Goldman Sachs - GSMBS 2020-RPL2 - Compliance Findings Exception Detail

GS Loan Number

Seller/Servicer Loan Number

Seller Loan ID

Last Name

Purpose

Occupancy

Note Date

State

Original Loan Amount

Loan Status

Exception Date

Exception Category

Exception Sub Category

Exception Type

Exception Status

Status Change Date

Exception Grade

Loan Exception ID

Exception

Exception Detail

Exception Information

Compensating Factors

Seller Comments

Buyer Comments

Reviewer Comments

Exception Remediation

Missing Final Til

Missing Final HUD

Missing Title Policy

18937933

7090822

XXXX

Refinance-No Cash Out

XXXX

Sent to Client

XXXX

Compliance

Right to Rescind Missing > 36 Mos

Compliance

XXXX

21752670

Right to Rescind Missing > 36 Mos

The file contains no evidence of the Right to Cancel Notice. The loan reviewed contains a note dated more than 36 months old, outside the applicable statute of limitations per 15 USC 1640(e).

Included

18937952

7148679

XXXX

Refinance-Equity Takeout

XXXX

Sent to Client

XXXX

Compliance

The loan is in compliance with all applicable laws and regulations

Compliance

XXXX

21751886

The loan is in compliance with all applicable laws and regulations

The loan is in compliance with all applicable laws and regulations.

Included

Missing

18938077

11664893

XXXX

Refinance-Equity Takeout

XXXX

Sent to Client

XXXX

Compliance

Disclosed Finance Charge Must Be > = Actual Finance Charge - $100 > 36 Mos

Compliance

XXXX

21752632

Disclosed Finance Charge Must Be > = Actual Finance Charge - $100 > 36 Mos

This loan failed the TILA finance charge test.(12 CFR §1026.18(d)(1), transferred from 12 CFR §226.18(d)(1))The finance charge is XXXX The disclosed finance charge of XXXX is not considered accurate because it is understated by more than XXXX loan reviewed contains a note dated more than 36 months old, outside the applicable statute of limitations per 15 USC 1640(e)..

Included

18938077

11664893

XXXX

Refinance-Equity Takeout

XXXX

Sent to Client

XXXX

Compliance

Disclosed Finance Charge Must Be > = Actual Finance Charge - $35 > 36 Mos

Compliance

XXXX

21752635

Disclosed Finance Charge Must Be > = Actual Finance Charge - $35 > 36 Mos

This loan failed the TILA foreclosure rescission finance charge test. (12 CFR §1026.23(h), transferred from 12 CFR §226.23(h)) The finance charge is XXXX The disclosed finance charge of XXXX is not considered accurate for purposes of rescission because it is understated by more than $35The loan reviewed contains a note dated more than 36 months old, outside the applicable statute of limitations per 15 USC 1640(e).

Included

18938454

13074380

XXXX

Refinance-No Cash Out

XXXX

Sent to Client

XXXX

Compliance

The loan is in compliance with all applicable laws and regulations

Compliance

XXXX

21752827

The loan is in compliance with all applicable laws and regulations

The loan is in compliance with all applicable laws and regulations.

Included

18939998

16398208

XXXX

Refinance-No Cash Out

XXXX

Sent to Client

XXXX

Compliance

The loan is in compliance with all applicable laws and regulations

Compliance

XXXX

21753129

The loan is in compliance with all applicable laws and regulations

Included

18939884

7602131853

XXXX

Other

XXXX

Sent to Client

XXXX

Closing

HUD-1 Final

Closing

XXXX

21752931

HUD-1 Final

It could not be determined that the HUD-1 provided in the loan file was the FINAL binding HUD-1. Missing

Missing

Included

18939884

7602131853

XXXX

Other

XXXX

Sent to Client

XXXX

Compliance

Missing HUD

Compliance

XXXX

21752933

Missing HUD

There is no evidence of a HUD-1 Settlement Statement provided in the loan file. The auditor could not evaluate compliance to agency guidelines.

Missing

Included

18939884

7602131853

XXXX

Other

XXXX

Sent to Client

XXXX

Compliance

TIL Missing

Compliance

XXXX

21752934

TIL Missing

There was no evidence of any TILs in the loan file. The auditor could not evaluate compliance to agency guidelines.

Missing

Included

18939884

7602131853

XXXX

Other

XXXX

Sent to Client

XXXX

Compliance

Missing Note

Compliance

XXXX

21752935

Missing Note

The Note was missing from the file. The auditor could not evaluate compliance to agency guidelines.

Missing

Included

18939884

7602131853

XXXX

Other

XXXX

Sent to Client

XXXX

Compliance

Right to Rescind Missing

Compliance

XXXX

21752937

Right to Rescind Missing

The file contains no evidence of the Right to Cancel Notice.

Missing

Included

18939644

17307943

XXXX

Refinance-Equity Takeout

XXXX

Sent to Client

XXXX

Compliance

The loan is in compliance with all applicable laws and regulations

Compliance

XXXX

21754209

The loan is in compliance with all applicable laws and regulations

Included

18934347

17590043

XXXX

Refinance-No Cash Out

XXXX

In Print Batch

XXXX

Compliance

Disclosures Federal Late

Compliance

XXXX

21695348

Disclosures Federal Late

The following disclosures provided in the loan file were not disclosed within 3 business days of the not able to application date. Service disclosures. The loan file does not contain an initial application to determine if the Servicing Disclosure was delivered within 3 business days from the application date.

Included

Missing

18934362

17589854

XXXX

Refinance-Equity Takeout

XXXX

In Print Batch

XXXX

Closing

Miscellaneous Closing Documentation

Closing

XXXX

21692071

Miscellaneous Closing Documentation

There were additional observations regarding the closing documentation. The flood cert was missing from the loan file.

Missing

Included

18934362

17589854

XXXX

Refinance-Equity Takeout

XXXX

In Print Batch

XXXX

Compliance

Final TIL

Compliance

XXXX

21692064

Final TIL

The initial TIL and any revised TIL(s) could not be located in the loan file. As a result the following reviews could not be performed: Federal TILA, Section 32, Federal, State, and Local High Costs Test, Anti-Predatory Lending statutes.

Missing

Included

18934362

17589854

XXXX

Refinance-Equity Takeout

XXXX

In Print Batch

XXXX

Compliance

Missing HUD

Compliance

XXXX

21692068

Missing HUD

There is no evidence of a HUD-1 Settlement Statement provided in the loan file. As a result the following reviews could not be performed: Federal TILA, Section 32, Federal, State, and Local High Costs Test, Anti-Predatory Lending statutes.

Missing

Included

18934362

17589854

XXXX

Refinance-Equity Takeout

XXXX

In Print Batch

XXXX

Compliance

Disclosures Federal Missing

Compliance

XXXX

21692070

Disclosures Federal Missing

The file was found to be missing the following federally required disclosures: Servicing Disclosure.

Missing

Included

18934362

17589854

XXXX

Refinance-Equity Takeout

XXXX

In Print Batch

XXXX

Compliance

Right to Rescind

Compliance

XXXX

21692077

Right to Rescind

The Right to Cancel was missing from the loan file. The loan reviewed contains a note date more than 36 months old and the statute of limitations have run out.

Missing

Included

18934582

17586983

XXXX

Refinance-No Cash Out

XXXX

In Print Batch

XXXX

Compliance

The loan is in compliance with all applicable laws and regulations

Compliance

XXXX

21691407

The loan is in compliance with all applicable laws and regulations

Not Signed

Included

18934762

17513060

XXXX

Purchase

XXXX

In Print Batch

XXXX

Compliance

Disclosures Federal Missing

Compliance

XXXX

21691510

Disclosures Federal Missing

The file was found to be missing one or more of the federally required servicing disclosures. Service Provider List.

Included

18934783

17510868

XXXX

Purchase

XXXX

In Print Batch

XXXX

Compliance

Disclosures Federal Missing

Compliance

XXXX

21694785

Disclosures Federal Missing

The file was found to be missing one or more of the federally required disclosures. Servicing Disclosure.

Included

18934784

17510819

XXXX

Purchase

XXXX

In Print Batch

XXXX

Compliance

The loan is in compliance with all applicable laws and regulations

Compliance

XXXX

21691258

The loan is in compliance with all applicable laws and regulations

Included

18934796

17510041

XXXX

Purchase

XXXX

In Print Batch

XXXX

Compliance

Missing ARM Disclosure

Compliance

XXXX

21691299

Missing ARM Disclosure

The file contains no evidence that the ARM Disclosure was provided to the borrower.

Included

18934796

17510041

XXXX

Purchase

XXXX

In Print Batch

XXXX

Compliance

Disclosures Federal Missing

Compliance

XXXX

21691300

Disclosures Federal Missing

The file was found to be missing one or more of the federally required disclosures. Service Providers List.

Included

18934796

17510041

XXXX

Purchase

XXXX

In Print Batch

XXXX

Compliance

Introductory Rate

Compliance

XXXX

21691334

Introductory Rate

The interest rate used at consummation is determined to be a discounted introductory rate based on information provided in the loan file. Per Reg Z 1026.18(s)(iii), the Introductory Rate Notice required was not disclosed on the final TIL.

Included

18934828

17506601

XXXX

Purchase

XXXX

In Print Batch

XXXX

Compliance

Disclosures Federal Missing

Compliance

XXXX

21692112

Disclosures Federal Missing

The file was found to be missing one or more of the federally required disclosures; Servicing Disclosure.

Included

18934828

17506601

XXXX

Purchase

XXXX

In Print Batch

XXXX

Compliance

Missing ARM Disclosure

Compliance

XXXX

21692113

Missing ARM Disclosure

The file contains no evidence that the ARM Disclosure was provided to the borrower.

Included

18934832

17506114

XXXX

Purchase

XXXX

In Print Batch

XXXX

Compliance

Missing ARM Disclosure

Compliance

XXXX

21684163

Missing ARM Disclosure

The file contains no evidence that the ARM Disclosure was provided to the borrower.

Included

18934832

17506114

XXXX

Purchase

XXXX

In Print Batch

XXXX

Compliance

Disclosures Federal Missing

Compliance

XXXX

21684164

Disclosures Federal Missing

The file was found to be missing the following federally required disclosures: Servicing Disclosure.

Included

18934832

17506114

XXXX

Purchase

XXXX

In Print Batch

XXXX

Compliance

Introductory Rate

Compliance

XXXX

21684486

Introductory Rate

Included

18934850

17504218

XXXX

Refinance-No Cash Out

XXXX

In Print Batch

XXXX

Compliance

Missing ARM Disclosure

Compliance

XXXX

21694686

Missing ARM Disclosure

The file contains no evidence that the ARM Disclosure was provided to the borrower.

Included

Missing

18934850

17504218

XXXX

Refinance-No Cash Out

XXXX

In Print Batch

XXXX

Compliance

Introductory Rate

Compliance

XXXX

21694688

Introductory Rate

Included

Missing

18934850

17504218

XXXX

Refinance-No Cash Out

XXXX

In Print Batch

XXXX

Compliance

Disclosures Federal

Compliance

XXXX

21694710

Disclosures Federal

The file was found to be missing one or more of the federally required disclosures or they were found to contain errors. Servicing Disclosure.

Included

Missing

18935983

17339136

XXXX

Other

XXXX

In Print Batch

XXXX

Compliance

Introductory Rate

Compliance

XXXX

21691336

Introductory Rate

Included

Missing

18935983

17339136

XXXX

Other

XXXX

In Print Batch

XXXX

Compliance

Disclosures Federal Late

Compliance

XXXX

21691341

Disclosures Federal Late

The Servicing Disclosure provided in the loan file was not dated within 3 business days of the application date of XXXX

Included

Missing

18936242

16370702

XXXX

Refinance-Equity Takeout

XXXX

In Print Batch

XXXX

Compliance

Disclosures Federal Late

Compliance

XXXX

21684070

Disclosures Federal Late

The following disclosures provided in the loan file were not disclosed within 3 business days of the application date, XXXX Servicing Disclosure.

Included

23227521

7602016249

XXXX

Purchase

XXXX

Sent to Client

XXXX

Compliance

Appraisal Notice Late

Compliance

XXXX

21774444

Appraisal Notice Late

The Notice to Applicant of Right to Receive a Copy of an Appraisal Report was not disclosed within 3 days of the application date.

Included

23227521

7602016249

XXXX

Purchase

XXXX

Sent to Client

XXXX

Compliance

TRID- SPL Late

Compliance

XXXX

21774531

TRID- SPL Late

A written list of Service Providers was not disclosed within 3 business days of the application date or 7 business days before the Consummation Date.

Included

23227521

7602016249

XXXX

Purchase

XXXX

Sent to Client

XXXX

Credit

The loan meets all applicable credit guidelines

Credit

XXXX

21774331

The loan meets all applicable credit guidelines

The loan meets all applicable credit guidelines.

Included

23227529

7602016079

XXXX

Purchase

XXXX

Sent to Client

XXXX

Compliance

TIL Missing

Compliance

XXXX

21771135

TIL Missing

There was no evidence of any TILs in the loan file. The auditor could not evaluate compliance to agency guidelines.

Missing

Included

23227529

7602016079

XXXX

Purchase

XXXX

Sent to Client

XXXX

Compliance

Missing HUD

Compliance

XXXX

21771138

Missing HUD

There is no evidence of a HUD-1 Settlement Statement provided in the loan file. The auditor could not evaluate compliance to agency guidelines.

Missing

Included

23227529

7602016079

XXXX

Purchase

XXXX

Sent to Client

XXXX

Compliance

Flood Cert Missing

Compliance

XXXX

21771139

Flood Cert Missing

The Flood Cert is missing from the Loan file.

Missing

Included

23227694

7602017172

XXXX

Cash out Refinance

XXXX

Sent to Client

XXXX

Compliance

Missing HUD

Compliance

XXXX

21771924

Missing HUD

There is no evidence of a HUD-1 Settlement Statement provided in the loan file. The auditor could not evaluate compliance to agency guidelines.

Missing

Included

23227694

7602017172

XXXX

Cash out Refinance

XXXX

Sent to Client

XXXX

Compliance

TIL Missing

Compliance

XXXX

21771926

TIL Missing

There was no evidence of any TILs in the loan file. The auditor could not evaluate compliance to agency guidelines.

Missing

Included

23227694

7602017172

XXXX

Cash out Refinance

XXXX

Sent to Client

XXXX

Compliance

Flood Cert Missing

Compliance

XXXX

21771927

Flood Cert Missing

The Flood Cert is missing from the Loan file.

Missing

Included

23227725

7602016964

XXXX

Rate/Term Refinance

XXXX

Sent to Client

XXXX

Compliance

Flood Cert Missing

Compliance

XXXX

21772590

Flood Cert Missing

The Flood Cert was missing from the Loan file.

Included

23227759

7602015405

XXXX

Purchase

XXXX

Sent to Client

XXXX

Compliance

TIL Missing

Compliance

XXXX

21771436

TIL Missing

There was no evidence of any TILs in the loan file. The auditor could not evaluate compliance to agency guidelines.

Missing

Included

Missing

23227759

7602015405

XXXX

Purchase

XXXX

Sent to Client

XXXX

Compliance

Flood Cert Missing

Compliance

XXXX

21771467

Flood Cert Missing

The Flood Cert is missing from the Loan file.

Missing

Included

Missing

23227759

7602015405

XXXX

Purchase

XXXX

Sent to Client

XXXX

Compliance

Inaccurate Mortgage

Compliance

XXXX

21771481

Inaccurate Mortgage

The Mortgage was not completed accurately. Missing Manufactured Home Rider.

Missing

Included

Missing

23227784

7602015900

XXXX

Cash out Refinance

XXXX

Sent to Client

XXXX

Compliance

Initial GFE Late

Compliance

XXXX

21774004

Initial GFE Late

The Initial GFE Date is more than 3 business days from the Application Date.

Included

23227792

7602016883

XXXX

Cash Out Other

XXXX

Sent to Client

XXXX

Compliance

The loan is in compliance with all applicable laws and regulations

Compliance

XXXX

21773510

The loan is in compliance with all applicable laws and regulations

Included