Seller

Alt Loan ID

Loan ID

Seller Loan ID

Investor Loan ID

Queue

Created Date

Last Modified Date

Finding Status

Event Level

Finding Category

Finding Sub Category

Finding Name

Reviewer Comments

Seller Comments

Finding Resolution

Finding Document

Reviewer Comp Factors

Originator Comp Factors

State

Occupancy

Loan Purpose

Refinance Purpose

Unique Finding ID

Acknowledged / Waived By

Waiver in File?

XXXX

20250617183

XXXX

Closed

2024-08-XX 17:13

2025-02-XX 15:54

Waived

2 - Non-Material

Credit

Eligibility

Audited Loan Amount is less than Guideline Minimum Loan Amount

Waived-Lender provided approved exception dated post origination and all lender compensating factors have been documented and validated. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-02/19/2025

Acknowledged-Lender provided approved exception dated post origination and all lender compensating factors have been documented and validated. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-09/17/2024

Open-Audited Loan Amount of $XX,XXX.XX is less than the Guideline Minimum Loan Amount of $50000 - Due Diligence Vendor-09/17/2024

Ready for Review-Document Uploaded. PFA update exception form for DTI exceeding 50% and loan amount lesser than $50,000, using future guideline dated XX/XX/XXXX

- Buyer-09/17/2024

Counter-Exception submitted only contains 1 comp factor. Additionally, XXX has been included in rental calculations for the properties that have it documented on the taxes. There is no evidence of XXX dues on Property B on the XXXX Schedule E. - Due Diligence Vendor-08/28/2024

Ready for Review-Document Uploaded. Please find attached exception form removing minimal consumer debt compensating factor. - Buyer-08/28/2024

Open-Audited Loan Amount of $XX,XXX.XX is less than the Guideline Minimum Loan Amount of $50000 The loan file contains an exception for the loan amount. However, the approved DTI was 49.42% and the review DTI was 50.26%, which exceeded the guideline maximum. Also, one of the comp factors was minimal consumer debt, but the loan approval called for payoffs at closing which were not paid off. - Due Diligence Vendor-08/15/2024

XXXXXXXXXX XXXXXXXX Exception Form.pdf

1. Credit Score >/= 10+ Points more than qualifying

2. Minimal debts / Revolving accounts

3. No derogatory debts

Investment

Refinance

Cash Out - Other

XXX

Originator Post-Close

XXXX

20250617183

XXXX

Closed

2024-08-XX 17:13

2025-02-XX 15:52

Waived

2 - Non-Material

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Acknowledged-. - Due Diligence Vendor-09/25/2024

Open-Audited DTI of 50.26% exceeds Guideline DTI of 50% - Due Diligence Vendor-09/17/2024

Ready for Review-Document Uploaded. PFA update exception form for DTI exceeding 50%, using future guideline dated XX/XX/XXXX - Buyer-09/17/2024

Ready for Review-Document Uploaded. PFA updated exception form. DTI within 50% - Buyer-08/28/2024

Open-Audited DTI of 50.26% exceeds Guideline DTI of 50% The loan approval required payoffs at time of closing. The Final, signed, Home Equity Revolving Loan Disbursement Schedule did not show any payoffs. - Due Diligence Vendor-08/15/2024

Acknowledged-. - Due Diligence Vendor-09/25/2024

XXXXXXXXXX XXXXXXXX Exception Form.pdf

1. Credit Score >/= 10+ Points more than qualifying

2. Minimal debts / Revolving accounts

3. No derogatory debts

Investment

Refinance

Cash Out - Other

XXX

Originator Post-Close

XXXX

20250617183

XXXX

Closed

2024-08-XX 17:13

2024-09-XX 19:03

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/15/2024

Investment

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617183

XXXX

Closed

2024-08-XX 15:28

2024-09-XX 19:01

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 3rd Party VOE Prior to Close Missing

Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-09/09/2024

Ready for Review-Document Uploaded. PFA business invoice confirming borrower business is active. - Buyer-09/06/2024

Open-Borrower 1 3rd Party VOE Prior to Close Missing Missing verification of borrower's self-employment through a third-party source, as required by guidelines, section 2.6.7. 4-2-6-7. - Due Diligence Vendor-08/15/2024

Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-09/09/2024

image.png

invoice.pdf

Investment

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617183

XXXX

Closed

2024-08-XX 18:04

2024-09-XX 19:01

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 YTD Profit & Loss Missing

Resolved-Borrower 1 YTD Profit & Loss Provided - Due Diligence Vendor-08/19/2024

Ready for Review-Document Uploaded. PFA P&L statement. - Buyer-08/16/2024

Open-Borrower 1 YTD Profit & Loss Missing Guidelines require a signed and dated P&L for the most recent quarter. Additional conditions may apply. - Due Diligence Vendor-08/15/2024

Resolved-Borrower 1 YTD Profit & Loss Provided - Due Diligence Vendor-08/19/2024

P&L.pdf

Investment

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617183

XXXX

Closed

2024-08-XX 17:15

2024-08-XX 17:22

Resolved

1 - Information

Credit

Missing Doc

Required Documentation is Missing

Resolved-Sufficient documentation received. - Due Diligence Vendor-08/19/2024

Ready for Review-Document Uploaded. 1) PFA attached rent free letter along with lease agreement , borrower is not a lessee.

2) 2 months bank statement are not require, as UW has calculated rental income/loss from tax returns. PFA rental income worksheet. - Buyer-08/16/2024

Open-1-The loan approval (#17) required a letter from the property owner of the borrower's primary residence showing the borrower is living rent free or a copy of the lease agreement. Additional conditions may apply.

2-The loan approval (#19) required 2 months bank statements showing the receipt of rental income for the property listing in section 3c of the loan application dated XX/XX/XXXX . Additional conditions may apply. - Due Diligence Vendor-08/15/2024

Resolved-Sufficient documentation received. - Due Diligence Vendor-08/19/2024

Rental Income Calculation.pdf

Rent Free Letter and Lease Agreement.pdf

Investment

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617064

XXXX

Closed

2024-08-XX 17:14

Rescinded

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/23/2024

Rescinded-Secondary product within tolerance reviewed. - Due Diligence Vendor-06/11/2025

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617232

XXXX

Closed

2024-08-XX 20:45

2024-12-XX 18:24

Resolved

1 - Information

Credit

Missing Doc

The Note is Incomplete

Resolved-The Note is Present - Due Diligence Vendor-12/03/2024

Resolved- - Due Diligence Vendor-10/13/2024

Resolved-Corrected Note/HELOC agreement received. Finding resolved. - Due Diligence Vendor-09/18/2024

Ready for Review-Document Uploaded. Corrected HELOC agreement (NOTE) executed by Borrower is attached. - Buyer-09/18/2024

Open-The Note is Incomplete Ceiling Rate on the Note is reflecting 12%, which is incorrect. The correct ceiling rate appears to be 18% according to the Data Entry Proof Sheet. Provide a corrected/modified Note executed by the borrower. - Due Diligence Vendor-08/28/2024

Resolved-The Note is Present - Due Diligence Vendor-12/03/2024

Resolved-Corrected Note/HELOC agreement received. Finding resolved. - Due Diligence Vendor-09/18/2024

XXXXXXXXXX - HELOC Agreement.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617232

XXXX

Closed

2024-08-XX 10:52

2024-08-XX 15:34

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/29/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617238

XXXX

Closed

2024-08-XX 21:13

2025-02-XX 15:57

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-A lender exception is present in the loan file, dated post consummation, providing adequate comp factors. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-02/19/2025

Acknowledged-A lender exception is present in the loan file, dated post consummation, providing adequate comp factors. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-09/17/2024

Ready for Review-Document Uploaded. - Buyer-09/17/2024

Open-Guidelines require High Confidence FSD AVMs equal to or below 12.5 to determine the subject property value. The AVM used to determine the subject property value has a FSD score of 0.17. Lender provided approved exception dated prior to origination, however, the lender compensating factors have not been validated. The Exception used the following compensating factors. LTV is 10% or more under requirement. However, guidelines require CLTV to be 15% below the maximum qualifying, which was not met. The exception shows residual income of $XX or more. However, the guidelines require residual income to be 2x total monthly debt, which was not met. Exception shows long term employment (over 5 years). However, borrower is on fixed income. Therefore, the compensating factors are not valid. - Due Diligence Vendor-08/28/2024

XXXXXXXXXX XXXXXXXXXX Exception Form.pdf

1. 36+ months 0x30 housing payment history

2. Minimal debts/Revolving accounts

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617238

XXXX

Closed

2024-08-XX 20:49

2024-09-XX 15:40

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/28/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617021

XXXX

Closed

2024-09-XX 17:48

2025-02-XX 16:00

Waived

2 - Non-Material

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Waived-Exception granted for DTI >50% - Due Diligence Vendor-02/19/2025

Acknowledged-Exception granted for DTI >50% - Due Diligence Vendor-09/09/2024

Ready for Review-Document Uploaded. PFA Exception form as per New future UW guidelines. - Buyer-09/09/2024

Open-Audited DTI of 52.63% exceeds Guideline DTI of 50% The borrower rents her primary residence. The Lender used a qualifying primary housing payment of $X,XXX.XX per month to qualify. This is the amount on the lease dated XX/XX/XXXX. The file has an updated rental agreement showing the monthly rent increased to $X,XXX.XX per month on XX/XX/XXXX. - Due Diligence Vendor-09/06/2024

Waived-Exception granted for DTI >50% - Due Diligence Vendor-02/19/2025

Acknowledged-Exception granted for DTI >50% - Due Diligence Vendor-09/09/2024

XXXXXXXXXX - XXXXXX - Exception Form.pdf

CLTV <5% below the Maximum Qualifying

Credit Score >/= 10+ Points more than qualifying

No derogatory events X

Investment

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617021

XXXX

Closed

2024-09-XX 18:05

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/06/2024

Investment

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617075

XXXX

Closed

2024-09-XX 19:03

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/04/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617156

XXXX

Closed

2024-09-XX 18:36

2025-02-XX 16:08

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Waived-Lender provided approved exception dated prior to origination and all lender compensating factors have been documented and validated. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-02/19/2025

Acknowledged-Lender provided approved exception dated prior to origination and all lender compensating factors have been documented and validated. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-09/16/2024

Ready for Review-Document Uploaded. PFA exception form for LQI not required until original credit report is 75 days old. - Buyer-09/13/2024

Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-09/11/2024

Exception Form.pdf

1. Employment for an extended period of time at the same job

2. Credit Score >= 10+ points more than qualifying

3. Minimal debts/Revolving accounts

4. No derogatory events

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617156

XXXX

Closed

2024-09-XX 18:36

2025-02-XX 16:07

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 2 Gap Credit Report is Missing

Ready for Review-Document Uploaded. PFA exception form for LQI not required until original is 75 days old. - Buyer-09/13/2024

Open-Borrower 2 Gap Credit Report is Missing - Due Diligence Vendor-09/11/2024

Exception Form.pdf

1. Employment for an extended period of time at the same job

2. Credit Score >= 10+ points more than qualifying

3. Minimal debts/Revolving accounts

4. No derogatory events

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617156

XXXX

Closed

2024-09-XX 17:05

2024-12-XX 18:10

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Ready for Review-Document Uploaded. PFA exception form with updated compensating factors - Buyer-09/13/2024

Open-Lender Guidelines require the FSD to be at or below 12.5, the AVM FSD is 14, which requires a Lender exception per the Guidelines; Lender Exception in the loan file reflects the FSD of the AVM is 14 but the compensating factors do not meet guidelines. - Due Diligence Vendor-09/11/2024

1. Employment for an extended period of time at the same job

2. Credit Score >= 10+ points more than qualifying

3. Minimal debts/Revolving accounts

4. No derogatory events - 09/16/2024

Exception Form.pdf

1. Employment for an extended period of time at the same job 2. Credit Score >= 10+ points more than qualifying 3. Minimal debts/Revolving accounts 4. No derogatory events

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617156

XXXX

Closed

2024-09-XX 15:06

2024-09-XX 15:52

Resolved

1 - Information

Property

Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided

Resolved-Post incident inspection provided - Due Diligence Vendor-09/24/2024

Ready for Review-Document Uploaded. PFA post disaster inspection report. - Buyer-09/23/2024

Counter-Supporting document rejected. It is not for the subject property. Finding remains. - Due Diligence Vendor-09/16/2024

Ready for Review-Document Uploaded. PFA appraisal report use for valuation which is post disaster therefore separate post incident inspection report not required.

- Buyer-09/13/2024

Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-09/11/2024

Resolved-Post incident inspection provided - Due Diligence Vendor-09/24/2024

Post Disaster Inspection Report.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617156

XXXX

Closed

2024-09-XX 16:47

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/11/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617217

XXXX

Closed

2024-09-XX 17:51

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/10/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617160

XXXX

Closed

2024-09-XX 12:10

2024-09-XX 20:42

Resolved

1 - Information

Compliance

Disclosure

HUD fees and HELOC Agreement fees do not match

Resolved-Received lender rebuttal and Disclosure tracking showing Disbursement schedule was sent. Finding cleared. - Due Diligence Vendor-09/16/2024

Ready for Review-Document Uploaded. Please review the Disclosure tracking. We already have econsent from Borrower hence Revised Home Equity Revolving Loan Disbursement Schedule was sent electronically (through email). Mail box rule can be applied in this. Proof of delivery is not required if Borrower has already provided econsent and Disclosure/Document was sent electronically. Please note this for future purposes.

For this loan file I have re-sent the Document. Revised Tracking details are attached. - Buyer-09/13/2024

Counter-Documents provided for review do not indicate that the Revised Home Equity Revolving Loan Disbursement Schedule was delivered tom the borrower; condition remains. - Due Diligence Vendor-09/12/2024

Ready for Review-Document Uploaded. Please find attached HELOC Disbursement schedule, Final SS and Disclosure tracking. Corrected HELOC Disbursement schedule is sent to Borrower with corrected fees.

HELOC agreement is not required to be sent as it is a NOTE document. If fees are changed then HELOC Disbursement schedule is required to be sent. - Buyer-09/12/2024

Open-Fees collected on HUD1/Settlement Statement do not match fees reflected in HELOC Agreement. The recording fees do not match. - Due Diligence Vendor-09/11/2024

Resolved-Received lender rebuttal and Disclosure tracking showing Disbursement schedule was sent. Finding cleared. - Due Diligence Vendor-09/16/2024

XXXXX - Final Settlement statement.pdf

XXXXX - HELOC Disbursement Schedule.pdf

XXXXX - Disclosure Tracking.pdf

XXXXX - Revised Disclosure Tracking.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617160

XXXX

Closed

2024-09-XX 15:19

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/11/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617224

XXXX

Closed

2024-09-XX 16:34

2024-09-XX 19:27

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document is not Missing - Due Diligence Vendor-09/20/2024

Resolved-Full title policy provided. Finding resolved. - Due Diligence Vendor-09/20/2024

Ready for Review-Document Uploaded. PFA full title policy. - Buyer-09/20/2024

Open-The subject loan is a First Lien. Per guidelines, first lien transactions require full Title and Title Policy. The loan does not contain a full title. - Due Diligence Vendor-09/18/2024

Resolved-Title Document is not Missing - Due Diligence Vendor-09/20/2024

Resolved-Full title policy provided. Finding resolved. - Due Diligence Vendor-09/20/2024

XXXXXX- Title.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617224

XXXX

Closed

2024-09-XX 18:46

2024-09-XX 16:37

Waived

2 - Non-Material

Credit

Eligibility

Audited Loan Amount is less than Guideline Minimum Loan Amount

Waived-Audited Loan Amount of $XX,XXX.XX is less than the Guideline Minimum Loan Amount of $50000 The loan amount $XX,XXX.XX is below the minimum $XX,XXX.XX allowed by guidelines. A lender exception is present in the loan file, dated prior to consummation, providing adequate comp factors. - Due Diligence Vendor-09/18/2024

Waived-Audited Loan Amount of $XX,XXX.XX is less than the Guideline Minimum Loan Amount of $50000 The loan amount $XX,XXX.XX is below the minimum $50,000 allowed by guidelines. A lender exception is present in the loan file, dated prior to consummation, providing adequate comp factors. - Due Diligence Vendor-09/18/2024

CLTV 15% or more under requirement; Residual income=2x monthly debts; income not used to qualify; FICO 10 points above requirement; 26+ 0x30 housing payment history.

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617224

XXXX

Closed

2024-09-XX 17:49

Rescinded

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/17/2024

Rescinded-Secondary product within tolerance reviewed. - Due Diligence Vendor-06/11/2025

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/17/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617213

XXXX

Closed

2024-09-XX 10:05

2024-09-XX 15:48

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Guidelines require High Confidence FSD AVMs equal to or below 12.5 to determine the subject property value. The AVM used to determine the subject property value has a FSD score of 13. Lender provided an approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/25/2024

CLTV <5% below the Maximum Qualifying,

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617213

XXXX

Closed

2024-09-XX 12:02

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/25/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617027

XXXX

Closed

2024-10-XX 19:03

2024-10-XX 13:21

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617230

XXXX

Closed

2024-10-XX 17:01

2024-10-XX 14:03

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on TRID loan is missing for borrower(s)

Resolved-E-consent received. Finding resolved. - Due Diligence Vendor-10/07/2024

Ready for Review-Document Uploaded. Please find the attached E-consent for the file. - Buyer-10/04/2024

Open-E-Consent documentation on TRID loan is missing for borrower(s) E-Consent documentation on TRID loan is missing for borrower. - Due Diligence Vendor-10/02/2024

Resolved-E-consent received. Finding resolved. - Due Diligence Vendor-10/07/2024

E-consent.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617230

XXXX

Closed

2024-10-XX 16:55

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617154

XXXX

Closed

2024-10-XX 18:57

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617279

XXXX

Closed

2024-10-XX 14:18

2024-10-XX 19:02

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Homeownership Counseling Organizations Disclosure Missing or Incomplete

Acknowledged-Homeownership Counseling Organizations Disclosure Missing or Incomplete This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-10/03/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617279

XXXX

Closed

2024-10-XX 17:49

2024-10-XX 19:02

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Privacy Notice Required - Missing or Incomplete

Acknowledged-Privacy Notice Required - Missing or Incomplete This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-10/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617279

XXXX

Closed

2024-10-XX 17:49

Rescinded

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/02/2024

Rescinded-Secondary product within tolerance reviewed. - Due Diligence Vendor-06/11/2025

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617165

XXXX

Closed

2024-10-XX 18:08

2024-10-XX 20:25

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/03/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617088

XXXX

Closed

2024-10-XX 13:18

2024-10-XX 14:04

Resolved

1 - Information

Property

Value

Missing Valuation Review Product - 1

Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-10/15/2024

Ready for Review-Document Uploaded. Please find attached Secondary value tool which needs to be within 10% of primary valuation as per new guideline dated XX/XX/XXXX. Thank you! - Buyer-10/14/2024

Counter-Condition document is for Post Disaster Inspection and not secondary value tool. No supporting value listed on document. Please provide secondary value tool. Thank you. - Due Diligence Vendor-10/07/2024

Ready for Review-Document Uploaded. PFA property inspection report. (Guideline: All first liens ≤ 65% CLTV must include an Exterior Property Inspection with a value similar to 2055 (if an AVM is used as the primary valuation, the AVM must include an Exterior Property Inspection as part of the AVM) - Buyer-10/03/2024

Open-A valid secondary valuation supporting the origination appraisal value is not present. A valid secondary valuation supporting the AVM value used at origination is not present. - Due Diligence Vendor-10/02/2024

Resolved-A valid secondary valuation supporting the origination appraisal value was provided. - Due Diligence Vendor-10/15/2024

Exterior Property Inspection.pdf

XXXXX XXXXXXXl Exterior PCI.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617088

XXXX

Closed

2024-10-XX 13:09

2024-10-XX 14:01

Resolved

1 - Information

Property

Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided

Resolved-Post incident inspection provided - Due Diligence Vendor-10/15/2024

Ready for Review-Document Uploaded. PFA PCI Disaster report - Buyer-10/14/2024

Open-Noted PCI received dated prior to disaster event. Please provide PCI dated post disaster. Thank you. - Due Diligence Vendor-10/07/2024

Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-10/02/2024

Resolved-Post incident inspection provided - Due Diligence Vendor-10/15/2024

PCI Disaster report.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617222

XXXX

Closed

2024-10-XX 14:17

2024-10-XX 17:11

Rescinded

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/02/2024

Rescinded-Secondary product within tolerance reviewed. - Due Diligence Vendor-06/11/2025

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617168

XXXX

Closed

2025-02-XX 16:25

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-02/19/2025

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617084

XXXX

Closed

2024-10-XX 12:52

2024-10-XX 19:50

Resolved

1 - Information

Credit

Eligibility

Trade line count does not meet program requirements

Resolved-VOM received. - Due Diligence Vendor-10/21/2024

Ready for Review-Document Uploaded. PFA document for mortgage not on credit report - Buyer-10/21/2024

Open-As per the guideline section 4-2-4-7 Tradeline Requirements: All tradelines must be current, Two active tradelines with 24-month history and Active mortgage with 12 months 0x30 or 3 years of 0x30 mortgage history. Credit report does not reflect any mortgage history. - Due Diligence Vendor-10/18/2024

Resolved-VOM received. - Due Diligence Vendor-10/21/2024

VOM - Mortgage not on credit report.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617084

XXXX

Closed

2024-10-XX 16:38

2024-10-XX 17:38

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/17/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617228

XXXX

Closed

2024-10-XX 17:35

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/18/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617278

XXXX

Closed

2024-10-XX 12:55

2024-10-XX 15:17

Waived

2 - Non-Material

Credit

Eligibility

Trade line count does not meet program requirements

Ready for Review-Document Uploaded. PFA Exception form - Buyer-10/28/2024

Counter-Borrower does not meet published guidelines. - Due Diligence Vendor-10/21/2024

Ready for Review-Property is free & Clear with no Mortgage - We subject transaction is 1st lien on this loan - Buyer-10/21/2024

Open-As per the guideline section 4-2-4-7 Tradeline Requirements: All tradelines must be current, two active tradelines with 24-month history and active mortgage with 12 months 0x30 or 3 years of 0 x 30 mortgage history. Credit Report reflects no mortgage history. - Due Diligence Vendor-10/18/2024

Exception Form - XXXXXXXX XXXXXXXX.pdf

CLTV <5% below the Maximum Qualifying

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617023

XXXX

Closed

2024-10-XX 15:28

2024-10-XX 16:57

Resolved

1 - Information

Credit

Missing Doc

Required Documentation is Missing

Resolved-XXXXXXXX XXXXXXXXXX XXXXXX XXX, doing business as XXXXXXXXXX XXXXXXXXX XXXX XXXXXXXXXXXXXX XXX, offers XXXXXXX and XXXXXXXXX vacation rentals in the XXXXXX XXXXXX, XXX XXXXXXXXX, XXXXXXX, XXXXXXXXX, and XXXX. Finding resolved. - Due Diligence Vendor-10/25/2024

Counter-Loan is reporting as a conventional mortgage. Please provide the documentation used to determine it is a XXXXXXXXXX property. - Due Diligence Vendor-10/21/2024

Ready for Review-XXXXXXXX ownership XXX on credit report is XXXXXXXXX property. We are including in DTI nothing additional documents required for time share please refer XXXX below link

https://singlefamily.XXXXXXXXX.com/media/XXXX/display - Buyer-10/21/2024

Open-Missing documentation for the Mortgage Loan listed in position #4 on the Credit Report dated XX/XX/XXXX. - Due Diligence Vendor-10/20/2024

Resolved-XXXXXXXX XXXXXXXXX XXXXXX XXX, doing business as XXXXXXXX XXXXXXXX XXXX XXXXXXXXXXXXX XXX, offers resorts and XXXXXXXXX vacation rentals in the XXXXXX XXXXXX, XXX XXXXXXXXX, XXXXXX, XXXXXXXXX, and XXXX. Finding resolved. - Due Diligence Vendor-10/25/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617023

XXXX

Closed

2024-10-XX 14:35

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/18/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617017

XXXX

Closed

2024-10-XX 17:02

2024-10-XX 13:20

Waived

2 - Non-Material

Credit

Eligibility

Audited FICO is less than Guideline FICO

Ready for Review-Document Uploaded. PFA Exception form - Buyer-10/22/2024

Counter-Please provide the formal exception with compensating factors. - Due Diligence Vendor-10/21/2024

Ready for Review-Document Uploaded. This was approved by XXXXX with future guideline changes made on dated XX/XX/XXXX changes made to FICO. please find attached - Buyer-10/21/2024

Open-Audited FICO of 653 is less than Guideline FICO of 660 - Due Diligence Vendor-10/18/2024

Underwriting Guidelines Summary XXXX (1).pdf

image (12).png

Exception Form -XXXXXXXXXX - XXXXXXXXXX.pdf

CLTV < 5% below the maximum qualifying

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617017

XXXX

Closed

2024-10-XX 16:45

2024-10-XX 17:05

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/18/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617233

XXXX

Closed

2024-10-XX 20:25

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/25/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617067

XXXX

Closed

2024-10-XX 06:58

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/27/2024

Investment

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617152

XXXX

Closed

2024-11-XX 13:26

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-11/04/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617241

XXXX

Closed

2024-11-XX 14:28

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-11/04/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617231

XXXX

Closed

2024-11-XX 11:05

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-11/08/2024

Investment

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617024

XXXX

Closed

2024-11-XX 19:18

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-11/06/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617312

XXXX

Closed

2024-11-XX 12:37

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-11/07/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617072

XXXX

Closed

2024-11-XX 19:15

2024-11-XX 17:19

Resolved

1 - Information

Compliance

Disclosure

HELOC Important Terms document is missing

Resolved-HELOC Important Terms document providedd - Due Diligence Vendor-11/13/2024

Ready for Review-Document Uploaded. Please find the attached copy of Disclosure and Disclosure Tracking. Initial HELOC Important Terms document is part of Initial Disclosure, please refer page 75. Application date is XX/XX/XXXX and Initial Disclosure was sent on XX/XX/XXXX3. - Buyer-11/12/2024

Open-HELOC Important Terms document is missing The initial HELOC Important Terms document is missing. The file contains a disclosure dated at closing. - Due Diligence Vendor-11/11/2024

Resolved-HELOC Important Terms document providedd - Due Diligence Vendor-11/13/2024

Initial Disclosures.pdf

Disclosure Tracking.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617002

XXXX

Closed

2024-11-XX 17:22

Rescinded

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-11/07/2024

Rescinded-Secondary product within tolerance reviewed. - Due Diligence Vendor-06/11/2025

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-11/07/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617065

XXXX

Closed

2024-11-XX 17:45

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-11/07/2024

Investment

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617214

XXXX

Closed

2024-11-XX 15:27

2024-11-XX 16:50

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Homeownership Counseling Organizations Disclosure Missing or Incomplete

Acknowledged-Homeownership Counseling Organizations Disclosure Missing or Incomplete. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-11/12/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617009

XXXX

Closed

2024-08-XX 17:32

2025-03-XX 19:27

Resolved

1 - Information

Property

Appraisal

Valuation product is deficient

Resolved-Management approval provided, as per guidelines. - Due Diligence Vendor-03/28/2025

Waived-AVM, Revised Exception and evidence of other income provided. - Due Diligence Vendor-12/10/2024

Resolved-AVM, Revised Exception and evidence of other income provided. - Due Diligence Vendor-09/04/2024

Ready for Review-Document Uploaded. Please find attach paystubs which reflects RSU and other income(Prior Year Non-Sale) in YTD income section, which was not used to qualify. It these income would have been used then DTI would be much below 10% of the requirement. - Buyer-09/03/2024

Counter-Please provide the documentation of income not used to qualify, missing from file. It is noted on Lender Income calculation worksheet: Borrower receives SSI, the non-taxable amount claimed on his XXXX 1040 was grossed up. Borrower also receives a pension which will continue for more than 36 months and was used to qualify. - Due Diligence Vendor-09/03/2024

Ready for Review-Document Uploaded. PFA AVM and revised exception form with correct compensating factors. - Buyer-08/30/2024

Open-AVM missing from file. Guidelines require High Confidence FSD AVMs equal to or below 12.5 to determine the subject property value. Lender provided approved exception dated prior to origination, however, the lenders compensating factors do not align with the guideline compensating factors required for an exception. - Due Diligence Vendor-08/28/2024

Resolved-Management approval provided, as per guidelines. - Due Diligence Vendor-03/28/2025

Waived-AVM, Revised Exception and evidence of other income provided. - Due Diligence Vendor-12/10/2024

Resolved-AVM, Revised Exception and evidence of other income provided. - Due Diligence Vendor-09/04/2024

XXXXXXXXXX XXXX Exception Form.pdf

AVM.pdf

Paystubs.pdf

1. Employment of 5 years on the same job

2. Income not used to qualify

3. FICO 10 points above requirement

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617009

XXXX

Closed

2024-08-XX 17:06

2024-09-XX 15:00

Resolved

1 - Information

Property

Missing Doc

Missing Appraisal (Property)

Resolved-Appraisal or other primary valuation product was provided - Due Diligence Vendor-09/03/2024

Ready for Review-Document Uploaded. PFA AVM with FSD 13 and revised exception form with correct compensating factors. - Buyer-08/30/2024

Open-Appraisal or other primary valuation product is missing The loan file contains an order form for an AVM. However, the AVM was not provided in the file. - Due Diligence Vendor-08/30/2024

Resolved-Appraisal or other primary valuation product was provided - Due Diligence Vendor-09/03/2024

AVM.pdf

XXXXXXXXXX XXXX Exception Form.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617009

XXXX

Closed

2024-08-XX 17:24

2024-08-XX 20:04

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/28/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617007

XXXX

Closed

2024-09-XX 18:14

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. “This finding will be rated a C for S&P. All other agencies will be rated as A." - Due Diligence Vendor-09/04/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617237

XXXX

Closed

2024-09-XX 11:31

2025-03-XX 19:25

Waived

2 - Non-Material

Credit

Closing

Credit score does not meet guidelines

Ready for Review-Document Uploaded. PFA updated guideline including investment property for single FICO score and exception form to use future guideline dated XX/XX/XXXX. - Buyer-09/11/2024

Counter-Published guideline provided does not specify a credit requirement for investment properties. - Due Diligence Vendor-09/06/2024

Ready for Review-Document Uploaded. FICO guideline is applicable to all properties(Primary/Second/Investment). The qualifying credit score is from the primary wage earner; the primary wage earner is the applicant with the greatest income on the application. In this case borrower income is higher and therefore borrower score was used for qualification. - Buyer-09/05/2024

Open-Single FICO guidelines do not address investment properties, most conservative guideline used for Co-Borrower - Due Diligence Vendor-09/05/2024

Credit Score selection guideline.pdf

Guideline.pdf

XXXXXXXXXX XXXXXXX Exception Form.pdf

1. Employment for an extended period at the same job

2. Minimal debts/Revolving accounts

3. No derogatory events

Investment

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617237

XXXX

Closed

2024-09-XX 20:15

2024-09-XX 19:50

Resolved

1 - Information

Compliance

Disclosure

HUD fees and HELOC Agreement fees do not match

Resolved-Fees collected on HUD1/Settlement Statement match fees reflected in HELOC Agreement. - Due Diligence Vendor-09/09/2024

Ready for Review-Document Uploaded. Please find attached HELOC Disbursement schedule, Final SS and Disclosure tracking. Corrected HELOC Disbursement schedule is sent to Borrower with corrected fees.

HELOC agreement is not required to be sent as it is a NOTE document. If fees are changed then HELOC Disbursement schedule is required to be sent. HELOC Disbursement schedule is considered for Funding purpose. - Buyer-09/09/2024

Open-Fees collected on HUD1/Settlement Statement do not match fees reflected in HELOC Agreement. - Due Diligence Vendor-09/05/2024

Resolved-Fees collected on HUD1/Settlement Statement match fees reflected in HELOC Agreement. - Due Diligence Vendor-09/09/2024

XXXXXXXXXX - HELOC Disbursement Schedule.pdf

XXXXXXXXXX - Final SS.pdf

XXXXXXXXXX - Disclosure Tracking.pdf

Investment

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617237

XXXX

Closed

2024-09-XX 12:43

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

- Due Diligence Vendor-09/05/2024

Investment

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617226

XXXX

Closed

2024-09-XX 10:57

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/06/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617221

XXXX

Closed

2024-09-XX 18:20

2025-03-XX 19:32

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Ready for Review-Document Uploaded. PFA AVM report used for valuation. No secondary product required as per guideline. - Buyer-09/13/2024

Open-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/13/2024

AVM.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617221

XXXX

Closed

2024-09-XX 13:30

2024-12-XX 18:11

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Ready for Review-Document Uploaded. PFA revised exception form with updated compensating factors. - Buyer-09/13/2024

Open-Lender Guidelines require the FSD to be at or below 12.5, the AVM FSD is 0.20, which requires a Lender exception per the Guidelines; Lender Exception in the loan file reflects the FSD of the AVM is 20 and is not Signed and the compensating factors do not meet guidelines.

- Due Diligence Vendor-09/11/2024

Exception Form.pdf

1. Employment for an extended period at the same job

2. 36+ Months 0x30 housing history

3. No derogatory events

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617221

XXXX

Closed

2024-09-XX 10:53

2024-10-XX 17:50

Resolved

1 - Information

Credit

Missing Doc

Borrower 2 3rd Party VOE Prior to Close Missing

Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-10/11/2024

Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-09/16/2024

Ready for Review-Document Uploaded. PFA co-borrower license for realtor within 10 business days of closing. License is valid till XX/XX/XXXX. - Buyer-09/13/2024

Open-Borrower 2 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-09/11/2024

Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided or Not Applicable (Number of Borrowers equals 2) - Due Diligence Vendor-10/11/2024

Resolved-Borrower 2 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-09/16/2024

Co-borrower license valid till XXXX.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617221

XXXX

Closed

2024-09-XX 11:40

2024-09-XX 16:25

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Homeownership Counseling Organizations Disclosure Missing or Incomplete

Acknowledged-Homeownership Counseling Organizations Disclosure Missing or Incomplete This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-09/11/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617029

XXXX

Closed

2024-09-XX 12:57

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/12/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617315

XXXX

Closed

2024-09-XX 21:15

2024-09-XX 13:57

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/24/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617026

XXXX

Closed

2024-09-XX 11:03

2024-09-XX 13:02

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/26/2024

Investment

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617182

XXXX

Closed

2024-10-XX 13:47

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617305

XXXX

Closed

2024-10-XX 17:23

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617006

XXXX

Closed

2024-10-XX 19:42

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/09/2024

Second Home

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617303

XXXX

Closed

2024-10-XX 20:01

2024-11-XX 13:08

Resolved

1 - Information

Property

Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided

Resolved-Post incident inspection provided - Due Diligence Vendor-11/01/2024

Ready for Review-Document Uploaded. PFA Disaster report - Buyer-10/31/2024

Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-10/23/2024

Resolved-Post incident inspection provided - Due Diligence Vendor-11/01/2024

XXX XXXXXX XXX XXXXXXXXX_FL_XXXXX_XXXXXXXXX_XXXX.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617303

XXXX

Closed

2024-10-XX 20:21

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/23/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617163

XXXX

Closed

2024-10-XX 14:07

2025-03-XX 11:40

Resolved

1 - Information

Credit

Eligibility

Audited FICO is less than Guideline FICO

Resolved-Audited FICO of 652 is greater than or equal to Guideline FICO of 640 - Due Diligence Vendor-10/29/2024

Resolved-Audited FICO of 652 is greater than or equal to Guideline FICO of 640, using GL update X/XXXX - Due Diligence Vendor-10/29/2024

Ready for Review-Document Uploaded. PFA revised 1008 using XX/XX/XXXX guideline - changes were made on FICO acceptable - as loan CTC / Closed after XX/XX/XXXX we are good to use XX/XX/XXXX updated guideline - Buyer-10/29/2024

Open-Audited FICO of 652 is less than Guideline FICO of 660 - Due Diligence Vendor-10/24/2024

Resolved-Audited FICO of 652 is greater than or equal to Guideline FICO of 640 - Due Diligence Vendor-10/29/2024

Resolved-Audited FICO of 652 is greater than or equal to Guideline FICO of 640, using GL update XX/XX/XXXX - Due Diligence Vendor-10/29/2024

Revised 1008.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617163

XXXX

Closed

2024-10-XX 14:07

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-10/24/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617184

XXXX

Closed

2023-12-XX 15:27

2024-09-XX 17:57

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-01/12/2024

Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-12/21/2023

Ready for Review-Document Uploaded. Hi, Please see the attached - Buyer-12/18/2023

Open-Borrower 1 Gap Credit Report is Missing - Due Diligence Vendor-12/06/2023

Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-01/12/2024

Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-12/21/2023

XXXXXXXXXX Borrower 1 Gap Credit Report.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617184

XXXX

Closed

2023-12-XX 15:30

2024-01-XX 19:52

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 IRS Transcripts Missing

Waived-Per Investor:GL section 4-2-6-5, requires transcripts for all borrowers, however our investor’s guidelines require transcripts for only self-employed borrowers. We have provided a blanket internal exception to waive transcripts for non S/E borrowers. - Due Diligence Vendor-01/09/2024

Acknowledged-Per client: GL section 4-2-6-5, requires transcripts for all borrowers, however our investor’s guidelines require transcripts for only self-employed borrowers. We have provided a blanket internal exception to waive transcripts for non S/E borrowers. - Due Diligence Vendor-12/15/2023

Open-The lender guidelines require the 4506T documents to be processed. No transcripts or explanation was provided. - Due Diligence Vendor-12/06/2023

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617184

XXXX

Closed

2023-11-XX 14:40

2024-01-XX 14:58

Resolved

1 - Information

Property

Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided

Resolved-Post incident inspection provided - Due Diligence Vendor-01/02/2024

Ready for Review-Document Uploaded. Disaster Inspection report uploaded, with no damage to the subject property. - Buyer-01/02/2024

Open-Subject property is in recent disaster area and there is no post incident inspection . - Due Diligence Vendor-11/28/2023

Resolved-Post incident inspection provided - Due Diligence Vendor-01/02/2024

Invoice.pdf

Independence Warranty.pdf

Disaster Inspection Repport.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617184

XXXX

Closed

2023-11-XX 18:22

2023-12-XX 18:15

Resolved

1 - Information

Credit

Missing Doc

Missing Proof of Other Income - Pension, Retirement, Disability (Borrower)

Resolved-Award Letters and proof of two months receipt provided. - Due Diligence Vendor-12/21/2023

Ready for Review-Document Uploaded. Please see the attached documents. - Buyer-12/19/2023

Open-There is no verification of the other income used to qualify. There should be an award letter/pension letter or current 1099 for Borrower1's other retirement, pension, disability type of income in file. Missing verification of Other income used to qualify. A copy of a current award letter or 1099 for the social security income is required. The award letter provided in file for the social security was from XXX. Also, a current award letter or 1099, plus proof of receipt for two months is required for the Penison income. - Due Diligence Vendor-11/29/2023

Resolved-Award Letters and proof of two months receipt provided. - Due Diligence Vendor-12/21/2023

XXXXXXXXXX - Proof of Other Income 1.pdf

XXXXXXXXXX - Proof of Other Income.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617249

XXXX

Closed

2023-12-XX 17:20

2024-01-XX 15:42

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-01/15/2024

Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-12/27/2023

Ready for Review-Document Uploaded. Please see attached supporting document.

- Buyer-12/18/2023

Open-Borrower 1 Gap Credit Report is Missing The loan file is missing the undisclosed liability report. - Due Diligence Vendor-12/06/2023

Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-01/15/2024

Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-12/27/2023

Borrower 1 GAP Credit report XXXXXXXXXX.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617249

XXXX

Closed

2023-12-XX 14:21

2024-01-XX 21:33

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 YTD Profit & Loss Missing

Resolved-Borrower 1 YTD Profit & Loss Provided - Due Diligence Vendor-01/03/2024

Resolved-Agree XXX P&L not required due to Q1 of current year has lapsed. Signed P&L for Qs 1 - 3 provided for current year. Finding resolved. - Due Diligence Vendor-01/03/2024

Ready for Review-Document Uploaded. PFA signed P&L. Note: P&L for XXXX is not required. - Buyer-01/02/2024

Open-Borrower 1 YTD Profit & Loss Missing YTD XXXX Profit & Loss Statement is not dated, Guidelines require the P&L to be signed and dated. P&L Statement for XXXX is missing from the loan file. - Due Diligence Vendor-12/27/2023

Resolved-Borrower 1 YTD Profit & Loss Provided - Due Diligence Vendor-01/03/2024

Resolved-Agree XXXX P&L not required due to Q1 of current year has lapsed. Signed P&L for Qs 1 - 3 provided for current year. Finding resolved. - Due Diligence Vendor-01/03/2024

signed P&L.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617249

XXXX

Closed

2023-11-XX 19:32

2023-12-XX 20:43

Resolved

1 - Information

Property

Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided

Resolved-Post incident inspection provided. No Damage noted. - Due Diligence Vendor-12/29/2023

Ready for Review-Document Uploaded. The subject property has not been effected by any recent disasters in the area including XXXXXXXXXX XXXXXX XXXXXX XXXXXX, XXXXXXXXX-XXXXX XXXXX, XXXXXXXX, XXXXXXXXXX, or XXXXXXXXX - Buyer-12/27/2023

Open-Subject property is in recent disaster area and there is no post incident inspection XXXX Search has been completed XXXX Disaster report is required however XXXX disaster is missing. - Due Diligence Vendor-11/28/2023

Resolved-Post incident inspection provided. No Damage noted. - Due Diligence Vendor-12/29/2023

AIR.pdf

Invoice.pdf

Disaster Inspection Report.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617249

XXXX

Closed

2023-12-XX 17:30

2023-12-XX 14:26

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on TRID loan is missing for borrower(s)

Resolved-Evidence of E-Consent for the borrower provided. - Due Diligence Vendor-12/27/2023

Ready for Review-Document Uploaded. Hi,

Please see the attached - Buyer-12/18/2023

Open-E-Consent documentation on TRID loan is missing for borrower(s) - Due Diligence Vendor-12/04/2023

Resolved-Evidence of E-Consent for the borrower provided. - Due Diligence Vendor-12/27/2023

XXXXXXXXXX E-Consent documentation.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617095

XXXX

Closed

2023-12-XX 15:39

2024-01-XX 19:52

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 IRS Transcripts Missing

Open-The lender guidelines require the 4506T documents to be processed. No transcripts or explanation was provided. - Due Diligence Vendor-12/06/2023

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617095

XXXX

Closed

2023-12-XX 15:36

2024-01-XX 18:20

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Resolved-LQI received. - Due Diligence Vendor-01/08/2024

Ready for Review-Document Uploaded. PFA LQI dated XX/XX/XXXX within 10 business days of closing. - Buyer-01/06/2024

Counter-Document provided if dated af ter the Note Date, per Guidelines it should be dated prior to the Note Date. - Due Diligence Vendor-12/21/2023

Ready for Review-Document Uploaded. Hi,

Please see the attached - Buyer-12/18/2023

Open-Borrower 1 Gap Credit Report is Missing The loan file is missing the undisclosed liability report. - Due Diligence Vendor-12/06/2023

Resolved-LQI received. - Due Diligence Vendor-01/08/2024

XXXXXXXXXX Borrower 1 Gap Credit Report.pdf

LQI XX/XX/XXXX.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617095

XXXX

Closed

2023-11-XX 18:20

2024-01-XX 17:43

Resolved

1 - Information

Property

Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided

Resolved-Inspection report received. - Due Diligence Vendor-01/02/2024

Ready for Review-Document Uploaded. THERE IS NO EVIDENCE OF DAMAGE TO THE NEIGHBORHOOD FROM THE RECENT DISASTER - Buyer-01/02/2024

Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-11/29/2023

Resolved-Inspection report received. - Due Diligence Vendor-01/02/2024

Disaster Inspection Report.pdf

Independence Warranty.pdf

Invoice.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617095

XXXX

Closed

2023-11-XX 18:54

2023-12-XX 19:39

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on TRID loan is missing for borrower(s)

Resolved-Evidence of E-Consent for borrower provided. - Due Diligence Vendor-12/21/2023

Ready for Review-Document Uploaded. Hi,

Please see the attached - Buyer-12/18/2023

Open-E-Consent documentation on TRID loan is missing for borrower(s) - Due Diligence Vendor-11/29/2023

Resolved-Evidence of E-Consent for borrower provided. - Due Diligence Vendor-12/21/2023

XXXXXXXXXX E-Consent documentation.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617146

XXXX

Closed

2023-12-XX 18:34

2024-01-XX 19:34

Waived

2 - Non-Material

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Waived-Exception made to adhere to most recent credit refresh guidelines. - Due Diligence Vendor-01/11/2024

Resolved-Audited DTI of 49.5% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-01/11/2024

Ready for Review-Document Uploaded. PFA Exception form - Buyer-01/11/2024

Counter-Pending receipt of investor exception - Due Diligence Vendor-01/11/2024

Ready for Review-Increase in additional debt in LQI is not more than 3% of qualifying income. Hence no need to update. If payments increase of greater than 3% of qualifying income - we must qualify at the new payment - Buyer-01/09/2024

Open-Audited DTI of 52.25% exceeds Guideline DTI of 50% Audited DTI of 52.25% exceeds Guideline DTI of 50%. refresh Credit Report reflects increases in the balances of the revolving debt paid at close; per guidelines "If the increased payment does increase the borrower's debt-to-income ratios over qualifying ratios additional review is required." - Due Diligence Vendor-12/21/2023

Waived-Exception made to adhere to most recent credit refresh guidelines. - Due Diligence Vendor-01/11/2024

Resolved-Audited DTI of 49.5% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-01/11/2024

XXXXXXXXXX XXXXX Exception Form.pdf

LTV 10% or more under requirement

FICO 20 points above requirement

Residual income of $XX or more 5

Long term employment (over 5 years)

Long term home ownership (over 5 years)

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617146

XXXX

Closed

2023-12-XX 15:32

2024-01-XX 19:31

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-01/11/2024

Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-12/21/2023

Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-12/21/2023

Ready for Review-Document Uploaded. Hi,

Please see the attached - Buyer-12/18/2023

Open-Borrower 1 Gap Credit Report is Missing The loan file is missing the undisclosed liability report. - Due Diligence Vendor-12/06/2023

Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-01/11/2024

Resolved-Borrower 1 Gap Credit Report provided. - Due Diligence Vendor-12/21/2023

Resolved-Borrower 1 Gap Credit Report is not missing. - Due Diligence Vendor-12/21/2023

XXXXXXXXXX Borrower 1 Gap Credit Report.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617146

XXXX

Closed

2023-12-XX 15:34

2024-01-XX 19:52

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 IRS Transcripts Missing

Open-The lender guidelines require the 4506T documents to be processed. No transcripts or explanation was provided. - Due Diligence Vendor-12/06/2023

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617144

XXXX

Closed

2024-02-XX 16:20

2024-02-XX 19:59

Resolved

1 - Information

Credit

Missing Doc

Missing Proof of Other Income - Pension, Retirement, Disability (Borrower)

Resolved-Lender provided evidence to verify XXXXXXXX, Pension and Social Security income. Sufficient income documentation was submitted for income verification via XXXXXXX XXXXXX, Award letter, LOX and Bank Statements. Condition cleared. - Due Diligence Vendor-02/07/2024

Ready for Review-Document Uploaded. Please see attached XXXXXXX XXXXXX, Award letter and Pension. Bank statements reflecting 6 months XXXXXXX, 2 months receipt of award and pension. - Buyer-02/06/2024

Open-There is no verification of the other income used to qualify. There should be an award letter/pension letter or current 1099 for Borrower1's other retirement, pension, disability type of income in file. Borrower was qualified with $X,XXX.XX in XXXXXXX income. The only documentation in file was 1 deposit of $X,XXX.XX. Provide legal decree that indicates the monthly payment and states the amount of the award and the period of time over which it will be received. Document no less than six months of the borrower’s most recent regular receipt of the full payment. - Due Diligence Vendor-02/01/2024

Resolved-Lender provided evidence to verify XXXXXXX, Pension and Social Security income. Sufficient income documentation was submitted for income verification via XXXXXXX XXXXXX, Award letter, LOX and Bank Statements. Condition cleared. - Due Diligence Vendor-02/07/2024

XXXXXXX, SSA and Pension.pdf

Award Letter and 2 months received.pdf

Pension.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617144

XXXX

Closed

2024-02-XX 16:14

2024-02-XX 18:45

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on TRID loan is missing for borrower(s)

Resolved-Lender provided the eDisclosure Agreement accepted by borrower(s). Documentation submitted is deemed acceptable, condition cleared. - Due Diligence Vendor-02/07/2024

Ready for Review-Document Uploaded. E-consent is attached for your reference. - Buyer-02/06/2024

Open-E-Consent documentation on TRID loan is missing for borrower(s) - Due Diligence Vendor-02/01/2024

Resolved-Lender provided the eDisclosure Agreement accepted by borrower(s). Documentation submitted is deemed acceptable, condition cleared. - Due Diligence Vendor-02/07/2024

XXXXXXXXXX-Econsent.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617144

XXXX

Closed

2024-02-XX 15:50

2024-02-XX 22:50

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-02/05/2024

Open-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-02/05/2024

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-02/05/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617144

XXXX

Closed

2024-02-XX 15:00

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-02/01/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617106

XXXX

Closed

2024-02-XX 20:34

2024-02-XX 16:58

Resolved

1 - Information

Property

Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided

Resolved-Lender indicates a 12 mo lookback was used. - Due Diligence Vendor-02/09/2024

Resolved-Post incident inspection provided - Due Diligence Vendor-02/09/2024

Ready for Review-Document Uploaded. Please see snippet for Disaster in question is XX-XXXX-XX, it occurred in XX/XXXX which is more than a year from closing. - Buyer-02/08/2024

Counter-Disaster in question is XX-XXXX-XX. - Due Diligence Vendor-02/08/2024

Ready for Review-Document Uploaded. XXXXXXX XXXXXX is not reflected under Individual assistance, hence disaster inspection not required. - Buyer-02/07/2024

Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-02/01/2024

Resolved-Lender indicates a 12 mo lookback was used. - Due Diligence Vendor-02/09/2024

Resolved-Post incident inspection provided - Due Diligence Vendor-02/09/2024

Disaster Report.pdf

4680 Screen Print incident period XX/XX/XXXX to XX/XX/XXXX.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617106

XXXX

Closed

2024-02-XX 20:21

2024-02-XX 16:00

Resolved

1 - Information

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Resolved-Resolved per lender LQI policy of using origination credit report for payoffs. - Due Diligence Vendor-02/09/2024

Ready for Review-Document Uploaded. Please see attached 1003 and 1008 for the reference. XXXX #XXXX balance left after pay off at closing $XXXX ($XXXX-$XXXX)considering 5% payment of $XXXX is $XX.XX that is less than 3% of qualifying income $XXX.XX ($XXXX*3%), hence it was not considered in liabilities. Student loan payment has been considered from LQI report date XX/XX/XXXX. After considering the payment for student loan the DTI is 49.80%. - Buyer-02/07/2024

Counter-Please provide your final 1008 so we can make a comparison. Audit used the most recent payment info for Education loans from Credit Update p418. For XXXX account, subtracted paid off amount from the balance and used 5% for monthly payment. - Due Diligence Vendor-02/07/2024

Ready for Review-All liabilities have been considered in DI calculation. - Buyer-02/07/2024

Open-Audited DTI of 50.28% exceeds Guideline DTI of 50% - Due Diligence Vendor-02/05/2024

Resolved-Resolved per lender LQI policy of using origination credit report for payoffs. - Due Diligence Vendor-02/09/2024

1003 and 1008.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617106

XXXX

Closed

2024-02-XX 10:36

2024-02-XX 19:16

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on Pre-TRID loan is missing for borrower(s)

Resolved-E-consent provided. Finding resolved. - Due Diligence Vendor-02/07/2024

Ready for Review-Document Uploaded. E-consent is attached for your reference. - Buyer-02/06/2024

Open-E-Consent documentation on Pre-TRID loan is missing for borrower(s) - Due Diligence Vendor-02/02/2024

Resolved-E-consent provided. Finding resolved. - Due Diligence Vendor-02/07/2024

XXXXXXXXXX-Econsent.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617106

XXXX

Closed

2024-02-XX 10:36

2024-02-XX 19:36

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 IRS Transcripts Missing

Waived-GL section 4-2-6-5, requires transcripts for all borrowers, however our investor’s guidelines require transcripts for only self-employed borrowers. We have provided a blanket internal exception to waive transcripts for non S/E borrowers. - Due Diligence Vendor-02/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617106

XXXX

Closed

2024-02-XX 10:37

2024-02-XX 19:35

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-02/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Post-Close

XXXX

20250617106

XXXX

Closed

2024-02-XX 20:11

2024-02-XX 10:46

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-02/01/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617185

XXXX

Closed

2024-02-XX 15:06

2024-02-XX 19:09

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on Pre-TRID loan is missing for borrower(s)

Resolved-E-consent provided. Finding resolved. - Due Diligence Vendor-02/07/2024

Ready for Review-Document Uploaded. E-consent is attached for your reference. - Buyer-02/06/2024

Open-E-Consent documentation on Pre-TRID loan is missing for borrower(s). - Due Diligence Vendor-02/02/2024

Resolved-E-consent provided. Finding resolved. - Due Diligence Vendor-02/07/2024

XXXXXXXXXX-Econsent.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617185

XXXX

Closed

2024-02-XX 15:02

2024-02-XX 18:20

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 2 IRS Transcripts Missing

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617185

XXXX

Closed

2024-02-XX 15:04

2024-02-XX 18:19

Waived

2 - Non-Material

Credit

Eligibility

Transaction Ineligible

Waived-Guidelines require a minimum draw period of 60 months; however, the HELOC Agreement reflects a draw period 36 months. Lender has provided a blanket certification allowing for a draw period of 36 months. - Due Diligence Vendor-02/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617185

XXXX

Closed

2024-02-XX 15:01

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 IRS Transcripts Missing

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617185

XXXX

Closed

2024-02-XX 14:09

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-02/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617292

XXXX

Closed

2024-02-XX 16:26

2024-02-XX 17:42

Resolved

1 - Information

Compliance

Mavent

HighCost: Fees

Resolved-Invoice received - Due Diligence Vendor-02/13/2024

Resolved-Resolved - Due Diligence Vendor-02/13/2024

Ready for Review-Document Uploaded. Please find the attached Invoice for credit report. - Buyer-02/13/2024

Counter-Credit report contains no invoice amount or proof of billing or payment. - Due Diligence Vendor-02/12/2024

Ready for Review-Document Uploaded. Credit report fees paid by broker which is reimburse to the borrower . Please find attached document use for the credit report invoice . Hence credit report fee cannot consider under High cost fee limit . - Buyer-02/12/2024

Open-$X,XXX > $X,XXX the maximum points and fees allowed. The credit report fee of $XX was paid to the Broker per the final ALTA statement, and per the Disbursement Schedule (pg. 311). Please provide a credit report invoice reflecting the actual payee. Compliance will be re-reviewed upon receipt.

- Due Diligence Vendor-02/02/2024

Open-The loan fees ($X,XXX.XX) exceed the (XXXXXXX) High Cost fee limit, which is ($X,XXX.XX), the difference is ($XX.XX). - Due Diligence Vendor-02/02/2024

Resolved-Invoice received - Due Diligence Vendor-02/13/2024

Resolved-Resolved - Due Diligence Vendor-02/13/2024

XXXXXXXXXX-Credit Report.pdf

XXXXXXXXXX- Invoice.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617292

XXXX

Closed

2024-02-XX 17:06

2024-02-XX 17:45

Resolved

1 - Information

Credit

Debt

No evidence of required debt payoff

Resolved-Audit reviewed the lender rebuttal and has determined that the methodology used to determine the remaining debt balances is acceptable. Condition cleared. - Due Diligence Vendor-02/08/2024

Ready for Review-Bal of CAP increased by $XXX and XXXXX/XXXXXX increased by $XXX 5% of $XXX in $X.XX and 5% of $XXX is $X.X. Adding both the amount $XX.XX ($X.XX+ $X.X) in liabilities th e DTI will increase from 42.65% to 42.87%. - Buyer-02/07/2024

Open-The final ALTA statement reflects a pay off for XXXXXXX XXX XXXX of $X,XXX.XX, while the updated credit report dated XX/XX/XXXX reflects a balance of $X,XXX.XX.

Additionally, the final ALTA statement reflects a pay off for XXXXX/XXXXXX of $X,XXX.XX, while the updated credit report dated XX/XX/XXXXX reflects a balance of $X,XXX.XX.

The loan approval conditioned the payoff of these liabilities. However, there is no evidence that either of the liabilities were paid off in full at closing. Additional findings may apply once current balance is obtained. - Due Diligence Vendor-02/02/2024

Resolved-Audit reviewed the lender rebuttal and has determined that the methodology used to determine the remaining debt balances is acceptable. Condition cleared. - Due Diligence Vendor-02/08/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617292

XXXX

Closed

2024-02-XX 15:04

2024-02-XX 17:21

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 3rd Party VOE Prior to Close Missing

Resolved-Lender provided a VOE within 10 days of the Note date for the borrower. Documentation is deemed acceptable. Condition cleared. - Due Diligence Vendor-02/08/2024

Ready for Review-Document Uploaded. PFA VVOE dated XX/XX/XXXX - Buyer-02/07/2024

Open-Borrower 1 3rd Party VOE Prior to Close Missing The Lender's Guidelines (Section 4-2-6-9) require "Verbal Verication of employment for the current employer or paystub dated within ten business days of close." The latest VVOE in file was completed on XX/XX/XXXX, which is 11 business days prior to the Note date. There is no evidence that the lender obtained an exception or provided compensating factors. - Due Diligence Vendor-02/02/2024

Resolved-Lender provided a VOE within 10 days of the Note date for the borrower. Documentation is deemed acceptable. Condition cleared. - Due Diligence Vendor-02/08/2024

VOE 4.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617292

XXXX

Closed

2024-02-XX 16:23

2024-02-XX 17:16

Resolved

1 - Information

Credit

Missing Doc

Flood Insurance Policy Missing

Resolved-Lender provided an active Flood Insurance policy for subject property. Documentation submitted is deemed acceptable. Condition cleared. - Due Diligence Vendor-02/08/2024

Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-02/08/2024

Ready for Review-Document Uploaded. Please see attached Flood Insurance Policy - Buyer-02/07/2024

Open-Missing Flood Insurance Policy - Due Diligence Vendor-02/02/2024

Resolved-Lender provided an active Flood Insurance policy for subject property. Documentation submitted is deemed acceptable. Condition cleared. - Due Diligence Vendor-02/08/2024

Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-02/08/2024

Flood Insurance Policy.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617292

XXXX

Closed

2024-02-XX 17:16

2024-02-XX 17:06

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on Pre-TRID loan is missing for borrower(s)

Resolved-Lender provided the eDisclosure Agreement accepted by borrower(s). Documentation submitted is deemed acceptable, condition cleared. - Due Diligence Vendor-02/08/2024

Ready for Review-Document Uploaded. E-consent is attached for your reference. - Buyer-02/07/2024

Open-E-Consent documentation on Pre-TRID loan is missing for borrower(s) E-Consent documentation on Pre-TRID loan is missing for the borrower.

- Due Diligence Vendor-02/02/2024

Resolved-Lender provided the eDisclosure Agreement accepted by borrower(s). Documentation submitted is deemed acceptable, condition cleared. - Due Diligence Vendor-02/08/2024

XXXXXXXXXX_Econsent.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617292

XXXX

Closed

2024-02-XX 15:06

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 IRS Transcripts Missing

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617254

XXXX

Closed

2024-02-XX 17:13

2024-02-XX 16:31

Resolved

1 - Information

Credit

Missing Doc

Missing Evidence of HOA Dues for Primary Residence

Resolved-XXX verification received. Finding resolved. - Due Diligence Vendor-02/09/2024

Ready for Review-Document Uploaded. Please see attached XXX dues statement for primary property. - Buyer-02/08/2024

Open-Missing Evidence of XXX Dues for Primary Residence - Due Diligence Vendor-02/07/2024

Resolved-HOA verification received. Finding resolved. - Due Diligence Vendor-02/09/2024

HOA dues statement.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617254

XXXX

Closed

2024-02-XX 16:12

2024-02-XX 18:07

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-02/06/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617254

XXXX

Closed

2024-02-XX 15:48

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-02/06/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617254

XXXX

Closed

2024-02-XX 15:45

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Privacy Notice Required - Missing or Incomplete

Acknowledged-Privacy Notice Required - Missing or Incomplete This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-02/06/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617242

XXXX

Closed

2024-02-XX 18:07

2024-02-XX 18:19

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on TRID loan is missing for borrower(s)

Resolved-E consent received. - Due Diligence Vendor-02/26/2024

Ready for Review-Document Uploaded. Please refer attached E-consent document. - Buyer-02/26/2024

Open-E-Consent documentation on TRID loan is missing for borrower(s) - Due Diligence Vendor-02/22/2024

Resolved-E consent received. - Due Diligence Vendor-02/26/2024

XXXXXXXXXX-Econsent.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617242

XXXX

Closed

2024-02-XX 15:43

2024-02-XX 16:13

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-02/23/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617242

XXXX

Closed

2024-02-XX 16:34

2024-02-XX 15:39

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-02/22/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617112

XXXX

Closed

2024-03-XX 13:44

2024-03-XX 16:30

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged- - Due Diligence Vendor-03/22/2024

Open-S&P RA Only – Junior lien and no secondary product. - Due Diligence Vendor-03/21/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617112

XXXX

Closed

2024-03-XX 19:11

2024-03-XX 16:29

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on Pre-TRID loan is missing for borrower(s)

Resolved-E consent received. - Due Diligence Vendor-03/22/2024

Ready for Review-Document Uploaded. Please find the attached E consent doc.

- Buyer-03/22/2024

Open-E-Consent documentation on Pre-TRID loan is missing for borrower(s) - Due Diligence Vendor-03/20/2024

Resolved-E consent received. - Due Diligence Vendor-03/22/2024

XXXXXXXXXX- econsent.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617112

XXXX

Closed

2024-03-XX 19:14

2024-03-XX 16:27

Resolved

1 - Information

Credit

Missing Doc

Missing Evidence of HOA Dues for Primary Residence

Resolved-XXX info received. - Due Diligence Vendor-03/22/2024

Ready for Review-Document Uploaded. Please see attached XXX statement - Buyer-03/21/2024

Open-Missing Evidence of XXX Dues for Primary Residence - Due Diligence Vendor-03/20/2024

Resolved-HOA info received. - Due Diligence Vendor-03/22/2024

XXX statement.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617112

XXXX

Closed

2024-03-XX 18:14

2024-03-XX 19:18

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/20/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617295

XXXX

Closed

2025-04-XX 18:07

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/08/2025

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617295

XXXX

Closed

2024-03-XX 15:13

2024-03-XX 17:29

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on TRID loan is missing for borrower(s)

Resolved-Documentation received finding resolved. - Due Diligence Vendor-03/27/2024

Ready for Review-Document Uploaded. Please find the attached fulfillment package received . - Buyer-03/27/2024

Open-E-Consent documentation on TRID loan is missing for borrower(s) - Due Diligence Vendor-03/21/2024

Resolved-Documentation received finding resolved. - Due Diligence Vendor-03/27/2024

XXXXXXXXXX-Fulfillment Package.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617295

XXXX

Closed

2024-03-XX 15:05

2024-03-XX 11:34

Resolved

1 - Information

Compliance

Disclosure

HELOC Initial Disclosure is missing

Resolved-Documentation received finding resolved. - Due Diligence Vendor-03/27/2024

Ready for Review-Document Uploaded. Please find the attached Initial Disclosure.

- Buyer-03/26/2024

Open-HELOC Initial Disclosure is missing - Due Diligence Vendor-03/21/2024

Resolved-Documentation received finding resolved. - Due Diligence Vendor-03/27/2024

XXXXXXXXXX-Ini Disc.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617295

XXXX

Closed

2024-03-XX 17:59

2024-03-XX 16:02

Resolved

1 - Information

Credit

Missing Doc

Missing Evidence of HOA Dues for Primary Residence

Resolved-Documentation received finding resolved. - Due Diligence Vendor-03/26/2024

Ready for Review-Document Uploaded. Please see attached XXX statement - Buyer-03/25/2024

Open-Missing Evidence of XXX Dues for Primary Residence Missing Evidence of XXX Dues for Subject Property Residence - Due Diligence Vendor-03/21/2024

Resolved-Documentation received finding resolved. - Due Diligence Vendor-03/26/2024

XXX statement.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617295

XXXX

Closed

2024-03-XX 15:14

2024-03-XX 15:32

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Privacy Notice Required - Missing or Incomplete

Acknowledged-Privacy Notice Required - Missing or Incomplete This finding is non-material and will be rated a B for all agencies.

- Due Diligence Vendor-03/21/2024

Acknowledged-Privacy Notice Required - Missing or Incomplete This finding is non-material and will be rated a B for all agencies.

- Due Diligence Vendor-03/21/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617295

XXXX

Closed

2024-03-XX 15:13

2024-03-XX 15:32

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Homeownership Counseling Organizations Disclosure Missing or Incomplete

Acknowledged-Homeownership Counseling Organizations Disclosure Missing or Incomplete This finding is non-material and will be rated a B for all agencies.

- Due Diligence Vendor-03/21/2024

Acknowledged-Homeownership Counseling Organizations Disclosure Missing or Incomplete This finding is non-material and will be rated a B for all agencies.

- Due Diligence Vendor-03/21/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617101

XXXX

Closed

2024-03-XX 14:09

2024-04-XX 16:26

Resolved

1 - Information

Credit

Eligibility

All Interested Parties Not Checked with Exclusionary Lists

Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-04/01/2024

Ready for Review-Please find attached fraud report reflecting all Interested Parties checked with Exclusionary Lists - Buyer-04/01/2024

Open-All Interested Parties Not Checked with Exclusionary Lists - Due Diligence Vendor-03/27/2024

Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-04/01/2024

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617101

XXXX

Closed

2024-03-XX 14:09

2024-04-XX 16:26

Resolved

1 - Information

Credit

Eligibility

OFAC Check Not Completed and/or Cleared

Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-04/01/2024

Ready for Review-Document Uploaded. Please find attached third party fraud report reflecting all Interested Parties checked with OFAC check - Buyer-04/01/2024

Open-OFAC Check Not Completed and/or Cleared - Due Diligence Vendor-03/27/2024

Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-04/01/2024

FRAUD REPORT.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617101

XXXX

Closed

2024-03-XX 14:09

2024-04-XX 16:26

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-04/01/2024

Ready for Review-Document Uploaded. Please find attached third party fraud report reflecting all Interested Parties checked with Exclusionary Lists - Buyer-04/01/2024

Open-Missing Third Party Fraud Report - Due Diligence Vendor-03/27/2024

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-04/01/2024

FRAUD REPORT.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617101

XXXX

Closed

2024-03-XX 16:22

2024-04-XX 16:23

Resolved

1 - Information

Credit

Missing Doc

HO6 Master Insurance Policy is Missing

Resolved-HO-6 Master Insurance Policy is fully present - Due Diligence Vendor-04/01/2024

Ready for Review-Document Uploaded. Please see attached Master Policy with XXX name. - Buyer-04/01/2024

Open-Missing HO-6 Master Insurance Policy - Due Diligence Vendor-03/27/2024

Resolved-HO-6 Master Insurance Policy is fully present - Due Diligence Vendor-04/01/2024

Master Policy.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617101

XXXX

Closed

2024-03-XX 19:53

2024-04-XX 16:23

Resolved

1 - Information

Credit

Insurance

Named Insured on HO6 Master Policy does not match HOA Name

Resolved-Named Insured on HO-6 Master Insurance Policy matches XXX Name or Property is Not a Condominium - Due Diligence Vendor-04/01/2024

Ready for Review-Document Uploaded. Please see attached Master Policy with XXX name. - Buyer-04/01/2024

Open-Named Insured on HO-6 Master Insurance Policy does not match XXX Name Missing H06 Master Insurance Policy - Due Diligence Vendor-03/27/2024

Resolved-Named Insured on HO-6 Master Insurance Policy matches HOA Name or Property is Not a Condominium - Due Diligence Vendor-04/01/2024

Master Policy.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617101

XXXX

Closed

2024-03-XX 16:05

2024-03-XX 13:14

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617101

XXXX

Closed

2024-03-XX 15:38

2024-03-XX 13:14

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617288

XXXX

Closed

2024-03-XX 20:32

2024-04-XX 17:08

Waived

2 - Non-Material

Property

Value

Missing Valuation Review Product - 1

Waived-Lender provided approved exception dated prior to origination and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/15/2024

Ready for Review-Document Uploaded. Please see attached exception form with correct FSD score. - Buyer-04/01/2024

Counter-Exception form provided is insufficient. Exception form provided grants exception for FSD of 13; however, origination AVM discloses a FSD of 15. Finding remains. - Due Diligence Vendor-03/29/2024

Ready for Review-Document Uploaded. Please see attached exception form - Buyer-03/29/2024

Open-A valid secondary valuation supporting the origination appraisal value is not present. Guidelines require High Confidence FSD AVMs equal to or below 12.5 to determine the subject property value. The AVM used to determine the subject property value has a FSD score of 15. - Due Diligence Vendor-03/28/2024

Waived-Lender provided approved exception dated prior to origination and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/15/2024

Exception form.pdf

LTV 10% or more under requirement

FICO 20 points above requirement

Long term employment (over 5 years)

Long term home ownership (over 5 years)

Minimal consumer debt

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617288

XXXX

Closed

2024-03-XX 16:28

2024-03-XX 20:46

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617288

XXXX

Closed

2024-03-XX 18:09

2024-03-XX 20:45

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617250

XXXX

Closed

2024-03-XX 17:29

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Privacy Notice Required - Missing or Incomplete

Acknowledged-Privacy Notice Required - Missing or Incomplete This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617250

XXXX

Closed

2024-03-XX 17:26

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617250

XXXX

Closed

2024-03-XX 15:36

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617291

XXXX

Closed

2024-03-XX 18:24

2024-03-XX 19:16

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617291

XXXX

Closed

2024-03-XX 18:32

2024-03-XX 19:15

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617041

XXXX

Closed

2024-03-XX 17:28

2024-08-XX 15:02

Resolved

1 - Information

Credit

Income/Employment

Income 2 Months Income Verified is Missing

Resolved-Income 2 Months Income Verified is Present Or Not Applicable - Due Diligence Vendor-03/29/2024

Ready for Review-Document Uploaded. Please see attached Asset statement and Income Worksheet for Asset Depletion. - Buyer-03/29/2024

Open-Income 2 Months Income Verified is Missing Lender used monthly income for the Co-Borrower in the amount of $XX,XXX.XX from asset depletion. No verification provided in the loan file. - Due Diligence Vendor-03/28/2024

Resolved-Income 2 Months Income Verified is Present Or Not Applicable - Due Diligence Vendor-03/29/2024

Asset Depletion.pdf

Income Worksheet.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617041

XXXX

Closed

2024-03-XX 17:28

2024-08-XX 15:02

Resolved

1 - Information

Credit

Income/Employment

Income 3 Months Income Verified is Missing

Resolved-Income 3 Months Income Verified is Present Or Not Applicable - Due Diligence Vendor-03/29/2024

Ready for Review-Document Uploaded. Please see attached Asset statement and Income Worksheet for Asset Depletion. - Buyer-03/29/2024

Open-Income 3 Months Income Verified is Missing Lender used monthly income for the Co-Borrower in the amount of $XX,XXX.XX from asset depletion. No verification provided in the loan file. - Due Diligence Vendor-03/28/2024

Resolved-Income 3 Months Income Verified is Present Or Not Applicable - Due Diligence Vendor-03/29/2024

Income Worksheet.pdf

Asset Depletion.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617041

XXXX

Closed

2024-03-XX 18:04

2024-03-XX 13:44

Resolved

1 - Information

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Resolved-Audited DTI of 46.12% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-03/29/2024

Ready for Review-Document Uploaded. Please see attached Asset statement and Income Worksheet for Asset Depletion. - Buyer-03/29/2024

Open-Audited DTI of 92.79% exceeds Guideline DTI of 50% Guidelines reflect a maximum DTI of 50%. The audited DTI is 92.79%. The loan file is missing all income verification for the Co-Borrower to verify $XX,XXX.XX per month. Additional conditions may apply upon receipt. - Due Diligence Vendor-03/28/2024

Resolved-Audited DTI of 46.12% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-03/29/2024

Income Worksheet.pdf

Asset Depletion.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617041

XXXX

Closed

2024-03-XX 14:16

2024-03-XX 18:08

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617041

XXXX

Closed

2024-03-XX 16:46

2024-03-XX 18:08

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617108

XXXX

Closed

2024-03-XX 15:21

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617108

XXXX

Closed

2024-03-XX 13:50

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617140

XXXX

Closed

2024-03-XX 16:01

2024-03-XX 13:08

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617140

XXXX

Closed

2024-03-XX 17:20

2024-03-XX 13:07

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617102

XXXX

Closed

2024-03-XX 19:52

2024-04-XX 14:57

Resolved

1 - Information

Credit

Missing Doc

HO6 Master Insurance Policy is Missing

Resolved-HO-6 Master Insurance Policy is fully present - Due Diligence Vendor-04/01/2024

Ready for Review-Document Uploaded. Please see attached Master Policy. - Buyer-04/01/2024

Open-Missing HO-6 Master Insurance Policy - Due Diligence Vendor-03/27/2024

Resolved-HO-6 Master Insurance Policy is fully present - Due Diligence Vendor-04/01/2024

Master Policy.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617102

XXXX

Closed

2024-03-XX 19:12

2024-03-XX 15:45

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Privacy Notice Required - Missing or Incomplete

Acknowledged-Privacy Notice Required - Missing or Incomplete . This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617102

XXXX

Closed

2024-03-XX 19:36

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617102

XXXX

Closed

2024-03-XX 19:15

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-03/27/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617253

XXXX

Closed

2024-04-XX 15:22

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Missing Notice of Servicing Transfer

Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/11/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Post-Close

XXXX

20250617253

XXXX

Closed

2024-04-XX 14:59

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. “This finding will be rated a C for S&P. All other agencies will be rated as A.” - Due Diligence Vendor-04/11/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Post-Close

XXXX

20250617253

XXXX

Closed

2024-04-XX 14:02

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/11/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Post-Close

XXXX

20250617356

XXXX

Closed

2024-04-XX 17:22

2024-04-XX 22:03

Resolved

1 - Information

Compliance

Disclosure

HELOC Initial Disclosure is missing

Resolved-HELOC Initial Disclosure provided - Due Diligence Vendor-04/15/2024

Ready for Review-Document Uploaded. Please find the attached HELOC Initial Disclosure. - Buyer-04/15/2024

Open-HELOC Initial Disclosure is missing - Due Diligence Vendor-04/11/2024

Resolved-HELOC Initial Disclosure provided - Due Diligence Vendor-04/15/2024

XXXXXXXXXX Ini Disclosure.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617356

XXXX

Closed

2024-04-XX 11:35

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/12/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617356

XXXX

Closed

2024-04-XX 19:14

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Missing Notice of Servicing Transfer

Acknowledged-This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/11/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Post-Close

XXXX

20250617038

XXXX

Closed

2024-04-XX 12:38

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A.” - Due Diligence Vendor-04/12/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617038

XXXX

Closed

2024-04-XX 10:43

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/12/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617247

XXXX

Closed

2024-04-XX 17:39

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-04/12/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617247

XXXX

Closed

2024-04-XX 15:35

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-04/12/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617248

XXXX

Closed

2024-04-XX 15:12

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Missing Notice of Servicing Transfer

Acknowledged-

This finding is non-material and will be rated a B for all agencies.

- Due Diligence Vendor-04/12/2024

Acknowledged-

This finding is non-material and will be rated a B for all agencies.

- Due Diligence Vendor-04/12/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617248

XXXX

Closed

2024-04-XX 15:11

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-04/12/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617045

XXXX

Closed

2024-04-XX 19:37

2024-04-XX 13:29

Resolved

1 - Information

Credit

Missing Doc

Evidence of Property Tax Missing

Resolved-Evidence of Property Tax is present - Due Diligence Vendor-04/17/2024

Ready for Review-Document Uploaded. Please see attached Title Along with Tax Information for the subject property - Buyer-04/16/2024

Open-Missing Evidence of Property Tax for the subject property. - Due Diligence Vendor-04/16/2024

Resolved-Evidence of Property Tax is present - Due Diligence Vendor-04/17/2024

Title Along with Tax Information for the subject property.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617045

XXXX

Closed

2024-04-XX 19:37

2024-04-XX 13:29

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document is not Missing - Due Diligence Vendor-04/17/2024

Ready for Review-Document Uploaded. Please see attached Title Along with Tax Information for the subject property - Buyer-04/16/2024

Open-Title Document is missing - Due Diligence Vendor-04/15/2024

Resolved-Title Document is not Missing - Due Diligence Vendor-04/17/2024

Title Along with Tax Information for the subject property.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617045

XXXX

Closed

2024-04-XX 13:08

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/16/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617045

XXXX

Closed

2024-04-XX 19:20

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/15/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617243

XXXX

Closed

2024-04-XX 14:57

2024-04-XX 19:59

Resolved

1 - Information

Credit

Missing Doc

Flood Insurance Policy Missing

Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-04/22/2024

Ready for Review-Document Uploaded. Document Uploaded. Please see attached flood policy - Buyer-04/19/2024

Open-Missing Flood Insurance Policy - Due Diligence Vendor-04/17/2024

Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-04/22/2024

Flood Insurance policy.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617243

XXXX

Closed

2024-04-XX 13:06

2024-04-XX 19:54

Resolved

1 - Information

Credit

Missing Doc

Missing income documentation

Resolved-Income documentation received. - Due Diligence Vendor-04/22/2024

Ready for Review-Document Uploaded. Please see attached bank statement to verify receipts of SSA income and pension income. Pension income is the combinaton of 5 incomes, - Buyer-04/19/2024

Open-There are 6 income streams which require verification of receipt with two months bank statements, the Bank Statement in the loan file only verify receipt of 4 of the income streams. - Due Diligence Vendor-04/19/2024

Resolved-Income documentation received. - Due Diligence Vendor-04/22/2024

Bank statement to verify SSA income.pdf

Bank statement to verify pension income.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617243

XXXX

Closed

2024-04-XX 15:10

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. “This finding will be rated a C for S&P. All other agencies will be rated as A.” - Due Diligence Vendor-04/17/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617259

XXXX

Closed

2024-04-XX 13:23

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/18/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617259

XXXX

Closed

2024-04-XX 12:45

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/18/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617111

XXXX

Closed

2024-04-XX 06:47

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/19/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617208

XXXX

Closed

2024-04-XX 11:30

2024-04-XX 20:49

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document is not Missing - Due Diligence Vendor-04/24/2024

Ready for Review-Document Uploaded. Please see attached Title documents - Buyer-04/23/2024

Open-Title Document is missing - Due Diligence Vendor-04/19/2024

Resolved-Title Document is not Missing - Due Diligence Vendor-04/24/2024

Title Document.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617208

XXXX

Closed

2024-04-XX 13:46

Waived

2 - Non-Material

Credit

Eligibility

Transaction Ineligible

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617208

XXXX

Closed

2024-04-XX 11:48

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-04/19/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617208

XXXX

Closed

2024-04-XX 10:47

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/19/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617359

XXXX

Closed

2024-04-XX 14:31

2024-04-XX 20:47

Resolved

1 - Information

Credit

Missing Doc

Flood Insurance Policy Missing

Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-04/24/2024

Ready for Review-Document Uploaded. Please see attached Flood Policy - Buyer-04/23/2024

Open-Missing Flood Insurance Policy - Due Diligence Vendor-04/19/2024

Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-04/24/2024

Flood INsurance.pdf

Second Home

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617359

XXXX

Closed

2024-04-XX 14:12

2024-04-XX 20:43

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document is not Missing - Due Diligence Vendor-04/24/2024

Ready for Review-Document Uploaded. Please see attached Title documents. - Buyer-04/23/2024

Open-Title Document is missing - Due Diligence Vendor-04/19/2024

Resolved-Title Document is not Missing - Due Diligence Vendor-04/24/2024

Title Document.pdf

Second Home

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617359

XXXX

Closed

2024-04-XX 13:21

Waived

2 - Non-Material

Credit

Eligibility

Transaction Ineligible

Second Home

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617359

XXXX

Closed

2024-04-XX 15:18

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/19/2024

Second Home

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617359

XXXX

Closed

2024-04-XX 13:59

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/19/2024

Second Home

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617282

XXXX

Closed

2024-04-XX 11:03

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-04/22/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617282

XXXX

Closed

2024-04-XX 10:15

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is nonmaterial and will be rated a B for all agencies. - Due Diligence Vendor-04/22/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617255

XXXX

Closed

2024-04-XX 13:13

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies.

- Due Diligence Vendor-04/22/2024

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies.

- Due Diligence Vendor-04/22/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617245

XXXX

Closed

2024-04-XX 20:05

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/22/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617245

XXXX

Closed

2024-04-XX 19:20

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/22/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617251

XXXX

Closed

2024-04-XX 07:25

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/23/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617251

XXXX

Closed

2024-04-XX 07:25

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Privacy Notice Required - Missing or Incomplete

Acknowledged-Privacy Notice Required - Missing or Incomplete This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/23/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617251

XXXX

Closed

2024-04-XX 06:49

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/23/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617286

XXXX

Closed

2024-05-XX 15:34

2024-05-XX 02:13

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. “This finding will be rated a C for S&P. All other agencies will be rated as A.” - Due Diligence Vendor-05/16/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617293

XXXX

Closed

2024-05-XX 13:52

2024-05-XX 13:57

Acknowledged

2 - Non-Material

Compliance

Disclosure

RESPA: AfBA Disclosure not provided timely

Acknowledged-RESPA: AfBA Disclosure Date 04/19/2024 is not within three business days of Application Date. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-05/22/2024

Acknowledged-RESPA: AfBA Disclosure Date XX/XX/XXXX is not within three business days of Application Date. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-05/22/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617293

XXXX

Closed

2024-05-XX 11:34

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-05/21/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617145

XXXX

Closed

2024-05-XX 18:32

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. - Due Diligence Vendor-05/15/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617104

XXXX

Closed

2024-05-XX 19:54

2024-05-XX 19:55

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. - Due Diligence Vendor-05/15/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617110

XXXX

Closed

2024-05-XX 19:02

2024-05-XX 20:12

Resolved

1 - Information

Credit

Missing Doc

The Note is Incomplete

Resolved-Completed not received. - Due Diligence Vendor-05/17/2024

Ready for Review-Document Uploaded. Please find the attached The HELOC Agreement is missing a dollar amount for the Documentary Tax Stamps on Page 1. - Buyer-05/17/2024

Open-The Note is Incomplete The HELOC Agreement is missing a dollar amount for the Documentary Tax Stamps on Page 1. - Due Diligence Vendor-05/16/2024

Resolved-Completed not received. - Due Diligence Vendor-05/17/2024

XXXXXXX (1).pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617110

XXXX

Closed

2024-05-XX 18:55

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. “This finding will be rated a C for S&P. All other agencies will be rated as A.” - Due Diligence Vendor-05/15/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617209

XXXX

Closed

2024-05-XX 16:07

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Waiver for FSD score granted prior to close.

- Due Diligence Vendor-05/21/2024

Waived-Waiver for FSD score granted prior to close.

- Due Diligence Vendor-05/21/2024

LTV 10% or more under requirement

Total Debt 10% of more under requirement

Residual income of $XX or more

Long term home ownership (over 5 years)

Minimal consumer debt

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617209

XXXX

Closed

2024-05-XX 21:29

2024-05-XX 16:06

Resolved

1 - Information

Property

Value

Missing Valuation Review Product - 1

Resolved-Valuation product in file. - Due Diligence Vendor-05/21/2024

Ready for Review-Document Uploaded. PFA Exception form - Buyer-05/21/2024

Open-A valid secondary valuation supporting the origination appraisal value is not present. Guidelines, section 5.8. 4-5-7, require AVM FSD to be equal to or below 12.5 (87.50%) if being used to determine subject property value. An AVM less than or equal to 20 may be used on an exception basis to determine subject property value. No exception in file. The AVM in file had FSD of .14 (86.0%) - Due Diligence Vendor-05/18/2024

Resolved-Valuation product in file. - Due Diligence Vendor-05/21/2024

XXXXXXXXXX XXXXX Exception Form.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617209

XXXX

Closed

2024-05-XX 14:39

2024-05-XX 21:52

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. For this finding, please add the below to the auto generated breach narrative: “This finding will be rated a C for S&P. All other agencies will be rated as A.” - Due Diligence Vendor-05/17/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617099

XXXX

Closed

2024-05-XX 22:35

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/18/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617207

XXXX

Closed

2024-05-XX 17:02

2024-05-XX 19:45

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/30/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617317

XXXX

Closed

2024-05-XX 07:25

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/18/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617317

XXXX

Closed

2024-05-XX 06:36

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-05/18/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617284

XXXX

Closed

2024-05-XX 11:35

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/19/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617294

XXXX

Closed

2024-05-XX 21:45

2024-05-XX 16:00

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Waiver received prior to close. - Due Diligence Vendor-05/23/2024

Ready for Review-Document Uploaded. PFA Exception form uploaded - Buyer-05/22/2024

Open-Lender Guidelines, section 5.8. 4-5-7, require AVM FSD to be equal to or below 12.5 (87.50%) if being used to determine subject property value. An AVM less than or equal to 20 may be used on an exception basis to determine subject property value. No Exception in file. The AVM in file had FSD of .14 (86.0%) - Due Diligence Vendor-05/21/2024

Waived-Waiver received prior to close. - Due Diligence Vendor-05/23/2024

XXXXXXXXXX XXXX Exception Form.pdf

TV 10% or more under requirement

FICO 20 points above requirement

Total Debt 10% of more under requirement

Residual income of $XX or more

Long term employment (over 5 years)

Long term home ownership (over 5 years)

Minimal consumer debt

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617294

XXXX

Closed

2024-05-XX 07:16

2024-05-XX 12:15

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617252

XXXX

Closed

2024-05-XX 12:31

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-05/21/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617096

XXXX

Closed

2024-05-XX 19:00

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/20/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617257

XXXX

Closed

2024-05-XX 20:06

2024-05-XX 17:20

Resolved

1 - Information

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Resolved-Proof of same liability received. - Due Diligence Vendor-05/28/2024

Ready for Review-Document Uploaded. PFA Lightstream XXXX same as XXXXXXXX XXXX XXX XX XXXX account with document to exclude from debt reason. - Buyer-05/24/2024

Open-Audited DTI of 52.68% exceeds Guideline DTI of 50% Audit included payment that the lender did not include for $XXX per month from the Credit report dated XX/XX/XXXX - Due Diligence Vendor-05/22/2024

Resolved-Proof of same liability received. - Due Diligence Vendor-05/28/2024

XXXXXXXXXXX XXXX same as XXXXXXXX XXXX XXX XX.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617257

XXXX

Closed

2024-05-XX 09:19

2024-05-XX 11:09

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/21/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617037

XXXX

Closed

2024-05-XX 17:50

2024-05-XX 17:09

Acknowledged

2 - Non-Material

Credit

Missing Doc

Missing income documentation

Acknowledged-Exception granted for use of award letter w/o bank statement for SSI confirmation. - Due Diligence Vendor-05/31/2024

Ready for Review-Document Uploaded. PFA Exception approved to use only Award letter for SSI income - future guideline update removing bank statement requirements. - Buyer-05/31/2024

Open-Lender guidelines require two months bank statements verifying the receipt of the SSI Income; there is only one month varification of the SSI Income. - Due Diligence Vendor-05/22/2024

Acknowledged-Exception granted for use of award letter w/o bank statement for SSI confirmation. - Due Diligence Vendor-05/31/2024

XXXXXXXXXX XXXX Exception Form.pdf

LTV 10% or more under requirement

Residual income of $XX or more

Long term home ownership (over 5 years)

Minimal consumer debt

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617037

XXXX

Closed

2024-05-XX 10:34

2024-05-XX 12:22

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

- Due Diligence Vendor-05/21/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617319

XXXX

Closed

2024-05-XX 14:36

2024-05-XX 19:08

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Waiver provided for FSD score prior to close. - Due Diligence Vendor-05/28/2024

Ready for Review-Document Uploaded. PFA Exception form - Buyer-05/24/2024

Open-Guidelines, section 5.8. 4-5-7, require AVM FSD to be equal to or below 12.5 (87.50%) if being used to determine subject property value. An AVM less than or equal to 20 may be used on an exception basis to determine subject property value. Exception in file is not approved. The AVM in file had FSD 0.13 (87.0%) - Due Diligence Vendor-05/23/2024

Waived-Waiver provided for FSD score prior to close. - Due Diligence Vendor-05/28/2024

XXXXXXXXXX XX Exception Form.pdf

LTV 10% or more under requirement ( LTV 69.94% , 800% G/l requirement)

FICO 20 Points above requirement (Not met; required FICO 760; actual FICO 771)

Second Home

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617319

XXXX

Closed

2024-05-XX 14:06

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Second Home

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617093

XXXX

Closed

2024-05-XX 17:29

2024-05-XX 16:11

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/21/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617094

XXXX

Closed

2024-05-XX 14:57

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/22/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617103

XXXX

Closed

2024-05-XX 07:56

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617034

XXXX

Closed

2024-05-XX 13:11

2025-04-XX 14:53

Waived

2 - Non-Material

Credit

Eligibility

Audited Loan Amount is less than Guideline Minimum Loan Amount

Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B. - Due Diligence Vendor-04/09/2025

Acknowledged-Exception granted for loan amount below minimum. - Due Diligence Vendor-06/03/2024

Ready for Review-Document Uploaded. PFA Exception form - Buyer-05/24/2024

Open-Audited Loan Amount of $XX,XXX.XX is less than the Guideline Minimum Loan Amount of $50000 Per the lender guidelines, the minimum loan amount is $XX,XXX.XX. The file is missing an exception for the $XX,XXX.XX loan amount. - Due Diligence Vendor-05/23/2024

Acknowledged-Exception granted for loan amount below minimum. - Due Diligence Vendor-06/03/2024

XXXXXXXXXX XXXXXX Exception Form.pdf

LTV 10% or more under requirement

FICO 20 points above requirement

Total Debt 10% of more under requirement

Residual income of $XX or more

Long term employment (over 5 years)

Long term home ownership (over 5 years)

Minimal consumer debt

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617034

XXXX

Closed

2024-05-XX 14:59

2024-05-XX 19:05

Resolved

1 - Information

Credit

Missing Doc

Required Documentation is Missing

Resolved-Acknowledged exception received. - Due Diligence Vendor-05/28/2024

Ready for Review-Document Uploaded. PFA Exception form - Buyer-05/24/2024

Open-Missing Acceptable AVM model per lender guidelines. Unexecuted lender exception in file. - Due Diligence Vendor-05/23/2024

Resolved-Acknowledged exception received. - Due Diligence Vendor-05/28/2024

XXXXXXXXXX XXXXXX Exception Form AVM.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617034

XXXX

Closed

2024-05-XX 14:40

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A.” - Due Diligence Vendor-05/23/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617034

XXXX

Closed

2024-05-XX 14:17

Waived

2 - Non-Material

Credit

Eligibility

Transaction Ineligible

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617107

XXXX

Closed

2024-05-XX 16:29

2024-05-XX 15:11

Resolved

1 - Information

Compliance

Disclosure

HUD fees and HELOC Agreement fees do not match

Resolved-Documentation received. - Due Diligence Vendor-05/29/2024

Ready for Review-Document Uploaded. HUD 1 and Heloc Agreement both document fees are matching . Please find the attached both document . - Buyer-05/29/2024

Open-Fees collected on HUD1/Settlement Statement do not match fees reflected in HELOC Agreement. - Due Diligence Vendor-05/24/2024

Resolved-Documentation received. - Due Diligence Vendor-05/29/2024

HUD.pdf

Heloc Dis.pdf

Heloc Agreement.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617107

XXXX

Closed

2024-05-XX 07:23

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/24/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617318

XXXX

Closed

2024-05-XX 18:05

2024-05-XX 14:53

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Waiver granted prior to close for AVM product. - Due Diligence Vendor-05/29/2024

Ready for Review-Document Uploaded. PFA Exception to use XXXXXXXXXX (formerly XXXXX XXXXXXX) product for AVM. - Note this product added in XX/XX/XXXX guideline - Buyer-05/28/2024

Open-AVM provided is not from the approved list of vendors per the Lender Guidelines. - Due Diligence Vendor-05/24/2024

Waived-Waiver granted prior to close for AVM product. - Due Diligence Vendor-05/29/2024

XXXXXXXXXX XXXXXXX Exception Form.pdf

LTV 10% or more under requirement

Residual income of $XX or more

Long term home ownership (over 5 years)

Minimal consumer debt

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617318

XXXX

Closed

2024-05-XX 10:10

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/24/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617098

XXXX

Closed

2024-05-XX 13:50

2024-05-XX 18:48

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/30/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617283

XXXX

Closed

2024-05-XX 20:11

2024-05-XX 20:55

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Waiver for FSD granted prior to close. - Due Diligence Vendor-05/31/2024

Ready for Review-Document Uploaded. PFA Exception form - Buyer-05/31/2024

Counter-Please provide signed exception - Due Diligence Vendor-05/31/2024

Ready for Review-Exception form is already available in the Loan package on page # 646 of 649.

- Buyer-05/30/2024

Ready for Review-Exception form is already available in the Loan package on page # 546 of 549. - Buyer-05/30/2024

The AVM Vendor does not appear on the Acceptable AVM Models per the Lender Guidelines. - Due Diligence Vendor-05/30/2024

Waived-Waiver for FSD granted prior to close. - Due Diligence Vendor-05/31/2024

XXXXXXXXXX XXXXXX Exception Form.pdf

LTV 10% or more under requirement

Residual income of $XX or more

Long term home ownership (over 5 years)

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617283

XXXX

Closed

2024-05-XX 15:04

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/30/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617097

XXXX

Closed

2024-05-XX 11:06

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/29/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617142

XXXX

Closed

2024-05-XX 18:16

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/29/2024

Second Home

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617256

XXXX

Closed

2024-06-XX 22:13

2024-06-XX 18:51

Resolved

1 - Information

Compliance

Disclosure

HUD fees and HELOC Agreement fees do not match

Resolved-Matching documentation received. - Due Diligence Vendor-06/12/2024

Ready for Review-Document Uploaded. Please find attached the Final SS document match with Heloc Disbursement schedule. - Buyer-06/12/2024

Open-Fees collected on HUD1/Settlement Statement do not match fees reflected in HELOC Agreement. Recording fees and a Deed request fee do not match.

- Due Diligence Vendor-06/11/2024

Resolved-Matching documentation received. - Due Diligence Vendor-06/12/2024

HELOC Disbursement schedule (1).pdf

Final SF Loan Policy.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617256

XXXX

Closed

2024-06-XX 14:18

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/06/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617287

XXXX

Closed

2024-05-XX 09:31

2025-04-XX 14:56

Waived

2 - Non-Material

Credit

Income/Employment

Income and Employment Do Not Meet Guidelines

Acknowledged-Exception approved to use only Award letter for SSI income - Due Diligence Vendor-05/31/2024

Ready for Review-Document Uploaded. PFA Exception approved to use only Award letter for SSI income - future guideline update removing bank statement requirements. - Buyer-05/31/2024

Open-Income and Employment Do Not Meet Guidelines Missing two months bank statements verifying the receipt of the co-borrower's social security income as reuired by Lender's Guidelines. - Due Diligence Vendor-05/30/2024

Acknowledged-Exception approved to use only Award letter for SSI income - Due Diligence Vendor-05/31/2024

XXXXXXXXXX XXXXXXX Exception Form.pdf

Residual income of $XX or more

Minimal consumer debt

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617287

XXXX

Closed

2024-05-XX 10:29

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/30/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617296

XXXX

Closed

2024-05-XX 17:19

2024-05-XX 16:41

Resolved

1 - Information

Credit

Income/Employment

Borrower 1 Tax Returns Not Signed

Resolved- - Due Diligence Vendor-05/30/2024

Ready for Review-Document Uploaded. PFA Tax transcripts hence signed tax returns not required. Unsigned tax returns acceptable. - Buyer-05/29/2024

Open-Borrower 1 Tax Returns Not Signed Guidelines, section 2.6.4. 4-2-6-4, require personal tax returns to be signed and dated. - Due Diligence Vendor-05/29/2024

Resolved- - Due Diligence Vendor-05/30/2024

Tax transcripts.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617296

XXXX

Closed

2024-05-XX 18:47

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing The affiliated business disclosure is in file; however, it is not dated within 3 days of the loan application. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-05/29/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617296

XXXX

Closed

2024-05-XX 18:13

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-05/29/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617043

XXXX

Closed

2024-05-XX 19:22

2024-05-XX 16:28

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A.” - Due Diligence Vendor-05/29/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617036

XXXX

Closed

2024-06-XX 10:27

2024-06-XX 17:39

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/04/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617244

XXXX

Closed

2024-06-XX 14:20

2024-06-XX 15:31

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/05/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617040

XXXX

Closed

2024-06-XX 19:17

2024-08-XX 14:28

Resolved

1 - Information

Compliance

Disclosure

HUD fees and HELOC Agreement fees do not match

Resolved-Fees collected on HUD1/Settlement Statement match fees reflected in HELOC Agreement. - Due Diligence Vendor-06/07/2024

Ready for Review-Document Uploaded. An updated/corrected HELOC agreement is not required if prepaid interest is changed. Only HELOC DS is required to be sent. We have already sent the corrected HELOC DS to the Borrower. Please find the attached copy of corrected HELOC DS. - Buyer-06/07/2024

Open-Fees collected on HUD1/Settlement Statement do not match fees reflected in HELOC Agreement. The HELOC Note shows prepaid interest $XXX.XX. The Certified Settlement Statement and the Home Equity Revolving Loan Disbursement Schedule show prepaid interest $XXX.XX - Due Diligence Vendor-06/06/2024

Resolved-Fees collected on HUD1/Settlement Statement match fees reflected in HELOC Agreement. - Due Diligence Vendor-06/07/2024

Final SS.pdf

HELOC Disbursement schedule.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617040

XXXX

Closed

2024-06-XX 21:25

2024-06-XX 19:19

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/05/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617143

XXXX

Closed

2024-06-XX 13:25

2024-08-XX 17:21

Resolved

1 - Information

Property

Missing Doc

Missing Appraisal (Property)

Resolved-Primary Valuation (AVM) obtained. AVM dated after closing, but prior to Funding, is acceptable. Condition Resolved. - Due Diligence Vendor-08/01/2024

Resolved-Appraisal or other primary valuation product was provided - Due Diligence Vendor-06/07/2024

Ready for Review-Document Uploaded. PFA attached AVM for subject property. - Buyer-06/06/2024

Open-Appraisal or other primary valuation product is missing No AVM or appraisal in file. Additional conditions may apply. - Due Diligence Vendor-06/06/2024

Resolved-Primary Valuation (AVM) obtained. AVM dated after closing, but prior to Funding, is acceptable. Condition Resolved. - Due Diligence Vendor-08/01/2024

Resolved-Appraisal or other primary valuation product was provided - Due Diligence Vendor-06/07/2024

AVM.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617143

XXXX

Closed

2024-06-XX 13:24

2024-06-XX 15:27

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/06/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617258

XXXX

Closed

2024-06-XX 16:36

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/06/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617035

XXXX

Closed

2024-06-XX 10:25

2024-06-XX 15:31

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/05/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617139

XXXX

Closed

2024-06-XX 16:14

2024-06-XX 18:39

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/04/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617141

XXXX

Closed

2024-06-XX 08:24

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/06/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617109

XXXX

Closed

2024-06-XX 14:12

2024-06-XX 17:36

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/05/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617147

XXXX

Closed

2024-06-XX 14:29

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/05/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617042

XXXX

Closed

2024-06-XX 14:40

2025-04-XX 15:01

Waived

2 - Non-Material

Credit

Missing Doc

Missing income documentation

Acknowledged-Exception granted to allow award letter without bank statement support. - Due Diligence Vendor-06/10/2024

Ready for Review-Document Uploaded. PFA- Approved exception from to use only Award letter for SSI income. - Buyer-06/07/2024

Open-The lender guidelines require two months bank statements to verify of receipt of retirement income is missing from file. - Due Diligence Vendor-06/05/2024

Acknowledged-Exception granted to allow award letter without bank statement support. - Due Diligence Vendor-06/10/2024

XXXXXXXXXX XXXXX Exception Form.pdf

LTV 10% or more under requirement

FICO 20 points above requirement

Long term home ownership (over 5 years)

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617042

XXXX

Closed

2024-06-XX 14:32

2024-06-XX 19:32

Acknowledged

1 - Information

Property

Value

S&P CU/LCA score and secondary product not within tolerance

Acknowledged-S&P value equals C, junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. “This finding will be rated a C for S&P. All other agencies will be rated as A.”

- Due Diligence Vendor-06/05/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Post-Close

XXXX

20250617100

XXXX

Closed

2024-06-XX 10:06

2024-06-XX 20:47

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A.

- Due Diligence Vendor-06/06/2024

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A.

- Due Diligence Vendor-06/06/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617281

XXXX

Closed

2025-04-XX 18:29

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/08/2025

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617290

XXXX

Closed

2024-06-XX 07:19

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/07/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617289

XXXX

Closed

2024-06-XX 06:22

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/07/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617033

XXXX

Closed

2024-06-XX 09:21

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/07/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617285

XXXX

Closed

2024-06-XX 11:47

2024-06-XX 18:09

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/07/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617039

XXXX

Closed

2024-06-XX 20:07

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/09/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617113

XXXX

Closed

2024-06-XX 12:33

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/07/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617105

XXXX

Closed

2024-06-XX 15:18

2024-08-XX 17:50

Resolved

1 - Information

Credit

Income/Employment

Income and Employment Do Not Meet Guidelines

Resolved-Income and Employment Meet Guidelines - Due Diligence Vendor-06/11/2024

Open- - Due Diligence Vendor-06/11/2024

Ready for Review-Document Uploaded. PFA approved exception form for using SSI award letter and removing bank statement requirements. - Buyer-06/10/2024

Open-Income and Employment Do Not Meet Guidelines Lender Guidelines require two months bank statements verifying the receipt of the borrowers Social Security Income; bank statements are missing from the file. - Due Diligence Vendor-06/07/2024

Resolved-Income and Employment Meet Guidelines - Due Diligence Vendor-06/11/2024

XXXXXXXXXX XXXXXXXXXX Exception Form.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617105

XXXX

Closed

2024-06-XX 14:19

2024-06-XX 15:58

Resolved

1 - Information

Compliance

Disclosure

HUD fees and HELOC Agreement fees do not match

Resolved-Updated documentation received. - Due Diligence Vendor-06/11/2024

Ready for Review-Document Uploaded. Please find the attached Heloc Disbursement Schedule document matching with Final SS document. - Buyer-06/10/2024

Open-Fees collected on HUD1/Settlement Statement do not match fees reflected in HELOC Agreement. The ALTA Settlement Statement reflects an Appraisal Desk Review Fee that does not appear on the HELOC Agreement. - Due Diligence Vendor-06/09/2024

Resolved-Updated documentation received. - Due Diligence Vendor-06/11/2024

HELOC Disbursement schedule.pdf

Final SS.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617105

XXXX

Closed

2024-06-XX 18:46

2024-06-XX 15:57

Resolved

1 - Information

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Resolved-Additional income documentation received. - Due Diligence Vendor-06/11/2024

Ready for Review-Document Uploaded. Borrower is receiving SSI on behalf of minor child. Please find attached birth certificate of minor child born on XX/XXXX and SSI award letter - Buyer-06/10/2024

Open-Audited DTI of 54.53% exceeds Guideline DTI of 50%-SSA Award Letter provided for Borrower 1 does not reflect the borrower's name. - Due Diligence Vendor-06/07/2024

Resolved-Additional income documentation received. - Due Diligence Vendor-06/11/2024

SSI Award Letter.pdf

Birth Certificate.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617105

XXXX

Closed

2024-06-XX 14:08

2024-06-XX 17:01

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Exception to use AVM with FSD 14.

- Due Diligence Vendor-06/10/2024

Ready for Review-Document Uploaded. PFA approved exception form for FSD 14. - Buyer-06/10/2024

Open-Guidelines, section 5.8. 4-5-7, require AVM FSD to be equal to or below 12.5 (87.50%) if being used to determine subject property value. An AVM less than or equal to 20 may be used on an exception basis to determine subject property value. No exception in file. The AVM in file had FSD of 0.14 (86.0%) - Due Diligence Vendor-06/09/2024

Waived-Exception to use AVM with FSD 14.

- Due Diligence Vendor-06/10/2024

XXXXXXXXXX XXXXXXXXXX Exception Form.pdf

LTV 10% or more under requirement

Residual income of $XX or more

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617105

XXXX

Closed

2024-06-XX 17:47

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-06/07/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617246

XXXX

Closed

2024-06-XX 15:16

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/07/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617012

XXXX

Closed

2024-06-XX 10:55

2024-06-XX 18:03

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/14/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617020

XXXX

Closed

2024-06-XX 19:10

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/17/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617159

XXXX

Closed

2024-06-XX 18:23

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/27/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617066

XXXX

Closed

2024-06-XX 15:24

2024-07-XX 20:37

Resolved

1 - Information

Credit

Missing Doc

Missing income documentation

Resolved-Two months' bank statements provided evidencing receipt of SSI and Pension incomes. Finding resolved. - Due Diligence Vendor-07/02/2024

Ready for Review-Document Uploaded. PFA two month bank statement with SSI deposits of $X.XXX dated XX/XX/XXXX & XX/XX/XXXX and pension income deposits of $XXXX dated XX/XX/XXXX and XX/XX/XXXX. - Buyer-07/02/2024

Open-Missing two months bank statements verifying the receipt of the SSI income and Pension; only 1 month bank statement provided. Missing proof of receipt of the Pension Income as documented by one or more of the following: a statement from the organization providing the income, a copy of the retirement award letter or benefit statement, a copy of the financial or bank account statement, a copy of the signed federal income tax return (single filers only), an IRS W-2 form, or an IRS 1099 form (per Lender Guideline Section 2.6.14.1. 4-2-6-13a). - Due Diligence Vendor-06/26/2024

Resolved-Two months' bank statements provided evidencing receipt of SSI and Pension incomes. Finding resolved. - Due Diligence Vendor-07/02/2024

Two Month Bank Statement.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617066

XXXX

Closed

2024-06-XX 14:30

2024-07-XX 13:35

Resolved

1 - Information

Credit

Missing Doc

Flood Insurance Policy Missing

Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-07/02/2024

Ready for Review-Document Uploaded. PFA Flood Ins policy - Buyer-07/02/2024

Open-Missing Flood Insurance Policy - Due Diligence Vendor-06/26/2024

Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-07/02/2024

Flood Ins.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617066

XXXX

Closed

2024-06-XX 19:18

2024-07-XX 13:30

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Party approving waiver has the authority to do so. Waiver received to forego exterior inspection. - Due Diligence Vendor-07/25/2024

Ready for Review-Document Uploaded. PFA approved exception form. XXXXX XXXXXXX is authorized to approve exceptions. - Buyer-07/01/2024

Open-Lender Guidelines require an Exterior Inspection for all first liens. Lender Exception in the loan file is not signed. - Due Diligence Vendor-06/27/2024

Waived-Party approving waiver has the authority to do so. Waiver received to forego exterior inspection. - Due Diligence Vendor-07/25/2024

XXXXXXXXXX-Exception Form.pdf

1 - LTV 10% or more under requirements (G/L: 70%; Actual 13.688%)

2 - FICO 20 points above requirements (G/L: 660; Actual - 680)

3 -Long Term Home ownership (over 5 years) (Owned property 18 years, 5 months)

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617066

XXXX

Closed

2024-06-XX 15:18

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617066

XXXX

Closed

2024-06-XX 13:15

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: AfBA Disclosure is Missing

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies.

- Due Diligence Vendor-06/26/2024

Acknowledged-RESPA: AfBA Disclosure is Missing This finding is non-material and will be rated a B for all agencies.

- Due Diligence Vendor-06/26/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617239

XXXX

Closed

2024-06-XX 15:13

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. “This finding will be rated a C for S&P. All other agencies will be rated as A.” - Due Diligence Vendor-06/27/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617311

XXXX

Closed

2024-06-XX 18:18

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-06/26/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617300

XXXX

Closed

2024-06-XX 18:16

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/27/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617022

XXXX

Closed

2024-07-XX 16:26

2024-09-XX 15:42

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Guidelines, section 5.8. 4-5-7, require AVM FSD to be equal to or below 12.5 (87.50%) if being used to determine subject property value. An AVM less than or equal to 20 may be used on an exception basis to determine subject property value. The AVM in file had FSD of 0.15 (85.0%). Lender provided approved exception dated {prior to / post} origination and all lender compensating factors have been documented and validated. This finding is non-material and will be rated a B for all agencies.

- Due Diligence Vendor-09/20/2024

1 - Total debt 10% or more under requirements - (G/L DTI 45% - Actual DTI 20.23%)

2 - Minimal Consumer Debt - (1.83% consumer debt ratio)

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617022

XXXX

Closed

2024-06-XX 12:40

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/28/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617167

XXXX

Closed

2024-06-XX 15:35

2025-04-XX 15:03

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Ready for Review-Document Uploaded. PFA approved exception form with correct FSD. - Buyer-07/01/2024

Open-Guidelines, section 5.8. 4-5-7, require AVM FSD to be equal to or below 12.5 (87.50%) if being used to determine subject property value. An AVM less than or equal to 20 may be used on an exception basis to determine subject property value. Lender exception in file is not signed and reflects the FSD of the AVN is 0.14. The AVM in file has an FSD of 0.17 (83.0%); lender exception does not reflect correct FSD and is not signed. - Due Diligence Vendor-06/27/2024

XXXXXXXXXX XXXXXXXXXX Exception Form.pdf

Long Term Employment (over 5 years) - Employed since XX/XX/XXXX (Page 17)

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617167

XXXX

Closed

2024-06-XX 15:33

2024-06-XX 17:01

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. - Due Diligence Vendor-06/27/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617010

XXXX

Closed

2024-06-XX 19:50

2025-04-XX 15:05

Waived

2 - Non-Material

Credit

Missing Doc

Missing income documentation

Ready for Review-Document Uploaded. PFA exception form with 3 compensating factor. - Buyer-07/03/2024

Counter-Per lender guidelines, exceptions require 3 compensating factors. - Due Diligence Vendor-07/02/2024

Ready for Review-Document Uploaded. PFA attached exception form using SSI award letter and removing bank statement requirements. Please note XXXXX XXXXXXX authorized to approve the exception.

- Buyer-07/02/2024

Open-Guidelines, section 2.6.14.1 4-2-6-13a, require two months bank statements showing proof of receipt of social security income. The loan file did not contain any bank statements. The file had an exception form in file. However, the exception was not approved or signed. - Due Diligence Vendor-06/28/2024

SSI Exception Form.pdf

LTV 10% or more under requirement, long term home ownership (over 5 years), minimal consumer debt

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617010

XXXX

Closed

2024-06-XX 14:27

2024-07-XX 16:57

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/28/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617148

XXXX

Closed

2024-07-XX 19:00

2025-04-XX 15:07

Waived

2 - Non-Material

Credit

Missing Doc

Missing income documentation

Ready for Review-Document Uploaded. PFA exception form to using only award letter for SSI - future guideline update removing bank statement requirements. - Buyer-07/01/2024

Open-Lender Guidelines require two months full bank statements to verify the receipt of the Social Security income; file contains partial bank statements. - Due Diligence Vendor-07/01/2024

XXXXXXXXXX XXXXXXXXXX Exception Form.pdf

LTV 10% or more under requirement. Long term employment (over 5 years). Long term home ownership (over 5 years).

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617148

XXXX

Closed

2024-06-XX 15:13

2024-07-XX 21:15

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. per GL 5.8. 4-5-7, as per GL, FSD score should be Equal or less than 12.5, But the AVM FSD score is 14. Hence Guidelines allow an exception for FSD score with strong comp factors. - Due Diligence Vendor-06/28/2024

Lender provided approved exception dated post origination with compensating factors of

1. Minimal Consumer Debt

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617148

XXXX

Closed

2024-07-XX 19:49

2024-07-XX 14:01

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Guidelines, section 5.8. 4-5-7, require AVM FSD to be equal to or below 12.5 (87.50%) if being used to determine subject property value. An AVM less than or equal to 20 may be used on an exception basis to determine subject property value. No exception in file. The AVM in file had FSD of 0.14 (86.0%). A lender exception is present in the loan file, dated prior to consummation, providing adequate comp factors. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-07/01/2024

1 - Minimal consumer debt - (3.37 Consumer Debt Ratio)

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617220

XXXX

Closed

2024-07-XX 20:47

2024-07-XX 18:59

Resolved

1 - Information

Compliance

Disclosure

HUD fees and HELOC Agreement fees do not match

Resolved-Fees collected on HUD1/Settlement Statement match fees reflected in HELOC Agreement. - Due Diligence Vendor-07/08/2024

Ready for Review-Document Uploaded. Please find the attached Final SS to match HELOC Agreement. - Buyer-07/08/2024

Open-Fees collected on HUD1/Settlement Statement do not match fees reflected in HELOC Agreement. The Title Services and Lender's Title Insurance Fee ($XXX) on the Final Settlement Statement does not appear on the HELOC Agreement. - Due Diligence Vendor-07/01/2024

Resolved-Fees collected on HUD1/Settlement Statement match fees reflected in HELOC Agreement. - Due Diligence Vendor-07/08/2024

XXX Buyer's Settlement Statement (62).pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617220

XXXX

Closed

2024-06-XX 14:21

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/28/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617086

XXXX

Closed

2024-06-XX 18:51

2024-07-XX 13:43

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-06/28/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617074

XXXX

Closed

2024-07-XX 10:45

2024-07-XX 15:55

Resolved

1 - Information

Credit

Missing Doc

Hazard Insurance Policy is Missing

Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-07/03/2024

Ready for Review-Document Uploaded. PFA homeowner insurance policy - Buyer-07/02/2024

Open-Missing Hazard Insurance Policy - Due Diligence Vendor-07/01/2024

Resolved-Hazard Insurance Policy is fully present - Due Diligence Vendor-07/03/2024

Homeowner Insurance Policy.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617074

XXXX

Closed

2024-07-XX 14:55

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/01/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617091

XXXX

Closed

2024-07-XX 13:39

2024-07-XX 20:53

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 3rd Party VOE Prior to Close Missing

Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-07/26/2024

Resolved-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-07/26/2024

Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-07/26/2024

Resolved-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-07/26/2024

Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-07/26/2024

Resolved-CPA letter provided. Finding resolved - Due Diligence Vendor-07/03/2024

Ready for Review-Document Uploaded. Please find Attached CPA letter & Rent payment chq for XXXX month dated. - Buyer-07/02/2024

Open-Borrower 1 3rd Party VOE Prior to Close Missing Guidelines require verification of self-employment from a third-party source within ten business days of the Note date. No verification provided. - Due Diligence Vendor-07/01/2024

Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-07/26/2024

Resolved-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-07/26/2024

Resolved-CPA letter provided. Finding resolved - Due Diligence Vendor-07/03/2024

CPA letter.pdf

Schd C - VVOE.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617091

XXXX

Closed

2024-07-XX 19:26

2024-07-XX 14:53

Resolved

1 - Information

Credit

Assets

Asset Qualification Does Not Meet Guideline Requirements

Resolved-Proof of funds provided. Asset Qualification Meets Guideline Requirements. Finding resolved. - Due Diligence Vendor-07/03/2024

Ready for Review-Document Uploaded. PFA Assets bank statement - Buyer-07/02/2024

Open-Asset Qualification Does Not Meet Guideline Requirements Guidelines required proof of funds for any funds needed to close the loan when the amount is greater than 50% of the monthly qualifying income. The loan file contains only a copy of a check, but no bank statements were provided to verify the funds. Additional conditions may apply upon receipt. - Due Diligence Vendor-07/02/2024

Resolved-Proof of funds provided. Asset Qualification Meets Guideline Requirements. Finding resolved. - Due Diligence Vendor-07/03/2024

Assets.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617091

XXXX

Closed

2024-07-XX 14:24

2024-07-XX 19:56

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/01/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617234

XXXX

Closed

2024-07-XX 17:27

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/05/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617355

XXXX

Closed

2024-07-XX 19:12

2024-07-XX 19:36

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-[4/3 11:07 AM] XXXXXXXXXXX XXXXXXXX

us the valuation and condition for missing Review Product 1. with the comment: A valid secondary valuation supporting the origination appraisal value is not present. Guidelines, section 5.8. 4-5-7, require AVM FSD to be equal to or below 12.5 (87.50%) if being used to determine subject property value. An AVM less than or equal to 20 may be used on an exception basis to determine subject property value. The AVM in file had FSD of 0.13 (87.0%). A lender exception is present in the loan file, dated prior to consummation, providing adequate comp factors. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-07/05/2024

Waived-[4/3 11:07 AM] XXXXXXXXXXX XXXXXXXX

1 - Total Debt 10% or more under requirement - (guideline requirement 50% - Actual 37,90%)

2 - Long Term Employment (over 5 years) - (employed 30 years 5 months)

3 - Long term homeownership (over 5 years) - (property owned 6 years, 9 mnths)

4 - Minimal Consumer Debt - (Consumer debt after close 0%)

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617355

XXXX

Closed

2024-07-XX 14:20

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/03/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617078

XXXX

Closed

2024-07-XX 18:48

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/05/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617089

XXXX

Closed

2024-07-XX 13:00

2024-07-XX 16:33

Resolved

1 - Information

Property

Value

Missing Valuation Review Product - 1

Resolved-Exception granted making valuation in file acceptable. - Due Diligence Vendor-07/09/2024

Ready for Review-Document Uploaded. PFA approved exception form for FSD 0.16. - Buyer-07/08/2024

Resolved-Exception granted making valuation in file acceptable. - Due Diligence Vendor-07/09/2024

Exception Form.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617089

XXXX

Closed

2024-07-XX 16:32

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Exception granted for FSD .16. - Due Diligence Vendor-07/09/2024

LTV 10% or more under requirement

Residual income of $XX or more

Minimal consumer debt.

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617089

XXXX

Closed

2024-07-XX 20:29

2024-07-XX 13:28

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/03/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617073

XXXX

Closed

2024-07-XX 14:59

2024-07-XX 14:12

Resolved

1 - Information

Compliance

Rescission:Disbursement

Federal - Right of Rescission (Loan Disbursement) (TILA)

Resolved-Resolved - Due Diligence Vendor-07/10/2024

Ready for Review-Document Uploaded. Please find the attached Heloc Disbursement Schedule Disclosure with disbursement date XX/XX/XXXX. - Buyer-07/10/2024

Open-The loan disbursement date (XX/XX/XXXX) is earlier than, or the same day as, the calculated "Right to Cancel Expire Date" (XX/XX/XXXX). Under Reg Z, funds may not be disbursed to the borrower until after the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c); 12 CFR 1026.15(c); and the Official Staff Commentary to Reg Z) Right to Cancel provided in the loan file reflects a transaction date of XX/XX/XXXX with an expiration date of XX/XX/XXXX. The loan disbursed on XX/XX/XXXX per the final, signed Settlement Statement, which did not give the Borrower a full 3-day rescission. Provide Letter of Explanation, Re-Disclose Correct Information, Proof of Borrower Receipt, and Re-open Rescission. - Due Diligence Vendor-07/05/2024

Resolved-Resolved - Due Diligence Vendor-07/10/2024

XXXXXXXXXX- Heloc Disbursement.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617073

XXXX

Closed

2024-07-XX 15:58

2024-07-XX 17:24

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/09/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617001

XXXX

Closed

2024-07-XX 17:09

2024-07-XX 16:16

Resolved

1 - Information

Credit

Eligibility

OFAC Check Not Completed and/or Cleared

Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-07/09/2024

Ready for Review-Document Uploaded. PFA Fraud Report with OFAC checked for all interested parties. - Buyer-07/08/2024

Open-OFAC Check Not Completed and/or Cleared - Due Diligence Vendor-07/03/2024

Resolved-OFAC Check Completed and Cleared - Due Diligence Vendor-07/09/2024

DRIVE Report.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617001

XXXX

Closed

2024-07-XX 17:09

2024-07-XX 16:16

Resolved

1 - Information

Credit

Missing Doc

Third Party Fraud Report not Provided

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-07/09/2024

Ready for Review-Document Uploaded. PFA third party Fraud Report. - Buyer-07/08/2024

Open-Missing Third Party Fraud Report - Due Diligence Vendor-07/03/2024

Resolved-Third Party Fraud Report is provided - Due Diligence Vendor-07/09/2024

DRIVE Report.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617001

XXXX

Closed

2024-07-XX 17:10

2024-07-XX 16:16

Resolved

1 - Information

Credit

Eligibility

All Interested Parties Not Checked with Exclusionary Lists

Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-07/09/2024

Ready for Review-Document Uploaded. PFA Fraud Report with all interested parties checked for exclusionary lists. - Buyer-07/08/2024

Open-All Interested Parties Not Checked with Exclusionary Lists - Due Diligence Vendor-07/03/2024

Resolved-All Interested Parties Checked against Exclusionary Lists - Due Diligence Vendor-07/09/2024

DRIVE Report.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617001

XXXX

Closed

2024-07-XX 19:47

2024-07-XX 14:58

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/03/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617092

XXXX

Closed

2024-07-XX 14:10

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/09/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617004

XXXX

Closed

2024-07-XX 19:41

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-07/08/2024

Second Home

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617357

XXXX

Closed

2024-07-XX 16:54

2024-07-XX 17:05

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Credit Report is Missing

Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-07/12/2024

Ready for Review-Document Uploaded. PFA Single Bureau credit report - Buyer-07/11/2024

Open-Borrower 1 Credit Report is Missing. - Due Diligence Vendor-07/09/2024

Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-07/12/2024

Single Bureau credit report.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617357

XXXX

Closed

2024-07-XX 16:54

2024-07-XX 17:05

Resolved

1 - Information

Credit

Missing Doc

Borrower 2 Credit Report is Missing

Resolved-Borrower 2 Credit Report is not missing. - Due Diligence Vendor-07/12/2024

Ready for Review-Document Uploaded. PFA Single Bureau credit report - Buyer-07/11/2024

Open-Borrower 2 Credit Report is Missing. - Due Diligence Vendor-07/09/2024

Resolved-Borrower 2 Credit Report is not missing. - Due Diligence Vendor-07/12/2024

Single Bureau credit report.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617357

XXXX

Closed

2024-07-XX 18:15

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/09/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617297

XXXX

Closed

2024-07-XX 12:32

2024-07-XX 13:42

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-07/25/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617307

XXXX

Closed

2024-07-XX 19:50

2024-07-XX 18:35

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/25/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617176

XXXX

Closed

2024-07-XX 17:40

2024-07-XX 15:03

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/25/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617210

XXXX

Closed

2024-07-XX 11:28

2024-07-XX 17:14

Resolved

1 - Information

Credit

Missing Doc

Missing income documentation

Resolved-Received. - Due Diligence Vendor-07/30/2024

Ready for Review-Document Uploaded. PFA two month bank statement with deposit of SSI income in the account. Also note as of XX/XX/XXXX, two month statement requirement for SSI has been waived. - Buyer-07/29/2024

Open-Guidelines require two months full bank statements showing Social Security income being deposited into the borrower's account. No bank statements in file. - Due Diligence Vendor-07/26/2024

Resolved-Received. - Due Diligence Vendor-07/30/2024

Bank Statements.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617210

XXXX

Closed

2024-07-XX 10:59

2024-07-XX 16:52

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/26/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617235

XXXX

Closed

2024-07-XX 18:06

2024-07-XX 14:20

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-07/25/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617280

XXXX

Closed

2024-09-XX 21:08

2024-09-XX 21:09

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Guidelines require High Confidence FSD AVMs equal to or below 12.5 to determine the subject property value. The AVM used to determine the subject property value has a FSD score of 19. Lender provided approved exception dated prior to origination and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/12/2024

1- FICO 20 points above requirement. 2- Residual income of $XX or more. 3- Minimal consumer debt.

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617280

XXXX

Closed

2024-07-XX 00:01

2024-07-XX 21:22

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/26/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617155

XXXX

Closed

2024-07-XX 15:20

2024-08-XX 14:47

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/31/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617215

XXXX

Closed

2024-08-XX 15:43

2024-08-XX 17:43

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/01/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617005

XXXX

Closed

2024-08-XX 13:33

2024-08-XX 18:09

Resolved

1 - Information

Credit

Missing Doc

Missing Alimony/Child Support Documentation

Resolved-Bank statements received. - Due Diligence Vendor-08/02/2024

Ready for Review-Document Uploaded. PFA 6 month receipt of XXXXX XXXXXXX income. - Buyer-08/01/2024

Open-Missing verification of the amount of XXXXXXX/XXXXXXXXXXXX. Guidelines and the loan approval require XXXXX XXXXXXX to be verified with court recorded XXXXXXX XXXXXX or XXXXX XXXXXXX judgment along with proof of receipt for 6 months. The loan file did not include proof of receipt for 6 months. If the XXXXX XXXXXXX income was removed, the qualifying DTI would increase to 52.91%, which would exceed the 50% max allowed by guidelines. Additional conditions may apply upon receipt. - Due Diligence Vendor-08/01/2024

Resolved-Bank statements received. - Due Diligence Vendor-08/02/2024

6 Month Bank Statement.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617005

XXXX

Closed

2024-07-XX 13:52

2024-08-XX 13:30

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/31/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Post-Close

XXXX

20250617011

XXXX

Closed

2024-07-XX 12:27

2024-07-XX 15:33

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-07/31/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617358

XXXX

Closed

2024-07-XX 12:25

2024-09-XX 15:23

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-Waiver provided for FSD of 14 - Due Diligence Vendor-09/20/2024

Open-Guidelines require High Confidence FSD AVMs equal to or below 12.5 to determine the subject property value. The AVM used to determine the subject property value has a FSD score of 14. There is an exception in file, however, the exception is not for the AVM used for the value and the LTV/CLTV is not correct. Waiver provided for FSD 14 Document Uploaded. PFA correct exception form for the AVM with FSD 14.

- Due Diligence Vendor-09/20/2024

Waived-Waiver provided for FSD of 14 - Due Diligence Vendor-09/20/2024

XXXXXXXXXX XXXXX Exception Form.pdf

LTV 10% or more under requirement

FICO 20 points above requirement

Long term employment (over 5 years)

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617358

XXXX

Closed

2024-07-XX 18:57

2024-07-XX 19:11

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-07/31/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617236

XXXX

Closed

2024-07-XX 11:38

2024-07-XX 14:23

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-07/31/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617304

XXXX

Closed

2024-08-XX 19:44

2024-08-XX 13:20

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Homeownership Counseling Organizations Disclosure Missing or Incomplete

Acknowledged-Homeownership Counseling Organizations Disclosure Missing or Incomplete Missing full disclosure listing all counseling agencies. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-08/01/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617304

XXXX

Closed

2024-08-XX 20:00

2024-08-XX 13:19

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617211

XXXX

Closed

2024-07-XX 15:09

2024-07-XX 16:43

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A - Due Diligence Vendor-07/31/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617299

XXXX

Closed

2024-08-XX 16:23

2024-08-XX 18:35

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/02/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617313

XXXX

Closed

2024-08-XX 14:40

2024-08-XX 13:13

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/07/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Post-Close

XXXX

20250617070

XXXX

Closed

2024-08-XX 18:10

2024-08-XX 19:39

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on TRID loan is missing for borrower(s)

Resolved-Received - Due Diligence Vendor-08/14/2024

Ready for Review-Document Uploaded. Please find the attached E-consent. - Buyer-08/14/2024

Open-E-Consent documentation on TRID loan is missing for borrower(s) E-Consent documentation on TRID loan is missing for borrower. - Due Diligence Vendor-08/09/2024

Resolved-Received - Due Diligence Vendor-08/14/2024

E-consent.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617070

XXXX

Closed

2024-08-XX 13:26

2024-08-XX 13:32

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/12/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617019

XXXX

Closed

2024-08-XX 18:30

2024-08-XX 19:35

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on Pre-TRID loan is missing for borrower(s)

Resolved-Received - Due Diligence Vendor-08/14/2024

Ready for Review-Document Uploaded. Please find the attached E-consent. - Buyer-08/14/2024

Open-E-Consent documentation on Pre-TRID loan is missing for borrower(s) - Due Diligence Vendor-08/09/2024

Resolved-Received - Due Diligence Vendor-08/14/2024

E-consent.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617019

XXXX

Closed

2024-08-XX 18:47

2024-08-XX 15:13

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/12/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617354

XXXX

Closed

2024-08-XX 17:37

2024-08-XX 19:43

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on TRID loan is missing for borrower(s)

Resolved-Received - Due Diligence Vendor-08/14/2024

Ready for Review-Document Uploaded. Please find the attached E-consent. - Buyer-08/14/2024

Open-E-Consent documentation on TRID loan is missing for borrower(s) - Due Diligence Vendor-08/12/2024

Resolved-Received - Due Diligence Vendor-08/14/2024

E-consent.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617354

XXXX

Closed

2024-08-XX 15:11

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/12/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617240

XXXX

Closed

2024-08-XX 19:41

2024-08-XX 16:03

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/08/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617179

XXXX

Closed

2024-08-XX 17:05

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/12/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617308

XXXX

Closed

2024-08-XX 16:32

2025-04-XX 15:15

Waived

2 - Non-Material

Credit

Eligibility

Audited Loan Amount is less than Guideline Minimum Loan Amount

Acknowledged-3 acceptable compensating factors are present - Due Diligence Vendor-08/19/2024

Ready for Review-Document Uploaded. PFA approved updated exception for loan amount below XXX. - Buyer-08/16/2024

Open-Audited Loan Amount of $XX,XXX.XX is less than the Guideline Minimum Loan Amount of $50000 Subject loan amount is XX,XXX.XX and the minimum loan amount is $50,000 per the guidelines. Guidelines allow an exception for a loan amount down to $XX,XXX.XX with strong comp factors. A lender exception is present in the loan file, dated prior to consummation, providing comp factors of residual income of at least $X,XXX.XX, long term employment (over 5 years), long term home ownership (over 5 years) and minimal consumer debt. However, the Borrower has not had home ownership over 5 years. Therefore, the compensating factor is not valid. - Due Diligence Vendor-08/15/2024

Acknowledged-3 acceptable compensating factors are present - Due Diligence Vendor-08/19/2024

XXXXXXXXXX XXXXX Exception Form.pdf

Residual income of $XX or more, long term employment (over 5 years), minimal consumer debt.

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617308

XXXX

Closed

2024-08-XX 16:57

2024-08-XX 16:06

Resolved

1 - Information

Credit

Missing Doc

Missing Written Verification of Employment (Borrower 1)

Resolved-WVOE received - Due Diligence Vendor-08/19/2024

Ready for Review-Document Uploaded. PFA WVOE used to calculate commission income. - Buyer-08/16/2024

Open-Written Verification of employment is missing for Borrower 1. Loan approval requires a written VOE to be provided to document and support commissioned income used to qualify. WVOE missing from loan file. additional conditions may apply. - Due Diligence Vendor-08/15/2024

Resolved-WVOE received - Due Diligence Vendor-08/19/2024

VOE.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617308

XXXX

Closed

2024-08-XX 16:55

2024-08-XX 19:54

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/15/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617015

XXXX

Closed

2024-08-XX 19:53

2024-08-XX 13:00

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/15/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617164

XXXX

Closed

2024-08-XX 19:07

2024-08-XX 18:51

Resolved

1 - Information

Property

Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided

Resolved-Post incident inspection provided - Due Diligence Vendor-08/19/2024

Ready for Review-Document Uploaded. PFA complete post inspection disaster report. - Buyer-08/16/2024

Open-Subject property is in recent disaster area and there is no post incident inspection . There is a disaster inspection in file. However, missing the page(s) that have the property information, date of inspection and disaster information. Please send complete report. Additional conditions may apply upon receipt. - Due Diligence Vendor-08/16/2024

Resolved-Post incident inspection provided - Due Diligence Vendor-08/19/2024

XXX.PDF

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617164

XXXX

Closed

2024-08-XX 18:56

2024-08-XX 20:12

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/15/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617212

XXXX

Closed

2024-08-XX 22:19

2024-08-XX 14:29

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/15/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617301

XXXX

Closed

2024-08-XX 12:56

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/19/2024

Investment

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617181

XXXX

Closed

2024-08-XX 18:16

2024-08-XX 15:42

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/19/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Post-Close

XXXX

20250617028

XXXX

Closed

2024-08-XX 14:05

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617014

XXXX

Closed

2024-08-XX 20:15

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617161

XXXX

Closed

2024-08-XX 14:50

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617218

XXXX

Closed

2024-08-XX 16:35

2024-08-XX 18:38

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/30/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617309

XXXX

Closed

2024-08-XX 17:16

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-08/30/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617166

XXXX

Closed

2024-09-XX 13:14

2024-09-XX 13:47

Waived

2 - Non-Material

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Waived-Housing History Does Not Meet Guideline Requirements 12-month housing payment history not met, per guideline requirements. Lender provided approved exception dated prior to origination and all lender compensating factors have been documented and validated. - Due Diligence Vendor-09/03/2024

- Due Diligence Vendor-09/03/2024

LTV 10% or more under requirement; Total Debt 10% or more under requirement; Residual income of $XX or more; minimal consumer debt.

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617166

XXXX

Closed

2024-08-XX 18:12

2024-09-XX 13:42

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-09/03/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617180

XXXX

Closed

2025-04-XX 18:41

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-04/08/2025

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617169

XXXX

Closed

2024-11-XX 21:41

2025-04-XX 11:46

Waived

2 - Non-Material

Credit

Eligibility

Audited CLTV Exceeds Guideline CLTV

Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B.

- Due Diligence Vendor-04/03/2025

Acknowledged-Exception received. - Due Diligence Vendor-11/14/2024

Ready for Review-Document Uploaded. PFA Exception form - Buyer-11/14/2024

Open-Audited CLTV of 84.41% exceeds Guideline CLTV of 80% 85% CLTV > 80% max allowed with a 725 score. No lender exception in file. - Due Diligence Vendor-11/11/2024

Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B.

- Due Diligence Vendor-04/03/2025

Acknowledged-Exception received. - Due Diligence Vendor-11/14/2024

XXXXXXXXXX - Exception Form.pdf

Residual Income = 1.5x Monthly Debts

No derogatory events

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617169

XXXX

Closed

2024-11-XX 21:41

2025-04-XX 11:45

Waived

2 - Non-Material

Credit

Eligibility

Audited HCLTV Exceeds Guideline HCLTV

Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B.

- Due Diligence Vendor-04/03/2025

Acknowledged-Exception received. - Due Diligence Vendor-11/14/2024

Ready for Review-Document Uploaded. PFA Exception form - Buyer-11/14/2024

Open-Audited HLTV of 84.41% exceeds Guideline HCLTV of 80% 85% HLTV > 80% max allowed with a 725 score. No lender exception in file. - Due Diligence Vendor-11/11/2024

Waived-Lender provided approved exception dated prior to origination and all lender compensation factors have been documented and validated. Finding is non-material, and loan will be graded a B.

- Due Diligence Vendor-04/03/2025

Acknowledged-Exception received. - Due Diligence Vendor-11/14/2024

XXXXXXXXXX - Exception Form.pdf

Residual Income = 1.5x Monthly Debts

No derogatory events

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617169

XXXX

Closed

2024-11-XX 10:27

2024-11-XX 15:31

Resolved

1 - Information

Property

Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided

Resolved-Post incident inspection provided - Due Diligence Vendor-11/12/2024

Ready for Review-Document Uploaded. PFA Disaster report - Buyer-11/11/2024

Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-11/07/2024

Resolved-Post incident inspection provided - Due Diligence Vendor-11/12/2024

PCI report.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617169

XXXX

Closed

2024-11-XX 10:24

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-11/07/2024

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617216

XXXX

Closed

2024-12-XX 17:46

2024-12-XX 15:41

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document is not Missing - Due Diligence Vendor-12/16/2024

Ready for Review-Document Uploaded. PFA title report - Buyer-12/13/2024

Open-Title Document is missing - Due Diligence Vendor-12/02/2024

Resolved-Title Document is not Missing - Due Diligence Vendor-12/16/2024

Title report (2).pdf

Second Home

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617013

XXXX

Closed

2024-12-XX 18:21

2024-12-XX 17:20

Resolved

1 - Information

Compliance

Disclosure

HUD fees and HELOC Agreement fees do not match

Resolved-Fees collected on HUD1/Settlement Statement match fees reflected in HELOC Agreement. - Due Diligence Vendor-12/06/2024

Ready for Review-Document Uploaded. Final Settlement statement with correct Appraisal field review fee is attached. No need to revise any document. This document was received after closing from Settlement agent. - Buyer-12/06/2024

Open-Fees collected on HUD1/Settlement Statement do not match fees reflected in HELOC Agreement. Heloc Credit Agreement reflects appraisal field review fee of $XX vs final settlement statement which reflects the Appraisal Field Review fee charged of $XX. - Due Diligence Vendor-12/04/2024

Resolved-Fees collected on HUD1/Settlement Statement match fees reflected in HELOC Agreement. - Due Diligence Vendor-12/06/2024

XXXXXXXXXX - Final SS.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617175

XXXX

Closed

2024-11-XX 19:56

2024-11-XX 21:28

Resolved

1 - Information

Compliance

Predatory:Restrictions

Federal - Section 32 Disclosure Required (High Cost)

Resolved-Resolved - Due Diligence Vendor-11/15/2024

Ready for Review-Document Uploaded. This is not a High Cost loan. Credit report fee and VOE fee should not be included in Loan fees. These fees are charged by 3rd party. Please refer to the attached invoices. It was already by Lender hence these fees was reimbursed to Lender. - Buyer-11/15/2024

Open-This is a XXXXXXX XXXX XXXX XXXX. Since the loan file does not contain a Section 32 Sign Date, the System assumes the creditor did not furnish the XXXXXXX XXXX XXXX Section 32 disclosures at least 3 business days prior to consummation, in violation of Reg Z. (12 CFR 1026.31(c) and 1026.32(c)) - Due Diligence Vendor-11/12/2024

Resolved-Resolved - Due Diligence Vendor-11/15/2024

XXXXXXXXXX - Credit report invoice.pdf

XXXXXXXXXX - VOE invoice.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617175

XXXX

Closed

2024-11-XX 19:56

2024-11-XX 21:28

Resolved

1 - Information

Compliance

Mavent

HighCost: APR/FEES

Resolved-Resolved - Due Diligence Vendor-11/15/2024

Ready for Review-Document Uploaded. Credit report fee and VOE fee should not be included in Loan fees. These fees are charged by 3rd party. Please refer to the attached invoices. It was already by Lender hence these fees was reimbursed to Lender. This is not a High Cost loan. - Buyer-11/15/2024

Open-The loan fees ($X,XXX.XX) exceed the (XXXXXXX) (Note Amount >=$XX,XXX.XX) fee limit, which is 5% of the Total Loan Amount ($X,XXX.XX), the difference is ($XXX.XX). (12 CFR 1026.32). - Due Diligence Vendor-11/12/2024

Resolved-Resolved - Due Diligence Vendor-11/15/2024

XXXXXXXXXX - Credit report invoice.pdf

XXXXXXXXXX - VOE invoice.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617087

XXXX

Closed

2024-12-XX 18:26

2025-01-XX 14:59

Resolved

1 - Information

Credit

Missing Doc

Missing Rental Income Documentation for REO

Resolved-Clarification other $XXX payment does not apply. Finding resolved. - Due Diligence Vendor-01/08/2025

Ready for Review-Document Uploaded. We have removed $XXX from file. There is No XXX. PFA - Buyer-01/08/2025

Counter-Please document and explain $XXX other monthly payment for property 3c on application. Documents uploaded are the same in file and do not reveal what this monthly payment is for. Thank you. - Due Diligence Vendor-01/07/2025

Ready for Review-PFA REO property documents - Buyer-01/06/2025

Ready for Review-Document Uploaded. PFA REO property documents - Buyer-01/06/2025

Open-Missing Rental Income Documentation for REO listed on the application. Missing evidence of "other" monthly payment for REO 3C from the final application. - Due Diligence Vendor-12/18/2024

Resolved-Clarification other $148 payment does not apply. Finding resolved. - Due Diligence Vendor-01/08/2025

REO property documents.pdf

No XXX - XXX XXXXXX XXXX XXX XX, XXXXX XXXXXX, WA XXXXX _ XXXXXX.pdf

Second Home

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617087

XXXX

Closed

2024-12-XX 16:03

2024-12-XX 21:28

Resolved

1 - Information

Compliance

Missing Doc

Missing Final HUD-1: HUD in file Preliminary/Estimated only

Resolved-FSS Received. - Due Diligence Vendor-12/26/2024

Ready for Review-Document Uploaded. Please find the attached the Final Settlement statement - Buyer-12/26/2024

Open-Missing Final HUD-1: Compliance testing utilized Preliminary/ Estimated HUD from loan file. Additional exceptions may occur upon receipt of complete Final HUD-1. - Due Diligence Vendor-12/23/2024

Resolved-FSS Received. - Due Diligence Vendor-12/26/2024

XXXXXXXXXX - Final SS.pdf

Second Home

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617085

XXXX

Closed

2024-11-XX 19:43

2024-11-XX 17:27

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document is not Missing - Due Diligence Vendor-11/19/2024

Open-Title Document is missing - Due Diligence Vendor-11/19/2024

Ready for Review-Document Uploaded. PFA Title report - Buyer-11/19/2024

Open-Title Document is missing - Due Diligence Vendor-11/14/2024

Resolved-Title Document is not Missing - Due Diligence Vendor-11/19/2024

Title report.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617085

XXXX

Closed

2024-11-XX 19:46

2024-11-XX 14:13

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-11/15/2024

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617306

XXXX

Closed

2024-11-XX 15:41

2024-11-XX 17:40

Resolved

1 - Information

Compliance

Missing Doc

Final HUD-1 Document is Missing

Resolved-Final HUD-1 Document is not missing. - Due Diligence Vendor-11/25/2024

Ready for Review-Document Uploaded. It state it is Estimated but it was signed by Closing agent at closing, it is Final SS. Signed SS should be considered as Final SS. We have corrected SS but it is unsigned as it was provided by agent after closing. - Buyer-11/25/2024

Counter-Document provide is an Estimated Settlement - Due Diligence Vendor-11/19/2024

Ready for Review-Document Uploaded. - Buyer-11/19/2024

Open-Final HUD-1 Document is Missing The Final Settlement Statement and Disbursement Schedule in file, with disbursement date XX/XX/XXXX, are not signed/certified. Provide Certified copy. - Due Diligence Vendor-11/15/2024

Resolved-Final HUD-1 Document is not missing. - Due Diligence Vendor-11/25/2024

XXXXXXXXXX - SS.pdf

XXXXXXXXXX - Final SS.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617306

XXXX

Seller

2024-11-XX 19:04

2025-05-XX 14:10

Cured

2 - Non-Material

Compliance

Rescission:Variance

Federal - Right of Rescission Disclosure Variance Failure (TILA)

Cured-Cured Post Close. - Due Diligence Vendor-05/30/2025

Resolved-Confirmation received that rescission was reopened and provided to the borrower. - Due Diligence Vendor-05/23/2025

Counter-Document Uploaded. - Due Diligence Vendor-05/23/2025

Counter-Rescission must be reopened. - Due Diligence Vendor-05/23/2025

Ready for Review-Document Uploaded. Please see attached correct NRTC form - Buyer-05/21/2025

Counter-Signature date does not match print date. Rescission must be reopened. - Due Diligence Vendor-03/04/2025

Ready for Review-Document Uploaded. Corrected Document was requested from Settlement agent prior to disbursement and they have provided the corrected NORTC. Please find the attached NORTC. It was provided by Title prior to Disbursement. - Buyer-02/28/2025

Open-Reopened - Due Diligence Vendor-02/28/2025

Acknowledged-The lender's disclosed "Right to Cancel Expire Date" (XX-XX-XXXX) is earlier than the calculated "Right to Cancel Expire Date" (XX-XX-XXXX). Under Reg Z, funds may not be disbursed to the borrower until the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c); 12 CFR 1026.15(c); and the Official Staff Commentary to Reg Z) Right to Cancel provided in the loan file reflects a transaction date of XX/XX/XXXX with an expiration date of XX/XX/XXXX. The loan closed XX/XX/XXXX and disbursed on XX/XXXXXX4. No rescission issue. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-11/14/2024

Cured-Cured Post Close. - Due Diligence Vendor-05/30/2025

Resolved-Confirmation received that rescission was reopened and provided to the borrower. - Due Diligence Vendor-05/23/2025

Acknowledged-The lender's disclosed "Right to Cancel Expire Date" (XX/XX/XXXX) is earlier than the calculated "Right to Cancel Expire Date" (XX/XX/XXXX). Under Reg Z, funds may not be disbursed to the borrower until the expiration of the rescission period. (Reg Z, 12 CFR 1026.23(c); 12 CFR 1026.15(c); and the Official Staff Commentary to Reg Z) Right to Cancel provided in the loan file reflects a transaction date of XX/XX/XXXX with an expiration date of XX/XX/XXXX. The loan closed XX/XX/XXXX and disbursed on XX/XX/XXXX. No rescission issue. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-11/14/2024

XXXXXXXXXX - XXXXX.pdf

XXXXX_XXXXX (1).pdf

XXXXX RTC Cover Letter (1).pdf

FedEx Tracking.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617219

XXXX

Closed

2024-11-XX 17:50

2024-12-XX 21:17

Resolved

1 - Information

Credit

Missing Doc

HELOC Closure Letter Not Provided

Resolved-Documentation received confirming HELOC is not on subject. - Due Diligence Vendor-12/13/2024

Ready for Review-Document Uploaded. HELOC not on Subject property. Its associated with XXXX X XXXXXX XXXXX XXX. No issue on Lien position for subject property - Buyer-12/13/2024

Open-The Borrower Authorization to Close Out Home Equity Line of Credit (HELOC) was not provided.

- Due Diligence Vendor-11/27/2024

Resolved-Documentation received confirming HELOC is not on subject. - Due Diligence Vendor-12/13/2024

HELOC not on Subject property.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617079

XXXX

Closed

2024-11-XX 14:05

Acknowledged

1 - Information

Property

Value

S&P value equals C, junior lien and no secondary product

Acknowledged-S&P RA Only – Junior lien and no secondary product. This finding will be rated a C for S&P. All other agencies will be rated as A. - Due Diligence Vendor-11/14/2024

Investment

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617083

XXXX

Closed

2024-12-XX 14:44

2024-12-XX 18:05

Resolved

1 - Information

Credit

Missing Doc

Title Document Missing

Resolved-Title Document is not Missing - Due Diligence Vendor-12/27/2024

Ready for Review-Document Uploaded. PFA Title document - Buyer-12/27/2024

Open-Title Document is missing . - Due Diligence Vendor-12/18/2024

Resolved-Title Document is not Missing - Due Diligence Vendor-12/27/2024

Title Document.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617090

XXXX

Closed

2025-02-XX 17:30

2025-02-XX 23:21

Resolved

1 - Information

Property

Appraisal

Valuation product is deficient

Resolved-AVM received. - Due Diligence Vendor-02/19/2025

Ready for Review-Document Uploaded. PFA XXXXX XXXXXX AVM dated XX/XX/XXXX & Loan closed on XX/XX/XXXX - Buyer-02/18/2025

Open-Valuation product is > 30 days prior to note date. - Due Diligence Vendor-02/11/2025

Resolved-AVM received. - Due Diligence Vendor-02/19/2025

XXXXXXXXXX - XXXXX XXXXXX AVM.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617298

XXXX

Closed

2024-12-XX 15:11

2024-12-XX 21:15

Resolved

1 - Information

Compliance

Missing Doc

Missing Final HUD-1: HUD in file Preliminary/Estimated only

Resolved-FSS received. - Due Diligence Vendor-12/26/2024

Ready for Review-Document Uploaded. Please find the attached the Final Settlement statement - Buyer-12/26/2024

Resolved-FSS received. - Due Diligence Vendor-12/26/2024

XXXXXXXXXXX final SS.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617205

XXXX

Closed

2024-12-XX 12:31

2025-02-XX 16:03

Resolved

1 - Information

Credit

Missing Doc

Flood Insurance Policy Missing

Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-01/07/2025

Ready for Review-Document Uploaded. PFA Flood Ins - Buyer-01/06/2025

Open-Missing Flood Insurance Policy - Due Diligence Vendor-12/24/2024

Resolved-Flood Insurance Policy is fully present - Due Diligence Vendor-01/07/2025

Flood Ins.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617205

XXXX

Closed

2025-02-XX 17:35

2025-02-XX 15:59

Resolved

1 - Information

Property

Appraisal

Valuation product is deficient

Resolved-Product submitted is acceptable for 60 days per lender guidelines. - Due Diligence Vendor-02/19/2025

Ready for Review-Document Uploaded. This 1st Lien Heloc with less than 65% cltv only needs Exterior report - We have Exterior PCI + AVM as Exterior report dated within 2 months from Note date. - Buyer-02/18/2025

Counter-Primary valuation is >30 days old at close. Additional valuation is required. - Due Diligence Vendor-02/18/2025

Ready for Review-Document Uploaded. Loan closed on XX/XX/XXXX & AVM dated XX/XX/XXXX - Buyer-02/18/2025

Open-Valuation product is > 30 days prior to Note date. - Due Diligence Vendor-02/11/2025

Resolved-Product submitted is acceptable for 60 days per lender guidelines. - Due Diligence Vendor-02/19/2025

VERO 12.06.pdf

PCI + AVM Exterior report.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617205

XXXX

Closed

2025-02-XX 19:42

2025-02-XX 15:59

Resolved

1 - Information

Property

Appraisal

Missing Secondary Valuation

Resolved-Secondary product received, dated w/in 30 days. Primary product acceptable for 60 days. - Due Diligence Vendor-02/19/2025

Ready for Review-This 1st Lien Heloc with less than 65% cltv only needs Exterior report - We have Exterior PCI + AVM as Exterior report dated within 2 months from Note date. - Buyer-02/18/2025

Counter-AVM is >30 days prior to note date. - Due Diligence Vendor-02/18/2025

Ready for Review-We have both Secondary product as Exterior report PCI & AVM from Veros - Buyer-02/18/2025

Ready for Review-Secondary Value Product PCI + AVM Exterior report valid for 2 months Exterior report - Buyer-02/18/2025

Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-02/14/2025

Resolved-Secondary product received, dated w/in 30 days. Primary product acceptable for 60 days. - Due Diligence Vendor-02/19/2025

Secondary Value Product PCI + AVM Exterior report.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617205

XXXX

Closed

2024-12-XX 11:51

2025-01-XX 14:39

Resolved

1 - Information

Credit

Missing Doc

Missing Evidence of HOA Dues for REO1

Resolved-XXX dues verified and documented. Finding resolved. - Due Diligence Vendor-01/08/2025

Ready for Review-Document Uploaded. PFA XXX document $XX added to DTI. - Buyer-01/08/2025

Counter-Tax and Insurance provided. Please provide attestation of no XXX dues, or evidence of XXX dues as needed. Thank you. - Due Diligence Vendor-01/07/2025

Ready for Review-Document Uploaded. PFA REO property documents - Buyer-01/06/2025

Open-Missing Evidence of XXX Dues for REO1 Missing Evidence of XXX Dues for 3b property. - Due Diligence Vendor-12/24/2024

Resolved-HOA dues verified and documented. Finding resolved. - Due Diligence Vendor-01/08/2025

REO property documents.pdf

Revised 1008.pdf

XXX $XX on XXXX XXXX XX X, XXXXXX XXXXX, FL XXXXX _ XXX.pdf

Revised 1003.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617205

XXXX

Closed

2024-12-XX 11:51

2025-01-XX 14:42

Resolved

1 - Information

Credit

Missing Doc

Missing Evidence of Insurance for REO

Resolved-Evidence of insurance provided. Finding resolved. - Due Diligence Vendor-01/07/2025

Ready for Review-Document Uploaded. PFA REO Property documents - Buyer-01/06/2025

Open-Missing Evidence of Insurance for property 3b on final application - Due Diligence Vendor-12/24/2024

Missing Evidence of Insurance for property 3b on final application - 12/24/2024

Resolved-Evidence of insurance provided. Finding resolved. - Due Diligence Vendor-01/07/2025

REO property documents.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617314

XXXX

Closed

2024-12-XX 12:13

2024-12-XX 21:13

Resolved

1 - Information

Credit

Missing Doc

Missing Evidence of Insurance for REO

Resolved-T&I docs received. - Due Diligence Vendor-12/26/2024

Ready for Review-Document Uploaded. PFA REO property documents - Buyer-12/26/2024

Open-Missing evidence of property insurance for properties listed in section 3b and 3c on the final application. Additional conditions may apply upon receipt. - Due Diligence Vendor-12/18/2024

Missing Evidence of Insurance for property 3b,3c on final application - 12/18/2024

Resolved-T&I docs received. - Due Diligence Vendor-12/26/2024

REO Docs.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617314

XXXX

Closed

2024-12-XX 12:14

2024-12-XX 21:13

Resolved

1 - Information

Credit

Missing Doc

Missing Evidence of Property Taxes for REO

Resolved-T&I docs received. - Due Diligence Vendor-12/26/2024

Ready for Review-Document Uploaded. PFA REO property documents - Buyer-12/26/2024

Open-Missing evidence of property taxes for properties listed in section 3b and 3c on the final application. Additional conditions may apply upon receipt. - Due Diligence Vendor-12/18/2024

Evidence of property taxes for property 3b,3c on the final application not provided. - 12/18/2024

Resolved-T&I docs received. - Due Diligence Vendor-12/26/2024

REO Docs.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617310

XXXX

Closed

2024-12-XX 15:58

2024-12-XX 15:43

Resolved

1 - Information

Credit

Eligibility

Delinquent Credit History Does Not Meet Guideline Requirements

Resolved-Delinquent Credit History Meets Guideline Requirements - Due Diligence Vendor-12/18/2024

Ready for Review-Document Uploaded. As XXXXXXXX ownership is XXXXXXXXX by name itself - we do not consider same as Mortgage acct. Below link for XXXX reference

https://singlefamily.XXXXXXXXX.com/media/XXX/display - Buyer-12/18/2024

Open-Delinquent Credit History Does Not Meet Guideline Requirements XX/XX/XXXX guidelines require a 5-year period to have elapsed between a deed-in-lieu and the subject transaction. The credit report dated XX/XX/XXXX reflects a deed in lieu with a last active date of XX/XX/XXXX. - Due Diligence Vendor-12/04/2024

Resolved-Delinquent Credit History Meets Guideline Requirements - Due Diligence Vendor-12/18/2024

XXXXXXX acct not as Mortgage acct.png

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617003

XXXX

Closed

2024-12-XX 15:51

2024-12-XX 16:01

Resolved

1 - Information

Compliance

Predatory:Grace

Federal - Minimum Grace Period (01/14)

Resolved-Resolved - Due Diligence Vendor-12/31/2024

Open-The grace period in this transaction is 10.0 days. In connection with a XXXXXXX High-Cost Mortgage a late payment charge may be imposed only if the payment is not received by the end of the 15-day period beginning on the date the payment is due. (12 CFR 1026.34(a)(8)(ii)) - Due Diligence Vendor-12/31/2024

Resolved-Resolved - Due Diligence Vendor-12/31/2024

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617003

XXXX

Closed

2024-12-XX 15:51

2024-12-XX 16:01

Resolved

1 - Information

Compliance

Predatory:Restrictions

Federal - Section 32 Disclosure Required (High Cost)

Resolved-Resolved - Due Diligence Vendor-12/31/2024

Open-This is a Federal High Cost Loan. Since the loan file does not contain a Section 32 Sign Date, the System assumes the creditor did not furnish the XXXXXXX High Cost Section 32 disclosures at least 3 business days prior to consummation, in violation of Reg Z. (12 CFR 1026.31(c) and 1026.32(c)) - Due Diligence Vendor-12/31/2024

Resolved-Resolved - Due Diligence Vendor-12/31/2024

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617003

XXXX

Closed

2024-12-XX 15:51

2024-12-XX 16:01

Resolved

1 - Information

Compliance

Mavent

HighCost: APR/FEES

Resolved-Resolved - Due Diligence Vendor-12/31/2024

Open-The loan fees ($X,XXX.XX) exceed the (XXXXXXX) (Note Amount >=$XX,XXX.XX) fee limit, which is 5% of the Total Loan Amount ($X,XXX.XX), the difference is ($XX.XX). (12 CFR 1026.32). - Due Diligence Vendor-12/31/2024

Open-The loan fees ($X,XXX.XX) exceed the (XXXXXXX) (Note Amount >=$XX,XXX.XX) fee limit, which is 5% of the Total Loan Amount ($X,XXX.XX), the difference is ($X,XXX.XX). (12 CFR 1026.32). - Due Diligence Vendor-12/31/2024

Resolved-Resolved - Due Diligence Vendor-12/31/2024

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617003

XXXX

Closed

2024-12-XX 15:51

2024-12-XX 16:01

Resolved

1 - Information

Compliance

Predatory:LateFees

Federal - Maximum Late Fee (01/14)

Resolved-Resolved - Due Diligence Vendor-12/31/2024

Open-You submitted a late fee amount of ($XX.XX) and a (5.0%) Late Fee Percent. In connection with a XXXXXXX High-Cost Mortgage any late payment charge must be specifically permitted by the terms of the loan contract or open-end credit agreement and may not exceed 4% of the amount of the payment past due. No such charge may be imposed more than once for a single late payment. (12 CFR 1026.34(a)(8)(i)) - Due Diligence Vendor-12/31/2024

Resolved-Resolved - Due Diligence Vendor-12/31/2024

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617172

XXXX

Closed

2024-11-XX 21:01

2025-02-XX 19:35

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Credit Report is Missing

Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-12/09/2024

Ready for Review-Document Uploaded. PFA Credit report - Buyer-12/09/2024

Open-Borrower 1 Credit Report is Missing. - Due Diligence Vendor-11/27/2024

Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-12/09/2024

Credit report.pdf

Investment

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617172

XXXX

Closed

2024-12-XX 16:09

2025-02-XX 19:35

Resolved

1 - Information

Credit

Eligibility

Housing History Does Not Meet Guideline Requirements

Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-12/09/2024

Ready for Review-Document Uploaded. PFA Credit report - Buyer-12/09/2024

Open-Housing History Does Not Meet Guideline Requirements Borrower 1 Credit Report is Missing, unable to verify housing history. - Due Diligence Vendor-12/04/2024

Resolved-Housing History Meets Guideline Requirements - Due Diligence Vendor-12/09/2024

Credit report.pdf

Investment

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617031

XXXX

Closed

2024-12-XX 19:10

2024-12-XX 21:22

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 Credit Report is Missing

Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-12/26/2024

Ready for Review-Document Uploaded. PFA Credit report for Borrower 1 dated XX/XX/XXXX - Buyer-12/26/2024

Open-Borrower 1 Credit Report is Missing. Additional conditions may apply upon receipt. - Due Diligence Vendor-12/23/2024

Resolved-Borrower 1 Credit Report is not missing. - Due Diligence Vendor-12/26/2024

Credit Report.pdf

Investment

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617031

XXXX

Closed

2024-12-XX 21:41

2024-12-XX 21:22

Resolved

1 - Information

Credit

Missing Doc

Missing VOM or VOR

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-12/26/2024

Ready for Review-Document Uploaded. Please find attached document for concurrent new loan. - Buyer-12/26/2024

Open-Provide verification of balance and payment for new loan listed for property located in section 3h on final loan application. - Due Diligence Vendor-12/23/2024

Resolved-Verification of Rent (VOR)/Verification of Mortgage (VOM) Document is not Missing - Due Diligence Vendor-12/26/2024

XXXXXX - Final doc 7654.pdf

Investment

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617076

XXXX

Closed

2024-12-XX 20:04

2024-12-XX 21:31

Resolved

1 - Information

Credit

Missing Doc

Missing Verification of Mortgage

Resolved-Received. - Due Diligence Vendor-12/26/2024

Ready for Review-Document Uploaded. Please find attached document for concurrent new loan. - Buyer-12/26/2024

Open-Provide evidence of balance and payment for newly obtained 2nd mortgage listed in section 3e on final loan application. - Due Diligence Vendor-12/23/2024

Resolved-Received. - Due Diligence Vendor-12/26/2024

First Payment letter - XXXXXX - XXXX.pdf

Final CD - XXXXXX - XXXX.pdf

Investment

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617353

XXXX

Closed

2025-03-XX 16:48

2025-03-XX 19:27

Resolved

1 - Information

Property

Appraisal

Missing Secondary Valuation

Resolved-Secondary valuation received. - Due Diligence Vendor-03/24/2025

Ready for Review-Document Uploaded. Please find the attached AVM. - Buyer-03/21/2025

Open-A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-03/17/2025

Resolved-Secondary valuation received. - Due Diligence Vendor-03/24/2025

AVM.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617134

XXXX

Closed

2025-01-XX 19:22

2025-01-XX 20:30

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Waived-Borrower 1 Gap Credit Report is Missing Guidelines require a Credit Refresh when the credit report is older than 45 days from the note date. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-01/28/2025

Employment of 5 years on the same job and 36+ months 0x30 housing payment history.

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Pre-Close

Yes

XXXX

20250617191

XXXX

Closed

2025-01-XX 17:25

2025-01-XX 19:37

Resolved

1 - Information

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Resolved-Audited DTI of 46.84% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-01/24/2025

Ready for Review-Document Uploaded. We are using SSI Gross up income - PFA revised 1008 & Income worksheet - borrower self prepared the XXXX returns and she left out the SSI because its non-taxable - Buyer-01/21/2025

Counter-Documentation submitted confirms account is an IRA. 3 years' continuance is required per client guidelines. - Due Diligence Vendor-01/14/2025

Ready for Review-Document Uploaded. Please find the attached document. Additional income used and DTI is within 50% - Buyer-01/14/2025

Open-Audited DTI of 56.27% exceeds Guideline DTI of 50% Audit DTI exceeds the max GL DTI of 50% due to lender not including taxes and insurance in primary residence payment calculation.

- Due Diligence Vendor-01/08/2025

Resolved-Audited DTI of 46.84% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-01/24/2025

1099 R - Pension income.pdf

1008.pdf

1003.pdf

Award letter.pdf

SSA-1099.pdf

Tax returns.pdf

1008.pdf

Income calc.png

Investment

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617127

XXXX

Closed

2025-01-XX 14:13

2025-05-XX 14:21

Waived

2 - Non-Material

Property

Appraisal

Valuation product is deficient

Waived-The AVM provided in the loan file is not on the Acceptable AVM Model in the guidelines, section 4-5-7. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-05/09/2025

DTI <5% below maximum qualifying. -36+ months 0x30 housing payment history. -No derogatory events.

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617124

XXXX

Closed

2025-01-XX 17:50

2025-06-XX 20:10

Waived

2 - Non-Material

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Waived-Lender provided completed lender exception. Condition Waived. This finding is non-material and will be rated an B. - Due Diligence Vendor-06/03/2025

Waived-Lender provided completed lender exception. Condition Waived. This finding is non-material and will be rated an B.

- Due Diligence Vendor-06/03/2025

Acknowledged-DTI excpetion received. - Due Diligence Vendor-01/14/2025

Ready for Review-Document Uploaded. Please find the attached exception for DTI >43% - Buyer-01/14/2025

Open-Audited DTI of 43.07% exceeds Guideline DTI of 43% Guidelines allow a maximum DTI 43% for CLTV >80-85%. The CLTV is 80.17%. Lender approved with a DTI of 43.44%. Audit DTI is 43.07%. No exception in file. - Due Diligence Vendor-01/08/2025

Waived-Lender provided completed lender exception. Condition Waived. This finding is non-material and will be rated an B. - Due Diligence Vendor-06/03/2025

Waived-Lender provided completed lender exception. Condition Waived. This finding is non-material and will be rated an B.

- Due Diligence Vendor-06/03/2025

Acknowledged-DTI excpetion received. - Due Diligence Vendor-01/14/2025

Exception Form.pdf

36+ months 0x30 housing payment history

FICO 775 vs GL minimum of 700

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Post-Close

XXXX

20250617188

XXXX

Closed

2025-03-XX 16:50

2025-03-XX 16:10

Resolved

1 - Information

Property

Value

Missing Post Close Valuation - 1

Resolved-Supporting AVM received. - Due Diligence Vendor-03/25/2025

Ready for Review-Document Uploaded. Please find the attached AVM. - Buyer-03/21/2025

Open-A valid secondary valuation supporting the origination appraisal value is not present. A valid secondary valuation supporting the origination appraisal value is not present. - Due Diligence Vendor-03/17/2025

Resolved-Supporting AVM received. - Due Diligence Vendor-03/25/2025

AVM.pdf

Investment

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617188

XXXX

Closed

2025-02-XX 14:46

2025-02-XX 23:03

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on Pre-TRID loan is missing for borrower(s)

Resolved-Received. - Due Diligence Vendor-02/20/2025

Ready for Review-Document Uploaded. Please find the attached econsent. - Buyer-02/20/2025

Open-E-Consent documentation on Pre-TRID loan is missing for borrower(s) - Due Diligence Vendor-02/05/2025

Resolved-Received. - Due Diligence Vendor-02/20/2025

XXXXXXXXXX - eConsent.pdf

Investment

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617123

XXXX

Closed

2025-01-XX 13:09

2025-01-XX 18:15

Resolved

1 - Information

Compliance

Disclosure

E-Consent documentation on Pre-TRID loan is missing for borrower(s)

Resolved-Documents were mailed via USPS, no e-signed docs. - Due Diligence Vendor-01/28/2025

Ready for Review-HELOC Booklet has time stamp at which it was sent. It was not delivered electronically. - Buyer-01/23/2025

Ready for Review-Please find the attached Disclosure Tracking. Initial Disclosure package was placed in mail on XX/XX/XXXX (within 3 business day of Loan application). E-consent was not provided by Bororwer(s). - Buyer-01/21/2025

Open-E-Consent documentation on Pre-TRID loan is missing for borrower(s) - Due Diligence Vendor-01/08/2025

Resolved-Documents were mailed via USPS, no e-signed docs. - Due Diligence Vendor-01/28/2025

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617123

XXXX

Closed

2025-01-XX 16:48

2025-01-XX 20:53

Resolved

1 - Information

Compliance

Disclosure

HELOC Important Terms document not provided timely

Resolved-Proof of timely delivery received. - Due Diligence Vendor-01/22/2025

Ready for Review-Document Uploaded. Please find the attached HELOC Important terms dated XX/XX/XXXX along with Disclosure Tracking. - Buyer-01/21/2025

Open-HELOC Important Terms, dated XX/XX/XXXX, is more than 3 business days from application date of XX/XX/XXXX. - Due Diligence Vendor-01/09/2025

Resolved-Proof of timely delivery received. - Due Diligence Vendor-01/22/2025

XXXXXXXXXX - Disclosure Tracking.pdf

XXXXXXXXXX - Initial Disclosure.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617123

XXXX

Closed

2025-01-XX 13:07

2025-01-XX 16:45

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Homeownership Counseling Organizations Disclosure Missing or Incomplete

Acknowledged-Homeownership Counseling Organizations Disclosure Missing or Incomplete This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-01/08/2025

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617123

XXXX

Closed

2025-01-XX 13:09

2025-01-XX 16:45

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Privacy Notice Required - Missing or Incomplete

Acknowledged-Privacy Notice Required - Missing or Incomplete This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-01/08/2025

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617273

XXXX

Closed

2025-01-XX 20:06

2025-06-XX 20:13

Waived

2 - Non-Material

Credit

Eligibility

Appraisal not obtained from an approved vendor

Waived-Lender provided completed lender exception. Condition Waived. This finding is non-material and will be rated an B.

- Due Diligence Vendor-06/03/2025

Waived-Lender exception received. - Due Diligence Vendor-01/27/2025

Ready for Review-Document Uploaded. 36+ Months 0x30 housing payment History - we have 35 months reviewed on credit report and after that mortgage statement of XX/XXXX & XX/XXXX confirming payment made on time which met the compensating factor. PFA mtg statements.

Revised Exception form uploaded, Borrower XXXXX has bonus income on paystub using which DTI will reduce to 41% subject to receipt of VOW so comp factor updated. - Buyer-01/24/2025

Open-Appraisal was not obtained from an approved vendor. Appraisal/AVM was not obtained from an approved vendor. A lender exception is present in the loan file, dated prior to consummation, however compensating factors are not verified. - Due Diligence Vendor-01/15/2025

Waived-Lender provided completed lender exception. Condition Waived. This finding is non-material and will be rated an B.

- Due Diligence Vendor-06/03/2025

Waived-Lender exception received. - Due Diligence Vendor-01/27/2025

Corrected Exception Form.pdf

Annual bonus XXXX B1.pdf

XXX stmt.pdf

No Derogatory Events (no derogatory events per credit report) MET

Employment history of over 4 years for both borrowers.

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Post-Close

XXXX

20250617273

XXXX

Closed

2025-01-XX 19:43

2025-01-XX 18:57

Waived

2 - Non-Material

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Waived-Exception form received. - Due Diligence Vendor-01/27/2025

Open-Audited DTI of 44.78% exceeds Guideline DTI of 43% - Due Diligence Vendor-01/27/2025

Ready for Review-Document Uploaded. PFA Exception form and UW notes for Manual pricing of DTI above 43% based on exception approved - Buyer-01/24/2025

Open-Audited DTI of 44.78% exceeds Guideline DTI of 43% Audit DTI calculated as per the loan package available in the file. - Due Diligence Vendor-01/15/2025

Waived-Exception form received. - Due Diligence Vendor-01/27/2025

1008.pdf

Exception Form.pdf

Credit Score 10pts+ above qualifying

36 mo 0x30 payment history

No derogatory events

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Investor Post-Close

XXXX

20250617265

XXXX

Closed

2025-02-XX 15:01

2025-02-XX 16:04

Resolved

1 - Information

Property

Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided

Resolved-Post incident inspection provided - Due Diligence Vendor-02/13/2025

Ready for Review-Document Uploaded. PFA - Buyer-02/12/2025

Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-02/05/2025

Resolved-Post incident inspection provided - Due Diligence Vendor-02/13/2025

PCI REPORT.pdf

Investment

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617203

XXXX

Closed

2025-02-XX 21:28

2025-04-XX 16:30

Resolved

1 - Information

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Resolved-Audited DTI of 49.25% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-04/30/2025

Resolved-Received a revised 1008 with updated lender income and a PITI breakdown info for REO. Condition cleared. - Due Diligence Vendor-03/10/2025

Waived-Lender exception received. - Due Diligence Vendor-03/04/2025

Ready for Review-Document Uploaded. PFA exception for DTI little higher than 50% and revised 1003 & 1008 - Buyer-03/04/2025

Counter-Audit rental calcs available in bulletin board. Calculation differences in PITIA. - Due Diligence Vendor-03/03/2025

Ready for Review-Document Uploaded. Rental income considered currently is apt as per XXXX tax returns and our DTI is 49.975% with the same. Kindly provide your calculation if disagree with our rental income calculation. PFA rental income XX - Buyer-03/03/2025

Open-Audited DTI of 50.08% exceeds Guideline DTI of 50%. Audit used a more conservative subject negative rental income per documents in the loan file. - Due Diligence Vendor-02/26/2025

Resolved-Audited DTI of 49.25% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-04/30/2025

Resolved-Received a revised 1008 with updated lender income and a PITI breakdown info for REO. Condition cleared. - Due Diligence Vendor-03/10/2025

Waived-Lender exception received. - Due Diligence Vendor-03/04/2025

rental income WS.pdf

1008.pdf

Exception form.pdf

1003.pdf

FICO 10 points above requirement

36+ Months 0x30 housing payment history

Investment

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617203

XXXX

Closed

2025-02-XX 13:20

2025-02-XX 20:03

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: Servicing Transfer Notice Missing

Acknowledged-RESPA: Servicing Transfer Notice Missing. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-02/27/2025

Investment

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617194

XXXX

Closed

2025-02-XX 12:46

2025-02-XX 15:35

Resolved

1 - Information

Compliance

Missing Doc

Final HUD-1 Document is Missing

Resolved-HUD marked FINAL received. - Due Diligence Vendor-02/28/2025

Resolved-Final HUD-1 Document is not missing. - Due Diligence Vendor-02/28/2025

Ready for Review-Document Uploaded. Please find the attached Final SS. It was provided by Settlement agert after closing hence it is not signed by them. Please clear the condition. - Buyer-02/27/2025

Counter-The document provided is not signed by the settlement agent and marked as estimated. Final SS required. - Due Diligence Vendor-02/27/2025

Ready for Review-Document Uploaded. The SS which was signed and provided at closing was FInal SS however it is marked Estimated but it was signed by Closing agent at closing, hence it should be considered as Final SS (already available in package). - Buyer-02/25/2025

Open-Final HUD-1 Document is missing. - Due Diligence Vendor-02/20/2025

Resolved-HUD marked FINAL received. - Due Diligence Vendor-02/28/2025

Resolved-Final HUD-1 Document is not missing. - Due Diligence Vendor-02/28/2025

XXXXXXXXXX - Final SS.pdf

Investment

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617322

XXXX

Closed

2025-02-XX 16:05

2025-02-XX 18:09

Resolved

1 - Information

Credit

Missing Doc

Required Documentation is Missing

Resolved-12 Months Bank statements received evidencing payments made by other. Finding resolved. - Due Diligence Vendor-02/12/2025

Ready for Review-Document Uploaded. PFA 12 months bank statement - Buyer-02/11/2025

Open-Lender excluded the mortgage payment with XXXXXXXXXX (mortgage on REO #2 on the loan application) from the Debt Ratio. Borrower was a co-signer on this loan and payment is being made by other individual on the loan. Lender guidelines refer to XXXXXX XXX guidelines for this scenario, which require evidence of 12 months of payments by the other individual. File is missing the 12 month history of payments by the other individual. - Due Diligence Vendor-02/07/2025

Resolved-12 Months Bank statements received evidencing payments made by other. Finding resolved. - Due Diligence Vendor-02/12/2025

12 months bank statement.pdf

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

N/A

XXXX

20250617061

XXXX

Closed

2025-01-XX 14:54

2025-01-XX 14:20

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Privacy Notice Required - Missing or Incomplete

Acknowledged-Privacy Notice Required - Missing or Incomplete. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-01/22/2025

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617061

XXXX

Closed

2025-01-XX 14:54

2025-01-XX 14:19

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Homeownership Counseling Organizations Disclosure Missing or Incomplete

Acknowledged-Homeownership Counseling Organizations Disclosure Missing or Incomplete This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-01/22/2025

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617048

XXXX

Closed

2025-03-XX 16:41

2025-03-XX 14:33

Acknowledged

2 - Non-Material

Compliance

Missing Doc

Homeownership Counseling Organizations Disclosure Missing or Incomplete

Acknowledged-Homeownership Counseling Organizations Disclosure Missing or Incomplete Acknowledgement of the disclosure is in the file. Missing the list. This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-03/08/2025

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617115

XXXX

Closed

2025-02-XX 18:52

2025-06-XX 20:14

Waived

2 - Non-Material

Credit

Eligibility

Credit History Insufficient

Waived-Lender provided completed lender exception with 2 valid compensating factors. Condition Waived. This finding is non-material and will be rated an B.

- Due Diligence Vendor-06/03/2025

Waived-Lender exception received. - Due Diligence Vendor-03/04/2025

Ready for Review-Document Uploaded. PFA. Exception approved. - Buyer-03/03/2025

Open-Co-Borrower does not meet minimum tradeline requirements. Guidelines require two active tradelines with 24 month history; active mortgage with 12 months 0x30 or 3 years of 0x30 mortgage history. Co-Borrower has only 1 active tradeline and no mortgage history. No exception in file. - Due Diligence Vendor-02/27/2025

Waived-Lender provided completed lender exception with 2 valid compensating factors. Condition Waived. This finding is non-material and will be rated an B.

- Due Diligence Vendor-06/03/2025

Waived-Lender exception received. - Due Diligence Vendor-03/04/2025

Exception.pdf

FICO 20 points above requirement

Minimal consumer debt

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Post-Close

XXXX

20250617056

XXXX

Closed

2025-02-XX 18:32

2025-02-XX 13:31

Resolved

1 - Information

Compliance

Missing Doc

Final HUD-1 Document is Missing

Resolved-Final HUD-1 Document is not missing. - Due Diligence Vendor-02/20/2025

Ready for Review-Document Uploaded. Please find the attached Final Settlement Statement. - Buyer-02/20/2025

Open-Final HUD-1 Document is missing. Missing Final HUD-1: Compliance testing utilized Preliminary/ Estimated HUD from loan file. Additional exceptions may occur upon receipt of complete Final HUD-1. - Due Diligence Vendor-02/05/2025

Resolved-Final HUD-1 Document is not missing. - Due Diligence Vendor-02/20/2025

XXXXXXXXXX - Final SS.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617052

XXXX

Closed

2025-02-XX 18:01

2025-02-XX 20:58

Resolved

1 - Information

Compliance

Disclosure

HUD fees and HELOC Agreement fees do not match

Resolved-Received post close disbursement schedule, corrected HUD, copy of refund check and tracking. Condition cleared. - Due Diligence Vendor-02/21/2025

Ready for Review-Document Uploaded. Please find the attached HELOC Disbursement Schedule, FInal SS and Disclosure tracking. - Buyer-02/20/2025

Open-Fees collected on HUD1/Settlement Statement do not match fees reflected in HELOC Agreement. Recording and Prepaid interest fees do not match.

- Due Diligence Vendor-02/13/2025

Resolved-Received post close disbursement schedule, corrected HUD, copy of refund check and tracking. Condition cleared. - Due Diligence Vendor-02/21/2025

XXXXXXXXXX - Disclosure tracking.pdf

XXXXXXXXXX - Final SS.pdf

XXXXXXXXXX - Post Close HELOC Disbursement.pdf

Investment

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617130

XXXX

Closed

2025-02-XX 18:42

2025-06-XX 20:15

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: Servicing Transfer Notice Missing

Acknowledged-RESPA: Servicing Transfer Notice Missing. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-02/19/2025

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Post-Close

XXXX

20250617347

XXXX

Closed

2025-02-XX 19:58

2025-02-XX 16:34

Resolved

1 - Information

Compliance

Missing Doc

Missing HUD-1 Closing Statement

Resolved-Final SS provided and matches the Disbursement Schedule and Note fees - Due Diligence Vendor-02/24/2025

Ready for Review-The SS which was signed and provided at closing was FInal SS however it is marked Estimated but it was signed by Closing agent at closing, hence it should be considered as Final SS (already available in package). We have corrected SS but it is unsigned as it was provided by agent after closing. Closing agent can not sign the SS which is provided after closing. Please let me know what is required. - Buyer-02/24/2025

Counter-Received unsigned final HUD that matches the HELOC agreement and the signed Disbursement schedule. - Due Diligence Vendor-02/21/2025

Ready for Review-Document Uploaded. Please find the attached Final Settlement Statement. - Buyer-02/20/2025

Open-File contained 2 settlement statements which are both marked, "estimated" provided final HUD. - Due Diligence Vendor-02/06/2025

Resolved-Final SS provided and matches the Disbursement Schedule and Note fees - Due Diligence Vendor-02/24/2025

XXXXXXXXXX - Final SS.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617347

XXXX

Closed

2025-02-XX 14:29

2025-02-XX 18:13

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 3rd Party VOE Prior to Close Missing

Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-02/12/2025

Ready for Review-Document Uploaded. PFA Verbal VOE within 10 business days of closing - Buyer-02/11/2025

Open-Borrower 1 3rd Party VOE Prior to Close Missing. - Due Diligence Vendor-02/05/2025

Resolved-Borrower 1 3rd Party VOE Prior to Close Was Provided - Due Diligence Vendor-02/12/2025

VVOE.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617262

XXXX

Closed

2025-03-XX 16:56

2025-03-XX 19:30

Resolved

1 - Information

Property

Value

Missing Post Close Valuation - 1

Resolved-AVM received. - Due Diligence Vendor-03/24/2025

Ready for Review-Document Uploaded. Please find attached AVM report. - Buyer-03/21/2025

Resolved-AVM received. - Due Diligence Vendor-03/24/2025

AVM.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617345

XXXX

Closed

2025-04-XX 19:00

2025-04-XX 14:17

Resolved

1 - Information

Credit

Missing Doc

Missing Borrower Identification - Borrower 2

Resolved-Received. - Due Diligence Vendor-04/16/2025

Ready for Review-Document Uploaded. PFA B2 ID - Buyer-04/11/2025

Open-Borrower 2 identification not provided. - Due Diligence Vendor-04/09/2025

Resolved-Received. - Due Diligence Vendor-04/16/2025

B2 ID.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617345

XXXX

Closed

2025-04-XX 18:39

2025-04-XX 19:17

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 2 Gap Credit Report is Missing

Waived-Borrower 2 Gap Credit Report is Missing Guidelines require a Refresh (LQI) credit report when the lender uses a credit report that is older than 45 days from the note date. The credit report in file was dated XX/XX/XXXX and the Note date was XX/XX/XXXX. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/09/2025

CLTV < 5% below maximum, DTI < 5% below maximum, income not used to qualify and 36+ 0x30 housing payment history.

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617345

XXXX

Closed

2025-04-XX 18:39

2025-04-XX 19:16

Waived

2 - Non-Material

Credit

Missing Doc

Borrower 1 Gap Credit Report is Missing

Waived-Borrower 1 Gap Credit Report is Missing Guidelines require a Refresh (LQI) credit report when the lender uses a credit report that is older than 45 days from the note date. The credit report in file was dated XX/XX/XXXX and the Note date was XX/XX/XXXX. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated. - Due Diligence Vendor-04/09/2025

CLTV < 5% below the maximum, DTI < 5% below maximum, income not used to qualify and 36+ months 0x30 housing history.

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes

XXXX

20250617327

XXXX

Closed

2025-03-XX 18:06

2025-03-XX 19:27

Resolved

1 - Information

Compliance

Disclosure

HELOC What You Should Know Booklet not provided timely

Resolved-Loan product was changed to HELOC. - Due Diligence Vendor-03/19/2025

Ready for Review-Document Uploaded. Initial Disclosures was sent on XX/XX/XXXX (within 3 business day of loan application date XX/XX/XXXX). Borrower has requested to change the loan from HELOAN to HELOC hence we have sent the HELOC disclosure on XX/XX/XXXX. Loan is within Compliane as we have sent the revised Disclosure as per Borrower's request. Please refer to the attached Disclosure timeline. - Buyer-03/19/2025

Open-HELOC What You Should Know Booklet, dated XX/XX/XXXX, is more than 3 business days from application date of XX/XX/XXXX. - Due Diligence Vendor-03/12/2025

Resolved-Loan product was changed to HELOC. - Due Diligence Vendor-03/19/2025

XXXXXXXXXX - Disclosure Timeline.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617327

XXXX

Closed

2025-03-XX 18:04

2025-03-XX 19:27

Resolved

1 - Information

Compliance

Disclosure

HELOC Important Terms document not provided timely

Resolved-Loan product was changed to HELOC. - Due Diligence Vendor-03/19/2025

Open-HELOC Important Terms, dated XX/XX/XXXX, is more than 3 business days from application date of XX/XX/XXXX. - Due Diligence Vendor-03/12/2025

Resolved-Loan product was changed to HELOC. - Due Diligence Vendor-03/19/2025

XXXXXXXXXX - Disclosure Timeline.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617047

XXXX

Closed

2025-03-XX 19:22

2025-03-XX 18:41

Resolved

1 - Information

Property

Value

Missing Valuation Review Product - 1

Resolved-Supporting AVM received. - Due Diligence Vendor-03/24/2025

Ready for Review-Document Uploaded. Please find attached AVM - Buyer-03/21/2025

Counter-Valuations are same vendor, same day. Separate valuations, separate vendors are required. - Due Diligence Vendor-03/21/2025

Ready for Review-Document Uploaded. Please find attached AVM+PCI report for your reference. - Buyer-03/20/2025

Resolved-Supporting AVM received. - Due Diligence Vendor-03/24/2025

AVM & PCI Report.pdf

AVM.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617047

XXXX

Closed

2025-03-XX 10:20

2025-03-XX 18:44

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: Servicing Transfer Notice Missing

Acknowledged-RESPA: Servicing Transfer Notice Missing. This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-03/06/2025

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617329

XXXX

Closed

2025-03-XX 15:00

2025-03-XX 12:32

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: Servicing Transfer Notice Missing

Acknowledged-RESPA: Servicing Transfer Notice Missing. This finding is non-material and will be rated a B for all agencies - Due Diligence Vendor-03/05/2025

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617122

XXXX

Closed

2025-03-XX 18:21

2025-04-XX 15:52

Resolved

1 - Information

Compliance

Disclosure

HELOC Important Terms document not provided timely

Resolved-Documentation supporting program change received. - Due Diligence Vendor-04/04/2025

Open-HELOC Important Terms document not provided timely. Application date is XX/XX/XXXX and document provided date is XX/XX/XXXX. - Due Diligence Vendor-03/17/2025

Resolved-Documentation supporting program change received. - Due Diligence Vendor-04/04/2025

XXXXXXXXXX - Disclosure Tracking.pdf

XXXXXXXXXX - HELOC Disclosure.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617131

XXXX

Closed

2025-03-XX 15:40

2025-03-XX 19:47

Resolved

1 - Information

Credit

Missing Doc

Missing Evidence of HOA Dues for Primary Residence

Resolved-XXX verification received. - Due Diligence Vendor-03/20/2025

Ready for Review-Document Uploaded. Letter from XXX management company is in file confirming the XXX dues amount on subject property. Please find the attached document. - Buyer-03/20/2025

Open-Missing Evidence of XXX Dues for Primary Residence Missing Evidence of XXX Dues for subject property - Due Diligence Vendor-03/09/2025

Resolved-HOA verification received. - Due Diligence Vendor-03/20/2025

XXX.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617196

XXXX

Closed

2025-03-XX 11:56

2025-04-XX 18:34

Resolved

1 - Information

Credit

Missing Doc

Borrower 2 3rd Party VOE Prior to Close Missing

Resolved-WVOE w/in 10 business days received. - Due Diligence Vendor-04/04/2025

Ready for Review-Document Uploaded. PFA B2 WVOE dated XX/XX/XXXX - Buyer-04/04/2025

Ready for Review-Document Uploaded. PFA B1 WVOE dated XX/XX/XXXX good till XX/XX/XXXX - 10 business days - Buyer-04/02/2025

Counter-WVOEs have not been provided in initial loan file. - Due Diligence Vendor-04/01/2025

Ready for Review-WVOE is present in file dated XX/XX/XXXX & XX/XX/XXXX for both borrowers which is within 10 business days of closing XX/XX/XXXX. - Buyer-03/31/2025

Open-Borrower 2 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-03/17/2025

Resolved-WVOE w/in 10 business days received. - Due Diligence Vendor-04/04/2025

B1 - WVOE XX/XX/XXXX.pdf

B2 WVOE dated XX/XX/XXXX.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617196

XXXX

Closed

2025-03-XX 11:56

2025-04-XX 18:33

Resolved

1 - Information

Credit

Missing Doc

Borrower 1 3rd Party VOE Prior to Close Missing

Resolved-WVOE w/in 10 business days received. - Due Diligence Vendor-04/04/2025

Ready for Review-Document Uploaded. PFA B1 WVOE dated XX/XX/XXXX - Buyer-04/04/2025

Counter-WVOEs have not been provided in initial loan file. - Due Diligence Vendor-04/01/2025

Ready for Review-WVOE is present in file dated XX/XX/XXXX & XX/XX/XXXX for both borrowers which is within 10 business days of closing XX/XX/XXXX. - Buyer-03/31/2025

Open-Borrower 1 3rd Party VOE Prior to Close Missing - Due Diligence Vendor-03/17/2025

Resolved-WVOE w/in 10 business days received. - Due Diligence Vendor-04/04/2025

B1 WVOE dated XX/XX/XXXX.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617202

XXXX

Closed

2025-03-XX 18:26

2025-06-XX 20:16

Waived

2 - Non-Material

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Waived-Lender provided completed lender exception with 2 valid compensating factors. Condition Waived. This finding is non-material and will be rated an B.

- Due Diligence Vendor-06/03/2025

Waived-Exception form with comp factors received. - Due Diligence Vendor-04/04/2025

Ready for Review-Document Uploaded. Please find the revised Exception Form - Buyer-04/02/2025

Open-Audited DTI of 47.23% exceeds Guideline DTI of 43% . The Guideline max DTI is 45% if CLTV more than 80% and 50% if CLTV is more than 75%. Audit DTI is 47.23% and CLTV is 84.83%. A Lender exception dated prior to consummation was provided, however, the exception is not valid. The lender exception details state "DTI over 43% and LTV is over 80%". The exception details should state "DTI over 45% and CLTV is over 75%". Additionally, only 1 comp factor was provided on the exception document. Provide a valid Lender exception for both the DTI and CLTV with compensating factors. - Due Diligence Vendor-03/17/2025

Waived-Lender provided completed lender exception with 2 valid compensating factors. Condition Waived. This finding is non-material and will be rated an B.

- Due Diligence Vendor-06/03/2025

Waived-Exception form with comp factors received. - Due Diligence Vendor-04/04/2025

Exception Form.pdf

36+ Months 0x30 housing payment history

Credit Score > 10 points above qualifying

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Post-Close

XXXX

20250617202

XXXX

Closed

2025-03-XX 18:56

2025-06-XX 20:16

Waived

2 - Non-Material

Credit

Eligibility

Audited CLTV Exceeds Guideline CLTV

Waived-Lender provided completed lender exception with 2 valid compensating factors. Condition Waived. This finding is non-material and will be rated an B.

- Due Diligence Vendor-06/03/2025

Waived-Exception form received with comp factors. - Due Diligence Vendor-04/04/2025

Ready for Review-Document Uploaded. Please find the attached Exception Form. - Buyer-04/02/2025

Open-Audited CLTV of 84.72% exceeds Guideline CLTV of 75% The Guideline max DTI is 45% if CLTV more than 80% and 50% if CLTV is more than 75%. Audit DTI is 47.23% and CLTV is 84.83%. A Lender exception dated prior to consummation was provided, however, the exception is not valid. The lender exception details state "DTI over 43% and LTV is over 80%". The exception details should state "DTI over 45% and CLTV is over 75%". Additionally, only 1 comp factor was provided on the exception document. Provide a valid Lender exception for both the DTI and CLTV with compensating factors. - Due Diligence Vendor-03/27/2025

Waived-Lender provided completed lender exception with 2 valid compensating factors. Condition Waived. This finding is non-material and will be rated an B.

- Due Diligence Vendor-06/03/2025

Waived-Exception form received with comp factors. - Due Diligence Vendor-04/04/2025

Exception Form.pdf

36+ Months 0x30 housing payment history

Credit Score > 10 points above qualifying

Primary Residence

Refinance

Cash Out - Debt Consolidation

XXX

Originator Post-Close

XXXX

20250617120

XXXX

Closed

2025-03-XX 14:24

2025-04-XX 15:38

Resolved

1 - Information

Property

Property in Disaster Area – Property located in a FEMA declared disaster area. Inspection post incident date was not provided

Resolved-Post incident inspection provided - Due Diligence Vendor-04/04/2025

Ready for Review-Document Uploaded. PFA - Buyer-04/03/2025

Open-Subject property is in recent disaster area and there is no post incident inspection - Due Diligence Vendor-03/27/2025

Resolved-Post incident inspection provided - Due Diligence Vendor-04/04/2025

XXXX_XXXXXXXX_XXXXX_XXXXX_FL_XXXXX_XXXXXXXXXX_XXXX.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617199

XXXX

Closed

2025-04-XX 11:55

2025-04-XX 17:03

Acknowledged

2 - Non-Material

Compliance

Missing Doc

RESPA: Servicing Transfer Notice Missing

Acknowledged-RESPA: Servicing Transfer Notice Missing. This finding is non-material and will be rated a B for all agencies. - Due Diligence Vendor-04/03/2025

Primary Residence

Refinance

Cash Out - Other

XXX

Investor Post-Close

XXXX

20250617198

XXXX

Closed

2025-03-XX 13:54

2025-04-XX 18:51

Resolved

1 - Information

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Resolved-Audited DTI of 48.59% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-04/07/2025

Ready for Review-Document Uploaded. PFA 12 months bank statement for Excluded account paid y other. - Buyer-04/04/2025

Open-Audited DTI of 59.44% exceeds Guideline DTI of 50% It appears that the lender did not include a debt with a $XXX monthly payment in their DTI calculation. The debt is listed on the credit report and 1003 and there is no documentation in the file to explain the reason the debt was excluded.

- Due Diligence Vendor-03/17/2025

Resolved-Audited DTI of 48.59% is less than or equal to Guideline DTI of 50% - Due Diligence Vendor-04/07/2025

12 months statement for excluded accounts.pdf

Primary Residence

Refinance

Cash Out - Other

XXX

N/A

XXXX

20250617339

XXXX

Closed

2025-04-XX 11:21

2025-06-XX 20:19

Waived

2 - Non-Material

Credit

Eligibility

Audited DTI Exceeds Guideline DTI

Waived-Lender provided completed lender exception. Condition Waived. This finding is non-material and will be rated an B.

- Due Diligence Vendor-06/03/2025

Waived-Audited DTI of 49.77% exceeds Guideline DTI of 43% GL section 4-4-4 requires DTI to be restricted to 43% for LTV over 80% however subject transaction DT is 49.77%. Lender provided approved exception dated prior to consummation and all lender compensating factors have been documented and validated - Due Diligence Vendor-04/04/2025

Waived-Lender provided completed lender exception. Condition Waived. This finding is non-material and will be rated an B.

- Due Diligence Vendor-06/03/2025

36+ Months 0x30 housing payment history

Employment history of 25 years on the same job for co-borrower

Primary Residence

Refinance

Cash Out - Other

XXX

Originator Pre-Close

Yes