EX-99.35 36 ex99-35.htm EVOLVE EXCEPTION DETAIL

 

CSMC 2021-NQM8 Trust ABS-15G

Exhibit 99.35

 

 

Exception Detail

Run Date - 11/30/2021 9:52:47 AM

Evolve Loan ID Customer Loan ID Seller Loan ID Loan Exception ID Exception ID Exception Date Exception Type Exception Category Exception Subcategory Exception Exception Detail Exception Information Exception Remediation Compensating Factors Follow-up Comments Cleared Date Cured Date Waived Date Exception Level Grade Exception Level Rating Note Date Property State Occupancy Purpose Overall Initial Loan Grade Overall Final Loan Grade Credit Initial Loan Grade Credit Final Loan Grade Compliance Initial Loan Grade Compliance Final Loan Grade Property Initial Loan Grade Property Final Loan Grade Originator QM ATR Status TPR QM ATR Status Is Curable
1288543 XXXXXXXXX XXXXXXXXXX 6401993 1054 XXXXXXXXXX Compliance Missing Images   Missing Images - Loan Review is not Final. On Hold for Incorrect or Missing Images   Images will not open. Please re-upload closing and credit packages.       xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 A   A   A   A   N/A N/A A   A     Exempt 1
1288543 XXXXXXXXX XXXXXXXXXX 6401994 875 XXXXXXXXXX Compliance Disclosure   Disclosure - Other:   loan is a Business Purpose Product. file must contain a borrower signed Business Purpose Affidavit. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 A   A   A   A   N/A N/A A   A     Exempt 1
1288550 XXXXXXXXX XXXXXXXXXX 6402001 397 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Inquiries not properly addressed   File missing LOX for credit Inquiries. Not Required    Client xxxxxxxxxx 05:41 PM; This loan is under AIA program. DTI or liablities are not considered to qualify the borrower. Credit inquiry does not need to be verified.

 Reviewer xxxxxxxxxx 10:28 AM; cleared XXXX

 xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 B   A   B   A   N/A N/A A   A     Exempt 1
1288568 XXXXXXXXX XXXXXXXXXX 6402017 433 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Short funds to close   Guidelines require verified assets. Borrower is short cash to close. Verified $xxxxxxxxx. Updated closing disclosure provided, borrower now getting c/o.  Condition has been cleared.     Client XXXXXXXXXX 06:05 PM; $XXXXXXXX from XXXXX + $XXXXXXXX from XXXXXXXXXXX + $XXXXXXXXXX from XXXX = Verified assets of $XXXXXXXXXXXXx0D;


 Reviewer XXXXXXXXXX 08:07 AM; cleared XXXX

 xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1288568 XXXXXXXXX XXXXXXXXXX 6402018 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   Guidelines require 3 months of PITIA reserves. Borrower is short reserve requirement. Updated closing disclosure provided, borrower now getting c/o.  Condition has been cleared.     Client XXXXXXXXXX 06:06 PM; According to the PCCD, Verified assets $XXXXXXXXXX - Closing costs $XXXXXXXXXX + Cash back received XXXXXX = Funds available after the transaction $XXXXXXXXX which is enough to cover the 3 months reseves required of $XXXXXXXX

 Reviewer XXXXXXXXXXX08:08 AM; cleared XXXX


 xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1288582 XXXXXXXXX XXXXXXXXXX 6402024 758 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - PITIA for other REO incorrect/not included in debt ratio   There is another property (XXXX XXXX XXXXX, XXXXXXXX, XX).  A copy of the Note in file shows another person on the Note.  However, a copy of the REO within the fraud report, as well as the Property Detail Report for this property shows the borrower is listed as an owner.  There is insufficient evidence in the file to show if the mortgage note is escrowed so taxes/insurance are included in the mortgage payment, or if they are unescrowed so the borrower maybe be held liable for payment.     Client XXXXXXXXXX 05:18 PM; XXXXX - The borrower is not liabile for the XXXX XXXX XXXXX property. Property profile and fraud report is not reliable than the actual note. They are just for the use of reference. UW performed DD because she saw what's on the fraud report and the property profile. Then the actual note was received and confirmed that the borrower is not obligated. No more evidence is required to prove when there is an actual note. Also, even under conventional loans, when the borrowe

 Reviewer XXXXXXXXXXXXX:14 PM; Deficiency has been cleared.

 xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1288582 XXXXXXXXX XXXXXXXXXX 6402025 387 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Taxes and Insurance documentation   Closing documentation in file shows HOA dues of $XXXXX.  There is no supporting documents to validate this amount.  The appraisal states $XXXX for HOA, and nothing else can be found to verify the $XXXXX.     Client XXXXXXXXXX 05:17 PM; where the $XXXXX is showing on what page of the PCCD or closing document

 Client XXXXXXXXXX 05:19 PM; XXXXX - $XX entered as an association due is incorrect. There is no HOA for the subject property. Please see the updated 1003/1008.

 Reviewer XXXXXXXXXX 02:13 PM; Deficiency has been cleared.

 Reviewer XXXXXXXXXXXXXXX4 PM; Deficiency has been cleared.

 xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1288587 XXXXXXXXX XXXXXXXXXX 6402028 72 XXXXXXXXXX Compliance Closing Package   Closing Package -    Occupancy is Investment AND loan is a Business Purpose Product then file must contain a borrower signed Business Purpose Affidavit Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 A   A   A   A   N/A N/A A   A     Exempt 1
1288589 XXXXXXXXX XXXXXXXXXX 6402029 397 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Inquiries not properly addressed   File Missing LOX for Credit inquiries XXXXXXX-XXXXXXXXXXXXXXX, XXXXXXXXX, and XXXXXXX XXXXXXXXXXXX XXXX XXX Not required    Client XXXXXXXXXX 02:21 PM;  AIA program guideline does not require this

 Reviewer XXXXXXXXXX 10:26 AM; cleared XXXX

 xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 B   A   B   A   N/A N/A A   A     Exempt 1
1288589 XXXXXXXXX XXXXXXXXXX 6402030 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   Guidelines requires 3 months of PITIA reserves. No assets verified. Verified    Client XXXXXXXXXX 02:21 PM;  Please see VOD for XXXXXXXXXXX accounts #XXXX & #XXXX (pageXXX of loan package)

 Reviewer XXXXXXXXXX 10:27 AM; cleared XXXX

 xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 B   A   B   A   N/A N/A A   A     Exempt 1
1288591 XXXXXXXXX XXXXXXXXXX 6402031 1108 XXXXXXXXXX Valuation UW Collateral TPR   UW Collateral TPR - UW - Second collateral evaluation is required.   Guidelines require Colleratal Desk review and full appraisal. Received full appraisal only. received     xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 A   A   A   A   N/A N/A A   A     Exempt 1
1288595 XXXXXXXXX XXXXXXXXXX 6402032 431 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Verification of assets (statements/VOD) incomplete/missing   XXXXXXXXXXX acct Xxxxx transaction history does not have the URL nor is it stamped by the bank to show validity. It is also cut off.     Client xxxxxxxxxx 05:15 PM; There is a complete VOD for the xxxxxxxxxxx account #xxxxxxxxxx The one cut off is for the EMD verification.

 Reviewer xxxxxxxxxx 01:53 PM; Deficiency has been cleared.

 xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 D   A   D   A   N/A N/A A   A     Exempt 1
1288597 XXXXXXXXX XXXXXXXXXX 6402035 397 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Inquiries not properly addressed   File missing the LOX for the 4 inquiries on the credit report. Not required    Client xxxxxxxxxxxx5:22 PM; For the program, LOX for credit inquires doesn’t require. Guideline doesn’t say about Credit inquiries are required.

 Reviewer xxxxxxxxxx 10:26 AM; cleared 8/30

 xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 3 B   A   B   A   N/A N/A A   A     Exempt 1
1288603 XXXXXXXXX XXXXXXXXXX 6402039 270 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Satisfactory 2nd Appraisal Report   File missing 2nd full appraisal due to loan amount > 1.5 mil. received     xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 C   A   B   A   N/A N/A C   A     Exempt 1
1288603 XXXXXXXXX XXXXXXXXXX 6402040 397 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Inquiries not properly addressed   File missing LOX for credit inquiries. Not required    Client xxxxxxxxxx 05:21 PM; For the program, LOX for credit inquires doesn’t require. Guideline doesn’t say about Credit inquiries are required.

 Reviewer xxxxxxxxxx 10:25 AM; cleared xxxx

 xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 C   A   B   A   N/A N/A C   A     Exempt 1
1288605 XXXXXXXXX XXXXXXXXXX 6402041 875 XXXXXXXXXX Compliance Disclosure   Disclosure - Other:   Occupancy is an investment andt the loan is a Business Purpose Product, the file must contain a borrower signed Business Purpose Affidavit. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 A   A   A   A   N/A N/A A   A     Exempt 1
1288684 XXXXXXXXX XXXXXXXXXX 6403521 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   Condo Project has no reserve allocation for the 2021 Budget VS program requirement that the HOAs Current annal budget must include an allowance for capital reserves of not less than 5% of the total expenditures included in such budget   Long established condo project with control of HOA turned over to unit owners in xxxx no pending litigation, 87.5% owner occupied units (14/16) no commercial space an no units delinquent 60 or more days on amounts due to the HOA.  Credit score is xxx, xx points > program requirements of xxx DTI is xxxxx%, xxxxxx% < program maximum of 50% Self-employed licensed home improvement contractor 100% owner of xxxxxx xxxxxxxxxx xxx for 4yrs. No public records and no late payments since xxxxxx (rev)   xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX FL I 1 C   B   C   B   N/A N/A A   A     Exempt 1
1288713 XXXXXXXXX XXXXXXXXXXXXXX 6409005 72 XXXXXXXXXX Compliance Closing Package   Closing Package -    Closing Disclosure (or business purpose alternative document such as GFE, HUD-1, or Settlement Statement) missing from file. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX IL I 3 C   A   C   A   N/A N/A A   A     Exempt 1
1288713 XXXXXXXXX XXXXXXXXXXXXXX 6409006 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.     Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX IL I 3 C   A   C   A   N/A N/A A   A     Exempt 1
1288714 XXXXXXXXX XXXXXXXXXXXXXX 6409229 958 XXXXXXXXXX Credit Closing Package   Closing Package - First Payment Letter Other   Missing please provide First payment letter Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX CT I 13 D   A   C   A   N/A N/A D   A     Exempt 1
1288714 XXXXXXXXX XXXXXXXXXXXXXX 6409230 219 XXXXXXXXXX Compliance HUD1   HUD1 - Final HUD-1 is missing   Missing please provide Final Closing Disclosure Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX CT I 13 D   A   C   A   N/A N/A D   A     Exempt 1
1288714 XXXXXXXXX XXXXXXXXXXXXXX 6409231 108 XXXXXXXXXX Compliance Deed of Trust/Mortgage   Deed of Trust/Mortgage - is missing.   MISSING please provide Deed of Trust/Mortgage Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX CT I 13 D   A   C   A   N/A N/A D   A     Exempt 1
1288714 XXXXXXXXX XXXXXXXXXXXXXX 6409232 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   Missing Please provide Flood Cert Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX CT I 13 D   A   C   A   N/A N/A D   A     Exempt 1
1288714 XXXXXXXXX XXXXXXXXXXXXXX 6409233 262 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW -  Appraisal Report Missing   The subject's appraisal was not included with the original file. When the appraisal is provided please notify the UW for review. The appraisal has been reviewed.   Reviewer xxxxxxxxxx 05:07 PM; under review

 xxxxxxxxxxx     A 1 XXXXXXXXXX CT I 13 D   A   C   A   N/A N/A D   A     Exempt 1
1288715 XXXXXXXXX XXXXXXXXXXXXXX 6409330 340 XXXXXXXXXX Credit UW Other   UW Other - UW - Insurance Missing (MI or Project)   Missing 6 months of rental loss insurance totaling $xxxxxx and policy shows $xxxx.  Please forward updated policy or approved exception for deficit. Documentation has been provided!     xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 13 A   A   A   A   N/A N/A A   A     Exempt 1
1288726 XXXXXXXXX XXXXXXXXXXXXXX 6409827 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   Flood certificate not in file Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL P 1 D   A   C   A   C   A   D   A     Non-QM 1
1288726 XXXXXXXXX XXXXXXXXXXXXXX 6409828 262 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW -  Appraisal Report Missing   The subject's appraisal was not included with the original file. When the appraisal is provided please notify the UW for review. The appraisal has been reviewed.   Reviewer xxxxxxxxxx 05:11 PM; Notified u/w appraisal is ready to review.

xxxxxxxxxxx     A 1 XXXXXXXXXX FL P 1 D   A   C   A   C   A   D   A     Non-QM 1
1288726 XXXXXXXXX XXXXXXXXXXXXXX 6409829 330 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit Other   Loan approval is missing. . Documentation has been provided.       xxxxxxxxxxx     A 1 XXXXXXXXXX FL P 1 D   A   C   A   C   A   D   A     Non-QM 1
1288726 XXXXXXXXX XXXXXXXXXXXXXX 6409830 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL P 1 D   A   C   A   C   A   D   A     Non-QM 1
1288726 XXXXXXXXX XXXXXXXXXXXXXX 6409831 920 XXXXXXXXXX Compliance Compliance   Compliance - TRID-Missing Final CD     Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL P 1 D   A   C   A   C   A   D   A     Non-QM 1
1288728 XXXXXXXXX XXXXXXXXXXXXXX 6409855 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   Flood certificate not in file Information Provided   Client xxxxxxxxxx 10:59 AM; Flood cert uploaded to loan file xxxx. Thank you.

 Reviewer xxxxxxxxxx 02:04 PM; Hello, &#x0D;
Condition has been cleared. Thanks!

 Reviewer xxxxxxxxxxx02:31 PM;

xxxxxxxxxxx     A 1 XXXXXXXXXX WI I 13 C   B   C   B   N/A N/A A   A     Exempt 1
1288728 XXXXXXXXX XXXXXXXXXXXXXX 6409856 72 XXXXXXXXXX Compliance Closing Package   Closing Package -    Final CD/HUD1/settlement statement not in file Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX WI I 13 C   B   C   B   N/A N/A A   A     Exempt 1
1288728 XXXXXXXXX XXXXXXXXXXXXXX 6409857 322 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - Minimum FICO   Minimum FICO is xxx borrower's is xxx   The exception for credit score was granted with compensating factors.  Score is just xxxelow the minimum at xxx, borrower has excellent credit including mortgage history for over 2 years; seasoned investor for over 2 years and low LTV of 75%   xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX WI I 13 C   B   C   B   N/A N/A A   A     Exempt 1
1288735 XXXXXXXXX XXXXXXXXXXXXXX 6410061 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   *Reserve Requirements not met. LTV is over 65% so 3 months PITI required in the amount of xxxxxxx. Cash out amount can be used for Reserve Requirements but the amount of Cash Back is only xxxxxxx so there is a shortage in the amount of xxxxxxx. Documentation required to verify and meet the Reserve Requirement. Documentation provided.      xxxxxxxxxxx     A 1 XXXXXXXXXX WA I 13 C   B   C   B   N/A N/A A   A     Exempt 1
1288735 XXXXXXXXX XXXXXXXXXXXXXX 6410062 423 XXXXXXXXXX Credit UW Collateral   UW Collateral - UW - Appraisal Correction/Clarification   *Date of Prior Sale and Transfer on the Appraisal reflects a date in the future xxxxxxxxxx. Should be xxxxxxxxx. Explanation required and additional conditions may apply Documentation has been provided.       xxxxxxxxxxx     A 1 XXXXXXXXXX WA I 13 C   B   C   B   N/A N/A A   A     Exempt 1
1288735 XXXXXXXXX XXXXXXXXXXXXXX 6410063 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   *GUIDELINE EXCEPTION Minimum Credit Score of xxx  DEVIATION REQUEST Credit Score on the DSCR loan is xxx   COMPENSATING FACTORS: Credit has always paid perfect, 5 years residence time, 7 years on job   xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX WA I 13 C   B   C   B   N/A N/A A   A     Exempt 1
1288736 XXXXXXXXX XXXXXXXXXXXXXX 6410076 875 XXXXXXXXXX Compliance Disclosure   Disclosure - Other:   Missing - WA Right to Choose Insurance Provider     Reviewer xxxxxxxxxx 10:43 AM; Outstanding.

 Client xxxxxxxxxxxx1:20 AM; This is a business purpose loan, this is not applicable. Thank you.

 Reviewer xxxxxxxxxx 07:49 AM; Outstanding

 Reviewer xxxxxxxxxx 09:37 AM; compliance to review

 Reviewer xxxxxxxxxx 02:33 PM; Hello, &#x0D;
Condition has been updated. Thanks!

xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX WA I 1 A   A   A   A   N/A N/A A   A     Exempt 1
1288737 XXXXXXXXX XXXXXXXXXXXXXX 6410086 270 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW - Satisfactory 2nd Appraisal Report     Documentation has been provided.      xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 3 C   B   A   B   N/A N/A C   A     Exempt 1
1288737 XXXXXXXXX XXXXXXXXXXXXXX 6410087 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   Allow DSCR loan amount of approximately $xxxxxxxxx   9 year investor in luxury high end properties; all mortgages and revolving credit paid as agreed; credit experience of 15 years; mid FICO of xxx   xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX CA I 3 C   B   A   B   N/A N/A C   A     Exempt 1
1288740 XXXXXXXXX XXXXXXXXXXXXXX 6410126 475 XXXXXXXXXX Compliance Application   Application - Compliance \ Application - Initial application signed and dated by all borrower's, loan officer and interviewer.    Initial application dated xxxxxxx not signed by either LO or borrower Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1288740 XXXXXXXXX XXXXXXXXXXXXXX 6410127 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   Missing flood cert Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1288740 XXXXXXXXX XXXXXXXXXXXXXX 6410128 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   Missing Ability to Repay Certification. document provided      xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1288741 XXXXXXXXX XXXXXXXXXXXXXX 6410144 879 XXXXXXXXXX Compliance Application   Application - Other:   Citizenship status missing on borrower and co-borrower applications. Rec'd documentation verifying citizenship status.   Client xxxxxxxxxx 05:24 PM; Hi, xxxx is a US citizen per their US Passport. xxxxxxxxis a permanent US resident alien per the documentation uploaded to loan file. Thank you.

 Reviewer xxxxxxxxxx 08:31 AM; compliance to review

 Reviewer xxxxxxxxxxx09:13 AM; On page 1 of the application, in the "Citizenship" section, a box needs to be checked for both borrowers for either "US Citizen", OR "Permanent Resident Alien", OR "Non-permanent Resident Alien".

 Reviewer xxxxxxxxxx 02:28 PM; Hello, Condition has been cleared. Thank you, xxxxxxx

 xxxxxxxxxxx     A 1 XXXXXXXXXX TX I 1 A   A   A   A   N/A N/A A   A     Exempt 1
1288748 XXXXXXXXX XXXXXXXXXXXXXX 6410186 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   File is missing copy of the flood certificate Information Provided   Reviewer xxxxxxxxxx 08:15 AM; Flood cert provided is for the wrong property.  Condition remains.

 xxxxxxxxxxx     A 1 XXXXXXXXXX FL S 1 C   A   C   A   C   A   A   A     Non-QM 1
1288748 XXXXXXXXX XXXXXXXXXXXXXX 6410187 958 XXXXXXXXXX Credit Closing Package   Closing Package - First Payment Letter Other   Amount does not match last disclosed closing disclosure Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL S 1 C   A   C   A   C   A   A   A     Non-QM 1
1288748 XXXXXXXXX XXXXXXXXXXXXXX 6410188 959 XXXXXXXXXX Credit Closing Package   Closing Package - IEADS Initial Escrow Account Disclosure Missing or Incorrect   Amount does not match last disclosed closing disclosure Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL S 1 C   A   C   A   C   A   A   A     Non-QM 1
1288748 XXXXXXXXX XXXXXXXXXXXXXX 6410189 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL S 1 C   A   C   A   C   A   A   A     Non-QM 1
1288748 XXXXXXXXX XXXXXXXXXXXXXX 6410190 971 XXXXXXXXXX Compliance Compliance   Compliance - CD- Missing CD Signed by borrower   File is missing final CD signed at closing. Please provide. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL S 1 C   A   C   A   C   A   A   A     Non-QM 1
1288748 XXXXXXXXX XXXXXXXXXXXXXX 6410191 986 XXXXXXXXXX Compliance Compliance   Compliance - E-Consent- missing evidence of borrower’s e-consent prior to earliest e-signature event   Please provide accepted E consent dated xxxx or earlier for xxxxxxxx. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL S 1 C   A   C   A   C   A   A   A     Non-QM 1
1288748 XXXXXXXXX XXXXXXXXXXXXXX 6410192 875 XXXXXXXXXX Compliance Disclosure   Disclosure - Other:   File is missing amortization schedule. Please provide. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL S 1 C   A   C   A   C   A   A   A     Non-QM 1
1288748 XXXXXXXXX XXXXXXXXXXXXXX 6410193 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   Missing Ability to Repay Certification Documentation has been provided.       xxxxxxxxxxx     A 1 XXXXXXXXXX FL S 1 C   A   C   A   C   A   A   A     Non-QM 1
1288749 XXXXXXXXX XXXXXXXXXXXXXX 6410207 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   Guideline- Minimum DSCR of xxxx Deviation Request-Allow DSCR of xxx Compensating Factors-5-year real estate investor, all mortgages and revolving debt paid as agreed, credit depth of 21 years and xxx fico.    Guideline- Minimum DSCR of xxxx Deviation Request-Allow DSCR of xxxxCompensating Factors-5-year real estate investor, all mortgages and revolving debt paid as agreed, credit depth of 21 years and xxx fico.       xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX WA I 13 C   B   C   B   N/A N/A A   A     Exempt 1
1288759 XXXXXXXXX XXXXXXXXXXXXXX 6410319 72 XXXXXXXXXX Compliance Closing Package   Closing Package -    Missing final closing disclosure Information Provided   Reviewer xxxxxxxxxx 01:02 PM; outstanding

 xxxxxxxxxxx     A 1 XXXXXXXXXX OH P 13 D   B   C   B   C   A   D   A     Non-QM 1
1288759 XXXXXXXXX XXXXXXXXXXXXXX 6410320 957 XXXXXXXXXX Credit Closing Package   Closing Package - First Payment Letter Missing or Incorrect   First Payment Letter Missing Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX OH P 13 D   B   C   B   C   A   D   A     Non-QM 1
1288759 XXXXXXXXX XXXXXXXXXXXXXX 6410321 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.     Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX OH P 13 D   B   C   B   C   A   D   A     Non-QM 1
1288759 XXXXXXXXX XXXXXXXXXXXXXX 6410322 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX OH P 13 D   B   C   B   C   A   D   A     Non-QM 1
1288759 XXXXXXXXX XXXXXXXXXXXXXX 6410323 262 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW -  Appraisal Report Missing   Missing full appraisal from original images, please forward for review. Clear   Reviewer xxxxxxxxxx 05:10 PM; sent for review

 xxxxxxxxxxx     A 1 XXXXXXXXXX OH P 13 D   B   C   B   C   A   D   A     Non-QM 1
1288759 XXXXXXXXX XXXXXXXXXXXXXX 6410324 418 XXXXXXXXXX Credit UW Collateral   UW Collateral - UW - Client Condo Warranty Requirements   Missing Condo questionnaire.   No HOA questionnaire- Approved as Non Warrantable Condo.  Compensating factors: Broker credit used for pricing xxx FICO, 5 mtgs: 4 install:, 12 rev; reserves after this transaction of $xxxxxxx x.xxxx pricing using Broker mid fico: xxxx% (Expanded Approval "A", xxx FICO, xx% LTV) +xxxx% (O/O cash out)= xxx% final rate; unstacked ln amt/LTV $xxxxxxx/xx%; stacked $xxxxxxx/xxxxx% LTV Client xxxxxxxxxx 11:20 AM; Hi, per appraisal and documentation, there are no HOA dues for the property, therefore no Condo Questionnaire was required/completed. Thank you.

 Reviewer xxxxxxxxxx 01:33 PM; HOA/Condo fees do not determine the need for questionnaire. Property type being a condo requires the document.

 Client xxxxxxxxxx 10:12 AM; Processor certification uploaded to loan file. Please escalate if needed, thank you.

 Reviewer xxxxxxxxxx 12:08 PM; questionnaire is required document.

 xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX OH P 13 D   B   C   B   C   A   D   A     Non-QM 1
1288759 XXXXXXXXX XXXXXXXXXXXXXX 6410325 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   Missing Ability to Repay Certification received     xxxxxxxxxxx     A 1 XXXXXXXXXX OH P 13 D   B   C   B   C   A   D   A     Non-QM 1
1288764 XXXXXXXXX XXXXXXXXXXXXXX 6410397 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   Flood certificate missing Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1288764 XXXXXXXXX XXXXXXXXXXXXXX 6410398 72 XXXXXXXXXX Compliance Closing Package   Closing Package -    Final CD/HUD1/settlement statement matching IEADS not in file Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1288764 XXXXXXXXX XXXXXXXXXXXXXX 6410399 439 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing W2s   File is Missing 2020 w2 or WVOE showing 2020 YTD income. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1288765 XXXXXXXXX XXXXXXXXXXXXXX 6410415 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   Missing Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX ID P 1 D   A   C   A   C   A   D   A     Non-QM 1
1288765 XXXXXXXXX XXXXXXXXXXXXXX 6410416 986 XXXXXXXXXX Compliance Compliance   Compliance - E-Consent- missing evidence of borrower’s e-consent prior to earliest e-signature event   Missing E-consent dated 6/17/21. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX ID P 1 D   A   C   A   C   A   D   A     Non-QM 1
1288765 XXXXXXXXX XXXXXXXXXXXXXX 6410417 262 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW -  Appraisal Report Missing     received     xxxxxxxxxxx     A 1 XXXXXXXXXX ID P 1 D   A   C   A   C   A   D   A     Non-QM 1
1288772 XXXXXXXXX XXXXXXXXXXXXXX 6410477 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   Guideline-Mtg DQ history for program xxxxxxx. Deviation Request-Allow for xxxx on mtg history in last 24 months. Compensating Factors-Experienced homeowner, xxxx% funds down, nice collateral, overall strong credit profile.    Guideline-Mtg DQ history for program xxxxxxx. Deviation Request-Allow for xxxx on mtg history in last 24 months. Compensating Factors-Experienced homeowner,xxx% funds down, nice collateral, overall strong credit profile.   xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX PA I 1 C   B   C   B   N/A N/A A   A     Exempt 1
1288774 XXXXXXXXX XXXXXXXXXXXXXX 6410485 898 XXXXXXXXXX Compliance Compliance   Compliance - TRID- Fee Tolerance Violation   Zero tolerance violation of $xxxxx due to increase in Appraisal Fee with no valid coc. xx% tolerance violation of xxxxx for increase in Recording Fee with no valid coc. Total violation of $xxxxxx, CD cured xxxxx. Need proof of additional $xxxxx refund along with letter of explanation to borrower and PCCD reflecting cure. All must be issued within 60 days of consummation Information Provided   Client xxxxxxxxxx 10:15 AM; Hi, per appraisal invoice uploaded to loan file, there was a rush fee charged for $xxxxxx causing the violation. This was agreed to by the borrower and the proof is that the borrower was willing and did pay for the rush fee. There is no refund required, thank you!

 Reviewer xxxxxxxxxx 02:01 PM; Hi xxxxr, &#x0D;
Please provide documentation to the file that reflects the borrower agreed to the rush fee.  Thank you, &#x0D;
xxxxx

 Client xxxxxxxxxx 03:20 PM; The borrower paid the rush fee, that in itself is proof that the borrower agreed to the fee. This justification has been sufficient many times in the past. Please escalate if needed. Thank you.

 Reviewer xxxxxxxxxx 06:09 AM; Invoice provided will not clear this deficiency.  Condition remains.

 Reviewer xxxxxxxxxx 09:37 AM; compliance to review

 Reviewer xxxxxxxxxx 09:41 AM; compliance to review

 Reviewer xxxxxxxxxx 10:38 AM; Hello,&#x0D;
 Condition has been cleared. Thanks, &#x0D;
xxxxx

xxxxxxxxxxx     A 1 XXXXXXXXXX WA P 1 C   A   A   A   C   A   A   A     QM Rebuttable Presumption 1
1288774 XXXXXXXXX XXXXXXXXXXXXXX 6410486 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX WA P 1 C   A   A   A   C   A   A   A     QM Rebuttable Presumption 1
1288777 XXXXXXXXX XXXXXXXXXXXXXX 6410610 29 XXXXXXXXXX Valuation Appraisal   Appraisal - is missing   Missing the appraisal Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX MA I 1 D   A   D   A   N/A N/A C   A     Exempt 1
1288777 XXXXXXXXX XXXXXXXXXXXXXX 6410611 320 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Asset Other   Missing all asset documentation for all accounts listed evidencing funds to close with 6 months reserves for a total of $xxxxxxxxx Documentation has been provided.     Reviewer xxxxxxxxxx 09:04 AM; Asset documentation not provided with condition.  

 xxxxxxxxxxx     A 1 XXXXXXXXXX MA I 1 D   A   D   A   N/A N/A C   A     Exempt 1
1288777 XXXXXXXXX XXXXXXXXXXXXXX 6410612 340 XXXXXXXXXX Credit UW Other   UW Other - UW - Insurance Missing (MI or Project)   Missing evidence of 6 months rental loss insurance. Documentation has been provided.     Reviewer xxxxxxxxxx 09:04 AM; Rent loss documentation not provided.

xxxxxxxxxxx     A 1 XXXXXXXXXX MA I 1 D   A   D   A   N/A N/A C   A     Exempt 1
1288778 XXXXXXXXX XXXXXXXXXXXXXX 6410679 262 XXXXXXXXXX Valuation UW Collateral   UW Collateral - UW -  Appraisal Report Missing   Missing full appraisal and 1007 from original images. Documentation has been provided.       xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 D   A   A   A   N/A N/A D   A     Exempt 1
1318326 XXXXXXXXX XXXXXXXXXXXXXX 6410025 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.     Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 13 C   A   C   A   N/A N/A A   A     Exempt 1
1318327 XXXXXXXXX XXXXXXXXXXXXXX 6410066 1108 XXXXXXXXXX Valuation UW Collateral TPR   UW Collateral TPR - UW - Second collateral evaluation is required.     No CU Score provided or available. (Internal condition only - No action required by Correspondent).   Documentation has been provided.       xxxxxxxxxxx     A 1 XXXXXXXXXX OH I 13 A   A   A   A   N/A N/A A   A     Exempt 1
1318328 XXXXXXXXX XXXXXXXXXXXXXX 6410509 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   Guideline-6 months reserves required/assets to be within 75 days of closing. Deviation Request- Allow xxmonth shortage on reserves Compensating Factors- Borrowers have paid as agreed credit, 10 years at current employer and xx in residual income.   Guideline-6 months reserves required/assets to be within 75 days of closing. Deviation Request- Allow xxmonth shortage on reserves Compensating Factors- Borrowers have paid as agreed credit, 10 years at current employer and xx in residual income.       xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX OR P 13 D   B   D   B   A   A   A   A     QM Rebuttable Presumption 1
1318328 XXXXXXXXX XXXXXXXXXXXXXX 6410510 431 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Verification of assets (statements/VOD) incomplete/missing   Missing asset statements for Oregon PERS $xxxxxxxx. received     xxxxxxxxxxx     A 1 XXXXXXXXXX OR P 13 D   B   D   B   A   A   A   A     QM Rebuttable Presumption 1
1318328 XXXXXXXXX XXXXXXXXXXXXXX 6410511 1108 XXXXXXXXXX Valuation UW Collateral TPR   UW Collateral TPR - UW - Second collateral evaluation is required.     No CU Score provided or available. (Internal condition only - No action required by Correspondent).
Documentation has been provided.  		     xxxxxxxxxxx     A 1 XXXXXXXXXX OR P 13 D   B   D   B   A   A   A   A     QM Rebuttable Presumption 1
1318329 XXXXXXXXX XXXXXXXXXXXXXX 6410597 891 XXXXXXXXXX Compliance Compliance   Compliance - TRID LE-  Initial LE not disclosed within 3 days of Application   Need initial LE with in 3 days of xxxx application.  If unable to provide a refund will be due Information Provided   Client xxxxxxxxxx 10:17 AM; Application used was dated xxxxxxxxx, if there was another in file, that was in error and was not the correct one. Thanks.

 Reviewer xxxxxxxxxx 11:53 AM; Hello,&#x0D;
 All conditions have been cleared. Thanks!

 Reviewer xxxxxxxxxx 11:00 AM; Cleared xxxx

 xxxxxxxxxxx     A 1 XXXXXXXXXX WA P 1 D   B   D   B   C   A   A   A     Non-QM 1
1318329 XXXXXXXXX XXXXXXXXXXXXXX 6410598 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX WA P 1 D   B   D   B   C   A   A   A     Non-QM 1
1318329 XXXXXXXXX XXXXXXXXXXXXXX 6410599 986 XXXXXXXXXX Compliance Compliance   Compliance - E-Consent- missing evidence of borrower’s e-consent prior to earliest e-signature event   E Consent on or before xxxx is missing Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX WA P 1 D   B   D   B   C   A   A   A     Non-QM 1
1318329 XXXXXXXXX XXXXXXXXXXXXXX 6410600 846 XXXXXXXXXX Compliance Disclosure   Disclosure - Missing initial disclosure within 3 days of application   Need SSPL with in 3 days of xxxx applicaiton Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX WA P 1 D   B   D   B   C   A   A   A     Non-QM 1
1318329 XXXXXXXXX XXXXXXXXXXXXXX 6410601 437 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Missing/Incomplete Verbal VOE   WVOE used to calculate income is missing from this file. 24mo income from xxxx & xxxx Tax Returns is less than calculated income used to qualify the borrower received     xxxxxxxxxxx     A 1 XXXXXXXXXX WA P 1 D   B   D   B   C   A   A   A     Non-QM 1
1318329 XXXXXXXXX XXXXXXXXXXXXXX 6410602 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   *DEVIATION REQUEST  OK on Appraisal Review   COMPENSATING FACTORS:  FICO xxx. DTI xxxxxx%. Owner of current residence for 16 years. All mortgages paid as agreed. Credit depth of 20 years.   Pricing xxxxx% + xx stacked fixed.   xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX WA P 1 D   B   D   B   C   A   A   A     Non-QM 1
1318330 XXXXXXXXX XXXXXXXXXXXXXX 6411043 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.     Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL S 1 C   A   C   A   A   A   A   A     Non-QM 1
1318330 XXXXXXXXX XXXXXXXXXXXXXX 6411044 957 XXXXXXXXXX Credit Closing Package   Closing Package - First Payment Letter Missing or Incorrect   Missing Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL S 1 C   A   C   A   A   A   A   A     Non-QM 1
1318331 XXXXXXXXX XXXXXXXXXXXXXX 6411095 920 XXXXXXXXXX Compliance Compliance   Compliance - TRID-Missing Final CD   Missing Final CD Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX IL I 1 C   B   C   B   N/A N/A A   A     Exempt 1
1318331 XXXXXXXXX XXXXXXXXXXXXXX 6411096 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   Minimum loan amount is $xxxxxxx   The exception was granted for $xxxxxxx loan amount with compensating factors of Seasoned investor with excellent mortgage history and low payment shock.   xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX IL I 1 C   B   C   B   N/A N/A A   A     Exempt 1
1318333 XXXXXXXXX XXXXXXXXXXXXXX 6411213 957 XXXXXXXXXX Credit Closing Package   Closing Package - First Payment Letter Missing or Incorrect   First Payment Letter Missing Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX OH I 3 C   A   C   A   N/A N/A A   A     Exempt 1
1318333 XXXXXXXXX XXXXXXXXXXXXXX 6411214 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   Flood Certificate is missing. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX OH I 3 C   A   C   A   N/A N/A A   A     Exempt 1
1318333 XXXXXXXXX XXXXXXXXXXXXXX 6411215 897 XXXXXXXXXX Compliance Compliance   Compliance - TRID CD- Other   Please provide final CD signed at closing Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX OH I 3 C   A   C   A   N/A N/A A   A     Exempt 1
1318334 XXXXXXXXX XXXXXXXXXXXXXX 6411218 970 XXXXXXXXXX Compliance Compliance   Compliance - CD- Missing   Final CD Missing.  No signed CD in file. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 1 C   B   C   B   C   A   A   A     Exempt 1
1318334 XXXXXXXXX XXXXXXXXXXXXXX 6411219 902 XXXXXXXXXX Compliance Compliance   Compliance - Pending internal completion of TRID compliance review for disclosure timing and or fee tolerance comparisons.  Additional conditions may apply.     Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 1 C   B   C   B   C   A   A   A     Exempt 1
1318334 XXXXXXXXX XXXXXXXXXXXXXX 6411220 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   *GUIDELINE EXCEPTION  xxx score required for xx% LTV   *DEVIATION REQUEST:  Score just below required pf xxx DSCR greater than xx, seasoned investor with excellent mortgage history and strong reserves    *COMPENSATING REQUEST  Strong reserves of over xxxxxxxxx Seasoned investor with excellent mortgage history, Excellent Mortgage history for over 4 years   xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX FL I 1 C   B   C   B   C   A   A   A     Exempt 1
1318335 XXXXXXXXX XXXXXXXXXXXXXX 6411288 986 XXXXXXXXXX Compliance Compliance   Compliance - E-Consent- missing evidence of borrower’s e-consent prior to earliest e-signature event   E Consent on or before xxxx is missing Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL P 1 C   A   C   A   C   A   A   A     Non-QM 1
1318335 XXXXXXXXX XXXXXXXXXXXXXX 6411289 321 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - Insufficient   Need exception for minimum active tradeline requirement not met. Super Prime Alt A requires 4 active and borrower has xx EXCEPTION GRANTED     xxxxxxxxxxx     A 1 XXXXXXXXXX FL P 1 C   A   C   A   C   A   A   A     Non-QM 1
1318336 XXXXXXXXX XXXXXXXXXXXXXX 6411324 986 XXXXXXXXXX Compliance Compliance   Compliance - E-Consent- missing evidence of borrower’s e-consent prior to earliest e-signature event   Missing E-consent dated 7/27/2021. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX PA P 1 C   B   C   B   C   A   A   A     Non-QM 1
1318336 XXXXXXXXX XXXXXXXXXXXXXX 6411325 322 XXXXXXXXXX Credit UW Credit   UW Credit - UW - Credit - Minimum FICO   Minimum FICO of xxx required.   xxpoint FICO exception approved for FTHB.   xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX PA P 1 C   B   C   B   C   A   A   A     Non-QM 1
1318336 XXXXXXXXX XXXXXXXXXXXXXX 6411326 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   A xxx credit score is required for first time homebuyer. Borrower's score was xxx.   x point exception approved. Compensating factors FICO xxx, xxxxxx% DTI, Good residual income of $xxxxx.xx/mo. Credit depth of 28 years. Rent paid as agreed    xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX PA P 1 C   B   C   B   C   A   A   A     Non-QM 1
1318338 XXXXXXXXX XXXXXXXXXXXXXX 6411425 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   no flood certification in file Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX GA I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1318338 XXXXXXXXX XXXXXXXXXXXXXX 6411426 959 XXXXXXXXXX Credit Closing Package   Closing Package - IEADS Initial Escrow Account Disclosure Missing or Incorrect   Initial Deposit does not equal calculated initial escrow account balance Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX GA I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1318339 XXXXXXXXX XXXXXXXXXXXXXX 6411451 318 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Source of Large Deposit   Sourcing and letter of explanation missing from file for large deposits on most recent asset statements. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX TX I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1318340 XXXXXXXXX XXXXXXXXXXXXXX 6411474 920 XXXXXXXXXX Compliance Compliance   Compliance - TRID-Missing Final CD   Final CD is missing in the file. Provided.      xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1318340 XXXXXXXXX XXXXXXXXXXXXXX 6411475 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   Flood Certificate is missing in the file. Provided.      xxxxxxxxxxx     A 1 XXXXXXXXXX CA I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1318341 XXXXXXXXX XXXXXXXXXXXXXX 6411476 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   Flood Certificate is missing in the file. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 1 C   A   C   A   N/A N/A C   A     Exempt 1
1318341 XXXXXXXXX XXXXXXXXXXXXXX 6411477 219 XXXXXXXXXX Compliance HUD1   HUD1 - Final HUD-1 is missing   Final HUD-1 is missing in the file. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 1 C   A   C   A   N/A N/A C   A     Exempt 1
1318341 XXXXXXXXX XXXXXXXXXXXXXX 6411478 1108 XXXXXXXXXX Valuation UW Collateral TPR   UW Collateral TPR - UW - Second collateral evaluation is required.   Second evaluation is missing document provided      xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 1 C   A   C   A   N/A N/A C   A     Exempt 1
1318342 XXXXXXXXX XXXXXXXXXXXXXX 6411500 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   Flood cert missing in file Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX UT S 1 C   A   C   A   C   A   A   A     QM Safe Harbor 1
1318342 XXXXXXXXX XXXXXXXXXXXXXX 6411501 986 XXXXXXXXXX Compliance Compliance   Compliance - E-Consent- missing evidence of borrower’s e-consent prior to earliest e-signature event   E Consent on or before 8/10 is missing Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX UT S 1 C   A   C   A   C   A   A   A     QM Safe Harbor 1
1318342 XXXXXXXXX XXXXXXXXXXXXXX 6411502 336 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Other   No recent paystubs on file. received     xxxxxxxxxxx     A 1 XXXXXXXXXX UT S 1 C   A   C   A   C   A   A   A     QM Safe Harbor 1
1318342 XXXXXXXXX XXXXXXXXXXXXXX 6411503 335 XXXXXXXXXX Credit UW Income/Employment   UW Income/Employment - UW - Income Calculation Incorrect   Used income of  $xxxxxxxxx  from xxxx since current paystubs not available. Please submit current paystubs per guidelines. received     xxxxxxxxxxx     A 1 XXXXXXXXXX UT S 1 C   A   C   A   C   A   A   A     QM Safe Harbor 1
1318344 XXXXXXXXX XXXXXXXXXXXXXX 6411578 187 XXXXXXXXXX Credit Flood Certificate   Flood Certificate - is missing.   Need to include flood. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX SC I 1 C   A   C   A   N/A N/A A   A     Exempt 1
1318346 XXXXXXXXX XXXXXXXXXXXXXX 6411728 851 XXXXXXXXXX Credit UW Qualifications   UW Qualifications - UW – Exception needed   DEFICIENCIES    *GUIDELINE EXCEPTION  DSCR xxx  CASH OUT REQUIRES xxx SCORE   Exception granted:  xx% LTV, Owns subject free and clear since xxxx, PD cash, 19 years in primary.  Pricing:  xxxxx% (xxxxx + .xx Cashout + .xx I/O = xxxxx) xx0 BPC UNSTKD xxxxxxxxxxxxxx xxxxxxxxxxxx:21:5 and xxxxx xxxxxxx xxxxxxxxx 9:39:31  *DEVIATION REQUEST:  DSCR xxxx  ALL S=CASH OUT APPROXIMATELY xxxxxxx    *COMPENSATING FACTORS:  xx% LTV, OWNS SUBJECT FREE & CLEAR SINCE xxxxxx PAID CASH, 19 YRS IN PRIMARY   PRICING: xxxxx% (xxxx + xxx CASH OUT + .xx I/O=xxxxx) xxx BPC UNSIKD   xxxxxxxxxxx   xxxxxxxxxx B 2 XXXXXXXXXX CA I 13 C   B   C   B   N/A N/A A   A     Exempt 1
1318370 XXXXXXXXX XXXXXXXXXX 6401998 434 XXXXXXXXXX Credit UW Assets   UW Assets - UW - Shorts Funds for Reserves   Guidelines require 9 months of PITIA reserves. Borrower has 6 months and is short 3 months reserves. Cash our proceeds can be used for reserves under lender guidelines, even for foreign nationals. Total 9 months PITIA is $xxxxxxxxx, with total available of $xxxxxxxxx (xxxx deposit acct #xxxx) and $xxxxxxxxx cash out proceeds per final CD. for a total amount available for reserves of $xxxxxxxxx.     xxxxxxxxxxx     A 1 XXXXXXXXXX FL I 13 C   A   C   A   N/A N/A A   A     Exempt 1
1318372 XXXXXXXXX XXXXXXXXXX 6403938 229 XXXXXXXXXX Compliance UW Approval   UW Approval - Signed underwriting approval not in the file:   File missing the loan approval. Information Provided     xxxxxxxxxxx     A 1 XXXXXXXXXX TX I 1 A   A   A   A   N/A N/A A   A     Exempt 1