EX-99.3 21 efc20-448_ex993s6.htm SCHEDULE 6 - EXCEPTION SUPPLEMENTAL REPORT

LOANID GS_LOAN_NUMBER Investor Loan Number EXCEPTIONID EXCEPTIONIDDATE CONDITIONCATEGORY CONDITIONSTANDARDIZEDDESCRIPTION EXCEPTIONCHOSEN EDITEDEXCEPTION COMPENSATINGFACTORS FOLLOW-UPCOMMENTS EXCEPTION STATUS CLEAREDDATE OVERRIDEDATE EXCEPTIONLEVELGRADE COMPLETEDATE OUTSIDEQCDATE NOTEDATE PROPERTYSTATE OCCUPANCY PURPOSE
  32818371 XXXX XXXX XX/XX/XXXX Credit Credit Tax Returns Obtained Tax returns for the previous two (2) years, XXXX and XXXX were obtained and the borrower was qualified with Schedule C income however the tax returns were not signed as required.   Documentation provided is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  32818371 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  32818371 XXXX XXXX XX/XX/XXXX Compliance Compliance The loan is in compliance with all applicable laws and regulations The loan is in compliance with all applicable laws and regulations.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  32818386 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  32818386 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD - Settlement Agent License The license number is missing for the Settlement Agent Individual Contact on the last revised CD issued on XXXX. Truth in Lending Act (Regulation Z)12 CFR 1026.38(r)(3), (5)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  32818386 XXXX XXXX XX/XX/XXXX Compliance Compliance XXXX Tangible Net Benefit Disclosure The XXXX Tangible Net Benefit Disclosure is Missing. Required for all mortgage loans to evidence that the loan is beneficial to the borrower. XXXX Mortgage Loan Originator Licensing and Mortgage Company Registration ActColo. Rev. Stat. Ann. 12-61-904.5; 4 XXXX. Code Regs. ' 725-3, Rule 3-1-1, 5(5) / 4 XXX. Code Regs. ' 725-3, 5.8   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  32818386 XXXX XXXX XX/XX/XXXX Credit Credit Debts Not verified on credit report The application lists significant debts that were not verified on the credit report and not independently verified. The borrowers disclosed a new auto loan with XXXX, loan amount $XXXX and a $XXXX per month payment without providing supporting documentation.   Documentation provided is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417217 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417217 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417217 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Closing Information/File number Info The PCCD issued on XXXX does not reflect the correct File number. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(v)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417217 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD- 'Title' missing The SB2 Recording Fee on the PCCD is not preceded by the word 'Title'. Per Regulation, services related to the issuance of title insurance policies must be described with the word 'Title' at the beginning of the item. Truth in Lending Act (Regulation Z)12 CFR 1026.38(f)(2)-(3), 12 CFR 1029.38(g)(4)(i); 12 CFR 1026.37(f)(2)(i) & Official Comment 37(f)(2)-3, 12 CFR 1026.37(f)(3)(i)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417219 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417219 XXXX XXXX XX/XX/XXXX Compliance Compliance The loan is in compliance with all applicable laws and regulations The loan is in compliance with all applicable laws and regulations.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417219 XXXX XXXX XX/XX/XXXX Credit Credit REO PITI The Borrowers own other real estate and the PITI for each additional mortgage is not confirmed/documented. The 1003 reflected a mortgage with XXXX for $XXXX and a monthly payment of $XXXX for a new second home located XXXX which was documented with a Final 1008, tax cert and Hazard insurance policy; however, the Schedule of REO reflected an additional maintenance payment of $XXX which was not documented as required. It should be noted, a property search performed by the reviewer confirmed a monthly HOA payment of $XXXX per month.   Documentation provided is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417223 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Initial LE Delivery Date (from application) The loan failed the Initial Loan Estimate delivery date test (from application). The Initial LE issued on XXXX was not disclosed within 3 days of the application date, XXXX. Truth in Lending Act (Regulation Z)12 CFR 1026.19(e)(1)(iii)(A)   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417223 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID Tolerance - Zero Tolerance Violation (Disclosure Timing Fail) This loan failed the charges that cannot increase test. (12 CFR 1026.19(e)(3)(i)). The loan contains charges that exceed the good faith determination according to 1026.19(e)(3)(i). One or more of the final charges exceed the comparable amount. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions: Discount Points $XXXX, Administration Fee $XXXX, Appraisal $XXXX, Appraisal Rush $XXXX, Credit Report $XXXX, Credit Supplements $XXXX, Flood Certification $XXXX, Tax Service $XXXX. The violation may be cured if documentation is provided showing the disclosure was delivered timely. A cost to cure in the amount of $XXXX is required. Truth in Lending Act (Regulation Z). 12 CFR 2016.19(e)(3)(i); 12 CFR 1026.19(e)(3)(iv).   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417223 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - XX% Tolerance Violation Not Cured This loan failed the charges that in total cannot increase more than XX% test. (12 CFR 1026.19(e)(3)(ii)). The loan contains third-party services that the consumer was permitted to shop for and the charges exceed the good faith tolerance according to 1026.19(e)(3)(ii). The final charges that in total cannot increase more than XX% ($XXXX) exceed the comparable charges ($XXXX) by more than XX%. Because the loan failed the Initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely, will not be considered valid for tolerance purposes. Therefore, baseline did not reset as a result of the following additions: Title- Courier/Messenger $XXXX, Title- Lender's Title Insurance $XXXX, Title- Sales Tax Settlement Services $XXXX, Title- Settlement $XXXX, and Recording $XXXX. The violation may be cured if documentation is provided showing the disclosure was delivered timely. A cost to cure in the amount of $XXXX is required.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417223 XXXX XXXX XX/XX/XXXX Credit Credit AUS Missing The AUS is missing from the loan file. The Final 1008 indicates the subject loan received a DU Recommendation of Approve/Eligible; however, the AUS was not in the loan file.   Documentation provided is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417223 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD- Closing Information/Closing Date The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(ii)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417223 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - SPL - Late The Service Provider List issued on XXXX was not disclosed within 3 days of the application date, XXXX. Truth in Lending Act (Regulation Z)12 CFR 1026.19(e)(1)(vi)(C)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417223 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417224 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Post-Consummation CD delivery date Borrower paid amount The file contains a certified ALTA statement dated XX/XX/XXXX. The statement does not match the revised CD issued on XX/XX/XXXX, and no post consummation CD was provided in the file. Per  1026.19(f)(2)(iii), creditors must provide a corrected Closing Disclosure if an event in connection with the settlement occurs during the 30-calendar-day period after consummation that causes the Closing Disclosure to become inaccurate and results in a change to an amount paid by the consumer from what was previously disclosed. Per the CD, the consumer owed $XXXX at consummation; however, per the ALTA statement, the consumer received $XXXX. The fees appear to be in the following section: C. The fees are not subject to tolerance.     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417224 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD - Calculating Cash to Close LE column The Cash to Close on the CCTC table on page 3 of the CD issued on 11/18/2019 in the LE column does not match the Estimated Cash to Close on the CCTC table (page 2) of the revised LE issued on 11/11/2019.     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417224 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417224 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within 10% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417231 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417231 XXXX XXXX XX/XX/XXXX Compliance Compliance The loan is in compliance with all applicable laws and regulations The loan is in compliance with all applicable laws and regulations.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417231 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417256 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID- Seller CD- inaccurate seller credit The seller credits on the Seller's CD provided in the loan file do not match the seller credits on the consumer's CD. The Seller CD reflects a seller credit of $XXXX which was not disclosed on the consumer's CD. The settlement agent is required to provide the seller with the Closing Disclosure reflecting the actual terms of the seller's transaction. (' 1026.19(f)(4)(i)).   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417256 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Closing Information/Disbursement Date The CD issued on XXXX does not reflect the correct Disbursement Date when compared to the ALTA Statement. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(iii)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417256 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Post-Consummation CD delivery date Borrower paid amount The file contains a signed/certified ALTA statement dated XX/XX/XXXX. The statement does not match the revised CD issued on XXXX, and no post consummation CD was provided in the file. Per 1026.19(f)(2)(iii, creditors must provide a corrected Closing Disclosure if an event in connection with the settlement occurs during the 30-calendar-day period after consummation that causes the Closing Disclosure to become inaccurate and results in a change to an amount paid by the consumer from what was previously disclosed. Per the CD, the consumer owed $XXXX at consummation; however, per the ALTA statement, the consumer received $XXXX after providing funds to close in the amount of $XXXX. The fees appear to be in the following sections: B, C, E, F, G, L and K. The fees are subject to tolerance.     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417256 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Incorrect Section The Title-Lender's Title Insurance and Title-Signing Agent Fees were included in Section B of the CD issued on XXXX. However, these fees should have been entered under Section C. Truth in Lending Act (Regulation Z)12 CFR 1026.38(f), (g)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417256 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD- Closing Information/Closing Date The CD issued on XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(ii)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417256 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417256 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417257 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - XX% Tolerance Violation Not Cured The loan failed the charges that in total cannot increase more than XX% test due to the following: This loan failed the charges that in total cannot increase more than XX% test. (12 CFR 1026.19(e)(3)(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 1026.19(e)(3)(ii). The final charges that in total cannot increase more than XX% ($XXXX) exceed the comparable charges ($XXX) by more than XX%. A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: Courier/Messenger Fees, Lender's Title Insurance, Notary Fees, Recording Service Fee and Recording Fee. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, and copy of the refund. A cost to cure in the amount of $XXXX is required.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417257 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Closing Information/File number Info The CD issued on XX/XX/XXXX does not reflect the correct File number. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(v)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417257 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD- Section B incorrect payee The loan contains a fee or fees where 'compensation to' is blank under Section B- Services Borrower Did Not Shop For of the revised CD issued on XX/XX/XXXX. Per regulation 1026.38(f)(2), the name of the person/company ultimately receiving payment for service should be listed.     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417257 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD- Closing Information/Closing Date The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(ii)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417257 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417257 XXXX XXXX XX/XX/XXXX Credit Credit AUS Missing The Loan Transmittal indicates subject transaction Risk Assessment was completed through DU AUS receiving an Approve/Eligible, case ID #XXXX. However; the AUS is missing from the loan file. Additional conditions may apply after review.   Documentation provided is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417257 XXXX XXXX XX/XX/XXXX Credit Credit Hazard Insurance FNMA guidelines require either the Master Policy contains "all-in" coverage or an HO-6 Policy. The Master Policy does not indicate "all-in" coverage and the file does not contain a HO-6 Policy.   Documentation provided is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Other-than-first-time Home Purchase
  33417263 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417263 XXXX XXXX XX/XX/XXXX Compliance Compliance The loan is in compliance with all applicable laws and regulations The loan is in compliance with all applicable laws and regulations.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417263 XXXX XXXX XX/XX/XXXX Credit Credit AUS Missing The AUS is missing from the loan file. The loan transmittal reflected a risk assessment of DU Approve/Eligible with DU Case ID of XXXXX however it was not provided in file.   Documentation provided is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417276 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  33417276 XXXX XXXX XX/XX/XXXX Compliance Compliance The loan is in compliance with all applicable laws and regulations The loan is in compliance with all applicable laws and regulations.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  33417276 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  33417284 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417284 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied. 2055 obtained which supports value.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417284 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Missing Loan Estimate The initial and/or any revised Loan Estimate is missing. As a result, a full review for compliance with timing and tolerance requirements could not be performed. Truth in Lending Act (Regulation Z)12 CFR 1026.19(e)(1)(i)   The documentation provided is sufficient to cure the finding. Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33417284 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - SPL - Missing The file is missing a written list of Service Providers.   The documentation provided is sufficient to cure the finding. Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33744339 XXXX XXXX XX/XX/XXXX Credit Credit AUS Missing The AUS is missing from the loan file. The subject transaction was approved under the FNMA 30 year Fixed High Balance program; however the AUS is missing from the loan file submitted for review.   Documentation received is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  33744339 XXXX XXXX XX/XX/XXXX Compliance Compliance The loan is in compliance with all applicable laws and regulations The loan is in compliance with all applicable laws and regulations.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  33744339 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  33744342 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Debt Consolidation- Proceeds used to pay
  33744342 XXXX XXXX XX/XX/XXXX Compliance Compliance The loan is in compliance with all applicable laws and regulations The loan is in compliance with all applicable laws and regulations.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Debt Consolidation- Proceeds used to pay
  33744342 XXXX XXXX XX/XX/XXXX Credit Credit Debts Not verified on credit report The application lists significant debts that were not verified on the credit report and not independently verified. The loan application indicated one of the borrowers' rental properties located at XXXX was being refinanced simultaneously with the subject mortgage and 2 of the borrowers' current mortgages were being paid; however, the loan file did not contain a Closing Disclosure confirming the new payment for the rental property or confirming the 2 additional mortgages which were omitted from the qualifying DTI were paid off as required. It should be noted, the XXXX refinance was submitted for review and the Closing Disclosure in file confirmed the payment and the payoff of the required mortgages.   Documentation received is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Debt Consolidation- Proceeds used to pay
  33907964 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  33907964 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  33907964 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD- Closing Information/Closing Date The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(ii)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  33907964 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Initial LE Delivery Date (from application) This loan failed the initial loan estimate delivery date test (from application). (12 CFR 1026.19(e)(1)(iii)(A)) The Initial LE issued on XX/XX/XXXX was not disclosed within 3 days of the application date, XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.19(e)(1)(iii)(A)   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  33907964 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - SPL - Late The Service Provider List issued on XX/XX/XXXX was not disclosed within 3 days of the application date, XX/XX/XXXX. Truth in Lending Act (Regulation Z) 12 CFR 1026.19(e)(1)(vi)(C)   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  33907964 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID Tolerance - Zero Tolerance Violation (Disclosure Timing Fail) This loan failed the charges that cannot increase test. (12 CFR 1026.19(e)(3)(i)) The loan contains charges that exceed the good faith determination according to 1026.19(e)(3)(i). One or more of the final charges exceed the comparable amount. Because the loan failed the initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely will not be considered valid for tolerance purposes. The violation may be cured if documentation is provided showing the disclosure was delivered timely. A cost to cure in the amount of $XXXX is required ($XXXX applied at closing). Truth in Lending Act (Regulation Z) 12 CFR 2016.19(e)(3)(i); 12 CFR 1026.19(e)(3)(iv) Although the regulation requires the cure within 60 days of consummation, investor will accept 60 days from the discovery date, XX/XX/XXXX.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  33907964 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - XX% Tolerance Violation Not Cured This loan failed the charges that in total cannot increase more than XX% test. (12 CFR 1026.19(e)(3)(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 1026.19(e)(3)(ii). The final charges that in total cannot increase more than XX% ($XXXX) exceed the comparable charges ($XXX) by more than XX%. Because the loan failed the initial LE date test, any values that would change under a valid changed circumstance if the disclosure had been delivered timely will not be considered valid for tolerance purposes. The violation may be cured if documentation is provided showing the disclosure was delivered timely. A cost to cure in the amount of $XXXX is required. Although the regulation requires the cure within 60 days of consummation, investor will accept 60 days from the discovery date, XX/XX/XXXX.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  33907974 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33907974 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33907974 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Post-Consummation CD delivery date Borrower paid amount The file contains a signed/certified ALTA statement dated XX/XX/XXXX. The statement does not match the revised CD issued on XX/XX/XXXX, and no post consummation CD was provided in the file. Per  1026.19(f)(2)(iii), creditors must provide a corrected Closing Disclosure if an event in connection with the settlement occurs during the 30-calendar-day period after consummation that causes the Closing Disclosure to become inaccurate and results in a change to an amount paid by the consumer from what was previously disclosed. Per the CD, the consumer owed $XXXX at consummation; however, per the ALTA statement, the consumer received $XXXX. The fees appear to be in the following sections: C, E and F. The fees in section E are subject to tolerance but decreased.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33907981 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Second Home Other-than-first-time Home Purchase
  33907981 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Second Home Other-than-first-time Home Purchase
  33907981 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Post-Consummation CD delivery date Borrower paid amount The file contains a certified ALTA statement dated XX/XX/XXXX. The statement does not match the revised CD issued on XX/XX/XXXX, and no post consummation CD was provided in the file. Per  1026.19(f)(2)(iii), creditors must provide a corrected Closing Disclosure if an event in connection with the settlement occurs during the 30-calendar-day period after consummation that causes the Closing Disclosure to become inaccurate and results in a change to an amount paid by the consumer from what was previously disclosed. Per the CD, the consumer owed $XXXX at consummation; however, per the ALTA statement, the consumer received $XXXX. The fees appear to be in the following sections: C and E. The fees in section E are subject to tolerance but decreased.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Second Home Other-than-first-time Home Purchase
  33907981 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Closing Information/Disbursement Date The CD issued on XX/XX/XXXX does not reflect the correct Disbursement Date when compared to the ALTA Statement. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(iii)   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Second Home Other-than-first-time Home Purchase
  33907984 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33907984 XXXX XXXX XX/XX/XXXX Credit Credit Assets The file did not contain evidence the borrower had the proper amount of funds required. The Final 1003 reflects three accounts with XXXX, combined total assets of $XXXX (sufficient to close on the subject transaction). The loan file contained two months bank statements for one of these checking accounts, xXXXX, verifying total assets of $XXXX. The loan file did not contain the two months statements for XXX accounts xXXXX or xXXXX to support sufficient assets therefore leaving the borrowers short $XXXX to close.   Documentation received is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33907984 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Post-Consummation CD delivery date Borrower paid amount The file contains a signed/certified ALTA statement dated XX/XX/XXXX. The statement does not match the revised CD issued on XX/XX/XXXX and no post consummation CD was provided in the file. Per  1026.19(f)(2)(iii, creditors must provide a corrected Closing Disclosure if an event in connection with the settlement occurs during the 30-calendar-day period after consummation that causes the Closing Disclosure to become inaccurate and results in a change to an amount paid by the consumer from what was previously disclosed. Per the CD, the consumer owed $XXXX at consummation; however, per the ALTA statement, the consumer received $XXXX. The fees appear to be in the following sections: Section E, payoff and prepaid interest. The fees in section E decreased and the payoff and prepaid interests are not subject to tolerance.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33907984 XXXX XXXX XX/XX/XXXX Credit Credit Tax Payer First Act Disclosure Missing The file does not contain evidence that the Tax Payer First Act Disclosure was provided to the borrower.   Documentation received is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  33908019 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID Tolerance - Zero Tolerance Violation (No Valid COC) The loan failed the charges that cannot increase test.A valid change of circumstance was not provided in the loan file. Therefore, the increase to the following fees was not accepted: Flood Certification Fee and Tax Service Fee . If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, and copy of the refund. Truth in Lending Act (Regulation Z)12 CFR 2016.19(e)(3)(i); 12 CFR 1026.19(e)(3)(iv)A cost to cure in the amount of $XX is required. Although the regulation requires the cure within 60 days of consummation, investor will accept 60 days from the discovery date, XX/XX/XXXX.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  33908019 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD - Settlement Agent License The license number is missing for the Settlement Agent Individual Contact on the last revised CD issued on XX/XX/XXXX. Truth in Lending Act (Regulation Z)12 CFR 1026.38(r)(3), (5)   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  33908019 XXXX XXXX XX/XX/XXXX Credit Credit VVOE required No VVOE is in evidence in the file for the borrower or the co-borrower.   Documentation received is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  33908019 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD - Calculating Cash to Close LE column The Cash to Close on the CCTC table on page 3 of the CD issued on XX/XX/XXXX in the LE column does not match the Estimated Cash to Close on the CCTC table (page 2) of the revised LE issued on XX/XX/XXXX.     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  33908019 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393012 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393012 XXXX XXXX XX/XX/XXXX Compliance Compliance The loan is in compliance with all applicable laws and regulations The loan is in compliance with all applicable laws and regulations.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393012 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393017 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  34393017 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied. 2055 obtained which supports value within XX%.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  34393017 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Post-Consummation CD delivery date Borrower paid amount The file contains a certified ALTA statement dated XX/XX/XXXX. The statement does not match the revised CD issued on XX/XX/XXXX, and no post consummation CD was provided in the file. Per  1026.19(f)(2)(iii, creditors must provide a corrected Closing Disclosure if an event in connection with the settlement occurs during the 30-calendar-day period after consummation that causes the Closing Disclosure to become inaccurate and results in a change to an amount paid by the consumer from what was previously disclosed. Per the CD, the consumer owed $XXX at consummation; however, per the ALTA statement, the consumer received $XXXX. The fees appear to be in the following sections: C, E, and payoffs. The fees are not subject to tolerance.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  34393018 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  34393018 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  34393018 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Closing Information/Disbursement Date The CD issued on XX/XX/XXXX does not reflect the correct Disbursement Date when compared to the ALTA Statement. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(a)(3)(iii)   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  34393018 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Loan Disclosures/Escrow Account The Escrow Account Disclosure on the CD issued on XX/XX/XXXX is inaccurate due to the following: The Disclosure does not reflect whether the borrower declined or the lender does not offer an Escrow Account. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(l)(7)   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  34393018 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Post-Consummation CD delivery date Borrower paid amount The file contains a signed/certified ALTA statement dated XX/XX/XXXX. The statement does not match the revised CD issued on XX/XX/XXXX, and no post consummation CD was provided in the file. Per  1026.19(f)(2)(iii, creditors must provide a corrected Closing Disclosure if an event in connection with the settlement occurs during the 30-calendar-day period after consummation that causes the Closing Disclosure to become inaccurate and results in a change to an amount paid by the consumer from what was previously disclosed. Per the CD, the consumer owed $XXXX at consummation; however, per the ALTA statement, the consumer received $XXXX, after providing funds to close in the amount of $XXXX. The fees appear to be in the following sections: C and F. The fees are not subject to tolerance.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied First Time Home Purchase, as defined by American R
  34393046 XXXX XXXX XX/XX/XXXX Compliance Compliance The loan is in compliance with all applicable laws and regulations The loan is in compliance with all applicable laws and regulations.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  34393046 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  34393046 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Rate/Term Refinance -- Borrower initiated
  34393049 XXXX XXXX XX/XX/XXXX Compliance Compliance The loan is in compliance with all applicable laws and regulations The loan is in compliance with all applicable laws and regulations.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393049 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393049 XXXX XXXX XX/XX/XXXX Credit Credit Subordination Agreement All existing subordinate financing must be resubordinated. The loan file contained evidence that the 2nd mortgage being satisfied on the Settlement Statement was a revolving Home Equity Line of Credit however, the signed closure letter was not provided in the loan file as required.   Documentation received is sufficient. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393068 XXXX XXXX XX/XX/XXXX Compliance Compliance The loan is in compliance with all applicable laws and regulations The loan is in compliance with all applicable laws and regulations.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393068 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393068 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393072 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD- Closing Information/Closing Date The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(ii)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393072 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Incorrect Section The Title - Insurance/Service Fees were included in Section C. Services Borrower Did Shop For of the CD issued on XX/XX/XXXX. However, the title fees should have been entered under Section B. Services Borrower Did Not Shop For. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(f), (g) Services You Can Shop For     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393072 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393072 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393072 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Initial CD Delivery Date (prior to consummation) This loan failed the initial Closing Disclosure delivery date test. Without evidence of receipt, it is assumed that the disclosure dated XX/XX/XXXX was mailed, and therefore, not received by the Non-Borrower (-with the Right to Rescind) 3 business days prior to consummation. If the disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393073 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393073 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393073 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID Tolerance - Zero Tolerance Violation (No Valid COC) The loan failed the charges that cannot increase test.A valid change of circumstance was not provided in the loan file. Therefore, the increase/addition to the following fees was not accepted: The appraisal fee increased from $XXX to $XXX. If curing the violation with a refund, the following documents are required: LOE to consumer(s), PCCD, and copy of the refund. Truth in Lending Act (Regulation Z)12 CFR 2016.19(e)(3)(i); 12 CFR 1026.19(e)(3)(iv)A cost to cure in the amount of $XX is required.   Initial CD provided is sufficient to clear this exception (resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393073 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Initial CD Delivery Date (prior to consummation) This loan failed the initial closing disclosure delivery date test. The Closing Disclosure was not received by the borrower at least three business days prior to the Consummation Date. The CD issued on XX/XX/XXXX was signed and dated at consummation, XX/XX/XXXX. If disclosure was delivered electronically evidence of receipt as well as the consumer's E-consent is required.   The documentation provided is not sufficient to cure the finding. Per the disclosure tracking provided the CD issued on XX/XX/XXXX was not viewed and signed until XX/XX/XXXX. The loan closed on XX/XX/XXXX therefore the Closing Disclosure was not received by the borrower at least three business days prior to Consummation. (Upheld)The Initial CD dated XX/XX/XXXX has been provided and is sufficient to cure the exception. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393073 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Post-Consummation CD delivery date Borrower paid amount The file contains a signed/certified ALTA statement dated XX/XX/XXXX. The statement does not match the revised CD issued on XX/XX/XXXX, and no post consummation CD was provided in the file. Per  1026.19(f)(2)(iii, creditors must provide a corrected Closing Disclosure if an event in connection with the settlement occurs during the 30-calendar-day period after consummation that causes the Closing Disclosure to become inaccurate and results in a change to an amount paid by the consumer from what was previously disclosed. Per the CD, the consumer owed $XXXX at consummation; however, per the ALTA statement, the consumer received $XXXX. The fees appear to be in the following sections: C and E. The fees in section E are subject to tolerance.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393073 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD- Closing Information/Closing Date The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(ii)   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393075 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393075 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393075 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Post-Consummation CD delivery date Borrower paid amount The file contains a signed/certified ALTA statement dated XX/XX/XXXX. The statement does not match the revised CD issued on XX/XX/XXXX and no post consummation CD was provided in the file. Per  1026.19(f)(2)(iii), creditors must provide a corrected Closing Disclosure if an event in connection with the settlement occurs during the 30-calendar-day period after consummation that causes the Closing Disclosure to become inaccurate and results in a change to an amount paid by the consumer from what was previously disclosed. Per the CD, the consumer owed $XXXX at consummation; however, per the ALTA statement, the consumer received $XXXX. The fees appear to be in the following sections: C, E and F. The fees are subject to tolerance but decreased.   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393076 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393076 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393076 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Initial CD Delivery Date (prior to consummation) The loan failed the Initial Closing Disclosure delivery date test. The Closing Disclosure was not received by the Co-Borrower at least three business days prior to the Consummation Date. The CD issued on XX/XX/XXXX was signed and dated XX/XX/XXXX. Therefore, the CD was not received by the consumer with the right to rescind 3 business days prior to the consummation date, XX/XX/XXXX. If disclosure was delivered electronically, evidence of receipt as well as the consumer's E-consent is required.   The documentation provided is sufficient to cure the finding.(Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393076 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Closing Information/Disbursement Date The CD issued on XX/XX/XXXX does not reflect the correct Disbursement Date when compared to the ALTA Statement. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(iii)   The documentation provided is sufficient to cure the finding.(Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393076 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Post-Consummation CD delivery date Borrower paid amount The file contains a certified ALTA statement dated XX/XX/XXXX. The statement does not match the revised CD dated XX/XX/XXXX, and no post consummation CD was provided in the file. Per 1026.19(f)(2)(iii), creditors must provide a corrected Closing Disclosure if an event in connection with the settlement occurs during the 30-calendar-day period after consummation that causes the Closing Disclosure to become inaccurate and results in a change to an amount paid by the consumer from what was previously disclosed. Per the CD, the consumer received $XXX at consummation; however, per the ALTA statement, the consumer received $XXXX. The fees appear to be in the following sections: E. Taxes and Other Government Fees, Payoffs and Payment. The fees in Section E. are subject to tolerance.   The documentation provided is sufficient to cure the finding.(Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Cash Out: Other/Multipurpose/Unknown purpose
  34393077 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393077 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied. 2055 obtained which supports value within XX%.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393077 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Post-Consummation CD delivery date Borrower paid amount The file contains a signed/certified ALTA statement dated, XX/XX/XXXX. The statement does not match the revised CD issued on, XX/XX/XXXX, and no post consummation CD was provided in the file. Per  1026.19(f)(2)(iii), creditors must provide a corrected Closing Disclosure if an event in connection with the settlement occurs during the 30-calendar-day period after consummation that causes the Closing Disclosure to become inaccurate and results in a change to an amount paid by the consumer from what was previously disclosed. Per the CD, the consumer received $XXXX at consummation; however, per the ALTA statement, the consumer received, $XXX. The fees appear to be in the following sections: C, E and payoffs. The fees in section C are not subject to tolerance and fees section E are subject to tolerance, but decreased.   The documentation provided is sufficient to cure the finding.(Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393077 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Closing Information/Disbursement Date The CD issued on, XX/XX/XXXX does not reflect the correct Disbursement Date when compared to the ALTA Statement. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(iii).   The documentation provided is sufficient to cure the finding.(Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393077 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD- Closing Information/Closing Date The CD issued on, XX/XX/XXXX, does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(ii).   The documentation provided is sufficient to cure the finding.(Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393077 XXXX XXXX XX/XX/XXXX Compliance Compliance State Consumer Credit Laws/Regulations - Prohibited Fees The loan failed the XXXX prohibited lender fees test. This loan failed the per diem interest amount test. (XX Bus. Prof. Code 2948.5)The per diem interest amount charged on the loan ($XXXX) exceeds the per diem interest charge or credit threshold($XXXX).   The documentation provided is sufficient to cure the finding.(Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393077 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Loan Disclosures/Demand Feature The Demand Feature Disclosure on the CD issued on XX/XX/XXXX is inaccurate due to the following: The Demand Feature Disclosure is not completed. Truth in Lending Act (Regulation Z). 12 CFR 1026.38(l)(2).   The documentation provided is sufficient to cure the finding.(Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393077 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Loan Disclosures/Negative Amortization The Negative Amortization Disclosure on the CD issued on XX/XX/XXXX is inaccurate due to the following: The Negative Amortization Disclosure is not completed.   The documentation provided is sufficient to cure the finding.(Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393082 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Transaction Information/Buyer Info The CD issued on, XX/XX/XXXX, does not reflect the correct Borrower address when compared to the Note. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(4)(i).     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393082 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393082 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393082 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Closing Information/Disbursement Date The CD issued on, XX/XX/XXXX, does not reflect the correct Disbursement Date when compared to the ALTA Statement. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(iii).   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393082 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD- Closing Information/Closing Date The CD issued on, XX/XX/XXXX, does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(ii).   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393082 XXXX XXXX XX/XX/XXXX Compliance Compliance State Consumer Credit Laws/Regulations - Prohibited Fees The loan failed the XXXX prohibited lender fees test. This loan failed the per diem interest amount test. (XX Bus. Prof. Code 2948.5)The per diem interest amount charged on the loan ($XXXX) exceeds the per diem interest charge or credit threshold ($XXXX).   The documentation provided is sufficient to cure the finding. (Resolved) Resolved XX/XX/XXXX   1     XX/XX/XXXX XX Owner Occupied Limited Cash-Out (GSE Definition)
  34393084 XXXX XXXX XX/XX/XXXX Credit Credit The loan meets all applicable credit guidelines The loan meets all applicable credit guidelines.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Second Home Other-than-first-time Home Purchase
  34393084 XXXX XXXX XX/XX/XXXX Valuation Valuation Value is supported within XX% of original appraisal amount The appraised value was supported within XX% and all applicable appraisal guidelines were satisfied.     Cleared XX/XX/XXXX   1     XX/XX/XXXX XX Second Home Other-than-first-time Home Purchase
  34393084 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - Post-Consummation CD delivery date Borrower paid amount The file contains a signed ALTA statement dated XX/XX/XXXX. The statement does not match the revised CD issued on XX/XX/XXXX, and no post consummation CD was provided in the file. Per  1026.19(f)(2)(iii, creditors must provide a corrected Closing Disclosure if an event in connection with the settlement occurs during the 30-calendar-day period after consummation that causes the Closing Disclosure to become inaccurate and results in a change to an amount paid by the consumer from what was previously disclosed. Per the CD, the consumer owed $XXXX at consummation; however, per the ALTA statement, the consumer owed $XXXX. The fees appear to be in the following sections: B, E, and H. The fees in sections B and E are subject to tolerance.     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Second Home Other-than-first-time Home Purchase
  34393084 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD- Closing Information/Closing Date The CD issued on XX/XX/XXXX does not reflect the correct Closing Date when compared to the notary signature date on the Security Instrument. Truth in Lending Act (Regulation Z)12 CFR 1026.38(a)(3)(ii)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Second Home Other-than-first-time Home Purchase
  34393084 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID - SPL - Missing The file is missing a written list of Service Providers.   The documentation provided is not sufficient to cure the finding. The SPL provided is dated XX/XX/XXXX. Unable to clear with this SPL. Please provide SPL dated within time frame of loan. (Upheld) Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Second Home Other-than-first-time Home Purchase
  34393084 XXXX XXXX XX/XX/XXXX Compliance Compliance TRID CD ' Loan Disclosures/Demand Feature The Demand Feature Disclosure on the CD issued on XX/XX/XXXX is inaccurate due to the following: The Demand Feature Disclosure is not completed. Truth in Lending Act (Regulation Z) 12 CFR 1026.38(l)(2)     Acknowledged XX/XX/XXXX   2     XX/XX/XXXX XX Second Home Other-than-first-time Home Purchase