11.11.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 45.76 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 680 Guidelines allow 640 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Borrower's Post Close Assets are $163,931.38 or 51.93 months of P&I reserves.Required P&I Reserves are $3,156.94 x 6 = $18,184.98

Complete

430678914

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.05.19 Updated value received, appraised value supported.

11.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 45.76 % Guidelines allow 49 % CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 680 Guidelines allow 640 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Borrower's Post Close Assets are $163,931.38 or 51.93 months of P&I reserves.Required P&I Reserves are $3,156.94 x 6 = $18,184.98

Complete

430709284

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

The file is missing an updated valuation.

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60% is below the guideline max of 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 18.54 is below the guideline max for foreign nationals of 43%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $435,641.14 exceeds the guideline requirement of $10,450.89.

Complete

430678916

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

Missing final 1003.

11.9.19 Received signed Final 1003

11.9.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $18,843.74 or 14.61months of P&I.Required P&I Reserves are $1,289.47 x 12 = $15,473.64. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 755; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 33.06%; max allowable is 49%.

Complete

430668657

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1736: Significant time at current residence - Clayton Comments:  5 years at current residence. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  11 years XXX CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 766; requires 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $412,706.49 or 162.19 months of P&I.

Complete

430678917

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  Home Warranty & Natural Hazard Disclosure fees (lines 01 & 02) identify the payees as "TBD".

11.7.19 Received PCCD from client.

11.7.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 credit score exceeds minimum of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.11% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $33,713.44 or 19.30 months of P&I. Required Reserves are $1771.50 x 12 = $21,258.

Complete

430678917

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.7.19 Received PCCD from client.

11.7.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 credit score exceeds minimum of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.11% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $33,713.44 or 19.30 months of P&I. Required Reserves are $1771.50 x 12 = $21,258.

Complete

430678917

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.7.19 Received PCCD from client.

11.7.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 credit score exceeds minimum of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.11% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $33,713.44 or 19.30 months of P&I. Required Reserves are $1771.50 x 12 = $21,258.

Complete

430678917

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR820

Flood Effective date is greater than the transaction date

No

Flood insurance effective date of 10/25/19 is after disbursement date of XXX

11.7.19 Received PPCD showing Disbursement date as XXX

11.7.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 credit score exceeds minimum of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.11% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $33,713.44 or 19.30 months of P&I. Required Reserves are $1771.50 x 12 = $21,258.

Complete

430678917

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR822

Insurance Effective date is greater than the transaction date

No

Insurance effective date of 10/25/19 is after disbursement date of XXX.

11.7.19 Received PPCD showing Disbursement date as XXX

11.7.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 credit score exceeds minimum of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.11% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $33,713.44 or 19.30 months of P&I. Required Reserves are $1771.50 x 12 = $21,258.

Complete

430765383

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

12.11.19 Received PCCD from client.

12.11.19 exception satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 11 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 13 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  24.40% DTI is below max 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  791 Fico exceeds 680 mid score CFCFS1737: LTV below guideline requirements - Clayton Comments:  43.72% LTV is below max 70%

Complete

430765383

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 11 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 13 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  24.40% DTI is below max 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  791 Fico exceeds 680 mid score CFCFS1737: LTV below guideline requirements - Clayton Comments:  43.72% LTV is below max 70%

Complete

430765383

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.11.19 Updated value received, appraised value supported.

12.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 11 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 13 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  24.40% DTI is below max 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  791 Fico exceeds 680 mid score CFCFS1737: LTV below guideline requirements - Clayton Comments:  43.72% LTV is below max 70%

Complete

430678918

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation to support appraised value.

11.05.19 Updated value received, appraised value supported.

11.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 65%. Loan LTV is at 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $53,312.58 or 10.36 months of PITIRequired PITI Reserves are $5,144.09 x 3 = $15,432.27Reserves for financed properties with a recent 12 month paid-as-agreed history may be waived. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 17 years.

Complete

430709287

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

11.27.19 Received seller cd

11.27.19 Exception satisfied

Not Applicable

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with current employer for the past 20 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 28.84%, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 65%, Maximum allowed is 70%

Complete

430709287

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.25.19 Updated value received, appraised value supported.

11.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with current employer for the past 20 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 28.84%, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 65%, Maximum allowed is 70%

Complete

430709288

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Assets: Borrower's Post Close Assets are $1,841.15 or 1.67 months of P&I.Required P&I Reserves are $1,097.54 x 6 = $6,585.24. Borrower is short Reserves in the amount of $4,744.09.

12.4.19 Received an additional personal acct  of borrower's XXX to satisfy Asset shortage

12.4.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 68.17%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 707; minimum required score is 660. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in same profession 27 years.

Complete

430709288

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Legal Documents

Satisfied

D

A

D

A

CRDLGL100

Legal document incorrect or incomplete

No

Lease agreement for XXX, CA. reflects fixed term lease beginning 3/1/19 and ending 2/29/19. Provided lease agreement with the corrected dates.

12.3.19 Received Lease with Corrected end date 2/2020

12.13.19 Exception Cleared

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 68.17%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 707; minimum required score is 660. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in same profession 27 years.

Complete

430709288

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.22.19 Updated value received, appraised value supported.

11.22.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 68.17%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 707; minimum required score is 660. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in same profession 27 years.

Complete

430668660

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  Conveyancing Fee (line 02) identifies the payee as "TBD".

10/30/19 Lender provided corrected PCCD 10/28/19

10/30/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  29.38% DTI is below maximum of 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  74.83% LTV is below maximum of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  726 credit score exceeds minimum of 680

Complete

430668660

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.29.19 Updated value received, appraised value supported.

10.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  29.38% DTI is below maximum of 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  74.83% LTV is below maximum of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  726 credit score exceeds minimum of 680

Complete

430668661

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error - The seller CD xx/x/x/xxxx loan costs section C line 1-6 fees, other costs section E line 1 fee, and other cost section H lines 1-3 fees are not located on the final CD xx/x/x/xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  35.51% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65% is below the max LTV of 70% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been on job 7 years and in profession of 18 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 13 years

Complete

430668661

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  Home Owners Warranty, Natural Hazard Report & Pest Inspection Fees (lines 04-06) identify the payees as "TBD".

11.4.19 Received pccd from client

11.4.19 exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  35.51% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65% is below the max LTV of 70% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been on job 7 years and in profession of 18 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 13 years

Complete

430668661

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.28.19 Updated value received, appraised value supported.

10.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  35.51% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65% is below the max LTV of 70% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been on job 7 years and in profession of 18 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 13 years

Complete

430709289

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.11.19 Received pccd from client.

11.11.19 exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $18,186.39 or 19.70 months of PITIA.Required PITIA Reserves are $923.08 x 3 = $2,769.24. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 744; minimum required score is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 34.39%; max allowable is 43%.

Complete

430709289

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing CDA to support the original appraised value of $xxxx.

11.07.19 Updated value received, appraised value supported.

11.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $18,186.39 or 19.70 months of PITIA.Required PITIA Reserves are $923.08 x 3 = $2,769.24. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 744; minimum required score is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 34.39%; max allowable is 43%.

Complete

430678921

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Missing evidence that taxes, insurance and association dues (if applicable) are included in the payment of $xxxx for the borrowers primary residence at XXX, CA.

11.21.19 Received Mtge State to support payment

11.21.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 762; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 26.09%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years.

Complete

430678922

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

State Consumer Protection

Active

B

B

B

B

CMPSTCP2129

MD Counseling Notice not in file

No

Missing MD Counseling Notice from file.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  688 Fico exceeds 680 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  44.46% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  54.13% LTV is below max of 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $33,083.14 or 17.04 months Required P&I is $1,941.93 x 6 months or $11,651.58.

Complete

430678922

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.14.19 Received pccd from client

11.14.19 exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  688 Fico exceeds 680 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  44.46% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  54.13% LTV is below max of 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $33,083.14 or 17.04 months Required P&I is $1,941.93 x 6 months or $11,651.58.

Complete

430678922

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.14.19 Received pccd from client

11.14.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  688 Fico exceeds 680 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  44.46% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  54.13% LTV is below max of 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $33,083.14 or 17.04 months Required P&I is $1,941.93 x 6 months or $11,651.58.

Complete

430678922

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.11.19 Updated value received, appraised value supported.

11.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  688 Fico exceeds 680 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  44.46% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  54.13% LTV is below max of 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $33,083.14 or 17.04 months Required P&I is $1,941.93 x 6 months or $11,651.58.

Complete

430678923

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  792 Fico exceeds 720 CFCFS1744: DTI below guideline requirement - Clayton Comments:  26.27% DTI is below 49% max

Complete

430709290

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

A

A

D

B

D

B

B

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.18.19 Received PCCD from client

11.18.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 43.97%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 786; minimum required score is 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Credit report shows 0x30x33, guidelines required 1x30x12.

Complete

430709290

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

A

A

D

B

D

B

B

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.18.19 Received PCCD from client

11.18.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 43.97%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 786; minimum required score is 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Credit report shows 0x30x33, guidelines required 1x30x12.

Complete

430709290

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

A

A

D

B

D

B

B

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing the Seller's CD.

11.19.19 Received seller cd from client.

11.19.19 Exception satisfied

Not Applicable

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 43.97%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 786; minimum required score is 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Credit report shows 0x30x33, guidelines required 1x30x12.

Complete

430709290

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

A

A

D

B

D

B

B

A

A

A

D

B

Credit

Assets

Satisfied

B

A

B

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Borrower's Post Close Assets are $43,765.27 or 11.77 months of P&I.Required P&I Reserves are $3,718.21 x 12 = $44,618.52. Borrower is short Reserves in the amount of $853.25

11.19.19 - Received PCCD which satisfied the Reserve Shortage

Upon further review exception is deemed non material due to 5 years XXX, 786 fico score exceeds 700, and 43.97% DTI below 49%.11.19.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 43.97%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 786; minimum required score is 700. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Credit report shows 0x30x33, guidelines required 1x30x12.

Complete

430709292

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

CD xx/x/x/xxxx - Zero tolerance fee, Appraisal-1004d $165.00, increased prior to closing without a valid reason or not timely disclosed.

11.13.19 Received valid coc from client for initial cd redisclosing 1004d fee.

11.13.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 57.52%; max allowable is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 809; minimum required score is 650. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 42.47%; max allowable is 49%.

Complete

430709292

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.11.19 Updated value received, appraised value supported.

11.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 57.52%; max allowable is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 809; minimum required score is 650. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 42.47%; max allowable is 49%.

Complete

430765384

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error  CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Property Taxes fee (line 04) is missing the number of months covered by value entered.

12.9.19 Received pccd from client

12.9.19 exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 51.72 is below the guideline maximum allowed of 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 724 exceeds the guideline minimum requirement. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $75,164.55 or 28.08 months PITIARequired PITIA Reserves are $2,676.46 x 3= $8,029.38.

Complete

430765384

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

There is no third party valuation in the file.

12.06.19 Updated value received, appraised value supported.

12.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 51.72 is below the guideline maximum allowed of 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 724 exceeds the guideline minimum requirement. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $75,164.55 or 28.08 months PITIARequired PITIA Reserves are $2,676.46 x 3= $8,029.38.

Complete

430668663

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric non material error per final CD issued xx/xx/xxxx, Other Costs, Recording fees not itemized.

10.23.19 Received PCCD from client

10.23.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.89 is below the guideline max of 49.00. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $43,119.90 exceeds the guideline requirement of $15,957.60. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Borrower has 0x30 reported over the prior 24 months

Complete

430709293

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.07.19 Updated value received, appraised value supported.

11.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $37,219.87 or 17.52 months of P&I. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit paid 0x30x99.

Complete

430668665

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  Title  Notary fee (line 06) identifies the payee as "TBD".

10.31.19 Received PCCD from client

10.31.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 745 is above the guideline requirement of 700. CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been in profession for 5 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 31.39 is below the guideline requirement of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $16,527.85 or 17.66 months of P&I.Required P&I Reserves are $935.72 x 12 months=$11,228.64

Complete

430709294

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.25.19 Updated value received, appraised value supported.

11.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70.11% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 765 exceeds the minimum  fico of 640 CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 40.45% is below the max dti of 49%

Complete

430668667

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

10.31.19 Received PCCD from client.

10.31.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  16.15% LTV is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below maximum of 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $28,961.29 or 28.42 months of P&I. Required Reserves are $1019.15 x 6 = $6114.90.

Complete

430668667

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.31.19 Updated value received, appraised value supported.

10.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  16.15% LTV is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below maximum of 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $28,961.29 or 28.42 months of P&I. Required Reserves are $1019.15 x 6 = $6114.90.

Complete

430678924

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error CD xx/x/x/xxxx Formatting Other Costs; Section E; Line 01 is missing the itemization for deed/mortgage fee of $xxxx.

10/28/19 Lender provided corrected PCCD 10/23/19

10/28/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $13,068.75 or 13.60 months of P&I.Required P&I Reserves are $960.89 x 12 = $11,530.68. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 734; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 45.75%; max allowable is 49%.

Complete

430678924

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error: CD xx/x/x/xxxx in the Loan Disclosures, Will Allow Assumption do not match the mortgage.

10/28/19 Lender provided corrected PCCD 10/23/19

10/28/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $13,068.75 or 13.60 months of P&I.Required P&I Reserves are $960.89 x 12 = $11,530.68. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 734; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 45.75%; max allowable is 49%.

Complete

430678924

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Non Numeric error: CD xx/x/x/xxxx Missing Seller CD and other documentation of seller paid fees outside.

10/28/19 Lender provided Seller's CD

10/28/19 Exception satisfied

Not Applicable

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $13,068.75 or 13.60 months of P&I.Required P&I Reserves are $960.89 x 12 = $11,530.68. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 734; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 45.75%; max allowable is 49%.

Complete

430678925

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric ErrorCD xx/x/x/xxxxOther Costs section "H" - line 01 identifies a value but who the fee is payable to is missing.

11.4.19 received pccd frp, client

11.4.19 exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  785 credit score exceeds minimum required of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  35.46% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $41,946.97 or 17.52 months of P&I. Required Reserves are $2393.64 x 12 = $28,723.68

Complete

430678927

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.11.19 Received pccd from client.

11.11.19 exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 8.89%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession 30 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 70%.

Complete

430678927

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.11.19 Received pccd from client.

11.11.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 8.89%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession 30 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 70%.

Complete

430678927

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Borrower's Post Close Assets are $13,201.08 or 5.26 months of P&I.Required P&I Reserves are $2,508.31 x 6 = $15,049.86. Borrower is short Reserves in the amount of $1,848.78.

12.9.19 Received additional Assets (XXX acct) to satisfy shortage

12.9.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 8.89%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession 30 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 70%.

Complete

430678927

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing CDA to support the original appraised value of xxxx.

11.07.19 Updated value received, appraised value supported.

11.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 8.89%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession 30 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 70%.

Complete

430678928

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error: Final CD: 10/15/2019- The Assumption selection in Loan Disclosures on CD is will not allow assumption of this loan." This selection does not match the assumption terms on Mortgage.

11.4.19 Received pccd from client.

11.4.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.43%; Max is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 70% Guidelines allow 80% with a credit score of 781. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 751 Guidelines allow 660 with an LTV of 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $57,638.91 or 14.48 months of P&I reserves. Required P&I Reserves are $3,978.68 x 6 = $23,872.08

Complete

430678928

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

The Seller-paid fees listed on the Final CD do not match the fees listed on the Sellers CD.

(No Data)

Condition Satisfied. The file contains the Sellers CD reflecting all charges paid by Seller. Fees have been included in the fee testing with no violation.

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.43%; Max is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 70% Guidelines allow 80% with a credit score of 781. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 751 Guidelines allow 660 with an LTV of 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $57,638.91 or 14.48 months of P&I reserves. Required P&I Reserves are $3,978.68 x 6 = $23,872.08

Complete

430678928

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing Updated Valuation

10.28.19 Updated value received, appraised value supported.

10.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.43%; Max is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 70% Guidelines allow 80% with a credit score of 781. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 751 Guidelines allow 660 with an LTV of 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $57,638.91 or 14.48 months of P&I reserves. Required P&I Reserves are $3,978.68 x 6 = $23,872.08

Complete

430678929

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Total insurance coverage of $xxxx does not meet XXX requirements due to being below loan amount of $xxxx and missing insurer's replacemet cost estimate.

11.9.19 Received RCE, supporting HOI policy

11.9.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.94% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  766 credit score exceeds minimum of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $481,085.03 or 159.39 months of P&I. Required Reserves are $3018.24 x 12 = $36,218.88.

Complete

430709296

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.20.19 Updated value received, appraised value supported.

11.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  30.88% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is below the max LTV of 75% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 695 exceeds the minimum  fico of 660 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years

Complete

430709297

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.21.19 Updated value received, appraised value supported.

11.21.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close assets $125,485.97 or 157.36 months P&I.Required P&I is 6 x $797.40=$4,784.40. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  703 credit score exceeds 700 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  30.59% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  22.54% LTV is below max 70%

Complete

430709298

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 16 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  738 fico exceeds 700 minimum. CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.46% DTI is below max 49%

Complete

430709299

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

12.4.19 Received PCCD from client.

12.4.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 16.62% is below the max dti of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided in current residence over 2 years

Complete

430668669

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

A

B

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Numeric Non Material Error: Seller paid fees per CD issued CD: xx/xx/xxxx do not match seller CD issued xx/xx/xxxx the following fees on the seller CD are missing from CD in the loan cost section: Title-Escrow fee $xxxx.

(No Data)

Condition Satisfied. The file contains the Sellers CD reflecting all charges paid by Seller. Fees have been included in the fee testing with no violation.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  The credit score of 775 exceeds the guideline minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 10.73 is below the guideline maximum of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $50,807.13 exceeds the guideline requirement of $36,554.88.

Complete

430668669

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error CD xx/x/x/xxxx Formatting Other Costs; Section E; Line 01 is missing the itemization for deed/mortgage fee of $xxxx.

11/4/19 Lender provided corrected PCCD 11/1/19

11/4/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  The credit score of 775 exceeds the guideline minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 10.73 is below the guideline maximum of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $50,807.13 exceeds the guideline requirement of $36,554.88.

Complete

430709300

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3708

TRID - Curable Issue #2 related to the Closing Disclosure in file

No

Non-Numeric Error - The seller CD xx/x/x/xxxx other costs section H lines 5 is missing on the PCCD xx/x/x/xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $79,440.23 or 17.96 months of P&I.   Required P&I Reserves are $4,423.74 x 6 months=$26,542.44.

Complete

430709300

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error - The seller CD xx/x/x/xxxx loan costs section C lines 1-7 is missing on the PCCD xx/x/x/xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $79,440.23 or 17.96 months of P&I.   Required P&I Reserves are $4,423.74 x 6 months=$26,542.44.

Complete

430709300

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx & PCCD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.11.19 received pccd from client

11.11.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $79,440.23 or 17.96 months of P&I.   Required P&I Reserves are $4,423.74 x 6 months=$26,542.44.

Complete

430709300

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

There is no updated valuation in the file.

11.07.19 Updated value received, appraised value supported.

11.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $79,440.23 or 17.96 months of P&I.   Required P&I Reserves are $4,423.74 x 6 months=$26,542.44.

Complete

430678930

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error - The seller CD xx/x/x/xxxx loan costs section C Document fee, natural hazard report, settlement agent, sub escrow, and wire fee is not located on the final CD xx/x/x/xxxx loan costs section C.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 800 exceeds the minimum  fico of  640 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 14 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $233,100.87 or 120.31 months P&I. Required P&I Reserves are $1,937.50 x 6 months = $11,625.

Complete

430678930

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.4.19 Received pccd from client

11.4.19 exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 800 exceeds the minimum  fico of  640 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 14 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $233,100.87 or 120.31 months P&I. Required P&I Reserves are $1,937.50 x 6 months = $11,625.

Complete

430678930

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.31.19 Updated value received, appraised value supported.

10.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 800 exceeds the minimum  fico of  640 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 14 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $233,100.87 or 120.31 months P&I. Required P&I Reserves are $1,937.50 x 6 months = $11,625.

Complete

430678931

XXXXXX

FL

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  776 credit score exceeds 720 guidelines. CFCFS1744: DTI below guideline requirement - Clayton Comments:  29.72% DTI is below max 49% DTI

Complete

430678932

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

The file is missing an updated valuation.

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in XXX for 8.00 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 693 exceeds the guideline requirement of 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $43,462.48 exceed guideline requirement of $15,654.96.

Complete

430678933

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of xx/xx/xxxx on the ROR..

10.31.19 Received pccd from client

10.31.19 exception satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 674 exceeds the guideline requirement of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  The LTV of 59.52% is below the guideline maximum of 65.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $141,683.87 or 164.08 months of P&I.Required P&I Reserves are $863.48 x 6 months=$5,180.

Complete

430678933

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

10.31.19 Received pccd from client

10.31.19 exception satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 674 exceeds the guideline requirement of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  The LTV of 59.52% is below the guideline maximum of 65.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $141,683.87 or 164.08 months of P&I.Required P&I Reserves are $863.48 x 6 months=$5,180.

Complete

430678933

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx-2  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

10.31.19 Received pccd from client

10.31.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 674 exceeds the guideline requirement of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  The LTV of 59.52% is below the guideline maximum of 65.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $141,683.87 or 164.08 months of P&I.Required P&I Reserves are $863.48 x 6 months=$5,180.

Complete

430678933

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.04.19 Updated value received, appraised value supported.

11.04.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 674 exceeds the guideline requirement of 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  The LTV of 59.52% is below the guideline maximum of 65.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $141,683.87 or 164.08 months of P&I.Required P&I Reserves are $863.48 x 6 months=$5,180.

Complete

430678934

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD XXX & PCCD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/8/19 Lender provided corrected PCCD 11/1/19

11/8/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $146,520.84 or 26.19 months of P&I.Required P&I Reserves are $5,593.48 x 6 = $33,560.88. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60.39%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.27%; max allowable is 49%.

Complete

430678934

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $146,520.84 or 26.19 months of P&I.Required P&I Reserves are $5,593.48 x 6 = $33,560.88. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60.39%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.27%; max allowable is 49%.

Complete

430709302

XXXXXX

CO

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.26.19 Updated value received, appraised value supported.

11.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  741 credit score exceeds minimum of 700 for a 2 Family Cash Out Refinance. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.74%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $159,285.88 or 96.75 months of P&IRequired P&I Reserves are $1,646.32 x 6 = $9,877.92.

Complete

430678936

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $52,552.22 or 24.78 months of P&I.Required P&I Reserves are $2,121.10 x 12 = $25,453.20. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 770; minimum required score is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 44.11%; max allowable is 49%. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower at current residence 11 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in profession 13 years.

Complete

430709304

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non material numeric error CD xx-xx-xxxx other cost section H Line 1 Missing pay to name.

11.8.19 Received PCCD from client

11.8.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Fico of 751 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.72% is below the max DTI of 49%

Complete

430709304

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric non-material error per CD issued xx-xx-xxxx- Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee  is missing itemization for Deed/Mortgage.

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Fico of 751 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.72% is below the max DTI of 49%

Complete

430709304

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non numeric error per final CD issued xx-xx-xxxx Loan Disclosure section, assumption does not match note and arm rider. CD indicates will not allow assumption, per note and arm rider assumption is allowed under certain conditions.

11.8.19 Received PCCD from client

11.8.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Fico of 751 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.72% is below the max DTI of 49%

Complete

430709304

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Non material numeric error CD xx-xx-xxxx other cost section H Line 2 Missing pay to name.

11.8.19 Received PCCD from client

11.8.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Fico of 751 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.72% is below the max DTI of 49%

Complete

430709304

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID4225

TRID - CD: The total Loan Costs [Borrower Paid] amount disclosed in the CD Loan Costs section does not equal its component parts

No

(No Data)

11.8.19 Received PCCD from client

11.8.19 exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Fico of 751 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.72% is below the max DTI of 49%

Complete

430709304

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID4226

TRID - CD: The total Loan Costs [Borrower Paid at closing] amount disclosed in the CD Loan Costs section does not equal its component parts

No

(No Data)

11.8.19 Received PCCD from client

11.8.19 exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Fico of 751 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.72% is below the max DTI of 49%

Complete

430709304

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID4291

TRID - CD: The Loan Costs as stated in the CD Costs at Closing section does not match the Total Loan Costs as stated in the CD Loan Costs section

No

(No Data)

11.8.19 Received PCCD from client

11.8.19 exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Fico of 751 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.72% is below the max DTI of 49%

Complete

430709304

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

Credit

Assets

Satisfied

B

A

B

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Borrower has $0 acceptable post close assets (gift funds wired to escrow may not be counted as reserves per guidelines).  Required P&I Reserves are $2337.88 x 12 = $28,054.56

12.17.19 Received PCCD resolving Asset shortage

12.17.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Fico of 751 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.72% is below the max DTI of 49%

Complete

430678937

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

11/11/19 Lender provided corrected PCCD 11/5/19 with a disbursement date of XXX

11/11/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $$138,300.16 or 48.44 months of P&I.Required P&I Reserves are $2,855.33 x 6 = $17,131.98. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 751; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 38.05%; max allowable is 49%.

Complete

430678937

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

11/11/19 Lender provided corrected PCCD 11/5/19 with a disbursement date of XXX

11/11/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $$138,300.16 or 48.44 months of P&I.Required P&I Reserves are $2,855.33 x 6 = $17,131.98. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 751; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 38.05%; max allowable is 49%.

Complete

430678937

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/11/19 Lender provided corrected PCCD 11/5/19

11/11/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $$138,300.16 or 48.44 months of P&I.Required P&I Reserves are $2,855.33 x 6 = $17,131.98. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 751; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 38.05%; max allowable is 49%.

Complete

430678937

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $$138,300.16 or 48.44 months of P&I.Required P&I Reserves are $2,855.33 x 6 = $17,131.98. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 751; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 38.05%; max allowable is 49%.

Complete

430678938

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 772 is greater than the guideline requirement of 700. CFCFS2854: Significant time in profession - Clayton Comments:  15 years in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $40,022.57 or 19.00 months of P&I.Required P&I Reserves are $2,105.49 x 12 =$25,265.88.

Complete

430709306

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

11/13/19 Lender provided corrected PCCD 11/6/19 with a disbursement date of XXX

11/13/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,000.08or 10.14 months of P&I.Required P&I Reserves are $1,675.13 x 6 = $10,050.78. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 36.67%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.30%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 798; minimum required score is 650.

Complete

430709306

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

11/13/19 Lender provided corrected PCCD 11/6/19 with a disbursement date of XXX

11/13/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,000.08or 10.14 months of P&I.Required P&I Reserves are $1,675.13 x 6 = $10,050.78. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 36.67%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.30%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 798; minimum required score is 650.

Complete

430709306

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions)..

11/13/19 Lender provided corrected PCCD 11/6/19

11/13/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,000.08or 10.14 months of P&I.Required P&I Reserves are $1,675.13 x 6 = $10,050.78. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 36.67%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.30%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 798; minimum required score is 650.

Complete

430709306

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Loan approved as a cash-out refinance per 1008 and lenders loan approval but CD shows less than $2k to borrower at close.

11.19.19 Received corrected 1003 and Loan approval, reflecting limited Cash-Out

Upon further review, condition canceled.11.19.19 Exception Satisfied received corrected 1003 and 1008

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,000.08or 10.14 months of P&I.Required P&I Reserves are $1,675.13 x 6 = $10,050.78. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 36.67%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.30%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 798; minimum required score is 650.

Complete

430709306

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.12.19 Updated value received, appraised value supported.

11.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,000.08or 10.14 months of P&I.Required P&I Reserves are $1,675.13 x 6 = $10,050.78. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 36.67%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.30%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 798; minimum required score is 650.

Complete

430678939

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.7.19 Received PCCD from client.

11.7.19 Exception satisfid

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  749 credit score exceeds minimum of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  33.70% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $214,558.29 or 89.97 months of P&I.Required Reserves are $2384.71 x 12 = $28,616.52

Complete

430709307

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.25.19 Updated value received, appraised value supported.

11.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $13,156.74 or 9.19 months of P&I.Required P&I Reserves are $1,430.87 x 3 = $4,292.61. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 647; minimum required score is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 30.35%; max allowable is 49%.

Complete

430765385

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.06.19 Updated value received, appraised value supported.

12.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50%; Max is 70% for a Foreign National with a loan amount < $1 Million. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 28.72%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $65,194.14 or 40.43 months of P&IRequired P&I Reserves are $1,612.52 x 6 = $9,675.12.

Complete

430678940

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-numerical error - 1.The seller CD xx/x/x/xxxx loan costs section B The notary fee is missing on the final CD xx/x/x/xxxx loan costs section B. 2. The seller CD xx/x/x/xxxx other costs section E recording fee is missing on the final CD xx/x/x/xxxx other costs section E.3. The seller CD xx/x/x/xxxx other costs section H collection costs, collection fee, HOA dues fees, and transfer fees is missing on the final CD xx/x/x/xxxx other costs section H.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $41,811.23 or 16.61 months of P&I.Required P&I Reserves are $2,517.51 x 12 = $30,210.12. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 783; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 34.18%; max allowable is 49%.

Complete

430678940

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/11/19 Lender provided corrected PCCD 11/5/19

11/11/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $41,811.23 or 16.61 months of P&I.Required P&I Reserves are $2,517.51 x 12 = $30,210.12. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 783; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 34.18%; max allowable is 49%.

Complete

430709308

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 730 exceeds guideline requirement of 700. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Borrower's credit history is reporting 0x30 across all lines CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $32,314.67 or 20.34 months of P&I.Required P&I Reserves are $1588.56 x 12 months=$19,062.72.

Complete

430678941

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.13.19 Received pccd from client

11.13.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  720 credit score exceeds minimum of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.95% DTI is below maximum of 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX in same business for 4 years and in profession 20 years.

Complete

430678941

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Missing verification of HOA fee for rental property on XXX. $210 payment listed on 1003 and included in DTI.

11.9.17 Rec'd HOA Statement

11.9.17 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  720 credit score exceeds minimum of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.95% DTI is below maximum of 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX in same business for 4 years and in profession 20 years.

Complete

430668672

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

10/31/19 Lender provided corrected PCCD 10/30/19

10/31/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.00 is below the guideline max of 70.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 669 exceeds the guideline requirement of 650. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  The borrower has been with his current employer for 6years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.20% DTI is below maximum of 49%.

Complete

430668672

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

10/31/19 Lender provided corrected PCCD 10/30/19

10/31/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.00 is below the guideline max of 70.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 669 exceeds the guideline requirement of 650. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  The borrower has been with his current employer for 6years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.20% DTI is below maximum of 49%.

Complete

430668672

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Credit

Insurance

Satisfied

D

A

D

A

CRDINSR2400

Missing Flood Certification Document

No

The file is missing a flood certificate.

10/31/19 Lender provided Flood Cert

10/31/2019 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.00 is below the guideline max of 70.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 669 exceeds the guideline requirement of 650. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  The borrower has been with his current employer for 6years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.20% DTI is below maximum of 49%.

Complete

430668672

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.31.19 Updated value received, appraised value supported.

10.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.00 is below the guideline max of 70.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 669 exceeds the guideline requirement of 650. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  The borrower has been with his current employer for 6years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.20% DTI is below maximum of 49%.

Complete

430709310

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.21.19 Updated value received, appraised value supported.

11.21.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $22,574.96 or 23.56 months of P&I.Required P&I Reserves are $958.14 x 12 = $11,497.68. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 788; minimum required score is 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 34.04%; max allowable is 49%.

Complete

430709311

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx & PCCD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/14/19 Lender provided corrected PCCD 11/8/19

11/14/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 814 exceeds the minimum  fico of 680 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 4 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 3 years

Complete

430709311

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.13.19 Updated value received, appraised value supported.

11.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 814 exceeds the minimum  fico of 680 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 4 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 3 years

Complete

430709312

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $30,183.89 or 20.08 months of P&I.Required P&I Reserves are $1,502.67 x 12 = $18,032.04. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 800; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 32.56%; max allowable is 49%.

Complete

430709313

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.21.19 Updated value received, appraised value supported.

11.21.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 707, minimum allowed is 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 22.70 / 38.33, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close asset are $91,839.97 or 58.149 months of P&IRequired P&I Reserves are $1,569.94 x 6 = $9,419.64

Complete

430678943

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.05.19 Updated value received, appraised value supported.

11.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 75% is below the max ltv if 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 740 exceeds the minimum  fico of 640 CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 17.91% is below the max dti of 49%

Complete

430668674

XXXXXX

GA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.29.19 Updated value received, appraised value supported.

10.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  The LTV of 70.00% is below the guideline max of 80.00. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 32.44 is below the guideline max of 49.00. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  The borrower has been in the current position for 18 years.

Complete

430678945

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.11.19 Received pccd from client.

11.11.19 exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 35.84 is below the guideline requirement of 49.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 780 is above the guideline requirement of 680. CFCFS2854: Significant time in profession - Clayton Comments:  B1 has been in XXXfor 15 years.B2 has been a XXX for 10 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $61,134.11 or 33.81  months of P&I.Required P&I Reserves are $1,808.41 x 6 months =$10,850.46

Complete

430678945

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 35.84 is below the guideline requirement of 49.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 780 is above the guideline requirement of 680. CFCFS2854: Significant time in profession - Clayton Comments:  B1 has been in XXXfor 15 years.B2 has been a XXX for 10 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $61,134.11 or 33.81  months of P&I.Required P&I Reserves are $1,808.41 x 6 months =$10,850.46

Complete

430709316

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.11.19 Received PCCD from client

11.11.19 exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 753 is above the guideline required 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 38.56 is below the guideline max of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified reserves of $18,087.09 exceeds the guideline requirement of $12,986.76.

Complete

430678946

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Broker Commission fees for Borrower & Seller are missing from the Seller-Paid column on the final CD.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $7,337.64 or 11.69 months of P&I.Required P&I Reserves are $627.17 x 6 = $3,763.02. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 31.53%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 686; minimum required score is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; max allowable is 75%.

Complete

430678946

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11/5/19 Lender provided corrected PCCD 11/5/19

11/5/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $7,337.64 or 11.69 months of P&I.Required P&I Reserves are $627.17 x 6 = $3,763.02. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 31.53%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 686; minimum required score is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; max allowable is 75%.

Complete

430678946

XXXXXX

PA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.05.19 Updated value received, appraised value supported.

11.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $7,337.64 or 11.69 months of P&I.Required P&I Reserves are $627.17 x 6 = $3,763.02. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 31.53%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 686; minimum required score is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; max allowable is 75%.

Complete

430668676

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

A

C

A

CMPROR114

ROR - Right of Rescission not executed by all title holders

No

The ROR form provided does not show the signature and date received, as the copy is cut off.

10/30/19 Lender provided full copy of the ROR

10/30/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Reserves of $171,859.60 or 58.45 mos P&I. P&I Reserves $2940.23 x 6 mos P&I or $17,641.38. CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 65.85% is below the max ltv of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 732 exceeds the minimum  fico of 660

Complete

430668676

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

10/30/19 Lender provided corrected PCCD 10/28/19

10/30/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Reserves of $171,859.60 or 58.45 mos P&I. P&I Reserves $2940.23 x 6 mos P&I or $17,641.38. CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 65.85% is below the max ltv of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 732 exceeds the minimum  fico of 660

Complete

430668676

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing 1008 with DTI of 45.04% to match tape data.  1008 in file shows 41.84%.

10.29.19 Received corrected 1008

10.29.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Reserves of $171,859.60 or 58.45 mos P&I. P&I Reserves $2940.23 x 6 mos P&I or $17,641.38. CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 65.85% is below the max ltv of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 732 exceeds the minimum  fico of 660

Complete

430668676

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.28.19 Updated value received, appraised value supported.

10.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Reserves of $171,859.60 or 58.45 mos P&I. P&I Reserves $2940.23 x 6 mos P&I or $17,641.38. CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 65.85% is below the max ltv of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 732 exceeds the minimum  fico of 660

Complete

430678947

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.05.19 Updated value received, appraised value supported.

11.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 772 exceeds guideline requirement of 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $25,166.37 or 11.30 months of P&I.Required P&I Reserves are $2,226.85 x 6 months P&I=$13,721.10. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 64.62 is below the guideline maximum of 80.00%.

Complete

430709318

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

The Seller-paid fees listed on the Final CD do not match the fees listed on the Sellers CD.

(No Data)

Condition Satisfied. The file contains the Sellers CD reflecting all charges paid by Seller. Fees have been included in the fee testing with no violation.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.98% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $34,676.26  or 26.57 months of P&I. Required Reserves are $1305.29 x 12 = $15,663.48.

Complete

430709318

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4282

TRID - CD: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-Material Numeric Error  CD xx/x/x/xxxx: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

11.19.19 Received PCCD from client

11.19.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.98% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $34,676.26  or 26.57 months of P&I. Required Reserves are $1305.29 x 12 = $15,663.48.

Complete

430709318

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4283

TRID - CD: The value for Deposit in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-Material Numeric Error  CD xx/x/x/xxxx: The value for Deposit in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx (-$1,000).

11.19.19 Received PCCD from client

11.19.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.98% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $34,676.26  or 26.57 months of P&I. Required Reserves are $1305.29 x 12 = $15,663.48.

Complete

430709318

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-Material Numeric Error  CD xx/x/x/xxxx: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

11.19.19 Received PCCD from client

11.19.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.98% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $34,676.26  or 26.57 months of P&I. Required Reserves are $1305.29 x 12 = $15,663.48.

Complete

430709318

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-Material Numeric Error  CD xx/x/x/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

11.19.19 Received PCCD from client

11.19.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.98% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $34,676.26  or 26.57 months of P&I. Required Reserves are $1305.29 x 12 = $15,663.48.

Complete

430709318

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-numeric Error - CD xx/x/x/xxxx: Calculating Cash to Close Section - Total Closing Costs (J) identifies a value that has changed but the reason why is missing.

11.19.19 Received PCCD from client

11.19.19 exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.98% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $34,676.26  or 26.57 months of P&I. Required Reserves are $1305.29 x 12 = $15,663.48.

Complete

430709318

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.19.19 Received PCCD from client

11.19.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.98% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $34,676.26  or 26.57 months of P&I. Required Reserves are $1305.29 x 12 = $15,663.48.

Complete

430709318

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR175

Missing Review Appraisal required per guidelines

No

Missing field review as required for LTV over 75%.

11.20.2019 - Lender provided Field Review.

11.20.2019 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.98% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $34,676.26  or 26.57 months of P&I. Required Reserves are $1305.29 x 12 = $15,663.48.

Complete

430709318

XXXXXX

VA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

N/A

A

N/A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.20.19 Updated value received, appraised value supported.

11.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  733 credit score exceeds minimum of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.98% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $34,676.26  or 26.57 months of P&I. Required Reserves are $1305.29 x 12 = $15,663.48.

Complete

430709319

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3708

TRID - Curable Issue #2 related to the Closing Disclosure in file

No

Non-Numeric Error - The seller CD xx/x/x/xxxx other cost section H. lines 1-3 is missing on the final CD xx/x/x/xxxx other cost section H.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 766 exceeds the minimum  fico of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 33.81% is below the max dti of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 15 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $298,718.71 or 60.62 mos P&IP&I Reserves $4927.75  x 12 mos P&I are $59,133.00

Complete

430709319

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error - The seller CD xx/x/x/xxxx loan cost section C. lines 1-8 is missing on the final CD xx/x/x/xxxx loan cost section C.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 766 exceeds the minimum  fico of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 33.81% is below the max dti of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 15 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $298,718.71 or 60.62 mos P&IP&I Reserves $4927.75  x 12 mos P&I are $59,133.00

Complete

430709319

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  Home Warranty Policy & Natural Hazard Disclosure fees (lines 01 & 02) identify the payees as "TBD".

11/13/19 Lender provided corrected PCCD 11/7/19

11/13/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 766 exceeds the minimum  fico of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 33.81% is below the max dti of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 15 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $298,718.71 or 60.62 mos P&IP&I Reserves $4927.75  x 12 mos P&I are $59,133.00

Complete

430709319

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Legal Documents

Satisfied

D

A

D

A

CRDLGL988

Loan File is Missing or Contains Insufficient Documentation for Basic Review

No

missing lock confirmation

11.14.19 Received lock confirmation

11.14.19 exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 766 exceeds the minimum  fico of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 33.81% is below the max dti of 49% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 15 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $298,718.71 or 60.62 mos P&IP&I Reserves $4927.75  x 12 mos P&I are $59,133.00

Complete

430765387

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.06.19 Updated value received, appraised value supported.

12.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  31.74% DTI is below maximum of 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in same profession for 7 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  756 fico credit exceeds 700

Complete

430678949

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error: Final CD: xx/xx/xxxx - The Assumption selection in Loan Disclosures on CD is will not allow assumption of this loan." This selection does not match the assumption terms on Mortgage.

10/31/19 Lender provided corrected PCCD 10/25/19

10/31/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  809 credit score exceeds minimum of 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $59,044.93 or 16.31 months of P&I.Required P&I Reserves are $3,608.70 x 12 months = $ 43,304.40 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI 41.58%; maximum DTI allowed per guideline is 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10yrs.

Complete

430678949

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.29.19 Updated value received, appraised value supported.

10.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  809 credit score exceeds minimum of 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $59,044.93 or 16.31 months of P&I.Required P&I Reserves are $3,608.70 x 12 months = $ 43,304.40 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI 41.58%; maximum DTI allowed per guideline is 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10yrs.

Complete

430709320

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 791 exceeds the guideline requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 4.48 is below the guideline max of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $85,034.65 exceed the required amount of $14,444.58.

Complete

430678951

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/11/19 Lender provided corrected PCCD 11/4/19

11/11/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower's Post close assets are $59,801.02 or 11.88 months of P&I reserves.Required P&I Reserves are $5,034.13 x 6 = $30,204.78 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current employer for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 0.00 / 35.18%, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 54.71%, maximum allowed is 75%

Complete

430678951

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Missing hazard cost estimate.

11.14.19 Received RCE which supports the HOI policy

11.14.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower's Post close assets are $59,801.02 or 11.88 months of P&I reserves.Required P&I Reserves are $5,034.13 x 6 = $30,204.78 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current employer for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 0.00 / 35.18%, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 54.71%, maximum allowed is 75%

Complete

430678951

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower's Post close assets are $59,801.02 or 11.88 months of P&I reserves.Required P&I Reserves are $5,034.13 x 6 = $30,204.78 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current employer for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 0.00 / 35.18%, maximum allowed is 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 54.71%, maximum allowed is 75%

Complete

430709322

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-material numeric error: CD xx/x/x/xxxx Other Costs: Section H: "Other' is missing Payee name for Home Warranty.

12.6.19 Received PCCD from client.

12.6.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $36,172.58 or 19.16 months of P&I.Required P&I Reserves are $1,888.15 x 12 = $22,657.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 731; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 40.52%; max allowable is 49%.

Complete

430709323

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

12.4.19 Received PCCD from client.

12.4.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has XXX for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  732 credit score exceeds 700 mid score CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.52% Ltv is below max of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  29.35% DTI is below max 43%

Complete

430709323

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

12.4.19 Received PCCD from client.

12.4.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has XXX for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  732 credit score exceeds 700 mid score CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.52% Ltv is below max of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  29.35% DTI is below max 43%

Complete

430709323

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

Non-Numeric Material Error - CD xx/x/x/xxxx: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected but neither of You declined it and/or Your lender does not offer one are selected.

12.4.19 Received PCCD from client.

12.4.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has XXX for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  732 credit score exceeds 700 mid score CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.52% Ltv is below max of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  29.35% DTI is below max 43%

Complete

430709323

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Missing replacement cost estimate. Hazard is less than loan amount of $xxxx and doesn't cover 80% of appraised value.

12.3.19 Received RCE supporting HOI policy in file

12.3.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has XXX for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  732 credit score exceeds 700 mid score CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.52% Ltv is below max of 70% CFCFS1744: DTI below guideline requirement - Clayton Comments:  29.35% DTI is below max 43%

Complete

430709324

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/13/19 Lender provided a corrected PCCD 11/7/19

11/13/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 725 exceeds the guideline requirement of 700. CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been in XXX for 8.00 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $53,677.79 exceeds the required $40,815.36

Complete

430678952

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11/14/19 Lender provided corrected PCCD 11/8/19

11/14/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $10,862.23 or 11.08 months of P&I.Required P&I Reserves are $979.66 x 6 = $5,877.96. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 806; minimum required score is 700. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 42.17%; max allowable is 49%.

Complete

430678952

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/14/19 Lender provided corrected PCCD 11/8/19

11/14/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $10,862.23 or 11.08 months of P&I.Required P&I Reserves are $979.66 x 6 = $5,877.96. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 806; minimum required score is 700. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 42.17%; max allowable is 49%.

Complete

430678952

XXXXXX

GA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.08.19 Updated value received, appraised value supported.

11.08.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $10,862.23 or 11.08 months of P&I.Required P&I Reserves are $979.66 x 6 = $5,877.96. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 806; minimum required score is 700. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 42.17%; max allowable is 49%.

Complete

430678954

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Broker Commission fees for Borrower & Seller are missing from the Seller-Paid column on the final CD.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 76%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $70,893.64 or 13.92 months of P&I. Required P&I Reserves are $5,094.00 x 12 = $61,128.00. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 credit score exceeds minimum of 700.

Complete

430678954

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/5/19 Lender provided a corrected PCCD 11/4/19

11/5/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 76%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $70,893.64 or 13.92 months of P&I. Required P&I Reserves are $5,094.00 x 12 = $61,128.00. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 credit score exceeds minimum of 700.

Complete

430765390

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.10.19 Updated value received, appraised value supported.

12.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $63,250.68 or 78.50 months of P&I.Required P&I Reserves are $805.67 x 6 = $4,834.02. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 50%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 810; minimum required score is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 17.96%; max allowable is 49%.

Complete

430709325

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  The borrower has been with the current employer for 6.00 years. CFCFS1736: Significant time at current residence - Clayton Comments:  The borrower has lived in his current residence for 9 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 41.13 is below the guideline max allowable of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $25,460.52 or 17.11 months of P&I.Required P&I Reserves are $1,487.60 x 12 months P&I =$17,851.20.

Complete

430709326

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error  CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Property Taxes fee (line 04) is missing the number of months covered by value entered.

11.19.19 Received PCCD from client.

11.19.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  729 credit score exceeds minimum of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.56% DTI is below maximum of 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 16 years

Complete

430709326

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC2340

Employment verification does not meet guidelines

No

Missing business license or documentation that borrower's business (XXX) does not require a license.

11.19.19 - Received copy of borrower's business license and Seller's Permit

11.19.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  729 credit score exceeds minimum of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.56% DTI is below maximum of 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 16 years

Complete

430709326

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.18.19 Updated value received, appraised value supported.

11.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  729 credit score exceeds minimum of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.56% DTI is below maximum of 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 16 years

Complete

430709329

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Numeric Non Material Error: Seller paid fees per CD issued CD xx/x/x/xxxx do not match seller CD issued xx/xx/xxxx the following fees on seller CD are missing from CD in the other cost section: Transfer Tax fee $xxxx, Transfer Tax fee $xxxx, 1st 2019-2020 Property Tax fee $xxxx, Defaulted Tax fee $xxxx, Real Estate Commission fee $xxxx, Real Estate Commission fee $xxxx and Transaction Coordination fee $xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  4 years at current residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 714; requires 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%, maximum LTV is 80%.

Complete

430709329

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.13.19 Received pccd from client.

11.13.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  4 years at current residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 714; requires 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%, maximum LTV is 80%.

Complete

430709329

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Credit

Assets

Satisfied

C

A

C

A

CRDAST115

Cash reserves do not meet guidelines

No

The reserves is showing -5160.50.  Unable to see the gift letter from XXX for 20k. Break down of assets in file:XXX  #XXX  9.30.19  $840.05XXX #XXX  11.4.19  $41,096.67 [which includes $13000 gift]XXX #XXX  11.4.19  $31,678.00  [includes Gifts $6k  & 18k]Gift wired to escrow $100,000. Total:   173,614.72

11.14.19 Received Updated PCCD, which updated assets and calculations as well

11.14.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  4 years at current residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 714; requires 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%, maximum LTV is 80%.

Complete

430709329

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Credit

Assets

Satisfied

C

A

C

A

CRDAST205

Insufficient Funds to Close

No

The reserves is showing -5160.50.  Unable to see the gift letter from XXX for 20k. Break down of assets in file:XXX  #XXX  9.30.19  $840.05XXX#XXX  11.4.19  $41,096.67 [which includes $13000 gift]XXX #XXX  11.4.19  $31,678.00  [includes Gifts $6k  & 18k]Gift wired to escrow $100,000. Total:   173,614.72

11.14.19 Received Updated PCCD, which updated assets and calculations as well

11.14.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  4 years at current residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 714; requires 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%, maximum LTV is 80%.

Complete

430709329

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.12.19 Updated value received, appraised value supported.

11.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  4 years at current residence. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 714; requires 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%, maximum LTV is 80%.

Complete

430765391

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.11.19 Updated value received, appraised value supported.

12.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $87,237.17 or 25.55 months of P&I. Required P&I Reserves are $3,413.90 x 6 = $20,483.40. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 689; minimum required score is 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 45.05%; max allowable is 49%.

Complete

430709330

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.14.19 Received pccd from client

11.14.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.89% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below max of 80%

Complete

430709330

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Credit/Mtg History

Satisfied

D

A

D

A

CRDCRMH189

Missing credit report

No

Missing Credit Report

11.13.19 Received Credit report -

11.13.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.89% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below max of 80%

Complete

430709330

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Credit/Mtg History

Satisfied

N/A

A

N/A

A

CRDCRMH3000

# of Tradelines Does Not Meet Guideline Requirements

No

Received Borrower Credit report 11.13.19Credit report reflects one 2 Trade lines Car loan And XXX Rev. both exceeding 12 months review.Guidelines require:  3 Tradelines with 12 months rating (may be open or closed). Up to 2 Non-traditional tradelines are allowed and must be added to credit supplement.

11.19.19 Received feedback from lender

11.19.19 Exception Satisfied - Upon further review by Sr, Underwriter Supplement reflects rental history exceeding 12 onths

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.89% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below max of 80%

Complete

430709330

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.11.19 Updated value received, appraised value supported.

11.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.89% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  60% LTV is below max of 80%

Complete

430678955

XXXXXX

TX

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Insurance

Satisfied

D

A

D

A

CRDINSR848

Missing Hazard Insurance

No

Missing Declaration page for subject HOI

11.5.19 Received HOI Policy

11.5.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 722, minimum allowed is 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 31.46%, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Asset: Borrower's Post Close Assets are $83,863.25 or 47.78 months of P&I reserves.Required P&I Reserves are $1,755..32/12 = $21,062.64 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 5 years

Complete

430678955

XXXXXX

TX

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.05.19 Updated value received, appraised value supported.

11.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 722, minimum allowed is 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 31.46%, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Asset: Borrower's Post Close Assets are $83,863.25 or 47.78 months of P&I reserves.Required P&I Reserves are $1,755..32/12 = $21,062.64 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 5 years

Complete

430709331

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

11.18.19 Received PCCD from client

11/18/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $72,882.24 or 39.08 months of P&I.Required P&I Reserves are $1,864.70 x 6 = $11,188.20. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 683; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 54.15%; max allowable is 75%.

Complete

430709331

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

11.18.19 Received PCCD from client

11.18.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $72,882.24 or 39.08 months of P&I.Required P&I Reserves are $1,864.70 x 6 = $11,188.20. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 683; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 54.15%; max allowable is 75%.

Complete

430709331

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.18.19 Received PCCD from client

11/18/19 exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $72,882.24 or 39.08 months of P&I.Required P&I Reserves are $1,864.70 x 6 = $11,188.20. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 683; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 54.15%; max allowable is 75%.

Complete

430709331

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.18.19 Received PCCD from client

11/18/19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $72,882.24 or 39.08 months of P&I.Required P&I Reserves are $1,864.70 x 6 = $11,188.20. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 683; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 54.15%; max allowable is 75%.

Complete

430709331

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.18.19 Updated value received, appraised value supported.

11.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $72,882.24 or 39.08 months of P&I.Required P&I Reserves are $1,864.70 x 6 = $11,188.20. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 683; minimum required score is 640. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 54.15%; max allowable is 75%.

Complete

430678956

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Insurance

Satisfied

D

A

D

A

CRDINSR848

Missing Hazard Insurance

No

Missing hazard insurance policy for the subject property XXX

11.9.19 Received copy of HOI

11.9.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $384,941.67 or 401.75 months of P&I.Required P&I Reserves are $958.14 x 12 = $11,497.68. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 773; minimum required score is 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%.

Complete

430678956

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing CDA to support the original appraised value of $xxxx.

11.05.19 Updated value received, appraised value supported.

11.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $384,941.67 or 401.75 months of P&I.Required P&I Reserves are $958.14 x 12 = $11,497.68. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 773; minimum required score is 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%.

Complete

430678957

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error: Final CD: xx/xx/xxxx- The Assumption selection in Loan Disclosures on CD is will not allow assumption of this loan." This selection does not match the assumption terms on Mortgage.

11.6.19 Received PCCD from client.

11.6.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  780 credit score exceeds minimum of 720. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $168,205.62 or 50.24 months of P&I.Required Reserves are $3348.18 x 6 = $20,089.08

Complete

430678957

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

Non-numeric Material Error: CD xx/x/x/xxxx - The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected but neither of You declined it and/or Your lender does not offer one are selected.

11.6.19 Received PCCD from client.

11.6.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  780 credit score exceeds minimum of 720. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $168,205.62 or 50.24 months of P&I.Required Reserves are $3348.18 x 6 = $20,089.08

Complete

430678957

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.04.19 Updated value received, appraised value supported.

11.04.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  780 credit score exceeds minimum of 720. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $168,205.62 or 50.24 months of P&I.Required Reserves are $3348.18 x 6 = $20,089.08

Complete

430678958

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.07.19 Updated value received, appraised value supported.

11.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $130,275.46 or 127.47 mos P&I. Required P&I Reserves are $1,022.02 x 12 months or $12,264.24 CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  722 credit score exceeds minimum of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  26.97% DTI is below maximum of 49%.

Complete

430668679

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

Compliance

RESPA

Satisfied

B

A

B

A

CMPRESPA2704

RESPA - List of homeowners counseling organizations not compliant

No

Unable to determine if the List of Homeowners Counseling Organizations is compliant, as the list is missing from the file. The Borrower received the disclosure, per the Acknowledgement of Receipt dated xx/xx/xxxx on page 445 from the file.

11.4.19 Received HCD from client

11.4.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $5,890.41 or 4.33 months of P&I.Required P&I Reserves are $1,093.13 x 3 = $3,279.39. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current employer for 20 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 7 years.

Complete

430678959

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.08.19 Updated value received, appraised value supported.

11.08.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max 75% LTV CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.04% DTI is below max 49%

Complete

430709332

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  NHD fee (line 01) identifies the payee as "TBD".

11/8/19 Lender provided corrected PCCD 11/4/19

11/8/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 75%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower's Post Close Assets are $95,745.19 or 21.26 months of P&IRequired PITI Reserves are $4,504.17 x 12 = $54,050.04 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 5 years.

Complete

430709332

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11/8/19 Lender provided corrected PCCD 11/4/19

11/8/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 75%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower's Post Close Assets are $95,745.19 or 21.26 months of P&IRequired PITI Reserves are $4,504.17 x 12 = $54,050.04 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 5 years.

Complete

430709332

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/8/19 Lender provided corrected PCCD 11/4/19t

11/8/19 Exception Satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 75%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower's Post Close Assets are $95,745.19 or 21.26 months of P&IRequired PITI Reserves are $4,504.17 x 12 = $54,050.04 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 5 years.

Complete

430709332

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation to support appraised value.

11.07.19 Updated value received, appraised value supported.

11.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 75%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets:Borrower's Post Close Assets are $95,745.19 or 21.26 months of P&IRequired PITI Reserves are $4,504.17 x 12 = $54,050.04 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 5 years.

Complete

430709333

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx & PCCD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/13/19 Lender provided corrected PCCD 11/5/19

11/13/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 40.37%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 717; minimum required score is 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $246,157.65 per cash out on final CD or 48.84 months of P&I.Required P&I Reserves are $5,039.74 x 6 = $30,238.44.

Complete

430709333

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Missing replacement cost estimate.

11.19.19 Lender provided Replacement Cost Estimate.

11.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 40.37%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 717; minimum required score is 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $246,157.65 per cash out on final CD or 48.84 months of P&I.Required P&I Reserves are $5,039.74 x 6 = $30,238.44.

Complete

430709333

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.12.19 Updated value received, appraised value supported.

11.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 40.37%; max allowable is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 717; minimum required score is 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $246,157.65 per cash out on final CD or 48.84 months of P&I.Required P&I Reserves are $5,039.74 x 6 = $30,238.44.

Complete

430709334

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  Home Owners Warranty fee (line 02) identifies the payee as "TBD".

12.4.19 Received PCCD from client.

12.4.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been a XXX for 17 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  The credit score of 725 exceeds the guideline requirement of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $202,081.48 or 62.65 months of P&I.   Required P&I Reserves are $3,225.43 x 12 months =$38,705.16

Complete

430709334

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12.4.19 Received PCCD from client.

12.4.19 Exception satisfied

Hybrid

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been a XXX for 17 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  The credit score of 725 exceeds the guideline requirement of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $202,081.48 or 62.65 months of P&I.   Required P&I Reserves are $3,225.43 x 12 months =$38,705.16

Complete

430709334

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD is not in the service file.

11.13.19 received seller cd

11.13.19 exception satisfied

Not Applicable

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been a XXX for 17 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  The credit score of 725 exceeds the guideline requirement of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $202,081.48 or 62.65 months of P&I.   Required P&I Reserves are $3,225.43 x 12 months =$38,705.16

Complete

430709335

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Non-Numeric Error - The seller CD xx/x/x/xxxx other costs section E for recording fee for xxxx is missing on the final CD xx/x/x/xxxx other costs Section E.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 766; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 17.32%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 15 years.

Complete

430709335

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3708

TRID - Curable Issue #2 related to the Closing Disclosure in file

No

Non-Numeric Error - The seller CD xx/x/x/xxxx loan costs section C lines 1-9 is missing on the final CD xx/x/x/xxxx loan costs Section C.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 766; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 17.32%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 15 years.

Complete

430709335

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3750

TRID - Error #10 discovered on Closing Disclosure

No

Non-Numeric Error - The seller CD xx/x/x/xxxx other costs section H lines 1-3 & 5 is missing on the final CD xx/x/x/xxxx other costs Section H.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 766; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 17.32%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 15 years.

Complete

430709335

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3882

TRID - Error #11 discovered on Closing Disclosure

No

Non-Numeric Error - The seller CD xx/x/x/xxxx other costs section H for courier fee identifies a value but who the fee is payable to is missing.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 766; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 17.32%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 15 years.

Complete

430709335

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3884

TRID - Error #12 discovered on Closing Disclosure

No

Non-Numeric Error - The seller CD xx/x/x/xxxx loan costs section C for Termite Report identifies a value but who the fee is payable to is missing.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 766; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 17.32%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 15 years.

Complete

430709335

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  Pest Inspection fee (line 03) identifies the payee as "Other".

11/14/19 Lender provided corrected PCCD 11/13/19

11/14/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 766; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 17.32%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 15 years.

Complete

430709335

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11/14/19 Lender provided corrected PCCD 11/13/19

11/14/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 766; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 17.32%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 15 years.

Complete

430709335

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/14/19 Lender provided corrected PCCD 11/13/19

11/14/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 766; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 17.32%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 15 years.

Complete

430678963

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

The file is missing an updated valuation.

10.29.19 Updated value received, appraised value supported.

10.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 785 exceeds the guideline requirement of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 12.79 is below the guideline maximum of 49.00. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $813,862.82  exceed guideline requirement of $30,217.32.

Complete

430668680

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

10.28.19 Updated value received, appraised value supported.

10.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers verified Post Close Assets are $67,199.31 or 29.09 months of P&I. Required P&I Reserves are $2,309.88 x 12 months = $ 27,718.56. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower credit score is 782; minimum 680 required per guideline with a 75% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Subject LTV 75%; maximum LTV allowed per guideline 80% with a 782 credit score.

Complete

430678964

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

A

B

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Broker Commission fees for Borrower & Seller are missing from the Seller-Paid column on the final CD.

11/4/19 Condition Satisfied. The file contains the Sellers CD reflecting all charges paid by Seller. Fees have been included in the fee testing with no violation.

11/4/19 Exception satisfied

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  74.40% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 credit score exceeds minimum required of 680. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been on job 2 years and in profession 5 years.

Complete

430678964

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Loan Costs, Section C.:  Title - Messenger/Courier Fee (line 03) identifies the payee as "Other".

11/4/19 Lender provided corrected PCCD 11/1/19

11/4/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  74.40% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 credit score exceeds minimum required of 680. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been on job 2 years and in profession 5 years.

Complete

430678964

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

11/4/19 Lender provided

11/4/19 Exception satisfied

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  74.40% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 credit score exceeds minimum required of 680. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been on job 2 years and in profession 5 years.

Complete

430678964

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

10.31.19 Updated value received, appraised value supported.

10.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  74.40% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  721 credit score exceeds minimum required of 680. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been on job 2 years and in profession 5 years.

Complete

430678965

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4320

TRID - CD: The stated Closing Costs Financed (Paid from Your Loan Amount) amount in the CD Calculating Cash to Close section (Alt Version) does not equate to the amount based on the Reg's formula.

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Calculating Cash to Close, Field: The stated Closing Costs Financed (Paid from Your Loan Amount) amount in the CD Calculating Cash to Close section ($xxxx) does not equate to the amount based on the Reg's formula ($xxxx)

11.6.19 Received PCCD from client

11.6.19 Exception satisfied

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  40.72% LTV is below maximum of 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $36,521.78 or 29.71 months of P&I. Required Reserves are $1229.15 x 6 = $7374.90. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  744 credit score exceeds minimum required of 650.

Complete

430678965

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.6.19 Received PCCD from client

11.6.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  40.72% LTV is below maximum of 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $36,521.78 or 29.71 months of P&I. Required Reserves are $1229.15 x 6 = $7374.90. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  744 credit score exceeds minimum required of 650.

Complete

430678965

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.04.19 Updated value received, appraised value supported.

11.04.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  40.72% LTV is below maximum of 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $36,521.78 or 29.71 months of P&I. Required Reserves are $1229.15 x 6 = $7374.90. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  744 credit score exceeds minimum required of 650.

Complete

430709340

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

A

B

A

CMPTRID4210

TRID - LE:  Either both options or neither option was checked for the Servicing topic in the LE Other Considerations section

No

Provide Notice of Servicing Transfer provided at consummation.

11.19.19 Client provided notice of servicing transfer.

11.19.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  792 credit score exceeds minimum of 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 4 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are  $42,187.49 or 12.44 months of P&I.Required Reserves are $3,390.56 x 12 = $40,686.72.

Complete

430709340

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Material Error  CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.22.19 Received PCCD from client.

11.22.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  792 credit score exceeds minimum of 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 4 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are  $42,187.49 or 12.44 months of P&I.Required Reserves are $3,390.56 x 12 = $40,686.72.

Complete

430709340

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Non-material numeric error: CD: xx/xx/xxxx Other Costs: Section H: "Other' is missing Payee name for Home Warranty.

11.22.19 Received PCCD from client.

11.22.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  792 credit score exceeds minimum of 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 4 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are  $42,187.49 or 12.44 months of P&I.Required Reserves are $3,390.56 x 12 = $40,686.72.

Complete

430709340

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing the Seller's CD.

11.19.19 Received seller cd from client.

11.19.19 Exception satisfied

Not Applicable

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  792 credit score exceeds minimum of 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 4 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are  $42,187.49 or 12.44 months of P&I.Required Reserves are $3,390.56 x 12 = $40,686.72.

Complete

430765397

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-numerical error:  Final CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12/16/19 Lender provided corrected PCCD 12/12/19

12/16/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 765 exceeds the guideline requirement of 650. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 68.69 is below the guideline maximum of 80.00%. CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been in the XXX profession for 20 years.

Complete

430765397

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-numeric error: CD xx/x/x/xxxxoan Disclosures: Assumption selection does not match the clause on the mortgage. CD marked not assumable.

12/16/19 Lender provided corrected PCCD 12/12/19

12/16/19-Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 765 exceeds the guideline requirement of 650. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 68.69 is below the guideline maximum of 80.00%. CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been in the XXX profession for 20 years.

Complete

430765397

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4050

TRID - CD: The Minimum Interest on the AIR Table of the Final Closing Disclosure does not match the Minimum Interest Rate on the Note

No

Invalid exception. Please cancel. The note and arm rider minimum rate is not explicit.

12/16/19 Lender provided corrected PCCD 12/12/19

Exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 765 exceeds the guideline requirement of 650. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 68.69 is below the guideline maximum of 80.00%. CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been in the XXX profession for 20 years.

Complete

430765397

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5023

TRID  CD:  The Minimum Payment disclosed in at least one column of the Final Closing Disclosure does not match the Minimum Payment that Clayton calculates based upon the Note Terms

No

Invalid exception. Please cancel. The note and arm rider minimum rate is not explicit.

12/16/19 Lender provided corrected PCCD 12/12/19

12/16/19 Exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 765 exceeds the guideline requirement of 650. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 68.69 is below the guideline maximum of 80.00%. CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been in the XXX profession for 20 years.

Complete

430765397

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5033

TRID - CD: The Total Minimum Payment disclosed in at least one column of the Projected Payments section of the Final Closing Disclosure does not match the Total Minimum Payment that Clayton calculates.

No

Invalid exception. Please cancel. The note and arm rider minimum rate is not explicit.

12/16/19 Lender provided corrected PCCD 12/12/19

12/16/19 Exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 765 exceeds the guideline requirement of 650. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 68.69 is below the guideline maximum of 80.00%. CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been in the XXX profession for 20 years.

Complete

430765397

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

The file is missing an updated valuation.

11.26.19 Updated value received, appraised value supported.

11.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 765 exceeds the guideline requirement of 650. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 68.69 is below the guideline maximum of 80.00%. CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has been in the XXX profession for 20 years.

Complete

430709341

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.08.19 Updated value received, appraised value supported.

11.08.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession for 4 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 39.19% is below the max dti of 49%

Complete

430678970

XXXXXX

CA

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Insurance coverage amount of $xxxx ($xxxx + $xxxx) is below minimum XXX requirement; lesser of loan amount of $xxxx or insurer's replacement cost estimate.  Insurer's cost estimate not provided.

10.30.19 Received RCE, which supports HOI policy in file

10.30.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 721 exceeds guideline requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.97 is below the guideline maximum of 49.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $112,481.20 or 27.28 months of P&I. Required P&I Reserves are $4,045.45 x 12 months=$48,542.88.

Complete

430709342

XXXXXX

PA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Missing evidence of taxes, insurance and association dues (if applicable) for borrowers investment property located at XXX.

11.21.19 Received proof of PITI for XXX

11.21.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 62.71%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 791; minimum required score is 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $107,493.13 or 108.36 months of P&I.Required P&I Reserves are $991.99 x 6 = $5,951.94.

Complete

430709342

XXXXXX

PA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Income/Employment

Satisfied

D

A

D

A

CRDINC3204

Income Documentation Missing

No

Missing copy of lease agreement for XXX

11.21.19 Acquired on 11.4.19 Rent Comp Schedule received

11.21.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 62.71%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 791; minimum required score is 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $107,493.13 or 108.36 months of P&I.Required P&I Reserves are $991.99 x 6 = $5,951.94.

Complete

430709342

XXXXXX

PA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.18.19 Updated value received, appraised value supported.

11.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 62.71%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 791; minimum required score is 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $107,493.13 or 108.36 months of P&I.Required P&I Reserves are $991.99 x 6 = $5,951.94.

Complete

430668683

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

10/30/19 Lender provided corrected PCCD 10/28/19

10/30/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $110,772.35 or 27.17 months of P&IRequired P&I Reserves are $4,076.95 x 12 = $48,923.40. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 36.34%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  765 credit score exceeds minimum of 700 with an LTV of 80%.

Complete

430668683

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

10/30/19 Lender provided corrected PCCD 10/28/19

10/30/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $110,772.35 or 27.17 months of P&IRequired P&I Reserves are $4,076.95 x 12 = $48,923.40. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 36.34%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  765 credit score exceeds minimum of 700 with an LTV of 80%.

Complete

430709343

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

11.14.19 Received pccd from client

11.14.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit report of 738 exceeds the guideline requirement of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.85 is below the guideline max of 49.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 67.59 is below the guideline maximum allowable of 80.00%.

Complete

430709343

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

11.14.19 Received pccd from client

11.14.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit report of 738 exceeds the guideline requirement of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.85 is below the guideline max of 49.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 67.59 is below the guideline maximum allowable of 80.00%.

Complete

430709343

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.14.19 Received pccd from client

11.14.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit report of 738 exceeds the guideline requirement of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.85 is below the guideline max of 49.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 67.59 is below the guideline maximum allowable of 80.00%.

Complete

430709343

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

The file is missing an updated valuation.

11.13.19 Updated value received, appraised value supported.

11.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit report of 738 exceeds the guideline requirement of 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.85 is below the guideline max of 49.00%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 67.59 is below the guideline maximum allowable of 80.00%.

Complete

430678972

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation to support appraised value.

11.07.19 Updated value received, appraised value supported.

11.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 70%. Loan LTV is at 54.19%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $80,376.31 or 32.79 months of P&IRequired P&I Reserves are $2,451.01 x 6 = $14,706.06 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 6 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 15 years.

Complete

430678973

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

Right of Rescission

Satisfied

N/A

B

N/A

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date is on/before disclosed "midnight of" date

11.11.19 Received PCCD from client.

11.11.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 790; minimum required score is 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 52.13%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.36%; max allowable is 49%.

Complete

430678973

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

Right of Rescission

Satisfied

N/A

B

N/A

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date per final CD is prior to end of recission period.

11.11.19 Received pccd for client

11.11.19 exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 790; minimum required score is 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 52.13%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.36%; max allowable is 49%.

Complete

430678973

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID4579

TRID - CD: Missing Initial CD

No

There is only one CD in file issued on xx/xx/xxxx.

11.11.19 Received final and pccd from client.

11.11.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 790; minimum required score is 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 52.13%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.36%; max allowable is 49%.

Complete

430678973

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 790; minimum required score is 680. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 52.13%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.36%; max allowable is 49%.

Complete

430709346

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  The following fee (line 04) identifies the payee as "TBD": Home Warranty

11.22.19 Received PCCD from client.

11.22.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI 35.28%; maximum DTI allowed 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower qualifying credit score 753; minim score required is 700.

Complete

430709346

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.22.19 Received PCCD from client.

11.22.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI 35.28%; maximum DTI allowed 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower qualifying credit score 753; minim score required is 700.

Complete

430709347

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Non-Numeric Error - The seller's CD xx/x/x/xxxx other costs section F Property taxes for xxxx  is missing on the final CD xx/x/x/xxxx other costs section F.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $133,548.63 or 64 months of P&I.Required P&I Reserves are $2,086.62 x 12 = $25,039.44. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 805; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 33.77%; max allowable is 49%.

Complete

430709347

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3708

TRID - Curable Issue #2 related to the Closing Disclosure in file

No

Non-Numeric Error - The seller's CD xx/x/x/xxxx other costs section E lines 2 is missing on the final CD xx/x/x/xxxx other costs section E.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $133,548.63 or 64 months of P&I.Required P&I Reserves are $2,086.62 x 12 = $25,039.44. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 805; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 33.77%; max allowable is 49%.

Complete

430709347

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3750

TRID - Error #10 discovered on Closing Disclosure

No

Non-Numeric Error - The seller's CD xx/x/x/xxxx other costs section H lines 1-2 fess is missing on the final CD xx/x/x/xxxx other costs section H.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $133,548.63 or 64 months of P&I.Required P&I Reserves are $2,086.62 x 12 = $25,039.44. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 805; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 33.77%; max allowable is 49%.

Complete

430709347

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3882

TRID - Error #11 discovered on Closing Disclosure

No

Non-Numeric Error - The final CD xx/x/x/xxxx other costs section F prepaids Homeowners insurance premium identifies a value but who the fee is payable to is missing.

11/14/19 Lender provided corrected PCCD 11/8/19

11/14/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $133,548.63 or 64 months of P&I.Required P&I Reserves are $2,086.62 x 12 = $25,039.44. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 805; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 33.77%; max allowable is 49%.

Complete

430709347

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Homeowners Insurance Premium (line 01) is missing the payee.

11/14/19 Lender provided corrected PCCD 11/8/19

11/14/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $133,548.63 or 64 months of P&I.Required P&I Reserves are $2,086.62 x 12 = $25,039.44. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 805; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 33.77%; max allowable is 49%.

Complete

430709347

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - 10/24/2019 - Loan Costs, Section B. Services Borrower Did Not Shop For: HOA Cert Fee (line 04) is missing the payee.

11/14/19 Lender provided corrected PCCD 11/8/19

11/14/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $133,548.63 or 64 months of P&I.Required P&I Reserves are $2,086.62 x 12 = $25,039.44. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 805; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 33.77%; max allowable is 49%.

Complete

430709347

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.12.19 Updated value received, appraised value supported.

11.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $133,548.63 or 64 months of P&I.Required P&I Reserves are $2,086.62 x 12 = $25,039.44. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 805; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 33.77%; max allowable is 49%.

Complete

430678974

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.4.19 Received pccd from client, formatting remains as there is an error in loan disclosure formatting.11.6.19 Received revised PCCD from client.

11.6.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  764 Fico exceeds 700 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  27% DTI is below max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post close assets $180,120.26 or 39.64 months P&I.Required P&I is 12 x $4,542.31=$54,507.12.

Complete

430678974

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

A

N/A

A

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

Clerical error per PCCD issued xx/xx/xxxx; Loan Disclosures section does not indicate if escrow account was declined or not offered.

11.4.19 Lender provided

11.4.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  764 Fico exceeds 700 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  27% DTI is below max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post close assets $180,120.26 or 39.64 months P&I.Required P&I is 12 x $4,542.31=$54,507.12.

Complete

430678975

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

11/11/19 Lender provided corrected PCCD 11/5/19 with a disbursement date of XXX

11/11/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 779, minimum allowed is 720 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 44.29%, maximum allowed is 75%

Complete

430678975

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR1909

Incorrect ROR Form Used - H8 Form Used in Refinance With Original Creditor

No

H8 Form Used in Refinance With Original Creditor. H9 is required.

11/11/19 Lender provided PCCD 11/5/1911/18/19 Received NORTC from client

11/18/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 779, minimum allowed is 720 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 44.29%, maximum allowed is 75%

Complete

430678975

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

11/11/19 Lender provided corrected PCCD 11/5/19 with a disbursement date of XXX

11/11/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 779, minimum allowed is 720 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 44.29%, maximum allowed is 75%

Complete

430678975

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Missing RCE to support HOI policy in file

11.10.19 Received RCE supporting HOI policy in file

11.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 779, minimum allowed is 720 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 44.29%, maximum allowed is 75%

Complete

430678975

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 779, minimum allowed is 720 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 44.29%, maximum allowed is 75%

Complete

430709350

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11/13/19 Lender provided corrected PCCD 11/5/19

11/13/19 Exception satsifed

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 804 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has  been in profession for 10 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided in current residence for 10 years

Complete

430709350

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/13/19 Lender provided corrected PCCD 11/5/19

11/13/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 804 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has  been in profession for 10 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided in current residence for 10 years

Complete

430678977

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  52.10% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  741 credit score exceeds minimum score of 650. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.22% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $99,614.23 or 56.59 months of P&I. Required Reserves are $1760.15 x 6 = $10,560.90.

Complete

430765400

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 32.33%; Max is 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  727 credit score exceeds minimum of 700 with an LTV of 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $22,529.98 or 20.82 months of P&IRequired P&I Reserves are $1,082.24 x 12 = $12,986.88.

Complete

430709354

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

Missing final signed application for borrower 2.

11.19.19 Received Missing signed 1003 for Co-Borrower

11.19.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 768 is above the guideline requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 34.16 is below the guideline requirement of 49.00%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Both borrower's Consumer credit histories exceed the 0x30x24 guideline requirement.  Neither borrower has reported late payments at all. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $68,843.20 exceed the guideline requirement of $16,963.68.

Complete

430709354

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

The 1008 in the file references only Borrower 1 by name. There was no income considered for B1 in qualifying. B2's name does not appear on the 1008; however his income is listed.

11.19.19 Received corrected 1008

11.19.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 768 is above the guideline requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 34.16 is below the guideline requirement of 49.00%. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Both borrower's Consumer credit histories exceed the 0x30x24 guideline requirement.  Neither borrower has reported late payments at all. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $68,843.20 exceed the guideline requirement of $16,963.68.

Complete

430709355

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the max LTV of 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 42.21% is below the max DTI of 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO 737 exceeds the minimum  FICO of 700

Complete

430765401

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.05.19 Updated value received, appraised value supported.

12.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  783 credit score exceeds minimum of 660 with an LTV of 70%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a 783 credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 40.18%; Max is 49%.

Complete

430709356

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric ErrorCD xx/x/x/xxxxOther Costs section "F" - line 01 is missing number of months being paid.

11/11/19 Lender provided corrected PCCD 11/4/19

11/11/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 808; minimum required score is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 40.52%; max allowable is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 47.16%; max allowable is 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,537.31 or 9.37 months of P&I.Required P&I Reserves are $1,871.38 x 6 = $11,228.28.

Complete

430709356

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Numeric Material error per final cd issued xx/xx/xxxx air table, index length of time is not specified.

11/11/19 Lender provided corrected PCCD 11/4/19

11/11/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 808; minimum required score is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 40.52%; max allowable is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 47.16%; max allowable is 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,537.31 or 9.37 months of P&I.Required P&I Reserves are $1,871.38 x 6 = $11,228.28.

Complete

430709356

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.06.19 Updated value received, appraised value supported.

11.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 808; minimum required score is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 40.52%; max allowable is 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 47.16%; max allowable is 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $17,537.31 or 9.37 months of P&I.Required P&I Reserves are $1,871.38 x 6 = $11,228.28.

Complete

430709357

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  Home Owners Warranty & Natural Hazard Report fees (lines 01 & 02) identify the payees as "TBD".

11/13/19 Lender provided corrected PCCD 11/5/19

11/13/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  703 credit score exceeds minimum required of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.96% DTI is below max of 49 % CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80%

Complete

430709357

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/13/19 Lender provided corrected PCCD 11/5/19

11/13/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  703 credit score exceeds minimum required of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.96% DTI is below max of 49 % CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80%

Complete

430709357

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.07.19 Updated value received, appraised value supported.

11.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  703 credit score exceeds minimum required of 660. CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.96% DTI is below max of 49 % CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80%

Complete

430709358

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 808 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 30 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided in current residence for over 4 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $143,169.40 or 63.89 mos P&I. P&I Reserves $2240.75  x 12 mos P&I are $26,889.00.

Complete

430709360

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.18.19 Updated value received, appraised value supported.

11.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  56.94% LTV is below maximum of 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $98,204.18  or 42.77 months of P&I. Required Reserves are $2295.88 x 6 = $13,775.28. CFCFS1744: DTI below guideline requirement - Clayton Comments:  36.36% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  747 credit score exceeds minimum of 640.

Complete

430709361

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Numeric Non-Material Error  CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Property Taxes fee (line 04) is missing the number of months covered by value entered.

12.17.19 Received PCCD from client.

12.17.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $33,448.34 or 15.91 months of P&I.Required P&I Reserves are $2,101.95 x 12 = $25,223.40. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 712; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 47.32%; max allowable is 49%.

Complete

430709361

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4050

TRID - CD: The Minimum Interest on the AIR Table of the Final Closing Disclosure does not match the Minimum Interest Rate on the Note

No

Numeric-Material Error - CD xx/x/x/xxxx - The Minimum Interest on the AIR Table of the Final Closing Disclosure  (4.990%) does not match the Minimum Interest Rate on the Note (the "Margin" 3.75%).

12.17.19 Received updated note and dot from client.

12.17.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $33,448.34 or 15.91 months of P&I.Required P&I Reserves are $2,101.95 x 12 = $25,223.40. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 712; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 47.32%; max allowable is 49%.

Complete

430709361

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5023

TRID  CD:  The Minimum Payment disclosed in at least one column of the Final Closing Disclosure does not match the Minimum Payment that Clayton calculates based upon the Note Terms

No

Numeric-Material Error - CD xx/x/x/xxxx - The Minimum Payment disclosed in columns 3 & 4 of the Final Closing Disclosure ($xxxx) does not match the Minimum Payment that Clayton calculates based upon the Note Terms ($xxxx).

12.17.19 Received updated note and dot from client.

12.17.19 exception satisfied.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $33,448.34 or 15.91 months of P&I.Required P&I Reserves are $2,101.95 x 12 = $25,223.40. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 712; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 47.32%; max allowable is 49%.

Complete

430709361

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5033

TRID - CD: The Total Minimum Payment disclosed in at least one column of the Projected Payments section of the Final Closing Disclosure does not match the Total Minimum Payment that Clayton calculates.

No

Numeric-Material Error - CD xx/x/x/xxxx - The Total Minimum Payment disclosed in columns 3 & 4 of the Projected Payments section of the Final Closing Disclosure ($xxxx) does not match the Total Minimum Payment that Clayton calculates ($xxxx).

12.17.19 Received updated note and dot from client.

12.17.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $33,448.34 or 15.91 months of P&I.Required P&I Reserves are $2,101.95 x 12 = $25,223.40. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 712; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 47.32%; max allowable is 49%.

Complete

430709362

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  Home Owners Warranty & Pest Inspection fees (lines 02 & 04) identify the payees as "TBD".

11.11.19 Received pccd from client

11.11.19 exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.78% LTV is below maximum of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 670 exceeds the minimum  fico of 650 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 43.83% is below the max dti of 49%

Complete

430709362

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.11.19 received pccd from client

11.11.19 exception satisfied

Non-Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.78% LTV is below maximum of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 670 exceeds the minimum  fico of 650 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 43.83% is below the max dti of 49%

Complete

430709362

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3730

TRID - Error #2 discovered on Closing Disclosure

No

Numeric Material Error: Final CD xx/x/x/xxxx - Loan Disclosures Section, Escrow Account: Non-Escrowed Property Costs over Year 1 has a value of $xxxx, but is missing the fee description.

11.11.19 Received pccd from client.

11.11.19 exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.78% LTV is below maximum of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 670 exceeds the minimum  fico of 650 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 43.83% is below the max dti of 49%

Complete

430709362

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

11.11.19 received seller cd from client.

11.11.19 exception satisfied

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.78% LTV is below maximum of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 670 exceeds the minimum  fico of 650 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 43.83% is below the max dti of 49%

Complete

430709362

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

Credit

Assets

Satisfied

D

A

D

A

CRDAST2354

Asset Verification In File is Incomplete Per Requirements

No

Missing gift letter for $9000 gift wired to escrow.

11.10.19 Received signed Gift Letter for $9,000.00

11.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.78% LTV is below maximum of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 670 exceeds the minimum  fico of 650 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 43.83% is below the max dti of 49%

Complete

430709362

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.08.19 Updated value received, appraised value supported.

11.08.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.78% LTV is below maximum of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 670 exceeds the minimum  fico of 650 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  dti of 43.83% is below the max dti of 49%

Complete

430709365

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11/14/19 Lender provided corrected PCCD 11/14/19

11/14/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  737 fico exceeds 700 mid score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.94% DTI is below max of 49%

Complete

430709366

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.20.19 Updated value received, appraised value supported.

11.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 36.67% is below the max ltv of 70% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 720 exceeds the minimum  fico of 650 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 27 years

Complete

430709367

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error -  The seller CD xx/x/x/xxxx loan costs section C lines 1-2 and other costs section E line 1 for recording fee is missing on the final CD xx/x/x/xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60 is below the guideline max of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 755 exceeds the guideline minimum requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 36.50 is below the guideline max allowable of 49.00%.

Complete

430709367

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

There is no final application in the file for borrower 2.

11.19.19 Received Final 1003 for Co-Borrower

11.19.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60 is below the guideline max of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 755 exceeds the guideline minimum requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 36.50 is below the guideline max allowable of 49.00%.

Complete

430709367

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Assets

Satisfied

D

A

D

A

CRDAST2354

Asset Verification In File is Incomplete Per Requirements

No

Borrower received 11 gifts totaling $1,600,000. There is documentation of the receipt of funds for only 3 of these gifts in the amounts of $100,000, $120,000 and $250,000, leaving $1,130,000 in funds to be verified.

11.21.19 Received Copies of receipt of funds

11.21.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60 is below the guideline max of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 755 exceeds the guideline minimum requirement of 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 36.50 is below the guideline max allowable of 49.00%.

Complete

430709368

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Active

N/A

B

N/A

B

CMPTRID5019

TRID - Closing Disclosure; Optional designation missing from optional insurance product

No

Non numeric error: PCCD xx/x/x/xxxxther Costs: Section H: Line 1: Home Warranty, $xxxx is being paid by the borrower, missing the Optional designation.

(No Data)

(No Data)

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.73% DTI is below max of 49% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x43. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 744; requires 700.

Complete

430709368

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Numeric Non-Material Error  CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Property Taxes fee (line 04) is missing the number of months covered by value entered.

11/14/19 Lender provided corrected PCCD 11/13/19

11/14/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.73% DTI is below max of 49% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x43. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 744; requires 700.

Complete

430709368

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4282

TRID - CD: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

11/14/19 Lender provided corrected PCCD 11/13/19

11/14/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.73% DTI is below max of 49% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x43. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 744; requires 700.

Complete

430709368

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4283

TRID - CD: The value for Deposit in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Deposit in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($-14,250).

11/14/19 Lender provided corrected PCCD 11/13/19

11/14/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.73% DTI is below max of 49% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x43. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 744; requires 700.

Complete

430709368

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

11/14/19 Lender provided corrected PCCD 11/13/19

11/14/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.73% DTI is below max of 49% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x43. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 744; requires 700.

Complete

430709368

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

11/14/19 Lender provided corrected PCCD 11/13/19

11/14/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.73% DTI is below max of 49% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x43. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 744; requires 700.

Complete

430709368

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4311

TRID - CD: The value for Adjustments and Other Credits in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Adjustments and Other Credits in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($-14,250).

11/14/19 Lender provided corrected PCCD 11/13/19

11/14/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.73% DTI is below max of 49% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x43. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 744; requires 700.

Complete

430709368

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11/14/19 Lender provided corrected PCCD 11/13/19

11/14/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  39.73% DTI is below max of 49% CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x43. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 744; requires 700.

Complete

430765404

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

Compliance Manual

Satisfied

D

A

D

A

CMPMAN2956

Missing disclosure

No

Missing the closing CD. Only have the initial CD xx/x/x/xxxx on file.

12.3.19 Received final cd from client.

12.3.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Borrower's Post Close Assets are $291,659.34 or 65.61 months of P&I.Required P&I Reserves are $4,445.40 x 12 = $53,344.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 732; requires 700. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x99.

Complete

430765404

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Loan Costs, Section B. Services Borrower Did Not Shop For: The following fees (lines 02 & 05) identifies the payee as "TBD": Appraisal Field Review Fee & Inspection Fee/Survey.

12.3.19 Received final cd from client.

12.3.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Borrower's Post Close Assets are $291,659.34 or 65.61 months of P&I.Required P&I Reserves are $4,445.40 x 12 = $53,344.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 732; requires 700. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x99.

Complete

430765404

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

Non-Numeric Error -  The initial and final CD xx/x/x/xxxx: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected.

12.3.19 Received final cd from client.

12.3.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Borrower's Post Close Assets are $291,659.34 or 65.61 months of P&I.Required P&I Reserves are $4,445.40 x 12 = $53,344.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 732; requires 700. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x99.

Complete

430765404

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4050

TRID - CD: The Minimum Interest on the AIR Table of the Final Closing Disclosure does not match the Minimum Interest Rate on the Note

No

Numeric-Material Error - CD xx/x/x/xxxx: The Minimum Interest on the AIR Table of the Final Closing Disclosure (5.375%) does not match the Minimum Interest Rate on the Note (3.75% the "Margin").

12.3.19 Received final cd from client.

12.3.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Borrower's Post Close Assets are $291,659.34 or 65.61 months of P&I.Required P&I Reserves are $4,445.40 x 12 = $53,344.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 732; requires 700. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x99.

Complete

430765404

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5023

TRID  CD:  The Minimum Payment disclosed in at least one column of the Final Closing Disclosure does not match the Minimum Payment that Clayton calculates based upon the Note Terms

No

Numeric-Material Error - CD xx/x/x/xxxx: The Minimum Payment disclosed in at least one column of the Final Closing Disclosure ($xxxx) does not match the Minimum Payment that Clayton calculates based upon the Note Terms ($xxxx).

12.3.19 Received final cd from client.

12.3.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Borrower's Post Close Assets are $291,659.34 or 65.61 months of P&I.Required P&I Reserves are $4,445.40 x 12 = $53,344.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 732; requires 700. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x99.

Complete

430765404

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5033

TRID - CD: The Total Minimum Payment disclosed in at least one column of the Projected Payments section of the Final Closing Disclosure does not match the Total Minimum Payment that Clayton calculates.

No

Numeric-Material Error - CD xx/x/x/xxxx: The Total Minimum Payment disclosed in at least one column of the Final Closing Disclosure ($xxxx) does not match the Total Minimum Payment that Clayton calculates ($xxxx).

12.3.19 Received final cd from client.

12.3.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Borrower's Post Close Assets are $291,659.34 or 65.61 months of P&I.Required P&I Reserves are $4,445.40 x 12 = $53,344.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 732; requires 700. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x99.

Complete

430765404

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing Seller CD.

12.3.19 Received final cd from client.

12.3.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Borrower's Post Close Assets are $291,659.34 or 65.61 months of P&I.Required P&I Reserves are $4,445.40 x 12 = $53,344.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score is 732; requires 700. CFCFS1742: Consumer credit history exceeds guidelines - Clayton Comments:  Consumer credit has been paid 0x30x99.

Complete

430765405

XXXXXX

TX

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.06.19 Updated value received, appraised value supported.

12.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $87,409.47 or 158.13 months of P&I.Required P&I Reserves are $552.74 x 6 = $3,316.44 CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 55%; max allowable is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 777; minimum required score is 650. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Subject DTI is 30.03%; max allowable is 49%.

Complete

430709372

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4050

TRID - CD: The Minimum Interest on the AIR Table of the Final Closing Disclosure does not match the Minimum Interest Rate on the Note

No

Numeric-Material Error: Final CD xx/x/x/xxxx The Minimum Interest 4.99% on the AIR Table does not match the Minimum Interest Rate 3.750% (the "Margin") on the Note.

12.12.19 Received note, dot and pccd from client.

12.12.19 exception satisfied.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 737 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 7 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 2 years

Complete

430709372

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5023

TRID  CD:  The Minimum Payment disclosed in at least one column of the Final Closing Disclosure does not match the Minimum Payment that Clayton calculates based upon the Note Terms

No

Numeric-Material Error: Final CD xx/x/x/xxxx The Minimum Payment disclosed $xxxx columns 2, 3 and 4 of the Final Closing Disclosure does not match the Minimum Payment $xxxx calculated based upon the Note Terms.

12.12.19 Received note, dot and pccd from client.

12.12.19 exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 737 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 7 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 2 years

Complete

430709372

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5033

TRID - CD: The Total Minimum Payment disclosed in at least one column of the Projected Payments section of the Final Closing Disclosure does not match the Total Minimum Payment that Clayton calculates.

No

Numeric-Material Error: Final CD xx/x/x/xxxx The Total Minimum Payment $xxxx disclosed in columns 2, 3 and 4 of the Projected Payments section does not match the Total Minimum Payment $xxxx calculated based upon the Note terms.

12.12.19 Received note, dot and pccd from client.

12.12.19 exception satisfied.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 737 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 7 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 2 years

Complete

430709372

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Total dwelling coverage of $xxxx is below loan amount of $xxxx.  Missing insurer's replacement cost estimate to ensure minimum FNMA requirement is met.

11.19.19 Received RCE to support HOI Policy

11.19.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 737 exceeds the minimum  fico of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 7 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 2 years

Complete

430709374

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  Home Warranty fee (line 02) identifies the payee as "TBD".

11.14.19 Received pccd from client

11.14.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $129,821.70 or 83.19 months of P&I.Required P&I Reserves are $1,560.37 x 6 = $9,362.22. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 740; minimum required score is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.79%; max allowable is 49%.

Complete

430709374

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.14.19 Received pccd from client

11.14.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $129,821.70 or 83.19 months of P&I.Required P&I Reserves are $1,560.37 x 6 = $9,362.22. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 740; minimum required score is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.79%; max allowable is 49%.

Complete

430709374

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.14.19 Updated value received, appraised value supported.

11.14.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $129,821.70 or 83.19 months of P&I.Required P&I Reserves are $1,560.37 x 6 = $9,362.22. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; max allowable is 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 740; minimum required score is 640. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.79%; max allowable is 49%.

Complete

430709375

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Hazard needs to cover 80% of appraised value. Loan amount $xxxx, appraisal $xxxxk @ 80% is $xxxxk, and hazard is only $xxxx. Missing replacement cost estimate.

11.19.19 Received RCE supporting HOI policy

11.19.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.00 is below the guideline max allowed of 70.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $33,367.65 exceeds the guideline required $14,522.88. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 6.88 is below the guideline max allowable of 49.00%.

Complete

430709375

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

The file is missing an updated valuation.

11.20.19 Updated value received, appraised value supported.

11.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 65.00 is below the guideline max allowed of 70.00%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $33,367.65 exceeds the guideline required $14,522.88. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 6.88 is below the guideline max allowable of 49.00%.

Complete

430709377

XXXXXX

PA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.26.19 Updated value received, appraised value supported.

11.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a credit score of 774. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  774 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.56%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $31,375.82 or 43.33 months of P&IRequired P&I Reserves are $724.17 x 6 = $4,345.02.

Complete

430709380

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4235

TRID - CD: The Total Closing Costs (Borrower-Paid) amount disclosed in the CD Other Costs section does not equal its component parts

No

CD xx/x/x/xxxx is missing page 4, Loan Disclosures.

11.22.19 Received all pages of final CD from client.

11.22.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 713 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower resided at current residence for 8 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $92,433.17 or 46.50 mos P&IP&I Reserves  $1987.90 x6 mos P&I are $11,927.40

Complete

430709380

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx is missing page 4, Loan Disclosures.

11.22.19 Received all pages of final CD from client.

11.22.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 713 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower resided at current residence for 8 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $92,433.17 or 46.50 mos P&IP&I Reserves  $1987.90 x6 mos P&I are $11,927.40

Complete

430709380

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4354

TRID - CD: At least one statement or section of the form that is required by the Regulation is not contained on the form

No

CD xx/x/x/xxxx is missing page 4, Loan Disclosures.

11.22.19 Received all pages of final CD from client.

11.22.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 713 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower resided at current residence for 8 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $92,433.17 or 46.50 mos P&IP&I Reserves  $1987.90 x6 mos P&I are $11,927.40

Complete

430709380

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3950

TRID - CD: The Additional Product Feature value in the CD Loan Information section and the Negative Amortization disclosure in the CD Loan Disclosures section are not consistent

No

CD xx/x/x/xxxx is missing page 4, Loan Disclosures.

11.22.19 Received all pages of final CD from client.

11.22.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 713 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower resided at current residence for 8 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $92,433.17 or 46.50 mos P&IP&I Reserves  $1987.90 x6 mos P&I are $11,927.40

Complete

430709380

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4346

TRID - CD: Monthly Escrow Amount in Projected Payments is inconsistent with annual cost in Loan Disclosure section

No

CD xx/x/x/xxxx is missing page 4, Loan Disclosures.

11.22.19 Received all pages of final CD from client.

11.22.19 Exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 713 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower resided at current residence for 8 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $92,433.17 or 46.50 mos P&IP&I Reserves  $1987.90 x6 mos P&I are $11,927.40

Complete

430709380

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4350

TRID - CD:  At least one statement or section of the form that is required by the Regulation is not contained on the form

No

CD xx/x/x/xxxx is missing page 4, Loan Disclosures.

11.22.19 Received all pages of final CD from client.

11.22.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 713 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower resided at current residence for 8 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $92,433.17 or 46.50 mos P&IP&I Reserves  $1987.90 x6 mos P&I are $11,927.40

Complete

430709380

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5152

TRID - CD: Monthly Non-Escrowed Amount in Projected Payments is inconsistent with annual cost in the Loan Disclosures section

No

CD xx/x/x/xxxx is missing page 4, Loan Disclosures.

11.22.19 Received all pages of final CD from client.

11.22.19 Exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 713 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years CFCFS1736: Significant time at current residence - Clayton Comments:  borrower resided at current residence for 8 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets of $92,433.17 or 46.50 mos P&IP&I Reserves  $1987.90 x6 mos P&I are $11,927.40

Complete

430709382

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11/14/19 Lender provided corrected PCCD 11/8/19

11/14/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $48,968.75 or 14.51 months of P&I.Required P&I Reserves are $3,374.51 x 12 = $40,494.12. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 697; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 32.68%; max allowable is 49%.

Complete

430709382

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD is not in the service file.

11/14/19 Lender provided Seller CD

11/14/19 Exception satisfied

Not Applicable

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $48,968.75 or 14.51 months of P&I.Required P&I Reserves are $3,374.51 x 12 = $40,494.12. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 697; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 32.68%; max allowable is 49%.

Complete

430709382

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.13.19 Updated value received, appraised value supported.

11.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $48,968.75 or 14.51 months of P&I.Required P&I Reserves are $3,374.51 x 12 = $40,494.12. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 697; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 32.68%; max allowable is 49%.

Complete

430709383

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.21.19 Updated value received, appraised value supported.

11.21.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  779 Fico exceeds 640 mid score.

Complete

430709384

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.21.19 Updated value received, appraised value supported.

11.21.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $111,737.64 or 37.54 months of P&I.Required P&I Reserves are $2,976.22 x 12 = $35,714.64. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 699; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 40.01%; max allowable is 49%.

Complete

430765408

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

12.15.19 Received pccd from client.

12.15.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 12 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.81% DTI is below max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  $185,906.95 or 63.28 months P&I exceed required 6 months or $17,625.06.

Complete

430765408

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

12.15.19 Received pccd from client.

12.15.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 12 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.81% DTI is below max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  $185,906.95 or 63.28 months P&I exceed required 6 months or $17,625.06.

Complete

430765408

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.12.19 Updated value received, appraised value supported.

12.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 12 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.81% DTI is below max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  $185,906.95 or 63.28 months P&I exceed required 6 months or $17,625.06.

Complete

430678982

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11/11/19 Lender provided corrected PCCD 11/8/19

11/11/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with current employer for the past 7 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 761, minimum allowed is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 33.81 / 38.94 maximum allowed is 49%

Complete

430678982

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11/11/19 Lender provided corrected PCCD 11/8/19

11/11/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with current employer for the past 7 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 761, minimum allowed is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 33.81 / 38.94 maximum allowed is 49%

Complete

430678982

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3730

TRID - Error #2 discovered on Closing Disclosure

No

Numeric Material Error: Final CD xx/x/x/xxxx - Loan Disclosures Section, Escrow Account: Non-Escrowed Property Costs over Year 1 has a value of $xxxx but is missing the fee description.

11/11/19 Lender provided corrected PCCD 11/8/19

11/11/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with current employer for the past 7 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 761, minimum allowed is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 33.81 / 38.94 maximum allowed is 49%

Complete

430678982

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.07.19 Updated value received, appraised value supported.

11.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with current employer for the past 7 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 761, minimum allowed is 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 33.81 / 38.94 maximum allowed is 49%

Complete

430765409

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.13.19 Updated value received, appraised value supported.

12.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower qualifying credit score is 808; minimum score required per guideline is 700. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Subject LTV is 59.70%; maximum LTV allowed per guideline is 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Borrowers Post Close Assets are $22,694.21 or 17.34 months of P&I.Required P&I Reserves are $1,308.72 x 6 = $7,852.32.

Complete

430765410

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

D

A

D

A

C

A

D

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing Seller CD and other documentation of seller paid fees outside of borrower's CD.

12.16.19 Received seller cd from client.

12.16.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 75% with a 683 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  683 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.60%; Max is 49%.

Complete

430765410

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

D

A

D

A

C

A

D

A

D

A

Credit

Assets

Satisfied

C

A

C

A

CRDAST206

Asset Amounts Are Unsupported by Documentation in File

No

Missing proof of receipt of $60,000 per Gift letter from Uncle.

12.17.19 Received Receipt for $60,000.00 Gift

12.17.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 75% with a 683 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  683 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.60%; Max is 49%.

Complete

430765410

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

D

A

D

A

C

A

D

A

D

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.12.19 Updated value received, appraised value supported.

12.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 75% with a 683 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  683 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.60%; Max is 49%.

Complete

430709388

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

Credit

Assets

Active

B

B

B

B

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Post close assets $19,015.63 or 9.13 months P&I. Required P&I 12 x $2081.08=$24,972.96 which means short $5,957.33.

(No Data)

Upon further review by Senior Underwriter, exception deemed non-material due to 811 credit score and 75% LTV.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  811 fico exceeds 680 mid score CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below max 80%

Complete

430709388

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.20.19 Updated value received, appraised value supported.

11.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  811 fico exceeds 680 mid score CFCFS1737: LTV below guideline requirements - Clayton Comments:  75% LTV is below max 80%

Complete

430709390

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

B

A

A

C

B

C

B

B

B

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  The following fees (lines 01-05, 09) identify the payees as "TBD": Association Dues, Document Fee, Home Owners Warranty, Natural Hazard Disclosure, Pest Inspection and Transfer Fee.

12.12.19 Received pccd from client.

12.12.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  725 fico exceeds 700 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.31% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.79% is below max of 80%

Complete

430709390

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

B

A

A

C

B

C

B

B

B

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12.12.19 Received pccd from client.

12.12.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  725 fico exceeds 700 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.31% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.79% is below max of 80%

Complete

430709390

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

B

A

A

C

B

C

B

B

B

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4050

TRID - CD: The Minimum Interest on the AIR Table of the Final Closing Disclosure does not match the Minimum Interest Rate on the Note

No

Numeric-Material Error - CD xx/x/x/xxxx: The Minimum Interest on the AIR Table of the Final Closing Disclosure (4.99%) does not match the Minimum Interest Rate on the Note (3.75% the "Margin").

12.12.19 Received note, dot and pccd from client.

12.12.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  725 fico exceeds 700 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.31% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.79% is below max of 80%

Complete

430709390

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

B

A

A

C

B

C

B

B

B

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5023

TRID  CD:  The Minimum Payment disclosed in at least one column of the Final Closing Disclosure does not match the Minimum Payment that Clayton calculates based upon the Note Terms

No

Numeric-Material Error - CD xx/x/x/xxxx: The Minimum Payments disclosed in columns 3 & 4 of the Final Closing Disclosure ($xxxx) does not match the Minimum Payment that Clayton calculates based upon the Note Terms ($xxxx).

12.12.19 Received note, dot and pccd from client.

12.12.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  725 fico exceeds 700 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.31% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.79% is below max of 80%

Complete

430709390

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

B

A

A

C

B

C

B

B

B

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5033

TRID - CD: The Total Minimum Payment disclosed in at least one column of the Projected Payments section of the Final Closing Disclosure does not match the Total Minimum Payment that Clayton calculates.

No

Numeric-Material Error - CD xx/x/x/xxxx: The Total Minimum Payment disclosed in columns 3 & 4 of the Projected Payments section of the Final Closing Disclosure ($xxxx) does not match the Total Minimum Payment that Clayton calculates ($xxxx).

12.12.19 Received note, dot and pccd from client.

12.12.19 exception satisfied.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  725 fico exceeds 700 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.31% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.79% is below max of 80%

Complete

430709390

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

B

A

A

C

B

C

B

B

B

A

A

C

B

Credit

Assets

Active

B

B

B

B

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Post close assets $7,273.25 or 5.89 months P&I. Required P&I reserves is 6 months or $7,399.68.

(No Data)

Upon further review exception is deem non material due to 725 fico, 64.79% LTV, and DTI of 38.31%.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  725 fico exceeds 700 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.31% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.79% is below max of 80%

Complete

430709390

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

B

B

A

A

C

B

C

B

B

B

A

A

C

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.20.19 Updated value received, appraised value supported.

11.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  725 fico exceeds 700 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.31% DTI is below max 49% CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.79% is below max of 80%

Complete

430709391

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Credit

Income/Employment

Satisfied

A

A

A

A

CRDINC888

Income Amount is  Unsupported by Documentation in File

No

Missing WVOE from current employer.

12.3.19 - Received Written VOE

12.3.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $291,690.80 or 166.95 months of P&I.Required P&I Reserves are $1,747.11 x 6 = $10,482.66. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 70%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession for 10 years.

Complete

430709391

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.20.19 Updated value received, appraised value supported.

11.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $291,690.80 or 166.95 months of P&I.Required P&I Reserves are $1,747.11 x 6 = $10,482.66. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 70%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession for 10 years.

Complete

430709393

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error -  The seller CD xx/x/x/xxxx section C messenger and notary fee, section E recording fee, and section H for 1st installment property taxes fee is missing on the final CD xx/x/x/xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $154,154.58 or 24.30 months of P&I.Required P&I Reserves are $6,343.37 x 6 = $38,060.22. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; max allowable is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 798; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.48%; max allowable is 49%.

Complete

430709393

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.21.19 Received PCCD from client

11.21.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $154,154.58 or 24.30 months of P&I.Required P&I Reserves are $6,343.37 x 6 = $38,060.22. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; max allowable is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 798; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.48%; max allowable is 49%.

Complete

430709393

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.21.19 Received PCCD from client

11.21.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $154,154.58 or 24.30 months of P&I.Required P&I Reserves are $6,343.37 x 6 = $38,060.22. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; max allowable is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 798; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.48%; max allowable is 49%.

Complete

430709393

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Hazard needs to cover 80% of appraised value. Loan amount $xxxx, appraisal $xxxx @ 80% is $xxxx, and hazard is only $xxxx. Missing replacement cost estimate.

11.22.19 Received RCE, supporting HOI policy

11.22.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $154,154.58 or 24.30 months of P&I.Required P&I Reserves are $6,343.37 x 6 = $38,060.22. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; max allowable is 75%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 798; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.48%; max allowable is 49%.

Complete

430709395

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Numeric Non Material Error: Seller paid fees per CD: xx/xx/xxxx does not match seller CD issued xx/xx/xxxx the following fees on seller CD are missing from CD in the other cost section: Recording fee $xxxx County Transfer tax fee $xxxx, State Transfer tax fee $xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 14 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 18 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  67.35% LTV is below max od 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 Fico exceeds 640 mid score

Complete

430709395

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Numeric Non Material Error: Seller paid fees per CD issued CD: xx/xx/xxxx do not match seller CD issued xx/xx/xxxx the following fees on the seller CD are missing from CD in the loan cost section: Title-Commitment fee $xxxx, Title-CPL fee $xxxx, Title-State of Illinois Policy Registration fee $xxxx and Title-Wire Transfer fee $40.00.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 14 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 18 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  67.35% LTV is below max od 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 Fico exceeds 640 mid score

Complete

430709395

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

N/A

A

N/A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.25.19 Updated value received, appraised value supported.

11.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 14 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 18 years. CFCFS1737: LTV below guideline requirements - Clayton Comments:  67.35% LTV is below max od 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  767 Fico exceeds 640 mid score

Complete

430709396

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Numeric Non-Material Error  CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Property Taxes fee (line 04) is missing the number of months covered by value entered.

11.22.19 Received pccd from client

11.22.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  22.66% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $69,042.84 or 31.26 months of P&I.Required Reserves are $2208.81 x 6 = $13,252.86. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 52.98% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 728 exceeds the minimum  fico of 640 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 34 years

Complete

430709396

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

11.22.19 Received pccd from client

11.22.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  22.66% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $69,042.84 or 31.26 months of P&I.Required Reserves are $2208.81 x 6 = $13,252.86. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 52.98% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 728 exceeds the minimum  fico of 640 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 34 years

Complete

430709396

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.18.19 Updated value received, appraised value supported.

11.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  22.66% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $69,042.84 or 31.26 months of P&I.Required Reserves are $2208.81 x 6 = $13,252.86. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 52.98% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 728 exceeds the minimum  fico of 640 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 34 years

Complete

430709400

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.20.19 Updated value received, appraised value supported.

11.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 717 minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.56%; max allowable is 49%. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence 5 years.

Complete

430765414

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.12.19 Updated value received, appraised value supported.

12.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  754 credit score exceeds the 700 guideline minimum CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.12% DTI < the 43 guideline max CFCFS1737: LTV below guideline requirements - Clayton Comments:  59.57 % LTV < the 80% guideline max

Complete

430709401

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

A

A

A

B

B

B

B

B

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Non-Numeric Error - CD xx/x/x/xxxx  Loan Disclosures Section: The assumption selection (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

11.14.19 Received pccd from client

11.14.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  747 Fico exceeds 700 mid score CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  $66,665.47 cash reserves exceed required $53,197.92.

Complete

430709401

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

A

A

A

B

B

B

B

B

A

A

A

B

B

Credit

DTI

Satisfied

B

A

B

A

CRDDTI187

Debt Ratio > 50%

No

50.20% DTI exceeds 49% max. Lender used $937.50 for taxes and title plus tax bill is $xxxx monthly.

11.19.19 - Received clarification from lender regarding CA Proposition 13 state law property tax limit of 1.25% of transfer amount.  $xxxx x 1.25% = $xxxx ($xxxx monthly).

11.19.19 Exception Satisfied - Upon further review by Sr. Underwriter, adjustment was made to taxes and DTI met guideline.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  747 Fico exceeds 700 mid score CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  $66,665.47 cash reserves exceed required $53,197.92.

Complete

430765415

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

Compliance Manual

Satisfied

D

A

D

A

CMPMAN2956

Missing disclosure

No

Missing the Consummation CD from the file. Last CD in file was issued xx/xx/xxxx with Disbursement date of XXX.

12/13/19 Lender provided final CD xx/x/x/xxxxnd PCCD 12/12/19

12/13/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 12 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 7.83 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  749 fico exceeds 680 mid score CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close reserves of $$215,539.51 or 50.91 months P&I.Required is 6 x $4,233.67 = $25,402.02

Complete

430765415

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

12/13/19 Lender provided corrected PCCD xx/x/x/xxxxith a disbursement date of xx/xx/xxxx

12/13/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 12 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 7.83 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  749 fico exceeds 680 mid score CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close reserves of $$215,539.51 or 50.91 months P&I.Required is 6 x $4,233.67 = $25,402.02

Complete

430765415

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

12/13/19 Lender provided corrected PCCD xx/x/x/xxxxew disbursement date of xx/xx/xxxx

12/13/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 12 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 7.83 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  749 fico exceeds 680 mid score CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close reserves of $$215,539.51 or 50.91 months P&I.Required is 6 x $4,233.67 = $25,402.02

Complete

430765415

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Loan Costs, Section B.:  The following fees (lines 02 & 03) identify the payees as "TBD": Appraisal Fee & Appraisal Field Review

12/13/19 Lender provided corrected PCCD 12/12/19

12/13/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 12 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 7.83 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  749 fico exceeds 680 mid score CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close reserves of $$215,539.51 or 50.91 months P&I.Required is 6 x $4,233.67 = $25,402.02

Complete

430765415

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.12.19 Updated value received, appraised value supported.

12.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 12 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 7.83 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  749 fico exceeds 680 mid score CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close reserves of $$215,539.51 or 50.91 months P&I.Required is 6 x $4,233.67 = $25,402.02

Complete

430765416

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.12.19 Updated value received, appraised value supported.

12.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $192,161.02 or 53.07 months of P&I.Required P&I Reserves are $3,620.84 x 6 = $21,724.04. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 64.03%; max allowable is 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 749; minimum required score is 690.

Complete

430765417

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of xx/xx/xxxx on the ROR.

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.45 DTI is < the 49% maximum CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  751 credit score > the 640 guideline minimum CFCFS1737: LTV below guideline requirements - Clayton Comments:  28.53 LTV is < the 50% guideline maximum CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $$32,849.92 or 12.80 months of P&I Required P&I Reserves are $2,566.66 x 6 = $15,399.96

Complete

430765417

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period xx/xx/xxxx on the ROR.

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.45 DTI is < the 49% maximum CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  751 credit score > the 640 guideline minimum CFCFS1737: LTV below guideline requirements - Clayton Comments:  28.53 LTV is < the 50% guideline maximum CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $$32,849.92 or 12.80 months of P&I Required P&I Reserves are $2,566.66 x 6 = $15,399.96

Complete

430765417

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Tape shows Cash-out, Approval shows Cash-out. Borrower paid off a 1st and 2nd mortgages from 2008 and 2010 respectively.In addition borrower brought funds to closing ($xxxx) Provide Corrected Approval, 1008 and Lock confirmation with Tape or letter of explanation why this is a Cash-out Transaction.

12.10.19 Received PCCD showing borrower receiving more than $2,000 cash back support it as Cash-out Transaction

12.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.45 DTI is < the 49% maximum CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  751 credit score > the 640 guideline minimum CFCFS1737: LTV below guideline requirements - Clayton Comments:  28.53 LTV is < the 50% guideline maximum CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $$32,849.92 or 12.80 months of P&I Required P&I Reserves are $2,566.66 x 6 = $15,399.96

Complete

430765417

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.06.19 Updated value received, appraised value supported.

12.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  43.45 DTI is < the 49% maximum CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  751 credit score > the 640 guideline minimum CFCFS1737: LTV below guideline requirements - Clayton Comments:  28.53 LTV is < the 50% guideline maximum CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $$32,849.92 or 12.80 months of P&I Required P&I Reserves are $2,566.66 x 6 = $15,399.96

Complete

430765418

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 17.08 years. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Cash reserves of $21,220.33 or 17.48 months P&I, exceed $14,566.88 required. CFCFS1744: DTI below guideline requirement - Clayton Comments:  42.57% DTI is below max of 49%

Complete

430709403

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 27.29 is below the guideline max allowed of 49.00%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 758 exceeds guideline requirement of 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of $94,195.90 exceed the guideline requirement of $12,439.08.

Complete

430709404

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric ErrorCD xx/x/x/xxxxOther Costs section "H" - lines 01 and02 identifies a value but who the fee is payable to is missing.

11.25.19 Received PCCD from client.

11.25.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $52,220.57 or 19.42 months of P&I.Required P&I Reserves are $2,687.86.86 x 12 = $32,254.32. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 804; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 39.31%; max allowable is 49%.

Complete

430709405

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

A

B

A

CMPTRID5077

TRID - Closing Disclosure: Percentage Disclosed incorrectly

No

Non-Numeric Error - The seller CD xx/x/x/xxxx loan cost section C title commitment fee, CPL, state of IL, water Certification, wire fee, other cost section H Survey fee, water cert, and zoning cert fee is missing on the final CD xx/x/x/xxxx.

(No Data)

Condition Satisfied. The file contains the Sellers CD reflecting all charges paid by Seller. Fees have been included in the fee testing with no violation.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $20,086.82 or 14.14 months of P&I.Required P&I Reserves are $1,419.69 x 12 = $17,036.28. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 772; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 41.52%; max allowable is 49%.

Complete

430709405

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

A

B

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Non-Numeric Error - The seller CD xx/x/x/xxxx other costs section H Real Estate Commission fee (B) and Real estate commission fee (S) is missing from the Final CD xx/x/x/xxxx.

(No Data)

Condition Satisfied. The file contains the Sellers CD reflecting all charges paid by Seller. Fees have been included in the fee testing with no violation.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $20,086.82 or 14.14 months of P&I.Required P&I Reserves are $1,419.69 x 12 = $17,036.28. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 772; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 41.52%; max allowable is 49%.

Complete

430709406

XXXXXX

MA

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Missing XXX to support HOI policy in file

12.3.19 - Received XXX supporting a re-construction cost of $509,896.00, Policy in file is for only $500,000.00

12.3.19 Exception not Satisifed 12.5.19 Further review of HOI policy in file by Sr. Underwriter supports required Insurenace

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 16 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 755, minimum allowed for a 2-4 unit is 700 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided in his primary for the past 12 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.16 / 41.92%, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $70,169.04  or 25.75 months of P&IRequired P&I Reserves are $2,725.39 x 12 = $32,704.68

Complete

430765421

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Seller paid Title Fees are missing from the Seller-Paid column on the final CD.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  747 credit score exceeds minimum of 700 with a 78% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.74%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $23,913.94 or 24.33 months of P&IRequired P&I Reserves are $982.87 x 12 = $11,794.44.

Complete

430765421

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12.9.16 Received PCCD from client

12.9.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  747 credit score exceeds minimum of 700 with a 78% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.74%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $23,913.94 or 24.33 months of P&IRequired P&I Reserves are $982.87 x 12 = $11,794.44.

Complete

430709407

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Numeric Non Material Error: Seller paid fees per CD: xx/xx/xxxx does not match seller CD issued xx/xx/xxxx the following fees on seller CD are missing from CD in the other cost section: Association Balance fee $53.00, Fed Ex fee $25.00, Title-Closing Protection Letter fee $50.00. Title-Gap Risk Update fee $150.00, Title- State Regulatory fee $40.00 and Wire Fee Proceeds fee $40.00.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 718 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  718 credit score exceeds minimum of 680 with a 75% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.09%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $55,457.68 or 37.87 months of P&IRequired P&I Reserves are $1,464.53 x 6 = $8,787.18.

Complete

430709407

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

11.25.19 Updated value received, appraised value supported.

11.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 718 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  718 credit score exceeds minimum of 680 with a 75% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.09%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $55,457.68 or 37.87 months of P&IRequired P&I Reserves are $1,464.53 x 6 = $8,787.18.

Complete

430765424

XXXXXX

TX

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 39.38% is below the max DTI of 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 739 exceeds the minimum FICO of 700 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 6 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $21,035.09 or 24.76 months of P&IRequired P&I Reserves are $849.40 x 12 = $10,192.80.

Complete

430765425

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 773; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 40.35%; max allowable is 49%. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession 10 years.

Complete

430765426

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.10.19 Updated value received, appraised value supported.

12.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  65% LTV is below maximum of 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  22.11% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $9448.02 or 10.70 months of P&I. Required Reserves are $883.23 x 6 = $5299.38.

Complete

430709411

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $32,245.48 or 28.18 months of P&I.Required P&I Reserves are $1,144.06 x 6 = $6,864.36. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 801; minimum required score is 650. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 37.51%; max allowable is 49%.

Complete

430709411

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.25.19 Updated value received, appraised value supported.

11.25.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $32,245.48 or 28.18 months of P&I.Required P&I Reserves are $1,144.06 x 6 = $6,864.36. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 801; minimum required score is 650. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; max allowable is 80%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 37.51%; max allowable is 49%.

Complete

430765427

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  41.31% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  723 credit score exceeds minimum of 650. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.04% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $274,367.25 or 79.98 months of P&I.Required Reserves are $3,430.27 x 6 = $20,581.62.

Complete

430765427

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

No

The only CD in the file is from the loan Consummation dated XXX. The initial CD is missing from the service file. There is a XXX XXX Certificate for a missing CD dated xx/xx/xxxx on page 258 of the file.

12.11.19 Received initial CD from client,

12.11.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  41.31% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  723 credit score exceeds minimum of 650. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.04% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $274,367.25 or 79.98 months of P&I.Required Reserves are $3,430.27 x 6 = $20,581.62.

Complete

430765427

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID4579

TRID - CD: Missing Initial CD

No

Missing Initial CD; There is a XXX XXX Certificate for a missing CD dated xx/xx/xxxx on page 258 of the file.

12.11.19 Received initial CD from client.

12.11.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  41.31% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  723 credit score exceeds minimum of 650. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.04% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $274,367.25 or 79.98 months of P&I.Required Reserves are $3,430.27 x 6 = $20,581.62.

Complete

430765427

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.10.19 Updated value received, appraised value supported.

12.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  41.31% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  723 credit score exceeds minimum of 650. CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.04% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $274,367.25 or 79.98 months of P&I.Required Reserves are $3,430.27 x 6 = $20,581.62.

Complete

430765428

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.06.19 Updated value received, appraised value supported.

12.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Post Close Assets are $28,668.32 or 12.42 months of P&I.Required Reserves are $2305.71 x 6 = $13,834.26. CFCFS1737: LTV below guideline requirements - Clayton Comments:  62.14% LTV is below maximum of 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  35.40% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  783 credit score exceeds minimum of 660.

Complete

430765430

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD or Settlement Statement not in file.

12.9.19 Received seller cd from client

12.9.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.10% LTV is below maximum of 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.15% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  685 credit score exceeds minimum of 660. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $17,147.40 or 13.51 months of P&I. Required Reserves are $1269.58 x 6 = $7617.48.

Complete

430765430

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.10.19 Updated value received, appraised value supported.

12.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.10% LTV is below maximum of 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.15% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  685 credit score exceeds minimum of 660. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $17,147.40 or 13.51 months of P&I. Required Reserves are $1269.58 x 6 = $7617.48.

Complete

430765432

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

Non-Numeric Material Error - CD xx/x/x/xxxx: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected but neither of You declined it and/or Your lender does not offer one are selected.

12/16/19 Lender provided corrected PCCD 12/9/19

12/16/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $348,312.97 or 36.80 months of P&I.Required P&I Reserves are $9,464.60 x 12 = $113,575.20. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 725; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 44.83%; max allowable is 49%.

Complete

430765433

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

State Consumer Protection

Satisfied

D

A

D

A

CMPSTCP2057

Illinois Pred Lend Database - No Cert of Compliance or Cert of Exemption in file

No

No Cert of Compliance or Cert of Exemption in file.

12.15.19 Received cert of compliance

12.15.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  789 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 78 months mortgage history per credit report. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $33,001.56 or 34.97 months of P&IRequired P&I Reserves are $943.73 x 12 = $11,324.76.

Complete

430765433

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error - The seller CD xx/x/x/xxxx loan costs section C CPL, gap risk, IL statutory Policy, municipal stamp, wire fees, other costs section E transfer fee and municipal stamps, other costs section H Real estate commission (B) & (S), and escrow fees are missing on the final CD xx/x/x/xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  789 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 78 months mortgage history per credit report. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $33,001.56 or 34.97 months of P&IRequired P&I Reserves are $943.73 x 12 = $11,324.76.

Complete

430765433

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12.15.19 Received pccd from client.

12.15.19 exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  789 credit score exceeds minimum of 700 with an 80% LTV. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0 x 30 prior 78 months mortgage history per credit report. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $33,001.56 or 34.97 months of P&IRequired P&I Reserves are $943.73 x 12 = $11,324.76.

Complete

430765436

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  35.97 % LTV is < the 60 % guideline max CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  803 credit score > the 640 guideline minimum

Complete

430765436

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

No replacement cost estimate in file. Hazard only $xxxx; appraisal value is $xxxx and 80% of this value is required or $xxxx coverage.

12.10.19 Received RCE to support HOI Policy

12.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  35.97 % LTV is < the 60 % guideline max CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  803 credit score > the 640 guideline minimum

Complete

430765436

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.10.19 Updated value received, appraised value supported.

12.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  35.97 % LTV is < the 60 % guideline max CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  803 credit score > the 640 guideline minimum

Complete

430765438

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $23,225.36 or 13.70 months of P&I.Required P&I Reserves are $1,694.43 x 12 = $20,322.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 757; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 40.17%; max allowable is 49%.

Complete

430765441

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4282

TRID - CD: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,464.08 or 12.07 months of P&I.Required P&I Reserves are $3,268.33 x 6 = $19,609.98. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 59.70%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.15%; max allowable is 49%.

Complete

430765441

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4283

TRID - CD: The value for Deposit in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Deposit in the LE column of the CD's Calculating Cash to Close table ($0.00) is different from the value disclosed on the last LE xx/x/x/xxxx ($-10,000).

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,464.08 or 12.07 months of P&I.Required P&I Reserves are $3,268.33 x 6 = $19,609.98. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 59.70%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.15%; max allowable is 49%.

Complete

430765441

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,464.08 or 12.07 months of P&I.Required P&I Reserves are $3,268.33 x 6 = $19,609.98. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 59.70%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.15%; max allowable is 49%.

Complete

430765441

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error - CD xx/x/x/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,464.08 or 12.07 months of P&I.Required P&I Reserves are $3,268.33 x 6 = $19,609.98. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 59.70%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.15%; max allowable is 49%.

Complete

430765441

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error   CD 12/4/2019 - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12.11.19 Received PCCD from client.

12.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,464.08 or 12.07 months of P&I.Required P&I Reserves are $3,268.33 x 6 = $19,609.98. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 59.70%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.15%; max allowable is 49%.

Complete

430765441

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.10.19 Updated value received, appraised value supported.

12.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $39,464.08 or 12.07 months of P&I.Required P&I Reserves are $3,268.33 x 6 = $19,609.98. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 59.70%; max allowable is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 46.15%; max allowable is 49%.

Complete

430765444

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12/16/19 Lender provided corrected PCCD 12/12/19

12/16/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  762 credit score exceeds minimum  of 680 with an LTV of 75%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 762 credit score.

Complete

430765444

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.12.19 Updated value received, appraised value supported.

12.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  762 credit score exceeds minimum  of 680 with an LTV of 75%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 762 credit score.

Complete

430765445

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.11.19 Updated value received, appraised value supported.

12.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 33.31%; max allowable is 49%.

Complete

430765446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error -  The seller CD xx/x/x/xxxx  loan costs section C courier and notary fee is missing on the Final CD xx/x/x/xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60.53% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 770 exceeds the minimum  FICO of 650 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.31% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $58,373.27 or 23.67 months of P&IRequired P&I Reserves are $2,466.57 x 6 = $14,799.42.

Complete

430765446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  The following fees (lines 01 & 02) identify the payees as "TBD": Home Warranty & Natural Hazard Disclosure

12.16.19 Received pccd from client.

12.16.19 exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60.53% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 770 exceeds the minimum  FICO of 650 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.31% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $58,373.27 or 23.67 months of P&IRequired P&I Reserves are $2,466.57 x 6 = $14,799.42.

Complete

430765446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12.16.19 Received pccd from client.

12.16.19 exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60.53% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 770 exceeds the minimum  FICO of 650 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.31% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $58,373.27 or 23.67 months of P&IRequired P&I Reserves are $2,466.57 x 6 = $14,799.42.

Complete

430765446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3590

TRID - At least one LE was delivered on or after the date that a CD was delivered

No

The last LE xx/x/x/xxxx was delivered on the same date of the initial CD dated xx/xx/xxxx.

12.16.19 Received XXX  trail and LOE from client.

12.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60.53% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 770 exceeds the minimum  FICO of 650 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.31% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $58,373.27 or 23.67 months of P&IRequired P&I Reserves are $2,466.57 x 6 = $14,799.42.

Complete

430765446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID5051

TRID - CD: Inconsistency between the amounts disclosed for the Homeowners' Insurance premium in one or more sections of the CD

No

Exception satisfied. Corrected by the final CD xx/x/x/xxxx. Initial Escrow Homeowners Insurance Total Amount Per Month value is $xxxx.

(No Data)

12.10.19 Exception Satisfied.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60.53% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 770 exceeds the minimum  FICO of 650 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.31% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $58,373.27 or 23.67 months of P&IRequired P&I Reserves are $2,466.57 x 6 = $14,799.42.

Complete

430765446

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.11.19 Updated value received, appraised value supported.

12.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 60.53% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 770 exceeds the minimum  FICO of 650 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 40.31% is below the max DTI of 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $58,373.27 or 23.67 months of P&IRequired P&I Reserves are $2,466.57 x 6 = $14,799.42.

Complete

430765448

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error - The seller CD xx/x/x/xxxx other costs section H notary, settlement, sub-escrow, and wire fees are missing on the final CD xx/x/x/xxxx.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $$76,191.72 or 13.60 months of P&I.Required P&I Reserves are $5,602.30 x 6 = $33,613.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers qualifying credit score is 726; minimum score required per guideline is 700.

Complete

430765448

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

Non-Numeric Material Error - CD xx/x/x/xxxx: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected.

12/13/19 Lender provided corrected PCCD 12/10/19

12/13/19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $$76,191.72 or 13.60 months of P&I.Required P&I Reserves are $5,602.30 x 6 = $33,613.80. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers qualifying credit score is 726; minimum score required per guideline is 700.

Complete

430765449

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX  on CD XXX is on the disclosed "midnight of" date of XXX  on the ROR.

12/11/19 Lender provided corrected PCCD xx/x/x/xxxxith a disbursement date of XXX

12/11/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $22,147.25 or 12.55 months of P&I.Required P&I Reserves are $1,764.13 x 6 = $10,584.78. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 691; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 41.46%; max allowable is 49%.

Complete

430765449

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD XXX is before end of statutory rescission period XXX on the ROR.

12/11/19 Lender provided corrected PCCD xx/x/x/xxxxith a Disbursement date of XXX

12/11/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $22,147.25 or 12.55 months of P&I.Required P&I Reserves are $1,764.13 x 6 = $10,584.78. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 691; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 41.46%; max allowable is 49%.

Complete

430765449

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.11.19 Updated value received, appraised value supported.

12.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $22,147.25 or 12.55 months of P&I.Required P&I Reserves are $1,764.13 x 6 = $10,584.78. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 691; minimum required score is 680. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 41.46%; max allowable is 49%.

Complete

430765451

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Compliance

Documentation

Satisfied

D

A

D

A

CMPDOC796

Missing Title

No

Missing Title.

12.10.19 received Title Report

12.10.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a 803 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  803 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.44%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $73,196.28 or 81.59 months of P&IRequired P&I Reserves are $897.08 x 6 = $5,382.48.

Complete

430765451

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.10.19 Updated value received, appraised value supported.

12.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a 803 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  803 credit score exceeds minimum of 660 with a 70% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.44%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $73,196.28 or 81.59 months of P&IRequired P&I Reserves are $897.08 x 6 = $5,382.48.

Complete

430765454

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.10.19 Updated value received, appraised value supported.

12.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Assets are $184,369.29  or 51.06 months of P&I. Required Reserves are $3610.86 x 12 = $43,330.32. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been self employed 4 years, 10 months.

Complete

430765455

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.11.19 Updated value received, appraised value supported.

12.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 52.61%; Max is 80% with a 783 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  783 credit score exceeds minimum of 640 with a 62.61% LTV. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $44,202.91 or 14.85 months of P&IRequired P&I Reserves are $2,975.97 x 6 = $17,855.82.

Complete

430765456

XXXXXX

VA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.10.19 Updated value received, appraised value supported.

12.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  690 fico > the 680 credit score minimum CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.80% DTI is < 43% guideline max

Complete

430765457

XXXXXX

PA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.02.19 Updated value received, appraised value supported.

12.02.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 769 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  769 credit score exceeds minimum of 680 with a 75% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.04%; Max is 49%.

Complete

430765458

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error  CD xx/x/x/xxxx - Other Costs, Section F. Prepaids: Property Taxes fee (line 04) is missing the number of months covered by value entered.

12/16/19 Lender provided corrected PCCD 12/11/19

12/16/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close assets $$414,149.58 or 51.49 months P&I.Required $8,043.16 X 6=$48,258.96 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at current residence for 30 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at current job 11 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  717 fico exceeds 700 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  66.67% LTV is below max of 75%

Complete

430765461

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $10,884.91 or 19.59 months of P&I.Required P&I Reserves are $555.51 x 12 = $6,666.12. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 714; minimum required score is 700. CFCFS2860: Good credit history - Clayton Comments:  Credit report shows consumer credit history 0x30x67 months.

Complete

430765463

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other:  The following fee (line 01) identifies the payee as "TBD": Homeowners Warranty

12/16/19 Lender provided corrected PCCD 12/13/19

12/16/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a 738 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  738 credit score exceeds the minimum of 660 with an LTV of 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $20,908.47 or 9.69 months of P&IRequired P&I Reserves are $2,158.25 x 6 = $12,949.50.

Complete

430765463

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.13.19 Updated value received, appraised value supported.

12.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; Max is 80% with a 738 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  738 credit score exceeds the minimum of 660 with an LTV of 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $20,908.47 or 9.69 months of P&IRequired P&I Reserves are $2,158.25 x 6 = $12,949.50.

Complete

430765465

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Non-Numeric Error -  The seller's CD xx/x/x/xxxx loan costs section C courier fees, notary fees, and other costs section F for property taxes is missing on the final Cd XXX.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $58,157.06 or 12.55 months of P&I.Required P&I Reserves are $4,632.86 x 12 = $55,594.32. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 780; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 40.37%; max allowable is 49%.

Complete

430765465

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error - CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

12/13/19 Lender provided corrected PCCD 12/6/19

12/13/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $58,157.06 or 12.55 months of P&I.Required P&I Reserves are $4,632.86 x 12 = $55,594.32. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score is 780; minimum required score is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI: Subject DTI is 40.37%; max allowable is 49%.

Complete

430765466

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Insurance Policy coverage is $xxxx and the estimated cost to rebuild from the insurance company is $xxxx with a loan amount of $XXX.

12.16.19 subject is a 4 plex each unit insured individually, all policies been received

12.16.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; Max is 70% for a cash out 4 family refinance. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  726 credit score exceeds minimum of 690 for a cash out 4 family refinance. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $231,009.27 or 64.44 months of P&IRequired P&I Reserves are $3,821.81 x 6 = $22,930.86.

Complete

430765466

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.11.19 Updated value received, appraised value supported.

12.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 65%; Max is 70% for a cash out 4 family refinance. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  726 credit score exceeds minimum of 690 for a cash out 4 family refinance. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $231,009.27 or 64.44 months of P&IRequired P&I Reserves are $3,821.81 x 6 = $22,930.86.

Complete

430765467

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD dated xx/xx/xxxx Loan Costs section "C" - line 04 missing whom fee is payable to.

12/17/19 Lender provided corrected PCCD 12/16/19

12/17/19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 754 exceeds the minimum  fico of  680 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 4 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 20 years

Complete

430765467

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Legal Documents

Satisfied

D

A

D

A

CRDLGL988

Loan File is Missing or Contains Insufficient Documentation for Basic Review

No

Missing lock confirmation

12/16/19 Lender provided Rate Lock 10/4/19

12/16/19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 754 exceeds the minimum  fico of  680 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 4 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 20 years

Complete

430765467

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.13.19 Updated value received, appraised value supported.

12.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 754 exceeds the minimum  fico of  680 CFCFS1736: Significant time at current residence - Clayton Comments:  borrower has resided at current residence for 4 years CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 20 years

Complete

430765468

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

12.11.19 Updated value received, appraised value supported.

12.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 75% is below the max LTV of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 784 exceeds the minimum  FICO of 680 CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided at current residence for 15 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $57,074.44 or 29.12 months of P&IRequired P&I Reserves are $1,960.12 x 12 = $23,521.44.

Complete

430765469

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD and Settlement Statement are missing from the file.

12/11/19 Lender provided Seller CD dated xx/xx/xxxx

12/11/19 Exception satisfied

Not Applicable

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  678 credit score exceeds minimum of 660 with an LTV of 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.49%; Max is 49%.

Complete

430765469

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

12.11.19 Updated value received, appraised value supported.

12.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  678 credit score exceeds minimum of 660 with an LTV of 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 43.49%; Max is 49%.

Complete

430040351

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation. Appraisal in file.

03.13.19 Updated value received, appraised value supported.

03.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  B1 has been XXX for 6 years 10 months. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  47.79 months exceeds required of 6 months P&I.. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 63% is less than required of 75%

Client Complete

430002844

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.313% verse CA higher priced loan Benchmark rate of 4.690% for a variance of 1.623% equaling or exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close assets are $24,785.11 or 14.65 P&I.B1 is required to have 12 months reserves: $1692.43x12=$20,309.04 CFCFS2854: Significant time in profession - Clayton Comments:  B2 has been in the same profession for 9 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 802 exceeds required of 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.23% DTI is below maximum of 49%.

Client Complete

430002844

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Credit

Insurance

Satisfied

D

A

D

A

CRDINSR848

Missing Hazard Insurance

No

Lender to provide Homeowners insurance.

3.13.19  Lender provided blank document03.18.19 Lender provided blank document. 3.19.19 - lender provided HOI documentation

3.13.19 Exception remains03.18.19 Exception remains 3.19.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close assets are $24,785.11 or 14.65 P&I.B1 is required to have 12 months reserves: $1692.43x12=$20,309.04 CFCFS2854: Significant time in profession - Clayton Comments:  B2 has been in the same profession for 9 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 802 exceeds required of 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.23% DTI is below maximum of 49%.

Client Complete

430002844

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

03.14.19 Updated value received, appraised value supported.

03.14.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close assets are $24,785.11 or 14.65 P&I.B1 is required to have 12 months reserves: $1692.43x12=$20,309.04 CFCFS2854: Significant time in profession - Clayton Comments:  B2 has been in the same profession for 9 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 802 exceeds required of 680 CFCFS1744: DTI below guideline requirement - Clayton Comments:  34.23% DTI is below maximum of 49%.

Client Complete

430123959

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

05.02.19 Updated value received, appraised value supported.

05.02.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 788 exceeds required of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  13.98% DTI is below maximum of 49%.

Client Complete

430123961

XXXXXX

CA

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Tape shows guides dated 04/24/19, 1008 shows guides used as 02/15/19. Please provide corrected tape or corrected 1008. Additional exceptions may apply.

5.2.19 Lender provided updated tape reflecting 2/20/19, however 1008 reflects guides form 2/15/19. Please provide corrected tape.    05.10.2019 - Lender provided updated tape showing guides dated 2/15/19.

5.2.19 Exception remains.    05.10.2019 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post close Assets are $302,745.59 or 166.96 months of the P&I Required Reserves are 6 months. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  Co-borrower has 4 year job. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 4 year job. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 41.72% which is below maximum of 65%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of 24.74% is below maximum of 49%.

Client Complete

430248155

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

6.18.19 Received PCCD from client.

6.18.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  745 credit score exceeds minimum of 700 with a 76.31% LTV. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.30%; Max is 49%.

Client Complete

430204816

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is before the disclosed "midnight of" date of XXX on the ROR.

05/28/2019  Received PCCD xx/x/x/xxxx from client.

05/28/2019 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines  is 80%.  Actual LTV 56.32%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 640.  Borrower has a qualifying score of 726. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has 6 years in same profession. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Maximum DTI per guidelines is 49%.  Borrower's qualifying DTI is 42.01%.

Client Complete

430204816

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

05/28/2019  Received PCCD xx/x/x/xxxx from client.

05/28/2019 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines  is 80%.  Actual LTV 56.32%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 640.  Borrower has a qualifying score of 726. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has 6 years in same profession. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Maximum DTI per guidelines is 49%.  Borrower's qualifying DTI is 42.01%.

Client Complete

430204816

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

05.31.19 Updated value received, appraised value supported.

05.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV per guidelines  is 80%.  Actual LTV 56.32%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 640.  Borrower has a qualifying score of 726. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has 6 years in same profession. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Maximum DTI per guidelines is 49%.  Borrower's qualifying DTI is 42.01%.

Client Complete

430497232

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of XXX on the ROR.

9.11.19 Received pccd from client.

9.11.19 exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  5 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $10,642.84 or 7.60 months of reserves.Required P&I Reserves are $1399.93 x 6 = $8,399.58. CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.47% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  45.87% DTI is below maximum of 80%.

Complete

430497232

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

9.11.19 Received pccd from client

9.11.19 exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  5 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $10,642.84 or 7.60 months of reserves.Required P&I Reserves are $1399.93 x 6 = $8,399.58. CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.47% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  45.87% DTI is below maximum of 80%.

Complete

430497232

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.10.19 Updated value received, appraised value supported.

09.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  5 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $10,642.84 or 7.60 months of reserves.Required P&I Reserves are $1399.93 x 6 = $8,399.58. CFCFS1744: DTI below guideline requirement - Clayton Comments:  28.47% DTI is below maximum of 49%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  45.87% DTI is below maximum of 80%.

Complete

430367089

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

C

B

D

B

D

B

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Transaction Information Section, Seller address missing from CD.

7.25.19 Received PCCD from client.

7.25.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves $2192.71x6=$13,156.26, borrower has $30,488.08, or 13.90 months in reserves CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 660; qualifying credit score is 756 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 43.72%

Client Complete

430367089

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

C

B

D

B

D

B

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

CD: xx/xx/xxxx - The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected but neither of You declined it and/or Your lender does not offer one are selected.

7.25.19 Received PCCD from client.

7.25.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves $2192.71x6=$13,156.26, borrower has $30,488.08, or 13.90 months in reserves CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 660; qualifying credit score is 756 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 43.72%

Client Complete

430367089

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

C

B

D

B

D

B

A

A

C

B

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

Application reflects US citizen however resident alien card in file.  Provide corrected 1003 or evidence of citizenship.

8.6.19 Received Corrected 1003

8.6.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves $2192.71x6=$13,156.26, borrower has $30,488.08, or 13.90 months in reserves CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 660; qualifying credit score is 756 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 43.72%

Client Complete

430367089

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

C

B

D

B

D

B

A

A

C

B

Credit

Credit/Mtg History

Active

B

B

B

B

CRDCRMH3000

# of Tradelines Does Not Meet Guideline Requirements

No

Guidelines require 3 tradelines open for 12 months.  Borrower has 2.  2 additional tradelines on credit report have less than 12 months history.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves $2192.71x6=$13,156.26, borrower has $30,488.08, or 13.90 months in reserves CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 660; qualifying credit score is 756 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 43.72%

Client Complete

430367089

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

C

B

D

B

D

B

A

A

C

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

1008 in file shows DTI of 50.64%. Provide corrected 1008 with 43.92% DTI to match tape data.

7.18.19 - lender provided updated 1008

7.18.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves $2192.71x6=$13,156.26, borrower has $30,488.08, or 13.90 months in reserves CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 660; qualifying credit score is 756 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 43.72%

Client Complete

430367089

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

C

B

D

B

D

B

A

A

C

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing loan approval

7.18.19 - lender provided approval.

7.18.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves $2192.71x6=$13,156.26, borrower has $30,488.08, or 13.90 months in reserves CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 660; qualifying credit score is 756 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 43.72%

Client Complete

430367089

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

B

A

A

C

B

D

B

D

B

A

A

C

B

Property Valuations

Appraisal

Satisfied

N/A

A

N/A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.18.19 Updated value received, appraised value supported.

07.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves $2192.71x6=$13,156.26, borrower has $30,488.08, or 13.90 months in reserves CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 660; qualifying credit score is 756 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 43.72%

Client Complete

430248158

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has excess assets in the amount of $27,707.56. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score per guidelines is 700.  Borrower's qualifying score is 750.

Client Complete

430367090

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric non-material error per final CD xx/x/x/xxxx - Other Costs, Section H. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.23.19 received pccd from client

7.23.19 exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  770 credit score exceeds minimum of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.07% DTI is below maximum of 49%.

Client Complete

430367090

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing loan approval

7.19.19 - Received Lenders Loan Approval

7.19.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  770 credit score exceeds minimum of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.07% DTI is below maximum of 49%.

Client Complete

430367090

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  770 credit score exceeds minimum of 660 CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.07% DTI is below maximum of 49%.

Client Complete

419802869

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3124

Loan documents do not meet guideline requirements

No

Did not locate letter in file from borrower that they are willing to accept a lower value $xxxx than the purchase price of $XXX

12.4.2018 Client provided 1008 and Coc showing sales price is more than appraised value, however missing letter of explanation from borrower saying will accept.12.7.18 - lender provided letter from borrower

12.4.2018 Exception remains.12.7.18 - exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Current 784 minimum 720 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Current 38.83% max 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Reserves $81,238.71 Required $26,802.60

Client Complete

419909032

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.467% verse CA higher priced loan Benchmark rate of 4.770% for a variance of 1.697% equaling or exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower has a mid credit score of 739, the guidelines require a 720. CFCFS1744: DTI below guideline requirement - Clayton Comments:  33.27% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post closing assets of $28,608.76 in reserves or 17.12 months. 12 months required.

Client Complete

419909032

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4050

TRID - CD: The Minimum Interest on the AIR Table of the Final Closing Disclosure does not match the Minimum Interest Rate on the Note

No

Non-Numerical Error: CD xx/x/x/xxxx The Minimum Interest on the AIR Table (3.75%) of the Final Closing Disclosure does not match the Minimum Interest (5.625%) Rate on the Note.

2/1/19 Lender provided PCCD 1/31/19 showing the AIR reflecting the minimum rate as 5.625%

2/1/19 Exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower has a mid credit score of 739, the guidelines require a 720. CFCFS1744: DTI below guideline requirement - Clayton Comments:  33.27% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post closing assets of $28,608.76 in reserves or 17.12 months. 12 months required.

Client Complete

419909032

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5023

TRID  CD:  The Minimum Payment disclosed in at least one column of the Final Closing Disclosure does not match the Minimum Payment that Clayton calculates based upon the Note Terms

No

CD xx/x/x/xxxx: The Minimum Payment disclosed in columns 2-4 of the Final Closing Disclosure does not match the Minimum Payments that XXX calculates due to the Minimum Interest on the AIR Table of the Final Closing Disclosure (3.750%) does not match the Minimum Interest Rate on the Note (5.625%).Band 2: 1241.00, eCLAS Value from Band 2: 1482.89Band 3: 1241.00, eCLAS Value from Band 3: 1482.89Band 4: 1241.00, eCLAS Value from Band 4: 1482.89

2/1/19 Lender provided PCCD 1/31/19 reflecting the minimum payment in the Project Payments section as $1,483.

2/19/19 Exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower has a mid credit score of 739, the guidelines require a 720. CFCFS1744: DTI below guideline requirement - Clayton Comments:  33.27% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post closing assets of $28,608.76 in reserves or 17.12 months. 12 months required.

Client Complete

419909032

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5033

TRID - CD: The Total Minimum Payment disclosed in at least one column of the Projected Payments section of the Final Closing Disclosure does not match the Total Minimum Payment that Clayton calculates.

No

CD xx/x/x/xxxx: The Total Minimum Payments disclosed in columns 2-4 of the Final Closing Disclosure does not match the Total Minimum Payments that XXX calculates due to the Minimum Interest on the AIR Table of the Final Closing Disclosure (3.750%) does not match the Minimum Interest Rate on the Note (5.625%).Band 2: 1636.00, eCLAS Value from Band 2: 1878.32Band 3: 1636.00, eCLAS Value from Band 3: 1878.32Band 4: 1636.00, eCLAS Value from Band 4: 1878.32

2/1/19 Lender provided PCCD 1/31/19 reflecting corrected Projected Payments Section: Estimated Total Monthly Payment: minimum payment of $1,878

2/1/19 Exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower has a mid credit score of 739, the guidelines require a 720. CFCFS1744: DTI below guideline requirement - Clayton Comments:  33.27% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post closing assets of $28,608.76 in reserves or 17.12 months. 12 months required.

Client Complete

430040402

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.337% verse CA higher priced loan Benchmark rate of 4.710% for a variance of 1.627% equaling or exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower in same profession for 14 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower on same job for 4 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  40.56% DTI is below maximum of 49%.

Client Complete

430040406

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

03.13.19 Updated value received, appraised value supported.

03.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  B1 has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 761 exceeds required of 680. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Borrower has mortgage history dated back 12 years with no mortgage late.

Client Complete

430002883

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 12 months reserves $13787.52x12=$165,450.24, borrower has $5,770,303.17 or 418.52 months in reserves CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum required credit score is 700; qualifying credit score is 783 CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 4.73%; Max is 49%.

Complete

430002886

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Ca higher priced loan based on test APR 6.375% with a benchmark rate of 4.39%, resulting in a difference of 1.985% which exceeds maximum threshold of 1.5%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  B1 has been in the same profession for 6 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  B1 credit score of 781 exceeds required of 700 CFCFS1739: Postive mortgage payment history - Clayton Comments:  0x30 in the last 24 months.

Client Complete

430002887

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

D

A

D

A

D

A

D

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing Seller CD.

3/11/19 - Lender provided Seller's CD

3/11/19 - Exception satisfied

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 64.94%, Guidelines allow 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 40.34%, Guidelines allow 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 793, Guidelines allow 700

Client Complete

430002887

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

D

A

D

A

D

A

D

A

D

A

Credit

Assets

Satisfied

B

A

B

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Post-Closing Reserves of $11,390.09; verified as 5.81 months P&I. Guidelines require 6 months or ($1,959.90 x 6 = $11,759.40)

3.14.19 Lender provided PCCD now Post close assets is $11,936.50

3.14.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 64.94%, Guidelines allow 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 40.34%, Guidelines allow 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 793, Guidelines allow 700

Client Complete

430002887

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

D

A

D

A

D

A

D

A

D

A

Credit

Assets

Satisfied

D

A

D

A

CRDAST2354

Asset Verification In File is Incomplete Per Requirements

No

Missing evidence of receipt of gift funds in the amount of $190,000 and $2429.43.

3.11.19 Lender provided copy of Cashiers check for $2,429.43 and wire for $190k sent to title company.

3.11.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 64.94%, Guidelines allow 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 40.34%, Guidelines allow 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 793, Guidelines allow 700

Client Complete

430002887

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

D

A

D

A

D

A

D

A

D

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing Updated Valuation

03.07.19 Updated value received, appraised value supported.

03.07.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV 64.94%, Guidelines allow 80% CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 40.34%, Guidelines allow 49% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 793, Guidelines allow 700

Client Complete

430449088

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

CD xx/x/x/xxxx-2 & PCCD xx/x/x/xxxx - Other Costs, Section H. Other: Home Warranty - Option fee lists "TBD" as the payee.

8.29.19 Received PCCD from client.

8.29.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  708 credit score exceeds minimum of 640 per guidelines with a 47.37%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 47.37% with a 708 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $53,029.33 or 10.99 months of P&IRequired PITI Reserves are $4,825.90 x 6 = $28,955.40 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 22 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 5 years.

Client Complete

430449088

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx-2 & PCCD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

8.29.19 Received PCCD from client.

8.29.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  708 credit score exceeds minimum of 640 per guidelines with a 47.37%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 47.37% with a 708 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $53,029.33 or 10.99 months of P&IRequired PITI Reserves are $4,825.90 x 6 = $28,955.40 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 22 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 5 years.

Client Complete

430449088

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3966

TRID - CD: The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected

No

CD xx/x/x/xxxx-2 & PCCD xx/x/x/xxxx -The Will Not Have an Escrow Account in the CD Loan Disclosures section is selected and both or neither of You declined it and/or Your lender does not offer one are selected.

8.29.19 Received PCCD from client.

8.29.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  708 credit score exceeds minimum of 640 per guidelines with a 47.37%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 80%. Loan LTV is at 47.37% with a 708 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $53,029.33 or 10.99 months of P&IRequired PITI Reserves are $4,825.90 x 6 = $28,955.40 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has worked at current job for 22 years. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has lived at current residence for 5 years.

Client Complete

430089160

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

04.11.19 Updated value received, appraised value supported.

04.11.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  764 qualifying score. Minimum required per guidelines is 660. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 70%; maximum allowed per guidelines is 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves $160,390.28 or 80.55 months P&I, guidelines required 6 months P&I.

Client Complete

430089171

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.214% vs. CA higher priced loan Benchmark rate of 4.650% for a variance of 1.564% exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 783 exceeds the minimum FICO of 700 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been on job 3 years and in profession for 5 years. CFCFS1744: DTI below guideline requirement - Clayton Comments:  41.81% DTI is below maximum of 49%.

Client Complete

430204835

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Application

Satisfied

B

A

B

A

CRDAPP2658

Missing 3rd-party anti-fraud report

No

Missing 3rd party anti-fraud report to check XXX status.

5.15.19 Lender provided 3rd party anti-fraud report

5.15.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; Max is 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves (6 * $1,798.65 = $10,791.90). B1 has a total of $39,000 or 21.68 months P & I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.12%; Max is 49%

Client Complete

430204835

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Missing verification of PITI for Investment located in XXX.

5.15.19 Lender provided PITI for investment property.

5.15.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; Max is 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves (6 * $1,798.65 = $10,791.90). B1 has a total of $39,000 or 21.68 months P & I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.12%; Max is 49%

Client Complete

430204835

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Tape shows guides dated 02/20/19, 1008 shows guides used as 02/15/19. Please provide corrected tape or corrected 1008. Additional exceptions may apply.

5.20.19 Lender provided update 1008.

5.20.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; Max is 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves (6 * $1,798.65 = $10,791.90). B1 has a total of $39,000 or 21.68 months P & I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.12%; Max is 49%

Client Complete

430204835

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

05.13.19 Updated value received, appraised value supported.

05.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 60%; Max is 70%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower is required to have 6 months P&I reserves (6 * $1,798.65 = $10,791.90). B1 has a total of $39,000 or 21.68 months P & I. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 41.12%; Max is 49%

Client Complete

430204836

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Numeric Non-Material Error: Final CD xx/x/x/xxxx Other Costs; Section E is missing the itemization for Deed/Mortgage.

5.15.19 Received PCCD from client.

5.15.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 70%. Loan LTV is at 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $53,090.82 or 15.08 months of P&I Required P&I Reserves are $3,520.11 x 6 = $21,120.66 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 6 years.

Client Complete

430204836

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

1008 states lender used 2/15 guideline. Tape states 2/20/19 guidelines.

5.20.19 Lender provided update 1008

5.20.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 70%. Loan LTV is at 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $53,090.82 or 15.08 months of P&I Required P&I Reserves are $3,520.11 x 6 = $21,120.66 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 6 years.

Client Complete

430204836

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

05.13.19 Updated value received, appraised value supported.

05.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum LTV allowed per guidelines is 70%. Loan LTV is at 65%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $53,090.82 or 15.08 months of P&I Required P&I Reserves are $3,520.11 x 6 = $21,120.66 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has worked in current profession for 6 years.

Client Complete

430123988

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.301% verse CA higher priced loan Benchmark rate of 4.570% for a variance of 1.731% equaling or exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  726 credit score.  Minimum required is 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 4 years at her current job. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Prior mortgage history paid 0x30x35 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post close Assets are $26,635.29 or 13.97 months of the P&I Required Reserves are  $1,906.57 X 12 =  $22,878.84

Client Complete

430123988

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section H. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

5.14.19 Received PCCD from client

5.14.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  726 credit score.  Minimum required is 700. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 4 years at her current job. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  Prior mortgage history paid 0x30x35 CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post close Assets are $26,635.29 or 13.97 months of the P&I Required Reserves are  $1,906.57 X 12 =  $22,878.84

Client Complete

430204848

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

B

D

A

C

B

D

B

C

B

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

Disbursement date of XXX on CD xx/x/x/xxxx is on the disclosed "midnight of" date of XXX on the ROR.

5.16.19 Received PCCD from client

5.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum guidelines is 70%.  Actual LTV 53.10%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650.  borrower's qualifying score is 726. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets in the amount of $169,443.90 or 66 months reserves.  Per guidelines, borrower must have 6 months of P&I in reserves

Client Complete

430204848

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

B

D

A

C

B

D

B

C

B

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

Disbursement date of XXX on CD xx/x/x/xxxx is before end of statutory rescission period XXX on the ROR.

5.16.19 Received PCCD from client

5.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum guidelines is 70%.  Actual LTV 53.10%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650.  borrower's qualifying score is 726. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets in the amount of $169,443.90 or 66 months reserves.  Per guidelines, borrower must have 6 months of P&I in reserves

Client Complete

430204848

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

B

D

A

C

B

D

B

C

B

D

A

C

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.239% verse CA higher priced loan Benchmark rate of 4.590% for a variance of 1.649% equaling or exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum guidelines is 70%.  Actual LTV 53.10%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650.  borrower's qualifying score is 726. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets in the amount of $169,443.90 or 66 months reserves.  Per guidelines, borrower must have 6 months of P&I in reserves

Client Complete

430204848

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

B

D

A

C

B

D

B

C

B

D

A

C

B

Credit

Credit/Mtg History

Active

B

B

B

B

CRDCRMH3000

# of Tradelines Does Not Meet Guideline Requirements

No

Guidelines require 3 tradelines rated for 12 months.  Borrower has 1. Credit report shows 3 total tradelines but 2 have less than 12 months history.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum guidelines is 70%.  Actual LTV 53.10%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650.  borrower's qualifying score is 726. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets in the amount of $169,443.90 or 66 months reserves.  Per guidelines, borrower must have 6 months of P&I in reserves

Client Complete

430204848

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

B

D

A

C

B

D

B

C

B

D

A

C

B

Credit

Credit/Mtg History

Satisfied

C

A

C

A

CRDCRMH1805

Debts/obligations not disclosed/accounted for at origination

No

Loan with XXX credit listed on initial and final 1003s. Lender included debt amount of $300, however, no verification provided.  Inquiry shows on credit report and LOX in file states no debt.

5.17.19 Lender provided updated 1003 and 1008

5.17.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum guidelines is 70%.  Actual LTV 53.10%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650.  borrower's qualifying score is 726. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets in the amount of $169,443.90 or 66 months reserves.  Per guidelines, borrower must have 6 months of P&I in reserves

Client Complete

430204848

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

B

D

A

C

B

D

B

C

B

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

05.20.19 Updated value received, appraised value supported.

05.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  Maximum guidelines is 70%.  Actual LTV 53.10%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 650.  borrower's qualifying score is 726. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets in the amount of $169,443.90 or 66 months reserves.  Per guidelines, borrower must have 6 months of P&I in reserves

Client Complete

430449089

XXXXXX

UT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

CD xx/x/x/xxxx - Zero tolerance fee, Credit Report Fee, increased by $78.00 prior to closing without a valid reason or not timely disclosed.

8.26.19 Rceived PCCD, copy of check, loe and proof of receipt from client.

8.26.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  16.12% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  741 credit score exceeds minimum of 680.

Complete

430449089

XXXXXX

UT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.21.19 Updated value received, appraised value supported.

08.21.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below maximum of 75%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  16.12% DTI is below maximum of 49%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  741 credit score exceeds minimum of 680.

Complete

430123999

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-material numeric error: CD: xx/xx/xxxx Other Costs: Section F: Prepaids: Property Taxes is missing the number of months. Can be corrected with a subsequent CD within 60 days of the transaction date.

5.13.19 Received PCCD from client

5.13.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 744 Guidelines allow 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Post-Closing Reserves of $37,048.98; verified as 15.50 months P&I. Guidelines allow 12 months or ($ 2,388.98 x 12 = $28,667.76) Additional Reserves for REO Other than Subject may be waived since properties have a recent 12 month paid-as-agreed history. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 43.89 % Guidelines allow 49 %

Client Complete

430123999

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR822

Insurance Effective date is greater than the transaction date

No

HOI Effective date xx/xx/xxxx. Disbursement date of XXX

5.14.19 - lender provided PCCD showing disbursement date XXX

5.14.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 744 Guidelines allow 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Post-Closing Reserves of $37,048.98; verified as 15.50 months P&I. Guidelines allow 12 months or ($ 2,388.98 x 12 = $28,667.76) Additional Reserves for REO Other than Subject may be waived since properties have a recent 12 month paid-as-agreed history. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 43.89 % Guidelines allow 49 %

Client Complete

430123999

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Tape shows guides dated 02/20/19, 1008 shows guides used as 02/15/19. Please provide corrected tape or corrected 1008. Additional exceptions may apply.

5.9.19 Lender provided updated 1008

5.9.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit Score 744 Guidelines allow 700. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  ASSETS:Post-Closing Reserves of $37,048.98; verified as 15.50 months P&I. Guidelines allow 12 months or ($ 2,388.98 x 12 = $28,667.76) Additional Reserves for REO Other than Subject may be waived since properties have a recent 12 month paid-as-agreed history. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI 43.89 % Guidelines allow 49 %

Client Complete

430235040

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.191% verse CA higher priced loan Benchmark rate of 4.540% for a variance of 1.651% equaling or exceeding the CA higher priced loan rate spread trigger of 1.5000%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  790 Fico exceeds 700 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.03% LTV is below max 80%

Client Complete

430235040

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

5.31.19 Received PCCD from client.

5.31.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  790 Fico exceeds 700 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.03% LTV is below max 80%

Client Complete

430235040

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Credit

Income/Employment

Satisfied

B

A

B

A

CRDINC2496

Verbal verification of employment completed outside the stated requirements and/or after closing/funding

No

Verbal verification of employment is dated 5/21/19 completed after Note Date of XXXGuideline requires all applications taken on or after January 1, 2019 to have a Verbal Verification 10 Business days PRIOR to Note date.

5.31.19 Lender provided  VVoe dated 5.7.19 which is within 10 days of note.

5.31.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  790 Fico exceeds 700 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.03% LTV is below max 80%

Client Complete

430235040

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

05.31.19 Updated value received, appraised value supported.

05.31.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  790 Fico exceeds 700 mid score. CFCFS1737: LTV below guideline requirements - Clayton Comments:  69.03% LTV is below max 80%

Client Complete

430367091

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

Credit

Income/Employment

Active

B

B

B

B

CRDINC2340

Employment verification does not meet guidelines

No

Missing business license as required by guidelines or confirmation from CPA that license is not required.

(No Data)

Upon further review by Senior Underwriter, exception deemed non-material due to 33.33% LTV and 751 credit score.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  33.33% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  751 credit score exceeds minimum of 720. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $43,203.09 or 21.60 months of reserves. 6 months required.

Client Complete

430367091

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.18.19 Updated value received, appraised value supported.

07.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  33.33% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  751 credit score exceeds minimum of 720. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $43,203.09 or 21.60 months of reserves. 6 months required.

Client Complete

430367091

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

Property Valuations

Property

Satisfied

D

A

D

A

PRVAPROP111

Legal Nonconforming w/out Rebuild Letter

No

Subject is a legal non-conforming for being a duplex in a SFR zoned area. There is no mention in the appraisal if it can be rebuilt if destroyed.

7.23.19 - Received revised appraisal addressing the rebuild of subject if it does not exceed 75% of the replacement value

7.23.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  33.33% LTV is below maximum of 70%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  751 credit score exceeds minimum of 720. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $43,203.09 or 21.60 months of reserves. 6 months required.

Client Complete

430367093

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Assets

Satisfied

C

A

C

A

CRDAST206

Asset Amounts Are Unsupported by Documentation in File

No

XXX bank statements (#XXX) used for assets dated 03.31.19 with the Note date of XXX, which is greater than 90 days. Missing April bank statements for both accounts. February bank statements in file.

8.8.19 Received updated Bank Statements

8.8.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  760 credit score exceeds minimum of 700 per guidelines. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $90,297.04 or 24.80 months of P&IRequired P&I Reserves are $3,641.82 x 12 = $43,701.84

Complete

430367093

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Insurance

Satisfied

D

A

D

A

CRDINSR2400

Missing Flood Certification Document

No

Missing Flood Cert.

7.22.19 Flood Cert Received

7.22.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  760 credit score exceeds minimum of 700 per guidelines. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $90,297.04 or 24.80 months of P&IRequired P&I Reserves are $3,641.82 x 12 = $43,701.84

Complete

430367093

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Insurance

Satisfied

N/A

A

N/A

A

CRDINSR820

Flood Effective date is greater than the transaction date

No

Flood Insurance policy in file goes from 6.26.18 thru 6.26.19Note date is XXXMissing Renewal Flood Policy

8.13.19 received updated Flood Policy

8.13.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  760 credit score exceeds minimum of 700 per guidelines. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $90,297.04 or 24.80 months of P&IRequired P&I Reserves are $3,641.82 x 12 = $43,701.84

Complete

430235047

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS2051

CA Higher-Priced Loan

No

Test APR is 6.434% verse CA higher priced loan Benchmark rate of 4.490% for a variance of 1.944% equaling or exceeding the CA higher priced loan rate spread trigger of 1.500%.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  748 credit score. Minimum required is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  32% DTI is below maximum of 49%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0x30 mortgage history for 34 months.

Client Complete

430235047

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3124

Loan documents do not meet guideline requirements

No

Missing Proof of receipt of $50,000.00 gift from CousinRequired for closing and reserves

6.6.19 Lender provided wire receipt of $50k gift to escrow from XXX (Cousin business) Inc for Borrower.

6.6.19 Exception  satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  748 credit score. Minimum required is 700. CFCFS1744: DTI below guideline requirement - Clayton Comments:  32% DTI is below maximum of 49%. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  0x30 mortgage history for 34 months.

Client Complete

430367094

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx-2 - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.17.19 Received PCCD from client.

7.17.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  751 credit score.  Minimum required is 680. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $121,485.02 or 20.86 months of reserves. 12 months required.

Complete

430531553

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.19.19 Updated value received, appraised value supported.

09.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Minimum credit score is 680.  Borrower's qualifying score is 756. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for over 13 years per accountant.

Complete

430531554

XXXXXX

CA

(No Data)

ATR/QM: Exempt

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.23.19 Updated value received, appraised value supported.

09.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  756 credit score exceeds minimum of 700 with a 75% LTV. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 75%; Max is 80% with a 756 credit score. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 39.09%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has post-closing assets of $206,830.38 or 111.92 months of P&I. Required reserves of $1,847.91x12= $22,174.92. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower on current job for 7 years.

Complete

430497233

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

B

A

D

A

A

A

D

A

B

A

D

A

A

A

Credit

DTI

Satisfied

B

A

B

A

CRDDTI105

Debt Ratio Exception 5% or Less

No

1008 and tape data show DTI of 37.60% however DTI verified as 40.57%, which exceeds 2% tolerance.  1008 does not include $365 HOA fee for subject property.

9.11.19 Received corrected 1008

9.11.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 69.80% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 727 exceeds the minimum  fico of 660 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Complete

430497233

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

B

A

D

A

A

A

D

A

B

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.06.19 Updated value received, appraised value supported.

09.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 69.80% is below the max ltv of 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 727 exceeds the minimum  fico of 660 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 10 years

Complete

430235054

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

06.12.19 Updated value received, appraised value supported.

06.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 20%, which is 60% below the maximum of 80%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrowers Post close Assets are $26,377.75 or 32.57 months of the P&IRequired Reserves are $809.85 X 6 =$4,859.10 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 15 years.

Client Complete

430367096

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.16.19 Updated value received, appraised value supported.

07.16.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has been at residence for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  811 credit report score exceeds 680 mid score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $135,105.00 or 66.37 months of P&IRequired P&I Reserves are $$2,035.47 x 6 = $12,212.82

Client Complete

430367097

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Real Estate Commission paid by Seller is missing from Seller-Paid column of final CD xx/x/x/xxxx-2 in file.

(No Data)

Exception can be satisfied as the fee appears on the Seller CD.

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 64.65%; Max is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 33.60%; Max is 49%.

Complete

430367097

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx-2 - Summaries of Transactions, Adjustments for Items Paid by Sellers in Advance: County Taxes (line 11) is missing date range being for amount paid.

7.23.19 received PCCD from client.

7.23.19 exception satisfied

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 64.65%; Max is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 33.60%; Max is 49%.

Complete

430367097

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Credit

Assets

Satisfied

B

A

B

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Reserves insufficient by $1397.36.  Borrower is required to have 6 months P&I reserves (6 * $2,200.07 = $13,200.42). B1 has a total of $11,803.06 or 5.36 months P & I.

7.23.19 - lender provided PCCD showing borrower showing funds to close

Upon further review by Senior Underwriter, exception deemed non-material due to 64.65% LTV and 33.60% DTI.7.23.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 64.65%; Max is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 33.60%; Max is 49%.

Complete

430367097

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.18.19 Updated value received, appraised value supported.

07.18.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 64.65%; Max is 70%. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 33.60%; Max is 49%.

Complete

430367098

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 51.74%; Max is 75% with a 697 credit score. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  697 credit score exceeds minimum of 640 with an LTV of 51.74%

Complete

430531555

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

9.27.19 Received PCCD from client.

9.27.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score of 706; minimum required score is 660 with a 54.61% LTV.. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Subject LTV is 54.61%; max allowed is 75% with a 706 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $30,353.95 or 13.75 months of P&IRequired P&I Reserves are $2,208.81 x 6 = $13,252.86

Complete

430531555

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing updated 1008 and Approval reflecting appraisal amount of $XXX.

9.26.19 Received updated Approval and 1008

9.26.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score of 706; minimum required score is 660 with a 54.61% LTV.. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Subject LTV is 54.61%; max allowed is 75% with a 706 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $30,353.95 or 13.75 months of P&IRequired P&I Reserves are $2,208.81 x 6 = $13,252.86

Complete

430531555

XXXXXX

NV

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

09.26.19 Updated value received, appraised value supported.

09.26.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Representative score of 706; minimum required score is 660 with a 54.61% LTV.. CFCFS1737: LTV below guideline requirements - Clayton Comments:  Subject LTV is 54.61%; max allowed is 75% with a 706 credit score. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Borrower's Post Close Assets are $30,353.95 or 13.75 months of P&IRequired P&I Reserves are $2,208.81 x 6 = $13,252.86

Complete

430367099

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $33,692.79 or 18.35 months of PITIRequired PITI Reserves are $1836.13x12=$22,033.56 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  B1 has been in current job for 24 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Max allowable DTI is 49%; transaction DTI is 34.63%

Client Complete

430367100

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.19.19 Updated value received, appraised value supported.

07.19.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 781 exceeds the minimum  fico of 680 CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 20 years

Client Complete

430367101

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

7.9.19 received seller cd

7.9.19 Exception satisfied

Not Applicable

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  755 Fico exceeds 700 mid score CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $103,948.13 or 63.09 months. Required assets of 6 months or $9,885.78

Client Complete

430367101

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.09.19 Updated value received, appraised value supported.

07.09.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  755 Fico exceeds 700 mid score CFCFS1737: LTV below guideline requirements - Clayton Comments:  70% LTV is below max of 80% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post close assets of $103,948.13 or 63.09 months. Required assets of 6 months or $9,885.78

Client Complete

430367102

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7/24/19-Lender provided corrected PCCD 7/24/19

7/24/19-Exception satisfied

Hybrid

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post Close Reserves:$78,505.96 or 27.28 months P&I; Guidelines Required Reserves:$34,539.36 or 12 months P&I. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO of 721 exceeds the minimum  FICO of 680 CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in profession for 3 years

Client Complete

430449091

XXXXXX

NJ

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Credit

Assets

Satisfied

C

A

C

A

CRDAST206

Asset Amounts Are Unsupported by Documentation in File

No

Last Asset Statement for xx is April, which is over 90 days from Closing date of XXXNeed May Statement

9.6.19 lender provided updated assets.

9.6.19 exception satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 52.94%; Max is 60%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  731 credit score exceeds minimum of 640 per guidelines.

Complete

430449091

XXXXXX

NJ

(No Data)

ATR/QM: Exempt

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

N/A

A

N/A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.28.19 Updated value received, appraised value supported.

08.28.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is 52.94%; Max is 60%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  731 credit score exceeds minimum of 640 per guidelines.

Complete

430449092

XXXXXX

NJ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

09.03.19 Updated value received, appraised value supported.

09.03.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  64.76% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  791 credit score exceeds minimum of 650. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $35,109.55 or 13.98 months of reserves.Required P&I Reserves are $2512.13 x 6 = $15,072.78. CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.04%; Max is 49%.

Complete

430235061

XXXXXX

CT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

State Anti-Predatory

Satisfied

C

A

C

A

CMPSTAP1730

CT Home Loan - 1st lien, Finance Charges exceed 5% limit.

No

CT Higher-Priced Loan based on a test APR 7.538% with a benchmark rate of 4.2100% resulting in a difference of 3.328% exceeding the maximum threshold of 1.500%.

6.13.19 Received LDR, documentation supports fees existing testing result.6.27.19 - Lender provided refund of $606.50, LOX and tracking number.

6.13.19 Exception remains.6.27.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 10 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  695 FICO exceeds 640 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.87 DTI is below max of 43%.

Client Complete

430235061

XXXXXX

CT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

State Rate Spread

Active

B

B

B

B

CMPSRS301

CT Non-Prime, loan exceeds rate spread threshold

No

Original Principal Balance for loan is $XXX. Adjusted Charges of $xxxx exceeds the Maximum Charges 5.000% threshold of $xxxx by $xxxx which is 5.211% of total charges.

6.13.19 Received LDR, documentation supports fees existing testing result.

6.13.19 Exception remains.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 10 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  695 FICO exceeds 640 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.87 DTI is below max of 43%.

Client Complete

430235061

XXXXXX

CT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Credit/Mtg History

Satisfied

D

A

D

A

CRDCRMH149

Missing support docs for VOM/VOR (e.g. cancelled checks)

No

Per guide lines: If Private Lender or Private Landlord, 12 months cancelled checks or 12 months bank statements must be provided to document mortgage or rents.

6.7.19 Lender provided response to VOR in reference to investment property. However This is Owner Occuppied and per guidelines its state: If borrower are living rent free, evidence that someone is making the payments is required. Final 1003 and documents doesn't reflect this being the case. The guides do stateIf Private Lender or Private Landlord, 12 months cancelled checks or 12 months bank statements must be provided to document mortgage or rents. 6.11.19 - Documentation received to clarify guideline requirement for VOR when borrowers are renting and are purchasing an investment property.  Borrower previously rented primary and is purchasing a primary property.

6.7.2019 Exception remains. 6.11.19 - Upon Further Review additional documentation is not needed when purchasing a primary residence.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 10 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  695 FICO exceeds 640 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.87 DTI is below max of 43%.

Client Complete

430235061

XXXXXX

CT

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

06.05.19 Updated value received, appraised value supported.

06.05.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been at job for 10 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  695 FICO exceeds 640 mid score CFCFS1744: DTI below guideline requirement - Clayton Comments:  38.87 DTI is below max of 43%.

Client Complete

430367104

XXXXXX

FL

(No Data)

ATR/QM: Exempt

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.23.19 Updated value received, appraised value supported.

07.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 65% is below the max ltv of 75% CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided in current residence for 5 years

Client Complete

430449093

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

C

A

D

A

C

A

D

A

C

A

Compliance

County High Cost

Satisfied

C

A

C

A

CMPCHC347

ILCK High-Cost Loan by exceeding point and fee threshold,

No

Adjusted Charges $xxxx Total Loan Amount $xxxx Maximum Charges % 5.000% Maximum Charges $xxxx Charges Margin to Threshold $xxxx Total Charges % 5.359% Exceeds fees test threshold? Yes

8.22.19 Received loan detail report from client, it appears there is a $500 Attorney fee that is being excluded by the Lender, however in order to exclude borrower must be provided choice of attorney, and disclosure provided. File is missing disclosure.9.10.19 Received letter of explanation from client regarding attorney fee and purpose.

9.10.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.55%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Verified reserves of $22,278.65 or 17.77 months PITI; 3 months (3 * $1,253.70 = $3,761.10)

Client Complete

430449093

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

C

A

D

A

C

A

D

A

C

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Tape shows guides dated 07/09/18, Reviewer used ITIN guidelines of 05.01.19 per Lender application date of xxxx. Please provide corrected tape.Guidelines on 07.09.18 do not cover ITIN borrowers. Additional exceptions may apply.

8.15.19 - Received updated tape with guide date and Loan Detail

8.15.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.55%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Verified reserves of $22,278.65 or 17.77 months PITI; 3 months (3 * $1,253.70 = $3,761.10)

Client Complete

430449093

XXXXXX

IL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

C

A

D

A

C

A

D

A

C

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.12.19 Updated value received, appraised value supported.

08.12.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is 42.55%; Max is 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Assets: Verified reserves of $22,278.65 or 17.77 months PITI; 3 months (3 * $1,253.70 = $3,761.10)

Client Complete

430367105

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Other Costs, Section E. Taxes and Other Govt. Fees: Recording Fee of $xxxx is missing itemization for Deed/Mortgage.

7.11.19 Received PCCD from client.

7.11.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is below the max LTV of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit scoreof 802 exceeds the minimum  fico of 660. CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 2 years

Client Complete

430367105

XXXXXX

FL

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.10.19 Updated value received, appraised value supported.

07.10.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of 70% is below the max LTV of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit scoreof 802 exceeds the minimum  fico of 660. CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 2 years

Client Complete

430449094

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Assets

Satisfied

C

A

C

A

CRDAST206

Asset Amounts Are Unsupported by Documentation in File

No

There are no Assets in file only a wire receipt for funds to close. Per guidelines 6 months P&I also missing.

8.14.19 Received assets statements

8.14.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX XXX for the past 18 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 731, minimum allowed for 70% LTV is 660

Complete

430449094

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Data Verify shows -0- score and a High Issue Not Cleared

8.14.19 - Received Data Verify with a score of 752

8.14.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX XXX for the past 18 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 731, minimum allowed for 70% LTV is 660

Complete

430449094

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval

8.14.19 Received Lender's Loan Approval

8.14.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX XXX for the past 18 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 731, minimum allowed for 70% LTV is 660

Complete

430449094

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.13.19 Updated value received, appraised value supported.

08.13.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX XXX for the past 18 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 731, minimum allowed for 70% LTV is 660

Complete

430449095

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

B

A

D

A

C

A

D

A

B

A

Compliance

Federal Consumer Protection

Satisfied

B

A

B

A

CMPFDCP847

TILA - ARM Loan Program Disclosure after 3 days from application

No

ARM Loan Program Disclosure not within 3 days of initial application date xxxx. The only ARM Disclosure in file was provided at loan consummation date of XXX.

8.28.19 Received initial arm disclosure from client.

8.28.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 750 exceed required of 700 CFCFS1737: LTV below guideline requirements - Clayton Comments:  51.71% LTV is below maximum of 80%.

Complete

430449095

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

B

A

D

A

C

A

D

A

B

A

Credit

Assets

Satisfied

C

A

C

A

CRDAST205

Insufficient Funds to Close

No

Missing evidence of $xxxx in closing funds.

8.29.19 lender provided updated assets.

8.29.19 exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 750 exceed required of 700 CFCFS1737: LTV below guideline requirements - Clayton Comments:  51.71% LTV is below maximum of 80%.

Complete

430449095

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

B

A

D

A

C

A

D

A

B

A

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Missing 6 months reserves ($13,204.14).

8.29.19 Received additional Assets to cover 6 months reserves

8.29.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 750 exceed required of 700 CFCFS1737: LTV below guideline requirements - Clayton Comments:  51.71% LTV is below maximum of 80%.

Complete

430449095

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

C

A

D

A

B

A

D

A

C

A

D

A

B

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation.

08.29.19 Updated value received, appraised value supported.

08.29.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for 10 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 750 exceed required of 700 CFCFS1737: LTV below guideline requirements - Clayton Comments:  51.71% LTV is below maximum of 80%.

Complete

430449096

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4283

TRID - CD: The value for Deposit in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CDs xx/xx/xxxx & xx/xx/xxxx: The value for Deposit in the LE column of the CD's Calculating Cash to Close table ($-xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($0).

8.28.19 Received locked LE from client.

8.28.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 15 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers representative score is 762, minimum  allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 29.24 / 35.32, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Guidelines Required 12 months P&I reserves.Verified 46.03 months of P&I

Complete

430449096

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4284

TRID - CD: The value for Seller Credits in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CDs xx/xx/xxxx & xx/xx/xxxx: The value for Seller Credits in the LE column of the CD's Calculating Cash to Close table ($-xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($-xxxx).

8.28.19 Received locked LE from client.

8.28.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 15 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers representative score is 762, minimum  allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 29.24 / 35.32, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Guidelines Required 12 months P&I reserves.Verified 46.03 months of P&I

Complete

430449096

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CDs xx/xx/xxxx & xx/xx/xxxx: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

8.28.19 Received locked LE from client.

8.28.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 15 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers representative score is 762, minimum  allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 29.24 / 35.32, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Guidelines Required 12 months P&I reserves.Verified 46.03 months of P&I

Complete

430449096

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CDs xx/xx/xxxx & xx/xx/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx).

8.28.19 Received locked LE from client.

8.28.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 15 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers representative score is 762, minimum  allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 29.24 / 35.32, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Guidelines Required 12 months P&I reserves.Verified 46.03 months of P&I

Complete

430449096

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Assets

Satisfied

D

A

D

A

CRDAST2670

Asset documentation is insufficient per guideline requirements

No

No Assets in fileMissing 1 month Statement for XXX #XXX

8.29.19 - Received updated July Bank Statement

8.29.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 15 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers representative score is 762, minimum  allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 29.24 / 35.32, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Guidelines Required 12 months P&I reserves.Verified 46.03 months of P&I

Complete

430449096

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC2488

Verbal verification of employment missing

No

Per guidelines verbal verification is required 90 days prior to note date.

8.29.19 received additional documentation

8.29.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 15 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers representative score is 762, minimum  allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 29.24 / 35.32, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Guidelines Required 12 months P&I reserves.Verified 46.03 months of P&I

Complete

430449096

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Missing Lenders Final Approval

8.27.19 - Received Lenders Approval

8.27.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 15 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers representative score is 762, minimum  allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 29.24 / 35.32, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Guidelines Required 12 months P&I reserves.Verified 46.03 months of P&I

Complete

430449096

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3124

Loan documents do not meet guideline requirements

No

DV in file has -0- as a score, several High Issues not cleared

8.27.19 Received DV with 762 score

8.27.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 15 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrowers representative score is 762, minimum  allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 29.24 / 35.32, maximum allowed is 49% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Guidelines Required 12 months P&I reserves.Verified 46.03 months of P&I

Complete

430678983

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3952

TRID - CD: The CD Projected Payments section and the CD Loan Disclosures section are not consistent in regards to whether or not an escrow account will be established

No

Numeric-material error- CD xx/x/x/xxxx Estimated Taxes, Insurance & Assessments for Property Taxes and Homeowner's Insurance value of $xxxx does not match Loan Disclosures Estimated Property Costs over Year 1 value of $0.00

10.31.19 Received revised PCCD xx/x/x/xxxx from client.

10.31.19 Exception satisfied

Non-Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $268,302.63 or 79.23 months of P&I.Required P&I Reserves are $3386.18 x 6 months = $ 20,317.08. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI is 24.92%; maximum DTI allowed per guideline is 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Per CPA letter, borrower has been XXX as XXX for at least 5 yrs.

Complete

430678983

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3961

TRID - CD: The amount of the periodic escrow payment in the Projected Payments section does not equal the periodic escrow payment disclosed in the Loan Disclosures section

No

Numeric-material error- CD xx/x/x/xxxx Estimated Taxes, Insurance & Assessments for Property Taxes and Homeowner's Insurance value of $xxxx does not match Loan Disclosures Estimated Property Costs over Year 1 value of $0.00

10.31.19 Received revised PCCD xx/x/x/xxxx from client.

10.31.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $268,302.63 or 79.23 months of P&I.Required P&I Reserves are $3386.18 x 6 months = $ 20,317.08. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI is 24.92%; maximum DTI allowed per guideline is 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Per CPA letter, borrower has been XXX as XXX for at least 5 yrs.

Complete

430678983

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID4346

TRID - CD: Monthly Escrow Amount in Projected Payments is inconsistent with annual cost in Loan Disclosure section

No

Numeric-material error- CD xx/x/x/xxxx Estimated Taxes, Insurance & Assessments for Property Taxes and Homeowner's Insurance value of $xxxx does not match Loan Disclosures Estimated Property Costs over Year 1 value of $0.00

10.31.19 Received revised PCCD xx/x/x/xxxx from client.

10.31.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $268,302.63 or 79.23 months of P&I.Required P&I Reserves are $3386.18 x 6 months = $ 20,317.08. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI is 24.92%; maximum DTI allowed per guideline is 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Per CPA letter, borrower has been XXX as XXX for at least 5 yrs.

Complete

430678983

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender approval.

10.30.19 Received Lenders Loan Approval

10.30.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $268,302.63 or 79.23 months of P&I.Required P&I Reserves are $3386.18 x 6 months = $ 20,317.08. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI is 24.92%; maximum DTI allowed per guideline is 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Per CPA letter, borrower has been XXX as XXX for at least 5 yrs.

Complete

430678983

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing 3rd party valuation.

11.14.19 Updated value received, appraised value supported.

11.14.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $268,302.63 or 79.23 months of P&I.Required P&I Reserves are $3386.18 x 6 months = $ 20,317.08. CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI is 24.92%; maximum DTI allowed per guideline is 49%. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Per CPA letter, borrower has been XXX as XXX for at least 5 yrs.

Complete

430367106

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

Federal Consumer Protection

Satisfied

B

A

B

A

CMPFDCP847

TILA - ARM Loan Program Disclosure after 3 days from application

No

Missing Initial ARM Loan Program Disclosure delivered within 3 days of loan application date of xxxx. ARM Loan Program Disclosure in file was delivered at loan consummation on XXX.

7.15.19 Received disclosure from client.

7.15.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 681, minimum allowed is 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 36.76% maximum allowed is 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $30,389.29 or 21.71 months of P&I. 6 months required.

Client Complete

430367106

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

A

B

A

CMPTRID3476

TRID - Written List of Providers not provided or untimely

No

Written List of Providers not in file.

7.15.19 Received SPL from client.

7.15.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 681, minimum allowed is 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 36.76% maximum allowed is 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $30,389.29 or 21.71 months of P&I. 6 months required.

Client Complete

430367106

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Assumption selection on all CDs (will not allow) does not match the clause in the ARM Rider of the mortgage (will allow, under certain conditions).

7.16.19 Received PCCD from client

7.16.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 681, minimum allowed is 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 36.76% maximum allowed is 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $30,389.29 or 21.71 months of P&I. 6 months required.

Client Complete

430367106

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID4214

TRID - Loan Estimate: An LE is missing at least one required data point

No

Numeric- Material Error: LE xx/x/x/xxxx and LE xx/x/x/xxxx is missing the lender's NMLS ID and License ID.

7.16.19 Received LE xx/xx/xxxx & xx/xx/xxxx from client

7.16.19 Exception satisfied

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 681, minimum allowed is 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 36.76% maximum allowed is 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $30,389.29 or 21.71 months of P&I. 6 months required.

Client Complete

430367106

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID5115

TRID - Closing Disclosure:  The Creditors Brokers or Contact persons NMLS or State ID is missing

No

Numeric-Material Error: CD xx/x/x/xxxx, CD xx/x/x/xxxx and CD xx/x/x/xxxx is missing NMLS ID and State License ID for the Lender; they are included for the Loan Officer.

7.16.19 Received PCCD from client

7.16.19 Exception satisfied

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 681, minimum allowed is 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 36.76% maximum allowed is 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $30,389.29 or 21.71 months of P&I. 6 months required.

Client Complete

430367106

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Credit/Mtg History

Satisfied

B

A

B

A

CRDCRMH193

Length of mortgage/rental history in file does not meet guideline requirement

No

Missing 12 months of Verification of Mortgage that is on the Subject property for the 1st mortgage with XXX and the 2nd Lien (HELOC) with XXX.

7.15.19 Received Mortgage History

7.15.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 681, minimum allowed is 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 36.76% maximum allowed is 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $30,389.29 or 21.71 months of P&I. 6 months required.

Client Complete

430367106

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Terms/Guidelines

Satisfied

D

A

D

A

CRDTER146

Missing lender's loan approval/underwriting form

No

Missing lender's loan approval/underwriting form

7.15.19 Received Lenders Loan Approval

7.15.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 681, minimum allowed is 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 36.76% maximum allowed is 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $30,389.29 or 21.71 months of P&I. 6 months required.

Client Complete

430367106

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Credit

Title

Satisfied

C

A

C

A

CRDTIL100

Potential title issue

No

Missing Evidence the 2nd lien (HELOC) with XXX is Paid Off and Closed or Copy of Satisfactory Subordination of the 2nd Lien as was required on Title.

7.15.19 - Received updated Credit Report showing 2nd Lien with XXX is Paid and Closed

7.15.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 681, minimum allowed is 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 36.76% maximum allowed is 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $30,389.29 or 21.71 months of P&I. 6 months required.

Client Complete

430367106

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.23.19 Updated value received, appraised value supported.

07.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 681, minimum allowed is 640 CFCFS1737: LTV below guideline requirements - Clayton Comments:  Borrower's LTV is 36.76% maximum allowed is 75% CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $30,389.29 or 21.71 months of P&I. 6 months required.

Client Complete

430367107

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3716

TRID - Curable issue related to the Closing Disclosure in file

No

Numeric Non Material Error: Seller paid fees per CD issued CD: xx/xx/xxxx do not match seller CD issued xx/xx/xxxx the following fees on the seller CD are missing from CD in the loan cost section: Retrofit fee $xxxx, Title- Drawing Grant fee $xxxx, Title- Escrow fee $xxxx, Title-Processing Demands fee $xxxx, and Title-Sub Escrow fee $xxxx.

7.8.19 Received PCCD from client.

7.8.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 768, minimum allowed is 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 5.50 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's required reserves are 12 months of P&I ($65,880.72)Verified 23.51 months of P&I Reserves ($129,078.64)

Client Complete

430367107

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

No

Loan consummated before the end of the required waiting period due to missing the initial CD.

7.8.19 Received initial CD from client.

7.8.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 768, minimum allowed is 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 5.50 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's required reserves are 12 months of P&I ($65,880.72)Verified 23.51 months of P&I Reserves ($129,078.64)

Client Complete

430367107

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Credit

Assets

Satisfied

D

A

D

A

CRDAST2670

Asset documentation is insufficient per guideline requirements

No

Proof of Receipt of the Gift for $150,000.00 from XXX

7.8.19 Received copy of wire receipt for $105,316.67, which does not correspond with the Gift letter in file stating borrower was receiving $150,000.00.7.9.19 Received Corrected Gift letter to support finds actually received.

7.8.19 Exception not satisfied - Provide corrected Gift letter to reflect what borrower received $105,316.67. Borrower will still qualify with the lesser amount.7.9.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 768, minimum allowed is 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 5.50 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's required reserves are 12 months of P&I ($65,880.72)Verified 23.51 months of P&I Reserves ($129,078.64)

Client Complete

430367107

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC2488

Verbal verification of employment missing

No

Missing Borrower's Verbal verification of employment.

7.8.19 - Received VVOE.

7.8.19 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 768, minimum allowed is 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 5.50 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's required reserves are 12 months of P&I ($65,880.72)Verified 23.51 months of P&I Reserves ($129,078.64)

Client Complete

430367107

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3124

Loan documents do not meet guideline requirements

No

Missing Loan Detail Report

7.8.19 Received Mavent Report

7.8.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 768, minimum allowed is 700 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 5.50 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's required reserves are 12 months of P&I ($65,880.72)Verified 23.51 months of P&I Reserves ($129,078.64)

Client Complete

430709412

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3618

TRID - Corrected CD should have been provided; Change of Product or Product Feature not disclosed at least 3 business days prior to closing

No

Non-numeric material error per LE issued xx/xx/xxxx Product is 0/0 Adjustable rate, this does not match CD issued xx/xx/xxxx Product 7/1 Adjustable Rate. Provide corrected LE or CD issued for program change.

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.86 / 38.56%, maximum allowed is 49%

Complete

430709412

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

No

Loan consummated before end of waiting period, the only CD in file is issued xx/xx/xxxx and executed xx/xx/xxxx, provide initial cd.

9.26.19 Received initial CD.

9.26.19 Exception satisfied,

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.86 / 38.56%, maximum allowed is 49%

Complete

430709412

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Provide seller cd.

9.17.19 Received seller cd from client

9.17.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.86 / 38.56%, maximum allowed is 49%

Complete

430709412

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

Material Tolerance error of $2593.74 per final CD issued xx/xx/xxxx for fees increased without valid change of circumstance for redisclosure of points in amount of $2218.74 and appraisal field review fee in amount of $375Material Tolerance error of $2593.74 per final CD issued xx/xx/xxxx for fees increased without valid change of circumstance for redisclosure of points in amount of $2218.74 and appraisal field review fee in amount of $375.

9.26.19 Received PCCD from client evidencing lender credit of $375 for increase in closing costs above legal limit, however there is no COC for the increase in points paid by borrower. Initial CD issued xx/xx/xxxx discloses points at 0.5% $1479.16. Points increased to 0.75% $2218.74 on final CD xx/xx/xxxx without change of circumstance to disclose to increase in fee. Remains out of tolerance in amount of $1521.58. 10.1.19 Received PCCD dated 9/30/2019 with lender credit of $1114.74.

10.1.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.86 / 38.56%, maximum allowed is 49%

Complete

430709412

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-numeric material error per final cd issued xxxx section: Calculating Cash to Close, Field: Total Closing Costs (J) - Loan Estimate, Value of $xxxx does not match LE xx/x/x/xxxx, Section: Calculating Cash To Close, Field: Total Closing Costs (J), Value of $xxxx

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.86 / 38.56%, maximum allowed is 49%

Complete

430709412

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Non-numeric material error per final cd issued xxxx section: Calculating Cash to Close, Field: Cash to Close - Loan Estimate, Value of $XXX does not match LE: xx/xx/xxxx, Section: Calculating Cash To Close, Field: Estimated Cash to Close, Value: XXX

9.26.19 Received PCCD from client.

9.26.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.86 / 38.56%, maximum allowed is 49%

Complete

430709412

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Non numeric error per final CD issued xx/xx/xxxx Real Estate Broker (S) is present, however Section H is missing fee for Real Estate Commission.

9.25.19 Received seller CD from client disclosing fee.

9.25.19 Exception satisfied.

Numeric

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.86 / 38.56%, maximum allowed is 49%

Complete

430709412

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Credit

Credit/Mtg History

Active

B

B

B

B

CRDCRMH148

Credit report stale dated at closing

No

Credit Report in file is dated 5.20.19 Note date is XXXCredit is 108 days old, maximum allowed is 90 days

(No Data)

non-material B

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.86 / 38.56%, maximum allowed is 49%

Complete

430709412

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Credit

Terms/Guidelines

Satisfied

A

A

A

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Missing Loan Detail Report

9.17.19 Received Loan Detail Report

9.17.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  Borrower has been in the same profession for 5 years. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 715, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.86 / 38.56%, maximum allowed is 49%

Complete

430449097

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/x/x/xxxx - Calculating Cash to Close Table: Total Closing Costs (J) - Indicates there was a change ("Yes"), however, there is no explanation of why there was a change.

8.23.19 Received corrected final cd from client.

8.23.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned their current primary for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 36.46/41.05%, maximum DTI allowed is 49%

Complete

430449097

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

CD xx/x/x/xxxx - Other Costs, Section H. Other: Missing the seller paid Real Estate Broker Commissions. Per the Purchase Agreement, the seller will pay these fees. The file is missing the Seller CD to validate.

8.23.19 Received final cd and seller cd from client.

8.23.19 Exception satisfied.

Numeric

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned their current primary for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 36.46/41.05%, maximum DTI allowed is 49%

Complete

430449097

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD not in file.

8.23.19 Received Seller cd from client.

8.23.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned their current primary for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 36.46/41.05%, maximum DTI allowed is 49%

Complete

430449097

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5111

TRID - LE delivered only via e-mail but there is no prior e-sign consent in file; by regulation, LE must be treated as not delivered

No

Initial LE xx/x/x/xxxx was e-signed on xx/xx/xxxx by the Borrower. There is no E-Consent in the file.

8.19.19 received Docmagic esign cert.

8.19.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned their current primary for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 36.46/41.05%, maximum DTI allowed is 49%

Complete

430449097

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

Missing Final Signed 1003

8.22.19 Received Final Loan Application

8.22.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned their current primary for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 36.46/41.05%, maximum DTI allowed is 49%

Complete

430449097

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC2488

Verbal verification of employment missing

No

Missing Verbal Verification

8.22.19 Received Verbal Verification

8.22.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned their current primary for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 36.46/41.05%, maximum DTI allowed is 49%

Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Compliance

Federal Consumer Protection

Satisfied

B

A

B

A

CMPFDCP847

TILA - ARM Loan Program Disclosure after 3 days from application

No

ARM Loan Program Disclosure not within 3 days of initial application date xxxx.

8.9.19 Received initial arm disclosure from client.

8.9.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Compliance

RESPA

Satisfied

B

A

B

A

CMPRESPA2704

RESPA - List of homeowners counseling organizations not compliant

No

Missing the List of homeowners counseling organizations.

8.9.19 Received Homeownership counseling list from client, document is not dated.8.16.19 Received Homeownership counseling list from client.

8.16.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Compliance

RESPA

Satisfied

B

A

B

A

CMPRESPA863

RESPA: Required Affiliate Business Disclosure missing

No

Missing Affiliated Business Disclosure.

8.9.19 Received disclosure from client.

8.9.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

Non-Numeric Error: CD xx/x/x/xxxx in the loan Costs and other cost section is missing pages 2 and 3.

8.9.19 Received final CD missing pages from client.

8.9.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing Seller CD and other documentation of seller paid fees outside.

8.9.19 Received seller CD from client.

8.9.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

Initial and Final 1003's are missing employment information

8.13.19 Received updated

8.13.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Credit

Assets

Satisfied

C

A

C

A

CRDAST3078

Insufficient # of months cash reserves for PITI per guideline requirements

No

Per Guidelines Gifts are not allowed on the 90% No MI, must be borrower's own funds Required P&I Reserves are $2,797.23 x 12 = $33,566.76 Borrower is short $33,566.76 in P&I Reserves.

8.13.19 Received updated assets to satisfy reserve requirement

8.13.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Credit

Assets

Satisfied

D

A

D

A

CRDAST2670

Asset documentation is insufficient per guideline requirements

No

There are 2 Gift letters in file $30,000.00 from XXX with no evidence of receipt of funds $35,000.00 from XXX with no evidence of receipt of funds There are 2 checks in file neither of which are accompanied by receipt of deposit

The Guidelines were provided and the xxxx program does not allow Gifts. Gifts were removed from total Assets and a different exception gets gets created.Borrower is short Assets

8.9.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Credit

Assets

Satisfied

N/A

A

N/A

A

CRDAST205

Insufficient Funds to Close

No

Gifts are not allowed on 90% MI program per guide lines.Borrower is short liquid funds in the amount of$40,33,566.76

8.13.19 Received bank statement.

8.13.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC2488

Verbal verification of employment missing

No

Verbal verification of employment missing

8.16.19 Received Verbal Verification.

8.16.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Credit

LTV/CLTV

Satisfied

C

A

C

A

CRDLTV3028

LTV Exceeds Guideline Requirement by 10% or more

No

Maximum LTV per guidelines dated 4.24.19 according to Tape is 80%Loan currently stands at 90% LTV.

8.8.19 Received updated Guideline, File underwritten to the 90% No Mi Program

8.8.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Credit

Terms/Guidelines

Satisfied

N/A

A

N/A

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Provide corrected tape reflecting Guidelines used are 5.13.19 and NOT 4.24.19 as Tape currently reads.

8.13.19 Updated Tape received showing guides used are 5.13.19

8.13.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430497234

XXXXXX

AZ

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Property Valuations

Appraisal

Satisfied

N/A

A

N/A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.06.19 Updated value received, appraised value supported.

08.06.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's Credit Score is 722, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.57 / 22.23%, maximum allowed is 49%

Client Complete

430531556

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

The seller-paid Real Estate Broker Commissions for Buyer & Seller are missing from the Seller Paid column in Section H. Other on all CDs.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 723, minimum allowed is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower's XXX for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 5.41 / 14.22% maximum DTI is 49%

Complete

430531556

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4282

TRID - CD: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CDs xx/xx/xxxx & xx/xx/xxxx: The value for Downpayment/Funds From Borrower in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx). There is only one LE in the file.

8.20.19 Received locked LE from client.

8.20.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 723, minimum allowed is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower's XXX for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 5.41 / 14.22% maximum DTI is 49%

Complete

430531556

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4283

TRID - CD: The value for Deposit in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CDs xx/xx/xxxx & xx/xx/xxxx: The value for Deposit in the LE column of the CD's Calculating Cash to Close table ($-xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($0). There is only one LE in the file.

8.20.19 Received locked LE from client.

8.20.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 723, minimum allowed is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower's XXX for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 5.41 / 14.22% maximum DTI is 49%

Complete

430531556

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CDs xx/xx/xxxx & xx/xx/xxxx: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx). There is only one LE in the file.

8.20.19 Received locked LE from client.

8.20.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 723, minimum allowed is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower's XXX for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 5.41 / 14.22% maximum DTI is 49%

Complete

430531556

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

CDs xx/xx/xxxx & xx/xx/xxxx: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table ($xxxx) is different from the value disclosed on the last LE xx/x/x/xxxx ($xxxx). There is only one LE in the file.

8.20.19 Received locked LE from client.

8.20.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 723, minimum allowed is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower's XXX for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 5.41 / 14.22% maximum DTI is 49%

Complete

430531556

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Credit

Application

Active

B

B

B

B

CRDAPP3822

Missing or incomplete documentation related to citizenship/residency

No

Missing applicants immigration status for the previous 2 years (e.g. prior EAD renewals). File contains current EAD effective beginning 1/19/2018 or 20 months instead of 24 months required per guides.

(No Data)

Condition deemed non-material B due to DTI >25 points below guideline maximum, credit score >25 points above guideline minimum, stability with 7 years on job.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 723, minimum allowed is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower's XXX for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 5.41 / 14.22% maximum DTI is 49%

Complete

430531556

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Credit

Application

Satisfied

A

A

A

A

CRDAPP130

Application is incomplete

No

Borrower is XXX per income documents. Application reflects wage earner.

8.22.19 Received Final Loan Application

8.22.19 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 723, minimum allowed is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower's XXX for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 5.41 / 14.22% maximum DTI is 49%

Complete

430531556

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Credit

Income/Employment

Satisfied

A

A

A

A

CRDINC2488

Verbal verification of employment missing

No

Verbal verification of employment missing

8.21.19 - lender provided VVOE

8.21.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 723, minimum allowed is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower's XXX for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 5.41 / 14.22% maximum DTI is 49%

Complete

430531556

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Credit

Terms/Guidelines

Satisfied

A

A

A

A

CRDTER3124

Loan documents do not meet guideline requirements

No

Missing Terms for new car loan with XXX as stated on 1003 and evidence XXX loan was paid off.

8.23.19 - lender provide credit refreshing showing $0 balance.

8.23.19 - exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 723, minimum allowed is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower's XXX for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 5.41 / 14.22% maximum DTI is 49%

Complete

430531556

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

08.20.19 Updated value received, appraised value supported.

08.20.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 723, minimum allowed is 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower's XXX for the past 7 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 5.41 / 14.22% maximum DTI is 49%

Complete

430449098

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

TRID - CD: At least one section contains formatting that does not comply with the Regulation

No

CD xx/xx/xxxx Other Costs section "H" - line 02 , 03, 07  identifies a value but who the fee is payable to is missing.

8.20.19 Received PCCD from client, however formatting issue still present as document does not have seller address.8.23.19 Received PCCD 8/21/2019 - 2 from client with addendum for seller address.

8.23.19 Exception satisfied.

Hybrid

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  740 credit score exceeds minimum of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.85% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $54,136.56 or 16.81 months of reserves.Required P&I Reserves are $3220.50 x 12 = $68,646.00.

Complete

430449098

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4463

TRID - Assumption selection on the CD does not match the clause in the mortgage.

No

Assumption selection on the CD states will not allow assumption of this loan on the original terms. However per mortgage and arm rider loan is assumable upon credit approval and after fix initial period.

8.20.19 Received PCCD from client.

8.20.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  740 credit score exceeds minimum of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.85% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $54,136.56 or 16.81 months of reserves.Required P&I Reserves are $3220.50 x 12 = $68,646.00.

Complete

430449098

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC2488

Verbal verification of employment missing

No

Missing verbal VOE.

8.20.19 - Received Verbal VOE

8.20.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  740 credit score exceeds minimum of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.85% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $54,136.56 or 16.81 months of reserves.Required P&I Reserves are $3220.50 x 12 = $68,646.00.

Complete

430449098

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Credit

Insurance

Satisfied

D

A

D

A

CRDINSR2400

Missing Flood Certification Document

No

Missing flood cert

8.20.19 Received Flood Cert X

8.20.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  740 credit score exceeds minimum of 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  37.85% DTI is below maximum of 49%. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower's Post Close Assets are $54,136.56 or 16.81 months of reserves.Required P&I Reserves are $3220.50 x 12 = $68,646.00.

Complete

430678986

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

Compliance Manual

Satisfied

D

A

D

A

CMPMAN2950

Missing Rate Lock

No

Missing Rate Lock.

10.25.19 - lender provided rate lock

10.29.19 - exception satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for the past 16 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 721, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.43 / 19.70, maximum allowed is 49% CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided for the past 25 years at the departing residence

Complete

430678986

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4299

TRID - CD: The value for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error: Final CD xx/x/x/xxxx The value $xxxx for Total Closing Costs in the LE column of the CD's Calculating Cash to Close table is different from the value $xxxx disclosed on the last LE xx/x/x/xxxx.

10.25.19 Received lock LE.

10.25.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for the past 16 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 721, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.43 / 19.70, maximum allowed is 49% CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided for the past 25 years at the departing residence

Complete

430678986

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4309

TRID - CD: The value for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value disclosed on the last LE

No

Numeric Non-Material Error: Final CD xx/x/x/xxxx The value $xxxx for Cash to Close in the LE column of the CD's Calculating Cash to Close table is different from the value $xxxx disclosed on the last LE xx/x/x/xxxx.

10.25.19 Received lock LE.

10.25.19 Exception satisfied.

Non-Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for the past 16 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 721, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.43 / 19.70, maximum allowed is 49% CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided for the past 25 years at the departing residence

Complete

430678986

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Realtor Commissions reflected on Seller CD but not in section H of Borrower Final CD.

(No Data)

Condition Satisfied. The file contains the Sellers CD reflecting all charges paid by Seller. Fees have been included in the fee testing with no violation.

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for the past 16 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 721, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.43 / 19.70, maximum allowed is 49% CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided for the past 25 years at the departing residence

Complete

430678986

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

No

Loan consummated before end of waiting period. There is only a CD at closing in the file, dated xx/xx/xxxx. Provide initial CD.

10.25.19 Received final CD, same as in file. Provide initial CD.  10.31.2019 - Received initial CD.

10.25.19 Exception remains.  10.31.2019 - Exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for the past 16 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 721, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.43 / 19.70, maximum allowed is 49% CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided for the past 25 years at the departing residence

Complete

430678986

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

Seller fees; Title-Escrow Fee, Title-Recording Service, Title-Sub Escrow, Title-Wire/Overnight Fee, 1st Half Taxes, HOA Upfront fee, Home Warranty, Notary, Other to Disclosure Source, Owners Association Charges to XXX, Owners Association Charges to XXX, Termite and Title - Owners Policy are all listed on Seller CD dated xx/xx/xxxx but not Borrower final CD dated xx/xx/xxxx.

(No Data)

Condition Satisfied. The file contains the Sellers CD reflecting all charges paid by Seller. Fees have been included in the fee testing with no violation.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX for the past 16 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 721, minimum allowed is 700 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 19.43 / 19.70, maximum allowed is 49% CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has resided for the past 25 years at the departing residence

Complete

430709413

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

B

B

B

B

CMPROR118

ROR - Disbursement date is on/before disclosed "midnight of" date

No

ROR - Disbursement date is on the disclosed "midnight of" date.

10.31.19 Received PCCD from client.

10.31.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  17 years on job and 20 in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $22,483.41 or 10.72 months of P&I.Required P&I Reserves are $2,096.17 x 6 months = $12,577.02 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI 42.3%; maximum DTI allowed per guideline is 49%.

Complete

430709413

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

Right of Rescission

Satisfied

C

B

C

B

CMPROR2330

ROR - Disbursement date is before end of statutory rescission period

No

The disbursement date per the Final CD is xx/xx/xxxx. ROR - Disbursement date is before end of statutory rescission period

10.31.19 Received PCCD from client.

10.31.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  17 years on job and 20 in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $22,483.41 or 10.72 months of P&I.Required P&I Reserves are $2,096.17 x 6 months = $12,577.02 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI 42.3%; maximum DTI allowed per guideline is 49%.

Complete

430709413

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID3774

TRID -  LE or CD change in loan terms without valid change of circumstance

No

Numeric Non-Material Error: Loan Amount changed from $xxxx on LE xx/x/x/xxxx to $xxxx on Final CD xx/x/x/xxxx without a valid change of circumstance.

10.31.19 Received PCCD from client.

10.31.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  17 years on job and 20 in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $22,483.41 or 10.72 months of P&I.Required P&I Reserves are $2,096.17 x 6 months = $12,577.02 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI 42.3%; maximum DTI allowed per guideline is 49%.

Complete

430709413

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

No

Loan consummated before end of waiting period. There is only a CD at closing in the file, dated xx/xx/xxxx. Provide initial CD.

10.31.19 Received initial CD from client

10.31.19 Exception satisfied

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  17 years on job and 20 in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $22,483.41 or 10.72 months of P&I.Required P&I Reserves are $2,096.17 x 6 months = $12,577.02 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI 42.3%; maximum DTI allowed per guideline is 49%.

Complete

430709413

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

B

C

B

CMPTRID3670

TRID - Zero tolerance fee or fees increased at or prior to closing without a valid reason or not timely disclosed; refund required within 60 days of consummation

No

Numeric - Tolerances Error: Final CD xx/x/x/xxxx Zero Tolerance fees; Origination and Discount Points increased $529.20 from LE xx/x/x/xxxx to CD xx/x/x/xxxx without a change of circumstance, refund required with 60 days of consummation for $529.20 with a letter of explanation, post consummation CD and proof if delivery.

10.31.19 Received PCCD from client.

10.31.19 Exception satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  17 years on job and 20 in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $22,483.41 or 10.72 months of P&I.Required P&I Reserves are $2,096.17 x 6 months = $12,577.02 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI 42.3%; maximum DTI allowed per guideline is 49%.

Complete

430709413

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

N/A

B

N/A

B

CMPTRID5049

TRID - CD: Inconsistency between the amounts disclosed for the Prepaid Interest on the CD

No

Inconsistency between the amounts disclosed for the Prepaid Interest on the CD

10.31.19 Received initial CD, final CD previously in file satisfies.

10.31.19 Exception satisfied

Numeric

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  17 years on job and 20 in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $22,483.41 or 10.72 months of P&I.Required P&I Reserves are $2,096.17 x 6 months = $12,577.02 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI 42.3%; maximum DTI allowed per guideline is 49%.

Complete

430709413

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.14.19 Updated value received, appraised value supported.

11.14.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS2854: Significant time in profession - Clayton Comments:  17 years on job and 20 in profession CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrowers Post Close Assets are $22,483.41 or 10.72 months of P&I.Required P&I Reserves are $2,096.17 x 6 months = $12,577.02 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower DTI 42.3%; maximum DTI allowed per guideline is 49%.

Complete

430678987

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID3706

TRID - Curable Issue #1 related to the Closing Disclosure in file

No

The Seller-paid fees listed on the Final CD do not match the fees listed on the Sellers CD.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 11 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has 87.54 months of P&I reserves

Complete

430678987

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

A

A

A

A

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Non-Numeric Error - CD xx/x/x/xxxx - Other Costs, Section H. Other: Real Estate Broker Commission fees for Borrower & Seller are missing from the Seller-Paid column on the final CD.

(No Data)

Exception can be satisfied, as the fees appear on the Seller CD.

Numeric

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 11 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has 87.54 months of P&I reserves

Complete

430678987

XXXXXX

TX

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Credit

Credit/Mtg History

Satisfied

D

A

D

A

CRDCRMH2544

Missing credit report used in the AUS analysis

No

Missing Credit Report for Borrower, XXX

11.4.19 Received XXX Credit report, no additional debt added

11.4.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower XXX for the past 11 years CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Borrower has 87.54 months of P&I reserves

Complete

430678988

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

D

A

D

A

D

A

D

A

D

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Missing the Seller's CD.

10.29.19 Received seller cd from client

10.29.19 Exception satisfied.

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  67.74% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  729 credit score exceeds minimum required of 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 8 years

Complete

430678988

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

D

A

D

A

D

A

D

A

D

A

Credit

Application

Satisfied

D

A

D

A

CRDAPP130

Application is incomplete

No

Missing final signed application

10.25.19 Received Signed Final Application

10.25.19 - Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  67.74% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  729 credit score exceeds minimum required of 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 8 years

Complete

430678988

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

D

A

D

A

D

A

D

A

D

A

Credit

Income/Employment

Satisfied

C

A

C

A

CRDINC2488

Verbal verification of employment missing

No

Verbal verification of employment missing

10.25.19 Received completed Verbal VOE

10.25.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  67.74% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  729 credit score exceeds minimum required of 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 8 years

Complete

430678988

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

D

A

D

A

D

A

D

A

D

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Total insurance coverage does not meet minimum XXX requirements (lesser of loan amount or Insurer's replacement cost). Insurer's cost estimate not provided.

10.25.19 Received RCE $264,000.00, supports Policy in file

10.25.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  67.74% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  729 credit score exceeds minimum required of 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 8 years

Complete

430678988

XXXXXX

CA

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

A

D

A

D

A

D

A

D

A

D

A

D

A

D

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.14.19 Updated value received, appraised value supported.

11.14.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  67.74% LTV is below maximum of 80%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  729 credit score exceeds minimum required of 660 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job 8 years

Complete

430765471

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

D

B

D

B

C

A

D

A

D

B

Compliance

Compliance Manual

Satisfied

D

A

D

A

CMPMAN2950

Missing Rate Lock

No

Missing Rate Lock.

11.21.19 received lock confirmation

11.21.19 exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 751 exceeds the minimum  fico of 700

Complete

430765471

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

D

B

D

B

C

A

D

A

D

B

Compliance

RESPA

Satisfied

B

A

B

A

CMPRESPA2698

RESPA - List of homeowners counseling organizations not in file

No

List of homeowners counseling organizations not in file.

11.21.19 received hcd from client.

11.21.19 exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 751 exceeds the minimum  fico of 700

Complete

430765471

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

D

B

D

B

C

A

D

A

D

B

Compliance

State Consumer Protection

Satisfied

B

A

B

A

CMPSTCP2129

MD Counseling Notice not in file

No

MD Counseling Notice not in file.

11.21.19 received from client.

11.21.19 exception satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 751 exceeds the minimum  fico of 700

Complete

430765471

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

D

B

D

B

C

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID5215

TRID - Seller-paid Fee that should be disclosed in Section H is not disclosed.

No

Non-material numeric error per final CD issued xx/xx/xxxx, Other Costs, Missing Fee in Section H for Real Estate Commission (seller's).

11.21.19 received seller cd from client

11.21.19 exception satisfied

Numeric

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 751 exceeds the minimum  fico of 700

Complete

430765471

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

D

B

D

B

C

A

D

A

D

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

D

A

D

A

CMPTRID5107

TRID - Seller CD not in file; need in order to complete fee entry

No

Seller CD is required on Purchase to validate any potential fees paid by seller are not borrower related.

11.21.19 received seller cd from client

11.21.19 exception satisfied

Not Applicable

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 751 exceeds the minimum  fico of 700

Complete

430765471

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

D

B

D

B

C

A

D

A

D

B

Credit

Terms/Guidelines

Satisfied

C

A

C

A

CRDTER3122

Loan documents do not meet guideline requirements

No

Missing loan detail report

11.20.19 Received Loan Detail Report

11.20.19 Exception Satisfied

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 751 exceeds the minimum  fico of 700

Complete

430765471

XXXXXX

MD

Non-QM: Lender documented all ATR UW factors

Non-QM: Lender documented all ATR UW factors

D

B

C

A

D

A

D

B

D

B

C

A

D

A

D

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

11.21.19 Updated value received, appraised value supported.

11.21.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1737: LTV below guideline requirements - Clayton Comments:  ltv of 70% is below the max ltv of 80% CFCFS2854: Significant time in profession - Clayton Comments:  borrower has been in profession for 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  fico of 751 exceeds the minimum  fico of 700

Complete

430367108

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Credit

DTI

Satisfied

D

A

D

A

CRDDTI2540

Missing verification of some or all components of non-subject PITI

No

Missing proof of Hazard for borrower's primary residence @ XXX

7.10.19 lender provided verification of T&I for primary

7.10.19 exception satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with Current employer for the past 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 711 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.77 / 35.68% maximum allowed is 49%

Client Complete

430367108

XXXXXX

CA

(No Data)

ATR/QM: Exempt

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing updated valuation

07.23.19 Updated value received, appraised value supported.

07.23.19 Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower with Current employer for the past 5 years CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's representative score is 711 CFCFS1744: DTI below guideline requirement - Clayton Comments:  Borrower's DTI is 15.77 / 35.68% maximum allowed is 49%

Client Complete

Client Name:
Client Project Name:	CSMC 2020-AFC1
Start - End Dates:	11/23/2018 - 12/13/2019
Deal Loan Count:	786
Conditions Report 2.0
Loans in Report:	786
Loans with Conditions:	704

Loan Number

TRID Indicator

Lender Application Date

Broker Application Date

Initial Securitization Overall Loan Grade

Final Securitization Overall Loan Grade

Initial Securitization Credit Loan Grade

Final Securitization Credit Loan Grade

Initial Securitization Property Valuations Loan Grade

Final Securitization Property Valuations Loan Grade

Initial Securitization Compliance Loan Grade

Final Securitization Compliance Loan Grade

Initial S&P Overall Loan Grade

Final S&P Overall Loan Grade

Initial S&P Credit Loan Grade

Final S&P Credit Loan Grade

Initial S&P Property Valuations Loan Grade

Final S&P Property Valuations Loan Grade

Initial S&P Compliance Loan Grade

Final S&P Compliance Loan Grade

Did Lender Acknowledge Exception at Origination

430765358

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430497124

No

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430366974

Yes

XXXXXX

XXXXXX

D

A

B

A

D

A

A

A

D

A

B

A

D

A

A

A

Not Applicable

430448929

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430448930

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497125

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531406

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430531407

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531408

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430531409

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430678884

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430448932

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Not Applicable

430668566

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531410

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Not Applicable

430448933

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Not Applicable

430668568

Yes

XXXXXX

XXXXXX

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Not Applicable

430531412

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

419802638

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

No

430448936

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430448937

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430448938

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430448939

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430678886

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430448940

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497126

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430448941

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531414

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430765361

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430668576

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430709252

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430765364

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765365

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Not Applicable

430678888

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Not Applicable

430678889

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Not Applicable

430448942

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430448943

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430448944

Yes

XXXXXX

XXXXXX

B

B

B

A

A

A

B

B

B

B

B

A

A

A

B

B

Not Applicable

430497128

Yes

XXXXXX

XXXXXX

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

Not Applicable

430765366

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765367

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430531415

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Not Applicable

430448945

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

No

430448946

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430448947

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430448949

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Not Applicable

430668577

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765368

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430765370

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765371

Yes

XXXXXX

XXXXXX

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

Not Applicable

419908927

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

419908942

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Not Applicable

419908959

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

419908965

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Not Applicable

419908978

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

419908981

Yes

XXXXXX

XXXXXX

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

Not Applicable

430040315

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430002791

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Not Applicable

430018495

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430497129

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Not Applicable

430018499

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430089074

No

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430089075

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Not Applicable

430089083

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430089088

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430089100

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430123921

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430234980

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

No

430123925

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

B

A

D

A

A

A

D

A

B

A

Not Applicable

430123934

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430089117

Yes

XXXXXX

XXXXXX

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

No

430123948

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430448950

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Not Applicable

430123956

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430204759

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

No

430204761

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430204775

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430204780

Yes

XXXXXX

XXXXXX

D

B

D

B

A

A

B

B

D

B

D

B

A

A

B

B

Not Applicable

430234988

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430234989

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430234994

Yes

XXXXXX

XXXXXX

D

B

D

B

D

A

A

A

D

B

D

B

D

A

A

A

Not Applicable

430204796

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430204797

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430204798

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Not Applicable

430366977

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Not Applicable

430204801

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430248139

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430366978

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430366979

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Not Applicable

430366980

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430366981

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430248147

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430366982

Yes

XXXXXX

XXXXXX

D

B

A

A

D

B

A

A

D

B

A

A

D

B

A

A

Not Applicable

430366985

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430248150

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

No

430366986

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430366987

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Not Applicable

430497130

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

No

430678890

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430366989

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Not Applicable

430366992

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430366993

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430366994

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430497131

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430366995

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430366996

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430366997

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430366998

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430366999

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430448952

Yes

XXXXXX

XXXXXX

D

A

B

A

D

A

D

A

D

A

B

A

D

A

D

A

Not Applicable

430367000

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367001

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430367002

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Not Applicable

430367003

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430497132

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Not Applicable

430367005

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430367006

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430235017

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367007

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430367008

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Yes

430367009

Yes

XXXXXX

XXXXXX

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

Not Applicable

430367010

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Not Applicable

430367011

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430367012

Yes

XXXXXX

XXXXXX

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Not Applicable

430367013

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430367014

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430668578

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Not Applicable

430367015

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367016

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430367018

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430448954

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367019

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430497133

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430367020

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430367021

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430367023

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430367025

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430367026

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430367027

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367028

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430367029

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367030

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430367031

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430367032

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430367034

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Not Applicable

430367035

Yes

XXXXXX

XXXXXX

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

Not Applicable

430448955

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430367037

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430367038

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367039

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430367040

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430448956

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430367041

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430367042

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Not Applicable

430448957

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430367043

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367044

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430448958

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430367045

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Not Applicable

430367046

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367047

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Not Applicable

430367048

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Not Applicable

430367049

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Not Applicable

430367050

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430367051

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Not Applicable

430367052

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430367053

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367055

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Not Applicable

430367056

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430448959

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430367058

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Not Applicable

430367059

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367060

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709256

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

No

430367061

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430367062

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

No

430367063

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430367066

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Not Applicable

430367067

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367068

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367069

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367070

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430367071

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430367072

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531421

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Not Applicable

430367073

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430367074

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430367075

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Yes

430448961

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430367077

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430367078

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430367080

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430367081

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367082

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Not Applicable

430531422

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430367084

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430497135

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430448965

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

No

430448966

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

No

430367085

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

No

430448967

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430448969

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497136

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Not Applicable

430367087

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430448970

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Not Applicable

430448972

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430497137

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430448973

Yes

XXXXXX

XXXXXX

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

Not Applicable

430448975

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430448976

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Not Applicable

430497138

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430448977

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430448978

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430448979

Yes

XXXXXX

XXXXXX

D

B

C

A

A

A

D

B

D

B

C

A

A

A

D

B

No

430448984

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497139

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430448985

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430531423

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430531424

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430448986

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430448987

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430448988

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

No

430497140

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430448989

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430497141

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Not Applicable

430448990

Yes

XXXXXX

XXXXXX

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

Not Applicable

430448991

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531426

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

No

430531427

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430448992

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

No

430497143

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430678892

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Not Applicable

430448993

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430448994

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430448995

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497144

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430448997

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430448998

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430531428

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430449000

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430449001

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Not Applicable

430497146

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430449004

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430497147

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430449006

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430449008

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430449009

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430449010

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497148

Yes

XXXXXX

XXXXXX

D

A

B

A

D

A

A

A

D

A

B

A

D

A

A

A

No

430531431

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531432

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430449012

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

No

430497149

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430449013

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Not Applicable

430449014

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Not Applicable

430497150

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430449015

Yes

XXXXXX

XXXXXX

C

B

A

A

C

A

B

B

C

B

A

A

C

A

B

B

No

430449016

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430497151

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430449018

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531433

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430449019

Yes

XXXXXX

XXXXXX

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

Not Applicable

430449021

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430449022

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430449023

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497153

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Not Applicable

430497154

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430678893

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

No

430449025

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497156

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430497157

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497158

Yes

XXXXXX

XXXXXX

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

Not Applicable

430765373

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

No

430449026

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709258

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531436

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

No

430709259

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430449028

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430531437

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430497159

Yes

XXXXXX

XXXXXX

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

Not Applicable

430449030

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Not Applicable

430449032

Yes

XXXXXX

XXXXXX

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Not Applicable

430449033

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430449035

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430449036

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430449037

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430449038

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430497161

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497162

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430449039

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430449040

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430531440

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531441

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531442

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430709260

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430497164

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430531444

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430668581

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497166

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430449042

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430449043

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430497167

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430449044

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430449046

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430449047

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Not Applicable

430497168

Yes

XXXXXX

XXXXXX

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

No

430531445

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430678894

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430449048

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430449049

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430449050

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

No

430497169

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430449052

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430449053

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430449054

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430531446

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430449056

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430709262

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

No

430531450

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

No

430449057

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430449058

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430449059

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430449060

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

No

430531451

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430449061

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430449062

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Yes

430449063

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430497173

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430449064

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430497174

Yes

XXXXXX

XXXXXX

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

No

430497175

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430497176

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430449065

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430668586

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497177

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430497178

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497179

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430449066

Yes

XXXXXX

XXXXXX

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Not Applicable

430449067

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430497180

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497181

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Not Applicable

430497182

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430497183

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430531453

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497184

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430531454

Yes

XXXXXX

XXXXXX

B

B

A

A

B

B

A

A

B

B

A

A

B

B

A

A

Not Applicable

430449069

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430449070

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430497185

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430449071

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

No

430497186

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430449072

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430449073

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497187

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430449074

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430449075

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430531455

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Not Applicable

430497188

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

C

A

D

A

A

A

D

A

C

A

Not Applicable

430765374

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430449076

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430497189

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430531456

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430449077

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430497190

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430449079

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430497191

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Not Applicable

430668588

Yes

XXXXXX

XXXXXX

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

No

430497193

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430497194

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430449080

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497195

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430497196

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Not Applicable

430449082

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430531457

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Not Applicable

430497198

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765375

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430531458

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430449083

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430497199

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Not Applicable

430497200

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497201

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430497202

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531460

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497203

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430531461

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430531462

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497204

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430531463

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497205

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497206

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430531465

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497208

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

No

430531466

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497209

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430449085

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430678895

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430668591

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430531469

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531470

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430531471

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531473

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430531474

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430531475

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430668593

Yes

XXXXXX

XXXXXX

B

B

A

A

B

A

B

B

B

B

A

A

B

A

B

B

Not Applicable

430497211

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430531477

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430497212

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Not Applicable

430531478

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497213

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531479

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531480

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430531481

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430531482

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430497214

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430497215

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

No

430531483

Yes

XXXXXX

XXXXXX

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

Not Applicable

430531485

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497216

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430531486

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531487

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430497217

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430668595

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531488

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430668596

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430531490

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430709264

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531492

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Not Applicable

430531494

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430497218

Yes

XXXXXX

XXXXXX

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

No

430497219

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430531496

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430531497

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531498

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430531499

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430497220

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531500

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497221

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497222

Yes

XXXXXX

XXXXXX

D

B

B

B

D

A

B

B

D

B

B

B

D

A

B

B

No

430497224

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430497225

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430531502

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531503

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430497226

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430497227

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430531504

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Not Applicable

430678897

No

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430709266

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430531505

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430531506

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430497228

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531507

Yes

XXXXXX

XXXXXX

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

Not Applicable

430531508

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531509

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430531510

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430531511

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430531512

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

No

430678898

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531515

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430531516

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430678899

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430531517

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531518

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531520

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430497229

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430531521

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430668603

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430531522

Yes

XXXXXX

XXXXXX

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Not Applicable

430531523

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Not Applicable

430531524

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430531525

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Not Applicable

430531526

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430531527

Yes

XXXXXX

XXXXXX

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

Not Applicable

430531528

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430531529

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430765378

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430765379

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531530

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430668605

Yes

XXXXXX

XXXXXX

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Not Applicable

430531531

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430668607

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430531532

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

No

430531533

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430531535

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430531536

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

Not Applicable

430531537

Yes

XXXXXX

XXXXXX

D

A

C

A

A

A

D

A

D

A

C

A

A

A

D

A

Not Applicable

430531538

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Not Applicable

430531539

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Not Applicable

430531540

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430531541

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531542

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Not Applicable

430531543

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430668612

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531544

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430668616

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709271

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

No

430709272

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

No

430531545

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Not Applicable

430497231

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430531546

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531547

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Not Applicable

430668621

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430668622

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430531548

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Not Applicable

430531549

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430678903

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430678904

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430668624

Yes

XXXXXX

XXXXXX

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

No

430531550

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430531551

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430668631

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430678905

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430709276

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430668633

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430709277

Yes

XXXXXX

XXXXXX

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Not Applicable

430668634

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430668635

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430668637

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430709278

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430668640

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430678906

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430678907

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430668641

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430668642

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

No

430668643

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430668644

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430668645

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430678908

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Yes

430668646

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

Not Applicable

430678909

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Not Applicable

430668648

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430709281

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430668650

Yes

XXXXXX

XXXXXX

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

No

430678912

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430678913

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430678914

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430709284

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430678916

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

No

430668657

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430678917

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Not Applicable

430765383

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430678918

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430709287

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Not Applicable

430709288

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

No

430668660

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430668661

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430709289

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430678921

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

No

430678922

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430678923

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430709290

Yes

XXXXXX

XXXXXX

D

B

B

A

A

A

D

B

D

B

B

A

A

A

D

B

No

430709292

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430765384

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430668663

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709293

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430668665

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709294

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430668667

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430678924

Yes

XXXXXX

XXXXXX

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

No

430678925

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430678927

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

No

430678928

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430678929

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Not Applicable

430709296

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430709297

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430709298

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430709299

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430668669

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430709300

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430678930

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430678931

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430678932

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430678933

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430678934

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709302

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430678936

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430709304

Yes

XXXXXX

XXXXXX

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

Not Applicable

430678937

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

No

430678938

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430709306

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Not Applicable

430678939

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709307

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430765385

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430678940

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430709308

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430678941

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Not Applicable

430668672

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

No

430709310

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430709311

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430709312

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430709313

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430678943

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430668674

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430678945

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Yes

430709316

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430678946

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430668676

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Not Applicable

430678947

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430709318

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430709319

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Not Applicable

430765387

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430678949

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430709320

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430678951

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Not Applicable

430709322

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709323

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Not Applicable

430709324

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430678952

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430678954

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430765390

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430709325

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430709326

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Not Applicable

430709329

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Not Applicable

430765391

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430709330

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

No

430678955

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430709331

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430678956

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

No

430678957

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430678958

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430668679

Yes

XXXXXX

XXXXXX

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

No

430678959

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430709332

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430709333

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

No

430709334

Yes

XXXXXX

XXXXXX

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Not Applicable

430709335

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430678963

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430668680

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430678964

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

Not Applicable

430678965

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430709340

Yes

XXXXXX

XXXXXX

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Not Applicable

430765397

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430709341

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430678970

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

No

430709342

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

No

430668683

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709343

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430678972

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430678973

Yes

XXXXXX

XXXXXX

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

No

430709346

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709347

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430678974

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430678975

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Not Applicable

430709350

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430678977

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430765400

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430709354

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

No

430709355

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430765401

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430709356

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430709357

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

No

430709358

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430709360

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430709361

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430709362

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

D

B

D

B

D

A

D

A

D

B

Not Applicable

430709365

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709366

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430709367

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

No

430709368

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430765404

Yes

XXXXXX

XXXXXX

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Not Applicable

430765405

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430709372

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

Not Applicable

430709374

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430709375

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

No

430709377

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430709380

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430709382

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

No

430709383

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430709384

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430765408

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430678982

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430765409

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765410

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

D

A

D

A

C

A

D

A

D

A

No

430709388

Yes

XXXXXX

XXXXXX

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

No

430709390

Yes

XXXXXX

XXXXXX

C

B

B

B

A

A

C

B

C

B

B

B

A

A

C

B

Not Applicable

430709391

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430709393

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Not Applicable

430709395

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430709396

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430709400

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765414

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430709401

Yes

XXXXXX

XXXXXX

B

B

B

A

A

A

B

B

B

B

B

A

A

A

B

B

Yes

430765415

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

No

430765416

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765417

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

C

B

D

B

C

A

D

A

C

B

No

430765418

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430709403

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430709404

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709405

Yes

XXXXXX

XXXXXX

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

Not Applicable

430709406

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

No

430765421

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430709407

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765424

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430765425

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430765426

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430709411

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430765427

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

D

B

D

B

A

A

D

A

D

B

No

430765428

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430765430

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

No

430765432

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430765433

Yes

XXXXXX

XXXXXX

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Not Applicable

430765436

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

No

430765438

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430765441

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430765444

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

No

430765445

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765446

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430765448

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430765449

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430765451

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Not Applicable

430765454

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430765455

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765456

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430765457

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765458

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430765461

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430765463

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430765465

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430765466

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

A

A

D

A

C

A

D

A

A

A

No

430765467

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Not Applicable

430765468

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430765469

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

No

430040351

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430002844

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Not Applicable

430123959

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430123961

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Not Applicable

430248155

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430204816

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430497232

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

No

430367089

Yes

XXXXXX

XXXXXX

D

B

D

B

A

A

C

B

D

B

D

B

A

A

C

B

Not Applicable

430248158

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430367090

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

Not Applicable

419802869

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

(No Data)

419909032

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430040402

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430040406

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430002883

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430002886

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430002887

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

D

A

D

A

D

A

D

A

D

A

Not Applicable

430449088

Yes

XXXXXX

XXXXXX

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Not Applicable

430089160

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430089171

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430204835

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430204836

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

B

B

D

B

C

A

D

A

B

B

Not Applicable

430123988

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430204848

Yes

XXXXXX

XXXXXX

D

B

C

B

D

A

C

B

D

B

C

B

D

A

C

B

Not Applicable

430449089

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430123999

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

Not Applicable

430235040

Yes

XXXXXX

XXXXXX

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

No

430367091

Yes

XXXXXX

XXXXXX

D

B

B

B

D

A

A

A

D

B

B

B

D

A

A

A

Not Applicable

430367093

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

No

430235047

Yes

XXXXXX

XXXXXX

C

B

C

A

A

A

B

B

C

B

C

A

A

A

B

B

No

430367094

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430531553

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430531554

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430497233

Yes

XXXXXX

XXXXXX

D

A

B

A

D

A

A

A

D

A

B

A

D

A

A

A

Not Applicable

430235054

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367096

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

No

430367097

Yes

XXXXXX

XXXXXX

D

B

B

A

D

A

B

B

D

B

B

A

D

A

B

B

Not Applicable

430367098

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430531555

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

B

B

D

B

D

A

D

A

B

B

No

430367099

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Not Applicable

430367100

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430367101

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

D

A

D

A

A

A

D

A

D

A

Not Applicable

430367102

Yes

XXXXXX

XXXXXX

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Not Applicable

430449091

Yes

XXXXXX

XXXXXX

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

Not Applicable

430449092

Yes

XXXXXX

XXXXXX

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

No

430235061

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

No

430367104

Yes

XXXXXX

XXXXXX

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Not Applicable

430449093

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

C

A

D

A

C

A

D

A

C

A

No

430367105

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Not Applicable

430449094

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable

430449095

Yes

XXXXXX

XXXXXX

D

A

C

A

D

A

B

A

D

A

C

A

D

A

B

A

No

430449096

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

No

430678983

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Not Applicable

430367106

Yes

XXXXXX

XXXXXX

D

B

D

A

D

A

C

B

D

B

D

A

D

A

C

B

Not Applicable

430367107

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

C

B

D

B

D

A

A

A

C

B

Not Applicable

430709412

Yes

XXXXXX

XXXXXX

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Not Applicable

430449097

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Not Applicable

430497234

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

D

B

D

B

D

A

A

A

D

B

Not Applicable

430531556

Yes

XXXXXX

XXXXXX

B

B

B

B

A

A

B

B

B

B

B

B

A

A

B

B

Not Applicable

430449098

Yes

XXXXXX

XXXXXX

D

B

D

A

A

A

B

B

D

B

D

A

A

A

B

B

Not Applicable

430678986

Yes

XXXXXX

XXXXXX

D

B

A

A

A

A

D

B

D

B

A

A

A

A

D

B

Not Applicable

430709413

Yes

XXXXXX

XXXXXX

D

B

A

A

D

A

C

B

D

B

A

A

D

A

C

B

Not Applicable

430678987

Yes

XXXXXX

XXXXXX

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

Not Applicable

430678988

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

D

A

D

A

D

A

D

A

D

A

Not Applicable

430765471

Yes

XXXXXX

XXXXXX

D

B

C

A

D

A

D

B

D

B

C

A

D

A

D

B

Not Applicable

430367108

Yes

XXXXXX

XXXXXX

D

A

D

A

D

A

A

A

D

A

D

A

D

A

A

A

Not Applicable