EX-99.47 48 ex99-47.htm RECOVCO LOAN LEVEL EXCEPTIONS
 

CREDIT SUISSE FIRST BOSTON MORTGAGE SECURITIES CORP. ABS-15G

 

Exhibit 99.47

 

                       
Loan Level Exceptions                      
Run Date - XX/XX/XXXX                      
Recovco ID Loan #1 Project Name Initial Overall Grade Final Overall Grade Initial Credit Initial Value Initial Compliance Final Credit Final Value Final Compliance Grade 3 Exceptions (Conditions / Curable) Grade 2 Exceptions (Warnings) Resolved Exceptions Waived Exceptions
0B1VXAB5LFL XXXXXXXX LoanStream Non-QM Sec March 2021 FLOW 3 1 1 1 3 1 1 1     *** (CURED) ComplianceEase TRID Tolerance Test Failed - EV R
COMMENT:   This loan failed the charges that cannot increase test. (12 CFR §1026.19(e)(3)(i)) The increase to the appraisal fee on LE XX/XX/XXXX was not accepted because a valid change of circumstance was not provided. The COC in the file does not provide a reason for the change. A cost to cure in the amount of $100 is required. The defect can be cured by reimbursing the consumer or providing a valid reason for the change.  If curing the violation with a refund, the following documents are required: LOE to consumer(s), corrected PCCD, copy of the refund, and proof of delivery (mailing label).

*** (CURED) Missing evidence of TRID Disclosure Delivery - EV R
COMMENT:   There is no date evident on the Adjustable Rate Mortgage Loan Program Disclosure; auditor is unable to determine if it was provided within 3-business days of the application, XX/XX/XXXX. The defect can be resolved by providing evidence that shows the disclosure was provided timely.
 
FRKQB1SVN0I XXXXXXXX LoanStream Non-QM Sec March 2021 FLOW 1 1 1 1 1 1 1 1        
UJYGOG24TIW XXXXXXXX LoanStream Non-QM Sec March 2021 FLOW 3 2 3 1 3 1 1 2   *** (OPEN) Missing TRID RESPA Disclosures - EV 2
COMMENT:   The Title Fees were included in Section B of the CD issued on XX/XX/XXXX.  However, the fees should have been entered under Section C.
*** (CURED) Missing Doc - EV R
COMMENT:   The loan file does not contain an accurate Final 1003 reflecting self employment dates that match with the income documentation in the file.  The 1003 reflects SE since 2020; however the tax returns in file show 2018 and 2019 Sch C returns for XXX.  The income appears to be all self employed with no W2's or paystubs from other business listed.

*** (CURED) Missing evidence of TRID Disclosure Delivery - EV R
COMMENT:   This loan failed the TRID closing disclosure date and funding date validation test. According to the CD issued on XX/XX/XXXX, the loan disbursed on XX/XX/XXXX. However, consummation did not take place until XX/XX/XXXX. Per regulation, funding cannot take place prior to consummation.
 
FJT3D1M3LKA XXXXXXXX LS DSCR March 2021 FLOW 1 1 1 1 1 1 1 1        
5NIWYYRXHO4 XXXXXXXX LS DSCR March 2021 FLOW 1 1 1 1 1 1 1 1