Client Name:	Goldman
Client Project Name:	Goldman GSMBS 2019 PJ3
Start - End Dates:	7/26/2018 - 4/25/2019
Deal Loan Count:	14
Conditions Report 2.0
Loans in Report:	14
Loans with Conditions:	11

Loan Number

Original Principal Balance

State

Initial Lender ATR/QM Status

Loan Level ATR/QM Status

Initial Moody, Fitch, DBRS, Morningstar, Kroll  Overall Loan Grade

Final Moody, Fitch, DBRS, Morningstar, Kroll Overall Loan Grade

Initial Moody, Fitch, DBRS, Morningstar, Kroll  Loan Credit Grade

Final Moody, Fitch, DBRS, Morningstar, Kroll  Loan Credit Grade

Initial Moody, Fitch, DBRS, Morningstar, Kroll  Loan Property Valuation Grade

Final Moody, Fitch, DBRS, Morningstar, Kroll  Loan Property Valuations Grade

Initial Moody, Fitch, DBRS, Morningstar, Kroll Loan Compliance Grade

Final Moody, Fitch, DBRS, Morningstar, Kroll  Loan Compliance Grade

Initial S&P Overall Loan Grade

Final S&P Overall Loan Grade

Initial S&P Credit Loan Grade

Final S&P Credit Loan Grade

Initial S&P Property Valuations Loan Grade

Final S&P Property Valuations Loan Grade

Initial S&P Compliance Loan Grade

Final S&P Compliance Loan Grade

Condition Category

Condition Sub Category

Condition Status

Initial Securitization Condition Grade

Final Securitization Condition Grade

Initial S&P Condition Grade

Final S&P Condition Grade

Condition Code

Condition Description

Condition Material Indicator

Initial Comments

Client/Seller Response Comments

Conclusion Comments

TRID Error Type

Cure Method

Compensating Factors

26491143

XXXXXX

SC

QM: Safe Harbor

QM: Safe Harbor

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Active

B

B

B

B

CMPTRID5019

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

No

Cd XX/XX/XXXX  Closing Disclosure,  Optional designation missing from Home warranty

(No Data)

(No Data)

Non-Numeric

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned his home 6 years and 6 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on his job 19 years. CFCFS1739: Postive mortgage payment history - Clayton Comments:  76 months mortgage history with no late pays. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of XXX months, exceeds the requirement of 6 months, XXX  months.

26491143

XXXXXX

SC

QM: Safe Harbor

QM: Safe Harbor

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing secondary valuation for securitization supporting appraised value of $XXX,XXX.

XX/XX/XXXX- Lender Provided XXX Desk Review, value supporting appraisal value.

XX/XX/XXXX-Exception Satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned his home 6 years and 6 months. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on his job 19 years. CFCFS1739: Postive mortgage payment history - Clayton Comments:  76 months mortgage history with no late pays. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves of XXX  months, exceeds the requirement of 6 months, XXX  months.

26491145

XXXXXX

LA

QM: Safe Harbor

QM: Safe Harbor

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Active

B

B

B

B

CMPTRID3476

TRID - Written List of Providers not provided or untimely

No

The Service Provider list is not in file.

(No Data)

(No Data)

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has 6 years at current residence per application. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has 22 years at current job per application. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  Co borrower has 10 years at current job per application. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV is X%.  Max allowed is X%.

26491147

XXXXXX

GA

QM: Safe Harbor

QM: Safe Harbor

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing secondary valuation for securitization supporting appraised value of $XXX,XXX.

XX/XX/XXXX - Desk review supporting appraisal value provided.

XX/XX/XXXX - Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI of X% below maximum of X%. CFCFS1737: LTV below guideline requirements - Clayton Comments:  LTV of X% below guideline of 90%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score of 777 exceeds guidelines of 720.

26491152

XXXXXX

GA

QM: Safe Harbor

QM: Safe Harbor

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing secondary valuation for securitization supporting appraised value of $XXX,XXX.

XX/XX/XXXX - Lender provided CDA XXX $XXX,XXX. dated XX/XX/XXXX

XX/XX/XXXX - Exception satisfied.

(No Data)

Not Applicable

CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified cash reserves $XXX ; XXX  months PITI. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been XXX employed 14 years.

26491153

XXXXXX

GA

QM: Safe Harbor

QM: Safe Harbor

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

Property Valuations

Appraisal

Satisfied

A

A

A

A

PRVAAPPR3116

Missing updated valuation

No

Missing secondary valuation for securitization supporting appraised value of $XXX,XXX.

XX/XX/XXXX- XXX Desk review received supporting value $XXX,XXX.

XX/XX/XXXX Exception Satisfied.

(No Data)

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on job for 6 years CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is X%. Max DTI is X% CFCFS1739: Postive mortgage payment history - Clayton Comments:  No current or previous derogatory mortgage pay history

26491154

XXXXXX

LA

QM: Safe Harbor

QM: Safe Harbor

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

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

No

CD 3.22.19 Other Costs section, Field F: HOI is missing payee, corrected on Final CD 3.27.19.

(No Data)

04.08.19, Exception Satisfied.

Hybrid

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned his home 12 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on his job for 12 years 6 months. CFCFS1739: Postive mortgage payment history - Clayton Comments:  Borrower has 27 months mortgage history with no late pays. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified post close cash reserves of $348,043.63 or 133.50 months; per guidelines, 6 months PITIA are required or $3,479.78 x 6 = $20,878.68.

26491154

XXXXXX

LA

QM: Safe Harbor

QM: Safe Harbor

D

B

A

A

D

A

B

B

D

B

A

A

D

A

B

B

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing secondary valuation for securitization supporting appraised value of $XXX,XXX.

XX/XX/XXXX Clear Capital Desk Review received supporting value $XXX,XXX.

XX/XX/XXXX Exception Satisfied.

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower has owned his home 12 years. CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on his job for 12 years 6 months. CFCFS1739: Postive mortgage payment history - Clayton Comments:  Borrower has 27 months mortgage history with no late pays. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified post close cash reserves of $348,043.63 or 133.50 months; per guidelines, 6 months PITIA are required or $3,479.78 x 6 = $20,878.68.

26508485

XXXXXX

FL

QM: Safe Harbor

QM: Safe Harbor

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  FICO 793; minimum per guidelines 680 CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been with current employer for 39 years.

26508551

XXXXXX

OR

QM: Safe Harbor

QM: Safe Harbor

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

Finance Charge Tolerance

Satisfied

C

B

C

B

CMPFINT106

Finance charge understated by more than $100 (Pmt Stream)

No

Finance charge per TIL/CD is $XXX,XXX actual finance charge calculation $XXX,XXX per payment stream causing understatement of $XXX,XXX Within 60 days of discovery, refund under disclosed amount to borrower. If loan is rescindable will also need to reopen rescission

XX/XX/XXXX Lender response; Loan failed TILA testing and restitution was paid to the borrower in the amount of $XXX,XXX.  Restitution documentation has been provided.  Borrower was made whole and rescission does not need to be reopened. Lender provided copy of check LOX to borrower and proof it was sent.

XX/XX/XXXX Exception satisfied

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrowers reside at current residence 10 years. CFCFS2854: Significant time in profession - Clayton Comments:  B1 in same profession 12 years.CB in same profession 12 years.

26508551

XXXXXX

OR

QM: Safe Harbor

QM: Safe Harbor

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

Compliance

TILA/RESPA Integrated Disclosure

Active

B

B

B

B

CMPTRID4583

TRID - LE sent prior to CD, but either confirmed receipt date or assumed receipt date is on or after the CD receipt date

No

Final le issued XX/XX/XXXX with no confirm receipt. Initial cd issued XX/XX/XXXX with a  confirm receipt date of XX/XX/XXXX. Please provide evidence  that the LE dated XX/XX/XXXX was received and acknowledged prior to XX/XX/XXXX.

XX/XX/XXXX Lender provided E Consent Acknowledged by borrowers on XX/XX/XXXX. Clayton Response; E Consent does not indicate that the borrowers acknowledged  LE XX/XX/XXXX before CD XX/XX/XXXX. Exception Remains XX/XX/XXXX Lender provided attestation that the LE dated XX/XX/XXXX was delivered to the borrower in person on XX/XX/XXXX.  Clayton response; The attestation provided states that the LE was delivered after closing on XX/XX/XXXX. Exception Remains

XX/XX/XXXX Exception Remains XX/XX/XXXX Exception Remains

(No Data)

Not Applicable

CFCFS1736: Significant time at current residence - Clayton Comments:  Borrowers reside at current residence 10 years. CFCFS2854: Significant time in profession - Clayton Comments:  B1 in same profession 12 years.CB in same profession 12 years.

26508610

XXXXXX

AL

QM: Safe Harbor

QM: Safe Harbor

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  13 Years XXX. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  12 years XXX. CFCFS1737: LTV below guideline requirements - Clayton Comments:  X% LTV, maximum LTV 80% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Credit score 787. Minimum required 680. CFCFS1740: Mortgage payment history exceeds guidelines - Clayton Comments:  202 Mortgage Payments made as agreed. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Post-Closing Reserves $XXXXXX = 39.47 months of PITI payments. DU no reserves required.

26508704

XXXXXX

FL

QM: Safe Harbor

QM: Safe Harbor

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4352

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

No

Refers to all CDs: Other costs section E, City/County tax/Stamps and State Tax/Stamps payee should disclose name of entity being paid.Requires corrected PCCD, LOX and verification of shipping.

XX/XX/XXXX Lender provided ; PC CD dated XX/XX/XXXX correcting formatting issue

XX/XX/XXXX Exception Satisfied

Hybrid

Not Applicable

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  The borrower has worked for the same employer for over 18 years CFCFS2854: Significant time in profession - Clayton Comments:  The borrower has worked in the same profession for 18 years ago CFCFS1737: LTV below guideline requirements - Clayton Comments:  The LTV is X%.  Up to X% is allowed CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Per guidelines reserves are determined by DU.  DU is not requiring reserves since the subject property is a primary residence, borrower has $XXXXXX

26508711

XXXXXX

FL

QM: Safe Harbor

QM: Safe Harbor

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

CFCFS1734: Borrower has significant time at current job - Clayton Comments:  Borrower has been on current job 9 years and 4 months. CFCFS1735: Co-Borrower has significant time at current job - Clayton Comments:  Co-borrower has been on current job 9 years and 3 months. CFCFS1739: Postive mortgage payment history - Clayton Comments:  97 months mortgage history with no late pays. CFCFS1731: Verified cash reserves exceed guidelines - Clayton Comments:  Verified reserves of  $97,028.91 (22.70 months PITI)  exceeds DU required reserves of $0.00.

26508719

XXXXXX

CA

QM: Safe Harbor

QM: Safe Harbor

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

B

B

B

B

CMPTRID4320

TRID - CD: The stated Closing Costs Financed (Paid from Your Loan Amount) amount in the CD Calculating Cash to Close section (Alt Version) does not equate to the amount based on the Reg's formula.

No

The stated Closing Costs Financed (Paid from Your Loan Amount) amount in the CD XXX Calculating Cash to Close section (Alt Version) does not equate to the amount based on the Clayton calculation. lender has $XXX,XXX. actual calculation $XXX,XXX. closing costs $XXX,XXX. - POC XXX= $XXX,XXX.

XX/XX/XXXX Lender provided PC CD dated 9/13/18 That corrects the  Closing Costs Financed

XX/XX/XXXX Exception Satisfied

Numeric

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  Lender maximum DTI X%  Borrower DTI X% CFCFS1737: LTV below guideline requirements - Clayton Comments:  Lender max DTI X%  Borrower DTI X% CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Lender minimum FICO 700 Borrower FICO 764

26508861

XXXXXX

FL

QM: Safe Harbor

QM: Safe Harbor

D

A

D

A

A

A

C

A

D

A

D

A

A

A

C

A

Compliance

TILA/RESPA Integrated Disclosure

Satisfied

C

A

C

A

CMPTRID3626

TRID - CD: Loan consummated before end of waiting period

No

Please provide confirm of receipt for initial CD dated XX/XX/XXXX

XX/XX/XXXX Lender provided disclosure tracking history showing CD XX/XX/XXXX acknowledged on XX/XX/XXXX

9.28.18 Exception satisfied

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Qualifying score of 754 exceeds guideline of 680 forX%/X% LTV/CLTV. CFCFS2860: Good credit history - Clayton Comments:  Credit history is rated for a cumulative 183 months with no derogatory ever appearing in the credit history.

26508861

XXXXXX

FL

QM: Safe Harbor

QM: Safe Harbor

D

A

D

A

A

A

C

A

D

A

D

A

A

A

C

A

Credit

Insurance

Satisfied

C

A

C

A

CRDINSR289

Insufficient Insurance Amount to Cover Loan Balance

No

Dwelling coverage per HOI is $XXX,XXX. Loan amount is $XXX,XXX and Cost new per appraisal is not provided. Missing Gross Replacement cost Estimate

XX/XX/XXXX - Lender provided the XXX supporting XXX of $XXX,XXX.- Insurance is sufficient.

XX/XX/XXXX - Exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Qualifying score of 754 exceeds guideline of 680 for X%/X% LTV/CLTV. CFCFS2860: Good credit history - Clayton Comments:  Credit history is rated for a cumulative 183 months with no derogatory ever appearing in the credit history.

26508861

XXXXXX

FL

QM: Safe Harbor

QM: Safe Harbor

D

A

D

A

A

A

C

A

D

A

D

A

A

A

C

A

Credit

Legal Documents

Satisfied

D

A

D

A

CRDLGL137

Missing copy of 2nd lien Note (subject is 1st lien)

No

Missing HELOC Agreement/Note for new HELOC that closed simultaneously with the 1st in the amount of $XXX,XXX. Terms provided thru email only on page 320.

XX/XX/XXXX - Lender response - attached. XX/XX/XXXX - XXX HELOC $XXX,XXX.

XX/XX/XXXX - exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Qualifying score of 754 exceeds guideline of 680 for X%/X% LTV/CLTV. CFCFS2860: Good credit history - Clayton Comments:  Credit history is rated for a cumulative 183 months with no derogatory ever appearing in the credit history.

26508861

XXXXXX

FL

QM: Safe Harbor

QM: Safe Harbor

D

A

D

A

A

A

C

A

D

A

D

A

A

A

C

A

Credit

Legal Documents

Satisfied

D

A

D

A

CRDLGL139

Missing copy of 2nd lien HUD-1 (subject is 1st lien)

No

Missing Final CD for HELOC 2nd with proceeds used for 1st mortgage in the amount of $XXX,XXX.

XX/XX/XXXX - Lender response - attached. XX/XX/XXXX - XXX HELOC $XXX,XXX.

XX/XX/XXXX - exception satisfied.

(No Data)

Not Applicable

CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Qualifying score of 754 exceeds guideline of 680 for X%/X% LTV/CLTV. CFCFS2860: Good credit history - Clayton Comments:  Credit history is rated for a cumulative 183 months with no derogatory ever appearing in the credit history.

26696033

XXXXXX

GA

QM: Safe Harbor

QM: Safe Harbor

D

A

A

A

D

A

A

A

D

A

A

A

D

A

A

A

Property Valuations

Appraisal

Satisfied

D

A

D

A

PRVAAPPR3116

Missing updated valuation

No

Missing secondary valuation for securitization supporting appraised value.

XX/XX/XXXX- Lender provided CDA XX/XX/XXXX supporting appraised value of $XXX,XXX.

XX/XX/XXXX- Exception satisfied.

(No Data)

Not Applicable

CFCFS1744: DTI below guideline requirement - Clayton Comments:  DTI is X/X%. Guideline maximum is X/X%. CFCFS1741: Credit score exceeds guidelines - Clayton Comments:  Borrower's credit score is 740. Minimum credit score is 720. CFCFS1736: Significant time at current residence - Clayton Comments:  Borrower is at current residence for 9.5 years. CFCFS2854: Significant time in profession - Clayton Comments:  Borrower is in profession for 20 years.