EX-99.22 23 ex99-22.htm CONSOLIDATED EXCEPTION REPORT

Exhibit 99.22

Seller Loan ID

Client Loan Number

Pool

Review Type

Originating Lender

Borrower Last Name

State

Note Date

Loan Amount

Loan Purpose

Occupancy

ATR/QM Status

TRID Indicator

Condition ID

Condition Category

Condition Subcategory

Status

Condition Grade

Condition Standardized Description

ComplianceEase Comments

Condition Custom Description

Compliance Remediation

Lender Response

Condition Resolution

Compensating Factors

110031757

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Originator NMLS Status is Not Found

XX/XX/XXXX - The originator NMLS status is Not Found: Cannot locate Preferred Mortgage Lender in the NMLS database. ;

XX/XX/XXXX - The originator NMLS status is Not Found; XX/XX/XXXX - The originator NMLS status is Active

110031757

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Second Appraisal is Missing

XX/XX/XXXX - The second appraisal is Missing. XXX Appraisals required for loan amounts greater than $XXX Million, section XXX of guidelines. * EXCEPTION RESOLVED;

XX/XX/XXXX - The second appraisal is Present

110033273

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Flood Insurance Policy is Missing

XX/XX/XXXX - The flood insurance policy is Missing. Flood insurance collected per final settlement statement and escrowed, missing actual Flood Insurance Declarations page.;

XX/XX/XXXX - Change status of 'Flood Insurance Policy is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Flood Policy;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The flood insurance policy is Present; XX/XX/XXXX - Lender provided Flood Policy; XX/XX/XXXX - Change status of 'Flood Insurance Policy is Missing' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110033273

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: Please provide Final Title Policy, Subordination agreement, or preliminary title for Item #X ($XXX lien recorded XX/XX/XXXX) on Schedule B title exceptions to ensure lender is in first lien position.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lien paid, Final Settlement Statement provided.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110036518

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Provide final commercial loan application with corrected declarations section. Copy provided indicates Applicant had a foreclosure and declared bankruptcy in the last XXX years. Other file documentation does not indicate a foreclosure or bankruptcy occurred.;

XX/XX/XXXX - Final Loan Application is Present

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110036518

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Security Instrument Indicator is Partial

XX/XX/XXXX - The security instrument indicator is Partial; XX/XX/XXXX - Security instrument verifies Borrower is XXX. Provide certificate of good standing from the applicable Secretary of State’s office as required by Section XXX of the XXX dated XX/XX/XXXX. Also provide fully executed copy of the Operating Agreement dated XX/XX/XXXX. Copy provided not signed by Member/Guarantor.;

XX/XX/XXXX - Change status of 'Security Instrument Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided certificate from SOS.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The security instrument indicator is Present; XX/XX/XXXX - Lender provided certificate from SOS.; XX/XX/XXXX - Change status of 'Security Instrument Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains. Provide certificate of good standing from the Secretary of State's office.&#xXD;
&#xXD;
Copy of operating agreement provided.

110036518

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: Title commitment dated XX/XX/XXXX (page XXX) expired prior to Note date per Section XXX of the XXX dated XX/XX/XXXX. Schedule A of title commitment dated XX/XX/XXXX in file (page XXX). Provide full copy of updated title commitment dated XX/XX/XXXX. Provide evidence certificate of sale related to delinquent property taxes (item #XXX on Schedule B- Section II) will not appear on final title policy.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Final Title Policy, item #XXX removed.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided Final Title Policy with item #XXX removed.; XX/XX/XXXX - Lender provided Final Title Policy, item #XXX removed.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

110038248

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110038248

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - NONI Matrix dated XX/XX/XXXX max CLTV is XXX% for a rate/term refinance and FICO of XXX.;

XX/XX/XXXX - Lender granted XXX% LTV/CLTV exception.; XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Material to Non-Material.

110038248

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX based on a loan amount of $XXX and value used for LTV of XXX. NONI Matrix dated XX/XX/XXXX max LTV is XXX% for a rate/term refinance and FICO of XXX.;

XX/XX/XXXX - Lender granted XXX% LTV/CLTV exception.; XX/XX/XXXX - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Material to Non-Material.

110039278

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. NONI Guidelines dated XX/XX/XXXX, Section XXX state: An Undisclosed Debt Monitoring report dated within XXX days of closing is required. Provide report.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110039278

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete. Exception resolved.;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided final XXX with fully completed demographic section.;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided final XXX with fully completed demographic section.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

110039287

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110039287

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete. Exception resolved.;

XX/XX/XXXX - Lender provided final XXX with fully completed demographic section.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided final XXX with fully completed demographic section.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

110039428

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Appraisal date is greater than 120 days from Origination date.

XX/XX/XXXX - Appraisal is expired. Lender guidelines allow for a recertification of value. Need appraisal re-cert.; XX/XX/XXXX - Appraisal dated XX/XX/XXXX is greater than XXX days from Note date of XX/XX/XXXX.;

XX/XX/XXXX - Appraisal date is within XXX days of Note date.

110039428

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: cash out assets insufficient to cover XXX months reserves; and missing asset statements. Lender to provide additional asset statements for review to verify a minimum of XXX months reserves. ;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of business asset bank statement. Borrower is XXX% owner of the XXX and can use business account for reserve requirements per NONI GL's;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of business asset bank statement. Borrower is XXX% owner of the XXX and can use business account for reserve requirements per NONI GL's

110039428

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial - discrepancy: application lists two (X) properties, XXX and subject property, XXX; application also lists borrower renting at XXX and file contains VOR page XXX. LOE states business address to be XXX; file also contains a mortgage statement from UWM for property to XXX and XXX for: XXX with pmt IAO $XXX- no other documents and not on application. Lender to provide further explanation with documents so that file can be reviewed.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided LOE property detail reports and copy of updated REO with all owned properties listed.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided LOE property detail reports and copy of updated REO with all owned properties listed.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110039428

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Is Completion Certificate in file is No

XX/XX/XXXX - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.;

XX/XX/XXXX - The Completion Certificate is Yes

110039428

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - Missing assets to validate reserve req's were met.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.;

XX/XX/XXXX - Lender provided copy of business asset bank statement. Borrower is XXX% owner of the XXX and can use business account for reserve requirements per NONI GL's Exception Resolved; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.

110039428

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - The appraisal provided is subject to inspection of Unit XXX and the removal/remediation of standing water in the basement. Need completion cert.; XX/XX/XXXX - Origination Appraisal is Partial.;

XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Exception resolved, completion cert provided.

110039428

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: title commitment page XXX contains two (XXX) UCCS, # XXX and #XXX, both filed XX/XX/XXXX in favor of XXX; however, only one unrecorded termination in file. Lender to provide final title policy to verify UCC liens have been removed.;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - Lender provided copy of final title policy with all UCC liens removed.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

110039878

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. Missing final application for XXX guarantors. XXX and XXX.;

XX/XX/XXXX - Final Loan Application is Present

110039878

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report is Only Partially Available

XX/XX/XXXX - Partial fraud report provided. Missing full fraud report for borrower (XXX) XXX. pg XXX.;

XX/XX/XXXX - Change status of 'Fraud Report is Only Partially Available' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided full Fraud Report for XXX. No high alerts or risk factors noted.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Complete fraud report provided.; XX/XX/XXXX - Lender provided full Fraud Report for XXX. No high alerts or risk factors noted.; XX/XX/XXXX - Change status of 'Fraud Report is Only Partially Available' from Active to Open Rebuttal.

110040095

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Underwriting FICO does not meet Guideline Minimum Required

XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX for XXX% LTV/CLTV per XXX Guidelines.;

XX/XX/XXXX - Lender granted exception for credit score of XXX with XXX FICO required per guidelines.; XX/XX/XXXX - Change status of 'Underwriting FICO does not meet Guideline Minimum Required' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Underwriting FICO does not meet Guideline Minimum Required' from Material to Non-Material.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX years - Borrower Years On Job Exceeds XXX years

110040325

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Underwriting FICO does not meet Guideline Minimum Required

XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX. Exception resolved.; XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX.;

XX/XX/XXXX - Lender provided approved FICO exception for XXX score at XXX% LTV.; XX/XX/XXXX - Change status of 'Underwriting FICO does not meet Guideline Minimum Required' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Underwriting FICO does not meet Guideline Minimum Required' from Material to Non-Material.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110041630

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard insurance coverage is sufficient.

110041711

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.
;

XX/XX/XXXX - Final Loan Application is Present

110041711

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Underwriting FICO does not meet Guideline Minimum Required

XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX.; XX/XX/XXXX - Underwriting FICO of XXX is greater than or equal to the minimum required guideline FICO of XXX.;

XX/XX/XXXX - Underwriting FICO of XXX is greater than or equal to the minimum required guideline FICO of XXX.; XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX.; XX/XX/XXXX - Underwriting FICO of ___ is greater than or equal to the minimum required guideline FICO of XXX.

110041722

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided; XX/XX/XXXX - Documentation of rate lock extension is missing. Proof of rate lock on pg XXX reflects the lock expiring on XX/XX/XXXX. The loan closed on XX/XX/XXXX.;

XX/XX/XXXX - Evidence of Rate Lock Provided

110041722

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

110042766

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. Section XXX of the NONI Guidelines dated XX/XX/XXXX states "An Undisclosed Debt Monitoring report dated within XXX days of closing is required". Provide report.;

XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110042766

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. Declaration section is not complete on final XXX. Final XXX is not signed by the borrower or loan officer.;

XX/XX/XXXX - Final Loan Application is Present

110042766

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. The loan file contains a VOR completed by a private party. NONI Guidelines dated XX/XX/XXXX section XXX state: A private party VOR is not acceptable. Alternative documentation must show the most recent XXX month history and may be in the form of cancelled checks, bank statements, mortgage/rental statements.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated guidelines which allow Private Party VOR/VOM's.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Lender provided updated guidelines which allow Private Party VOR/VOM's.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

110042854

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Evidence of Rate Lock Provided

110042854

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Missing

XX/XX/XXXX - Final loan application is Missing. Exception Resolved.;

XX/XX/XXXX - Change status of 'Final Loan Application is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided fully completed, executed, final XXX.;

XX/XX/XXXX - Final loan application is Present; XX/XX/XXXX - Lender provided fully completed, executed, final XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Missing' from Active to Open Rebuttal.

110043328

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110043328

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete. * Exception resolved.;

XX/XX/XXXX - Lender provided final, fully completed 1003.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided final, fully completed XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110043330

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

110043330

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: High alerts XXX, and XXX have not been cleared.;

XX/XX/XXXX - Lender provided Clear Fraud Report.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Lender provided Clear Fraud Report.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

110043611

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Originator NMLS Status is Not Found

XX/XX/XXXX - The originator NMLS status is Not Found. Missing originator name and NMLS number.;

XX/XX/XXXX - The originator NMLS status is Active

110043714

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Provide XXX letter, operating or equivalent as required by Section XXX of the NONI Guidelines dated XX/XX/XXXX to verify all owners of XXX and their percentage of ownership. XXX search (page XXX) listing authorized persons is not sufficient. XXX #XXX in name of XXX was utilized for funds to close. Section XXX of the NONI Guidelines dated XX/XX/XXXX also states, "To determine the borrower(s) portion of the business assets allowed for the transaction, multiply the balance of the business assets by the cumulative ownership percentage of the borrower(s)." XXX% of the balance in the XXX account ending #XXX currently being utilized per XXX note.; XX/XX/XXXX - Asset Documents are Incomplete:;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided proof of ownership percentage (XXX%, Verify updated) and business bank account full fund access letter. ;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Lender provided proof of ownership percentage (XXX%, Verify updated) and business bank account full fund access letter. ; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

110043714

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial; XX/XX/XXXX - Section XXX of the NONI guidelines dated XX/XX/XXXX states, "An Undisclosed Debt Monitoring report dated within XXX days of closing is required." Provide Undisclosed Debt Monitoring report.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110043714

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Declarations section on page XXX of final loan application incomplete. * Exception resolved.;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided fully completed and executed final XXX.;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided fully completed and executed final XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

110043714

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Transmittal Summary is Partial

XX/XX/XXXX - Section XXX of the NONI Guidelines dated XX/XX/XXXX require management review if the "broker of record is originating their own loan or through an employee." Loan approval (page XXX) indicates Broker is XXX. XXX Search for XXX (page XX) and XXX assets (page XXX) in name of XXX in file. Provide evidence management review completed.;

XX/XX/XXXX - Lender provided verification of XXX sign off from management; XX/XX/XXXX - Change status of 'Transmittal Summary is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - The transmittal summary is Present; XX/XX/XXXX - Lender provided verification of Xnd sign off from management; XX/XX/XXXX - Change status of 'Transmittal Summary is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - EXCEPTION REMAINS: Lender provided a recap of guide section XXX. The guide requires management review. Nothing in file to support this was done.

110043760

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Per original Articles of Incorporation in file from XXX- two members own corporation, borrower is XXX and XXX is XXX (possibly ex-spouse). Articles amendment in file show name change for borrower, but does not verify ownership percentage or if any other ownership changes were made they were not provided. LOE page XXX indicates a XXX and XXX. Missing ownership percentage (share certificate) and signature on Note of other member, XXX, XXX If he is still a member. *X) Missing operating Agreement; *X) missing verification of number of owners and ownership percentage of B&B XXX.;

XX/XX/XXXX - Change severity of 'Borrower Employment Verification does not meet guidelines' from Material to Non-Material.; XX/XX/XXXX - Lender provided a copy of the Articles of Incorporation (Cleared exception #X).&#xXD;
&#xXD;
Lender provided copy of approved exception for missing the XX% of ownership of the business.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Acknowledged by Client.

110043760

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - XXX - declaration section questions incomplete. ; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Final Loan Application is Present

110043760

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: title commitment loan amount shows to be $XXX; loan amount $XXXXXX; lender to provide final title to verify loan coverage IAO $XXX; partial release of mortgage recorded for the subject property. (APN XXX);

XX/XX/XXXX - Lender provided updated title.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided updated title.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

110043760

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Title Policty is Partial

XX/XX/XXXX - Title policy is Partial - lender to provide final title policy in the amount of the loan= $XXXXXX; XX/XX/XXXX - Title policy is Partial - lender to provide final title policy to verify the partial release for the subject property from XXX and XXX to ensure first lien position.;

XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated title.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Title policy is Present; XX/XX/XXXX - Lender provided updated title.; XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Open Rebuttal.

110043824

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Present

110043824

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. All declarations are not completed on the final XXX.;

XX/XX/XXXX - Final Loan Application is Present

110043824

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard Insurance Coverage for Dwelling (page XXX) is $XXX.; XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. The subject loan amount is $XXX with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Hazard insurance coverage is sufficient.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.

110043824

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Initial Loan Application is Missing

XX/XX/XXXX - Missing Copy of Initial Loan Application;

XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Initial Loan Application is Missing' from Active to Open Rebuttal.;

XX/XX/XXXX - Received copy of initial loan application; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Initial Loan Application is Missing' from Active to Open Rebuttal.

110044028

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Borrower Employment Verification Level is missing

XX/XX/XXXX - The borrower employment verification level is Missing; XX/XX/XXXX - Section XXX of Non-QHEM Guide XXX not met: Missing CPA letter (within XXX days of Note) stating name of business, applicant's percentage of ownership, length of self-employ, and that business is active.;

XX/XX/XXXX - Change status of 'Borrower Employment Verification Level is missing' from Active to Acknowledged by Client.; XX/XX/XXXX - Lender provided approved exception for lack of complete self-employment verification.; XX/XX/XXXX - Change severity of 'Borrower Employment Verification Level is missing' from Material to Non-Material.; XX/XX/XXXX - Exception remains: Secretary of State printout provided showing business is active however it is not within XXX days of the note date as required by Guidelines Section XXX of Non-QHEM Guide XXX and it does not reflect percentage of ownership. ; XX/XX/XXXX - Exception remains: Secretary of State doc provided however it is not within XXX days of the note date.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110044028

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification Level is Missing

XX/XX/XXXX - The borrower income verification level is Missing. Lender to provide Bank Statement Income Calculation Worksheet. ;

XX/XX/XXXX - The borrower income verification level is Level XXX – Stated/Prior year WX or Tax Return and YTD paystubs/SE borrower XXX yrs Tax Returns; XX/XX/XXXX - Exception resolved. BS income calc worksheet provided.

110044028

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - This loan failed the charges that cannot increase test. (XXX CFR Â§XXX(e)(X)(i))The loan contains charges that exceed the good faith determination according to Â§XXX(e)(X)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to Â§XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under Â§XXX(e)(X)(i).

XX/XX/XXXX - Missing COC for Discount Points increase from XX/XX/XXXX (pg XXX) to final CD XX/XX/XXXX pg XXX).

COC for initial addition of $XXX Disc Pts (pg XXX) captured on XX/XX/XXXX (pg XXX) and reflected on XX/XX/XXXX. Increased to $XXX on final CD.;

110044028

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date validation Test

XX/XX/XXXX - This loan failed the closing or reimbursement date validation test.The loan failed XXX or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.

110044028

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

XX/XX/XXXX - This loan failed the reimbursement amount test. (XX CFR Â§XXX(f)(XXX)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under Â§XXX(e)(XXX)(i) or (ii), the creditor complies with Â§XXX(e)(XXX)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with Â§XXX(f)(XXX)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.

110044028

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Title Policty is Partial

XX/XX/XXXX - Title policy is Partial. Proposed policy amount not equal to loan amount (pg XXX). $XXX, should be $XXX.;

XX/XX/XXXX - Title policy is Present; XX/XX/XXXX - Exception resolved. Policy provided for $XXX.

110044049

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. NONI Guidelines dated XX/XX/XXXX, Section XXX state: An Undisclosed Debt Monitoring report dated within XX days of closing is required. Provide report.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110044049

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. Declarations section on the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

110044049

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Initial Credit Application is Partial

XX/XX/XXXX - Initial credit application is Partial. Initial XXX is not signed and dated by the borrower or loan officer.;

XX/XX/XXXX - Initial credit application is Present

110044071

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

DSCR is less than guideline minimum

XX/XX/XXXX - Change severity of 'DSCR is less than guideline minimum' from Material to Non-Material.; XX/XX/XXXX - downgrading as false exception due to incomplete Note and Mtg documents.;

XX/XX/XXXX - Qualifying DSCR of XXX meets guideline requirement.

110044071

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Note Document Indicator is Partial

XX/XX/XXXX - Note document indicator is Partial - Note document is incomplete- appears to be missing page XXX- image in file has the allonge page then starts at page XXX. Lender to provide complete Note copy for review.;

XX/XX/XXXX - Change status of 'Note Document Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Note is present;

XX/XX/XXXX - Note document indicator is Present; XX/XX/XXXX - Note is present; XX/XX/XXXX - Change status of 'Note Document Indicator is Partial' from Active to Open Rebuttal.

110044071

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Security Instrument Indicator is Partial

XX/XX/XXXX - The security instrument indicator is Partial - image in file incomplete- missing page one (XXX) of the mortgage, assignment of rents and security agreement. Lender to provide a complete copy of the recorded mortgage for review.;

XX/XX/XXXX - Change status of 'Security Instrument Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - DOT is present;

XX/XX/XXXX - The security instrument indicator is Present; XX/XX/XXXX - DOT is present; XX/XX/XXXX - Change status of 'Security Instrument Indicator is Partial' from Active to Open Rebuttal.

110044071

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: lender to provide final title policy to verify loan amount coverage = $XXX and to verify that any and all municipal liens, ie item #XXX IAO $XXX, any judgments etc have been removed from title, to ensure lender has first lien position.;

XX/XX/XXXX - Lender provided prelim title with adequate loan amount coverage and judgment removed from exceptions.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided updated title $XXX and judgment removed from Sch B.; XX/XX/XXXX - Lender provided prelim title with adequate loan amount coverage and judgment removed from exceptions.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

110044073

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

DSCR is less than guideline minimum

XX/XX/XXXX - lease in file provides for renewal language and a XXX% increase- rents $XXX XXX%=XXX so total rents currently would be $XXX; GL states interest only can be used to determine DSCR provided FICO i snot less than XXX and LTV does not exceed XXX%; LTV is XXX% however FICO is XXX. DSCR ratio based on current lease amount of $XXX is less than XXX DSCR ratio. interest only pmt only used if FICO if XXX per GL.; XX/XX/XXXX - Qualifying DSCR of XXX is less than guideline minimum requirement of XXX.;

XX/XX/XXXX - Lender granted exception to use lease rents vs XXX rents for DSCR.; XX/XX/XXXX - Change status of 'DSCR is less than guideline minimum' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'DSCR is less than guideline minimum' from Material to Non-Material.

110044073

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - No XXX or XXX report was found during XXX audit. Per lender GL pgXXX chapter XXX.; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided UCDP with score of XXX.;

XX/XX/XXXX - Third Party Valuation Product Provided. UCDP score of XXX.; XX/XX/XXXX - Lender provided UCDP with score of XXX.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.

110044073

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: title prelims in file show municipal lien IAO $XXX in favor of XXX (item # XXX); addtl copies of title commit in file show several judgments (page XXX); in additional to these liens, LOE from LO, page XXX, indicates delinquent taxes IAO $XXX. Page XXX shows XXX report with an unreleased Court of Common Pleas IAO $XXX #XXX filed XX/XX/XXXX (not on title report but lien report shows not released) Lender to provide final title policy and documentation from court of common please to verify all prior liens, judgements and delinquent taxes have been removed.;

XX/XX/XXXX - Lender provided Final Title with Tax Lien removed.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided Final Title.; XX/XX/XXXX - Lender provided Final Title with Tax Lien removed.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - RE State tax lien IAO $XXXX- delete this as XXX Dept of Revenue provided authority to satisfy letter.

110044074

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Missing XXX documents per GL requirements: missing attorney opinion letter, attesting that the XXX meets all XXX requirements and approved by the Lender. Missing personal guaranty as seen in concurrent file XXX. Per GL XXX must be a single purpose XXX and created to hold title to the subject property. Borrower has three (XXX) concurrent cash out refinances, XXX, XXX and XXX. XXX for XXX property also held in XXX, same as this file. Per GL may not own other properties.;

XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of XXX guaranty ;

XX/XX/XXXX - Exception resolved; XX/XX/XXXX - Lender provided copy of XXX guaranty ; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

110044144

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. Final application REO section is missing several properties the borrower owns - XXX purchased XX/XX/XXXX per title report pg XXX and XXX as stated on the LOE on pg XXX and fraud report pg XXX, the mortgage history for this property was not provided. ;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

110044144

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines.X) Missing housing history for XXX with a most recently transferred date of XX/XX/XXXX pg XXX) and XXX, title commitment dated XX/XX/XXXX pg XXX in file with no add'l information on property in file.;

XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Exception resolved: Property history report provided for both properties. Sibley property reflects no mortgages. Allison property reflects a mortgage for $XXX dated XX/XX/XXXX.

110044144

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Missing

XX/XX/XXXX - Origination appraisal is Missing. NONI g/l's XXX appraisal requirements states, A completed appraisal report with full interior/exterior photos is required. File Contains Completion Report provided pg XXX, missing original appraisal.;

XX/XX/XXXX - Change status of 'Origination Appraisal is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided complete origination appraisal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Lender provided complete origination appraisal.; XX/XX/XXXX - Change status of 'Origination Appraisal is Missing' from Active to Open Rebuttal.

110044183

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Missing VVOE of XXX job with XXX.;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved, VVOE provided.

110044183

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - Initial LE is not dated within XXX days of Initial XXX dated XX/XX/XXXX.;

XX/XX/XXXX - This loan passed the charges that cannot increase test. (XXX CFR §XXX(e)(X)(i))The loan contains charges that do not exceed the good faith determination according to §XXX(e)(X)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(X)(i).; XX/XX/XXXX - This loan failed the charges that cannot increase test. (XXX CFR §XXX(e)(X)(i))The loan contains charges that exceed the good faith determination according to §XXX(e)(X)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(X)(i).; XX/XX/XXXX - This loan failed the charges that cannot increase test. (XXX CFR §XXX(e)(X)(i))The loan contains charges that exceed the good faith determination according to §XXX(e)(X)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $X,XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(X)(i).; XX/XX/XXXX - Exception Resolved.

110044183

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That In Total Cannot Increase More Than 10% Test

XX/XX/XXXX - This loan failed the charges that in total cannot increase more than XX% test. (XXX CFR Â§XXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to Â§XXX(e)(X)(ii). The final charges that in total cannot increase more than XX% ($XXXXX) exceed the comparable charges ($XXX) by more than XX%. Please see the table that displays the Charges That Cannot Increase More Than XX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under Â§XXX(e)(X)(i) by more than XX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with Â§XXX(e)(X)(vi).

XX/XX/XXXX - Initial LE is not dated within XXX days of Initial XXX dated XX/XX/XXXX.;

XX/XX/XXXX - This loan passed the charges that in total cannot increase more than XXX% test. (XXX CFR §XXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §XXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) do not exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §XXX(e)(X)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §XXX(e)(X)(vi).; XX/XX/XXXX - This loan failed the charges that in total cannot increase more than XXX% test. (XXX CFR §XXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §XXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §XXX(e)(XXX)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §XXX(e)(X)(vi).; XX/XX/XXXX - Exception Resolved.

110044183

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date Validation Test

XX/XX/XXXX - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.

XX/XX/XXXX - Exception Resolved.;

XX/XX/XXXX - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; XX/XX/XXXX - This loan failed the closing or reimbursement date validation test.The loan failed one or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.

110044183

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Loan Estimate Delivery Date Test (from application)

XX/XX/XXXX - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( XXX CFR Â§XXXXX(e)(X)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $XXX, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXXXX(a)(X) and as it relates to Â§XXXXX(e)(X)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under Â§XXXXX(e)(X)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

XX/XX/XXXX - Initial LE is not dated within XXX days of Initial XXXX dated XX/XX/XXXX.;

XX/XX/XXXX - This loan passed the initial loan estimate delivery date test (from application).( XXX CFR §XXXXXX(e)(X)(iii)(A) )The initial loan estimate delivery date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application. This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXXXX(a)(X) and as it relates to §XXXXXX(e)(X)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe creditor shall deliver or place in the mail the disclosures required under §XXXXXX(e)(X)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.; XX/XX/XXXX - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( XXX CFR §XXXXXX(e)(X)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application. Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $XXX, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXXXX(a)(X) and as it relates to §XXXXXX(e)(X)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Sunday PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict. The creditor shall deliver or place in the mail the disclosures required under §XXXXXX(e)(X)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.; XX/XX/XXXX - Exception Resolved.

110044183

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

XX/XX/XXXX - This loan failed the reimbursement amount test. (XXX CFR Â§XXX(f)(X)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under Â§XXX(e)(X)(i) or (ii), the creditor complies with Â§XXX(e)(X)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with Â§XXX(f)(X)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.

XX/XX/XXXX - Exception Resolved.;

XX/XX/XXXX - This loan passed the reimbursement amount test. (XXX CFR §XXX(f)(X)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $XXX, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX. Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §XXX(e)(X)(i) or (ii), the creditor complies with §XXX(e)(X)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §XXX(f)(X)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.; XX/XX/XXXX - This loan failed the reimbursement amount test. (XXX CFR §XXX(f)(X)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX. Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §XXX(e)(X)(i) or (ii), the creditor complies with §XXX(e)(X)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §XXX(f)(X)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.; XX/XX/XXXX - This loan failed the reimbursement amount test. (XXX CFR §XXX(f)(X)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §XXX(e)(X)(i) or (ii), the creditor complies with §XXX(e)(X)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §XXX(f)(X)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.

110044183

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

RESPA Homeownership Counseling Organizations Disclosure Date Test

XX/XX/XXXX - This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( XXX CFR Â§XXXXX(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(X)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(X)Data made available by the Bureau or XXX for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXXXX(b) and as it relates to Â§XXXXX (list of homeownership counseling organizations provided not later than XXX business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.Please note: This test does not validate the content of any list of homeownership counseling organizations.

XX/XX/XXXX - Disclosure is not dated within XXX days of Initial XXXX dated XX/XX/XXXX.;

XX/XX/XXXX - This loan passed the homeownership counseling organizations disclosure date test. ( XXX CFR §XXXXXX(a) )The loan has a homeownership counseling organizations disclosure date that is within three business days of the loan originator's application date, and the homeownership counseling organizations disclosure date is on or before the closing date. Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(X)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(X)Data made available by the Bureau or XXX for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data. This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXXXX(b) and as it relates to §XXXXXX (list of homeownership counseling organizations provided not later than XXX business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NonePlease note: This test does not validate the content of any list of homeownership counseling organizations.; XX/XX/XXXX - Exception Resolved.

110044544

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - The VVOE on page XXX indicates borrower is SE less than XXX years per guideline requirement. The Bank statements provided for Income determination do show XXX months statements in business name. ; XX/XX/XXXX - The final XXX shows the borrower self-employed for XXX years with a start date XX/XX/XXXX, page XXX
The Self Employment VVOE on page XXX shows a start date of XX/XX/XXXX; the Texas business registration date on page XXX is also XX/XX/XXXX. Provide third party verification of XXX years self employment.;

XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided signed letter from tax preparer supporting XXX+ years of XXX employment.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided signed letter from tax preparer supporting XXX+ years of XXX employment.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

110044869

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. XXX Guidelines dated XX/XX/XXXX, Section XXX state: An Undisclosed Debt Monitoring report dated within XXX days of closing is required. Provide report.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110044869

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Provided; XX/XX/XXXX - Evidence of Rate Lock Not Provided. Exception resolved.; XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Change status of 'Evidence of Rate Lock Not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided evidence of rate lock.;

XX/XX/XXXX - Evidence of Rate Lock Provided; XX/XX/XXXX - Lender provided evidence of rate lock.; XX/XX/XXXX - Change status of 'Evidence of Rate Lock Not Provided' from Active to Open Rebuttal.

110044869

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

110044869

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Initial Loan Application is Missing

XX/XX/XXXX - Missing Copy of Initial Loan Application;

XX/XX/XXXX - Received copy of initial loan application

110044975

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - Housing delinquency meets guidelines. * Lender provided approved exception for derog mtg history (pg XXX). ; XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Non-Material to Material.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.; XX/XX/XXXX - Housing history does not meet guidelines. * XXX day mortgage derog within last XXX months. XXX Matrix XXX states XXX / XXX.; XX/XX/XXXX - Lender provided approved exception for derog mtg history (pg XXX). ;

XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.

110044975

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Number of Mortgage Properties Exceeds Max Allowable Per Guidelines

XX/XX/XXXX - Number of Mortgage Properties (XXX) Exceeds Max Allowable Per Guidelines * Per XXX Matrix (XXX), Additional Restrictions section: Max # of financed properties exceeding XXX requires committee approval. There is an approved lender exception, in file, related to the mortgage lates; however, the # of financed properties was not addressed.;

XX/XX/XXXX - Change status of 'Number of Mortgage Properties Exceeds Max Allowable Per Guidelines' from Active to Acknowledged by Client.; XX/XX/XXXX - Lender provided Lender granted exception for properties owned exceeding guidelines.; XX/XX/XXXX - Change severity of 'Number of Mortgage Properties Exceeds Max Allowable Per Guidelines' from Material to Non-Material.

110045110

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Change status of 'Evidence of Rate Lock Not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided evidence of rate lock.;

XX/XX/XXXX - Evidence of Rate Lock Provided; XX/XX/XXXX - Lender provided evidence of rate lock.; XX/XX/XXXX - Change status of 'Evidence of Rate Lock Not Provided' from Active to Open Rebuttal.

110045364

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Section XXX of the NONI Guidelines dated XX/XX/XXXX states, "For investment property transactions, rent loss insurance for the subject is required and must equal at least X months of average monthly rents." USAA declarations page (page XXX) does not verify amount of rent loss insurance.; XX/XX/XXXX - Hazard insurance indicator is Partial;

XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation rental loss is included.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Hazard insurance indicator is Present; XX/XX/XXXX - Lender provided documentation rental loss is included.; XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.

110045364

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - X) Verification of Account for XXX, Inc mortgage loan #XXX (page XXX) opened XX/XX/XXXX verifies the XX/XX/XXXX and XX/XX/XXXX payments were paid on XX/XX/XXXX. The loan is currently due for the XX/XX/XXXX payment as of XX/XX/XXXX; therefore, the loan was XXX days past due at time of verification. An underwriting exception is not found in loan file. There is a loan detail summary (page XXX) which verifies past due payments were made, and the loan is due to XX/XX/XXXX payment.
X) Provide XXX-month mortgage payment history for XXX. Credit report verifies XXX months of payment history for XXX loan. Provide payment history for previous loan against property. If property was acquired in the last XXX months, provide evidence of acquisition date.;

XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.; XX/XX/XXXX - Approved lender exception in file for the mortgage payment late of XXX; XX/XX/XXXX - Lender provided copy of property history report to verify XXX was purchased in XX/XX/XXXX.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.; XX/XX/XXXX - Exception remains: Exception #XXX remains. Mortgage history not provided.&#xXD;
Exception #X: Approved lender exception provided for XXX XXX at time of payoff.

110045410

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Acknowledged

Appraisal guideline violation

XX/XX/XXXX - Appraisal guideline violation: Guidelines X.X do not allow properties zoned agricultural. No exception found in the file.;

XX/XX/XXXX - Change severity of 'Appraisal guideline violation' from Material to Non-Material.; XX/XX/XXXX - Lender provided exception for property zoning. ; XX/XX/XXXX - Change status of 'Appraisal guideline violation' from Active to Acknowledged by Client.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

110045410

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard insurance coverage is sufficient.; XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. The subject loan amount is XXX with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

110045410

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Guidelines X.X require housing history not exceed XXX and XXX. Credit Report only reflects a XXX month payment history. Provide evidence of additional XXX months to satisfy housing history guideline.;

XX/XX/XXXX - Lender provided approved exception for the XXX month housing history, in lieu of XXX months.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

110045410

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

UCDP Summary Report is Missing

XX/XX/XXXX - The SSR indicator is Missing;

XX/XX/XXXX - UCDP Summary provided. CU score XXX.; XX/XX/XXXX - Change status of 'UCDP Summary Report is Missing' from Active to Open Rebuttal.;

XX/XX/XXXX - The SSR indicator is Present. Exception resolved.; XX/XX/XXXX - UCDP Summary provided. CU score XXX.; XX/XX/XXXX - Change status of 'UCDP Summary Report is Missing' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

110045411

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Loan Purpose is indicated as Unavailable

XX/XX/XXXX - Missing cash out letter for purpose of cash out transaction.; XX/XX/XXXX - Loan purpose is indicated as Unavailable;

XX/XX/XXXX - Loan purpose is indicated as Cash Out: Other Multi purpose Unknown purpose; XX/XX/XXXX - Exception resolved, purpose of c/o letter provided.

110045411

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - Title commitment page XXX- item # XXX, DOT IAO $XXX in favor of XXX must be paid off or subordinated; no payoff in file and no subordination. Lender to provide documentation, if paying off, payoff demand from XXX and/or an executed and recorded subordination agreement to ensure first lien position. Note amount is $XXX and title commitment is IAO $XXX. Loan amount not covered.;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved, final title provided.

110045706

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. Section XXX of the XXX Guidelines dated XX/XX/XXXX states "An Undisclosed Debt Monitoring report dated within XXX days of closing is required". Provide report.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110045706

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section on the final XXXX is not completed.;

XX/XX/XXXX - Final Loan Application is Present

110045706

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Loan amount is less than the minimum required loan amount

XX/XX/XXXX - Change severity of 'Loan amount is less than the minimum required loan amount' from Non-Material to Material.; XX/XX/XXXX - Exception approved for loan amount under $XXX is in the file (page XX).;

XX/XX/XXXX - Lender approved Exception in File.; XX/XX/XXXX - Change status of 'Loan amount is less than the minimum required loan amount' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Loan amount is less than the minimum required loan amount' from Material to Non-Material.

110045744

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

DSCR is less than guideline minimum

XX/XX/XXXX - File is missing applicable documentation to determine subject rental income to be used for DSCR qualification. Approval in file states "NONI" program, please provide applicable documentation for rental income for DSCR ratio.; XX/XX/XXXX - Qualifying DSCR of ___ is less than guideline minimum requirement of XXX. Appraiser has property listed as Vacant and there is no comparable rent schedule found in the file.;

XX/XX/XXXX - Change status of 'DSCR is less than guideline minimum' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX.;

XX/XX/XXXX - Qualifying DSCR of XXX meets guideline requirement.; XX/XX/XXXX - Lender provided XXX.; XX/XX/XXXX - Change status of 'DSCR is less than guideline minimum' from Active to Open Rebuttal.

110045762

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: gift monies X) $ XXX need proof of deposit or wire to escrow; X) $XXX need proof deposited into borrowers account or wired to escrow. ;

XX/XX/XXXX - Lender provided evidence of gift deposits.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided evidence of gift deposits.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110045762

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval. Lender approval shows total income of $XXX pg XXXX, when calculating borrower bank statements there was an error in the income on the XX/XX/XXXX bank statement, the lender used $XXX for deposits see XXX sheet pg XXX. The actual monthly bank statement total is $XXX. (pg XXX).;

XX/XX/XXXX - The borrower income verification does match approval. EXCEPTION RESOLVED; XX/XX/XXXX - Lender provided XX months business bank statements for XXXX.; 04/08/2022 - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.;XX/XX/XXXX - EXCEPTION REMAINS. Lender provided revised Bank Statement Worksheet for XXX #XXXX (personal account used to qualify). Also, provided a XXX for XXX business account (XXX #XXXX). Need complete XXX months for review. XXX, XXX, and XXX XXXX are in file -- need XX/XX/XXXX through XX/XX/XXXX and XX/XX/XXXX.&#xXD;
&#xXD;
Revised XXX also provided with lower DTI and amended income. DTI can be recalculated once full XXX months XXX statements are verified.

110045762

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Per GLs XXX from a private landlord; missing most recent XXX months consecutive cancelled checks (front and back) along with a copy of the current lease.;

XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.; XX/XX/XXXX - Lender provided copy of approved lender exception for missing VOR ; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.

110045762

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.; XX/XX/XXXX - DTI outside GLs at XXX% - lenders XXX calculations page XXX shows average income $XXX using XX/XX/XXXX monthly deposits of $XXX; bank statement deposits for XX/XX/XXXX is $XXX; ;

XX/XX/XXXX - Lender provided XX months business bank statements for XXXX. EXCEPTION RESOLVED; XX/XX/XXXX - Documentation provided to support Qualifying DTI below XX.;XX/XX/XXXX - EXCEPTION REMAINS. Lender provided revised Bank Statement Worksheet for XXX #XXXX (personal account used to qualify). Also, provided a XXX for XXX business account (XXX #XXXX). Need complete XXX months for review. XXX, XXX, and XXX XXXX are in file -- need XX/XX/XXXX through XX/XX/XXXX and XX/XX/XXXX.&#xXD;
&#xXD;
Revised XXX also provided with lower DTI and amended income. DTI can be recalculated once full XXX months XXX statements are verified.

110045762

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: lender to provide final title policy showing loan coverage XXX $XXX;

XX/XX/XXXX - Lender provided Final Title.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided Final Title with adequate coverage.; XX/XX/XXXX - Lender provided Final Title.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

110045803

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Section X.X.X of the XXX Guidelines dated XX/XX/XXXX requires, "Certificate of good standing from the applicable Secretary of State’s office." Provide certificate of good standing for XXX.;

XX/XX/XXXX - Lender provided verification of business status.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - SOS Cert of status provided showing in good standing.; XX/XX/XXXX - Lender provided verification of business status.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

110045803

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Declarations section on page XXX of final loan application incomplete. Add XXX to final loan application.; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Final Loan Application is Present

110045803

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - X) Provide verification of XXX-month mortgage history for XXX. XXX report (page XX) indicates current lien of $XXX was opened XX/XX/XXXX. Loan does not appear on credit report.
X) There are two XXX secured loans reflected on credit report. Provide documentation to verify collateral for each loan. If collateral is real estate owned by Borrower, provide XXX-month mortgage history. ; XX/XX/XXXX - Housing history does not meet guidelines.;

XX/XX/XXXX - Clearing #X. The XXX loans are not mortgages. XXX complete. DSCR loans, Primary and Subject pmt histories verified.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.;

XX/XX/XXXX - Housing delinquency meets guidelines. * Exception Resolved.; XX/XX/XXXX - Clearing #X. The XXX loans are not mortgages. XXX complete. DSCR loans, Primary and Subject pmt histories verified.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains: Exception #X not addressed.&#xXD;
Exception #X resolved. VOM provided.

110045803

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - Loan considered cash-out refinance due to payoff to XXX for tax lien (page XX). Subject property expense: $XXX interest only + $XXX taxes + $XXX HOI + $XXX HOA dues= $XXX/mon. Utilized XXX% of purchase price for taxes as subject property was acquired by Borrower XX/XX/XXXX.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.;

XX/XX/XXXX - Lender provided approved exception for reserves not meeting XXX month requirement.; XX/XX/XXXX - Change status of 'Liquid Reserves are less than Guidelines Required' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Liquid Reserves are less than Guidelines Required' from Material to Non-Material.

110045803

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Transmittal Summary is Partial

XX/XX/XXXX - Section X.X.X of the XXX Guidelines dated XX/XX/XXXX requires management review if the "broker of record is originating their own loan or through an employee." Loan approval (page XXX) indicates Broker is XXX who is also the Guarantor of subject loan. Provide evidence of management review.;

XX/XX/XXXX - Lender provided exception approval/management review for borrower being the broker for this transaction.; XX/XX/XXXX - Change status of 'Transmittal Summary is Partial' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Transmittal Summary is Partial' from Material to Non-Material.

110045846

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Provide transaction history from XX/XX/XXXX statement date to Verification of Deposit dated XX/XX/XXXX for XXX accounts ending #XXXX and #XXXX. ; XX/XX/XXXX - Asset Documents are Incomplete:;

XX/XX/XXXX - Lender provided updated guidelines.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Lender provided updated guidelines.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110045846

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial; XX/XX/XXXX - Section XXX of the XXX guidelines dated XX/XX/XXXX states, "An Undisclosed Debt Monitoring report dated within XXX days of closing is required." Provide Undisclosed Debt Monitoring report.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110045846

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fully Executed purchase Contract is Partial

XX/XX/XXXX - Page XXX of purchase agreement (page XXX) indicates there was a Counter Offer. Provide copy of any Counter Offers. ; XX/XX/XXXX - The fully executed purchase contract is Partial;

XX/XX/XXXX - The fully executed purchase contract is Present; XX/XX/XXXX - Exception resolved, doc provided.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110045846

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Insufficient cash to close.

XX/XX/XXXX - XXX stocks, XXX IRA, and XXX XXX(k); however, no proof of liquidation provided.; XX/XX/XXXX - Cash to close in the amount of XXX is greater than the available asset amount of XXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Cash to close in the amount of XXX is greater than the available asset amount of XXX.; XX/XX/XXXX - Sufficient cash to close is documented.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110045846

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Loan amount is greater than the maximum loan amount allowed per guidelines

XX/XX/XXXX - XXX dated XX/XX/XXXX indicates maximum loan amount is $XXX for XXX% LTV purchase. Loan amount is $XXX, and there is no approved underwriting exception in file. ; XX/XX/XXXX - Loan amount of XXX is greater than the maximum loan amount allowed per guidelines of XXX.;

XX/XX/XXXX - Change status of 'Loan amount is greater than the maximum loan amount allowed per guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated guidelines.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Loan amount of XXX is less than or equal to the maximum loan amount allowed per guidelines of XXX.; XX/XX/XXXX - Lender provided updated guidelines.; XX/XX/XXXX - Change status of 'Loan amount is greater than the maximum loan amount allowed per guidelines' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110045846

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Lender provided approved LTV/CLTV exception.; XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Per updated Guidelines provided on XX/XX/XXXX dated XX/XX/XXXX the Loan amount is acceptable but the LTV/CLTV exceeds max LTV/CLTV allowed by XXX%. Please provide lender exception approval for XXX% LTV/CLTV with max per guidelines of XXX%.; XX/XX/XXXX - Underwriting CLTV of XXX is greater than the maximum allowable guideline CLTV of XXX.;

XX/XX/XXXX - Change severity of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Lender provided approved LTV/CLTV exception.; XX/XX/XXXX - Per updated Guidelines provided on XX/XX/XXXX dated XX/XX/XXXX the Loan amount is acceptable but the LTV/CLTV exceeds max LTV/CLTV allowed by XXX%. Please provide lender exception approval for XXX% LTV/CLTV with max per guidelines of XXX%.; XX/XX/XXXX - Underwriting CLTV of XXX is greater than the maximum allowable guideline CLTV of XXX.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110045846

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Change severity of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Lender provided approved LTV/CLTV exception.; XX/XX/XXXX - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Per updated Guidelines provided on XX/XX/XXXX dated XX/XX/XXXX the Loan amount is acceptable but the LTV/CLTV exceeds max LTV/CLTV allowed by XXX%. Please provide lender exception approval for XXX% LTV/CLTV with max per guidelines of XXX%.; XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX based on a loan amount of XXX and value used for LTV of XXX.;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110045917

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Add REO of XXX.;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

110045917

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Flood Certificate is Partial

XX/XX/XXXX - Flood certificate lists address as XXX. Provide flood certificate with accurate address of XXX.;

XX/XX/XXXX - Change status of 'Flood Certificate is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Flood Cert with corrected property address. ;

XX/XX/XXXX - Flood certificate is received. Exception Resolved.; XX/XX/XXXX - Lender provided Flood Cert with corrected property address. ; XX/XX/XXXX - Change status of 'Flood Certificate is Partial' from Active to Open Rebuttal.

110045917

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Hazard insurance indicator is Partial; XX/XX/XXXX - Evidence of Insurance lists insured property as XXX. Borrower also owns XXX. Provide documentation from insurance agent to verify policy #XXX only. Also provide evidence of insurance with Ste XXX removed.;

XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated HOI.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Hazard insurance indicator is Present; XX/XX/XXXX - Lender provided updated HOI.; XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.

110045968

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Insufficient cash to close.

XX/XX/XXXX - Cash to close in the amount of XXX is greater than the available asset amount of XXX.; XX/XX/XXXX - The two XXX listed on the XXX VOD third-party verification of assets (page XXX) were utilized for qualification. If other asset accounts were utilized for down payment and closing costs, provide third-party verification as required by Section XXX of the NONI Guidelines dated XX/XX/XXXX.;

XX/XX/XXXX - Sufficient cash to close is documented.; XX/XX/XXXX - Exception resolved. Lender provided suff assets.; XX/XX/XXXX - EXCEPTION REMAINS. Lender provided cashiers checks provided at closing for funds to close dated XX/XX/XXXX in the amount of $XXX and $XXX for a total of $XXX. Verified assets in file prior to cashier's check dated XX/XX/XXXX (pg XXX in PDF) total $XXX. Insufficient funds to close.; XX/XX/XXXX - Cash to close in the amount of $XXX is greater than the available asset amount of XXX.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110045968

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Transmittal Summary is Missing

XX/XX/XXXX - The transmittal summary is Missing;

XX/XX/XXXX - The transmittal summary is Not Applicable

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110045998

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification Level is Missing

XX/XX/XXXX - The borrower income verification level is Missing. * Missing November XXX (XXX #XXX) for complete XXX months. ;

XX/XX/XXXX - The borrower income verification level is Level XXX – Stated/Prior year XXX or Tax Return and YTD paystubs/SE borrower XXX yrs Tax Returns; XX/XX/XXXX - Exception resolved. Bank statement provided.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110045998

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.;

XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.; XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.

110045998

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TILA Finance Charge Test

XX/XX/XXXX - This loan failed the TILA finance charge test.( XXX CFR Â§XXX(o)(X) )The finance charge is $XXX. The disclosed finance charge of $XXX is not considered accurate because it is understated by more than $XXX.

110046020

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fully Executed purchase Contract is Partial

XX/XX/XXXX - Provide fully executed copy of XXX #X to Contract for Sale. XXX #X-X in file.; XX/XX/XXXX - The fully executed purchase contract is Partial;

XX/XX/XXXX - The fully executed purchase contract is Present; XX/XX/XXXX - Exception resolved, Addendum #X provided.

110046020

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard insurance coverage of $XXX is not sufficient. The subject loan amount is $XXX with no guaranteed replacement coverage or estimated replacement value from insurance company was not provided. Additionally, rent loss insurance of $XXX for unit X is not sufficient. Section X.X of the XXX Guidelines dated XX/XX/XXXX state, "For investment property transactions, rent loss insurance for the subject is required and must equal at least XXX months of average monthly rents.";

XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.; XX/XX/XXXX - Replacement cost included;

XX/XX/XXXX - Hazard insurance coverage is sufficient. Exception Resolved; XX/XX/XXXX - Replacement cost included; XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.

110046048

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Section XXX of the XXX guidelines dated XX/XX/XXXX states, "An Undisclosed Debt Monitoring report dated within XXX days of closing is required." Provide Undisclosed Debt Monitoring report.; XX/XX/XXXX - Borrower liabilities verified indicator is Partial;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110046048

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Declarations section on page X of final loan application incomplete. Marital and residency status also incomplete. If borrower is permanent resident alien or non-permanent resident alien, provide documentation required by Sections X.X.X and X.X.X of the XXX Guidelines dated XX/XX/XXXX.;

XX/XX/XXXX - Final Loan Application is Present

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110046048

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Note Document Indicator is Partial

XX/XX/XXXX - Promissory Note and Deed of Trust list Borrower as XXX. Provide the required documentation listed in Section X.X.X of the XXX Guidelines dated XX/XX/XXXX. documents in file are for XXX.;

XX/XX/XXXX - Note document indicator is Present; XX/XX/XXXX - Exception resolved. XXX documents provided.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110046048

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Originator NMLS Status is Not Found

XX/XX/XXXX - The originator NMLS status is Not Found; XX/XX/XXXX - Provide loan originator and broker company NMLS ID numbers.;

XX/XX/XXXX - The originator NMLS status is Active

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110046048

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Transmittal Summary is Partial

XX/XX/XXXX - Section X.X of the XXX Guidelines dated XX/XX/XXXX note, "an LOE from the borrower disclosing the purpose of the cash-out is required on all cash-out transactions." Provide LOE regarding purpose of cash-out.; XX/XX/XXXX - The transmittal summary is Partial;

XX/XX/XXXX - The transmittal summary is Present; XX/XX/XXXX - Exception resolved. LOE provided.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110046054

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Note Document Indicator is Partial

XX/XX/XXXX - Note document indicator is Partial. Missing the XXX page of the note

XXX: EXCEPTION REMAINS: Document provided is not for subject loan/property. Need pg XXX for XXX. Page provided is for an unrelated property and loan number. Trailing Doc folder XXX;

XX/XX/XXXX - Change status of 'Note Document Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided correct Note.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Note document indicator is Present; XX/XX/XXXX - Lender provided correct Note.; XX/XX/XXXX - Change status of 'Note Document Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - EXCEPTION REMAINS: Document provided is not for subject loan/property. Need pg XXX for XXX. Page provided is for an unrelated property and loan number. Trailing Doc folder XXX

110046086

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Change status of 'Evidence of Rate Lock Not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - Documentation provided.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Evidence of Rate Lock Provided; XX/XX/XXXX - Change status of 'Evidence of Rate Lock Not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - Documentation provided.

110046086

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - LCA score below XXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Third Party Valuation Product Provided. LCA score below XXX.; XX/XX/XXXX - LCA score below XXX.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.

110046086

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product Not Provided and CU Score is Greater Than XXX

XX/XX/XXXX - Third Party Valuation Product Not Provided and CU Score is XXX.;

XX/XX/XXXX - XXX Score below XXX.; XX/XX/XXXX - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than XXX' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Third Party Valuation Product Provided.; XX/XX/XXXX - LCA Score below XXX.; XX/XX/XXXX - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than XXX' from Active to Open Rebuttal.

110046098

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Transmittal Summary is Missing

XX/XX/XXXX - The transmittal summary is Missing;

XX/XX/XXXX - Change status of 'Transmittal Summary is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of loan approval;

XX/XX/XXXX - The transmittal summary is Not Applicable; XX/XX/XXXX - Lender provided copy of loan approval; XX/XX/XXXX - Change status of 'Transmittal Summary is Missing' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110046099

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Appraisal date is greater than XXX days from Origination date.

XX/XX/XXXX - Change severity of 'Appraisal date is greater than XXX days from Origination date.' from Material to Non-Material. XXX appraisal update page XXX dated XX/XX/XXXX and appraisal transfer letter page XXX to XXX dated XX/XX/XXXX; XXX appraisal update page XXX shows borrower as XXX and not borrower XXX; appraisal page XXX shows owner is XXX; lender must provide documentation to prove same entity is same member, XXX. LOE as to transfer between XXX for review;

XX/XX/XXXX - Appraisal dated XX/XX/XXXX is greater than XXX days from Note date of XX/XX/XXXX.; XX/XX/XXXX - Appraisal date is within XXX days of Note date.

110046099

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - No rate lock found in file; Lender to provide rate lock documentation.;

XX/XX/XXXX - Evidence of Rate Lock Provided

110046099

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. XXX for subject loan in the name of XXX- no documentation for XXX to verify same borrower to XXX. ;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX Cert of formation for XXX with borrowers name listed on document.;

XX/XX/XXXX - Housing delinquency meets guidelines. EXCEPTION RESOLVED; XX/XX/XXXX - Lender provided XXX Cert of formation for XXX with borrowers name listed on document.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

110046099

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Manual Underwrite is Missing

XX/XX/XXXX - The manual underwrite is Missing XXX X/X/XXXX max LTV is XXX% for rate and term; this loan LTV is XXX%; additionally- borrower has XXX other XXX loans, XXX, XXX, XXX, XXX, XXX, XXX and XXX- no lender approved exception for LTV at XXX% or loans to same borrower in file.;

XX/XX/XXXX - The manual underwrite is Present; XX/XX/XXXX - Exception resolved, approved lender exception provided for XXX% ltv and # of loans to borrower.; XX/XX/XXXX - Change severity of 'Manual Underwrite is Missing' from Non-Material to Material.

110046099

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Origination Appraisal is Partial.;

XX/XX/XXXX - Origination appraisal is Present.

110046099

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Underwriting FICO does not meet Guideline Minimum Required

110046112

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial: Per the fraud report (pg XXX), it appears borrower owns additional properties not disclosed on the final XXX. Additionally, guidelines XXX (pg XX) state no multiple housing events (XXX) in the last XXX years. Fraud report (pg XXX-XXX) reflects more than one housing event in the past XXX years.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided rebuttal and verification of housing events within guidelines. Credit report does not reflect housing events.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided rebuttal and verification of housing events within guidelines. Credit report does not reflect housing events.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110046112

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Lender provided evidence of rate lock.; XX/XX/XXXX - Change status of 'Evidence of Rate Lock Not Provided' from Active to Open Rebuttal.;

XX/XX/XXXX - Evidence of Rate Lock Provided. Exception resolved.; XX/XX/XXXX - Lender provided evidence of rate lock.; XX/XX/XXXX - Change status of 'Evidence of Rate Lock Not Provided' from Active to Open Rebuttal.

110046112

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - The fraud report (pg XXX) reflects additional properties owned by the borrower. XXX section on final XXXX needs to be updated.;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided verification of XXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided verification of XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

110046112

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Property is located in a FEMA disaster area

XX/XX/XXXX - Property is located in a FEMA disaster area with no post disaster inspection;

XX/XX/XXXX - Appraisal post disaster date. ; XX/XX/XXXX - Change status of 'Property is located in a FEMA disaster area' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Post disaster inspection confirms no property damage; XX/XX/XXXX - Appraisal post disaster date. ; XX/XX/XXXX - Change status of 'Property is located in a FEMA disaster area' from Active to Open Rebuttal.

110046112

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Security Instrument Indicator is Missing

XX/XX/XXXX - The security instrument indicator is Missing;

XX/XX/XXXX - Change status of 'Security Instrument Indicator is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided executed security instrument.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The security instrument indicator is Present. Exception resolved. Lender provided, saved to folder: XXX / XXX / completed.; XX/XX/XXXX - Lender provided executed security instrument.; XX/XX/XXXX - Change status of 'Security Instrument Indicator is Missing' from Active to Open Rebuttal.

110046187

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

110046197

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX years - Borrower Years On Job Exceeds XXX years

110046197

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That In Total Cannot Increase More Than 10% Test

XX/XX/XXXX - This loan failed the charges that in total cannot increase more than XXX% test. (XXX CFR Â§XXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to Â§XXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under Â§XXX(e)(X)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with Â§XXX(e)(X)(vi).

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX years - Borrower Years On Job Exceeds XXX years

110046197

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Loan Estimate Delivery Date Test (from application)

XX/XX/XXXX - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( XXX CFR Â§XXX(e)(X)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $XXX, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXX(a)(X) and as it relates to Â§XXX(e)(X)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Thanksgiving Day (XX/XX/XXXX)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under Â§XXX(e)(X)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

XX/XX/XXXX - Initial LE dated XX/XX/XXXXs missing from the file.;

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX years - Borrower Years On Job Exceeds XXX years

110046197

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Loan Purpose is indicated as Unavailable

XX/XX/XXXX - Loan purpose is indicated as Unavailable; XX/XX/XXXX - Occupancy discrepancy- appraisal XXX units show both units rented month to month with no owner and shows tenant. XXX shows owner occupancy. Current mortgage statement has address as XXX; lender to provide LTV and DTI calculation work sheet;

XX/XX/XXXX - Loan purpose is indicated as Rate Term Refinance Borrower initiated

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX years - Borrower Years On Job Exceeds XXX years

110046197

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Appraisal, page XXX, shows tenant occupied, two units- both units month to month per appraiser, yet, XXX application indicates primary. Lender to provide a utility billing and LOE from borrower to explain other address on mortgage statement: XXX for re-review.; XX/XX/XXXX - Origination Appraisal is Partial.;

XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided further commentary regarding address. Driver License, HOI, and Bank Statements support occupancy at subject property. The XXX address is borrower's XXX. See XXX and XXX Entity Report (pg XXX).;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Lender provided further commentary regarding address. Driver License, HOI, and Bank Statements support occupancy at subject property. The XXX address is borrower's XXX. See XXX and Business Entity Report (pg XXX).; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX years - Borrower Years On Job Exceeds XXX years

110046197

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX years - Borrower Years On Job Exceeds XXX years

110046235

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. Declarations section is missing response to "is the applicant and/or co-applicant party to a lawsuit?" for both Borrowers.;

XX/XX/XXXX - Final Loan Application is Present

110046235

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Loan amount is greater than the maximum loan amount allowed per guidelines

XX/XX/XXXX - Change severity of 'Loan amount is greater than the maximum loan amount allowed per guidelines' from Material to Non-Material.; XX/XX/XXXX - Loan amount of XXX is greater than the maximum loan amount allowed per guidelines of XXX. Lender exception granted for loan amount (pg XXX).;

XX/XX/XXXX - Lender exception granted for loan amount (pg XXX).; XX/XX/XXXX - Change status of 'Loan amount is greater than the maximum loan amount allowed per guidelines' from Active to Acknowledged by Client.

110046238

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - DSCR loan, Income and Employment are not required. However, DSCR rent of $XXX was used to qualify based on UW Loan Approval (pg XXX) and only lease of $XXX (pg XXX) was in the file. Unable to verify the additional $XXX. Appraisal states leases of $XXX and $XXX which were not found. Please provide lease for XXX unit for accurate DSCR calculation.;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided lease agreements for both units to verify full rental income for the subject. ;

XX/XX/XXXX - The borrower income verification does match approval. EXCEPTION RESOLVED; XX/XX/XXXX - Lender provided lease agreements for both units to verify full rental income for the subject. ; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

110046263

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

110046286

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Asset Documents are Incomplete

XX/XX/XXXX - X) XXX statement for account ending #XXXX (page XXX) provided to source large deposit of $XXX to Borrower's XXX account ending #XXXX on XX/XX/XXXX. Accountholder of XXX account ending #XXXX is XXX. Provide documentation to verify all owners of XXX and their percentage of ownership.
X) Provide explanation and documentation to source the following large deposits to XXX account ending #XXXX: $XXX XX/XX/XXXX; $XXX XX/XX/XXXX; $XXX XX/XX/XXXX. Large deposit of $XXX on XX/XX/XXXX does not require explanation/sourcing as deposit returned on XX/XX/XXXX.; XX/XX/XXXX - Asset Documents are Incomplete:;

XX/XX/XXXX - Change severity of 'Asset Documents are Incomplete' from Material to Non-Material.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Acknowledged by Client.
Lender provided copy of approved exception for the large deposits.XX/XX/XXXX - Exception remains. Operating agreement provided however it does not show borrower is XXX% owner. Exception #X remains also.&#xXD;

110046286

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Declarations section on page XXX of final loan application incomplete. ;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Declarations section on page X of final loan application incomplete. ; XX/XX/XXXX - Final Loan Application is Partial

110046286

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Is Completion Certificate in file is No

XX/XX/XXXX - Loan Approval dated XX/XX/XXXX (page XXX) requires XXX report for the following items noted on inspection report: X.Electric outlet is missing cover-plate; X.Sealiing required on crack in basement; X. Water heater missing XXX; X. Smoke detector missing on XXX level hallway replacement required; X.Shingle on left side of dwelling at top of roof is cupping. Loan approval also requires picture of smoke detectors or carbon monoxide detectors and water heater straps & comments from the appraiser with an appraisal addendum regarding comps XXX & XXX for the suburban property comparable to subject property. No XXX or updated appraisal in file.; XX/XX/XXXX - ;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - The Completion Certificate is XX;XX/XX/XXXX - Change status of 'Is Completion Certificate in file is No' from Active to Open Rebuttal.

110046482

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. Final XXX reflects the primary residence address of XXX. However, VOR in the file reflects address of XXX. Provide corrected final XXX.;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided corrected 1003.;

Appraisal report completed as is with no needed repairs per the appraiser.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110046491

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: High alert for participant detail report, risk indicator #X, has not been cleared.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided cleared fraud report;

XX/XX/XXXX - Alerts from Fraud Report have been cleared. Exception resolved; XX/XX/XXXX - Lender provided cleared fraud report; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

110046520

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110046552

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - This loan failed the charges that cannot increase test. (XX CFR Â§XXXXX(e)(X)(i))The loan contains charges that exceed the good faith determination according to Â§XXXXX(e)(X)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to Â§XXXXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under Â§XXXXX(e)(X)(i).

XX/XX/XXXX - The VOE fee (doc prep fee) for $XXX was not disclosed on the initial LE and reflected on the final CD. Missing COC for the increase in fees.;

XX/XX/XXXX - This loan passed the charges that cannot increase test. (XX CFR §XXXXXX(e)(X)(i))The loan contains charges that do not exceed the good faith determination according to §XXXXXX(e)(X)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §XXXXXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXXXXX(e)(X)(i).; XX/XX/XXXX - Exception N/A. Lender provided XXX and reimbursed borrower $XXX for tolerance cure.; XX/XX/XXXX - Change status of 'Charges That Cannot Increase Test' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Charges That Cannot Increase Test' from Material to Non-Material.; XX/XX/XXXX - This loan failed the charges that cannot increase test. (XX CFR §XXXXXX(e)(X)(i))The loan contains charges that exceed the good faith determination according to §XXXXXX(e)(X)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §XXXXXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXXXXX(e)(X)(i).

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110046552

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date Validation Test

XX/XX/XXXX - Exception Resolved.;

XX/XX/XXXX - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110046552

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fully Executed purchase Contract is Partial

XX/XX/XXXX - No Contract addendum in file to reflect the sales price reduced to $XXX. Lender needs to provide. ; XX/XX/XXXX - The fully executed purchase contract is Partial;

XX/XX/XXXX - Lender provided fully executed addendum with reduced sales price.; XX/XX/XXXX - Change status of 'Fully Executed purchase Contract is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - The fully executed purchase contract is Present. Exception resolved.; XX/XX/XXXX - Lender provided fully executed addendum with reduced sales price.; XX/XX/XXXX - Change status of 'Fully Executed purchase Contract is Partial' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110046552

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. The subject loan amount is XXX with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

XX/XX/XXXX - Replacement cost included.; XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.;

XX/XX/XXXX - Hazard insurance coverage is sufficient. Exception Resolved.; XX/XX/XXXX - Replacement cost included.; XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110046552

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Non-QHEM Underwriting Guidelines dated XX/XX/XXXX, Section X.X require the most recent XXX months' consecutive cancelled checks (front and back) along with a copy of the lease agreement if borrower rents from a private landlord.;

XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.; XX/XX/XXXX - Lender provided copy of approved exception for the missing cancel checks and lease.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110046552

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Minimum Trade Line Requirement Not Met

XX/XX/XXXX - Borrower XXX lines on the credit report.;

XX/XX/XXXX - LXXX linXXX LinXXX Line Requirement Not Met' from Material to Non-Material.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110046552

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

XX/XX/XXXX - This loan failed the reimbursement amount test. (XX CFR Â§XXXXX(f)(X)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under Â§XXXXX(e)(X)(i) or (ii), the creditor complies with Â§XXXXX(e)(X)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with Â§XXXXX(f)(X)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.

XX/XX/XXXX - Exception Resolved.;

XX/XX/XXXX - This loan passed the reimbursement amount test. (XX CFR §XXXXXX(f)(X)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $XXX, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §XXXXXX(e)(X)(i) or (ii), the creditor complies with §XXXXXX(e)(X)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §XXXXXX(f)(X)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.; XX/XX/XXXX - This loan passed the reimbursement amount test. (XX CFR §XXXXXX(f)(X)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $XXX, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §XXXXXX(e)(X)(i) or (ii), the creditor complies with §XXXXXX(e)(X)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §XXXXXX(f)(X)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110046617

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval. Missing Lender's bank statement calculation worksheet.;

XX/XX/XXXX - The borrower income verification does match approval; XX/XX/XXXX - Exception resolved. worksheet provided.

110046617

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard insurance coverage is sufficient.

110046617

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: Provide evidence Schedule B-X, item #XXX has been satisfied and removed from title (pg XXX).;

XX/XX/XXXX - final title provided.; XX/XX/XXXX - Exception resolved, Final title provided.

110046631

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Is Completion Certificate in file is No

XX/XX/XXXX - The Completion Certificate is Yes; XX/XX/XXXX - Exception resolved, comp cert provided.; XX/XX/XXXX - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.;

110046631

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved. Final title provided with sufficient coverage.; XX/XX/XXXX - The following issues were noted: title commitment in file IAO $XXX; Loan amount is $XXXXXX; title insurance coverage insufficient;

110046633

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110046633

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

110046633

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: The Borrower Detail Report risk indicators XXX, XXX, and XXX have not been cleared.;

XX/XX/XXXX - Lender provided clear fraud report.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared.. Exception resolved.; XX/XX/XXXX - Lender provided clear fraud report.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

110046658

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Section XXX of the Noni guidelines dated XX/XX/XXXX states. Vesting in the name of a corporation is acceptable - All owners/members with >XX% ownership must be borrowers on the loan. The following documents are missing from the file, Operating agreement, Certificate of good standing from Secretary of State. Cannot determine if member two, XXX has a >XXX% ownership in the business. Also if Member two does have &get; XXX% interest in business then an application and credit report are required.;

XX/XX/XXXX - Lender provided an approved exception for missing verification of percentage of business ownership. Acknowleged XX/XX/XXXX  - EXCEPTION REMAINS:  Lender provided legal document removing XXX as registered agent for borrower business.  Need confirmation from a certified CPA or business operating agreement that the borrower is XXX% owner and XXX has no ownership interest.; XX/XX/XXXX  - EXCEPTION REMAINS:  Lender provided By-Laws of Operating Agreement, Section XXX lists two XXX but no percentage of ownership.  Also, no percentage of ownership in origination file.  &#xXD;
&#xXD;
If XXX is more than XXX% owner, then she must meet credit requirements and personally guarantee the loan (NONI Guides Section XXX).  No loan application or credit report in file for her.; XX/XX/XXXX  - EXCEPTION REMAINS:   Lender provided By-Laws of Operating Agreement, Section XXX lists two XXX but no percentage of ownership.  Also, no percentage of ownership in origination file.  &#xXD;
&#xXD;
If  XXX is more than XXX% owner then she must meet credit requirements and personally guarantee the loan (NONI Guides Section XXX).  No loan application or credit report in file for her.&#xXD;
&#xXD;
Need ownership percentages for XXX Investments XXX or add XXX to loan.; XX/XX/XXXX  - EXCEPTION REMAINS:  See previous comment (XX/XX/XXXX).  No new info/doc provided.; XX/XX/XXXX  - EXCEPTION REMAINS. Lender provided Certificate of Good Standing from SOS. File is still missing Operating agreement.

110046752

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Provide documentation to verify PITIA expense for XXXX-XXXX (page XXX). ; XX/XX/XXXX - Borrower liabilities verified indicator is Partial;

XX/XX/XXXX - Per DSCR XXX Guides (section XXX.X), the only information needed for non Subject or Primary properties is that it be listed on Schedule of Real Estate Owned. Lender provided corrected XXX listing all XXX properties. No PITIA information is required.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Per DSCR XXX Guides (section XXX.X), the only information needed for non Subject or Primary properties is that it be listed on Schedule of Real Estate Owned. Lender provided corrected XXX listing all XXX properties. No PITIA information is required.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Provide documentation to verify PITIA expense for XXX (page XXX).

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110046752

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided corrected XXX listing all XXX properties. Proof provided that borrower doesn't own XXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided corrected XXX listing all XXX properties. Proof provided that borrower doesn't own XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - The following properties owned by Borrower were not listed on final XXXX: XXX; XXX; XXX; XXX; XXX; XXX. Add properties to final loan application.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110046752

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Provide XXX-month mortgage history for the following properties: XXX; XXX; XXX; XXX; XXX; XXXX-XXXX; XXX. If property owned less than XXX months, provide evidence of acquisition date. If property is held free and clear, provide evidence to verify.; XX/XX/XXXX - Housing history does not meet guidelines.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Per DSCR XXX Guides (section XXX.X), the only information needed for non Subject or Primary properties is that it be listed on Schedule of Real Estate Owned. Lender provided corrected XXX listing all XXX properties. No PITIA information is required.;

XX/XX/XXXX - Housing delinquency meets guidelines. * Exception Resolved.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Per DSCR XXX Guides (section XXX.X), the only information needed for non Subject or Primary properties is that it be listed on Schedule of Real Estate Owned. Lender provided corrected XXX listing all XXX properties. No PITIA information is required.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110046752

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Note Document Indicator is Partial

XX/XX/XXXX - Page X of Promissory Note is missing.; XX/XX/XXXX - Note document indicator is Partial;

XX/XX/XXXX - Lender provided all pages of the Note.; XX/XX/XXXX - Change status of 'Note Document Indicator is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Note document indicator is Present; XX/XX/XXXX - Lender provided all pages of the Note.; XX/XX/XXXX - Change status of 'Note Document Indicator is Partial' from Active to Open Rebuttal.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110046799

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX. Verified assets of $XXX (pg XXX) are not sufficient to cover reserves. Borrower funds to close $XXX (pg XXX) match HUD on page XXX.;

XX/XX/XXXX - Exception Resolved; XX/XX/XXXX - Lender provided updated bank stmt for XXX #XXX + #XXX (XXX). Verify updated.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - Exception remains: Borrower is still short reserves. Funds to close is $XXX and reserves required are $XXX. Verified assets are $XXX.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110046799

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Note Document Indicator is Partial

XX/XX/XXXX - Note document indicator is Partial. The note (pg XXX) and mortgage (pg XXX) reflect loan amount of $XXX. HUD (pg XXX) reflects loan amount of $XXX.;

XX/XX/XXXX - Change status of 'Note Document Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided corrected Note and Mortgage reflecting $XXX loan amount.;

XX/XX/XXXX - Note document indicator is Present; XX/XX/XXXX - Change status of 'Note Document Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided corrected Note and Mortgage reflecting $XXX loan amount.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110046799

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Security Instrument Indicator is Partial

XX/XX/XXXX - The security instrument indicator is Partial. The note (pg XXX) and mortgage (pg XXX) reflect loan amount of $XXX. HUD (pg XXX) reflects loan amount of $XXX.;

XX/XX/XXXX - Change status of 'Security Instrument Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided corrected Note and Mortgage reflecting XXX loan amount.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The security instrument indicator is Present; XX/XX/XXXX - Lender provided corrected Note and Mortgage reflecting $XXX loan amount.; XX/XX/XXXX - Change status of 'Security Instrument Indicator is Partial' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110046817

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Title Policty is Partial

XX/XX/XXXX - Title policy is Partial - title prelim missing loan amount coverage; lender to provide final title policy with loan amount coverage XXX $ XXX; (per XXX page XXX). * Exception resolved.;

XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided final title policy with coverage amount.;

XX/XX/XXXX - Title policy is Present; XX/XX/XXXX - Lender provided final title policy with coverage amount.; XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Open Rebuttal.

110046827

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Evidence of Rate Lock Provided

110046827

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

110046827

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: High risk indicators have not been cleared.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Exception resolved. High alerts cleared.

110046827

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Acknowledged

Second Appraisal is Missing

XX/XX/XXXX - Exception resolved. Approved lender exception provided to allow a CDA and not require a XXX full appraisal.; XX/XX/XXXX - Change severity of 'Second Appraisal is Missing' from Material to Non-Material.; XX/XX/XXXX - Change status of 'Second Appraisal is Missing' from Active to Acknowledged by Client.; XX/XX/XXXX - Lender provided same CDA (desk review) as in original file for review on XXX. Loan amount is greater than $XXX which requires a XXX full appraisal. Please provide XXX full XXX appraisal as required per guidelines.; XX/XX/XXXX - The second appraisal is Missing. Two full appraisals are required when loan amount > $XXX million.;

XX/XX/XXXX - Change severity of 'Second Appraisal is Missing' from Material to Non-Material.; XX/XX/XXXX - Exception resolved. Approved lender exception provided to allow a CDA and not require a Xnd full appraisal.; XX/XX/XXXX - Change status of 'Second Appraisal is Missing' from Active to Acknowledged by Client.; XX/XX/XXXX - Lender provided same CDA (desk review) as in original file for review on XXX. Loan amount is greater than $XXX which requires a Xnd full appraisal. Please provide XXX full XXX appraisal as required per guidelines.; XX/XX/XXXX - The second appraisal is Missing. Two full appraisals are required when loan amount > $XXX million.

110046923

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110046923

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declarations section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

110047001

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Effective Date is after the Note Date

XX/XX/XXXX - HOI pg XXX / Note pg XXX / Transaction date pg XXX (XX/XX/XXXX).; XX/XX/XXXX - The hazard insurance effective date of XX/XX/XXXX is after the note date of XX/XX/XXXX;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided updated Settlement Stmt with amended Closing (XX/XX/XXXX) and Disbursement (XX/XX/XXXX) date. To cure HOI effective date.

110047087

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: High risk indicators for borrower and participant detail reports have not been cleared.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Exception resolved. Cleared alerts provided.

110047172

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete:; XX/XX/XXXX - Section XXX of the NONI Guidelines dated XX/XX/XXXX states, "All bank statements used to verify assets used for income, down payment, closing costs, and reserves require validation through a third-party service provider." Provide third-party service provider validation for accounts utilized for down payment and closing costs.;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved. VOD provided.

110047172

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Security Instrument Indicator is Partial

XX/XX/XXXX - The security instrument indicator is Present; XX/XX/XXXX - Exception resolved. Certificate of Fact provided. Lender provided LOE stating this is what XXX issues which is in place of cert of good standing.; XX/XX/XXXX - Exception remains: Lender provided XXX operating agreement. Please provide certificate of good standing from the XXX Office as required by section XXX of NONI guidelines dated XX/XX/XXXX.

110047182

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial: Section XXX of the XXX Guidelines dated XX/XX/XXXX states "An Undisclosed Debt Monitoring report dated within XXX days of closing is required". Provide report.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110047242

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial; XX/XX/XXXX - Declarations section on page XXX of final loan application incomplete. ;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110047242

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Declarations section on page X of final loan application incomplete. * Exception Resolved.;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided fully completed, executed, final XXXX.;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided fully completed, executed, final XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

110047242

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.;

110047242

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Provide XX-month mortgage history for XXX (primary residence). XXX verifies XXX months of mortgage history from XX/XX/XXXX to XX/XX/XXXX. If property owned less than XXX months, provide evidence of acquisition date. If property is held free and clear prior to loan with XXX, provide evidence to verify. Additionally, Section XXX of the XXX Guidelines dated XX/XX/XXXX indicate a private party VOM is not acceptable. Section XXX furthers advises that hard money/private party loans XXX be verified through a credit supplement or cancelled checks or bank statements/transaction histories. Provide documentation required by guidelines for XXX loan. ; XX/XX/XXXX - Housing history does not meet guidelines.;

XX/XX/XXXX - Lender provided LOE for housing history. VOM (pg XXX origination package) for XXX (pg XXX orig pckg) for previous primary (XXX). Complete mtg history. XXX being previous primary clears exception. ; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception Resolved.; XX/XX/XXXX - Lender provided LOE for housing history. VOM (pg XXX origination package) for XXX + XXX (pg XXX orig pckg) for previous primary (XXX). Complete mtg history. XXX being previous primary clears exception. ; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

110047290

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

DSCR is less than guideline minimum

XX/XX/XXXX - Qualifying DSCR of XXX meets guideline requirement.; XX/XX/XXXX - Qualifying DSCR of XXX is less than guideline minimum requirement of XXX.;

XX/XX/XXXX - Qualifying DSCR of XXX meets guideline requirement.; XX/XX/XXXX - Qualifying DSCR of XXX is less than guideline minimum requirement of XXX.

110047290

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

HAZARD INSURANCE CERTIFICATE MISSING

XX/XX/XXXX - No hazard insurance information was found during audit review. Lender please provide. ;

XX/XX/XXXX - Lender provided HOI policy Dec Page; XX/XX/XXXX - Change status of 'HAZARD INSURANCE CERTIFICATE MISSING' from Active to Open Rebuttal.;

XX/XX/XXXX - Received copy of hazard insurance certificate; XX/XX/XXXX - Lender provided HOI policy XXX Page; XX/XX/XXXX - Change status of 'HAZARD INSURANCE CERTIFICATE MISSING' from Active to Open Rebuttal.

110047290

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Lender provided HOI policy Dec Page with sufficient coverage; XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.;

XX/XX/XXXX - Hazard insurance coverage is sufficient.; XX/XX/XXXX - Lender provided HOI policy XXX Page with sufficient coverage; XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.

110047352

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

110047388

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Acknowledged

eSigned Documents Consent is Missing

XX/XX/XXXX  - Change status of 'eSigned Documents Consent is Missing' from Active to Acknowledged by Client.; XX/XX/XXXX  - From the Lender :

The seller has come back to request a waiver for missing E-consent disclosure condition on this loan.

After review of file images, the borrower hand signed all documents at closing, including the Note, DOT, all disclosures.

The only items I located in the file e-signed were a Credit report explanation, a use of proceeds I believe and a LOE from borrower’s parents indicating she lived rent free with them prior to this loan.

Given the above, is this enough to clear the condition with all closing documents actually hand signed?  If not, does condition still need our approval to downgrade with comp factors?

Please advise when you have an opportunity and thanks for your help.
; XX/XX/XXXX  - Change severity of 'eSigned Documents Consent is Missing' from Material to Non-Material.; XX/XX/XXXX  - The eSigned documents consent is Not Applicable.; XX/XX/XXXX  - The eSigned documents consent is Missing.;

XX/XX/XXXX - Change status of 'eSigned Documents Consent is Missing' from Active to Acknowledged by Client.; XX/XX/XXXX - From the Lender :

The seller has come back to request a waiver for missing E-consent disclosure condition on this loan.

After review of file images, the borrower hand signed all documents at closing, including the Note, DOT, all disclosures.

The only items I located in the file e-signed were a Credit report explanation, a use of proceeds I believe and a LOE from borrower’s parents indicating she lived rent free with them prior to this loan.

Given the above, is this enough to clear the condition with all closing documents actually hand signed? If not, does condition still need our approval to downgrade with comp factors?

Please advise when you have an opportunity and thanks for your help.
;

XX/XX/XXXX  - Change severity of 'eSigned Documents Consent is Missing' from Material to Non-Material.; XX/XX/XXXX  - From the Lender :&#xXD;
&#xXD;
The seller has come back to request a waiver for missing E-consent disclosure condition on this loan.&#xXD;
&#xXD;
After review of file images, the borrower hand signed all documents at closing, including the Note, DOT, all disclosures.&#xXD;
&#xXD;
The only items I located in the file e-signed were a Credit report explanation, a use of proceeds I believe and a LOE from borrower’s parents indicating she lived rent free with them prior to this loan.&#xXD;
&#xXD;
Given the above, is this enough to clear the condition with all closing documents actually hand signed?  If not, does condition still need our approval to downgrade with comp factors?&#xXD;
&#xXD;
Please advise when you have an opportunity and thanks for your help.&#xXD;
; XX/XX/XXXX  - Change status of 'eSigned Documents Consent is Missing' from Active to Acknowledged by Client.; XX/XX/XXXX  - The eSigned documents consent is Not Applicable.; XX/XX/XXXX  - The eSigned documents consent is Missing.

110047388

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Lender provided copy of final XXX; XX/XX/XXXX - Final Loan Application is Present

110047388

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Exception resolved. Alerts cleared.; XX/XX/XXXX - Exception remains: Lender provided evidence of risk indicators XXX & XXX cleared, however risk indicators XXX & XXX are not cleared. Provide evidence risk indicators XXX & XXX are cleared (hits for custom watch list).; XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: High Risk Indicators XXX & XXX have not been cleared.;

110047388

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Intent to Proceed is Missing

XX/XX/XXXX - The intent to proceed is Missing;

XX/XX/XXXX - Lender provided copy of intent to proceed

110047402

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Section X.X.X of the XXX Guidelines dated XX/XX/XXXX discusses XXX documentation requirements. Provide articles of organization, SS-X form listing tax ID number, and certificate of good standing from the applicable Secretary of State's office.;

XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Article of Organization, Form SS-X, and letter of good standing from the state.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided Article of Organization, Form SS-X, and letter of good standing from the state.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

110047402

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Declarations section on page XXX of final loan application incomplete. ; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Final Loan Application is Present

110047402

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Origination Appraisal is Partial.; XX/XX/XXXX - Site section of the appraisal indicates subject property located on private street. Provide documentation to meet requirements for privately maintained streets listed in Section BX-X.X-XX of the XXX Selling Guide.;

XX/XX/XXXX - Lender provided Maintenance agreement.; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Lender provided Maintenance agreement.; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.

110047440

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial The declarations on page XXX are incomplete. The Borrower did not answer "is the applicant and/or co-applicant a party to a lawsuit". ;

XX/XX/XXXX - Final Loan Application is Present

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110047447

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Active

Title Issues Present

XX/XX/XXXX - The following issues were noted: lender to provide final title to verify the following prior liens removed: items: #XX XXX in favor of XXX; #XX- tax sale cert # XX-XXXXX. Lender to provide satisfactory discharge of tax sale certificate #XX-XXXXX.;

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110047480

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. Per guidelines, section XXX first time homebuyers are not eligible on the NONI product. LOE (pg XXX) in the loan file indicates borrower has lived rent free with his mom for the past XXX years and address at XXX is a mailing address, however the fraud report (pg XXX) indicates borrower has ownership in property at XXX. Provide evidence of property ownership in past XXX years for a minimum of XXX months. Unable to determine if borrower qualifies for NONI product. Additional conditions may apply.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of deed to verify borrower had ownership interest in the last XXX months.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided copy of deed to verify borrower had ownership interest in the last XXX months.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains: Lender provided closing statement for XXX which reflects a payoff to XXX mortgage. Provide evidence of XXX month payment history. Guidelines require proof of ownership for a minimum of XXX months.

110047498

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Originator NMLS Status is Not Found

XX/XX/XXXX - The originator NMLS status is Not Found. Missing loan originator name.;

XX/XX/XXXX - The originator NMLS status is Active

110047577

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - It appears the Lender did not include the mortgage payment for the departure residence at XXX. Audit added $XXX/month to DTI. ; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.;

XX/XX/XXXX - Lender provided an approved exception for DTI exceeding guideline max.; XX/XX/XXXX - Change status of 'Qualifying DTI exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Qualifying DTI exceeds Guideline Maximum Allowable' from Material to Non-Material.

110047661

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Evidence of Rate Lock Provided

110047661

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.
;

XX/XX/XXXX - Final Loan Application is Present

110047725

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. Guidelines XXX require an undisclosed debt monitoring report dated within XXX days of closing. ;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110047725

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: Participant Detail Report risk indicators XXX (pg XX) have not been cleared.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated Fraud Alert.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Lender provided updated Fraud Alert.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110047725

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Originator NMLS is Not Active

XX/XX/XXXX - The originator NMLS status is Not Active: Missing loan originator name and NMLS.;

XX/XX/XXXX - The originator NMLS status is Active

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110047725

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Security Instrument Indicator is Partial

XX/XX/XXXX - The security instrument indicator is Partial: Missing prepayment penalty addendum.;

XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Security Instrument Indicator is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The security instrument indicator is Present; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Security Instrument Indicator is Partial' from Active to Open Rebuttal.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110047736

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Second Appraisal is Missing

XX/XX/XXXX - The second appraisal is Missing. Section X.X of guidelines require XXX appraisals for loan amounts > $XXX. * XXX EXCEPTION REMAINS: Lender provided same appraisal as the one in original imaged file reviewed by Auditor.;

XX/XX/XXXX - Change status of 'Second Appraisal is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Appraisal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The second appraisal is Present; XX/XX/XXXX - Change status of 'Second Appraisal is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Appraisal.; XX/XX/XXXX - EXCEPTION REMAINS: Lender provided same appraisal as the one in original imaged file reviewed by Auditor.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110047742

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Evidence of Rate Lock Provided

110047742

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Initial Loan Application is Missing

XX/XX/XXXX - Missing Copy of Initial Loan Application;

XX/XX/XXXX - Received copy of initial loan application

110047829

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Originator NMLS is Not Active

XX/XX/XXXX - The originator NMLS status is Not Active: XXX is not licensed in the state of XXX. ;

XX/XX/XXXX - The originator NMLS status is Active

110047858

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Borrower liabilities verified indicator is Partial: Guidelines XXX require an undisclosed debt monitoring report dated within XXX days of closing. ;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Borrower liabilities verified indicator is Partial: Guidelines XXX require an undisclosed debt monitoring report dated within XXX days of closing.

110047858

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: Participant Detail Report risk indicator #X (pg XX) has not been cleared.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated Fraud Report.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Lender provided updated Fraud Report.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

110047858

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Originator NMLS is Not Active

XX/XX/XXXX - The originator NMLS status is Not Active: Per the NMLS the Broker is not approved to do business in XXX. ;

XX/XX/XXXX - The originator NMLS status is Active

110047882

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Fully Executed Purchase Contract is Partial

XX/XX/XXXX - Section XXX of the NONI Guidelines dated XX/XX/XXXX states, "Transactions involving a XXX exchange must meet the following requirements: Sales contract for the sold property along with the XXX exchange agreement must be provided." Provide required documentation.; XX/XX/XXXX - The fully executed purchase contract is Partial;

XX/XX/XXXX - Change severity of 'Fully Executed Purchase Contract is Partial' from Material to Non-Material.; XX/XX/XXXX - Lender provided approved exception to waive the XXX exchange agreement; XX/XX/XXXX - Change status of 'Fully Executed Purchase Contract is Partial' from Active to Acknowledged by Client.

110047882

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Note Document Indicator is Partial

XX/XX/XXXX - Promissory Note indicates Borrower is XXX. Section XXX of the NONI Guidelines dated XX/XX/XXXX requires a certificate of good standing from the applicable Secretary of State's office. State Corporation Commission search (page XXX) is not equivalent to certificate of good standing.;

XX/XX/XXXX - Change status of 'Note Document Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Commission cert of fact and the company is in existence in XXX. ;

XX/XX/XXXX - Note document indicator is Present; XX/XX/XXXX - Lender provided Commission cert of fact and the company is in existence in XXX. ; XX/XX/XXXX - Change status of 'Note Document Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains: Lender provided copy of State Corporation Commission. Need evidence of certificate of good standing.; XX/XX/XXXX - Exception remains: Lender provided copy of mortgage.

110047882

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Security Instrument Indicator is Missing

XX/XX/XXXX - The security instrument indicator is Missing;

XX/XX/XXXX - Change status of 'Security Instrument Indicator is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX Instrument. ;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The XXX instrument indicator is Present; XX/XX/XXXX - Lender provided XXX Instrument. ; XX/XX/XXXX - Change status of 'XXX Instrument Indicator is Missing' from Active to Open Rebuttal.

110048042

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete:; XX/XX/XXXX - X) Section XXX of the NONI Guidelines dated XX/XX/XXXX states, "All bank statements used to verify assets used for income, down payment, closing costs, and reserves require validation through a third-party service provider.
X) Letter of explanation (page XXX) indicates $XXX deposit on XX/XX/XXXX was transfer from XXX account ending #XXX to XXX account ending #XXX. Notice of Hold from XXX (page XXX) indicates a check was deposited. Provide copy of check to source funds.;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided source of funds.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided source of funds.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

110048042

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - FraudPlus report dated XX/XX/XXXX (page XXX) indicates Borrower owns XXX. Property is not listed on final loan application as real estate owned. Provide documentation to verify if property owned by Borrower. If property is owned by Borrower, provide XXX month mortgage history.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided verification.;

110048042

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Evidence of Rate Lock Provided

110048042

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. Declarations section on page XXX of final commercial loan application incomplete. ;

XX/XX/XXXX - Final Loan Application is Present

110048042

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Flood Certificate is Partial

XX/XX/XXXX - Provide flood certificate with unit number added to determination address.;

XX/XX/XXXX - Change status of 'Flood Certificate is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Flood Cert with corrected property address.;

XX/XX/XXXX - Flood certificate is received. Exception resolved.; XX/XX/XXXX - Lender provided Flood Cert with corrected property address.; XX/XX/XXXX - Change status of 'Flood Certificate is Partial' from Active to Open Rebuttal.

110048091

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - no COC for XXX party broker fee added to LE XX/XX/XXXX;

XX/XX/XXXX - This loan passed the charges that cannot increase test. (XXX CFR §XXX(e)(X)(i))The loan contains charges that do not exceed the good faith determination according to §XXX(e)(X)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(X)(i).; XX/XX/XXXX - EXCEPTION REMAINS: Lender to provide a copy of the full disclosure tracker summary so we can verify the dates that the borrower acknowledged the disclosures.; XX/XX/XXXX - Exception remains: COC provided does not reflect increase of processing fee of $XXX.; XX/XX/XXXX - This loan failed the charges that cannot increase test. (XXX CFR §XXX(e)(X)(i))The loan contains charges that exceed the good faith determination according to §XXX(e)(X)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(X)(i).

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110048091

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date Validation Test

XX/XX/XXXX - EXCEPTION REMAINS: Lender to provide a copy of the full disclosure tracker summary so we can verify the dates that the borrower acknowledged the disclosures.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110048091

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

XX/XX/XXXX - This loan failed the reimbursement amount test. (XXX CFR Â§XXX(f)(X)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX. Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under Â§XXX(e)(X)(i) or (ii), the creditor complies with Â§XXX(e)(X)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with Â§XXX(f)(X)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.

XX/XX/XXXX - EXCEPTION REMAINS: Lender to provide a copy of the full disclosure tracker summary so we can verify the dates that the borrower acknowledged the disclosures.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110048116

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Origination Appraisal is Partial.; XX/XX/XXXX - Section XXX of the NONI Guidelines dated XX/XX/XXXX requires proof the appraisal was delivered to the borrower when an appraisal is transferred from another lender. Provide documentation to verify appraisal was delivered to borrower.;

XX/XX/XXXX - Exception was cleared; XX/XX/XXXX - Origination appraisal is Present.

110048131

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

110048131

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: High risk indicators have not been cleared.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated Fraud Report / High Alert cleared.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared. Exception Resolved.; XX/XX/XXXX - Lender provided updated Fraud Report / High Alert cleared.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

110048144

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

ATR/QM Status is Pending

XX/XX/XXXX - ATR/QM Status is pending. Noted documentation is required per Appendix Q.;

XX/XX/XXXX - NQM

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

110048144

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Per Guidelines, Section XXX: Product Eligibility: The CPA letter did not state as required, the business/applicant are active and/or in good standing. The Secretary of State Annual Report Status (pg XXX) provided by lender shows the business is active, however not in good standing for failure to file annual report.;

XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided documentation including XXX letter.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

110048144

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial.
X. Missing evidence of the subject property tax obligation used in qualification.
X. A soft pull dated within XXX calendar days of funding or undisclosed monitoring through the funding date must be provided with the closed loan package.
;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Updated Guidelines provided.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Updated Guidelines provided.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110048264

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval: Missing Lender's bank statement calculation worksheet.;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Acknowledged by Client.; XX/XX/XXXX - Lender provided their bank statement calc worksheet. Matches qualifying income. Auditor calcs were XXX so income/ratios acceptable, verified. ; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Acknowledged by Client to Open Rebuttal.;

XX/XX/XXXX - The borrower income verification does match approval. Exception resolved.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Acknowledged by Client to Open Rebuttal.; XX/XX/XXXX - Lender provided their bank statement calc worksheet. Matches qualifying income. Auditor calcs were XXX so income/ratios acceptable, verified. ; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Acknowledged by Client.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110048264

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: Risk Indicator #X-XXX-hit for custom watchlist.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated Fraud Report with clear for the high alert.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared. Exception resolved.; XX/XX/XXXX - Lender provided updated Fraud Report with clear for the high alert.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110048266

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

110048266

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Initial Loan Application is Missing

XX/XX/XXXX - Missing Copy of Initial Loan Application;

XX/XX/XXXX - Received copy of initial loan application

110048353

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product not Provided.

XX/XX/XXXX - Change severity of 'Third Party Valuation Product not Provided.' from Material to Non-Material.; XX/XX/XXXX - CU risk score is not provided but XXX full appraisals have been completed on this property and both are in the file. ; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Exception NA; XX/XX/XXXX - Third Party Valuation Product Provided

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

110048353

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

UCDP Summary Report is Missing

XX/XX/XXXX - Change severity of 'UCDP Summary Report is Missing' from Material to Non-Material.; XX/XX/XXXX - The SSR indicator is Missing; XX/XX/XXXX - This mortgage requires XXX full appraisals and this requirement has been met. Although the UCDP is not present to determine the CU risk score, the requirement for XXX appraisals has been met.;

XX/XX/XXXX - Change status of 'UCDP Summary Report is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - N/A. X Appraisals. Was Non-Material.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The SSR indicator is Present; XX/XX/XXXX - N/A. XXX Appraisals. Was Non-Material.; XX/XX/XXXX - Change status of 'UCDP Summary Report is Missing' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

110048354

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Declarations section and residency status on page X of final loan application incomplete. Provide updated application with residency status and declarations completed. ;

XX/XX/XXXX - Final Loan Application is Present

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110048354

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Hazard insurance indicator is Partial; XX/XX/XXXX - Provide certificate of property insurance for PUD project (page XXX) with name of borrower and subject property address added.;

XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided update to PUD policy. Borrower name, loan #, and address added to page two.;

XX/XX/XXXX - Hazard insurance indicator is Present. Exception Resolved.; XX/XX/XXXX - Lender provided update to PUD policy. Borrower name, loan #, and address added to page XXX.; XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110048354

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines.; XX/XX/XXXX - Section XXX of the NONI Guidelines dated XX/XX/XXXX states, "All first-time investors must have a satisfactory consecutive XXX-month mortgage history in the twelve months prior to loan application (otherwise see XXX No Housing History)." Section XXX No Housing History of the NONI Guidelines dated XX/XX/XXXX states, "No housing history is acceptable if: The borrower lives in a marital home that is owned or leased by the spouse, the mortgage or rent on the martial home must be current as evidence by a minimum of a XXX-month rating." Letter of explanation (page XXX) dated XX/XX/XXXX advises borrower lived rent-free with family prior to purchase of current primary residence, XXX, XXX, in XX/XXXX. Housing history guidelines not met.;

XX/XX/XXXX - Lender provided approved exception for housing history less than XXX months. Saved in Trailing Docs Folder (XXX).; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110048424

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval. File is missing Bank Statement for XX/XX/XXXX to XX/XX/XXXX for XXX account # ending in XXX.;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided complete bank statement for account and dates requested.;

XX/XX/XXXX - The borrower income verification does match approval. Exception Resolved.; XX/XX/XXXX - Lender provided complete bank statement for account and dates requested.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

110048424

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Higher-Priced Mortgage Loan Right to Receive Appraisal Disclosure Alert (12 CFR 1026.35(c)(5)).

XX/XX/XXXX - File shows appraisal received by borrower but is missing the initial "Right to Receive Appraisal" Disclosure.; XX/XX/XXXX - Loan is a Higher-Priced Mortgage Loan and Borrower's Right to Receive Appraisal Disclosure was not provided.;

XX/XX/XXXX - Change status of 'Higher-Priced Mortgage Loan Right to Receive Appraisal Disclosure Alert (XXX CFR XXX(c)(XXX)).' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Appraisal/Valuation Acknowledgment.;

XX/XX/XXXX - Loan is a Higher-Priced Mortgage Loan and Borrower's Right to Receive Appraisal Disclosure provided. * Exception Resolved.; XX/XX/XXXX - Lender provided Appraisal/Valuation Acknowledgment.; XX/XX/XXXX - Change status of 'Higher-Priced Mortgage Loan Right to Receive Appraisal Disclosure Alert (XXX CFR XXX(c)(XXX)).' from Active to Open Rebuttal.

110048429

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Second Appraisal is Missing

XX/XX/XXXX - Per the guidelines, this mortgage requires XXX independent appraisals. The XXX checklist on page XXX indicates that XXX appraisals have been done; however, the XXX appraisals in the file are all from the same appraiser; XXX are in the credit package, pp. XXX and XXX and one is in a separate file. All XXX appraisals are the same. The XXX appraisal was not located in the file. ; XX/XX/XXXX - The XXX appraisal is Missing;

XX/XX/XXXX - Lender provided Appraisal by different appraiser/firm. XXX value on this appraisal of $XXX.; XX/XX/XXXX - Change status of 'XXX Appraisal is Missing' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The second appraisal is Present; XX/XX/XXXX - Lender provided Appraisal by different appraiser/firm. XXX value on this appraisal of $XXX.; XX/XX/XXXX - Change status of 'Second Appraisal is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - EXCEPTION REMAINS: Lender provided the same appraisal that already has three copies in the original imaged file. Appraisal in file performed XX/XX/XXXX, for $XXX, by XXX.&#xXD;
&#xXD;
Still need second, independent appraisal, based on loan amount.

110048574

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Provide certificate of good standing from the applicable Secretary of State's office. XXX search (page XXX) is not sufficient. ;

XX/XX/XXXX - Lender provided verification.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided verification.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110048574

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Declarations section on page XXX of final loan application incomplete. ;

XX/XX/XXXX - Final Loan Application is Present

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110048574

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - Section XXX.X of the XXX Guidelines dated XX/XX/XXXX state, "No housing history is acceptable if: The borrower lives in a marital home that is owned or leased by the spouse, the mortgage or rent on the martial home must be current as evidence by a minimum of a XXX-month rating." Borrower is living rent free with his XXX per letter of explanation. No mortgage history for residence of XXX. No exception in file to allow non-marital home to meet housing history requirement.; XX/XX/XXXX - Borrower is living rent-free with XXX and there is no exception in file.;

XX/XX/XXXX - Lender granted exception for rent free housing history.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110048574

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Is Completion Certificate in file is No

XX/XX/XXXX - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.; XX/XX/XXXX - Appraisal completed subject to repairs due to security bars on all bedroom windows. Provide Form XXX.;

XX/XX/XXXX - Change status of 'Is Completion Certificate in file is No' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Processor Certification with photos showing security bars removed.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The Completion Certificate is Yes; XX/XX/XXXX - Lender provided Processor Certification with photos showing security bars removed.; XX/XX/XXXX - Change status of 'Is Completion Certificate in file is No' from Active to Open Rebuttal.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110048601

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: Section XXX of the XXX guidelines dated XX/XX/XXXX advises the signed gift letter must advise the "date funds were transferred or, if not transferred prior to closing must state funds will be sent to the closing agent." Gift letter from XXX (page XX) does not include required information. Bank statement verifying source of gift lists XXX. Provide documentation to verify donor hold ownership in XXX. Also provide one of the acceptable forms of documentation listed in Section XXX of XXX guidelines dated XX/XX/XXXX to verify transfer of funds to borrower or settlement agent. Deposit of gift funds not reflected on borrowers' bank statements.;

XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided documentation of Gift funds.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

110048601

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial; XX/XX/XXXX - XXX report (page XXX) indicates Borrowers own XXX. Property is not listed as XXX on final loan application. Provide documentation to verify if property is owned by Borrowers. If property is owned by Borrowers, provide documentation to verify PITIA expense. ;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - XXX report (page XXX) indicates Borrowers own XXX. Property is not listed as XXX on final loan application. Provide documentation to verify if property is owned by Borrowers. If property is owned by Borrowers, provide documentation to verify PITIA expense.

110048601

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

CoBorrower Liabilities Verified Indicator is Partial

XX/XX/XXXX - Section XXX of the XXX guidelines dated XX/XX/XXXX states, "An Undisclosed Debt Monitoring report dated within XXX days of closing is required." Provide Undisclosed Debt Monitoring report.; XX/XX/XXXX - CoBorrower liabilities verified indicator is Partial;

XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'CoBorrower Liabilities Verified Indicator is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - CoBorrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'CoBorrower Liabilities Verified Indicator is Partial' from Active to Open Rebuttal.

110048601

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Declarations section on page X of final loan application incomplete.; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided pg X of Final XXX with declarations completed.;

XX/XX/XXXX - Final Loan Application is Present. Exception resolved.; XX/XX/XXXX - Lender provided pg XXX of Final XXXX with declarations completed.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

110048601

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Provide documentation to verify XXX month payment history for loan payoff of $XXX reflected on XXX (page XX) for the sale of XXX on XX/XX/XXXX. ;

XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.;

XX/XX/XXXX - Housing delinquency meets guidelines. Land Only - no mortgage.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

110048601

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Originator NMLS Status is Not Found

XX/XX/XXXX - The originator NMLS status is Not Found; XX/XX/XXXX - Provide loan originator and broker company NMLS ID numbers.;

XX/XX/XXXX - The originator NMLS status is Active

110048601

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Transmittal Summary is Partial

XX/XX/XXXX - The transmittal summary is Partial; XX/XX/XXXX - Occupancy noted as Investment on XXX, final loan application, and loan approval. Borrower Contact Consent Form (page XXX) lists subject property for mailing address. Certification of Non-Owner Occupancy and Indemnity (page XXX) notes principal residence as XXX (subject property). Subject property Is substantially larger than XXX (XXX sq ft vs. XXX sq ft).;

XX/XX/XXXX - Change status of 'Transmittal Summary is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX for XXX.;

XX/XX/XXXX - The transmittal summary is Present; XX/XX/XXXX - Lender provided Cert of XXX for XXX.; XX/XX/XXXX - Change status of 'Transmittal Summary is Partial' from Active to Open Rebuttal.

110048601

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Change severity of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Underwriting CLTV of XXX% is greater than the maximum allowable guideline CLTV of XXX% based on a loan amount of $XXX and value used for LTV of $XXX. Lender exception granted for LTV of XXX% (page XXX). ;

XX/XX/XXXX - Lender exception granted for CLTV of XXX% (page XXX). ; XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.

110048601

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Change severity of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Underwriting LTV of XXX% is greater than the maximum allowable guideline LTV of XXX% based on a loan amount of $XXX and value used for LTV of $XXX. Lender exception granted for LTV of XXX% (page XXX). ;

XX/XX/XXXX - Lender exception granted for LTV of XXX% (page XXX). ; XX/XX/XXXX - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.

110048670

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Evidence of Rate Lock Provided

110048671

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Evidence of Rate Lock Provided

110048812

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard insurance coverage is sufficient. Exception Resolved.; XX/XX/XXXX - Exception remains: LOE provided stating FL statute states no one may require an RCE. Provide HOI dec page with increased coverage to support loan amount.

110048812

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Third Party Valuation Product Provided

110048812

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

XX/XX/XXXX - Third Party Valuation Product Not Provided and CU Score is XXX.;

XX/XX/XXXX - Exception resolved. CDA provided.; XX/XX/XXXX - Third Party Valuation Product Provided.

110048824

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Appraisal document in the name of XXX and dated XX/XX/XXXX, prior to loan application date; missing appraisal transfer document to mortgage broker XXX and/or lender.; XX/XX/XXXX - Origination Appraisal is Partial.;

XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Appraisal Assignment of Transfer.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Lender provided Appraisal Assignment of Transfer.; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX years - Borrower Years On Job Exceeds XXX years

110048863

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval. Missing XXX Statement(s) #XXX, XX/XX/XXXX, and XX/XX/XXXX correlating statements sourcing transfers from XXX #XXX, or #XXX as applicable.
;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided bank statements.;

XX/XX/XXXX - The borrower income verification does match approval; XX/XX/XXXX - Lender provided bank statements.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110048863

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. Occupancy discrepancy on the Application. Section X: Declarations, question A is marked NO on an owner occupied property. ;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided corrected Section XXX for Final XXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided corrected Section XXX/Occupancy for Final XXXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110048863

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Initial Credit Application is Partial

XX/XX/XXXX - Initial credit application is Partial. Occupancy discrepancy on the Application. Section XXX: Declarations, question A is marked NO on an owner occupied property. ;

XX/XX/XXXX - Change status of 'Initial Credit Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated XXX with declarations section corrected.;

XX/XX/XXXX - Initial credit application is Present; XX/XX/XXXX - Lender provided updated XXX with declarations section corrected.; XX/XX/XXXX - Change status of 'Initial Credit Application is Partial' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110048912

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Appraisal indicates all three units of subject property are vacant. Rent schedule lists four units with actual rents listed. Photos verify subject property is vacant. Provide appraisal with corrected actual rent and opinion of market rent information for accurate DSCR calculation.; XX/XX/XXXX - Origination Appraisal is Partial.;

XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated market rent for the legal XXX units.;

XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Lender provided updated market rent for the legal XXX units.; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.

110048964

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Declarations section on page XXX of final loan application incomplete. ; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Final Loan Application is Present

110048964

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - X) XXX statement for loan ending #XXX (page XXX) indicates loan is secured by primary residence, XXX. Loan does not appear on credit report. Provide XXX-month payment history. If loan originated less than XXX months ago, provide documentation to verify origination date.
X) Provide XXX-month payment history for mortgage loan(s) secured by XXX. Credit report and statements verify four payments on XXX loan from XX/XX/XXXX to XX/XX/XXXX. Provide evidence of payment history for prior loan to complete XXX-month payment history, or provide evidence of acquisition date for property.; XX/XX/XXXX - Housing history does not meet guidelines.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided commentary to support clearing #1. Complete mortgage history, for primary, between XXX and previous (XXX #XXX) reporting on credit bureau.

#2 cleared with Lender providing support that XXX was purchased XX/XX/XXXX. Pmt stmts in file starting with pg XXX.;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception Resolved.; XX/XX/XXXX - Lender provided commentary to support clearing #XXX. Complete mortgage history, for primary, between XXX Loan Mtg and previous (XXX #XXX) reporting on credit bureau.&#xXD;
&#xXD;
#X cleared with Lender providing support that Plumpoint was purchased XX/XX/XXXX. Pmt stmts in file starting with pg XXX.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

110048978

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Credit Report Indicator is Partial

XX/XX/XXXX - Letter of explanation from Borrower XXX (XXX) on page XXX of loan file advises her credit was pulled on XX/XX/XXXX and XX/XX/XXXX. XXX indicates qualifying credit score was XXX. None of the credit reports in file have a mid-score of XXX. Provide Borrower XXX's credit report dated XX/XX/XXXX.; XX/XX/XXXX - Borrower credit report indicator is Partial;

XX/XX/XXXX - Change status of 'Borrower Credit Report Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XX/XX/XXXX credit report.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower credit report indicator is Present; XX/XX/XXXX - Lender provided XXX credit report.; XX/XX/XXXX - Change status of 'Borrower Credit Report Indicator is Partial' from Active to Open Rebuttal.

110048978

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Missing

XX/XX/XXXX - Provide final loan application for Borrower XXX; XX/XX/XXXX - Final loan application is Missing;

XX/XX/XXXX - Change status of 'Final Loan Application is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided final app for XXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Final loan application is Present; XX/XX/XXXX - Lender provided final app for BX.; XX/XX/XXXX - Change status of 'Final Loan Application is Missing' from Active to Open Rebuttal.

110049111

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110049111

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. Declarations section of the final XXX is not complete. *Exception Resolved.;

XX/XX/XXXX - Lender provided completed XXX. ; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided completed XXX. ; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

110049111

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: Borrower Detail Report risk indicators XXX; XXX have not been cleared.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

110049112

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: Gift letter, pg XX, and XXX bank account, pgs XXX-XXX, are in the loan file, for proof they have ability to donate. Missing evidence of receipt of gift funds by title company for funds to close.;

XX/XX/XXXX - Lender provided proof of wires, to settlement agent, to support both gifts. Assets/Reserves verified.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Lender provided proof of wires, to settlement agent, to support both gifts. Assets/Reserves verified.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

110049112

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided their Bank Statement Calculation Worksheet. Origination and Auditor calcs now supported/documented. Placed note in Auditor's XXX Calculation Worksheet. ; XX/XX/XXXX - The borrower income verification does match approval. Exception resolved.; XX/XX/XXXX - The borrower income verification does not match approval: Missing Lender bank statement calculation worksheet.;

XX/XX/XXXX - The borrower income verification does match approval. Exception resolved.; XX/XX/XXXX - Lender provided their Bank Statement Calculation Worksheet. Origination and Auditor calcs now supported/documented. Placed note in Auditor's XXX Calculation Worksheet. ; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - The borrower income verification does not match approval: Missing Lender bank statement calculation worksheet.

110049112

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. * Current/previous address info doesn't match LOE's + rent payments. XXX (pg XX) states XXX years at current (XXX $XXX per month). See LOEs pgs XXX + XX. Pg XXX states at XXX XX/XX/XXXX - XX/XX/XXXX. Pg XXX states at XXX XX/XX/XXXX - XX/XX/XXXX. Doesn't support XXX years at XXX per XXXX.

Rent pmts provided for XXX months but none are for $XXX. Does support XXX months no lates. Pgs XXX / XX-XXX. Who rent was paid to did change in XX/XX/XXXX so supports dates on LOEs.

Business name on final application appears to be incorrect. Please update.
Appears XXX needs correction.;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated XXXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided updated XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

110049112

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - Proof of rent pmts provided via bank stmts but no XXX, from XXX, provided. Section X.X of Lender guides require fully completed and signed VOR if applicant rents from a XXX. If borrower rents from a private landlord, the most recent XXX months consecutive cancelled checks (front and back) along with a copy of the lease must be provided.;

XX/XX/XXXX - Lender granted exception for missing VOR.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.; XX/XX/XXXX - Exception remains: Provide VOR if borrower rents from professional management company or provide copy of lease agreement if borrower rents from private landlord.

110049125

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Change severity of 'Hazard Insurance Coverage is Not Sufficient.' from Material to Non-Material.; XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. The subject loan amount is $XXX with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.; XX/XX/XXXX - Subject property haz insurance p. XXX, provides dwelling coverage less than the loan amount. This is a Condo; the Master insurance policy not found in file. ; XX/XX/XXXX - Change severity of 'Hazard Insurance Coverage is Not Sufficient.' from Non-Material to Material.;

XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Master Policy for XXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Hazard insurance coverage is sufficient.; XX/XX/XXXX - Lender provided Master Policy for XXX.; XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.

Original CLTV is Below the Guideline Maximum - Calculated CLTV of ___ is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110049125

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Initial Loan Application is Missing

XX/XX/XXXX - Received copy of initial loan application; XX/XX/XXXX - Initial loan application from Broker is missing; however, the final application from HEM gives all the relevant application data needed to review the file. ; XX/XX/XXXX - Change severity of 'Initial Loan Application is Missing' from Material to Non-Material.; XX/XX/XXXX - Missing Copy of Initial Loan Application;

XX/XX/XXXX - Received copy of initial loan application

110049125

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

The file does not contain any copies of the Loan Estimate(s). Unable to test for TRID tolerance.

XX/XX/XXXX - The file does contain at least one copy of a Loan Estimate. * Not required for commercial loan/program.; XX/XX/XXXX - This is a business purpose cashout refinance of an investment property; No Trid Testing required and LE is not needed.; XX/XX/XXXX - The file does not contain any copies of the Loan Estimate(s). Unable to test for TRID tolerance.;

XX/XX/XXXX - The file does contain at least one copy of a Loan Estimate.

110049131

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. The subject loan amount is $XXX with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided. RCE was provided (pg XXX) however unable to determine if it was provided from XXX Insurance Company.; XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. The subject loan amount is $XXX with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.;

XX/XX/XXXX - Hazard insurance coverage is sufficient.; XX/XX/XXXX - Exception resolved, XXX loan. No RCE available.

110049171

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Second Home

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Condo Approval Missing

XX/XX/XXXX - Condo approval indicator is Missing;

XX/XX/XXXX - Change status of 'Condo Approval Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Detached condo unit. Lender provided commentary/guideline to support no project review is required.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Condo approval indicator is Not Applicable; XX/XX/XXXX - Detached XXX unit. Lender provided commentary/guideline to support no project review is required.; XX/XX/XXXX - Change status of 'Condo Approval Missing' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX years - Borrower Years On Job Exceeds XXX years

110049171

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Second Home

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - The file is missing a copy of the Borrower's personal HOI. The file has a Master policy, but it does not contain walls -in coverage. Per the final XXX the Borrower has personal coverage indicated in the payment. ;

XX/XX/XXXX - Hazard insurance indicator is Present; XX/XX/XXXX - Exception resolved, HOI provided.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX years - Borrower Years On Job Exceeds XXX years

110049194

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Underwriting FICO does not meet Guideline Minimum Required

XX/XX/XXXX - X) First time investor fico minimum XXX (NONI Guide Section XXX and NONI Matrix). Lender addressed in due diligence review (pg XXX) and during underwrite (pg XXX) but no Exception/management approval in file.

X) FTHB not allowed (NONI Guide Section XXX and NONI Matrix). Lender mentions (pg XXX - General comments #XXX) but no proof of previous property ownership was provided and no Lender Exception in file. ; XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX.;

XX/XX/XXXX - Lender provided approved exception for FTHB.; XX/XX/XXXX - Change status of 'Underwriting FICO does not meet Guideline Minimum Required' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Underwriting FICO does not meet Guideline Minimum Required' from Material to Non-Material.; XX/XX/XXXX - Exception remains: Lender provided By Laws of XXX organization doc and property at XXX owned by company however borrower has only XXX% ownership. Provide Lender exception for first time home buyer.; XX/XX/XXXX - Exception remains: Approved lender exception provided for FICO but not for FTHB. Provide additional approved exception form or proof of previous ownership.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110049289

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. Per Guidelines, Section XXX First Time Home Buyers are not allowed under the NONI program.;

XX/XX/XXXX - Borrower liabilities verified indicator is Partial; XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Change severity of 'Borrower Liabilities Verification Indicator is Partial' from Material to Non-Material.; XX/XX/XXXX - Exception resolved. Approved lender exception provided.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Acknowledged by Client.

110049292

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declarations section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Exception resolved. Updated guidance received, review not required.

110049303

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Provided; XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Change status of 'Evidence of Rate Lock Not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - Client provided additional guidance. Rate Lock not required.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Evidence of Rate Lock Provided; XX/XX/XXXX - Client provided additional guidance. Rate Lock not required.; XX/XX/XXXX - Change status of 'Evidence of Rate Lock Not Provided' from Active to Open Rebuttal.

110049306

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Provide documentation such as CPA letter to verify gift donor, XXX, percentage of ownership in XXX. Letter of explanation from donor (page XXX) and XXX not sufficient. XXX is listed as the registered agent for XXX; however, a non-owner can be the registered agent of an XXX.; XX/XX/XXXX - Asset Documents are Incomplete:;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX, Donor is listed as the sole organizer.; XX/XX/XXXX - Lender provided XXX, Donor is listed as the sole organizer.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - Lender provided SOS of XXX, Donor is listed as the sole organizer.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

110049306

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110049306

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report is Only Partially Available

XX/XX/XXXX - Partial fraud report provided.; XX/XX/XXXX - Section X.X of the XXX Guidelines dated XX/XX/XXXX requires fraud report to cover property information including other XXX and verification of any outstanding judgements or liens. Fraud report does not include information regarding XXX or verification of any outstanding judgements or liens. ;

XX/XX/XXXX - Change status of 'Fraud Report is Only Partially Available' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided full copy of the fraud report with property info.;

XX/XX/XXXX - Complete fraud report provided.; XX/XX/XXXX - Lender provided full copy of the fraud report with property info.; XX/XX/XXXX - Change status of 'Fraud Report is Only Partially Available' from Active to Open Rebuttal.

110049306

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Section X.X of the XXX Guidelines dated XX/XX/XXXX state, "For investment property transactions, rent loss insurance for the subject is required and must equal at least XXX months of average monthly rents." Evidence of Insurance (page XXX) does not verify amount of fair rental loss coverage.; XX/XX/XXXX - Hazard insurance indicator is Partial;

XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided HOI.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Hazard insurance indicator is Present; XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided HOI.

110049309

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Unresolved derogatory credit

XX/XX/XXXX - Guidelines stipulate that all collections over $XXX be paid/satisfied. Credit report shows Collection of $XXX for XXX with no verification of collection paid prior to or at closing.;

XX/XX/XXXX - Lender provided approved exception for collection not being paid.; XX/XX/XXXX - Change status of 'Unresolved derogatory credit' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Unresolved derogatory credit' from Material to Non-Material.

110049315

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: Fraud report reflects XXX high alerts for borrower detail report that have not been cleared.;

XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.;

110049315

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Insufficient cash to close.

XX/XX/XXXX - Cash to close in the amount of XXX is greater than the available asset amount of XXX. Bank statements balances are not sufficient to cover funds for closing. Provide sufficient assets for funds to close.;

XX/XX/XXXX - Lender provided "Lender Granted Exception" for Cash to close in the amount of XXX is greater than the available documented asset amount of XXX. Bank statements balances are not sufficient to cover funds for closing. Provide sufficient assets for funds to close.; XX/XX/XXXX - Change status of 'Insufficient cash to close.' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Insufficient cash to close.' from Material to Non-Material.

110049419

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Are all required Addendum and Exhibits in file is Incomplete

XX/XX/XXXX - Required appraisal addendum and exhibits is Incomplete. Full copies of all addendum and exhibits are required. missing XXX;

XX/XX/XXXX - Change status of 'Are all required Addendum and Exhibits in file is Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Completion Certificate.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Required appraisal addendum and exhibits is Yes ; XX/XX/XXXX - Lender provided Completion Certificate.; XX/XX/XXXX - Change status of 'Are all required Addendum and Exhibits in file is Incomplete' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110049419

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Is Completion Certificate in file is No

XX/XX/XXXX - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.; XX/XX/XXXX - Appraisal is subject to completion and no XXX update in file.;

XX/XX/XXXX - Change status of 'Is Completion Certificate in file is No' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Completion Certificate.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The Completion Certificate is Yes; XX/XX/XXXX - Lender provided Completion Certificate.; XX/XX/XXXX - Change status of 'Is Completion Certificate in file is No' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110049419

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Title Policty is Partial

XX/XX/XXXX - Title policy is Partial -Lender to provide tax verification documentation as tax amount appears for land versus new construction amount based on tax rate.;

XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Tax Cert.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Title policy is Present; XX/XX/XXXX - Lender provided Tax Cert.; XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

110049579

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Letter of explanation (page XX) regarding large deposits indicates $XXX deposit on XX/XX/XXXX was security deposit and XXX months' rent from the tenant who plans to rent subject property. Provide all pages of fully executed lease agreement for subject property.; XX/XX/XXXX - ;

XX/XX/XXXX - Per lender guidelines XXX, LOE for large deposits to be explained. No additional documentation needed.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - Per lender guidelines XXX, LOE for large deposits to be explained. No additional documentation needed.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110049579

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial; XX/XX/XXXX - X) Section XXX of the XXX guidelines dated XX/XX/XXXX states, "An Undisclosed Debt Monitoring report dated within XXX days of closing is required." Provide Undisclosed Debt Monitoring report.
X) Provide letter of explanation for the following credit inquiries: XXX XX/XX/XXXX; The Lender XX/XX/XXXX; XXX XX/XX/XXXX; XXX XX/XX/XXXX. Letter of explanation dated XX/XX/XXXX in file (page XX) discusses other credit inquiries. Also provide credit report that lists credit inquiries addressed in letter of explanation provided.
;

XX/XX/XXXX - Lender provided LOE for the inquiries; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided LOE for the inquiries; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Provide letter of explanation for the following credit inquiries: XXX XX/XX/XXXX; XXX XX/XX/XXXX; XXX XX/XX/XXXX; XXX XX/XX/XXXX. Letter of explanation dated XX/XX/XXXX in file (page XXX) discusses other credit inquiries. Also provide credit report that lists credit inquiries addressed in letter of explanation provided.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110049579

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Declarations section on page XXX of final loan application incomplete. ;

XX/XX/XXXX - Final Loan Application is Present

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110049579

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fully Executed purchase Contract is Partial

XX/XX/XXXX - Provide Legal Description Exhibit C which is listed as an Exhibit in purchase agreement (page XXX). Provide Amendment #X and Amendment #X to purchase agreement. Amendment #X in loan file (page XXX).; XX/XX/XXXX - The fully executed purchase contract is Partial;

XX/XX/XXXX - Change status of 'Fully Executed purchase Contract is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided exhibit C of the purchase contract.;

XX/XX/XXXX - The fully executed purchase contract is Present; XX/XX/XXXX - Lender provided exhibit C of the purchase contract.; XX/XX/XXXX - Change status of 'Fully Executed purchase Contract is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains: Lender provided LOE stating the agent did not provide an Exhibit XXX. "This is a first home sale of a new construction so the legal description had to be created as part of this sale to show the lot being conveyed per a recent plat". Provide corrected purchase contract to show Exhibit XXX not required. &#xXD;
&#xXD;
Amendments X & XXX were provided by Lender and cleared.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110049579

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Insufficient cash to close.

XX/XX/XXXX - Cash to close in the amount of XXX is greater than the available asset amount of XXX.; XX/XX/XXXX - Verified assets of $XXX not sufficient as cash to close is $XXX per XXX (page XXX). Wire confirmation (page XXX) indicates $XXX was wired to settlement agent on XX/XX/XXXX. Documentation provided does not verify $XXX available in XXX account ending #XXXX. XXX XXX(k) liquidation of $XXX net was deposited to XXX acct ending #XXXX on XX/XX/XXXX (page XX). XXX XXX(k) account has balance of $XXX as of XX/XX/XXXX and after withdrawal of $XXX gross/$XXX net per internet account summary (page XX). Section XXX.X of the XXX guidelines dated XX/XX/XXXX requires evidence of receipt of liquidation funds which will be utilized for down payment. Provide documentation to verify additional sufficient liquid funds required to close. There is no reserve requirement for loan. Evidence XXX deposit of $XXX cleared in file, and XXX is reflected on XXX. ;

XX/XX/XXXX - Change severity of 'Insufficient cash to close.' from Material to Non-Material.; XX/XX/XXXX - Lender provided approved lender exception to provide asset documentation to verify borrowers cash to close.; XX/XX/XXXX - Change status of 'Insufficient cash to close.' from Active to Acknowledged by Client.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110049579

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Underwriting FICO does not meet Guideline Minimum Required

XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX.; XX/XX/XXXX - Additional restrictions section of the XXX dated XX/XX/XXXX indicates minimum FICO of XXX required for first-time investor. ;

XX/XX/XXXX - Change severity of 'Underwriting FICO does not meet Guideline Minimum Required' from Material to Non-Material.; XX/XX/XXXX - Exception resolved. Approved lender exception provided for FICO XXX.; XX/XX/XXXX - Change status of 'Underwriting FICO does not meet Guideline Minimum Required' from Active to Acknowledged by Client.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110049580

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Power of Attorney Documentation Missing

XX/XX/XXXX - Note, Security Agreement and Loan Agreement all executed by Attorney in Fact, XXX; missing executed specific Power of Attorney from borrower, XXX to XXX for this transaction.;

XX/XX/XXXX - Change status of 'Power of Attorney Documentation Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided recorded XXX from borrower to XXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Power of Attorney Documentation Provided; XX/XX/XXXX - Lender provided recorded XXX from borrower to XXX.; XX/XX/XXXX - Change status of 'Power of Attorney Documentation Missing' from Active to Open Rebuttal.

110049608

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Credit Report Indicator is Partial

XX/XX/XXXX - Borrower credit report indicator is Partial; XX/XX/XXXX - Section XXX of the NONI Guidelines dated XX/XX/XXXX states, "The credit report should provide merged credit information from the three major bureaus. A report for any applicant containing only two bureaus is acceptable to the extent there is no further information available." There is no evidence in file that an XXX credit report was requested.;

XX/XX/XXXX - Borrower credit report indicator is Present; XX/XX/XXXX - Exception resolved. Credit report provided.

110049608

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

CoBorrower Credit Report is Missing

XX/XX/XXXX - CoBorrower credit report is missing.;

XX/XX/XXXX - Received CoBorrower credit report.; XX/XX/XXXX - Exception resolved, credit report provided.

110049608

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

CoBorrower Liabiliities Verified Indicator is Missing

XX/XX/XXXX - CoBorrower credit report not in loan file.; XX/XX/XXXX - CoBorrower liabilities verified indicator is Missing;

XX/XX/XXXX - CoBorrower liabilities verified indicator is Present; XX/XX/XXXX - Exception resolved, credit report provided.

110049608

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Section XXX of the NONI Guidelines dated XX/XX/XXXX require a XXX CDA and an XXX. Provide required documentation.; XX/XX/XXXX - Origination Appraisal is Partial.;

XX/XX/XXXX - Origination appraisal is Present.

110049624

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Second Appraisal is Missing

XX/XX/XXXX - The XXX appraisal is Missing;

XX/XX/XXXX - Change status of 'Second Appraisal is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX Appraisal.;

XX/XX/XXXX - The second appraisal is Present; XX/XX/XXXX - Exception resolved, XXX appraisal provided.; XX/XX/XXXX - EXCEPTION REMAINS. The second appraisal is Missing. Lender provided same appraisal as was in original file by XXX. Please provide XXX appraisal by different appraiser/firm as applicable per guidelines.; XX/XX/XXXX - Lender provided XXX Appraisal.; XX/XX/XXXX - Change status of 'Second Appraisal is Missing' from Active to Open Rebuttal.

110049625

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Hazard insurance indicator is Partial. * Policy dates to be corrected. HOI (pg XXX) reflects Effective XX/XX/XXXX to Expiration XX/XX/XXXX. ;

XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated HOI policy with renewal dates XX/XX/XXXX;

XX/XX/XXXX - Hazard insurance indicator is Present. EXCEPTION RESOLVED; XX/XX/XXXX - Lender provided updated HOI policy with renewal dates XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.

110049625

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Minimum Trade Line Requirement Not Met

XX/XX/XXXX - * Lender Exception Approval in file (pg XXX) for lack of tradelines. Two alt tradelines established, AT&T (pg XXX) and XXX (pg XXX).; XX/XX/XXXX - Change severity of 'Minimum Trade Line Requirement Not Met' from Material to Non-Material.; XX/XX/XXXX - Change status of 'Minimum Trade Line Requirement Not Met' from Active to Acknowledged by Client.; XX/XX/XXXX - Borrower(s) have not met the minimum tradeline requirement per lender guidelines. ;

XX/XX/XXXX - * Lender Exception Approval in file (pg XXX) for lack of tradelines. Two alt tradelines established, AT&T (pg XXX) and XXX (pg XXX).

110049649

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

DSCR is less than guideline minimum

XX/XX/XXXX - Qualifying DSCR of XXX is less than guideline minimum requirement of XXX. * PITI based on start rate $XXX (pg XXX) / Lease $XXX (pg XXX) . Lease less than $XXX Comparable Rent Schedule. DSCR would need to be over XXX due to this loan's XXX% LTV cash-out, per NONI Matrix. Max XXX% LTV if DSCR less than XXX. No approved Lender exception in file and lease terms were current (XX/XX/XXXX at closing (XX/XX/XXXX;

XX/XX/XXXX - Qualifying DSCR of XXX meets guideline requirement.; XX/XX/XXXX - Exception resolved, Lease agreement provided.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110049649

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: * Two high alerts on XX/XX/XXXX Report (pg XXX) not cleared. Related to address and other properties owned. XX/XX/XXXXeport (pg XXX) reflects high alert related to broker, not cleared. ;

XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Exception resolved: Alert cleared.; XX/XX/XXXX - Exception remains: Fraud report dated XX/XX/XXXX (pg XXX) reflects a high risk indicator for participant detail report. Please provide evidence alert has been cleared. Alerts on report dated XX/XX/XXXX (pg XXX) have been cleared.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110049649

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Original CLTV of XXX adheres to the guideline maximum CLTV of XXX.; XX/XX/XXXX - Qualifying DSCR of XXX is less than guideline minimum requirement of XXX. * PITI based on start rate $XXX (pg XXX) / Lease $XXX (pg XXX) . Lease less than $XXX Comparable Rent Schedule. DSCR would need to be over XXX due to this loan's XXX% LTV cash-out, per NONI Matrix. Max XXX% LTV if DSCR less than XXX. No approved Lender exception in file and lease terms were current (XX/XX/XXXX at closing (XX/XX/XXXX

Lender recognized LTV issue (pg XXX).; XX/XX/XXXX - Underwriting CLTV of XXX is greater than the maximum allowable guideline CLTV of XXX.;

XX/XX/XXXX - Original CLTV of XXX adheres to the guideline maximum CLTV of XXX.; XX/XX/XXXX - Exception resolved. DSCR &get; XXX.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110049649

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX based on a loan amount of $XXX and value used for LTV of ___.; XX/XX/XXXX - Original LTV of XXX adheres to the guideline maximum LTV of XXX.; XX/XX/XXXX - Qualifying DSCR of XXX is less than guideline minimum requirement of XXX. * PITI based on start rate $XXX (pg XXX) / Lease $XXX (pg XX) . Lease less than $XXX Comparable Rent Schedule. DSCR would need to be over XXX due to this loan's XXX% LTV cash-out, per NONI Matrix. Max XXX% LTV if DSCR less than XXX. No approved Lender exception in file and lease terms were current (XX/XX/XXXX at closing (XX/XX/XXXX

Lender recognized LTV issue (pg XXX).; XX/XX/XXXX - Change severity of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX based on a loan amount of $XXX and value used for LTV of XXX.;

XX/XX/XXXX - Original LTV of XXX adheres to the guideline maximum LTV of XXX.; XX/XX/XXXX - Exception resolved. DSCR &get; XXX.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

110049655

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Revised Closing Disclosure Delivery Date Test (Waiting Period Required) Test

XX/XX/XXXX - This loan failed the revised closing disclosure delivery date test (waiting period required).( XXX CFR Â§XXX(f)(X)(ii) )The revised closing disclosure delivery requires a new waiting period andThe revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation requiring a new waiting period. If one of the following disclosures provided under Â§XXX(f)(X)(i) becomes inaccurate in the following manner before consummation, the creditor shall ensure that the consumer receives corrected disclosures containing all changed terms in accordance with the requirements of Â§XXX(f)(X)(ii)(A):(A) The annual percentage rate disclosed under Â§XXX(o)(X) becomes inaccurate, as defined in Â§XXX.(B) The loan product is changed, causing the information disclosed under Â§XXX(a)(X)(iii) to become inaccurate.(C) A prepayment penalty is added, causing the statement regarding a prepayment penalty required under Â§XXX(b) to become inaccurate.The creditor shall ensure that the consumer receives the disclosures required under Â§XXX(f)(X)(i) no later than three business days before consummation.

Borrower has stable job time - Borrower has XXX years at job.

110049769

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

110049769

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. Declaration section is not complete and borrower's XXX's are not reflected on the final XXXX.;

XX/XX/XXXX - Final Loan Application is Present

110049769

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: Borrower Detail Report (pg XXX) risk indicators XXX; XXX have not been cleared.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated Fraud Report supporting not risk indicators found. ;

XX/XX/XXXX - Alerts from Fraud Report have been cleared. Exception Resolved.; XX/XX/XXXX - Lender provided updated Fraud Report supporting not risk indicators found. ; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains: Lender provided Participant detail report. Need cleared alerts from borrower detail report.

110049769

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Non-Material to Material.; XX/XX/XXXX - Housing history does not meet guidelines. The credit report reflects XXX (XXX XXXX) mtg history. Missing exception in the loan file.;

XX/XX/XXXX - Lender granted exception for XXX.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.

110049769

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Third Party Valuation Product Provided

110049769

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided.

XX/XX/XXXX - Lender provided CDA.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided.' from Active to Open Rebuttal.; XX/XX/XXXX - Third Party Valuation Product Provided. ; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Lender provided CDA.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided.' from Active to Open Rebuttal.;

XX/XX/XXXX - Third Party Valuation Product Provided. ; XX/XX/XXXX - Lender provided CDA.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided.' from Active to Open Rebuttal.; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.

110049769

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

UCDP Summary Report is Missing

XX/XX/XXXX - The SSR indicator is Missing;

XX/XX/XXXX - The SSR indicator is Not Applicable

110049776

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - The Final XXX declarations section of the application does not have the "is the applicant and/or co-applicant party to a lawsuit" question answered. Declaration section question "have the applicant and/or co-applicant had any ownership interest in a property in the last XXX years" is answered 'no". Need Final XXX corrected.;

XX/XX/XXXX - Final Loan Application is Present

110049782

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Provide proof for new leased current residence at XXX - security deposit paid $XXX and XXX months prorated rents IAO $XXX; security deposit due XXX and pro rated rent due XX/XX/XXXX;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided proof, with bank statement, of security deposit and pro rated rent. Matches lease.;

XX/XX/XXXX - Housing delinquency meets guidelines. * Exception Resolved.; XX/XX/XXXX - Lender provided proof, with bank statement, of security deposit and pro rated rent. Matches lease.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

110049782

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Title Policty is Partial

XX/XX/XXXX - Title policy is Partial - address- city discrepancy- Note, Mortgage, Loan Agreement, CCRs, HOA HOI all show city as XXX.; Flood HOI, Sales contract and borrowers HOI all show city as XXX.;

XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided HOA Dec with XXX. All docs now reflect city as Miramar. ;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Title policy is Present; XX/XX/XXXX - Lender provided HOA Dec with XXX. All docs now reflect city as XXX. ; XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - EXCEPTION REMAINS: Lender provided copy of HOA Insurance Dec page already in file (XXX) and CCR with city as XXX. Loan Agreement, Note, Mortgage, HOA Insurance Dec Page, and CCR now all reflecting XXX.&#xXD;
&#xXD;
Still need corrected Title and personal HOI reflecting property city as XXX.; XX/XX/XXXX - Exception remains: Note and mortgage provided showing city as XXX. Provide loan agreement, CCRs, HOA, HOI with corrected city.

110049873

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110049873

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Underwriting FICO does not meet Guideline Minimum Required

XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX. Guidelines dated XX/XX/XXXX require a XXX FICO for LTV of XXX% for an investment purchase. No exception found in the loan file.;

XX/XX/XXXX - Change status of 'Underwriting FICO does not meet Guideline Minimum Required' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated guidelines dated XX/XX/XXXX which allow XXX LTV XXX% purchase.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Underwriting FICO of XXX is greater than or equal to the minimum required guideline FICO of XXX. Lender provided updated XXX dated XX/XX/XXXX in effect for this loan.; XX/XX/XXXX - Lender provided updated guidelines dated XX/XX/XXXX which allow XXX FICO LTV XXX% purchase.; XX/XX/XXXX - Change status of 'Underwriting FICO does not meet Guideline Minimum Required' from Active to Open Rebuttal.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

110049970

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Provide most recent XXX statement for #XXX to verify property which secures HELOC. Line of credit is not listed on FraudPlus report.; XX/XX/XXXX - Borrower liabilities verified indicator is Partial;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of HELOC statement. ;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided copy of HELOC statement. ; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

110049970

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Missing

XX/XX/XXXX - Ensure all real estate owned by Borrower is listed in the REO Information section of final commercial loan application. XXX & XXX (page XXX & XXX) and XXX (page XXX) are not listed on the initial commercial loan application. ; XX/XX/XXXX - Final loan application is Missing;

XX/XX/XXXX - Change status of 'Final Loan Application is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of final application with all REO listed.;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - Final loan application is Present; XX/XX/XXXX - Lender provided copy of final application with all REO listed.; XX/XX/XXXX - Change status of 'Final Loan Application is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - EXCEPTION REMAINS: XXX still not reflected on Schedule of REO of amended final application lender provided.. XXX now reflected.

110049970

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - X) FraudPlus report (page XXX) indicates Borrower owns property XXX & XXX. Mortgage loan of $XXX opened XX/XX/XXXX serviced by XXX is not listed on credit report. Provide mortgage payment history.
X) FraudPlus report (page XXX) indicates Borrower owns property XXX. Mortgage loan of $XXX opened XX/XX/XXXX serviced by XXX is not listed on credit report. Provide mortgage payment history.; XX/XX/XXXX - Housing history does not meet guidelines.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated XXX with XXX mrtg history included.;

XX/XX/XXXX - Housing delinquency meets guidelines. EXCEPTION RESOLVED; XX/XX/XXXX - Lender provided updated CB with XXX mrtg history included.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - #XXX Cleared. Lender provided amended final XXX showing mtg info for XXX. Mtg history on credit bureau (pg XXX),XXX.

110049973

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Hazard Insurance Effective Date is after the Note Date

XX/XX/XXXX - The hazard insurance effective date of XX/XX/XXXX is after the note date of XX/XX/XXXX.;

XX/XX/XXXX - Change severity of 'Hazard Insurance Effective Date is after the Note Date' from Material to Non-Material.; XX/XX/XXXX - Lender provided IEADS and First Payment Letter Disclosures. Downgrade exception.; XX/XX/XXXX - Change status of 'Hazard Insurance Effective Date is after the Note Date' from Active to Acknowledged by Client.

110050090

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That In Total Cannot Increase More Than XXX% Test

XX/XX/XXXX - This loan failed the charges that in total cannot increase more than XXX% test. (XX CFR Â§XXXXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to Â§XXXXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under Â§XXXXX(e)(X)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with Â§XXXXX(e)(X)(vi).

XX/XX/XXXX - The title binder fee of $XXX was not disclosed on the initial LE and reflected on the final CD. Fee exceeds the XXX% tolerance test by $XXX.;

XX/XX/XXXX - Change status of 'Charges That In Total Cannot Increase More Than XXX% Test' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX.; XX/XX/XXXX - Change status of 'Charges That In Total Cannot Increase More Than XXX% Test' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX.;

XX/XX/XXXX - This loan passed the charges that in total cannot increase more than XXX% test. (XX CFR §XXXXXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §XXXXXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) do not exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §XXXXXX(e)(X)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §XXXXXX(e)(X)(vi).; XX/XX/XXXX - This loan failed the charges that in total cannot increase more than XXX% test. (XX CFR §XXXXXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §XXXXXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §XXXXXX(e)(X)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §XXXXXX(e)(X)(vi).; XX/XX/XXXX - Change status of 'Charges That In Total Cannot Increase More Than XXX% Test' from Active to Open Rebuttal.; XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided XXX.

110050090

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date Validation Test

XX/XX/XXXX - Change status of 'Consummation or Reimbursement Date Validation Test' from Active to Open Rebuttal.; XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided XXX.;

XX/XX/XXXX - Change status of 'Consummation or Reimbursement Date Validation Test' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX.;

XX/XX/XXXX - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; XX/XX/XXXX - Change status of 'Consummation or Reimbursement Date Validation Test' from Active to Open Rebuttal.; XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided XXX.

110050090

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared:; XX/XX/XXXX - Fraud report, pg XXX, reflects high alerts that have not been cleared.;

XX/XX/XXXX - Lender provided updated Fraud Report clearing high alerts, related to properties, on pg XXX. Pg XXX highs are for Appraiser (current license in file and Auditor verified on website) and loan processor. Clearing processor as NMLS active for originator.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared. Exception resolved.; XX/XX/XXXX - Lender provided updated Fraud Report clearing high alerts, related to properties, on pg XXX. Pg XXX highs are for Appraiser (current license in file and Auditor verified on website) and loan processor. Clearing processor as NMLS active for originator.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

110050090

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

XX/XX/XXXX - Change status of 'Reimbursement Amount Test' from Active to Open Rebuttal.; XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided XXX.;

XX/XX/XXXX - Change status of 'Reimbursement Amount Test' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX.;

110050137

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Missing

XX/XX/XXXX - Final loan application is Missing;

XX/XX/XXXX - Final loan application is Present; XX/XX/XXXX - Exception resolved, final XXXX provided.

110050137

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Hazard insurance indicator is Partial; XX/XX/XXXX - Condo project master policy (page XXX) does not verify amount of property/building coverage. Provide updated certificate of insurance with building coverage amount.;

XX/XX/XXXX - Hazard insurance indicator is Present; XX/XX/XXXX - Exception resolved, policy with coverage provided.

110050169

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: Participant Detail Report risk indicator #XXX-hit for EPLS Watchlist-has not been cleared (pg XXX).;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated fraud report with all high alerts addressed.;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Lender provided updated fraud report with all high alerts addressed.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains: Lender provided several cleared alerts, however the high alert for XXX (pg XXX) was not provided to show it has been cleared.

110050210

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

DSCR is less than guideline minimum

XX/XX/XXXX - Qualifying DSCR of XXX is less than guideline minimum requirement of XXX. Appraisal and Signed tenant leases in file verify current rents of $XXX per month. Per multiple approvals in the file lender stated per loan approvals pages XXX "If DSCR is less than XXX, need to follow DSCR less than XXX matrix." Max Cashout per Near NONI LTV/CLTV is XXX%. Please verify which program - NONI or NearNoni was used for DSCR requirements. If NONI was used LTV exception is applicable.;

XX/XX/XXXX - Lender provided approved exception for XXX% LTV with XXX DSCR.; XX/XX/XXXX - Change status of 'DSCR is less than guideline minimum' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'DSCR is less than guideline minimum' from Material to Non-Material.

110050233

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Section XXX of the NONI Guidelines dated XX/XX/XXXX states, "All bank statements used to verify assets used for income, down payment, closing costs, and reserves require validation through a third-party service provider.; XX/XX/XXXX - Asset Documents are Incomplete:;

XX/XX/XXXX - VOD provided.; XX/XX/XXXX - Exception resolved, VOD provided.

110050233

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard insurance coverage is sufficient.

110050233

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Power of Attorney Documentation Missing

XX/XX/XXXX - Power of Attorney Documentation Missing;

XX/XX/XXXX - Power of Attorney Documentation Provided; XX/XX/XXXX - Exception resolved, POA provided.

110050655

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: Section XXX of the NONI Guidelines dated XX/XX/XXXX state, "All bank statements used to verify assets used for income, down payment, closing costs, and reserves require validation through a third-party service provider." ;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved, docs provided.

110050678

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110050678

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: High Risk Indicators on fraud report have not been cleared.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated Fraud Report clearing high alert.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared. Exception Resolved.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated Fraud Report clearing high alert.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110050678

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Origination Appraisal is Partial. Missing market rent survey form XXX. Unable to determine DSCR. Additional conditions may apply.;

XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Exception resolved, market rent survey provided.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110050678

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

UCDP Summary Report is Missing

XX/XX/XXXX - UCDP summary report was not provided. ; XX/XX/XXXX - The SSR indicator is Missing;

XX/XX/XXXX - Change status of 'UCDP Summary Report is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided UCDP with CU score of XXX;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The SSR indicator is Present; XX/XX/XXXX - Lender provided UCDP with CU score of XXX.; XX/XX/XXXX - Change status of 'UCDP Summary Report is Missing' from Active to Open Rebuttal.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

110051218

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Missing XXX federal tax identification number for XXX;

XX/XX/XXXX - Lender provided approved exception for no EIN.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Borrower Employment Verification does not meet guidelines' from Material to Non-Material.

121057453

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Property is located in a FEMA disaster area

XX/XX/XXXX  - Change status of 'Property is located in a FEMA disaster area' from Active to Open Rebuttal.; XX/XX/XXXX  - EXCEPTION REMAINS:  Lender provided exterior only.  § For loans secured by properties appraised prior to the Federal/State declaration, the following post-disaster guidelines apply for XXX days after the declaration date:
§ An interior and exterior inspection of the subject property is required.  The original appraiser should perform the inspection and provide a certification stating:
- Subject property is free from damage and is in the same condition as previously appraised;
- Marketability and value remain the same.; XX/XX/XXXX  - Lender provided PID with no physical damage.; XX/XX/XXXX  - Post disaster inspection confirms no property damage; XX/XX/XXXX  - Property is located in a FEMA disaster area with no post disaster inspection; XX/XX/XXXX  - Remnants of Hurricanes XXX and XXX .  Disasters declared XX/XX/XXXX and XX/XX/XXXX;, loan closed XX/XX/XXXX.;

XX/XX/XXXX - Change status of 'Property is located in a FEMA disaster area' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided PID with no physical damage.;

XX/XX/XXXX  - Post disaster inspection confirms no property damage; XX/XX/XXXX  - EXCEPTION REMAINS:  Lender provided exterior only.  § For loans secured by properties appraised prior to the Federal/State declaration, the following post-disaster guidelines apply for XXX days after the declaration date:&#xXD;
§ An interior and exterior inspection of the subject property is required.  The original appraiser should perform the inspection and provide a certification stating:&#xXD;
- Subject property is free from damage and is in the same condition as previously appraised;&#xXD;
- Marketability and value remain the same.; XX/XX/XXXX  - Post disaster inspection confirms no property damage; XX/XX/XXXX  - Lender provided PID with no physical damage.; XX/XX/XXXX  - Change status of 'Property is located in a FEMA disaster area' from Active to Open Rebuttal.; XX/XX/XXXX  - Remnants of Hurricanes XXX and XXX .  Disasters declared XX/XX/XXXX and XX/XX/XXXX;, loan closed XX/XX/XXXX.; XX/XX/XXXX  - Property is located in a FEMA disaster area with no post disaster inspection

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of ___ is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

121057453

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

XX/XX/XXXX  - Lender provided PID with no physical damage.; XX/XX/XXXX  - EXCEPTION REMAINS:  Lender provided exterior only.  § For loans secured by properties appraised prior to the Federal/State declaration, the following post-disaster guidelines apply for XXX days after the declaration date:
§ An interior and exterior inspection of the subject property is required.  The original appraiser should perform the inspection and provide a certification stating:
- Subject property is free from damage and is in the same condition as previously appraised;
- Marketability and value remain the same.; XX/XX/XXXX  - Post Disaster Inspection provided ; XX/XX/XXXX  - Change status of 'Property located in FEMA Declared Disaster Area with no subsequent Property Inspection' from Active to Open Rebuttal.; XX/XX/XXXX  - Remnants of Hurricanes XXX and XXX .  Disasters declared XX/XX/XXXX and XX/XX/XXXX;, loan closed XX/XX/XXXX.; XX/XX/XXXX  - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection;

XX/XX/XXXX - Change status of 'Property located in FEMA Declared Disaster Area with no subsequent Property Inspection' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided PID with no physical damage.;

XX/XX/XXXX  - Post disaster inspection confirms no property damage; XX/XX/XXXX  - EXCEPTION REMAINS:  Lender provided exterior only.  § For loans secured by properties appraised prior to the Federal/State declaration, the following post-disaster guidelines apply for XXX days after the declaration date:&#xXD;
§ An interior and exterior inspection of the subject property is required.  The original appraiser should perform the inspection and provide a certification stating:&#xXD;
- Subject property is free from damage and is in the same condition as previously appraised;&#xXD;
- Marketability and value remain the same.; XX/XX/XXXX  - Post Disaster Inspection provided ; XX/XX/XXXX  - Lender provided PID with no physical damage.; XX/XX/XXXX  - Change status of 'Property located in FEMA Declared Disaster Area with no subsequent Property Inspection' from Active to Open Rebuttal.; XX/XX/XXXX  - Remnants of Hurricanes XXX and XXX .  Disasters declared XX/XX/XXXX and XX/XX/XXXX;, loan closed XX/XX/XXXX.; XX/XX/XXXX  - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

121098975

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Hazard insurance indicator is Partial- lender to provide updated HOI to clarify replacement costs on dwelling, as current copy in file does not specify if full replacement costs and/or a percentage.;

XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA;

XX/XX/XXXX - Hazard insurance indicator is Present; XX/XX/XXXX - Exception NA; XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

121098975

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: - title commitment, page XXX, is missing loan amount coverage IAO
$XXX; lender to provide final title to verify the correct loan amount coverage.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Finding NA;

XX/XX/XXXX - Exception NA; XX/XX/XXXX - Finding NA; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

121098975

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Transmittal Summary is Partial

XX/XX/XXXX - The transmittal summary is Partial- UW XXX and loan committee approval pages XXX do not reflect the correct loan amount of $XXX or correct LTV XXX%; lender to provide updated and corrected XXX and loan committee approval for $XXX and XXX% LTV.;

XX/XX/XXXX - Change status of 'Transmittal Summary is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided corrected XXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The transmittal summary is Present; XX/XX/XXXX - Lender provided corrected XXX.; XX/XX/XXXX - Change status of 'Transmittal Summary is Partial' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

121108995

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial - missing LOE for derogatory collection account for Portfolio Recovery - account amount $XXX that is paid. Per GL must have LOE from borrower to explain this derogatory account.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

121108995

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - no CU or LCS score and missing CDA report to support appraised value in the amount of $XXX.;

XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided CDA.;

XX/XX/XXXX - Third Party Valuation Product Provided; XX/XX/XXXX - Lender provided CDA.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

121109168

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Transmittal Summary is Missing

XX/XX/XXXX - XXX is not in file; used supporting documents in file to determine factors to support dti, LTV, Assets. Lender approval is found on page XXX.; XX/XX/XXXX - The transmittal summary is Missing; XX/XX/XXXX - Change severity of 'Transmittal Summary is Missing' from Material to Non-Material.;

XX/XX/XXXX - The transmittal summary is Present; XX/XX/XXXX - Exception resolved, XXX provided.; XX/XX/XXXX - Change severity of 'Transmittal Summary is Missing' from Non-Material to Material.

121109184

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

121109184

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date Validation Test

121109184

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: lender to provide cleared fraud report for high alert associated with other properties. SSN alert cleared with copy of SSN;

XX/XX/XXXX - Alerts from Fraud Report have been cleared. Occupancy affidavit in file; XX/XX/XXXX - EXCEPTION REMAINS. Fraud alert for borrower association with other properties has not been cleared - the SSN has been cleared, still missing Clear Fraud Report regarding other properties.

121109184

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

XX/XX/XXXX - This loan failed the reimbursement amount test. (XXX CFR Â§XXX(f)(X)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX. Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under Â§XXX(e)(X)(i) or (ii), the creditor complies with Â§XXX(e)(X)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with Â§XXX(f)(X)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.

121109184

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Revised Closing Disclosure Delivery Date and Changed Circumstances Date Test

XX/XX/XXXX - This loan failed the revised closing disclosure delivery date and changed circumstances date test. ( XXX CFR Â§XXX(e)(X)(iv)(A) - (C), (E), (F) , and (D) as amended in XXX , XXX CFR Â§XXX(e)(X)(i) )The revised closing disclosure delivery date is either:Later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor receives information sufficient to establish that a changed circumstance has occurred; orBefore the creditor receives information sufficient to establish that a changed circumstance has occurred.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXX(a)(X) and as it relates to Â§XXX(e)(X)(i) (revised loan estimate disclosure) and Â§XXX(e)(X)(ii) (relationship to closing disclosure). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on New Year's Day (XX/XX/XXXX)As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If a creditor uses a revised estimate for the purpose of determining good faith for the zero tolerance and XX% tolerance categories under Â§XXX(e)(X)(i) and (ii), the creditor shall provide a revised version of the disclosures required under Â§XXX(e)(X)(i) reflecting the revised estimate either:Within three business days of receiving information sufficient to establish that one of the reasons for revision provided under Â§XXX(e)(X)(iv)(A) through (C), (E) and (F) applies; orNo later than three business days after the date the interest rate is locked, for revision provided under Â§XXX(e)(X)(iv)(D). The revised version of the disclosures required under Â§XXX(e)(X)(i) shall contain the revised interest rate, the points disclosed pursuant to Â§XXX(f)(X), lender credits, and any other interest rate dependent charges and terms.Official InterpretationsXX C.F.R. Â§XXX(e)(X)(ii)Relationship to disclosures required under Â§XXX(f)(X)(i).Revised disclosures may not be delivered at the same time as the Closing Disclosure. Â§XXX(e)(X)(ii) prohibits a creditor from providing a revised version of the disclosures required under Â§XXX(e)(X)(i) on or after the date on which the creditor provides the disclosures required under Â§XXX(f)(X)(i)...However, if a creditor uses a revised estimate pursuant to Â§ XXX(e)(X)(iv) for the purpose of determining good faith under Â§ XXX(e)(X)(i) and (ii), Â§ XXX(e)(X)(i) permits the creditor to provide the revised estimate in the disclosures required under Â§ XXX(f)(X)(i) (including any corrected disclosures provided under Â§ XXX(f)(X)(i) or (ii)).

121109184

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Revised Closing Disclosure Delivery Date Test (Waiting Period Required) Test

121109184

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TILA APR Test

XX/XX/XXXX  - This loan failed the TILA APR test.
( XXX CFR Â§XXX(a)(X), (X) , transferred from  XXX CFR Â§XXX(a)(X), (X) )
The annual percentage rate (APR) is XXX%. The disclosed APR  of XXX% is not considered accurate because it is more than XXX of XXX percentage point above or below the APR as determined in accordance with the actuarial method.

121109184

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TILA Finance Charge Test

121109184

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - Lender to provide title policy with loan amount to equal $XXX; copy of title commitment in file is IAO $XXX. (page XXX);

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA

121109184

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TRID Disclosure Delivery and Receipt Date Validation Test

XX/XX/XXXX - This loan failed the TRID disclosure delivery and receipt date validation test due to one of the following findings:The Revised Loan Estimate Receipt Date is before Revised Loan Estimate Delivery Date; orThe Initial Closing Disclosure Receipt Date is before Initial Closing Disclosure Delivery Date; orThe Revised Closing Disclosure Receipt Date is before Revised Closing Disclosure Delivery Date.

121119341

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower 2 Income Verification is less than 12 months

XX/XX/XXXX - Change severity of 'Borrower XXX Income Verification is less than XXX months' from Material to Non-Material.;

XX/XX/XXXX - Exception NA, no income; XX/XX/XXXX - Borrower XXX Income Verification of XXX is greater than XXX months.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

121119341

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: fraud report page XXX shows co borrower high alert- no sam.gov in file and fraud report not cleared.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation to clear fraud report.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Lender provided documentation to clear fraud report.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

121119341

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.;

XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

121119341

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - No CU score or LCA score XXX- missing CDA in file; Lender to provide CDA to support appraised value IAO $XXX.;

XX/XX/XXXX - Exception resolved. CDA provided.; XX/XX/XXXX - Third Party Valuation Product Provided

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

121119425

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower residency documentation not provided or issue with documentation

XX/XX/XXXX - Borrower residency documentation has been provided and there are no issues with documentation. ; XX/XX/XXXX - Borrower residency documentation not provided or issue with documentation. Employment authorization card in file indicates expired XX/XX/XXXX- Lender to provide current employment authorization.;

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

121119425

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Loan amount is greater than the maximum loan amount allowed per guidelines

XX/XX/XXXX - Loan amount of $XXX is greater than the maximum loan amount allowed per guidelines of XXX.; XX/XX/XXXX - Loan amount of $XXX is less than or equal to the maximum loan amount allowed per guidelines of XXX.;

XX/XX/XXXX - Loan amount of $XXX is less than or equal to the maximum loan amount allowed per guidelines of XXX.; XX/XX/XXXX - Loan amount of $XXX is greater than the maximum loan amount allowed per guidelines of XXX.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

121119445

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: lender to provide final title report to verify the UCC financing statement lien , page XXX, item # XXX has been removed to ensure Lender first lien position and no clouds on title.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided UCC termination.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - UCC terminated.; XX/XX/XXXX - Lender provided UCC termination.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

121129503

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: title loan amount insufficient to cover loan amount; title in file IAO $XXX and loan amount $XXXXXX. ;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA;

XX/XX/XXXX - Exception NA; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

121129503

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Title Policty is Partial

XX/XX/XXXX - Title policy is Partial- title commitment (certificate), page XXX, is insufficient to cover the loan amount; Note amount is $XXX and title commitment loan amount is $XXX; lender to provide final title IAO $XXX.;

XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA;

XX/XX/XXXX - Title policy is Present; XX/XX/XXXX - Exception NA; XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Open Rebuttal.

221067656

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Property is located in a FEMA disaster area

XX/XX/XXXX  - EXCEPTION REMAINS.  XXX  Guidelines require.
§ For loans secured by properties appraised prior to the Federal/State declaration, the following post-disaster guidelines apply for XXX days after the declaration date:
§ An interior and exterior inspection of the subject property is required.  The original appraiser should perform the inspection and provide a certification stating:
- Subject property is free from damage and is in the same condition as previously appraised;
- Marketability and value remain the same.
; XX/XX/XXXX  - Post disaster inspection confirms no property damage; XX/XX/XXXX  - Property is located in a FEMA disaster area with no post disaster inspection; XX/XX/XXXX  - Remnants of hurricane XXX .  Disaster declared XX/XX/XXXX;.  Loan closed XX/XX/XXXX.;

XX/XX/XXXX  - Post disaster inspection confirms no property damage; XX/XX/XXXX  - EXCEPTION REMAINS.  XXX  Guidelines require.&#xXD;
§ For loans secured by properties appraised prior to the Federal/State declaration, the following post-disaster guidelines apply for XXX days after the declaration date:&#xXD;
§ An interior and exterior inspection of the subject property is required.  The original appraiser should perform the inspection and provide a certification stating:&#xXD;
- Subject property is free from damage and is in the same condition as previously appraised;&#xXD;
- Marketability and value remain the same.&#xXD;
; XX/XX/XXXX  - Remnants of hurricane XXX .  Disaster declared XX/XX/XXXX;.  Loan closed XX/XX/XXXX.; XX/XX/XXXX  - Property is located in a FEMA disaster area with no post disaster inspection

221067656

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

XX/XX/XXXX  - EXCEPTION REMAINS.  XXX  Guidelines require.
§ For loans secured by properties appraised prior to the Federal/State declaration, the following post-disaster guidelines apply for XXX days after the declaration date:
§ An interior and exterior inspection of the subject property is required.  The original appraiser should perform the inspection and provide a certification stating:
- Subject property is free from damage and is in the same condition as previously appraised;
- Marketability and value remain the same.; XX/XX/XXXX  - Post Disaster Inspection provided ; XX/XX/XXXX  - Remnants of hurricane XXX .  Disaster declared XX/XX/XXXX;.  Loan closed XX/XX/XXXX.; XX/XX/XXXX  - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection;

XX/XX/XXXX  - Post Disaster Inspection provided ; XX/XX/XXXX  - EXCEPTION REMAINS.  XXX  Guidelines require.&#xXD;
§ For loans secured by properties appraised prior to the Federal/State declaration, the following post-disaster guidelines apply for XXX days after the declaration date:&#xXD;
§ An interior and exterior inspection of the subject property is required.  The original appraiser should perform the inspection and provide a certification stating:&#xXD;
- Subject property is free from damage and is in the same condition as previously appraised;&#xXD;
- Marketability and value remain the same.; XX/XX/XXXX  - Remnants of hurricane XXX .  Disaster declared XX/XX/XXXX;.  Loan closed XX/XX/XXXX.; XX/XX/XXXX  - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

221067656

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Transmittal Summary is Missing

XX/XX/XXXX - The transmittal summary is Missing;

XX/XX/XXXX - Change status of 'Transmittal Summary is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of the XXX;

XX/XX/XXXX - Exception Resolved; XX/XX/XXXX - The transmittal summary is Present; XX/XX/XXXX - Lender provided copy of the XXX; XX/XX/XXXX - Change status of 'Transmittal Summary is Missing' from Active to Open Rebuttal.

221078328

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Property is located in a FEMA disaster area

XX/XX/XXXX - Property is located in a FEMA disaster area with no post disaster inspection. XXX, XXX was impacted by Hurricanefrom XX/XX/XXXX to XX/XX/XXXX. Appraisal inspection completed XX/XX/XXXX. ;

XX/XX/XXXX - Change status of 'Property is located in a FEMA disaster area' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided PDI with no damage to the subject.;

XX/XX/XXXX - Exception Resolved ; XX/XX/XXXX - Post disaster inspection confirms no property damage; XX/XX/XXXX - Lender provided PDI with no damage to the subject.; XX/XX/XXXX - Change status of 'Property is located in a FEMA disaster area' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

221078328

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

XX/XX/XXXX - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection. XXX, XXX was impacted by Hurricanefrom XX/XX/XXXX to XX/XX/XXXX. Appraisal inspection completed XX/XX/XXXX. ;

XX/XX/XXXX - Exception Resolved ; XX/XX/XXXX - Post Disaster Inspection provided ; XX/XX/XXXX - Lender provided PDI with no damage to the subject.; XX/XX/XXXX - Change status of 'Property located in FEMA Declared Disaster Area with no subsequent Property Inspection' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

221088567

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: XXX. Purchase transaction with multiple high risk factors. XXX - Low probability that the subject property will be owner occupied. Borrower currently owns XXX or more properties with a value that is XXX% greater than the subject property value. XXX - Borrower owns XXX or more properties with a higher value or size than the declared owner occupied property. Borrower income consistent with historical patterns of risk. XXX - Possible match found on XXX . Possible match found on OFAC for Lender.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation clearing the fraud alert.;

XX/XX/XXXX - Exception resolved; XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Lender provided documentation clearing the fraud alert.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

221088567

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Note Document Indicator is Missing

XX/XX/XXXX - Note document indicator is Missing. Missing copy of the executed Note.;

XX/XX/XXXX - Change status of 'Note Document Indicator is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided a copy of the executed note;

XX/XX/XXXX - Exception Resolved; XX/XX/XXXX - Note document indicator is Present; XX/XX/XXXX - Lender provided a copy of the executed note; XX/XX/XXXX - Change status of 'Note Document Indicator is Missing' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

221088567

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Property is located in a FEMA disaster area

XX/XX/XXXX - Property is located in a FEMA disaster area with no post disaster inspection-storm #XXX- same day as appraisal date- XX/XX/XXXX and no damage reported; second FEMA #XXX XX/XX/XXXX declared and no post disaster report in file.;

XX/XX/XXXX - Change status of 'Property is located in a FEMA disaster area' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided a PDI with no damage to the subject.;

XX/XX/XXXX - Exception Resolved; XX/XX/XXXX - Post disaster inspection confirms no property damage; XX/XX/XXXX - Lender provided a PDI with no damage to the subject.; XX/XX/XXXX - Change status of 'Property is located in a FEMA disaster area' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

221088567

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Property located in FEMA Declared Disaster Area with no subsequent Property Inspection

XX/XX/XXXX - Property located in FEMA Declared Disaster Area with no subsequent Property Inspection;

XX/XX/XXXX - Exception Resolved; XX/XX/XXXX - Post Disaster Inspection provided ; XX/XX/XXXX - Lender provided a PDI with no damage to the subject.; XX/XX/XXXX - Change status of 'Property located in FEMA Declared Disaster Area with no subsequent Property Inspection' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

221098949

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - initial XXX has employment and income which is outside DSCR GLS.;

XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Final 1003 has no employment info;

XX/XX/XXXX - Exception resolved; XX/XX/XXXX - Final XXX has no employment info; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

221098949

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - initial XXX has employment and income which is outside DSCR GLS.;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Final XXX has no employment info;

XX/XX/XXXX - The borrower income verification does match approval. Exception resolved; XX/XX/XXXX - Final XXX has no employment info; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

221098949

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Updated XXX provided; XX/XX/XXXX - Borrower liabilities verified indicator is Partial- Lender to provide evidence of concurrent purchase for primary purchase to verify address and assets. Provide an updated XXX with purchase primary correct address.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Updated 1003 provided;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Updated XXX provided; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Borrower liabilities verified indicator is Partial- Lender to provide evidence of concurrent purchase for primary purchase to verify address and assets. Provide an updated XXX with purchase primary correct address.

221098949

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - per lenders XXX page XXX, borrower also purchasing a primary home which is not listed on final XXX. No evidence of concurrent primary purchase in file.; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception Resolved;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Exception Resolved; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

221098949

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Hazard Insurance Effective Date is after the Note Date

XX/XX/XXXX - Change severity of 'Hazard Insurance Effective Date is after the Note Date' from Material to Non-Material.;

XX/XX/XXXX - Acknowledged; XX/XX/XXXX - Change status of 'Hazard Insurance Effective Date is after the Note Date' from Active to Acknowledged by Client.

221098949

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Initial Credit Application is Partial

XX/XX/XXXX - Initial credit application is Partial - initial XXX page XXX has employment and income listed- for the subject file, DSCR, no employment and income should be listed per GL section XXX;

XX/XX/XXXX - Exception NA; XX/XX/XXXX - Initial credit application is Present

221098949

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - title commitment page XXX shows loan coverage IAO $XXX- loan amount is $XXX- insufficient coverage.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA;

XX/XX/XXXX - Exception NA; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

221119253

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

221119430

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient

XX/XX/XXXX - Exception Resolved.;

221119430

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. ($XXX plus XXX%). The subject loan amount is $XXX and no estimated reconstruction or additional dwelling coverage.;

XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Replacement Cost Estimator.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Hazard insurance coverage is sufficient.; XX/XX/XXXX - Lender provided Replacement Cost Estimator.; XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.

221119440

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval. XXX states lease to be provided for other investment property purchased simultaneously with s/p refi transaction; lease missing. Used stated rental income of $XXX on Final XXX.;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided lease agreements.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The borrower income verification does match approval; XX/XX/XXXX - Lender provided lease agreements.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

221119440

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial - lender to provide lease for concurrent purchase for XXX to verify monthly rents IAO $XXX month.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided lease agreements.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided lease agreements.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

221119440

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: high alert not cleared on fraud report page XXX for loan processor and match on Sam.gov- no evidence to clear found in file.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

410050338

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

ATR/QM Status is Pending

XX/XX/XXXX - ATR/QM Status is pending. Open exceptions for CoBorrower employment verification and DTI.;

XX/XX/XXXX - XXX

410050338

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

CoBorrower Employment Verification does not meet guidelines

XX/XX/XXXX - Provide XXX, EA, or licensed tax preparer letter or equivalent to verify the CoBorrower's percentage of ownership in XXX and that the business/applicant are active and/or in good standing as required by Section XXX of the Non-QHEM Guidelines dated XX/XX/XXXX.;

XX/XX/XXXX - Change status of 'CoBorrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided proof of XXX being in good standing with the state, XXX as sole member, and business as active. ;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided proof of XXX being in good standing with the state, XXX as sole member, and business as active. ; XX/XX/XXXX - Change status of 'CoBorrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

410050338

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Evidence of Rate Lock Provided; XX/XX/XXXX - Exception resolved, rate lock provided.

410050338

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

High-Cost Mortgage Date the Rate Was Set Validation Test

XX/XX/XXXX - This loan failed the date the rate was set validation test. ( XXX CFR Â§XXX(X)(i)(A), (C) )This loan did not provide the date the rate was set, which is required for the High-Cost Mortgage Finding.

XX/XX/XXXX - **Evidence of rate lock date not provided.;

XX/XX/XXXX - This compliance test 'High-Cost Mortgage Date the Rate Was Set Validation Test' is no longer tested

410050338

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Closing Disclosure Delivery Date Test

XX/XX/XXXX - This loan failed the initial closing disclosure delivery date test due to one of the following findings:( XXX CFR Â§XXX(f)(X)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph Â§XXX(f)(X)(i) no later than three business days before consummation.

XX/XX/XXXX - **Earliest CD provided was issued XX/XX/XXXX.;

XX/XX/XXXX - This loan passed the initial closing disclosure delivery date test.( XXX CFR §XXX(f)(X)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is not less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction. The creditor shall ensure that the consumer receives the disclosures required under paragraph §XXX(f)(X)(i) no later than three business days before consummation.

410050338

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - Excluded transfer of $XXX from Borrower’s XXX savings account ending #XXX to Borrower’s XXX account ending #XXX on XX/XX/XXXX (page XXX) from income calculation. XXX statements provided (pages XXX) to verify source of funds do not show a pattern of business deposits, and the transferred funds do not appear to be part of the applicant’s income stream as required by Section XXX of the Non-QHEM guidelines dated XX/XX/XXXX. Recalculated income for Borrower is $XXX/mon.; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.;

XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.; XX/XX/XXXX - Exception remains: Lender provided income calculation worksheet and P&L wanting to switch programs. Not allowed to switch programs from bank statements to P&L. Provide approved Lender exception.; XX/XX/XXXX - Exception remains. It appears the Lender did not apply the XXX% expense factor per XXX letter. Audit calculation of income is $XXX/month for the borrower.; XX/XX/XXXX - EXCEPTION REMAINS: Per the LOE provided by the lender XX/XX/XXXX, the transfer of funds $XXX were to pay off the borrowers car. Cannot include the transfer into the borrowers income stream per guideline XXX of the Non-QHEM guides dated XX/XX/XXXX.

420130249

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Missing business entity search in XXX business SOS search; missing good standing verification and reverified business prior to closing; need business narrative from borrower. ;

XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Business Narrative and current proof of good standing with the state. It is dated XX/XX/XXXX current proof of business existence. ;

XX/XX/XXXX - Exception Resolved. ; XX/XX/XXXX - Lender provided Business Narrative and current proof of good standing with the state. It is dated XX/XX/XXXX so current proof of business existence. ; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

420130249

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines; missing CD verifying prior primary residence at XXX sold. Need proof of XXX months satisfactory mortgage rating for this prior primary residence. Missing LOE for living rent free at current address XXX.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided proof that borrower no longer owns XXX. Mtg history (pg XXX) XXX on credit report. 0x3x76 months.

Also, provided signed letter re: living rent free from sale of XXX (XXX) until subject purchase.;

XX/XX/XXXX - Housing delinquency meets guidelines.. Exception Resolved.; XX/XX/XXXX - Lender provided proof that borrower no longer owns XXX. Mtg history (pg XXX) NEWAMFUND on credit report. XXX months.&#xXD;
&#xXD;
Also, provided signed letter re: living rent free from sale of XXX (XX/XX/XXXX) until subject purchase.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

420130249

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Appraiser indicated page XXX that $XXX worth of home furnishings is included in the sales price; no mention that appraised value does not include this amount. need appraiser to comment furnishings IAO $XXX not valued as part of the value.; XX/XX/XXXX - Origination Appraisal is Partial.;

XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of appraisal with appraiser addressing that no value was given for the furnishings.;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Lender provided copy of appraisal with appraiser addressing that no value was given for the furnishings.; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.

420140054

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - lender to provide missing rate lock documentation.;

XX/XX/XXXX - Evidence of Rate Lock Provided

420148538

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided policy with XXX% replacement cost value.;

XX/XX/XXXX - Hazard insurance coverage is sufficient. Exception Resolved; XX/XX/XXXX - Lender provided policy with XXX% replacement cost value.; XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.

420148539

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Higher-Priced Mortgage Loan Escrow Alert (12 CFR 1026.35(b))

XX/XX/XXXX - Loan is a Higher-Priced Mortgage Loan and Escrow Indicator is No Escrows. Impounds are required for HPML transactions.;

XX/XX/XXXX - NQM loan

420148539

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Missing Lender Granted Exception for Housing History (as noted on XXX in file). Borrower has no primary housing expense and the primary home is not shared with a spouse. XXX in file indicates Lender Granted Exception for housing history, please provide exception approval.;

XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Exception resolved, borrower has prior investment history > XXX months. Housing history not required.

420149059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.
;

XX/XX/XXXX - Final Loan Application is Present

420149059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: High risk indicators have not been cleared.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Exception resolved, high alerts cleared.

420149059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Note Document Indicator is Missing

XX/XX/XXXX - Note document indicator is Present; XX/XX/XXXX - Note document indicator is Missing;

XX/XX/XXXX - Note document indicator is Present; XX/XX/XXXX - Exception resolved, note provided.

420149059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Origination Appraisal is Partial. Missing market rent survey. Unable to determine DSCR. Additional conditions may apply.;

XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Exception resolved, XXX provided.

420149059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Security Instrument Indicator is Missing

XX/XX/XXXX - The security instrument indicator is Missing;

XX/XX/XXXX - The security instrument indicator is Present; XX/XX/XXXX - Exception resolved, mortgage provided.

420244499

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

420246501

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Evidence of Rate Lock Provided

420246501

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Missing

XX/XX/XXXX - Final loan application is Missing;

XX/XX/XXXX - Final loan application is Not Applicable

420246501

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard insurance coverage is sufficient.

420247178

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Lender provided evidence of rate lock.; XX/XX/XXXX - Change status of 'Evidence of Rate Lock Not Provided' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Evidence of Rate Lock Provided. Exception resolved.; XX/XX/XXXX - Lender provided evidence of rate lock.; XX/XX/XXXX - Change status of 'Evidence of Rate Lock Not Provided' from Active to Open Rebuttal.

420247178

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Minimum Trade Line Requirement Not Met

XX/XX/XXXX - XXX Requirement Not Met' from Active to Acknowledged by Client.;

XX/XX/XXXX - XXX open.

420247178

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting CLTV of XXX is greater than the maximum allowable guideline CLTV of XXX. Audit calculated DSCR at XXX%. Used the near XXX which limits the LTV/CLTV to XXX% max.;

XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Original CLTV of XXX adheres to the guideline maximum CLTV of XXX. Original LTV of XXX adheres to the guideline maximum LTV of XXX. Lender provided evidence borrower has rental management history and XXX for short term rental estimated rents to be used as compared to XXX market rents which makes loan eligible for XXX >X.XX DSCR program which allows XXX% LTV/CLTV.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Open Rebuttal.

420247178

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX based on a loan amount of XXX and value used for LTV of XXX. Audit calculated DSCR at XXX%. Used the near XXX which limits the LTV/CLTV to XXX% max.;

XX/XX/XXXX - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Original LTV of XXX adheres to the guideline maximum LTV of XXX. Lender provided evidence borrower has rental management history and XXX for short term rental estimated rents to be used as compared to XXX market rents which makes loan eligible for XXX >X.XX DSCR program which allows XXX% LTV/CLTV.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Open Rebuttal.

420247810

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval. DSCR loan missing the applicable rental income verification XXX (appraisal shows unit owner occupied) to determine rental income for DSCR ratio.;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

XX/XX/XXXX - The borrower income verification does match approval. XXX provided XXX with appraiser notes in appraisal sufficient.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

420247810

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Origination Appraisal is Partial. Missing XXX as required per lender guidelines for purchase transactions. File contains XXX projections in appraisal, missing traditional XXX or XXX as required per section XXX.X DSCR guideline pg XXX to calculate Rental Income and applicable DSCR ratio.;

XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.

420247810

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Security Instrument Indicator is Partial

XX/XX/XXXX - The security instrument indicator is Partial. The notary date on the mortgage is missing, only month and year indicated. pg XXX, missing day security instrument was signed by borrower.;

XX/XX/XXXX - Change status of 'Security Instrument Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX with new notary date and borrower sign date of X/XX/XXXX.;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - The security instrument indicator is Present; XX/XX/XXXX - Lender provided XXX with new notary date and borrower sign date of XX/XX/XXXX.; XX/XX/XXXX - Change status of 'Security Instrument Indicator is Partial' from Active to Open Rebuttal.

420250403

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard insurance coverage is sufficient.

521057414

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.; XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.;

XX/XX/XXXX - Start rate payment used in qualifying per lender GL's. Exception resolved; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.; XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

521109182

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: title prelim includes two (X) XXX tax liens, items # XXX and # XXX, page XXX; lender to provide final title policy with these two tax liens removed.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided final title policy.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided final title policy.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

521119352

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: XXX - This SSN was not found to be in a closed SSN block and therefore XXX not be issued or has been randomly issued.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Exception resolved, doc provided.

521129617

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial- liabilities on credit report are different from DTI liabilities in lenders XXX; lender to confirm mortgage liabilities mortgage payments, insurance and taxes for REOS and provide documentation for New REs mtg with pmt amount $XXX.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

521129617

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: fraud report page XXX referenced an uncleared high alert for other properties and no documentation to explain or clear this alert found in file.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of CD for the other property PITI info;

XX/XX/XXXX - Alerts from Fraud Report have been cleared. Exception resolved; XX/XX/XXXX - Lender provided copy of CD for the other property PITI info; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

521129617

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient

XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. The subject loan amount is $XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.;

XX/XX/XXXX - Hazard insurance coverage is XXX, the subject loan amount is $XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.

521129617

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. - Credit bureau reports New Res cml mtg pmt IAO $ XXX and not referenced on the XXX; fraud report high alert for other loans. Lender to provide LOE and updated XXX if necessary for review.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

621109119

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: high alert on fraud report page XXX for borrower and SSN; no verification of borrower's SSN in file; lender to provide proof of SSN and cleared fraud report.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided verification of SSN.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Lender provided verification of SSN.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

710042690

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Origination Appraisal is Partial. Appraisal in the loan file was completed for XXX. Guidelines XXX require a transfer letter from the lender of record. Provide transfer letter from XXX Mortgage.;

XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - memortgage is DBA hometown equity mortgage. Exception NA;

XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - XXX. Exception NA; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710043508

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Minimum Trade Line Requirement Not Met

XX/XX/XXXX  - Borrower XXX requirement per lender guidelines.   * Section XXX and XXX, pertaining to Forbearance/Modification/XXX, not met.  Borrower's modification was completed prior to funding; however, XXX months seasoning was not met for the conversion of portion of the original debt and XXX being more than XXX days derog (prior to loan mod).  Dates/pages below:

XXX (secured by subject, was previous primary). Pg XX. Was more than XXX days delinquent  (XXX) in XXX and prior.  Inside of XXX month seasoning requirement by guides.

Loan Mod finaled in XXX (pg XX).  Trial period began in XXX (pg XXX) and application began in XXX (XXX pg XX).  Pg XXX reflects the portion of XXX converted to XXX.

Both XXX and XXX being paid off with subject refinance but the derogs occurred within XXX months.

No Lender exception found in file.;

XX/XX/XXXX - XXX Line Requirement Not Met' from Material to Non-Material.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

710043508

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Title Policty is Partial

XX/XX/XXXX - Title policy is Partial. Lender final approval as of XX/XX/XXXX requires the Loan amount to per added to the XXX. pgXXX/XXX updated XXX XX/XX/XXXX does not have loan amount. Lender did not provide an updated Title supplement with correct Loan Policy amount and updated loan amount.;

XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Final Title Policy.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Title policy is Present; XX/XX/XXXX - Lender provided Final Title Policy.; XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Open Rebuttal.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

710043838

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

eSigned Documents Consent is Missing

XX/XX/XXXX - The eSigned documents consent is Missing.;

XX/XX/XXXX - The eSigned documents consent is Present.; XX/XX/XXXX - Exception resolved, doc provided.

710043838

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

710044583

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided 3rd party valuation supporting appraised value.;

XX/XX/XXXX - Third Party Valuation Product Provided. Exception Resolved.; XX/XX/XXXX - Lender provided XXX party valuation supporting appraised value.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.

710044583

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

XX/XX/XXXX - Third Party Valuation Product Not Provided and CU Score is XXX.;

XX/XX/XXXX - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than XXX' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided 3rd party valuation supporting appraised value.;

XX/XX/XXXX - Third Party Valuation Product Provided.; XX/XX/XXXX - Lender provided Xrd party valuation supporting appraised value.; XX/XX/XXXX - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than XXX' from Active to Open Rebuttal.

710045292

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - Discount points increased from $XXX to $XXX on final CD. Missing evidence of COC.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

710045292

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date Validation Test

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

710045292

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: Fraud report dated XX/XX/XXXX (page XXX), participant detail report risk indicator #X has not been cleared (XXX).;

XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

710045292

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided VOR.; XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing history does not meet guidelines. Guidelines X.X require housing payment history XXX not exceed XXX and XXX. Only XXX months history provided in the loan file. Provide additional housing verification for current and previous primary residence.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided VOR.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Lender provided VOR.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Housing history does not meet guidelines. Guidelines X.X require housing payment history XXX not exceed XXX and XXX. Only XXX months history provided in the loan file. Provide additional housing verification for current and previous primary residence.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

710045292

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

XX/XX/XXXX - Discount points increased from $XXX to $XXX on final CD. Missing evidence of COC. Increase of $XXX.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

710046158

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Active

Asset Documents are Incomplete

XX/XX/XXXX  - Asset Documents are Incomplete:; XX/XX/XXXX  - X) Section XXX.X of the XXX Guidelines dated XX/XX/XXXX states, "Business assets XXX be used for down payment, closing costs or reserves for self-employed borrowers. Borrowers on the loan must have at least XXX% ownership of the business and must be owners on the business account being utilized. Ownership percentage will be determined by CPA letter, operating agreement or equivalent.  All non-borrowing owners of the business must acknowledge the transaction and confirm the borrower(s) has access to funds in the account by providing a signed and dated letter stating such. To determine the borrower(s) portion of the business assets allowed for the transaction, multiply the balance of the business assets by the cumulative ownership percentage of the borrower(s)."  There was a transfer of $XXX from XXX account ending #XXXX to Borrower's XXX account ending #XXXX on XX/XX/XXXX.  Letter from XXX assistant branch manager (page XXX) indicates Borrower is an account owner.  Provide CPA letter, operating agreement or equivalent to verify all owners of XXX and their percentage of ownership.  Also provide documentation verifying all non-borrowing owners of the business acknowledged the transaction and confirmed the borrower(s) has access to funds in the account by providing a signed and dated letter.
X) There is a gap in transaction history for XXX account ending #XXXX.  Most recent statement has end date of XX/XX/XXXX (page XXX); however, there is an online account activity for account verifying transaction on XX/XX/XXXX only.  Provide documentation to verify transaction history from XX/XX/XXXX to XX/XX/XXXX for XXX account ending #XXXX.
X) Provide documentation to explain and source the large deposit of $XXX on XX/XX/XXXX to XXX account ending #XXXX.
X) Provide statement dated XX/XX/XXXX to XX/XX/XXXX for XXX account ending #XXXX.  Statements in file are not consecutive.
X) Wire transfer on XX/XX/XXXX for closing in amount of $XXX.  Verified assets total $XXX.  Provide documentation to verify history of XXX account ending #XXX from XX/XX/XXXX to XX/XX/XXXX transfer date.
;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710046158

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Active

Borrower Credit Report Indicator is Partial

XX/XX/XXXX - Section X.X of the XXX Guidelines dated XX/XX/XXXX states, "All loan documentation must be dated within XXX days of the note date." Credit report dated XX/XX/XXXX is XXX days prior to Note date. Provide updated credit report.; XX/XX/XXXX - Borrower credit report indicator is Partial;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710046158

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Active

DSCR is less than guideline minimum

XX/XX/XXXX - Section XXX.X of the XXX Guidelines dated XX/XX/XXXX states regarding purchase transactions, "If the transaction is a purchase and the subject is unoccupied, utilize the market rent survey from the appraisal." Subject property is occupied, and the Operating Income Statement verifies current total rent of $XXX/mon. Lease agreements were not provided. Lender utilized estimated market rents of $XXX/mon. Guidelines do not address occupied properties. XXX current rent of $XXX utilized for re-calculation of DSCR which results in DSCR under XXX, and the near XXX matrix would be applicable.; XX/XX/XXXX - Qualifying DSCR of XXX is less than guideline minimum requirement of XXX.;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710046158

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Active

Final Loan Application is Partial

XX/XX/XXXX - Add XXX to XXX Information section of final loan application.; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Add XXX to XXX Information section of final loan application.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710046158

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Active

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report includes the following alert: Other Properties Owned found. The Property Ownership Search section of XXX report (page XXX) indicates Borrower acquired XXX in XX/XX/XXXX. Property should be added to final loan application. Provide mortgage payment history from acquisition date or evidence property owned free and clear. ;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710046158

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Active

Fully Executed purchase Contract is Partial

XX/XX/XXXX - Addendum to Contract #XXX in file (page XXX). Provide Addenda to Contract #XXX.; XX/XX/XXXX - The fully executed purchase contract is Partial;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710046158

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Active

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines.; XX/XX/XXXX - Provide documentation to verify XXX payment for XXX loan ending #XXXX.;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710046158

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Active

Insufficient cash to close.

XX/XX/XXXX - Cash to close in the amount of XXX is greater than the available asset amount of XXX.;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710046158

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Active

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - DSCR under XXX; so, near XXX matrix applicable which requires XXX months of reserves.;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710046158

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Active

Origination Appraisal is Partial

XX/XX/XXXX - Section X.X of the XXX Guidelines dated XX/XX/XXXX states, "Appraisals in the brokers name are not acceptable." Appraisal is in the name of broker, XXX.; XX/XX/XXXX - Origination Appraisal is Partial.;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710046158

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Active

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting CLTV of XXX is greater than the maximum allowable guideline CLTV of XXX.; XX/XX/XXXX - Section XXX.X of the XXX Guidelines dated XX/XX/XXXX states regarding purchase transactions, "If the transaction is a purchase and the subject is unoccupied, utilize the market rent survey from the appraisal." Subject property is occupied, and the Operating Income Statement verifies current total rent of $XXX/mon. Lender utilized estimated market rents of $XXX/mon. Guidelines do not address occupied properties. XXX current rent of $XXX utilized for re-calculation of DSCR which results in DSCR under XXX, and the near XXX matrix would be applicable which restricts CLTV to XXX% for a purchase transaction.;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710046158

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Active

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Section XXX.X of the XXX Guidelines dated XX/XX/XXXX states regarding purchase transactions, "If the transaction is a purchase and the subject is unoccupied, utilize the market rent survey from the appraisal." Subject property is occupied, and the Operating Income Statement verifies current total rent of $XXX/mon. Lender utilized estimated market rents of $XXX/mon. Guidelines do not address occupied properties. XXX current rent of $XXX utilized for re-calculation of DSCR which results in DSCR under XXX, and the near XXX matrix would be applicable which restricts LTV to XXX% for a purchase transaction.; XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX based on a loan amount of XXX and value used for LTV of XXX.;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

710046446

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Unresolved derogatory credit

XX/XX/XXXX - Borrower has unresolved derogatory credit. Two (XXX) XXX disputed accounts on credit bureau IAO $XXX and a recent derogatory account (authorized user) for XXX IAO $XXX reported XX/XX/XXXX; per GLs disputed account should be removed and a new credit bureau pulled.;

XX/XX/XXXX - Change severity of 'Unresolved derogatory credit' from Material to Non-Material.; XX/XX/XXXX - Lender provided approved exception for the derog credit.; XX/XX/XXXX - Change status of 'Unresolved derogatory credit' from Active to Acknowledged by Client.; XX/XX/XXXX - Borrower has unresolved derogatory credit.

710046646

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Lender to provide missing rate lock;

XX/XX/XXXX - Evidence of Rate Lock Provided

710046646

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - The borrowers did not complete the declaration question on the second page of the Commercial Loan application that states " Is the applicant and/or co-applicant party to a lawsuit". Please have the borrowers complete the declarations. ;

XX/XX/XXXX - Final Loan Application is Present

710046944

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - The XXX indicates the property is XXX occupied. Provide updated appraisal to reflect tenant occupied. ;

XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Exception resolved, corrected appraisal provided.

710047134

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. Guidelines XXX require an undisclosed debt monitoring report dated within XXX days of closing. Provide required report.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided updated guidelines, undisclosed debt monitoring within XXX days of the note not required; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

710047134

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided;

XX/XX/XXXX - Evidence of Rate Lock Provided

710047134

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Minimum Trade Line Requirement Not Met

XX/XX/XXXX - XXX line.;

XX/XX/XXXX - XXX Line Requirement Not Met' from Material to Non-Material.

710047134

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Originator NMLS Status is Not Found

XX/XX/XXXX - The originator NMLS status is Not Found. Missing originator name and NMLS number.;

XX/XX/XXXX - The originator NMLS status is Active

710047134

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Security Instrument Indicator is Partial

XX/XX/XXXX - The security instrument indicator is Partial. Missing prepayment rider to mortgage.;

XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Security Instrument Indicator is Partial' from Active to Open Rebuttal.;

710047205

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.

710047205

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Closing Disclosure Delivery Date and Changed Circumstances Date Test

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.

710047205

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.

710047205

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Revised Closing Disclosure Delivery Date Test (Waiting Period Required) Test

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.

710047205

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Revised Loan Estimate Delivery Date and Changed Circumstances Date Test

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.

710047205

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Original CLTV of XXX adheres to the guideline maximum CLTV of XXX.; XX/XX/XXXX - Exception resolved. Approved lender exception provided.;

XX/XX/XXXX - Original CLTV of XXX adheres to the guideline maximum CLTV of XXX.; XX/XX/XXXX - Exception resolved. Approved lender exception provided.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.

710047205

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Exception resolved. Approved lender exception provided.; XX/XX/XXXX - Original LTV of XXX adheres to the guideline maximum LTV of XXX.;

XX/XX/XXXX - Original LTV of XXX adheres to the guideline maximum LTV of XXX.; XX/XX/XXXX - Exception resolved. Approved lender exception provided.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.

710047212

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - No COC was found during UW audit review to match the changes on the final LE. ;

710047212

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That In Total Cannot Increase More Than XXX% Test

XX/XX/XXXX - This loan passed the charges that in total cannot increase more than XXX% test. (XX CFR Â§XXXXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to Â§XXXXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) do not exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under Â§XXXXX(e)(X)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with Â§XXXXX(e)(X)(vi).

710047212

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date Validation Test

710047212

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final XXXX-time at current address is not completed. If less than XXX years need to complete former address.; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided corrected/completed time at current address. ;

XX/XX/XXXX - Final Loan Application is Present. Exception Resolved.; XX/XX/XXXX - Lender provided corrected/completed time at current address. ; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

710047212

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - Guidelines X.X require the most recent XXX months consecutive cancelled checks (front and back) along with a copy of the lease agreement if the applicant rents from a private landlord.; XX/XX/XXXX - Housing history does not meet guidelines.;

XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.; XX/XX/XXXX - Approved lender exception in the loan for to use private party VOM.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.

710047212

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Initial Credit Application is Partial

XX/XX/XXXX - Initial credit application is Partial. Missing signature of originator on initial application. Additionally, time at current address is not completed. If less than XXX years need to complete former address.;

XX/XX/XXXX - Change status of 'Initial Credit Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Initial XXX with originator signature. See commentary in XXX folder regarding time at current address. It is corrected on Final XXXX.;

XX/XX/XXXX - Initial credit application is Present. Exception Resolved.; XX/XX/XXXX - Lender provided Initial XXX with originator signature. See commentary in XXX folder regarding time at current address. It is corrected on Final XXX.; XX/XX/XXXX - Change status of 'Initial Credit Application is Partial' from Active to Open Rebuttal.

710047212

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Loan Estimate Delivery Date Test (from application)

XX/XX/XXXX - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( XXX CFR Â§XXXXX(e)(X)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $XXX, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXXXX(a)(X) and as it relates to Â§XXXXX(e)(X)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe creditor shall deliver or place in the mail the disclosures required under Â§XXXXX(e)(X)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

XX/XX/XXXX - Initial LE was not provided within XXX days of the initial application date of XX/XX/XXXX.;

710047212

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.; XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.;

XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.

710047212

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

710047212

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

RESPA Homeownership Counseling Organizations Disclosure Date Test

XX/XX/XXXX - This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( XXX CFR Â§XXXXX(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(X)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(X)Data made available by the Bureau or XXX for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXXXX(b) and as it relates to Â§XXXXX (list of homeownership counseling organizations provided not later than XXX business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NonePlease note: This test does not validate the content of any list of homeownership counseling organizations.

XX/XX/XXXX - Disclosure was not provided within XXX days of the initial application date of XX/XX/XXXX.;

XX/XX/XXXX - This loan passed the homeownership counseling organizations disclosure date test. ( XXX CFR §XXXXXX(a) )The loan has a homeownership counseling organizations disclosure date that is within three business days of the loan originator's application date, and the homeownership counseling organizations disclosure date is on or before the closing date. Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(X)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(X)Data made available by the Bureau or XXX for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data. This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXXXX(b) and as it relates to §XXXXXX (list of homeownership counseling organizations provided not later than XXX business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Veterans Day (XX/XX/XXXX)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict. Please note: This test does not validate the content of any list of homeownership counseling organizations.

710047212

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Settlement Cost Booklet was provided more than XXX days from the Originator Application Date

XX/XX/XXXX - Settlement Cost Booklet date of XX/XX/XXXX is more than XXX days from the Originator application date of XX/XX/XXXX;

XX/XX/XXXX - Initial App provided as XXX (XXX). Application date was corrected in XXX.; XX/XX/XXXX - Settlement Cost Booklet date of XX/XX/XXXX is within XXX days from the Originator application date of XX/XX/XXXX

710048004

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That In Total Cannot Increase More Than 10% Test

XX/XX/XXXX - This loan failed the charges that in total cannot increase more than XXX% test. (XXX CFR Â§XXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to Â§XXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under Â§XXX(e)(X)(i) by more than XX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with Â§XXX(e)(X)(vi).

XX/XX/XXXX - no COC in file for mortgage recording fee increase;

XX/XX/XXXX - Change status of 'Charges That In Total Cannot Increase More Than XXX% Test' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated PCCD with tolerance cure of $XXX to correct breach for recording fee.;

XX/XX/XXXX - This loan passed the charges that in total cannot increase more than XXX% test. (XXX CFR §XXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §XXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) do not exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §XXX(e)(X)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §XXX(e)(X)(vi).; XX/XX/XXXX - Change status of 'Charges That In Total Cannot Increase More Than XXX% Test' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated PCCD with tolerance cure of $XXX to correct breach for recording fee.; XX/XX/XXXX - Lender provided a second CD for XX/XX/XXXX. Different than one in file so added in Verify. Did not cure. ; XX/XX/XXXX - This loan failed the charges that in total cannot increase more than XXX% test. (XXX CFR §XXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §XXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §XXX(e)(X)(i) by more than XX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §XXX(e)(X)(vi).

710048004

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Non-Numeric Clerical Error and Post-Consummation Revised Closing Disclosure Delivery Date Test

XX/XX/XXXX - This loan passed the non-numeric clerical error and post-consummation revised closing disclosure delivery date test.( XXX CFR Â§XXX(f)(X)(iv) )The post-consummation reason for redisclosure is "non-numeric clerical error" and the post-consummation revised closing disclosure delivery date is not more than XXX calendar days after the consummation date, or closing / settlement date if no consummation date was provided.Changes due to clerical errors. A creditor does not violate Â§XXX(f)(X)(i) if the disclosures provided under Â§XXX(f)(X)(i) contain non-numeric clerical errors, provided the creditor delivers or places in the mail corrected disclosures no later than XXX days after consummation.

710048004

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TILA Finance Charge Test

710048257

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710048257

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That In Total Cannot Increase More Than XXX% Test

XX/XX/XXXX - Exception remains: Missing COC for increase in fees. Charges in section XXX increased more than XXX%.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710048257

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date Validation Test

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710048257

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Closing Disclosure Delivery Date and Changed Circumstances Date Test

XX/XX/XXXX - This loan failed the initial closing disclosure delivery date and changed circumstances date test. ( XXX CFR Â§XXXXX(e)(X)(iv)(A) - (C), (E), (F) , and (D) as amended in XXXX , and XXX CFR Â§XXXXX(e)(X)(i) )The initial closing disclosure delivery date is either:Later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor receives information sufficient to establish that a changed circumstance has occurred; orBefore the creditor receives information sufficient to establish that a changed circumstance has occurred.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXXXX(a)(X) and as it relates to Â§XXXXX(e)(X)(i) (revised loan estimate disclosure) and Â§XXXXX(e)(X)(ii) (relationship to closing disclosure).This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If a creditor uses a revised estimate for the purpose of determining good faith for the zero tolerance and XXX% tolerance categories under Â§XXXXX(e)(X)(i) and (ii), the creditor shall provide a revised version of the disclosures required under Â§XXXXX(e)(X)(i) reflecting the revised estimate either:Within three business days of receiving information sufficient to establish that one of the reasons for revision provided under Â§XXXXX(e)(X)(iv)(A) through (C), (E) and (F) applies; orNo later than three business days after the date the interest rate is locked, for revision provided under Â§XXXXX(e)(X)(iv)(D). The revised version of the disclosures required under Â§XXXXX(e)(X)(i) shall contain the revised interest rate, the points disclosed pursuant to Â§XXXXX(f)(X), lender credits, and any other interest rate dependent charges and terms.Official InterpretationsXX C.F.R. Â§XXXXX(e)(X)(ii)Relationship to disclosures required under Â§XXXXX(f)(X)(i).Revised disclosures XXX not be delivered at the same time as the Closing Disclosure. Â§XXXXX(e)(X)(ii) prohibits a creditor from providing a revised version of the disclosures required under Â§XXXXX(e)(X)(i) on or after the date on which the creditor provides the disclosures required under Â§XXXXX(f)(X)(i)...However, if a creditor uses a revised estimate pursuant to Â§ XXXXX(e)(X)(iv) for the purpose of determining good faith under Â§ XXXXX(e)(X)(i) and (ii), Â§ XXXXX(e)(X)(i) permits the creditor to provide the revised estimate in the disclosures required under Â§ XXXXX(f)(X)(i) (including any corrected disclosures provided under Â§ XXXXX(f)(X)(i) or (ii)).

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710048257

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Closing Disclosure Delivery Date Test

XX/XX/XXXX - This loan failed the initial closing disclosure delivery date test due to one of the following findings:( XXX CFR Â§XXXXX(f)(X)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph Â§XXXXX(f)(X)(i) no later than three business days before consummation.

XX/XX/XXXX - CD provided dated XX/XX/XXXX.; XX/XX/XXXX - Exception remains: Missing preliminary closing disclosure.;

XX/XX/XXXX - This loan passed the initial closing disclosure delivery date test.( XXX CFR §XXXXXX(f)(X)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is not less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is not less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction. The creditor shall ensure that the consumer receives the disclosures required under paragraph §XXXXXX(f)(X)(i) no later than three business days before consummation.; XX/XX/XXXX - CD provided dated XX/XX/XXXX.; XX/XX/XXXX - This loan failed the initial closing disclosure delivery date test due to one of the following findings:( XXX CFR §XXXXXX(f)(X)(ii) )The initial closing disclosure delivery date is provided and the initial closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the initial closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the initial closing disclosure delivery date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe initial closing disclosure receipt date is provided and the initial closing disclosure receipt date is less than three business days (counting all calendar days except Sunday and specified legal public holidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transactionThe creditor shall ensure that the consumer receives the disclosures required under paragraph §XXXXXX(f)(X)(i) no later than three business days before consummation.; XX/XX/XXXX - Exception remains: Missing preliminary closing disclosure.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710048257

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Loan Estimate Delivery Date Test (from application)

XX/XX/XXXX - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( XXX CFR Â§XXXXX(e)(X)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $XXX, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXXXX(a)(X) and as it relates to Â§XXXXX(e)(X)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Thanksgiving Day (XX/XX/XXXX)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under Â§XXXXX(e)(X)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

XX/XX/XXXX - application date XX/XX/XXXX and LE sent XX/XX/XXXX;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710048257

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - Change severity of 'Qualifying DTI exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.;

XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710048257

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710048257

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: title prelim shows informational note item # XXX page XXX " no deed out of XXX"; lender to provide final title policy with this removed if not a chain of title or cloud issue regarding XXX probate laws. ;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided clear title. ;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided clear title. ; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710048257

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TRID Initial Closing Disclosure Date and Funding Date Validation Test

XX/XX/XXXX - This loan failed the TRID closing disclosure date and funding date validation test.This loan contains a closing disclosure receipt date (or closing disclosure delivery date if receipt date was not provided) that is after the funding date. Please review the loan data to ensure the dates are in the correct fields.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710048262

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Missing verification borrower has at least XXX% ownership in XXX Inc.;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved. Doc provided.

710048262

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Guidelines section XXX require the most recent XXX months consecutive cancelled checks (front and back) along with a copy of the lease agreement if the borrower rents from a private XXX.;

XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Exception resolved. Lease agreement provided.

710048262

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Revised Closing Disclosure Delivery Date Test (No Waiting Period Required) Test

XX/XX/XXXX - This loan failed the revised closing disclosure delivery date test (no waiting period required). ( XXX CFR Â§XXX(f)(X)(i) )The revised closing disclosure delivery does not require a new waiting period and:The revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as "In Person" and the revised closing disclosure delivery date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is after the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation not requiring a new waiting period. Except as provided in Â§XXX(f)(X)(ii), if the disclosures provided under Â§XXX(f)(X)(i) become inaccurate before consummation, the creditor shall provide corrected disclosures reflecting any changed terms to the consumer so that the consumer receives the corrected disclosures at or before consummation. Notwithstanding the requirement to provide corrected disclosures at or before consummation, the creditor shall permit the consumer to inspect the disclosures provided under this paragraph, completed to set forth those items that are known to the creditor at the time of inspection, during the business day immediately preceding consummation, but the creditor may omit from inspection items related only to the seller's transaction.

710048262

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

The file does not contain a complete copy of the Closing Disclosure. Unable to fully test for TRID tolerance.

XX/XX/XXXX - The file does not contain a complete copy of the Closing Disclosure. Unable to fully test for TRID tolerance. Missing Final CD signed and dated by the borrower.;

XX/XX/XXXX - The file contains at least one complete copy of the Closing Disclosure. The file contains at least one copy of a Closing Disclosure. ; XX/XX/XXXX - Exception resolved, signed and dated final CD provided.

710048262

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TILA Finance Charge Test

710048262

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TRID Total of Payments Test

XX/XX/XXXX - This loan failed the TRID total of payments test. ( XXX CFR Â§XXX(o)(X) )The total of payments is $XXX. The disclosed total of payments of $XXX is not considered accurate because it is understated by more than $XXX.

710048435

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower residency documentation not provided or issue with documentation

XX/XX/XXXX - The initial XXX indicates that the Borrower is a non-permanent resident and the final XXX indicates borrower is a XXX citizen. The file does not have any verification of the borrowers immigration status. The Passport on page XXX is XXX and the XXX card is for work auth only. Section XXX of the Non-QHEM indicates the file must contain a copy of the borrowers visa. Please obtain a copy of the borrowers XXX. ;

XX/XX/XXXX - Change status of 'Borrower residency documentation not provided or issue with documentation' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided form XXX. Valid util XX/XX/XXXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower residency documentation has been provided and there are no issues with documentation. ; XX/XX/XXXX - Lender provided form I-XXX. Valid util XX/XX/XXXX.; XX/XX/XXXX - Change status of 'Borrower residency documentation not provided or issue with documentation' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains: Lender provided a copy of borrower's passport. Guidelines require a copy of the borrower's XXX.

710048463

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - The loan file contains the XXX Secretary of State filing however it does not reflect the borrower's percentage of ownership. Provide evidence of percentage of ownership. Guidelines require XXX% ownership.;

XX/XX/XXXX - Change severity of 'Borrower Employment Verification does not meet guidelines' from Material to Non-Material.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Acknowledged by Client. XX/XX/XXXX - EXCEPTION REMAINS: Lender provided XXX Secretary of State filing however it does not provide ownership. Provide CPA letter verifying ownership. Guidelines require XXX% ownership. Per the HEM guidelines, we will need verification borrowers own > XXX% by a CPA, EA or licensed tax preparer. ; XX/XX/XXXX - EXCEPTION REMAINS: Letter from the borrower stating they have no CPA and they are XXX% owners. Per the XXX guidelines, we will need verification borrowers own > XXX% by a CPA, EA or licensed tax preparer. ; XX/XX/XXXX - Exception remains: Lender provided XXX Secretary of State filing however it does not provide ownership. Provide CPA letter verifying ownership. Guidelines require XXX% ownership.; XX/XX/XXXX - Exception remains: Lender provided XXX Secretary of State filing however it does not provide ownership. Provide additional doc verifying ownership. Guidelines require XXX% ownership.

710048463

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: Risk Indicators XXX; XXX have not been cleared.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Exception resolved. Alerts cleared.

710048756

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - This loan failed the charges that cannot increase test. (XXX CFR Â§XXX(e)(X)(i))The loan contains charges that exceed the good faith determination according to Â§XXX(e)(X)(i).One or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX. Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to Â§XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under Â§XXX(e)(X)(i).

XX/XX/XXXX - Change severity of 'Charges That Cannot Increase Test' from Non-Material to Material.; XX/XX/XXXX - Transfer tax fee of $XXX increased to $XXX on the final CD. COC not found in the file.;

XX/XX/XXXX - Change status of 'Charges That Cannot Increase Test' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided PCCD with $XXX cure for the tax stamps;

710048756

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date Validation Test

XX/XX/XXXX - Change status of 'Consummation or Reimbursement Date Validation Test' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided PCCD with $XXX cure for the tax stamps;

XX/XX/XXXX - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested; XX/XX/XXXX - Change status of 'Consummation or Reimbursement Date Validation Test' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided PCCD with $XXX cure for the tax stamps

710048756

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - Per the Guidelines, the file must document a XXX month verification of rental history. The file does not contain any evidence of rental history. Please obtain a verification of rent. .;

XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.; XX/XX/XXXX - Lender provided copy of approved exception for the XXX mo. VOR.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.

710048756

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

XX/XX/XXXX - This loan failed the reimbursement amount test. (XXX CFR Â§XXX(f)(X)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX. Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under Â§XXX(e)(X)(i) or (ii), the creditor complies with Â§XXX(e)(X)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with Â§XXX(f)(X)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.

XX/XX/XXXX - Transfer tax fee of $XXX increased to $XXX on the final CD. COC not found in the file.;

XX/XX/XXXX - Change status of 'Reimbursement Amount Test' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided PCCD with $XXX cure for the tax stamps;

XX/XX/XXXX - This compliance test 'Reimbursement Amount Test' is no longer tested; XX/XX/XXXX - Change status of 'Reimbursement Amount Test' from Active to Open Rebuttal.; XX/XX/XXXX - Change severity of 'Reimbursement Amount Test' from Material to Non-Material.; XX/XX/XXXX - Lender provided PCCD with $XXX cure for the tax stamps

710048756

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TRID Post-Consummation Reason for Redisclosure Validation Test

XX/XX/XXXX - This loan failed the TRID post-consummation reason for redisclosure validation test.This loan contains a post-consummation revised closing disclosure delivery date but does not provide the reason for the redisclosure after consummation. The reason is required in order to audit post-consummation redisclosure timing tests.

710048992

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That In Total Cannot Increase More Than 10% Test

XX/XX/XXXX - This loan failed the charges that in total cannot increase more than XXX% test. (XXX CFR Â§XXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to Â§XXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXXXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under Â§XXX(e)(X)(i) by more than XX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with Â§XXX(e)(X)(vi).

XX/XX/XXXX - Increase in Mortgage Recording fees without a valid Change in Circumstance of more than XXX%.;

710048992

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date Validation Test

XX/XX/XXXX - Reimbursement Date Validation Fail due to missing Change of Circumstance for Mortgage Recording fee increase above tolerance of $XXX, lender has not reimbursed borrower or provided applicable Change of Circumstance in file for review.;

XX/XX/XXXX - This compliance test 'Consummation or Reimbursement Date Validation Test' is no longer tested

710048992

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

XX/XX/XXXX - Due to Increase in Mortgage Recording fee without applicable Change of Circumstance in file, tolerance cure credit of $XXX due to borrower.;

710048992

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TRID Post-Consummation Reason for Redisclosure Validation Test

710049000

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Guidelines require XXX month housing history verification showing XXX. If living rent free max LTV is XXX%.;

XX/XX/XXXX - Exception provided.; XX/XX/XXXX - Housing history does not meet guidelines.; XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.; XX/XX/XXXX - Approved lender exception provided.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.

710049000

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Lender provided CU Score of XXX Third Party Product not required.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.;

XX/XX/XXXX - Third Party Valuation Product Provided. CU Score of XXX.; XX/XX/XXXX - Lender provided CU Score of XXX- Third Party Product not required.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.

710049000

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

UCDP Summary Report is Missing

XX/XX/XXXX - The SSR indicator is Missing;

XX/XX/XXXX - Lender provided UCDP Summary.; XX/XX/XXXX - Change status of 'UCDP Summary Report is Missing' from Active to Open Rebuttal.;

XX/XX/XXXX - The SSR indicator is Present; XX/XX/XXXX - Lender provided UCDP Summary.; XX/XX/XXXX - Change status of 'UCDP Summary Report is Missing' from Active to Open Rebuttal.

710049316

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Per Diem Interest Amount Test

XX/XX/XXXX - This loan failed the per diem interest amount test. (XXX Bus. Prof. Code Â§XXX)The per diem interest amount charged on the loan ($XXX) exceeds the per diem interest charge or credit threshold ($XXX).PLEASE NOTE: An additional $XXX buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.

XX/XX/XXXX - EXCEPTION REMAINS: Lender provided the PCCD from XX/XX/XXXX with the incorrect per diem collected. Please provide a PCCD with updated and corrected per diem amount.; XX/XX/XXXX - EXCPETION REMAINS: Lender provided the final settlement statement and PCCD with disbursement date of XX/XX/XXXX and not XX/XX/XXXX. Lender needs to correct the per diem interest amount and reimburse the borrower any over charge. ;

XX/XX/XXXX - This loan passed the per diem interest amount test. (XXX Bus. Prof. Code §XXX)The per diem interest amount charged on the loan ($XXX) does not exceed the per diem interest charge or credit threshold ($XXX).PLEASE NOTE: An additional $XXX buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.; XX/XX/XXXX - This loan failed the per diem interest amount test. (XXX Bus. Prof. Code §XXXXX)The per diem interest amount charged on the loan ($XXX) exceeds the per diem interest charge or credit threshold ($XXX).PLEASE NOTE: An additional $XXX buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.; XX/XX/XXXX - EXCEPTION REMAINS: Lender provided the PCCD from XX/XX/XXXX with the incorrect per diem collected. Please provide a PCCD with updated and corrected per diem amount.; XX/XX/XXXX - This loan failed the per diem interest amount test. (XXX Bus. Prof. Code §XXXXX)The per diem interest amount charged on the loan ($XXX) exceeds the per diem interest charge or credit threshold ($XXX).PLEASE NOTE: An additional $X buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.; XX/XX/XXXX - This loan failed the per diem interest amount test. (CA Bus. Prof. Code §XXXXX)The per diem interest amount charged on the loan ($XXX) exceeds the per diem interest charge or credit threshold ($XXX).PLEASE NOTE: An additional $XXX buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.; XX/XX/XXXX - EXCPETION REMAINS: Lender provided the final settlement statement and PCCD with disbursement date of XX/XX/XXXX and not XX/XX/XXXX. Lender needs to correct the per diem interest amount and reimburse the borrower any over charge.

710049623

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - X Applications in file. Initial Application date of XXX per page XXX in file. Missing LE within XXX days of initial application date to complete compliance testing. Additional Conditions may apply.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710049623

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That In Total Cannot Increase More Than 10% Test

XX/XX/XXXX - XXX Applications in file. Initial Application date of XX/XX/XXXX per page XXX in file. Missing LE within XXX days of initial application date to complete compliance testing. Additional Conditions may apply.;

XX/XX/XXXX - This loan passed the charges that in total cannot increase more than XXX% test. (XXX CFR §XXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §XXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) do not exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §XXX(e)(X)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §XXX(e)(X)(vi).; XX/XX/XXXX - Exception remains. Lender provided the initial LE dated XX/XX/XXXX. Per the initial LE dated XX/XX/XXXX, no recording fee was disclosed in section E. Please provided a PCCD with the tolerance cure of $XXX credited to the borrower and a copy of the check. ; XX/XX/XXXX - This loan failed the charges that in total cannot increase more than XXX% test. (XXX CFR §XXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to §XXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures. An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §XXX(e)(X)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §XXX(e)(X)(vi).; XX/XX/XXXX - Per the initial LE dated XX/XX/XXXX provided by the lender, no recording fee was disclosed in section E. Please provided a PCCD with the tolerance cure of $XXX credited to the borrower and a copy of the check.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710049623

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date Validation Test

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710049623

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Missing rental verification from property mgmnt company for XXX months; if renting from a private individual, need most recent XXX months cancelled checks (front and back) plus copy of lease.;

XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Exception resolved, rental verification provided.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710049623

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Loan Estimate Delivery Date Test (from application)

XX/XX/XXXX - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( XXX CFR Â§XXX(e)(X)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $X, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXX(a)(X) and as it relates to Â§XXX(e)(X)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on Thanksgiving Day (XX/XX/XXXX)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under Â§XXX(e)(X)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

XX/XX/XXXX - Applications in file. Initial Application date of XXX per page XXX in file. Missing LE within XXX days of initial application date to complete compliance testing. Additional Conditions may apply.;

XX/XX/XXXX - This loan passed the initial loan estimate delivery date test (from application).( XXX CFR §XXX(e)(X)(iii)(A) )The initial loan estimate delivery date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application. This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXX(a)(XXX) and as it relates to §XXX(e)(XXX)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page: As not being open on Thanksgiving Day (XX/XX/XXXX)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict. The creditor shall deliver or place in the mail the disclosures required under §XXX(e)(X)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.; XX/XX/XXXX - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( XXX CFR §XXX(e)(X)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application. Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $XXX, regardless of the actual values on the disclosure. This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXX(a)(X) and as it relates to §XXX(e)(X)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page: As not being open on Thanksgiving Day (XX/XX/XXXX)PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, ComplianceAnalyzer calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict. The creditor shall deliver or place in the mail the disclosures required under §XXX(e)(X)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710049623

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Post-Consummation Cure Reimbursement and Revised Closing Disclosure Delivery Date Test

XX/XX/XXXX - This loan failed the post-consummation cure reimbursement and revised closing disclosure delivery date test. ( XXX CFR Â§XXX(f)(X)(v) )The post-consummation reason for redisclosure is "post-consummation cure for violation of tolerance/variation" or:The post-consummation revised closing disclosure delivery date is more than XXX calendar days after the consummation date, or closing / settlement date if no consummation date was provided; orThe provided reimbursement date is more than XX calendar days after the consummation date, or closing / settlement date if no consummation date was provided.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under Â§XXX(e)(X)(i) or (ii), the creditor complies with Â§XXX(e)(X)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with Â§XXX(f)(X)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710049623

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TRID Post-Consummation Reason for Redisclosure Validation Test

XX/XX/XXXX - Applications in file. Initial Application date of XX/XX/XXXX per page XXX in file. Missing LE within XXX days of initial application date to complete compliance testing. Additional Conditions may apply.;

XX/XX/XXXX - This compliance test 'TRID Post-Consummation Reason for Redisclosure Validation Test' is no longer tested; XX/XX/XXXX - This loan failed the TRID post-consummation reason for redisclosure validation test.This loan contains a post-consummation revised closing disclosure delivery date but does not provide the reason for the redisclosure after consummation. The reason is required in order to audit post-consummation redisclosure timing tests.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710049623

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting CLTV of XXX is greater than the maximum allowable guideline CLTV of XXX.; XX/XX/XXXX - GL max avail for a PR Purchase = XXX%

CLTV=$XXX/$XXX, XXX = XXX%;

XX/XX/XXXX - Approved exception provided.; XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Exception resolved. Approved lender exception to XXX% cltv provided.; XX/XX/XXXX - Change severity of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Material to Non-Material.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710049623

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX based on a loan amount of $XXX and value used for LTV of ___.; XX/XX/XXXX - GL max avail for a PR Purchase = XXX%

LTV=$XXX/$XXX XXX = XXX%;

XX/XX/XXXX - Approved exception provided.; XX/XX/XXXX - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Exception resolved. Approved lender exception to XXX% ltv provided.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: Lender to provide XXX statement missing from file for account # XXX; full statement required versus interest listing. Borrower to provide an LOE as to why no business deposits in XX/XX/XXXX.;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of XXX bank statement.;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - Lender provided copy of XXX bank statement.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - EXCEPTION REMAINS: Lender to provide XXX statement for acct #XXX, full statement; XX/XX/XXXX - Exception remains: Lender to provide XXX statement for acct #XXX, full statement required.&#xXD;
Exception resolved: LOE provided.

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Borrower to provide a business narrative and explain fluctuations in income and no business deposits in XX/XX/XXXX. ;

XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided LOE for the lack of XX/XX/XXXX deposits.;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - Lender provided LOE for the lack of XXX deposits.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains: Lender provided business narrative however, missing LOE regarding fluctuation in income and no business deposits in XX/XX/XXXX.

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial- provide HOI for REO XXX; XX/XX/XXXX - Borrower liabilities verified indicator is Present;

XX/XX/XXXX - Lender provided copy of HOI policy for XXX; XX/XX/XXXX - Borrower liabilities verified indicator is Present

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That In Total Cannot Increase More Than 10% Test

XX/XX/XXXX - This loan failed the charges that in total cannot increase more than XXX% test. (XXX CFR Â§XXX(e)(X)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to Â§XXX(e)(X)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under Â§XXX(e)(X)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with Â§XXX(e)(X)(vi).

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Address discrepancy as final XXX shows current primary renting XXX for XXX years $XXX month; VOR in file page XXX shows rental primary address as XXX from XX/XX/XXXX thru XX/XX/XXXX @ $XXX month. LOE and current utility bill with correct XXX update.; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - LOE for address received; XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - Final Loan Application is Present

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient

XX/XX/XXXX - Hazard insurance coverage is XXX, the subject loan amount is XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.; XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. The subject loan amount is $XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.;

XX/XX/XXXX - Hazard insurance coverage is XXX, the subject loan amount is $XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.; XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. The subject loan amount is $XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Hazard insurance coverage is sufficient.; XX/XX/XXXX - Exception resolved. RCE provided.

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Hazard insurance indicator is Partial- lender to clarify HOI insurance policies- two in file with different policy numbers etc. Provide evidence of full replacement cost to cover dwelling IAO loan amount and/or insurance replacement costs written report.;

XX/XX/XXXX - Hazard insurance indicator is Present

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Lender to provide current VOR for XXX - XXX with XXX months cancelled checks (front and back) and a copy of the lease. Prior residence appears to be VOR address- XXX and from a private party; (need cancelled checks and copy of the prior lease) need LOE to explain and confirm rental history.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated XXX with corrected primary residence address, LOE and VOR for housing history. ;

XX/XX/XXXX - Housing delinquency meets guidelines. EXCEPTION RESOLVED; XX/XX/XXXX - Lender provided updated XXX with corrected primary residence address, LOE and VOR for housing history. ; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Closing Disclosure Delivery Date Test

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Loan Estimate Delivery Date Test (from application)

XX/XX/XXXX - This loan failed the initial loan estimate delivery date test (from application) due to one of the following: ( XXX CFR Â§XXX(e)(X)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into ComplianceAnalyzer, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $X, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXX(a)(X) and as it relates to Â§XXX(e)(X)(iii)(A) (initial loan estimate disclosure three business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NoneThe creditor shall deliver or place in the mail the disclosures required under Â§XXX(e)(X)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

XX/XX/XXXX - Original PI Payment on Note matches Final CD; XX/XX/XXXX - Original PI Payment on Note matches Final CD
From Hard Coded form in template:
'Closing Disclosure' at XX/XX/XXXX;

XX/XX/XXXX - Original PI Payment on Note matches Final CD&#xXD;
From Hard Coded form in template:&#xXD;
'Closing Disclosure' at XX/XX/XXXX; XX/XX/XXXX - Original PI Payment on Note matches Final CD

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

710050274

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Active

RESPA Homeownership Counseling Organizations Disclosure Date Test

XX/XX/XXXX - This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( XXX CFR Â§XXX(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(X)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(X)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXX(b) and as it relates to Â§XXX (list of homeownership counseling organizations provided not later than XXX business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NonePlease note: This test does not validate the content of any list of homeownership counseling organizations.

XX/XX/XXXX - Missing disclosure dated within XXX days of initial application date of XX/XX/XXXX.;

XX/XX/XXXX - This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( XXX CFR §XXX(a) )The loan has a homeownership counseling organizations disclosure date that is not within three business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date. Not later than three business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(X)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(X)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data. This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXX(b) and as it relates to §XXX (list of homeownership counseling organizations provided not later than XXX business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:NonePlease note: This test does not validate the content of any list of homeownership counseling organizations.

710050706

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. The credit report supplement (pg XXX) reflects the mortgage with XXX is no longer in forbearance, however unable to determine if the borrower met the XXX month seasoning required by NONI guidelines section XXX.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided verification the borrowers were no longer in forbearance and XXX month seasoning is not required. ;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided verification the borrowers were no longer in forbearance and XXX month seasoning is not required. ; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

710050706

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial. The declaration section of the final XXX is not complete.;

XX/XX/XXXX - Final Loan Application is Present

710051093

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - QC- Using full doc GLs for this XXX BS loan- max DTI for XXX FICO is XXX% up to $XXX. No exception in file and DTI exceeds GL LTV at XXX%. ;

XX/XX/XXXX - Original CLTV of XXX adheres to the guideline maximum CLTV of XXX.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710051093

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - QC- Using full doc GLs for this XXX BS loan- max DTI for XXX FICO is XXX% up to $XXX. No exception in file and DTI exceeds GL LTV at XXX%. ;

XX/XX/XXXX - Original LTV of XXX adheres to the guideline maximum LTV of XXX.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

710051166

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: asset statement in file page XXX in the name of XXX Inc. XXX account # XXX- borrower is registered agent but no other documentation to verify XXX is sole member with authorization to use funds.;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX SOS Inc filing document. Borrower is registered agent per the XXX SOS and that would be sufficient verification that they have access to the funds needed. ;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - Lender provided CO SOS Inc filing document. Borrower is registered agent per the XXX SOS and that would be sufficient verification that they have access to the funds needed. ; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

710051166

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - no rate lock document, no loan approval in file with lock date and no LEs to determine lock date;

XX/XX/XXXX - Evidence of Rate Lock Provided

710051166

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Per NONI GL XX/XX/XXXX maximum # of financed properties is XXX; per application and credit bureau- six (XXX) additional properties as evidenced by mortgage statements in file in the name of XXX. Committee review required and missing.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender only holds XXX other mortgage for the borrowers REO. ;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception resolved; XX/XX/XXXX - Lender only holds X other mortgage for the borrowers REO. ; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

2021001126

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

ATR/QM Status is Pending

XX/XX/XXXX - ATR/QM Status is pending. Noted documentation is required per Appendix Q.- occupancy in question;

XX/XX/XXXX - XXX

2021001126

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Is Completion Certificate in file is No

XX/XX/XXXX - The Completion Certificate is Yes; XX/XX/XXXX - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.;

XX/XX/XXXX - The Completion Certificate is Yes; XX/XX/XXXX - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.

2021001126

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Loan Purpose is indicated as Unavailable

XX/XX/XXXX - Occupancy as primary does not make sense; current residence with XXX, appears to have been purchased XXX months ago at XXX-XXX miles away from subject property; current residence is a XXX home and XXX valuation XXX $XXX, XXX bedrooms, XXX baths. Subject property being purchased as primary- XXX square footage and XXX value at $XXX.;

XX/XX/XXXX - Loan purpose is indicated as First Time Home purchase as defined by American Recovery and Reinvestment Act of XXXX (purchaser has not owned a principal residence in the past three years)

2021001126

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Appraisal "subject to"- need XXX update report and certificate of completion.;

XX/XX/XXXX - Origination appraisal is Present.

2021001139

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial- Asset Documents, Page XXX, XXX checking account # XXX shows credit advance XX/XX/XXXX IAO $XXX; dates on credit bureau account for XXX do not compare to the July date; subject purchased in July XXX; post CB pulled for XXX but not for co borrower XXX; lender to provide supporting documentation to clarify REO, primary and all open mtgs and HELOCS NOT owned by the borrowers trust or LLC. ;

XX/XX/XXXX - Exception resolved, docs provided.; XX/XX/XXXX - Borrower liabilities verified indicator is Present

2021001139

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Loan Purpose is indicated as Unavailable

XX/XX/XXXX - Borrower(s) are eligible for cash out financing on property owned by a LLC, Corporation, or Partnership if borrower(s) own the company XXX% individual or jointly. In this case, there is a minimum XXX months title seasoning required for the company; and the title must be transferred to the borrower(s) prior to or at closing. (For loans vesting in a LLC, the title may remain in the current LLC vesting and transfer to the borrower(s) is not required.) There is NO additional seasoning requirement for the borrower(s). Borrowers purchased subject property for cash per CD page XXX XX/XX/XXXX;subject property placed in LLC, XXX , XXX- less than XXX ;

XX/XX/XXXX - Change status of 'Loan Purpose is indicated as Unavailable' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA;

XX/XX/XXXX - Loan purpose is indicated as Cash Out: Home Improvement Renovation; XX/XX/XXXX - Exception NA; XX/XX/XXXX - Change status of 'Loan Purpose is indicated as Unavailable' from Active to Open Rebuttal.; XX/XX/XXXX - Loan purpose is indicated as Unavailable; XX/XX/XXXX - Loan purpose is indicated as ___; XX/XX/XXXX - Vested in LLC-lender to provide LLC documentation to XXX borrower owns XXX% by LLC organizational documents or CPA letter.

2021001139

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA; XX/XX/XXXX - Vested in LLC-lender to provide LLC documentation to XXX borrower owns XXX% by LLC organizational documents or CPA letter.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA;

XX/XX/XXXX - Exception NA; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Vested in LLC-lender to provide LLC documentation to XXX borrower owns XXX% by LLC organizational documents or CPA letter.

2021001152

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Subject loan is an investment cash out. Evidence of cash-out purpose not provided.

XX/XX/XXXX - Change status of 'Subject loan is an investment cash out. Evidence of cash-out purpose not provided.' from Active to Open Rebuttal.; XX/XX/XXXX - Exception resolved; XX/XX/XXXX - Lender provided LOE for cash out.; XX/XX/XXXX - Purpose of cash out determined as Business.; XX/XX/XXXX - Unable to determine if purpose of cash out is for business or personal use.; XX/XX/XXXX - Missing copy of LOE from the borrower regarding the use of the cash out proceeds. Additional conditions may apply.;

XX/XX/XXXX - Change status of 'Subject loan is an investment cash out. Evidence of cash-out purpose not provided.' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided LOE for cash out.;

XX/XX/XXXX - Exception resolved; XX/XX/XXXX - Purpose of cash out determined as Business.; XX/XX/XXXX - Lender provided LOE for cash out.; XX/XX/XXXX - Change status of 'Subject loan is an investment cash out. Evidence of cash-out purpose not provided.' from Active to Open Rebuttal.; XX/XX/XXXX - Missing copy of LOE from the borrower regarding the use of the cash out proceeds. Additional conditions may apply.; XX/XX/XXXX - Unable to determine if purpose of cash out is for business or personal use.

2021001152

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

The file does not contain any copies of the Closing Disclosure(s). Unable to test for TRID tolerance.

XX/XX/XXXX - Need final CD in order to complete fees;

XX/XX/XXXX - The file contains at least XXX complete copy of the Closing Disclosure. The file contains at least XXX copy of a Closing Disclosure.

2021001152

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Change severity of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Lender provided an approved exception for LTV/CLTV exceeding guideline max of XXX%.; XX/XX/XXXX - EXCEPTION REMAINS: Lender provided an exception for the incorrect borrower and loan #. ; XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX.;

XX/XX/XXXX - Change severity of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Lender provided an approved exception for LTV/CLTV exceeding guideline max of XXX%.; XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - EXCEPTION REMAINS: Lender provided an exception for the incorrect borrower and loan #. ; XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX.

2021001152

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX.;

XX/XX/XXXX - Change severity of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Lender provided an approved exception for LTV/CLTV exceeding guideline max of XXX%.; XX/XX/XXXX - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - EXCEPTION REMAINS: Lender provided an exception for the incorrect borrower and loan #.

2021001172

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing.;

XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Fraud Report.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Fraud report Present.; XX/XX/XXXX - Lender provided Fraud Report.; XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.

2021001172

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

OFAC Check was not completed/Cleared.

XX/XX/XXXX - OFAC Check was not completed/cleared.; XX/XX/XXXX - OFAC Check was completed and cleared.;

XX/XX/XXXX - OFAC Check was completed and cleared.; XX/XX/XXXX - OFAC Check was not completed/cleared.

2021001325

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Subject loan is an investment cash out. Evidence of cash-out purpose not provided.

XX/XX/XXXX - Purpose of cash out determined as Personal.; XX/XX/XXXX - Unable to determine if purpose of cash out is for business or personal use.;

XX/XX/XXXX - Change status of 'Subject loan is an investment cash out. Evidence of cash-out purpose not provided.' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided signed cash-out purpose letter, business use indicated.;

XX/XX/XXXX - Purpose of cash out determined as Business. Exception resolved.; XX/XX/XXXX - Lender provided signed cash-out purpose letter, business use indicated.; XX/XX/XXXX - Change status of 'Subject loan is an investment cash out. Evidence of cash-out purpose not provided.' from Active to Open Rebuttal.; XX/XX/XXXX - Exception Remains. Lender provided signed disclosure pack- Purpose of cashout was not included in the documentation provided. Please provide purpose of cashout to resolve this exception.

2021001325

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Subject loan is an investment cash out. Evidence of cash-out purpose not provided.

XX/XX/XXXX - Purpose of cash out determined as Personal.; XX/XX/XXXX - Unable to determine if purpose of cash out is for business or personal use.;

2021001332

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.; XX/XX/XXXX - XXX policy includes replacement cost coverage and lender follows FNMA guidelines. ;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Hazard insurance coverage is sufficient.; XX/XX/XXXX - XXX policy includes replacement cost coverage and lender follows XXX guidelines. ; XX/XX/XXXX - Change status of 'Hazard Insurance Coverage is Not Sufficient.' from Active to Open Rebuttal.

2021001348

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

DSCR is less than guideline minimum

XX/XX/XXXX - Qualifying DSCR of XXX is less than guideline minimum requirement of XXX. Lease agreement for subject is $XXXX/month, PITI is $XXX.;

XX/XX/XXXX - Qualifying DSCR of XXX meets guideline requirement.

2021001348

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Subject loan is an investment cash out. Evidence of cash-out purpose not provided.

XX/XX/XXXX - Purpose of cash out determined as Business.; XX/XX/XXXX - Unable to determine if purpose of cash out is for business or personal use.; XX/XX/XXXX - Missing LOE from the borrower regarding the use of the cash out proceeds. Additional conditions may apply.;

XX/XX/XXXX - Purpose of cash out determined as Business.; XX/XX/XXXX - Missing LOE from the borrower regarding the use of the cash out proceeds. Additional conditions may apply.; XX/XX/XXXX - Unable to determine if purpose of cash out is for business or personal use.

2021001348

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

The file does not contain any copies of the Closing Disclosure(s). Unable to test for TRID tolerance.

XX/XX/XXXX - The file does not contain any copies of the Closing Disclosure(s). Unable to test for TRID tolerance.;

XX/XX/XXXX - The file contains at least XXX complete copy of the Closing Disclosure. The file contains at least XXX copy of a Closing Disclosure.

2021001420

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval- Missing XXX; XXX for prior year XXX and XXX; XXX signed by CPA.;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided P&L's.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The borrower income verification does match approval; XX/XX/XXXX - Lender provided P&L's.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001420

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval- Missing XXX;XXX for prior year XXX and XXX;XXX signed by CPA.;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided P&L's.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001420

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification is less than XXX months

XX/XX/XXXX - Borrower Income Verification of XXX is less than XXX months.;

XX/XX/XXXX - Change status of 'Borrower Income Verification is less than XXX months' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided P&L's.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Income Verification of XXX is greater than XXX months.; XX/XX/XXXX - Lender provided P&L's.; XX/XX/XXXX - Change status of 'Borrower Income Verification is less than XXX months' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001420

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification is less than XXX months

XX/XX/XXXX - Borrower Income Verification of XXX is less than XXX months.;

XX/XX/XXXX - Change status of 'Borrower Income Verification is less than XXX months' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided P&L's.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001420

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Profit and Loss Does Not Meet Guidelines

XX/XX/XXXX - Profit and Loss Does Not Meet Guidelines. Missing XXX; XXX and XXX; XXX signed by CPA.;

XX/XX/XXXX - Change status of 'Profit and Loss Does Not Meet Guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided P&L's.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - P&L's received.; XX/XX/XXXX - Lender provided P&L's.; XX/XX/XXXX - Change status of 'Profit and Loss Does Not Meet Guidelines' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001420

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Profit and Loss Does Not Meet Guidelines

XX/XX/XXXX - Profit and Loss Does Not Meet Guidelines. Missing XXX;XXX and XXX;XXX signed by CPA.;

XX/XX/XXXX - Change status of 'Profit and Loss Does Not Meet Guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided P&L's.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001478

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Origination Appraisal is Missing

XX/XX/XXXX - Origination appraisal is Missing.;

XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Exception resolved.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001513

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: Need proof of gift money deposited into borrowers account; and or cancelled checks for the XXX (X) gifts: X) $XXX; X) $XXX and X) $XXX. Bank accounts in file do not show deposited gift funds. Also, in addition to gift funds, missing required proof of XXX months reserves XXX $XXX plus XXX% XXX current res $XXX, XXX= $XXX;

XX/XX/XXXX - Asset gift wires in original file

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001513

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - DTI exceeds GL max XXX%; no exception found in file for this exception; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.;

XX/XX/XXXX - P&L statement XXX plus YTD = XXX. Used lenders income of XXX. Exception resolved.; XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001532

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - VOE provided has a signature date of XX/XX/XXXX, subject loan closed XX/XX/XXXX.;

XX/XX/XXXX - VOE within XXX days and VVOE was XXX day from note date XX/XX/XXXX

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021001532

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Effective Date is after the Note Date

XX/XX/XXXX - The hazard insurance effective date of XX/XX/XXXX is after the note date of XX/XX/XXXX. Post Closing CD dated XX/XX/XXXX shows disbursement changed from XX/XX/XXXX to XX/XX/XXXX.;

XX/XX/XXXX - Final stamped settlement statement in file verified XX/XX/XXXX disbursement date.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021001553

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: G/L require XXX mos bank statements, however only XXX month provided for Checking XXX and Savings XXX account.;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided established guideline (XXX Section XXX) supporting only XXX days asset XXX required. ;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Lender provided established guideline (XXX Section XXX) supporting only XXX days asset XXX required. ; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001553

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: G/L require XXX mos bank statements, however only XXX month provided for Checking XXX and Savings XXX account.;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001553

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Is Completion Certificate in file is No

XX/XX/XXXX - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.;

XX/XX/XXXX - Change status of 'Is Completion Certificate in file is No' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided form XXX, Completion Cert.;

XX/XX/XXXX - The Completion Certificate is Yes. Exception resolved.; XX/XX/XXXX - Lender provided form XXX, Completion Cert.; XX/XX/XXXX - Change status of 'Is Completion Certificate in file is No' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001553

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Is Completion Certificate in file is No

XX/XX/XXXX - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.;

XX/XX/XXXX - Change status of 'Is Completion Certificate in file is No' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided form XXX, Completion Cert.;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001553

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: title prelim shows XXX prior liens: page XXX item XXX, XXX $XXX in favor of XXX LLC and page XXX item # XXX $XXX, XXX in favor or XXX LLC; lender to provide final title for review to ensure liens removed from title and/or partial releases if applicable for the subject property from master deed of trust.;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved, final title policy provided.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001553

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved, final title policy provided.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001558

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Lender to provide missing XXX month statement from XXX account # XXX, lender to provide XXX/ XXX statement for review.;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX #XXX stmt. Balance carry over from XXX supports in addition the XXX stmt used to qualify. Assets verified.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided XXX#XXX stmt. Balance carry over from XXX supports in addition the XXX stmt used to qualify. Assets verified.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

2021001558

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Is Completion Certificate in file is No

XX/XX/XXXX - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.; XX/XX/XXXX - The Completion Certificate is Yes; XX/XX/XXXX - Change status of 'Is Completion Certificate in file is No' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Completion Certificate.; XX/XX/XXXX - The Completion Certificate is ___;

XX/XX/XXXX - Change status of 'Is Completion Certificate in file is No' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Completion Certificate.;

XX/XX/XXXX - The Completion Certificate is Yes; XX/XX/XXXX - Lender provided Completion Certificate.; XX/XX/XXXX - Change status of 'Is Completion Certificate in file is No' from Active to Open Rebuttal.; XX/XX/XXXX - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.; XX/XX/XXXX - The Completion Certificate is ___

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

2021001558

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

The appraisal was completed "Subject To" and the Completion Certificate in file is incomplete.

XX/XX/XXXX - The appraisal was completed Subject to Completion and the Completion Certificate in file is Incomplete; missing pictures of the completed subject property and XXX completion inspection for new construction.
* Exception resolved. ;

XX/XX/XXXX - Lender provided Completion Certificate. Exception resolved.; XX/XX/XXXX - Is the Completion Certificate in file is Yes

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

2021001558

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: lender to provide final title policy to XXX that items # XXX & #XXX, tax liens have been removed; total amount for both liens per prelim is $XXX;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided title supplement addressing the tax liens.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Lender provided title supplement addressing the tax liens.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

2021001605

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Active

Affiliated Business Disclosure is Missing

XX/XX/XXXX - The affiliate business disclosure is Missing;

XX/XX/XXXX - Exception Remains. Lender provided Disclosure package- the Affiliated Business Disclosure for Lender XXX was not provided.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021001605

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Active

Affiliated Business Disclosure is Missing

XX/XX/XXXX - The affiliate business disclosure is Missing;

XX/XX/XXXX - Exception Remains. Lender provided Disclosure package- the Affiliated Business Disclosure for Lender XXX was not provided.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021001605

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

RESPA Homeownership Counseling Organizations Disclosure Date Test

XX/XX/XXXX - This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( XXX CFR Â§XXX(a) )The loan has a homeownership counseling organizations disclosure date that is not within XXX business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than XXX business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(XXX)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(XXX)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXX(b) and as it relates to Â§XXX (list of homeownership counseling organizations provided not later than XXX business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:XXXPlease note: This test does not valXXX te the content of any list of homeownership counseling organizations.

XX/XX/XXXX - Missing disclosure dated within XXX days of initial application date of XX/XX/XXXX.;

XX/XX/XXXX - This loan passed the homeownership counseling organizations disclosure date test. ( XXX CFR §XXX(a) )The loan has a homeownership counseling organizations disclosure date that is within XXX business days of the loan originator's application date, and the homeownership counseling organizations disclosure date is on or before the closing date. Not later than XXX business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(XXX)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(XXX)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data. This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXX(b) and as it relates to §XXX (list of homeownership counseling organizations provided not later than XXX business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:XXXPlease note: This test does not valXXX te the content of any list of homeownership counseling organizations.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021001605

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

RESPA Homeownership Counseling Organizations Disclosure Date Test

XX/XX/XXXX - This loan failed the homeownership counseling organizations disclosure date test due to the following findings: ( XXX CFR Â§XXX(a) )The loan has a homeownership counseling organizations disclosure date that is not within XXX business days of the loan originator's application date (or the date creditor received application if loan originator's application date is not provided); orThe homeownership counseling organizations disclosure date is after the closing date.Not later than XXX business days after a lender, mortgage broker, or dealer receives an application, or information sufficient to complete an application, the lender must provide the loan applicant with a clear and conspicuous written list of homeownership counseling organizations that provide relevant counseling services in the loan applicant's location. The list of homeownership counseling organizations distributed to each loan applicant under this section shall be obtained no earlier than XXX days prior to the time when the list is provided to the loan applicant from either:(XXX)The website maintained by the Bureau for lenders to use in complying with the requirements of this section; or(XXX)Data made available by the Bureau or HUD for lenders to use in complying with the requirements of this section, provided that the data is used in accordance with instructions provided with the data.This calculation take into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXX(b) and as it relates to Â§XXX (list of homeownership counseling organizations provided not later than XXX business days after a loan originator receives an application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:XXXPlease note: This test does not valXXX te the content of any list of homeownership counseling organizations.

XX/XX/XXXX - Missing disclosure dated within XXX days of initial application date of XX/XX/XXXX.;

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021001605

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Written List of Service Providers Disclosure Date Test

XX/XX/XXXX - This loan failed the written list of service providers disclosure date test for XXX or more of the following reasons: ( XXX CFR Â§XXX(e)(XXX)(vi) )The written list of service providers disclosure date is either:Less than the seventh business day (counting all calendar days except Sunday and specified legal public hollidays) before consummation of the transaction; orLater than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions)This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXX(e)(XXX)(e)(XXX)(iii) Â§XXX(a)(XXX) and as it relates to Â§XXX(a)(XXX)(vi) (which references the timing requirements for the loan estimate disclosure XXX business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:XXX not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, XXX calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least XXX available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by Â§XXX(e)(XXX)(e)(XXX)(i) but in accordance with the timing requirements in Â§XXX(e)(XXX)(e)(XXX)(iii).

XX/XX/XXXX - Missing written list of service providers disclosure dated within XXX days of initial application date of XX/XX/XXXX.;

XX/XX/XXXX - This loan passed the written list of service providers disclosure date test due to the following reasons: ( XXX CFR §XXX(e)(XXX)(vi) )The written list of service providers disclosure date is not less than the seventh business day (counting all calendar days except Sunday and specified legal public hollidays) before consummation of the transaction; andThe written list of service providers disclosure date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or mortgage broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXX(a)(XXX) and as it relates to §XXX(a)(XXX)(vi) (which references the timing requirements for the loan estimate disclosure XXX business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:XXX not being open on PLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, XXX calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.If the consumer is permitted to shop for a settlement service, the creditor shall provide the consumer with a written list identifying available providers of that settlement service and stating that the consumer may choose a different provider for that service. The creditor must identify at least XXX available provider for each settlement service for which the consumer is permitted to shop. The creditor shall provide this written list of settlement service providers separately from the disclosures required by §XXX(e)(XXX)(e)(XXX)(i) but in accordance with the timing requirements in §XXX(e)(XXX)(e)(XXX)(iii).

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021001605

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Written List of Service Providers Disclosure Date Test

XX/XX/XXXX - Missing written list of service providers disclosure dated within XXX days of initial application date of XX/XX/XXXX.;

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021001608

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fully Executed Purchase Contract is Partial

XX/XX/XXXX - The fully executed purchase contract is Partial; XX/XX/XXXX - Provide Buyer's Inspection Advisory listed as Addendum in Section XXX of purchase agreement.;

XX/XX/XXXX - Change status of 'Fully Executed Purchase Contract is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided executed Buyer's Investigation Advisory.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The fully executed purchase contract is Present; XX/XX/XXXX - Lender provided executed Buyer's Investigation Advisory.; XX/XX/XXXX - Change status of 'Fully Executed Purchase Contract is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Provide Buyer's Inspection Advisory listed as Addendum in Section XXX of purchase agreement.; XX/XX/XXXX - The fully executed purchase contract is Partial

2021001608

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fully Executed Purchase Contract is Partial

XX/XX/XXXX - The fully executed purchase contract is Partial; XX/XX/XXXX - Provide Buyer's Inspection Advisory listed as Addendum in Section XXX of purchase agreement.;

XX/XX/XXXX - Change status of 'Fully Executed Purchase Contract is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided executed Buyer's Investigation Advisory.;

2021001608

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Provide updated mortgage rating for XXX HOME#XXX.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided proof of XX/XX/XXXX pmt for XXX #XXX. XX/XX/XXXX pmt in file (pg XXX). Mtg history updated from last pmt (XX/XXX) made on credit report.;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception Resolved.; XX/XX/XXXX - Lender provided proof of XX/XX/XXXX pmt for XXX #XXX. XX/XX/XXXX pmt in file (pg XXX). Mtg history updated from last pmt (XX/XXX) made on credit report.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

2021001608

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Provide updated mortgage rating for XXX HOME#XXX.;

2021001623

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Private mortgage- only rated through XXX- need XXX pmt verification.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided proof of XXX mortgage payment. ;

XX/XX/XXXX - Housing delinquency meets guidelines. * Exception resolved.; XX/XX/XXXX - Lender provided proof of XXX mortgage payment. ; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

2021001623

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Private mortgage- only rated through XXX- need XXX pmt verification.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided proof of XXX mortgage payment. ;

2021001632

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing.;

XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Fraud Report.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Fraud report Present.; XX/XX/XXXX - Lender provided Fraud Report.; XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.

2021001632

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Hazard insurance indicator is Partial. Hazard policy in file has the subject property address incorrect. Address on HOI is XXX , the subject address should read XXX .;

XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided corrected HOI XXX Page.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Hazard insurance indicator is Present; XX/XX/XXXX - Lender provided corrected HOI XXX Page.; XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.

2021001633

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing.;

XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Fraud Report.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Fraud report Present.; XX/XX/XXXX - Lender provided Fraud Report.; XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.

2021001633

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

The file does not contain any copies of the Closing Disclosure(s). Unable to test for TRID tolerance.

XX/XX/XXXX - The file does not contain any copies of the Closing Disclosure(s). Unable to test for TRID tolerance.; XX/XX/XXXX - Although this loan does not require compliance testing, the Lender neglected to provide a Final CD or Settlement Statement to enable an audit of the purchase transaction.;

XX/XX/XXXX - The file contains at least XXX complete copy of the Closing Disclosure. The file contains at least XXX copy of a Closing Disclosure.

2021001669

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Provide evidence of XX/XX/XXXX, XX/XX/XXXX and XX/XX/XXXX mortgage payments for and XX/XX/XXXX and XX/XX/XXXX for XXX Bank. Guidelines require XXX month housing history and allows only XXX in the past XXX months.; XX/XX/XXXX - Housing history does not meet guidelines.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided housing history.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Lender provided housing history.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

2021001669

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided housing history.;

2021001669

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Is Completion Certificate in file is No

XX/XX/XXXX - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.;

XX/XX/XXXX - The Completion Certificate is Yes; XX/XX/XXXX - Exception resolved, completion cert provided.

2021001669

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Is Completion Certificate in file is No

XX/XX/XXXX - The appraisal was completed "Subject To" however, the file is missing the Completion Certificate.;

XX/XX/XXXX - The Completion Certificate is Yes; XX/XX/XXXX - Exception resolved, completion cert provided.

2021001685

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Homeowner's insurance declarations page for policy number XXX (page XXX) does not list insured property. ; XX/XX/XXXX - Borrower liabilities verified indicator is Partial;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided all pages of XXX and XXX Replacement docs reflecting coverage amounts, premium, and address.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided all pages of HOI and HOI Replacement docs reflecting coverage amounts, premium, and address.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001685

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Homeowner's insurance declarations page for policy number XXX (page XX) does not list insured property. ; XX/XX/XXXX - Borrower liabilities verified indicator is Partial;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001694

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - *; XX/XX/XXXX - Asset Documents are Incomplete: ; XX/XX/XXXX - Asset Documents are Incomplete: Provide access letter from XXX for XXX #XXX.;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX #XXX account access letter.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Lender provided XXX #XXX account access letter.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

2021001694

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - *; XX/XX/XXXX - Asset Documents are Incomplete: ; XX/XX/XXXX - Asset Documents are Incomplete: Provide access letter from XXX for XXX #XXX.;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX #XXX account access letter.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Lender provided XXX #XXX account access letter.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

2021001700

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. * Credit update (pg XXX) reflects a XXX month mtg history, borrower in property six months. Prior to that borrower rented but no VOR in file for full XXX month housing history, unable to determine if mortgage/rental lates guideline met. Section XXX.;

XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Exception resolved. VOR provided.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

2021001700

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Exception resolved. VOR provided.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

2021001706

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - addtl note: XXX #XXX - updated credit supps to rate these mtgs current needed.; XX/XX/XXXX - Discrepancy in file with REOS: HOI page XXX shows REO property XXX; Mtg statement page XXX shows REO XXX; these are not on the XXX and no other explanation and proof of ownership; missing mortgage verification for these REOS. Addtl missing VOMs for #XXX, XXX #XXX, XXX #XXX and XXX # XXX, XXX #XXX- late mtg not explained.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

2021001706

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - addtl note: XXX #XXX - updated credit supps to rate these mtgs current needed.; XX/XX/XXXX - Discrepancy in file with REOS: HOI page XXX shows REO property XXX; Mtg statement page XXX shows REO XXX; these are not on the XXX and no other explanation and proof of ownership; missing mortgage verification for these REOS. Addtl missing VOMs for XXX#XXX, XXX #XXX, XXX #XXX and XXX # XXX, XXX #XXX- late mtg not explained.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

2021001707

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Provide documentation to XXX collateral property for XXX mortgage loan #XXX.; XX/XX/XXXX - Borrower liabilities verified indicator is Partial;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX Statement.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided XXX Statement.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

2021001707

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Provide documentation to XXX collateral property for XXX mortgage loan #XXX.; XX/XX/XXXX - Borrower liabilities verified indicator is Partial;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX Statement.;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

2021001717

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: Title report missing
X. coverage amount, The amount of title insurance coverage must at least equal the original principal amount of the mortgage.
X. chain of title
X. Item XXX to show removed or intentionally deleted with supplement or final title policy;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided a clear, final title policy. ;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided a clear, final title policy. ; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

2021001717

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided a clear, final title policy. ;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided a clear, final title policy. ; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

2021001719

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Title Policy is Missing

XX/XX/XXXX - Title policy is Missing;

XX/XX/XXXX - Change status of 'Title Policy is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Preliminary Title.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Title policy is Present; XX/XX/XXXX - Lender provided Preliminary Title.; XX/XX/XXXX - Change status of 'Title Policy is Missing' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

2021001728

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. Missing mtg statement for XXX to show principal and interest payment for XXX #XXX;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Exception resolved, Lender provided copy of first payment and note.

2021001728

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. Missing mtg statement for XXX to show principal and interest payment for XXX #XXX;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Exception resolved, Lender provided copy of first payment and note.

2021001728

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX  - Housing history does not meet guidelines.
X. Missing mortgage payment history for XXX #XXX on REO XXX ; closing date XX/XX/XXXX through XXX
X. Missing updated mtg rating for  #XXX through XXX
X. Missing updated mtg rating for  #XXX through XXX;

XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Exception resolved, received updated credit report with mortgage payments, received documentation for property.

2021001728

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Exception resolved, received updated credit report with mortgage payments, received documentation for property.

2021001728

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Property recently listed for sale

XX/XX/XXXX - Property was recently listed for sale outside of lender's guideline tolerance for recently listed properties. Missing evidence the subject was taken off the market on or before the application date. ;

XX/XX/XXXX - Lender provided acceptable documentation to demonstrate that property was not listed for sale outside of lender's guideline tolerance for recently listed properties. ; XX/XX/XXXX - Exception resolved, Lender provided documentation subject was sold on XX/XX/XXXX.

2021001728

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Property recently listed for sale

2021001728

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Acknowledged

Title Issues Present

XX/XX/XXXX - The following issues were noted: The amount of title insurance coverage must at least equal the original principal amount of the mortgage. Adequate Coverage amount is not listed on title provided.;

2021001728

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Acknowledged

Title Issues Present

2021001748

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: Asset statement in file dated XX/XX/XXXX do not source large deposits XXX of $XXX and $XXX;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender did not include this account, sufficient reserves.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

2021001751

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Underwriting FICO does not meet Guideline Minimum Required

XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX. Per GL minimum FICO for primary cash out is XXX; borrower's mid FICO score is XXX.;

XX/XX/XXXX - Lender provided approved FICO exception. ; XX/XX/XXXX - Change status of 'Underwriting FICO does not meet Guideline Minimum Required' from Active to Acknowledged by Client. * Exception Resolved.; XX/XX/XXXX - Change severity of 'Underwriting FICO does not meet Guideline Minimum Required' from Material to Non-Material.

2021001751

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Underwriting FICO does not meet Guideline Minimum Required

XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX. Per GL minimum FICO for primary cash out is XXX; borrower's mid FICO score is XXX.;

2021001754

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - The Guidelines require a VOE (Form XXX) to XXX the Borrowers income. The file does not contain evidence of income documentation used to XXX the borrowers monthly income. ;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved, WVOE provided.

2021001754

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - The Guidelines require a VOE (Form XXX) to XXX the Borrowers income. The file does not contain evidence of income documentation used to XXX the borrowers monthly income. ;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved, WVOE provided.

2021001757

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - Lender to provide final title policy for review to determine XXX lien item XXX on page XXX has been removed/ or temp released/ subordinated, to ensures lender has first lien position;;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided doc to further support XXX lease agreement in file (pg XXX). Panels are leased and not tied to the property. Lease states that any lien will be against the panels, not property, and no subordination agreement is required. ;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Lender provided doc to further support XXX lease agreement in file (pg XXX). Panels are leased and not tied to the property. Lease states that any lien will be against the panels, not property, and no subordination agreement is required. ; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001773

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Length of self employed XXX XXX not in file- no CPA letter and PNL only XXX months; lender to provide proof of minimum of XXX years self employed XXX XXX per XXX and per GLs.;

XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided CPA letter supporting XXX years self-employment. ;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Lender provided CPA letter supporting XXX years self-employment. ; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

2021001773

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Length of self employed XXX XXX not in file- no CPA letter and PNL only XXX months; lender to provide proof of minimum of XXX years self employed XXX XXX per XXX and per GLs.;

2021001773

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - Lender guidelines require Previous Year P&L statement(XXX) plus YTD interim P&L Statement for XXX(CPA has provided XXX interim statement only in file, p. XXX). Document on page XXX used to calculate XXX qualifying income does not have the docs in file to support XXX months calculation. Need XXX P&L ; XX/XX/XXXX - The borrower income verification does not match approval. Lender guidelines require Previous Year P&L statement(XXX) plus YTD interim P&L Statement for XXX(CPA has provided XXX interim statement only in file, p. XXX). Document on page XXX used to calculate XXX qualifying income does not have the docs in file to support XXX months calculation. Need XXX P&L statement in file from CPA.;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Acknowledged by Client to Open Rebuttal.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Acknowledged by Client.; XX/XX/XXXX - Lender provided XXX P & L prepared by CPA. Income supported.;

XX/XX/XXXX - The borrower income verification does match approval. Exception resolved.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Acknowledged by Client to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX P & L prepared by CPA. Income supported.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Acknowledged by Client.

2021001773

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does match approval. Exception resolved.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Acknowledged by Client to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX P & L prepared by CPA. Income supported.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Acknowledged by Client.

2021001773

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification is less than 12 months

XX/XX/XXXX - Lender Guidelines require that SE borrower using the XXX program must provide a Full XXX year P&L from previous year(XXX) and YTD Interim Statement for XXX(CPA has provided YTD statement only, page XXX. No exception found in file. ; XX/XX/XXXX - Borrower Income Verification of XXX is less than XXX months. Lender Guidelines require that SE borrower using the XXX program must provide a Full XXX year P&L from previous year(XXX) and YTD Interim Statement for XXX(CPA has provided YTD statement only, page XXX. No exception found in file. ;

XX/XX/XXXX - Change status of 'Borrower Income Verification is less than XXX months' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX P & L prepared by CPA. Income supported.;

XX/XX/XXXX - Income Verification of XXX is greater than XXX months. * Lender provided XXX P & L prepared by CPA. Income supported. Exception resolved.; XX/XX/XXXX - Lender provided XXX P & L prepared by CPA. Income supported.; XX/XX/XXXX - Change status of 'Borrower Income Verification is less than XXX months' from Active to Open Rebuttal.

2021001773

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification is less than 12 months

XX/XX/XXXX - Change status of 'Borrower Income Verification is less than XXX months' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX P & L prepared by CPA. Income supported.;

2021001773

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Effective Date is after the Note Date

XX/XX/XXXX - Change severity of 'Hazard Insurance Effective Date is after the Note Date' from Non-Material to Material. Note date XX/XX/XXXX and hazard effective date after Note date XX/XX/XXXX;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved, loan disbursed on XX/XX/XXX, same day as insurance effective date.&#xXD;

2021001773

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Effective Date is after the Note Date

XX/XX/XXXX - Change severity of 'Hazard Insurance Effective Date is after the Note Date' from Non-Material to Material. Note date XX/XX/XXXX and hazard effective date after Note date XX/XX/XXXX;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved, loan disbursed on XX/XX/XXX, same day as insurance effective date.&#xXD;

2021001775

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Missing VOM or credit supp for current residence mortgage rating; XXX mtg on credit report only rated current primary XXX months; lender to provide XXX months current mortgage rating for subject property.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided VOM.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Lender provided VOM.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001775

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

The file does not contain any copies of the Closing Disclosure(s). Unable to test for TRID tolerance.

XX/XX/XXXX - The file does not contain any copies of the Closing Disclosure(s). Unable to test for TRID tolerance.;

XX/XX/XXXX - Change status of 'The file does not contain any copies of the Closing Disclosure(s). Unable to test for TRID tolerance.' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copies of CD's;

XX/XX/XXXX - The file contains at least XXX copy of a Closing Disclosure. Exception resolved; XX/XX/XXXX - Lender provided copies of CD's; XX/XX/XXXX - Change status of 'The file does not contain any copies of the Closing Disclosure(s). Unable to test for TRID tolerance.' from Active to Open Rebuttal.; XX/XX/XXXX - The file contains at least XXX complete copy of the Closing Disclosure. The file contains at least XXX copy of a Closing Disclosure.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001775

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

The file does not contain any copies of the Loan Estimate(s). Unable to test for TRID tolerance.

XX/XX/XXXX - lender to provide all missing LEs so CE can be run; XX/XX/XXXX - The file does not contain any copies of the Loan Estimate(s). Unable to test for TRID tolerance.;

XX/XX/XXXX - Change status of 'The file does not contain any copies of the Loan Estimate(s). Unable to test for TRID tolerance.' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copies of LE's ;

XX/XX/XXXX - The file does contain at least XXX copy of a Loan Estimate. Exception resolved; XX/XX/XXXX - Lender provided copies of LE's ; XX/XX/XXXX - Change status of 'The file does not contain any copies of the Loan Estimate(s). Unable to test for TRID tolerance.' from Active to Open Rebuttal.; XX/XX/XXXX - The file does not contain any copies of the Loan Estimate(s). Unable to test for TRID tolerance.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001775

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - Lender to provide final title policy to XXX loan amount coverage- prelim in file does not include insurance coverage dollar amount.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Short Form Final Title Policy;

XX/XX/XXXX - Exception Resolved; XX/XX/XXXX - Lender provided Short Form Final Title Policy; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001793

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Title Policy is Missing

XX/XX/XXXX - Title policy is Missing. Loan file only contained supplement reports.;

XX/XX/XXXX - Change status of 'Title Policy is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of the prelim title policy.;

XX/XX/XXXX - Exception resolved; XX/XX/XXXX - Title policy is Present; XX/XX/XXXX - Lender provided copy of the prelim title policy.; XX/XX/XXXX - Change status of 'Title Policy is Missing' from Active to Open Rebuttal.

2021001793

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Title Policy is Missing

XX/XX/XXXX - Title policy is Missing. Loan file only contained supplement reports.;

XX/XX/XXXX - Change status of 'Title Policy is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of the prelim title policy.;

2021001794

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: Missing XXX full months for XXX statement- XXX multiple Account statement in file dated XXX. (accts #XXX, XXX, XXX, XXX, XXX, XXX, XXX and XXX) need XXX statement(s) per GL- requires XXX full months asset statements.;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Verification cash out was used for reserves. p. XXX Closing package PDF;

XX/XX/XXXX - Exception Resolved; XX/XX/XXXX - Verification cash out was used for reserves. p. XXX Closing package PDF; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

2021001796

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - lender to provide XXX housing mortgage history for current primary with XXX not reported on credit bureau.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided previous mortgage history, refinanced XX/XX/XXXX;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception resolved.; XX/XX/XXXX - Lender provided previous mortgage history, refinanced XX/XX/XXXX; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001796

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - lender to provide XXX housing mortgage history for current primary with XXX not reported on credit bureau.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided previous mortgage history, refinanced XX/XX/XXXX;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001799

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. no mortgage history reporting on credit bureau- lender to provide satisfactory XXX month mortgage rating history for XXX;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Final XXX reflects no mortgage for primary (XXX). No mtg reporting on credit report. Property detail in file (pg XXX) supports that there is currently no lien on XXX and borrower was transferred onto the Deed in XXX. Lender provided (also in file) a release of mortgage for XXX from XXX. Property owner free and clear.
Guideline (Section XXX) met for Housing History, XXX required, as proof provided that primary is owner free and clear. ;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception resolved.; XX/XX/XXXX - Final XXX reflects no mortgage for primary (XXX). No mtg reporting on credit report. Property detail in file (pg XXX) supports that there is currently no lien on XXX and borrower was transferred onto the Deed in XXX. Lender provided (also in file) a release of mortgage for XXX from XXX. Property owner free and clear.&#xXD;
Guideline (Section XXX) met for Housing History, XXX required, as proof provided that primary is owner free and clear. ; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

2021001799

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. no mortgage history reporting on credit bureau- lender to provide satisfactory XXX month mortgage rating history for XXX;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

2021001801

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided verification.; XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower liabilities verified indicator is Partial- provide evidence that solar lease agreement will be transferred to new owner and lease payment is $XXX per month.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided verification.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided verification.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Borrower liabilities verified indicator is Partial- provide evidence that solar lease agreement will be transferred to new owner and lease payment is $XXX per month.

2021001801

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided verification.; XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower liabilities verified indicator is Partial- provide evidence that solar lease agreement will be transferred to new owner and lease payment is $XXX per month.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided verification.;

2021001801

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Per GL must have a signed letter of living rent free: Section XXX§ Living Rent-Free: Borrowers that do not have the required housing payment history are still eligible to qualify for a purchase transaction as long as they are living rent free with a Relative and provide a Letter of explanation (LOE) executed by such Relative confirming that there is/was no monthly obligation. Lender to provide missing relative letter; letter in file page XXX executed by the borrower, not the relative. ;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided executed letter to XXX borrower living rent free with relative. ;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception Resolved.; XX/XX/XXXX - Lender provided executed letter to XXX borrower living rent free with relative. ; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

2021001801

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided executed letter to XXX borrower living rent free with relative. ;

2021001801

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided transfer documentation.; XX/XX/XXXX - Lender provided transfer verification.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - The following issues were noted: title prelim item # XXX- lender to provide copy of solar agreement and transfer agreement;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided transfer verification.;

2021001801

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided transfer verification.;

2021001812

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Note Document Indicator is Partial

XX/XX/XXXX - Note document indicator is Partial- Note is missing the prepayment penalty addendum;

XX/XX/XXXX - Note document indicator is Present; XX/XX/XXXX - Exception resolved: PPP Addendum provided.

2021001812

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Note Document Indicator is Partial

XX/XX/XXXX - Note document indicator is Partial- Note is missing the prepayment penalty addendum;

XX/XX/XXXX - Note document indicator is Present; XX/XX/XXXX - Exception resolved: PPP Addendum provided.

2021001822

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient

XX/XX/XXXX - HOI dwelling coverage is $XXX with no replacement costs; lender to provide updated HOI policy with increased dwelling coverage for loan amount = $XXX and/or guaranteed replacement costs.;

XX/XX/XXXX - Hazard insurance coverage is XXX, the subject loan amount is XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001825

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: Section XXX of the XXX Portfolio ATR guidelines dated XX/XX/XXXX require a VOD or XXX months bank statements to XXX depository balances. Provide additional statement for XXX account ending #XXX.;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Clearing. Section XXX of Guide (XXX) states XXX day asset XXX required. Bank stmt in file supports assets and a balance for previous month. Assets seasoned. ;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Clearing. Section XXX of Guide (XXX) states XXX day asset XXX required. Bank stmt in file supports assets and a balance for previous month. Assets seasoned. ; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

2021001825

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Asset Documents are Incomplete

2021001825

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Third Party Valuation Product Provided; XX/XX/XXXX - Exception Remains. Lender provided copy of original appraisal. File is missing Desk Review due to CU score of XXX which is greater than guideline requirement of XXX. Please provide Desk Review to support $XXXk value within XXX%.

2021001825

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

2021001825

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

XX/XX/XXXX - Third Party Valuation Product Not Provided and CU Score is XXX.;

XX/XX/XXXX - Third Party Valuation Product Provided.; XX/XX/XXXX - Exception Remains. Lender provided copy of original appraisal. File is missing Desk Review due to CU score of XXX which is greater than guideline requirement of XXX. Please provide Desk Review to support $XXXk value within XXX%.

2021001825

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

XX/XX/XXXX - Third Party Valuation Product Not Provided and CU Score is XXX.;

2021001847

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Missing XXX months Rental history at XXX.( previous residence), to complete Mortgage / Rental Lates history – Max XXX during the past XXX months. ;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided fully completed VOR with dates and supporting zero late payments. ;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception Resolved.; XX/XX/XXXX - Lender provided fully completed VOR with dates and supporting zero late payments. ; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains. VOR is incomplete. "number of late payments" is not completed.

2021001847

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Missing XXX months Rental history at XXX.( previous residence), to complete Mortgage / Rental Lates history – XXX during the past XXX months. ;

2021001847

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: Title insurance consistent with standard Fannie Mae/Freddie Mac requirements must be in place; Missing coverage. The amount of title insurance coverage must at least equal the original principal amount of the mortgage.;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved, title policy provided with sufficient coverage.

2021001847

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved, title policy provided with sufficient coverage.

2021001849

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Final Loan Application is Missing

XX/XX/XXXX - Final loan application is Missing; XX/XX/XXXX - EXCEPTION REMAINS: Lender corrected citizenship status; however, the application provided is initial application.
* Final XXX, with correct citizenship status, still missing.

Final XXX not included in loan file. Initial XXX indicates borrower is XXX; however, there is a permanent resident alien card in file. Ensure final XXX reflects accurate citizenship status;

XX/XX/XXXX - Final loan application is Present; XX/XX/XXXX - Exception resolved, final XXX provided.; XX/XX/XXXX - EXCEPTION REMAINS: Lender corrected citizenship status; however, the application provided is initial application. &#xXD;
* Final XXX, with correct citizenship status, still missing.

2021001849

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Final Loan Application is Missing

2021001849

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Title Policy is Missing

XX/XX/XXXX - Title policy is Missing;

XX/XX/XXXX - Title policy is Present; XX/XX/XXXX - Exception resolved, prelim title provided.

2021001849

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Title Policy is Missing

XX/XX/XXXX - Title policy is Missing;

XX/XX/XXXX - Title policy is Present; XX/XX/XXXX - Exception resolved, prelim title provided.

2021001854

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

DSCR is less than guideline minimum

XX/XX/XXXX - Qualifying DSCR of XXX is less than guideline minimum requirement of XXX. * Exception resolved, see closed notes.;

XX/XX/XXXX  - Exception Resolved.  &#xXD;
QC update:  Clearing DSCR exception.  Minimum DSCR Per Guideline field being changed from XXX to XXX.   Section XXX (pg XXX) of XXX DSCR XXX guideline states:  If DSCR <X, borrower must show XXX months negative cash flow as reserves.  Borrower meets standard (X months) and Neg Cash flow reserves.&#xXD;
&#xXD;
$XXX market rent - $XXX PITI = $XXX neg cash flow XXX = $XXX.   Borrower has $XXX verified assets.; XX/XX/XXXX  - Qualifying DSCR of XXX meets guideline requirement.&#xXD;
QC update:  Clearing DSCR exception.  Minimum DSCR Per Guideline field being changed from XXX to XXX.   Section XXX (pg XXX) of XXX DSCR XXX guideline states:  If DSCR <X, borrower must show XXX months negative cash flow as reserves.  Borrower meets standard (X months) and Neg Cash flow reserves.&#xXD;
&#xXD;
$XXX market rent - $XXX PITI = $XXX neg cash flow XXX = $XXX.   Borrower has $XXX verified assets.

2021001854

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

DSCR is less than guideline minimum

XX/XX/XXXX - Qualifying DSCR of XXX is less than guideline minimum requirement of XXX. * Exception resolved, see closed notes.;

2021001857

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: Lender to provide final title policy showing removal of exception item # XXX, page XXX- an uninsured deed affadavit; to ensure no chain of title issues and lender priority.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided notarized affadavit and previous grant deed to clear item #XXX.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Lender provided notarized affadavit and previous grant deed to clear item #XXX.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

2021001857

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided notarized affadavit and previous grant deed to clear item #XXX.;

2021001859

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - XXX lists current rental at XXX for XXX year IAO $XXX per month; prior address on XXX is XXX; VOR page XXX only rates XXX months starting XX/XX/XXXX; lender to provide complete XXX month satisfactory VOR rating.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided VOR for previous residence XXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Lender provided VOR for previous residence XXX .; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

2021001859

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - XXX lists current rental at XXX for XXX year IAO $XXX per month; prior address on XXX is XXX ; VOR page XXX only rates XXX months starting XX/XX/XXXX; lender to provide complete XXX month satisfactory VOR rating.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided VOR for previous residence XXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Lender provided VOR for previous residence XXX.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

2021001881

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Effective Date is after the Note Date

XX/XX/XXXX - The hazard insurance effective date of XX/XX/XXXX is after the note date of XX/XX/XXXX EXCEPTION REMAINS: Lender trailing doc is a Settlement Statement that was in imaged file. Correct effective date still needed for HOI Dec. HOI Replacement Coverage (pg XXX) reflects effective date of XXX. HOI correction still needed.;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved. Corrected hoi effective date provided.; XX/XX/XXXX - EXCEPTION REMAINS: Lender trailing doc is a Settlement Statement that was in imaged file. Correct effective date still needed for HOI Dec. HOI Replacement Coverage (pg XXX) reflects effective date of XXX. HOI correction still needed.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001881

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Effective Date is after the Note Date

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001907

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Hazard insurance indicator is Partial. * (pg XXX). Incorrect expiration date. Effective and Expiration are both XX/XX/XXXX.;

XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated HOI XXX page with corrected dates. ;

XX/XX/XXXX - Hazard insurance indicator is Present. Exception Resolved.; XX/XX/XXXX - Lender provided updated HOI XXX page with corrected dates. ; XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001907

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Hazard insurance indicator is Partial. * XXX (pg XXX). Incorrect expiration date. Effective and Expiration are both XX/XX/XXXX.;

XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated HOI XXX page with corrected dates. ;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001907

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted:Lender to provide final title for review to XXX judgment lien page XXX item# XXX (child support) and delq seller tax liens have been removed.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated title.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided updated title.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001907

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted:Lender to provide final title for review to XXX judgment lien page XXX item# XXX (child support) and delq seller tax liens have been removed.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated title.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided updated title.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021001919

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Origination Appraisal is Partial.; XX/XX/XXXX - Appraisal shows subject property tenant occupied and no notes from appraiser or notice to vacate to the tenant found in file. Lender to provide notice to vacate to current tenants.;

XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided utility bill and copy of vesting to XXX OO subject.;

XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Lender provided utility bill and copy of vesting to XXX OO subject.; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.

2021001919

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided utility bill and copy of vesting to XXX OO subject.;

2021001939

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient

XX/XX/XXXX - Change severity of 'Hazard Insurance Coverage is Not Sufficient' from Material to Non-Material.; XX/XX/XXXX - reconstruction costs $XXX- HOI dwelling coverage sufficient IAO $XXX;

XX/XX/XXXX - Hazard insurance coverage is XXX, the subject loan amount is XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.

2021001939

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: lender to provide final title to review and XXX removal of the following clouds/ lien on title: X) no $ amount- item # X- HOA lien; item # XXX - IRS lien IAO $XXX to ensure lender has first lien priority.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided support, coupled with docs/supplement in file, that item #XXX and #XXX would be removed at closing and with issuance of final title policy. Loan amount was reflected on pg XXX of origination file.;

XX/XX/XXXX - Exception resolved; XX/XX/XXXX - Lender provided support, coupled with docs/supplement in file, that item #XXX and #XXX would be removed at closing and with issuance of final title policy. Loan amount was reflected on pg XXX of origination file.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

2021001949

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: page XXX- XXX HUD shows EMD $XXX and another closing funds IAO $XXX plus $XXX; file contains a gift letter IAO $XXX; $XXX gift funds not sourced.;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided wire info to support the $XXX gift, from parent, disclosed in file (pg XXX). Funds wired at close to title company. Donor's name and bank info match. Also provided was support of remaining funds to close, wired from borrower's XXX account #XXX, which was documented in file (pg XXX). Assets/Gift verified.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Changes made in XXX.; XX/XX/XXXX - Lender provided wire info to support the $XXX gift, from parent, disclosed in file (pg XXX). Funds wired at close to title company. Donor's name and bank info match. Also provided was support of remaining funds to close, wired from borrower's XXX account #XXX, which was documented in file (pg XXX). Assets/Gift verified.; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001949

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Acknowledged

Title Issues Present

XX/XX/XXXX - * EXCEPTION REMAINS for missing title insurance coverage amount.

** Solar issue cleared. Lender provided doc to support Solar Agreement in file (pg XXX). Power is being purchased from the panels, the panel owner has a claim to the panels, not the property. Pg XXX specifically states that power is being purchased, not panels. Full XXX pg XXX.

Title prelim incomplete- new construction property; lender to provide final title with loan amount coverage; XXX solar lien from SunStreet must be subordinate to lenders first position.;

XX/XX/XXXX - Change severity of 'Title Issues Present' from Material to Non-Material.; XX/XX/XXXX - Acknowledged; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Acknowledged by Client.; XX/XX/XXXX - * EXCEPTION REMAINS for missing title insurance coverage amount.&#xXD;
&#xXD;
** Solar issue cleared. Lender provided doc to support Solar Agreement in file (pg XXX). Power is being purchased from the panels, the panel owner has a claim to the panels, not the property. Pg XXX specifically states that power is being purchased, not panels. Full XXX pg XXX.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

2021001982

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - $XXX closing funds wire to escrow company (pg XXX). Missing asset Bank stmt needed to support these UW verified funds required for closing and XXX months reserves. Per lender approval- UW verified $XXX in assets; XXX mos reserves needed due to DSCR ratio per GL. Lender to provide assets per approval IAO $XXX with complete XXX statements.;

XX/XX/XXXX - x; XX/XX/XXXX - Exception resolved. Bank statement provided.

2021001982

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Insufficient cash to close.

XX/XX/XXXX - Cash to close in the amount of XXX is greater than the available asset amount of XXX. Missing statement for XXX checking/savings accounts listed on XXX (pg XXX). Balances not input. Input $XXX Gift from parent (pgs XX/XX, EMD $XXX (pgs XXX) and a $XXX closing funds wire to escrow company (pg XXX). The Bank stmt needed to support these funds, as well. ;

XX/XX/XXXX - Sufficient cash to close is documented.

2021001982

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - The liquid reserves of -XXX months or $-XXX, are less than the Guidelines minimum required of XXX or $XXX.;

XX/XX/XXXX - Exception resolved, bank statement provided.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.

2021001982

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided UCDP reports. CU = XXX, LCA no score. Input XXX into XXX, no XXX party valuation required.;

XX/XX/XXXX - Third Party Valuation Product Provided. Lender provided UCDP reports. CU = XXX, LCA no score. Input XXX into XXX, no XXX party valuation required. Exception resolved.; XX/XX/XXXX - Lender provided UCDP reports. CU = XXX, LCA no score. Input XXX into XXX, no XXX party valuation required.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.

2021002021

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Title Policy is Partial

XX/XX/XXXX - Title policy is Partial- prelim page XXX does not include loan coverage amount =$XXX; lender to provide final title to XXX loan amount coverage.;

XX/XX/XXXX - Change severity of 'Title Policy is Partial' from Material to Non-Material.; XX/XX/XXXX - Acknowledged; XX/XX/XXXX - Change status of 'Title Policy is Partial' from Active to Acknowledged by Client.

2021100001

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - No Fraud Report was found during audit review. lender needs to provide. ; XX/XX/XXXX - No Fraud report was found during audit, lender needs to please provide a fraud report. ;

XX/XX/XXXX - Fraud report Present.; XX/XX/XXXX - Lender provided XX/XX/XXXX

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

2021100009

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Insufficient cash to close.

XX/XX/XXXX - Cash to close in the amount of XXX is greater than the available asset amount of XXX.;

XX/XX/XXXX - Exception Cleared; XX/XX/XXXX - Sufficient cash to close is documented.; XX/XX/XXXX - Cash to close in the amount of XXX is greater than the available asset amount of XXX.

2021100009

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.;

XX/XX/XXXX - Exception Cleared; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.

2021100016

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Affiliated Business Disclosure is Missing

XX/XX/XXXX - The affiliate business disclosure is Missing;

XX/XX/XXXX - The affiliate business disclosure is ___

2021100016

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. The file is missing verification of the PITIA for all mortgages reflected on the Final XXX as required per guides.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided XX/XX/XXXX

2021100016

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing.;

XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.; XX/XX/XXXX - The Fraud Report provided cannot be opened. The file is corrupt. Please provide a new Fraud Report. Exception Remains;

XX/XX/XXXX - Fraud report Present.; XX/XX/XXXX - The Fraud Report provided cannot be opened. The file is corrupt. Please provide a new Fraud Report. Exception Remains; XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.

2021100016

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Effective Date is after the Note Date

XX/XX/XXXX - The hazard insurance effective date of XX/XX/XXXX is after the disbursement date of XX/XX/XXXX.;

XX/XX/XXXX - Change status of 'Hazard Insurance Effective Date is after the Note Date' from Active to Open Rebuttal.; XX/XX/XXXX - The file contains evidence of hazard insurance effective XX/XX/XXXX which is after the note date of XX/XX/XXXX. Please provide the prior hazard insurance policy confirming coverage as of the note date. Exception Remains. ;

XX/XX/XXXX - refinance.. in place already&#xXD;
; XX/XX/XXXX - The file contains evidence of hazard insurance effective XX/XX/XXXX which is after the note date of XX/XX/XXXX. Please provide the prior hazard insurance policy confirming coverage as of the note date. Exception Remains. ; XX/XX/XXXX - Change status of 'Hazard Insurance Effective Date is after the Note Date' from Active to Open Rebuttal.

2021100016

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Insufficient cash to close.

XX/XX/XXXX - Cash to close in the amount of $XXX is greater than the available asset amount of XXX.;

XX/XX/XXXX - Change status of 'Insufficient cash to close.' from Active to Open Rebuttal.; XX/XX/XXXX - Received evidence of proceeds from other refinances, however the borrower is still short funds to close of $XXX and reserves of $XXX, Exception Remains. ;

XX/XX/XXXX - Sufficient cash to close is documented.; XX/XX/XXXX - Received evidence of proceeds from other refinances, however the borrower is still short funds to close of $XXX and reserves of $XXX, Exception Remains. ; XX/XX/XXXX - Change status of 'Insufficient cash to close.' from Active to Open Rebuttal.; XX/XX/XXXX - Cash to close in the amount of XXX is greater than the available asset amount of XXX.

2021100016

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX. No reserves required per guides. ; XX/XX/XXXX - Change severity of 'Liquid Reserves are less than Guidelines Required' from Material to Non-Material. No reserves required per guides.;

XX/XX/XXXX - Change status of 'Liquid Reserves are less than Guidelines Required' from Active to Open Rebuttal.; XX/XX/XXXX - Received evidence of proceeds from other refinances, however the borrower is still short funds to close of $XXX and reserves of $XXX, Exception Remains. ;

XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - Received evidence of proceeds from other refinances, however the borrower is still short funds to close of $XXX and reserves of $XXX, Exception Remains. ; XX/XX/XXXX - Change status of 'Liquid Reserves are less than Guidelines Required' from Active to Open Rebuttal.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.

2021100016

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Notice of Special Flood Hazards is Missing

XX/XX/XXXX - The notice of special flood hazards is Missing;

XX/XX/XXXX - The notice of special flood hazards is Not Applicable

2021100022

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing.;

XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Fraud Report. Exception Cleared;

XX/XX/XXXX - Fraud report Present.; XX/XX/XXXX - Lender provided Fraud Report. Exception Cleared; XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years

2021100057

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Affiliated Business Disclosure is Missing

XX/XX/XXXX - The affiliate business disclosure is Missing;

XX/XX/XXXX - The affiliate business disclosure is Present

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021100057

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Asset Verification is Missing

XX/XX/XXXX - The borrower asset verification is Missing. Missing the final XXX statement for the sale of the current residence to show the net proceeds of $XXX;

XX/XX/XXXX - exception cleared; XX/XX/XXXX - The borrower asset verification is Level X – Verified = XXX mos stmts/bal documentation for liquid assets/or gift letter

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021100057

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - No Fraud Report found during audit review, UW did not find any lender XXX to confirm report is needed. ;

XX/XX/XXXX - Exception Cleared. ; XX/XX/XXXX - Fraud report Present.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021100057

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Escrow Account Disclosure is Missing

XX/XX/XXXX - No initial escrow disclosure was found during audit review. Lender needs provide;

XX/XX/XXXX - Exception Cleared.; XX/XX/XXXX - The initial escrow account disclosure is Present

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021100057

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Insufficient cash to close.

XX/XX/XXXX - exception cleared; XX/XX/XXXX - Cash to close in the amount of XXX is greater than the available asset amount of XXX.; XX/XX/XXXX - Sufficient cash to close is documented.;

XX/XX/XXXX - exception cleared; XX/XX/XXXX - Sufficient cash to close is documented.; XX/XX/XXXX - Cash to close in the amount of XXX is greater than the available asset amount of XXX.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021100057

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - exception cleared;

XX/XX/XXXX - exception cleared; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021100057

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Security Instrument Indicator is Missing

XX/XX/XXXX - No security instrument was found during audit. Lender needs to supply a fully executed document. ;

XX/XX/XXXX - Exception Cleared. ; XX/XX/XXXX - The security instrument indicator is Present

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021100057

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

UCDP Summary Report is Missing

XX/XX/XXXX - No UCDP/SSR was found during audit review. Lender needs to provide if available.;

XX/XX/XXXX - Exception Cleared.; XX/XX/XXXX - The SSR indicator is Not Applicable

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021100061

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing.;

XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Fraud Report ; XX/XX/XXXX - The Fraud Report provided via XXX could not be opened. Please provide a Fraud Report for the borrower. Exception Remains ; XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.; XX/XX/XXXX - The Fraud Report provided via XXX could not be opened. Please provide a Fraud Report for the borrower. Exception Remains ; XX/XX/XXXX - Lender provided Fraud Report ;

XX/XX/XXXX - Lender provided Fraud Report ; XX/XX/XXXX - Fraud report Present.; XX/XX/XXXX - The Fraud Report provided via XXX could not be opened. Please provide a Fraud Report for the borrower. Exception Remains ; XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.

2021110034

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Cal. Fin. Code § 4973(f)(1); 4973(j) - Tangible Net Benefit Disclosure missing or no evidence it was provided prior to or at consummation or unable to validate tangible net benefit criteria

XX/XX/XXXX - XXX Fin. Code § XXXX(f)(X); XXXX(j) - Tangible Net Benefit Disclosure missing or no evidence it was provided prior to or at consummation or unable to validate tangible net benefit criteria;

XX/XX/XXXX - exception cleared; XX/XX/XXXX - Tangible Net Benefit disclosure was completed, in file and provided properly

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021110034

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

2021110034

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date Validation Test

2021110034

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing.;

XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.; XX/XX/XXXX - The Fraud Report provided via XXX could not be opened. Please provide a Fraud Report for the borrower. Exception Remains ;

XX/XX/XXXX - Fraud report Present.; XX/XX/XXXX - Lender provided Fraud report; XX/XX/XXXX - The Fraud Report provided via XXX could not be opened. Please provide a Fraud Report for the borrower. Exception Remains ; XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.

2021110034

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

HMDA Data Tape Not Provided

XX/XX/XXXX - XXX data tape not provided.; XX/XX/XXXX - exception cleared; XX/XX/XXXX - XXX data tape provided.;

XX/XX/XXXX - exception cleared; XX/XX/XXXX - HMDA data tape provided.; XX/XX/XXXX - HMDA data tape not provided.

2021110034

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Guidelines require mortgage rating for most recent XXX months. Payment history in file only covers XX/XX/XXXX through XX/XX/XXXX.;

XX/XX/XXXX - Exception Cleared.; XX/XX/XXXX - Housing delinquency meets guidelines.

2021110034

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

2021110063

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial. Provide current lease agreement to support $XXX rental income that was used in the DSCR rental income calculation. ;

XX/XX/XXXX - Exception cleared, the borrower has sufficient asset equal to the difference required to achieve X.X DSCR ratio. ; XX/XX/XXXX - Borrower liabilities verified indicator is Present

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021110063

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing.;

XX/XX/XXXX - Exception Cleared.; XX/XX/XXXX - Fraud report Present.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021110063

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Exception Cleared. ; XX/XX/XXXX - Third Party Valuation Product Provided

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021110078

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Covered High Cost Indicator is Unknown

XX/XX/XXXX - Covered High Cost Indicator is Unknown. This loan is a High Cost mortgage, but there is no evidence if this was disclosed to the borrower prior to closing.;

XX/XX/XXXX - Covered High Cost Indicator is No

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021110078

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Dual Broker Compensation Test

XX/XX/XXXX - This loan passed the Dual Broker Compensation Test. (XX CFR Â§XXXXX(d)(X))This loan has borrower paid broker compensation of $XXX and broker compensation paid by another party of $XXX.This loan does not contain compensation to the broker from both the borrower and lender for loan origination activities. If any loan originator receives compensation directly from a consumer in a consumer credit transaction secured by a dwelling, no loan originator shall receive compensation, directly or indirectly, from any other person other than the consumer in connection with the transaction for loan origination activities.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021110078

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing. A fraud report was required on this transaction, but no evidence of one completed. Therefore, must provided completed Fraud Report with all alerts cleared, XXX and XXX completed and cleared.;

XX/XX/XXXX - Fraud report Present.; XX/XX/XXXX - Lender provided XX/XX/XXXX

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021110078

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Per Diem Interest Amount Test

XX/XX/XXXX - This loan failed the per diem interest amount test. (CA Bus. Prof. Code Â§XXXXX)The per diem interest amount charged on the loan ($XXX) exceeds the per diem interest charge or credit threshold ($XXX).PLEASE NOTE: An additional $XXX buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.

XX/XX/XXXX - The per diem variance is over $XXX.;

XX/XX/XXXX - This loan passed the per diem interest amount test. (XXX Bus. Prof. Code §XXXXX)The per diem interest amount charged on the loan ($XXX) does not exceed the per diem interest charge or credit threshold ($XXX).PLEASE NOTE: An additional $XXX buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.; XX/XX/XXXX - This loan failed the per diem interest amount test. (XXX Bus. Prof. Code §XXXXX)The per diem interest amount charged on the loan ($XXX) exceeds the per diem interest charge or credit threshold ($XXX).PLEASE NOTE: An additional $XXX buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021110078

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Transmittal Summary is Missing

XX/XX/XXXX - No evidence of a XXX Transmittal Summary or an Approval for subject loan, which is required on all loans. Therefore, must provide the XXX and final approval.;

XX/XX/XXXX - The transmittal summary is Present; XX/XX/XXXX - Lender provided XX/XX/XXXX

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

2021120002

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Per ACRA guidelines XXX-X, all files must be reviewed for completeness and perform a compliance and fraud check. The file does not contain a fraud report. ;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Fraud report Present.

2021120009

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing.;

XX/XX/XXXX - Exception cleared. ; XX/XX/XXXX - Fraud report Present.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

2021120011

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Per ACRA guidelines XXX-X, all files must be reviewed for completeness and perform a compliance and fraud check. The file does not contain a fraud report.;

XX/XX/XXXX - Exception Resolved; XX/XX/XXXX - Fraud report Present.

2021120011

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.; XX/XX/XXXX - Third Party Valuation Product Provided;

XX/XX/XXXX - exception resolved.; XX/XX/XXXX - Third Party Valuation Product Provided

2021120011

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided.

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Third Party Valuation Product Provided

2021120019

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Income Verification is less than XXX months

XX/XX/XXXX - Borrower Income Verification of XXX is less than XXX months.; XX/XX/XXXX - Change severity of 'Borrower Income Verification is less than XXX months' from Material to Non-Material.;

XX/XX/XXXX - Exception resolved; XX/XX/XXXX - Income Verification of XXX is greater than XXX months.

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

2021120019

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing.;

XX/XX/XXXX - Fraud report Partial.; XX/XX/XXXX - Fraud report Present.; XX/XX/XXXX - Per XXX guidelines XXX-X, all files must be reviewed for completeness and perform a compliance and fraud check. This file does not contain a fraud report.

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

2021120019

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Hazard insurance indicator is Partial. The hazard insurance documentation in file is missing evidence of Rent loss insurance coverage. Per guidelines, Sec XXX, rent loss insurance coverage is required on all XXX unit non owner occupied properties.;

XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Guidelines require XXX coverage on all XXX unit non-owner-occupied rental income properties. The policy must include coverage of at least XXX-months rental losses during property rehabilitation following a casualty. Policy in file does not reflect this coverage is provided.;

XX/XX/XXXX - Hazard insurance indicator is Present. Confirmed the policy contains sufficient XXX months rent loss coverage. Exception Resolved. ; XX/XX/XXXX - Received Dwelling Reconstruction Cost Estimate, however there is no evidence of rent loss coverage as required per the guidelines. Exception Remains. ; XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Guidelines require Rent Loss insurance coverage on all XXX unit non-owner-occupied rental income properties. The policy must include coverage of at least XXX-months rental losses during property rehabilitation following a casualty. Policy in file does not reflect this coverage is provided.

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

2021120019

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Notice of Special Flood Hazards is Missing

XX/XX/XXXX - The notice of special flood hazards is Missing;

XX/XX/XXXX - exception resolved; XX/XX/XXXX - The notice of special flood hazards is Not Applicable

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

2021120019

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.; XX/XX/XXXX - Third Party Valuation Product Provided;

XX/XX/XXXX - exception resolved; XX/XX/XXXX - Third Party Valuation Product Provided

Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years

2021120060

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Present.; XX/XX/XXXX - Per ACRA guidelines XXX-X, all files must be reviewed for completeness and perform a compliance and fraud check. This file does not contain a fraud report.;

2021120060

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - XXX Provided documentation to confirm XXX months business coverage which include loss of rents. Exception Resolved. ; XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Guidelines require Rent Loss insurance coverage on all XXX unit non-owner-occupied rental income properties. The policy must include coverage of at least XXX-months rental losses during property rehabilitation following a casualty. Policy in file does not reflect this coverage is provided.;

2021120060

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Servicing Comments list impact to the borrowers related to COVID-19.

XX/XX/XXXX - exception resolved; XX/XX/XXXX - Servicing comments list the following comments related to COVID-XX:;

XX/XX/XXXX - exception resolved; XX/XX/XXXX - Servicing comments list the following comments related to COVID-XX:

2021120060

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Settlement Cost Booklet was provided more than XXX days from the Originator Application Date

XX/XX/XXXX - Settlement Cost Booklet date of ___ is within XXX days from the Originator application date of XX/XX/XXXX; XX/XX/XXXX - Settlement Cost Booklet date of XX/XX/XXXX is more than XXX days from the Originator application date of XX/XX/XXXX;

XX/XX/XXXX - exception resolved; XX/XX/XXXX - Settlement Cost Booklet date of ___ is within XXX days from the Originator application date of XX/XX/XXXX

30010119381

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - CLEARED. XXX student loans reflected on credit bureau (pg XXX); match XXX. Payments listed for XXX accounts and XXX% payment applied for other XXX. Non-QM Student Loan section (pg XXX) guide met. All XXX included in debt ratio.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Borrower liabilities verified indicator is Partial- provide evidence to XXX student loan payments as not all pmts listed on credit bureau. XXX (XXX) student loans in total.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - CLEARED. XXX student loans reflected on credit bureau (pg XXX); match XXX. Payments listed for XXX accounts and XXX% payment applied for other XXX. Non-QM Student Loan section (pg XXX) guide met. All XXX included in debt ratio.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

30010119381

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final XXX incorrect: shows personal debt to be paid off for all student loans and open XXX accounts; final CD only paying off subject mortgage. ; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - CLEARED. Final XXX (pg XXX of Closing Package) does not reflect pay off of XXX or student loans; matches final CD (pg XXX of Closing Package).

XXX account not included in debt ratio, sufficient assets present to cover balance. Ok per Non-QM Guide Section for Open XXX-day Charge Accounts (pg XXX).;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - CLEARED. Final XXX (pg XXX of Closing Package) does not reflect pay off of XXX or student loans; matches final CD (pg XXX of Closing Package). &#xXD;
&#xXD;
XXX account not included in debt ratio, sufficient assets present to cover balance. Ok per Non-QM Guide Section for Open XXX-day Charge Accounts (pg XXX).; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

32010119948

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval. File is missing bank statements used to calculate borrower income. File contains only XX/XX/XXXX and XX/XX/XXXX bank statements- bank statement worksheet in file uses average of XXX months through XX/XX/XXXX. Please provide bank statements to XXX income.;

XX/XX/XXXX - XXX months business bank stmts and Lender BS income calcs worksheet in file. ; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.;

XX/XX/XXXX - The borrower income verification does match approval. Clearing exception, bank stmts in file.; XX/XX/XXXX - XXX months business bank stmts and Lender BS income calcs worksheet in file. ; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

90000118747

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Mortgage statement in file for XXX from XXX pg XXX, not reported on credit. Missing Verification of housing history with XXX loan #XXX - mortgage statement in file page XXX dated XX/XX/XXXX.; XX/XX/XXXX - Guidelines stipulate that XXX months history is reflected. Only XXX months are reflected on the credit report. Mortgage for subject property not reported on credit, no history provided other than statement showing current. Missing XXX housing history verification.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided credit report supplement reflecting a XXX month (XXX) mortgage history for XXX #XXX through XX/XX/XXXX.;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception Resolved.; XX/XX/XXXX - Lender provided credit report supplement reflecting a XXX month (XXX) mortgage history for XXX #XXX through XX/XX/XXXX.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

90000120082

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - NonQM Guide (XX/XX/XXXX pg XXX): Full Doc requires XXX full month of paystubs and XXX years . Pstubs and only XXX in file. Need XXX .;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - The borrower income verification does match approval. * CLEARED. Per XXX only XXX year required. Guideline met with XXX .; XX/XX/XXXX - CLEARED. Per XXX only XXX year required. Guideline met with XXX .

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

90000120162

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does match approval. EXCEPTION RESOLVED. Per XXX only XXX year required. Guideline met with XXX .; XX/XX/XXXX - CLEARED. Per XXX only XXX year required. Guideline met with XXX .; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - NonQM Guide (XX/XX/XXXX pg XXX): Full Doc requires XXX full month of paystubs and XXX years . Pstubs and only XXX in file. Need XXX .;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - CLEARED. Per XXX only XXX year required. Guideline met with XXX .;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

90120108544

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared:high alerts uncleared;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Fraud Report with cleared high alerts.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared. Exception Resolved.; XX/XX/XXXX - Lender provided Fraud Report with cleared high alerts.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

90120108544

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Missing VOR for past XXX mos.;

XX/XX/XXXX  - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX  - History  ok/CLEARED:  Previous Mtg on credit report (XXX pg XXX / XXX months DLA XX/XX) + Rent Pmts to Luxor (XXX month) = XXX months XXX.

Rent pmts:
XX/XX/XXXX  XXX #XXX  pg XXX
XX/XX/XXXX  XXX #XXX  pg  XXX
XX/XX/XXXX  XXX #XXX   pg XXX
XX/XX/XXXX  XXX #XXX   pg XXX;

XX/XX/XXXX  - Housing delinquency meets guidelines.  Exception Resolved.; XX/XX/XXXX  - History  ok/CLEARED:  Previous Mtg on credit report (XXX pg XXX / XXX months DLA XX/XX) + Rent Pmts to Luxor (XXX month) = XXX months XXX.  &#xXD;
&#xXD;
Rent pmts:  &#xXD;
XX/XX/XXXX  XXX #XXX  pg XXX&#xXD;
XX/XX/XXXX  XXX #XXX  pg  XXX&#xXD;
XX/XX/XXXX  XXX #XXX   pg XXX&#xXD;
XX/XX/XXXX  XXX #XXX   pg XXX; XX/XX/XXXX  - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

90170117564

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval. Missing Short term rental verification from XXX or similar service. *Rental income for previous XXX months noted by appraiser, missing actual XXX or similar service XXX month history. Per DSCR Matrices XXX "Short term rental income is permitted with use of a XXX-month look back period to determine avg monthly rents. Annual or monthly statements from XXX or similar service required".;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of property management XXX month gross/net rent for the subject property;

XX/XX/XXXX - The borrower income verification does match approval. Exception resolved; XX/XX/XXXX - Lender provided copy of property management XXX month gross/net rent for the subject property; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

90210800397

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Acknowledged

Title Issues Present

XX/XX/XXXX  - The following issues were noted:
Title Vesting and Ownership,  Lender Guideline, section XXX.  For O/O refi, property must be vested as Individual.  This loan is vested as single member LLC entity, which is allowable for investment properties (same guide section, pg XXX).
Note (pg XXX legal package imaged file, Mtg (pg XXX LP) , and Title (pg XXX) are vested as XXX.  LLC docs pgs XXX, XXX.  This is not same LLC used to qualify (XXX).;

XX/XX/XXXX - Change severity of 'Title Issues Present' from Material to Non-Material.; XX/XX/XXXX - Client received the Personal Guaranty and wish to downgrade the vesting exception to a XXX; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Acknowledged by Client.; XX/XX/XXXX - EXCEPTION REMAINS: Per the XXX NQM Guidelines section XXX. For Owner Occupied refinances, property must be vested in borrowers name. The subject loan transaction is vested as single member LLC entity, which is allowable for investment properties ONLY.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

90210800556

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Final XXX is missing marital status;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX.;

XX/XX/XXXX - Lender provided updated XXX. Exception resolved.; XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

90210800752

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Home loan Toolkit is Missing

XX/XX/XXXX - The home loan toolkit is Missing;

XX/XX/XXXX - EXCEPTION INVALID FOR REFINANCES; XX/XX/XXXX - The home loan toolkit received.

90210800989

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval - lender to provide income calculations form XXX bank statement analysis.;

XX/XX/XXXX - The borrower income verification does match approval; XX/XX/XXXX - Exception NA

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

90210900051

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval: Guidelines require XXX months bank statements, file contains XXX months. Missing bank statements for XXX of XXX through XXX of XXX. ;

XX/XX/XXXX - Lender provided XXX months bank statements.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.;

XX/XX/XXXX - The borrower income verification does match approval. Exception resolved; XX/XX/XXXX - Lender provided XXX months bank statements.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

90210900057

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Initial Loan Application is Missing

XX/XX/XXXX - The initial XXX was provided on the XXX doc packages sent. ; XX/XX/XXXX - Missing Copy of Initial Loan Application;

XX/XX/XXXX - Received copy of initial loan application

90210900067

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - Missing receipt of net proceeds from sale of current residence located at XXX. Final XXX shows net proceeds towards funds to close/reserves of $XXX.;

XX/XX/XXXX - Lender provided IRA account with XXX XXX% XXX. Reserves are sufficient. Exception resolved.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - Exception Remains. Lender provided updated income documentation. The exception is for insufficient reserves verified. Per Guidelines XXX months reserves are required, there are XXX months of reserves verified. Lender also stated the property that was to be sold and add an additional $XXX to available funds was not sold, so the $XXX was not available as originally stated.

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

90210900119

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - The borrower income verification does not match approval= XXX and XXX executed by XXX, member of XXX, XXX, XXX. Per XXX, needs to personally sign a guaranty- missing guarantee by XXX. ;

XX/XX/XXXX - Borrower sole member per XXX

90210900119

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval= bank statement income does not match XXX of $XXX. Ratios do not match.Bank statement income is $XXX. Lender to provide full income documentation for $XXX and resubmit for reverification and DTI re-verification.;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided updated XXX with corrected income and DTI.;

XX/XX/XXXX - Exception resolved; XX/XX/XXXX - The borrower income verification does match approval; XX/XX/XXXX - Lender provided updated XXX with corrected income and DTI.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

90210900119

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Provide information for XXX property listed on XXX- no information in file, need specific ownership, payment history for last XXX months, taxes and insurance as not included in DTI.;

XX/XX/XXXX - Housing delinquency meets guidelines.

90210900119

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - Lender to provide income documentation over and above bank statement income XXX $XXX; XXX income shows XXX $XXX; using only XXX mo bank statement income - DTI over GL XXX%; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.;

XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.

90210900178

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Credit Report is Missing

XX/XX/XXXX - Missing Borrower credit report;

XX/XX/XXXX - Change status of 'Borrower Credit Report is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of CB;

XX/XX/XXXX - Borrower credit report received; XX/XX/XXXX - Lender provided copy of CB; XX/XX/XXXX - Change status of 'Borrower Credit Report is Missing' from Active to Open Rebuttal.

90210900178

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Missing

XX/XX/XXXX - Borrower liabilities verified indicator is Missing * Credit Report missing. Input scores from Credit Scoring Info Disclosure (pg XXX of second imaged file) and used that date for XXX input. Entered info from final XXX for liabilities but unable to XXX max credit lines, open dates, and balances.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present

90210900178

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

CoBorrower Credit Report is Missing

XX/XX/XXXX - CoBorrower credit report is missing.;

XX/XX/XXXX - Change status of 'CoBorrower Credit Report is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of CB;

XX/XX/XXXX - Received CoBorrower credit report.; XX/XX/XXXX - Lender provided copy of CB; XX/XX/XXXX - Change status of 'CoBorrower Credit Report is Missing' from Active to Open Rebuttal.

90210900178

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

CoBorrower Liabilities Verified Indicator is Missing

XX/XX/XXXX - CoBorrower liabilities verified indicator is Missing. * Credit Report missing. Input scores from Credit Scoring Info Disclosure (pg XXX of second imaged file) and used that date for XXX input. Entered info from final XXX for liabilities but unable to XXX max credit lines, open dates, and balances.;

XX/XX/XXXX - CoBorrower liabilities verified indicator is Present

90210900178

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Effective Date is after the Note Date

XX/XX/XXXX - The hazard insurance effective date of XX/XX/XXXX is after the note date of XX/XX/XXXX;

XX/XX/XXXX - Change status of 'Hazard Insurance Effective Date is after the Note Date' from Active to Open Rebuttal.; XX/XX/XXXX - Loan disbursed XX/XX/XXXX per the final CD. HOI policy in effect.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Loan disbursed XX/XX/XXXX per the final CD. HOI policy in effect.; XX/XX/XXXX - Change status of 'Hazard Insurance Effective Date is after the Note Date' from Active to Open Rebuttal.

90210900178

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Minimum Trade Line Requirement Not Met

XX/XX/XXXX - Borrower(s) have not met the minimum tradeline requirement per lender guidelines. * No credit report in file to fully XXX so setting this exception. XXX revolving account listed on final XXX but no dates. ;

XX/XX/XXXX - Borrower(s) have met the minimum tradeline requirement per lender guidelines.

90210900178

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Third Party Valuation Product Provided

90210900178

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: prelim item # XXX oil and gas lease - missing oil and gas lease for review.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Final title provided with all exceptions clear;

XX/XX/XXXX - Exception resolved; XX/XX/XXXX - Final title provided with all exceptions clear; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

90210900192

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Active

Home loan Toolkit is Missing

XX/XX/XXXX - The home loan toolkit is Missing;

90210900192

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting CLTV of XXX is greater than the maximum allowable guideline CLTV of XXX. Per section XXX - Living Rent Free of guide, max CLTV is XXX% See pg XXX for rent free housing LOE. Has not paid rent since XX/XX/XXXX - see proof of rent pmts (pgs XXX) for XX/XX/XXXX thru XX/XX/XXXX. XXX UW comments (pg XXX) states that borrower had rental history within XXX months, guidelines do not state rental history "within XX" months and this borrower has been rent free since XX/XX/XXXX.
Max CLTV for Bank Statement program used for purchase of Condo is XXX%.

If that can be cured, LTV max still XXX% based on Bank Stmt/Alt Doc Matrix. Under Property Type it states XXX% for condo.;

XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of the XXX expanded bank statement NQM guidelines and loan qualifies at XXX% LTV/CLTV.;

XX/XX/XXXX - Original CLTV of XXX adheres to the guideline maximum CLTV of XXX.; XX/XX/XXXX - Lender provided copy of the XXX expanded bank statement NQM guidelines and loan qualifies at XXX% LTV/CLTV.; XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Open Rebuttal.; XX/XX/XXXX - EXCEPTION REMAINS: Lender provided lender guidelines for XXX. Will need UW guidelines for XXX per the loan data provided for review. ; XX/XX/XXXX - EXCEPTION REMAINS: Lender provided snips of emails and matrix but did not supply the full set of GL's that XXX LTV/CLTV max is XXX%. Provide a full copy of guidelines and matrices. Additional conditions may apply.

90210900192

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX based on a loan amount of XXX and value used for LTV of XXX. * Per section XXX - Living Rent Free of guide, max LTV is XXX% See pg XXX for rent free housing LOE. Has not paid rent since XX/XX/XXXX - see proof of rent pmts (pgs XXX) for XX/XX/XXXX thru XX/XX/XXXX. XXX UW comments (pg XXX) states that borrower had rental history within XXX months, guidelines do not state rental history "within XX" months and this borrower has been rent free since XX/XX/XXXX.
Max LTV for Bank Statement program used for purchase of Condo is XXX%.

If that can be cured, LTV max still XXX% based on Bank Stmt/Alt Doc Matrix. Under Property Type it states XXX% for condo.;

XX/XX/XXXX - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of the XXX expanded bank statement NQM guidelines and loan qualifies at XXX% LTV/CLTV.;

XX/XX/XXXX - Original LTV of XXX adheres to the guideline maximum LTV of XXX.; XX/XX/XXXX - Lender provided copy of the XXX expanded bank statement NQM guidelines and loan qualifies at XXX% LTV/CLTV.; XX/XX/XXXX - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Open Rebuttal.; XX/XX/XXXX - EXCEPTION REMAINS: Lender provided lender guidelines for XXX. Will need UW guidelines for XXX per the loan data provided for review. ; XX/XX/XXXX - EXCEPTION REMAINS: Lender provided snips of emails and matrix but did not supply the full set of GL's that XXX LTV/CLTV max is XXX%. Provide a full copy of guidelines and matrices. Additional conditions may apply.

90210900741

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Origination Appraisal is Partial.; XX/XX/XXXX - XXX appraisals in file- XXX marked "PUD" and XXX not "PUD"; no PUD fee on appraisal marked "PUD" and no PUD fee amount; mortgage indicates PUD; lender to clarify type of property and if "PUD"- evidence of PUD fee.;

XX/XX/XXXX - PUD rider in file and appraisal updated to reflect. ; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Resolved; XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - PUD rider in file and appraisal updated to reflect. ; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.

90210900741

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - DTI exceeds GL and no exception form lender in file.;

XX/XX/XXXX - Included XXX paid in full on final CD. DTI is < XXX%; XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.

90210900759

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Missing VOM for the subject property. Guidelines XXX require a VOM reflecting all mortgage payments made due in the month prior to the note date. ;

XX/XX/XXXX - Lender provided copy of the VOM. Payments on time.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception resolved.; XX/XX/XXXX - Lender provided copy of the VOM. Payments on time.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

90210900793

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Lender to provide status for REO property known as XXX ; not on credit bureau- no mortgage rating; need VOM to show payments current and/or if new purchase Note and purchase CD, property profile to XXX PITIA.;

XX/XX/XXXX - Housing delinquency meets guidelines. Executed final CD p.XXX

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

90210900793

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: lender to provide clear final title removing the following liens: XXX items # XXX, XXX and assessment item $XXX. Paying off does not remove the liens. A Final title removing the items is acceptable.;

XX/XX/XXXX - Requirements of title insurance.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

90210900818

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - This loan failed the charges that cannot increase test. (XX CFR Â§XXX(e)(XXX)(i))The loan contains charges that exceed the good faith determination according to Â§XXX(e)(XXX)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to Â§XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under Â§XXX(e)(XXX)(i).

XX/XX/XXXX - Appraisal fee increased from total of $XXX to $XXX with no change of circumstance provided for change. ;

XX/XX/XXXX - Broker credited borrower for XXX appraisal on final CD.; XX/XX/XXXX - Change status of 'Charges That Cannot Increase Test' from Active to Open Rebuttal.;

XX/XX/XXXX - This loan passed the charges that cannot increase test. (XX CFR §XXX(e)(XXX)(i))The loan contains charges that do not exceed the good faith determination according to §XXX(e)(XXX)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).; XX/XX/XXXX - Change status of 'Charges That Cannot Increase Test' from Active to Open Rebuttal.; XX/XX/XXXX - Broker credited borrower for XXX appraisal on final CD.; XX/XX/XXXX - XX/XX/XXXX: Lender provided COC with LOE of Broker to cure the $XXX tolerance violation for the appraisal fee increase. EXCEPTION REMAINS. &#xXD;
&#xXD;
; XX/XX/XXXX - This loan failed the charges that cannot increase test. (XX CFR §XXX(e)(XXX)(i))The loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).; XX/XX/XXXX - This loan failed the charges that cannot increase test. (XX CFR §XXX(e)(XXX)(i))The loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures. An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).; XX/XX/XXXX - Appraisal fee increased from $XXX on the initial LE to $XXX on the final CD with no valid COC. Provide a copy of the PCCD with fee violation cure and copy of the check payable to the borrower.

90210900818

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date validation Test

XX/XX/XXXX - File is missing evidence of reimbursement of $XXX to borrower for fee increasing on appraisal that exceeds tolerance. Please provide evidence of reimbursement or COC as applicable for fee increase.;

XX/XX/XXXX - Broker credited borrower for XXX appraisal on final CD.; XX/XX/XXXX - Change status of 'Consummation or Reimbursement Date validation Test' from Active to Open Rebuttal.;

XX/XX/XXXX - This compliance test 'Consummation or Reimbursement Date validation Test' is no longer tested; XX/XX/XXXX - Change status of 'Consummation or Reimbursement Date validation Test' from Active to Open Rebuttal.; XX/XX/XXXX - Broker credited borrower for XXX appraisal on final CD.; XX/XX/XXXX - XX/XX/XXXX: Lender provided COC with LOE of Broker to cure the $XXX tolerance violation for the appraisal fee increase. EXCEPTION REMAINS. ; XX/XX/XXXX - This loan failed the closing or reimbursement date validation test.The loan failed XXX or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.; XX/XX/XXXX - Appraisal fee increased from $XXX on the initial LE to $XXX on the final CD with no valid COC. Provide a copy of the PCCD with fee violation cure and copy of the check payable to the borrower.

90210900818

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

XX/XX/XXXX - Appraisal fee increased from total of $XXX to $XXX with no change of circumstance provided for change. ;

XX/XX/XXXX - Broker credited borrower for XXX appraisal on final CD.; XX/XX/XXXX - Change status of 'Reimbursement Amount Test' from Active to Open Rebuttal.;

XX/XX/XXXX - This loan passed the reimbursement amount test. (XX CFR §XXX(f)(XXX)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $XXX, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §XXX(e)(XXX)(i) or (ii), the creditor complies with §XXX(e)(XXX)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §XXX(f)(XXX)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.; XX/XX/XXXX - Change status of 'Reimbursement Amount Test' from Active to Open Rebuttal.; XX/XX/XXXX - Broker credited borrower for XXX appraisal on final CD.; XX/XX/XXXX - XX/XX/XXXX: Lender provided COC with LOE of Broker to cure the $XXX tolerance violation for the appraisal fee increase. EXCEPTION REMAINS. ; XX/XX/XXXX - This loan failed the reimbursement amount test. (XX CFR §XXX(f)(XXX)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §XXX(e)(XXX)(i) or (ii), the creditor complies with §XXX(e)(XXX)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §XXX(f)(XXX)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.; XX/XX/XXXX - This loan failed the reimbursement amount test. (XX CFR §XXX(f)(XXX)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §XXX(e)(XXX)(i) or (ii), the creditor complies with §XXX(e)(XXX)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §XXX(f)(XXX)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.; XX/XX/XXXX - Appraisal fee increased from $XXX on the initial LE to $XXX on the final CD with no valid COC. Provide a copy of the PCCD with fee violation cure and copy of the check payable to the borrower.

90210900852

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Borrower's primary: currently rents- need XXX month current and satisfactory VOR for XXX;

XX/XX/XXXX - Lender provided VOR and cancelled checks/statements.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided VOR and cancelled checks/statements.

90210900882

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Underwriting FICO does not meet Guideline Minimum Required

XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX. Per XXX g/ls XXX FTHB minimum credit score required is XXX. pg XXX.;

XX/XX/XXXX - Underwriting FICO of XXX is greater than or equal to the minimum required guideline FICO of XXX.

90210900921

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Per GL subject property vested in LLC- GLS state must have personal guaranty from member, XXX, no personal guaranty in file.;

XX/XX/XXXX - Lender provided a copy of the XXX for the borrowers LLC.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided a copy of the XXX for the borrowers LLC.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved; XX/XX/XXXX - Lender provided a copy of the XXX for the borrowers LLC.; XX/XX/XXXX - EXCEPTION REMAINS. Lender Provided Articles of Organization, Personal Guaranty not provided. Per GL subject property vested in LLC- GLS state must have personal guaranty from member, XXX, no personal guaranty in file.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

90210900921

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Missing

XX/XX/XXXX - XXX in file for XXX and not subject property.;

XX/XX/XXXX - Lender provided XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Missing' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Final loan application is Present; XX/XX/XXXX - Lender provided XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Missing' from Active to Open Rebuttal.

90210900921

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. GL state subject property and primary must have a VOM showing current within last XXX months; current primary, XXX is in an LLC- no documents to tie the primary resident and borrower, XXX to primary LLC XXX. ;

XX/XX/XXXX - Exception Cleared, primary residence is rented. No documentation needed. ; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception resolved.; XX/XX/XXXX - Exception Cleared, primary residence is rented. No documentation needed. ; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

90211000045

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - Most recent bank statements in file dated XX/XX/XXXX and XX/XX/XXXX. Reserves do not meet the XXX months PITI as required per GL's for loan amounts larger than $XXXM.;

XX/XX/XXXX - Lender provided Account check for XXX accounts with sufficient assets for closing and reserves. Exception resolved.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

90211000068

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Condo Approval Missing

XX/XX/XXXX - Per Guidelines section XXX All loans secured by condominium projects require a completed HOA questionnaire.; XX/XX/XXXX - Condo approval indicator is Missing;

XX/XX/XXXX - Change status of 'Condo Approval Missing' from Active to Open Rebuttal.; XX/XX/XXXX - LOE in file GL's state if condos are detached no project review needed.;

XX/XX/XXXX - Exception Resolved; XX/XX/XXXX - Condo approval indicator is Present; XX/XX/XXXX - LOE in file GL's state if condos are detached no project review needed.; XX/XX/XXXX - Change status of 'Condo Approval Missing' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

90211000068

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

90211000091

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Missing VOR for current primary that is rented; bank statements do not shows rents and no VOR or check copies in file.; XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Housing history does not meet guidelines.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX months to XXX rental history.;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception resolved.; XX/XX/XXXX - Lender provided XXX months to XXX rental history.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

90211000195

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Credit Report is Missing

XX/XX/XXXX - Missing Borrower credit report;

XX/XX/XXXX - Change status of 'Borrower Credit Report is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided credit report.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower credit report received; XX/XX/XXXX - Lender provided credit report.; XX/XX/XXXX - Change status of 'Borrower Credit Report is Missing' from Active to Open Rebuttal.

90211000195

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Missing

XX/XX/XXXX - no credit bureau; need missing credit bureau from Lender to input liabilities.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided credit report.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Borrower liabilities verified indicator is Present.; XX/XX/XXXX - Lender provided credit report.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Missing' from Active to Open Rebuttal.

90211000195

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Missing credit report and mortgage ratings on primary and subject; current VOMS required with satisfactory mtg ratings.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided credit report.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing delinquency meets guidelines.; XX/XX/XXXX - Lender provided credit report.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

90211000213

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Origination Appraisal is Partial

XX/XX/XXXX - Origination Appraisal is Partial.; XX/XX/XXXX - Appraisal shows property in XXX- tax cert and prelim is XXX. Lender to provide updated appraisal with correct - XXX;

XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided corrected appraisal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Origination appraisal is Present.; XX/XX/XXXX - Lender provided corrected appraisal.; XX/XX/XXXX - Change status of 'Origination Appraisal is Partial' from Active to Open Rebuttal.

90211000338

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Cal. Fin. Code § 4973(k) - Consumer Caution and Home Ownership Counseling Notice Disclosure was not provided

XX/XX/XXXX - Consumer Caution and Home Ownership Counseling Notice Disclosure was provided; XX/XX/XXXX - Cal. Fin. Code § XXXX(k) - Consumer Caution and Home Ownership Counseling Notice Disclosure was not provided;

XX/XX/XXXX - Consumer Caution and Home Ownership Counseling Notice Disclosure was provided; XX/XX/XXXX - XXX. Fin. Code § XXXX(k) - Consumer Caution and Home Ownership Counseling Notice Disclosure was not provided

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

90211000350

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - Missing XXX bank statements from XXX XXXX through XXX XXXX; only statement in file is XX/XX/XXXX- all other XXX statements missing for XXX account # XXXX per lender bank calculation page XXX;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided bank statements.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The borrower income verification does match approval; XX/XX/XXXX - Lender provided bank statements.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

90211000410

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. XXX-month's rental history required, but only the most recent XXX months provided.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation with identifying information.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing delinquency meets guidelines. ; XX/XX/XXXX - Lender provided documentation with identifying information.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Exception Remains. Lender provided ledger showing how the borrower intended to pay rent in the amount of $XXX/month - the ledger does not have any identifying account numbers, names, and it doesn't show that a transaction and debit from account was made as scheduled. Please provided verification of housing history with required identifying information, as well as actual payments made for Rent.

90211000436

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The file does not contain copies of leases for rental income. ;

XX/XX/XXXX - The borrower income verification does match approval; XX/XX/XXXX - Exception resolved, Lender provided lease agreements.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

90211000436

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - The Underwriter used rental income to qualify. The File does not contain any evidence of rental payments made on the investment properties. ; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.;

XX/XX/XXXX - Exception resolved, Lender provided lease agreements.; XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.; XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

90211000464

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - XXX in file shows previous address as XXX and the credit report shows correct address as XXX ; verified through tax records XXX is correct address; lender to correct final XXX.; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Exception resolved, Lender provided corrected final XXX.

90211000498

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - No Third Party Valuation in file. There is no XXX in File; however, there is a XXX valuation on page XXX from XXX showing a value of XXX which supports the appraised value.; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided UCDP with CU score of XXX. ;

XX/XX/XXXX - Third Party Valuation Product Provided. Exception resolved; XX/XX/XXXX - Lender provided UCDP with CU score of XXX. ; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

90211000498

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

UCDP Summary Report is Missing

XX/XX/XXXX - Change severity of 'UCDP Summary Report is Missing' from Material to Non-Material.; XX/XX/XXXX - UCDP for XXX and XXX not found in file. File will require XXX party valuation since there is no CU score is file under XXX; XX/XX/XXXX - The SSR indicator is Missing;

XX/XX/XXXX - Change status of 'UCDP Summary Report is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided UCDP with CU score of XXX. ;

XX/XX/XXXX - Exception resolved; XX/XX/XXXX - The SSR indicator is Present; XX/XX/XXXX - Lender provided UCDP with CU score of XXX. ; XX/XX/XXXX - Change status of 'UCDP Summary Report is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Change severity of 'UCDP Summary Report is Missing' from Non-Material to Material.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

90211000541

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: liquid assets per GL and XXX% LTV require XXX months reserves- UW note on XXX indicates need exception for less than XXX months liquid assets- missing exception. Lender to provide exception for less than XXX months liquid assets for reserves.;

XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Acknowledged by Client.; XX/XX/XXXX - Lender provided approved exception. ; XX/XX/XXXX - Change severity of 'Asset Documents are Incomplete' from Material to Non-Material.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

90211000541

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Missing VOR from XXX, landlord; bank statements and or rent checks are not most recent XXX months per GL; missing XX/XX/XXXX, missing XXX, XXX and XXX rent verification.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

90211000678

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

CHARM Booklet is Missing

XX/XX/XXXX - The CHARM booklet is Missing;

XX/XX/XXXX - Change status of 'CHARM Booklet is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - XXX for business purpose loans;

XX/XX/XXXX - The CHARM booklet is Not Applicable; XX/XX/XXXX - NA for business purpose loans; XX/XX/XXXX - Change status of 'CHARM Booklet is Missing' from Active to Open Rebuttal.

90211000688

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Section XXX- Debt Service Coverage of the XXX NQM Guidelines dated XX/XX/XXXX state, "The Schedule of Real Estate Owned (REO) needs to be completed with all properties owned by the borrower." RealQuest Property Detail Report (page XXX) indicates Borrower purchased XXX, XXX on XX/XX/XXXX with mortgage loan in the amount of $XXX. Property is not listed on final XXX.; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Lender provided signed XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided signed XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains, Lender provided XXX with REO reflected however it is not the final XXX and no signatures are reflected on application.

90211000688

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third party valuation not required if CU or LCA Risk scores are XXX or less.; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Exception resolved, UCDP provided. CU = XXX.; XX/XX/XXXX - Third Party Valuation Product Provided

90211000688

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

UCDP Summary Report is Missing

XX/XX/XXXX - The SSR indicator is Missing;

XX/XX/XXXX - The SSR indicator is Present; XX/XX/XXXX - Exception resolved, UCDP provided.

90211000694

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - XXX (final) does not have correct years worked for XXX or XXX; lender to correct final XXX; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided corrected final XXX;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided corrected final XXX; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

90211000694

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Third Party Valuation Product Provided; XX/XX/XXXX - CU score in file on page XXX is XXX; there is no XXX party valuation in the file, but there are XXX appraisals in file.; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Third Party Valuation Product Provided; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

90211000694

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product Not Provided and CU Score is Greater Than XXX

XX/XX/XXXX - XXX (XXX) appraisals both valued at $XXX; ;

XX/XX/XXXX - Exception invalid. XXX appraisal reports from XXX separate appraisers included in file; XX/XX/XXXX - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than XXX' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception resolved; XX/XX/XXXX - Third Party Valuation Product Provided.; XX/XX/XXXX - Exception invalid. XXX appraisal reports from XXX separate appraisers included in file; XX/XX/XXXX - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than XXX' from Active to Open Rebuttal.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

90211000694

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product not Provided.

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.; XX/XX/XXXX - Third Party Valuation Product Provided;

XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.; XX/XX/XXXX - Third Party Valuation Product Provided

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

90211000704

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - CCA provided and value cleared.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - Third Party Valuation Product Provided; XX/XX/XXXX - EXCEPTION REMAINS: Per the lender guidelines the property valuation needs to be completed by a independent XXX party. Lender provided lender desk review.; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - CCA provided and value cleared.;

XX/XX/XXXX - Third Party Valuation Product Provided; XX/XX/XXXX - CCA provided and value cleared.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - EXCEPTION REMAINS: Per the lender guidelines the property valuation needs to be completed by a independent XXX party. Lender provided lender desk review.; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.

90211000706

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

Evidence of Rate Lock Not Provided

XX/XX/XXXX - Evidence of Rate Lock Not Provided. Loan Detail Report not provided.;

XX/XX/XXXX - Rate lock XX/XX/XXXX. Exception resolved.; XX/XX/XXXX - Evidence of Rate Lock Provided

90211000706

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - CCA with excepted value provided.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - Third Party Valuation Product Provided; XX/XX/XXXX - EXCEPTION REMAINS: Per the lender guidelines the property valuation needs to be completed by a independent XXX party. Lender provided lender desk review.; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - CCA with excepted value provided.;

XX/XX/XXXX - Third Party Valuation Product Provided; XX/XX/XXXX - CCA with excepted value provided.; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.; XX/XX/XXXX - EXCEPTION REMAINS: Per the lender guidelines the property valuation needs to be completed by a independent XXX party. Lender provided lender desk review.; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.

90211000761

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. The loan file contains a VOM on the credit report for the borrower's last residence, sold in XX/XX/XXXX. The borrower states in an LOX that his current residence is his business address and there is no rent due. Lender guidelines require that if the borrower is living rent free past XXX months from the sale of his last residence, the subject loan DTI must be XXX% and Max LTV is XXX%. Please provide required VOR or exception for LTV to XXX%.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided rebuttal documentation.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing delinquency meets guidelines. Complete XXX month housing history within the last XXX months verified.; XX/XX/XXXX - Lender provided rebuttal documentation.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX.

90211000871

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: Lender to provide final title policy to ensure FCI XXX lien either removed and or paid off, as not listed on PCCD CD to be paid off; FCI XXX lien recorded XX/XX/XXXX IAO $XXX.;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Final Title Policy.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided Final Title Policy with FCI XXX Lien removed.; XX/XX/XXXX - Lender provided Final Title Policy.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

90211000932

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

DSCR is less than guideline minimum

XX/XX/XXXX - Market rents $XXX per appraisal- calculated DSCR <XXX at XXX; GL calls for >XXX%; no exception found.;

XX/XX/XXXX - Change status of 'DSCR is less than guideline minimum' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided documentation.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Qualifying DSCR of XXX meets guideline requirement. Experienced Investor can have DSCR ratio > XXX.; XX/XX/XXXX - Lender provided documentation.; XX/XX/XXXX - Change status of 'DSCR is less than guideline minimum' from Active to Open Rebuttal.

90211100024

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient

XX/XX/XXXX - Hazard insurance coverage is XXX, the subject loan amount is XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

90211100059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Home loan Toolkit is Missing

XX/XX/XXXX - The home loan toolkit is Missing;

XX/XX/XXXX - Exception invalid; XX/XX/XXXX - The home loan toolkit received.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

90211100059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Notice of Special Flood Hazards is Missing

XX/XX/XXXX - The notice of special flood hazards is Missing;

XX/XX/XXXX - Subject not in flood zone. Exception resolved.; XX/XX/XXXX - The notice of special flood hazards is Present

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

90211100059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TILA Finance Charge Test

XX/XX/XXXX - This loan failed the TILA finance charge test.( XXX CFR Â§XXXXX(o)(X) )The finance charge is $XXX. The disclosed finance charge of $XXX is not considered accurate because it is understated by more than $XXX.

XX/XX/XXXX - Exception resolved, see other resolved condition for details

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

90211100059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TILA Rescission Finance Charge Test

XX/XX/XXXX - This loan failed the TILA rescission finance charge test.( XXX CFR Â§XXXXX(g)(X) , transferred from XXX CFR Â§XXXX(g)(X) ) The finance charge is $XXX. The disclosed finance charge of $XXX is not considered accurate for purposes of rescission because it is understated by more than XXX/XXX of XXX percent of the face amount of the note or $XXX, whichever is greater.

XX/XX/XXXX - Exception resolved, see other resolved condition for details

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

90211100163

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Housing history does not meet guidelines. Missing VOR from XXX XXX. Per lease agreement in file, the borrower has rented since XX/XX/XX.. ;

XX/XX/XXXX - Lender provided Proof of Rents paid and deposit.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Housing delinquency meets guidelines. Lender provided proof of deposit and rents paid in XX/XX/XXXX and XX/XX/XXXX.; XX/XX/XXXX - Lender provided Proof of Rents paid and deposit.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

90211100451

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient

XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. The subject loan amount is XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.;

XX/XX/XXXX - Cleared; XX/XX/XXXX - Hazard insurance coverage is XXX, the subject loan amount is XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

90211100650

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete: per page XXX- XXX acct # XXX- large incoming wire IAO $XXX not sourced; lender to provide source details for review.;

XX/XX/XXXX - DSCR loan, exception resolved.; XX/XX/XXXX - Exception resolved, DSCR loan.

90280119476

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Housing history does not meet guidelines

XX/XX/XXXX - Approved lender exception in the loan file, pgs XXX & XXX.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Housing history does not meet guidelines' from Material to Non-Material.; XX/XX/XXXX - Housing history does not meet guidelines. Guidelines require a XXX month mortgage reporting on credit. An exception was granted. ;

90320117432

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Missing Federal Tax IF information for LLC_ XXX;

XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided EIN from an email from borrower, was located in origination file. QC performed an EIN look-up and the borrower's LLC is active and dates match docs in file.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided EIN from an email from borrower, was located in origination file. QC performed an EIN look-up and the borrower's LLC is active and dates match docs in file.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

91100119146

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Asset Documents are Incomplete:; XX/XX/XXXX - X) XXX online transaction history (page XXX) does not provide account holder name as required by the Asset Documentation section of the XXX. NonQM Flex Guidelines dated XX/XX/XXXX (page XXX).
X) Provide written explanation of the source of funds for the large deposit of $XXX on XX/XX/XXXX. Deposit is from employer; however, it is much larger than deposit pattern. ;

XX/XX/XXXX - Both cleared. X) Account holder names reflected on first page (pg XXX) of statement. Additional month provided as trailing doc. X) Lender provided a paystub to support the large deposit was bonus (paid XX/XX/XX); matches bank statement (pg XXX).; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Both cleared. X) Account holder names reflected on first page (pg XXX) of statement. Additional month (XX/XX/XXXX) provided as trailing doc. X) Lender provided a paystub to support the large deposit was bonus (paid XX/XX/XX); matches bank statement (pg XXX).; XX/XX/XXXX - Change status of 'Asset Documents are Incomplete' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

91100119146

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

ATR/QM Status is Pending

XX/XX/XXXX - ATR/QM Status is pending due to open exceptions related to income, employment and assets.
;

XX/XX/XXXX - NQM

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

91100119146

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Verbal Verification of Employment completed within XXX business days of closing not provided for Borrower, XXX.;

XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided The Work Number VOE for both borrowers, dated (XX/XX/XX) within XXX business days of closing.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided The Work Number VOE for both borrowers, dated (XX/XX/XX) within XXX business days of closing.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

91100119146

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - Provide pay stub(s) covering the most recent XXX-day period providing year-to-date earnings and XXX s for XXX. The Full Documentation section of the XXX. NonQM Flex Guidelines dated XX/XX/XXXX require the following documents for wage-earners: s for the most recent XXX years, pay stub(s) covering the most recent XXX-day period providing year-to-date earnings, and signed and executed XXX ( transcripts only). WorkNumber was provided; however, there is a separate section in the guidelines which discusses Written Verification of Employment as an Alt Doc type (page XXX). Conditional Approval (page XXX) indicates doc type is Full Doc. Pay stub dated XX/XX/XXXX in file does not cover the most recent XXX-day period.;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided XXX and paystubs for the borrower. ;

XX/XX/XXXX - The borrower income verification does match approval. EXCEPTION RESOLVED; XX/XX/XXXX - Lender provided XXX and paystubs for the borrower. ; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided additional paystub for XXX, full XXX days now verified. Paystub issue cleared for XXX.&#xXD;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

91100119146

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Borrower Transcripts are missing

XX/XX/XXXX - Provide transcripts for XXXas required by the Full Documentation, Wage-Earners section of the. NonQM Flex Guidelines dated XX/XX/XXXX (page XXX).; XX/XX/XXXX - The borrower transcripts is Missing;

XX/XX/XXXX - Change severity of 'Borrower Transcripts are missing' from Material to Non-Material.; XX/XX/XXXX - XXX client exception and approval to downgrade the missing transcripts (XXX in file). ; XX/XX/XXXX - Change status of 'Borrower Transcripts are missing' from Active to Acknowledged by Client.; XX/XX/XXXX - EXCEPTION REMAINS: Provide transcripts for XXXas required by the Full Documentation, Wage-Earners section of the. NonQM Flex Guidelines dated XX/XX/XXXX (page XXX).; XX/XX/XXXX - Need XXX for XXX. Final paystub for XXX does not meet guideline requirement.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

91100119146

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

CoBorrower Employment Verification does not meet guidelines

XX/XX/XXXX - Verbal Verification of Employment completed within XXX business days of closing not provided for Borrower, XXX.;

XX/XX/XXXX - Change status of 'CoBorrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided The Work Number VOE for both borrowers, dated (XX/XX/XX) within XXX business days of closing.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Change status of 'CoBorrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided The Work Number VOE for both borrowers, dated (XX/XX/XX) within XXX business days of closing.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

91100119146

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

CoBorrower Income Verification does not match Approval

XX/XX/XXXX - Provide pay stub(s) covering the most recent XXX-day period providing year-to-date earnings and XXX (s) for XXX. The Full Documentation section of the XXX. NonQM Flex Guidelines dated XX/XX/XXXX require the following documents for wage-earners: s for the most recent XXX years, pay stub(s) covering the most recent XXX-day period providing year-to-date earnings, and signed and executed XXX ( transcripts only). WorkNumber was provided; however, there is a separate section in the guidelines which discusses Written Verification of Employment as an Alt Doc type (page XXX). Conditional Approval (page XXX) indicates doc type is Full Doc.;

XX/XX/XXXX - Change status of 'CoBorrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of paystub and XXX WX for the coborrower. ;

XX/XX/XXXX - The coborrower income verification does match approval. EXCEPTION RESOLVED.; XX/XX/XXXX - Change status of 'CoBorrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of paystub and XXX WX for the coborrower. ; XX/XX/XXXX - Only XXX bi-weekly paystub provided for XXX, need most recent XXX day period.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

91100119146

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

CoBorrower Transcripts is Missing

XX/XX/XXXX - The coborrower Transcripts is Missing; XX/XX/XXXX - Provide transcripts for XXX as required by the Full Documentation, Wage-Earners section of the. NonQM Flex Guidelines dated XX/XX/XXXX (page XXX).;

XX/XX/XXXX - Change severity of 'CoBorrower Transcripts is Missing' from Material to Non-Material.; XX/XX/XXXX - Change status of 'CoBorrower Transcripts is Missing' from Active to Acknowledged by Client.; XX/XX/XXXX - XXX client exception and approval to downgrade the missing transcripts (XXX in file). ; XX/XX/XXXX - EXCEPTION REMAINS: Provide transcripts for XXX as required by the Full Documentation, Wage-Earners section of the. NonQM Flex Guidelines dated XX/XX/XXXX (page XXX).; XX/XX/XXXX - Need XXX for XXX.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

91100119146

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - The Mortgage and Rental Payment Verification section of the. Non-QM Flex Guidelines dated XX/XX/XXXX states, "Mortgage and rental payments not reflected on the original credit report must be documented via an institutional Verification of Rent or Verification of Mortgage (VOR/VOM)." Provide VOR to XXX XXX month housing payment history. XXX transaction histories (pages XXX) showing payments to XXX does not meet guideline requirements. April XXX payment not reflected on transaction histories. XXX transaction history for payment of $XXX does not XXX who was paid. Final XXX lists XXX addresses in the last XXX months; provide history for both. Also provide copy of lease agreement for XXX to XXX end date. ; XX/XX/XXXX - Housing history does not meet guidelines.;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception Resolved.; XX/XX/XXXX - Lender provided more complete bank statement for proof of April XXX rent payment to XXX. XXX months verified. The XXX payment (pg XXX) is a check and is less than previous ACH rent payments. Ok as borrower would be leaving primary in due to purchase of Subject and rent would be prorated.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

91100119146

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TILA Finance Charge Test

XX/XX/XXXX - This loan failed the TILA finance charge test.( XXX CFR Â§XXX(o)(XXX) )The finance charge is $XXXX. The disclosed finance charge of $XXX is not considered accurate because it is understated by more than $XXX.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

91100119146

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Underwriting FICO does not meet Guideline Minimum Required

XX/XX/XXXX - Lender exception (page XXX) granted for FICO of XXX with required FICO of XXX. ; XX/XX/XXXX - Change severity of 'Underwriting FICO does not meet Guideline Minimum Required' from Material to Non-Material.; XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX.;

XX/XX/XXXX - Lender exception (page XXX) granted for FICO of XXX with required FICO of XXX. ; XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX.; ; XX/XX/XXXX - Change status of 'Underwriting FICO does not meet Guideline Minimum Required' from Active to Acknowledged by Client.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Borrower has stable job time - Borrower has XXX years at job.

92010109500

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - This loan failed the charges that cannot increase test. (XX CFR Â§XXX(e)(XXX)(i))The loan contains charges that exceed the good faith determination according to Â§XXX(e)(XXX)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to Â§XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under Â§XXX(e)(XXX)(i).

XX/XX/XXXX - Discount points added but no corresponding COC/LE/CD. ;

92010109500

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date validation Test

XX/XX/XXXX - Discount points added and no valid COC and CD to disclose within XXX days of the loan consummation. ;

XX/XX/XXXX - This compliance test 'Consummation or Reimbursement Date validation Test' is no longer tested; XX/XX/XXXX - This loan failed the closing or reimbursement date validation test.The loan failed XXX or more tolerance tests and did not provide either a reimbursement date or a consummation date (or closing / settlement date, if consummation date is not available). This information is necessary in order to correctly perform reimbursement calculations.

92010109500

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Final XXX not signed/dated by Originator.;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception cleared;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Exception cleared; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

92010109500

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

High-Cost Mortgage Financing of Points and Fees Test

XX/XX/XXXX - This loan failed the high-cost mortgage financing of points and fees test. ( XXX CFR Â§XXX(a)(XX) )The loan finances, directly or indirectly, any points and fees, as defined in the legislation.A creditor that extends credit under a high-cost mortgage may not finance charges that are required to be included in the calculation of points and fees, as that term is defined in Â§XXX(b)(XXX) and (XXX). Credit insurance premiums or debt cancellation or suspension fees that are required to be included in points and fees under Â§XXX(b)(XXX)(iv) or (XXX)(iv) shall not be considered financed by the creditor when they are calculated and paid in full on a monthly basis.

92010109500

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

High-Cost Mortgage Late Fee Test

XX/XX/XXXX - This loan failed the high-cost mortgage late charges test for XXX of the following reasons: ( XXX CFR Â§XXX(a)(XXX)(i) )The loan provides for a late payment fee in excess of XXX% of the amount of the payment past due; orA value for the late charges amount was not provided.Any late payment charge imposed in connection with a high-cost mortgage must be specifically permitted by the terms of the loan contract or open-end credit agreement and may not exceed XXX percent of the amount of the payment past due. No such charge may be imposed more than once for a single late payment.

92010109500

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

High-Cost Mortgage Points and Fees Threshold Test

XX/XX/XXXX - This loan failed the high-cost mortgage points and fees threshold test due to XXX of the following findings: ( XXX CFR Â§XXX(a)(XXX)(ii)(A), (B) )The loan amount is $XXX or more, and the transaction's total points and fees is $XXX, which exceeds XXX percent of the total loan amount of $XXX; orThe loan amount is less than $XXX and the transaction's total points and fees is $XXX, which exceeds the lesser of XXX percent of the total loan amount of $XXX or $XXX.

92010109500

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

High-Cost Mortgage Pre-Loan Counseling Date Test

XX/XX/XXXX - This loan failed the high-cost mortgage pre-loan counseling date test due to XXX of the following findings: (XX CFR Â§XXX(a)(XXX)(i), (ii))The loan is a XXX RESPA loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the good faith estimate or the disclosures required by XXX CFR Â§XXX; or The loan is a XXX TRID loan and the High-Cost Mortgage Pre-Loan Counseling Date indicates the creditor did not receive written certification that the consumer has obtained counseling on the advisability of the mortgage after the consumer received either the initial loan estimate or the disclosures required by XXX CFR Â§XXX; or The High-Cost Mortgage Pre-Loan Counseling Date was not provided; orThe High-Cost Mortgage Pre-Loan Counseling Date is on or after the closing date or estimated closing date.Certification of counseling required. A creditor shall not extend a high-cost mortgage to a consumer unless the creditor receives written certification that the consumer has obtained counseling on the advisability of the mortgage from a counselor that is approved to provide such counseling by the Secretary of the U.S. Department of Housing and Urban Development or, if permitted by the Secretary, by a State housing finance authority.(ii) Timing of counseling. The counseling required under this paragraph (a)(XXX) must occur after:(A) The consumer receives either the disclosure required by section X(c) of the Real Estate Settlement Procedures Act of XXX (XX U.S.C. XXX(c)) or the disclosures required by Â§XXX; or(B) The consumer receives the disclosures required by Â§XXX(c), for transactions in which neither of the disclosures listed in (A) are provided.

92010109500

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

High-Cost Mortgage Timing of Disclosure Test

XX/XX/XXXX - This loan failed the high-cost mortgage timing of disclosure test due to XXX of the following findings: ( XXX CFR Â§XXX(c) )The High-Cost Mortgage Disclosure Date indicates the creditor did not furnish the disclosure required by XXX CFR Â§XXX at least XXX business days prior to the consummation or account opening of a high-cost mortgage; orThe High-Cost Mortgage Disclosure Date was not provided; orNeither the consummation date nor the closing date was provided.

92010109500

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Lender Credits That Cannot Decrease Test

XX/XX/XXXX - This loan failed the lender credits that cannot decrease test. ( XXX CFR Â§XXX(e)(XXX)(i) )The loan contains charges that exceed the good faith determination according to Â§XXX(e)(XXX)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to Â§XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under Â§XXX(e)(XXX)(i).

XX/XX/XXXX - Lender provided COC (XX/XX/XX) for Discount fee added due to Rate Lock. Input into corresponding CD.;

XX/XX/XXXX - This loan passed the lender credits that cannot decrease test. ( XXX CFR §XXX(e)(XXX)(i) )The loan contains lender credits that do not exceed the good faith determination according to §XXX(e)(XXX)(i). The final sum of specific and non-specific lender credits ($XXX) exceeds or equals the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).; XX/XX/XXXX - This loan failed the lender credits that cannot decrease test. ( XXX CFR §XXX(e)(XXX)(i) )The loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).; XX/XX/XXXX - This loan failed the lender credits that cannot decrease test. ( XXX CFR §XXX(e)(XXX)(i) )The loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i). The final sum of specific and non-specific lender credits ($XXX) does not exceed or equal the comparable sum of specific and non-specific lender credits ($XXX). Please see the table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).

92010109500

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

XX/XX/XXXX - Discount points added and no valid COC and CD to disclose within XXX days of the loan consummation. ;

XX/XX/XXXX - This loan passed the reimbursement amount test. (XX CFR §XXX(f)(XXX)(v))Amounts paid by the consumer exceed the permitted tolerances. However, the provided reimbursement amount of $XXX, is sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §XXX(e)(XXX)(i) or (ii), the creditor complies with §XXX(e)(XXX)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §XXX(f)(XXX)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.; XX/XX/XXXX - This loan failed the reimbursement amount test. (XX CFR §XXX(f)(XXX)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §XXX(e)(XXX)(i) or (ii), the creditor complies with §XXX(e)(XXX)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §XXX(f)(XXX)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.; XX/XX/XXXX - This loan failed the reimbursement amount test. (XX CFR §XXX(f)(XXX)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §XXX(e)(XXX)(i) or (ii), the creditor complies with §XXX(e)(XXX)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §XXX(f)(XXX)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.; XX/XX/XXXX - This loan failed the reimbursement amount test. (XX CFR §XXX(f)(XXX)(v))Amounts paid by the consumer exceed the permitted tolerances and the provided reimbursement amount of $XXX, is not sufficient to reimburse the consumer the amount by which the tolerances were exceeded, $XXX.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under §XXX(e)(XXX)(i) or (ii), the creditor complies with §XXX(e)(XXX)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with §XXX(f)(XXX)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.

92010110276

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Per GLs business must be verified within XXX days of the Note date, Note dated XXX, XXX; CPA letter dated XX/XX/XXXX and XXX Corp verification dated XX/XX/XXXX- both outside the XXX days of the Note date.;

XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided current (XX/XX/XX) Business Entity report, from state, supporting business still active.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided current (XX/XX/XX) Business Entity report, from state, supporting business still active.; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010110276

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial- only XXX tradeline- per GL XXX- must have XXX scores and XXX open and reporting XXX month tradelines; XXX only open and active tradeline.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - CLEARED. Borrower has XXX credit scores, minimum tradeline requirement waived. Pg XXX of Non-QM Guides and XXX Matrices.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - CLEARED. Borrower has XXX credit scores, minimum tradeline requirement waived. Pg XXX of Non-QM Guides and XXX Matrices.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010110276

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - This loan failed the charges that cannot increase test. (XX CFR Â§XXX(e)(XXX)(i))The loan contains charges that exceed the good faith determination according to Â§XXX(e)(XXX)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to Â§XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under Â§XXX(e)(XXX)(i).

XX/XX/XXXX - CD dated XX/XX/XXXX shows section A fees paid by borrower; previous CDS listed as lender paid; Seller concessions IAO $XXX per contract. Seller credits IAO $XXX not itemized.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010110276

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date validation Test

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010110276

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure

XX/XX/XXXX - Change severity of 'Original PI Payment on Note does not equal PI Payment on Final Closing Disclosure' from Material to Non-Material.;

XX/XX/XXXX - Original PI Payment on Note matches Final CD

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010110276

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010110276

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TILA Finance Charge Test

XX/XX/XXXX - This loan passed the TILA finance charge test.( XXX CFR Â§XXX(o)(XXX) )The finance charge is $XXXX. The disclosed finance charge of $XXX is considered accurate because:It is understated by no more than $XXX; orIt is greater than the amount required to be disclosed.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010117796

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - This loan failed the charges that cannot increase test. (XX CFR Â§XXX(e)(XXX)(i))The loan contains charges that exceed the good faith determination according to Â§XXX(e)(XXX)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to Â§XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under Â§XXX(e)(XXX)(i).

XX/XX/XXXX - Missing initial LE dated within XXX days of initial application date of XX/XX/XXXX.;

XX/XX/XXXX - This loan passed the charges that cannot increase test. (XX CFR §XXX(e)(XXX)(i))The loan contains charges that do not exceed the good faith determination according to §XXX(e)(XXX)(i).Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).; XX/XX/XXXX - This loan failed the charges that cannot increase test. (XX CFR §XXX(e)(XXX)(i))The loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).; XX/XX/XXXX - This loan failed the charges that cannot increase test. (XX CFR §XXX(e)(XXX)(i))The loan contains charges that exceed the good faith determination according to §XXX(e)(XXX)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to §XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under §XXX(e)(XXX)(i).

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

92010117796

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That In Total Cannot Increase More Than 10% Test

XX/XX/XXXX - This loan failed the charges that in total cannot increase more than XXX% test. (XX CFR Â§XXX(e)(XXX)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to Â§XXX(e)(XXX)(ii). The final charges that in total cannot increase more than XXX% ($XXX) exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under Â§XXX(e)(XXX)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with Â§XXX(e)(XXX)(vi).

XX/XX/XXXX - Missing initial LE dated within XXX days of initial application date of XX/XX/XXXX.;

XX/XX/XXXX - This loan passed the charges that in total cannot increase more than XXX% test. (XX CFR §XXX(e)(XXX)(ii))The loan contains third-party services that the consumer was permitted to shop for and the charges were in good faith according to §XXX(e)(XXX)(ii). The final charges that in total cannot increase more than XXX% ($XXX) do not exceed the comparable charges ($XXX) by more than XXX%. Please see the table that displays the Charges That Cannot Increase More Than XXX% for a comparison of the data between the provided disclosures.An estimate of a charge for a third-party service or a recording fee is in good faith if:(A) The aggregate amount of charges for third-party services and recording fees paid by or imposed on the consumer does not exceed the aggregate amount of such charges disclosed under §XXX(e)(XXX)(i) by more than XXX percent;(B) The charge for the third-party service is not paid to the creditor or an affiliate of the creditor; and(C) The creditor permits the consumer to shop for the third-party service, consistent with §XXX(e)(XXX)(vi).

92010117796

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date validation Test

92010117796

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Initial Loan Estimate Delivery Date Test (from application)

XX/XX/XXXX - This loan failed the initial loan estimate delivery date test (from application) due to XXX of the following: ( XXX CFR Â§XXX(e)(XXX)(iii)(A) )The initial loan estimate delivery date is later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.Therefore, if additional disclosures are entered into XXX, any values that would change under a valid changed circumstance if the initial loan estimate had been delivered timely, will not reset the baseline for tolerance purposes. The comparable fees for this loan will be $X, regardless of the actual values on the disclosure.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in Â§XXX(a)(XXX) and as it relates to Â§XXX(e)(XXX)(iii)(A) (initial loan estimate disclosure XXX business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, XXX calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict.The creditor shall deliver or place in the mail the disclosures required under Â§XXX(e)(XXX)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

XX/XX/XXXX - Missing initial LE dated within XXX days of initial application date of XX/XX/XXXX.;

XX/XX/XXXX - Lender provided Initial LE (XX/XX/XXX). Input in Doc Inventory and added in LE/CD Section.; XX/XX/XXXX - This loan passed the initial loan estimate delivery date test (from application).( XXX CFR §XXX(e)(XXX)(iii)(A) )The initial loan estimate delivery date is not later than the third business day (counting days on which the creditor's offices are open to the public for carrying on substantially all of its business functions) after the creditor or broker receives the consumer's written application.This calculation takes into account a user-submitted designation of the days that the creditor's office will be deemed to be open or not open for carrying on substantially all of its business functions, as described in §XXX(a)(XXX) and as it relates to §XXX(e)(XXX)(iii)(A) (initial loan estimate disclosure XXX business days after application). This test excluded the following days from the business day count based on the client preferences configured on the company settings business days profile page:As not being open on SundayPLEASE NOTE: If a conflict results from the client preferences configured on the company settings business days profile page such that a day is marked as both open and closed, XXX calculations will presume the company's offices are closed to the public for carrying on substantially all of its business functions. If this is not the appropriate result, you must revise your settings to remove the conflict. The creditor shall deliver or place in the mail the disclosures required under §XXX(e)(XXX)(i) (provision of loan estimate form) not later than the third business day after the creditor receives the consumer's application.

92010117796

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

92010117796

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Revised Closing Disclosure Delivery Date Test (Waiting Period Required) Test

XX/XX/XXXX - This loan failed the revised closing disclosure delivery date test (waiting period required).( XXX CFR Â§XXX(f)(XXX)(ii) )The revised closing disclosure delivery requires a new waiting period andThe revised closing disclosure delivery date is provided and the revised closing disclosure method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised closing disclosure delivery date is less than six business days (counting all calendar days except Sunday and specified legal public hollidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised closing disclosure delivery date is less than XXX business days (counting all calendar days except Sunday and specified legal public hollidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised closing disclosure receipt date is provided and the revised closing disclosure receipt date is less than XXX business days (counting all calendar days except Sunday and specified legal public hollidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction.Changes before consummation requiring a new waiting period. If XXX of the following disclosures provided under Â§XXX(f)(XXX)(i) becomes inaccurate in the following manner before consummation, the creditor shall ensure that the consumer receives corrected disclosures containing all changed terms in accordance with the requirements of Â§XXX(f)(XXX)(ii)(A):(A) The annual percentage rate disclosed under Â§XXX(o)(XXX) becomes inaccurate, as defined in Â§XXX.(B) The loan product is changed, causing the information disclosed under Â§XXX(a)(XXX)(iii) to become inaccurate.(C) A prepayment penalty is added, causing the statement regarding a prepayment penalty required under Â§XXX(b) to become inaccurate.The creditor shall ensure that the consumer receives the disclosures required under Â§XXX(f)(XXX)(i) no later than XXX business days before consummation.

92010117796

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Lender exception granted for CLTV > XXX%, subject XXX% CLTV, pg XXX.; XX/XX/XXXX - Change severity of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Underwriting CLTV of XXX is greater than the maximum allowable guideline CLTV of XXX.; XX/XX/XXXX - Exception in file for LTV exceeding guidelines on page XXX;

92010117796

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Change severity of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Lender exception granted for LTV > XXX%, subject XXX% LTV, pg XXX.; XX/XX/XXXX - Exception in file for LTV exceeding guidelines on page XXX; XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX based on a loan amount of XXX and value used for LTV of XXX.;

92010117867

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - This loan failed the charges that cannot increase test. (XX CFR Â§XXX(e)(XXX)(i))The loan contains charges that exceed the good faith determination according to Â§XXX(e)(XXX)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to Â§XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under Â§XXX(e)(XXX)(i).

XX/XX/XXXX - State Tax Stamps/Transfer Taxes increased by $XXX on Final CD dated XX/XX/XXXX without applicable change of circumstance from previous revised CD. Tolerance cure of $XXX.;

Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

92010117867

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Consummation or Reimbursement Date validation Test

92010117867

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Post-Consummation Cure Reimbursement and Revised Closing Disclosure Delivery Date Test

XX/XX/XXXX - This loan failed the post-consummation cure reimbursement and revised closing disclosure delivery date test. ( XXX CFR Â§XXX(f)(XXX)(v) )The post-consummation reason for redisclosure is "post-consummation cure for violation of tolerance/variation" or:The post-consummation revised closing disclosure delivery date is more than XXX calendar days after the consummation date, or closing / settlement date if no consummation date was provided; orThe provided reimbursement date is more than XXX calendar days after the consummation date, or closing / settlement date if no consummation date was provided.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under Â§XXX(e)(XXX)(i) or (ii), the creditor complies with Â§XXX(e)(XXX)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation, and the creditor complies with Â§XXX(f)(XXX)(i) if the creditor delivers or places in the mail corrected disclosures that reflect such refund no later than XXX days after consummation.

92010117867

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Amount Test

XX/XX/XXXX - State Tax Stamps/Transfer Taxes increased by $XXX on Final CD dated XX/XX/XXXX without applicable change of circumstance from previous revised CD. Tolerance cure of $XXX.;

92010117867

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Reimbursement Date Test

XX/XX/XXXX - This loan failed the reimbursement date test. (XX CFR Â§XXX(f)(XXX)(v))The reimbursement date is more than XXX calendar days after the consummation date, or closing / settlement date if no consummation date was provided.Refunds related to the good faith analysis. If amounts paid by the consumer exceed the amounts specified under Â§XXX(e)(XXX)(i) or (ii), the creditor complies with Â§XXX(e)(XXX)(i) if the creditor refunds the excess to the consumer no later than XXX days after consummation.

92010118170

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing.;

XX/XX/XXXX - Exception granted by client; XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Fraud Report Missing' from Material to Non-Material.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

92010118537

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Charges That Cannot Increase Test

XX/XX/XXXX - This loan failed the charges that cannot increase test. (XX CFR Â§XXX(e)(XXX)(i))The loan contains charges that exceed the good faith determination according to Â§XXX(e)(XXX)(i).XXX or more of the final charges exceed the comparable amount. Your total tolerance violation is $XXX.Please see the Tolerance Comparison Table that displays the Charges That Cannot Increase for a comparison of the data between the provided disclosures.An estimated closing cost disclosed pursuant to Â§XXX(e) is in good faith if the charge paid by or imposed on the consumer does not exceed the amount originally disclosed under Â§XXX(e)(XXX)(i).

XX/XX/XXXX - Missing valid COC's for the discount points charged on the CD's dated XX/XX/XXXX and XX/XX/XXXX.;

92010118537

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Originator did not sign/date the final XXX.; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Exception NA; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.

92010118537

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Flood Certificate is Partial

XX/XX/XXXX - Flood certificate is incomplete. Missing NFIP Panel Number and Effective Date.;

XX/XX/XXXX - Flood certificate is received

92010118537

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Residual income does not meet guidelines.

XX/XX/XXXX - Change severity of 'Residual income does not meet guidelines.' from Material to Non-Material.; XX/XX/XXXX - Approved Lender Exception in file (pg XXX) for residual income.; XX/XX/XXXX - Change status of 'Residual income does not meet guidelines.' from Active to Acknowledged by Client.; XX/XX/XXXX - Residual income of XXX does not meet minimum guidelines.;

92010118537

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Revised Loan Estimate Delivery Date Test (prior to consummation)

XX/XX/XXXX - This loan failed the revised loan estimate delivery date test (prior to consummation) due to XXX of the following findings: ( XXX CFR Â§XXX(e)(XXX)(ii) )The revised loan estimate delivery date is provided and the revised loan estimate method of delivery is marked as either:"USPS First Class Mail" or "Electronic Delivery" or blank, and the revised loan estimate delivery date is less than seven business days (counting all calendar days except Sunday and specified legal public hollidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; or"In Person" and the revised loan estimate delivery date is less than XXX business days (counting all calendar days except Sunday and specified legal public hollidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate receipt date is provided and the revised loan estimate receipt date is less than XXX business days (counting all calendar days except Sunday and specified legal public hollidays) before the consummation date, or closing / settlement date if no consummation date is provided, of the transaction; orThe revised loan estimate delivery date is on or after the initial closing disclosure delivery date.The creditor shall not provide a revised version of the disclosures required under Â§XXX(e)(XXX)(i) on or after the date on which the creditor provides the disclosures required under Â§XXX(f)(XXX)(i). The consumer must receive a revised version of the disclosures required under Â§XXX(e)(XXX)(i) not later than XXX business days prior to consummation. If the revised version of the disclosures required Â§XXX(e)(XXX)(i) is not provided to the consumer in person, the consumer is considered to have received such version XXX business days after the creditor delivers or places such version in the mail.

92010118537

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TILA Finance Charge Test

92010118537

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Original CLTV of XXX adheres to the guideline maximum CLTV of XXX.; XX/XX/XXXX - Underwriting CLTV of XXX is greater than the maximum allowable guideline CLTV of XXX.; XX/XX/XXXX - Change severity of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Approved Lender Exception in file (pg XXX) for LTV to XXX% for rural property.;

92010118537

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX based on a loan amount of XXX and value used for LTV of XXX.; XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX based on a loan amount of XXX and value used for LTV of ___.; XX/XX/XXXX - Approved Lender Exception in file (pg XXX) for LTV to XXX% for rural property.; XX/XX/XXXX - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Original LTV of XXX adheres to the guideline maximum LTV of XXX.;

92010118900

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Exception NA; XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Originator did not sign/date Final XXX for either borrower. pgs XXX.;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Exception NA; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Originator did not sign/date Final XXX for either borrower. pgs XXX.; XX/XX/XXXX - Final Loan Application is Partial

92010118900

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Dwelling coverage covers RCE. ; XX/XX/XXXX - Hazard insurance indicator is Present. Exception resolved; XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Hazard insurance indicator is Partial. $XXX Dwelling coverage (pg XXX) lower than $XXX loan amount. $XXX Replacement cost (pg XXX) not sufficient. ;

XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Dwelling coverage covers RCE. ;

XX/XX/XXXX - Hazard insurance indicator is Present. Exception resolved; XX/XX/XXXX - Dwelling coverage covers RCE. ; XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Hazard insurance indicator is Partial. $XXX Dwelling coverage (pg XXX) lower than $XXX loan amount. $XXX Replacement cost (pg XXX) not sufficient.

92010118942

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Co-Borrower residency documentation not provided or issue with documentation

XX/XX/XXXX - Co-Borrower residency documentation not provided or issue with documentation.; XX/XX/XXXX - The XXX section of the. Non-QM Flex Guidelines dated XX/XX/XXXX states, "XXX – Conditional Permanent Resident Card (Green Card) issued for XXX years that has an expiration date, as long as it is accompanied by a copy of XXX form XXX requesting removal of the conditions." Provide form XXX.;

XX/XX/XXXX - Change status of 'Co-Borrower residency documentation not provided or issue with documentation' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of the XXX Form I XXX for the co borrower. ;

XX/XX/XXXX - EXCEPTION RESOLVED; XX/XX/XXXX - Co-Borrower residency documentation has been provided and there are no issues with documentation.; XX/XX/XXXX - Lender provided copy of the XXX Form I XXX for the co borrower. ; XX/XX/XXXX - Change status of 'Co-Borrower residency documentation not provided or issue with documentation' from Active to Open Rebuttal.

92010119106

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Compliance

Cleared

ATR/QM Status is Pending

XX/XX/XXXX - Escrows were waived per final CD and escrow waiver disclosure; however, the Waiving Escrows section of the Non-QM Flex Guidelines dated XX/XX/XXXX do not allow waiver of escrows for a non-owner occupied subject property qualified using a Full Doc program.;

XX/XX/XXXX - Exempt

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010119106

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - The XXX- Income/Employment Requirements section of the NonQM Flex Guidelines dated XX/XX/XXXX requires that the employer be independently verified (via XXX, D&B XXX, XXX, or other means of verification). Provide independent verification of the employer, XXX.;

XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided independent verification of employer XXX. ;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided independent verification of employer XXX. ; XX/XX/XXXX - Change status of 'Borrower Employment Verification does not meet guidelines' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010119106

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Borrower liabilities verified indicator is Partial; XX/XX/XXXX - Homeowner's insurance declarations page and tax bill for XXX (pages XXX) are mailed to XXX Provide documentation to XXX if property is owned by Borrower.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided proof that XXX is not owned by borrower.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided proof that XXX is not owned by borrower.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010119106

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Transmittal Summary is Partial

XX/XX/XXXX - The loan file reflects an occupancy discrepancy. The Occupancy Certification (page XXX) completed by the Borrower at closing indicates the subject property will be his primary residence. The Borrower Contact Consent form (page XXX) advises the mailing address is the subject property address. The Business Purpose disclosure notes the loan proceeds were used for "new home purchase." Additionally, the mailing address listed on the homeowner's insurance declarations page (page XXX) is the subject property. Flex Non-QM matrix for XXX borrowers dated XX/XX/XXXX advises allowable occupancy is either second home or investment.
; XX/XX/XXXX - The transmittal summary is Partial;

XX/XX/XXXX - Change severity of 'Transmittal Summary is Partial' from Material to Non-Material.; XX/XX/XXXX - XXX approved downgrade to a level X/B per XXX of XXX.; XX/XX/XXXX - Change status of 'Transmittal Summary is Partial' from Active to Acknowledged by Client.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010119562

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Final Loan Application is Partial; XX/XX/XXXX - Fraud report (page XXX) verifies Borrower owns XXX , with XXX lien. Property is not listed as real estate owned on final XXX. Declaration section incorrectly advises in item A that the Borrower has had no ownership interest in another property in the last XXX years. ;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided corrected declarations section on Final XXX.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Lender provided corrected declarations section on Final XXX.; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - EXCEPTION REMAINS for incorrect Declaration Section re: ownership interest in another property in last XXX years. Long Pond does not need to be listed on REO but answer to question should be Yes.

92010119562

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fully Executed Purchase Contract is Partial

XX/XX/XXXX - Provide fully executed copy of the First Amendment to "As-Is" Residential Contract for Sale and Purchase. The Second Amendment to "As-Is" Residential Contract for Sale and Purchase is in file. ; XX/XX/XXXX - The fully executed purchase contract is Partial;

XX/XX/XXXX - The fully executed purchase contract is ___

92010119562

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Effective Date is after the Note Date

XX/XX/XXXX - Inputting effective date from policy in place at origination and expiration date from the renewal policy Lender submitted as trailing doc.; XX/XX/XXXX - The hazard insurance effective date of XX/XX/XXXX is after the note date of XX/XX/XXXX;

92010119562

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Evidence of XXX for XXX expired XX/XX/XXXX. Provide evidence of insurance in effect as of closing date.
; XX/XX/XXXX - Hazard insurance indicator is Partial;

XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Commercial policy renewal with dates of XX/XX/XXXX -- XX/XX/XXXX.;

XX/XX/XXXX - Hazard insurance indicator is Present. * Exception Resolved.; XX/XX/XXXX - Lender provided Commercial policy renewal with dates of XX/XX/XXXX -- XX/XX/XXXX.; XX/XX/XXXX - Change status of 'Hazard Insurance Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Evidence of XXX for XXX expired XX/XX/XXXX. Provide evidence of insurance in effect as of closing date.

92010119562

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - X) Provide documentation to XXX rent payment for XX/XX/XXXX and clearance of rent check #XXX dated XX/XX/XXXX (page XXX).
X) Provide credit supplement to XXX XXX #XXX payment history through XX/XX/XXXX. ; XX/XX/XXXX - Housing history does not meet guidelines.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - CLEARED. X) Rent checks acceptable as they are drawn from a bank account, not hand written. Also, LOE's in file for the difference in rent payment for XXX month (credit applied). X) Not required. XXX Mtg not associated with current primary (rent verified) or subject property. Those are the only housing histories required for DSCR loan, per pg XXX of Non-QM Guides. ;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception Resolved.; XX/XX/XXXX - CLEARED. X) Rent checks acceptable as they are drawn from a bank account, not hand written. Also, LOE's in file for the difference in rent payment for XXX month (credit applied). X) Not required. XXX Mtg not associated with current primary (rent verified) or subject property. Those are the only housing histories required for DSCR loan, per pg XXX of Non-QM Guides. ; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

92010119870

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Property

Cleared

UCDP Summary Report is Missing

XX/XX/XXXX - The SSR indicator is Missing. The UCDP is missing from the file.;

XX/XX/XXXX - The SSR indicator is Present

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

92010119960

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Underwriting CLTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting CLTV of XXX is greater than the maximum allowable guideline CLTV of XXX.; XX/XX/XXXX - Change severity of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Lender exception granted for CLTV > XXX%, subject CLTV XXX%, pg XXX.; XX/XX/XXXX - Change status of 'Underwriting CLTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010119960

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Underwriting LTV exceeds Guideline Maximum Allowable

XX/XX/XXXX - Underwriting LTV of XXX is greater than the maximum allowable guideline LTV of XXX based on a loan amount of XXX and value used for LTV of XXX.; XX/XX/XXXX - Change severity of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Material to Non-Material.; XX/XX/XXXX - Change status of 'Underwriting LTV exceeds Guideline Maximum Allowable' from Active to Acknowledged by Client.; XX/XX/XXXX - Lender exception granted for LTV > XXX%, subject LTV XXX%, pg XXX.;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job.

92010119975

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX. Audit verified $XXX in assets, pg XXX. $XXX for funds to close. Short reserves.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - CLEARED with input of $XXX EMD (pg XXX) from XX/XX/XXXX. Assets from same account XXX #XXX were dated XX/XX/XXXX so ok to add.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.

92010120069

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Effective Date is after the Note Date

XX/XX/XXXX - The hazard insurance effective date of XX/XX/XXXX is after the note date of XX/XX/XXXX;

XX/XX/XXXX - Change status of 'Hazard Insurance Effective Date is after the Note Date' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided amended HOI XXX with corrected effective dates. ;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided amended HOI XXX with corrected effective dates. ; XX/XX/XXXX - Change status of 'Hazard Insurance Effective Date is after the Note Date' from Active to Open Rebuttal.

92010120089

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX months reserves required for LTV/CLTV over XXX%.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, are less than the Guidelines minimum required of XXX or $XXX.; XX/XX/XXXX - The purchase is a XXX% LTV with a XXX% down payment. With XXX% LTV, borrower is required to have XXX months PITIA reserve per the guidelines. An exception has been set since only XXX months reserves are in file.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX. Lender Guidelines for this program allow XXX months reserves which the borrower has;

XX/XX/XXXX - Change status of 'Liquid Reserves are less than Guidelines Required' from Active to Open Rebuttal.; XX/XX/XXXX - CLEARED with review of guides (XXX Alt pg XXX). Only six months reserves required. XXX months required when both the LTV > XXX% AND Loan Amount > $XM.;

XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX. * Exception Resolved with review of guides. Only six months PITIA reserves required.; XX/XX/XXXX - CLEARED with review of guides (XXX Alt pg XXX). Only six months reserves required. XXX months required when both the LTV > XXX% AND Loan Amount > $XM.; XX/XX/XXXX - Change status of 'Liquid Reserves are less than Guidelines Required' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX.

92010120323

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Final Loan Application is Partial

XX/XX/XXXX - Originator did not sign/date Final XXX for either borrowers' application.; XX/XX/XXXX - Final Loan Application is Partial;

XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA;

XX/XX/XXXX - Final Loan Application is Present; XX/XX/XXXX - Change status of 'Final Loan Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception NA

92010120400

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - XXX report verifies Borrower purchased property of XXX on XX/XX/XXXX (pages XXX). Property is not listed on final XXX dated XX/XX/XXXX. Provide documentation to XXX principal and interest, taxes, insurance and HOA dues. Also provide documentation to XXX first payment due date. If first payment due date is XX/XX/XXX, provide payment history.
;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Cleared with review of guides, Non-QM (pg XXX). Only primary and subject require housing histories on DSCR loans.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Cleared with review of guides, Non-QM (pg XXX). Only primary and subject require housing histories on DSCR loans.; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.

92010120400

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Housing history does not meet guidelines

XX/XX/XXXX - Resident ledger dated XX/XX/XXXX for Borrower's previous residence does not XXX payment for XX/XX/XXXX rent due or lease end date. Provide documentation to XXX lease end date and payment history through lease end date.; XX/XX/XXXX - Housing history does not meet guidelines.;

XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.; XX/XX/XXXX - Exception Resolved with Lender providing complete rental ledger for previous residence. No lates reflected.;

XX/XX/XXXX - Housing delinquency meets guidelines. Exception Resolved with Lender providing complete rental ledger for previous residence. No lates reflected.; XX/XX/XXXX - Exception Resolved with Lender providing complete rental ledger for previous residence. No lates reflected.; XX/XX/XXXX - Change status of 'Housing history does not meet guidelines' from Active to Open Rebuttal.

92010120400

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Underwriting FICO does not meet Guideline Minimum Required

XX/XX/XXXX - The Waiving Escrows section of the Non-QM Flex Guidelines dated XX/XX/XXXX advise XXX is minimum score required to waive escrows for a DSCR loan. Mortgage with Score credit update dated XX/XX/XXXX (page XXX) verifies mid-score of XXX.; XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX.;

XX/XX/XXXX - Change status of 'Underwriting FICO does not meet Guideline Minimum Required' from Active to Open Rebuttal.; XX/XX/XXXX - Cleared with correction to credit score inputs. Auditor used credit report update (pg XXX) instead of original credit used to qualify (pg XXX). Scores corrected in XXX.;

XX/XX/XXXX - Underwriting FICO of XXX is greater than or equal to the minimum required guideline FICO of XXX.; XX/XX/XXXX - Cleared with correction to credit score inputs. Auditor used credit report update (pg XXX) instead of original credit used to qualify (pg XXX). Scores corrected in XXX.; XX/XX/XXXX - Change status of 'Underwriting FICO does not meet Guideline Minimum Required' from Active to Open Rebuttal.

201021083939

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Affiliated Business Disclosure is Missing

XX/XX/XXXX - The affiliate business disclosure is Missing;

XX/XX/XXXX - Change status of 'Affiliated Business Disclosure is Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Not required. Found FACTS in file (pg XXX) indicating no info shared with affiliates.;

XX/XX/XXXX - The affiliate business disclosure is Not Applicable. Exception Resolved.; XX/XX/XXXX - Not required. Found FACTS in file (pg XXX) indicating no info shared with affiliates.; XX/XX/XXXX - Change status of 'Affiliated Business Disclosure is Missing' from Active to Open Rebuttal.

201021083939

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Asset Documents are Incomplete

XX/XX/XXXX - Section XXX of the XXX dated XX/XX/XXXX states, "If the large deposit is required for the borrower to meet the down payment, funds to close, closing costs, or reserves to qualify for the loan, then funds must be verified through a letter of explanation and supporting documentation." Provide documentation to source large deposit of $XXX to XXX account ending #XXX on XX/XX/XXXX. Unable to reduce XXX acct balance by $XXX as balance not sufficient. Section XXX of the XXX dated XX/XX/XXXX advises, “Proceeds from a cash-out refinance transaction may be used for reserves after XXX (XXX) months verified from borrower(s) own funds.” ;

XX/XX/XXXX - bank statements provided.; XX/XX/XXXX - Exception resolved.

201021083939

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - X) Section XXX of the XXX dated XX/XX/XXXX states, "The loan file must include an income worksheet detailing income calculations." Provide income worksheet for Borrower.
X) Provide all documentation required by Section XXX of the XXX dated XX/XX/XXXX to XXX child support income of $XXX/mon for Borrower.
;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided proof of $XXX per week child support receipt. XXX month XXX acct history, supported by transfers/deposits into borrower's bank account.;

XX/XX/XXXX - The borrower income verification does match approval. *Exception Resolved.; XX/XX/XXXX - Lender provided proof of $XXX per week child support receipt. XXX month XXX acct history, supported by transfers/deposits into borrower's bank account.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains: Documentation of child support income was not provided. Income worksheets provided.

201021083939

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - X) XXX Fraud Manager report dated XX/XX/XXXX (page XXX) indicates Borrower owns XXX, XXX which is the previous residence listed on XXX. Provide documentation to XXX ownership status. If property is owned by Borrower, provide documentation to XXX its monthly expense and mortgage payment history.
X) Section XXX of the XXX dated XX/XX/XXXX states, "A signed and dated Letter of Explanation (LOE) is required for all derogatory credit in the past XXX months." Provide LOE for XXX collection account opened XX/XX/XXXX.;

XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided a property detail report and current tax bill supporting that borrower no longer owns XXX .;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Lender provided a property detail report and current tax bill supporting that borrower no longer owns XXX .; XX/XX/XXXX - Change status of 'Borrower Liabilities Verification Indicator is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Exception remains: X) Lender provided LOE regarding REO on , however a credit report is not sufficient to XXX borrower no longer owns property. Provide Final CD or property report XXXing borrower no longer owns property.

201021083939

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Transcripts are missing

XX/XX/XXXX - The borrower transcripts is Missing; XX/XX/XXXX - Section XXX of the XXX dated XX/XX/XXXX states, "When a full documentation income source is utilized (wage-earner, self-employed, XXX, etc.), whether solely or in tangent with an alternative income documentation, IRS transcripts are required." Provide IRS transcripts.;

XX/XX/XXXX - The borrower XXXT is Present; XX/XX/XXXX - Exception resolved. Transcripts provided.

201021083939

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

CoBorrower Income Verification does not match Approval

XX/XX/XXXX - X) Section XXX of the XXX dated XX/XX/XXXX states, "The loan file must include an income worksheet detailing income calculations." Provide income worksheet for CoBorrower.
X) XXXs provided XXX Schedule C loss for farming business owned by CoBorrower. Provide XXXs and XXX P&L for business for further analysis. Loss of $XXXX/month deducted from CoBorrower’s wage income.;

XX/XX/XXXX - The coborrower income verification does match approval; XX/XX/XXXX - Exception resolved. Income worksheet provided. Both borrowers have WX employment, self employment not used.

201021083939

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

CoBorrower Transcripts is Missing

XX/XX/XXXX - The coborrower Transcripts is Missing; XX/XX/XXXX - Section XXX of the XXX dated XX/XX/XXXX states, "When a full documentation income source is utilized (wage-earner, self-employed, XXX, etc.), whether solely or in tangent with an alternative income documentation, IRS transcripts are required." Provide IRS transcripts.;

XX/XX/XXXX - The coborrower Transcripts is Present; XX/XX/XXXX - Exception resolved. Transcripts provided.

201021083939

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient.

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Lender provided proof of sufficient replacement coverage.; XX/XX/XXXX - Hazard insurance coverage is sufficient.; XX/XX/XXXX - Lender provided Replacement Cost Estimator. The replacement cost is $XXXXX- Insurance coverage is $XXXX. Insufficient coverage for both loan amount and replacement cost.; XX/XX/XXXX - Exception remains: HOI provided again however declaration page states dwelling coverage automatically increases by the annual percentage amount shown on page. Declaration reflects XXX% inflation guard which is not sufficient coverage. Provide sufficient coverage or estimated replacement value.; XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. The subject loan amount is XXX with the hazard insurance replacement coverage of No and estimated replacement value from insurance company was not provided.

201021083939

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Qualifying DTI exceeds Guideline Maximum Allowable

XX/XX/XXXX - Qualifying DTI of XXX exceeds guideline maximum of XXX.; XX/XX/XXXX - XXXs provided XXX Schedule C loss for farming business owned by CoBorrower. Loss of $XXXX/month deducted from CoBorrower’s wage income.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Documentation provided to support Qualifying DTI below XXX.

201021086527

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: Identity and Third Party high alerts on report have not been cleared.;

XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Exception resolved.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

201021086527

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Overdraft/NSF Count Exceeds Tolerance

XX/XX/XXXX - Guidelines allow XXX NSF's in the past XXX months provided there are zero occurrences in the most recent XXX months. Borrower has XXX NSF's in the last XXX months with XXX in the last XXX months. LOE (pg XXX) in the file and approved Lender exception (pg XXX). ; XX/XX/XXXX - Change status of 'Overdraft/NSF Count Exceeds Tolerance' from Active to Acknowledged by Client.; XX/XX/XXXX - Change severity of 'Overdraft/NSF Count Exceeds Tolerance' from Material to Non-Material.

Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021077267

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Hazard Insurance Indicator is Partial

XX/XX/XXXX - Hazard insurance indicator is Partial. * Dwelling coverage not provided. pg XXX.;

XX/XX/XXXX - Hazard insurance indicator is Present; XX/XX/XXXX - Exception resolved.

320021077684

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Active

Affiliated Business Disclosure is Missing

XX/XX/XXXX - The affiliate business disclosure is Missing;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021077684

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Appraiser's License was Inactive at time of origination

XX/XX/XXXX - Appraiser's License was Inactive at time of origination.;

XX/XX/XXXX - Change status of 'Appraiser's License was Inactive at time of origination' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Appraiser License Active.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided Appraiser License Active.; XX/XX/XXXX - Change status of 'Appraiser's License was Inactive at time of origination' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021077684

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Liabilities Verification Indicator is Partial

XX/XX/XXXX - Section XXX of the XXX dated XX/XX/XXXX states, "A gap credit report or undisclosed debt monitoring report is required to evidence no additional debt was obtained throughout the origination process." Provide report.;

XX/XX/XXXX - Borrower liabilities verified indicator is Present; XX/XX/XXXX - Exception resolved. Gap CR provided.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021077684

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Flood Certificate is Missing

XX/XX/XXXX - The flood certification is Missing;

XX/XX/XXXX - The flood certification is Present; XX/XX/XXXX - Exception resolved.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021077684

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: Identity and Third Party high alerts have not been cleared.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Fraud Alert with alerts cleared.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Lender provided Fraud Alert with alerts cleared.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021077684

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Higher-Priced Mortgage Loan Appraiser License Status Alert (12 CFR 1026.35(c)(1)).

XX/XX/XXXX - Loan is a Higher-Priced Mortgage Loan and Appraiser's license status was Inactive at time of origination.;

XX/XX/XXXX - Appraisers lic was active. Exception resolved.; XX/XX/XXXX - Active.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021077684

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Transmittal Summary is Missing

XX/XX/XXXX - Section XXX of the XXX dated XX/XX/XXXX states, "When all income sources utilize the XXX-month are full doc income verification option (i.e. wage earner, XXX, self-employment with tax returns, etc.), AUS must be run by the Lender/Broker/Client at the time of loan submission; the underwriter will run AUS upon initial underwrite and prior to clearing the loan to close. The AUS findings must be included in the loan file to valXXX te the eligibility for a Non-QM product. A primary residence with Approve/Eligible or Accept findings must be underwritten as a QM product. A second home or investment property may remain Non-QM eligible even with Approve/Eligible or Accept findings if Non-QM pricing is more favorable than GSE pricing." AUS in file dated XX/XX/XXXX has Approve/Eligible finding. No other AUS in file. Provide additional documentation required by guidelines. Also provide copy of XXX.; XX/XX/XXXX - The transmittal summary is Missing;

XX/XX/XXXX - The transmittal summary is Present; XX/XX/XXXX - Exception resolved.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021077684

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

UCDP Summary Report is Partially Provided or Inaccurate

XX/XX/XXXX - Section XXX of the XXX dated XX/XX/XXXX states, "If revisions or updates of the appraisal are obtained, the risk scores from subsequent resubmissions of the appraisal report to UDCP must be used." Appraisal was revised XX/XX/XXXX to reflect subject property in PUD. Submission Summary Reports in file are dated XX/XX/XXXX. Provide Submission Summary Reports dated after appraisal revision.; XX/XX/XXXX - The SSR indicator is Partial;

XX/XX/XXXX - The SSR indicator is Present

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021083059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - Bank statements utilized to calculate income for Borrower missing pages. Provide pages XXX & XXX of XXX statement dated XX/XX/XXXX for XXX account ending #XXX. Provide pages XXX & XXX of XXX statement dated XX/XX/XXXX for XXX account ending #XXX.;

XX/XX/XXXX - The borrower income verification does match approval; XX/XX/XXXX - Exception resolved, April statement provided including all pages.; XX/XX/XXXX - Exception Remains. Lender provided pages XXX & XXX of XXX XX/XX/XXXX statement- still missing pages X&X of XXX statement dated XX/XX/XXXX.

320021083059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

CoBorrower Income Verification does not match Approval

XX/XX/XXXX - Coborrower income verified utilized personal bank statements. Section XXX of the XXX dated XX/XX/XXXX requires, "CPA letter to evidence the individual borrower has a minimum XXX% ownership in the business." Provide CPA letter. ;

XX/XX/XXXX - Change status of 'CoBorrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Articles of Organization.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The coborrower income verification does match approval; XX/XX/XXXX - Change status of 'CoBorrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Articles of Organization.

320021083059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Residual income does not meet guidelines.

XX/XX/XXXX - Section XXX of the XXX dated XX/XX/XXXX requires $XXX residual income when there are more than XXX children in household. Final XXX indicates Borrower and CoBorrower each have XXX minor dependents; so, the Borrowers have either XXX or XXX children. There is a note on the XXX stating the income totals $XXX; however, only documented income is bank statement income which totals $XXX/mon. There is an Order Establishing Child Support Obligation (page XXX) in file; however, there is no support amount or other required documentation in file. Also, there is no child support income listed on final XXX or Stable Monthly Income section of XXX.; XX/XX/XXXX - Residual income of XXX does not meet minimum guidelines.;

XX/XX/XXXX - Residual income meets guidelines.; XX/XX/XXXX - Change severity of 'Residual income does not meet guidelines.' from Material to Non-Material.; XX/XX/XXXX - Exception resolved. Approved exception provided for the residual income.; XX/XX/XXXX - EXCEPTION REMAINS. . Lender provided rebuttal stating "Champion guides the residual income required was only $XXX as more than XXX children are in the household" - The guidelines state that $XXX in residual income is required "IF THERE ARE > XXX children in household". Loan Application states XXX children for each borrower, making the minimum amount of children XXX, which is > XXX.

320021083059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product not Provided

XX/XX/XXXX - Second appraisal with value of $XXX in file (page XXX); however, Section XXX of the XXX dated XX/XX/XXXX requires a Desktop Appraisal Review which is not in file.; XX/XX/XXXX - Third Party Valuation Product not Provided to Support Origination Appraised Value within XXX%.;

XX/XX/XXXX - CCA provided, condition resolved; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.;

XX/XX/XXXX - Third Party Valuation Product Provided; XX/XX/XXXX - CCA provided, condition resolved; XX/XX/XXXX - Change status of 'Third Party Valuation Product not Provided' from Active to Open Rebuttal.

320021083059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Third Party Valuation Product Not Provided and CU Score is Greater Than 2.5

XX/XX/XXXX - Third Party Valuation Product Not Provided and CU Score is XXX.;

XX/XX/XXXX - CCA provided, condition resolved; XX/XX/XXXX - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than XXX' from Active to Open Rebuttal.;

XX/XX/XXXX - Third Party Valuation Product Provided.; XX/XX/XXXX - CCA provided, condition resolved; XX/XX/XXXX - Change status of 'Third Party Valuation Product Not Provided and CU Score is Greater Than XXX' from Active to Open Rebuttal.

320021083059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - Schedule B, Part I of title commitment (page XXX) reflects a Deed of Trust in factor of XXX to secure a note of $XXX. There is no payoff information in file for lien. Provide Note/agreement for this lien. If payments were being made, provide XXX month payment history. Final title policy not in file. Additional conditions may be required. ;

XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided evidence of XXX lien payoff.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Lender provided evidence that XXX lien was included in the payoff amount of $XXX. ; XX/XX/XXXX - Lender provided evidence of XXX lien payoff.; XX/XX/XXXX - Change status of 'Title Issues Present' from Active to Open Rebuttal.

320021083059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

XXX High Cost Home Loan Financing of Points and Fees Test

XX/XX/XXXX - This loan failed the high-cost home loan financing of points and fees test.
(XXX SB XXX [G.S. Â§ XX-XXXE(c)(XXX)b,c])

The loan finances any points and fees or any other charges payable to third parties.

320021083059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

XXX High Cost Home Loan Finding

XX/XX/XXXX - High-Cost Home Loan (XXX SB XXX [G.S. Â§ XX-XXXE(a)(XXX)])The loan is a high-cost home loan due to all of the following findings:The loan is secured by either a security interest in a manufactured home which is or will be occupied by the borrower as the borrower's principal dwelling or a mortgage or deed of trust on real estate upon which there is located a structure or structures designed principally for occupancy of from XXX to XXX families which is or will be occupied by the borrower as the borrower's principal dwelling.The principal amount of the loan does not exceed the lesser of the conforming loan size limit for a single-family dwelling as established by FNMA ($XXX) or $XXX.The loan exceeds at least XXX of the APR, points and fees, or prepayment amount or term thresholds.

320021083059

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

XXX High Cost Home Loan Points and Fees Test

XX/XX/XXXX - This loan failed the high-cost home loan points and fees test due to XXX of the following findings: ( NC SB XXX [G.S. Â§XX-XXXE(a)(XXX)] ) ( NC HB XXX amendments to NC SB XXX [G.S. Â§XX-XXXE(a)(XXX)] ) ( NC HB XXX [G.S. Â§XX-XXXE(a)(XXX), as amended XXX, XXX] ) ( NC Declaratory Ruling,. XXX ) ( NC HB XXX [G.S. Â§XX-XXXE(a)(X-X), as amended XXX] )The loan was made before XXX, XXX or on or after XXX, XXX, total loan amount is $XXX or more and the total points and fees exceed XXX% of the total loan amount;The loan was made on or after XXX, XXX, total loan amount is $XXX or more and the total points and fees exceed XXX% of the total loan amount;The total loan amount is less than $XXX and the total points and fees exceed the lesser of XXX% of the total loan amount or $XXX;The loan was made before XXX, XXX, the loan is an open-end loan, the maximum line of credit is at least $XXX, and the total points and fees exceed XXX% of the maximum line of credit;The loan was made on or after XXX, XXX, the loan is an open-end loan, the maximum line of credit is at least $XXX, and the total points and fees exceed XXX% of the maximum line of credit; orThe loan is an open-end loan, the maximum line of credit is less than $XXX, and the total points and fees exceed XXX% of the maximum line of credit.This calculation takes into account direction regarding seller-paid points and fees provided by the XXX, XXX North Carolina Declaratory Ruling.

320021085877

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Borrower Income Verification does not match Approval

XX/XX/XXXX - The borrower income verification does not match approval. The loan file contains XXX months bank statements for both a XXX personal account, #XXX, and business account #XXX. Additionally, the loan file contains an "Estimated Revenue by Month" for account #XXX (pg XXX). However, it does not show detailed unsourced deposits and income used to qualify borrower does not match "estimated revenue". Unable to determine which account was used to qualify the borrower. Provide income calculation worksheets.;

XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided income worksheet.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - The borrower income verification does match approval; XX/XX/XXXX - Lender provided income worksheet.; XX/XX/XXXX - Change status of 'Borrower Income Verification does not match Approval' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021085877

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Shows Uncleared Alerts

XX/XX/XXXX - Fraud report shows the following alerts that have not been cleared: A system error with XXX or more watchlist screening searches. Recommendation is to rerun report or contact XXX liaison.;

XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided fraud report with alerts cleared.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Alerts from Fraud Report have been cleared.; XX/XX/XXXX - Lender provided fraud report with alerts cleared.; XX/XX/XXXX - Change status of 'Fraud Report Shows Uncleared Alerts' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021085877

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Minimum Flood Insurance Coverage has not been met

XX/XX/XXXX - Flood insurance coverage in the amount of XXX does not meet the minimum coverage required.;

XX/XX/XXXX - Change status of 'Minimum Flood Insurance Coverage has not been met' from Active to Open Rebuttal.; XX/XX/XXXX - Flood insurance coverage is sufficient.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Received flood insurance coverage in the amount of XXX to meet the minimum coverage required.; XX/XX/XXXX - Flood insurance coverage is sufficient.; XX/XX/XXXX - Change status of 'Minimum Flood Insurance Coverage has not been met' from Active to Open Rebuttal.

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021090183

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Per Diem Interest Amount Test

XX/XX/XXXX - Exception resolved, see other resolved condition for details

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

320021090183

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TRID Post-Consummation Revised Closing Disclosure Data Validation Test

XX/XX/XXXX - This loan failed the TRID post-consummation revised closing disclosure data validation test.This loan contains a post-consummation reason for redisclosure, but it does not provide either:A consummation date; orA post-consummation revised closing disclosure delivery date; orA date when the event in connection with the settlement of the transaction that caused the closing disclosure to become inaccurate and thereby resulted in a change to an amount actually paid by the consumer from the closing disclosure occurred; orA date when the creditor knew of the event in connection with the settlement of the transaction that caused the closing disclosure to become inaccurate and thereby resulted in a change to an amount actually paid by the consumer from the closing disclosure.These dates are necessary to determine the timing requirement in the Post-Consummation Event and Revised Closing Disclosure Delivery Date Test.

XX/XX/XXXX - Exception resolved, see other resolved condition for details

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

320021097437

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Property

Cleared

Title Issues Present

XX/XX/XXXX - The following issues were noted: Title is in the business name. Final title must be in the borrower's name.;

XX/XX/XXXX - Exception resolved.

320021097516

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Coverage is Not Sufficient

XX/XX/XXXX - Hazard insurance coverage of XXX is not sufficient. The subject loan amount is XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Hazard insurance coverage is XXX, the subject loan amount is XXX with the hazard insurance replacement coverage of No and estimated replacement value of XXX.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

320021099014

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Cleared

Liquid Reserves are less than Guidelines Required

XX/XX/XXXX - Sufficient reserves.; XX/XX/XXXX - The liquid reserves of XXX months or $XXX, is greater than or equal to the Guidelines minimum required of XXX or $XXX.

W2021070307

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

Per Diem Interest Amount Test

XX/XX/XXXX - Lender issued Post Closing CD dated XX/XX/XXXX showing disbursement date of XX/XX/XXXX collecting $XXX in Per Diem Interest, the correct amount to be collected from XX/XX/XXXX to XX/XX/XXXX was $XXX for a difference of $XXX which exceeds tolerance.;

XX/XX/XXXX - Lender provided XXX dated XX/XX/XXXX.; XX/XX/XXXX - Change status of 'Per Diem Interest Amount Test' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - This loan passed the per diem interest amount test. (CA Bus. Prof. Code §XXXXX)The per diem interest amount charged on the loan ($XXX) does not exceed the per diem interest charge or credit threshold ($XXX).PLEASE NOTE: An additional $XXX buffer was included in the per diem interest charge or credit threshold displayed above based on the client preferences configured on the per diem interest settings page.; XX/XX/XXXX - Lender provided XXX dated XX/X/XXXX.; XX/XX/XXXX - Change status of 'Per Diem Interest Amount Test' from Active to Open Rebuttal.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

W2021070307

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Rate Term Refinance

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Cleared

TILA Right of Rescission Test

XX/XX/XXXX - This loan passed the TILA right of rescission test.Closed-end ( XXX CFR Â§XXXXX(a)(X) , transferred from XXX CFR Â§XXXX(a)(X) ), Open-end ( XXX CFR Â§XXXXX(a)(X) , transferred from XXX CFR Â§XXXX(a)(X) )The funding date is not before the third business day following consummation.

The consumer XXX exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by XXX CFR Â§XXXXX or Â§XXXXX, or delivery of all material disclosures, whichever occurs last.

XX/XX/XXXX - Exception Resolved.;

XX/XX/XXXX - This loan passed the TILA right of rescission test.Closed-end ( XXX CFR §XXXXXX(a)(X) , transferred from XXX CFR §XXXXX(a)(X) ), Open-end ( XXX CFR §XXXXXX(a)(X) , transferred from XXX CFR §XXXXX(a)(X) )The funding date is not before the third business day following consummation.

The consumer XXX exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by XXX CFR §XXXXXX or §XXXXXX, or delivery of all material disclosures, whichever occurs last.; XX/XX/XXXX - This loan failed the TILA right of rescission test.Closed-end ( XXX CFR §XXXXXX(a)(X) , transferred from XXX CFR §XXXXX(a)(X) ), Open-end ( XXX CFR §XXXXXX(a)(X) , transferred from XXX CFR §XXXXX(a)(X) )The funding date is before the third business day following consummation.

The consumer XXX exercise the right to rescind until midnight of the third business day following consummation, delivery of the notice required by XXX CFR §XXXXXX or §XXXXXX, or delivery of all material disclosures, whichever occurs last.

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Original LTV is Below the Guideline Maximum - Calculated LTV of XXX is less than Guideline LTV of XXX. ; Original CLTV is Below the Guideline Maximum - Calculated CLTV of XXX is less than Guideline CLTV of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Borrower X has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

W2021080093

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

CashOut Refinance

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Fraud Report Missing

XX/XX/XXXX - Fraud report Missing. * Not in file.;

XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided copy of Fraud report ;

XX/XX/XXXX - Exception resolved.; XX/XX/XXXX - Fraud report Present.; XX/XX/XXXX - Lender provided copy of Fraud report ; XX/XX/XXXX - Change status of 'Fraud Report Missing' from Active to Open Rebuttal.

W2021080249

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Hazard Insurance Effective Date is after the Note Date

XX/XX/XXXX - The hazard insurance effective date of XX/XX/XXXX is after the note and disbursement date of XX/XX/XXXX on the final closing disclosure.;

XX/XX/XXXX - Lender provided PCCD with correct loan disbursement of XX/XX/XXXX.; XX/XX/XXXX - Change status of 'Hazard Insurance Effective Date is after the Note Date' from Active to Open Rebuttal.;

XX/XX/XXXX - Exception Resolved; XX/XX/XXXX - Lender provided PCCD with correct loan disbursement of XX/XX/XXXX.; XX/XX/XXXX - Change status of 'Hazard Insurance Effective Date is after the Note Date' from Active to Open Rebuttal.

W2021080487

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Acknowledged

Underwriting FICO does not meet Guideline Minimum Required

XX/XX/XXXX - Change severity of 'Underwriting FICO does not meet Guideline Minimum Required' from Material to Non-Material.; XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX.; XX/XX/XXXX - Approved lender exception in file for FICO < guideline requirement for first time investor.; XX/XX/XXXX - Underwriting FICO of XXX is greater than or equal to the minimum required guideline FICO of XXX. Correct guideline for FICO is XXX; XX/XX/XXXX - Underwriting FICO of XXX is less than the minimum required guideline FICO of XXX.;

Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX.

WB2021060649

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Unresolved derogatory credit

XX/XX/XXXX - Borrower has unresolved derogatory credit. XXX(XXX) collections accounts for revolving debts: X) XXX IAO $XXX and X) XXX IAO $XXX; per GL if these do not affect title they do not need to be paid off. these are charged off accounts- if SOL has expired then the CB needs to remove them- CB shows date of last activity in XXX and XXX; however, if truly expired SOL- then moot.; XX/XX/XXXX - Change severity of 'Unresolved derogatory credit' from Material to Non-Material.; XX/XX/XXXX - XXX charged off accounts on CB XXX and XXX - both revolving accounts; highlighted however per GL if they do not affect title do not need to be paid off.;

Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

WE2021060619

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Investment Property

ATR/QM: Exempt

XXX

Credit

Cleared

Initial Credit Application is Partial

XX/XX/XXXX - Initial credit application is Partial. BX Initial XXX Missing; XXX copies of BX Initial XXX only.;

XX/XX/XXXX - Change status of 'Initial Credit Application is Partial' from Active to Open Rebuttal.; XX/XX/XXXX - Lender provided Initial Application.;

XX/XX/XXXX - Exception Resolved.; XX/XX/XXXX - Initial credit application is Present; XX/XX/XXXX - Lender provided Initial Application.; XX/XX/XXXX - Change status of 'Initial Credit Application is Partial' from Active to Open Rebuttal.

WE2021070435

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Compliance

Active

Affiliated Business Disclosure is Missing

XX/XX/XXXX - ABD not found in the file; XX/XX/XXXX - The affiliate business disclosure is Missing;

Calculated DTI is Less than the Guideline Maximum - Calculated DTI of XXX is less than the Guideline DTI of XXX. ; Qualifying FICO is Greater than the Guideline Minimum - Qualifying FICO of XXX is Greater than the Guideline Minimum of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower has more than XXX years at current residence - Borrower at current residence XXX years ; Borrower has stable job time - Borrower has XXX years at job.

WE2021070814

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Borrower Employment Verification does not meet guidelines

XX/XX/XXXX - Borrower does not own XXX% of business. Guideline for bank statement documentation requires other owners of business must acknowledge transaction and use the business bank statements for qualification. Lender Granted Exception page XXX on XX/XX/XXXX;. Non-material due to granted exception.;

XX/XX/XXXX - Change severity of 'Borrower Employment Verification does not meet guidelines' from Material to Non-Material.

Original CLTV is Below the Guideline Maximum - Calculated CLTV is less than Guideline CLTV of XXX. ; Liquid Reserves are Greater than the Guideline Minimum - Liquid Reserves of XXX months or $XXX, are greater than the Guideline Minimum of XXX or $XXX. ; Borrower XXX has significant job time - Borrower has XXX years on job ; Borrower has stable job time - Borrower has XXX years at job. ; Borrower Years On Job Exceeds XXX Years - Borrower Years On Job Exceeds XXX Years

WE2021070814

XXXXX

XXX

XXXXX

XXX

XX/XX/XXXX

$XXXXXX

Purchase

Owner occupied

Non-QM: Lender documented all ATR UW factors

XXX

Credit

Acknowledged

Unresolved derogatory credit

XX/XX/XXXX - Borrower has unresolved derogatory credit. Lender granted exception for XXX collection of $XXX% payment to be excluded from DTI. Non-material as Exception was granted.;

XX/XX/XXXX - Change severity of 'Unresolved derogatory credit' from Material to Non-Material.