XXXX

Seller:                              

Deal ID:                              

Total Loan Count: 32

Loan Number

Last Name

Note Date

Original Loan Amount

QM Status

ATR Status

Initial Rating

Final Rating

Initial Credit Rating

Final Credit Rating

Initial Compliance Rating

Final Compliance Rating

Initial Property Valuation Rating

Final Property Valuation Rating

Initial Overall Grade(Moody's)

Final Overall Grade(Moody's)

Initial Credit Grade (Moody's)

Final Credit Grade (Moody's)

Initial Property Valuation Grade (Moody's)

Final Property Valuation Grade (Moody's)

Initial Compliance Grade (Moody's)

Final Compliance Grade (Moody's)

Initial Overall Grade (DBRS)

Final Overall Grade (DBRS)

Initial Credit Grade (DBRS)

Final Credit Grade (DBRS)

Initial Property Valuation Grade (DBRS)

Final Property Valuation Grade (DBRS)

Initial Compliance Grade (DBRS)

Final Compliance Grade (DBRS)

Initial Overall Grade (S&P)

Final Overall Grade (S&P)

Initial Credit Grade (S&P)

Final Credit Grade (S&P)

Initial Property Valuation Grade (S&P)

Final Property Valuation Grade (S&P)

Initial Compliance Grade (S&P)

Final Compliance Grade (S&P)

Initial Overall Grade (Fitch)

Final Overall Grade (Fitch)

Initial Credit Grade (Fitch)

Final Credit Grade (Fitch)

Initial Property Valuation Grade (Fitch)

Final Property Valuation Grade (Fitch)

Initial Compliance Grade (Fitch)

Final Compliance Grade (Fitch)

Initial Overall Loan Grade (Morningstar)

Final Overall Loan Grade (Morningstar)

Initial Credit Grade (Morningstar)

Final Credit Grade (Morningstar)

Initial Property Valuation Grade (Morningstar)

Final Property Valuation Grade (Morningstar)

Initial Compliance Grade(Morningstar)

Final Compliance Grade(Morningstar)

32818371

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

1

3

1

1

1

1

1

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

32818386

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

2

3

1

3

2

1

1

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

33417217

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

2

2

1

1

2

2

1

1

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

33417219

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

1

3

1

1

1

1

1

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

33417223

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

2

3

1

3

2

1

1

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

33417224

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

2

2

1

1

2

2

1

1

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

33417231

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

1

1

1

1

1

1

1

1

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

33417256

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

2

1

1

3

2

1

1

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

33417257

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

2

3

1

3

2

1

1

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

C

B

C

A

A

A

C

B

33417263

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

1

3

1

1

1

1

1

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

33417276

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

1

1

1

1

1

1

1

1

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

33417284

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

4

1

1

1

4

1

1

1

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

D

A

A

A

A

A

D

A

33744339

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

1

3

1

1

1

1

1

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

33744342

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

2

1

2

1

1

1

1

1

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

33907964

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

2

1

1

3

2

1

1

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

33907974

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

2

1

1

1

2

1

1

1

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

33907981

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

2

1

1

1

2

1

1

1

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

33907984

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

1

3

1

2

1

1

1

C

A

C

A

A

A

B

A

C

A

C

A

A

A

B

A

C

A

C

A

A

A

B

A

C

A

C

A

A

A

B

A

C

A

C

A

A

A

B

A

33908019

XXXX

XXXX

XXXX

QM Safe Harbor

ATR Compliant

3

2

2

1

3

2

1

1

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

C

B

B

A

A

A

C

B

34393012

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

1

1

1

1

1

1

1

1

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

34393017

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

2

1

1

1

2

1

1

1

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

34393018

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

1

1

1

3

1

1

1

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

34393046

XXXX

XXXX

XXXX

QM Safe Harbor

ATR Compliant

1

1

1

1

1

1

1

1

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

34393049

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

2

1

2

1

1

1

1

1

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

34393068

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

1

1

1

1

1

1

1

1

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

A

34393072

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

2

1

1

3

2

1

1

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

C

B

A

A

A

A

C

B

34393073

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

1

1

1

3

1

1

1

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

34393075

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

2

1

1

1

2

1

1

1

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

B

A

A

A

A

A

B

A

34393076

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

1

1

1

3

1

1

1

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

34393077

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

3

1

1

1

3

1

1

1

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

C

A

A

A

A

A

C

A

34393082

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

2

2

1

1

2

2

1

1

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

34393084

XXXX

XXXX

XXXX

QM-Temporary

ATR Compliant

2

2

1

1

2

2

1

1

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B

B

B

A

A

A

A

B

B